A fragmented state-wise levy on minerals may negatively impression downstream industries

The latest Supreme Courtroom verdict ruling that the central authorities can not limit the powers of the state to resolve the charges of royalties on minerals won’t have an effect on authorities of India’s revenues, the union Finance Secretary, Dr T V Somanathan mentioned immediately. Responding to a query raised by N Ram, Director of … Read more

India steps up essential mineral acquisition plans in Africa, difficult China’s dominance

India is trying to ramp-up its essential mineral play in Africa because it keys useful resource securitisation and an upsetting of the Chinese language apple-cart within the area. There are MoUs in place with at the least eight African nations for mining collaborations together with entry to sources. Nations embrace South Africa, Mozambique, Congo, Tanzania, … Read more

India auctioned 354 mineral blocks in 9 years, working to securing vital minerals by way of worldwide partnerships: Pralhad Joshi

India has auctioned 354 mineral blocks in 9 years, out of which 70 per cent had been auctioned within the final three years, Union Mines Minister, Pralhad Joshi mentioned on Tuesday.  Additionally learn:4th tranche of vital mineral public sale probably submit polls; Blended response for 1st tranche In a submit on X (previously Twitter), the … Read more