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Current Affairs

04th February 2023

Top 12 Daily Current Affairs: National & International News:

Here is the Current Affairs 04th February 2023 covering the following news headlines: Haj quota, G Kishan Reddy, Nagaland Government, Semiconductor Manufacturing unit in India, Artificial Intelligence.



National News


1. India’s Haj quota for 2023 fixed at 1,75,025: Govt

·        Minority Affairs Minister Smriti Irani has informed that the Government, under the Annual Bilateral Agreement with Saudi Arabia for Haj pilgrimage this year, has restored the original Haj quota which stands at one lakh 75 thousand 25.

·        Minister Ms Irani added that in this direction the Ministry held a number of interactive sessions on Haj management with the stakeholders, including Haj Committees of the States and Union Territories wherein requests for restoration of Haj Quota were received.


2. G Kishan Reddy Launched Visit India Year 2023 Initiative

·        Minister of Tourism G. Kishan Reddy launched the Visit India Year – 2023 initiative and unveiled the logo in New Delhi. Minister of Tourism G. Kishan Reddy kicked off the year of grand plans and activities for promoting tourism in the country.

·        Minister of Tourism G. Kishan Reddy noted that the launch of the Visit India Year 2023 logo is taking place in this important year as India is heading G20.

·        He also informed that more than one lakh foreign delegates will visit India this year and they will be showcased the entire gamut of India’s culture, including monuments and festivals.

·        Mr. Reddy added that each foreign delegate of G20 will be a brand ambassador of India’s culture, heritage, and tourist destinations.



State News


3. Nagaland Government Signed MoU with Patanjali Foods for Palm Oil Cultivation

·        Nagaland government has signed a Memorandum of Understanding (MoU) with Patanjali Foods Limited for development and area expansion under palm oil cultivation and processing for Zone-II (Mokokchung, Longleng, and Mon districts) of Nagaland under the National Mission on Edible Oils-Oil Palm  (NMEO-OP).

·        The MoU was signed by the Director of Agriculture, Nagaland, M Ben Yanthan, and Patanjali Foods Ltd Head-NE Region, Oil Palm Subhas Bhattacharjee at the Directorate of Agriculture, Kohima.

·        According to Patanjali Foods Ltd, the signing of the MoU with the Government of Nagaland will certainly bring a big boost for the oil palm growers in the state of Nagaland and the region.

·        Patanjali Foods Ltd is already working in the states of Mizoram, Arunachal Pradesh, Assam, and Tripura in the North East.



Business News


4. Foxconn, Vedanta plan tech tie-up with STM for Semiconductor Manufacturing unit in India

·        Foxconn and Vedanta are close to inducting European chipmaker STMicroelectronics as the technology partner in their proposed semiconductor chip manufacturing unit in India. Foxconn will be the lead partner in the joint venture (JV) that was announced last February.

·        The Vedanta-Foxconn consortium is one of the five applicants seeking government incentives under a $10-billion package announced in December 2021 to promote domestic semiconductor manufacturing.


5. Google Invests $300 million in Artificial Intelligence Startup Anthropic

·        Google has invested around $300 million in Anthropic, an artificial intelligence startup whose technology is said to rival OpenAI, the company behind ChatGPT.

·        According to the deal, Anthropic has agreed to purchase some of Google’s services to support its technology. The terms of the deal, through which Google will take a stake of about 10 per cent, requires Anthropic to use the money to buy computing resources from the search company’s cloud computing division.



Banking News


6. Asset Repossession Module for Banks and NBFCs launched by Mobicule

·        In Mumbai, an industry first for banks and NBFCs, Mobicule, a specialist in debt collection, has announced the release of its mCollect Repossession module.

·        As a component of its debt collection and recovery product, the ground-breaking Asset Repossession Solution is a comprehension solution that maps all the intricate steps involved in the repossession of an asset.

·        The repossession module will cover and fill in any holes in the entire process, including identification, allocation, digitization and automation of the repo kit, evidencing, yard submission, yard acknowledgment with evidencing, auction, and release process.

