P Prep Liberty
Updated · Today
Home Topics Economics
GS 3 · Paper Syllabus section · 5640 articles · Updated today

Economics

Trade, fiscal policy, banking, agriculture and economic indicators

April 2026 20 articles
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
27 27

China vows countermeasures if EU enacts 'Made in Europe' plan

China formally warned the European Union that it will take countermeasures if the EU enacts its proposed "Industrial Accelerator Act" (IAA), which Beijing ha...

GS Paper 2 (International Relations, Bilateral Groupings) GS Paper 3 (Industrial Policy, Trade) International Relations Economics 5m
27 27

India–New Zealand sign 'once-in-a-generation' FTA

India and New Zealand signed a comprehensive Free Trade Agreement on 27 April 2026, described as a "once-in-a-generation" trade pact, concluding over a decad...

GS Paper 2 (India and its Neighbourhood/International Relations) GS Paper 3 (Indian Economy, Trade) International Relations Economics 6m
27 27

RBI finalises new risk weight norms

The Reserve Bank of India has finalised new risk weight norms for the regulatory retail portfolio, reducing the risk weight to 75% for qualifying loans — bro...

GS Paper 3 (Indian Economy — Banking Sector, Capital Markets) Economics 7m
27 27

Expected credit loss rules: New provisioning framework to come into force in April 2027

The Reserve Bank of India has finalised the Expected Credit Loss (ECL) provisioning framework, which will come into force on April 1, 2027, replacing the dec...

GS Paper 3 (Indian Economy — Banking Sector, Capital Adequacy) Economics 7m
27 27

'Trade deals with US, EU soon': Piyush Goyal

India signed a landmark Free Trade Agreement (FTA) with New Zealand on April 27, 2026 at Bharat Mandapam, New Delhi — one of the fastest FTAs India has concl...

GS Paper 2 (International Relations) and GS Paper 3 (Indian Economy — External Sector) Economics International Relations 7m
27 27

Weaker monsoon prediction, Iran war cloud growth outlook

The ongoing US-Israel war on Iran has triggered the largest supply disruption in the history of the global oil market, with the Strait of Hormuz largely bloc...

GS Paper 1 (Geography) GS Paper 2 (International Relations) GS Paper 3 (Economy) Economics Geography International Relations 4m
27 27

RBI declines pleas for more time, ECL to be effective from April 2027

The Reserve Bank of India has declined requests from banks seeking additional time beyond the April 1, 2027 deadline for implementing the Expected Credit Los...

GS Paper 3 (Indian Economy — Banking Sector, Capital Markets) Economics 5m
27 27

Leverage FTAs to widen market access: Piyush Goyal

The Union Commerce Minister chaired a meeting with exporters and industry bodies following the signing of the India–New Zealand Free Trade Agreement on April...

GS Paper 2 (India's Foreign Policy, International Trade) GS Paper 3 (Indian Economy, Trade & Commerce) Economics International Relations 4m
27 27

CEA Anantha Nageswaran flags energy risk to growth story

India's Chief Economic Adviser (CEA) V. Anantha Nageswaran identified energy supply vulnerability as a critical structural risk to India's economic growth tr...

GS Paper 3 (Indian Economy, Energy Security, Environmental Economics) Economics Science & Technology 5m
27 27

Reserve Bank of India (Urban Co-operative Banks – Undertaking of Financial Services) – Amendment Directions, 2026

The Reserve Bank of India issued Amendment Directions on April 27, 2026, modifying the Urban Co-operative Banks (Undertaking of Financial Services) Direction...

GS Paper 3 (Indian Economy) Economics 5m
27 27

Master Direction - Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025

The Reserve Bank of India issued the Master Direction — Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025 (updated in April 2026 under refe...

GS Paper 3 (Indian Economy, Banking and Finance) Economics 5m
27 27

Reserve Bank of India (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Repeal Directions, 2026

The Reserve Bank of India formally repealed the "RBI (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Directions, 2025" with ef...

GS Paper 3 (Indian Economy — Banking Sector) Economics 4m
27 27

Reserve Bank of India (Commercial Banks – Credit Risk Management) - Second Amendment Directions, 2026

The RBI issued the Commercial Banks – Credit Risk Management (Second Amendment) Directions, 2026, vide circular DOR.STR.REC.10/07-02-001/2026-27, dated April...

GS Paper 3 (Indian Economy, Mobilisation of Resources) Economics 5m
27 27

Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures)- Seventh Amendment Directions, 2026

The Reserve Bank of India (RBI) issued the "Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) Directions, 2025" —...

GS Paper 3 (Indian Economy, Banking, Monetary Policy) Economics 4m
27 27

‘Once-in-a-generation agreement’: New Zealand PM Luxon ahead of signing FTA with India

India and New Zealand signed a Free Trade Agreement (FTA) on April 27, 2026, describing it as a "once-in-a-generation agreement." Negotiations were launched ...

GS Paper 2 (India's Foreign Policy, International Agreements) GS Paper 3 (Indian Economy, Trade Policy) Economics International Relations 4m
27 27

The price isn’t right: Why often-quoted benchmark oil prices can be deceptive during supply crises

Crude oil prices reported in the news — typically Brent Crude or West Texas Intermediate (WTI) — are benchmark prices that do not directly represent what mos...

GS Paper 3 (Indian Economy — Energy, Petroleum Pricing) GS Paper 2 (International Relations — Energy Geopolitics) Economics International Relations 6m