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Coal Ministry readies new amnesty scheme for surrender of idle mines

NEW DELHI, Oct. 23 -- In a repeat of the May 2022 amnesty scheme, central and state public sector undertakings would be allowed to surrender non-operational coal mines without forfeiting their bank gu... Read More


Civil Aviation ministry seeks Cabinet nod for GMR takeover of Nagpur airport's operations

New Delhi, Oct. 22 -- With MIHAN India Limited (MIL) and Airports Authority of India (AAI) signing the much-delayed land lease agreement for Nagpur airport, the Union Ministry of Civil Aviation has so... Read More


ONGC eases financial criteria in tenders to accommodate US firms

New Delhi, Oct. 21 -- To accommodate US firms in its procurement tenders, Oil & Natural Gas Corp (ONGC) will allow bidders to submit parent firm's consolidated accounts for assessing their financial c... Read More


Govt plans wider interest support under Export Promotion Mission

New Delhi, Oct. 16 -- With US tariffs escalating trade costs and the current trajectory showing challenges in achieving the $1-trillion export target by 2030, the Commerce Ministry is pushing for a wi... Read More


Govt mulls 'CoalSETU' to boost industrial use

New Delhi, Oct. 15 -- India plans to create a new window for providing coal linkages under the Non-Regulated Sector Linkage Auction Policy to enhance industrial use and exports without end-use restric... Read More


Govt to notify Mineral Oil Rules 2025 to allow all hydrocarbon ops

New Delhi, Oct. 14 -- The Petroleum Ministry has finalised changes to Petroleum & Natural Gas Rules, 1959 that would be now notified as Mineral Oil Rules, 2025 to permit all types of hydrocarbon opera... Read More


Government proposes 50% hike in royalty on limestone produced from captive mines

New Delhi, Oct. 9 -- More than a decade after it was last revised, the Centre is pushing for a 50 per cent raise in the royalty on limestone produced from captive mines while leaving the royalty rates... Read More


Govt plans to redefine LMV under Motor Vehicles Act to ease burden on insurers

New Delhi, Oct. 7 -- In a reprieve for insurance firms that are forced to pay compensation in accidents involving light motor vehicle (LMV) license holders driving transport vehicles, the government p... Read More


Govt plans royalty relief for SAIL, RINL on low-grade ore

New Delhi, Oct. 6 -- Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) are headed for a double bonanza as the government plans to slash royalty on beneficiated low-grade iron or... Read More


Govt mulling to set up coal trading exchanges

New Delhi, Oct. 5 -- With stakeholders consultation over, the Ministry of Coal has submitted its proposal to the Cabinet for setting up coal trading exchanges in the country through an amendment in th... Read More