Iron Ore Auction News

Industry

Iron ore mine auction delay may hit steel production in 2020

The dearth of domestic iron ore supply will necessitate an increase in the import of iron ore mixThe initiation of the auction process was delayed till the latter half of 2019 because of the Lok Sabha elections

2 min read21 May 2019
Politics

Govt expects mineral auction worth Rs50,000 crore this fiscal

Union mines secretary Arun Kumar says the government is hoping to raise Rs50,000 crore this fiscal by auctioning 13-15 mines

1 min read10 Nov 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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