#fuel rates in india

[bumblebeeappletree]

Farmers are angry and protesting across Europe, India, seemingly all over the world. What exactly do they want – and do they have a point?

#planeta #farmersprotest #agriculture

We're destroying our environment at an alarming rate. But it doesn't need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we'll take a truly global look at how to get us out of this mess.

Credits:

Reporter: Beina Xu

Video editor: Markus Mörtzt

Supervising editors: Kiyo Dörrer, Malte Rohwer-Kahlmann

Fact-check: Alexander Paquet

Thumbnail: Em Chabridon

Read more:

"MSP Guarantee Alone Will Not Improve Farm Incomes", India Spend: https://www.indiaspend.com/governance...

The Common Agricultural Policy: An Overview

https://www.europenowjournal.org/2020...

"How farmers’ protests in Europe and India share common ground", thehindu.com:

https://frontline.thehindu.com/the-na...

Analysis: How do the EU farmer protests relate to climate change?, CarbonBrief

https://www.carbonbrief.org/analysis-...

Chapters:

00:00 Intro

00:45 Why are the farmers so angry?

03:10 What's going on in India?

04:05 Is the system rigged?

07:21 Green deal - but who pays?

09:19 What can we do about it?

[reasonsforhope]

Scientists have developed a new solar-powered system to convert saltwater into fresh drinking water which they say could help reduce dangerous the risk of waterborne diseases like cholera.

Via tests in rural communities, they showed that the process is more than 20% cheaper than traditional methods and can be deployed in rural locations around the globe.

Building on existing processes that convert saline groundwater to freshwater, the researchers from King’s College London, in collaboration with MIT and the Helmholtz Institute for Renewable Energy Systems, created a new system that produced consistent levels of water using solar power, and reported it in a paper published recently in Nature Water.

It works through a process called electrodialysis which separates the salt using a set of specialized membranes that channel salt ions into a stream of brine, leaving the water fresh and drinkable. By flexibly adjusting the voltage and the rate at which salt water flowed through the system, the researchers developed a system that adjusts to variable sunshine while not compromising on the amount of fresh drinking water produced.

Using data first gathered in the village of Chelleru near Hyderabad in India, and then recreating these conditions of the village in New Mexico, the team successfully converted up to 10 cubic meters, or several bathtubs worth of fresh drinking water. This was enough for 3,000 people a day with the process continuing to run regardless of variable solar power caused by cloud coverage and rain.

[Note: Not sure what metric they're using to calculate daily water needs here. Presumably this is drinking water only.]

Dr. Wei He from the Department of Engineering at King’s College London believes the new technology could bring massive benefits to rural communities, not only increasing the supply of drinking water but also bringing health benefits.

“By offering a cheap, eco-friendly alternative that can be operated off the grid, our technology enables communities to tap into alternative water sources (such as deep aquifers or saline water) to address water scarcity and contamination in traditional water supplies,” said He.

“This technology can expand water sources available to communities beyond traditional ones and by providing water from uncontaminated saline sources, may help combat water scarcity or unexpected emergencies when conventional water supplies are disrupted, for example like the recent cholera outbreaks in Zambia.”

In the global rural population, 1.6 billion people face water scarcity, many of whom are reliant on stressed reserves of groundwater lying beneath the Earth’s surface.

However, worldwide 56% of groundwater is saline and unsuitable for consumption. This issue is particularly prevalent in India, where 60% of the land harbors undrinkable saline water. Consequently, there is a pressing need for efficient desalination methods to create fresh drinking water cheaply, and at scale.

Traditional desalination technology has relied either on costly batteries in off-grid systems or a grid system to supply the energy necessary to remove salt from the water. In developing countries’ rural areas, however, grid infrastructure can be unreliable and is largely reliant on fossil fuels...

“By removing the need for a grid system entirely and cutting reliance on battery tech by 92%, our system can provide reliable access to safe drinking water, entirely emission-free, onsite, and at a discount of roughly 22% to the people who need it compared to traditional methods,” He said.

The system also has the potential to be used outside of developing areas, particularly in agriculture where climate change is leading to unstable reserves of fresh water for irrigation.

The team plans to scale up the availability of the technology across India through collaboration with local partners. Beyond this, a team from MIT also plans to create a start-up to commercialize and fund the technology.

“While the US and UK have more stable, diversified grids than most countries, they still rely on fossil fuels. By removing fossil fuels from the equation for energy-hungry sectors like agriculture, we can help accelerate the transition to Net Zero,” He said.

-via Good News Network, April 2, 2024

[probablyasocialecologist]

The standard legend of India’s Green Revolution centers on two propositions. First, India faced a food crisis, with farms mired in tradition and unable to feed an exploding population; and second, Borlaug’s wheat seeds led to record harvests from 1968 on, replacing import dependence with food self-sufficiency.

Recent research shows that both claims are false.

India was importing wheat in the 1960s because of policy decisions, not overpopulation. After the nation achieved independence in 1947, Prime Minister Jawaharlal Nehru prioritized developing heavy industry. U.S. advisers encouraged this strategy and offered to provide India with surplus grain, which India accepted as cheap food for urban workers.

Meanwhile, the government urged Indian farmers to grow nonfood export crops to earn foreign currency. They switched millions of acres from rice to jute production, and by the mid-1960s India was exporting agricultural products.

Borlaug’s miracle seeds were not inherently more productive than many Indian wheat varieties. Rather, they just responded more effectively to high doses of chemical fertilizer. But while India had abundant manure from its cows, it produced almost no chemical fertilizer. It had to start spending heavily to import and subsidize fertilizer.

India did see a wheat boom after 1967, but there is evidence that this expensive new input-intensive approach was not the main cause. Rather, the Indian government established a new policy of paying higher prices for wheat. Unsurprisingly, Indian farmers planted more wheat and less of other crops.

Once India’s 1965-67 drought ended and the Green Revolution began, wheat production sped up, while production trends in other crops like rice, maize and pulses slowed down. Net food grain production, which was much more crucial than wheat production alone, actually resumed at the same growth rate as before.

