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Economics

Trade, fiscal policy, banking, agriculture and economic indicators

April 2026 20 articles
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
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
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