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Alok Shukla led a successful community campaign that saved 445,000 acres of biodiversity-rich forests from 21 planned coal mines in Chhattisgarh | Latest News India

Coal mining was first cleared under BJP govt, and stalled for a long time till Rajasthan CM met his Congress counterpart in Chhattisgarh in 2022 and tree felling renewed; now the shoe is on the other foot

The Union minister said sunset for the coal industry is a long way off given the rising demand for energy from a growing economy. He confirmed that the government has decided to offer a 50 percent discount on revenue share for underground mining in commercial coal mines and also for coal gasification.

And the good news is that experts believe the rally is still not over.

Coal India shares at at 7 times FY2026 earnings per share (EPS) are attractively valued and the stock offers a high dividend yield of 8-9 per cent, said Sharekhan.

New Delhi,1st January: The Index of Coal Industry has achieved  a growth of 10.9 % (provisional) among eight core industries,  during the month of   November 2023, as per the data released by the Ministry of Commerce & Industries. Coal Sector  ac

The Coal Sector achieved 185.7 points in November compared to 167.5 points, same time last year.

The coal sector achieved 185.7 points in November, compared to 167.5 points, in the same time last year, the release added.

Coal Industry Index Grows from 9.1% in April to 18.4% in October 2023

The coal sector achieved a remarkable 16.1 per cent growth in September, marking a significant uptick in production among the eight core industries,