NewzIntel.com

Category: Asia

  • MIL-OSI Economics: Group CTO Tatsuo Ogawa: Beyond Reform—Technology Future Vision’s Progress and Direction for the Next Generation

    Source: Panasonic

    Headline: Group CTO Tatsuo Ogawa: Beyond Reform—Technology Future Vision’s Progress and Direction for the Next Generation

    The Panasonic Group is implementing extensive management reform, but which direction is technology pointing us in? What sort of future is taking shape before our eyes in this era of transformation? To explore the heart of the matter, we spoke with Tatsuo Ogawa, Executive Officer of Panasonic Holdings Corporation and Group CTO overseeing technology strategy.

    One year later: Three concepts and an unshakable commitment

    We unveiled our Technology Future Vision in July 2024. Since then we’ve received a remarkable amount of internal and external feedback. The support we’ve received, and the specific discussions relating to possible collaboration, have been very encouraging. We see many exciting challenges ahead as we work to realize the vision. The future it embodies remains the same, and we continue to create new technology and businesses as we map out our unique path and push forward.
    In particular, the three core concepts of energy and resources, nurturing a sense of fulfillment, and co-caring are vital guiding principles, as we integrate Panasonic technologies to achieve our overall goal of enhancing quality of life for everyone. We are pressing forward with research and development, so I would like to take this opportunity to update you on the progress we are making in multiple directions.

    1. Toward a society where energy and resources flow: Tackling the hard challenges of the global environment

    We are boldly tackling global environmental challenges through a wide range of R&D initiatives centered on the Green Transformation and Manufacturing Innovation Divisions.

    Perovskite solar cells

    These glass panels can generate energy where conventional solar panels cannot, for example as windows in dense urban areas. We already have a pilot manufacturing line producing near-commercial-size construction elements (1.0 m × 1.8 m). Our industrial inkjet printing system used to produce these panels is so advanced that it received the prestigious Okochi Memorial Technology Prize. Our goal is to integrate renewable energy generation into everyday urban infrastructure for better energy self-sufficiency and greater resilience in case of disasters.

    A Perovskite panel on display at Osaka’s Expo 2025 demonstrates the design potential this technology offers.

    Novitek Bio-CO₂ Transformation technology

    This biostimulant technology promotes plant growth by harnessing the power of photosynthesis, and represents an important step toward turning CO2 into a valuable resource. Field trials are underway in collaboration with Sumitomo Chemical Company, Limited, and Novitek is showing promise as a driver of sustainable agriculture with higher productivity and lower environmental impact.

    kinari (plant-derived cellulose fiber resin composite)

    Panasonic has developed moldable materials that are fully biodegradable in marine environments. It achieved this by taking its proprietary technology for blending high concentrations of plant-based cellulose fibers into resins and applying it to marine-biodegradable, plant-derived resins. In April 2025, Panasonic received the Ichimura Prize in Industry against Global Warming for this and related technologies.

    Tracephere traceability technology

    This technology uses the blockchain to make resource recycling and reuse transparent and trustworthy. It can bring us closer to realizing the circular economy by encouraging the use of recycled materials and preventing illegal dumping.

    Design for Circular Economy (DfCE)

    This initiative aims to drive the transition to a circular economy by designing products with ease of disassembly and recycling in mind. The effort is based on the MI Division’s perspective of maintaining and regenerating value in manufacturing, and will extend product lifespans and reduce waste.

    We also want to expand the positive impacts our activities are having on the environment in FY2025. Efforts in this direction are critically important, not only to halt but reverse biodiversity loss. To this end, we are investing resources in activities that directly support natural capital restoration. An example is our promotion of Nature Symbiosis Site research in areas where biodiversity is already being actively protected by companies, local government, NGOs, and others. These sites are part of Japan’s strategy to meet the global “30 by 30” goal of conserving at least 30% of land and sea by 2030. Another example would be conserving and regenerating blue carbon ecosystems by applying robotics and IoT technologies in collaboration with seaweed aquaculture startups. To ensure transparency and demonstrate our commitment to the environment, we are TCFD* disclosure-compliant and are working to meet TNFD** standards.
    * TCFD: Task Force on Climate-related Financial Disclosures. This organization promotes disclosure by enterprises and other entities of information relating to their climate change-related activities and policies, and how these relate to their financial posture.
    ** TNFD: Taskforce on Nature-related Financial Disclosures. An international organization founded to structure frameworks for corporate risk management relating to natural capital, and for related disclosure.

    2. Toward a society of fulfillment: Creating meaningful time

    We want our technology to help every member of society find fulfillment in their work and daily activities, and be able to have more meaningful, quality time. At the heart of this concept are initiatives from the Digital Transformation & Cyber-Physical Systems Division.

    With digital collection and analysis of data from frontline environments like manufacturing sites, and by providing optimized feedback, we are working to boost operational efficiency and quality and create safer, more secure working environments. We plan to evolve beyond straightforward Kaizen toward Gemba CPS 2.0, a next-generation approach where we reimagine business processes ourselves from the design stage.
    We are also developing systems that provide direct support to keep workers safe and enhance their productivity. One of these is Reliable/Safe Operation Support, which helps users prevent work-related accidents.

    3. Toward a society of co-caring: Caring for self and others

    The third concept is a society where a harmonious state of mind and body encourages co-caring relationships with the people around us. The key to realizing this society is technology that deepens Human Insight.

    Verification test environment for time value enhancement of travel experience

    Human Insight technology

    This uses advanced sensing to collect a wide range, not only of biometric data like heart rate, respiration, and physical movements, but also of behavioral data. It then applies AI to model the individual’s physical and mental condition and characteristics, and even aspects of interactions with others. Then, by stimulating the five senses through environmental parameters including light, sound, scent, and temperature sensations, it aims to guide the individual toward an enhanced state of well-being.

    We are developing technologies that use heart rate to identify different types of stress, score a subject’s degree of meditative depth and provide constructive feedback, apply measured levels of concentration to the improvement of work environments, and other applications. We are also exploring unique research topics. Biophilic Hi-Res Sound enhances relaxation through wide-band audio and can strengthen brainwaves associated with relaxation. Therapeutic Sound promotes mental and physical well-being using sound with inaudible components, and can reduce stress levels during cognitive tasks.
    These technologies are undergoing development and field testing in a range of settings and realistic use cases. The success of this work will enhance physical and mental well-being and help people realize more creative, fulfilling lives.

    Cell therapy solutions

    Regenerative medicine is a key area of focus. Treatments that utilize the patient’s own cells and iPS cells offer great promise. Nevertheless, cell manufacturing remains inefficient, labor-intensive, and costly. We are currently collaborating with partners including the Center for iPS Cell Research and Application (CiRA) at Kyoto University to develop an automated system that reliably produces high-quality therapeutic cells in a cost-effective way by combining Panasonic expertise in biotechnology, precision manufacturing equipment, data analysis, and simulation. We are confident we can help make individually-tailored treatments accessible to more people, and contribute materially to extending healthy life span and improving quality of life.

    Synergy between structural reform and technology development: Focusing on what truly matters

    Panasonic is implementing group-wide management reform, and the impact of these efforts naturally extends to our technology divisions. Budget cuts are part of our efforts to optimize our operations, but I don’t view this as a negative. Instead, I see it as a great opportunity to focus our resources on the initiatives that truly matter as we extend our technological development.
    Most important is to select the themes that are likely to have the greatest impact toward realizing our Future Technology Vision, and apply our limited resources to investments that will generate the greatest return.
    As we do so, open innovation-style collaboration with universities and enterprises will only become more important. To enhance the speed and quality of our development, we will actively incorporate external knowledge and technologies rather than attempt to go it alone.
    What matters most is that we foster a culture of embracing challenges. As our founder Konosuke Matsushita once said, “Don’t fear mistakes. Fear a lack of resolve.” The process of creating new value inevitably includes setbacks. What can we learn from them? How can we apply those lessons? I’m convinced that such experiences strengthen our entire technology organization.

    How will AI illuminate the future?

    AI is a critical enabling technology for current and future innovation. To reinforce our group commitment to AI, we have launched a new initiative called Panasonic Go. Its goal is to expand the share of AI-related businesses to 30% of group sales by FY2035. In my view, this transformation will mark our evolution into a new breed of enterprise, with seamless vertical and horizontal connections across multiple layers of the organization.

