Page 7 - Nitin Kumar

India's critical minerals: EV boom ahead, but policy gaps persist

The Centre has also extended the concessional Customs duty of 5 per cent on Li-ion cells until March 2026

Budget 2024: India promises safe harbour rates for diamond industry

With over 90 per cent of the world's diamonds being processed in India, primarily in the city of Surat, the sector is renowned for its skilled workforce and intricate craftsmanship

Coal India forays into critical mineral mining in Madhya Pradesh

CIL won the bid by quoting a mining premium of 150.05 per cent of the value of the mineral dispatch, which it will pay to the State of Madhya Pradesh

Eco survey advocates traditional climate plan and 3Rs for net-zero target

Mission LiFE seeks to promote sustainable lifestyles through mindful utilisation of resources, minimisation of waste, and adoption of green choices

Centre expands area limits by over 4x to boost critical minerals mining

The move comes after the Centre faced a setback in its initial auction of critical mineral blocks earlier this year

FAME-III to be implemented soon, final plan ready: HD Kumaraswamy

The second phase of the ambitious Rs 11,500 crore scheme ended on March 31. The scheme incentivised more than 1.6 million vehicles since its launch in April 2019

EV ride-hailing service provider BluSmart raises $24 million in funding

BluSmart has raised $109 million across its seed and Series A rounds to date

Centre plans to expand area limits to boost critical minerals mining

Shift aims to address challenges associated with mining critical minerals

Deeply committed to reforms; pained by EV sales drop: Piyush Goyal

Sales of EVs during April-June contracted 7 per cent year-on-year to 346,024 units, data from the Ministry of Road Transport and Highways' VAHAN portal showed

State-owned Coal India firms up gasification plans in tie-up with BHEL

In May 2024, CIL and Bhel joined hands to set up BCGCL as a joint venture. CIL holds 51 per cent stake while Bhel has 49 per cent

EMPS 2024: OEMs can claim incentives twice a month, Aadhaar mandatory

EMPS, which replaced FAME, struggles to take off, just 3.6% target met

Centre releases draft guidelines for 'responsible and sustainable' mining

Dated July 2, these rules provide a framework for preparation and approval of exploration and production plans

Centre likely to roll out electric vehicle policy guidelines by Sept-end

Plan includes provisions for reduced duties on imported cars contingent on committed funding

Rs 500-crore EMPS 2024: Only 3.6% vehicle sales target achieved so far

The decrease in participation in the scheme has led to low sales numbers for the EV industry, which had been experiencing sustained growth since the launch of FAME in 2015

India plans geological mapping and mineral exploration in Zambia

India seeks to access African nation's critical minerals to diversify its supply chain and strengthen bilateral ties

Electric vehicle scheme norms to be rolled out soon, but no Tesla update

Fund issues may have come in way of EV major's plan

Centre amends CMVR to allow registration of convertible vehicles

This new category can be a three-wheeler or two-wheeler interchangeably

EV sales drop 14% to 106,081 units in June, signalling challenges ahead

Sector experts suggest that the sharp decline could be due to a combination of factors such as changes in government policies and customers shifting interest towards hybrids

Centre to issue mineral exploration rights, takes the task away from states

Delays in state approval of NPEA exploration projects and funding disbursement through state channels prompted the introduction of the new scheme

World Bank approves $1.5 bn loan to support India's green hydrogen push

This is the second round of funding from the World Bank towards India's green energy push