Daily Current Affairs for CAT, XAT & MBA GDPI – January 31, 2026
Indian Economy & Policy
Precious metals melt as $ flexes, world markets action heats up
Friday witnessed a steep drop in the prices of gold and silver, primarily spurred by the strengthening US dollar and a liquidation of yen carry trades. This sharp decrease affected both spot pricing and exchange-traded funds in the precious metals sphere, prompting many investors to cash in on profits after a bullish January.
Inflation basket rejig: AirPods gain weight, food portion cut
India's inflation measurement is getting a significant upgrade. New items like AirPods and hand sanitisers are joining the Consumer Price Index. The base year is shifting to 2024 from 2012. This overhaul aims to provide a more accurate picture of price changes. The changes will help the Reserve Bank of India make better monetary policy decisions.
Indian Politics & Governance

Nashik farmers conclude long march after Maharashtra government agrees to demands
The State Government assured that forest landholders across the state would apply for the re-examination of their land claims
India’s role in shaping global thinking on patient safety highlighted at Apollo Hospitals International Health Dialogue 2026
The international conference brought together doctors, policymakers, digital health professionals and experts to discuss ways to build safer and more equitable healthcare systems
Geopolitics (India Focus)
United Nations faces 'imminent financial collapse' without urgent action, says UN chief
The U.S. now owes $2.196 billion to the UN's regular budget, plus it will owe $767 million for this year, according to a UN official

US government heads toward shutdown as time runs short to approve spending deal
Indian Stock Market & IPOs
US stocks fall, as investors fret over Trump's Fed nominee, earnings, inflation
Wall Street indexes closed lower Friday as investors reacted to President Trump's nomination of Kevin Warsh to lead the Federal Reserve, viewing it as a hawkish choice. Concerns over inflation, potential government shutdown, and mixed earnings reports also weighed on the market. The Dow, S&P 500, and Nasdaq all saw declines.
NSE's MD and CEO urged entrepreneurs to tap into India's capital market, 'Time has come'
Marketing, Brands & Consumer Trends
Bank holidays in February 2026: Losar, Shivaji Jayanti, State Day— nine holidays including weekends; Check RBI calendar
Bank holidays in February 2026: The RBI has announced a total of eight holidays for all public and private banks across India in January 2026, including the State Bank of India. Check dates and weekend holidays here.
Bank holiday today? Are banks closed on fifth Saturday — 31 January; check full RBI calendar here
The RBI has announced a total of 6 holidays for all public and private banks in India in February 2026, including the State Bank of India. This also includes weekends. Check if banks are also closed today, on 31 January.
Sports (Business & Governance)

The under-19 World Cup when Little Virat Kohli changed the way India played cricket

‘It’s about more than results’: New India women’s football coach Amelia Valverde on Asian Cup goals