Source: Government of India
Posted On: 02 APR 2025 4:37PM by PIB Delhi
The Government of India has provided a maximum of 42 days Special Casual Leave to Central Government Servants for donating their organ(s).
This information was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Personnel, Public Grievances and Pensions, in a written reply in the Lok Sabha today.
***
NKR/PSM
(Release ID: 2117819) Visitor Counter : 62
Source: Government of India
Posted On: 02 APR 2025 4:20PM by PIB Delhi
Ministry of Home Affairs is implementing six projects under Umbrella Scheme for “Safety of Women” in collaboration with States and Union Territories for ensuring timely intervention and investigation in cases of crime against women and enhanced efficiency in investigation and crime prevention in such matters. Details of the project are as under-
The Ministry of Home Affairs is funding for the setup of Women Help Desks (WHDs) in police stations, to improve women’s access to police services. So far, 14,658 WHDs are operational across all States and UTs, out of which 13,743 WHDs are led by women officers. Additionally, 827 Anti- Human Trafficking Units (AHTUs) have been established across all States/UTs. The Cyber Crime Prevention against Women & Children project is implemented in all States and UTs. So far, Cyber Forensic Training Laboratories have been setup in 33 States/UTs and over 24,624 officials including police officers, judges and prosecutors have been trained. A portal for reporting cyber-crime against women and children is also active. Under the Nirbhaya fund, projects worth ₹245.29 crore have been approved for enhancing DNA and Cyber Forensic capabilities in State Forensic Labs across 30 States/UTs. DNA Analysis facility has been established in Chandigarh. Six National Cyber Forensic Labs, along with a National Forensic Data Centre has been approved. 34,626 officials including Investigation Officers, Prosecution Officers and Medical Officers have been trained on DNA evidence management and the use of Sexual Assault
Evidence Collection Kits. Also, 18,020 Sexual Assault Evidence Collection Kits has been distributed to States/UTs.
The Emergency Response Support System (ERSS) is operational across all 36 States/UTs. The upgraded ERSS (2.0) enhances emergency services with improved data centers, wider district coverage, higher call capacity, vehicle tracking, and disaster recovery. Disaster Recovery facilities are functional at C-DAC centers in Noida and Thiruvananthapuram. ERSS is now integrated with other emergency helplines such as Railway Helpline, Women Helpline, Child Helpline, and Disaster Response services.
This was stated by the Minister of State in the Ministry of Home Affairs Shri Bandi Sanjay Kumar in a written reply to a question in the Rajya Sabha.
***
RK/VV/ASH/RR/PR/PS
(Release ID: 2117800) Visitor Counter : 72
Source: Government of India
Posted On: 02 APR 2025 4:37PM by PIB Delhi
Maintaining data relating to sanctioned posts/vacancies is the responsibility of the respective cadre controlling authorities in various Central Government Ministries/ Departments/Organizations. Filling up of vacancies is done by the respective cadre controlling authorities in various Central Govt. Ministries, Departments and Organizations, and is a continuous process. Vacant posts in Central Government are being filled in a mission mode by the respective Ministries/Departments through Rozgar Melas. A total of 13Rozgar Melas have been held in West Bengal at various locations so far.
This information was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Personnel, Public Grievances and Pensions, in a written reply in the Lok Sabha today.
***
NKR/PSM
(Release ID: 2117820) Visitor Counter : 53
Source: Government of India
Posted On: 02 APR 2025 4:19PM by PIB Delhi
Shri. M. Nagaraju, Secretary, Department of Financial Services (DFS) chaired a meeting today at Manthan, DFS to discuss the revamp of the Central KYC Records Registry (CKYCR) and key issues related to Know Your Customer (KYC) compliance with the objective of making life of citizen comfortable while availing Financial Services. The meeting included senior officials from concerned Ministries/Departments, financial sector regulators, financial institutions, and other stakeholders.
In the meeting, Shri. Nagaraju emphasized the need for the modernization of the Central KYC Records Registry (CKYCR) and streamlining of KYC process. Key issues & challenges concerning individuals and regulated entities, measures so far taken by the Government and Financial Sector Regulators and proposed measures for further enhancing efficiency, reducing redundancy and improving security relating to KYC process across financial sectors were discussed at length.
During the discussion, many suggestions were received from stakeholders which will be considered for further easing of the KYC process.
**********
NB/AD
(Release ID: 2117797) Visitor Counter : 105
Source: Government of India
Posted On: 02 APR 2025 4:36PM by PIB Delhi
Ministry of Environment, Forest & Climate Change (MoEFCC) have informed that they have no comments to provide in the matter as the issues pertaining to employees of forest establishment of State Governments are not dealt with by the MoEFCC.
Further, as per the guidelines issued by the Ministry of Labour and Employment, Government of India, Contract Labour (Regulation and Abolition) Act, 1970 do not contain any provision for regularization of contract labourers or for granting them permanent status.
To address the burden of mental disorders, the Ministry of Health & Family Welfare, Government of India is implementing the National Mental Health Programme (NMHP) in the country under which767 districts were sanctioned for District Mental Health Programme (DMHP) to provide facilities at the Community Health Centre (CHC) and Primary Health Centre (PHC) levels, inter-alia, include outpatient services, assessment, counselling/ psycho-social interventions, continuing care and support to persons with severe mental disorders, drugs, outreach services, ambulance services etc. One of the objectives of DMHP is to provide suicide prevention services, work place stress management, life skills training and counseling in schools and colleges. In addition to the above, the Government is also taking steps to strengthen mental
healthcare services at primary healthcare level. Mental health services have been added in the package of services under Comprehensive Primary Health Care provided at these Ayushman Arogya Mandirs.
Ministry of Health & Family Welfare, Government of India has also formulated the country’s first National Suicide Prevention Strategy. The details of the Strategy are available on the website of the Ministry. (https://mohfw.gov.in/sites/default/files/National%20Suicide%20Prevention%20Strategy.pdf).
This information was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Personnel, Public Grievances and Pensions, in a written reply in the Lok Sabha today.
***
NKR/PSM
(Release ID: 2117814) Visitor Counter : 58
Source: Government of India
Posted On: 02 APR 2025 4:18PM by PIB Delhi
Section 479 (1) of the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS), which has come into force with effect from 1.7.2024, provides that if a person, during investigation, enquiry or trial of an offence under any law (not being an offence for which the punishment of death or life imprisonment has been specified as one of the punishments under that law), has undergone detention for a period extending up to one-half of the maximum period of imprisonment specified for that offence, he shall be released by the Court on bail. In case of a first-time offender, such a prisoner shall be released on bond by the Court, if he has undergone detention for a period extending up to one-third of the maximum period of imprisonment specified for such offence.
On the occasion of Constitution Day i.e., 26th November, last year, the Ministry of Home Affairs had launched a “Special Campaign”, under which the States and Union Territories (UTs) were requested to identify eligible undertrial prisoners under the provisions of Section 479 of BNSS and move their applications to the concerned Courts for their release on bail/bond. In terms of the data reported by the States and UTs in this regard, State/UT- wise number of eligible prisoners identified and who were granted bail by the Court under the provisions of Section 479 of BNSS upto 26.11.2024 are given in Annexure.
‘Prisons’/‘persons detained therein’ is a “State List” subject under Entry 4 of List II of the Seventh Schedule to the Constitution of India. Therefore, the administration and management of prisoners is primarily the responsibility of respective State Governments/Union Territories, who have the responsibility to take appropriate action in this regard.
The Ministry of Home Affairs has issued an advisory to the States and Union Territories on 1.1.2025 informing them that release of eligible undertrial prisoners on the occasion of Constitution Day was not a one-time exercise and the States/UTs need to take full advantage of the provisions of Section 479 of BNSS and provide the benefit of the same to all eligible undertrial prisoners on a continuous basis, as this can go a long way in mitigating the situation of long detention faced by undertrial prisoners and will also address the issue of overcrowding in prisons.
*****
State/UT-wise number of eligible prisoners identified and who were granted bail by the Court under the provisions of Section 479 of BNSS upto 26.11.2024
|
S. No. |
State/UT |
Number of prisoners identified |
Number of prisoners granted bail |
|
1 |
Andhra Pradesh |
2 |
0 |
|
2 |
Arunachal Pradesh |
9 |
8 |
|
3 |
Assam |
1 |
1 |
|
4 |
Bihar |
46 |
28 |
|
5 |
Chhattisgarh |
2 |
0 |
|
6 |
Goa |
2 |
0 |
|
7 |
Gujarat |
7 |
2 |
|
8 |
Haryana |
10 |
9 |
|
9 |
Himachal Pradesh |
0 |
0 |
|
10 |
Jharkhand |
26 |
14 |
|
11 |
Karnataka |
21 |
9 |
|
12 |
Kerala |
3 |
0 |
|
13 |
Madhya Pradesh |
72 |
37 |
|
14 |
Maharashtra |
153 |
22 |
|
15 |
Manipur |
2 |
0 |
|
16 |
Meghalaya |
4 |
4 |
|
17 |
Mizoram |
1 |
1 |
|
18 |
Nagaland |
2 |
1 |
|
19 |
Odisha |
6 |
2 |
|
20 |
Punjab |
15 |
5 |
|
21 |
Rajasthan |
19 |
4 |
|
22 |
Sikkim |
0 |
0 |
|
23 |
Tamil Nadu |
2 |
0 |
|
24 |
Telangana |
0 |
0 |
|
25 |
Tripura |
0 |
0 |
|
26 |
Uttar Pradesh |
110 |
51 |
|
27 |
Uttarakhand |
4 |
4 |
|
28 |
West Bengal |
297 |
98 |
|
29 |
A & N Islands |
0 |
0 |
|
30 |
Chandigarh |
1 |
1 |
|
31 |
DNH & Daman Diu |
0 |
0 |
|
32 |
Delhi |
129 |
28 |
|
33 |
Jammu & Kashmir |
5 |
5 |
|
34 |
Ladakh |
0 |
0 |
|
35 |
Lakshadweep |
0 |
0 |
|
36 |
Puducherry |
0 |
0 |
|
|
Total |
951 |
334 |
This was stated by the Minister of State in the Ministry of Home Affairs Shri Bandi Sanjay Kumar in a written reply to a question in the Rajya Sabha.
