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Govt revises rules for mine auctions

Mint New Delhi

|

October 20, 2025

The government on Sunday said it has amended the Mineral (Auction) Rules, 2015 to introduce timelines for different activities after the auction of mineral blocks to expedite their operations.

The amendment has put in place milestones between the issuance of the letter of intent and the execution of mining leases, while imposing penalties for delays and giving incentives for early production.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

SUVs dominate roads, but at the luxe end, sedans are holding on

The number of sedans on Indian roads is shrinking, thanks mainly to the rise of sports utility vehicles (SUVs).

time to read

2 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Power, realty are bright spots amid capex gloom

While corporate India remains flush with capital, new investments are not keeping pace.

time to read

3 mins

October 22, 2025

Mint New Delhi

How AWS-style cloud crashes can hamper AI march

The global outage of Amazon Web Services (AWS) that knocked thousands of websites and apps is a warning for firms rapidly scaling for the artificial intelligence (AI) era, and have moved huge workloads to the cloud. Mint explains why they can't afford to ignore this risk.

time to read

2 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Keppel buys Shell stake in Cleantech, takes full control

Singapore’s Keppel Ltd has bought energy major Shell Plc’s 49% stake in renewable energy developer Cleantech Solar in a deal having an equity value of around $200 million, taking full control of the company. It is planning a sale of Cleantech for around $400 million next, said two people aware of the development. Both requested anonymity.

time to read

2 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Murky underworld where Louvre thieves take stolen jewels

After a group of thieves brazenly broke into Paris’s Louvre Museum and snatched eight pieces of jewelry that form part of France’s crown jewels, the chase is on to find them before they filter into the black market.

time to read

4 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Small stores on slow track in passing on GST rate cut

It has been nearly a month since the government's latest Goods and Services Tax (GST) rate cuts came into effect, but chances are some packaged goods may still be sold at old prices in small retail stores.

time to read

2 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

US deal may cut tariff to 15%, trim Russian crude

Higher imports of US corn, ethanol likely; deal may be announced at Asean summit

time to read

4 mins

October 22, 2025

Mint New Delhi

Ethiopia wants loan yuan denominated

Ethiopia started talks with China to convert at least part of the $5.38 billion it owes Beijing into yuan-denominated loans, following an example set by Kenya that bolsters China’s efforts to internationalize its currency.

time to read

1 min

October 22, 2025

Mint New Delhi

India’s sunshine law: Clouded by the data privacy bill

In March 2003, the Supreme Court passed a historic verdict that filled a legislative gap.

time to read

3 mins

October 22, 2025

Mint New Delhi

Mint New Delhi

Venu Srinivasan reappointed for life at Tata Trusts

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal, amid reported internal divisions within the organisation.

time to read

2 mins

October 22, 2025

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