Coal India's (CIL's) revenue for the first quarter of 2024-25 (Q1FY25) came in at Rs 36,500 crore, up 1 per cent year-on-year (Y-o-Y) and down 3 per cent sequentially, which was in line with consensus. The blended average selling price was Rs 1,687/tonne, down 5 per cent Y-o-Y and down 1 per cent Q-o-Q, which was below estimates. The adjusted operating profit (excluding overburden removal or OBR costs) stood at Rs 11,500 crore up 3 per cent Y-o-Y and up 17 per cent Q-o-Q, which beat the street. This was due to lower operating expenses.
Government auditor, the Comptroller and Auditor General has found that not all disease outbreaks and chemical accidents taking place in different parts of the country are reported to Central authorities which could effect the response to epidemics.
The wholesale price index-based inflation remained in the negative territory for the seventh straight month in October at (-) 0.52 per cent, on easing prices of food items. The WPI-based inflation rate has been in the negative zone since April and was at (-) 0.26 per cent in September, 2023. In October last year, WPI was at 8.67 per cent.
A manhunt has been launched for the owner of a production house Jerrit G John, who allegedly threw hazardous chemical on his former physiotherapist girlfriend at her residence in central Mumbai, the police said on Friday.
A senior police officer said bomb disposal squads have been rushed to all the places mentioned by ULFA-I but there is no report of recovery of any bomb or explosive.
In a stern message, the United States, Britain and France on Monday warned Syrian President Bashar Al-Assad of "serious consequences" if he fails to surrender his chemical weapons, saying military strike remains an option.
'If there is a push towards a Marxist oriented government it will be dangerous.' 'We have seen this in Nepal and Myanmar and it will be a concern for India if it is surrounded by countries with such political dispensations.'
India recorded the highest monthly exports during the fiscal in February, registering an 11.9 per cent growth to $41.4 billion, mainly driven by increased shipments of engineering goods, electronic items and pharma products. The trade deficit during February worked out to $18.7 billion, up from $16.57 billion in the year-ago month, as gold imports surged significantly. Merchandise imports were valued at $60.11 billion, up 12.16 per cent compared to $53.58 per cent in February 2023.
Dr R J Rathi, the doyen of Indian chemical industry and executive chairman of Sudarshan Chemical Industries Ltd passed away in Pune Thursday after a brief illness. He was 78 years old.
Did the Indian government guarantee Dow Chemicals, the parent company of Union Carbide, that it will not be held liable for the Bhopal gas tragedy?
As Modi's government embarks on its third term, apart from ensuring these schemes boost India's green mobility, addressing bottlenecks like battery swapping and meeting PLI deadlines are likely to be the government's major tasks.
Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.
He was reviled by critics in his party as a neo-liberal in disguise but till the end, he retained his belief in secularism and the humanity of Communism.
Gaffe-prone Spicer apologised on national television on Tuesday for comparing the Nazi leader with Syrian President Bashar al Assad
Reaffirming its stand, the International Olympic Committee Wednesday rejected calls from the Indian Government to drop Dow Chemicals as sponsor of the London Games because of its links to the 1984 Bhopal gas tragedy.
Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent on Tuesday, hitting an intraday high of Rs 2,986.05 per share, after most brokerages reacted positively to the company's March quarter (Q4FY24) results. The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical.
An exclusive excerpt from The Tatas: How A Family Built A Business And A Nation.
Police said there were intelligence inputs that attempts would be made to trigger violence during the match, because of which it was cancelled.
Syria has vehemently denied the use of chemical weapons in an attack on the eastern suburbs of Damascus, which the opposition Syrian National Coalition claimed killed 650 people.
Mansukh Mandaviya replaced Anurag Thakur in Prime Minister Narendra Modi's new cabinet.
'...you evaluate three key factors before committing your money.'
The Delhi high court has directed a Noida resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her.
