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Reuters reported that Coal India (BSE:533278) dropped its prices in response to government pressure.
Reuters reported that Coal India (BSE:533278) dropped its prices in response to government pressure.
As quoted in the market news:
The decision comes days after some of India’s business tycoons met Prime Minister Manmohan Singh seeking freer access to fuel, primarily coal, to deal with a worsening power crunch that has been a drag on growth.
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