The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The Supreme Court on Thursday said it cannot be swayed by emotions or public protests in directing closure of polluting industries but have to go strictly by law in deciding demands for closing down Sterlite Industries in Tamil Nadu’s Tuticorin district. A bench of justices A K Patnaik and H …
New Delhi: Sajjan Jindalled JSW Steel said on Thursday that it might challenge the government in court over de-allocation of the Gourangdih ABC coal mine and insisted that the company has “not done anything wrong”. Seshagiri Rao, joint managing director at the country’s third-biggest steelmaker, said legal recourse is one …
Five mining leases with a combined capacity of 2.56 mt are waiting for final approval to restart mining in Bellary & Chitradurga districts The resumption of iron ore mining in Karnataka is likely to be delayed as none of the Category A mines is able to secure all statutory approvals …
PANAJI, 11 OCT: Uncertainty over revival of mining activity in Goa in near future is forcing barge operators to scout for new locations outside the state. This is evident from the steady flow of applications the department of ports, which is authorised to register and regulate vessels, is receiving from …
‘The moment case is resolved in SC, it will be returned to farmers’ Chief Minister Mamata Banerjee on Tuesday said the land at the disputed site at Singur belonged to the West Bengal government and not to the Tatas, which unsuccessfully sought to set up a small car factory there. …
At the e-auctions held on October 5 for 1.14 mn tonnes of iron ore, buyers showed interest to buy barely 160,000 tonnes Even though steel mills are facing acute shortage of raw materials for their blast furnaces, they showed no urgency to buy iron ore at the recent electronic auctions …
Mumbai London-listed Vedanta’s iron ore mining arm in India, Sesa Goa, is likely to produce only a third of its fiscal 2012-13 production target of 15 million tonne from Goa as the company faces a lengthy spell of non-production in the state. In September, the Goa government first announced a …
Apex court guidelines on forest clearance violated Bandipora: In a brazen violation to the Supreme Court (SC) guidelines, a private company in league with the Border Roads Organizations (BRO) project Beacon's officials and forest department has set up a stone crusher in the dense forests of Bandipora. The Company is …
JAIPUR: The recommendation of the Supreme Court-appointed Central Empowered Committee (CEC) to increase safety zones (eco-sensitive zones) around wildlife sanctuaries and national parks from 100 meters to 2 km from the park's boundary has not come as a shock. Given the current scenario, this would not make any difference. The …
The Orissa Mining Corporation (OMC) on Friday assailed the action of former Union environment minister Jairam Ramesh in cancelling the approval granted to the state-owned company for bauxite mining in the Niyamgiri hills of impoverished Kalahandi district. OMC’s counsel told the ‘green bench’ of the Supreme Court that the minister …
New Delhi: The Supreme Court on Friday imposed a complete ban on mining activities in all the 90 mines in Goa as well as the transportation of iron and manganese ores till further orders. Goa is the country's second-biggest iron-ore producer—with an output of more than 50 million tonnes—and exports …
Goa followed Karnataka on Friday when the Supreme Court imposed a complete ban on the mining activities as well as transportation of iron and manganese ore in the state till further orders. A Forest Bench led by Justice Aftab Alam, which had in a separate matter put a ban on …
“Any agreement in violation of statute or law is void,” says Bench The Supreme Court on Thursday asked the Union government to explain whether an agreement with Russia to waive civil liability in case of an accident at the Kudankulam nuclear power plant would have an impact on the exchequer. …
Category B leases were found to have done illegal mining outside the sanctioned areas up to 10% of the lease areas The Supreme Court of India has directed 63 Category B mining leases in Karnataka to pay compensation for illegal mining outside the sanctioned area before allowing them to restart …
New Delhi The Supreme Court on Thursday decided to reopen its 2010 judgment that had ruled against granting of mining lease to JSW Steel and Kalyani Steel in Karnataka. The reopening of the case gives some hope to these companies which are keen to do mining of iron and manganese …
The Supreme Court on Thursday agreed to hear a review petition filed by the Union government contending that it was not heard before the court passed a judgment in 2010, with regard to allocation of mining leases. The court had directed the Karnataka government to consider applications from companies to …
The Supreme Court on Thursday ordered iron ore mining in six leases in Andhra Pradesh’s Anantapur district to be stopped due to a pending inter-state border survey. The court’s forest bench, which is hearing cases on illegal mining, said mining operations and transportation of ore from the six leases should …
A Supreme Court order on drug price control on Wednesday has caused confusion with some interpreting it to mean the retention of cost-based pricing which will help patients. The apex court on Wednesday asked the government not to alter the existing drug price structure, sparking speculation about the impact of …
Mining operations in all the 90 mines in Goa were on Friday ordered to be halted by the Supreme Court on the basis of the Justice M.B. Shah Commission report which estimated a whopping Rs.35,000 crore to the exchequer due to illegal mining in the last 12 years. Mining companies …
New Delhi: The Supreme Court on Thursday asked the Centre to explain whether exempting the Russian manufacturer of Kudankulam Nuclear Power Plant’s reactor could adversely cost India’s exchequer and tax payers in the event of a tragedy taking place because of faulty reactor. This comment came from a bench of …
