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04Jun 2024

“INDIA’S MANUFACTURING GROWTH EASES IN MAY, GLOBAL SALES SURGE”

Why in the news? India’s manufacturing sector growth eased in May for the second consecutive month but remained in expansion mode, with the HSBC India Manufacturing PMI falling from 58.8 in April to 57.5, signaling a slower but substantial improvement. Global sales surged to the strongest level in over 13 years, indicating robust demand, despite …

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10Apr 2024

THE ‘IMPORT RESTRICTIONS’ ON SOLAR PV CELLS

Syllabus: GS-III: Energy Infrastructure: Includes power generation, transmission, and distribution networks. Sources: Thermal, hydroelectric, nuclear, renewable (solar, wind, etc.). Infrastructure: Power plants, substations, grids, and renewable energy installations. Why in the news India reinstated import restrictions on solar PV cells, aiming to reduce dependency, especially on Chinese imports, amid global supply chain disruptions. source:researchgate About …

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