"Some more coal blocks would be de-allocated," Coal Minister Sriprakash Jaiswal told reporters after attending a meeting on infrastructure projects convened by Finance Minister P Chidambaram.
Under attack from the Bharatiya Janata Party on the coal block allocation issue, the government on Tuesday said the policy followed by it in allotting the mines was "100 per cent correct" and those who resorted to wrongdoing will go to jail.
The heightened activity on permissions to power and mining projects, which had been stuck for long, coincides with the run-up to a likely reshuffle of the council of ministers this month.
India's growth and success is guaranteed, he said propagating his idea of making the country self-reliant by cutting imports.
On Monday, Greenpeace activist Brikesh Singh will leave the tree house close to the Tadoba-Andhari Tiger Reserve in Maharashtra, where he has spent nearly a month protesting against the brutal sacrifice of forests, wildlife and forest dwellers for coal.
In a stinging attack on the Comptroller and Auditor General, the Congress on Monday alleged the government auditor was as much responsible as the Bharatiya Janata Party for the disruption of the just-concluded monsoon session of Parliament on the coal mine allocation issue.
Chinese President Hu Jintao and Premier Wen Jiabao have directed southern China's Guangdong provincial government to make all out efforts to rescue 102 miners who remain trapped in a flooded coal mine.\n\n
Amid the raging row over coal block allocation, as many as 90 mines face the threat of de-allocation as these are under scanner for non-production. Of these, 58 coal blocks are in the immediate focus with an Inter-Ministerial Group set to decide their fate on Monday.
Consumer electronics major Videocon Industries has decided to diversify into generation and supply of power and mining of minerals, including coal.
The Inter-Ministerial Group on coal blocks on Saturday decided to recommend cancellation of two mines awarded to Bhushan Steel and SKS Ispat & Power, and forfeiture of bank guarantees for two other blocks.
It said the authorities were making all efforts to save the lives of these persons and the Indian Navy and planes and helicopters of the Indian Air Force have been deployed in the rescue operation.
Shree Jagannath Sena, a Puri-based outfit, submitted a memorandum to the President, seeking her intervention to facilitate the process of bringing back the Kohinoor diamond to the 12th-century shrine.
Hitherto considered as the unchallenged leader of ruling Biju Janata Dal, Chief Minister Naveen Patnaik was jolted by a whiff of revolt in 2012, as the year also witnessed a spate of abductions in Odisha with Maoists using them as a new weapon to clinch their demands.
Bharatiya Janata Party MP Hansraj Ahir, who has been at the forefront in exposing the scandalous free allotment of coal blocks by the United Progressive Alliance, explains the modus operandi of the coal scam in the second and final part of his interview with rediff.com's Sheela Bhatt.
The Supreme Court Monday sought the stands of the Centre and the Odisha government on allegations that authorities had indulged in corruption in giving a coal block, allocated to the state mining corporation in 2003, to a private firm.
Refuting the Army's contention that the incident was a result of mistaken identity, he said, "The ambush site was barely few metres away from the coal mining site and the villages are nearby. How could they lay an ambush so close to civilian residences?"
"We will complain. He can meditate, but televisions cannot show it," she said, alleging that this will amount to "violation of the MCC."
Coal India is transporting extra volumes of coal to power plants ahead of a five-day worker union strike that threatens to cut much of its per-day output of 1.6 million tonnes.
The provision in the new mining bill approved by a group of ministers last week for 26 per cent profit sharing by mining companies with affected residents of the area they operate in hasn't been welcomed by many in the sector.
It is not certain whether management theories have a role in modern society. In fact, some of them need to be reconstructed.
Striking another major deal in less than four months, Adani Power on Mondayentered into a binding agreement with Gautam Thapar-led Avantha Group to buy out its 600 MW Korba West unit for more than Rs 4,200 crore.
'Earlier, a lot of fear was in the minds of people that the BJP is anti-Christian and anti-minority, but over the years people have learnt to accept that the BJP is just another national party.'
A joint forum of central trade unions has given a call for a nationwide strike on March 28 and 29 to protest against the government policies affecting workers, farmers, and people.
In the October-December quarter (Q3) of FY24, Hindalco reported flat consolidated revenue year-on-year (Y-o-Y) at Rs 52,800 crore. Copper revenue rose due to higher shipments and better Average Selling Price (ASP). Revenue from the aluminium vertical and Novelis declined 3 per cent and 6 per cent Y-o-Y, respectively.
When word gets around that favouritism is de rigueur, it keeps away serious bidders and also ensures that the winners feel they can get away with shortchanging the country.
'This country has become cynical, the country has lost hope. Prime Minister Narendra Modi is getting back hope in this country.' 'We are deconstructing the past which had corruption, inefficiency, policy paralysis, a tottering economy where investors had lost confidence, and people had become cynical. We are changing that, we are bringing confidence back to the people of India.'
"Independence means if government has done something wrong, you say it's wrong. But at the same time, you should have courage when the government is doing the right thing every day. You have to also say that," he Gautam Adani was quoted as saying by FT.
Central Bureau of Investigation on Friday registered a fresh case against a Nagpur-based company for alleged irregularities in the allocation of coal block during the NDA regime in 2003.
India's largest private sector power producer, Tata Power Company, has called off its plan to sell 15 per cent stake in two special purpose vehicles (SPVs) owning coal mines in Indonesia to private equity (PE) firm Olympus Capital for $300 million (Rs1,392 crore).
The Bharatiya Janata Party on Saturday said a letter to Team Anna on the coal mining issue is not the need of the hour and the government should order a full-fledged probe into the scam to bring out the truth. "We feel that just a letter from the PMO to Team Anna on Coalgate is not enough. A thorough probe is required. Even when the 2G spectrum scam took place, the PMO and Cabinet ministers said there was zero loss," BJP spokesperson Shahnawaz Hussain said.
GMR Infra's exit from this project, expected this year, will mark the company's waning global presence after a very aggressive expansion.
Odisha's Health and Family Welfare Minister Naba Kishore Das died of bullet injuries on Sunday, Apollo Hospital officials said.
Mining Minister Dinsha Patel, who piloted the Bill in the House, says the attempt is to let the mining projects not get scuttled by the locals.
State behemoth Coal India, the world's largest coal miner, has failed to raise its output fast enough to meet demand, and millions of Indians still go without power.
A total of 86 metres have to be drilled vertically to prepare an escape passage. Pipes of 1.2 metres in diameter have to be laid vertically through the top of the tunnel on which work began on Sunday as a second option to reach the stranded labourers.
Even as the Bharatiya Janata Party paralyses Parliament on the allocation of coal blocks by the Centre, its own government in Chhattisgarh had come under attack from Comptroller and Auditor General for allocating coal blocks at 'abnormally low' rates that led to a loss of over Rs 1,052 crore.
He is known for his paperless style of working.
The Centre on Thursday admitted before the Supreme Court that something went wrong with the coal blocks allocation and that it could have been done in a more refined manner.
Efforts to retrieve the body would continue on Wednesday.
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