Current Affairs 04th February 2026

Current Affairs 04th February 2026

photo

IMPORTANT FACTS
  • Cellulose is the most abundant organic compound found in nature.
  • The scientific study of old age is called Gerontology.
  • Dolomite (CaCO₃) is an ore of Calcium.
  • An Audiometer is used to measure the intensity of sound.
  • Freon is used as a refrigerant in refrigerators.
  • Lactobacillus bacteria help in converting milk into curd.
  • The Cerebrum is the largest part of the human brain.
1. Yes Bank appointed Vinay Tonse as MD & CEO
  • RBI Approval for 3-Year Term: On February 3, 2026, the Reserve Bank of India (RBI) approved the appointment of Vinay Muralidhar Tonse as the Managing Director and CEO of Yes Bank for a three-year tenure, starting from the date he officially assumes charge.
  • SBI Veteran Expertise: Tonse is a seasoned banker with over 35 years of experience at the State Bank of India (SBI), where he most recently served as Managing Director for Retail Business & Operations. His background is expected to bring enhanced operational discipline and retail growth to the private lender.
  • Planned Leadership Transition: He succeeds Prashant Kumar, another former SBI executive who led the bank through its post-2020 recovery. Kumar's extended term is scheduled to conclude in April 2026, allowing for a smooth handover of the bank's stabilized operations and improved asset quality.
Footnotes: Yes Bank's MD & CEO: Prashant Kumar, Estd: 2003, HQ: Mumbai
2. Tripura Gramin Bank launches India’s First RRB Co-Branded RuPay Credit Card
  • National First: Launched in February 2026, Tripura Gramin Bank has become the first Regional Rural Bank (RRB) in India to introduce a co-branded RuPay credit card, setting a new benchmark for the country's rural financial sector.
  • Strategic Collaboration: The card was developed in collaboration with Punjab National Bank (PNB)—TGB's sponsor bank—and PNB Cards & Services Ltd., utilizing the secure and indigenous RuPay payment ecosystem.
  • Focus on Digital Inclusion: This initiative coincides with the bank's Golden Jubilee (50th year) and aims to provide rural and semi-urban customers with seamless access to modern credit facilities and digital payment tools.
Footnotes: Tripura Gramin Bank's Chairman: Satyendra Singh, Estd: 1976, HQ: Agartala
3. Arunachal's Mountaineer Kabak Yano Summits Mount Aconcagua
  • South American Milestone: On February 1, 2026, Kabak Yano successfully scaled Mount Aconcagua (22,831 feet) in Argentina, which is the highest peak in both South America and the Western Hemisphere.
  • Seven Summits Quest: This climb is a major part of her ambitious "7-Summit Mountaineering Expedition." Having already conquered Everest, Kilimanjaro, and Elbrus, she is moving closer to her goal of summiting the highest peaks on all seven continents.
  • A First for her Community: Hailing from Arunachal Pradesh, Yano is already recognized as the first woman from the Nyishi community to scale Mount Everest (May 2024), and this latest feat further solidifies her status as a trailblazer for women in adventure sports.
4. India & Kyrgyzstan’s Joint Military Exercise KHANJAR begins
  • 13th Edition in Assam: The 13th edition of the joint military exercise commenced on February 4, 2026, at Misamari in Assam. The 14-day exercise (concluding February 17) is an annual event that alternates venues between India and Kyrgyzstan.
  • Elite Participation: The drill features elite special forces, specifically India’s Parachute Regiment (Special Forces) and Kyrgyzstan's Scorpion Brigade, working together to share tactical expertise and best practices.
  • Strategic Focus: Conducted under a United Nations mandate, the exercise focuses on high-risk operations including urban warfare, counter-terrorism, sniping, and room intervention. It aims to improve interoperability and strengthen the strategic partnership in addressing regional security threats.
5. AP CM N. Chandrababu Naidu Launches ‘Pilloo AI’
  • India’s First Voice-Based AI Accounting: Launched on February 2, 2026, Pilloo AI is an innovative platform that allows small business owners to manage billing, invoices, and accounting entirely through voice commands, eliminating the need for formal accounting expertise.
  • Empowering MSMEs: Specifically designed for micro, small, and medium enterprises (MSMEs), the app helps shopkeepers and local entrepreneurs move away from manual record-keeping. It supports five Indian languages, allowing users to record transactions and generate balance sheets by speaking in their native tongue.
  • Vision for Digital Governance: At the launch, the CM generated the first invoice using a voice command. He highlighted that the tool aligns with Andhra Pradesh's goal of becoming a global AI hub while improving financial transparency and "ease of doing business" at the grassroots level.
6. Nagma Mohamed Mallick accredited as Ambassador to Republic of Marshall Islands
  • Concurrent Accreditation: Announced on February 2, 2026, Ms. Nagma Mohamed Mallick (IFS: 1991) has been concurrently accredited as India's next Ambassador to the Republic of Marshall Islands. She will handle this responsibility while continuing her primary role as the Ambassador of India to Japan.
  • Strategic Residency: Although representing India's interests in the Marshall Islands, she will maintain her residence in Tokyo. This is a common diplomatic practice where the Ambassador to a major regional power also oversees relations with smaller neighboring island nations.
  • Distinguished Trailblazer: A career diplomat with over three decades of experience, Mallick is notable for being the first Muslim woman to join the Indian Foreign Service. Her previous high-profile assignments include serving as the Ambassador to Poland and Tunisia, as well as India’s first woman Deputy Chief of Protocol.
7. K J Somaiya Institute Wins CSRI Award
  • Inaugural National Honor: In January 2026, the K J Somaiya Institute of Management (KJSIM) was conferred with the award for “Best Management Institute Supporting Sports Ecosystem & Development.” The award was presented by the Confederation of Sports and Recreation Industry (CSRI), a national body working alongside the Ministry of Youth Affairs and Sports.
  • Academic Integration: The award specifically recognizes KJSIM's MBA in Sports Management, which blends rigorous business principles with hands-on exposure to high-performance sports settings. Notably, the institute assigns 10% academic weightage to physical fitness for all first-year students, embedding well-being into its core curriculum.
  • Industry Impact: Adjudicated by an independent jury, the honor validates KJSIM's collaboration with the Somaiya Sports Academy (SSA), providing students with world-class infrastructure and experiential learning opportunities to develop leaders for India's rapidly evolving sports sector.
8. Dalai Lama honoured with Grammy Award
  • Historic First at 90: At the age of 90, the Dalai Lama won his first-ever Grammy Award in the category of Best Audio Book, Narration & Storytelling Recording. He beat a high-profile field of nominees, including U.S. Supreme Court Justice Ketanji Brown Jackson and former host Trevor Noah.
  • Award-Winning Work: The honor was for his spoken-word album, Meditations: The Reflections of His Holiness the Dalai Lama. Released in 2025, the project blends his teachings on compassion and shared humanity with musical compositions by Sarod maestro Amjad Ali Khan and his sons, Amaan and Ayaan Ali Bangash.
  • Message of Universal Responsibility: Reacting to the win, the Dalai Lama stated that he viewed the award not as a personal triumph, but as a recognition of our "shared universal responsibility." The award was accepted on his behalf by musician Rufus Wainwright, who collaborated on the project.
WHAT HAPPENED TODAY?
World Cancer Day: February 4th
  • Theme – "United by Unique": Focuses on personalized, patient-centered care as part of a multi-year (2025–2027) global campaign.
  • Proactive Prevention: Prioritizes early detection via AI/liquid biopsies and expanded HPV vaccinations to tackle rising global cases.
2 likes | 0 comment
Like Comment Share
IBT's Classroom Study Materials
arrow