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Coal demand in India projected to reach 1,755 MT by 2047

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New Delhi, Feb 10: The coal demand in India is projected to reach 1,462 million tonnes (MT) in 2030 and 1,755 MT by 2047, the government said on Monday.

With the fifth-largest geological coal reserves globally and as the second-largest consumer, coal continues to be an indispensable energy source, contributing to 55 per cent of the national energy mix.

Over the past decade, thermal power, predominantly fueled by coal, has consistently accounted for more than 74 per cent of the total power generation.

Despite commendable strides in promoting renewable energy sources, the sheer growth in electricity demand necessitates a continued reliance on thermal power, with projections indicating its share to be 55 per cent by 2030 and 27 per crnt by 2047, according to Ministry of Coal.

As per the Index of Eight Core Industries (ICI), the coal sector registered the highest growth of 5.3 per cent in December 2024, reaching 215.1 points compared to 204.3 points in December 2023.

During April-December 2024, the coal industry index increased to 177.6 points from 167.2 points in the previous year, marking a 6.2 per cent growth—the highest among all core industries, according to the government data.

The Combined Index of Eight Core Industries showed an overall growth of 4.0 per cent in December 2024 compared to the previous year.

The index for April-December 2024 increased by 4.2 per cent over the same period in FY 2023-24, emphasising coal’s significant contribution to industrial expansion.

Additionally, the coal sector accounts for about 50 per cent of freight revenue for Indian Railways and provides direct employment to nearly 4.78 lakh individuals.

India’s coal production reached an all-time high of 997.82 million tonnes (MT) in FY 2023-24, marking a significant rise from 609.18 MT in FY 2014-15, with a compound annual growth rate (CAGR) of 5.64 per cent over the past decade.

In FY 2023-24 alone, production has surged by 11.71 per cent compared to the previous year.

A landmark policy reform came with the introduction of commercial coal mine auctions in 2020, encouraging private sector participation and modern technological adoption.

With the vesting of these mines, a total of 107 coal mines have been auctioned under commercial coal mine auctions, with a cumulative PRC of approximately 246.60 MTPA, generating estimated annual revenue of Rs 34,000 crore and employment for about 3,33,000 people.

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S. Korean top court rejects Meta’s appeal over user data sharing fine

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Seoul, March 13: South Korea’s top court on Thursday rejected social media giant Meta’s appeal against a 6.7 billion-won ($4.6 million) fine imposed by the data protection watchdog for sharing user information without their consent, judicial sources said.

In November 2020, the Personal Information Protection Commission (PIPC) fined Meta, formerly known as Facebook, after its probe found that the personal information of at least 3.3 million South Korean users had been provided to third parties without their knowledge from May 2012 to June 2018, reports Yonhap news agency.

In response, Meta filed a lawsuit in March 2021, disputing the fine, claiming the information sharing was made upon the users’ agreement and it did not induce them to agree.

The Supreme Court, however, found the PIPC’s measures lawful and dismissed the case, upholding lower court rulings made in October 2023 and September last year, according to the sources.

With the top court’s ruling, the PIPC said it would proceed with enforcing corrective measures, which had been suspended due to the ongoing lawsuit.

Last year, Meta Platforms Ireland lost a legal battle to defy the South Korean data protection watchdog’s decision to slap a fine for providing users’ personal information to other operators without consent.

Meta then filed a complaint against the ruling, claiming the information sharing was made upon the users’ agreement and it did not induce them to do so.

According to the PIPC’s investigation, the personal information of a user’s Facebook friends was provided to other operators without their knowledge when someone uses another operator’s service through Facebook login.

The compromised information included their academic background, family and marriage status.

The watchdog also said Meta had not been cooperating with the probe by belatedly submitting data and providing false documents.