But grain production became more erratic, forcing India to resume importing food by the mid-1970s. India also became dramatically more dependent on chemical fertilizer.

According to data from Indian economic and agricultural organizations, on the eve of the Green Revolution in 1965, Indian farmers needed 17 pounds (8 kilograms) of fertilizer to grow an average ton of food. By 1980, it took 96 pounds (44 kilograms). So, India replaced imports of wheat, which were virtually free food aid, with imports of fossil fuel-based fertilizer, paid for with precious international currency.

Today, India remains the world’s second-highest fertilizer importer, spending US$17.3 billion in 2022. Perversely, Green Revolution boosters call this extreme and expensive dependence “self-sufficiency.”

[thoughtlessarse]

Record emissions, temperatures and population mean more scientists are looking into possibility of societal collapse, report says Many of Earth’s “vital signs” have hit record extremes, indicating that “the future of humanity hangs in the balance”, a group of the world’s most senior climate experts have said. More and more scientists are now looking into the possibility of societal collapse, says the report, which assessed 35 vital signs in 2023 and found that 25 were worse than ever recorded, including carbon dioxide levels and human population. This indicates a “critical and unpredictable new phase of the climate crisis”, it says. The temperature of Earth’s surface and oceans hit an all-time high, driven by record burning of fossil fuels, the report found. Human population is increasing at a rate of approximately 200,000 people a day and the number of cattle and sheep by 170,000 a day, all adding to record greenhouse gas emissions. The scientists identified 28 feedback loops, including increasing emissions from melting permafrost, which could help trigger multiple tipping points, such as the collapse of the massive Greenland icecap. Global heating is driving increasingly deadly extreme weather across the world, they said, including hurricanes in the US and 50C heatwaves in India, with billions of people now exposed to extreme heat. The scientists said their goal was “to provide clear, evidence-based insights that inspire informed and bold responses from citizens to researchers and world leaders – we just want to act truthfully and tell it like it is.” 

continue reading

[thepastisalreadywritten]

TOKYO, Sept 7 (Reuters) - Japan launched its lunar exploration spacecraft on Thursday aboard a homegrown H-IIA rocket, hoping to become the world's fifth country to land on the moon early next year.

Japan Aerospace Exploration Agency (JAXA) said the rocket took off from Tanegashima Space Center in southern Japan as planned and successfully released the Smart Lander for Investigating Moon (SLIM).

Unfavourable weather led to three postponements in a week last month.

Dubbed the "moon sniper," Japan aims to land SLIM within 100 metres of its target site on the lunar surface.

The $100-million mission is expected to start the landing by February after a long, fuel-efficient approach trajectory.

"The big objective of SLIM is to prove the high-accuracy landing ... to achieve 'landing where we want' on the lunar surface, rather than 'landing where we can'," JAXA President Hiroshi Yamakawa told a news conference.

The launch comes two weeks after India became the fourth nation to successfully land a spacecraft on the moon with its Chandrayaan-3 mission to the unexplored lunar south pole.

Around the same time, Russia's Luna-25 lander crashed while approaching the moon.

Two earlier lunar landing attempts by Japan failed in the last year.

JAXA lost contact with the OMOTENASHI lander and scrubbed an attempted landing in November.

The Hakuto-R Mission 1 lander, made by Japanese startup ispace (9348.T), crashed in April as it attempted to descend to the lunar surface.

SLIM is set to touch down on the near side of the moon close to Mare Nectaris, a lunar sea that, viewed from Earth, appears as a dark spot.

Its primary goal is to test advanced optical and image processing technology.

After landing, the craft aims to analyse the composition of olivine rocks near the sites in search of clues about the origin of the moon. No lunar rover is loaded on SLIM.

Thursday's H-IIA rocket also carried the X-Ray Imaging and Spectroscopy Mission (XRISM) satellite, a joint project of JAXA, NASA and the European Space Agency.

The satellite aims to observe plasma winds flowing through the universe that scientists see as key to helping understand the evolution of stars and galaxies.

Mitsubishi Heavy Industries (7011.T) manufactured the rocket and operated the launch, which marked the 47th H-IIA rocket Japan has launched since 2001, bringing the vehicle's success rate close to 98%.

JAXA had suspended the launch of H-IIA carrying SLIM for several months while it investigated the failure of its new medium-lift H3 rocket during its debut in March.

Japan's space missions have faced other recent setbacks, with the launch failure of the Epsilon small rocket in October 2022, followed by an engine explosion during a test in July.

The country aims to send an astronaut to the moon's surface in the latter half of the 2020s as part of NASA's Artemis programme.

https://www.reuters.com/technology/space/japan-launches-rocket-carrying-moon-lander-slim-after-three-delays-2023-09-06/

Japan launches 'Moon Sniper' mission | AFP

7 September 2023

Japan's "Moon Sniper" mission blasted off Thursday as the country's space programme looks to bounce back from a string of recent mishaps, weeks after India's historic lunar triumph.

[communicationblogs]

Coiled Tubing Insights: A Deep Dive into Services, Operations, and Applications

Coiled Tubing Market Overview:

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Coiled Tubing Market Report Coverage

The “Coiled Tubing Market Report — Forecast (2024–2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Coiled Tubing Industry. By Service: Well Intervention & Production, Drilling, Perforating, Fracturing, Engineering Services, Milling Services, Nitrogen services and others. By Operations: Circulation, Pumping, Logging, Perforation, Milling and Others. By Technology/Services: Software Solutions, Hardware By Location: On-Shore, Off-Shore By Application: Wellbore Cleanouts, Electrical Submersible Pump Cable Conduit, Fracturing, Pipeline Cleanout, Fishing, Cementing, Nitrogen Jetting and others. By End Use Industry: Oil and gas Industry, Engineering Procurement and Construction Industry, Others By Geography: North America (U.S, Canada, Mexico), South America (Brazil, Argentina, and others), Europe (Germany, UK, France, Italy, Spain, and Others), APAC (China, Japan India, SK, Australia and Others), and RoW (Middle East and Africa)

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Key Takeaways

North America dominates the Coiled Tubing Market share of 46.6% in 2023, owing to its advanced oil and gas industry, technological innovation, and substantial investments in exploration and production activities.