***
RK/VV/ASH/RR/PR/PS
(Release ID: 2117796) Visitor Counter : 65
Source: Government of India
Posted On: 02 APR 2025 4:36PM by PIB Delhi
Pension Adalats are conducted by Government to redress long standing grievances pertaining to Central Government Pensioners. As the Pension Adalats are for Central Government Pensioners, Ministry wise/ Department wise data sets are maintained and State-wise data is not collated. The details of the Pension Adalats conducted over the last 05 years along with the cases taken up and resolved pertaining to almost all the Ministries and Departments including major Ministries like Ministry of Defence, Railways, Telecommunications, Finance, Home Affairs and O/o CAG are provided below:
|
Pension Adalat (Year) |
No of cases taken up during the Adalat |
No of cases resolved during the Adalat |
|
2020 |
342 |
319 |
|
2021 |
3692 |
2591 |
|
2022 |
1732 |
1113 |
|
2023 |
603 |
440 |
|
2024 |
403 |
330 |
|
2025 |
192 |
151 |
|
Total |
6,964 |
4,944 |
The Government intends to organize additional Pension Adalats to redress long- standing pension-related grievances in the future.
The objective of the Pension Adalat is to provide on-the-spot resolution of unresolved and chronic grievances in CPENGRAMS. After giving advance notice to all the stakeholders, involving the Head of Office (HOO), Pay and Account Office (PAO), Central Pension Accounting Office (CPAO), Pension Disbursing Bank etc. and representative of the Pensioner are called on a common platform for resolution of the grievances across the table.
Most of the cases taken up in Pension Adalats are resolved on the spot. Due follow-up with the respective Ministry/Department is carried out and Action Taken Reports are sought for the cases that are resolved. The unresolved cases are revisited and their status is considered before holding the next Pension Adalat.
This information was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Personnel, Public Grievances and Pensions, in a written reply in the Lok Sabha today.
***
NKR/PSM
(Release ID: 2117816) Visitor Counter : 61
Source: Hong Kong Government special administrative region
Institutions and permanent offices qualified for interim measure applications announced* Hong Kong Maritime Arbitration Group
* South China International Arbitration Center (HK)
* eBRAM International Online Dispute Resolution Centre
* Shanghai International Arbitration (Hong Kong) Center
* Asia Pacific International Arbitration Chamber Hong Kong Arbitration Center
* AALCO Hong Kong Regional Arbitration Centre
* China International Economic and Trade Arbitration Commission Hong Kong Arbitration Center
* International Court of Arbitration of the International Chamber of Commerce – Asia OfficeIssued at HKT 18:42
NNNN
Source: Government of India
Posted On: 02 APR 2025 4:35PM by PIB Delhi
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) marks its third anniversary of signing today, a landmark achievement that has enhanced the economic partnership between India and Australia. Since the agreement’s signing on 2nd April 2022, it has created pathways for robust trade, offering new avenues for businesses, entrepreneurs, and employment across both nations.
With the signing of the ECTA, India and Australia have fostered new economic opportunities, underlining the complementary strengths of both economies. Following the signing and implementation of the agreement, total bilateral trade reached USD 24 billion in 2023-24, marking an impressive 14% growth in India’s exports to Australia as compared to 2022-23. This positive momentum continues in the current fiscal year, with India’s exports to Australia having increased by 4.4% during April 2024-February 2025 as compared to the same period in April 2023-February 2024.
The ECTA has brought tangible benefits across several sectors, notably textiles, pharmaceuticals, chemicals, and agriculture. Exports on new lines, such as Calcined Petroleum Coke, High-Capacity Diesel Generating Sets, and Air Liquefaction Machinery, demonstrate the expanding trade opportunities facilitated by the agreement. Sectors like electronics and engineering hold significant potential for future exports, offering promising prospects for further growth and innovation.
Imports of key raw materials, such as metalliferous ores, cotton, wood and wood products have supported the growth of Indian industries, solidifying the mutually beneficial and complementary nature of the partnership.
The India-Australia partnership is poised for even greater growth. As the ECTA celebrates its third anniversary, India and Australia reaffirm their commitment to deepening their economic ties, driving mutual prosperity, and contributing to a stronger and more resilient global economy.
***
Abhishek Dayal/Abhijith Narayanan
(Release ID: 2117812) Visitor Counter : 84
Source: Government of India
Posted On: 02 APR 2025 4:04PM by PIB Delhi
The Union Minister of State for Tribal Affairs Shri Durga Das Uikey informed in Rajya Sabha today that as per Census 2011 the literacy rate among tribals states of Jharkhand is below:
|
Male |
Female |
All |
|
68.2 |
46.2 |
57.1 |
The specific measures taken by the government to increase literacy and education among STs and thereby diminishing gaps are covered by the following schemes/abhiyans especially for the state of Jharkhand is given below. As per information given by Jharkhand State Government, the seats in 81 Scheduled Tribe Residential School have been increased from 12520 to 31420 to increase enrollment of Scheduled Tribe vide resolution no.2429 dated 04.09.2024.
Further the Students are being provided scholarship and cycle by the government. As per department resolution 697 date 14.03.2024 20 Ashram residential School are being operated/run by non-governmental organizations. The distribution of Post Matric Scholarship for Scheduled Tribe is being done by E-Kalyan portal. For the academic year 2023-24 13976 beneficiaries were covered and Rs.23490.470 lakhs were given.
Other major steps taken by Ministry of Tribal Affairs is given below: –
EMRS: – The Central Sector Scheme of Eklavya Model Residential School (EMRS) was revamped in the year 2018-19 to provide quality education at par with Navodaya Vidyalaya to the tribal children in their own environment. Under the new scheme, Government decided to establish 440 EMRSs, one EMRS in every block having more than 50% ST population and at least 20,000 tribal persons (as per census 2011). 90 EMRS has been sanctioned in Jharkhand of which 51 are functional.
The funds released for the state of Jharkhand in EMRS is given below in Rs. lakh: –
|
State |
2021-22 |
2022-23 |
2023-24 |
|
Jharkhand |
11,309.20 |
23,562.27 |
23,915.13 |
Eklavya Model Residential School (EMRS) catering to students from Class VI to XII of Jharkhand is given below: –
|
State |
2021-22 |
2022-23 |
2023-24 |
|
Jharkhand |
3051 |
3201 |
3202 |
The following scholarship schemes are also implemented by MoTA
a) Pre-Matric Scholarship for ST students (Class IX and X)
b) Post Matric Scholarship for ST students (Class XI and above)
c) National Fellowship for Higher Education for ST students.
d) National Scholarship for Higher Education for ST students (Top Class)
e) National Overseas Scholarship for ST students
Fund released for Scholarship for the year 2021-22 to 2023-24 is given below in Rs. Lakh: –
|
State |
2021-22 |
2022-23 |
2023-24 |
|
Jharkhand |
17048.94 |
527.11 |
11815.56 |
PM JANMAN: -Under Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) launched on 15th November 2023 targeted at the socio-economic development of 75 PVTG communities residing in 18 states and one UT. One of the interventions is construction of 500 hostels under Samagra Shiksha which is being implemented by the Ministry of Education. As of now schemes 10 hostels have been sanctioned in Jharkhand and funds allotted are Rs.27.5cr.
DAJGUA: – Dharti Aaba Janjatiya Gram Utkarsh Abhiyan was launched on 2nd October, 2024. The Abhiyan comprises of 25 interventions implemented by 17-line Ministries and aims to saturate infrastructural gaps in 63,843 villages, improve access to health, education, Anganwadi facilities and providing livelihood opportunities benefiting more than 5 crore tribals in 549 districts and 2,911 blocks in 30 States/UTs in 5 years. Each Ministry has been allocated budget and targets under Abhiyan and responsible for implementing the intervention assigned to it. The Abhiyan aims at Saturation through convergence and outreach.
Under Dharti Aaba Janjatiya Gram Utkarsh Abhiyan, one of the interventions is construction of 1000 hostels under Samagra Shiksha which is being implemented by Ministry of Education. Further, upgradation & improving infrastructure of Ashram Schools, Hostels, Govt./State Tribal Residential schools is also covered under the Abhiyan which is to be considered by Ministry of Tribal Affairs based on the proposals from State Governments.
Development Action Plan for the Scheduled Tribes (DAPST) Serves as a comprehensive financial framework to ensure the allocation and utilization of funds across various ministries for the development and welfare of Scheduled Tribes (STs). It encompasses a wide range of schemes and interventions targeting the overall socio-economic development of STs.
The Budgetary Allocation Significantly increased from ₹21525.36 crore (actual) in 2013-14 annually to ₹1,27,434.20 crore in the year 2025-26, involving 41 Ministries, including the Ministry of Tribal Affairs. 41 Ministries including Mota are mandated to set aside specific percentage schemes budget annually under DAPST for e g. MoRD is to side 17.5% of its budget of schemes for STs.
Department of School Education and Literacy have taken a range of initiatives to ensure that all children are enrolled in schools and complete their school education. Some of the key initiatives like Samagra Shiksha Scheme which reaches out to girls, and children belonging to SC, ST, Minority communities and transgender. It focuses as on special focus Districts on the basis of adverse performance.
Special residential school have also been run for girls from class vi to xii. This is for all states including Jharkhand and Tribals girls are also beneficiaries. Presently a total of 183440 ST girls are beneficiaries at all India level. National Means-cum-Merit Scholarship Scheme (NMMSS), Pradhan Mantri Poshan Shakti Nirman (PM POSHAN) and ULLAS: Understanding of Lifelong Learning for All in Society/NILP primally aimed at literacy is also being done which is benefiting tribals.
*******
RN/PIB
(Release ID: 2117791) Visitor Counter : 76
Source: Government of India
Posted On: 02 APR 2025 4:35PM by PIB Delhi
Government has established the Centralized Public Grievance Redress and Monitoring System (CPGRAMS), a 24×7 online platform that enables citizens to lodge grievances related to service delivery by public authorities. Since 2019, more than 1.15 crore grievances have been redressed, with around 103,183 Grievance Officers mapped on the CPGRAMS portal. Government has adopted the 10 Step reforms of CPGRAMS to make grievance redressal timely, meaningful and accessible to Citizen through which the timelines of redressal have come down from 28 days in 2019 to 13 days in 2024 for Central Government. Grievances related to policy issues raised by citizen might take larger time to resolve. In such cases, Government has issued detailed guidelines for use of CPGRAMS, the latest being on August 23, 2024, where it has prescribed a 21-day timeframe for grievance redressal, with mandatory interim replies if resolution within the stipulated time is not possible. As on 28.02.2025, there exists a pendency of 59,946 PG cases in Ministries/Departments of Government of India, out of which 63.86 % of grievances are pending for less than 21 days.
This information was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Personnel, Public Grievances and Pensions, in a written reply in the Lok Sabha today.
