Gurgaon woman busts myth of ‘lavish corporate life’, says salary disappears after paydayA Gurgaon woman shared how bills and daily expenses left her with little of her salary soon after payday. Published on: Sep 1, 2026, 14:24:23 IST By Mahipal Singh Chouhan Prefer HTon Google Share via Copy
Founder who survived on bread, water at 18 thinks everyone should go ‘completely broke’ onceA Mumbai-based founder claimed that surviving on bread and water at 18 removed his fear of startup failure and financial losses. Updated on: Sep 1, 2026
The US Federal Trade Commission (FTC) and 22 states sued Amazon on Monday for allegedly "manipulating" online auctions for digital advertising, resulting in more than $20 billion in overcharges for 1.2 million customers. Amazon "has secretly and systematically overcharged its approximately 1
Always looking for a sweet treat after dinner? Fitness coach Eric Roberts shares 3 reasons for late-night sugar cravings Published on: Sep 1, 2026, 14:09:20 IST By Eshana Saha Prefer HTon Google Share via Copy link Read more to find out why your sugar cravings intensify at the end of the day!
3-year-old kidnapped from Delhi found 1,000 km away in Bihar; accused woman had 6 daughters, wanted a sonThe child went missing while he was playing near his mother, who had gone to the hospital to collect medicines, police said. Updated on: Sep 1, 2026
India’s coking coal imports to jump 42% by 2030 on steel demand, says report
India’s coking coal imports to jump 42% by 2030 on steel demand, says report
New Delhi: India's coking coal imports are expected to rise nearly 42% to 115 million tonnes by the end of the decade, driven by surging demand from the steel sector, according to a report jointly prepared by EY Parthenon and the Indian Steel Association (ISA).
The report said imports stood at 81 million tonnes in FY25, while demand for coking coal is projected to climb 55% to 135 million tonnes by FY30 from 87 million tonnes in FY25. The growth is tied to India's ambitious target of expanding steelmaking capacity to 300 million tonnes by then.
Titled India's Coking Coal Strategy: Building Resilience through Innovation, Sustainability and Policy, the report highlighted that India, the world's second-largest steel producer, remains heavily dependent on coking coal, with the steel industry accounting for 95% of total demand.
To reduce this reliance, the government aims to scale domestic raw coking coal output to 140 million tonnes by FY30—105 million tonnes from Coal India and 35 million tonnes from private players. Even with this expansion, washery capacity is expected to reach just 15 million tonnes, ensuring continued dependence on imports.
“India's steel ambitions cannot be realized without addressing its heavy reliance on imported coking coal,” said Vinayak Vipul, partner, business consulting, EY Parthenon.
“While domestic production is projected to double by 2030, imports will still play a defining role in meeting demand. This dependence makes the sector vulnerable to price volatility and supply chain shocks…India must accelerate beneficiation to unlock the true value of its reserves, diversify sourcing to reduce risk, and invest in technologies that pave the way toward low-carbon steel,” Vipul said.
He added that building a transparent pricing index and a national reserve would be critical to balance growth with resilience and sustainability.
The report also noted that rising coal use in steelmaking has made the sector a major emitter of greenhouse gases—responsible for 7–8% of global emissions and 12% within India—underscoring the need for cleaner technologies and comprehensive decarbonization efforts.
“India's steel industry is entering a transformative era, driven by rising domestic demand and global competition,” said Naveen Jindal, president, Indian Steel Association. “Coking coal remains the backbone of steelmaking, and securing a reliable, high-quality supply is a strategic necessity for national growth.”
The report recommended a deeper industry-government partnership through investments in washery expansion, strategic stockpiles at ports, and public-private consortia for overseas mine equity.
Aligning policy, incentives, and governance, it said, would help build a competitive, sustainable, and self-reliant coking coal ecosystem to underpin India's steel ambitions through 2070.
