Wednesday, September 09
Air Chief Marshal A P Singh on Tuesday cautioned against the implementation of the theaterisation plan in a hurry and proposed the setting up of a joint planning and coordination centre in Delhi comprising top military brass to ensure tri-services synergy.In a fireside chat at the Army War College, the Chief of Air Staff, referring to proposed theatre commands, said creating a new structure while disrupting everything is not a very good idea at this point of time.The hugely significant remarks by the Air Chief Marshal came three-and-a-half months after India carried out Operation Sindoor that reflected various elements of synergy among the three services.In his remarks, Singh said the operation once again established the "primacy" of air power even as he highlighted the tri-services coordi
Air Chief Marshal A P Singh on Tuesday cautioned against the implementation of the theaterisation plan in a hurry and proposed the setting up of a joint planning and coordination centre in Delhi comprising top military brass to ensure tri-services synergy. In a fireside chat at the Army War College, the Chief of Air Staff, referring to proposed theatre commands, said creating a new structure while disrupting everything is not a very good idea at this point of time. The hugely significant remarks by the Air Chief Marshal came three-and-a-half months after India carried out Operation Sindoor that reflected various elements of synergy among the three services. In his remarks, Singh said the operation once again established the "primacy" of air power even as he highlighted the tri-services coo
A special court has accepted a closure report filed by the CBI in an offshoot of the NSE co-location scam case involving a company founded by Mumbai's former police commissioner Sanjay Pandey for auditing of two stock brokers, officials said Tuesday. In its final report, the central agency has said there were violations of SEBI circulars regarding audits of brokers-- SMC Global Securities Ltd and Shaastra Securities Trading Private Limited-- conducted by ISec Services which was founded by Pandey, but there was "absence of sufficient material to establish criminal intent on the part of the accused persons". No complicity of officials of National Stock Exchange (NSE) or Securities and Exchange Board of India (SEBI) in willfully allowing the brokers to submit inadequate audit reports was foun
U.S. President Donald Trump has taken his feud with the Federal Reserve to an unprecedented extreme with his effort to fire Governor Lisa Cook, kicking off what could be a protracted legal battle that risks resetting long-established norms for the central bank's independence and a president's involvement in monetary policy. Long feared as a move that would tip global financial markets into disarray, Trump's announcement late Monday that he would remove Cook immediately over questions raised over mortgages she took out before she joined the Fed was met with a muted response on Tuesday. Wall Street's main indexes opened slightly lower, while bond yields reflected higher expectations for a near-term Fed rate cut and also a bit less confidence in the central bank's inflation-fighting credentia
