Daily Current Affairs for CAT, XAT & MBA GDPI – April 13, 2026
Indian Economy & Policy
FM counters Stalin, denies curbs on paddy incentives
Union Finance Minister Nirmala Sitharaman has dismissed Tamil Nadu Chief Minister MK Stalin's allegations regarding incentives for paddy cultivation. Sitharaman stated that the Union government's communication was a suggestion to states to align bonus policies with national priorities. The aim was to encourage crop diversification. The decision on state bonuses remains with state governments.
Prolonged war may hit Rs 75,000 crore dividend target
The ongoing turmoil in West Asia casts a shadow over India's revenue streams. Soaring commodity prices may squeeze the profitability of state-run enterprises, which could derail the anticipated ₹75,000 crore dividend. With petroleum sectors particularly at risk, the government is alert to fluctuations in the situation.
Indian Politics & Governance
Samajwadi Party to hold Vision India dialogues across U.P.
The meetings to be addressed by the party president, Akhilesh Yadav, aim to create a consensus on the development agenda ahead of the Assembly elections in the State
Haryana police issue notice to CITU leaders over strike call
The notices state that the statements made are provocative,” said the Centre of Indian Trade Unions
Geopolitics (India Focus)
Bangladesh government starts China outreach, to send 20-member delegation this week
Apart from commercial ties, China is also involved in several major projects in Bangladesh, including the Teesta River Comprehensive Management and Restoration Project
Indian Stock Market & IPOs
AUM dipped 6% but inflows stayed strong; Anand Rathi Wealth CEO bets on 29% profit growth in FY27
Anand Rathi Wealth's CEO Rakesh Rawal urges investors to focus beyond a 6% AUM dip in Q4 FY26, attributing it solely to market corrections. Robust net inflows of over ₹3,000 crore highlight strong client confidence. Underlying business shows impressive 29% profit and 22% revenue growth, with a steady strategy aiming for consistent client returns.
D-Street superstars go crash hunting: What Ashish Kacholia, Mukul Agrawal and others bought in March quarter?
Top Indian investors used the March-quarter market correction to selectively buy beaten-down and smallcap stocks, despite weak overall sentiment. Radhakishan Damani made a contrarian entry into TSF Investments after a steep decline, while Mukul Agrawal picked up a stake in True Colors.
Marketing, Brands & Consumer Trends
When crisis hits, billionaires don’t exit—they find new asset classes. Like, art.
Cyrus Poonawalla’s record-breaking purchase of a Raja Ravi Varma masterpiece highlights the resilience of India’s secondary art market, which continues to grow despite global geopolitical uncertainty. High-net-worth collectors increasingly view blue-chip art as a safe haven asset like gold
Bank holidays next week (13-19 April): Banks to be closed for up to 4 days for Ambedkar Jayanti, Pohela Baishakh, Bihu
Bank holidays next week, 13 April to 19 April: Banks will be closed in different areas of India due to Tamil New Year's Day, Pohela Baishakh, Bihu and more festivals. Take a look at RBI Bank Holiday calendar.
Sports (Business & Governance)
Delhi's Aarit Kapil becomes youngest Indian International Master norm holder
Aarit gave nothing away except for a brief moment in the game and held on to his own, and the draw helped him gain world-wide attention
Candidates chess: Zhu beats Vaishali, catches up with the Indian at the top