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Govt may cut duty for iron ore exports from Goa

Last Updated: Thursday, February 5, 2015, 16:01

Keen on bailing out the struggling Goan iron ore sector, the Centre may soon announce a special package for miners in the state by pruning duty on exports of the steel-making raw material from 30 per cent.

Around 12 million tonnes of iron ore stuck at Indian ports

Last Updated: Wednesday, February 4, 2015, 11:31

Around 12 million tonnes of low-grade iron ore has been stuck at Indian ports for months, stranded as hefty export taxes and plunging prices make higher quality ore more appealing to buyers, said industry and government officials.