Union ministers meet over Karnataka's mining tax and its economic repercussions
1 day, 1 hour ago

Union ministers meet over Karnataka's mining tax and its economic repercussions

India Today  

Union Minister of Steel and Heavy Industries, HD Kumaraswamy, held a high-level meeting with Union Law Minister Arjun Ram Meghwal on Thursday to address concerns over the heavy taxation imposed by the Karnataka government on mining activities. Industry leaders fear the taxes could adversely affect the mining and steel sectors, crucial contributors to India's economic goals. The meeting, held at the Ministry of Heavy Industries in New Delhi, was attended by Steel Ministry Secretary Sandeep Poundrik, NMDC Chairman Amitava Mukherjee, senior officials from the Law Ministry, and top representatives from mining companies. “Prime Minister Narendra Modi envisions India as a developed nation by 2047 and aims for the country to become the third-largest global economic power.

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History of this topic

Karnataka’s new minerals tax stumps iron ore mining companies
3 weeks, 1 day ago

Karnataka’s new minerals tax stumps iron ore mining companies

Live Mint  

A proposed legislative bill in Karnataka could triple the tax burden on miners operating pre-auction era iron ore mines, potentially squeezing their margins and triggering ripple effects on steel prices, according to experts. Together, these companies account for a significant portion of Karnataka’s iron ore production, which makes up roughly 15% of India’s annual output of 280 million tonnes, according …

Karnataka government 'unnecessarily quarrelling' with Centre: HD Kumaraswamy
6 months ago

Karnataka government 'unnecessarily quarrelling' with Centre: HD Kumaraswamy

India Today  

Union Minister for Steel and Heavy Industries HD Kumaraswamy has accused the Siddaramaiah-led Congress government in Karnataka of "unnecessarily quarrelling" with the Centre and said that it won't help. Noting that there are several issues concerning the state and his top priority remains Karnataka, Kumaraswamy, however, said that he is not a "selfish man", as he pointed out that, as …

Telangana Minister Sridhar Babu wishes Union IT, Heavy Industries Ministers, solicits support for State’s growth
6 months, 3 weeks ago

Telangana Minister Sridhar Babu wishes Union IT, Heavy Industries Ministers, solicits support for State’s growth

The Hindu  

Industries and IT Minister in the Congress-ruled Telangana, D. Sridhar Babu extended wishes to Union Ministers Ashwini Vaishnaw and H.D. Look forward to working with you and seek cooperation as we fuel the next wave of growth with our initiatives such as AI City, Global Digital Skill University, Semiconductor CoE and the upcoming AI summit,” Mr. Sridhar Babu said wishing …

Govt has made policies to make India attractive for investment: Nirmala Sitharaman
8 months, 2 weeks ago

Govt has made policies to make India attractive for investment: Nirmala Sitharaman

Hindustan Times  

After American tech billionaire Elon Musk postponed his India visit due to his “heavy obligations” at work, Union finance minister Nirmala Sitharaman said the government has tailored policies to make India an attractive hub for manufacturing and services, especially in the light of industries expressing concerns about China. Especially after China Plus One started being a concern for many industries…we …

CM terms PM a 'threat to federal system'
10 months, 2 weeks ago

CM terms PM a 'threat to federal system'

Deccan Chronicle  

BENGALURU: Chief Minister Siddaramaiah on Wednesday said that Prime Minister Narendra Modi 'is a threat to the federal structure' and charged Modi of having changed his stance over tax devolution from a former Gujarat Chief Minister now being the Prime Minister. Participating in a discussion on the Governor’s speech in the Legislative Council, Siddaramaiah recalled some of the statements made …

Centre working on enhancing mines sector output in GDP to 2.5 pc by 2030: Union minister
2 years, 4 months ago

Centre working on enhancing mines sector output in GDP to 2.5 pc by 2030: Union minister

India TV News  

Mine sector output: The Centre has taken various measures with regard to Ease of Doing Business to increase the contribution of mines and minerals sector towards the country's GDP to 2.5 per cent by 2030, Union Coal, Mines and Parliamentary Affairs Minister Pralhad Joshi said on Friday. "The intention of this conclave is that we should in coming years up …

Union Budget 2020: Key expectations from Modi govt after year of turbulence
5 years ago

Union Budget 2020: Key expectations from Modi govt after year of turbulence

India Today  

Finance Minister Nirmala Sitharaman will present the Union Budget 2020 on February 1, at a time when India's economy is going through one of the worst periods of slowdown in decades. That said, here are some expectations from the upcoming budget: Personal income tax cut A cut in personal income tax rates is one of the most popular demands floated …

Narendra Modi meets Mukesh Ambani, Ratan Tata, other business heads to discuss economy ahead of Union Budget
5 years ago

Narendra Modi meets Mukesh Ambani, Ratan Tata, other business heads to discuss economy ahead of Union Budget

Firstpost  

New Delhi: Ahead of the annual Union Budget presentation, Prime Minister Narendra Modi on Monday interacted with top business tycoons to discuss issues facing the economy and measures needed to boost growth and create jobs. Richest Indian Mukesh Ambani, Tata group patriarch Ratan Tata, telecom czar Sunil Bharti Mittal, billionaire Gautam Adani, Mahindra Group chairman Anand Mahindra, and mining baron …

Congress-JD(S) came to power in Karnataka by backstabbing people: PM Modi at Kalaburagi rally | Top points
5 years, 10 months ago

Congress-JD(S) came to power in Karnataka by backstabbing people: PM Modi at Kalaburagi rally | Top points

India TV News  

Prime Minister Narendra Modi, on Wednesday, visited Kalaburagi in Karnataka and launched various development projects. Here are important excerpts from PM Modi's speech: Person with blessings of 125 crore people is not afraid of anybody, be it Hindustan, Pakistan or thieves: Modi in Karnataka rally PM Modi accuses Congress-JD govt in Karnataka of doing injustice to farmers Congress-JD came to …

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