The development of unconventional resources, such as shale oil and gas, has increased the demand for coiled tubing services. Coiled tubing is often employed in hydraulic fracturing (fracking) operations in these unconventional reservoirs.

Well intervention services, including well cleaning, stimulation, and logging, are major applications of coiled tubing. As older wells require maintenance and newer wells require optimization, as a result growing the Demand for Well Intervention Services using coiled tubing continues to increase.

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Coiled Tubing Market Drivers

Increased Exploration and Production Activities

The surge in oil and gas exploration, notably in unconventional resources such as shale, tight gas, and heavy oil, is fueling the demand for coiled tubing services. Integral to well intervention and stimulation procedures, coiled tubing plays a pivotal role in sustaining and augmenting production rates. This heightened exploration and production activity underscores the significance of coiled tubing services in maintaining operational efficiency and maximizing output in the energy sector.

Increasing Energy Demand

The escalating global energy demand propels the coiled tubing market forward. With an ever-growing need for energy resources, particularly in oil and gas sectors, there’s a heightened requirement for efficient extraction methods. Coiled tubing technology offers a versatile and cost-effective solution for various well intervention and drilling operations, catering to the increasing complexities of resource extraction. Its flexibility, mobility, and ability to access challenging environments make it indispensable in meeting the surging energy demands worldwide. As industries strive to optimize production and enhance operational efficiency, coiled tubing emerges as a crucial component in the quest for sustainable energy solutions.

[beardedmrbean]

Scientists have developed a new solar-powered system to convert saltwater into fresh drinking water which they say could help reduce dangerous the risk of waterborne diseases like cholera.

Via tests in rural communities, they showed that the process is more than 20% cheaper than traditional methods and can be deployed in rural locations around the globe.

Building on existing processes that convert saline groundwater to freshwater, the researchers from King’s College London, in collaboration with MIT and the Helmholtz Institute for Renewable Energy Systems, created a new system that produced consistent levels of water using solar power, and reported it in a paper published recently in Nature Water

It works through a process called electrodialysis which separates the salt using a set of specialized membranes that channel salt ions into a stream of brine, leaving the water fresh and drinkable. By flexibly adjusting the voltage and the rate at which salt water flowed through the system, the researchers developed a system that adjusts to variable sunshine while not compromising on the amount of fresh drinking water produced.

Using data first gathered in the village of Chelleru near Hyderabad in India, and then recreating these conditions of the village in New Mexico, the team successfully converted up to 10 cubic meters, or several bathtubs worth of fresh drinking water. This was enough for 3,000 people a day with the process continuing to run regardless of variable solar power caused by cloud coverage and rain.

Dr. Wei He from the Department of Engineering at King’s College London believes the new technology could bring massive benefits to rural communities, not only increasing the supply of drinking water but also bringing health benefits.

“By offering a cheap, eco-friendly alternative that can be operated off the grid, our technology enables communities to tap into alternative water sources (such as deep aquifers or saline water) to address water scarcity and contamination in traditional water supplies,” said He.

“This technology can expand water sources available to communities beyond traditional ones and by providing water from uncontaminated saline sources, may help combat water scarcity or unexpected emergencies when conventional water supplies are disrupted, for example like the recent cholera outbreaks in Zambia.”

In the global rural population, 1.6 billion people face water scarcity, many of whom are reliant on stressed reserves of groundwater lying beneath the Earth’s surface.

However, worldwide 56% of groundwater is saline and unsuitable for consumption. This issue is particularly prevalent in India, where 60% of the land harbors undrinkable saline water. Consequently, there is a pressing need for efficient desalination methods to create fresh drinking water cheaply, and at scale.

Traditional desalination technology has relied either on costly batteries in off-grid systems or a grid system to supply the energy necessary to remove salt from the water. In developing countries’ rural areas, however, grid infrastructure can be unreliable and is largely reliant on fossil fuels.

Creating a low-cost ‘battery-like’ desalination technology removes the reliance on battery technology for using intermittent solar energy in off-grid applications, enabling affordability to rural communities in developing countries like India.

“By removing the need for a grid system entirely and cutting reliance on battery tech by 92%, our system can provide reliable access to safe drinking water, entirely emission-free, onsite, and at a discount of roughly 22% to the people who need it compared to traditional methods,” He said.

The system also has the potential to be used outside of developing areas, particularly in agriculture where climate change is leading to unstable reserves of fresh water for irrigation.

The team plans to scale up the availability of the technology across India through collaboration with local partners. Beyond this, a team from MIT also plans to create a start-up to commercialize and fund the technology.

“While the US and UK have more stable, diversified grids than most countries, they still rely on fossil fuels. By removing fossil fuels from the equation for energy-hungry sectors like agriculture, we can help accelerate the transition to Net Zero,” He said.

“The next step for us is to apply this low-cost technology to other sectors, including wastewater treatment, and producing alkaline to make the ocean more alkaline to help it absorb more CO2 from the atmosphere. By taking this approach not only can we decarbonize agriculture, but wider environmental and climate benefits as well.”

[exotic-car-hire]

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[energyandpowertrends]

PV Inverters Market Set to Surge: Global Forecast 2024-2032 Predicts Growth from $12.9B to $47.44B

The PV inverters market Growth is experiencing robust growth, driven by the escalating demand for solar energy solutions globally. Estimated at USD 12.9 billion in 2023, the market is projected to surpass USD 47.44 billion by 2032, exhibiting a remarkable compound annual growth rate (CAGR) of 18.5% during the forecast period from 2024 to 2032. This surge is primarily attributed to the increasing focus on renewable energy adoption, climate change mitigation, and the growing shift towards decarbonization across industries.

