Daily Current Affairs for CAT, XAT & MBA GDPI – March 5, 2026
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Several government schemes might continue in their present form beyond April 1. Ministries are still reviewing and rationalising these programs. The government is considering giving them more time to finalize redesigns. This delay is due to ongoing evaluation of third-party reports. Existing schemes could continue temporarily until the first quarter of the next financial year.
Indian exporters are bringing back nearly half of their stranded containers from ports. This move aims to avoid hefty demurrage and detention charges caused by the West Asia conflict. Perishable goods like fruits, vegetables, and pharmaceuticals are prioritized for domestic disposal.
Indian Politics & Governance

Suspension of flights from India to West Asia disrupts supply chain for vegetables, fruits, and seafood exported from South India

An emerging superpower should not remain a mute spectator to such violent incidents in its own region, says Mr. Gehlot; if we are the true protectors of the Indian Ocean, we must put our autonomy and safety of our guests above all else, he adds
Geopolitics (India Focus)
"The ship that was sunk in the Indian Ocean was unarmed and full of training officers. Attacking such ship is a war crime," says Iran FM Abbas Araghchi; the Sri Lankan Navy would take the crew of the second Iranian naval ship to the Colombo Port, while the vessel will be diverted to the eastern Trincomalee harbour, President Dissanayake said.

According to the Indian Navy, the ship was operating about 20 nautical miles west of Galle in the SAR region under Sri Lankan responsibility
Indian Stock Market & IPOs
Indian equities rebounded sharply as the BSE Sensex surged 900 points to 80,015 and the NSE Nifty 50 rose 285 points, tracking a recovery in global markets. Buying in metals, auto and realty supported gains while IT stocks lagged.
Richmond Fed president Tom Barkin said still high inflation and stronger recent jobs numbers may shift the Fed's risk outlook at a time when the U.S. conflict with Iran could further push up key consumer prices.
Marketing, Brands & Consumer Trends

Subscription-based streaming platforms are acquiring popular free content to attract new subscribers. Shows like Lock Upp and Dhindora are moving to paid services, benefiting producers with higher budgets and marketing.

Carbon-spewing sectors are racing to buy up renewable energy certificates as the financial year draws to a close, both to meet government mandates as well to achieve internal goals. However, an abundant supply of such certificates from India's green power boom has curbed a spike in prices.
Sports (Business & Governance)

Considering the situation in the Gulf region, several West Indies players are expected to remain in India as their respective IPL franchises are set to begin preparatory camps in the coming weeks

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