    While we are still defining specific business targets for FY2035, our goal is to leverage AI and data to connect value that is now provided through individual products and services. We will not simply embed AI in products, but apply it across R&D workflows to boost efficiency and boldly tackle the challenge of creating new value.
    As AI extends into every corner of society, security technology becomes more and more important. From individual product security to security for whole factories and complete IT systems, we are reinforcing our efforts to deliver safety and peace of mind to customers by combining cutting-edge AI with expertise accumulated over many years. We are already contributing to society in tangible ways, such as shielding manufacturing lines from malware, or structuring security systems for entire office buildings.

    Panasonic means hope to everyone invested in the future

    From my perspective as CTO, I’m continually giving thought to how Panasonic technologies can contribute to future society. I think the answer begins in our founding DNA, which embodies a deep-rooted desire to improve people’s lives through manufacturing.
    To those who will lead tomorrow’s society, especially young people shaping the future, and to our engineers at Panasonic, I would say this: Don’t do only what you can do, but keep asking yourself what you should do. No matter how challenging the circumstances, I hope you’ll never lose your optimism. My own motto is, “Good fortune comes to those who smile.” If you’re always optimistic and willing to tackle challenges, I’m confident that a path forward is certain to open up.
    For more than a century, Panasonic has been a part of people’s lives through technology. The trust and technological achievement we have accumulated throughout our history are precious assets. Nevertheless, we must keep our eyes on the future and continue to challenge ourselves to create new value.
    With the Future Technology Vision to guide us, we will achieve transformation as a united Panasonic Group, and do our utmost to deliver futures filled with promise.

    Related Articles

    MIL OSI Economics –

  • MIL-Evening Report: Eugene Doyle: Nagasaki now a celebration of Israeli genocide

    Report by Dr David Robie – Café Pacific. –

    COMMENTARY: By Eugene Doyle

    Israel’s key enablers, the G7, plus Australia and New Zealand, have succeeded in muscling Israel back onto the invite list for the commemorations in Nagasaki on August 9.

    Last year Israel was excluded, triggering a refusal by these countries to attend in 2024.

    Does the “personal” invitation that Nagasaki has just sent to Israel represent a triumph of Western diplomacy or a sick joke?

    You know who your mates are when you’re committing genocide
     As I wrote at the time, the boycott by the powerful white-dominated Western nations was a stunning “Fuck you” to the Hibakusha, the last few survivors of the US’s 1945 nuclear attack.

    More importantly it was as clear a statement of collective commitment to Israel’s war on Palestine as you could possibly wish for.  You really find out who your true mates are when you’re committing genocide.

    At the time, Shigemitsu Tanaka, the 83-year-old head of the Nagasaki Atomic Bomb Survivors Council, said he supported the move to keep the Israelis away from the commemorations, saying it was inappropriate to invite representatives from countries waging armed conflicts in defiance of calls from the international community.

    Israel’s invitation is a triumph of Western pressure
     A year later, the City buckled under pressure and has personally invited the Israelis.

    “After Israel was excluded last year over the Gaza war, Nagasaki’s mayor is avoiding renewed diplomatic tensions — especially following a clear message from the US,” Israel’s influential news site Ynet reported this month.

    It is a triumph for Netanyahu and his government, cause for celebration in Tel Aviv, but diminishes the nobility of an event that was created with the explicit intention to say Never Again and to remind the world of the indefensible criminality of attacks on defenceless civilian populations.

    Nagasaki and the Boycott Israel campaign
     Israel goes to incredible lengths to break efforts to impose BDS (Boycotts, Divestment and Sanctions) and so Nagasaki had to be brought to heel.  July 2025 marked the 20th anniversary of the founding of BDS, a non-violent campaign designed to hold Israel accountable for its crimes and apply real-world pressure for the state to change course.

    BDS is potentially a game-changer which is why Israeli government ministers routinely make threats of physical violence against leading BDS activists.

    Israel Katz, currently the Israeli Defence Minister, is on record as calling for Israel to engage in “targeted civil eliminations” of BDS leaders with the help of Israeli intelligence.

    70,000 tons of bombs on Gaza – and Israel is invited to a peace ceremony
     Think for a moment what the presence of Israel at this year’s event represents as an astonishing piece of semiology.  A state that is actively committing the crime of crimes, genocide, sitting alongside the Hibakusha.

    They won’t be the only war criminals in attendance. American, German, and British bombs have levelled the tiny enclave of Gaza.  More of their bombs — 70,000 tons and climbing — have been used to massacre Palestinians in Gaza than were used in the bombings of Hiroshima and Nagasaki (36,000 tons), the fire bombings of Tokyo (1,665 tons) and Dresden (3,900 tons), and the London Blitz (19,000 tons) combined. And it is happening on our watch.

    Another piece of astonishing optics: less than two months ago the US and Israel bombed Iran’s nuclear facilities, doing so with no UN mandate but only their position as powerful, lawless states.

    Their actions dramatically raise the prospect of Iran, Turkey, Saudi Arabia and others deciding they need nuclear weapons as deterrence.  What look will the US and Israeli ambassadors cast over their faces as the Mayor of Nagasaki delivers the message of “Nagasaki’s wish for the establishment of lasting world peace and the abolition of nuclear weapons?”

    Is the 2025 Nobel Peace Prize the next to be trashed?
     Talking of tone deaf and morally repellent, Donald Trump has been openly lobbying to receive the Nobel Peace Prize despite having killed thousands of people and bombed multiple countries this year.

    Interestingly, the 2024 Nobel Peace Prize winner was Nihon Hidankyo (Japan’s Atomic Bomb Survivors Organisation).

    In his acceptance speech last year, Terumi Tanaka, one of the co-chairpersons of Nihon Hidankyo, said that the organisation was created in 1956 “to demand the immediate abolition of nuclear weapons, as extremely inhumane weapons of mass killing, which must not be allowed to coexist with humanity”.

    New Zealand is a genocide enabler.  What happened to our soft power?
     As a New Zealander I am deeply ashamed of my country for having refused to attend last year’s ceremony and for its criminal complicity with Israel today. New Zealand’s tragic trajectory from humanitarian champions and nuclear-free pioneers to racist genocide enablers is captured in all its horror in this month’s Nagasaki commemorations.

    New Zealand, the country that went to the brink of civil war in 1981 to stop sporting contact with Apartheid South Africa is now a fully-paid up member of Apartheid Israel’s war on Palestine.

    Everywhere our government is tearing down the pillars built by decades of struggle in New Zealand. The anti-nuclear policy, the anti-apartheid victories, the non-aligned foreign policies, the sacred principles of partnership between indigenous Māori and the Pākehā (those who settled from Europe and elsewhere) are all being shredded.

    We refuse to recognise Palestine, we refuse to join South Africa’s case against Israel at the ICJ, we refuse to join the Hague Group which is mobilising countries to make those responsible for the genocide accountable and to shoulder state-level responsibility for forcing the end to it.

    But we mobilise to get Israel invited to the Nagasaki peace events.

    From Auschwitz to Nagasaki to Gaza: whatever happened to Never Again? Whatever happened to our decency?

    The Australian journalist Caitlin Johnstone wrote this month “If you’re still supporting Israel in the year 2025, there’s something seriously wrong with you as a person.”  That goes triple for governments.

    Eugene Doyle is a writer based in Wellington. He has written extensively on the Middle East, as well as peace and security issues in the Asia Pacific region. He contributes to Asia Pacific Report and Café Pacific, and hosts the public policy platform solidarity.co.nz

    This article was first published on Café Pacific.

    MIL OSI Analysis – EveningReport.nz –

  • PM Modi extends birthday greetings to Maha CM Fadnavis, Deputy CM Ajit Pawar

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday extended warm birthday wishes to Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Ajit Pawar, lauding their contributions to the state and wishing them long and healthy lives.

    Fadnavis, born on July 22, 1970, in Nagpur and Pawar, born on the same date in 1959 in Maharashtra’s Ahmednagar district, received praise and blessings from leaders across the political spectrum.

