Mar 18, 2016 08:00 AM IST
Speaking on the occasion, Coal and Power Minister Piyush Goyal said the portal symbolises the level of transparency that the government has promised to people and represents co-operative federalism of all the stakeholders.
- Mar 18, 2016 07:55 AM IST
Asian markets were trading mostly higher on strong handover from US and as oil prices climbed. The Shanghai Composite was up 0.68 percent while the Hang Seng was up 0.40 percent. A stronger yen, however, continued to weigh on Japan's shares. The Nikkei 225 was down 1.58 percent.
- Mar 17, 2016 10:12 AM IST
Of the 16 blocks "earmarked for State Public sector Undertakings for sale of coal", five mines are in Madhya Pradesh, three in Telangana, two blocks each in Chhattisgarh, Jharkhand and Maharashtra, and one each in Odisha and West Bengal, according to an order of Coal Ministry.
- Mar 16, 2016 07:14 PM IST
Public sector units (PSUs) such as Nalco and Hindustan Copper Ltd have proposed to invest more than Rs 10,000 crore in the mining sector, Parliament was informed today.
- Mar 14, 2016 01:18 PM IST
Transfer pricing will be decided post Parliament nod for MMDR amendment.
- Mar 10, 2016 07:46 AM IST
The committee formed almost a year back is co-chaired by Joint Secretaries of both Ministry of Coal and Ministry of Power, an official said.
- Mar 09, 2016 08:58 PM IST
The Centre has decided to allocate eight to ten coal blocks to PSUs, be it state or central, for commercial mining once the Assembly elections are over.
- Mar 08, 2016 09:18 AM IST
Last month, Steel and Mines Minister Narendra Singh Tomar had said his ministry has identified 100 mineral blocks for exploration, which will be offered to the private sector once the government notifies National Mineral Exploration Policy (NMEP).
- Mar 04, 2016 09:10 AM IST
"To facilitate liquidation of pit head coal stock, CIL has offered 10 MT (million tonnes) and 4 MT of coal under special e-auction to power sector and non-power sector consumers respectively, in line with directions of government," Coal and Power Minister Piyush Goyal informed the Lok Sabha in a written reply.
- Mar 02, 2016 09:16 PM IST
Budget 2016-17 raised customs duty on primary aluminum to 7.5 percent from 5 percent, while the levy on other aluminum products was hiked to 10 percent from 7.5 percent
- Feb 24, 2016 02:14 PM IST
"Once financial position of the discoms improve with Uday scheme they will draw more power which in turn will lead to higher demand for coal in six months," Coal secretary Anil Swarup said here today on the sidelines of 6th Asian Mining Congress organised by MGMI.
- Feb 16, 2016 09:00 AM IST
Speaking at the ongoing Make in India Week, Piotr Glinski, who has come with a delegation of Polish companies, said the country is keen to assist India in solving the issues related to coal and power.
- Feb 15, 2016 08:12 PM IST
The Coal Mines (Special Provisions) Act, 2015 permits private coal mining companies to sell coal in the open market. Earlier, private companies could utilise allocated coal mines only for their own industries.
- Feb 11, 2016 03:18 PM IST
The company had posted a net loss of Rs 11.42 crore in the corresponding quarter of the previous fiscal.
- Feb 04, 2016 03:27 PM IST
Under the direct tax regime, one-tenth of the expenditure on prospecting, extraction and production of mineral during 5 years ending with the first year of commercial production is allowed as a deduction from total income.
- Feb 02, 2016 08:00 PM IST
For the first time in over 40 years, the government is throwing open the coal sector for commercial mining, which at present is being undertaken by the central PSU Coal India.
- Jan 11, 2016 03:30 PM IST
Meanwhile, the mines ministry may also move Cabinet note on MMDR Amendment, which will allow transfer of mining leases for captive mines.
- Jan 06, 2016 12:16 PM IST
AK Bajoria, President and Director, JK Tyre says tyre imports into India amounts to 25-30 percent in the truck/bus radial segment and upto 45 percent in the passenger car space.
- Jan 05, 2016 10:10 PM IST
In an interview with CNBC-TV18's Menaka Doshi, CCI chairman Ashok Chawla promised faster clearance of M&A deals and offered a glimpse into the pending revisions in merger control regulations
- Dec 28, 2015 07:51 AM IST
Domestic M&A volume in Asia-Pacific also hit a record high of USD 947.9 billion, accounting for 81 percent of the region's USD 1.16 trillion total, Dealogic said.
- Dec 24, 2015 12:01 PM IST
Government will soon come out with a coal linkage policy to ensure supply of fossil fuel and a new tariff policy aimed at boosting regulatory mechanism for discoms and attracting investments.
- Dec 18, 2015 09:41 AM IST
"A section of truck owners' association is demanding a rate of Rs 17.63 per km while the mining firms, already reeling under the impact of a meltdown in iron ore prices and plethora of taxes, have offered to pay Rs 8 per km," the firm said in a statement.
- Dec 17, 2015 11:12 AM IST
The government cleared allotment of coal blocks to PSUs for the sale of the fossil fuel mainly to medium, small and cottage industries and a policy for developing Underground Coal Gasification in coal and lignite areas.
- Dec 16, 2015 10:17 PM IST
In an interview to CNBC-TV18, coal secretary Anil Swarup says the decision was taken as it was difficult for Coal India to supply to the small, medium and micro.
- Dec 15, 2015 11:06 AM IST
Opposing an immediate stake sale in Coal India Ltd, foreign investors have told the Finance Ministry that further disinvestment in the coal miner should be put off as the current market valuation is low.