The second edition of the Coal India Open golf tournament is set to begin in Kolkata, featuring a strong field of leading Indian and international professionals competing for a prize purse of Rs 1 crore. Defending champion Angad Cheema and other notable golfers will participate at the Tollygunge Club.
Om Prakash Chouhan has taken the opening-round lead at the Rs 1 crore Coal India Open in Kolkata, delivering a spectacular eight-under 62. His impressive performance included a hole-in-one and an eagle, giving him a one-shot advantage over former Asian Tour winner Ajeetesh Sandhu.
Delhi golfer Kshitij Naveed Kaul secured a one-shot clubhouse lead with a four-under 66 in the second round of the Coal India Open at Tollygunge Club before heavy rain forced the suspension of play. Akshay Sharma is in second, with Om Prakash Chouhan and Saptak Talwar tied for third.
The Indian coal ministry announced that 147 commercial coal blocks auctioned since 2020 are expected to attract approximately 55,000 crore in capital investment, generate 490,000 jobs, and contribute significantly to state revenues.
Shaurya Bhattacharya fired a five-under 67 to extend his lead to three strokes at nine-under 135 on day two of the Kolar Open. The Delhi golfer made six birdies against a lone bogey, showcasing strong ball-striking and adapting well to windy conditions. Mohd Azhar is his nearest challenger, while other notable players like Arjun Sharma, Angad Cheema, and Badal Hossain are tied for third.
The PM-elect wants to fix the coal sector; cut coal imports by boosting output.
Back when India moved slowly, every window seat came with a view, and every rail journey came with excess baggage - food, fears, family drama, points out Ajanta Krishnamurthy.
India Inc's first-quarter earnings season was significantly impacted by the West Asia conflict, leading to rising costs, calibrated price increases, and margin pressures across various sectors including FMCG, automotive, steel, and cement. Companies are implementing price hikes to protect profitability, with many anticipating further escalations if input costs remain elevated.
Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.
The National Stock Exchange (NSE) is set to launch India's largest initial public offering (IPO), estimated at Rs 30,000 crore. This mega public issue will surpass previous records held by Hyundai Motor India and Life Insurance Corporation of India (LIC), marking a significant event in the Indian stock market. The move comes as India's primary market shows signs of recovery after a period of slowdown.
Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.
Coal and Mines Minister G Kishan Reddy announced that seven coal gasification projects will be established in Maharashtra, Odisha, and West Bengal with a Rs 64,000 crore investment, aiming to reduce India's reliance on energy imports.
India's first hydrogen-powered train, to be flagged off by Prime Minister Narendra Modi from Haryana's Jind railway station on Friday, is equipped with multi-layer safety systems capable of detecting hydrogen leaks, heat, flames and smoke.
The United States and India are on the verge of finalising a landmark bilateral trade deal, aiming to boost trade to USD 500 billion by 2030, according to US Deputy Assistant Secretary of State Bethany Poulos Morrison. The agreement seeks to open India's 1.4 billion-strong market to American goods on reciprocal terms, with ongoing high-level discussions to recalibrate the pact after recent changes in US tariff policy.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
India's peak power demand is projected to hit 270 GW this summer, surpassing last year's record of 250 GW.
'We can integrate AI and tech into education, but that is just a means and not an end.' 'Ultimately, we need to control what happens in a classroom and we need to let teachers innovate their teaching style to suit the needs of Gen Z and beyond.'
The Indian stock market mythos of 36 years is wrapped in a diaphanous negligee, lashed together by a delicate, etheric sash of 1.6 bull markets. To make money from here on will require a ground invasion, trench by trench, rather than carpet bombing. Way more difficult, points out Shankar Sharma.
State-owned Life Insurance Corporation of India (LIC) has reported a net profit of over Rs 23,400 crore for the January-March quarter, making it the highest profit-making firm in the Indian financial sector during this period, surpassing major banks like SBI and HDFC Bank.
India and Australia have signed significant agreements covering civil nuclear energy, maritime security, and critical minerals, reinforcing their partnership's role in ensuring a peaceful Indo-Pacific. The pacts facilitate uranium supply from Australia to India and enhance cooperation in defence, cyber, and critical technologies.
Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.
'Exploration should be made easier and companies should be given operational flexibility.'
Villagers protesting against the expansion of a coal mine clashed with police in Chhattisgarh's Surguja district, resulting in injuries on both sides. The protest stems from opposition to the Amera extension coal project of South Eastern Coalfields Limited (SECL), despite the land acquisition process being completed in 2016.
Five diamonds, including two of gem quality, have been discovered during scientific exploration in Chhattisgarh's Mahasamund district. This significant find in the Baloda-Belmundi Diamond Block could establish a new diamond-bearing region, promising future investments, revenue generation, and employment opportunities for the state and strengthening India's domestic diamond resources.
India and New Zealand are poised to sign a free trade agreement (FTA) on April 27 in New Delhi, aiming to provide tariff-free access for Indian goods to New Zealand's market and attract USD 20 billion in investment over the next 15 years.
Nikhat Perveen, who is fondly called Chunchun by her family, was very emotional while writing this feature about her beloved father. As you read this Father's Day special, you will realise why.
This is the time for India to plan forward fully, with the goal of Atmanirbharata, and energy security. The Persian Gulf is no longer a reliable source, points out Rajeev Srinivasan.
Zama, however, said the unions would keep resisting any move that could undermine the position of Coal India.
Western Coalfields Limited (WCL) has discovered significant concentrations of rare earth elements and critical minerals in its mines in Maharashtra, potentially transforming waste material into revenue-generating resources and diversifying the company's business.
Coal India achieved a staggering production of 536.51 million tonnes during the financial year ended March 31, 2016
The issue, through which the Centre will be divesting 10 per cent of its stake, garnered applications for 5,67,40,450 shares within the first hour of opening.
Way before the rains arrived at Talwandi Sabo Power plant in Punjab, the one check the coal ministry was carrying out was the availability of coal stock with the generator. Talwandi Sabo Power Limited (TSPL), the 1,980-Mw thermal power plant of Sterlite Energy, part of the Vedanta Group, which supplies about 15 per cent of Punjab's power, is one of the most difficult locations to manage coal supplies. It is nearly 1,700 km from the mines of Mahanadi Coalfields in Odisha, the longest coal route in India and possibly the trickiest as it cuts through the traffic heavy rail lines between Delhi and eastern India.
This is because the government's move might dim the possibility of taking over the 42 blocks permanently.
The government is selling over 18.62 crore shares or 3 per cent in Coal India at a floor price of Rs 266 apiece.
Investigators probing the murder of Chandranath Rath, a close aide of West Bengal CM Suvendu Adhikari, have found a key lead in the form of a UPI transaction made at a toll plaza in Howrah.
Tata Steel is strategically positioned for growth, leveraging India's robust steel demand, significant cost transformation programmes, and favourable protectionist policies in the EU and UK. The company is expanding its India capacity and optimising operations in its European units to enhance profitability and reduce debt.
Commerce and Industry Minister Piyush Goyal announced that an interim trade agreement between India and the US is likely to be signed in March and operationalised in April, with chief negotiators meeting in Washington to finalize the details.
Bankers claim they have received good response to the roadshows held abroad for Coal India, IndianOil and PowerGrid.
Prime Minister Narendra Modi launched a scathing attack on the TMC, accusing the party of looting West Bengal for 15 years, destroying the state's identity through corruption and infiltration, and turning Jadavpur University into a symbol of disorder.
Prabhu-led advisory group also suggests JVs with mining and infra firms.
