PrepLiberty.
Updated · Today
Home Topics Economics
GS 3 · Paper Syllabus section · 4766 articles · Updated today

Economics

Trade, fiscal policy, banking, agriculture and economic indicators

May 2026 20 articles
02 02

Plurilaterals without guardrails can fragment trading system: Experts

Trade economists and policy experts warned that the growing use of plurilateral agreements — trade deals negotiated among subsets of WTO members — without ad...

GS Paper 2 (International Relations Bilateral/Regional Groupings) GS Paper 3 (Indian Economy Trade Policy) International Relations Economics 5m
02 02

Parliamentary Panels flag ministries’ budget gaps: Funds cut at RE stage, still unspent

Parliamentary Standing Committees have flagged a recurring and systemic pattern across central ministries: funds are cut at the Revised Estimates (RE) stage ...

GS Paper 2 (Parliament Governance) GS Paper 3 (Indian Economy Fiscal Policy) Polity & Governance Economics 5m
02 02

RBI Governor Malhotra flags rising global economic risks

RBI Governor Sanjay Malhotra flagged rising global economic risks, warning that geo-economic fragmentation driven by tariffs, trade barriers, and industrial ...

GS Paper 3 (Indian Economy Growth and Development) GS Paper 2 (International Relations) Economics International Relations 5m
02 02

India needs supply chain security framework like China, US: Chief Economic Advisor V Anantha Nageswaran

Chief Economic Advisor V. Anantha Nageswaran called for India to develop a formal supply chain security framework modelled on approaches adopted by China and...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy Infrastructure) Economics International Relations 6m
02 02

FinMin notifies changes in FEMA rules easing FDI for foreign cos with up to 10% Chinese stake

The Finance Ministry's Department of Economic Affairs (DEA) published amendments to the Foreign Exchange Management (Non-debt Instruments) Rules in the Offic...

GS Paper 3 (Indian Economy Foreign Capital) Economics International Relations 5m
02 02

Finance Ministry notifies FDI easing for foreign firms with up to 10% Chinese stake under FEMA

The Finance Ministry's Department of Economic Affairs (DEA) formally notified amendments to India's FDI framework under the Foreign Exchange Management Act (...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) Economics International Relations 4m
02 02

India launches first barrier-less toll system on NH-48 in Gujarat

The National Highways Authority of India (NHAI) launched India's first Multi-Lane Free Flow (MLFF) based barrier-less tolling system at the Choryasi Toll Pla...

GS Paper 2 (Government Policies) GS Paper 3 (Infrastructure Transport Technology) Science & Technology Economics Geography 7m
02 02

DEA eases FDI rules for firms with up to 10% Chinese shareholding under FEMA

Revised FEMA rules shift India's FDI screening from a structural test (nationality of incorporation) to a substantive test (who beneficially owns the investm...

GS Paper 2 (India's Foreign Policy Bilateral Relations) GS Paper 3 (Indian Economy) Economics International Relations 5m
02 02

Mazagon Dock buys Colombo Dockyard for ₹452 crore

Mazagon Dock Shipbuilders Limited (MDL), a Government of India defence PSU under the Ministry of Defence, completed the acquisition of a 51% controlling stak...

GS Paper 2 (India's Neighbours International Relations) GS Paper 3 (Defence Maritime Security Economy) Economics International Relations Internal Security 5m
02 02

Crude surge is a price shock, not supply shock for India: CEA Nageswaran

Chief Economic Adviser (CEA) V. Anantha Nageswaran stated that the ongoing surge in crude oil prices is primarily a price shock rather than a supply shock fo...

GS Paper 3 (Indian Economy Energy Security Inflation Management) Economics International Relations 7m
02 02

Medical and Wellness Tourism in India

India's medical tourism market, valued at approximately USD 8.7 billion in 2025, is projected to nearly double to USD 16.2 billion by 2030, according to offi...

GS Paper 2 (Health Government Schemes) GS Paper 3 (Indian Economy Services Sector) Social Issues Economics Polity & Governance 6m
02 02

FDI easing for foreign cos with up to 10 pc Chinese stake comes into effect

Effective May 1, 2026, overseas companies with Chinese or Hong Kong shareholding of up to 10 per cent (non-controlling, non-beneficial-owner level) may now i...

GS Paper 2 GS Paper 3 Economics International Relations 5m
02 02

RBI Governor Malhotra calls for deeper, more efficient financial markets as India shows resilience amid global headwinds

RBI Governor Sanjay Malhotra, in a keynote address at the 25th FIMMDA-PDAI Annual Conference held in Amsterdam, called for the deepening of India's financial...

GS Paper 3 (Indian Economy Mobilisation of Resources Growth and Development) Economics 6m
02 02

France seeks enforceable rules in India-EU FTA talks

During the India-EU Free Trade Agreement (FTA) negotiations, France has pushed for enforceable rules on labour standards and sustainable development as bindi...

GS Paper 2 (India's Foreign Policy International Trade) GS Paper 3 (Indian Economy) Economics International Relations 5m
02 02

Finance Ministry notifies 100 pc FDI in insurance sector, amends FEMA Rules

The Finance Ministry published the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026 in the Gazette of India on May 2, 2026, ...

GS Paper 3 (Indian Economy Mobilisation of Resources) Economics Polity & Governance 5m
02 02

Govt eases FDI norms under FEMA for up to 10% Chinese stake

The Department of Economic Affairs (DEA) notified amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, making them effective immediate...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) Economics International Relations 5m
02 02

DEA notifies FDI easing for foreign cos with up to 10 pc Chinese stake under FEMA

The Department of Economic Affairs (DEA), Ministry of Finance, notified amendments to the Foreign Exchange Management (Non-debt Instruments) Rules, formally ...

GS Paper 3 (Indian Economy) GS Paper 2 (Governance) Economics International Relations 5m
02 02

India and Ecuador exploring preferential trade deal to boost economic ties

India and Ecuador held high-level discussions in late April 2026, resulting in a roadmap for a Preferential Trade Agreement (PTA) to boost bilateral trade, c...

GS Paper 2 and GS Paper 3 International Relations Economics 5m
02 02

Shri Rohit Jain appointed as Deputy Governor, Reserve Bank of India

The Government of India appointed Rohit Jain as Deputy Governor of the Reserve Bank of India (RBI), effective May 3, 2026, for a tenure of three years. Rohit...

GS Paper 3 (Indian Economy Banking and Monetary Policy) and GS Paper 2 (Constitutional Bodies Appointments) Polity & Governance Economics 6m
02 02

India’s green energy sector may be hit by power regulator’s stricter performance standards

The Central Electricity Regulatory Commission (CERC) has issued new orders tightening deviation settlement mechanism (DSM) norms for wind and solar power gen...

GS Paper 3 (Infrastructure Energy Economy) Economics Environment & Ecology 6m
Display