Daily Current Affairs for CAT, XAT & MBA GDPI – January 9, 2026
Indian Economy & Policy
CPSE Capex reached 74.5% of target by December, set to exceed annual target by fair margin
The Capex for the month of December alone increased by 9.28% to Rs 70,000 crore, with many enterprises exceeding their annual budget target. The growth was led by the Railway board and National Highway Authority of India(NHAI) as they remained the highest spenders.
61,000 crorepati taxpayers added in last one year
India saw a significant rise in wealthy taxpayers. Over 61,000 new individuals joined the crorepati club, bringing the total to 351,000. The number of super-rich individuals, earning over ₹10 crore, also grew substantially. Improved tax compliance and advanced data analytics are credited for this expansion. This trend reflects a growing economy and better adherence to tax regulations across the nation.
Indian Politics & Governance

Indian top IT firms set for another tepid quarter on weak US demand, client spending
Brokerages expect the top six IT firms by revenue to post about 4% year-on-year revenue growth and a 5% rise in profit for the December quarter on average

Chief Minister Siddaramaiah urges Kerala Chief Minister Pinarayi Vijayan to withdraw Malayalam Bhasha Bill 2025
The Karnataka Border Area Development Authority petitioned Kerala Government on Wednesday urging him to reject the bill; Karnataka government fears the bill have negative impact on Kannada speaking linguistic minority in Kerala
Geopolitics (India Focus)

Pakistan to take up with India any development activity in violation of IWT: Foreign Office
Foreign Office spokesperson Tahir Andrabi also said that the IWT remains a binding international instrument and there is no provision for abeyance of the treaty

Dhaka suspends visa service in India, seeks U.S. visa bond exemption
Bangladesh has diplomatic missions in Mumbai and Chennai as well, where the visa services remained operative
Indian Stock Market & IPOs
RIL shares in spotlight as firm evaluates Venezuelan crude purchases
Reliance Industries shares are expected to gain attention. The company may buy Venezuelan crude oil. This depends on US regulations. India's refiners could import Venezuelan oil again. This oil might be cheaper. It could also be a safer alternative to Russian oil. Reliance has paused Russian oil deliveries.
Mazagon Dock Shipbuilders shares in focus as talks advance on $8 billion Indo-German submarine deal
Mazagon Dock Shipbuilders shares are poised for attention as India and Germany near an $8 billion submarine manufacturing deal. This landmark agreement, involving Thyssenkrupp Marine Systems, promises technology transfer for indigenous production, bolstering India's maritime capabilities with advanced air-independent propulsion systems and aligning with the nation's 'Make in India' defence strategy.
Marketing, Brands & Consumer Trends

From streets to screens: How India’s gig economy finds income, and fame, online
Social media has emerged as a parallel income stream, an extension of their primary gig, because it lowers entry barriers and rewards visibility.

Why India’s online skilling firms are chasing the university tag
Several online skilling platforms moved offline in 2023 after the pandemic-era edtech boom fizzled. They scaled up by offering co-branded courses from IITs, IIMs and private universities. Now, many want more.
Sports (Business & Governance)
National Basketball championships: Tajinderbir, Arshjot help Punjab pip Chandigarh

Hockey India League: Hendrickx, Dhami on target as Kalinga Lancers beat defending champions Bengal Tigers to maintain perfect start