Source: LiveMint
Related Posts: Bharat Coking Coal IPO Opens January 9 Bharat Coking Coal IPO Day 2 Bharat Coking Coal IPO Allotment Finalised Bharat Coking Coal IPO Opens Today Bharat Coking Coal IPO To List Tomorrow SECL eyes 7.5 million tonnes of coking coal Cement cos in Meghalaya imported nearly 3 lakh mt of coal without valid papers Nearly 400k trees on block after coal projects get nod Worldwide Spending On AI Is Expected To Be Nearly $1 Air India resumes direct Shanghai-New Delhi flights after nearly six years
63-year-old grandmother shares 1 exercise senior citizens must do to stay independent as they age: 'Knee pain is tricky' Published on: Sep 1, 2026, 14:05:05 IST By Sanya Panwar Prefer HTon Google Share via Copy link Think you should skip squats due to knee pain? This 63-year-old fitness coach says
1 days ago
India’s economy grew 7.8% year-on-year in the April-June quarter of FY27, significantly stronger than the market expectation of around 7.1% and above the Reserve Bank of India’s 7% projection. The latest number is particularly important because it came at a time when the global economy was
1 days ago
Like many Gen Zs in Kozhikode, Athira K.B. enjoys eating out and spends much of her free time watching short food videos on Instagram. “If a restaurant regularly pops up on my feed, I instantly feel like checking out what makes it so special,” the 22-year-old college student says
1 days ago
As Rashtriya Swayamsevak Sangh Mohan Bhagwat took the stage at New York City’s Madison Square Garden on Saturday to deliver a message of “universal oneness”, a group of nearly 90 American politicians was preparing a different memo: they would not accept political contributions from entities
1 days ago
A five-member bench of the National Company Law Tribunal on Tuesday stayed the approval of a repayment plan under which media baron Subhash Chandra was allowed to pay Rs 6.2 crore to creditors against admitted claims of about Rs 22,006 crore in his personal insolvency resolution process
1 days ago
US President Donald Trump’s tenure has vindicated many in the Indian foreign policy establishment prone to reflexive anti-Americanism. However, the recent history of intensified engagement between India and the US, the ongoing bureaucratic collaboration
1 days ago
Sensex, Nifty open flat amid renewed crude oil price rally, global tensionsThe 30-share BSE Sensex declined 307.24 points, or 0.40 per cent, to close at 76,957.27 with 20 of its constituents ending lower and 10 with gains on Monday Updated on: Sep 1, 2026
1 days ago
U.S. President Donald Trump threatened on Monday (August 31, 2026) to hit Iran “hard” after the two foes traded fire for the first time in weeks, as his Treasury secretary vowed to keep up a pressure campaign aimed at hobbling Tehran’s economy. After six months of war
1 days ago
Step inside Mouni Roy’s beautiful 4 BHK apartment in Mumbai featuring minimal décor and a cosy library Published on: Sep 1, 2026, 11:30:03 IST By Anukriti Srivastava Prefer HTon Google Share via Copy link Mouni Roy gave a house tour of her Mumbai 4 BHK apartment
1 days ago
OpenAI denied Apple's allegations of trade secret theft on Monday, saying the iPhone maker failed to show any confidential information was stolen by former employees."This dispute is a mess of Apple's own making, and it is trying to blame everyone else
1 days ago
The toll in the flash flood and mudslide in Nepal and China, which occurred on August 26, rose to 1,003 on Tuesday. Of these, 987 deaths were reported in Nepal. The remaining 16 deaths were on the Chinese side of the border, AFP reported. More than 3
1 days ago
September 1, 2026, Birthday Horoscope: Don't let fear overpower you from experiencing something genuine todayYour birthday falls on September 1, 2026 here’s what your year ahead looks like, as per Tarot. Published on: Sep 1, 2026, 11:01:25 IST By Kishori Sud Prefer HTon Google Share via Copy link
1 days ago
Toxic worldwide box office collection day 6: Yash film crashes, crawls past ₹300 crore; yet to surpass Adipurush, PeddiToxic worldwide box office collection day 6: Yash's pan-India film is now earning less than ₹10 crore per day worldwide after bad word-of-mouth. Updated on: Sep 1, 2026
