GS Paper-3

Large Cavitation Tunnel (LCT): Boosting India’s Indigenous Naval Research & Defence

06-Apr-2026

The Rajnath Singh laid the foundation stone of a Large Cavitation Tunnel (LCT) facility at the Naval Science & Technological Laboratory in Visakhapatnam.

Multi-Hazard Early Warning Decision Support System: Transforming India’s Disaster Preparedness

06-Apr-2026

The Multi-Hazard Early Warning Decision Support System marks a major technological shift in India’s weather forecasting and disaster risk reduction framework, reflecting the growing integration of digital tools in governance.

What are Non-Deliverable Derivatives (NDD)? Features, Risks and RBI Move Explained

04-Apr-2026

The Reserve Bank of India (RBI) has directed banks to avoid participation in Non-Deliverable Derivative (NDD) contracts involving the rupee, reflecting concerns over currency volatility and speculative pressures.

RBI’s NDD Ban: Can It Reduce Speculation and Strengthen the Rupee?

03-Apr-2026

The Reserve Bank of India (RBI) has restricted banks from participating in Non-Deliverable Derivative (NDD) contracts to curb speculative activity in offshore currency markets.

Customs Duty Exemption on Petrochemicals: Supply Disruptions, Economic Impact and Policy Response Explained

03-Apr-2026

The Union government has recently granted customs duty exemption on around 40 critical petrochemical products till June 30, 2026, as a temporary relief measure to address supply disruptions.

What is Antariksh Venture Capital Fund? Objectives, Features and Impact Explained

02-Apr-2026

The Union Government has announced that investments under the Antariksh Venture Capital Fund are expected to begin from Q1 of FY2027.

Rebate of State and Central Taxes and Levies (RoSCTL) Scheme: Extension, Features and Export Competitiveness Explained

02-Apr-2026

The Ministry of Textiles has extended the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel/garments and made-ups till 30th September 2026.

INS Malwan (ASW-SWC) Explained: India’s Indigenous Anti-Submarine Warfare Craft

01-Apr-2026

The Indian Navy has inducted INS Malwan, an Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), strengthening India’s coastal defence and underwater surveillance capabilities.

Global Tensions and India’s Economy: Oil Shock, Rupee Pressure and Fiscal Stress Explained

01-Apr-2026

Rising geopolitical instability in West Asia, particularly involving Iran, is impacting India’s economy through : 

• Surge in crude oil prices
• Depreciation of the rupee
• Pressure on fiscal and external balances

RBI Extends Export Realisation Timeline: Supporting Exporters Amid Global Disruptions

01-Apr-2026

The Reserve Bank of India (RBI) has extended : 

• The export realisation and repatriation timeline to 15 months
• The export credit period to 450 days (till June 30, 2026)