17.12.22

Government has launched ‘Mission Coking Coal’ in August, 2021 to suggest roadmap to augment the production and utilization of domestic coking coal in India by 2030. Mission Coking Coal document has made recommendations majorly relating to new exploration, enhancing production, enhancing washing capacity, auction of new coking coal mines.

CIL undertakes constant efforts to enhance coking coal production by capacity enhancement through expansion of existing coking coal producing mines and from implementation of new coking coal blocks. Mass Production Technology has been introduced in UG mines of CIL to enhance the domestic raw coking coal production. CIL is taking steps regarding offering of coking coal mines for production to investors on revenue sharing basis.

According to the Centre for Economics and Business Research (CEBR), a global will start in 2023. A global recession is predicted by other agencies as well to begin in 2023. New borrowing costs put in place to fight Inflation cause several economies to shrink. According to the British consultancys annual World Economic League Table, the global economy topped $100 trillion for the first time in 2022 but will halt in 2023 as governments continue to struggle against growing costs.

The global gross domestic product will have doubled by 2037 as developing economies catch up to the wealthier ones. According to Bloomberg, the East Asia and Pacific region will produce more than a third of the worlds output by 2037, while Europes share will drop to less than a fifth as a result of changing power dynamics.

The data from the IMFs World Economic Outlook and an internal model serve as the foundation for the Centre for Economics and Business Researchs estimates of Growth, inflation, and currency rates.

India is ranked fifth on the global list of the best cuisines for 2022, according to Taste Atlas. The ranking is based on audience votes for ingredients, dishes, and beverages. Italys food came in first place followed by Greece and Spain. India received 4.54 points and the best rated foods of the country include garam masala, malai, ghee, butter garlic naan, keema, the rating said. Ithas a total of 460 items in the list. Furthermore, the best restaurants to try Indian cuisine are Shree Thaker Bhojanalay (Mumbai), Karavalli (Bengaluru), Bukhara (New Delhi), Dum Pukht (New Delhi), Comorin (Gurugram) and 450 others, according to the list.