Daily Current Affairs for CAT, XAT & MBA GDPI – May 30, 2026
Indian Economy & Policy
Gold demand drops 70% after sharp duty hike in India
Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13.
RBI warns West Asia war may hurt India growth outlook
The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory.
Indian Politics & Governance
Manoj Jarange Patil firm to launch indefinite hunger strike from May 30
Manoj Jarange Patil dismissed the claims of 58 lakhs Kunbi entries being a misunderstanding by BJP Minister Radhakrishna Vikhe Patil, saying that these figures were announced by the government itself
Kolhapur forms team of 10 transwomen for disaster management and rescue work
The disaster management cell of the State government has claimed that it is the first such initiative in Maharashtra
Geopolitics (India Focus)

New UFO files offer no answers – but something is happening in the skies
The U.S. government has released a new batch of documents detailing various cases of “Unidentified Anomalous Phenomena” (UAPs), commonly known as UFOs, including photos and videos of unexplained aerial events.
Indian Stock Market & IPOs
Sagarmala Finance plans India's first blue bond issue
Sagarmala Finance Corporation is set to launch India's first blue bonds this fiscal year. The state-owned lender aims to raise up to ₹1,000 crore through this maiden issue. These bonds will fund maritime projects, attracting investors interested in this sector. This move will help address the company's asset-liability mismatch. The corporation has a mandate to raise ₹25,000 crore.
CMR Green Tech sets IPO price band at 182–192 per share
CMR Green Technologies is launching its initial public offering. The price band for the 630 crore issue is set between 182 and 192 rupees per share. Investors can subscribe to the offer from June 3 to June 5. This entirely offer for sale issue has been revised from its earlier proposed size.
Marketing, Brands & Consumer Trends
RBI to expand e-Rupee pilot to include cross-border payments, welfare transfers and domestic retail
The central bank is working with countries like the UAE and Singapore to test international transfers, while expanding the digital currency at home for direct benefit transfers and retail shopping.
RBI flags surge in bank fraud amounts despite drop in cases
The RBI said work on several supervisory and cyber resilience measures initiated in FY26 were underway, including a proposed service availability and resilience framework for digital banking channels
Sports (Business & Governance)

I would like an Indian chess championship with big money and all the top players: Aravindh Chithambaram
The 26-year-old has overcome a period of stagnation to show why some experts think he is one of India’s finest chess talents ever. In this interview, he talks about his astonishing arrival among the elites at 14, his Esports experience, Gukesh and Vaishali’s chances in their World title matches, and his dream National tournament

Rodrigues, Yastika and debutant Nandani power India to 38-run win over England
Yastika and Rodrigues counter-attacked brilliantly, stitching together a 126-run stand for the third wicket off just 76 balls to turn the innings around