Daily Current Affairs 4 August 2018

Daily Current Affairs 4 August 2018: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 4 August 2018. It includes all Major National, International, Business and Sports related current affairs of 4 August 2018. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 4 August 2018 Current affairs test.

National News

1. SAATHI initiative

Under SAATHI initiative, The Textiles ministry and The Power Ministry came together to speed up the adoption of energy efficient textile technologies in the power loom sector.
The full-form of SAATHI is “Sustainable and Accelerated Adoption of efficient Textile technologies to Help Small Industries”.

2. WOW App

(Federation of Indian Chamber of Commerce and Industry)FICCI Women’s wing launched ‘Wellness for Women’ WOW App.
The App is aimed at creating awareness on preventive healthcare.

3. Move Hack Hackathon

NITI Aayog launched Move Hack which is a global mobility hackathon.
This hackathon to delegate the tasks to the large solutions for the future of mobility in India.

4. Advanced Area Defence – The Ballistic Missile Interceptor

DRDO tested successfully the Advanced Area Defence (AAD) which is a Ballistic Missile Interceptor.
This missile is capable of intercepting incoming targets at an altitude of 15 to 25 kms.

5. Outstanding Parliamentarian Award

Dr Najma Heptullah (for year 2013)
Hukum Dev Narayan (for year 2014)
Ghulam Nabi Azad (for year 2015)
Dinesh Trivedi (for year 2016)
Bhartruhari Mahtab (for year 2017)

International News

1. World’s First Hindi-Speaking Robot

‘Rashmi’ is the World’s First Hindi-Speaking Robot.
It is developed by Ranjit Srivastava,Ranchi.

2. First Company with Market Value of $1 trillion

Apple Inc. is the first Company with Market Value of $1 trillion.
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.

3. Asia-Pacific Institute for Broadcasting Development

India is elected as president for the two years of Asia-Pacific Institute for Broadcasting Development.
The Asia-Pacific Institute for Broadcasting Development (AIBD), established in 1977 under the auspices of UNESCO, is a unique regional inter-governmental organisation servicing countries of the United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) in the field of electronic media development.

4. Zimbabwe’s New president

Emmerson Mnangagwa re-elected as Zimbabwe president.
Zimbabwe:- Capital- Harare, Currency- USD, Euro, Pound Sterling.

Business News

1. India’s GDP Growth- Acc. to Morgan Stanley

According to a Morgan Stanley report, India will have a GDP growth of 7.5%.
According to global financial services major Morgan Stanley, corporate return expectations and balance sheet fundamentals are improving, and a strengthening financial system should be able to meet investment credit demand.
Morgan Stanley is an American multinational investment bank and financial services company headquartered at Midtown Manhattan, New York City. CEO: James P. Gorman

2. NABARD approved Rs772 Crore for Haryana

The amount was sectioned for the Water Projects in Haryana.
NABARD Chairman- Harsh Kumar Bhanwala, Headquarters- Mumbai, Established on- 12 July 1982.

Sports News

1. Badminton World Championships 2018

PV Sindhu beat Nozomi Okuhara(Japan) 21-17, 21-19 to enter World Championship semi-finals
Saina Nehwal lost 6-21 11 -21 to Carolina Marin(Spain) in quarter-final.

2. Spanish Super Cup