Locals -- more so in the area broadly called Nandigram lying across the minor Haldi River from Haldia -- fear a fresh round of land acquisition, as the state government pushes ahead with its petroleum, chemical and petrochemical investment region plans with Indian Oil Corporation and Calc Refinery Ltd as its anchor tenants. The PCPIR is one of the Left Front government's showcase projects in its efforts to accelerate growth in the state.
The fire was preceded by a blast and soon it spread to nearby buildings, including a drug rehabilitation centre and eight shops.
India Inc has reported a muted start to the financial year 2024-25, with a decline in net earnings and a modest single-digit uptick in revenues. An analysis of 488 companies that have released their results for the June 2024 quarter reveals a 1.6 per cent year-on-year (Y-o-Y) drop in combined net profit -- the weakest performance in the past seven quarters. In stark contrast, the combined net profit of these companies experienced a 13.6 per cent Y-o-Y increase in the previous quarter (Q4FY24) and a 65.2 per cent Y-o-Y rise in Q1FY24.
MDH Spices has denied allegations that its products have traces of cancer-causing agent ethylene oxide (ETO), calling them "untrue" and "lacking any substantiating evidence." "Amid speculations doing rounds that there is presence of ETO in our products, we clarify and state unequivocally that these claims are untrue and lack any substantiating evidence," a statement released by the company said.
As order books gain from India's increased capital outlay, some large capital goods and engineering companies are together spending over Rs 11,500 crore in creating new facilities, data shows. Nine engineering and capital goods companies, where data was available, including Siemens, Larsen & Tourbo (L&T) and KEC International, have a combined capital expenditure (capex) of about Rs 11,500 crore or more. Others such as ABB India and Thermax Global are also adding capacities.
The wholesale price index-based inflation remained in the negative territory for the sixth straight month in September at (-)0.26 per cent, on easing prices of food articles. The WPI-based inflation rate has been in the negative since April and was (-)0.52 per cent in August. In September last year, it was 10.55 per cent.
Weighed down by the oil-to-chemicals (O2C) business, Reliance Industries (RIL) results for the April-June quarter (Q1) of 2024-25 (FY25) missed Street estimates. A 14 per cent fall in the O2C segment's operating profit compared to the year-ago quarter and a 22 per cent sequential decline pulled down the consolidated performance. The O2C segment accounts for a third of the overall operating profit and about 60 per cent of the attributable consolidated profit.
Increased production of pulses, oilseeds, and cereals will help boost domestic supplies and contribute to keeping inflation low in the coming months.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
The strong message from the prime minister is of continuity of policies he considers right with strong emphasis on execution, points out T N C Rajagopalan.
Soy Sauce contains a chemical that may cause cancer, according to a food regulator. Food Standards Australia New Zealand (FSANZ), the governmental body responsible for developing food standards for Australia and New Zealand, says that ethyl carbamate (EC) is found in many common foods including soy sauce.
The Centre is considering a proposal on increasing coverage under the Ayushman Bharat scheme to Rs 10 lakh from the current Rs 5 lakh.
Britain's wealthiest family, the Hindujas, have said they were 'appalled' by a Swiss court's ruling of jail terms for some members and have filed an appeal in a higher court challenging the verdict finding them guilty of exploiting vulnerable domestic workers from India at their villa in Geneva.
rediffGURU Geeta Ratra offers expert advice on international courses, student visas, immigration processes and more.
'The life of his political career is dependent on success in this constituency.'
Coal India looks set to achieve its 2024-25 (FY25) production targets. If it can achieve its aim of ramping up Fuel Supply Agreement (FSA) and e-auction volumes, along with cost-saving, evacuation and infrastructure-improvement projects, the company could maintain its momentum as a critical infrastructure and core industry performer. Analysts estimate e-auction volumes of 108 million tonnes (MT) in FY25 and 120 MT for FY26, which is encouraging given the premium of e-auction prices which are consistently over 50 per cent higher than FSA.
Indian Oil Corporation signed an agreement with West Bengal government on Wednesday for setting up a world class petroleum, chemical and petrochemical hub at Haldia.
