Trusted partners for all your Coal needs

India’s wholesale inflation rose to 11.39% in September 2026 from 9.92% in August, driven by higher food, fuel, power and manufactured-product prices.

Refiners say high freight costs, longer voyages and limited supplies of medium sour crude make US barrels less attractive than West Asian and Russian alternatives

BHUBANESWAR: The Odisha Cabinet, chaired by Chief Minister Mohan Charan Majhi, passed a resolution on the evening of October 13th congratulating Prime Minister Narendra Modi on completing 25 years as head of government. The Cabinet also approved 16 proposals covering education, urban infrastructure, digital governance, water security, and other key sectors. The Cabinet acknowledged Modi’s long tenure in public office and his contribution to India’s development, highlighting infrastructure expansion, industrial growth, technological advancement, social welfare and the vision of Viksit Bharat 2047. The resolution also recognised the Centre’s support for Odisha’s development and its role in advancing the state’s long-term economic and social objectives. Separately, the Cabinet approved a series of measures aimed at improving public services and strengthening infrastructure across Odisha. Among the major decisions were the extension of free textbook benefits to approximately 28.7 lakh students, a Rs 500-crore urban stormwater drainage programme, the establishment of a disaster recovery-cum-data centre in Keonjhar at an estimated cost of Rs 176.83 crore, and a water storage project on the Tel river in Bolangir district. Cabinet congratulates Modi on 25 years as head of government Chief Minister Majhi said Modi completed 25 years as head of government on October 7, 2026. Before becoming Prime Minister in May 2014, Modi served as Chief Minister of Gujarat. Congratulating the Prime Minister on the milestone, Majhi described the 25 years of continuous public service as a significant achievement in India’s democratic and administrative history. He said the tenure reflected a commitment to public welfare, national development and governance, adding that Modi had received sustained public support over the years. ଆଜି ଅନୁଷ୍ଠିତ ରାଜ୍ୟ କ୍ୟାବିନେଟ୍ ବୈଠକରେ ଏକ ଐତିହାସିକ ସଂକଳ୍ପ ପାରିତ କରି, ସରକାରର ମୁଖ୍ୟ ଭାବେ ୨୫ ବର୍ଷର ନିରବଚ୍ଛିନ୍ନ ତପସ୍ୟା ଓ ନିଷ୍ଠାପର ରାଷ୍ଟ୍ରସେବା ପୂରଣ କରିଥିବା ଦେଶର ଯୁଗଦ୍ରଷ୍ଟା ପ୍ରଧାନମନ୍ତ୍ରୀ ଶ୍ରୀ ନରେନ୍ଦ୍ର ମୋଦୀଜୀଙ୍କୁ ସମଗ୍ର ଓଡ଼ିଶାବାସୀଙ୍କ ତରଫରୁ ଅଶେଷ କୃତଜ୍ଞତା ଓ ହାର୍ଦ୍ଦିକ ସାଧୁବାଦ ଜଣାଇଲୁ। ‘ସେବା… pic.twitter.com/nATCSdNF8A — Mohan Charan Majhi (@MohanMOdisha) October 13, 2026 Highlighting the vision of Viksit Bharat 2047, the Chief Minister said empowering women, farmers, the poor and youth remained central to inclusive development. Referring to official estimates, he said more than 25 crore people had moved out of multidimensional poverty during Modi’s 12 years as Prime Minister. Majhi also cited challenges such as the COVID-19 pandemic, terrorism and geopolitical instability, saying India had navigated difficult circumstances while maintaining economic stability and strengthening its international position. Centre’s support to Odisha’s development Majhi said Odisha had received special attention under Modi’s leadership. Since the formation of the BJP government in the state, the Prime Minister had visited Odisha eight times, providing guidance and support for development initiatives. He described Odisha as a key component of the Centre’s Purvodaya vision for accelerating the development of eastern India. Cooperation between the Centre and the state, he said, had supported infrastructure expansion, industrialisation, education, healthcare, technology and public welfare. The Chief Minister expressed gratitude to Modi for his support and said continued coordination would help Odisha achieve its long-term development objectives. Railway, road and aviation infrastructure Highlighting railway development, Majhi said 2,236 kilometres of new railway lines had been constructed in Odisha since 2014, and the state had achieved 100 per cent railway electrification. The Khurda Road–Balangir railway line, which had remained pending for more than three decades, was nearing completion, he said. Six Vande Bharat trains were connecting 17 districts through 25 stoppages, while 59 railway stations were being redeveloped under the Amrit Bharat Station Scheme. On road infrastructure, Majhi referred to the sanction of Rs 8,308 crore for the 111-kilometre, six-lane Capital Region Ring Road. He also highlighted the proposed greenfield Odisha Coastal Highway, spanning more than 160 kilometres with an estimated investment of Rs 8,300 crore. The project aims to improve connectivity between Gopalpur and Digha through Ganjam, Puri, Jagatsinghpur, Kendrapara and Bhadrak districts. The Chief Minister also cited the development of Jharsuguda Airport under the UDAN regional connectivity scheme. Commercial flight operations began there on September 22, 2018, improving air connectivity for western Odisha. These projects, he said, would strengthen regional connectivity, facilitate trade and support tourism and industrial development. Ports and industrial development Majhi highlighted several major maritime and industrial projects aimed at strengthening Odisha’s economic potential. These include a proposed deep-sea port at Bahuda Mouth in Ganjam district, involving Rs 21,500 crore, and a shipbuilding and ship-repair cluster in Kendrapara district, with a proposed investment of Rs 24,700 crore. He also referred to the development of the Bhubaneswar–Cuttack–Puri–Paradip Economic Region, expansion of the Paradip refinery, development of the Petroleum, Chemicals and Petrochemicals Investment Region, and a strategic petroleum reserve at Chandikhol. Other initiatives include the modernisation and expansion of the Rourkela Steel Plant, expansion of Rourkela Airport, and the promotion of electronics manufacturing. Majhi highlighted the green data centre and cybersecurity facilities established by the Reserve Bank of India in Bhubaneswar, along with the electronics manufacturing cluster at Infovalley. These initiatives, he said, were helping Odisha attract investment in electronics and develop an ecosystem for semiconductor-related industries. He also referred to efforts to produce fertiliser through coal gasification at Talcher, aimed at strengthening domestic production. Education and technology infrastructure The Chief Minister cited the establishment of the Indian Institute of Science Education and Research in Berhampur and the Indian Institute of Management in Sambalpur as important milestones in higher education. He said these institutions could strengthen research, innovation and skill development while preparing young people for emerging economic opportunities. Also Read: CJP leaders Saurav Das, Ashutosh Ranka sent to 5-day judicial custody after Jantar Mantar security breach Investment in data centres, cybersecurity and electronics manufacturing would complement traditional sectors such as mining, steel, petroleum and fertiliser production, helping diversify Odisha’s economy and attract technology-driven industries. Vision Odisha 2036 and Viksit Bharat 2047 Majhi said the state government was working towards building a prosperous Odisha by 2036, marking 100 years since the state’s formation as a separate province. He said he had proposed to NITI Aayog the preparation of two complementary development roadmaps aligned with Viksit Bharat 2047. According to the Chief Minister, the proposal received support from […]

