The Indian mining industry is unimpressed by the government’s recent cuts in corporate tax rate and lofty pronouncement of increasing mineral output by 200% over the next seven years.
The Federation of Indian Mineral Industries (FIMI) said that despit…
Indian government measures disappointed mining industry Read More »
Though early days, it appears India’s proclivity for coal for generating electricity may be easing. The government of the central state of Chhattisgarh, with one-third of the country’s coal reserves, has declared that it would not approve any new coal-…
India showing signs of lower coal proclivity for power projects Read More »
ndia is keen to ship in higher volumes of liquefied natural gas (LNG) from Australia, but at the same time, the country has indicated that higher imports will be dependent on renegotiating existing long-term contracts to better reflect the fall in spo…
India keen to up Australian LNG imports, but seeks to renegotiate contracts Read More »
ndia is keen to ship in higher volumes of liquefied natural gas (LNG) from Australia, but at the same time, the country has indicated that higher imports will be dependent on renegotiating existing long-term contracts to better reflect the fall in spo…
Indian keen to up Australian LNG imports, but seeks to renegotiate contracts Read More »
India’s Mines Ministry on Tuesday permitted State-run steel producer, Steel Authority of India Limited (SAIL), to sell 25% of the iron-ore it produced in the previous year from its captive mines on the open market. The move by the Mines Ministry is aim…
India’s SAIL permitted free merchant sale of iron-ore from its captive mines Read More »
State-run miner Coal India Limited (CIL), which accounts for more than 80% of domestic supplies of dry fuel, has called for the establishment of a coal industry regulator, following the government’s decision to permit 100% foreign direct investment in …
Coal India seeks national industry regulator Read More »
Soon after claiming “chaos in the Indian mining industry”, Federation of Indian Mineral Industries (FIMI) has sought the intervention of Prime Minister Narendra Modi to revive growth and job creation potential in the sector and reverse the present fall…
The Indian government is expected to approve a national gas trading hub within the next two months. Sources say that sector regulator, the Petroleum and Natural Gas Regulatory Board, has finalised draft rules for operation of the gas trading hub and th…
Indian govt likely to approve national gas trading hub within next two months Read More »
Trade unions representing workers in the Indian coal mining industry have announced a strike for September 24, to protest the recent government decision to allow 100% foreign direct investment in domestic commercial coal mining. The day-long strike, an…
Indian unions call strike to protest FDI in coal industry Read More »
The Indian mining industry is in chaos and instead of realising the industry’s potential to generate employment, it is suffering massive job losses and struggling to create new employment, the apex industry body says. The Federation of Indian Mineral I…
Indian mining sector in chaos – FIMI Read More »
