1 February Current Affairs 2024 in English

1 February Current Affairs 2024

1 February Current Affairs 2024 refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 1 February Current Affairs 2024 is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 1 February Current Affairs 2024 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.

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1 Feb 2024 Daily Current Affairs

1 February Current Affairs 2024 also provides students with insights into issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 1 February Current Affairs 2024 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.

Interim Union Budget of India 2024-25

The Finance Minister, Smt. Nirmala Sitharaman delivered the Union Budget for the fiscal year 2024-25 in the new Parliament Building on February 1, 2024. Notably, this marked the first time the budget was presented in the new Parliament Building. Sitharaman embraced a paperless approach, utilizing a ‘Made in India’ tablet computer for her address. This budget presentation represents her sixth consecutive budget, following those of 2019, 2020, 2021, 2022, and 2023.

For detailed insights and key highlights of the Union Budget 2024, you can refer to official documents or news sources for a comprehensive summary of the financial proposals and allocations presented by the Finance Minister. Read the complete Budget Highlights here.

Indian Coast Guard Day 2024

Indian Coast Guard Day, observed annually on February 1st, commemorates the establishment of the Indian Coast Guard (ICG) in 1977. The day celebrates the ICG’s unwavering commitment to maritime safety, security, and protection of India’s coastal and offshore interests.

Today, the ICG stands as a formidable force, equipped with a modern fleet of ships, aircraft, and specialized equipment. Its personnel are highly trained and skilled, dedicated to safeguarding India’s maritime interests. The ICG’s contributions have been instrumental in ensuring the security and prosperity of India’s coastal regions. Read the complete article here.

Elon Musk says Neuralink implanted wireless brain chip

Elon Musk’s brain-computer interface company, Neuralink, achieved a major milestone on Monday — its first successful human implantation. While details about the patient and the exact purpose of the implant remain confidential.

RBI Imposes Rs7.25 Lakh Penalty on 5 Cooperative Banks

Reserve Bank of India (RBI) has imposed a penalty of Rs7.25 lakh on five cooperative banks, for non-compliance with the directions issued by the banking regulator. The highest penalty of Rs5 lakh has been imposed on Dr Panjabrao Deshmukh Urban Cooperative Bank Ltd from Maharashtra.

PM GatiShakti Summit: ‘Towards Logistics Efficiency and Integrated Infrastructure Planning’ organized by FICCI and DPIIT

The ‘PM GatiShakti Summit: Towards Logistics Efficiency and Integrated Infrastructure Planning’, organized by the Federation of Indian Chamber of Commerce & Industry (FICCI), in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT) took place in New Delhi.

AU SFB appoints former RBI Deputy Governor HR Khan as non-executive chairman

Private sector lender AU Small Finance Bank on Tuesday informed exchanges that it has appointed Harun Rashid Khan, former deputy governor of the Reserve Bank of India (RBI), as non-executive chairman following approval from the shareholders.

PM Narendra Modi set to inaugurate India’s first Global Mobility Expo

Prime Minister Narendra Modi is set to address India’s first-of-its-kind mobility show, which aims to showcase the country’s growing role as a global hub for mobility. The event, Bharat Mobility Global Expo, will be organized from February 1-3 in the national capital.

After 7 years, TaMo pips Maruti Suzuki to become the most valuable auto company

Tata Motors surpassed Maruti Suzuki (India) (MSIL) to become the most valuable automobile company, in terms of market capitalization (m-cap), after a gap of seven years. The combined m-cap of Tata Motors (Rs 285.51 crore) and Tata Motors DVR (Rs 29,119 crore) stood at Rs 3.146 trillion.

India finished in 5th spot in the inaugural FIH Hockey’s Men’s World Cup Oman 2024 in Muscat after defeating Egypt

India finished at the fifth spot in the inaugural FIH Hockey’s Men’s World Cup Oman 2024 in Muscat after defeating Egypt in their final game by 6-4. India took a strong lead in the first half with five goals to Egypt’s one. Egypt tried a comeback in the second half by scoring three goals in the second half but India held their ground and secured the victory.

