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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

April 2026 20 articles
28 28

RBI launches Mission SAKSHAM (SAHKARI BANK KSHAMTA NIRMAN) for Capacity Building of the Urban Co-operative Banking (UCB) Sector

The RBI launched Mission SAKSHAM (SAHKARI BANK KSHAMTA NIRMAN) on April 28, 2026, as a mission-mode, sector-wide, all-India capacity-building training initia...

GS Paper 3 (Indian Economy); GS Paper 2 (Governance, Institutions) Economics Polity & Governance 4m
28 28

India, New Zealand ink trade deal: $20 billion investment pledge, duty-free access for exports

The India–New Zealand Free Trade Agreement was formally signed on April 27, 2026 at Bharat Mandapam, New Delhi, marking a significant deepening of economic t...

GS Paper 2 (International Relations) GS Paper 3 (Economy) International Relations Economics 5m
28 28

Explained: The UAE’s exit from OPEC, and its possible impact on global oil prices

The United Arab Emirates (UAE) announced its exit from OPEC (Organisation of Petroleum Exporting Countries) effective May 1, 2026 — one of the most consequen...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy, Energy Security) International Relations Economics 6m
28 28

As UAE exits OPEC, World Bank warns West Asia war may trigger biggest energy price surge in 4 years

The World Bank has warned that the ongoing West Asia conflict could trigger the largest global energy price surge since Russia's 2022 invasion of Ukraine, wi...

GS Paper 2 (International Relations) GS Paper 3 (Economy, Energy Security, Food Security) International Relations Economics Environment & Ecology 6m
28 28

India’s engineering exports to New Zealand set to double after FTA

India's engineering exports to New Zealand reached USD 140.5 million in 2025–26, a growth of approximately 8 per cent from USD 129.8 million in the previous ...

GS Paper 2 GS Paper 3 Economics International Relations 5m
28 28

Bangladesh starts fuelling its first nuclear power station

Bangladesh has begun loading nuclear fuel at the Rooppur Nuclear Power Plant (RNPP), its first-ever nuclear installation, marking the country's formal entry ...

GS Paper 2 (International Relations, India's Neighbourhood) GS Paper 3 (Science & Technology, Energy Security) International Relations Science & Technology Economics 6m
28 28

Nano urea and public health: why India must proceed with caution

Concerns have been raised in the scientific and policy community that India is scaling nano urea production and use at a pace that outstrips the available ev...

GS Paper 3 (Science & Technology, Agriculture, Environment) Science & Technology Environment & Ecology Economics 5m
28 28

MSME and agriculture focus key to Digital Public Infrastructure 2.0 rollout: NITI Aayog

NITI Aayog has released a detailed action plan for Digital Public Infrastructure (DPI) 2.0, recommending decentralised, state-led execution across key sector...

GS Paper 3 (Economy, Science & Technology) GS Paper 2 (Governance) Economics Science & Technology 4m
28 28

U.S. says examining latest Iran proposal on Hormuz

Iran closed the Strait of Hormuz to international shipping in late February 2026 following the onset of a US-Israeli air campaign against Iran; the Iranian R...

GS Paper 2 (International Relations) GS Paper 3 (Energy Security, Indian Economy) International Relations Economics Geography 6m
28 28

UAE leaves OPEC and OPEC+ in huge blow to global oil producers' group

The United Arab Emirates (UAE) announced its withdrawal from both OPEC and the broader OPEC+ coalition, effective May 1, 2026, ending nearly six decades of U...

GS Paper 2 (International Relations) GS Paper 3 (Economy, Energy Security) International Relations Economics Environment & Ecology 6m
28 28

India to challenge US Section 301 probes in public hearings over two weeks

The United States Trade Representative (USTR) initiated two parallel Section 301 investigations in March 2026: one targeting structural excess manufacturing ...

GS Paper 2 (International Relations) GS Paper 3 (Economy) International Relations Economics 5m
28 28

India allows 25 lakh tonnes additional wheat exports, total reaches 50 lakh tonnes

The Directorate General of Foreign Trade (DGFT) notified a second tranche of 25 lakh tonnes of wheat export authorisations, bringing the total government-app...

GS Paper 3 (Agriculture, Food Security, Indian Economy) Economics International Relations 5m
28 28

India–New Zealand FTA to double India’s engineering exports to $280–300 mn in five years

Following the signing of the India–New Zealand Free Trade Agreement (FTA) on April 27, 2026, engineering exports from India to New Zealand are projected to d...

GS Paper 3 (Indian Economy, Industry, Trade Policy, MSME Development) Economics International Relations 5m
28 28

Goods moved from SEZs to domestic markets treated as imports; duty drawback applicable on re-exports

The Central Board of Indirect Taxes and Customs (CBIC) issued a clarification on April 28, 2026, confirming that goods supplied from Special Economic Zone (S...

GS Paper 3 (Indian Economy, Infrastructure) Economics 5m
28 28

India–New Zealand $20 billion FTA: List of sectors set to gain ground as the deal kicks in

The India–New Zealand Free Trade Agreement, signed on April 27, 2026, is expected to be operationalised within 2026, immediately reshaping bilateral trade fl...

GS Paper 3 (Indian Economy, Trade) GS Paper 2 (International Relations) Economics International Relations 4m
28 28

China supplies over 30% of India's industrial goods; overdependence on single nation critical: GTRI

A report by the Global Trade Research Initiative (GTRI) highlighted that China supplies over 30.8% of India's industrial goods imports, despite accounting fo...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy, Industrial Policy) Economics International Relations 4m
28 28

India’s trade map enters a world that’s threatened by missiles & bombs

India's recently concluded free trade agreements with the United Kingdom and Oman are in the final stages before operationalisation — the Oman CEPA is target...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy) Economics International Relations 5m
28 28

Centre keen firms in critical sectors use ‘Made in India’ cloud systems

The central government has indicated a preference for firms operating in critical sectors — including banking, energy, and public utilities — to migrate thei...

GS Paper 2 (Governance) GS Paper 3 (Science & Technology, Economy) Science & Technology Economics Polity & Governance 4m
27 27

Reserve Bank of India (Commercial Banks - Capital Charge for Credit Risk – Standardised Approach) Directions, 2026

The Reserve Bank of India issued the "Capital Charge for Credit Risk — Standardised Approach Directions, 2026" on April 27, 2026, effective April 1, 2027. Th...

GS3 (Indian Economy, Banking Sector, Capital Adequacy) Economics 5m
27 27

‘Harvest more water; banning paddy is not the solution to groundwater stress’

Telangana's Dynamic Groundwater Resources Assessment for 2025 has been officially released, confirming escalating groundwater depletion across the state. The...

GS Paper 1 (Geography) GS Paper 3 (Environment, Agriculture) Environment & Ecology Geography Economics 5m