Read the most important Daily Current Affairs: 4th January 2025 related to Resignations, Ranking and Reports, International topics, Obituaries, Appointments, News, Banking, State topics, Science and Technology, Important Places and Persons, Awards and Honours, National topics, Books and Authors, Defence and other, Stay updated with the most important Daily Current Affairs: 4th January 2025 , For all competitive exams Stay updated with the most important Daily Current Affairs are integral part
Government Forms Committee to Update WPI Base Year
The government has constituted a committee to revise the base year of the Wholesale Price Index (WPI), aligning it with the current economic structure. This update aims to ensure accurate reflection of market realities, aiding policymakers and analysts in better decision-making. The revision will include updated weightages and indices for commodities, services, and sectors.
Mike Johnson Re-Elected as US House Speaker
Mike Johnson has been re-elected as the Speaker of the US House of Representatives, marking another term of his leadership. Known for his bipartisan approach and legislative expertise, Johnson’s re-election reflects his strong support within the House. His leadership is anticipated to focus on key issues like economic reforms, healthcare, and foreign policy.
The Grameen Bharat Mahotsav 2025 Inaugurated by PM Narendra Modi in Delhi
Prime Minister Narendra Modi inaugurated the Grameen Bharat Mahotsav 2025 in New Delhi, celebrating rural India’s contributions to national development. The event highlights initiatives promoting rural entrepreneurship, sustainable agriculture, and digital inclusion. Showcasing innovative projects and success stories, the Mahotsav emphasizes empowering rural communities.
RBI Approves Merger of National and Cosmos Co-operative Banks
The Reserve Bank of India (RBI) has approved the merger of National Co-operative Bank and Cosmos Co-operative Bank, marking a significant move in the co-operative banking sector. This merger aims to strengthen financial stability, expand service offerings, and improve operational efficiency for customers. Both banks bring complementary strengths, enabling the combined entity to better serve their customer base.
Faiz Ahmed Kidwai Appointed as DGCA Director General
Faiz Ahmed Kidwai has been appointed as the new Director General of Civil Aviation (DGCA). With extensive experience in aviation and public administration, Kidwai is set to lead the DGCA in enhancing safety, efficiency, and innovation in India’s aviation sector.
Revamped Portal ‘BAANKNET’ for e-Auction of Properties Launched
The government has launched a revamped ‘BAANKNET’ portal, streamlining the e-auction of properties. Designed to enhance transparency and efficiency, the portal facilitates easy access to auctioned properties for buyers and ensures compliance with legal norms. The updated platform features user-friendly navigation, real-time bidding, and integrated payment options. It aims to reduce fraudulent activities and promote fair property transactions.
| Also read: Daily Current Affairs: 3rd January 2025 |
The initiative aligns with the government’s push toward digitization, offering stakeholders a reliable and transparent medium for property auctions.
SBI Introduces ‘Har Ghar Lakhpati’ and ‘SBI Patrons’ Deposit Schemes
The State Bank of India (SBI) has launched two new schemes: ‘Har Ghar Lakhpati’ and ‘SBI Patrons’ Deposit Schemes. These innovative savings solutions aim to promote financial security and encourage systematic savings among individuals. The ‘Har Ghar Lakhpati’ scheme focuses on creating wealth for households through long-term deposits, while the ‘SBI Patrons’ Deposit Scheme’ caters to high-net-worth individuals with exclusive benefits. Both schemes offer attractive interest rates and flexible tenures, aligning with SBI’s commitment to financial inclusion and wealth creation.
Maharashtra Launches Reading Resolution to Promote Reading Culture
The Maharashtra government has introduced the Reading Resolution of Maharashtra, a statewide initiative to foster a culture of reading among students. The program encourages schools to organize reading sessions, book fairs, and literary events to improve language skills and critical thinking.
DPIIT Signs MoU with Startup Policy Forum to Promote Start-ups Globally
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed an MoU with the Startup Policy Forum (SPF) to enhance the global visibility of India’s start-up ecosystem. This collaboration aims to facilitate cross-border collaborations, attract investments, and provide mentorship opportunities.
NASA Unveils Mars Chopper Drone Successor
NASA has unveiled the successor to its Mars Chopper Drone, showcasing advanced features designed for enhanced exploration of the Martian surface. The new drone includes upgraded sensors, extended battery life, and improved mobility to navigate challenging terrains.
| Also read: Daily Current Affairs: 1st & 2nd January 2025 |
This innovation is part of NASA’s ongoing efforts to gather detailed data about Mars, aiding future manned missions. The successor drone is expected to significantly contribute to Mars research, providing insights into the planet’s geology and potential habitability.
EPFO Launches Centralised Pension Payments System
The Employees’ Provident Fund Organisation (EPFO) has introduced a Centralised Pension Payments System, streamlining pension disbursement across India. The system ensures timely payments, reduces delays, and improves operational efficiency. Pensioners can now track their payments through a unified portal, enhancing transparency and convenience. This initiative aligns with the government’s focus on providing hassle-free services to senior citizens and pension beneficiaries.
UDISE+ Report 2023-24 Released
The Unified District Information System for Education Plus (UDISE+) Report 2023-24 has been released, offering comprehensive data on India’s education sector. The report highlights key trends in enrollment, infrastructure, teacher-student ratios, and digital resources across schools. It serves as a critical tool for policymakers to design data-driven educational reforms. The report emphasizes progress in access to education while identifying areas needing improvement, ensuring equitable and quality education for all.
