Daily Current Affairs for CAT, XAT & MBA GDPI – April 23, 2026
Indian Economy & Policy
Clearing Corporation of India Ltd eyes AI-led, resilient market infra growth
Future financial markets require enhanced agility, intelligence, and integration. CCIL Chairman Rajeshwar Rao highlighted the need to manage cyber threats and supply chain disruptions. Emerging technologies like AI and machine learning will boost efficiency and resilience. CCIL aims to create a unified workspace for trading and risk management. Expansion into new services and global reach are key objectives.
State capex hits 2.7% of GDP under SASCI scheme: Report
The SASCI scheme has boosted state capital spending to 2.7% of GDP. However, utilization of central loans for capital expenditure is uneven across states. Some states like Madhya Pradesh and Maharashtra show strong uptake, while others like Kerala and Telangana lag. This divergence is attributed to fiscal constraints and structural differences.
Indian Politics & Governance

Election Commission, and not the BJP, seems to be fighting Trinamool in West Bengal, says Kapil Sibal
INDIA bloc leaders, including J&K CM Omar Abdullah, Samajwadi Party president Akhilesh Yadav, and RJD leader Tejashwi Yadav have been in touch with Mamata Banerjee and TMC leaders; AAP convenor Arvind Kejriwal extends support to the West Bengal CM
Geopolitics (India Focus)
Israeli strikes kill 3 in Lebanon, Beirut to seek truce extension
Ahead of the talks on Thursday (April 23, 2026), Israel called on the Lebanese government to "work together" with it against Iran-backed militant group Hezbollah
Indian Stock Market & IPOs
Gold, Silver Prices Today: Silver tumbles Rs 6,100, gold dips Rs 1,000 as rising crude, little progress in Iran peace talks dent mood. Time to sell?
Gold and silver prices fell sharply on MCX amid rising crude oil prices and uncertainty around US-Iran peace talks, raising concerns over prolonged high interest rates. Analysts expect continued volatility, advising investors to book profits and wait for dips, while tracking global cues like dollar movement and inflation trends.
IT stocks could return 20-30% from here, but don't expect a structural bull run: Sandip Agarwal
Indian IT sector outlook is positive. Fund manager Sandip Agarwal believes the worst is over. A 20-30% index return is possible soon. Clients are returning to normal decision-making after AI clarity. Companies can achieve 6-7% dollar revenue growth. Investors should avoid ER&D exposure. FY27 is expected to be better than FY26.
Marketing, Brands & Consumer Trends
RBI proposes special-use wallets for foreign residents, domestic transit and gifts
The central bank’s draft paper introduces targeted ‘prepaid payment instruments’ to simplify payments for tourists and commuters, while setting strict capital norms for non-bank issuers to ensure consumer safety.

India’s textile exports edge up 2.1% in FY26 despite global headwinds
Growth was anchored by ready-made garments, while man-made textiles and handicrafts saw strong traction.
Sports (Business & Governance)

IPL 2026 | Tale at the top — the crests and troughs of willow-wielders
The sides with the most explosive openers — PBKS (strike-rate of 202.88), SRH (182.90), RR (182.78), and RCB (162.09) — are in the top four spots 26 days into the tournament; three Indian southpaws — Abhishek, Suryavanshi and Priyansh — are the top-three six-hitting openers in this edition

Karandeep leads Indian challenge at Singapore Open
The 26-year-old is aware of the complexities of the course and the bearing that the heat could have on the outcome