Daily Current Affairs for CAT, XAT & MBA GDPI – April 28, 2026
Indian Economy & Policy
India’s heat wave creates new inflation risks after oil surge
India faces inflation risks from severe heat waves and predicted below-normal monsoon rains, exacerbating existing economic pressures from high energy costs. These adverse weather conditions are expected to push inflation above the central bank's target, impacting food prices and rural incomes. Policymakers are now assessing the dual threat to inflation and economic growth.
Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll
India's economy is expected to grow steadily, but the country's large informal sector is facing significant challenges due to global conflicts. This disruption is impacting businesses and jobs. Economists predict inflation will remain within targets. Interest rates are expected to stay unchanged for some time. Government finances could be affected if the situation persists.
Indian Politics & Governance
Assembly election 2026 LIVE: All preparations done for second phase of West Bengal polls, says Election Commission
Ahead of the next phase of elections in West Bengal, polling parties have begun moving towards their respective polling stations, including remote riverine areas of Sandeshkhali Assembly constituency in North 24 Parganas district, the Election Commission of India (ECI) said
Indian-origin man sentenced in Singapore for molesting minor
The prosecution had sought 20 to 22 months’ jail for Singh, saying he had exploited a young victim and abused the trust placed in him by the victim and her family members
Geopolitics (India Focus)
Trumps call for ABC to fire Jimmy Kimmel — again — after morbid joke about First Lady
The remark about the President's wife was part of a routine in “Jimmy Kimmel Live” where the host pretended to deliver a comedy routine at the White House Correspondents' Association dinner
Indian-origin man sentenced in Singapore for molesting minor
The prosecution had sought 20 to 22 months’ jail for Singh, saying he had exploited a young victim and abused the trust placed in him by the victim and her family members
Indian Stock Market & IPOs
ETMarkets Smart Talk | India expensive, Taiwan & Korea offer value: Nikhil Advani on global investing
Indian equities face rich valuations, prompting investors to look globally. Nikhil Advani of LGT Wealth India highlights opportunities in emerging markets like Taiwan and South Korea, and megatrends such as AI and electrification. He advises gradual overseas allocation, aiming for 20% of financial assets, to counter currency depreciation and diversify portfolios.
ETMarkets Smart Talk | ‘India at crypto inflection point; investor base could double every 2–3 years’: Vikaas M Sachdeva of BitDelta India
India's crypto ecosystem is at a pivotal turning point with accelerating adoption across retail and institutional segments. Driven by Gen Z and family offices, the investor base, currently at 12 crore, could potentially double every two to three years. Enhanced security, transparency, and communication are key to future growth.
Marketing, Brands & Consumer Trends
SBI leads policy push to solve India’s change crunch
State Bank of India is looking to install dozens of cash and coin dispensers by the end of June.
Mint Explainer | Renewables overtake coal for the first time. Will the West Asia war hasten the shift?
As clean energy hits a historic milestone in the global power mix, geopolitical volatility and falling battery costs are pushing India to trade fossil fuel imports for a greener grid.
Sports (Business & Governance)

Keshav Maharaj replaces injured Mitchell Santner in Mumbai Indians’ squad
Santner has been ruled out owing to a shoulder injury which he sustained during the team’s last match here at the Wankhede Stadium against Chennai Super Kings

India falter in chase as Wolvaardt powers South Africa to 4-1 series win
Wolvaardt, who has already notched up two fifties and a century in the series, struck 11 fours and two sixes in her 56-ball knock, carrying her bat despite wickets falling around her