Daily Current Affairs for CAT, XAT & MBA GDPI – February 28, 2026
Indian Economy & Policy
Base year revision lifts GDP estimates, captures structural changes in Indian economy: Experts
India’s shift in the national accounts base year to 2022-23 has lifted real GDP growth estimates for 2025-26 to 7.6 per cent from 7.4 per cent earlier, reflecting structural economic changes and new data sources. The revision also raised 2026-27 projections to 7-7.4 per cent. Analysts say the update enhances credibility, aligns with global standards, and improves policy assessment, with positive implications for equities, fiscal stability and investment outlook.
India, European Union to give each other Most Favoured Nation status for 5 years in trade deal
India-EU FTA: India and the EU are set to grant each other Most Favoured Nation status, a key provision in trade deal. This agreement, expected to boost bilateral trade significantly by reducing tariffs on most goods, also includes commitments on digital trade and customs cooperation.
Indian Politics & Governance
YSRCP leader alleges ₹100 crore land scam involving Collector, demands CBI inquiry
Former MLA, Karanam Dharmasri said it was shocking that a Collector, who should protect government assets is allegedly facilitating irregularities. He also questioned the silence of the Revenue Minister and ruling party leaders

India and EU to give each other Most Favoured Nation status for 5 years, draft trade deal shows
The economic deal between India and EU opens up avenues for India and the EU to stabilise the international order
Geopolitics (India Focus)
Afghanistan-Pakistan conflict highlights: Afghan Government seeks 'dialogue' to resolve conflict
Pakistan's military spokesperson says air strikes hit 22 Afghan military targets, killed 274 Taliban officials and militants
Trump tells U.S. government to ‘immediately’ stop using Anthropic AI tech
Anthropic insists its technology should not be used for the mass surveillance of U.S. citizens or deployed in fully autonomous weapons systems
Indian Stock Market & IPOs
Wall Street Week Ahead: AI disruption hangs over US markets as investors wary of risks
Artificial intelligence is creating uncertainty for the US stock market. Investors are watching closely for how this technology will change businesses. Key economic reports and company earnings are due soon. Experts are debating whether companies will benefit from AI or be replaced by it. This debate is causing market jitters.
SBI block deal: BNP Paribas buys 5.28 lakh shares in a Rs 64 crore transaction
French bank BNP Paribas acquired 5.28 lakh shares of State Bank of India for Rs 64 crore. The transaction occurred through a block deal with Societe Generale. SBI shares have shown strong investor returns over the past year. The bank recently surpassed Tata Consultancy Services in market capitalization.
Marketing, Brands & Consumer Trends
Bank holiday today: Are banks open or closed on Saturday, 28 February? Check RBI calendar
Bank holiday today, 4th Saturday: The RBI categorises all bank holidays into three parts, namely, Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and banks’ closing of accounts.
Why the ‘green premium’ is pushing up rentals for Indian REITs
Once just a CSR checkbox, green certification of offices has become one of the primary drivers of rental yield and occupancy
Sports (Business & Governance)

Not batting well in last two games cost India: Harmanpreet Kaur
India posted 251/9 batting first, riding on fifties from Harmanpreet (54) and Pratika Rawal (52), but the visitors paid a heavy price for dropping multiple catches as Australia won by five wickets and 13.5 overs to spare in second ODI.