News Reality

Wind power producers can't be asked to put the clock back

In another path breaking order, AndhraPradesh Electricity Regulatory Commission (APERC) has disallowed any revisionin the tariff of wind power which was signed by the state and the devloper. TheRegulator not only allowed the earlier tariff but also rapped the power distributioncompanies for going back on their power purchase agreements (PPAs). The order pertains to close to 41 windpower projects which signed PPA with the two state power distribution companiesin 2015 at Rs 4.76 per unit in feed-in-tariff mode. After two years, when thewind tariff was discovered at Rs 3.46 per unit in the first ever auction ofwind power projects, the state discoms went to the regulator citing that they don'twant to purchase "costly wind power". The discoms sought the regulator'sapproval to reduce the tariff. The order is abig positive for the companies operating in the state such as Tata Power, ReNewPower, Sembcorp, Mythrah Energy and Ostro Energy among others. Recently, KarnatakaElectricity Regulatory .
Read Full Article On
Ryanair’s decision to recognise unions for the first time will not alter its profit forecast for the year, chief executive Michael O‘Leary has said.
Bombardier is closing in on the second deal for its C Series jet since reaching a landmark agreement with Airbus a few weeks ago that will see the European aircraft maker take control of the programme
SEOUL (Reuters) - South Korea said on Tuesday the government will complain to the World Trade Organization (WTO) about a U.S. decision to slap tariffs on imported washing machines and solar panels, sa
US President Donald Trump has approved high tariffs on imports solar cells and washing machines to protect the domestic American market. The presidential action has been taken to protect the domest
TOKYO (Reuters) - Asian stocks advanced on Tuesday after U.S. senators struck a deal to end a three-day government shutdown, sending Wall Street's main indexes to record highs and keeping the dollar w
WASHINGTON/LOS ANGELES (Reuters) - U.S. President Donald Trump slapped steep tariffs on imported washing machines and solar panels on Monday, giving a boost to Whirlpool Corp and dealing a setback to
A five-year-old kid, named Jannat, is on a mission to clean the iconic Dal Lake in Srinagar, along with her father.Jannat, a class KG student at Linton Hall Public School Srinagar, with her father's s
The Karnataka Government on Monday has transferred seven Indian Administrative Service (IAS) officers in the state.The transferred officers are M.V. Jayanthi, V Chaitra, SB Shettannavar, MV Venkatesh,
The Andhra Pradesh Government and the Canton of Zurich on Monday signed a letter of intent, to promote mutual prosperity and development.The agreement was signed in the presence of Chief Minister Naid
Last year, the world’s billionaires made over $462 billion combined, enough money to end extreme poverty around the globe seven times over. With a new billionaire added to the list nearly every
After the White House pressured FBI Director Christopher Wray to fire his deputy director amid a rumored Justice Department purge, the former threatened to quit. As Axios reported Monday night, Attorn
Patches for troubling vulnerability causing 'unpredictable' problems in affected devices
WASHINGTON - Congress sped toward reopening the government late Monday as Democrats reluctantly voted to temporarily pay for resumed operations. They relented in return for Republican assurances that
The US has asked Islamabad to immediately arrest or expel Taliban leaders who are carrying out terror activities across the border in Afghanistan and prevent them from using Pakistani territory to
Haryana chief minister Manohar Lal Khattar on Monday announced that the state will abide by the Supreme Court orders on the controversial flick 'Padmaavat' and provide security to the cinema halls tha
The Supreme Court will on Tuesday hear a plea filed by Rajasthan and Madhya Pradesh government seeking modification in its earlier order to lift a ban on the controversial flick 'Padmaavat' in the sta
As the debate about what Congress and the White House will do with the Deferred Action for Childhood Arrivals program roils, a comment made by House Speaker Paul Ryan (R-WI) just before President Dona
Chael Sonnen defeated Quinton Jackson at Bellator 192 to earn a spot in the second round of the Bellator heavyweight world grand prix. The two fighters each earned $300,000 for the fight.
George Papadapolous, the former Donald Trump campaign aide who pleaded guilty in October to one count of lying to the FBI, is much more than a “coffee boy,” his fiancée said, insisting “history
Bollywood superstar urges economic elite to break down barriers of discrimination against women

Recent News

Intelligence Committee lawmakers lose fight over budget language they say gives Trump too much power

The Senate panel’s chiefs attempted to remove the wording from the short-term spending bill.
Read Full Article

House ethics panel will investigate Rep. Patrick Meehan

House Speaker Paul D. Ryan removed Meehan from the Ethics Committee on Saturday after the New York Times published allegations of sexual harassment.
Read Full Article

Why the Democrats lost their nerve in the shutdown battle

Like Republicans before them, Democrats learn the limits of their leverage.
Read Full Article

Senators relieved after vote to end shutdown

Senators from both parties expressed relief on Jan. 22, after voting for a temporary spending bill to end the government shutdown.
Read Full Article

On the 45th anniversary of Roe v. Wade, the culture war over abortion continues

Abortion continues to be a wedge issue years after the historic Supreme Court ruling
Read Full Article

The Finance 202, Davos Edition: Global business elites have never been more confident

U.S. business leaders lead the pack in a new survey taken during the Trump era.
Read Full Article

White House shutdown strategy: Keep Trump contained

President stayed relatively quiet while Republicans put forward a disciplined communications effort.
Read Full Article

Congress votes to end shutdown after Democrats agree to trust that McConnell will allow ‘dreamer’ vote

Lawmakers agreed to fund the government through Feb. 8 after McConnell (R-Ky.) said he would address the status of “dreamers.”
Read Full Article

ADM approach to Bunge marks potential U-turn on oilseed strategy

CHICAGO (Reuters) - Archer Daniels Midland Co's proposed takeover of Bunge Ltd could signal a change in the company's strategy on oilseeds, giving the top U.S. grain merchant a much bigger capacity
Read Full Article