The index of core industries measures the combined and individual performance of production of eight core industries which include Cement, Coal, Crude Oil, Electricity, Fertilizers, Natural Gas, Refinery Products and Steel
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Depleting hydroelectricity output amid irregular rainfall in the past fiscal has led to a lower water level available in India's primary reservoirs which could further reduce hydropower generation during the summer
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This initiative, under the aegis of Eastern Coalfields Limited (ECL), aims to revolutionise the coal industry by converting coal into valuable gases such as methane, hydrogen, carbon monoxide, and carbon dioxide through in-situ gasification
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According to a statement by the Union Ministry of Coal, in this round of coal auction, 60 blocks will be offered.
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The direction came in a review meeting held on Thursday by Reddy with the officials of the Coal Ministry to review the management of captive and commercial coal blocks
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The demand for coal-based power has grown by 7.30 per cent in this financial year compared to last year in the same period
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This move allows the allocate to sell the coal produced from these blocks in the free market, fostering a competitive environment and ensuring better utilization of coal resources
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In the most recent Lok Sabha elections, the BJP Telangana Chief defeated his closest Congress opponent, Danam Nagender, by a margin of more than 49,000 votes, retaining the Secunderabad Lok Sabha constituency
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The new government may sweeten the deal by providing relief in taxation and rationalising the GST structure, says Motilal Oswal Financial Services
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In the Nifty50 index, interestingly all the 50 peers end in the green territory with Adani Ports topping the index with more than 8 per cent gain
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