Important Current Affairs Daily Updates 4th July 2017 – Specially for Upcoming Exams 2017

Important Current Affairs Daily Updates 4th July 2017 – Specially for Upcoming Exams 2017:

Dear Readers, Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

Kambala (the traditional slush-track buffalo race) Bill gets presidential assent


The traditional slush-track buffalo race of coastal Karnataka — are cleared with the Prevention of Cruelty to Animals (Karnataka Amendment) Bill, 2017, finally getting the presidential assent on Monday.
Useful Info
Kambala– Kambala is an annual Buffalo Race held traditionally under the sponsorship of local land lords and households, in coastal Karnataka, India.
State – Karnataka
Capital– Bengaluru
CM – Siddaramaiah
Governor– Vajubhai Vala
TERI ranked among world’s top think tanks


The Energy Resources Institute (TERI) has been ranked as the second best climate think tank in the world. The rankings were released by the International Center for Climate Governance, which focuses on the design of climate policy and related governance issues.
Useful Info
TERI – The Energy Resources Institute
Director GeneralDr. Ajay Mathur
PM releases photo book titled “President Pranab Mukherjee – A Statesman”


The Prime Minister Narendra Modi has released a photo book titled “President Pranab Mukherjee – A Statesman”, at an event in Rashtrapati Bhawan. He presented the first copy of the book to the President. The book is a comprehensive photographic record of India’s 13th president. It covers Mukherjee’s presidency and documents his various roles, the statement said. Union ministers Arun Jaitley, Prakash Javadekar and Vijay Goel besides BJP veteran L K Advani were also present on the occasion.
Useful Info
1stpresident of India – Rajendra Prasad
1stprime minister of India – Jawaharlal Nehru
1stwoman president of India – Pratibha Patil
1stwoman Prime Minister of India – Indira Gandhi
PM Modi leaves for Tel Aviv on historic visit to Israel

Prime Minister Narendra Modi left for Tel Aviv, Israel this morning on the first leg of his two-nation tour. Mr Modi is the first Indian Prime Minister to visit Israel. The Prime Minister will stay there for three days during which he will hold talks with his Israeli counterpart Benjamin Netanyahu on all matters of mutual interest.
Useful Info
Country – Israel
Capital – Jerusalem
Currency – Israeli new shekel
President – Reuven Rivlin
R-Cap arm invests 7 cr rupees in start-up Billionloans

Reliance Corporate Advisory Services Ltd., a wholly owned subsidiary of Reliance Capital, has invested 7 crore rupees in Billionloans Financial Services, a start-up that focuses on facilitating loans. V. Balakrishnan, former board member of Infosys, is currently the chairman of Billionloans. Billionloans would initially focus on facilitating loans for education and affordable housing and personal loans.
Useful Info
Reliance Capital
HQ – Mumbai
Chairman– Anil Ambani
Nandan Nilekani, Helion’s Sanjeev Aggarwal launch $100-million fund Fundamentum

Aadhaar architect Nandan Nilekani and Helion Venture’s Sanjeev Aggarwal have launched an investment fund called Fundamentum with a corpus of $100 million to back startups looking for growth capital. The corpus may be extended to $200 million if the fund sees more opportunities, the two founders said. The fund, which has so far closed $50 million, will see one-third of the corpus coming from Nilekani and Aggarwal. Fundamentum has already brought on board six entrepreneurs who will also invest in the fund.
Centre and Asian Development Bank (ADB) has signed a 220 million dollar loan

The Centre and Asian Development Bank (ADB) has signed a 220 million dollar loan for improving connectivity as well as transport efficiency and safety on State Highways of Rajasthan. The loan is the first tranche of the 500 million dollar Rajasthan State Highways Investment Program, approved by ADB Board in May this year. An official release said the first tranche loan will improve about one thousand kilometres of State Highways and major district roads.
Useful Info
ADB – Asian Development Bank
HQ – Mandaluyong, Metro Manila, Philippines
PresidentTakehiko Nakao
DRDO (Defence Research and Development Organisation) missile successfully test-fired

The Defence Research and Development Organisation on Monday successfully test fired an indigenously developed Quick Reaction Surface-to-Air-Missile (QRSAM). It was flight tested from the Integrated Test Range in Chandipur, off Odisha Coast at 11.30 a.m. This is the second test of the QRSAM. It was tested for the first time on June 4.
Useful Info
DRDO – Defence Research and Development Organisation
HQ – New Delhi
Secretary – Dr.S.Christopher
Tata Sons chairman N. Chandrasekaran has been appointed as Tata Global Beverages Ltd. (TGBL) chairman.

Tata Global Beverages Ltd. (TGBL) on Monday appointed Tata Sons chairman N. Chandrasekaran as chairman with immediate effect. TGBL’s board in a meeting held on Monday approved the “appointment of N. Chandrasekaran as an additional director and as chairman of the board of the company in place of Mr. Harish Bhat, who expressed a desire to step down as chairman,” the company said in a filing with the BSE.
Useful Info
TATA Sons– Tata Sons Limited is the holding company of the Tata Group and holds the bulk of shareholding in these companies.
HQ – Mumbai
Chairperson– N. Chandrasekaran