Khelo India games drew to a close, Maharashtra bagged the overall championship for 4th time in six editions

As the Khelo India games ended, Maharashtra bagged the overall championship for the fourth time in six editions with 57 gold, 48 silver, and 53 bronze for a total of 158 medals. Host Tamil Nadu ended second in the medal tally with a total of 97 medals, including 38 gold, 20 silver, and 39 bronze while Haryana finished third with 35 gold, 22 silver, and 46 bronze.

Reserve Bank directs Paytm Payments Bank to stop onboarding new customers with immediate effect

Reserve Bank of India has directed Paytm Payments Bank Ltd to stop onboarding new customers with immediate effect and has barred it from accepting deposits after the 29th of February. RBI said in a press release that action is being taken against Paytm for persistent non-compliance and continued material supervisory concerns in the bank.

World Interfaith Harmony Week 2024 (1st -7th February) Theme

World Interfaith Harmony Week is celebrated annually in the first week of February. The week transforms into a global platform for fostering peace and understanding. Established in 2010 by the United Nations General Assembly, it serves as a powerful reminder of the importance of dialogue, respect, and collaboration across different faiths.

India increases its tally of Ramsar sites to 80 by adding 5 more wetlands to the list

India has added five more wetlands to the List of Wetlands of International Importance, or the Ramsar List, taking the number of such sites in the country to 80. The announcement of adding five more sites, three in Karnataka and two in Tamil Nadu, to the list was made by the Federal Minister of Environment, Forest and Climate Change Bhupender Yadav.

Finance Ministry slashes import duty on mobile phone components

The government has slashed the import duty by 5 percent on some parts used for manufacturing mobile phones. According to a Finance Ministry notification, duty has been lowered on components such as battery cover, front cover, middle cover, main lens, back cover, GSM Antenna, SIM socket, screw, and other mechanical items of plastic and metal.

CCI approves subscription of compulsorily convertible preference shares of API Holdings Limited by Goldman Sachs India

The Competition Commission of India (CCI) has approved the subscription of compulsorily convertible preference shares of API Holdings Limited by Goldman Sachs India AIF Scheme-1 and Goldman Sachs India Alternative Investment Trust AIF Scheme-2.

RBI’s Digital Payments Index jumps to 418.77 in Sept from 395.57 in March

The Reserve Bank of India’s (RBI) Digital Payments Index, a measure of the extent of digitization of payments across the country, increased to 418.77 in September 2023 from 395.57 in March 2023. The RBI-DPI has been constructed with March 2018 as the base period, that is, the DPI score for March 2018 is set at 100.

Retail inflation for industrial workers eases marginally to 4.91% in Dec

Retail inflation for industrial workers eased marginally to 4.91% in December from 4.98% in November 2023, mainly due to lower prices of certain food items.

Food inflation stood at 8.18% (December 2023) against 7.95% in the previous month (November 2023) and 4.10% during the corresponding month (December 2022) a year ago.

Saudi Arabia, UAE, Ethiopia, Iran, Egypt confirmed they are joining BRICS

The BRICS group, a key platform for emerging markets and developing countries, has officially welcomed five new members: Egypt, Iran, Saudi Arabia, the United Arab Emirates, and Ethiopia.

Their membership took effect on Monday, marking a significant expansion for the bloc originally founded by Brazil, Russia, India, China, and South Africa.

GST collections soar by 10 to ₹1.72 lakh crore in January: Govt

India’s goods and services tax (GST) collection in January 2024 stood at ₹1,72,129 crore, registering a 10.4% Year-o-Year (Y-oY) growth over the revenue of ₹155,922 crore collected in January 2023, the finance ministry said in a statement. It is the second-highest monthly collection ever and marks the third month in this financial year with a collection of ₹1.70 lakh crore

Malaysia’s Billionaire Sultan Ibrahim Iskandar sworn in as the new king

The billionaire sultan who rules Malaysia’s Johor state was sworn in as the nation’s new king under a unique rotating monarchy system. Sultan Ibrahim Iskandar, 65, took his oath of office at the palace and signed the instrument of the proclamation of office in a ceremony witnessed by other royal families, Prime Minister Anwar Ibrahim, and Cabinet members.

Shubham Mittal

Shubham Mittal is a renowned current affairs writer and expert in government exam preparation, inspiring readers with insightful articles and guiding aspirants with his expertise.

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