Narendra Singh Tomar

Mineral-rich states told to start auction process, announce bidding dates

The mines ministry has tried to sweeten the bid criteria by proposing that preferred bidders would not be required to pay upfront payment or royalties at the prospecting licence stage.

iron ore

Centre hikes duty on select steel products by 2.5%

In its bid to protect the domestic steel industry from imports of cheaper steel into the country, the government on Wednesday increased the customs duty on certain steel products by 2.5 per cent.

SAIL to invest another Rs 42,000 cr in West Bengal over 10 years

Maharatna PSU Steel Authority of India (SAIL) will invest an additional Rs 42,000 crore in West Bengal over the next 10 years.

MMDR rules to retain 2 stage auction model

The government is unlikely to accede to the industry's demand for doing away with the two-stage auction model proposed for iron ore, bauxite, limestone and manganese ore.

Narendra Singh Tomar rules out equity participation for SAIL in NMDC’s Chhattisgarh venture

Steel and mines minister Narendra Singh Tomar on Friday ruled out giving SAIL...

Narendra Singh Tomar, equity participation, SAIL, NMDC, equity participation for SAIL, economy news

Mines Ministry extends leases of govt firms

Ahead of auction of non-coal minerals, the Mines Ministry has extended the leases of government companies...

Narendra Singh Tomar, equity participation, SAIL, NMDC, equity participation for SAIL, economy news

Govt mulls allowing SAIL to sell iron ore in open market

Small steelmaking units are already suffering from lack of iron ore

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