User: anshuman Topic: Mining
Category: Mining
Last updated: Feb 22 2018 21:56 IST RSS 2.0
 
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PM to visit Daman, Surat on Feb 24-25 22.2.2018 General News
Prime Minister Narendra Modi will be visiting Surat in Gujarat and Daman in Union territory of Daman and Diu this weekend to inaugurate various projects and flag off a night marathon. Modil will inaugurate projects worth Rs 1,000 crore in Daman city on February 24 and flag off the marathon in Surat the next day. "On February 24, Modi will lay the foundation stones for projects including a water treatment plant, a gas pipeline, an electric sub-station, a municipal market, a foot bridge among others," S S Yadav, Adviser to Administrator of Daman, Diu and Dadra and Nagar Haveli, said today. The PM will also launch a helicopter service between Daman and Diu, and an Air Odisha flight service connecting Ahmedabad with Diu, he said. Modi will inaugurate anganwadis and schools constructed under the corporate social responsibility (CSR), Yadav said. During his visit to Daman, the prime minister is scheduled to distribute e-rickshaws to women and scooters to differently-abled ...
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Punjab eyes Rs 1,000 cr extra revenue from liquor biz 22.2.2018 General News
Punjab government is looking to raise extra revenue of Rs 1,000 crore from liquor business in the next financial year, state's finance minister Manpreet Singh Badal said today. "We are working with the stakeholders. We are aiming at 20 per cent increase (in revenue from excise). Though the excise policy (for 2018-19) is not yet out, we are hopeful of raising revenue from it," Badal said. "Our focus will be if we can raise extra revenue... between Rs 800-1,000 crore," he said. Punjab had projected revenue generation of Rs 5,422 crore from the state excise for the current fiscal. The revenue from liquor business constitutes almost 14 per cent of state's own tax revenue. The Punjab government had earlier proposed to set up a wholesale liquor corporation for liquor distribution to boost revenue and end monopolistic practices in the liquor trade, which is currently completely controlled by private players in the state. Badal also said the focus of the state budget for 2018-19, which is ...
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Forevermark India partners with 19 Indian jewellers for Oscars 22.2.2018 General News
Forevermark, the diamond brand from The De Beers Group of Companies, has partnered with 19 Indian jewellers to showcase curated pieces from the Red Carpet Collection 2018 for the 90th Academy Awards. "It is an honour to be a part of this prestigious platform and showcase diamond designs from our country's finest Indian jewellers," Forevermark India President Sachin Jain said. ************ Star India onboards 5 new advertisers for IPL * Broadcaster Star India has got five additional brands on board including Amul, Colgate, Parle Products, MakeMyTrip for the Indian Premier League (IPL) taking the total advertisers count to 16. "Advertisers interest in IPL continues to be very high and we are in advanced conversations with a number of other categories and brands which we will close over the next few days," Star Sports Executive vice-president and head of adSales Anil Jayaraj said. Star India will broadcast the IPL matches live in six languages across TV and digital. ...
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Steel sector to see consolidation in FY'19:Ind-Ra 22.2.2018 General News
The steel sector will see consolidation in 2018-19 although some stressed assets may take up to 18 months to maximise capacity utilisation, Ind-Ra said today. A turnaround in these stressed assets along with new capacities ramp-up could meet the incremental demand, assuming import-export levels remain steady, the rating agency said in a statement. "Nevertheless, increasing global trade protectionism could pose risk to exports and put some pressure on the domestic capacity utilisation," it added. In view of the healthy global and domestic demand growth along with ongoing capacity rationalisations in China, the rating agency also revised the outlook on the steel sector to stable for 2018-19 from negative in 2017-18. "The agency has also revised its outlook on rated steel entities to stable...in view of higher cash flow generation and balance sheet deleveraging, supported by healthy margins, moderate capex requirements," the statement said. In another statement, Ind-Ra (India Ratings and
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Coal Sector Denationalized 22.2.2018 Central Chronicle » Editorial
In the year 1973 Prime Minister Mrs.Indira Gandhi in a well guarded secret move nationalized... more »
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Scam-Tainted Bellary Reddy Brothers Reappear to Handle BJP's Backroom Politics 22.2.2018 Top Politics News- News18.com
In the crucial battle for Karnataka, both the BJP and the Reddys are fighting for their survival.
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Vikas WSP consolidates guar gum polymers export business 22.2.2018 General News
The other group company viz.. Vikas Granaries will completely exit from guar gum polymers business and will focus in the field of mining of granite and manufacturing of Proppants (Frac sand) grounded granite stone wastes into coarse mesh powder 20 -40 mesh or 30-50 mesh for use in oil fracturing and drilling in the domestic as well as export markets.
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Cement stocks decline 22.2.2018 General News
Key benchmark indices continued to trade in a small range in negative zone in mid-morning trade. At 11:25 IST, the barometer index, the S&P BSE Sensex, was down 89.91 points or 0.27% at 33,754.95. The Nifty 50 index was down 38.60 points or 0.37% at 10,358.85. Metal and mining stocks saw mixed trend. Cement stocks declined.
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Gupta empire crumbles as Jacob Zuma exits South African presidency 22.2.2018 Business Standard: News Now
The Guptas arrived in South Africa from India in the early 1990s and built up a business empire with interests ranging from mining to pay television
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North Korea’s Emerging Criminal Cyberthreat 22.2.2018 The Wire

North Korea's cyber army is closely controlled by the ruling regime – a key difference from other countries' cyberattack and espionage groups.