***
NKR/PSM
(Release ID: 2117813) Visitor Counter : 59
Source: Government of India
Posted On: 02 APR 2025 4:03PM by PIB Delhi
The Union Minister of State for Tribal Affairs Shri Durga Das Uikey informed in Rajya Sabha today that the Government of India on 15.6.1999 (further amended on 25.6.2002 and 14.9.2022) has laid down the modalities for deciding the claims for inclusion in, exclusion from and other modifications in Orders specifying Scheduled Castes and Scheduled Tribes lists.
As per the modalities, only those proposals which have been recommended and justified by the concerned State Government / UT Administration and concurred with by Registrar General of India (RGI) and National Commission for Scheduled Tribes (NCST) are to be considered and legislation amended. All action on the proposals is taken as per these approved modalities. The recommendation of the concerned State Government is pre-requisite to process the case further.
The proposals for inclusion in the list of Scheduled Tribes of a State or Union Territory follow certain processes as per the modalities. This is a continuous process. Proposals received from the State Government should be accompanied by an ethnographic report. The proposals are examined by the Office of the RGI and then by the NCST. In case the proposal is not recommended by the RGI, the State Governments are communicated the points raised by the RGI, so that additional information, if any, may be furnished by the State Government. Many such proposals may therefore remain under examination at different levels.
***
RN/PIB
(Release ID: 2117789) Visitor Counter : 77
Source: Government of India
Posted On: 02 APR 2025 4:34PM by PIB Delhi
Total number of grievances received and redressed on CPGRAMS portal www.pgportal.gov.in, in last five years are attached at Annex 1. The details of the state wise grievances received on PG Portal during this period is attached at Annex II. A total of 1,15,52,503 grievances were redressed from 2020-2024 and an annual all-time high of 26,45,869 grievances have been redressed on CPGRAMS portal from January-December, 2024. The Government has adopted the 10 Step reforms of CPGRAMS to make grievance redressal timely, meaningful and accessible and mapped 103,183 Grievance Officers on the CPGRAMS portal. This helped bring down the pendency in Govt. of India to 59,946 Public Grievances as on 28.02.2025. The average timelines of redressal have come down from 28 days in 2019 to 15 days in February, 2025.Government issued Comprehensive Guidelines for Effective Redressal of Public Grievances on 23rdAugust 2024. These guidelines envisage integration of various public grievance platforms, creation of dedicated grievance cells in Ministries/Departments, appointment of experienced and competent nodal officers, emphasis on root cause analysis of grievances and action on feedback, strengthening escalation processes by appointing appellate authorities, grievance closure guidelines with further reduction in upper limit of resolution time from 30 days to 21 days. Redressal of Public Grievances is also one of the thrust areas of the Special campaign conducted by the Government on institutionalizing swacchata and reducing pendency in Government offices from 2 Oct -31 Oct. About 5.55 lakhs public grievances and appeals have been disposed of during the Special Campaign2024.
Occurrence and filling up of vacant posts in various Ministries/ Departments is a continuous process. The details of vacancies are maintained by the respective Ministries/Departments/State Governments. Ministries/Departments of the Central Government have been directed, from time to time, to fill up the vacant posts in a time bound manner. Vacant posts of Central Government have been filled up in mission mode, in Rozgar Melas launched by the Prime Minister on 22nd October, 2022.
Annex- 1
|
Year |
Brought Forward |
Receipt During Period |
Total Receipt |
Total Disposed in the year |
|
2020 |
1071603 |
2271270 |
3342873 |
2319569 |
|
2021 |
1023304 |
2000590 |
3023894 |
2135923 |
|
2022 |
887971 |
1918238 |
2806209 |
2143468 |
|
2023 |
662741 |
1953057 |
2615798 |
2307674 |
|
2024 |
308124 |
2615321 |
2923445 |
2645869 |
|
Total |
|
10758476 |
12096898 |
11552503 |
Annex- II
(State wise Grievance details for the period from 01.01.2020 to 31.12.2024).
State-wise progress report for 01-01-2020 to 31-12-2024
|
State |
Brought Forward |
Receipt During Period |
Total Receipt |
Total Disposed |
Total Pending |
|
Government of Andaman & Nicobar |
85 |
5704 |
5789 |
5755 |
34 |
|
Government of Andhra Pradesh |
29985 |
39133 |
69118 |
65068 |
4050 |
|
Government of Arunachal Pradesh |
548 |
2400 |
2948 |
2762 |
186 |
|
Government of Assam |
28072 |
130742 |
158814 |
154233 |
4581 |
|
Government of Bihar |
60836 |
165978 |
226814 |
218951 |
7863 |
|
Government of Chattisgarh |
5492 |
44715 |
50207 |
48008 |
2199 |
|
Government of Goa |
1712 |
7502 |
9214 |
8451 |
763 |
|
Government of Gujarat |
9024 |
266779 |
275803 |
270475 |
5328 |
|
Government of Haryana |
45802 |
157207 |
203009 |
191945 |
11064 |
|
Government of Himachal Pradesh |
19520 |
20727 |
40247 |
34533 |
5714 |
|
Government of Jammu and Kashmir |
14759 |
35398 |
50157 |
42810 |
7347 |
|
Government of Jharkhand |
28379 |
89637 |
118016 |
112206 |
5810 |
|
Government of Karnataka |
42179 |
96461 |
138640 |
133322 |
5318 |
|
Government of Kerala |
27008 |
48583 |
75591 |
69811 |
5780 |
|
Government of Madhya Pradesh |
99601 |
183280 |
282881 |
279288 |
3593 |
|
Government of Maharashtra |
119868 |
212362 |
332230 |
313470 |
18760 |
|
Government of Manipur |
1662 |
6562 |
8224 |
5939 |
2285 |
|
Government of Meghalaya |
1545 |
2821 |
4366 |
3899 |
467 |
|
Government of Mizoram |
515 |
1748 |
2263 |
1496 |
767 |
|
Government of Nagaland |
280 |
2046 |
2326 |
1046 |
1280 |
|
Government of NCTof Delhi |
14514 |
147912 |
162426 |
156682 |
5744 |
|
Government of Odisha |
29692 |
68923 |
98615 |
80240 |
18375 |
|
Government of Puducherry |
628 |
8535 |
9163 |
9116 |
47 |
|
Government of Punjab |
16701 |
102648 |
119349 |
116235 |
3114 |
|
Government of Rajasthan |
108046 |
148558 |
256604 |
255197 |
1407 |
|
Government of Sikkim |
766 |
1265 |
2031 |
2004 |
27 |
|
Government of Tami lNadu |
23673 |
110690 |
134363 |
126461 |
7902 |
|
Government of Telangana |
5781 |
38749 |
44530 |
44224 |
306 |
|
Government of Tripura |
551 |
7662 |
8213 |
8160 |
53 |
|
Government of Union Territory of Chandigarh |
320 |
20655 |
20975 |
20882 |
93 |
|
Government of Union Territory of Dadra & Nagar Haveli |
52 |
1789 |
1841 |
1716 |
125 |
|
Government of Union Territory of Daman & Diu |
37 |
1879 |
1916 |
1719 |
197 |
|
Government of Union Territory of Ladakh |
6 |
1047 |
1053 |
1044 |
9 |
|
Government of Union Territory of Lakshadweep |
2 |
1065 |
1067 |
1038 |
29 |
|
Government of Uttar Pradesh |
115976 |
1169750 |
1285726 |
1273452 |
12274 |
|
Government of Uttarakhand |
41131 |
70583 |
111714 |
108676 |
3038 |
|
Government of West Bengal |
46969 |
76347 |
123316 |
83402 |
39914 |
|
Total |
941717 |
3497842 |
4439559 |
4253716 |
185843 |
*Remaining 72,98,787 Grievances disposed during this period pertain to GOI.
This information was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Personnel, Public Grievances and Pensions, in a written reply in the Lok Sabha today.
***
NKR/PSM
(Release ID: 2117810) Visitor Counter : 68
Source: Hong Kong Government special administrative region
The Development Bureau (DEVB) today (April 2) invites the market to submit expressions of interest (EOIs) within three months for eco-tourism development proposals at ex-Lamma quarry site, South Lantau Eco-Recreation Corridor, and Pak Nai and Tsim Bei Tsui.
The Chief Executive announced in the 2024 Policy Address (PA) to promote island and coastal tourism in Hong Kong. Along with other initiatives to be spearheaded by the Culture, Sports and Tourism Bureau, the DEVB has been working on the land use and project planning aspects of three projects under large-scale land disposal, which are to develop the ex-Lamma quarry site into an area for resort and outdoor recreational uses; to develop Cheung Sha, Pui O, Shui Hau and Shek Pik into the South Lantau Eco-recreation Corridor; and to develop Tsim Bei Tsui and Pak Nai into eco-tourism nodes.
This is the first time in recent years that the Government has initiated large-scale land disposal for the building of new tourism and recreation areas. The Government is also striving to make full use of corporate participation and market forces in the implementation. All three projects are on islands or coastal destinations in rural settings with rich natural resources and water bodies. They all present opportunities for the Government to collaborate with the private sector in promoting tourism and recreational developments while capitalising on local and rural characteristics.
Ex-Lamma Quarry Site
The proposal to develop two Eco-tourism Nodes at Tsim Bei Tsui and Pak Nai was generally supported in the public engagement exercise on the Broad Land Use Concept Plan for the Lau Fau Shan area in 2024, with the former to be positioned as a “Thematic Activity Node” and the latter a “Tranquil Scenic Node”. This EOI exercise aims to collect market proposals based on the more detailed development parameters for these two Nodes the Government has formulated following the public engagement. On implementation, given the substantial sizes of the two Eco-tourism Nodes (87 hectares for Tsim Bei Tsui and 33 hectares for Pak Nai), the future developer(s) may develop and operate the whole or part(s) of the Tsim Bei Tsui Eco-tourism Node, the whole or part(s) of the Pak Nai Eco-tourism Node, or the whole or part(s) of both Eco-tourism Nodes. In other words, there can be more than one developer.(b) Ex-Lamma Quarry site (www.devb.gov.hk/en/issues_in_focus/index.html(c) South Lantau Eco-recreation Corridor (www.lantau.gov.hk/en/our-projects/leisure-and-recreation/eco-recreation-corridor/index.html
Interested parties must submit their EOIs by noon on July 2 (Wednesday).
The DEVB will hold three briefing sessions, one for each of the EOI invitations on April 14 (Monday). For details of the briefings, please refer to the respective Invitation Documents for the three EOIs.
