RBI Raises Concern Over Rising Coal Import as Trade Deficit Widens

RBI Raises Concern Over Rising Coal Import as Trade Deficit Widens

After crude oil and electronics, coal has emerged as the latest headache for Indian policy makers battling with unfavourable balance of payments, prompting the Reserve Bank of India (RBI) to flag its concern over the rising dry fuel import, perhaps for the first time.

SCCL produces 28.5 MT coal in first half of FY 2018-19

SCCL produces 28.5 MT coal in first half of FY 2018-19

Singareni Collieries Company Limited (SCCL), a state-owned coal miner Monday said it achieved 28.5 million tonnes of coal production during the first half of the current fiscal against 27.8 million tonnes during the same period last fiscal.