
India's Swelling Coal Stockpiles Test State-Owned Mining Giant
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.
Recent rains may have provided the world's most populous nation some relief from scorching summer heat, but they shattered state-owned mining giant Coal India Ltd. 's hopes of denting record-high inventories.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
At least eight Chinese automakers pledge to pay suppliers within 60 days
SHANGHAI (Reuters) -At least eight Chinese automakers, including industry leaders BYD, Chery and Geely, have published statements since late Wednesday saying they would pay their suppliers within 60 days. The regulation, effective June 1, requires big companies settle payments with suppliers within 60 days after they deliver commodities, engineering and services. Sign in to access your portfolio


Bloomberg
25 minutes ago
- Bloomberg
China Nudges Pig Farmers to Restrain Supply After Prices Slump
China is seeking to control hog numbers and curb pork production, in a bid to support prices of the country's favorite meat and ease deflationary pressures in the economy. Authorities have asked farmers to be prudent when it comes to expanding their sow herds, and to halt secondary fattening of livestock, according to people familiar with the matter, who declined to be named as they aren't authorized to speak publicly. The latter practice involves buying standard pigs and fattening them beyond normal slaughter-weights to boost meat output.
Yahoo
35 minutes ago
- Yahoo
Another Milestone: Arctech Ranks World's No. 2 in Solar Tracker Market
KUNSHAN, China, June 10, 2025 /PRNewswire/ -- Recently, Wood Mackenzie, a world-renowned energy research firm, released its 2025 Global Solar PV Tracker Market Share Report. Arctech surged to the second position globally with a 16% market share, while also claiming the top spot in key markets such as India, the Middle East, and Asia-Pacific, demonstrating strong global competitiveness. 01 Industry-Leading Growth With an astonishing 113% year-on-year growth rate, Arctech became the only top-10 manufacturer to exceed 100% y-o-y growth, far exceeding the industry average. 02 Dominance Across Multiple Regional Markets Notably, Arctech has established leadership in several key markets: Middle East: Topped the market again, becoming the region's most preferred tracker supplier. India & Asia-Pacific: Maintained the No.1 position for two consecutive years, further solidifying market dominance. Europe, Saudi Arabia & Emerging Markets: Steadily growing market share, reflecting the success of our global expansion strategy. In 2024, Arctech's global tracker shipments reached 17.41 GW, supported by a robust production-sales-service network spanning three continents—including 4 service centers、six producing bases and 17 branches—delivering end-to-end services from design to O&M for global customers. 03 "Tracker+" Strategy Opens a New Chapter in Globalization With new producing bases in Saudi Arabia and Brazil, along with a European logistics hub, Arctech has built a globally integrated supply chain. Its differentiated competitive edge has secured multiple GW-level projects in India, the UAE, Argentina, and beyond, validating its innovative R&D and localized operations. SNEC 2025: A Grand Showcase Ahead From June 11th–13th, Arctech will unveil its full suite of "Tracker+" and "Green Power+" solutions at SNEC (Booth: 3H-A110), showcasing smart energy solutions for complex scenarios and driving the global energy transition forward. View original content to download multimedia: SOURCE Arctech Solar Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data