Taking account of the views and suggestions received through the EOI exercises, the DEVB will suitably refine the development parameters and requirements for the three projects. The land tender arrangements and timings will be firmed up thereafter, with reference to the market feedback received.
Source: Government of India
Posted On: 02 APR 2025 4:27PM by PIB Delhi
Union Minister of State for Information & Broadcasting and Parliamentary Affairs, Dr. L. Murugan, met with the Minister of Culture, Arts & Heritage of Chile, H.E. Mrs. Carolina Arredondo, in New Delhi as part of Chile President Gabriel Boric Font’s five-day visit to India.
Union Minister of State Dr. L. Murugan Invites Chile to WAVES 2025
The Hon’ble Minister facilitated various discussions, especially regarding the upcoming World Audio Visual & Entertainment Summit (WAVES), slated to take place from 1st to 4th May, 2025. The Hon’ble Minister extended an invitation for the event and presented H.E. Mrs. Carolina Arredondo with a painting depicting Indian sculptures.
The meeting was also attended by members of the Chilean delegation, including Mr. Martín Gormaz, Third Secretary at the Embassy of Chile, along with Mr. Lakshmi Chandra, Under Secretary, Ministry of External Affairs, and Dr. Ajay Nagabhushan M.N., Joint Secretary (Films), Ministry of Information and Broadcasting.
Had an insightful meeting with H.E. Mrs. Carolina Arredondo, Hon’ble Minister of Culture, Arts & Heritage of #Chile.
Discussed avenues to strengthen India-Chile cultural cooperation, enhance collaborations in arts and heritage, and further deepen our bilateral tiesThe meeting… pic.twitter.com/XmjtnqjCww
— Dr.L.Murugan (@Murugan_MoS) April 1, 2025
Expanding India-Chile Cooperation
The President of the Republic of Chile, H.E. Mr. Gabriel Boric Font is on a State visit to India from 1st to 5th April, 2025, commemorating the completion of 76 years of diplomatic relations between the two countries. Apart from New Delhi, President Boric is set to visit Agra, Mumbai, and Bengaluru. This is the first visit of President Boric to India.
Hon’ble Prime Minister Shri Narendra Modi and President of the Republic of Chile, H.E. Mr. Gabriel Boric Font, during their discussions, agreed to initiate talks for a Comprehensive Economic Partnership Agreement, aiming to expand economic linkages between the two nations. They identified and discussed critical sectors such as minerals, energy, defence, space, and agriculture as areas with immense potential for collaboration.
Healthcare emerged as a promising avenue for closer ties, with the rising popularity of Yoga and Ayurveda in Chile serving as a testament to the cultural exchange between the two countries. The leaders also underscored the importance of deepening cultural and educational connections through student exchange programs and other initiatives.
****
Dharmendra Tewari/ Navin Sreejith
(Release ID: 2117807) Visitor Counter : 53
Source: Government of India
Posted On: 02 APR 2025 4:21PM by PIB Delhi
BHARATPOL Portal has been launched by Shri Amit Shah, Hon’ble Union Home Minister of India on 07.01.2025 and it has already started receiving requests for publication of INTERPOL Notices and requests for assistance in criminal matters through Interpol References from state/ central law enforcement agencies. All INTERPOL Liaison Officers (ILOs) of all state/ central law enforcement agencies are connected with CBI and all Unit Officers (UOs) of state/ central law enforcement agencies are connected with respective ILOs through connect module of BHARATPOL Portal. Login credentials of ILOs are being created by CBI.
Requests for assistance received from other member countries through INTERPOL Channels are being sent through Broadcast module to respective law enforcement agencies. BHARATPOL Portal has streamlined requests for publication of INTERPOL Notices and requests for assistance in criminal matters as such requests are being received on standardized format through INTERPOL Notices module and INTERPOL References module of the BHARATPOL Portal. Also, relevant documents of INTERPOL and capacity building resources have been uploaded on Resources module of BHARATPOL Portal which can be accessed by all ILOs/UOs (INTERPOL Liaison Officers/Unit Officers) of Law Enforcement Agencies.
District and local level law enforcement agencies are integrated through connect module of BHARATPOL Portal and they can send requests for publication of INTERPOL Notices and requests for assistance in criminal matters through their ILOs (INTERPOL Liaison officer).
The IPCU (INTERPOL Police Cooperation Unit) CBI has been imparting trainings to all ILOs/ UOs (INTERPOL Liaison Officers / Unit Officers) regarding BHARATPOL. Training was given to ILOs at CBI HQ on the day of launch of BHARATPOL on 07.01.2025. Thereafter, individualized trainings have been given in online mode to Andhra Pradesh Police, Delhi Police, Tripura Police, Telangana Police, Punjab Police, Assam Police. Further, CBI Academy also organized an online training program for all the Law Enforcement Agencies on 03.03.2025 on role of INTERPOL and International Cooperation and “BHARATPOL”.
This was stated by the Minister of State in the Ministry of Home Affairs Shri Nityanand Rai in a written reply to a question in the Rajya Sabha.
***
RK/VV/ASH/RR/PR/PS
(Release ID: 2117802) Visitor Counter : 58
Source: Government of India
Posted On: 02 APR 2025 4:39PM by PIB Delhi
Launching of fifth 25T Bollard Pull (BP) Tug Ojas was held on 31 Mar 25 at M/s TRSL, Kolkata in presence of Cmde Sanjay Kumar, President SSB, Kolkata as the Chief Guest.
These Tugs are a part of the contract for construction of six (06) 25T BP Tugs concluded with M/s Titagarh Rail Systems Limited (TRSL), Kolkata on 12 Nov 21. The Tugs have been indigenously designed and built in accordance with relevant Naval Rules and Regulation of Indian Register of Shipping (IRS). The Shipyard had successfully delivered four of these Tugs which are utilised by Indian Navy to provide assistance to Naval ships and submarines during berthing, un-berthing and manoeuvring in confined waters. The Tugs will also provide afloat firefighting support to ships alongside or at anchorage and will also have the capability to conduct limited Search and Rescue Operations.
These Tugs are proud flag bearers of Make in India and Aatmanirbhar Bharat initiatives of Government of India.
*****
VM/SKY
(Release ID: 2117821) Visitor Counter : 57
Source: Government of India
Posted On: 02 APR 2025 4:21PM by PIB Delhi
The details of the compensation, ex-gratia payments, and other benefits provided to the families of deceased Central Armed Police Forces (CAPFs) and Assam Rifles (AR) personnel are annexed.
The Government has increased financial assistance for the families of deceased CAPFs personnel time to time. The details of major last enhancement are as under: –
|
S.N. |
Particular |
Details of enhancement of financial assistance. |
|
|
From |
To |
||
|
1. |
Central Ex-gratia. |
|
|
|
|
(i) Death due to accidents in bonafide Government duty. |
Rs. 10 Lakhs |
Rs. 25 Lakhs |
|
|
(ii) Death occurring in border skirmishes and action against militants, terrorists, extremists, sea pirates and specified high altitude, inaccessible border posts, |
Rs. 15 Lakhs |
Rs. 35 Lakhs |
|
2. |
Death-cum-retirement gratuity (DCRG) (Maximum limit) |
Rs. 20 Lakhs |
Rs. 25 Lakhs |
|
3. |
Financial assistance from Bharat ke Veer Trust. |
Rs. 15 Lakhs |
Rs. 25 Lakhs |
|
4. |
Risk Fund. |
Rs. 20 Lakhs |
Rs. 30 Lakhs |
|
5. |
Central Armed Police Salary Package (CAPSP)- Accidental death insurance. |
Rs. 60 Lakhs |
Rs. 1.10 Cr. |
|
6. |
Medical Allowance. |
Rs. 500/- Per month. |
Rs. 1000/- Per month. |
|
7. |
Extraordinary family pension |
Rs. 7,000/- per month |
Rs. 18,000/- per month |
Year/Force wise details of CAPFs & AR personnel who laid down their lives in the line of duty during last five years are as under:-
|
Year/ Force |
2020 |
2021 |
2022 |
2023 |
2024 |
Grand Total |
|
CRPF |
26 |
12 |
10 |
6 |
12 |
66 |
|
BSF |
9 |
14 |
19 |
16 |
21 |
79 |
|
ITBP |
4 |
6 |
13 |
9 |
6 |
38 |
|
SSB |
1 |
0 |
1 |
0 |
0 |
2 |
|
CISF |
0 |
0 |
1 |
0 |
0 |
1 |
|
AR |
5 |
6 |
1 |
1 |
0 |
13 |
|
Total |
45 |
38 |
45 |
32 |
39 |
199 |
The following employment, education and health care benefits are also available for the dependents of deceased CAPFs & AR personnel:-
higher technical and professional education among the wards and widows of CAPF and Assam Rifles personnel, the scheme offers 2,000 scholarships annually (1,000 for boys and 1,000 for girls). The scholarship amounts are
₹3,000 per month for girls and ₹2,500 per month for boys, disbursed annually as ₹36,000 and ₹30,000, respectively.
personnel are entitled to receive medical facilities from CGHS/CPMF Hospitals or a medical allowance of ₹1000 per month.
*****
The Government of India has taken several welfare initiatives for the personnel of the Central Armed Police Forces (CAPFs) and their families. These initiatives encompass financial assistance, educational support, housing, and rehabilitation services.
This was stated by the Minister of State in the Ministry of Home Affairs Shri Nityanand Rai in a written reply to a question in the Rajya Sabha.
*****
RK/VV/ASH/RR/PR/PS
(Release ID: 2117803) Visitor Counter : 52
Source: US State of Hawaii
Posted on Apr 1, 2025 in Latest Department News, Newsroom
STATE OF HAWAIʻI
KA MOKU ʻĀINA O HAWAIʻI
DEPARTMENT OF THE ATTORNEY GENERAL
KA ʻOIHANA O KA LOIO KUHINA
JOSH GREEN, M.D.
GOVERNOR
KE KIAʻĀINA
ANNE LOPEZ
ATTORNEY GENERAL
LOIO KUHINA
ATTORNEY GENERAL ANNE LOPEZ WINS PRELIMINARY INJUCTION AGAINST TRUMP ADMINISTRATION FOR MASS FIRINGS OF FEDERAL PROBATIONARY EMPLOYEES
News Release 2025-47
FOR IMMEDIATE RELEASE
April 1, 2025
HONOLULU – Attorney General Anne Lopez and a coalition of 20 attorneys general have secured a preliminary injunction (PI) in a lawsuit against numerous federal agencies for the unlawful mass firing of federal probationary employees. The suit, Maryland et al. v. USDA, was filed in the United States District Court for Maryland.
