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

Dear Readers,

This post contains important current affairs of 4th June, 2024. It includes all Major National, International, Business and Sports related current affairs of 4th June, 2024. 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 June, 2024 Current affairs test.


International News

Historic Election in Mexico: Claudia Sheinbaum Becomes First Woman President

  • In a landmark event for Mexico, Claudia Sheinbaum has been elected as the nation’s first female president, according to the provisional results from the Mexican election commission. Sheinbaum, representing the ruling Morena party, has secured an unassailable lead over her closest competitors in the presidential election held on June 2, 2024.
  • Outgoing President Andrés Manuel López Obrador, who has been a mentor to Sheinbaum, has extended his congratulations on her victory.
  • This election also involved the renewal of more than 20,000 political positions, including all seats in the lower house, the senate, and various regional and municipal offices.

States News

BJP and SKM Triumph in Arunachal Pradesh and Sikkim Assembly Elections

  • The Bharatiya Janata Party (BJP) and the Sikkim Krantikari Morcha (SKM) have emerged victorious in the recent legislative assembly elections in Arunachal Pradesh and Sikkim, respectively.
  • According to the Election Commission of India, the BJP secured 46 out of 60 seats in Arunachal Pradesh, while the SKM won 31 out of 32 seats in Sikkim.

Hyderabad’s Tenure as Joint Capital of Telangana and Andhra Pradesh Ends

  • On June 2, 2024, Hyderabad officially ceased to function as the joint capital of Telangana and Andhra Pradesh.
  • This marks the end of a ten-year period in which the city served as the shared capital for both states.
  • The bifurcation of the erstwhile state of Andhra Pradesh in 2014, through the Andhra Pradesh Reorganisation Act passed by the Indian Parliament, led to the creation of Telangana as India’s 29th state.

Assam’s New IIM Kamrup: Boosting Education And Economy

  • The central government has approved Assam’s proposal to establish a new Indian Institute of Management (IIM) in the Kamrup district.
  • Assam Chief Minister Himanta Biswa Sarma announced the “in-principle approval” from the Ministry of Education, with IIM Ahmedabad set to mentor the new institution.

Zupee Collaborates With Gurugram Cyber Police For Cyber Security Awareness

  • Zupee, India’s largest skill-based Ludo platform, has teamed up with the Gurugram Cyber Police for the 11th edition of the Cyber Security Summer Internship Program, named ‘Cyber Warriors.’
  • This month-long internship aims to train selected candidates in cyber security under expert guidance, promoting responsible digital citizenship and addressing real-world cyber threats.

Appointments News

PV Sindhu Invests in and Becomes Brand Ambassador for Greenday’s ‘Better Nutrition’

  • PV Sindhu, the two-time Olympic medallist and World Champion in badminton, has invested in Greenday’s ‘Better Nutrition’ brand.
  • Sindhu has also taken on the role of brand ambassador, reinforcing her commitment to addressing micronutrient deficiencies in India.

Agreements News

Nokia And Gati Shakti Vishwavidyalaya Collaborate On 5G/6G Research

  • Finnish telecom giant Nokia and Gati Shakti Vishwavidyalaya (GSV) have signed a Memorandum of Understanding (MoU) to explore advancements in 5G and 6G communications, focusing specifically on the transportation and logistics sectors.
  • The agreement, signed in the presence of Railway Minister Ashwini Vaishnaw, aims to leverage Nokia’s telecommunications expertise to enhance various aspects of these sectors.

Banking News

State Bank Of India Market Cap Crosses ₹8 Lakh Crore Milestone

  • The State Bank of India (SBI) has achieved a significant milestone as its market capitalization exceeded ₹8 lakh crore, driven by a notable surge in its stock prices.
  • This accomplishment highlights the bank’s strong performance and reflects investor confidence in the banking sector amid favorable market conditions.

Economy News

Goldman Sachs Boosts India GDP Forecast To 6.9% For CY24

  • Goldman Sachs has revised its GDP growth forecast for India for the calendar year 2024, increasing it by 20 basis points to 6.9% from an earlier projection of 6.7%.
  • This revision follows a stronger-than-expected GDP growth of 7.8% in the January-March 2024 quarter, fueled by robust investment demand and a recovery in consumption.

SEBI Launches Saathi 2.0 Personal Finance App For Investors

  • The Securities and Exchange Board of India (SEBI) has launched “Saathi 2.0,” a mobile app designed to simplify complex financial concepts and empower investors with reliable information.
  • The app includes modules on various financial aspects like KYC procedures, mutual funds, ETFs, buying and selling shares, investor grievances redressal, and an Online Dispute Resolution platform, along with educational videos to aid in personal finance planning.

India’s FDI Landscape In 2023-24: Insights And Trends

  • During the fiscal year 2023-24, India experienced a slight contraction in foreign direct investment (FDI) by about 3.5%, due to global economic uncertainties.
  • Despite this, India continued to attract significant FDI from Singapore, maintaining its position as the top recipient of FDI from the island nation, though with a reduction in figures.

Summits and Conferences News

21st Shangri-La Dialogue Ends In Singapore

  • The 21st edition of the Asia Pacific premier defence meet, the Shangri-La Dialogue or the Asian Security Summit, concluded in Singapore on June 2, 2024.
  • Held at the Shangri-La Hotel from May 31 to June 2, the Dialogue saw participation from over a hundred delegates worldwide, who discussed pressing security challenges and explored new approaches.

Science and Technology News

Lunar Timekeeping: How NASA Plans to Synchronize Moon Missions

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  • As part of the Artemis program, which aims to return humans to the lunar surface, NASA and the European Space Agency (ESA) are collaborating to develop a common time system for the moon.
  • This project aims to establish a standardized timekeeping system to manage missions from various nations and private organizations.

Sports News

Record Prize Money for 2024 ICC Men’s T20 World Cup

  • The ninth edition of the ICC Men’s T20 World Cup is set to be an exciting event, with the winners slated to receive a record-breaking prize money of at least $2.45 million.
  • This substantial figure represents the highest prize money in the tournament’s history, enhancing the prestige of the coveted trophy.

Important Days

International Day of Innocent Children Victims of Aggression 2024

  • The International Day of Innocent Children Victims of Aggression is observed annually on June 4. This year, it falls on a Tuesday.
  • The day was established on August 19, 1982, during a special session of the UN General Assembly, which focused on the plight of Palestinian and Lebanese children affected by Israeli aggression during the Lebanon war.
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