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Mining Industry Sees Cess Hike to Support Public Programs

The state government of Jharkhand has approved a hike in cess on coal and iron ore to Finance its social security schemes. The decision,...

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Baldota Group to Invest ₹54,000 Crore in Karnataka for Integrated Steel Plant

Karnataka-based Baldota Group announced a massive investment of ₹54,000 crores in setting up an integrated steel plant in Koppal. The company, functioning under...

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Karnataka’s New Mineral Tax to Impact Steel Industry Margins

The Karnataka government has introduced a two-part mineral-bearing tax that is expected to pressure the profitability of steel companies. The levy, which applies...