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Daily Current Affairs 4thAug, 2024

Dear Readers,

1. This post contains important current affairs of 4thAug, 2024. It includes the current affairs of 4thAug, 2024 from all the Major Domains such as National, International, Business, Sports etc.

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National News

Centre Unlikely to Extend Mahila Samman Savings Certificate Scheme:

The Mahila Samman Savings Certificate Scheme, introduced by Finance Minister Nirmala Sitharaman in the FY24 budget, is unlikely to be extended beyond March 2025.

ICMR’s Royalty from Bharat Biotech for Covaxin Development:

The Indian Council of Medical Research (ICMR) received ₹172 crore in royalty from Bharat Biotech for the joint development of Covaxin.

“VIRAASAT” Exhibition Celebrates 10th National Handloom Day:

The “VIRAASAT” exhibition began on August 3, 2024, at Handloom Haat, Janpath, and will run until August 16, 2024.

Banking & Finance News

RBI Updates NPA Provision Norms for Co-operative Banks:

The Reserve Bank of India (RBI) issued revised instructions on Bad and Doubtful Debt Reserve (BDDR) to ensure uniformity in the treatment of this reserve for prudential purposes.

RBI Grants Cross-Border Payment Aggregator Licence:

BillDesk, Amazon Pay, and Adyen have received the cross-border payment aggregator (PA-CB) licence from the RBI, following Cashfree, which was the first to receive this licence on July 22, 2024.

Business News

BHEL Secures Methanol Firing Order for Kayamkulam CCCP:

Bharat Heavy Electricals Limited (BHEL) received an order for the demonstration of methanol firing in a Gas Turbine at the 350 MW Kayamkulam Combined Cycle Power Plant in Kerala.

Appointments & Resignations

Dr. Grinson George New Director of CMFRI:

Dr. Grinson George has assumed office as the new Director of the Central Marine Fisheries Research Institute (CMFRI).

Defence News

Defence Acquisition Council Amends MQ-9B UAV Deal:

The Defence Acquisition Council (DAC) approved amendments to the deal for 31 MQ-9B High Altitude Long Endurance (HALE) Unmanned Aerial Vehicles (UAV) from General Atomics of the US and the scheduled refit of aircraft carrier INS Vikramaditya.

MoUs and Agreements

NTPC-NPCI JV for Rajasthan Nuclear Power Plant:

NTPC Ltd, in collaboration with NPCIL, is set to develop the Mahi Banswara nuclear power plant with a capacity of 2.8 GW.

RailTel and Cylus Partnership to Enhance Cybersecurity:

RailTel has entered a strategic partnership with Cylus to bolster the cybersecurity framework of Indian Railways.

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