Indian coal giants’ profits decreased due to weak demand

India Coal Giant’s Profit Drops Amid Softening Demand

2025-01-27 17:28:00 : (Bloomberg News) -The State -owned Mining Corporation India Coal Co., Ltd. reported that profit decreased by 17%in the third quarter, because the economic slowdown caused the fuel consumption to increase moderately, and fuel consumption accounted for nearly three -quarters of India’s power generation. According to a company statement on Monday, the net … Read more