Missiles below, mountains ahead: How the IAF had to improvise in the middle of war

The Indian Air Force conducted a unique high-altitude air-to-ground campaign during the 1999 Kargil conflict. Fighter pilots faced unprecedented challenges fighting at altitudes of 14-18,000 feet. Early losses prompted tactical changes and accelerated the integration of precision-guided munitions. The conflict highlighted India’s need for indigenous navigation technology and satellite systems. Lessons learned from Kargil continue…

Sebi revamps mutual fund registration process, sets out eligibility norms

Sebi on Monday revamped the registration process for mutual funds, introducing a consolidated application framework in a bid to streamline preliminary and final approvals while requiring prospective sponsors to make detailed disclosures on their financial strength, ownership, governance and regulatory track record. The framework comes under the Sebi (Mutual Funds) Regulations, 2026, which were notified…