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Elon Musk's Tesla Workforce Cut May Signal a Recession for Auto Industry: Report
Tesla CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary in the coal mine" moment, signaling a recession for an industry whose bosses have shown no signs of concern.
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World Going Green, Low Returns In Coal: Mamata Banerjee Asks PM To Rethink FDI
Allowing 100 per cent foreign direct investment (FDI) in the coal sector would neither bring competent returns nor new technology, West Bengal Chief Minister Mamata Banerjee has written to Prime Minister Narendra Modi.
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Government Announces "Seamless Production Regime" For Mining Sector
A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...
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Rs 50,000 Crore To Create Infra For Transporting Coal: Nirmala Sitharaman
The government will bring in commercial mining in coal sector, Finance Minister Nirmala Sitharaman said on day 4 of her announcements on details of a Rs 20 lakh crore stimulus to shore up an economy battered by coronavirus and weeks of lockdown.
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Government Clears Opening Up Of Commercial Coal Mining To Private Firms
In a major reform in the coal sector since its nationalisation in 1973, the government today allowed private companies to mine the fossil fuel for commercial use, ending the monopoly of state-owned Coal India Ltd (CIL).
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Jobs And Pollution Inseparable In Goa Coal Sector, Says Manohar Parrikar
It is not possible to seek jobs and other means of livelihood and at the same time complain about pollution, Goa Chief Minister Manohar Parrikar said on Tuesday, while flaying coal pollution-related protests in South Goa's Vasco port town, 35 km from Panaji
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Delhi High Court Junks Pleas Against Clubbing End-Use Of Mines
Delhi High Court today dismissed the pleas of some private companies challenging the decision of the Ministry of Coal to club all sectors, barring power, under a single category for coal block auctions.
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Budget Session Likely to be Extended as Government Looks to Push Key Reforms
The government is considering extending the first part of the Budget session by two days as it gets set to push key reforms in the coal and mining sector through Parliament, which is scheduled to break for a month-long recess after Friday, March 20.
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Insurance Bill in Rajya Sabha Today, May Pass Test After a Pact
A bill that seeks to raise foreign investment in the insurance sector will be taken up in the Rajya Sabha today and is expected to sail through following the government's pact with the opposition on key legislation.
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State Bank of India To Provide up to $1 bn Loan for Adani Australia Coal Mine
The Adani group won support on Monday from India's largest public sector bank and an Australian state to help it build a $ 7 billion coal mine, rail and port project, defying a slump in coal prices that has stalled rival projects.
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Fate of 14 more coal mines to be decided on Monday
After recommending de-allocation of eight coal blocks to public sector firms, the Inter-Ministerial Group (IMG) is likely to meet on Monday to decide the fate of 14 more coal mines.
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Prime Minister's Office and Attorney General disagree over assigning mines
The report by the national auditor on the massive losses caused by the allocation of coal fields is being refuted by the government, but has led to the Prime Minister suggesting that no mines in the mines and minerals sector be assigned for now. The auditor's report said that because an auction was not held for coal blocks between 2004 and 2009, th...
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Govt auditor's (CAG) report slams levy of development fee on passengers at Delhi airport
The government's auditor shared with Parliament today a report that says that thousands of crores have been lost in the way in which coal mines were allocated to private players; another report finds fault with how the Delhi international airport was privatised. The government has prepped a detailed defense for both sectors; it claims the auditor's...
-
Elon Musk's Tesla Workforce Cut May Signal a Recession for Auto Industry: Report
Tesla CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary in the coal mine" moment, signaling a recession for an industry whose bosses have shown no signs of concern.
-
World Going Green, Low Returns In Coal: Mamata Banerjee Asks PM To Rethink FDI
Allowing 100 per cent foreign direct investment (FDI) in the coal sector would neither bring competent returns nor new technology, West Bengal Chief Minister Mamata Banerjee has written to Prime Minister Narendra Modi.
-
Government Announces "Seamless Production Regime" For Mining Sector
A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...
-
Rs 50,000 Crore To Create Infra For Transporting Coal: Nirmala Sitharaman
The government will bring in commercial mining in coal sector, Finance Minister Nirmala Sitharaman said on day 4 of her announcements on details of a Rs 20 lakh crore stimulus to shore up an economy battered by coronavirus and weeks of lockdown.
-
Government Clears Opening Up Of Commercial Coal Mining To Private Firms
In a major reform in the coal sector since its nationalisation in 1973, the government today allowed private companies to mine the fossil fuel for commercial use, ending the monopoly of state-owned Coal India Ltd (CIL).
-
Jobs And Pollution Inseparable In Goa Coal Sector, Says Manohar Parrikar
It is not possible to seek jobs and other means of livelihood and at the same time complain about pollution, Goa Chief Minister Manohar Parrikar said on Tuesday, while flaying coal pollution-related protests in South Goa's Vasco port town, 35 km from Panaji
-
Delhi High Court Junks Pleas Against Clubbing End-Use Of Mines
Delhi High Court today dismissed the pleas of some private companies challenging the decision of the Ministry of Coal to club all sectors, barring power, under a single category for coal block auctions.
-
Budget Session Likely to be Extended as Government Looks to Push Key Reforms
The government is considering extending the first part of the Budget session by two days as it gets set to push key reforms in the coal and mining sector through Parliament, which is scheduled to break for a month-long recess after Friday, March 20.
-
Insurance Bill in Rajya Sabha Today, May Pass Test After a Pact
A bill that seeks to raise foreign investment in the insurance sector will be taken up in the Rajya Sabha today and is expected to sail through following the government's pact with the opposition on key legislation.
-
State Bank of India To Provide up to $1 bn Loan for Adani Australia Coal Mine
The Adani group won support on Monday from India's largest public sector bank and an Australian state to help it build a $ 7 billion coal mine, rail and port project, defying a slump in coal prices that has stalled rival projects.
-
Fate of 14 more coal mines to be decided on Monday
After recommending de-allocation of eight coal blocks to public sector firms, the Inter-Ministerial Group (IMG) is likely to meet on Monday to decide the fate of 14 more coal mines.
-
Prime Minister's Office and Attorney General disagree over assigning mines
The report by the national auditor on the massive losses caused by the allocation of coal fields is being refuted by the government, but has led to the Prime Minister suggesting that no mines in the mines and minerals sector be assigned for now. The auditor's report said that because an auction was not held for coal blocks between 2004 and 2009, th...
-
Govt auditor's (CAG) report slams levy of development fee on passengers at Delhi airport
The government's auditor shared with Parliament today a report that says that thousands of crores have been lost in the way in which coal mines were allocated to private players; another report finds fault with how the Delhi international airport was privatised. The government has prepped a detailed defense for both sectors; it claims the auditor's...
