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COAL TAX REVISION
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- Adani Ports shares snap 2-day fall, rise over 1% after Goldman Sachs raises target priceShares of Adani Ports saw an uptick on Friday after Goldman Sachs reaffirmed its ‘Buy’ rating and raised the target price to Rs 1,870. Stro...
- New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...
- Nifty at 25,900 by March 2027? Nomura cites key catalysts to watch out forIndian stocks have seen a sharp fall. Nomura predicts the Nifty will climb almost 11% to reach 25,900 by March 2027. This optimism stems fr...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
- Coal India Q4 Results: Profit rises 12% to Rs 10,908 crore; co declares Rs 5.25 dividendCoal India reported a 12% rise in Q4 profit driven by better realizations and higher income, despite cost pressures. Margins improved, thou...
- In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...
- Indian coal prices to be lower after tax revision, industry officials sayIndia's coal prices are set to decrease due to tax revisions. The consumption tax hike is offset by removing the carbon levy. This change m...
- After price hike, Coal India turns into Street favouriteThe price revision will help Coal India earn incremental revenue of Rs 1,956 crore.
- Indian coal demand to remain tepid: India-RatingsIndia Ratings feels that government’s policies on large seaborne trade and persistent substitution to renewable energy are likely to have a...
- Consultations underway on revision of royalty rates on coalThe royalty rates on coal and lignite were last revised in 2012 and the next revision can take place only with effect from May next year, a...
- Government forms panel to study revision of royalty rates on coalThe govt has constituted a panel to consider revision of rates of royalty of coal which is at the present 14% ad-valorem on price of the fo...
- CoS to meet in July to discuss performance pay for CIL armsThe Committee of Secretaries (CoS) is likely to take up next month the proposal for implementing performance-related pay in Coal India's lo...
- Committee of Secretaries to discuss on performance pay to CIL's loss-making armsCoS will deliberate this week on a Coal Ministry's proposal to provide performance related pay to executives of Coal India subsidiaries.
- Government to soon decide on performance pay for CIL lossmaking armAs per the 2007 pay revision, PRP is directly linked to Profit Before Tax (PBT) and rating of a Public Sector Unit (PSU), besides performan...
- Power companies may get to raise tariffsPower projects using imported coal would soon be allowed to raise tariffs by up to Re 1 per unit to offset the effect of increase in fuel p...
- CCEA to consider new royalty regime for coal, ligniteThe Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a new royalty regime for coal and lignite.
- CIL considers hiking priceWe are contemplating a price hike. 33 months is a long period to stay without a hike.
- Coal to get dearer as royalty may increase by 10-15%The input cost of power, steel and cement companies is all set to move upwards with the ministry of coal deciding to revise upwards royalty...
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