Gross Direct Tax Collection Figures for April-November 2012-13 Up by 7.14 Percent at Rs. 3,25,696 Crore as Against Rs. 3,04,002 Crore in the Same Period Last Year

Gross direct tax collections during April-November of the Financial Year 2012-13 was up by 7.14 percent at Rs. 3,25,696 crore as against Rs. 3,04,002 crore in the same period last year. While gross collection of corporate taxes showed an increase of 3.00 percent and stood at Rs. 2,05,301 crore as against Rs. 1,99,317 crore during …

India’s Foreign Trade: November 2012

EXPORTS (including re-exports)             Exports during November, 2012 were valued at US $ 22299.63 million (Rs. 122148.03 crore) which was 4.17 per cent lower in Dollar terms (3.22 per cent higher in Rupee terms) than the level of US $ 23269.71 million (Rs. 118341.35 crore) during November, 2011. Cumulative value of exports for the period April-November 2012 -13 …

Coal Mines Abroad

From the energy security point of view Government has encouraged acquisition of coal assets abroad. Accordingly, Coal India Limited (CIL) has taken initiatives to acquire coal assets abroad through its Coal Videsh Division. CIL has been granted prospecting licenses by the Government of Mozambique for two coal blocks in Tete Province, Mozambique. CIL has also …

Master Plan for Jharia Coal Mines

At the time of Nationalisation of coal mines, 78 fires were reported from Jharia Coalfields (JCF), out of which 11 locations are dormant; 10 extinguished and rest 57 locations are active and in Raniganj Coalfields (RCF) 7 fires were reported. The fires in Raniganj Coalfields in underground coal mines worked by erstwhile mine owners at …

My second book out today – Chawm Ganguly

My second book is out today. This one is a step by step guide to holding / organizing conferences. If interested, you can place your order by email : sparrowpublication@gmail.com; sparrowpublication@yahoo.com. Free home delivery anywhere in India. The book costs INR150. Published by Sparrow Publications, Kolkata.

Third Siemens continuous slab caster goes into operation at Dragon Steel

Siemens VAI Metals Technologies put a new continuous casting plant into operation in August at the Taiwanese steelmaker Dragon Steel Co. The two-strand caster was installed at the Taichung, Taiwan location and is designed to produce approximately two million tons of slabs made of carbon and micro-alloyed steels annually for high-quality flat-rolled products. Previously, two …

Regulation of Extraction of Groundwater

The Prime Minister, in his speech at the inaugural ceremony of India Water Week on April 10, 2012 while expressing concern over the scarcity of water in the Country, had indicated that the present legal situation gives every land holder the right to pump unlimited quantities of water from a bore well on his own …

Investment in Steel Sector

The Minister of Steel, Shri Beni Prasad Verma has said that Steel is a deregulated sector.  The role of Government is that of a facilitator.  The Government promotes /encourages growth of steel industry through suitable policy measures based on its assessment of industry performance.  As far as the setting up of steel investment projects is concerned, the size …