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What GGML's commitment to compliance reflects about mining's role in Tanzania's future

Tanzania, July 13 -- On 1 July 2026, Tanzania Revenue Authority (TRA) presented Geita Gold Mining Limited (GGML) with two awards at its Presidential Taxpayer Awards ceremony in Dar es Salaam: the Over... Read More


Auto Sector To Grow 22-24 Per Cent In Q1 FY27

Mumbai, July 13 -- Credit Rating Information Services of India (Crisil) estimated that India's automobile sector is expected to report revenue growth of 22-24 per cent year-on-year in the first quarte... Read More


Nalco And NLC India To Build 1,080 MW Captive Plant

Mumbai, July 13 -- Nalco and NLC India have agreed to form a joint venture to build a 1,080 megawatt (1,080 MW) captive power plant in Odisha with an investment of Rs 120 billion (Rs 120 bn). Nalco sa... Read More


Rajesh Power Services Bags Rs 6,530 Million PGVCL Orders

Mumbai, July 13 -- Rajesh Power Services has secured orders worth Rs 6,530 million (mn) from Paschim Gujarat Vij Company Limited for underground power network projects. The company said the contracts,... Read More


Punjab Haryana High Court Directs DTCP To Decide AIPL Complaint

Mumbai, July 13 -- The Punjab and Haryana High Court has directed the Director, Town and Country Planning (DTCP), Haryana to decide a complaint by Advance India Projects Limited (AIPL) challenging the... Read More


Raunaq International Secures Rs 181 mn Orders From Ambuja Cements

Mumbai, July 13 -- Raunaq International saw its shares rise after the company announced the award of two contracts from Ambuja Cements totalling Rs 181.0 million (mn). The market response included a s... Read More


Meghalaya Chief Minister Seeks Delegated Powers For Scientific Coal Mining

Mumbai, July 13 -- The Chief Minister of Meghalaya has urged the Central Government to delegate regulatory and administrative powers to the state government to facilitate scientific coal mining within... Read More


IMF approval is welcome, but continued vigilance is vital

DAR ES SALAAM, July 13 -- THE International Monetary Funds (IMF) approval of a 443.8 million US dollars (about 1.17tri/-) disbursement to Tanzania is welcome news, providing additional external financ... Read More


Govt reinvests mining revenue to boost exploration

LONGIDO, July 13 -- THE government has begun implementing President Samia Suluhu Hassans directive to reinvest part of the mining sectors revenue into its development, with 10 per cent of mineral reve... Read More


Monthly rent allowance for Dhitwah victims extended by 9 months

Sri Lanka, July 13 -- The Ministry of Finance announced today that the Cabinet of Ministers decided to extend the monthly housing rent allowance by another three months for residents who are living in... Read More