HDFC Capital, Shalimar Corp Form Rs. 7.5 bn UP Realty Platform

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

India Invites Global Mining Community to India Mining Week 2026

India has invited the global mining community to participate in India Mining Week 2026, seeking international collaboration, expertise and investment to support the development of the country’s mining and minerals sector. The event is scheduled to be held from November 15 to 17, 2026, at Yashobhoomi in New Delhi. Coal Additional Secretary Rupinder Brar extended the invitation while addressing India Mining: Global Connect, an international outreach interaction involving representatives from diplomatic missions in 19 countries. The meeting focused on opportunities for greater international par..