Daily Current Affairs 4 November 2023 -Current Affairs Today will cover a complete List of Today Current Affairs 2023. Candidates must read the complete article to study the most recent and significant National, International, State, Sports, Business, Defence, Important Days, Awards, Appointments and resignations, Obituaries, and Other News.
National Current Affairs
Union Minister Hardeep Singh Puri to visit Kohima
Union Minister of Housing and Urban Affairs and Petroleum and Natural Gas Hardeep Singh Puri is going to visit Kohima on 4 November 2023. This will be his 1st visit to Nagaland. Puri will participate in the inauguration of the Multi Level Car Parking constructed under the Smart City Mission.
Piracy causes loss of over Rs 20,000 cr to film & entertainment industry every year
Information and Broadcasting Minister Anurag Singh Thakur said that piracy causes a loss of over 20,000 crore rupees to the film and entertainment industry every year. The Govt of India is committed to protecting the interests of the movie industry and the people associated with it. Parliament passed the Cinematograph (Amendment) Act, 2023 during the Monsoon Session in 2023 to check this menace.
International Current Affairs
Philippines announces exit from China’s Belt & Road Initiative
The Philippines announced to exit from China’s Belt and Road Initiatives. The full termination of major infrastructure projects under the Belt and Road Initiative was announced by the Philippine Department of Transportation in favour of competitors from the West and Japan. As per the Philippine Senate, doubt now shrouds nearly all of China’s crucial investment initiatives in the Philippines, owing to economic and political factors.
About the Philippines –
- Capital: Manila
- Official languages: Filipino, English
- Currency: Philippine peso
- Dialing code: +63
- President – Bongbong Marcos
- Vice President – Sara Duterte
- Senate President – Migz Zubiri
- House Speaker – Martin Romualdez
- Chief Justice – Alexander Gesmundo
- Area Total – 300,000 km2 (120,000 sq mi)
Business Current Affairs
RBI Imposes Penalties On PNB, Federal Bank, Mercedes-Benz Fin Services, KFL
The Reserve Bank of India (RBI) imposed a Rs 72 lakh penalty on state-owned Punjab National Bank and a Rs 30 lakh fine on private sector lender Federal Bank for non-compliance with certain regulatory norms. Moreover, the RBI also imposed a Rs 13.38 lakh penalty on Kosamattam Finance Ltd for non-compliance with certain regulatory norms.
- The bank imposed a penalty of Rs 10 lakh on Mercedes-Benz Financial Services India Private Ltd (formerly known as Daimler Financial Services India Private Ltd) for non-compliance with certain provisions of the Know Your Customer (KYC) Direction, 2016.
- The RBI also issued a monetary penalty of Rs 13.38 lakh, was imposed on Kosamattam Finance Ltd, Kottayam, for non-compliance with certain provisions of the ‘Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016’.
India’s Forex Reserves increased $2.6 Billion To $586 Billion, Gold Reserves Up By $499 Million
India’s foreign exchange reserves increased $2.579 billion to $586.111 billion in the week ended October 27, As per the latest RBI data. In the previous reporting week, the overall reserves dropped by $2.363 billion to $583.532 billion. In October 2021, the country’s forex kitty touched an all-time high of $645 billion.
- As per the Weekly Statistical Supplement released by the RBI, the foreign currency assets, a major component of the reserves, increased by $2.303 billion to $514.504 billion.
Sports Current Affairs
Sultan of Johor Cup: India Lose 3-6 to Germany in Semi-final
Three-time champions India were defeated by Germany with 3-6 points and could not defend their Sultan of Johor Cup junior hockey title. Christian Franz (16th minute), Nikas Berendts (29th, 45th), Peer Hinrichs (43rd, 48th), and Sperling Florian (49th) hit goals against India. From the Indian side, Amandeep Lakra (35th), Uttam Singh (58th) and Rohit (60th) scored goals.