    Taking to X, PM Modi wrote, “Best wishes to Maharashtra Chief Minister, Shri Devendra Fadnavis Ji on his birthday. He’s working tirelessly for Maharashtra’s progress and empowering the poor and downtrodden. May he lead a long and healthy life in service of the people.”

    For Ajit Pawar, who leads the Nationalist Congress Party (NCP) faction aligned with the Mahayuti, PM Modi posted, “Birthday greetings to Shri Ajit Pawar Ji. He is making a valuable contribution to strengthening the NDA’s good governance agenda in Maharashtra. May he be blessed with a long and healthy life.”

    Union Home Minister Amit Shah also extended heartfelt greetings. “Happy birthday to Chief Minister of Maharashtra Shri Devendra Fadnavis. Under the leadership of Modi ji, you are continuously doing commendable work towards public welfare and revival of cultural heritage in Maharashtra,” Shah wrote on X.

    “We are also moving forward firmly on the path of public welfare by providing basic facilities to the poor, deprived and exploited in a transparent manner. May Ganpati Bappa grant you long life and healthy life,” he added.

    For Ajit Pawar, Shah wrote, “Heartiest birthday wishes to Maharashtra Deputy Chief Minister Ajit Pawar. You are playing a commendable role in bringing the work of the Mahayuti government to the ground in Maharashtra. I pray to God for your good health and long life.”

    Joining in the celebrations, Deputy Chief Minister Eknath Shinde offered his wishes to both leaders.

    In a message posted in Marathi (loosely translated into English), he wrote, “Heartfelt birthday wishes to the Honourable Chief Minister Devendraji Fadnavis, the steadfast warrior of Maharashtra’s development journey! A trusted friend and colleague of the Mahayuti alliance, leading all comrades with strength, a leader who amplifies the voice of the people, taking bold steps in Maharashtra’s journey toward prosperity.”

    He further praised Fadnavis as “an excellent administrator, a wise leader with expertise in economics and law, and a visionary leader,” and prayed for his long and healthy life.

    Wishing his counterpart Ajit Pawar, Shinde wrote, “Heartfelt birthday wishes to Deputy Chief Minister Hon. Ajitdada Pawar, who steadfastly supports the Mahayuti! An exceptional administrator with a remarkable grasp of economics, a steadfast companion of visionary development, and a sensitive and punctual leader who carries the aspirations of Maharashtra’s progress — that’s our Ajitdada.”

    He added, “To our friend who firmly believes nothing comes before Maharashtra’s development and walks this path with conviction, we pray at the feet of the Almighty for a long and healthy life!”

    (IANS)

  • PM Modi extends birthday greetings to Maha CM Fadnavis, Deputy CM Ajit Pawar

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday extended warm birthday wishes to Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Ajit Pawar, lauding their contributions to the state and wishing them long and healthy lives.

    Fadnavis, born on July 22, 1970, in Nagpur and Pawar, born on the same date in 1959 in Maharashtra’s Ahmednagar district, received praise and blessings from leaders across the political spectrum.

    Taking to X, PM Modi wrote, “Best wishes to Maharashtra Chief Minister, Shri Devendra Fadnavis Ji on his birthday. He’s working tirelessly for Maharashtra’s progress and empowering the poor and downtrodden. May he lead a long and healthy life in service of the people.”

    For Ajit Pawar, who leads the Nationalist Congress Party (NCP) faction aligned with the Mahayuti, PM Modi posted, “Birthday greetings to Shri Ajit Pawar Ji. He is making a valuable contribution to strengthening the NDA’s good governance agenda in Maharashtra. May he be blessed with a long and healthy life.”

    Union Home Minister Amit Shah also extended heartfelt greetings. “Happy birthday to Chief Minister of Maharashtra Shri Devendra Fadnavis. Under the leadership of Modi ji, you are continuously doing commendable work towards public welfare and revival of cultural heritage in Maharashtra,” Shah wrote on X.

    “We are also moving forward firmly on the path of public welfare by providing basic facilities to the poor, deprived and exploited in a transparent manner. May Ganpati Bappa grant you long life and healthy life,” he added.

    For Ajit Pawar, Shah wrote, “Heartiest birthday wishes to Maharashtra Deputy Chief Minister Ajit Pawar. You are playing a commendable role in bringing the work of the Mahayuti government to the ground in Maharashtra. I pray to God for your good health and long life.”

    Joining in the celebrations, Deputy Chief Minister Eknath Shinde offered his wishes to both leaders.

    In a message posted in Marathi (loosely translated into English), he wrote, “Heartfelt birthday wishes to the Honourable Chief Minister Devendraji Fadnavis, the steadfast warrior of Maharashtra’s development journey! A trusted friend and colleague of the Mahayuti alliance, leading all comrades with strength, a leader who amplifies the voice of the people, taking bold steps in Maharashtra’s journey toward prosperity.”

    He further praised Fadnavis as “an excellent administrator, a wise leader with expertise in economics and law, and a visionary leader,” and prayed for his long and healthy life.

    Wishing his counterpart Ajit Pawar, Shinde wrote, “Heartfelt birthday wishes to Deputy Chief Minister Hon. Ajitdada Pawar, who steadfastly supports the Mahayuti! An exceptional administrator with a remarkable grasp of economics, a steadfast companion of visionary development, and a sensitive and punctual leader who carries the aspirations of Maharashtra’s progress — that’s our Ajitdada.”

    He added, “To our friend who firmly believes nothing comes before Maharashtra’s development and walks this path with conviction, we pray at the feet of the Almighty for a long and healthy life!”

    (IANS)

  • MIL-OSI Asia-Pac: Mong Kok fair to offer 2,300 jobs

    Source: Hong Kong Information Services

    The Labour Department (LD) announced today that it will hold the Building a Multicultural Workplace Job Fair at MacPherson Stadium in Mong Kok on Thursday and Friday, offering more than 2,300 vacancies.

    The fair is jointly organised by the LD and the Democratic Alliance for the Betterment & Progress of Hong Kong (DAB) Ethnic Minorities Committee, with the Equal Opportunities Commission as the co-organiser.

    It aims to enhance the employment opportunities of job seekers, including those from ethnic minorities, and promote the LD’s employment services.

    About 50 organisations will participate in the fair, with around half of them setting up booths on-site and conducting on-the-spot recruitment each day.

    The positions being offered include engineer, accountant, human resources officer, guest services officer, administrative assistant, clerk, aircraft maintenance mechanic trainee, railway technical trainee, technical manager, system analyst, equestrian assistant, barista, spa therapist, nail technician trainee and lifeguard.

    The Correctional Services Department, the Fire Services Department, Police and the Immigration Department plan to set up counters to introduce their career opportunities and entry requirements.

    In addition to providing on-site interpretation services in Hindi, Urdu and Nepali at the fair, the DAB Ethnic Minorities Committee will introduce its support services for people from ethnic minorities.

    Furthermore, career talks on various professions will be held during the event on Thursday.

    Around 93% of the vacancies at the fair are full-time jobs, with most of them offering monthly salaries ranging from $12,000 to $22,000.

    Among the vacancies, about 90% require a Secondary 7 education level or below and around 66% are open to job seekers without relevant work experience.

    MIL OSI Asia Pacific News –

  • MIL-OSI Economics: Secretary-General of ASEAN delivers Pre-Recorded Remarks at the 20th Asia Media Summit

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today delivered Pre-Recorded Remarks at the Opening Ceremony of the 20th Asia Media Summit held in Siem Reap, Cambodia. Under the theme of “Celebrating Two Decades of Excellence and Beyond,” the summit gathers broadcasters, decision makers, media professionals, regulators, scholars, and stakeholders from within and outside the region to address challenges and opportunities in the media industry. In his remarks, Dr. Kao reflected on the achievements of the Asia Media Summit, and highlighted ASEAN’s developments in response to the evolving information and media landscape.
     

    The post Secretary-General of ASEAN delivers Pre-Recorded Remarks at the 20th Asia Media Summit appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • Sensex, Nifty open higher as banking stocks continue to gain

    Source: Government of India

    Source: Government of India (4)

    The Indian stock market opened in the green on Tuesday as heavyweight banking stocks continued to lead amid mixed global cues.

    At 9.23 am, Sensex was up 152 points or 0.19 per cent at 82,359 and Nifty was up 38 points or 0.15 per cent at 25,129.