The PI protects federal probationary employees who live or work in the plaintiff states and orders 20 federal agencies to reinstate unlawfully terminated probationary employees while the court case continues. The PI also requires those agencies to follow lawful procedures in conducting any future reductions in force.
“The granting of this injunction sends a clear message that the government must follow certain laws and regulations when it comes to firing and laying off federal employees,” said Attorney General Lopez. “The federal workers who live and work in Hawaiʻi should not be treated as disposable. These agencies and their employees provide a critical safety net through social assistance programs and through state and federal partnerships.”
On March 6, 2025, Attorney General Lopez joined the coalition in suing numerous federal agencies for causing irreparable injury to the plaintiff states, including Hawaiʻi. The lawsuit sought immediate relief, and a federal judge issued a temporary restraining order (TRO) on March 14, 2025, against 18 federal agencies. The court later extended that order by five days, setting an expiration date of April 1, which would have resulted in devastating impacts on the plaintiff states, as well as their probationary federal employees.
The PI extends the court’s earlier order requiring the federal agencies to stop the unlawful mass firings and to give those employees back their jobs while the attorneys general litigate the case against the agencies. The PI ensures that for the remainder of the case, the following federal agencies cannot continue their unlawful conduct:
| U.S. Department of Agriculture | U.S. Department of Transportation |
| U.S. Department of Commerce | U.S. Department of Treasury |
| U.S. Department of Defense | U.S. Department of Veterans Affairs |
| U.S. Department of Education | Consumer Financial Protection Bureau |
| U.S. Department of Energy | Environmental Protection Agency |
| U.S. Department of Health and Human Services | Federal Deposit Insurance Corporation |
| U.S. Department of Homeland Security | General Services Administration |
| U.S. Department of Housing and Urban Development | Office of Personnel Management |
| U.S. Department of Interior | Small Business Administration |
| U.S. Department of Labor | United States Agency for International Development |
The state of Hawaiʻi is represented in this litigation by Special Assistant to the Attorney General Dave Day and Solicitor General Kalikoʻonālani Fernandes.
Attorney General Lopez was joined by the attorneys general of Arizona, California, Colorado, Connecticut, Delaware, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, Wisconsin and the District of Columbia.
# # #
Media contacts:
Dave Day
Special Assistant to the Attorney General
Office: 808-586-1284
Email: [email protected]
Web: http://ag.hawaii.gov
Toni Schwartz
Public Information Officer
Hawai‘i Department of the Attorney General
Office: 808-586-1252
Cell: 808-379-9249
Email: [email protected]
Source: US State of Hawaii
Posted on Apr 1, 2025 in Latest Department News, Newsroom
STATE OF HAWAIʻI
KA MOKU ʻĀINA O HAWAIʻI
DEPARTMENT OF THE ATTORNEY GENERAL
KA ʻOIHANA O KA LOIO KUHINA
JOSH GREEN, M.D.
GOVERNOR
KE KIAʻĀINA
ANNE LOPEZ
ATTORNEY GENERAL
LOIO KUHINA
ATTORNEY GENERAL ANNE LOPEZ SUES HHS, SEC. ROBERT F. KENNEDY JR. TO OVERTURN PUBLIC HEALTH GRANT CUTS
News Release 2025-46
FOR IMMEDIATE RELEASE
April 1, 2025
HONOLULU – Attorney General Anne Lopez today joined a coalition of 23 states and the District of Columbia in filing a lawsuit against the U.S. Department of Health and Human Services and HHS Secretary Robert F. Kennedy, Jr., for abruptly and illegally terminating nearly $12 billion in critical public health grants to the states.
The grant terminations, which came with no warning or legally valid explanation, have quickly caused chaos for state health agencies that continue to rely on these critical funds for a wide range of urgent public health needs such as infectious disease management, fortifying emergency preparedness, providing mental health and substance abuse services, and modernizing public health infrastructure.
Hawai‘i stands to lose more than $89 million from these cancellations by HHS. The federal grants fund Hawai‘i Department of Health contracts for data infrastructure and modernization, community support services, substance abuse prevention services, public health staff, and capital improvements and equipment upgrades for state labs on Oʻahu and Kauaʻi. If the funding is not restored, many of these contracts may have to be terminated.
“The HHS cuts threaten the urgent public health needs of Hawaiʻi and other states around the country at a time when emerging disease threats—such as measles and bird flu—are on the rise,” Governor Josh Green warned.
Congress authorized and appropriated new and increased funding for these grants in COVID-19-related legislation to support critical public health needs. Many of these grants are from specific programs created by Congress, such as block grants to states for mental health and substance abuse and addiction services. Yet, with no legal authority or explanation, Secretary Kennedy’s HHS agencies on March 24 arbitrarily terminated these grants “for cause” effective immediately claiming that the pandemic is over and the grants are no longer necessary.
“Congress made wide-ranging public health investments that support and protect community health programs, prepare states for future health threats and fund local partnerships with community health providers,” said Attorney General Lopez. “Hawaiʻi relied upon the federal government’s legally binding obligations. Terminating hundreds of millions of dollars in in federal grants obligated to Hawaiʻi that have already been appropriated by Congress, without notice, is unlawful and harms our most vulnerable and underserved communities,” said Attorney General Lopez.
In its lawsuit filed in U.S. District Court in Rhode Island, the coalition of attorneys general assert that the mass terminations violate federal law because the end of the pandemic is not a “for cause” basis for ending the grants, especially since none of the appropriated funds are tied to the end of the pandemic which occurred more than a year ago. HHS’ position, up until a few days ago, was that the end of the pandemic did not affect the availability of these grant funds. Moreover, for some of the grants, termination “for cause” is not a permissible basis for termination, yet the federal government unlawfully terminated them.
With this lawsuit, Attorney General Lopez and the coalition are seeking a temporary restraining order to invalidate Secretary Kennedy’s and HHS’ mass grant terminations in the suing states, arguing that the actions violate the Administrative Procedure Act. The states are also asking the court to prevent HHS from maintaining or reinstating the terminations and any agency actions implementing them.
The state of Hawaiʻi is represented in this litigation by Special Assistant to the Attorney General Dave Day and Solicitor General Kalikoʻonālani Fernandes.
Attorney General Lopez is joined by the attorneys general from Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New Mexico, New York, Nevada, North Carolina, Oregon, Rhode Island, Washington, and Wisconsin, and the Governors of Kentucky and Pennsylvania.
# # #
Media contacts:
Dave Day
Special Assistant to the Attorney General
Office: 808-586-1284
Email: [email protected]
Web: http://ag.hawaii.gov
Toni Schwartz
Public Information Officer
Hawai‘i Department of the Attorney General
Office: 808-586-1252
Cell: 808-379-9249
Email: [email protected]
Source: US State of Hawaii
STATE OF HAWAIʻI
KA MOKU ʻĀINA O HAWAIʻI
JOSH GREEN, M.D.
GOVERNOR
KE KIAʻĀINA
GOVERNOR JOSH GREEN ANNOUNCES JUDICIAL APPOINTMENTS
FOR IMMEDIATE RELEASE
April 1, 2025
HONOLULU – Governor Josh Green, M.D., today announced his selections to fill three judicial vacancies. He has appointed Taryn R. T. Gifford and Karin L. Holma to the Circuit Court of the First Circuit. Gifford will fill the vacancy left by Judge Shanlyn A.S. Park and Holma will fill the anticipated vacancy of Judge Dean E. Ochiai this summer, pending Senate confirmation. These appointments follow Governor Green’s recent selection of Kauanoe A. D. Jackson to the Circuit Court of the Third Circuit (Hawaiʻi Island), marking a historic moment as all three of his latest judicial nominees are women. The nominees were selected from a list provided by the Judicial Selection Commission.
Taryn R. T. Gifford currently serves as supervising attorney in the Office of the Public Defender. She is a graduate of the William S. Richardson School of Law at the University of Hawaiʻi at Mānoa and has dedicated her legal career to ensuring fair representation for all individuals in the justice system.
District Judge Karin L. Holma serves in the District Court of the First Circuit and has been temporarily assigned as a Circuit Judge in the Circuit Court of the First Circuit. She is a graduate of the Willamette University College of Law and brings extensive experience in both trial and appellate law.
Recently, Governor Green also nominated Kauanoe A. D. Jackson to serve as a Circuit Court Judge in the Circuit Court of the Third Circuit for a 10-year term. Jackson, currently the supervising deputy prosecuting attorney in the Hawaiʻi County Office of the Prosecuting Attorney – West Hawaiʻi office, has served in progressively senior roles since joining the office in 2007.
Governor Green expressed confidence in his selections:
“Taryn Gifford and Karin Holma are highly accomplished legal professionals whose knowledge, experience, and dedication to justice will serve the people of Hawaiʻi well on the Intermediate Court of Appeals. Alongside Kauanoe Jackson’s nomination to the Circuit Court, these appointments underscore my commitment to selecting strong, fair-minded, and highly qualified individuals to serve in our courts. I am proud to nominate these three exceptional women to the bench.”
Taryn R. T. Gifford stated:
“I am truly honored and grateful for this nomination. Throughout my career, I have worked to ensure access to justice for all individuals and I look forward to bringing that commitment to my service on the Circuit Court of the First Circuit.”
Karin L. Holma shared:
“This is a privilege and I thank Governor Green for his trust in my ability to serve the people of Hawaiʻi. I am committed to upholding the rule of law with fairness and integrity.”
Previously, Kauanoe A. D. Jackson stated:
“I am deeply honored by Governor Green’s nomination and grateful for the opportunity to continue serving our community in this new capacity. I look forward to upholding justice with fairness, integrity and a steadfast commitment to the people of Hawai‘i Island.”
Governor Green’s judicial appointments now await Senate confirmation. If confirmed, the appointees will play a vital role in shaping Hawaiʻi’s judicial landscape for years to come.
A photo of Judicial nominee Tomasa can be found here.
A photo of Judicial nominee Holma can be found here.
A photo of Judicial nominee Jackson can be found here.
# # #
Media Contacts:
Erika Engle
Press Secretary
Office of the Governor, State of Hawai‘i
Office: 808-586-0120
Email: [email protected]
Makana McClellan
Director of Communications
Office of the Governor, State of Hawaiʻi
Cell: 808-265-0083
Email: [email protected]
Source: GlobeNewswire (MIL-OSI)
NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Marex Group plc (Nasdaq: MRX) (‘Marex’), the diversified global financial services platform, provides a Q1 trading update at its Investor Day, being held today at the Nasdaq Marketsite in New York City.
