Hi, NewsWrap for May 07, 2023

07-May-2023: TN's Spinning Mills Boost Production, University of Minnesota, Cotton Bales, Flash Floods Strike Afghanistan, Gene-Edited Soybean Crop

7 May 2023

  • Tamil Nadu's Spinning Mills Boost Production by 5 Lakh kg of Yarn Daily

    As more machines have been installed, production capacity has expanded by over 5 lakh kg per day, bringing total production in Tamil Nadu to 35 lakh kg per day for use in the fabrication of lungis, leggings, Bermuda shorts, bedsheets, and so on. These investments were planned by the mills more than a year ago, when demand was robust and the market was healthy. They either purchased new machinery to increase capacity or updated their existing units. Almost all of the new equipment was purchased from China.

  • University of Minnesota Takes Lead in Advancing Climate-Smart Agriculture & Forestry with AI Institute

    The National Science Foundation (NSF) and the United States Department of Agriculture's (USDA) National Institute of Food and Agriculture (NIFA) have announced that the University of Minnesota will receive a USD 20 million grant over five years to lead a new National Artificial Intelligence Research Institute. The AI Institute for Climate-Land Interactions, Mitigation, Adaptation, Tradeoffs, and Economy (AI-CLIMATE) aims to use artificial intelligence (AI) to develop more climate-smart practices that absorb and store carbon while also boosting the agricultural and forestry industries' economies.

  • 2.50 Lakh Cotton Bales from Australia to Boost Gujarat's Textile Industry

    The textile industry is experiencing a surge in demand for imported cotton as local arrivals have decreased. Sources reveal that Indian spinners have placed orders for 2.50 lakh duty-free bales from Australia, and this consignment is expected to arrive in India within three months. Apart from Australia, many players intend to buy cotton from Africa, as the central government has implemented a policy that reduces import duties by half for imports from developing countries.

  • Deadly Flash Floods Strike Afghanistan: 4 Killed, 25 Injured in Nangarhar Amid Heavy Rains

    According to a statement from the local government led by the Taliban, four individuals lost their lives and 25 others were injured in eastern Nangarhar province on Friday night due to severe rainfall and subsequent flash floods, as reported by Khaama Press. According to the Khaama Press, Taliban-led officials stated that flash floods inflicted significant financial and human losses to the local people. At least four children were murdered, 25 were injured, and around 300 residential homes were severely destroyed as a result of flash floods.

  • China Grants Safety Approval to Gene-Edited Soybean Crop

    China has granted safety approval for a gene-edited soybean, marking the country's first endorsement of the technology in a crop. This move is in line with China's growing reliance on science to enhance food production. The soybean, which was created by Shandong Shunfeng Biotechnology Co., Ltd, a privately owned company, contains two modified genes that substantially increase the amount of beneficial oleic acid in the plant.

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7 May 2023

That's it for for 7 May 2023
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