1 days ago
Naseeruddin Shah wishes 'more strength' to student protestorsFrom backing student protests to praising theatre behind bars, Naseeruddin Shah speaks up on protest, performance and the power of truth Published on: Sep 1, 2026, 11:33:59 IST By Aadrika Sominder Prefer HTon Google Share via Copy link
1 days ago
The families of more than 600 workers believed to be trapped in a vast network of mud-filled tunnels along Nepal's Trishuli River are clinging to hope their loved ones can be found alive. Rescuers continued battling to reach them on Monday, using explosives to blast into the hillside before pumping
1 days ago
Maharashtra, Assam, Bengal, Bihar join Centre in SC bid to quash FIRs against CJP protestersThe move came a day after the Centre moved the court seeking quashing of FIRs registered in connection with the CJP-led protests Updated on: Sep 1, 2026
1 days ago
European traveller says he was scared to visit India due to 'bad image, stereotypes': 'I found more kindness than chaos' Published on: Sep 1, 2026, 10:51:25 IST By Sanya Panwar Prefer HTon Google Share via Copy link Expecting chaos, he found kindness: Robert says India changed how he judges places
1 days ago
Over 200 Zomato employees in 'customer delight' section in Hyderabad to be laid offEmployees impacted by the layoffs will also be helped in their search for relevant opportunities. Published on: Sep 1, 2026, 09:36:24 IST By HT Business Desk Prefer HTon Google Share via Copy link Zomato is expected
1 days ago
Refrain from sharing the Universal Account Number (UAN), password, One-Time Password (OTP), and Aadhaar details. New Delhi: EPFO has issued a cyber awareness advisory to stay alert against frauds. Cases of fraud are becoming increasingly prevalent, particularly through digital modes
1 days ago
Meta is fixing a loophole that allowed wearers of its AI smart glasses to secretly record others without consent. Meta’s new AI smart glasses feature a white light sensor that starts blinking when the wearer is taking a photo or video through their device
1 days ago
‘Bengaluru Metro discipline deserves appreciation’: Woman praises commuters for orderly queues, offering seatsA woman lauded Bengaluru Metro commuters for disciplined boarding, respectful behaviour and offering seats to women. Published on: Sep 1, 2026
1 days ago
Manchester City have opened talks with Chelsea in their bid to sign midfielder Enzo Fernandez. In what is set to be one of the key narratives on transfer deadline day, City have set the wheels in motion towards what would be one of the most expensive deals of the summer
1 days ago
PM Modi hails ‘herculean feat’, Congress asks ‘where are jobs?’: GDP figures draw mixed responseTaking a jab at his critics, Modi said some people in India, “drowned in an atmosphere of despair”, were spreading “lies” across the country. Published on: Sep 1, 2026
1 days ago
The company said the move is aimed at strengthening transparency and food quality for consumers, and warned that restaurants failing to comply with its requirements could be removed from the platform. New Delhi: Food delivery platform Zomato on Monday said it has adopted a zero-tolerance policy on
1 days ago
As Janmashtami approaches, homes begin to take on a festive glow. Laddu Gopal gets a new outfit, the little cradle is beautifully decorated, flowers are brought in and preparations begin for the midnight celebration. Amid all these preparations
1 days ago
The company said Shipsy Brain draws on data linked to more than five billion shipments. This includes more than 50 billion operational events, 1.5 billion automated and human decisions, 100 billion GPS pings and over 5,000 logistics workflows. Enterprise firm on September 1 launched in beta
1 days ago
A Singaporean diplomat who led the adoption of the UN Ocean Treaty, a Myanmar activist who put his freedom on the line for democracy, and a former Bangladeshi teacher who brought compassion to the poor were named on Monday as the winners of this year’s Ramon Magsaysay Awards
1 days ago
