Good Morning Folks!!! Can you guess what it is that’s floating around your home, making up a large part of that pesky dust? What’s the surprising ingredient in household dust that you constantly shed without even noticing ? This common substance is everywhere, lurking in the corners and accumulating faster than you can clean. It’s something your body naturally produces every day. Stay tuned till the end of the newsletter to find out if you've mastered today’s trivia!

DAIRY
Skimmed Milk Powder: A Growing Burden for the Indian Dairy Industry

One Liner: Surplus skimmed milk powder is troubling India's dairy sector, burdening farmers and causing economic woes.

The Indian dairy industry is grappling with an oversupply of skimmed milk powder, which has led to storage issues and financial strains on farmers. The glut is due to decreased demand and inadequate export opportunities, compelling producers to sell at reduced prices or incur storage costs. This situation not only impacts farmers’ incomes but also stymies the industry's growth, prompting calls for government intervention and policy reforms to stabilize the market 🤷😵‍💫

REAL ESTATE
Why Mumbai’s Hot Housing Market Refuses to Cool Down Despite High Prices

One Liner: Mumbai's housing market stays hot with 11,575 property registrations in June, reflecting strong demand despite high prices.

Mumbai's real estate market remains robust with 11,575 property registrations in June, a 12% increase from the previous year, driven by strong demand despite elevated prices. Buyer confidence has maintained high registration numbers, and rising economic prosperity is cited as a key factor. Experts believe that ongoing economic growth and favorable interest rates will continue to fuel the market's momentum. Despite increased stamp duty and property prices, both end-users and investors exhibit strong confidence in the market's future potential 🏋️🤭

ELECTRIC VEHICLE
Ola's $100 Million Gigafactory Adventure

One Liner: Ola Electric is pumping $100 million into a cutting-edge gigafactory, aiming to electrify India's EV scene while turbocharging its battery game

Ola Electric is not just revving up; it's doing wheelies into the future! With a $100 million investment, they're building a gigafactory to produce top-notch EV batteries. The aim? To zoom ahead in the electric vehicle race, reduce costs, and make green energy as common as chai. Expect faster charging, longer-lasting batteries, and a lot of sparks flying as Ola challenges global giants. Buckle up, because the EV revolution is about to get supercharged 🦸🎖️

WORLD

Denmark is gearing up to implement a pioneering carbon emissions tax that is set to revolutionise the farming landscape. This is a remarkable feat for a nation driving sustainability efforts through strategic moves and nurturing the surrounding environment, in addition to housing robust dairy and pork production centres. The tax will start at 300 krone ($43) per tonne of CO2-equivalent emissions from animals in 2030. Furthermore, it will leap up to 750 krone ($107) by 2035. This proposed tax is centred on the extent of greenhouse gases that cows emit.

Men in blue hit it out of the ballpark by winning the T-20 Cricket World Cup after a hiatus of 13 years. This translates to more revenue for the massive sport that already has tremendous viewership, raking in millions in advertising. The season’s media rights holder, Disney Star, was anticipating earning as much as 180 billion rupees ($2.2 billion) solely in advertising, according to Mint reports. The game boasts marketing in tandem with the US fad and a shimmer that matches Bollywood glamour.

The container port in Singapore, the second largest in the world, is encountering the worst bottleneck since COVID-19, signalling the impact of Red Sea attacks on the ocean transportation sector. The affected parties are not only retailers and production enthusiasts but also other industrial segments that rely on colossal box ships. They are now grappling with escalating rates, a dearth of empty containers, and port substitutes.

Read: Oscar of the Food World - The James Beard Award

Workshop: Role Play Workshop

Summit: Check out Under 25 Summit at BIT | Bangalore

Riddle

My body is ancient, my head is new, and I am a symbol of liberty too. What am I?

ANSWER TIME!!

Answer(Trivia): Skin cells

Answer(Riddle): Statue of Liberty