The post North Korea’s Emerging Criminal Cyberthreat appeared first on The Wire.

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MARKETS LIVE: Indices open flat ahead of F&O expiry; PSU Banks fall 22.2.2018 Latest News
Catch all the market action here.
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SCCL unfazed by Centre’s new policy 22.2.2018 Hindu: National
Proximity is to advantage of State-owned PSU
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Odisha cabinet approves Rs 912.38 cr piped water projects 21.2.2018 All News-IANS Stories
The Odisha Cabinet on Wednesday approved piped water projects worth Rs 912.38 crore to be implemented in mining-affected areas and other districts.
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OMC to provide bauxite to Vedanta in Odisha 21.2.2018 All News-IANS Stories
The Odisha Cabinet on Wednesday amended a long-term linkage policy to facilitate Vedanta company to source bauxite from the Odisha Mining Corporation (OMC) to run a refinery and smelter plants in the state.
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New Goa policy may shift casinos to 'entertainment zone' 21.2.2018 All News-IANS Stories
The Goa government is drafting a policy, which may eventually lead to relocation of Goa's casinos to an entertainment zone near an upcoming airport project, Public Works Development Sudin Dhavalikar told the Goa Legislative Assembly on Wednesday.
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AITUC, CITU condemn govt decision to allow commercial coal mining by pvt firms 21.2.2018 General News
Central trade unions AITUC and CITU have strongly opposed the government decision to allow commercial coal mining by private firms. The Centre of Indian Trade Unions (CITU) vehemently condemns the decision of the Cabinet Committee on Economic Affairs (CCEA) to open the coal mining sector for commercial mining by private and foreign corporate that too without any restriction on pricing and end-use, a CITU statement said. It said that so long private sector was allowed to mine coal only for captive use in power, cement and steel industry and debarred from selling the coal in market. The union said that such a retrograde decision by the Centre is nothing but a total reversal of the four decade long policy of nationalised coal mining which contributed immensely to industrial development as well as expansion of the power generation capacity in the country, it said. Such opening up of coal mining sector for unhindered exploitation by private and foreign corporate without any restriction on .
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Cancelled mining leases: Goa govt. likely to petition SC 21.2.2018 Hindu: Policy & Issues
Apex court cancelled 88 renewed mining leases on Feb. 7
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Tight supply, rising prices weigh on U.S. home sales 21.2.2018 General News
WASHINGTON (Reuters) - U.S. home sales unexpectedly fell in January, leading to the biggest year-on-year decline in more than three years, as a persistent shortage of houses pushed up prices and kept first-time buyers out of the market.
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Nitish Kumar visits Hiroshima Peace Memorial 21.2.2018 General News
Bihar Chief Minister Nitish Kumar today visited the Hiroshima Peace Memorial and remarked that the site symbolized "enduring human spirit and resilience" while cautioning mankind against the "destructive potential of technology". The Chief Minister, who has been in Japan since Monday, visited the memorial built in the city which was devastated by atomic bombing during the Second World War that had killed and maimed more than one lakh people. "Peace Memorial at Hiroshima exhibits a moment of history frozen in time - a true reminder of the destructive potential of technology but in the same breath it also symbolizes the enduring human spirit and resilience", Kumar wrote in the visitors' book. "I come from the land of Lord Buddha and I quote him 'hatred does not cease by hatred, but only by love, this is the eternal rule", the Bihar Chief Minister said. The state government released here the message written by the CM. "The guiding force of human civilizatio is to hold one .
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Coal Consumers' Association welcome govt move 21.2.2018 General News
The Coal Consumers' Association of India today welcomed the Centre's move to open up the coal sector for commercial mining by private parties. Coal production is likely to be increased in the coming years transforming to a competitive market scenario. The key features of this step are the government has allowed 100 per cent foreign direct investment (FDI) in commercial mining and export of coal as well, the association said in a statement. In a major reform in the coal sector since its nationalisation in 1973, the government yesterday allowed private companies to mine the fossil fuel for commercial use, ending the monopoly of state-owned Coal India Ltd (CIL). Sourcing of the fossil fuel would be easier due to availability of coal and competition; prices are expected to be reasonable, quality would be better, logistics may improve resulting in less environmental impact and consumers would be able to procure coal suited to their requirement, it said. The association said, .
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