Adani Enterprises concedes it would fail to meet a March deadline to arrange A$3 billion ($2.3 billion) in financing for the Carmichael coal mine project
1 min read22 Feb 2018Adani Enterprises defers decision of investment on the Carmichael coal project as the Queensland government is yet to make a decision on royalties for the project
1 min read22 May 2017The Adani-Arrium deal indicates Adani is moving ahead with plans for the Carmichael coal project as it works to secure the necessary finance
1 min read4 May 2017Australian resources minister did not rule out providing a A$1-billion govt loan to Adani Enterprises for its Carmichael coal project, saying it would help create thousands of jobs
1 min read1 May 2017The problem the Australian coal industry faces in the medium term isn't a shortage of supply that could be solved by building Carmichael, but a lack of demand
4 min read3 Apr 2017The report says Gautam Adani disappointed as the project has yet to receive the green light after six years of environmental assessments and court battles
3 min read4 Jun 2016The project is financially viable due to global energy demand and is unlikely to receive govt subsidies, said Australia's resources and energy minister
1 min read19 Oct 2015Asian markets were trading higher on Friday, extending the rally for the second day
2 min read16 Oct 2015ACF says it has alerted govt about impact project would have on water and wildlife in Queensland's Galilee Basin
2 min read4 Aug 2015Arundhati Bhattacharya clarified that the bank has only signed an in-principle agreement on the loan and hasn't yet sanctioned the money
1 min read21 Nov 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared