13th march 2024 Daily Current Affairs
Agreement
1. L&T Finance Holdings inks pact with JICA for $125 million funding
- Non-banking financial company (NBFC) L&T Finance Holdings Limited (LTFH) had signed a financing pact with Japan International Cooperation Agency (JICA) for $125 million to support financing in rural and peri-urban areas in India, particularly women borrowers.
- At least 40% of the proceeds will be allocated for women borrowers, while the rest will be allocated to support farmers, the Ministry of Micro, Small and Medium Enterprises (MSMEs).
Sports
2. Max Verstappen Triumphs at Saudi Arabian Grand Prix 2024
- Max Verstappen won the Saudi Arabian Grand Prix from pole position as Red Bull continued their dominant start to the Formula One season with a second one-two in as many races.
- Mexican Sergio Perez was runner-up under the Jeddah Corniche floodlights, last year’s winner taking the chequered flag 13.643 seconds behind his triple world champion teammate.
- It was the first time Verstappen, winner of a record 19 of 22 races last year, has won the first two races of a season.
National Affairs
3. UN Hails India’s Progress In Human Development Index
- The United Nations has hailed India’s progress in the Human Development Index, highlighting significant strides made in different parameters, marking overall development.
- The HDI report has revealed that India’s average life expectancy reached 67.7 years in 2022, up from 62.7 years the previous year.
- Additionally, India’s gross national income (GNI) per capita has surged to 6951 dollars, marking a 6.3 per cent increase over the span of 12 months.
