4 April 2024 : Latest Current Affairs 4th April
Important Current Affairs 4th April 2024
In this article, we will discuss all the Current Affairs of 4th April including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 4th April 2024 current affairs then read this article till the end.
Current Affairs of 4th April – National News
1. First commercial crude oil strategic storage will be built in India
◉ By 2029–2030, India intends to construct its first privately managed strategic petroleum reserve (SPR), which will allow the operator to freely exchange all of the oil that has been stockpiled.
◉ Enabling a fully commercial SPR is similar to the approach taken by nations like South Korea and Japan, which permit private lessees—mostly oil majors—to exchange crude.
◉ With a total capacity of 36.7 million barrels, India’s three operational SPRs in southern India have only been permitted to be partially commercialized thus far.
2. In FY’24, the government raised Rs 16,507 crore from disinvestment in public sector firms.
◉ In the 2023–24 fiscal year, the government sold minority stakes in state-owned businesses for Rs 16,507 crore, less than anticipated in its revised forecasts.
◉ The government used an offer for sale (OFS) to sell shares in ten central public sector firms (CPSEs) during the 2023–24 fiscal year, which concluded on March 31.
◉ Share sales for NHPC and NLC India brought in Rs 2,488 crore and Rs 2,129 crore, respectively, while Coal India’s share sales brought in Rs 4,186 crore. Through the IREDA’s first public sale, the government was able to raise Rs 858 crore.
◉ In addition, the government received remittances from SUUTI and sold interests in RVNL, SJVN, IRCON International, and HUDCO.
3. SJVN and IIT-Patna collaborate to enhance the performance of tunneling projects.
◉ With the signing of an agreement with the Indian Institute of Technology Patna (IIT Patna), SJVN, formerly known as Satluj Jal Vidyut Nigam, will employ cutting-edge geological models in its tunneling projects, thereby cutting down on time and expense overruns.
◉ The creation of predictive analytics algorithms will be one of the main results of this collaboration.
◉ These algorithms will predict possible hazards and offer early warning systems designed especially for tunneling projects by utilizing integrated geotechnical data. It is anticipated that taking such preventative steps will significantly reduce time and expense overruns during project execution.
4. The first firm in India to reach 10,000 MW of renewable energy capacity is Adani Green Energy.
◉ With more than 10,000 megawatts (MW) of operating portfolio, Adani Green Energy Limited (AGEL), the largest and most reputable renewable energy (RE) company in India and the globe, provides the national grid with clean, affordable, and dependable power.
◉ The operational portfolio of AGEL includes 2,140 MW of wind-solar hybrid capacity, 1,401 MW of wind, and 7,393 MW of solar capacity.
◉ The accomplishment shows how committed AGEL and its development partners are to achieving their target of 45,000 MW of renewable energy by 2030.
◉ More than 5.8 million homes will be powered by AGEL’s 10,934 MW operational portfolio, which will also prevent almost 21 million tons of CO2 emissions yearly.
Best NEET Coaching Classes in Bhubaneswar
Banking
5. The Central Bank of India and Veefin Solutions collaborate to launch supply chain financing
Supply chain finance (SCF) operations have been launched by the Central Bank of India, a public sector bank with headquarters in Mumbai, in collaboration with Veefin Solutions, India’s digital lending platform.
◉ The bank’s only technology provider will be Veefin Solutions, which will provide an end-to-end SCF stack to support its SCF solutions.
◉ Through this partnership, the bank will be able to provide its corporate and SME clients with entirely digital onboarding, sanctioning, and round-the-clock disbursement processes via Veefin’s Loan Origination System (LOS) and SCF Loan Management System.
Appointment
6. ECI Enlists Ayushmann Khurrana to Encourage Youth to Vote The Election Commission of India has enlisted actor Ayushmann Khurrana to encourage youth to cast ballots in the upcoming Lok Sabha elections.
◉ The 39-year-old actor appears in a campaign film for the ECI that exhorts young people to vote in the next elections.
◉ Voting is a must, and everyone who participates in nation-building does so as a conscious citizen. The actor went on, “We have the power to select the leaders who will represent our needs and the nation in the Parliament.”
7. Santosh Kumar Jha was named Konkan Railway Corporation’s CMD.
◉ Santosh Kumar Jha is now the Konkan Railway Corporation Ltd.’s (KRCL) chairman and managing director (CMD).
◉ He is a 1992-batch Indian Railway Traffic Services (IRTS) officer.
Jha has worked in a variety of fields during his 28 years in the field, including operations, business development, and infrastructure planning.
◉ He has commanded important commercial units in the logistics industry and had executive roles in important railway divisions.
8. Chief Risk Officer Subhasish Roy is appointed by the Bank of Maharashtra
◉ The Bank of Maharashtra has contracted Subhasish Roy to serve as chief risk officer for three years.
◉ Subhasish Roy has pursued degrees in CAIIB, MBA, M.Phil, M.Sc., and Financial Risk Manager (FRM).
◉ He is an industry veteran with over 28 years of experience in a variety of critical areas related to banking, including corporate strategy & planning, retail banking, corporate banking, credit risk management, data analytics, operational risk & business continuity management, and economic research & training.
Important day
9. International Carrot Day is April 4th.
◉ Every year on April 4th, people celebrate International Carrot Day.
◉ This day honors the widely consumed vegetable carrot and all of its related activities.
◉ The goal is to increase knowledge about the possible health advantages of carrots, such as their ability to lower the risk of obesity, heart disease, and cancer.
10. International Mine Awareness Day is April 4.
◉ Every year on April 4th, the United Nations observes International Mine Awareness Day.
◉ The purpose of International Mine Awareness Day is to increase public awareness of the grave dangers that landmines and other explosive remnants of war pose to civilian populations.
◉ Theme: Fostering Peace and Preserving Lives by 2024
Connect with us on Social Media | |
 | Facebook Page |
 | Facebook Group |
 | |
 | Youtube Channel |
 | Telegram Channel |
Bidyasagar Classes Address
Plot No-N-6-325, Biju Patnaik College Road, Infront of SBI, Jayadev Vihar, Bhubaneswar
Website: www.bidyasagar.com
Opening and closing hours: Monday to Sunday :7AM-9PM
-Mail : bidyasagar.classes@gmail.com
Contact No. : 8917265768; 9337421183, 8093021183
