4 December Current Affairs 2023
4 December Current Affairs 2023 refers to the latest news and events happening around the world and are relevant to our daily lives. Staying updated with the 4 December Current Affairs 2023 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 4 December Current Affairs 2023 lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.
4 December Current Affairs 2023 also provides students with insights into various issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 4 December Current Affairs 2023 not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.
Indian Navy Day 2023
Indian Navy Day is celebrated annually on December 4th to commemorate the Indian Navy’s attack on the Karachi harbor during the 1971 war against Pakistan. The day honors the courage and sacrifice of the Indian Navy in safeguarding the nation’s maritime borders.
In adherence to the new tradition of holding flagship ceremonial events outside the national capital, this year’s Navy Day celebrations are set to take place at the historic Sindhudurg Fort, situated off the Maharashtra coast. Constructed in the 17th century by Maratha ruler Chhatrapati Shivaji Maharaj, the fort boasts a rich maritime history. Navy Day was previously celebrated in Visakhapatnam, marking the first time it was held outside New Delhi. This year’s shift to the West Coast aims to showcase an operational demonstration of the Navy’s frontline assets at the strategically chosen venue. Read the complete article here.
LIC Amends Norms for Inclusion of Shareholders’ Directors on its Board
State-owned insurer LIC has amended a framework to allow the induction of shareholders’ directors on its board.
The corporation would, upon notice of not less than one thousand shareholders or one-tenth of the total number of shareholders, whichever is lower, elect a shareholders’ director through a general meeting of such shareholders.
TSI bags ₹200 cr via Credit Fund
Piramal Alternatives and CDPQ-backed performing credit fund have agreed to extend a ₹200 crore sum to ATM (automated teller machines) operator Transaction Solutions International (India) Pvt Ltd (TSI) in a structured credit transaction.
The capital, raised against convertible securities, will help with TSI’s business expansion initiatives and accelerate its ATM deployment.
Ruturaj Gaikward becomes the Fastest Indian to 4,000 T20 runs
Ruturaj Gaikwad has become the fastest Indian to accomplish 4,000 runs in men’s T20 cricket.
He achieved the feat in the fourth T20I against Australia at the Shaheed Veer Narayan Singh International Stadium in Raipur. The 26-year-old only needed seven runs to achieve 4,000 runs in the shortest format of the game.
Eventually, India posted 174/9 from their 20 overs.
RBI, Bank of England sign MoU on cooperation and information exchange related to CCIL
In a tactical move that could encourage the European Securities and Markets Authority (ESMA) to restore recognition to at least one of the Indian central counterparties (CCPs), the Reserve Bank of India (RBI) and the Bank of England (BoE) signed a Memorandum of Understanding (MoU) for cooperation and exchange of information in relation to the Clearing Corporation.
India was re-elected to the International Maritime Organisation with the Highest Vote Tally
In elections held at its assembly for the 2024–25 biennium, India was re-elected to the International Maritime Organisation (IMO) Council with the highest tally.
India’s re-election falls under the Category of 10 states with “the largest interest in international seaborne trade”, alongside Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden, and UAE.
Shrinithi Capital to open 30 more branches in the South, inks pact with ESAF
Chennai-headquartered Shrinithi Capital Pvt Ltd, which provides commercial vehicle and two-wheeler loans, plans to open 30 more branches in South India and aims to double its AUM (assets under management) from ₹300 crore to ₹600 crore by 2024.
The company has entered into a Business Correspondent agreement with ESAF Small Finance Bank Ltd to expand its assets.
Kanchan Devi becomes first woman officer to be appointed as DG of ICFRE
1991-batch Indian Forest Service Officer of Madhya Pradesh cadre Kanchan Devi has been appointed as the Director General (DG) of the Indian Council of Forestry Research Education (ICFRE)
Kanchan is the first woman officer to hold this post of the premier council under the Union Ministry of Environment, Forest, and Climate Change.
Assam Govt partners with NDDB to set up Rs 2,000-cr dairy joint venture
The Assam government and National Dairy Development Board on Friday signed an agreement to create a Rs 2,000-crore joint venture for holistic development of the sector in the state.
As per the MoU, a joint venture company will be set up for Rs 2,000 crore with a target of processing 10 lakh liters of milk through six new units in seven years.
R Vaishali Becomes Grandmaster, Joins R Praggnanandhaa to Become the World’s First Brother-Sister GM Duo
Indian chess ace R Vaishali joined younger sibling R Praggnanandhaa to become the world’s first-ever brother-sister Grandmasters duo and only the third woman from the country to earn the GM title, at the IV El Llobregat Open in Spain.
Vaishali achieved the feat after crossing 2500 ELO rating points. She is the country’s 84th GM.
India Internet Governance Forum IIGF’23 to be held in New Delhi
The third edition of the IIGF is being conducted under the overarching theme ‘Moving Forward–Calibrating Bharat’s Digital Agenda’ Calibrating Bharat’s Digital Agenda’ on December 5 from 9 am to 18:30 in New Delhi.
The first two editions of the IIGF were convened in 2021 and 2022.
Out of Rs 1 lakh cr worth of FDI proposals from nations sharing land border with India, half is cleared
The government has received foreign direct investment (FDI) proposals worth about Rs one lakh crore since April 2020 from countries sharing land border with India and half of those applications have been cleared so far.
Countries that share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar, and Afghanistan.
Gajraj System: Railways to install AI-based surveillance system to prevent elephant deaths on track
The Indian Railways will be installing an AI-based surveillance system to prevent elephant deaths on railway tracks.
These surveillance systems will be installed on 700 kilometers of routes passing through forest areas.
Forest areas in Assam, West Bengal, Odisha, Kerala, Jharkhand, and some parts of Chhattisgarh and Tamil Nadu which are home to elephants.
India resumes imports of Venezuelan crude oil, Reliance seeks direct deal
Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance set to meet executives from state firm PDVSA next week to discuss direct sales following the easing of U.S. sanctions on the South American country.
India last imported Venezuelan crude in 2020.
India refuses to sign COP28 Declaration on Climate and Health
India has refused to sign the COP28 Declaration on Climate and Health.
The report also states that India cited the lack of practicality in curbing greenhouse gas use for cooling in the health sector, as the reason.
The declaration has been signed by 124 countries till now with the US and India, which are among the top greenhouse gas emitters have not signed the declaration.
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