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mining sector

Vedanta Q3FY26 net profit jumps 60% to Rs 7,807 crore

The company informed stock exchanges that its revenue jumped by 19% to Rs 45,899 crore in Q3FY26, as compared to Rs 16,742 crore in Q3FY25, due to higher LME volumes, premium and forex gains, as compared to its revenue of Rs 38,526 crore in the December 2024 quarter.

Centre relaxes mining rules to boost mining sector

The New rules notified by the Ministry of Mines have kept mining of Atomic and HydroCarbons Energy Minerals of the Concession in the amendments of the Mines and Minerals (Development and Amendment) Act, 1957 (‘MMDR Act’).

Khattar announces waiver for mining sector

Under it, the state government will waive the dues on account of contract money and Rehabilitation and Restoration (R & R) fund for 26 days between 25 March, 2020 to 19 April, 2020 from all such mineral concession holders who were operating mines at the time when lockdown was imposed.