User: Ganeshperumal Topic: Energy
Category: Coal
Last updated: Jan 26 2020 07:14 IST RSS 2.0
 
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Sensex slump by 370 pts 26.1.2020 Central Chronicle
Mumbai, The benchmark index of Bombay Stock Exchange(BSE) on Friday crashed by 370 points to 32,636.00 following a global selloff after US President Donald Trump imposed USD 60 billion tariffs on Chinese imports. Nifty of National Stocks Exchange (NSE) declined by 11.95 points to 9,996.80.The sensex registered intra day high and low at 32,690.15 and 32,534.83 respectively.The Nifty recorded intra day high and low at 10,012.85 and9,961.30 respectively. The sectoral such as Materials, Energy, FMCG, IT , Bankex andFinance stocks kept the market low. The scrips like Yes Bank, Tata Steel, Bajaj Auto and ICICI Bankdropped the equity market.The losers were Yes Bank by 3.47 pc to Rs 287.90, Tata Steel by3.07 pc to Rs 562.75, Bajaj Auto by 2.80 pc to Rs 2762.50 and AxisBank by 2.76 pc to Rs 504.The gainers were Infosys by 1.17 pc to Rs 1172.40 , M & M by 0.75pc to Rs 735.30 and Coal India by 0.15 pc to Rs ...
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Sensex up by 382.67 pts 25.1.2020 Central Chronicle
Mumbai, The benchmark index of Bombay Stock Exchange (BSE) on Monday registered a massive gain of 383.67 points to 37,054.10, as buying was seen across the board, amid positive Asian Market. The Nifty of National Stock Exchange (NSE) too rose by 140.90 points to 11,176.30. Easing by 53 points on Friday, the day opened on a positive note at 36,741.57, moving up by 70 points. It remained in green the whole session. During the day, it rallied by 435 points to 37,106.19, the day's high, before closing at 37,054.10, surging by 382.67 points from its last close. The Nifty registered day's high and low at 11,180.90 and 11,059.85, respectively. The sectoral indices like Energy, Telecom, Metal, Consumer Durable and Capital Goods pushed the market up. In scrips, Bharti Airtel, Powergrid, Coal India, Reliance Industries and VEDL advanced, while TCS, HCL Tech, NTPC and IndusInd Bank slipped that capped from further gain, the broker informed. The S&P BSE Mid-Cap index gained 1.96 per cent. The S&P BSE Small-Cap ...
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WCL CMD calls on CM Kamal Nath 25.1.2020 Central Chronicle
Bhopal: Western Coalfields Limited chairman cum managing director Shri Rajiv Ranjan Mishra made a courtsey call on Chief Minister Kamal Nath.  Mishra informed the Chief Minister that in Madhya Pradesh, Minister of Coal, Mr. Piyush Goyal has announced six new quarries.  It was also discussed on the issue of ensuring proper supply of coal to the state’s thermal power plants. On this occasion, Dr. Sanjay Kumar, Director (Personnel) was also present.
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Galloping Petro Prices 25.1.2020 Central Chronicle
The price of petrol has gone up beyond of Rs 80 per liter and the cost of diesel reached the level Rs 70 per liter. The main objective of Goods and Serves Tax (GST) to built up one market and one price throught the Nation can never be achieved without bringong the petrol, diesel, coal, electricity all under the GST at one rate in the whole country and bring down the prices of all goods. The Government should reduce the cost of petrol and diesel to bring the transportation cost. Under the GST and many tax slabs of many commodities even the food taking in the hotels are covered which has no general use. It is very easy for the Government to reduce transport cost by reducing the Central and State taxes on petrol and diesel. At present the taxes on petrol are Rs 46.73 and on diesel Rs 31.29 per liter. The Governments are not honest towards people. Its one-sided and anti-people. When the prices of petrol and diesel were decontrolled and brought under the market system of going up and down on demand and ...
