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 04-Nov-2023

Current Affairs (4th November, 2023)

Current Affairs

PM To Inaugurate World Food India 2023 

  • Prime Minister Narendra Modi will inaugurate the second edition of the Mega food event ‘World Food India 2023’.  
  • The event will commence in Bharat Mandapam at Pragati Maidan, New Delhi.   
  • To strengthen Self Help Groups, the Prime Minister will disburse seed capital assistance for over one lakh SHG members. 

Hurun India Philanthropy List 2023 

  • HCL Technologies' Shiv Nadar retained the title of ‘India’s most generous' for the third straight year.  
  • He donated ₹2,042 crore during the fiscal year 2022-23, as per EdelGive Hurun India Philanthropy List 2023. 
  • The list features 119 Indians, such as Azim Premji from Wipro and Nikhil Kamath, co-founder of Zerodha, who each donated ₹5 crore or more in the previous fiscal year. 

EESL Launched ‘National Efficient Cooking Programme’ 

  • Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, introduced two innovative initiatives, the National Efficient Cooking Programme (NECP) and the Energy Efficient Fans Programme (EEFP).  
  • It was held on 2nd November 2023, in New Delhi. 
  • These initiatives are geared towards transforming cooking methods in India and emphasizing the significance of energy-efficient fans. 

BoB Appoints ‘Kadgatoor Sheetal Venkatesmurt’ As Head of Digital Channels 

  • Bank of Baroda (BOB) is undergoing a shift in its digital leadership with the departure of Akhil Handa.  
  • The head of digital lending, who played a crucial role in the advancement of BOB's mobile banking application 'bob World.'  
  • Handa's decision to leave the organization coincides with the implementation of regulatory constraints imposed by the Reserve Bank of India (RBI). 

 Mahindra Finance, SBI in Co-Lending Pact for Priority Sector Lending 

  • Mahindra and Mahindra Financial Services has established a co-lending alliance with the State Bank of India to provide cost-effective solutions to the NBFC's clientele.  
  • This collaboration aims to leverage the extensive distribution network of Mahindra Finance and the financially efficient capital of SBI. 
  • Thereby expanding outreach and offering improved interest rates to customers, contingent upon their credit profiles.