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Probing irregularities in coal blocks allocation, the CBI raided the business premises of the five companies, while the BJP termed the introduction of promotion quota bill as a diversionary tactic by the Congress to take away attention from the coal scam.
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Coalgate verdict What affected firms have to say. Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue.
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2020-7-7The Enforcement Directorate ED today said it has attached over 348 acres of land in Madhya Pradesh, valued at about Rs 4.53 crore, in connection with its money laundering probe in the coal.
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2020-7-4The economy of India is characterised as a developing market economy. It is the worlds fifth-largest economy by nominal GDP and the third-largest by purchasing power parity PPP. According to the IMF, on a per capita income basis, India ranked 139th by GDP nominal and 118th by GDP PPP in 2018. From independence in 1947 until 1991, successive governments promoted protectionist.
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The worst-hit is JSPL as it has the largest number of operational captive mines, which produce 12 mt coal every year. According to Kamlesh Bagmar, senior research analyst, institutional equities.
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2012-3-23The coal allotment scam is a major scam. We demand a CBI probe and a court should monitor the probe. It is a government of scamsters that is involved in knee-deep corruption.
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Probing irregularities in coal blocks allocation, the CBI raided the business premises of the five companies, while the BJP termed the introduction of promotion quota bill as a diversionary tactic by the Congress to take away attention from the coal scam.
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Government files affidavit in coal block scam Everything you need to know about it The government has filed an affidavit in the Supreme Court in the coal block allocation case regarding all the 218 mining allocations that the apex court has brought under the scanner. The government has also filed an affidavit to give relief to the 46 coal mines, of which 40 are functional and six are about.
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2020-4-17According to the BP Statistical Energy Survey, Australias total coal reserves are estimated at 76,600 million tons. In terms of production, the Australian coal industry accounts for 6 of the worlds black coal production. Since 2003-2004, Australias black coal production has been growing at a consistent rate of 3.2.
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Apologists for empire like to claim that the British brought democracy, the rule of law and trains to India. Isnt it a bit rich to oppress, torture and imprison a people for 200 years, then.
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Between 2014-15 and 2018-19, the Indian economy under Prime Minister Modi grew at a superior yearly run rate of 7.4 per cent despite the emerging market space growing by 4.52 per cent. The recent 4.5 per cent GDP print for September 2019 quarter for India has, however, reignited the Modinomics versus Manmohanomics debate.
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Probing irregularities in coal blocks allocation, the CBI raided the business premises of the five companies, while the BJP termed the introduction of promotion quota bill as a diversionary tactic by the Congress to take away attention from the coal scam.
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GST is the Brahmastra for the Indian economy. 2017-2018 will be one of the best years for the country. The wheel has finally started moving in the right direction. It should pick up momentum.
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Government files affidavit in coal block scam Everything you need to know about it The government has filed an affidavit in the Supreme Court in the coal block allocation case regarding all the 218 mining allocations that the apex court has brought under the scanner. The government has also filed an affidavit to give relief to the 46 coal mines, of which 40 are functional and six are about.
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2020-6-12The Supreme Court on Monday said the entire allocation of coal blocks as recommended by the Screening Committee and the allocations made through the.
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Coronavirus Nobel winner Abhijit Banerjee discusses Indian economy with Rahul Gandhi 4820 Coronavirus Confirmed cases cross 40,000-mark, Maharashtra remain worst affected with.
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Shares in Indian industrial groups including Adani Power and Tata Power surged on Monday, after the countrys government argued that they should be allowed to keep coal mining rights declared.
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While the CBI in its closure report has recommended banning of Bhatia International from government supplies. The Central Bureau of Investigation CBI has closed a corruption case pertaining to supply of low quality Indonesian coal to NTPC Ltd and NTPC-SAIL Power Corporation Ltd NSPCL by Indore-based Bhatia International Ltd now known as Asian Natural Resources India Ltd resulting in.
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The CBI, which has issued arrest warrant against Bhshan Steels managing director Neeraj Singhal for bribing Jain, says the company has taken loans of Rs 40,000 crore from 51 banks. The coal ministry has also issued a showcause notice to Bhushan Steel for not being able to develop four coal blocks allotted to it between 2003 and 2008.
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Read more about Neyveli Lignite bags Talabira II, III coal blocks on Business Standard. The Ministry of Coal MoC has decided to allocate the Talabira II and III coal blocks located in Odisha to Tamil Nadu government owned Neyveli Lignite Corporation NLC.The coal blocks have been awarded in sync with the provisions of Section 5 1.
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While the CBI in its closure report has recommended banning of Bhatia International from government supplies. The Central Bureau of Investigation CBI has closed a corruption case pertaining to supply of low quality Indonesian coal to NTPC Ltd and NTPC-SAIL Power Corporation Ltd NSPCL by Indore-based Bhatia International Ltd now known as Asian Natural Resources India Ltd resulting in.
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2019-11-21Big Scam Congress Stages Walkout In Lok Sabha Over Electoral Bonds Under the electoral bonds scheme, the government has offered complete anonymity to those making donations.
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The coal allotment scam also referred to as Coalgate scam is the largest scam so far reported in India amounting to the tune of approximately INR10 lakhs crore. The disclosure of scam by Comptroller and Auditor General CAG caused huge uproar in parliament, media as well as in the public and is supposed to be one of the major reasons behind.
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2020-6-30Therefore, just transition for affected workers will be of particular importance. Today, 17 per cent of the Indian coal fleet is uncompetitive compared with renewables with storage, and the immediate phase-out and replacement of this portion of the fleet could bring India 2.
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A case in point is the aftermath of Indian coal scam of 2012 that revealed how a large number of coal blocks in India were allocated at massively low prices to certain private industries. The industries went on to invest vast sums of money into building thermal plants that were expected to run on the coal mined from the allocated blocks, all.
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