Coal Stock Shrinks Amid Soaring Demand

16 Oct 2023 CW Team

The global coal industry is facing a significant challenge as coal stockpiles dwindle due to an unprecedented surge in demand. This trend has ignited concerns about supply shortages and potential disruptions in the energy sector. The LiveMint article highlights the mounting pressure on coal reserves and the implications for various industries. The surge in demand for coal can be attributed to a variety of factors, including increased electricity consumption, industrial production, and a growing global economy. This surge is particularly notable in the context of the ongoing transition to cleaner energy sources. As coal stockpiles continue to shrink, governments, businesses, and energy providers are closely monitoring the situation to ensure a stable energy supply. This challenge underscores the pressing need to accelerate the transition to cleaner and more sustainable energy alternatives to meet the world's energy needs.

Real Estate

14 Oct 2025

GHMC Launches Drive To Boost Property Tax Revenue

The Greater Hyderabad Municipal Corporation (GHMC) has launched a special campaign to enhance property tax revenue from non-residential and commercial properties by reassessing their total built-up area. Any discrepancies identified during inspections will trigger immediate revision of both property tax and trade licence fees, officials said. The initial phase of the drive focuses on shopping malls across Hyderabad, with over 300 such establishments identified in the twin cities. After the mall inspections, GHMC will extend the verification process to other non-residential properties, includi..

Cholamandalam To Raise Rs 10 Billion Via NCD Issue

Cholamandalam Investment and Finance Company has invited bids to raise up to Rs 10 billion through secured non-convertible debentures (NCDs) maturing on 14 October 2030, offering a coupon rate of 7.58 per cent. The NCD issue, announced on Monday, comes at a time when corporate bond activity — which saw strong momentum in the first quarter of FY26 — has slowed during the second quarter owing to rising borrowing costs. However, market analysts anticipate a rebound in the coming months as easing bond yields could reignite investor appetite for corporate debt instruments. The company’s fu..

Maharashtra Approves Cluster Redevelopment For Mumbai Slums

The Maharashtra cabinet has approved a cluster redevelopment scheme for Mumbai’s slums, paving the way for large-scale urban renewal and improved living standards across the city’s informal settlements. The decision, taken on 7 October, seeks to convert slum clusters spread over more than 50 acres into integrated housing projects equipped with modern infrastructure and better amenities. To be implemented by the Slum Rehabilitation Authority (SRA), the initiative aims to accelerate redevelopment, attract private investment, and stimulate construction activity. According to a statement from..