{"id":34440,"date":"2024-12-28T18:08:39","date_gmt":"2024-12-28T12:38:39","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=34440"},"modified":"2025-09-13T18:26:18","modified_gmt":"2025-09-13T12:56:18","slug":"news-in-short-28-december-2024","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/28-12-2024\/news-in-short-28-december-2024","title":{"rendered":"News In Short 28-12-2024"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Baltic Sea<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS1\/ Geography<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>NATO to enhance military presence in Baltic Sea after undersea power and internet cables cut.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About the Baltic Sea<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It is the <strong>youngest sea<\/strong> on Earth, formed 10,000-15,000 years ago as glaciers retreated at the end of the <strong>last Ice Age<\/strong>.<\/li>\n\n\n\n<li>It is located in Northern Europe, enclosed by Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, and Sweden.<\/li>\n\n\n\n<li>It is one of the largest bodies of brackish water on the planet (Earth), connected to St. Petersburg by the Gulf of Finland.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img data-dominant-color=\"a8cbd7\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Baltic-Sea-1024x1024.webp\" alt=\"baltic sea\" class=\"not-transparent wp-image-34441\" style=\"--dominant-color: #a8cbd7; width:570px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Baltic-Sea-1024x1024.webp 1024w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Baltic-Sea-300x300.webp 300w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Baltic-Sea-150x150.webp 150w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Baltic-Sea-768x768.webp 768w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Baltic-Sea.webp 1056w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<figure class=\"wp-block-table\"><table class=\"has-background\" style=\"background-color:#ebecf0\"><tbody><tr><td><strong>North Atlantic Treaty Organization (NATO)<\/strong><br>&#8211; Created in <strong>1949,<\/strong> it is an intergovernmental military alliance between countries of <strong>Europe and North America<\/strong>.&nbsp;<br>&#8211; It works on the <strong>principle of collective defence<\/strong> i.e. an attack on one member nation is treated as an attack on them all.<br>&#8211; <strong>Headquartered <\/strong>in Brussels (Belgium), NATO currently has <strong>32 member countries<\/strong>.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Source: <\/strong>Reuters<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>PM CARES Fund<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS2\/Governance<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Prime Minister\u2019s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) received Rs 912 crore in contributions during the financial year 2022-23.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The PM CARES Fund was registered as a <strong>Public Charitable Trust<\/strong> under the <strong>Registration Act, 1908 in 2020.<\/strong><\/li>\n\n\n\n<li>It was established in the wake of the<strong> Covid-19 pandemic.<\/strong><\/li>\n\n\n\n<li><strong>Objective:<\/strong> Dealing with any kind of emergency or distress situation, like posed by the COVID-19 pandemic, and to provide relief to the affected.<\/li>\n\n\n\n<li><strong>Governance: <\/strong>The Prime Minister is the ex-officio chairman of the PM CARES Fund, while the Defence Minister, Home Minister and Finance Minister are ex-officio trustees of the Fund.\n<ul class=\"wp-block-list\">\n<li>It is not a part of the government budget, and its workings are separate from the government&#8217;s direct financial control.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Tax Benefits: <\/strong>Donations to PM CARES Fund would qualify for 80G benefits for 100% exemption under the Income Tax Act, 1961.\n<ul class=\"wp-block-list\">\n<li>Donations will also qualify to be counted as Corporate Social Responsibility (CSR) expenditure under the Companies Act, 2013.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/india\/pm-cares-fund-received-rs-912-crore-contribution-in-year-after-covid-pandemic-9747997\/\" target=\"_blank\" rel=\"noopener\"><strong>IE<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Siang Upper Multipurpose Project (SUMP)<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/Infrastructure<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Arunachal Pradesh Chief Minister has claimed that misinformation is being spread to mislead locals about the proposed Siang Upper Multipurpose Project (SUMP).&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Location<\/strong>: The project is located in the Upper Siang district of Arunachal Pradesh, which is in the northeastern part of India.&nbsp;<\/li>\n\n\n\n<li><strong>Siang River: <\/strong>It is a major tributary of the Brahmaputra River.