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A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.
This iron ore is alleged to have been illegally mined after paying a minuscule royalty to the government. The major regularities involve mines in Bellary, including those of Obulapuram Mining Company owned by G. Karunakara Reddy and G. Janardhana Reddy Sajjala Diwakar who were ministers in the Government of Karnataka and Andhra Pradesh at the time.
Rashtrakuta ( IAST: rāṣṭrakūṭa) (r. 753 – 982 CE) was a Hindu dynasty ruling large parts of the Indian subcontinent between the 6th and 10th centuries. The earliest known Rashtrakuta inscription is a 7th-century copper plate grant detailing their rule from Manapur, a city in Central or West India. Other ruling Rashtrakuta clans from ...
Canara Bank. Canara Bank is an Indian public sector bank based in Bangalore, India. Established in 1906 at Mangalore by Ammembal Subba Rao Pai. The bank was nationalized in 1969. Canara Bank also has offices in London, Dubai and New York.
The Halmidi inscription at Halmidi village, usually dated 450 CE. is the earliest Kannada inscription issued by the Kadamba Dynasty. The Kadambas (345–540 CE) were an ancient royal family of Karnataka, India, that ruled northern Karnataka and the Konkan from Banavasi in present-day Uttara Kannada district.
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Karnataka is one of the highest economic growth states in India with an expected GSDP (Gross State Domestic Product) growth of 9.5% in the 2021–22 fiscal year. [4] [5] The total expected GSDP of Karnataka in 2022–2023 is about $240 billion. [5] Karnataka recorded the highest growth rates in terms of GDP and per capita GDP in the last decade ...