Marex reports a strong start to the year with positive momentum and supportive market conditions continuing through the first quarter of 2025. Client activity has remained strong across the platform with high levels of exchange volumes driven by volatility. Agency and Execution has benefited from strong performance in the Prime Services business and continued progress in the Energy business.
As a result, first quarter 2025 revenues are expected to be in a range of $449.3 to $464.3 million (Q1 2024: $365.8 million) and Adjusted Profit Before Tax2 in a range of $92.3 to $97.3 million (Q1 2024: $67.7 million).
Ian Lowitt, CEO, stated: “Very robust levels of client activity across our businesses and positive market conditions have continued into 2025 and led to a strong performance in the first quarter of the year, building on our performance in 2024. These benefits more than outweighed the impact of lower net interest income partly arising from the interest rate environment, compared to the fourth quarter of 2024. This demonstrates the successful execution of our strategy to diversify our business and deliver sustainable growth through a variety of market conditions by expanding our geographic footprint and product capabilities, increasing our relevance to a growing client base.”
Preliminary Q1 2025 results range
We have not yet completed our closing procedures for the three months ended March 31, 2025. The table below are certain estimated preliminary unaudited financial results for the three months ended March 31, 2025:
| 3 Months ended March 31, 20251 | 3 Months ended March 31, 2024 | |||
| Unaudited ($m) | Estimated Low | Estimated High | Actuals | |
| Revenue | 449.3 | 464.3 | 365.8 | |
| Reported Profit Before Tax | 94.4 | 102.1 | 58.9 | |
| Tax | 24.5 | 26.5 | 15.3 | |
| Reported Profit After Tax | 69.9 | 75.6 | 43.6 | |
| Adjusted Profit Before Tax2 | 92.3 | 97.3 | 67.7 | |
| Profit After Tax Margin | 16% | 16% | 12% | |
| Adjusted Profit Before Tax Margin2 | 21% | 21% | 19% | |
| Basic Earnings per Share ($)3 | 0.94 | 1.02 | 0.60 | |
| Diluted Earnings per Share ($)3 | 0.88 | 0.96 | 0.56 | |
| Adjusted Basic Earnings per Share ($)2,3 | 0.94 | 0.99 | 0.74 | |
| Adjusted Diluted Earnings per Share ($)2,3 | 0.88 | 0.93 | 0.69 | |
Investor Day
Marex is hosting an Investor Day today, April 2, 2025 starting at 9:30am E.T. The event will feature presentations from Marex’s business heads, to provide a greater understanding of Marex’s operations and growth strategy, as well as a question and answer session with senior leadership including Ian Lowitt, CEO, Rob Irvin, CFO and Paolo Tonucci, Chief Strategist and CEO Capital Markets.
An audio livestream of the event will be available under the ‘events and presentations’ section on ir.marex.com. The webcast will also be available for replay, after the completion of the event.
https://edge.media-server.com/mmc/p/qbimzrae/
About Marex Group:
Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The Group provides comprehensive breadth and depth of coverage across four core services: Clearing, Agency and Execution, Market Making and Hedging and Investment Solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. Headquartered in London with more than 40 offices worldwide, the Group has over 2,300 employees across Europe, Asia and the Americas. For more information visit www.marex.com.
Enquiries please contact:
Marex
Investors – Robert Coates
+44 7880 486 329 / rcoates@marex.com
Media – Nicola Ratchford, Marex / FTI Consulting US / UK
+ 44 7786 548 889 / nratchford@marex.com / +1 919 609 9423 / +44 7776 111 222 | marex@fticonsulting.com
Forward Looking Statements
This press release contains forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including expected outlook regarding Q1 2025 financial results. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions.
These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation: subdued commodity market activity or pricing levels; the effects of geopolitical events, terrorism and wars, such as the effect of Russia’s military action in Ukraine or the on-going conflicts in the Middle East, on market volatility, global macroeconomic conditions and commodity prices; changes in interest rate levels; the risk of our clients and their related financial institutions defaulting on their obligations to us; regulatory, reputational and financial risks as a result of our international operations; software or systems failure, loss or disruption of data or data security failures; an inability to adequately hedge our positions and limitations on our ability to modify contracts and the contractual protections that may be available to us in OTC derivatives transactions; market volatility, reputational risk and regulatory uncertainty related to commodity markets, equities, fixed income, foreign exchange; the impact of climate change and the transition to a lower carbon economy on supply chains and the size of the market for certain of our energy products; the impact of changes in judgments, estimates and assumptions made by management in the application of our accounting policies on our reported financial condition and results of operations; lack of sufficient financial liquidity; if we fail to comply with applicable law and regulation, we may be subject to enforcement or other action, forced to cease providing certain services or obliged to change the scope or nature of our operations; significant costs, including adverse impacts on our business, financial condition and results of operations, and expenses associated with compliance with relevant regulations; and if we fail to remediate the material weaknesses we identified in our internal control over financial reporting or prevent material weaknesses in the future, the accuracy and timing of our financial statements may be impacted, which could result in material misstatements in our financial statements or failure to meet our reporting obligations and subject us to potential delisting, regulatory investments or civil or criminal sanctions, and other risks discussed under the caption “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 filed with the Securities and Exchange Commission (the “SEC”) and our other reports filed with the SEC.
The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.
Appendix 1
Non-IFRS Financial Measures and Key Performance Indicators
In addition to our results determined in accordance with IFRS Accounting Standards (IFRS), we believe the following non-IFRS measures provide useful information both to management and investors in measuring our financial performance for the reasons outlined below. These measures may not be comparable to similarly titled measures presented by other companies, and they should not be construed as an alternative to other financial measures determined in accordance with IFRS. The Group changed the labelling of its non-IFRS measures during 2024 to simplify the naming to better align to the equivalent IFRS reported metric for better understanding and communication and enhance transparency and comparability.
Adjusted Profit Before Tax (formerly labelled Adjusted Operating Profit)
We define Adjusted Profit Before Tax as profit after tax adjusted for (i) taxation charge (ii) acquisition costs, (iii) bargain purchase gains, (iv) owner fees, (v) amortisation of acquired brands and customer lists, (vi) activities in relation to shareholders, and (vii) IPO preparation costs. Items (i) to (vii) are referred to as “Adjusting Items.” Adjusted Profit Before Tax is an important measure used by our management to evaluate and understand our underlying operations and business trends, forecast future results and determine future capital investment allocations. Adjusted Profit Before Tax is the measure used by our executive board to assess the financial performance of our business in relation to our trading performance and hence it is our segments performance measure presented under IFRS Accounting Standards. Adjusted Profit Before Tax is also presented on a consolidated basis because our management believes it is important to consider our profitability on a basis consistent with that of our operating segments. When presented on a consolidated basis, Adjusted Profit Before Tax is a non-IFRS measure. The most directly comparable IFRS measure is profit after tax.
Adjusted Profit Before Tax Margin (formerly labelled Adjusted Operating Profit Margin)
We define Adjusted Profit Before Tax Margin as Adjusted Profit Before Tax (as defined above) divided by revenue. We believe that Adjusted Profit Before Tax Margin is a useful measure as it allows management to assess the profitability of our business in relation to revenue. The most directly comparable IFRS Accounting Standards measure is profit margin, which is profit after tax divided by revenue.
Adjusted Profit After Tax Attributable to Common Equity (formerly labelled Adjusted Operating Profit after Tax Attributable to Common Equity)
We define Adjusted Profit After Tax Attributable to Common Equity as profit after tax adjusted for the items outlined in the Adjusted Profit Before Tax paragraph above. Additionally, Adjusted Profit After Tax Attributable to Common Equity is also adjusted for (i) tax and the tax effect of the Adjusting Items to calculate Adjusted Profit Before Tax and (ii) profit attributable to AT1 note holders, which is the coupons on the AT1 issuance and accounted for as dividends adjusted for the tax benefit of the coupons. Common equity is a non-IFRS measure and we define Common Equity as being the equity belonging to the holders of the Group’s share capital.
Adjusted Basic Earnings per Share and Adjusted Diluted Earnings per Share
Adjusted Basic Earnings per Share is defined as the Adjusted Profit After Tax Attributable to Common Equity for the period divided by weighted average number of ordinary shares for the period. We believe Adjusted Basic Earnings per Share is a useful measure as it allows management to assess the profitability of our business per share. The most directly comparable IFRS metric is basic earnings per share. This metric has been designed to highlight the Adjusted Profit After Tax Attributable to Common Equity over the available share capital of the Group. Adjusted Diluted Earnings per Share is defined as the Adjusted Profit After Tax Attributable to Common Equity for the period divided by the diluted weighted average shares for the period. We believe Adjusted Diluted Earnings per Share is a useful measure as it allows management to assess the profitability of our business per share on a diluted basis. Dilution is calculated in the same way as it has been for diluted earnings per share. The most directly comparable IFRS metric is diluted earnings per share.
Reconciliation
The following table reconciles: (1) Adjusted Profit Before Tax and Adjusted Profit after Tax Attributable to Common Equity from the most directly comparable IFRS Accounting Standards measure, which is profit after tax, (2) Adjusted Profit Before Tax Margin from the most directly comparable IFRS Accounting Standards measure, which is profit margin (which is profit after tax divided by revenue), (3) Adjusted Basic Earnings per Share from the most directly comparable IFRS measure, which is basic earnings per share, and (4) Adjusted Diluted Earnings per Share from the most directly comparable IFRS measure, which is diluted earnings per share, in each case, for the periods presented below.
