CIL arm BCCL begins commercial operation at coal washery in West BengalBharat Coking Coal Limited has started commercial operations at its new 2 million tonne per annum Bhojudih coking coal washery in West Beng...
Coal India shares slide 6% after PSU prices Rs 5,000 crore OFS at 10% discountCoal India shares dropped after the government announced plans to sell up to a 2% stake in the company through an Offer for Sale (OFS). The...
Coal India dismisses shortage fears; says 168 MT buffer available to meet rising demandCoal India has built a substantial buffer of 168 million tonnes to meet rising summer power demand. Stocks at power plants and mine heads a...
Tata Steel CEO TV Narendran cautiously optimistic; sees strong Q1 ahead as steel prices rise across India, UK, & EuropeTata Steel CEO TV Narendran flags multi-point cost pressure from the West Asia crisis but says the company has so far recovered most input ...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
West Asia conflict may trigger $800 bn capex boost for India, but oil and fertiliser risks remain: Morgan StanleyThe ongoing conflict in West Asia could emerge as both a challenge and an opportunity for India, with global brokerage Morgan Stanley proje...
India finds $800 billion silver lining as conflict clouds gatherWith an eye on the future, India is set to welcome a massive $800 billion wave of capital investment over the upcoming five years. The curr...
PSU bank stocks fall up to 3%. How RBI’s ECL directions can impact lendersPSU bank stocks fell up to 3% on Tuesday after RBI confirmed the rollout of the Expected Credit Loss (ECL) framework from April 2027, trigg...
India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
Shelter from Spike 'n' Supply Storm: West Asia tensions test India Inc’s resilience to energy shocksEscalating tensions in West Asia highlight India’s vulnerability to energy and logistics disruptions. Even without supply cuts, higher frei...
Coal offtake under watch as industry builds stocksCoal India Ltd supplies coal to state nodal agencies which mainly cater to small and medium-sector consumers, such as brick kilns and other...
Informal sector steps up coal stocking over price concernsCoal prices have risen internationally and percolated to the free market rates for coal clocking a premium of 10-15% over the usual rates d...
Govt aims to build 40 MT coal stock at power plants to ensure supplies during monsoon"On April 1, our reserve stock at power plants was at 24 MT. On April 30, it came down to 19 MT and on May 15, it came down to 15 MT. Howev...
India may ramp up coal output to reduce dependence on imports: Moody'sLarge coal-importing nations like India and China will look to ramp up the output of domestic coal to strengthen energy security and lessen...
Deficient monsoon will put more load on thermal power plants: Piyush GoyalPiyush Goyal said there will be more pressure on the country’s thermal power generation plants if the monsoon rains are deficient this year.
'Mid-sized PSU banks to suffer due coal block cancellation'However, 10 mid-sized PSU banks will be affected the most with their thin operating margins and weaker capitalisation, the report added.
- NALCO alumina unit slumps, shutdown unlikely
India's National Aluminium Co Ltd scaled back operations at its Orissa alumina refinery by half from Saturday because of a coal shortage, b...