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).

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Sports

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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.

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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.

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12th March 2024 Daily Current Affairs 


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