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3 mins read

CBI books Hindalco for corruption in green clearance for Talabira coal mining

The central probe agency registered an FIR against Hindalco and Chandini under Section 120-B (cr…

PTI   


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In a bid to increase domestic coal output, Centre to auction 60 coal blocks today

In a bid to increase the coal production in India, the Union Minister of Coal and Mines G Kishan Re…

ANI   


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2 mins read

Stock market closing: Nifty inches past 25,000-mark, Tata Steel, Hero Moto Corp amidst day's leading laggards

Out of the 2,800 stocks traded during the day, 1,008 stocks saw advances, while 1,725 stocks saw de…

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1 min read

Coal India E-auction revenue falls 7% to Rs 5,589cr in Q1FY25 amid higher sales

The decline in revenue occurred despite a nearly 37 per cent increase in e-auction volume to 23.18 …

PTI   


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Stock market closing 11 July: Markets close flat as auto, pharma and healthcare indices lag

India VIX shed 3.03% during the day. Nifty microcap gained, while auto, healthcare, pharma, and rea…

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Coal India's Q1 production surges 8% to 189.3 million tonne in FY'25

CIL's supplies also rose by 6 per cent to 198.4 million tonnes during April-June 2024, with a si…

PTI   


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Market Morning: Sensex, Nifty open in greens, ONGC, NTPC, Coal India biggest gainers in early morning trade

As for sectoral indices, Nifty Auto, PSU bank and Realty opened the day in red. All broad-based ind…

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Coal India's contribution to govt exchequer rises 6.4% to ₹60,140 crore in FY24

Total levies paid to the government in March 2024 also went up by 14.8 per cent to Rs 6,069.18 c…

PTI   


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India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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Coal's share in India's power generation capacity drops below 50% for 1st time since 1960s

Coal's share, including lignite, in India's total power generation capacity dropped below 50 per…

PTI   


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Rahul Gandhi targets Adani group again on coal pricing issue

Citing UK-based newspaper, Financial Times which claimed that the Adani Group was purchasing coal a…

ANI   


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2 mins read

Rupee falls 9 paise to 83.43 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.39 and lost further groun…

PTI   


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The PSU rally is likely to continue as stocks still at 40% discount to Nifty50

The Public Sector Undertaking (PSU) stocks have been rallying with several seeing a bull run especi…

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2 mins read

Coal India’s ₹4,000 crore offer for sale subscribed 4x times

Coal India's offer-for-sale was subscribed four times over, with institutions oversubscribing on th…

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Coal India OFS: Institutional buyers portion oversubscribed but stock falls

The Indian government is planning to sell up to 3% of its stake in Coal India through an offer-for-…

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1 min read

The Baltimore bridge collapse will put a dent in a 28-million-ton coal-exporting operation, EIA says

The Port of Baltimore is the second-largest exporting hub of coal in the US. It accounted for 28% o…

Aruni Soni   


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Strong case to hike coal prices, could happen soon: CIL chairman

Coal India Chairman Pramod Agrawal said there is a "strong case" for increasing coal prices, and th…

PTI   


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2 mins read

India’s ongoing energy crisis is helping Coal India’s shares overcome the two-year slump and it could go up further

The share price of Coal India Limited (CIL) reached a two year-high earlier on Thursday despite the…

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India coal imports surge to 162 MT in FY23; inbound coking coal shipment grows to 54 MT

In March alone, the non-coking coal import stood at 13.88 MT against 12.61 MT in the same month las…

PTI   


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Coal prices hit two-week highs after EU sanctions target Russian imports

Coal prices log their biggest two-day jump in over a month as European leaders announce sanctions o…

Adam Morgan McCarthy