• The current round of coal block auction for the non-regulated sector is likely to fetch four states about Rs 43,000 crore over the life of the mines from the extractable reserves, analysts said.
  • As per the latest Indian Ports Association report, Thermal coal imports declined by 17.69% to 51.10 million tonnes at the country’s top 12 major ports during April-October this fiscal against 62.08 million tonnes in the same period previous year . As far as coking and other coal is concerned, its handling recorded a rise of 6.88% at 33.43 million tonnes during the seven months period.

  • Utilisation levels of many thermal power plants would fall to 35-40% if the country sets up 130 gigawatt (GW) of renewable energy capacity by 2022, a latest report by KPMG India has pointed out.
  • China and the United States have agreed to cancel in phases the tariffs imposed during their months-long trade war, the Chinese commerce ministry said, without specifying a timetable.
  • An interim US-China trade deal is widely expected to include a US pledge to scrap tariffs scheduled for December 15 on about $156 billion worth of Chinese imports, including cell phones, computers and toys.
  • Excessive compensation payments for land acquired for roads, rise in construction and compensation claims and building of roads where traffic is not available, has led to national highways roads becoming a severely financial unviable proposition, former power secretary Subhash Chandra Garg said.
  • Road infrastructure investment has the biggest spin-offs in terms of boosting economic activity and social advancement, Garg said.
  • Expansion of road network at all levels- national, state, districts and villages, is vital for national growth as well as for all round well-being of all people.