Download Sample Pages: https://www.snsinsider.com/sample-request/1336 

A key factor driving this growth is the variety of PV inverter types available, including central, string, and micro inverters, each designed to meet specific power requirements. Central PV inverters, typically used in large-scale solar farms, dominate the utilities sector, while string inverters are favored in both residential and commercial applications for their flexibility and ease of installation. Micro inverters, known for optimizing energy output at the panel level, are gaining traction in the residential sector, particularly in regions where rooftop solar systems are becoming more prevalent.

The market is also categorized by product type, including central, string, micro PV inverters, and others, each contributing significantly to the overall market size. Moreover, advancements in smart grid technology and energy storage systems are expected to boost the integration of PV inverters into energy management systems, improving grid stability and energy efficiency.

Another driving force is the segmentation by application, which covers residential, commercial & industrial, and utility sectors. The residential sector is witnessing rapid growth due to declining costs of solar panels and increased government incentives, while commercial and industrial applications are expanding as businesses seek cost-effective and sustainable energy sources. Utility-scale projects continue to be a major contributor, especially in regions with vast solar energy potential.

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In terms of connectivity, the market is divided into standalone and on-grid systems. On-grid PV inverters are prevalent in regions with well-established grid infrastructure, while standalone systems are gaining traction in remote areas and developing regions.

Geographically, the Asia-Pacific region is leading the market, driven by large-scale solar projects in countries like China, India, and Japan. North America and Europe are also significant players, fueled by government policies and incentives promoting renewable energy adoption. As more regions invest in solar infrastructure, the PV inverters market is expected to witness unprecedented growth.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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[psychicsheeparcade]

Lactose Intolerance Market Growth, Opportunities and Industry Forecast Report 2034

Lactose intolerance is a digestive disorder where individuals cannot digest lactose, a sugar found in milk and dairy products. This has led to a significant demand for lactose-free products, including dairy alternatives and enzyme supplements, creating a thriving market. The lactose intolerance market is expected to see strong growth in the coming years, driven by rising lactose intolerance cases, particularly in Asia-Pacific, where a large percentage of the population is affected.

The  lactose intolerance Market related products, including lactose-free foods, beverages, and lactase supplements, has witnessed strong growth. The global lactose-free market was valued at around USD 12 billion in 2022 and is projected to reach USD 18-20 billion by 2030, growing at a compound annual growth rate (CAGR) of approximately 6-7%. The rising consumer awareness about the digestive issues associated with lactose intolerance is a key factor driving this growth.

Get a Sample Copy of Report, Click Here: https://wemarketresearch.com/reports/request-free-sample-pdf/global-lactose-intolerance-market/1521

Lactose Intolerance Market Drivers

Several factors are driving the growth of the lactose intolerance market:

Increasing Prevalence: Studies indicate that over 65% of the global population has some degree of lactose intolerance, leading to higher demand for solutions.

Rising Health Awareness: As more consumers seek to avoid gastrointestinal discomfort associated with lactose consumption, awareness campaigns and medical advice have led to a surge in demand for lactose-free products.

Dairy Alternatives: Growing interest in plant-based diets is pushing demand for lactose-free dairy alternatives like almond, soy, oat, and coconut milk. Veganism is another contributing factor here.

Product Innovations: Manufacturers are developing lactose-free dairy products, including milk, cheese, and yogurt, as well as supplements like lactase enzymes.

Lactose Intolerance Market Trends

Consumer Preference Shift: There has been a notable shift toward plant-based alternatives and lactose-free products as consumers seek more sustainable and healthy choices.

Fortification of Dairy Alternatives: Companies are fortifying plant-based products with nutrients like calcium, vitamin D, and protein to match the nutritional profile of traditional dairy.

Online Retail Growth: The rise of e-commerce platforms has made lactose-free products more accessible, increasing consumer convenience and fueling market growth.

Lactose Intolerance Market Challenges

Product Cost: Lactose-free products are often more expensive than their traditional counterparts, which can limit their appeal to cost-sensitive consumers.

Taste and Texture: Some consumers may still prefer the taste and texture of regular dairy products, which can make transitioning to lactose-free or plant-based alternatives challenging.

Lactose Intolerance Market Regional Analysis

North America and Europe are leading markets for lactose-free products, driven by well-established dairy industries and rising lactose intolerance awareness. The U.S. and Germany are key markets in these regions.

The Asia-Pacific region is expected to witness the highest growth, fueled by the high prevalence of lactose intolerance, particularly in countries like China, India, and Japan. The region’s large population, combined with increased disposable income and growing awareness of lactose intolerance, is propelling the market forward.

Lactose Intolerance Market Segmentation,

Product Type:

Lactose-Free Dairy Products: Milk, cheese, yogurt, ice cream.

Dairy Alternatives: Soy milk, almond milk, rice milk, oat milk.

Distribution Channel:

Supermarkets and Hypermarkets

Online Stores

Specialty Stores

Convenience Stores

Key companies profiled in this research study are,

Nestlé S.A.

Danone S.A.

The Coca-Cola Company (Fairlife)

Johnson & Johnson (Lactaid)

General Mills, Inc.

Valio Ltd.

Arla Foods amba

Dean Foods Company

Parmalat S.p.A.

Saputo Inc.

Conclusion

The Lactose Intolerance Market is poised for sustained growth, driven by increasing global awareness of lactose intolerance and the rising demand for lactose-free and dairy alternative products. As more individuals seek health-conscious, digestive-friendly, and sustainable options, the market for lactose-free dairy, plant-based alternatives, and lactase supplements will continue to expand. However, challenges such as product cost and taste preferences need to be addressed through innovation. With major industry players focusing on product development and fortification, the future of the lactose intolerance market appears promising, offering both consumers and businesses a wide range of opportunities.

