SIGN IN SUBSCRIBE

News Update

PLI scheme for electronics manufacturing sees incremental investment of Rs 8,390 CrG20 finance leaders agree to tax super-rich but forum not yet readyDPIIT promotes green logistics industry balancing economic growth and environmentIndia, US ink pact to stymie illegal trafficking of cultural propertyRailways expands tracks by 31,180 kmFroth in Yamuna river: Delhi complains to Centre against UP and HaryanaGovt to enhance reach of Indian Digital Public InfrastructureFormer BJP Minister says BJP has totally failed as Opposition in KarnatakaGovt provides incentives to small tea growersEU penalises 5 countries for infringing budget rulesI-T-Transaction involving transfer of unutilised shares cannot be deemed to be sale of shares so as to attract levy of Long Term Capital Gain u/s 112: ITATChina says Relations with Japan at critical stageST - Once the activity of appellant that is of forfeituring the amount of earnest money is not a declared service, question of retaining said money as consideration for rendering such service becomes absolutely redundant: CESTATEU medicines regulator disapproves Alzheimer’s new drugSC says no restrictions on voluntary name banners along Kanwar route eateriesFM favours debt reduction but sans affecting economic growthKargil Victory Day: PM warns Pak against practising terrorismChina pumps in subsidies worth USD 41 bn into car sectorMisc - Payments made to Government cannot be deemed to be a tax merely because statute provides for their recovery as arrears: SC CBMisc - Royalty not a tax; royalty is contractual consideration paid by mining lessee to lessor for enjoyment of mineral rights & liability to pay royalty arises out of contractual conditions of mining lease: SC CBMisc - Since power to tax mineral rights is provided for in Entry 50 of List II, Parliament cannot use its residuary powers in this subject matter: SC CBCus - Owner of goods has a liability to pay customs duty even after confiscated goods are redeemed on payment of fine - Interest follows: SC
 
GSI to host workshop on private sector's role in offshore exploration

By TIOL News Service

NEW DELHI, FEB 12, 2024: THE Marine and Coastal Survey Division (MCSD) of the Geological Survey of India (GSI) is organising a workshop titled "Offshore Exploration: Synergies and Opportunities (OESO)" on 15th February 2024, in Mangalore. This workshop marks a significant collaborative effort towards advancing offshore exploration.

The OESO workshop aims to foster collaboration and knowledge sharing among key stakeholders in the offshore domain, including governmental bodies, research institutions, academia, and industry players. V.L. Kantha Rao, Secretary, Ministry of Mines, Government of India will grace the occasion as Chief Guest. The event will also be attended by Shri Janardan Prasad, Director General, GSI, senior functionaries of different Ministries, State Directorates of Mining & Geology, PSUs, representatives from private mining industry, Mining associations and other stakeholders.

At the forefront of discussions will be Amendments in the Offshore Areas Mineral (Development & Regulation) Act, 2002, the recent handover of 35 offshore blocks by GSI to Ministry of Mines for auction and the formulation of draft guidelines for the notification of private exploration agencies for offshore exploration. These crucial discussions aim to streamline and facilitate private sector participation in offshore exploration activities.

Moreover, the workshop agenda encompasses a wide array of topics, including an overview of GSI's activities in the offshore, government initiatives in promoting exploration and exploitation, collaborative frameworks for data sharing, and sustainable practices for offshore mineral exploration. The workshop seeks to establish mechanisms for effective data sharing and collaboration among agencies involved in offshore exploration, fostering a conducive environment for joint research initiatives, information sharing, and technical expertise exchange to drive innovation and exploration in offshore mineral resources.

The workshop will feature presentations from leading experts covering topics ranging from data acquisition to environmental considerations, providing participants with valuable insights into the challenges and opportunities within the offshore exploration sector. With an extensive list of expected participants from ministries, research institutions, academia, and industry, the workshop promises to be a platform for fruitful discussions and contribute significantly to the sustainable development of mineral resources and environmental protection.


POST YOUR COMMENTS
   

TIOL Tube Latest

TIOL Tube
Dr. Shailendra Kumar, Chairman, TIOL Knowledge Foundation, addressing the gathering

TOP NEWS


AR not Afar by SK Rahman

VISION 360



Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

TII LATEST

TIOLCORPLAWS LATEST