    Banking stocks were leading the market. Nifty Bank was up 0.30 per cent, higher than the main indices.

    Buying was also seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 45 points or 0.08 per cent at 59,514 and Nifty smallcap 100 index was up 80 points or 0.42 per cent at 19,038.

    Among the sectoral indices, PSU bank, financial services, metal, media, energy and private bank were in the green. Pharma, IT, auto and FMCG were in the red.

    In the Sensex pack, Eternal, Trent, Tata Steel, ICICI Bank, HDFC Bank, TCS, BEL, HCLTech, NTPC and SBI were top gainers. Tata Motors, Bajaj Finserv, Sun Pharma, M&M, Bharti Airtel, Maruti Suzuki, L&T, HUL and Asian Paints were top losers.

    “The Nifty 50, after a strong rebound from its intraday low of 24,900, surged nearly 225 points to close above the 25,000 mark, forming a bullish candlestick pattern. The rebound from the 50-day EMA indicates a potential trend reversal, though confirmation through follow-up buying is awaited,” said Mandar Bhojane of Choice Equity Broking Private Limited.

    On the upside, a sustained move above 25,150 could pave the way toward 25,250. Key support levels remain at 25,000 and 24,900, which may offer favourable risk-reward opportunities for long positions, he added.

    Most Asian markets kept to a tight range. Tokyo and Seoul were in the red while Shanghai, Hong Kong and Jakarta were in the green. US markets closed in the mixed zone. Dow Jones was in the red and Nasdaq was in the green.

    On July 21, foreign institutional investors (FIIs) were net sellers for the third consecutive session, offloading equities worth Rs 1,681 crore. In contrast, domestic institutional investors (DIIs) remained strong buyers for the 11th straight day, purchasing equities worth Rs 3,578 crore.

    (IANS)

  • Amarnath Yatra sees huge rush of pilgrims, 3.21 lakh had ‘darshan’ in 19 days

    Source: Government of India

    Source: Government of India (4)

    The ongoing Amarnath Yatra has witnessed an overwhelming turnout, with more than 3.21 lakh devotees having undertaken the pilgrimage in the last 19 days since it commenced on July 3. On Tuesday, another batch of 3,536 pilgrims departed from Jammu for the holy cave in Kashmir.

    According to officials, “A fresh batch of 3,536 Yatris left the Bhagwati Nagar Yatri Niwas in Jammu today in two escorted convoys headed for the Valley. The first convoy of 48 vehicles, carrying 1,250 pilgrims, departed at 3:33 a.m. for the Baltal base camp, while the second convoy of 84 vehicles, with 2,286 pilgrims, left at 4:06 a.m. for the Pahalgam base camp.”

    “There is a huge rush of Yatris, with thousands arriving daily from across the country at the twin base camps to undertake the Yatra,” added the officials.

    Extensive multi-tier security arrangements have been put in place to ensure the safety of pilgrims. An additional 180 companies of Central Armed Police Forces (CAPFs) have been deployed to strengthen the existing presence of the Army, BSF, CRPF, SSB, and local police. The Army has stationed over 8,000 special commandos along the route to secure the pilgrimage.

    The Amarnath Yatra 2025 will continue for 38 days, concluding on August 9, which coincides with Shravan Purnima and Raksha Bandhan.

    (With inputs from IANS)

  • MIL-OSI Asia-Pac: Hongkong Post reports cyberattack

    Source: Hong Kong Information Services

    Hongkong Post has reported an information security incident involving robotic access to information in the address books of its EC-Ship account holders.

    Condemning the attack, its stressed that it will work closely with Police on its investigation into the matter.

    Upon identifying the incident, Hongkong Post took immediate measures to block the unauthorised access. It also followed established guidelines and reported the case to Police, the Digital Policy Office, the Office of the Privacy Commissioner for Personal Data and the Security Bureau on the same day. The EC-Ship service has resumed as normal.

    Hongkong Post said that based on a preliminary assessment, the incident could involve information in the address books of EC-Ship account holders, including senders’ and recipients’ names, addresses, phone numbers, fax numbers and email addresses. Investigations are ongoing to ascertain the number of account holders affected and whether any personal data leakage is involved. When further updates are available, Hongkong Post will inform affected account holders.

    The service added that it is seeking advice from the Digital Policy Office to assist with its investigations, and will further strengthen system security measures.

    Hongkong Post also reiterated that it does not send embedded hyperlinks via emails, SMS messages or social media pages for the collection of personal information or requesting for payment. Citizens are advised to refrain from clicking on any embedded links or providing any personal or financial data, and from making payments via suspicious emails or SMS messages alleged to be sent by Hongkong Post.

    For enquiries, call 2921 2222.

    MIL OSI Asia Pacific News –

  • South Korea finance minister, trade envoy to hold tariff talks with US counterparts

    Source: Government of India

    Source: Government of India (4)

    South Korea’s new finance minister and the country’s top trade envoy will meet in Washington with U.S. counterparts on Friday for talks on U.S. tariffs, Finance Minister Koo Yun-cheol said on Tuesday.

    The country’s foreign and industry ministers will also visit the U.S. for trade discussions as early as this week, Koo told reporters after a meeting of economic ministers.

    Koo took office on Monday.

    The four officials complete a new cabinet team under President Lee Jae Myung who was sworn in on June 4 after winning a snap election called after his predecessor’s ouster for trying to declare martial law.

    The political turmoil that ensued delayed South Korea’s response to U.S. President Donald Trump’s punishing tariff regime imposed on dozens of trade partners, including key industrial powerhouses that are also security allies.

    Koo and Minister for Trade Yeo Han-koo will hold talks with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer on Friday at the request of the U.S. officials, the finance minister said.

    “We’ve had discussions from the perspective of national interest and pragmatism and we’ll do our best to prepare a meticulous strategy until we’re leaving,” Koo said, declining to say whether Seoul was hoping to push back the August 1 deadline before reciprocal tariffs set by Trump are due to come in.

    Yeo said on Tuesday he would seek to base the talks around forming a manufacturing partnership with the United States.

    On Monday, South Korea’s new Industry Minister Kim Jung-kwan said tariff talks were in a critical phase that could result in a range of possible outcomes and pledged an all-out effort to wrap up negotiations by August 1.

    Trump has vowed to slap tariffs on a range of countries including South Korea to reduce what he called unfair trade imbalances.

    On Saturday, Japan’s top tariff negotiator, Ryosei Akazawa, said he planned to visit Washington this week to hold further ministerial-level talks, as Tokyo hopes to clinch a deal by its August 1 deadline.

    (Reuters)

  • Trump releases Martin Luther King assassination files

    Source: Government of India

    Source: Government of India (4)

    The U.S. Justice Department on Monday released more than 240,000 pages of documents related to the assassination of Martin Luther King Jr., including records from the FBI, which had surveilled the civil rights leader as part of an effort to discredit the Nobel Peace Prize winner and his civil rights movement.

    Files were posted on the website of the National Archives, which said more would be released.

    King died of an assassin’s bullet in Memphis, Tennessee, on April 4, 1968, as he increasingly extended his attention from a nonviolent campaign for equal rights for African Americans to economic issues and calls for peace. His death shook the United States in a year that would also bring race riots, anti-Vietnam war demonstrations and the assassination of presidential candidate Robert F. Kennedy.

    Earlier this year, President Donald Trump’s administration released thousands of pages of digital documents related to the assassinations of Robert Kennedy and former President John F. Kennedy, who was killed in 1963.

    Trump promised on the campaign trail to provide more transparency about Kennedy’s death. Upon taking office, he also ordered aides to present a plan for the release of records relating to the assassinations of Robert Kennedy and King.

    The FBI kept files on King in the 1950s and 1960s – even wiretapping his phones – because of what the bureau falsely said at the time were his suspected ties to communism during the Cold War between the U.S. and Soviet Union. In recent years, the FBI has acknowledged that as an example of “abuse and overreach” in its history.

    The civil rights leader’s family asked those who engage with the files to “do so with empathy, restraint, and respect for our family’s continuing grief,” and condemned “any attempts to misuse these documents.”

    “Now more than ever, we must honor his sacrifice by committing ourselves to the realization of his dream – a society rooted in compassion, unity, and equality,” they said in a statement.

