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 …
Union tribal affairs and panchayati raj minister V Kishore Chandra Deo says his ministry will take a closer look at mineral resource projects, bauxite, iron ore or any other mineral, in areas where the rights of tribals are protected by the Constitution. The minister said he would write to governors …
The state steel and mines department has circulated a new guideline for second and subsequent renewal of iron ore, manganese, chromite and bauxite mines in the state. While framing the guideline, the department has invoked a 1996 judgement of the Supreme Court which ruled that second and subsequent renewals cannot …
Even as the Reliance Energy Limited (REL)-managed distribution companies have been flouting all the agreements, silence of the State Government has baffled many. In a memorandum to Chief Secretary BK Patnaik, trade union leader and Nikhila Odisha Bidyut Shramik Mahasangha general secretary Sarat Mohanty sought to know the action taken …
Secretariat march today Protesting against the new Supreme Court directive asking small and medium crusher and quarry owners to secure NOCs from the Union Ministry of Environment and Forests for their operations, the Kerala Crusher and Quarry Owners Association coordination committee will hold a Secretariat march on Thursday, association officer-bearers …
Bhubaneswar: Odisha Mining Corporation (OMC) today said its joint venture agreement with Delhi-based Sainik Mining and Allied Services Ltd (SMASL) has been cancelled. The JV between OMC and SMASL was signed in 2003 to develop Utkal-D coal block having a reserve of 145 MT in Angul district. It had been …
The Chhattisgarh High Court on Tuesday quashed the proceedings conducted by the state government for acquiring land for four big companies investing in the state's power sector. The companies are Moser Baer, Wardha Power, a venture of KSK Energy, Visa Power and SKS Power.
Nearly 12 mines have to get various statutory approvals, including reclamation plan The Supreme Court has given a nod to 18 iron ore mines to resume operations in Karnataka, but only one of them fulfills the conditions required to start the operations. As many as 12 mines have to get …
Verdict of 2010 related to applications for leases The Supreme Court on Tuesday reserved its order on maintainability of a host of petitions filed by the Union and Karnataka governments, as well as mining companies seeking review of a 2010 apex court verdict. The verdict had directed the Karnataka government …
RPower awarded three captive coal mines for its 4,000-Mw Sasan UMPP -Moher, Moher Amlohri extension and Chhatrasal Reliance Power Ltd on Monday announced it had commenced coal production at two of its Sasan power project’s captive coal mines—Moher and Moher Amlohri extension. The company did not divulge any details on …
MCL is the second largest subsidiary of Coal India in terms of coal output Mahanadi Coalfields Ltd (MCL), which had shut down its six mines in Ib valley region over the weekend following an order of the state steel and mines department, has moved the Supreme Court seeking stay on …
India's third largest heavy commercial vehicle (HCV) manufacturer Asia Motor Works Ltd (AMW) with its manufacturing plant is Kutch district has got nod from Gujarat Highc Court for demerger into two companies for for better and efficient management and attracting investments. The Scheme of Arrangement for demerger under Sections 391 …
CEC recommends permitting resumption of mining operations by Category A mines The Supreme Court will pass its order on Monday on the petitions for resuming mining in the three districts of Karnataka, which was suspended by the court last year. A bench headed by Justice Aftab Alam heard arguments from …
In the light of careless handling of hazardous material by private companies at Cuncolim Industrial Estate, the government has been forced to step in and work out a solution. But shouldn’t stringent environmental safeguards be built into the industrial and investment policies to arrest fly-by-night operators, asks Guilherme Almeida MARGAO: …
Expert panel says effective checks and balances in place to ensure work in scientific manner Iron ore mining in Karnataka is set to restart with the Supreme Court-appointed Central Empowered Committee (CEC) on Thursday giving the green signal to ‘A category’ of mines in the State to resume operations, provided …
PANJIM: In a major development, the Union Ministry of Environment and Forest (MoEF) has directed two mines operating within 10 kms of the Mahaveer Wildlife Sanctuary in Sanguem taluka to shut down operations with immediate effect for failing to get clearance from the National Wildlife Board. The orders have been …
The Gujarat High Court on Tuesday gave sanction to scheme of amalgamation of Hazira Gas Private Limited with Hazira LNG Private Limited, both joint venture companies between Shell Gas BV and Total Gas Electricite Holdings, France. The scheme of amalgamation was sanctioned by Justice Abhilasha Kumari, who observed, "upon considering …
NEW DELHI: The Supreme Court on Tuesday was irked by the blame game between Central Pollution Control Board (CPCB) and the Indian Institute of Toxicology Research (IITR), which was tasked to test ground water around the Union Carbide plant in Bhopal and file a report. The Lucknow-based institute, which was …
