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Mines Tribunal verdict on excess lifting
The Mines Tribunal, set up under the Ministry of Mines of Central government, has completed hearing in the excess mineral lifting case, filed by Gandhamardana Sponge Iron Ltd (GSIL) and is expected to pronounce the judgement in this regard soon. The judgement will be closed watched by industries in the mining sector as it will determine whether the action taken by the government Orissa on excess lifting

Metals: Q3 to be mixed bag
Earnings of most metal firms to remain weak, on falling prices and forex losses.

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Domestic copper smelters to gain from falling rupee

In a significant boost to Indian copper smelters, treatment and refining charges (Tc/Rc) are settled 12.4 per cent higher for the next year. Domestic copper producers, including Hindalco Industries

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Logistics behind Rs 9K-cr-a-yr loss
Chew over this: The mineral sector’s revenue losses is enough to fund the annual cost of transporting subsidised foodgrains as proposed under the Food Security Bill.

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Mining revenue up 41 per cent in Apr-Oct

Mining revenue collection in Orissa has surged 41.15 per cent in the April-October period to reach Rs 2497.88 crore compared to Rs 1769.62 crore in the corresponding period of last fiscal. The revenue

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N Chandra Mohan: Shortages in a labour-surplus economy

Although India is a labour-surplus economy – with an unlimited number of workers willing to work at a subsistence wage – a paradoxical feature of the labour market is the rising

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