CivilsWisdom.
Updated · Today
Home Topics Economics
GS 3 · Paper Syllabus section · 4306 articles · Updated today

Economics

Trade, fiscal policy, banking, agriculture and economic indicators

April 2026 20 articles
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The Reserve Bank of India formally repealed the "RBI (Commercial Banks – Income Recognition, Asset Classification and Provisioning) Directions, 2025" with ef...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
27 27

Expert Explains: Evolution of India-GCC strategic ties, from energy to defence opportunities

India and the Gulf Cooperation Council (GCC) are deepening strategic ties across multiple dimensions — energy security, defence cooperation, investment, and ...

GS Paper 2 (International Relations Bilateral relations Diaspora) GS Paper 3 (Energy Security Trade) International Relations Economics Internal Security 5m
27 27

Expert Explains: Why Indonesia’s new biofuel push could make cooking oil expensive in India

Indonesia implemented its B40 biodiesel mandate in early 2025, requiring all diesel fuel to contain a 40% blend of palm oil-based biofuel and 60% petroleum d...

GS Paper 3 (Agriculture Energy Environment) GS Paper 2 (International Relations — ASEAN Energy Security) Economics International Relations 5m
27 27

Iran proposes to reopen Strait of Hormuz without nuclear agreement

Iran's Foreign Minister, in Saint Petersburg for talks with Russian leadership, proposed a diplomatic framework to reopen the Strait of Hormuz to internation...

GS Paper 2 (International Relations Effect of Policies on India's Interests) GS Paper 1 (Geography — Important Straits) International Relations Economics 6m
27 27

Basmati rice exporters urge govt action on shipping charges amid West Asia crisis

The All India Rice Exporters Association and allied forums have urged the government to intervene against sharp increases in war-risk surcharges and freight ...

GS Paper 3 (Indian Economy Agriculture Infrastructure) GS Paper 2 (International Relations) Economics International Relations 5m
27 27

India-New Zealand sign FTA, slash tariffs on 95% of goods

The India-New Zealand FTA, signed April 27, 2026, reduces tariffs on approximately 95% of goods traded between the two countries — with New Zealand offering ...

GS Paper 3 (Economy Agriculture) GS Paper 2 (International Relations) Economics International Relations 6m
27 27

India, New Zealand sign FTA for ‘predictable, rule-based trade’ amid volatility

India and New Zealand formally signed a Free Trade Agreement (FTA) on April 27, 2026, in New Delhi, with commerce ministers of both countries executing the a...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy Trade) Economics International Relations 4m
27 27

Watch: Big trade boost: India, New Zealand ink historic deal

India and New Zealand inked a historic trade agreement in New Delhi on 27 April 2026, unlocking 100% duty-free access for all Indian exports to New Zealand f...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy and Trade) Economics International Relations 5m
27 27

RBI tightens bad loan rules to align with global norms

The Reserve Bank of India issued revised Income Recognition, Asset Classification and Provisioning (IRAC) Directions for commercial banks, introducing a stri...

GS Paper 3 (Indian Economy Mobilization of Resources) Economics 4m
27 27

India, New Zealand ink “historic” free trade agreement, to be implemented later this year

India and New Zealand signed a Free Trade Agreement on April 27, 2026, described as one of the fastest FTAs concluded by India — negotiations were announced ...

GS Paper 2 (International Relations) GS Paper 3 (Economy) Economics International Relations 5m
27 27

Oil jumps over 1% as US-Iran talks stall, Hormuz blockade deepens crisis

Brent crude oil prices rose above USD 107–108 per barrel in late April 2026, after US-Iran peace negotiations broke down and the Strait of Hormuz remained la...

GS Paper 2 (International Relations) GS Paper 3 (Indian Economy Energy Security) International Relations Economics 6m
27 27

India’s fertiliser subsidy bill may jump 20% amid West Asia crisis

India's fertiliser subsidy bill for FY27 is expected to rise by at least 20% above the Union Budget estimate of ₹1.71 lakh crore, following a sharp surge in ...

GS Paper 3 (Indian Economy Agriculture; Internal Security — supply chain) and GS Paper 2 (International Relations — geopolitical risk) Economics International Relations 7m
27 27

The cost of bringing down inflation in India, U.S. and U.K. | Data

A comparative data analysis reveals sharply divergent economic costs of inflation control across three major economies following the 2021-22 global inflation...

GS Paper 3 (Indian Economy Monetary Policy) and GS Paper 2 (International Relations — comparative economic policy) Economics International Relations 6m
27 27

India to start issuing permits for high sea fishing by companies, vessels

India is set to launch a Letter of Authorisation (LoA) scheme that will, for the first time, permit Indian companies and fishing vessels to operate in intern...

GS Paper 2 (International Relations) GS Paper 3 (Economy — Agriculture/Fisheries Blue Economy) Economics Geography International Relations 5m
27 27

India-NZ FTA seen boosting textile exports, aiding $350 billion sector target: CITI

India and New Zealand signed a Free Trade Agreement (FTA) on April 27, 2026, concluded in approximately nine months of negotiations, granting Indian exporter...

GS Paper 2 (International Relations Bilateral Agreements) GS Paper 3 (Economy Trade Industry) Economics International Relations 5m
Display