    “During our father’s lifetime, he was relentlessly targeted by an invasive, predatory, and deeply disturbing disinformation and surveillance campaign orchestrated by J. Edgar Hoover through the Federal Bureau of Investigation,” the family, including his two living children, Martin III, 67, and Bernice, 62, said, referring to the then-FBI director.

    James Earl Ray, a segregationist and drifter, confessed to killing King but later recanted. He died in prison in 1998.

    King’s family said it had filed a wrongful death civil lawsuit in Tennessee in 1999 that led to a jury unanimously concluding “that our father was the victim of a conspiracy involving Loyd Jowers and unnamed co-conspirators, including government agencies as a part of a wider scheme. The verdict also affirmed that someone other than James Earl Ray was the shooter, and that Mr. Ray was set up to take the blame. Our family views that verdict as an affirmation of our long-held beliefs.”

    Jowers, once a Memphis police officer, told ABC’s Prime Time Live in 1993 that he participated in a plot to kill King. A 2023 Justice Department report called his claims dubious.

    (Reuters)

  • IMF’s Gita Gopinath to step down in August, return to Harvard University

    Source: Government of India

    Source: Government of India (4)

    Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday.

    IMF Managing Director Kristalina Georgieva will name a successor to Gopinath in “due course,” the IMF said.

    Gopinath joined the fund in 2019 as chief economist – the first woman to serve in that role – and was promoted to first deputy managing director in January 2022.

    No comment was immediately available from the U.S. Treasury, which manages the dominant U.S. shareholding in the IMF. While European countries have traditionally chosen the Fund’s managing director, the U.S. Treasury has traditionally recommended candidates for the first deputy managing director role.

    Gopinath is an Indian-born U.S. citizen.

    The timing of the move caught some IMF insiders by surprise, and appears to have been initiated by Gopinath.

    Gopinath, who had left Harvard to join the IMF, will return to the university as a professor of economics.

    Gopinath’s departure will offer Treasury a chance to recommend a successor at a time when U.S. President Donald Trump is seeking to restructure the global economy and end longstanding U.S. trade deficits with high tariffs on imports from nearly all countries.

    She will return to a university that has been in the Trump administration’s crosshairs after it rejected demands to change its governance, hiring, and admissions practices.

    Georgieva said Gopinath joined the IMF as a highly respected academic and proved to be an “exceptional intellectual leader” during her time, which included the pandemic and global shocks caused by Russia’s invasion of Ukraine.

    “Gita steered the Fund’s analytical and policy work with clarity, striving for the highest standards of rigorous analysis at a complex time of high uncertainty and rapidly changing global economic environment,” Georgieva said.

    Gopinath has also overseen the fund’s multilateral surveillance and analytical work on fiscal and monetary policy, debt, and international trade.

    Gopinath said she was grateful for a “once in a lifetime opportunity” to work at the IMF, thanking both Georgieva and the previous IMF chief, Christine Lagarde, who appointed her as chief economist.

    “I now return to my roots in academia, where I look forward to continuing to push the research frontier in international finance and macroeconomics to address global challenges, and to training the next generation of economists,” she said in a statement.

    (Reuters)

  • IMF’s Gita Gopinath to step down in August, return to Harvard University

    Source: Government of India

    Source: Government of India (4)

    Gita Gopinath, the No. 2 official at the International Monetary Fund, will leave her post at the end of August to return to Harvard University, the IMF said in a statement on Monday.

    IMF Managing Director Kristalina Georgieva will name a successor to Gopinath in “due course,” the IMF said.

    Gopinath joined the fund in 2019 as chief economist – the first woman to serve in that role – and was promoted to first deputy managing director in January 2022.

    No comment was immediately available from the U.S. Treasury, which manages the dominant U.S. shareholding in the IMF. While European countries have traditionally chosen the Fund’s managing director, the U.S. Treasury has traditionally recommended candidates for the first deputy managing director role.

    Gopinath is an Indian-born U.S. citizen.

    The timing of the move caught some IMF insiders by surprise, and appears to have been initiated by Gopinath.

    Gopinath, who had left Harvard to join the IMF, will return to the university as a professor of economics.

    Gopinath’s departure will offer Treasury a chance to recommend a successor at a time when U.S. President Donald Trump is seeking to restructure the global economy and end longstanding U.S. trade deficits with high tariffs on imports from nearly all countries.

    She will return to a university that has been in the Trump administration’s crosshairs after it rejected demands to change its governance, hiring, and admissions practices.

    Georgieva said Gopinath joined the IMF as a highly respected academic and proved to be an “exceptional intellectual leader” during her time, which included the pandemic and global shocks caused by Russia’s invasion of Ukraine.

    “Gita steered the Fund’s analytical and policy work with clarity, striving for the highest standards of rigorous analysis at a complex time of high uncertainty and rapidly changing global economic environment,” Georgieva said.

    Gopinath has also overseen the fund’s multilateral surveillance and analytical work on fiscal and monetary policy, debt, and international trade.

    Gopinath said she was grateful for a “once in a lifetime opportunity” to work at the IMF, thanking both Georgieva and the previous IMF chief, Christine Lagarde, who appointed her as chief economist.

    “I now return to my roots in academia, where I look forward to continuing to push the research frontier in international finance and macroeconomics to address global challenges, and to training the next generation of economists,” she said in a statement.

    (Reuters)

  • Meri Panchayat App secures WSIS Champion Award 2025 for Digital Governance Excellence

    Source: Government of India

    Source: Government of India (4)

    The “Meri Panchayat” mobile application, a transformative digital governance initiative by the Ministry of Panchayati Raj and the National Informatics Centre (NIC), has been honored with the prestigious World Summit on the Information Society (WSIS) Prizes 2025 Champion Award. The accolade, awarded under the Action Line Category for Cultural Diversity and Identity, Linguistic Diversity, and Local Content, was presented at the WSIS+20 High-Level Event 2025 in Geneva, Switzerland, organized by the International Telecommunication Union (ITU). The WSIS Champion Certificate was formally handed over to Union Minister of Panchayati Raj, Rajiv Ranjan Singh, during a ceremonial event in New Delhi, attended by Minister of State for Panchayati Raj, Prof. S. P. Singh Baghel, and Secretary MoPR, Vivek Bharadwaj, among other senior officials.

    Rajiv Ranjan Singh praised the Meri Panchayat initiative for advancing citizen-centric governance through digital innovation. He highlighted the importance of leveraging such tools to enhance transparency, promote participatory democracy, and bridge the knowledge divide at the grassroots level. The app, recognized as a WSIS Prizes 2025 Champion Project, exemplifies India’s global leadership in digital governance.

    The WSIS+20 High-Level Event, held from July 7 to 11 in Geneva, marked two decades since the original WSIS. Co-hosted by ITU and the Swiss Confederation, and co-organized by ITU, UNESCO, UNDP, and UNCTAD, the forum served as a platform to evaluate progress and address challenges in building inclusive information societies. Sunita Jain, Senior Director, NIC/MoPR, accepted the Champion Award on behalf of the Government of India on July 10 during the event.

    The Meri Panchayat app empowers over 25 lakh elected representatives and approximately 950 million rural residents across India’s 2.65 lakh Gram Panchayats. It provides real-time access to panchayat budgets, receipts, payments, and development plans, along with details of elected representatives, public infrastructure, and civic services. The app also offers access to Gram Panchayat Development Plans (GPDPs), project tracking, weather forecasts at the Gram Panchayat level, social audit tools, fund utilization data, and grievance redressal with geo-tagged and geo-fenced features. Supporting over 12 Indian languages, the app ensures inclusivity through its multilingual interface. Citizens can propose new projects, review and rate implemented works, and access Gram Sabha agendas and decisions, fostering greater civic engagement and transparency in rural governance.