\n<ul class=\"wp-block-list\">\n<li>It originates near Mount Kailash in Tibet, where it is known as the Yarlung Tsangpo.&nbsp;<\/li>\n\n\n\n<li>It traverses over 1,000 km eastward before entering Arunachal Pradesh as the Siang.&nbsp;<\/li>\n\n\n\n<li>Further downstream, in Assam, it joins tributaries like the Dibang and Lohit to become the Brahmaputra.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Capacityof SUMP<\/strong>: Exceeding 10,000 MW.<\/li>\n\n\n\n<li><strong>Multipurpose Nature<\/strong>: As a multipurpose project, the SUMP aims to serve more than just power generation:\n<ul class=\"wp-block-list\">\n<li><strong>Flood Control<\/strong>: The dam and reservoir would help in regulating the flow of the river, mitigating the risk of flooding downstream, particularly in Assam.<\/li>\n\n\n\n<li><strong>Irrigation<\/strong>: The project could provide water for irrigation, improving agricultural productivity in the region.<\/li>\n\n\n\n<li><strong>Water Supply<\/strong>: The water storage could be used for domestic and industrial purposes.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Environmental and Social Concerns<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>Displacement of Local Communities<\/strong>: The construction of dams and reservoirs result in the displacement of people who live along the river.<\/li>\n\n\n\n<li><strong>Ecological Impact<\/strong>: Alterations to the river ecosystem affect biodiversity, fisheries, and downstream water availability.<\/li>\n\n\n\n<li><strong>Seismic Risks: <\/strong>The region is earthquake-prone, raising concerns about the safety of large dams in such an area.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/long-reads\/siang-upper-multipurpose-project-not-without-resistance-arunachal-people-farms-surveys-9748204\/#:~:text=His%20village%2C%20Parong%2C%20is%20one,Upper%20Multipurpose%20Project%20(SUMP).\" target=\"_blank\" rel=\"noopener\"><strong>IE<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>New method for detecting H. pylori<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus :GS 3\/Science and Tech&nbsp;<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In News<\/strong><\/h3>\n\n\n\n<p>Researchers have developed a cost-effective <strong>point-of-care diagnostic service, FELUDA<\/strong>, for detecting <strong>H. pylori <\/strong>and its antibiotic resistance mutations in rural areas of India with limited access to diagnostic labs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>&nbsp;H. pylori<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>H. pylori is a gram-negative, microaerophilic bacterium that infects humans, typically residing in the stomach.<\/li>\n\n\n\n<li>It causes inflammation and ulceration of the stomach lining, leading to gastrointestinal issues.\n<ul class=\"wp-block-list\">\n<li>It is the leading cause of chronic gastritis, peptic ulcers, gastric lymphoma, and gastric cancer<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Transmission <\/strong>occurs through fecal-oral, gastric-oral, oral-oral, or sexual routes, with lower socioeconomic status being a significant risk factor for higher infection prevalence.<\/li>\n\n\n\n<li><strong>Global Impact of H. pylori<\/strong>: H. pylori infects over 43% of the global population and causes gastrointestinal disorders like peptic ulcers, gastritis, dyspepsia, and even gastric cancer.\n<ul class=\"wp-block-list\">\n<li>Resistance to clarithromycin, caused by mutations in the 23S ribosomal RNA gene, is a growing public health threat, complicating treatment.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Need for Novel Diagnostic Tools: <\/strong>To address this, there is a need for cost-effective, rapid diagnostic tools to detect H. pylori and its antibiotic resistance, particularly in underserved regions.<\/li>\n\n\n\n<li><strong>CRISPR-Based Diagnostics<\/strong>: CRISPR technologies offer high accuracy in detecting specific mutations by designing guide RNAs for precise DNA recognition.\n<ul class=\"wp-block-list\">\n<li>Researchers previously explored CRISPR-Cas9 methods but faced limitations due to the need for specific PAM sequences.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Developments <\/strong>: Study explored en31-FnCas9, an engineered protein from Francisella novicida, which overcomes the PAM sequence limitation and successfully detects H. pylori mutations related to clarithromycin resistance.\n<ul class=\"wp-block-list\">\n<li>The study&nbsp; demonstrated the effectiveness o<strong>f en31-FnCas9 i<\/strong>n detecting H. pylori and its resistance mutations in gastric biopsy samples.&nbsp;<\/li>\n\n\n\n<li>It was combined with a lateral flow-based test strip (FELUDA) for rapid, visual results, making it ideal for remote clinical settings.