In the global market, the sales of light-duty EVs reached around 6 million in the first half of 2023 (2023 H1), representing nearly 14% of new LDVs sold worldwide.
The Ministry of Mines has introduced significant amendments through the Minerals (Evidence of Mineral Contents) Amendment Rules, 2024. These changes, effective from the date of publication in the Official Gazette, aim to enhance regulations under the Mines and Minerals (Development and Regulation) Act, 1957.
The centre has notified changes to the Mineral auction rules which cap the upfront payment at Rs 500 crore while also baring affiliates from bidding for the same block. Bids placed by affiliates of companies who have explored a block being auctioned will be made public to ensure a level playing field for other bidders.
The Ministry of Environment Forest and Climate Change (MoEFCC) has recently unveiled the Wildlife (Transactions and Taxidermy) Rules, 2024. These rules aim to regulate the acquisition, possession, and trade of specified animals and animal articles, as well as the taxidermy process.
The Ministry of New and Renewable Energy (MNRE) has issued an order notifying the comprehensive guidelines on implementation of Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM). This order was issued on January 17, 2024.
Global foreign direct investment (FDI) flows in 2023, at an estimated $1.37 trillion, showed a marginal increase (+3%) over 2022, defying expectations as recession fears early in the year receded and financial markets performed well. However, economic uncertainty and higher interest rates did affect global investment.
This case study looks at the approaches and innovations of private sector waste management companies, including in relation to their access to finance.