·        Additionally, this will assist lenders in adhering to strict and dynamic regulatory compliance requirements and in-system tracking.



Important Days


7. World Cancer Day 2023: 4th February, Know History, Significance and Theme

·        Each year on February 4, World Cancer Day is celebrated worldwide. It is believed to have brought everyone together in the fight against cancer.

·        World Cancer Day seeks to save millions of lives by educating the public, promoting awareness, and pressuring individuals and governments around the world to take action every year.

·        “Close The Care Gap” has been the theme for World Cancer Day for the past three years (2022, 2023, and 2024).



Summits and Conference News


8. MeitY Secretary Inaugurated G20 Cyber Security Exercise and Drill

·        The Secretary of the Ministry of Electronics and Information Technology (MeitY), Alkesh Kumar Sharma inaugurated the G20 Cyber Security Exercise and Drill for more than 400 domestic and international participants under India’s G20 presidency.

·        The Indian Computer Emergency Response Team (CERT-In) conducted the Cyber Security Exercise and drill in hybrid mode (Physical and Virtual) where international participants from more than 12 countries joined through online mode while domestic participants from diverse sectors such as Finance, Education, Telecom, Ports & Shipping, Energy, IT/ITeS and others attended in-person as well as in virtual mode.



Science and Technology News


9. SpaceX Awarded shared NASA contract worth up to $100 million

·        Space Exploration Technologies Corp. is part of a payload contract NASA has awarded for as much as $100 million over a decade. Elon Musk’s rocket launch and satellite operator will share the contract for unspecified “commercial payload processing services” with Astrotech Space Operations LLC, a unit of Lockheed Martin Corp., the government’s space agency announced in a statement.

·        The deal is for payload processing, which involves preparing spacecraft to be flown on top of a rocket ahead of a flight to space.

·        The uncrewed missions will be launched out of Cape Canaveral, Florida, or Vandenberg Space Force Base in California and the contract could run for as many as 10 years through February of 2033, NASA said.

·        The missions that SpaceX and Astrotech will work on involve launching satellites to observe the Earth or spacecraft that visit deep-space destinations in the Solar System, it said.


10. NASA and IBM Partners to Build AI Foundation Models to Advance Climate Science

·        IBM has partnered with NASA to gain new findings on Earth’s climate through the power of AI technology. The two organizations will use AI tech developed by IBM together with the large amounts of Earth observation and geospatial data that NASA has available to share.

·        Earth observation is the gathering of information about Earth’s physical, chemical, and biological systems, usually through the use of satellite imaging.



Sports News


11. Saudi Arabia to Host Football’s 2027 Asian Cup

·        The Asian Football Confederation (AFC) announced that the Kingdom of Saudi Arabia (KSA) won the hosting of the 2027 Asian Nations Cup, for the first time in its history, since its inception in 1956.

·        This came during the work of the 33rd Congress of the Asian Football Confederation (AFC), February 1, in the Bahraini capital, Manama. Saudi Arabia was the only bid presented at the Congress in Manama after India’s withdrawal in December 2022.

·        It is noteworthy that Qatar will host the next edition of the Asian Football Cup, from June 26 to July 16, 2023.



Miscellaneous News


12. NIA Launched ‘Pay As You Drive’ Vehicle Insurance Policy

·        New India Assurance (NIA) has launched a ‘Pay as You Drive’ (PAYD) policy, which offers a comprehensive motor insurance policy that charges a premium based on the usage of the vehicle. The policy has two components- Third Party cover and own-damage cover.

·        The policy comes with various benefits. For instance, the customer can save money through discounts on renewal premiums, provided the vehicle runs within the specified kilometers.

·        The discount applied for the ‘Pay as You Drive’ is basic own damage premium.

·        In addition, the coverage will continue for the policy’s remaining duration even if the vehicle has been driven beyond the threshold limit.

·        India’s largest non-life insurance firm informed that the clients could avail of a discount on the renewal albeit at a lower applicable range.




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