The 8:1 verdict provides clarity on a long-standing issue related to the legal framework governing mining royalties, highlights distinction between royalty and tax.
Ministry of Mines has also announched launch of 4th tranche of auction of 21 critical and strategic minerals blocks spread over 8 states & valued at an estimated Rs 83,000 crore.
Carlsberg Ridge & Afanasy-Nikitin Seamount in Indian Ocean are of New Delhi's interest for which it has submitted applications for exploration to International Seabed Authority.
Court also issued directions to Archaeological Survey of India to file report on protected monument’s deficiencies and steps initiated to maintain it. Next hearing on 9 July.
In application to SC, Federation of Indian Mineral Industries describes unauthorised mining operations prevalent in Karnataka decade ago as 'extraordinary situation' that no longer exist.
From mobile phones to e-vehicles, all modern tech dependent on critical minerals. Bidding to likely be completed within a month. J&K's 5.9 mn tonne lithium reserve could be on auction list.
State officials say stoppage of mechanised riverbed mining has led to accumulation of sediment in rivers, leading to flooding. Expert panel now studying riverbed to make policy.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
India exited the Indo-Russian FGFA programme in 2018. But now it might procure at least 2 squadrons of Su-57 aircraft from Russia and evaluate Russian proposal to manufacture them in India.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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