Daily Current Affairs for CAT, XAT & MBA GDPI – May 4, 2026
Indian Economy & Policy
MSME apprenticeships set for boost as India drafts roadmap
India is embarking on an innovative strategy to enhance apprenticeship programs tailored for micro, small, and medium enterprises. Focused reforms in policies, regulations, and financial frameworks are on the table, with a group training model being a key contender. The goal is to equip the nation's youth with essential workforce skills by 2047.
CEA Nageswaran calls for capex push amid EV growth momentum
India's top companies saw profits soar post-Covid. However, investments lagged. Chief economic adviser V Anantha Nageswaran called for corporate introspection. He highlighted that companies accumulated cash instead of investing in real assets. This forced the public sector to drive growth. Nageswaran stressed the need for private sector investment to seize domestic opportunities and address trade deficits.
Indian Politics & Governance
Tamil Nadu Assembly election results 2026 LIVE: Counting of votes begins; all eyes on Vijay's TVK as DMK seeks second consecutive term
Majority of exit poll projections gave an advantage to DMK+. However, Axis My India gave a massive 98-120 seats to TVK
Centre revamps Rashtriya Bal Swasthya Karyakram, adds mental health, NCD screening
As part of the government’s digital health push, RBSK 2.0 introduces digital health cards, real-time data systems and integrated platforms for monitoring and service delivery
Geopolitics (India Focus)
Ahead of Misri’s expected Nepal visit, Kathmandu expresses concern to India, China on Kailash yatra over Lipulekh
Nepal reiterates territorial claim to Lipulekh Pass, flags concerns over Kailash Manasarovar Yatra; India says the border pass has been long standing route for the yatra since 1954; it is unclear whether the Foreign Secretary will get to meet Nepal PM during the visit originally slated for May 11-12
Indian Stock Market & IPOs
US Stock Market | Stay Invested or Exit? Market recovery clouds ‘Sell in May’ playbook
Wall Street's 'sell in May' advice might be a mistake this year. Despite historical trends, the S&P 500's strong rebound, fueled by easing geopolitical tensions and robust corporate earnings, suggests a different approach. Investors face a dilemma: stick to tradition or capitalize on current market momentum and economic resilience.
Nifty’s 2 pillars now facing structural headwinds: Ravi Dharamshi's warning on IT & consumption
His warning carries weight. ValueQuest has been quietly repositioning for months by moving capital away from consumption-oriented exposures and steering clear of IT services entirely, even before the geopolitical shock that roiled markets over the past two months.
Marketing, Brands & Consumer Trends
The rise of creator incubators in India — too much too soon?
The trend reflects rapid growth in developed markets, where such funds are backing and even acquiring top creator-led channels.
Power prices hit zero for first time on 1 May as demand dips but supply climbs
The dip in demand came from partly cloudy skies, light rains, and gusty winds in northern India and Delhi-NCR, and heavy rainfall in parts of eastern India.
Sports (Business & Governance)
IPL 2026: MI meets LSG in a do-or-die encounter
Despite boasting some of the biggest names in Indian cricket, MI has struggled across departments