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KTM 390 Duke Gets Cruise Control & New Ebony Black Color – Price at Rs 2.95 Lakh

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KTM has introduced fresh updates to its popular 390 Duke, enhancing its appeal in the streetfighter segment. The motorcycle now comes equipped with cruise control as a standard feature, adding to rider convenience on long rides. Additionally, KTM has expanded the color choices by introducing a new Ebony Black variant alongside the existing Electronic Orange and Atlantic Blue options

KTM has retained the price of the 390 Duke at Rs 2.95 lakh (ex-showroom, Delhi), ensuring that high-performance motorcycling remains within reach for enthusiasts. The bike is powered by a 399cc LC4c engine, delivering 46 PS and 39 Nm of torque.

The KTM 390 Duke now comes equipped with cruise control, making highway rides more effortless. Riders can set their desired speed using the left-handlebar switches, with the system monitored through the TFT display. This feature optimizes engine management and electronic controls to enhance efficiency and stability.

Known as ‘The Corner Rocket,’ the 390 Duke stands out with its aggressive styling and precise handling. The Gen-3 model also boasts fully adjustable suspension, reduced unsprung mass, and improved dynamics for better traction and control. With multiple ride modes, launch control, cornering ABS, and supermoto ABS, it continues to deliver an unmatched performance experience.

The Gen-3 KTM 390 Duke gets fully adjustable suspension, allowing riders to fine-tune compression and rebound damping at the front, while the rear offers rebound damping and preload adjustment. The bike also comes with Motorcycle Traction Control (MTC) and selectable ride modes – Street and Rain – for different road conditions. A 3D IMU enables cornering traction control, adding to its safety and handling precision. Additional features include launch control, Quickshifter+, cornering ABS, and Supermoto ABS, making it a well-equipped machine for spirited riding.

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Maharashtra Budget 2025: State Govt To Fund Modern Ferry Boats On Gateway-Mandwa-Elephanta Route Near Mumbai For Safer Travel

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Mumbai: The Maharashtra government introduced a new policy in its 2025-26 budget to provide financial assistance for the purchase of modern ferry boats on the Gateway of India-Mandwa-Elephanta Island ferry route. This move is intended to enhance passenger safety, particularly as ferry traffic to these popular tourist destinations surges on weekends. The initiative addresses long-standing demands from ferry operators to replace aging wooden boats, which are costly to maintain and pose significant safety risks.

State Govt’s Decision Comes After Gateway Tragedy

Currently, numerous passenger ferries operate on this route, many of which are aging wooden vessels. Ferry boat associations have repeatedly called for financial aid to modernise the fleet, citing safety concerns and high operational costs.

The government’s decision follows the tragic ferry accident near Gateway of India on December 18, 2024, where 15 people lost their lives after a speedboat operated by Navy personnel collided with a wooden ferry. The incident shed light on the vulnerabilities of older boats and fueled demands for a safer fleet.

Using Wooden Boats For Water Travel Poses High Risk

Reports citing experts have highlighted that wooden boats are more susceptible to structural damage in accidents compared to modern vessels. Unlike road transport, where the Motor Vehicles Act imposes a 15-year operational limit on vehicles, the Inland Vessels Act does not specify an age cap for boats. Instead, wooden boat licences are renewed annually after retrofitting, which involves replacing old parts and wood to keep them functional. However, safety concerns remain, prompting the push for modern vessels.

Despite the introduction of catamarans on the route, the transition to a fully modern fleet has been slow due to high costs. According to report, Sardar Mirza Jamalundin Mahdakar, President of the Gateway Elephanta Jal Vahatuk Sahakari Sanstha stated that the cost of a single catamaran is approximately Rs 7-8 crore, making it difficult for operators to afford without government support. Unlike road transport, water transport in Maharashtra has historically lacked subsidies, further delaying the adoption of safer, more advanced boats.

Massive Funding For Improving Maharashtra’s Coastline Region

In addition to this new policy, the state budget has also allocated funds for key maritime infrastructure projects. A floating jetty will be constructed at Kashid in Raigad district to facilitate better coastal connectivity. Additionally, the government has announced a large-scale infrastructure initiative worth Rs 8,400 crore, backed by external funding, to improve facilities in Maharashtra’s coastal districts.

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