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Coal Sector Denationalized 25.1.2020 Central Chronicle
In the year 1973 Prime Minister Mrs.Indira Gandhi in a well guarded secret move nationalized all the coal mines and now the Prime Minister Mr.Narendra Modi Government after a gap of 44 years denationalized the coal mining to private sector companies with the move monopoly of Central Government undertaking Coal India Limited has ended. So far it had been producing 80 per cent of total coal production of India and rest 20 per cent by private firms on getting allotment of coal block. Recently there had been 2 big scams the Spectrum in Communication sector and another in the allotment of coal blocks to private firm. In Spectrum case the Court has ruled that there is no scandal in it and entire deal was clean and right. It is estimated that the country has coal reserves of 300 billion tonnes. The coal energy is also source of our power energy. India generates 70 per cent of its power production from thermal plants. Presently the country besides its own coal production also importing coal from the Indonesia ...
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South Africa mine deaths fall to record low in 2019 24.1.2020 Reuters: World News
South Africa saw the lowest number of mine deaths on record last year, with 51 people killed compared to 81 the previous year, the mines ministry said on Friday.
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Adani bets big on renewable energy 23.1.2020 Rediff: Business
Eyeing to become India's largest player in 2020 Adani Group plans to invest 70 per cent of its capital expenditure in clean energy and energy efficient systems.
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Factbox: Climate change plans of the leading U.S. Democratic candidates 23.1.2020 Reuters: World News
The leading Democratic candidates all believe climate change is an existential threat to the planet and have vowed to bring U.S. greenhouse gas emissions down to net-zero by 2050.
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Adani Power drives 21% jump in Indian utilities' coal imports in 2019 22.1.2020 Reuters: Top News
Indian utilities' coal imports jumped 21% last year, rebounding after a three-year slide mainly due to increased purchases by an Adani Power plant in western India, government data showed on Wednesday.
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Adani Power drives Indian utilities' coal imports to 4-year high 22.1.2020 Reuters: Top News
Indian utilities' coal imports rose to their highest levels since 2015 and reversed a three year slide, government data showed, mainly due to increased imports by a major plant run by Adani Power Ltd.
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Australian bushfires hit coal output, conditions to worsen 21.1.2020 Reuters: World News
Mining giant BHP Group said on Tuesday that poor air quality caused by smoke from Australia's bushfires is hurting coal production, as authorities cautioned a reprieve from hazardous fire conditions could end within days.
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India's thermal coal imports extend fall as economy slows 20.1.2020 Reuters: Money News
India's thermal coal imports have dropped for three months running, their longest sustained fall in over two years, as an economic slowdown stifles demand from key industrial consumers.
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India thermal coal imports fall for three months in a row 20.1.2020 Reuters: Money News
India's thermal coal imports fell for three straight months for the first time in over two years, government data reviewed by Reuters show, as an economic slowdown stifled demand from industries such as cement and sponge iron.
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India’s largest power producer wants nitrous oxide emission norms for coal plants relaxed 20.1.2020 Scroll.in - News that matters
The current emission limit applicable to most Indian plants is five times higher than that in China.
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As Brexit nears, Boris Johnson pushes for deeper trade ties with Africa 20.1.2020 Reuters: World News
Prime Minister Boris Johnson will call for deeper investment ties between Britain and Africa at a summit for leaders of 21 African countries on Monday that comes days before his country will leave the European Union.
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As Brexit nears, UK's Johnson pushes for deeper trade ties with Africa 20.1.2020 Reuters: World News
Prime Minister Boris Johnson will call for deeper investment ties between Britain and Africa at a summit for leaders of 21 African countries on Monday that comes days before his country will leave the European Union.
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Serbians don masks and take to smog-filled streets to demand cleaner air 18.1.2020 Reuters: World News
Hundreds of protesters, some wearing surgical masks and respirators, took to the streets of the Serbian capital Belgrade on Friday, demanding the government tackle severe air pollution throughout the European Union candidate country.
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CBI books Adani Enterprises for alleged fraud in getting coal supply contract in 2010 17.1.2020 Scroll.in - News that matters
The agency said that Adani Enterprises received the contract in violation of tender conditions.
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Japan firms join global calls to ditch coal-fired power - Reuters poll 17.1.2020 Reuters: Money News
Japanese companies overwhelmingly feel Japan should shift away from its dependence on coal for power generation even though a third of firms say this would harm their business, a Reuters poll found, further evidence that the government is out of step with the global fight against climate ...
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RBI plans to put weak private lenders under the hammer 17.1.2020 Rediff: Business
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
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