Resilient Health of the Indian Coal Sector from Les Echos
In a surprising turn of events, the stock prices of India's state-owned power company, NTPC, and the mining group, Coal India, have surged this year, contrary to the expected decline in the coal industry due to environmental concerns. NTPC's stock rose nearly 80%, outperforming the Indian stock market index's 17% gain, while Coal India gained 55%, marking one of its best years.