Current Affairs - National

Fitch Ratings has reaffirmed the long-term issuer default rating (IDR) of "BBB-" for both State Bank of India (SBI) and Canara Bank, with a stable outlook. This rating reflects their adequate capacity to meet financial commitments, despite variations in risk appetite and loan growth patterns observed by Fitch.

The Sittwe port is situated in Myanmar, specifically in the Rakhine State. It plays a crucial role in the Kaladan multi-modal transit transport project, offering connectivity advantages for cargo transportation to Northeastern states, bypassing Bangladesh.

IIT Bombay is ranked 45th globally in engineering according to the QS World University Rankings 2024, highlighting its excellence in the field and its leading position in South Asia.

IISc Bengaluru developed a three-layered hydrogel using chitosan, polyvinyl alcohol, and polyaniline, capable of adsorbing and degrading over 90% of microplastics in water. This innovation introduces a sustainable method for filtering microplastics while avoiding issues like clogging, and it includes a fluorescent dye for tracking microplastic adsorption.

ISRO Chief S Somanath announced that India aims to land an astronaut on the moon by 2040, as part of the upcoming Chandrayaan-4 mission, highlighting India's ambitious lunar exploration goals and the progress in ISRO's space projects.