Cabinet approves royalty rates for mining of 12 critical minerals
The government has now decided to specify a reasonable royalty rate of 2-4% on these minerals.
mines
February 2024
November 2023
July 2023
November 2021
July 2021
Govt to auction strategic mineral blocks tomorrow
The concentration of extraction or processing of such minerals in a few countries may lead to supply chain vulnerabilities, says Ministry of Mines.
India amends rules to open lithium mining to private players
One of the major reforms proposed in the Bill is the removal of "lithium-bearing minerals" from a prohibited list.
April–Sept FY22 capex up 22% from pre-Covid level
Capital expenditure at ₹2,29,351 crore during April-September against annual target of ₹5.54 lakh crore; commerce, mines and steel lead infra push.
SBI loan to Adani’s Australia coal project stuck
State Bank of India's ₹5,000 crore loan to Adani’s Carmichael coal project is stuck. Exposure is subject to approval from local government, says SBI chairman Dinesh Khara to Fortune India.
