December, 27 2024 Friday 00:07 Hrs
  • SENSEX :   78,472.48

  • Top commodity trading and broking companies in India-0.39( 0.00%) 26-Dec-2024
top-arrow-market
Sensex 78472.48 -0.39  (0.00) 26-Dec-2024
Previous Day Close
78472.87
Today's High/Low
High Low
  •  
  •  
78898.37 78173.38

Economy News - Detailed News

India launches its first tranche of e-auction of mineral blocks in offshore areas
29-Nov-24   11:56 Hrs IST
The first ever tranche of e-auction of mineral blocks in the offshore areas of India was launched by G. Kishan Reddy, Union Minister of Coal and Mines on 28th November, 2024. This landmark event is a major step forward in India's journey to explore and utilize its extensive offshore mineral resources within its Exclusive Economic Zone (EEZ). This first tranche of auction includes 13 mineral blocks spanning across the Arabian Sea and Andaman Sea, featuring a mix of minerals, such as construction sand, lime-mud and polymetallic nodules and crusts. These minerals are critical for infrastructure development, high-tech manufacturing and the green energy transition.

Powered by Capital Market - Live News

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.