  • Meri Panchayat App secures WSIS Champion Award 2025 for Digital Governance Excellence

    Source: Government of India

    Source: Government of India (4)

    The “Meri Panchayat” mobile application, a transformative digital governance initiative by the Ministry of Panchayati Raj and the National Informatics Centre (NIC), has been honored with the prestigious World Summit on the Information Society (WSIS) Prizes 2025 Champion Award. The accolade, awarded under the Action Line Category for Cultural Diversity and Identity, Linguistic Diversity, and Local Content, was presented at the WSIS+20 High-Level Event 2025 in Geneva, Switzerland, organized by the International Telecommunication Union (ITU). The WSIS Champion Certificate was formally handed over to Union Minister of Panchayati Raj, Rajiv Ranjan Singh, during a ceremonial event in New Delhi, attended by Minister of State for Panchayati Raj, Prof. S. P. Singh Baghel, and Secretary MoPR, Vivek Bharadwaj, among other senior officials.

    Rajiv Ranjan Singh praised the Meri Panchayat initiative for advancing citizen-centric governance through digital innovation. He highlighted the importance of leveraging such tools to enhance transparency, promote participatory democracy, and bridge the knowledge divide at the grassroots level. The app, recognized as a WSIS Prizes 2025 Champion Project, exemplifies India’s global leadership in digital governance.

    The WSIS+20 High-Level Event, held from July 7 to 11 in Geneva, marked two decades since the original WSIS. Co-hosted by ITU and the Swiss Confederation, and co-organized by ITU, UNESCO, UNDP, and UNCTAD, the forum served as a platform to evaluate progress and address challenges in building inclusive information societies. Sunita Jain, Senior Director, NIC/MoPR, accepted the Champion Award on behalf of the Government of India on July 10 during the event.

    The Meri Panchayat app empowers over 25 lakh elected representatives and approximately 950 million rural residents across India’s 2.65 lakh Gram Panchayats. It provides real-time access to panchayat budgets, receipts, payments, and development plans, along with details of elected representatives, public infrastructure, and civic services. The app also offers access to Gram Panchayat Development Plans (GPDPs), project tracking, weather forecasts at the Gram Panchayat level, social audit tools, fund utilization data, and grievance redressal with geo-tagged and geo-fenced features. Supporting over 12 Indian languages, the app ensures inclusivity through its multilingual interface. Citizens can propose new projects, review and rate implemented works, and access Gram Sabha agendas and decisions, fostering greater civic engagement and transparency in rural governance.

  • Death toll rises to 27 in Bangladesh air force jet crash, official says

    Source: Government of India

    Source: Government of India (4)

    At least 27 people were killed after a Bangladesh Air Force training jet crashed into a college and school campus in Dhaka, officials said on Tuesday, with 88 people, including children, being treated in hospital.

    The F-7 BGI aircraft crashed soon after it took off at 1:06 p.m. (0706 GMT) on Monday from the airbase in Kurmitola in the capital on a routine training mission. The military said the plane experienced a mechanical failure.

    Sayedur Rahman, special assistant to the chief adviser on health, told reporters that 27 people had died and 88 were admitted to hospital with burn injuries.

    The government announced a day of mourning, with flags at half-mast and special prayers at all places of worship.

    The pilot was among those killed in the incident, the military said, adding that a committee had been formed to investigate what happened.

    The F-7  BGI is the final and most advanced variant in China’s Chengdu J-7/F-7 aircraft family, according to Jane’s Information Group. Bangladesh signed a contract for 16 aircraft in 2011 and deliveries were completed by 2013.

    The crash comes weeks after an Air India plane crashed into a medical college hostel in Ahmedabad in neighbouring India, killing 241 of the 242 people on board and 19 on the ground in the world’s worst aviation disaster in a decade.

    (Reuters)

  • MIL-OSI Russia: A friendly football tournament between China and Russia has started in the Chinese city of Hunchun

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 22 (Xinhua) — The first China-Russia friendly football tournament in 2025, the Friendship Cup, kicked off in Hunchun, northeast China’s Jilin Province on Monday, with 17 junior and youth teams from the two countries taking part, China’s Zhongxinshe News Agency reported.

    The competition, aimed at promoting sports exchanges between China and Russia, is organized by the Hunchun Municipal People’s Government, the Yanbian Korean Autonomous Prefecture Sports Administration, to which Hunchun is administratively subordinate, and the Jilin Provincial Association for Cultural Exchange with Foreign Countries.

    During the tournament, individual matches will be held among the abovementioned teams. It is planned that the competition among youth teams will end on July 23, and the juniors will last until July 24.

    “We are very grateful to the Chinese side for the invitation to participate in the competition and hope that all teams will be able to play at their best level and achieve good results,” Russian footballer Alexey told a Zhongxinshe correspondent.

    As Secretary General of the Hunchun Football Association Wang Liang noted, football competitions are an important part of cultural exchanges between China and Russia. Holding this football tournament is aimed at creating a platform for exchanging football experiences and strengthening friendship between teenagers and young people of the two countries. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Nearly 20 people trapped after jade mine collapses in northern Myanmar

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    YANGON, July 22 (Xinhua) — About 20 people were trapped after a jade mine collapsed in northern Myanmar’s Kachin State, a local police official told Xinhua.

    The incident took place in Hpakant township on Monday morning. “Two bodies have been found so far and rescue efforts are ongoing,” a local rescue official said.

    The death toll could exceed 10 people, he said, adding that the incident led to the destruction of nearby houses. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI China: 28 countries condemn Israel over ‘suffering of civilians in Gaza’

    Source: People’s Republic of China – State Council News

    Twenty-eight countries and the European Union Commissioner for Equality, Preparedness and Crisis Management issued a joint statement on Monday, condemning Israel for the suffering of civilians in Gaza.

    “The suffering of civilians in Gaza has reached new depths. We condemn the drip feeding of aid and the inhumane killing of civilians,” said the statement. “It is horrifying that over 800 Palestinians have been killed while seeking aid.”

    “The Israeli Government’s denial of essential humanitarian assistance to the civilian population is unacceptable. Israel must comply with its obligations under international humanitarian law,” the statement added, urging an immediate end to the war in Gaza.

    The statement called on the Israeli government to “immediately lift restrictions on the flow of aid and to urgently enable the UN and humanitarian NGOs to do their life-saving work safely and effectively.”

    Signed by the foreign ministers of Britain, France, Italy, Canada, Japan, and other Western countries, the statement also opposes any attempts to alter the territorial or demographic status of the occupied Palestinian territories.

    In response, the Israeli Foreign Ministry rejected the statement as being “disconnected from reality” and accused Hamas of being “the only party responsible for the lack of a deal for the release of hostages and a ceasefire.”

    “The statement fails to focus the pressure on Hamas and fails to recognize Hamas’s role and responsibility for the situation,” the ministry said in an announcement. 

    MIL OSI China News –

  • MIL-OSI Banking: Money Market Operations as on July 21, 2025

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 6,19,575.62 5.51 4.75-6.50
         I. Call Money 18,053.92 5.48 4.75-5.70
         II. Triparty Repo 4,14,235.80 5.51 5.32-5.90
         III. Market Repo 1,84,961.35 5.51 5.00-6.00
         IV. Repo in Corporate Bond 2,324.55 5.65 5.50-6.50
    B. Term Segment      
         I. Notice Money** 338.19 5.36 5.00-5.53
         II. Term Money@@ 409.00 – 5.50-5.75
         III. Triparty Repo 1,299.40 5.71 5.40-6.47
         IV. Market Repo 1,492.83 5.57 5.44-5.64
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Mon, 21/07/2025 1 Tue, 22/07/2025 10,750.00 5.75
    4. SDFΔ# Mon, 21/07/2025 1 Tue, 22/07/2025 56,852.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -46,102.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Fri, 18/07/2025 7 Fri, 25/07/2025 2,00,027.00 5.49
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       6,511.19  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -1,93,515.81  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -2,39,617.81  
    G. Cash Reserves Position of Scheduled Commercial Banks          
         (i) Cash balances with RBI as on July 21, 2025 9,37,144.49  
         (ii) Average daily cash reserve requirement for the fortnight ending July 25, 2025 9,63,288.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ July 21, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on June 27, 2025 5,79,904.00  

    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).

    – Not Applicable / No Transaction.

    ** Relates to uncollateralized transactions of 2 to 14 days tenor.

    @@ Relates to uncollateralized transactions of 15 days to one year tenor.

    $ Includes refinance facilities extended by RBI.

