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News

@bsindia
business-standard.com-standard.com

KABIL expects to start lithium production in Argentina in 4-5 years

1+ hour, 47+ min ago   (277+ words) India's state-owned Khanij Bidesh India Limited (KABIL) is expected to start lithium extraction in Argentina in ​the next four to five years after completing project ​feasibility, a parliamentary panel report on its operations said. In 2024, ‌KABIL signed a 2 billion-rupee ($20.92 million)…...

@bsindia
business-standard.com-standard.com

States to retain 90% of mining-related payments after MMDR Bill: Centre

3+ day, 10+ hour ago   (320+ words) Business Standard The Centre on Friday said states would continue to receive around 90 per cent of total taxes and statutory payments from mining operations even after the implementation of the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, as it…...

@bsindia
business-standard.com-standard.com

BS EDIT: Mining reform, federalism at risk

3+ day, 10+ hour ago   (128+ words) The amendments seek predictable mining rules but curb states’ power to impose levies on mineral rights and mineral-bearing land The move follows a 2024 Supreme Court ruling affirming states’ power to tax mineral rights, while allowing Parliament to limit that power…...

@bsindia
business-standard.com-standard.com

Best of BS Opinion: Mining reforms risk undermining fiscal federalism

3+ day, 13+ hour ago   (294+ words) Best of BS Opinion examines mining reforms and fiscal federalism, India's caregiving needs, bank board governance, urbanisation challenges and lessons in crisis leadership. Hello, and welcome to the Best of BS Opinion, our wrap of the day's Opinion page Creating…...

@bsindia
business-standard.com-standard.com

Mining an opportunity: New Bill prioritises business over states' rights

3+ day, 22+ hour ago   (139+ words) The amendment enables the Centre to confer upon itself the sole authority to control mines and mineral development in the country Amendments passed by Parliament to the Mines and Minerals (Development and Regulation) (MMDR) Act earlier this week reflect the…...

@bsindia
business-standard.com-standard.com

MMDR Bill leaves states' minor mineral rights intact: Mines Minister Reddy

3+ day, 21+ hour ago   (407+ words) Mines Minister G Kishan Reddy said the MMDR Bill applies only to major minerals and does not affect states' powers over minor minerals, as Kerala warned of legal action....

@bsindia
business-standard.com-standard.com

MMDR Bill can cut legacy mineral levy risks, improve mine economics: NMDC

6+ day, 18+ min ago   (448+ words) Business Standard...

@bsindia
business-standard.com-standard.com

MMDR Bill may ease retrospective tax burden on miners, steelmakers

1+ week, 10+ hour ago   (125+ words) MMDR Bill may ease retrospective mineral tax burden for miners, steelmakers Business Standard MMDR Bill may ease retrospective tax burden on miners, steelmakers The Bill seeks to restrict states' powers to impose taxes and cesses on mineral rights and could…...

@bsindia
business-standard.com-standard.com

MMDR Bill may ease retrospective mineral tax burden for miners, steelmakers

6+ day, 21+ hour ago   (67+ words) The Bill seeks to restrict states' powers to impose taxes and cesses on mineral rights and could provide relief from retrospective liabilities arising from a 2024 SC ruling MMDR Bill may ease retrospective mineral tax burden for miners, steelmakers The Bill…...

@bsindia
business-standard.com-standard.com

DMCC Speciality Chemicals consolidated net profit rises 162.89% in the June 2026 quarter

1+ week, 2+ hour ago   (54+ words) Sales rise 99.16% to Rs 253.01 crore Uttar Pradesh’s defence policy: How the state plans to attract aerospace investments Uttar Pradesh's Plug and Play Shed Policy: Ready factories for smaller businesses Uttar Pradesh’s Electronics Component Policy: A push to build India’s supply…...