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>Source:PIB<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Smart Cities Mission (SCM)<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS2-Welfare Schemes<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A study by the Indian Institute of Management, Bangalore, reveals that the introduction of smart classrooms under the Smart Cities Mission has led to a 22% increase in overall enrolment in 19 cities from 2015-16 to 2023-24.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About the Smart Cities Mission (SCM)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>It is a <strong>Centrally Sponsored Scheme<\/strong> launched in 2015.<\/li>\n\n\n\n<li>It covers <strong>100 cities<\/strong> and is being implemented by the <strong>Ministry of Urban Development (MoUD)<\/strong> and all state and union territory (UT) governments.<\/li>\n\n\n\n<li>Originally slated for completion by 2019-20, the SCM has been extended to 31 March 2025, with 91% of projects completed as of November 2024.<\/li>\n\n\n\n<li>&nbsp;<strong>The six fundamental principles<\/strong> on which the concept of Smart Cities is based are:<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img data-dominant-color=\"5fa1bd\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"232\" src=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Smart-Cities-Mission-SCM-1024x232.webp\" alt=\"Smart-Cities-Mission-SCM\" class=\"not-transparent wp-image-34442\" style=\"--dominant-color: #5fa1bd; width:736px;height:auto\" srcset=\"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Smart-Cities-Mission-SCM-1024x232.webp 1024w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Smart-Cities-Mission-SCM-300x68.webp 300w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Smart-Cities-Mission-SCM-768x174.webp 768w, https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2024\/12\/Smart-Cities-Mission-SCM.webp 1126w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Objective &amp; Significance:<\/strong>\n<ul class=\"wp-block-list\">\n<li>To promote cities that provide core infrastructure and give a decent quality of life to their citizens, a clean and sustainable environment and application of &#8216;Smart&#8217; Solutions.<\/li>\n\n\n\n<li>Make Cities liveable, inclusive, sustainable (Area-based development).<\/li>\n\n\n\n<li>Create employment opportunities.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Source:<\/strong> <a href=\"https:\/\/epaper.thehindu.com\/ccidist-ws\/th\/th_delhi\/issues\/113451\/OPS\/GOJDPAIAL.1+GMFDPC3EG.1.html\" target=\"_blank\" rel=\"noopener\">TH<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Panama Canal&nbsp;<\/strong><\/h2>\n\n\n\n<p>Syllabus :GS 1\/Places&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In News<\/strong><\/h3>\n\n\n\n<p>Donald Trump threatened to reimpose U.S. control over the canal, citing high fees and concerns over Chinese influence in nearby ports.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Panamanian President Jose Raul Mulino rejected Trump\u2019s threat, reaffirming that the canal is under Panama\u2019s full control.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>About Panama Canal&nbsp;<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Panama Canal is an 82-km (51-mile) artificial waterway connecting the Pacific and Atlantic Oceans, saving ships thousands of miles and weeks of travel.<\/li>\n\n\n\n<li><strong>Construction History:<\/strong> Spanish colonizers studied the canal in the 1530s, and after a failed French attempt, the U.S. took over in 1903, after supporting Panama\u2019s independence.\n<ul class=\"wp-block-list\">\n<li>The U.S. paid Panama $10 million and an annual annuity for the canal&#8217;s construction and administration, which led to the canal\u2019s opening in 1914.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Importance: <\/strong>It shortens travel time for ships, such as the journey from Los Angeles to New York, by about 8,000 miles (22 days) compared to the southern route around South America.<\/li>\n\n\n\n<li><strong>U.S. Control and Handovers: <\/strong>Tensions grew over U.S. control, especially after the 1956 Suez Crisis.\n<ul class=\"wp-block-list\">\n<li>In 1977, the Carter-Torrijos Treaty granted Panama full control of the canal by 1999.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Recent Developments: <\/strong>Climate change and droughts have lowered water levels, limiting transits in the canal.<\/li>\n<\/ul>\n\n\n\n<p>Source: DD News<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>813th Urs of Khwaja Moinuddin Chishti<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS1\/ History and Culture<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The 813th Urs of Sufi saint Khwaja Moinuddin Chishti begins with a flag ceremony at Durgah Khwaja Saheb, Ajmer.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Khwaja Moinuddin Chishti<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Early Life:<\/strong> Moinuddin was a revered Sufi saint, born in <strong>1141 CE in Persia<\/strong> (modern-day Iran) and believed to be a descendant of Muhammad.