Maju Varghese quits as White House Military Office head

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By Arul Louis
New York, Jan 22 |
Indian-origin Maju Varghese is leaving his position as the director of the White House Military Office, according to a media report quoting him.

“Right now, it’s best for me and my family that I kind of just try to strike a little bit more of a balance,” CNN quoted Varghese explaining his decision to leave the White House.

“One thing I learned during two tours here is it’s a demanding place to work and it’s because the work is really important, and we throw all of ourselves into this,” he said of leaving after a gruelling year.

At the White House, his role included working with the military to ensure medical support, emergency medical services and presidential transportation, communications and organising official ceremonies and functions.

“These are complex movements, helicopters and planes and ground transportation and communications and supporting large events and global travel in and of itself is hard,” Varghese told CNN.

“Now you throw Covid in, you’ve got to think about all that comes with health and safety.”

He worked closely with Surgeon General Vivek Murthy when he was the chief operating officer of Biden’s election campaign, and later at the White House to ensure everyone’s health during the pandemic.

Murthy told CNN: “The way he would run meetings and to both chart out a path forward, reassure people, his calmness in the face of serious adversity and uncertainty — those are invaluable qualities that he brought to the operation.”

He had also worked for former President Barack Obama as a special assistant to the president and the deputy director of advance organising his travel in the US and abroad.

He was also the executive director of Biden’s and Vice President Kamala Harris’s inauguration – the swearing-in ceremonies and the festivities around it.

Varghese’s parents immigrated from Thiruvalla, Kerala, to the US, where he was born.

He is a lawyer by training.

CNN said that he did not reveal future plans.

(Arul Louis can be reached at arul.l@ians.in and followed @arulouis)

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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