[prachicmi]

Valves Market is Estimated to Witness High Growth

Valves Market is Estimated to Witness High Growth Owing to Rising Constructional and Infrastructure Development Activities The valves market comprises products such as gate valves, globe valves, check valves, butterfly valves, ball valves and pressure regulating valves which are used to control the flow, pressure and direction of fluids. Valves are extensively used in power plants, refineries, oil & gas, water & wastewater and construction activities. These products play a key role in fluid transportation and management which makes them an integral component across various industrial sectors. Rising infrastructure development projects across both developed and developing nations are augmenting the demand for valves. Moreover, growing pipeline networks for oil & gas transportation is also favoring market growth. The Global valves market is estimated to be valued at US$ 83 Mn in 2024 and is expected to exhibit a CAGR of 3.5% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the valves market are Tyson Foods, Inc., JBS S.A., Pilgrim's Pride Corporation, Wens Foodstuff Group Co. Ltd., BRF S.A., Perdue Farms, Sanderson Farms, Baiada Poultry, Bates Turkey Farm, and Amrit Group. The major players are focusing on capacity expansion plans and mergers & acquisitions to gain market share. Rising population and changing diets are expected to fuel the growth of the poultry sector which presents significant opportunities for valve manufacturers. With the growing poultry industry, demand for processing equipment including valves is also projected to rise substantially over the forecast period. The global valves market is estimated to witness growth across key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This can be attributed to surging investments in oil & gas, water & wastewater infrastructure, and industrial development projects worldwide. Emerging economies with high urbanization rates like China and India also offer lucrative prospects for market expansion. Market Drivers The key driver behind the Valves Market Demand is the increasing constructional and infrastructure development activities worldwide. There is huge government focus as well as private investments toward projects such as roadways, railways, metro stations, power generation, water supply, etc. which involves extensive use of valves in various process applications. Further, the rising need for energy and growing focus on rural electrification has boosted investments in power transmission and distribution sector augmenting valves demand.

PEST Analysis

Political: The valves market is regulated by laws pertaining to safety, environmental protection and quality standards. New regulations regarding emissions could impact demand patterns. Economic: Changes in the global and regional economic conditions directly impact spending on industries like oil & gas, energy & power, and water & wastewater management which influences Valves demand. Social: Growing population and urbanization is increasing requirements for water, energy and other infrastructure development which boost the usage of valves. Technological: Advancements in materials and designs of valves are improving efficiency, lowering costs and enabling usage in newer applications. Digitalization is also aiding remote monitoring of industrial valves. The regions concentrating maximum valves market share in terms of Valves Market Size and Trends include North America, Europe and Asia Pacific. North America accounts for a major portion owing to strong presence of end-use industries like oil & gas and significant infrastructure spending. Europe and Asia Pacific are also sizable markets led by Germany, China, India respectively. The fastest growing regional market for valves is expected to be Asia Pacific led by increasing investments in water & wastewater management, power projects and industrial activities in China and India. Rising standards of living and initiatives to improve urban infrastructure will further drive the demand across developing nations in the region.

Get more insights Valves Market

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Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

[reasonsforhope]

"India’s announcement that it aims to reach net zero emissions by 2070 and to meet fifty percent of its electricity requirements from renewable energy sources by 2030 is a hugely significant moment for the global fight against climate change. India is pioneering a new model of economic development that could avoid the carbon-intensive approaches that many countries have pursued in the past – and provide a blueprint for other developing economies.

The scale of transformation in India is stunning. Its economic growth has been among the highest in the world over the past two decades, lifting of millions of people out of poverty. Every year, India adds a city the size of London to its urban population, involving vast construction of new buildings, factories and transportation networks. Coal and oil have so far served as bedrocks of India’s industrial growth and modernisation, giving a rising number of Indian people access to modern energy services. This includes adding new electricity connections for 50 million citizens each year over the past decade. 

The rapid growth in fossil energy consumption has also meant India’s annual CO2 emissions have risen to become the third highest in the world. However, India’s CO2 emissions per person put it near the bottom of the world’s emitters, and they are lower still if you consider historical emissions per person. The same is true of energy consumption: the average household in India consumes a tenth as much electricity as the average household in the United States.  

India’s sheer size and its huge scope for growth means that its energy demand is set to grow by more than that of any other country in the coming decades. In a pathway to net zero emissions by 2070, we estimate that most of the growth in energy demand this decade would already have to be met with low-carbon energy sources. It therefore makes sense that Prime Minister Narendra Modi has announced more ambitious targets for 2030, including installing 500 gigawatts of renewable energy capacity, reducing the emissions intensity of its economy by 45%, and reducing a billion tonnes of CO2. 

These targets are formidable, but the good news is that the clean energy transition in India is already well underway. It has overachieved its commitment made at COP 21- Paris Summit [a.k.a. 2015, at the same conference that produced the Paris Agreement] by already meeting 40% of its power capacity from non-fossil fuels- almost nine years ahead of its commitment, and the share of solar and wind in India’s energy mix have grown phenomenally. Owing to technological developments, steady policy support, and a vibrant private sector, solar power plants are cheaper to build than coal ones. Renewable electricity is growing at a faster rate in India than any other major economy, with new capacity additions on track to double by 2026...

Subsidies for petrol and diesel were removed in the early 2010s, and subsidies for electric vehicles were introduced in 2019. India’s robust energy efficiency programme has been successful in reducing energy use and emissions from buildings, transport and major industries. Government efforts to provide millions of households with fuel gas for cooking and heating are enabling a steady transition away from the use of traditional biomass such as burning wood. India is also laying the groundwork to scale up important emerging technologies such as hydrogen, battery storage, and low-carbon steel, cement and fertilisers..."

-via IEA (International Energy Agency), January 10, 2022

Note: And since that's a little old, here's an update to show that progress is still going strong:

-via Economic Times: EnergyWorld, March 10, 2023

[mariacallous]

As Russia ramps up its second offensive, a debate has erupted over whether Moscow or Kyiv will have the upper hand in 2023. While important, such discourse also misses a larger point related to the conflict’s longer-term consequences. In the long run, the true loser of the war is already clear; Russian President Vladimir Putin’s invasion of Ukraine will be remembered as a historic folly that left Russia economically, demographically, and geopolitically worse off.

