Shares of German panel-makers zoom, Beijing calls for dialogue

The European Commission agreed to impose punitive import duties on solar panels from China in a move to guard against what it sees as dumping of cheap goods in Europe, prompting a cautious response from Beijing which called for further dialogue. EU commissioners backed EU trade chief Karel De Gucht’s proposal to levy the provisional duties by June 6 and make Chinese solar exports less attractive, two officials said.

Seeking modifications to the Supreme Court’s last year's order imposing blanket ban on mining in Goa, iron ore producer Sesa Goa on Tuesday requested for permission to transport, sale and export 4.

PANJIM: The Goa Legislative Assembly unanimously passed a resolution on Thursday, with both Ruling and Opposition MLAs, unitedly urging the Central government to step in for providing financial relief for the mining dependent people of Goa and resume legal mining.

The resolution, which was moved by Chief Minister Manohar Parrikar urged the Centre to provide a financial package for rehabilitation of the people affected due to suspension of mining activities since September 2012. The resolution also urged the Centre to start legal mining while assuring that each mine will be ‘perfectly checked’ before allowing it to start.

The Punjab Government is considering reducing taxes on both wheat and basmati in certain thrust areas to make diversification a reality in the state besides giving a fillip to the food processing industry.

Sources said the Food Processing Department had made a proposal for doing away with a majority of the taxes on durum wheat and basmati meant for export and processing purposes.

Category B mines allowed to resume mining subject to necessary clearances

The forest bench of the Supreme Court has accepted all the reports submitted periodically by the Central Empowered Committee (CEC) regarding the mining in Karnataka. As per the CEC reports, Category B mines will be allowed to restart mining subject to necessary statutory clearances. Already, the apex court has approved 18 Category A mines, of which 7 mines have started mining.

Samples exceeded the US FDA provisional total tolerable intake levels

PANJIM: State has approximately two billion tonnes of iron ore reserves, Chief Minister Manohar Parrikar told the State Legislative Assembly on Wednesday, and assured that he would carry out an estimate of the exact quantity of ore lying in all mining leases in Goa.

Justifying the government’s decision to impose stamp duty on renewal of mining lease, Parrikar said that ‘government is trying to recover the amount lost by the State in form of lease amount, dumps, etc over the years. He, however, clarified that signing of lease agreement does not allow any firm to carry out mining, unless it has all required documents.

Homegrown Amul brand is all set to touch the US $ 4 billion mark.