A day after recovering in the benchmark indices, the stock market is again trading lower on Wednesday, October 14, as the crude oil prices surge higher.

India’s wholesale price index (WPI)-based inflation rose to 11.39% in September 2026, up from 9.92% in August, driven by higher prices across primary articles, fuel and power, and manufactured products, according to provisional data released by the Ministry of Commerce and Industry on October 14 through the Press Information Bureau (PIB). The All India WPI […] Jose Kottanani

Freight loading reaches 135.35 million tonnes, led by growth in food grains, clinker, containers and coal.

Inflation Shock! India’s Wholesale Inflation Jumps to 11.39% in September Wholesale Inflation Surges to 11.39% in September as Fuel and… The post Wholesale Inflation Surges to 11.39% in September as Fuel and Food Prices Rise appeared first on Financial News India | Daily Update | Breaking News.

India May Need Up To 150 GW Additional Coal Power Capacity By 2035: CEA New Delhi, Oct 14 (KNN) India may need to add 105-150 gigawatts (GW) of coal-based power capacity by 2035, exceeding the 97 GW currently planned, to meet rising electricity demand and ensure grid stability, Central Electricity Authority (CEA) Chairperson Ghanshyam Prasad said on Tuesday. Speaking at the 20th India Energy Summit organised by the Indian Chamber of Commerce, Prasad stressed the need for adequate baseload capacity to balance fluctuations in renewable power generation and address limited energy storage availability. India May Need Up To 150 GW Additional Coal Capacity By 2035 He said electricity demand was currently 45-50 GW higher than last year, putting pressure on coal supplies and limiting opportunities for scheduled maintenance of thermal power plants. Coal-based electricity generation rose nearly 10 percent year-on-year to 579,869.38 million units (MU) during April-August, compared with 527,542.87 MU in the corresponding period last year. Generation during the period was the highest in three years. In contrast, hydropower generation declined over 11 percent to 75,304.58 MU from 84,767.77 MU a year earlier, amid deficient monsoon rainfall, reported The Indian Express. Coal Stocks Decline Amid Rising Power Demand The increase in coal-based generation has also contributed to falling fuel inventories. Coal stocks at domestic coal-based power plants declined around 66 percent by the end of September this year, compared with a 23 percent decline during the same period last year. “The stock is depleting almost every day. We need to put these plants under maintenance as well. We are not finding time to put them on the maintenance cycle,” Prasad said. He called for a balanced energy mix and adequate baseload capacity to ensure reliable electricity supply, noting that India had shifted its policy several years ago towards greater coal-based generation capacity additions. Renewable Energy Expansion To Continue Alongside Coal The renewed emphasis on coal capacity marks a shift from the National Electricity Plan of 2018, which had indicated that no additional coal-based capacity would be required beyond projects already planned. However, Prasad said the focus on coal would not come at the cost of renewable energy expansion. India would continue adding around 50 GW of renewable energy capacity annually, with nuclear power and pumped-storage hydropower also contributing to the energy mix. Grid Integration Challenges Raise Stability Concerns He also highlighted challenges in integrating large volumes of renewable energy into the grid, particularly in Rajasthan and Gujarat, where the concentration of renewable projects has led to grid trippings involving the automatic disconnection of generation units or transmission lines under abnormal operating conditions. (KNN Bureau)

Analysis of Union Budget 2026–27 covering repeal of the Income Tax Act 1961, MAT reforms, GST changes, TCS revisions and enhanced compliance framework.

In September, India's wholesale price inflation surged to 11.39%, up from 9.92% in August, primarily due to rising costs in fuel, crude oil, and food products. The Ministry of Commerce & Industry reported a WPI of 112.5, reflecting significant increases in various sectors. Key contributors included mineral oils and manufactured goods, with food inflation also rising. The government plans to release further data on WPI and related indices in November, highlighting ongoing economic trends.