Page 2 - Natural Resources

Vedanta sees multifold jump in second quarter profit to Rs 4,615 cr

Vedanta Ltd on Friday reported a multifold jump in consolidated net profit to Rs 4,615 crore for the quarter ended September 30, 2021. The company had posted a consolidated net profit of Rs 838 crore in the year-ago period, Vedanta Ltd said in a filing to the BSE. Its consolidated income during July-September 2021 increased to Rs 31,074 crore, compared with Rs 21,758 crore in the year-ago period. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading oil & gas and metals companies. It has significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa, Namibia, and Australia.

Navy outlines plan to quadruple India's blue economy by the year 2050

Ocean-based trade currently contributes about 4 per cent of India's Gross Domestic Product

Best of BS Opinion: The missing MPC, biodiversity loss, and more

Here's a selection of Business Standard opinion pieces for the day

Biodiversity loss

Business-as-usual will jeopardise sustainable development

Will look into feasibility of exploring resources without licence: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Monday said that the state government will look into the feasibility of exploration of natural resources, including silver, without a licence

How the SC order on use of natural resources could muffle investments

If a resource has become useful only because someone has improved it through an investment, there should be no reason not to let that addition be counted and the valuation determined accordingly

Global resource consumption at 100 bn tonnes for 1st time, recycling falls

Global use of materials is projected to balloon to 170-184 billion tonnes by mid-century, the report said.

Humans will exhaust all of natural resources for 2019 by Monday: Report

The equivalent of 1.75 planets would be required to produce enough to meet humanity's needs at current consumption rates

Sharp rally in resource commodities in 2019 on hopes of China demand

Price spurt gets support from dovish outlook by US Federal Reserve, other central banks pm monetary policy and hopes of US-China trade war resolving

Resource efficiency a commercial imperative: S Ramadorai

'We have to make the best possible use of resources available to us on Earth'