The Assam forest department has slapped a penalty of Rs 43.25 crore on PSU major Coal India Ltd for carrying out "illegal mining" inside a reserve forest for 16 years from 2003, officials said on Wednesday
Western Coalfields Ltd (WCL), a subsidiary of Coal India, has slashed the coal auction floor price of specific mines by 10 percent, a statement said
In a bid to attract investments and boost domestic coal production, the government on Wednesday approved promulgation of an ordinance to open up coal mining in the country to non-coal companies while removing restrictions on end-use of the fuel
Coal allocation by CIL to power sector under e-auction drops 23% to 16.95 million tonnes in April-November
State-owned Coal India allocated 16.95 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in the April-November period of this fiscal, down 22.6 percent over the year-ago period
Miners lobbying against govt proposal to link new coal index to international prices; fear move will dent local coal’s competitiveness
Indian miners are lobbying against a government proposal to link a new coal index to international prices, which could delay creation of the index
'Complete strike' at Coal India, Singareni mines against Centre's decision to allow 100% FDI, claim trade unions
Trade unions on Tuesday claimed that production and dispatch has come to a "complete halt" at the mines of Coal India Ltd and Singareni Collieries Company Ltd, owing to the one-day strike against the Centre's decision to allow 100 percent FDI in coal mining
In a bid to liberalise the coal sector, the government is planning to invite global players for the roll-out of auction plan for commercial mining by December this year, Union Minister Pralhad Joshi said on Thursday
Coal imports are surging after the government failed to open the industry to competition, despite having passed a liberalization policy 19 months ago.
The Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday notified the recent decisions to relax foreign direct investment (FDI) norms in sectors such as coal mining, contract manufacturing, and single-brand retail trading
FDI up 28% to $16.33 bn in April-June 2019 quarter; Singapore emerges largest source of foreign investment
Foreign direct investment into India grew by 28 percent to $16.33 billion during the first quarter of the current fiscal, according to government data
India will overtake China as largest importer of coking coal by 2025; consumption to grow at 5.4% annually: Fitch
India will overtake China as the largest importer of coking coal by 2025, Fitch Solutions Macro Research said on Friday
Terming 100 percent FDI in coal mining "the biggest reform" of BJP government, Coal Minister Pralhad Joshi on Thursday said the move will set up an efficient and competitive coal market in India and create direct and indirect employment in coal-bearing areas
Economic growth seen slipping in April-June on weak consumer demand, private investment; more stimulus expected: Poll
In spite of a windfall dividend to the government of nearly $21 billion from the central bank, the room for aggressive stimulus is limited due to slower growth in tax receipts, analysts say.
Govt relaxes FDI rules in single-brand retail, coal mining, contract manufacturing, digital media: All you need to know
The government on Wednesday approved further relaxed rules for foreign direct investment (FDI) rules in four sectors
Cabinet eases FDI rules for single brand retail; gives nod to 100% foreign investment in contract manufacturing, coal mining
Briefing reporters on the decisions taken by the Union Cabinet headed by Prime Minister Narendra Modi, Commerce and Industry Minister Piyush Goyal said 100 percent foreign direct investment (FDI) under automatic route in coal mining and associated infrastructure has been approved
FDI helps in improving the country's balance of payments situation and strengthen the rupee value against other global currencies, especially the US dollar.
SC directs Meghalaya govt to deposit Rs 100 cr with CPCB for causing environmental degradation by 'illegal, unregulated' coal mining
Environmental degradation by illegal and unregulated coal mining has taken place in Meghalaya, the Supreme Court held Wednesday and directed the state to deposit Rs 100 crore with the Central Pollution Control Board for restoration work. It said however that Meghalaya has very limited sources of revenue and allowed it to transfer Rs 100 crore from the Environment Protection and Restoration Fund. A total of 15 miners were trapped on 13 December last year in an illegal coal mine in East Jaintia Hills district of Meghalaya, about 3.7 kilometres deep inside a forest, when water from the nearby Lytein river gushed into it.
Lack of jobs in Jharkhand's Giridh leads to proliferation of illegal coal mines; for villagers, polls only mean more police raids
Deaths in mines in this coal belt have been a particularly harsh reality of life. And illegal mining has been reported in Jharkhand at least since 2004.
Adani Group wins projects across coal, gas, highways in competitive bidding; firm looks to diversify portfolio
In February, Adani Enterprises bid highest pre-passenger fee to the Airport Authority of India over the next 50 years to bag rights for half a dozen airports in the country.
Operation to evacuate trapped Meghalaya miners not abandoned: Centre, state government tells Supreme Court
The Meghalaya government said it has filed a status report on the steps taken to rescue the miners.