Page 5 - Mining Sector

Coronavirus outbreak: A 21-day lockdown may have cost India Rs 8 trillion

The sectors that have been most impacted are transport, hospitality, and real estate

Budget 2020 dashes hopes of mining sector with no reforms or duty cuts

India's low grade bauxite have become unviable for the producers in international trade

Mining sector's GDP share sees decline due to disruptions in Goa, Karnataka

Closure of mines and disruptions due to changes in legislations has thrown the sector out of gear, curtailing production and endangering jobs

Opening up mining

Removal of end-use restrictions is a major step forward

Taking steps to develop mining sector, formulating new mineral policy: Govt

The central government has also amended the Mineral Conservation and Development Rules, 2017, said Union Mines Minister Pralhad Joshi

India's mining sector needs a strong push

India has not been able to utilise its mineral wealth

Here's why cut in corporate taxes failed to cheer the mining sector

Fimi feels even after the govt slashed the corporate tax rates, the taxation rate is still steep for the mining sector

Karnataka govt cancels NMDC lease for Donimalai mine, opts for auction

The move also creates uncertainty for future mining renewal in Chhattisgarh, where most of the mines are due for renewal in March 2020

Mining sector GVA to slow down to 2% in FY19 from 2.9% in FY18: Icra

Y-o-Y growth in coal output has stayed volatile, falling from 9.7% in July 2018 to a lowly 2.5% in August

Industry want flexibility in mineral use under end-use auction

In June, the Chhattisgarh govt informed the Union mines ministry that it had identified 11 mines for auction during 2017-18

Mineral conclave to focus on exploration policy, raw material scenario

The country's multi-billion dollar mining industry is facing tough challenges amid the weak global commodity market