at the very Core of it all … is Content!
The Mines and Minerals (Development and Regulation) Amendment Act, 2010 has been notified in Gazette of India (Extraordinary) on 9th September, 2010 to provide for grant of reconnaissance permit, prospecting license or mining lease in respect of an area containing coal and lignite through auction by competitive bidding, on such terms and conditions as may …
In pursuance of the announcement of the Finance Minister in the budget speech for the year 2012-13, an Inter-Ministerial Group (IMG) headed by Additional Secretary, Ministry of Coal has been constituted on 21.06.2012 to undertake periodic review of the development of coal / lignite blocks allotted by the Government. The terms of reference (TOR) of …
Shri Praful Patel, Minister for Heavy Industries and Public Enterprises addressed the National Conference on Emerging Opportunities for the Capital Goods Industry organised by Confederation of Indian Industry (CII), here today. The minister said that strengthening of manufacturing sector, particularly the capital goods sector would bring down the heavy dependence on imports. “Look at the …
The Supreme Court has acknowledged that dieselisation of cars needs to be addressed with effective tax measures The Court has sought a report on the status of public transport New Delhi, November 26, 2012: Centre for Science and Environment (CSE) has welcomed a proposal to tax diesel cars. The proposal — mooted in the Supreme …
Nuremberg, 26 November 2012 – A varied picture emerges of the mood among consumers in Germany in November. While economic expectations improved slightly, both income expectations and willingness to buy dropped. Following a revised value of 6.1 points in November, the overall indicator is forecasting 5.9 points for December. As a result of the European …
The Minister of Steel, Shri Beni Prasad Verma has said that Steel is a de-regulated sector and Memorandum of Understanding (MoU) is purely an understanding between the concerned State Government and the respective steel investors. Ministry of Steel does not monitor the progress of MoUs. As per the available information in the Ministry of Steel, …
The Minister of Steel, Shri Beni Prasad Verma has said that according to global rankings released by the World Steel Association (WSA), India was the 4th largest crude steel producer in the world in 2010, 2011 as also during January – September 2012. The details of global rankings of producers in terms of crude steel production …
As per extant FDI policy, FDI, up to 26% is permitted, in the defence sector, with prior Government approval. Government has, further, interalia announced the following decisions:- (i) Amendment of certain conditions relating to FDI, up to 100%, in single brand retail trading, vide Press Note No. 4(2012 Series) dated 20.9.2012 (ii) Permitting FDI, up …
Vide Press Note 4 (2012 series) issued on 20.09.2012 certain conditions relating to FDI in single brand product retail trading have been amended. The amended policy, inter-alia, includes the following condition in respect of proposals involving FDI beyond 51% in single brand product retail trading:- “In respect of proposals involving FDI beyond 51%, sourcing of …
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has been appointed by Petroleum Geo-Services (PGS) to support a key marine seismic survey project in Greece. Under the three month research project, ISS Greece will provide marine services to the survey vessel ‘Nordic Explorer’ and two smaller support vessels as they work along the …