Amidst ongoing efforts towards dewatering the ill-fated Bansgarha mine of Central Coalfields Limited in Jharkhand in which 14 miners are trapped, the defence ministry has been requested to send naval divers to bolster the rescue operation.
On a day he was promoted to the Cabinet rank, Union Coal Minister Sriprakash Jaiswal promised bringing about revolutionary changes in his ministry aimed at fast-tracking the coal reforms process.
There are allegations that the Congress-ruled Chhattisgarh govt is putting pressure on South Eastern Coalfields to not renew the contract with Sainik Mining whose promoter Rudra Sen Sindhu is the son-in-law of the late Sahib Singh Varma, a BJP leader and former chief minister of Delhi.
PSUs will get direct allotment.
The monthly electricity bills of the majority of domestic consumers in Delhi -- who use more than 200 units and up to 600 units -- will be hiked by up to Rs 265 due to an increase in the power purchase adjustment cost (PPAC) levied by discoms in the city, officials said on Monday.
Earlier this year, the Union Cabinet gave the management of state-run companies the freedom to decide on divesting their subsidiaries. However, the very next day a meeting was held at the top level of the Government of India, for the presentation of proposals for more autonomy for state-run companies. Interestingly, no chiefs of any of these companies were invited. It is a problem that will stare the government in the face with the state-owned banks too, as talks have again begun for inviting strategic investments in these companies.
The fact that the government has no specific deadline to impose this policy was revealed through a response to an RTI application in February 2017.
The Central Bureua of Investigation sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm.
Proceedings in Rajya Sabha were repeatedly disrupted on Wednesday due to uproar over demand for Gujarat Chief Minister Narendra Modi's resignation and missing coal files, on which the Bharatiya Janata Party targeted Prime Minister Manmohan Singh.
The government has agreed to remove coal from the list of essential commodities in the Essential Commodities Act, the Lok Sabha was informed on Thursday.
Growth of eight key infrastructure sectors rose to 8 per cent in July 2023 compared to 4.8 per cent in the same month last year on expansion in production of coal, crude oil, and natural gas, according to the official data released on Thursday. Production of steel, cement and electricity also grew in July, the data showed.
Coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that the NDA's e-auction of coal blocks will not solve the fundamental problems that dog the industry.
Former Prime Minister Manmohan Singh is said to have been examined by Central Bureau of Investigation in the coal block allocation case relating to Hindalco but neither he nor the agency was willing to confirm it.
Prime Minister Manmohan Singh will make himself available to the Central Bureau of Investigation in the coal-gate investigation if a formal request is made, Union minister Kamal Nath said on Sunday.
Additional Solicitor General Haren Raval, who sparked a controversy by telling the Supreme Court that the Central Bureau of Investigation status report on Coalgate was not shared with the government, resigned on Tuesday from his post, the first head to roll on the issue.
Additional Solicitor General Haren Raval, who sparked a controversy by telling the Supreme Court that the Central Bureau of Investigation status report on Coalgate was not shared with the government, resigned on Tuesday from his post, the first head to roll on the issue.
Agency seeks details of the period when Sushilkumar Shinde headed the ministry
This is the first coal scam case in which the special court has delivered its judgement.
"We are in interactions with the Ministry of Steel for SAIL, we are in interactions with the Coal Ministry on Coal India. On BSNL also, we are in interaction with the IT and Communication Ministry."
Govt has allowed transfer of clearances granted to the previous allottees to new owners.
The growth of eight key infrastructure sectors rose to a 14-month high of 12.1 per cent in August 2023 against 4.2 per cent a year ago, mainly due to expansion in production of coal, crude oil, and natural gas, according to the official data released on Friday. The expansion in August is the highest since June 2022, when it was 13.2 per cent. The production of refinery products, steel, cement and electricity also grew in August, the data showed.
Many power firms, including NTPC -- the largest consumer of Coal India -- have refused to sign the supply pacts as they are opposed to certain clauses like minimum assured supply and the penalty to be paid by the state-owned coal producer, in case it fails to meet the commitment.
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.
Former top bureaucrats have come out in support of ex-coal secretary P C Parakh, who has been named by the Central Bureau of Investigation in the coal blocks allocation scam, warning that harassment of honest officers will erode the government's credibility and stop senior officers from taking decisions.
Letters for deallocation of 13 private coal blocks to their owners are likely to be sent soon after the law ministry gives its go-ahead, Coal Minister Sriprakash Jaiswal said on Friday.
Prime Minister Manmohan Singh on Friday made a scathing attack on the Bharatiya Janata Party in the Rajya Sabha, accusing them of hurting investors' sentiment by repeatedly disrupting Parliament, triggering a war of words.
SC judges suspected a lack of objective criteria in the selection.
With a spate of clearances, including relief to companies facing delays in development of coal mines, the government is getting its act together.
This follows an hour-long meeting Jaiswal had with Environment and Forest Minister Jairam Ramesh for resolving major issues hurting coal production.
The Ministry of Finance may seek the Union Cabinet's approval for the proposed 10 per cent stake sale in state-owned Coal India Ltd by the end of this month, a senior Coal Ministry official said
Coal ministry says Sasan coal cannot be used for other plant.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.
Union minister for coal and mines Mamata Banerjee on Monday announced 15 per cent interim relief for coal miners and employees and said no collieries would be closed and no retrenchment would be made.
The PM-elect wants to fix the coal sector; cut coal imports by boosting output.
Production of eight infrastructure sectors recorded an almost flat growth rate of 6 per cent in February as against 5.9 per cent in the same month last year, according to official data released on Friday. The growth in February is lowest in the last three months. The output of core sectors had increased by 8.9 per cent in January 2023 and 7 per cent in December 2022.
In a bid to break the monopoly of public sector over coal, the government proposed to introduce legislative changes allowing for private mining while liberalising norms for allotment of captive blocks permitting trading of coal.
Euphoric about India's biggest IPO, possibly to garner up to Rs 15,000 crore, from the world's largest coal producer CIL, Coal Minister Sriprakash Jaiswal on Friday said October is an "auspicious" month to launch the issue.
Arun Bhagat, former Central Bureau of Investigation additional director and Intelligence Bureau retiree tells Gyan Varma that the CBI has never been autonomous, thanks to government interference in cases involving important personalities
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