Shipping Nations Pledge to cut Emissions to Zero

Govt’s Textile Buys may have to include Recycled Materials

The govt. make it mandatory for a certain amount of textile products in government procurement to
come from recycled materials as part of an action plan to boost the textile waste value chain and
make India a global hub for circular textiles

Textile ministry plans to make India a global hub for sourcing sustainable and circular textiles and
garments.

This move is in line with EU New Circular Economy Action Plan,2020

Govt Calls meet to promote toys exports

The reason behind this to increase the economy of India and simultaneously reducing the Chinese
products in the market

13/07/2023

Tesla looking to drive its supply chain to India

Tesla has held discussions with the union government officials , exploring the possibility of bringing
its auto parts and electronics chain to India

Both PM Modi and Elon Musk are looking positive towards this move

India has constantly turned down the companys demand for import duty cuts.

And Tesla looks more towards India because they are facing challenges in China because of the
pressure that the company is exerting on Chinese companies like BYD

The biggest challenges for India will be Infrastructure, Not just the infrastructure for manufacturing
and serving a manufacturing facility but also the infrastructure for adoption.

Cabinet okays commercial mining of lithium, titanium

The union cabinet approve the amendments to the Mines and Minerals (Development and
Regulation) Act.

The amendments will lift the ban on commercial mining of six critical minerals —lithium, beryllium,
titanium, niobium, tantalum and zirconium.

These minerals are required for manufacturing in several sectors, including electric vehicles,
batteries, glassware, automotive components, defence machinery, telecommunication equipment,
capacitors, super alloys, carbides and medical technology

All of India’s lithium requirement is imported from countries such as Chile, Russia, China, Ireland and
Belgium. Berrylium is sourced from Russia, the UK, Netherlands, South Africa and China

The Geological Survey of India has found the presence of significant lithium reserves totalling 5.9
million tonnes in Reasi district of Jammu and Kashmir. Another reserve has been found in Rajasthan.
Dukan has made an AI bot Lina

Apple has set a target to make all its products carbon neutral by 2030 in India

Narendra Modi honoured by grand cross of legion award by France this is highest national award by
France due to good work India has done for France

Meeting with France regarding new fight jets

Online gaming:- industry tax from 18% →28%

India’s exports decline by 22% on month of June/July

Govt is seeking to cut gst on ghee/butter from 12% to 5%

Ghee in premium product.

Chatgpt reveals some personal information regarding a person in America

Sensex has crossed 66k due to foreign investments

Nifty to 19500