    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/758

    MIL OSI Global Banks –

  • MIL-OSI Economics: Business Leaders Urge Recommitment to Open, Rules-based and Predictable Trade, Call for Bold Action to Secure Future Growth Hai Phong, Viet Nam | 22 July 2025 APEC Business Advisory Council

    Source: APEC – Asia Pacific Economic Cooperation

    aRepresentatives of the APEC Business Advisory Council (ABAC) met in Hai Phong, Viet Nam to finalize their recommendations to APEC Leaders and seven Sectoral Ministerial Meetings to be held in Korea later this year. During the meeting, ABAC members reiterated an urgent call to APEC Leaders to reaffirm their commitment to open, rules-based, non-discriminatory, predictable and competitive markets in the face of mounting trade tensions, policy volatility and global uncertainty.

    APEC’s prosperity has long rested on reducing distortions and opening markets, anchored by transparent, rules-based trade but today, that foundation is under threat.

    Escalating trade frictions and uncertainty are disrupting supply chains, inflating costs, shaking business confidence and threatening jobs and living standards. This is throttling growth and distracting from the critical work of revitalizing businesses and our economies. In a ‘Statement on Open Markets’, ABAC underscored that the business community needs a return to the stable trade and economic environment that has underpinned decades of prosperity for every APEC economy.

    As leaders of the Asia-Pacific business community, ABAC recognizes that artificial intelligence (AI) is reshaping our economies, societies and daily lives. Yet the full benefits of AI cannot be realized without robust, efficient and sustainable infrastructure to support its development and deployment. In its Declaration on Sustainable AI Infrastructure and Investment, ABAC reaffirmed its commitment to shaping an AI-powered future that is not only innovative and inclusive, but also environmentally responsible.

    Priorities for Inclusive and Sustainable Growth

    In the 2025 Report to APEC Leaders, ABAC finalized the recommendations it will present later this year to drive sustainable and inclusive growth in the region including the following:

    • Accelerating the realization of the Free Trade Area of the Asia-Pacific (FTAAP), with early deliverables like the APEC Centre of Excellence on Paperless Trade, a new equal pay framework and a Greener Trade Framework.
    • Reforming and modernizing the WTO including making permanent the E-Commerce Moratorium for digital products.
    • Mobilizing investment to fund energy transitions, digital infrastructure, and disaster response.
    • Leading in Digital Transformation by ensuring equitable access to secure, sustainable digital infrastructure, shaping responsible AI deployment and governance and developing interoperable digital trade rules.
    • Strengthening healthcare supply chains and market access for innovations like genomics and AI.
    • Tackling demographic shifts by promoting workforce participation, labor mobility, skills recognition, pensions reform and leveraging emerging technologies.

    ABAC’s work and recommendations are guided by the theme this year—“Bridge. Business. Beyond.” This reflects what is needed to deliver ABAC’s vision: bridge divides, empower businesses to drive growth and look beyond short-term challenges to long-term prosperity. 

    ABAC stands ready to work with APEC Leaders to shape a future of inclusive, sustainable growth for all.

    ABAC 2025 Chairman H.S. Cho thanked His Excellency Luong Cuong, President of Viet Nam, who opened the ABAC meeting.

    ABAC expressed its appreciation to ABAC Viet Nam for the excellent arrangements and the leaders of Hai Phong City for supporting the meeting. Prior to the start of the ABAC meeting, members joined participants to the Hai Phong Investment Promotion Conference held prior to their Meeting where they engaged with H.E. President of Viet Nam, Hai Phong City Leaders and local business owners.  

    For further information, please contact:

    Hyungkon Park (Mr), ABAC Executive Director 2025  at +82 2 6050 3686 and [email protected]
    Antonio Basilio (Mr), Director of the ABAC Secretariat at +63 917 849 3351 and [email protected]

    MIL OSI Economics –

  • MIL-OSI New Zealand: Northland News – Six Northland tertiary students awarded scholarships

    Source: Northland Regional Council

    Six Northland students have been named as recipients of Northland Regional Council’s annual Tū i te ora Scholarship, each receiving $4000 and paid work experience with council this summer.
    The recipients are Aakash Chatterji, Nehana Griffiths, Riana Lane, Isaac Morrow, Raine Ross, and William Trubshaw, who were selected from a pool of 26 applicants.
    This is the sixth year council has awarded the scholarship, which recognises, encourages and supports student to undertake study that relates to council’s environmental and regulatory functions, whilst contributing to council’s vision ‘Tiakina te taiao, tuia te here tangata – Nurture the environment, bring together the people’.
    Pou Manawhakahaere – Group Manager, Governance and Engagement Auriole Ruka says the scholarship provides value for both the recipients and council, with the recipients able to gain hands-on experience and council benefiting from the extra support during the busy summer period.
    “It’s a great opportunity for the recipients to apply what they’ve learned through their tertiary study to real life scenarios, and our teams really value the different experiences and perspectives the recipients bring.”
    Nehana Griffiths, who will join council’s Climate Action and Natural Hazards team, is passionate about learning how land has been utilised and the impacts of this over time.
    “I enjoy looking at environmental management cases and learning how different communities in different contexts and situations tackle environmental problems, and what we can learn from those results for the future.”
    Riana Lane will join council’s Biosecurity Partnerships team to help support community projects aimed at managing plant and animal species. She is determined to help protect the environment for future generations to enjoy and treasure.
    “I want to apply my love for our flora and fauna in a career in conservation, breeding programmes, and zoology to work with and study our native species, and to support them to survive and thrive in our changing world.”
    Ruka says the scholarship also enables council to tap into talent early and create a valuable pipeline for future employees.
    “The scholarship offers students an incredible chance to gain valuable experience and discover if a career at council aligns with their career goals. We’ve had several previous recipients return to council after graduating or remained in casual and fixed-term roles.”
    “We’re really looking forward to having this year’s recipients join us this summer and hope they enjoy the experience so much that they also return to council once they’ve completed their studies to enrich the region and its people with their knowledge and skills.”
    The six winners (in alphabetical order by surname) are:
    • Aakash Chatterji, from Whangārei (Te Uriroroi, Te Parawhau, Te Mahurehure ki Whatitiri, Te Taoū. Ngāti Whātua, Ngā Puhi, and Varanasi India). Diploma in Environmental Management (Level 6) at NorthTec.
    • Nehana Griffiths, from Whangārei and Dunedin (Ngāti Wai, Ngāti Rehua, Te Rarawa, Te Waiariki, Ngāti Korora, Ngāpuhi). Bachelor of Arts, majoring in History and minoring in Geography and Māori Studies at University Otago.
    • Riana Lane, from Whangārei. Bachelor of Science, majoring in Biological Science and minoring in Psychology at University of Canterbury.
    • Isaac Morrow, from Kerikeri (Te Aupōuri). Bachelor of Marine Science at University of Otago.
    • Raine Ross, from Mōtatau (Ngāti Te Tarawa, Ngāti Hine). Bachelor of Science (Environmental Science) at Massey University.
    • William Trubshaw, from Whangārei. Bachelor of Arts and Bachelor of Science conjoint, majoring in Biological Sciences and Geography, and minoring in Mathematics at University of Canterbury. 
    Ruka says the recipients will join NRC from mid-November 2025 to mid-February 2026 in the Biosecurity Partnerships, Climate Action and Natural Hazards, Hydrology, Te Tiriti Partnerships and Engagement Team, and Water Quality teams.
    More information about the scholarship and recipients is available from https://www.nrc.govt.nz/scholarship

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Red flag hoisted at Big Wave Bay Beach

    Source: Hong Kong Government special administrative region

    Red flag hoisted at Big Wave Bay Beach 
         Here is an item of interest to swimmers.
     
         The Leisure and Cultural Services Department announced today (July 22) that according to the Beach Water Quality Forecast System of the Environmental Protection Department (www.epd.gov.hk/epd/english/environmentinhk/water/beach_quality/forecast_system.htmlIssued at HKT 10:55

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Huawei beats rivals in Q2 shipments

    Source: People’s Republic of China – State Council News

    People buy smartphones at a flagship store of Huawei in Shenzhen, south China’s Guangdong Province, Sept. 11, 2023. [Photo/Xinhua]

    Huawei Technologies Co has staged a remarkable comeback, reclaiming its leading position in terms of shipments in China’s smartphone market in the second quarter, according to a latest report from market research company International Data Corp.

