Daily Current Affairs for CAT, XAT & MBA GDPI – March 4, 2026
Indian Economy & Policy
Farm worries crop up as fertiliser companies fear a gas crunch
While India currently holds about two months of buffer stocks of urea and di-ammonium phosphate (DAP), according to industry estimates, execs warned that any prolonged disruption in gas availability could force a suspension in local manufacturing.
WTO meet: India pushes tech transfer to boost developing nations’ trade
New Delhi highlighted persistent barriers faced by developing economies and LDCs in acquiring, adapting and deploying critical technologies, including export controls on inputs such as semiconductor chips and rare earth minerals, as well as rigid intellectual property regimes.
Indian Politics & Governance

Why India needs to radically think its doctoral education programmes
India faces many real-world problems that could benefit from high-quality PhD research. These issues span public health, agriculture, sustainability, digital inclusion, and education. The question is whether our current systems support and encourage studies grounded in what the people need
Finnish President Stubb visits India from March 4 to 7
The visit, featuring a high-level delegation of Ministers, officials, and business leaders, aims to strengthen bilateral ties and expand cooperation between India and Finland across various sectors
Geopolitics (India Focus)

South Korean Won shoots to 1,500 per USD as Middle East war jolts markets, worst level in 17 years

Iran-Israel war flight cancellations: How Air India, IndiGo, Emirates, Etihad & other airline passengers can get refund and rebook tickets
Indian Stock Market & IPOs
Korea Exchange activates circuit breakers after Kospi plunges 8%
The Korea Exchange triggered circuit breakers on the KOSPI after the benchmark index plunged 8% in early trading, halting transactions for 20 minutes to curb market volatility.
Oil shock from Iran war raises risks for India’s stock market
Escalating Middle East tensions are poised to further weaken Indian equities, with strategists warning of underperformance against global peers. Higher oil prices, driven by the conflict, will significantly impact India's import-reliant economy, potentially fueling inflation and straining the rupee. Analysts foresee continued pressure on the Nifty index, especially for energy and trade-linked sectors.
Marketing, Brands & Consumer Trends

Bank holiday today, 4 March: Are banks closed today for Holi? Check full list of cities as per RBI
Bank holiday today, 4 March: There is a bank holiday on Holi, 4 March, across many regions. This is because these cities will celebrate Holi today. Here is the full list of cities where there is a bank holiday today.

PNGRB to propose overground gas storage as West Asia conflict squeezes supplies
he Petroleum and Natural Gas Regulatory Board (PNGRB) may propose the government to set up storage reserves for LNG, preferably near existing terminals to support India’s growing demand at times of exigencies and ensure energy security.
Sports (Business & Governance)

‘If one comes off, the opposition are scratching their heads’: England skipper Harry Brook warns India ahead of semifinal clash

AFC Women’s Asian Cup: Why India beating Vietnam is crucial for FIFA World Cup qualification hopes