<\/li>\n\n\n\n<li><strong>Spiritual Training:<\/strong> Khwaja Moinuddin received formal education in <strong>Bukhara and Samarkand,<\/strong> centers of Islamic learning.\n<ul class=\"wp-block-list\">\n<li>After encountering the mystic <strong>Ibrahim Qandozi<\/strong>, he set out on a spiritual journey.<\/li>\n\n\n\n<li>He was later initiated into the Chishti Sufi order by <strong>Khwaja Usman Harooni near Herat.<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>In 1192&nbsp; CE, Moinuddin arrived in Ajmer,<\/strong> during the decline of the Chauhan dynasty following its defeat by Muhammad of Ghor.<\/li>\n\n\n\n<li><strong>Disciples: <\/strong>Khwaja Moinuddin\u2019s teachings were carried forward by prominent disciples like <strong>Qutbuddin Bakhtiyar Kaki, Baba Fariduddin, Nizamuddin Auliya, and Chirag Dehalvi.<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Contributions and Teachings&nbsp;<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Promotion of Sufi Values: <\/strong>Khwaja Moinuddin propagated Sufism as a <strong>devotional and ascetic path<\/strong> within Islam.\n<ul class=\"wp-block-list\">\n<li>He emphasized divine <strong>love, service to humanity, and equality,<\/strong> transcending religious boundaries.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Interfaith Harmony:<\/strong> By engaging with Hindu mystics and sages, he fostered a spirit of mutual respect and understanding, rejecting religious orthodoxy.<\/li>\n\n\n\n<li>He earned the title <strong>\u201cGarib Nawaz\u201d (friend of the poor) <\/strong>for his selfless service.<\/li>\n\n\n\n<li><strong>Legacy:<\/strong> Mughal Emperor <strong>Akbar revered<\/strong> Moinuddin and made pilgrimages to his shrine.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.newsonair.gov.in\/countdown-begins-for-813th-urs-of-khwaja-moinuddin-chishti\/\" target=\"_blank\" rel=\"noopener\"><strong>AIR<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><strong>Current Account Deficit<\/strong><\/h2>\n\n\n\n<p><strong>Syllabus: GS3\/ Economy<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Context<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India\u2019s current account deficit (CAD) marginally moderated to <strong>$11.2 billion, <\/strong>equivalent to <strong>1.2%<\/strong> of gross domestic product (GDP), during the <strong>July-September 2024 quarter.&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Current Account Deficit (CAD)<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The current account deficit occurs when a <strong>country\u2019s imports of goods and services exceed its exports.&nbsp;<\/strong><\/li>\n\n\n\n<li>It is a crucial indicator of a <strong>nation\u2019s economic health <\/strong>and reflects the balance of trade, net income from abroad, and net current transfers.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Components of CAD<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Trade Balance: <\/strong>The difference between the value of exports and imports of goods.<\/li>\n\n\n\n<li><strong>Services:<\/strong> Includes software exports, travel, and other service receipts.<\/li>\n\n\n\n<li><strong>Net Income:<\/strong> Comprises interest, dividends, and remittances.<\/li>\n\n\n\n<li><strong>Net Transfers: <\/strong>Includes private remittances from expatriates.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Significance of lower CAD<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Economic Stability:<\/strong> It reduces vulnerabilities to global economic shocks, such as changes in commodity prices or interest rates in advanced economies.<\/li>\n\n\n\n<li><strong>Reduced External Debt:<\/strong> With a lower CAD, India borrows less from foreign sources to bridge its deficit, keeping the external debt-to-GDP ratio manageable.<\/li>\n\n\n\n<li><strong>Global Confidence:<\/strong> A low CAD boosts India&#8217;s credibility in global financial markets, enhancing its credit rating.<\/li>\n<\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/business\/current-account-deficit-narrows-to-11-2-bn-in-q2-rbi-9748003\/&#039;\" target=\"_blank\" rel=\"noopener\"><strong>IE<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NATO to enhance military presence in Baltic Sea after undersea power and internet cables cut.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-34440","post","type-post","status-publish","format-standard","hentry","category-current-affairs"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/34440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=34440"}],"version-history":[{"count":2,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/34440\/revisions"}],"predecessor-version":[{"id":54047,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/34440\/revisions\/54047"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=34440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=34440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=34440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}