Yes, it is advisable to read economic newspapers and magazines regularly for the following reasons:

1. Stay Updated with Current Affairs:
Reading economic newspapers and magazines regularly helps you stay updated with the latest economic news and events happening around the world. This includes information on government policies, market trends, global trade, inflation rates, stock market updates, and more.

2. Gain Insights into Global Economy:
Economic newspapers and magazines provide valuable insights into the global economy, including in-depth analysis, expert opinions, and forecasts. By reading them, you can gain a better understanding of economic theories, concepts, and their real-world applications.

3. Make Informed Financial Decisions:
Keeping up with economic news can provide you with the necessary information to make informed financial decisions. By understanding market trends and economic indicators, you can assess the potential risks and opportunities associated with investments, savings, and financial planning.

4. Enhance Business Knowledge:
For entrepreneurs and business professionals, regular reading of economic publications helps enhance their business knowledge. By staying updated with market dynamics, competition, and industry trends, they can make strategic decisions, identify growth opportunities, and mitigate risks.

5. Develop Critical Thinking Skills:
Economic newspapers and magazines often present different perspectives on economic issues. By exposing yourself to diverse opinions and analysis, you can develop critical thinking skills and learn to evaluate arguments and evidence objectively.

6. Expand General Knowledge:
Economic newspapers and magazines cover a wide range of topics beyond finance and business, such as politics, technology, environment, and social issues. Regular reading can help you broaden your general knowledge and have a well-rounded understanding of the world.

7. Stay Ahead in Competitive Exams:
For students preparing for competitive exams like the UPSC, regularly reading economic newspapers and magazines is crucial. These exams often have sections dedicated to current affairs and economics, and staying updated can give you an edge in your preparation.

In conclusion, reading economic newspapers and magazines regularly is highly advisable as it helps you stay informed, gain insights, make informed decisions, enhance knowledge, develop critical thinking skills, and stay ahead in competitive exams. It is a habit that can contribute to both personal and professional growth.