Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …
Mines Minister Dinsha Patel believes that the new mining Bill will help check illegal mining. In an interview with ET’s Meera Mohanty, Patel says his ministry meanwhile will look into the industry's concerns. Edited excerpts: What is the Centre’s view on the recent resolutions passed by Odisha? The Shah Commission …
Allotment only if port achieves 70% cap utilisation, gets environmental nod from MoEF, Green Tribunal Amid speculation of stake sale by L&T;, one of the promoters of Dhamara Port Company Ltd (DPCL), Odisha government has ruled out immediate allotment of land for the port's second phase expansion. Dhamara Port Company …
The state steel & mines department is not in favour of a complete ban on export of iron ore to help curb illegal mining activities. The M B Shah Commission of enquiry probing into large scale mining activities without lawful authority had recently sought the views of the state government …
Bhubaneswar: In a bid to curb illegal mining and export of minerals, the state government has decided to take over excess land from the lessees, if their mining leases are found to be in excess of captive requirement while considering the second and subsequent renewal on the leases. In a …
The Karnataka High Court on Wednesday refused to grant bail to IFS officer S. Muthaiah and retired Deputy Director of Mines and Geology Department S.P. Raju, accused in the illegal mining case against the former Minister G. Janardhan Reddy-owned Associated Mining Company (AMC). Justice H.N. Nagamohan Das passed the order …
Shah Commission had said the iron ore scam could have caused a loss of . 35,000 cr to exchequer. The Goa government’s decision to probe irregularities pointed out by a Centre-appointed panel in iron ore mining has left miners worried. “This comes as a shock. We are already replying to …
The exports have increased substantially in the last 2-3 years Trade body Federation of Indian Chambers of Commerce and Industry (Ficci) has urged the Union ministry of commerce and industry to ban bauxite exports fearing closure of alumina refineries for shortage of the key raw material required to produce alumina. …
JAMMU, Sept 28 (PTI): Threatened by rising rejection and holding up of rice consignments in US due to higher than permissible pesticide residues, the Rs 24,000 crore rice export industry has decided to educate farmers on the issue. The exporters will advice them to adopt good agriculture practice by controlling …
Shrimp farmers and exporters in the State are worried. Japan, one of the major prawn importers, has recently rejected huge consignments claiming them unfit for consumption due to presence of antibiotics. This has come as a bolt from the blue for the shrimp farmers in Odisha who had suffered huge …
New Delhi: A multi-disciplinary investigation has detected a massive fraud by several mining companies by showing transport of iron ore for exports through railways as movement for domestic consumption. The domestic freight charge for iron ore transportation via railways is just one-sixth of the export rates. The fraudulent claim may …
Karnataka Krishi Mission is planning to earmark Rs 150 crore to improve the quality and quantity of seed production in the State. “There is an urgent need to improve the seed production in the State. “The State has consistently failed to meet its own needs. “Hence, a sizeable budget is …
The central government has banned states from allowing sale or export of iron ore by companies granted mining leases for own steel production. “The entire ore produced in the mining operation (of captive mines) shall be used exclusively for own consumption in iron or steel making and cannot be either …
PANJIM: Two days ago, the Manohar Parrikar government went for Rs 200 crore market borrowing, which it says would be utilized for infrastructure development and social sector schemes. The borrowing which is a part of Reserve Bank of India’s essential borrowing scheme is the second for the current financial year. …
However, the move did not have any impact on the JSW stock Amid the alleged irregularities in the allocation of coal blocks taking their toll, on Monday, JSW Steel joined the list of companies whose coal blocks had been deallocated. The block, Gourangdih ABC in West Bengal, had been jointly …
The steel ministry’s strategic advisory body has said that export levels of iron ore need to be lowered to 15-20 per cent from the current 50-55 per cent, in order to safeguard the competitiveness of the domestic steel industry. In its recommendations to the draft National Steel Policy 2012, the …
Days after sending a notice to the Odisha government on September 6, seeking temporary closure of its one million tonne refinery at Lanjigarh, Vedanta Aluminium Ltd (VAL), a unit of London-listed Vedanta Resources Plc has sought ban on bauxite exports from the country. The company is struggling to keep its …
Bangalore The Central Bureau of Investigation (CBI) on Saturday carried out searches at 17 locations across Karnataka and Goa as part of the Supreme Court-ordered probe into the illegal mining and export of iron ore from the state’s Belekeri port. While the residence of some aides of the jailed mining …
15 teams search homes and offices of several exporters, no arrests made so far A week after the Supreme Court ordered for an inquiry by Central Bureau of Investigation (CBI) into the alleged illegal export of 5 million metric tonnes of iron ore from Belekeri port in Karnataka, the CBI …
The Central Bureau of Investigation (CBI) is likely to register a case tomorrow to probe the illegal mining of 5.07 million tonnes of iron ore from forests in Karnataka. The case, being filed on the directions of the Supreme Court, is also likely to probe the role of the state …
Mumbai The mining ban imposed by the state government of Goa is unlikely to have a major impact on the likes of iron miner Sesa Goa as the current quarter is a lean season for mining in the state, analysts said on Tuesday. “Seasonally, Q2 is the weakest quarter for …
