Daily Current Affairs 04th May 2025: Your guide for daily General Knowledge Preparation
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This post contains daily current affairs 04th May 2025. It includes all National, International, Business & Sports related current affairs 04th May 2025. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 04th May, 2025 Current affairs test.
National News
PM Modi Inaugurates ₹8,800 Crore Vizhinjam International Seaport in Kerala
On the auspicious occasion of Adi Shankaracharya’s birth anniversary, Prime Minister Narendra Modi officially inaugurated the Vizhinjam International Deepwater Multipurpose Seaport located in Thiruvananthapuram, Kerala. Developed at a substantial investment of ₹8,800 crore, this pioneering port marks India’s first deepwater transshipment hub and is set to play a transformative role in maritime logistics.
The port has been developed under a Public-Private Partnership (PPP) model, with Adani Ports as a major stakeholder. Designed to handle ultra-large vessels exceeding 20,000 Twenty-foot Equivalent Units (TEUs), the Vizhinjam Port is expected to significantly boost India’s international trade and reduce dependence on foreign ports for transshipment.
India and Denmark Renew Commitment to Clean Energy Transition
India and Denmark have reaffirmed their strategic partnership in the energy domain by signing a renewed Memorandum of Understanding (MoU) focused on green energy transformation. The agreement was signed by Shri Pankaj Agarwal, Secretary of the Ministry of Power, and H.E. Mr. Rasmus Abildgaard Kristensen, Ambassador of Denmark to India.
This enhanced collaboration is aimed at accelerating the shift to clean energy and supports India’s overarching goal to achieve net-zero carbon emissions by the year 2070. The MoU covers multiple sectors including wind energy, energy efficiency, and green hydrogen, highlighting mutual priorities in sustainable development.
NITI Aayog and IFC Release Comprehensive Report to Empower MSMEs
In a joint initiative, NITI Aayog and the Institute for Competitiveness (IFC) have released a detailed report titled “Enhancing Competitiveness of MSMEs in India.” The document provides a critical assessment of the current challenges faced by Micro, Small, and Medium Enterprises (MSMEs) across the country.
Key recommendations from the report include the need for systemic reforms such as expanding access to credit, skill development programs, embracing technological innovations, and better integration with domestic and global markets. The report serves as a strategic roadmap to empower MSMEs and enhance their competitiveness in a rapidly evolving economic landscape.
International News
Australia Launches World’s Largest Electric Ferry Ship – Hull 096
In a groundbreaking achievement, Australia has unveiled the world’s largest fully electric-powered ship – a 130-meter-long aluminium catamaran named Hull 096. Developed by renowned Australian shipbuilder Incat, the vessel is intended for operations between Buenos Aires and Uruguay by ferry operator Buquebus.
Hull 096 boasts a capacity to transport 2,100 passengers and up to 225 vehicles. It is powered by over 250 tonnes of lithium-ion batteries and features an advanced Energy Storage System (ESS) developed by Wartsila, offering a massive 40 megawatt-hours of storage capacity. The ship is equipped with eight electric waterjets, positioning it as a model for future sustainable marine transportation.
Appointments News
Sanjay Joshi Recommended as CMD of Oriental Insurance Company Limited
The Financial Services Institutions Bureau (FSIB) has proposed the appointment of Sanjay Joshi as the new Chairman-cum-Managing Director (CMD) of Oriental Insurance Company Limited (OICL). The position has remained vacant following the retirement of R. R. Singh at the end of February 2025.
Since March 1, 2025, Amit Misra, the current Executive Director, has been serving as the acting CMD for a temporary period of three months. Sanjay Joshi, presently a General Manager at United India Insurance Company, is a seasoned professional from the 1989 batch of direct recruits with more than 30 years of extensive experience in the general insurance industry.
Gyaneshwar Kumar Singh Appointed as DG and CEO of Indian Institute of Corporate Affairs
Shri Gyaneshwar Kumar Singh has been appointed as the new Director General and Chief Executive Officer of the Indian Institute of Corporate Affairs (IICA), a prominent think tank under the Ministry of Corporate Affairs.
A respected officer from the Indian Post & Telecommunication Accounts and Finance Service (IP&TAFS), Shri Singh brings valuable experience to his new role. He has previously held the position of Joint Secretary in the Ministry of Corporate Affairs and is recognized for his contributions to corporate policy and governance.
Awards News
Major Dhyan Chand Khel Ratna Award Conferred on Rankireddy and Shetty
India’s top badminton duo, Satwiksairaj Rankireddy and Chirag Shetty, have been honored with the prestigious Major Dhyan Chand Khel Ratna Award. The duo reached the pinnacle of global badminton rankings in 2023 under the Badminton World Federation (BWF) and clinched a historic gold medal at the Asian Games in Hangzhou.
Though they were initially shortlisted for the award in 2023, their ongoing tournament commitments delayed the official presentation. The award was finally conferred by Union Youth Affairs & Sports Minister Dr. Mansukh Mandaviya at a ceremony in New Delhi.
AIFF Awards 2025: Bose and Guguloth Win Top Football Honours
At the All India Football Federation (AIFF) Awards 2025, held in Bhubaneswar, Subhasish Bose and Soumya Guguloth were named Men’s and Women’s Players of the Year respectively for the 2024-25 season. Their exceptional performances on the field have made significant contributions to Indian football, earning them national recognition.
Business News
TCS and IBM Collaborate to Boost India’s Quantum Computing Ecosystem
In a milestone move for technological innovation, Tata Consultancy Services (TCS) and IBM have partnered to enhance India’s quantum computing capabilities. As part of the broader Quantum Valley Tech Park initiative in Amaravati, Andhra Pradesh, this collaboration aims to make India a global hub for quantum research and development.
The tech park will feature IBM’s advanced Quantum System Two, powered by the 156-qubit Heron quantum processor. Once operational, this will be the largest quantum computing system in India. The partnership is set to accelerate cutting-edge research and practical applications in fields ranging from material science to cryptography and artificial intelligence.
Important Days
Coal Miners Day 2025 – Observed on May 4
India observes Coal Miners Day annually on May 4 to honor the hard work and dedication of coal miners across the country. This day recognizes their critical role in ensuring energy security and driving industrial development.
Coal remains one of the primary sources of energy and is a key fossil fuel with high carbon content. Observing this day brings attention to the contributions and risks associated with coal mining and advocates for safer working conditions and sustainable energy alternatives.
