Coal India May Production

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  Tussle Over $5 Billion Wages A New Risk to India Coal Supply

  A key trade union at Coal India Ltd. has warned workers may strike over delays in finalizing salary increases, a move that would risk complicating efforts to meet soaring fuel demand.

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  Core Sector Growth Expands By 18.1% In May, Highest In 13 Months

  Led by healthy growth in coal, crude oil, fertilisers, cement and electricity production, output of eight core industries grew to a 13-month high of 18.1 per cent in May this year, according to official data released on Thursday.

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  Coal Production Rose To 34 Million Tonnes Till May 15

  Domestic coal production went up to 33.94 million tonnes in the first half of May, a growth of 36.23 per centover last year

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  Coal India's October Production May Fall 20%

  The miner, which has a target to produce 57.17 million tonne for the month, has actually produced 37.92 million tonne of coal till October 30, according to the data.

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  Sensex Crosses 40,000 Mark, Nifty Tops 12,000 As Markets Near Record Highs

  Domestic stock markets jumped to trade near record highs on Friday - with the S&P BSE Sensex back above the 40,000 mark, ahead of the release of GDP or gross domestic product data by the government. The S&P BSE Sensex index rose as much as 290.37 points to 40,122.34, and the NSE Nifty index climbed to 12,039.25, up 93.35 points from the previous cl...

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  India's Coal Plant Plans May Jeopardise Paris Climate Goals, Claim US Researchers

  India will not be able to meet its Paris climate agreement commitments in the coming years if the country goes ahead with its plans to build nearly 370 coal-fired power plants, US researchers have claimed. India has pledged to the international community to reduce its emissions intensity - the amount of carbon dioxide released per unit of gross dom...

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  Coal India May Miss Output Target By 20 Million Tonnes This Fiscal: Top Official

  "CIL may miss (production target) by 20 million tonnes (MT) and it (the output) should be between 570-578 MT," Coal Secretary Susheel Kumar said.

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  India's Coal Imports Decline 19% In May

  Coal imports declined by 19.2 per cent to 16.38 million tonnes last month on the back of sufficient availability of domestic fuel.

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  Coal India Shares Jump 4% On Higher Production, Offtake In May

  Coal India's offtake also rose to 45.53 MT in May as compared to 42.4 MT in April. The company achieved 89 per cent of its offtake target in May as compared to 83 per cent in April.

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  Coal India Misses Production Target In May

  State-run Coal India on Wednesday said it achieved a production of 42.58 million tonnes last month, lower than the target of 44.64 million tonnes (MT).

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  Coal India May Miss Output Target for FY16 by 10-15 MT: Swarup

  Swarup further said that nine of the mines, which were auctioned last year have already come into production, which were producing 10 million tonnes coal.

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  Coal Price Rationalisation Likely Early Next Year: Report

  State-run miner Coal India may take a decision on price rationalisation of various grades of the fossil fuel early next year.

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  Coal India May Exceed Production Target: Coal Secretary

  Consequent to this, its subsidiary Western Coalfields will be opening one new mine every month for the next two years.

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  Coal India Misses May Output Target by 2%

  Its production target for the month was at 41.78 million tonnes (MT), the PSU said in a regulatory filing, without giving reasons for missing the target.

• Banks, Auto Stocks Gain Ahead of RBI Policy

  Analysts say RBI may cut rates by 25 basis points after the government raised nearly Rs 22,600 crore through stake sale in Coal India, which will help the government achieve its fiscal deficit target of 4.1 per cent of gross domestic product this fiscal.