The maiden auction of critical minerals by the Centre has faced a setback with close to seven blocks, including the lithium block in Jammu & Kashmir (J&K), finding almost no takers. These seven blocks pertain to critical minerals, such as Glauconite, Graphite, Nickel, Platinum Group Elements (PGE), Potash, Lithium, and Titanium. They are… Continue reading In first critical mineral auction, no bidder for J&K lithium block | Economy & Policy News
Tag: critical
Lowering Chandrayaan-3 from 100 km orbit very critical phase: Isro chief
India’s third lunar mission Chandrayaan-3 is in good health and its most critical phase will be the orbit determination process when the spacecraft starts moving closer to the moon from the 100 km circular orbit, Indian Space Research Organisation Chairman S Somanath said on Monday. Launched on July 14 by the Launch Vehicle… Continue reading Lowering Chandrayaan-3 from 100 km orbit very critical phase: Isro chief
Critical industrial capacity woes in Kavach rollout: Railway Chairman
The Ministry of Railways’ efforts to expedite the deployment of the Kavach anti-collision technology, amidst rising safety concerns, are being hampered by significant industrial capacity constraints, according to Anil Kumar Lahoti, the Chairman of the Railway Board. “Kavach is already in operation across more than 1,465 route kilometres (rkm) with work ongoing for… Continue reading Critical industrial capacity woes in Kavach rollout: Railway Chairman
Critical illness policy must cover ailments relevant to your family history
Owing to rising pollution levels, sedentary lifestyles, and changing food habits, the incidence of critical illnesses has skyrocketed. Yet, very few people buy a critical illness cover that can offer them protection against these financially ruinous ailments. A study by PolicyX.com found that of every 100 policies purchased on their platform over the past… Continue reading Critical illness policy must cover ailments relevant to your family history
Mines and Minerals Bill passed in RS, special focus on critical minerals
The Rajya Sabha has passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. The Bill aims to make amendments to the Mines and Minerals (Development and Regulation) Act, of 1957. The bill has been already passed in the lower house of the parliament on July 28, 2023, and since the bill… Continue reading Mines and Minerals Bill passed in RS, special focus on critical minerals
India may let Tesla’s Chinese vendors to make critical components in India
Tesla has expressed interest in bringing its own supply chain ecosystem to India. ET quoted a source as saying the government is not planning on giving tax incentives to any one company (File) The Centre is open to the possibility of allowing Tesla’s foreign vendors, including those based in China, to manufacture critical components… Continue reading India may let Tesla’s Chinese vendors to make critical components in India
Coal India embarks on overseas acquisition of critical mineral assets
In a bold move to diversify its operations and integrate further into the value chain, Coal India Limited (CIL) is targeting the acquisition of lithium, cobalt, and nickel assets abroad. The company has recently amended its Memorandum of Association (MoA) to include non-ferrous and critical minerals, indicating its commitment to expand its presence… Continue reading Coal India embarks on overseas acquisition of critical mineral assets
A critical lapse in Jan Vishwas Bill
Last week, the Lok Sabha passed the Jan Vishwas (Amendment of Provisions) Bill. The Rajya Sabha is also likely to give its assent to the Bill soon. According to the Press Information Bureau release, the Bill aims to further boost the ease of living and ease of doing business by proposing to amend 183… Continue reading A critical lapse in Jan Vishwas Bill
Not surprising if critical technologies come up as key metric of power: EAM
External Affairs Minister S Jaishankar on Sunday said it will not be surprising if critical and emerging technologies come up as one of the most important metrics of power, and added that concerns in the CET field are influenced by how market share and production dominance are leveraged in other areas. The questions… Continue reading Not surprising if critical technologies come up as key metric of power: EAM