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One More Coking Coal Mine Auctioned on Third Day of Auctions On third day of auctions under 9th round and 8th round of commercial coal mine auctions, 1 mine was put up for auction. The coal mine is partially explored coking coal mine. The total geological reserve for the coal mine is 200 Million Tonnes. Including today’s auction, a total of 4 coking coal mines have ...

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Competition Commission of India notifies three distinct regulations on determination of turnover, settlement, commitment and penalty guidelines in relation to an enterprise

The Competition Commission of India (CCI) has notified three regulations viz. THE CCI (SETTLEMENT) REGULATIONS, 2024; THE CCI (COMMITMENT) REGULATIONS, 2024; THE CCI (DETERMINATION OF TURNOVER OR INCOME) REGULATIONS, 2024 and THE CCI (DETERMINATION OF MONETARY PENALTY) GUIDELINES, 2024 on 06.03.2024. These regulations and guidelines were issued pursuant to the Competition (Amendment) Act, 2023, and subsequent notification of sections 20, 35 & 40 of the Competition ...

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DoT initiates Spectrum Auction to augment the existing telecom services and maintain continuity of services Issues Notice Inviting Applications today to this effect

Department of Telecom (DoT) has initiated the Spectrum Auction to augment the existing telecom services and maintain continuity of services. DoT issued Notice Inviting Applications (NIA) today (08.03.2024) to this effect. The Government of India under the leadership of Prime Minister Shri Narendra Modi is committed to provide affordable, state-of-art high quality telecom services to all the citizens. Highlights of ...

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CIL Achieves Record Coal Production of 703.91 MT up to 7th March 2024

The Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes (MT) of coal up to 7th March 2024 during the current fiscal, surpassing last financial year’s production of 703.20 MT by an impressive margin of 24 days. Additionally, CIL maintains an ample coal stock of 72.70 MT as of 7th March 2024. To enhance domestic coal production, the ...

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Launch of Exploration Licence for Critical and Deep Seated Minerals by the States of Karnataka and Rajasthan – A First in the Country

Karnataka and Rajasthan launched auction of Exploration Licence (EL) for critical and deep seated minerals on 06.03.2024. Exploration Licence blocks are being auctioned for the first time in the country. Karnataka launched auction of one block of Gold, Copper and Lithium and Rajasthan launched auction of three blocks of Rare Earth Elements, Rare Metal and Potash minerals. The Mines and Minerals ...

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ChipIN, the one-stop centre for chip designers across the country, gets fillip with support from semiconductor industry leaders

“This is a huge opportunity for current and budding entrepreneurs from Trivandrum and Kerala, to be at the starting line of designing and reimagining the systems, devices and products of tomorrow. Inline with the vision of Hon’ble Prime Minister – Shri Narendra Modi Ji’s of India being a semicon hub for the world, we believe that the future is not only about ...

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Cabinet Approves Over Rs 10,300 Crore for IndiaAI Mission, will Empower AI Startups and Expand Compute Infrastructure Access

The Cabinet has approved an allocation of over Rs 10,300 crore for the IndiaAI Mission today, marking a significant step towards bolstering India’s AI ecosystem. This substantial financial infusion, slated over the next five years, is poised to catalyse various components of the IndiaAI Mission, including pivotal initiatives like the IndiaAI Compute Capacity, IndiaAI Innovation Centre (IAIC), IndiaAI Datasets Platform, ...

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Financial assistance under ‘Tea Development & Promotion Scheme’ increases by 82% from Rs. 290.81 crores to Rs.528.97 crore for 2024-25 and 2025-26

The financial assistance for the Tea sector under the ‘Tea Development & Promotion Scheme’ has been increased by 82% from Rs. 290.81 crores to Rs.528.97 crore for the next 2 financial years (2024-25 and 2025-26). A range of incentives are planned to be provided to small tea growers by mobilizing them into SHGs and FPOs. Setting up of 800 SHGs ...

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“Empowering Pharmaceutical Industry: TDB supports M/s Alchem Synthon for cutting-edge chemical production facility”

In a significant stride towards fortifying indigenous manufacturing capabilities and fostering innovation in the pharmaceutical sector, the Technology Development Board (TDB) has entered into an agreement with M/s Alchem Synthon Pvt. Ltd., Mumbai. The board will provide a loan assistance of ₹8.6 crores out of the total project cost of ₹19.01 crores for the “Development and Commercialization of Advanced Pharmaceutical ...

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Make in India not only for India but for the world: Power and New & Renewable Energy Minister Shri R. K. Singh exhorts manufacturing industry

The Union Minister for Power and New & Renewable Energy Shri R. K. Singh has exhorted the Indian manufacturing industry to embrace the challenge of being able to compete globally, to make in India not only for India but for the world. The Minister said this, while addressing the 2nd edition of The Times Group WorldWide Media Festival of Manufacturing 2024, ...

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