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 …
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 …
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 …
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 …
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 …
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 …
New Delhi: The Supreme Court on Thursday asked the Centre to explain whether exempting the Russian manufacturer of Kudankulam Nuclear Power Plant’s reactor could adversely cost India’s exchequer and tax payers in the event of a tragedy taking place because of faulty reactor. This comment came from a bench of …
Mining operations in all the 90 mines in Goa were on Friday ordered to be halted by the Supreme Court on the basis of the Justice M.B. Shah Commission report which estimated a whopping Rs.35,000 crore to the exchequer due to illegal mining in the last 12 years. Mining companies …
A Supreme Court order on drug price control on Wednesday has caused confusion with some interpreting it to mean the retention of cost-based pricing which will help patients. The apex court on Wednesday asked the government not to alter the existing drug price structure, sparking speculation about the impact of …
The Supreme Court on Thursday ordered iron ore mining in six leases in Andhra Pradesh’s Anantapur district to be stopped due to a pending inter-state border survey. The court’s forest bench, which is hearing cases on illegal mining, said mining operations and transportation of ore from the six leases should …
The Supreme Court on Thursday agreed to hear a review petition filed by the Union government contending that it was not heard before the court passed a judgment in 2010, with regard to allocation of mining leases. The court had directed the Karnataka government to consider applications from companies to …
New Delhi The Supreme Court on Thursday decided to reopen its 2010 judgment that had ruled against granting of mining lease to JSW Steel and Kalyani Steel in Karnataka. The reopening of the case gives some hope to these companies which are keen to do mining of iron and manganese …
Category B leases were found to have done illegal mining outside the sanctioned areas up to 10% of the lease areas The Supreme Court of India has directed 63 Category B mining leases in Karnataka to pay compensation for illegal mining outside the sanctioned area before allowing them to restart …
“Any agreement in violation of statute or law is void,” says Bench The Supreme Court on Thursday asked the Union government to explain whether an agreement with Russia to waive civil liability in case of an accident at the Kudankulam nuclear power plant would have an impact on the exchequer. …
Goa followed Karnataka on Friday when the Supreme Court imposed a complete ban on the mining activities as well as transportation of iron and manganese ore in the state till further orders. A Forest Bench led by Justice Aftab Alam, which had in a separate matter put a ban on …
The Orissa Mining Corporation (OMC) on Friday assailed the action of former Union environment minister Jairam Ramesh in cancelling the approval granted to the state-owned company for bauxite mining in the Niyamgiri hills of impoverished Kalahandi district. OMC’s counsel told the ‘green bench’ of the Supreme Court that the minister …
New Delhi: The Supreme Court on Friday imposed a complete ban on mining activities in all the 90 mines in Goa as well as the transportation of iron and manganese ores till further orders. Goa is the country's second-biggest iron-ore producer—with an output of more than 50 million tonnes—and exports …
JAIPUR: The recommendation of the Supreme Court-appointed Central Empowered Committee (CEC) to increase safety zones (eco-sensitive zones) around wildlife sanctuaries and national parks from 100 meters to 2 km from the park's boundary has not come as a shock. Given the current scenario, this would not make any difference. The …
Apex court guidelines on forest clearance violated Bandipora: In a brazen violation to the Supreme Court (SC) guidelines, a private company in league with the Border Roads Organizations (BRO) project Beacon's officials and forest department has set up a stone crusher in the dense forests of Bandipora. The Company is …
Mumbai London-listed Vedanta’s iron ore mining arm in India, Sesa Goa, is likely to produce only a third of its fiscal 2012-13 production target of 15 million tonne from Goa as the company faces a lengthy spell of non-production in the state. In September, the Goa government first announced a …
PANAJI, 11 OCT: Uncertainty over revival of mining activity in Goa in near future is forcing barge operators to scout for new locations outside the state. This is evident from the steady flow of applications the department of ports, which is authorised to register and regulate vessels, is receiving from …
