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 …
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 …
Mines in the western Indian state of Goa were ordered to close on Tuesday after a government-backed inquiry estimated illegal trade in iron ore had cost more than $6.0 billion in five years. The state Mines and Geology department directed in a notice that all mines suspend their operations until …
The Supreme Court will start proceedings in the case against some companies involved in the illegal transportation and export of iron and manganese ore from Belekeri Port near Karwar on Friday. Founder chairman of National Committee for Protection of Natural Resources (NCPNR) S R Hiremath stated that during the proceedings, …
Supreme court order of illegal extraction of about 50.79 lakh MT of iron ore from the forest areas of Karnataka during the period January 1, 2009 to May 31, 2010, the illegal transport of the aforesaid quantity of iron ore from the area(s) of extraction to Belekeri Port and from …
Central Empowered Committee report (supplementary) dated 5th September, 2012 of the CEC regarding alleged illegal export of iron ore from Belekeri port and associated issues.
The Department of Environment yesterday penalised the owner of an illegal leather gloves factory in Ashulia with a Tk 37 lakh fine. Huiju Beijing Gloves Co Ltd, owned by a Hong Kong national, has been in full operation for the past one year without having obtained the necessary environmental clearance …