Start with the lynchpin of Russia’s economy: energy. In contrast to Europe’s (very real) dependence on Russia for fossil fuels, Russia’s economic dependence on Europe has largely gone unremarked upon. As late as 2021, for example, Russia exported 32 percent of its coal, 49 percent of its oil, and a staggering 74 percent of its gas to OECD Europe alone. Add in Japan, South Korea, and non-OECD European countries that have joined Western sanctions against Russia, and the figure is even higher. A trickle of Russian energy continues to flow into Europe, but as the European Union makes good on its commitment to phase out Russian oil and gas, Moscow may soon find itself shut out of its most lucrative export market.

In a petrostate like Russia that derives 45 percent of its federal budget from fossil fuels, the impact of this market isolation is hard to overstate. Oil and coal exports are fungible, and Moscow has indeed been able to redirect them to countries such as India and China (albeit at discounted rates, higher costs, and lower profits). Gas, however, is much harder to reroute because of the infrastructure needed to transport it. With its $400 billion gas pipeline to China, Russia has managed some progress on this front, but it will take years to match current capacity to the EU. In any case, China’s leverage as a single buyer makes it a poor substitute for Europe, where Russia can bid countries against one another.

This market isolation, however, would be survivable were it not for the gravest unintended consequence of Russia’s war—an accelerated transition toward decarbonization. It took a gross violation of international law, but Putin managed to convince Western leaders to finally treat independence from fossil fuels as a national security issue and not just an environmental one.

This is best seen in Europe’s turbocharged transition toward renewable energy, where permitting processes that used to take years are being pushed up. A few months after the invasion, for example, Germany jump-started construction on what will soon be Europe’s largest solar plant. Around the same time, Britain accelerated progress on Hornsea 3, slated to become the world’s largest offshore wind farm upon completion. The results already speak for themselves; for the first time ever last year, wind and solar combined for a higher share of electrical generation in Europe than oil and gas. And this says nothing of other decarbonization efforts such as subsidies for heat pumps in the EU, incentives for clean energy in the United States, and higher electric vehicle uptake everywhere.

The cumulative effect for Russia could not be worse. Sooner or later, lower demand for fossil fuels will dramatically and permanently lower the price for oil and gas—an existential threat to Russia’s economy. When increased U.S. shale production depressed oil prices in 2014, for example, Russia experienced a financial crisis. Lower global demand for fossil fuels will play out over a longer timeline, but the result for Russia will be much graver. With its invasion, Russia hastened the arrival of an energy transition that promises to unravel its economy.

Beyond a smaller and less efficient economy, Putin’s war in Ukraine will also leave Russia with a smaller and less dynamic population. Russia’s demographic problems are well-documented, and Putin had intended to start reversing the country’s long-running population decline in 2022. In a morbid twist, the year is likelier to mark the start of its irrevocable fall. The confluence of COVID and an inverted demographic pyramid already made Russia’s demographic outlook dire. The addition of war has made it catastrophic.

To understand why, it’s important to understand the demographic scar left by the 1990s. In the chaos that followed the Soviet Union’s dissolution, Russia’s birthrate plunged to 1.2 children per woman, far below the 2.1 needed for a population to remain stable. The effects can still be seen today; while there are 12 million Russians aged 30-34 (born just before the breakup of the Soviet Union), there are just 7 million aged 20-24 (born during the chaos that followed it). That deficit meant Russia’s population was already poised to fall, simply because a smaller number of people would be able to have children in the first place.

Russia’s invasion has made this bad demographic hand cataclysmic. At least 120,000 Russian soldiers have died so far—many in their 20s and from the same small generation Russia can scarcely afford to lose. Many more have emigrated, if they can, or simply fled to other countries to try to wait out the war; exact numbers are hard to calculate, but the 32,000 Russians who have immigrated to Israel alone suggest the total number approaches a million.

Disastrously, the planning horizons of Russian families have been upended; it is projected that fewer than 1.2 million Russian babies may be born next year, , which would leave Russia with its lowest birthrate since 2000. A spike in violent crime, a rise in alcohol consumption, and other factors that collude against a family’s decision to have children may depress the birthrate further still. Ironically, over the last decade Putin managed to slow (if not reverse) Russia’s population decline through lavish payoffs for new mothers. Increased military spending and the debt needed to finance it will make such generous natalist policies harder.

The invasion has left Russia even worse off geopolitically. Unlike hard numbers and demographic data, such lost influence is hard to measure. But it can be seen everywhere, from public opinion polls across the West to United Nations votes that the Kremlin has lost by margins as high as 141 to 5. It can also be seen in Russia’s own backyard; while an emboldened NATO could soon include Sweden and Finland, Russia’s own Collective Security Treaty Organization is tearing at the seams as traditional allies such as Kazakhstan and Armenia realize the Kremlin’s impotence and look to China for security.

Perhaps most important of all, Russia has reinvigorated the cause of liberal democracy. In the year after its invasion, French President Emmanuel Macron won a rare second term in France, the far-right AfD lost ground in three successive elections in Germany, and “Make America Great Again” Republicans paid an electoral penalty in the U.S. midterms. (The far right did sweep into power in both Sweden and Italy, but such wins have so far failed to dent Western unity and appear more motivated by immigration.) And this says nothing of the wave of democratic consolidation playing out across Eastern Europe, where voters have thrown out illiberal populists in Slovenia and Czechia in the last year alone. It is impossible to attribute any of these outcomes to just one factor (U.S. Democrats also got a boost from the overturn of Roe v. Wade and election denialism, for example), but Russia’s invasion—and the clear choice between liberalism and autocracy it presented—no doubt helped.

Nowhere, however, has Russia’s invasion backfired more than in Ukraine. Contrary to Putin’s historical revisionism, Ukraine has long had a national identity distinct from Russia’s. But it’s also long been fractured along linguistic lines, with many of its elites intent on maintaining close relations with the Kremlin and even the public unsure about greater alignment with the West.

No longer. Ninety-one percent of Ukrainians now favor joining NATO, a figure unthinkable just a decade ago. Eighty-five percent of Ukrainians consider themselves Ukrainian above all else, a marker of civic identity that has grown by double digits since Russia’s invasion. Far from protecting the Russian language in Ukraine, Putin appears to have hastened its demise as native Russian speakers (Ukrainian President Volodymyr Zelensky included) switch to Ukrainian en masse. Putin launched his invasion to bring Ukraine back into Moscow’s orbit. He has instead anchored its future in the West.

