Indian Industry Plus A Pratisrutiplus Suppliment

The Ministry of Coal has received an overwhelming response for the coal mines offered under the 10th round of commercial coal mine auctions, with a total of 44 bids submitted in physical form. The substantial number of bids underscores the continued interest and participation from stakeholders in India’s evolving coal sector. The 10th round of auctions, launched by the Ministry ...

India will soon wear a grand necklace of Industrial Smart Cities as in a landmark decision today, the Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs. 28,602 crore. This move is set to transform the ...

The Department of Economic Affairs, Ministry of Finance, has amended the Securities Contracts Regulation Rules (SCRR), 1956 to ease the listing requirements for Indian companies seeking to list on international exchanges within International Financial Service Centres (IFSCs) at par with global standards. ‘Direct Listing of Equity Shares of Companies Incorporated in India on International Exchanges Scheme’ under the Foreign Exchange ...

In its relentless pursuit to transform India’s coal sector, the union government is spearheading a comprehensive strategy aimed at fast-tracking infrastructure development and fostering collaboration among key stakeholders. This initiative is a cornerstone in the Ministry’s vision to position India as a global leader in sustainable coal production and logistics, aligning with the broader goal of a prosperous and developed ...

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.04% (Provisional) for the month of July, 2024 (over July, 2023). Positive rate of inflation in July, 2024 is primarily due to increase in prices of food articles, manufacture of food products, mineral oils, crude petroleum & natural gas, other manufacturing etc. The index numbers ...

India’s total exports (Merchandise and Services combined) for July 2024* is estimated at USD 62.42 Billion, registering a positive growth of 2.81 percent vis-à-vis July 2023.Total imports (Merchandise and Services combined) for July 2024* is estimated at USD 72.03 Billion, registering a positive growth of 7.14 percent vis-à-vis July 2023.   Table 1: Trade during July 2024*     July ...

Year-wise quantity and value of import of top ten major minerals (which account for over 97% of import value of major minerals) from FY 2018-19 to FY 2023-24 are given at Annexure. State-wise trade data is not maintained. Export/ Import data is available product/ country/ period wise. Exploration activities for various mineral commodities, which includes pitting, trenching and drilling, are ...

The Central Government has amended the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957 through the MMDR Amendment Act, 2023, whereby Central Government has been empowered to auction 24 critical and strategic minerals in part D to the Schedule-I of the MMDR Act, 1957. So far, 14 critical mineral blocks have been successfully auctioned having minerals viz., Lithium, REE, ...

The combined Index of Eight Core Industries (ICI) increased by 4.0per cent (provisional) in June, 2024 as compared to the Index in June, 2023. The production of Coal, Electricity, Natural Gas, Steel, Fertilizer sand Cement recorded positive growth in June 2024. The details of annual indices, monthly indices and growth rates are provided at Annex I and Annex II. The ICI ...

The Central Government has taken up several initiatives for promoting exploration and mining of Critical Minerals in the country. The Mines and Minerals (Development and Regulation) Act, 1957, has been amended in 2023 to empower Central Government to auction blocks in respect of 24 critical and strategic minerals. So far 14 blocks have been successfully auctioned. In order to promote ...