Reconciliation of Non-IFRS Financial Measures and Key Performance Indicators:
| 3 months ended March 31, 2025 | 3 months ended March 31, 2025 | 3 months ended March 31, 2024 | |||
| Estimated Low | Estimated High | Actuals | |||
| $m | $m | $m | |||
| Profit After Tax | 69.9 | 75.6 | 43.6 | ||
| Taxation charge | 24.5 | 26.5 | 15.3 | ||
| Profit Before Tax | 94.4 | 102.1 | 58.9 | ||
| Bargain purchase gains1 | (3.4) | (6.1) | — | ||
| Acquisition costs2 | — | — | 0.2 | ||
| Amortisation of acquired brands and customer lists3 | 1.3 | 1.3 | 0.8 | ||
| Activities relating to shareholders4 | — | — | 2.4 | ||
| Owner fees5 | — | — | 1.7 | ||
| IPO preparation costs6 | — | — | 3.7 | ||
| Adjusted Profit Before Tax | 92.3 | 97.3 | 67.7 | ||
| Tax and the tax effect on the Adjusting Items7 | (22.8) | (24.1) | (15.5) | ||
| Profit attributable to AT1 note holders8 | (3.3) | (3.3) | (3.3) | ||
| Adjusted Profit after Tax Attributable to Common Equity | 66.2 | 69.9 | 48.9 | ||
| Profit After Tax Margin | 16% | 16% | 12% | ||
| Adjusted Profit Before Tax Margin9 | 21% | 21% | 19% | ||
| Basic Earnings per Share ($)10 | 0.94 | 1.02 | 0.60 | ||
| Diluted Earnings per Share ($)11 | 0.88 | 0.96 | 0.56 | ||
| Adjusted Basic Earnings per Share($)10 | 0.94 | 0.99 | 0.74 | ||
| Adjusted Diluted Earnings per Share ($)11 | 0.88 | 0.93 | 0.69 | ||
Source: Samsung
The struggle of sleepless summer nights is finally over. Samsung, India’s leading consumer electronics brand, is redefining home cooling with its latest innovation – ‘Customized Cooling’. This first-of-its-kind feature synchronizes Samsung Smart Air Conditioners with WWST (Works with SmartThings) certified fans and switches, delivering uninterrupted comfort while optimizing energy efficiency.
Why Do We Wake Up Tired? The Science Behind Sleep & Cooling
India’s electricity demand is growing at 6-7% annually, driven in part by increased use of air conditioners during the summer months (IEA Report). Despite this, many households still rely on both air conditioners and fans for comfort.
In fact, Samsung’s consumer experience study reveals that most of the Indian homes have at least three fans, highlighting the significant role these devices play in daily life. Moreover 50% of Indian consumer’s use both simultaneously, frequently adjusting settings throughout the night by turning the AC off when it becomes too cold or back on when the room warms up.
This constant adjustment not only disrupts sleep but also leads to higher energy consumption and discomfort. Recognizing this challenge, Samsung has introduced ‘Customized Cooling’, a SmartThings-powered solution in the 2025 Bespoke AI range of Air conditioners that automatically maintains a consistently comfortable temperature throughout the night – and even during the day – without the need for manual adjustments.
This seamless integration synchronizes Samsung Smart ACs with SmartThings-certified fans and switches, ensuring enhanced comfort along with reduced electricity bills.
“At Samsung, we believe true comfort goes beyond cooling – it’s about intelligent, personalized experiences that adapt to the user’s needs. Indian consumers often rely on a combination of ACs and fans to stay comfortable, especially at night. With Customized Cooling, we are eliminating the hassle of frequent adjustments by seamlessly operating the 2025 Bespoke AI range of ACs with SmartThings-certified fans and switches. This brings peace of mind, energy efficiency, and uninterrupted rest,” said Ghufran Alam, Vice President, Digital Appliances, Samsung India.
Moreover, while the feature is designed to optimize sleep, it’s equally useful for staying comfortable throughout the day without compromising comfort or energy savings, he further added.
Smart, Energy-Efficient, and Sustainable
The ‘Customized Cooling’ feature eliminates the need for manual adjustments, ensuring a balanced and restful night’s sleep. It automatically adapts to surrounding environment, adjusts fan and AC settings in sync, to maintain a comfortable room environment during sleep or any time of day, while reducing power consumption.
Available within SmartThings Energy Service, the ‘Customized Cooling’ feature ensures both comfort and sustainability. The feature is compatible with WWST-certified smart fans and smart switches, allowing users to integrate it effortlessly into their smart homes.
With this integrated SmartThings experience, Samsung is transforming how consumers experience home cooling. Whether it is ensuring comfortable sleep or providing smart comfort effortless during the day, the tug-of-war between AC and fan settings is finally over – because when technology works for you, comfort comes easy!
About SmartThings
SmartThings is a leading provider of smart home solutions, dedicated to making your life easier, more comfortable, and more sustainable. Our innovative products and services empower you to take control of your home environment, optimize energy usage, and create a smarter, more connected living space.
Source: Hong Kong Information Services
Chief Executive John Lee today met Governor of Jiangxi Province Ye Jianchun at Government House to discuss strengthening Hong Kong’s co-operation with Jiangxi.
After welcoming Mr Ye and his delegation to Hong Kong, Mr Lee noted that Hong Kong and Jiangxi have been maintaining close economic and trade relations, and the co-operation activities held by Jiangxi since 2002 have been a significant platform for exchange and collaboration between the two places.
Hong Kong is Jiangxi’s largest source of external investment and an important trading partner, with the total value of imports and exports between the two places exceeding US$9.4 billion last year, Mr Lee highlighted.
He also emphasised that Hong Kong serves as a main capital market for Jiangxi enterprises listed outside of the Mainland.
Mr Lee said that this year marks the 60th anniversary of Dongjiang’s water supply to Hong Kong. Jiangxi, as the source of Dongjiang River, has been providing a vital water supply to the city over the past six decades.
He thanked Jiangxi Province for its long-standing efforts in ensuring the safety and cleanliness of the Dongjiang water source, which has been crucial to Hong Kong’s prosperity and development.
The Chief Executive noted that apart from being a key link in the Belt & Road Initiative and a Greater Bay Area core city, Hong Kong has the distinctive advantages of enjoying the motherland’s strong support and being closely connected to the world under the “one country, two systems” principle.
He added that Hong Kong will give full play to its roles as a “super connector” and a “super value-adder” to serve Jiangxi in expanding international markets.
Secretary for Constitutional & Mainland Affairs Erick Tsang and Director of the Chief Executive’s Office Carol Yip also attended the meeting.
Source: GlobeNewswire (MIL-OSI)
CHICAGO and MILWAUKEE and NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below.
| ETF Ticker1 |
ETF Name | Distribution Frequency |
Distribution per Share |
Distribution Rate2,4 |
30-Day SEC Yield3 |
ROC5 | Ex-Date & Record Date |
Payment Date |
|
| GPTY | YieldMax™ AI & Tech Portfolio Option Income ETF | Weekly | $0.2668 | 34.84% | 0.00% | 100.00% | 4/3/25 | 4/4/25 | |
| LFGY | YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF | Weekly | $0.4189 | 60.57% | 0.00% | 100.00% | 4/3/25 | 4/4/25 | |
| QDTY | YieldMax™ Nasdaq 100 0DTE Covered Call ETF | Weekly | $0.2638 | 31.00% | 0.00% | 37.26% | 4/3/25 | 4/4/25 | |
| RDTY | YieldMax™ R2000 0DTE Covered Call ETF | Weekly | $0.3351 | 36.44% | 0.00% | 78.96% | 4/3/25 | 4/4/25 | |
| SDTY | YieldMax™ S&P 500 0DTE Covered Call ETF | Weekly | $0.2723 | 31.10% | 0.00% | 65.95% | 4/3/25 | 4/4/25 | |
| ULTY | YieldMax™ Ultra Option Income Strategy ETF | Weekly | $0.0916 | 77.62% | 2.21% | 97.00% | 4/3/25 | 4/4/25 | |
| YMAG | YieldMax™ Magnificent 7 Fund of Option Income ETFs | Weekly | $0.0971 | 33.26% | 69.89% | 28.54% | 4/3/25 | 4/4/25 | |
| YMAX | YieldMax™ Universe Fund of Option Income ETFs | Weekly | $0.1781 | 68.44% | 96.57% | 0.00% | 4/3/25 | 4/4/25 | |
| ABNY | YieldMax™ ABNB Option Income Strategy ETF | Every 4 Weeks | $0.3665 | 37.87% | 3.62% | 0.00% | 4/3/25 | 4/4/25 | |
| AMDY | YieldMax™ AMD Option Income Strategy ETF | Every 4 Weeks | $0.2765 | 45.13% | 2.97% | 93.13% | 4/3/25 | 4/4/25 | |
| CONY | YieldMax™ COIN Option Income Strategy ETF | Every 4 Weeks | $0.4381 | 73.33% | 4.42% | 94.62% | 4/3/25 | 4/4/25 | |
| CVNY | YieldMax™ CVNA Option Income Strategy ETF | Every 4 Weeks | $2.9684 | 100.49% | 2.44% | 99.08% | 4/3/25 | 4/4/25 | |
| FIAT | YieldMax™ Short COIN Option Income Strategy ETF | Every 4 Weeks | $0.9240 | 127.21% | 1.73% | 98.90% | 4/3/25 | 4/4/25 | |
| MSFO | YieldMax™ MSFT Option Income Strategy ETF | Every 4 Weeks | $0.3337 | 27.09% | 3.75% | 0.00% | 4/3/25 | 4/4/25 | |
| NFLY | YieldMax™ NFLX Option Income Strategy ETF | Every 4 Weeks | $0.6020 | 46.77% | 3.58% | 59.10% | 4/3/25 | 4/4/25 | |
| PYPY | YieldMax™ PYPL Option Income Strategy ETF | Every 4 Weeks | $0.3521 | 34.34% | 4.19% | 0.00% | 4/3/25 | 4/4/25 | |
| Weekly Payers & Group D ETFs scheduled for next week: GPTY LFGY QDTY RDTY SDTY ULTY YMAG YMAX AIYY AMZY APLY DISO MSTY SMCY XYZY YQQQ | |||||||||
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.
Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”
Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.
Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).
| 1 | All YieldMax™ ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, YMAG and FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026. |
| 2 | The Distribution Rate shown is as of close on April 1, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future. |
| 3 | The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended March 31, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period. |
| 4 | Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF. |
| 5 | ROC refers to Return of Capital. The ROC percentage is the portion of the distribution that represents an investor’s original investment. |
Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.
Standardized Performance
For YMAX, click here. For YMAG, click here. For TSLY, click here. For OARK, click here. For APLY, click here. For NVDY, click here. For AMZY, click here. For FBY, click here. For GOOY, click here. For NFLY, click here. For CONY, click here. For MSFO, click here. For DISO, click here. For XOMO, click here. For JPMO, click here. For AMDY, click here. For PYPY, click here. For XYZY, click here. For MRNY, click here. For AIYY, click here. For MSTY, click here. For ULTY, click here. For YBIT, click here. For CRSH, click here. For GDXY, click here. For SNOY, click here. For ABNY, click here. For FIAT, click here. For DIPS, click here. For BABO, click here. For YQQQ, click here. For TSMY, click here. For SMCY, click here. For PLTY, click here. For BIGY, click here. For SOXY, click here. For MARO, click here. For FEAT, click here. For FIVY, click here. For LFGY, click here. For GPTY, click here. For CVNY, click here. For SDTY, click here. For QDTY, click here. For WNTR, click here.