Of course, one can argue that, however much the war has cost Russia, it has cost Ukraine exponentially more. This is true. Ukraine’s economy shrank by more than 30 percent last year, while Russia’s economy contracted by just about 3 percent. And this says nothing of the human toll Ukraine has suffered. But, like Brexit, Western sanctions on Russia will play out as a slow burn, not an immediate collapse. And while Russia enters a protracted period of economic and demographic decline, once peace comes, Ukraine will have the combined industrial capacity of the EU, United States, and United Kingdom to support it as the West’s newest institutional member—precisely the outcome Putin hoped to avoid. Russia may yet make new territorial gains in the Donbas. But in the long run, such gains are immaterial—Russia has already lost.

[foxnangelseo]

FDI in India: Unleashing Growth Potential in 2024

Introduction

Foreign Direct Investment (FDI) has been a cornerstone of India's economic growth, driving industrial development, technological advancement, and job creation. As we move into 2024, the FDI landscape in India is poised for substantial growth, bolstered by a favorable policy environment, a burgeoning consumer market, and strategic government initiatives. This blog delves into the potential of FDI in India for 2024, examining the key sectors attracting investment, the regulatory framework, and the strategies investors can employ to navigate this dynamic market.

The Significance of FDI in India

FDI is crucial for India’s economic progress, providing the capital, technology, and expertise needed to enhance productivity and competitiveness. It facilitates the integration of India into the global economy, stimulates innovation, and creates employment opportunities. Over the past decade, India has emerged as one of the top destinations for FDI, reflecting its economic resilience and strategic importance.

Historical Context and Recent Trends

India's FDI inflows have shown a consistent upward trend, reaching record levels in recent years. According to the Department for Promotion of Industry and Internal Trade (DPIIT), India attracted FDI inflows worth $81.72 billion in 2021-22, highlighting its strong appeal among global investors. The sectors that have traditionally attracted significant FDI include services, telecommunications, computer software and hardware, trading, construction, and automobiles.

Key Factors Driving FDI in India

1. Economic Growth and Market Size

India's economy is one of the fastest-growing in the world, with a projected GDP growth rate of around 6-7% in 2024. The country’s large and youthful population offers a vast consumer base, making it an attractive market for foreign investors. The rising middle class and increasing disposable incomes further fuel demand across various sectors.

2. Strategic Government Initiatives

The Indian government has implemented several initiatives to make the country more investor-friendly. Programs like 'Make in India,' 'Digital India,' and 'Startup India' are designed to boost manufacturing, digital infrastructure, and entrepreneurial ventures. These initiatives, coupled with reforms in labor laws and ease of doing business, create a conducive environment for FDI.

3. Infrastructure Development

Significant investments in infrastructure development, including roads, railways, ports, and urban infrastructure, enhance connectivity and logistics efficiency. The development of industrial corridors and smart cities further improves the attractiveness of India as an investment destination.

4. Favorable Regulatory Environment

India has progressively liberalized its FDI policy, allowing 100% FDI in most sectors under the automatic route. This means that foreign investors do not require prior government approval, simplifying the investment process. The government has also streamlined regulatory procedures and improved transparency to facilitate ease of doing business.

Key Sectors Attracting FDI in 2024

1. Technology and Digital Economy

The technology sector continues to be a magnet for FDI, driven by India’s growing digital ecosystem, skilled workforce, and innovation capabilities. Investments in software development, IT services, and emerging technologies like artificial intelligence, blockchain, and cybersecurity are expected to surge.

2. Manufacturing and Industrial Production

The 'Make in India' initiative aims to transform India into a global manufacturing hub. Key sectors attracting FDI include electronics, automobiles, pharmaceuticals, and renewable energy. The Production-Linked Incentive (PLI) schemes introduced by the government provide financial incentives to boost manufacturing and attract foreign investment.

3. Healthcare and Biotechnology

The COVID-19 pandemic has underscored the importance of healthcare infrastructure and innovation. India’s pharmaceutical industry, known for its generic drug production, continues to attract substantial FDI. Additionally, biotechnology and medical devices are emerging as significant sectors for investment.

4. Infrastructure and Real Estate

Infrastructure development is critical for sustaining economic growth. Sectors like transportation, logistics, urban development, and real estate offer significant investment opportunities. The government's focus on developing smart cities and industrial corridors presents lucrative prospects for foreign investors.

5. Renewable Energy

With a commitment to achieving net-zero emissions by 2070, India is focusing on renewable energy sources. The solar, wind, and hydroelectric power sectors are witnessing substantial investments. The government's policies and incentives for green energy projects make this a promising area for FDI.

Regulatory Framework for FDI in India

Understanding the regulatory framework is essential for investors looking to enter the Indian market. The key aspects of India's FDI policy include:

1. FDI Policy and Routes

FDI in India can be routed through the automatic route or the government route. Under the automatic route, no prior approval is required, and investments can be made directly. Under the government route, prior approval from the concerned ministries or departments is necessary. The sectors open to 100% FDI under the automatic route include:

- Infrastructure

- E-commerce

- IT and BPM (Business Process Management)

- Renewable Energy

2. Sectoral Caps and Conditions

While many sectors allow 100% FDI, some have sectoral caps and conditions. For example:

- Defense: Up to 74% FDI under the automatic route, and beyond 74% under the government route in certain cases.

- Telecommunications: Up to 100% FDI allowed, with up to 49% under the automatic route and beyond that through the government route.

- Insurance: Up to 74% FDI under the automatic route.

3. Regulatory Authorities

Several regulatory authorities oversee FDI in India, ensuring compliance with laws and policies. These include:

- Reserve Bank of India (RBI): Oversees foreign exchange regulations.

- Securities and Exchange Board of India (SEBI): Regulates investments in capital markets.

- Department for Promotion of Industry and Internal Trade (DPIIT): Formulates and monitors FDI policies.

