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May 16, 2018 / 10:17 PM IST

News highlights: India may miss solar, wind energy 2022 targets, says Survey

This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

  • May 16, 2018 / 09:47 PM IST

    India may miss solar, wind energy targets by 2022: Survey

    India may not achieve its renewable energy target of having 100 GW of solar energy and 60 GW of wind power by 2022, as per a survey conducted by a consulting firm Bridge to India. India is expected to add total 66 GW of solar energy and 52 GW of wind power by March 2022 — which is 66 percent of 100 GW of solar and 87 percent of 60 GW wind targets set by the government, as per the 3rd edition of RE CEO Survey by Bridge To India said in a statement.

  • May 16, 2018 / 10:19 PM IST

    That's all for today, readers. Thanks for staying on with our coverage of the day's action. Your enthusiasm encourages us to better our coverage every day. Do come back tomorrow for more news, views and insights.

  • May 16, 2018 / 10:12 PM IST

    With friends like Trump, who needs enemies: EU chief

    The European Union's top official launched a stinging attack today on President Donald Trump, slamming his "capricious assertiveness" and saying the US leader acted more like an enemy than a friend. EU president Donald Tusk urged leaders meeting in Bulgaria to form a "united European front" against Trump's withdrawal from the Iranian nuclear deal and his move to impose trade tariffs on Europe.

  • May 16, 2018 / 09:55 PM IST

    The party that blew up the constitution to shambles is teaching us the constitution, the party that imposed President rule the most number of times is giving us lessons: Union Minister Ravi Shankar Prasad said.

  • May 16, 2018 / 09:48 PM IST
  • May 16, 2018 / 09:30 PM IST

    Cambridge Analytica shared data with Russia: Whistleblower

    Political consulting group Cambridge Analytica used Russian researchers and shared data with companies linked to Russian intelligence, a whistleblower told a congressional hearing on interference in the 2016 US election tpday. Christopher Wylie, who leaked information on the British-based firm's hijacking of data on millions of Facebook users, told a Senate panel he believes Russian intelligence services had access to data harvested by the consultancy.

  • May 16, 2018 / 09:20 PM IST

    JSW Steel to invest Rs 17,600cr more to up capacity to 24.7 mt 

    Sajjan Jindal-led JSW Steel today said the company has decided to invest an additional Rs 17,600 crore for increasing its steel capacity to 24.7 million tonne per annum (mtpa) by 2020. "Looking at the domestic demand growth, we see a shortage of steel if we don't expand in the next two years," JSW Steel joint managing director and group chief financial officer Seshagiri Rao told reporters here while announcing almost two-fold rise in consolidated net profit to Rs 2,879 crore in the March quarter, against Rs 1,008 crore in the year-ago quarter.

  • May 16, 2018 / 09:12 PM IST
  • May 16, 2018 / 09:11 PM IST

    Reports of BSY to take oath tomorrow 'shocking' if true

    The Congress today termed as "shocking" the Karnataka BJP spokesperson's claim that B S Yeddyurappa will be sworn in tomorrow and said it will tantamount to "murdering" democracy, "trampling" Constitution and disregarding all the precedents. Congress' chief spokesperson Randeep Singh Surjewala also said that the will of the majority cannot be subjugated at the whims of the BJP and the Narendra Modi government at the Centre.

  • May 16, 2018 / 08:55 PM IST

    Flyover collapse: Uttar Pradesh Congress chief demands Maurya's resignation

    Uttar Pradesh Congress chief Raj Babbar has demanded the resignation of state PWD Minister Keshav Prasad Maurya, holding him morally responsible for the flyover collapse here, in which 15 people lost their lives and several were injured, reported PTI. 

  • May 16, 2018 / 08:53 PM IST
  • May 16, 2018 / 08:49 PM IST

    Airtel to lay-off section of Telenor staff post-merger 

    A day after government approved its merger with telecom major Airtel, a section of Telenor India's employees are facing lay-off. They got mails from Bharti Airtel asking them to attend a meeting with the HR officials to discuss "way ahead and next step", an employee working for the Norwegian telecom company's Indian subsidiary in Andhra Pradesh circle said.

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