Important Information
This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.
Tidal Financial Group is the adviser for all YieldMax™ ETFs.
THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.
Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)
YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.
Investing involves risk. Principal loss is possible.
Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.
Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.
Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.
Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.
Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.
Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.
Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.
Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.
High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.
Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.
Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.
Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.
Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.
Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.
Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.
Risk Disclosures (applicable only to GPTY)
Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.
Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.
Risk Disclosure (applicable only to MARO)
Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.
Risk Disclosures (applicable only to BABO and TSMY)
Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.
Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.
Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.
Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.
Risk Disclosures (applicable only to GDXY)
Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.
Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.
The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.
Risk Disclosures (applicable only to YBIT)
YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.
Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.
Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.
Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.
Risk Disclosures (applicable only to the Short ETFs)
Investing involves risk. Principal loss is possible.
Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.
Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.
Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.
Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.
Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.
Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.
Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.
High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.
Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.
Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.
Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.
Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.
Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.
Risk Disclosures (applicable only to YQQQ)
Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.
Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.
Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.
YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax™ ETFs.
© 2025 YieldMax™ ETFs
Source: GlobeNewswire (MIL-OSI)
VANCOUVER, B.C, April 02, 2025 (GLOBE NEWSWIRE) — BGX – Black Gold Exploration Corp. (the “Company” or “BGX) (CSE: BGX) (FRE: P30) is pleased to announce that drilling at the Fritz 2-30 oil and gas well (the “Well”) in Clay County, Indiana, has been completed (the “Drill Program”). BGX holds a 10% working interest in the Well and an option to participate in any offset developmental wells drilled within a 210-acre area of mutual interest surrounding the Well (the “AMI”) from LGX Energy Corp (“LGX”).
MULTIPLE PAY ZONES DISCOVERED
The Drill Program set out to test potential pay zones based on geological features identified by 3D seismic analysis. There were multiple zones with suspected high porosity and LGX has now confirmed multiple pay zones in the Carper Sand and Devonian formations. All these horizons are above 1,900 feet of total depth.
“These results confirm the accuracy of our analysis of the 3D seismic and other data we have compiled. We are very happy with the results of this drill program and believe there continues to be even more untapped value in this oil field,” commented Howard Crosby, CEO of LGX.
POTENTIAL FOR SEVERAL OFFSET WELLS
Through the Drill Program, it was also determined that based on these initial results, there is the potential for several more offset wells based on this discovery well. This would include additional Carper Sand wells and multiple Devonian well locations.
“We are thrilled with the results of the Drill Program. Not only did we uncover multiple pay zones, but we now anticipate the potential for several more offset wells,” stated Francisco Gulisano, Chief Executive Officer of BGX.
PATH TO PRODUCTION AND CONTINUED GROWTH
The Drill Program showed that the Well can be completed and turned into a producing well within the next 30 to 60 days. The Company is now working with LGX to complete the Well and commence extraction. Within the coming weeks, the operator for LGX will perform a swab test and flow test to assess the Well’s productivity and reservoir characteristics. Based on the results of these tests, the Company expects to be able to estimate production from the Well and further details regarding plans for offset wells.
“I am very happy to be able to report to our shareholders that our strategy in the Illinois Basin has paid off. Not only do we have the potential to start producing cash flow for the Company as early as next quarter, but it appears the Fritz Well may be just the beginning of a lucrative partnership with LGX,” added Mr. Gulisano.
GROWING AWARENESS
BGX’s rapid growth in the Illinois Basin has started attracting attention. The Company is pleased to share one such article from an arm’s length third-party: https://rb.gy/3yqkal
On behalf of the Company,
Francisco Gulisano
236-266-5174
Chief Executive Officer
About BGX
BGX – Black Gold Exploration Corp. (CSE: BGX) (FRE: P30) is an oil and gas exploration company dedicated to creating shareholder value through the acquisition, exploration and development of oil and gas projects. BGX currently has assets in Argentina and the United States of America. For more information visit https://www.bgxcorp.com.
Forward-Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans, and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. It should be noted that there are inherent risks and uncertainties in oil and gas exploration. Forward- looking statements in this news release include, but are not limited to statements respecting: (i) the confirmation of pay zones in the Carper Sand and Devonian formations; (ii) Howard Crosby’s statement that there is more untapped value in this oil field; (iii) there being potential for several more offset wells in; (iv) the timing for turning the Well into a producing well; (v) performance of the swab test and flow test on the Well and the implication of same for the Company and its plans; (vi) the Company’s potential to start producing as early as next quarter; and (vii) the Well being beginning of a lucrative partnership with LGX. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements, or otherwise. For a comprehensive overview of all risks that may impact the Company, please see the Company’s continuous disclosure documents filed on SEDAR+.
Neither the CSE nor the CSE’s Regulation Services Provider (as that term is defined in the policies of the CSE) accept responsibility for the accuracy of this release.
Source: Republic of Taiwan – Ministry of Foreign Affairs
March 31, 2025
Japan’s Minister of Defense Gen Nakatani met with US Secretary of Defense Pete Hegseth on March 30 in Tokyo. During the meeting, they expressed concern over China’s military activities around Taiwan and reiterated opposition to China’s attempts to unilaterally change the status quo by force or coercion in the East and South China Seas. Underscoring the importance of maintaining cross-strait peace and stability, the two sides stressed that they would bolster cooperation with regional partners Australia, the Republic of Korea, and the Philippines to realize a free and open Indo-Pacific.
This was the first meeting of the defense chiefs of the United States and Japan since Secretary Hegseth took office. Coming on the heels of the February Japan-US summit, the meeting saw the two countries reiterate the importance they attached to cross-strait issues, highlighting the high degree of consensus in the global democratic camp for cross-strait peace. It was also further evidence that peace and stability across the Taiwan Strait are indispensable to the promotion of a free and open Indo-Pacific.
Minister of Foreign Affairs Lin Chia-lung affirms and welcomes the continued expression of staunch support for cross-strait peace and stability by Japan and the United States at important international venues, as well as the two sides’ concern for China’s challenge to the global order. Minister Lin also stresses that Taiwan will abide by the spirit of integrated diplomacy and continue to cooperate closely with like-minded countries to uphold democracy and universal values, develop democratic non-red supply chains, and promote peace, stability, and prosperity across the Taiwan Strait and in the Indo-Pacific region.
Source: Republic of Taiwan – Ministry of Foreign Affairs
March 31, 2025
Chief Adviser of the interim government of the People’s Republic of Bangladesh Muhammad Yunus met with Chinese leader Xi Jinping during a visit to Beijing from March 27 to 29. The two sides issued a joint statement on March 28 that made spurious claims in referring to the so-called “one China principle” and to Taiwan being an inalienable part of China’s territory. The Ministry of Foreign Affairs (MOFA) solemnly refutes these claims.
MOFA reiterates that the Republic of China (Taiwan) is an independent and sovereign country; that neither the ROC (Taiwan) nor the People’s Republic of China is subordinate to the other; and that no claim seeking to distort Taiwan’s sovereign status can alter the internationally recognized status quo across the Taiwan Strait. The government of Taiwan will staunchly safeguard national sovereignty and dignity and work with friendly and like-minded countries to protect the values of freedom and democracy and ensure regional peace, stability, and development.
MOFA calls on Bangladesh to adopt an open and pragmatic stance; strengthen economic and trade cooperation and substantive relations across all domains with Taiwan; and proactively contribute to democracy, peace, and prosperity in the Indo-Pacific region.
Source: Republic of Taiwan – Ministry of Foreign Affairs
April 1, 2025
No. 086
The Chinese People’s Liberation Army Eastern Theater Command launched joint military drills around Taiwan on April 1, under the pretext of serving as “a stern warning to and powerful deterrent against separatist forces agitating for Taiwan independence.” This marked a renewed challenge to the rules-based international order and a serious unilateral attempt to jeopardize peace and stability across the Taiwan Strait and the region. The Ministry of Foreign Affairs (MOFA) strongly denounces China and urges it to immediately halt unwarranted military provocations.
China has recently conducted military intimidation and maritime gray-zone operations near New Zealand and Australia, in the South China Sea, and near the Republic of Korea, Japan, the Philippines, and Taiwan. Its relentless actions aimed at challenging the international order and undermining the regional status quo demonstrate incontrovertibly that China is a destabilizing force in the region and beyond.
Maintaining peace and stability across the Taiwan Strait is a matter of international consensus and serves the interests of all parties. However, China intractably continues to conduct military drills to intimidate Taiwan and neighboring countries, unilaterally seeking to alter the cross-strait and regional status quo. Such actions seriously undermine peace, stability, and security in the Indo-Pacific and do not serve to improve its international image. MOFA calls on China to stop such behavior and return to norms.
As a responsible member of the global community, Taiwan will work in concert with like-minded nations to jointly safeguard global and regional peace, stability, prosperity, and development. (E)
Source: Hong Kong Information Services
The Government today launched a public consultation on the proposed regulation of basketball betting activities.
According to the Hong Kong Jockey Club’s (HKJC) latest assessment, the turnover of illegal basketball betting reached $70 billion to $90 billion in 2024. To combat illegal betting activities in an effective manner, the Government announced in the 2025-26 Budget that it will explore regulating basketball betting activities.
The Government proposes establishing a regulatory regime for basketball betting by modelling on the existing regime for football betting.
Through amending the Betting Duty Ordinance, the Secretary for Home & Youth Affairs will be granted the power to issue a licence for basketball betting to the HKJC and impose licensing conditions to minimise the negative impact of gambling on the public, especially on young people.
As for the major licensing conditions, it is proposed that a fixed duration shall be set on the licensing period, and that the Government shall impose restrictions on the number of bet types and classes of competitions.
In an effort to promote a betting-free and healthy environment for the sport in the city, other licensing conditions state that the licensed operator shall not accept bets on basketball matches involving Hong Kong teams and/or matches that take place in Hong Kong.
Additionally, the licensed operator should not accept bets from juveniles and it must not accept credit betting.
On top of that, the licensed operator shall display notices reminding the public of the seriousness of the problems caused by excessive gambling, and provide information on the services available for those with a gambling disorder.
The consultation document is available on the Home & Youth Affairs Bureau website.
Views can be sent by email, faxed to 2591 6002 or posted to 13/F, West Wing, Central Government Offices, 2 Tim Mei Avenue, Tamar, Hong Kong by May 2, 2025.
Furthermore, following a consultation with the Betting & Lotteries Commission, the Government has decided to renew the licence for football betting of the HKJC Football Betting for five years from July 18, 2025. The existing conditions will remain largely the same.