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Daily Current Affairs 4th January 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 4th January2024. It includes all Major National, International, Business and Sports related current affairs of 4th January2024. 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 4th January2024 Current affairs test.


National News

1. Denmark’s Royal Transition: Queen Margrethe II to Abdicate

  • In a significant royal transition, Queen Margrethe II of Denmark, during her New Year’s address, announced her intention to abdicate after a notable 52-year reign.
  • Her tenure, characterized by resilience, adventure, and unwavering commitment to monarchical duties, is setting the stage for Crown Prince Frederik to assume royal responsibilities.

2. France’s Digital Innovation for 2024 Olympics with E-Visas

  • France, leading in digital innovation, has become the first EU country to introduce fully digital Schengen visas for the 2024 Olympic and Paralympic Games in Paris.
  • Effective from January 1, 2024, the “Olympic Consulate” system on the France-Visas portal aims to streamline the visa process for approximately 15,000 athletes, 9,000 journalists, and several foreign delegations.

3. India’s Milestone in Nuclear Technology: PM Unveils Fast Reactor Plant in Tamil Nadu

  • Prime Minister Narendra Modi recently inaugurated the Demonstration Fast Reactor Fuel Reprocessing Plant (DFRP) at the Indira Gandhi Centre for Atomic Research in Kalpakkam, Tamil Nadu.
  • This Rs 400 crore facility, uniquely designed by Indian scientists, is capable of reprocessing both carbide and oxide fuels from fast reactors, a first of its kind globally.

4. PM Modi Launches Major Projects in Lakshadweep Worth ₹1,156 Crore

  • Prime Minister Narendra Modi has inaugurated developmental projects worth ₹1,156 crore in Lakshadweep, including the prominent ₹1,072 crore Kochi-Lakshadweep Islands Submarine Optical Fibre Cable project.
  • The project, executed by Japanese firm NEC and laid by BSNL, spans 1,868 kilometers and is expected to enhance internet connectivity by 100 times across the Lakshadweep archipelago.

5. Ind-Ra Ups India’s FY’24 Growth Forecast to 6.7% Amid Positive Economic Indicators

  • India Ratings and Research (Ind-Ra) has revised its GDP growth forecast for India in FY’24 to 6.7%, up from the previously estimated 6.2%.
  • The upward revision reflects the resilience of the Indian economy, sustained government capital expenditure, and the potential for a new cycle of private corporate investment.

6. Vodafone Idea’s P Balaji Moves to Air India

  • P Balaji, serving as the Director (Regulatory and Corporate Affairs) at Vodafone Idea, will depart from the telecom giant after a decade-long tenure.
  • His move is significant in light of his critical role in liaising with government officials, especially given Vodafone Idea’s status as the largest shareholder in a loss-making company.

7. Reliance Industries Leads with India’s First ISCC-Plus Certification

  • Reliance Industries Limited (RIL) has achieved a significant milestone by becoming the first Indian company to produce chemically recycled polymers with ISCC-Plus certification.
  • This certification for RIL’s Jamnagar refinery in Gujarat highlights the company’s dedication to sustainable sourcing and transparency from production to delivery.

8. SBI Secures $1 Billion for ESG Financing

  • The State Bank of India (SBI) has successfully raised $1 billion, approximately Rs 8,300 crore, targeting the growing Environmental, Social, and Governance (ESG) financing market.
  • This funding comprises a $750 million syndicated social loan, with an additional $250 million as a green shoe option.

9. Celebrating World Braille Day 2024

  • World Braille Day, observed annually on January 4, is dedicated to honoring Louis Braille, the inventor of the braille system for the visually impaired.
  • Louis Braille’s invention, born out of his own experience of losing sight in childhood, has been a pivotal communication tool for visually impaired individuals worldwide.

10. Vibrant Gujarat Summit 2024 Welcomes Czech PM as Chief Guest

  • The 10th Vibrant Gujarat Global Investors Summit, to be held from January10 to 12, 2024, in Gandhinagar, will feature the Czech Prime Minister as the chief guest.
  • Themed “Gateway to the Future,” the summit is a crucial platform for global leaders, investors, and business magnates to explore collaborative and investment opportunities.

11. Nadia Calvino: First Woman and Spaniard to Lead European Investment Bank

  • Nadia Calvino marks a historic moment as she assumes the role of president of the European Investment Bank, becoming the first woman and Spaniard to do so.
  • She takes over from Werner Hoyer, becoming the eighth president of this prestigious EU bank.

12. Puneet Chhatwal Appointed Chairperson of FAITH

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  • Puneet Chhatwal, Managing Director and CEO of Indian Hotels Company Limited, has been appointed as the new Chairperson of the Federation of Associations in Indian Tourism & Hospitality (FAITH).
  • This appointment signifies a major leadership transition in the tourism sector.

13. MEA’s New Spokesperson: Randhir Jaiswal Replaces Arindam Bagchi

  • Randhir Jaiswal has been appointed as the new spokesperson for the Ministry of External Affairs (MEA), succeeding Arindam Bagchi.
  • This transition follows Bagchi’s new appointment as India’s Permanent Representative to the United Nations in Geneva, effective October 2023.

14. Adani Ports Leadership Change: Karan Adani to MD, Ashwani Gupta as CEO

  • Adani Ports and Special Economic Zone Ltd (APSEZ) announces a leadership reshuffle with Karan Adani stepping up as the Managing Director.
  • Ashwani Gupta, former COO of Nissan Motors, joins as the new CEO, marking a significant shift in the company’s leadership structure.

15. Justice Sanjiv Khanna Appointed NALSA Executive Chairperson

  • The President of India has appointed Justice Sanjiv Khanna as the Executive Chairperson of the National Legal Services Authority (NALSA).
  • This appointment places Justice Khanna in a key position within the judicial system.

16. Agricultural Scientist Prof B R Kamboj Receives M S Swaminathan Award

  • Prof. B.R. Kamboj, Vice Chancellor of Chaudhary Charan Singh Haryana Agricultural University, has been recognized with the M.S. Swaminathan Award.
  • His award acknowledges his significant contributions as a scientist and extension specialist in agronomy.

17. Book Launch by Kerala Governor: “Ram Mandir Rashtra Mandir Ak Sajhi Virast”

  • Kerala Governor Arif Mohammad unveiled the book “Ram Mandir Rashtra Mandir Ak Sajhi Virast” at the Rang Bhawan Auditorium in Delhi.
  • The book’s launch contributes to the literary and cultural conversation in the region.

18. PM Modi Receives Special Book on Srirangam Temple

  • During his visit to Tiruchi, Prime Minister Narendra Modi received the unique coffee table book “Srirangam – The Resplendent Kingdom of Rangaraja,” presented by BJP State President K. Annamalai.
  • This book highlights the cultural and historical significance of the Srirangam Temple.

19. ISRO Partners with SpaceX for GSAT-20 Satellite Launch

  • In an unprecedented collaboration, NewSpace India Ltd (NSIL), the commercial arm of ISRO, has partnered with SpaceX for the launch of the GSAT-20 communication satellite.
  • This partnership, India’s first with SpaceX, marks a significant advancement in space exploration and satellite deployment.
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