Coal as first right for India
London-based hedge fund, The Children's Investment Fund, which owns 1 percent of Coal India, the world's largest coal miner, has demanded to engage with on matters related to business and operations of
Resource Digest
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CAG: Govt lost Rs 10.7 lakh crore by not auctioning coal blocks
The CAG is at it again. About 16 months after it rocked the UPA government with its explosive report on allocation of 2G spectrum and licenses, the Comptroller & Auditor General's draft report titled
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Scam of coal blocks sold in black
Unscrupulous businessmen have been minting money at the cost of the industry and the exchequer, thanks to a faulty mining policy, an investigation shows. Many companies which had got coal blocks at various
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We will close down all illegal mines in Goa: Manohar Parrikar
Large miners in Goa, who have been operating in the state for more than 50 years after being granted leases during the earlier Portuguese rule, say the illegal mining started after iron ore prices double
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Occupy the mines, give it to the profiteers; prescription to cure coal shortage
Private investors in India's power generation sector are worried. Fuel shortage is staring at their plants. Consumers are reading with disbelief at the much hyped India growth story - load shedding is
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CAG raises 'red flag' against RIL
The CAG has advised the Oil Ministry to allow Reliance Industries (RIL) to recover expenditure on its eastern offshore KG-D6 field only after it has been audited.
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'Need co-operation of coal-rich states to iron out issues impeding production
In the current scenario where coal shortage has severely impacted power generation, Coal Minister Sriprakash Jaiswal has an onerous task: ensuring that coal production is on target. In an interview, the
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'Pvt sector did not utilise coal blocks'
The private sector has not fully utilised the allocation of coal blocks to them, said a senior official from the Ministry of Power. The official added, private sector would produce only 20 per cent of
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Royalty to the locals is an idea in the positive direction
The chief ministers of India's mineral-rich states are keenly watching the progress of the new Mines and Minerals (Development and Regulation) (MMDR) Bill that was recently approved by the Union cabinet.
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The bogey of green clearances
The environment is holding up growth and economic development in India. This is the common refrain in circles that matter. So when the Group of Ministers tasked to resolve the issue of coal mining in