Daily Current Affairs for CAT, XAT & MBA GDPI – March 9, 2026
Indian Economy & Policy
Oil, rupee, markets: All alarms are blaring for India's economy
India's financial markets faced a significant jolt as soaring global oil prices, driven by Middle East tensions, sent the rupee to a record low and stock indices tumbling. The nation's heavy reliance on oil imports makes it vulnerable to such external shocks, raising concerns about inflation and economic growth if the conflict persists.
$100 oil shock set to strain Asia’s cash-strapped governments
Asia may face inflation pressure as the Middle East conflict pushes oil prices above $100 per barrel. Fitch Ratings warned higher fuel costs could strain government budgets and raise credit risks in emerging markets, including India and the Philippines. Rising import bills, subsidies and weaker currencies may force policy shifts and delay monetary easing.
Indian Politics & Governance
Parliament Budget session LIVE: Rajya Sabha discusses Union Environment Ministry's working; Opposition protests disrupt Lok Sabha proceedings
Lok Sabha disrupted by continuous Opposition protests for discussion on various issues; External Affairs Minister Jaishankar lists Centre's three 'guiding factors' in its approach towards the war in West Asia; Leader of House in Rajya Sabha, J.P. Nadda, and Parliamentary Affairs Minister Kiren Rijiju slam Opposition for their behaviour inside Parliament
Chief Election Commissioner Gyanesh Kumar shown black flags, faces ‘go back’ slogans in Kolkata
The full bench of the Election Commission of India (ECI) was at Kalighat to offer their prayers at the Kali temple, which is also close to the residence of Chief Minister Mamata Banerjee
Geopolitics (India Focus)
Air travel update: Air India expands flights to Europe, New York amid West Asia crisis; here’s all you need to know
Indian Stock Market & IPOs
Global Markets | European shares fall to over two-month lows as Iran war drags on
European shares slumped to their lowest in over two months on Monday, as surging oil prices exacerbated inflation worries with the U.S.- Israeli war on Iran showing no signs of slowing down.
GIC-Backed Greenko Energies Said to Weigh $1 Billion India IPO
Greenko Energies Pvt. is exploring a potential initial public offering in Mumbai. The company aims to raise up to $1 billion. This move could test investor interest in renewable energy shares. The company is backed by GIC Pte. and Abu Dhabi Investment Authority. Discussions with bankers are underway for a possible share sale this year. Details are still being finalized.
Marketing, Brands & Consumer Trends
Mint Explainer| Will the US-Iran war nudge India towards bio-bitumen for road construction?
Bio-bitumen, an alternative derived from biomass, could replace up to a third of petroleum-based bitumen, potentially reducing India’s import dependence amid the West Asia conflict.
Airlines knock on government’s door as West Asia war extends, seek relief for higher operating costs, says report
Indian airlines have requested the government for relief due to increased operational costs and flight disruptions caused by the West Asia conflict. Here's what we know and the latest status update on flight cancellations, routes for 9 March.
Sports (Business & Governance)
Indian cricket is in very safe hands: Gambhir
Suryakumar also reserved praise for coach Gautam Gambhir, who sat beside the skipper at the press conference