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UN chief Antonio Guterres’ report refers to Kashmir, Chhattisgarh & Jharkhand | unmissions.org

India should phase out coal plants and end fossil fuel subsidies, UN chief Guterres says

Delivering the 19th Darbari Seth Memorial Lecture, UN General Secretary Antonio Guterres stressed on how clean energy can help economies recover from Covid-19 pandemic.
Coal being loaded in Chandwa, Jharkhand | Representational image | Prashanth Vishwanathan/Bloomberg

Chhattisgarh opposes Modi govt on coal block auction, says move to hit elephant reserve plan

Representatives of 20 gram panchayats in Chhattisgarh have written to Prime Minister Narendra Modi, urging him to halt the coal block auction process.
A file photo of Jharkhand Chief Minister Hemant Soren. | Photo: ANI

‘Modi govt encircled by coterie of businessmen’: CM Soren slams move to auction coal blocks

Jharkhand govt has moved SC over auction of coal blocks. CM Hemant Soren says his govt has not granted clearance to auction of 22 coal blocks in the state.
Coal being loaded in Chandwa, Jharkhand | Representational image | Prashanth Vishwanathan/Bloomberg

All about commercial mining and how it changes the coal production game in India

The Modi govt is hoping commercial coal production will make India self-sufficient and bring down its import bill.
Union Home Minister Amit Shah | ANI

Auctioned coal blocks will create 2.8 lakh jobs, attract Rs 33,000 cr investment: Amit Shah

Shah said in line with Atmanirbhar Bharat, this decision will make India self-reliant in the energy sector by introducing competition and boosting coal production.
Prime Minister Narendra Modi launches the auction process of coal blocks for commercial mining in New Delhi Thursday. | PTI

PM Narendra Modi launches coal auction process for commercial mining

The auction of 41 coal blocks for commercial mining is expected to garner Rs 33,000 crore of capital investment in the country over the next five to seven years.
Daily wage laborers shovel coal into baskets at a limestone quarry in Lower Cherrapunji in Meghalaya| Sanjit Das/Bloomberg

Everyone around the world is ditching coal – except India, China

Appetite for coal is roaring back in Asia, which makes up three-fourths of global consumption & is expected to continue growing after Covid disruption.
A worker is reflected in a puddle as he walks towards a truck at an open cast coal mine in Bastacolla Colliery in Jharia, Jharkhand | Photographer: Sanjit Das | Bloomberg photo

Mineral fund with Rs 23,800 cr can cushion Covid havoc in Odisha, Jharkhand, Chhattisgarh

The District Mineral Foundation funds have nearly Rs 23,800 cr after less than 40% of the amount accumulated over the past five years was spent.
Finance Minister Nirmala Sitharaman | Photo: Suraj Singh Bisht | ThePrint

FM Nirmala Sitharaman announces major reforms in mineral mining sector

Nirmala Sitharaman said 500 blocks of minerals will be auctioned in a composite exploration-cum-mining-cum-production regime.
Daily wage laborers shovel coal into baskets at a limestone quarry in Lower Cherrapunji in Meghalaya| Sanjit Das/Bloomberg

Lok Sabha clears Mines and Mineral Laws Bill, opens up coal sector for commercial mining

The Mines and Mineral Laws (Amendment) Bill also removed the current end-use restrictions, thereby allowing for wider participation and competition in auction.

On Camera

Empty Sheikh Zayed Road during lockdown in Dubai | Bloomberg

What ails Arab economies is older than Covid-19

Dependence on oil and natural-gas exports and an over-reliance on Europe and US as trade partners have made it difficult for the region's integration into the world economy.
A freshtohome advertisement

Bengaluru-based startup FreshToHome raises $121 million from investors, including US govt

FreshToHome is one of the largest players in the $94 billion Indian fish and meat market, processing some 1.5 million orders a month and about $85 million in annual sales.

Defence

A file photo of Defence Minister Rajnath Singh, External Affairs Minister S. Jaishankar, US Secretary of State Michael Pompeo and US Secretary of Defense Mark Esper at the 2+2 dialogue in Washington in December 2019. | Photo: ANI

The 3 foundational agreements with US and what they mean for India’s military growth

Basic Exchange and Cooperation Agreement, the last of the key foundational agreements between India & US, was signed Tuesday. LEMOA was signed in 2016 and COMCASA in 2018.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.