Coal gasification can cut import dependence, strengthen energy security: G Kishan Reddy

India can significantly reduce its dependence on imports and strengthen long-term energy security by accelerating coal gasification projects, Union coal and mines minister G Kishan Reddy said on Thursday, as the government stepped up efforts to attract investment into the sector.Speaking at a roadshow on the Centre’s scheme for promoting surface coal and lignite gasification…

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Net direct tax collections rise nearly 15% to Rs 5.21 lakh crore; advance tax growth signals strong corporate earnings

Net direct tax collections rose 14.64% to over Rs 5.21 lakh crore as of June 17 in the current financial year, driven by robust advance tax payments from companies and higher securities transaction tax (STT) collections, according to government data released on Thursday, as reported PTI.The growth keeps the Centre on track to meet its…

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