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    Hydro power is facing a deepening dry spell

    Hydro’s problems resemble those of the other veteran form of clean power, nuclear. Unlike wind and solar, it’s been an established technology for decades, so much of its growth potential has already been exploited.

    France election: Voter turnout high, could force Emmanuel Macron to share power with far right

    Voting in pivotal runoff elections in France could lead to a historic victory for Marine Le Pen's far-right National Rally or a hung parliament, impacting global diplomacy and France's future direction. High turnout reflects the nation's concern over the outcome, with uncertainty looming over potential coalition governments or far-right leadership. The election results will shape France's political landscape for the remaining years of President Macron's term.

    El Nino ends as La Nina looms, promising better monsoon in India

    El Nino has ended after nearly a year, with US weather agencies reporting its dissipation and a likely transition to La Nina in the next two months. This shift is expected to enhance monsoon rainfall in India during August and September. The US National Oceanic and Atmospheric Administration (NOAA) gives a 65% chance of La Nina developing between July and September, slightly delayed from earlier predictions but still potentially beneficial for the monsoon.

    Eurozone business activity speeds up in May

    The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global recorded a figure of 52.3, up from 51.7 in April and the highest in 12 months. Any reading above 50 indicates growth, while a figure below 50 shows contraction.

    BRO celebrates 65th Raising Day, to soon commence construction of Shinkun La Tunnel

    The Border Roads Organisation (BRO) celebrated its 65th Raising Day, with Defence Secretary Giridhar Aramane emphasizing the need for the organization to adopt the latest technology and techniques for faster project completion. The BRO is set to commence construction on the Shinkun La Tunnel, which will be the world's highest tunnel once completed. The celebration event in New Delhi highlighted the BRO's successful operations in challenging terrains and weather conditions, including its contributions to relief efforts during natural disasters.

    Euro zone business activity grows at fastest pace in almost a year

    HCOB's composite Purchasing Managers' Index (PMI) for the currency union, compiled by S&P Global and seen as a good gauge of overall economic health, bounced to 51.7 in April from March's 50.3, surpassing a preliminary 51.4 estimate.

    The Economic Times
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