A majority of early economic indicators lost steam in January 2021, relative to December 2020, partly because of an unfavourable base effect, supply-side issues and price hikes.

CIL on Saturday last formally signed a major procurement pact worth Rs 2,900 crore, for purchase of 96 dumpers of 240 tonne capacity each with Belaz, the Belarus-based mining equipment manufacturer, the PSU said

The company is also pushing ahead for increased production, committed to shoring up the supplies to coal-fuelled power plants

The country had imported 165.35 MT of coal in the year-ago period, according to provisional compilation by mjunction

There was a sudden fall in demand due to the pandemic, which had forced the miner's subsidiaries to slow down production and focus on other works like removal of overburden and strengthening of transportation infrastructure

\"We have already crossed Rs 8,000 crore till December and will definitely surpass the Rs 10,000-crore mark. We will chase the new goal as this will help revive the economy,\" a CIL official said

Against all odds, including the slump in coal demand, the government opened up the country's mining sector for private players by auctioning 19 blocks

Stocks to watch today on December 22: Edelweiss, Dr Reddy, Bank of Baroda, Cyient, Tata Motors, Lupin among others are the top stocks to watch out for in Tuesday's trading session

The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo

Stocks to watch today on December 2: ICICI Bank, YES Bank, Dr Reddy, Wockhardt, Ajanta Pharma, Coal India, Vodafone among others are the top stocks to watch out for in Wednesday's trading session

Four trade unions of Coal India will hold one-day strike on November 26 against the commercial mining of coal

Stocks to watch today on November 9: RIL, Biocon, Adani Gas, Maruti Suzuki, ITC, Ashok Leyland among others are the top stocks to watch out for in Monday's trading session

To begin with, the company is looking at a $2-billion investment, similar to the one Air Products recently announced to set up in Indonesia, said Richard Boocock, Senior Vice-President and Chief Information Officer of Air Products

Coal India had produced 39.5 MT of coal in the corresponding month of the previous fiscal

The recovery in GST e-way bills, electricity, petrol and diesel in September 2020 provides a meaningful pointer to a broader economic revival, ICRA said in its monthly economic review for September

Despite the announcement, the share price of L&T opened at day's high of Rs 918.80 and later touched an intraday low of Rs 905 on BSE, falling 1.8% against the last closing of Rs 921.95

Also, the first five months of the current fiscal saw 32.51 per cent decline in coal import at 73.08 MT, over 108.29 MT during the year-ago period

The coal behemoth said that 18 mining projects with a total rated capacity of 132.04 million tonnes per annum and a total investment of Rs 21,244.55 crores were approved by the board of CIL and its arms during 2019-20

Consumption of coal by end-user industries also improved marginally from 54.2 MT in May to 56.7 MT in June 2020, though, on a year-on-year basis consumption of coal in June was lower by 19.8 per cent

Western Coalfields has offered additional quantity of coal to various power generation companies of central, west and south regions at a cheaper landed price