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Goa News |Economy

Saturday 22 August 2026

News Analysed, Opinions Expressed

Economy

Goa EDMs in trouble for not paying arrears worth Crores

Goa’s most famous Electronic Dance Music (EDM) festivals are in trouble, for not paying arrears of last three years, running into crores of rupees. READ

Sesa opens its second mine in Bicholim

Sesa Iron Ore, a subsidiary of Vedanta Resources Inc, opened its second mining lease in the state today to utilise its full annual production allowance of 5.5 million tonne, as approved by Goa government. READ

Goa's sugarcane farmers block national highway

Sugarcane farmers blocked a national highway today for almost an hour today afternoon near the Sanjeevani sugar factory at Dharbandora. READ

Five in the race to buy Leela Resorts of Goa and Chennai

At least five top international private equity firms, family offices and endowment funds are in the race to buy hospitality group Hotel Leelaventure Ltd’s five-star hotels in Goa and Chennai. READ

No takers for e-auction may hit Goa's mining start-up

The ongoing iron ore auction in Goa is struggling to find takers due to the subdued global economic sentiment as well as weakness in prices, something which is expected to impact mining of the ore ... READ

PMO orders action into money laundering by Goa's casino industry

The Prime Minister's Office has asked the finance ministry to take "appropriate action" in the light of a complaint by a Goa-based anti-corruption NGO, which reported about linkages between a Goa-based hawala operator and the ... READ

Arrest Goa's illegal sand miners, orders NGT

The National Green Tribunal's (NGT) western region bench in Pune has directed authorities to take strict action, including arrest, confiscation of vessels' licences and use of armed police, against illegal sand miners in Goa. READ

Centre rejects Goa plea to dump rejects outside mining lease

The Centre has turned down the Goa government’s plea to allow dumping of rejects and sub-grade ore outside the leasehold area, saying that instead, the problem can be “easily sorted out” by modifying the lease ... READ

Why only 25% ore is sold in two e-auctions this week?

The e-auction of iron ore in Goa government’s possession has received a severe setback with less than 25 per cent ore selling in the last two e-auctions held so far. READ

Goa eyes for Latvia as Russian tourists continue dipping

With uncertainty looming large vis-a-vis Russian arrivals in the forthcoming tourism season due to an economic crisis in the country, Goa may see a ray of hope from neighbouring Latvia. READ