4. Compliance and Reporting Requirements

Investors must comply with various reporting requirements, including:

- Filing of FDI-related returns: Periodic filings to RBI and other regulatory bodies.

- Adherence to sector-specific regulations: Compliance with industry-specific norms and guidelines.

- Corporate Governance Standards: Ensuring adherence to governance standards as per the Companies Act, 2013.

Strategies for Navigating the FDI Landscape

1. Thorough Market Research

Conducting comprehensive market research is crucial for understanding the competitive landscape, consumer behavior, and regulatory environment. Investors should analyze market trends, identify potential risks, and evaluate the long-term viability of their investment.

2. Partnering with Local Entities

Collaborating with local businesses can provide valuable insights into the market and help navigate regulatory complexities. Joint ventures and strategic alliances with Indian companies can facilitate market entry and expansion.

3. Leveraging Government Initiatives

Tapping into government initiatives like 'Make in India' and PLI schemes can provide financial incentives and support for setting up manufacturing units and other projects. Staying updated on policy changes and leveraging these initiatives can enhance investment returns.

4. Ensuring Legal and Regulatory Compliance

Compliance with local laws and regulations is paramount. Engaging legal and financial advisors with expertise in Indian regulations can ensure that all legal requirements are met. This includes obtaining necessary approvals, adhering to reporting norms, and maintaining corporate governance standards.

5. Focusing on Sustainable Investments

Given the global emphasis on sustainability, investments in green technologies and sustainable practices can offer long-term benefits. The Indian government’s focus on renewable energy and sustainable development provides ample opportunities for environmentally conscious investments.

Conclusion

India's FDI landscape in 2024 is ripe with opportunities across various sectors, driven by robust economic growth, strategic government initiatives, and a favorable regulatory environment. However, navigating this dynamic market requires a deep understanding of the legal and regulatory framework, thorough market research, and strategic partnerships.

For investors looking to unleash the growth potential of their investments in India, staying informed about policy changes, leveraging government incentives, and ensuring compliance with local laws are critical. By adopting a strategic approach and focusing on sustainable investments, foreign investors can tap into the immense opportunities offered by the Indian market and contribute to its economic transformation.

In conclusion, FDI in India in 2024 presents a compelling opportunity for global investors. With the right strategies and guidance, investors can navigate the complexities of the Indian market and achieve significant growth and success.

This post was originally published on: Foxnangel

[adinasmithh]

India's Tech Revolution: Unveiling the Latest Innovations Transforming Industries

Explore the groundbreaking advancements fueling India's tech revolution, from AI-driven solutions to blockchain implementations. Gain insights into how these innovations are reshaping industries and driving economic growth in the world's largest democracy. Click the link to learn more! 

[courseyoulovemeyoudontknowme]

Indiana Jones and the Temple of Doom (1984, Steven Spielberg)

15/03/2024

Indiana Jones and the Temple of Doom is a 1984 adventure film directed by Steven Spielberg. It is the second installment of the Indiana Jones franchise, a prequel to the film Raiders of the Lost Ark, with Harrison Ford reprising the title role. After arriving in India, desperate villagers ask Indiana Jones to find a mystical stone and save their children from a Thuggee cult that practices child slavery, black magic, and human sacrifice rituals honoring the goddess Kali.

Not wanting to present the Nazis as villains again, George Lucas, executive producer and co-writer, decided to treat this film as a prequel.

The film was released on May 23, 1984, to financial success, but initial reviews were mixed, criticizing its darker elements, strong violence and gore, as well as Capshaw's performance as Willie Scott; however, critical opinion improved over time, citing the film's intensity and imagination. In response to the film's more violent sequences, and with similar complaints about Gremlins, Spielberg suggested that the MPAA change its rating system, which it did within two months of the film's release, creating a new PG-13 rating. It won the Academy Award for best special effects.

A sequel, Indiana Jones and the Last Crusade followed in 1989.

In 1935 Indiana Jones survives an assassination attempt by poisoning by Lao Che, a Shanghai crime boss and businessman who hired him to recover the remains of Emperor Nurhaci. With his young orphaned Chinese sidekick, Short "Shorty" Round, and a nightclub singer, Willie Scott, Indy escapes Shanghai on a cargo plane, unaware that the plane is owned by Lao Che. While the three sleep, the pilots dump the fuel and escape with parachutes, leaving the plane to crash into the Himalayas.

They are welcomed by the inhabitants of a impoverished Indian village, who ask for their help to recover the sacred stone (shivalinga) stolen from their shrine, together with their missing children, by evil forces in the nearby Pankot Palace. The inhabitants had prayed to the god Shiva for help, and when they saw Jones they believed him to be their savior.

Deviating on the road to Delhi, Indy, Willy and Shorty receive a warm welcome at Pankot Palace and are allowed to stay overnight as guests, partaking in a sumptuous, but revolting, banquet hosted by the young maharajah. His officials reject Indy's theory that the Thuggee cult is responsible for the poor village's fate. Indy discovers a secret tunnel in Willie's bedroom and sets out to explore it, overcoming a series of pitfalls. Eventually Indy, Willie and Shorty find the Temple of Evil, where they witness a human sacrifice made in the name of the goddess Kali.

Thuggee high priest Mola Ram forces Indy to drink Kali's blood, which puts him into a trance state where he mindlessly serves the cult. After recovering the stones, saving Willie and freeing the children, Indy fights a huge overseer, who is dragged into a crusher, crushed to death.

Then they come to a precarious suspension bridge over a crocodile-infested river, where they are surrounded by Thugs. Thanks to the intervention of Captain Blumburt and the army sent by the maharajah, Jones, Willie and Shorty are saved and the surviving Thugs are cornered and arrested by other soldiers.

From the first discussions regarding Indiana Jones, George Lucas expressed his intention to produce a trilogy and requested Steven Spielberg's commitment to direct three films. The first episode of the saga, Raiders of the Lost Ark (1981), had only been released in cinemas for a couple of weeks when plans began for the sequel, which actually turned out to be a prequel, being set a year before the previous film.