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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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13May 2024

GOLD ETFS EXPERIENCE INITIAL OUTFLOW POST MARCH 2023, CITING PROFIT BOOKING

Why in the news? Gold ETFs witness first net outflow since March 2023, attributed to profit booking amid a 5% rise in assets under management. source:wordpress  About the Gold ETF Outflows: Gold Exchange Traded Funds (ETFs) experienced a net outflow of Rs 396 crore in April, marking the first withdrawal since March 2023. This outflow …

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UPSC Prelims 2026 Live Paper Discussion & Detailed Answer Key Analysis


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