    This achievement marks Huawei’s return to the summit after a challenging six-year period, with shipments reaching 12.5 million units, capturing an 18.1 percent market share in the country, from April to June this year, IDC said.

    This resurgence not only disrupts the recent dominance of rival brands, but also signifies a pivotal turnaround for Huawei, demonstrating its ability to overcome significant technology restrictions and supply chain hurdles, experts said.

    Will Wong, a senior research manager with IDC’s Asia/Pacific Client Devices Group, said Huawei’s recovery can be attributed to its strong brand appeal and efficient shipment management.

    The company’s recovery is underpinned by explosive growth in specific segments. Foldable smartphone shipments surged by an impressive 240 percent year-on-year in the second quarter, while its flagship Mate series contributed over 45 percent of total shipments, highlighting a robust recovery in the premium handset market.

    Furthermore, the strength of Huawei’s ecosystem is evident as more than 900 million devices in China, including its own-branded products as well as devices from third-party companies, now run on its self-developed operating system HarmonyOS.

    The numbers validate the success of its integrated “hardware plus software plus services” strategy, said Xiang Ligang, director-general of the Zhongguancun Modern Information Consumer Application Industry Technology Alliance, a telecom industry association.

    Huawei’s return is particularly notable given the broader market context. The overall Chinese smartphone market contracted by 4 percent year-on-year in the second quarter, with total shipments reaching about 69 million units, IDC said. This decline was driven primarily by weakening consumer demand and a slowdown in growth previously fueled by government subsidies.

    However, Huawei managed to defy the downward trend despite the challenging environment, Xiang said, adding that the company’s return to the top represents a significant reversal.

    Key factors driving Huawei’s resurgence include product innovation, exemplified by the successful launch of the Mate 70 series. Featuring advanced in-house chipsets, superior imaging capabilities and HarmonyOS, the Mate 70 series attracted strong consumer demand, including loyal Huawei users upgrading and even some former Apple customers, Xiang added.

    The company once dominated the Chinese market with a share exceeding 40 percent, but faced severe setbacks following US sanctions, leading to significant market share losses, he said.

    Huawei’s relentless innovation is underpinned by its extraordinary commitment to research and development. Over the past decade, the company has invested a staggering 1.24 trillion yuan ($172.8 billion) in R&D. In 2024 alone, its R&D expenditure reached 179.7 billion yuan, representing 20.8 percent of its annual revenue. Huawei boasts a global portfolio of over 150,000 valid authorized patents, the company said.

    Looking ahead, despite this significant milestone, Huawei faces an intensely competitive landscape where rivals like Apple, Xiaomi, Vivo and Oppo continue to innovate aggressively. Maintaining its technological edge and product excellence will be critical for Huawei to retain its leadership, experts said.

    MIL OSI China News –

  • MIL-OSI China: Making a big impression

    Source: People’s Republic of China – State Council News

    A sizable asset in the making, or a liability in transition? China’s towering phenom Zhang Ziyu has turned heads at her home Asia Cup, leaving the basketball world wonder how such a unique talent could fit into the fast-paced modern game.

    Standing 2.26 meters tall (7-foot-5), with her giant presence a spectacle to behold, China’s 18-year-old center Zhang, dubbed “Baby-face Shaq” by fans, couldn’t hide from the attention at the FIBA Asia Cup in Shenzhen, Guangdong province, where her insurmountable advantage under the rim, as apparent as her weakness in mobility, agility and conditioning, was put on full display.

    China’s Zhang Ziyu (C) dwarves two Japanese opponents during a friendly in Hefei, capital of east China’s Anhui Province, June 20, 2025. (Xinhua/Zhou Mu)

    Limited by head coach Gong Luming to 14 minutes of court time per game, Zhang finished her international debut at the senior level with a team-high 15.6 points on average across five games, ranking second overall after Lebanon’s Rebecca Akl (16.5).

    Despite being triple teamed whenever she played, Zhang proved almost unstoppable near the basket, easily posting defenders up with her bulk to score free points as long as she settled deep enough in the paint.

    Her slow legs and lack of athleticism, however, took a heavy toll on her game, significantly limiting her defensive coverage and threat in offensive transition.

    As currently the world’s tallest professional female player, Zhang could only contribute 0.4 blocks and 5.6 rebounds per game in Shenzhen, ranking 18th and 14th, respectively, in two key stats that measure a post player’s impact.

    A raw talent playing the game, literally, on a level of her own, Zhang’s emergence is sure to pose a huge challenge for opponents as Team China looks to build its future around her.

    “She’s an extraordinary talent with an untapped potential, and could be a huge asset for Chinese women’s basketball if developed in the right way,” Gong said of Zhang’s performance after Team China beat South Korea 101-66 in Sunday’s bronze-medal playoff to finish third on the podium.

    “She obviously lacks experience at this level, and has so much catching-up to do to get used to the physicality and pace of the senior game.

    “Defensively, she has to improve her movement and rebounding, while, offensively, we hope she can develop a more versatile skillset and get more involved in making plays for teammates.

    “She has a long career ahead of her and a vast room for improvement. This was just her first test at the senior level, and I feel like we put way too much expectation on her, which didn’t help,” said Gong, who returned to the team just three months ago for a second stint after guiding the women’s squad to the 2001 Asia championship and 2002 Asian Games titles.

    Zhang’s current incompatibility with the fast-paced, high-intensity game was exposed in Team China’s disappointing 90-81 semifinal loss to Japan, where the host’s strength in the paint was neutralized by Japan’s run-and-gun game, which featured sharp shooting, spacing and quick transition.

    China’s slow-rotating zone defense, with Zhang settled deep down court whenever she’s in the game, allowed Japan’s teen star Kokoro Tanaka too many uncontested shots on the perimeter, where Japan hit 16 three-pointers, 10 more than China did, to upset the host in front of its home fans.

    Corey Gaines, Japan’s head coach, attributed the critical win to his team’s perfect execution of a game plan tailored against the host’s “too obvious” advantage, following two warm-up losses to Team China last month.

    Still, Zhang’s rise to stardom as a potential game-changer on the international stage will be inevitable, according to Australian legend Lauren Jackson.

    The five-time Olympic medalist said she’s been following Zhang’s game as a fan, and feels excited for her future as a star in the making following the NBA Rising Star tournament in Singapore earlier this month.

    “She’s starting to learn the women’s game after graduating from age-grade basketball, and I just hope she’s enjoying every minute, because, before too long, she is going to be the center of everybody’s attention and dominating the FIBA game,” Jackson told ESPN.

    “Obviously she’s super tall, but the way she plays, she certainly has the ability to completely dominate, purely because of her height,” said the 44-year-old former WNBA star.

    “In saying that, she’s got great touch around the ring, she can catch and she’s got a big, strong body, and has the ability to finish under pressure with three or four people hanging off her.

    “It’s exciting to think about where she’s going to go in the game, and what she’s going to do,” said Jackson, a dominant 1.98-meter center in her prime, who retired after helping Australia qualify for the Paris 2024 Olympics.

    Playing in a major home tournament as a teenager was a perfect start for Zhang, and the next big experience is something Jackson has lived and breathed herself — a potential call from the WNBA.

    The high expectations, though, could be a burden that Zhang will need some extra help and support to overcome, said Jackson, who made her major international debut for the Opals at the 1998 world championships and became a big name at the Sydney Olympics.

    “The Australian team, our coach and the team manager made an effort of trying to protect me from the media and the external pressures. In our lead-in games to Sydney, they made sure I wasn’t doing much media and things like that,” she recalls.

    “It was a very strange, surreal time, and I was ignorant to how much pressure was probably on me. I hope she has the same support as I had to help her out.”

    MIL OSI China News –

  • MIL-OSI China: Poland ready for China clash in women’s VNL Finals

    Source: People’s Republic of China – State Council News

    Poland’s middle blocker Aleksandra Gryka has emphasized that the team is well prepared for Wednesday’s game against China in the quarterfinals of the FIVB Women’s Volleyball Nations League (VNL).

    Poland beat China 3-1 in a friendly match on home ground in Radom last Saturday. The Chinese team coached by Zhao Yong will have a chance to take revenge in Wednesday’s encounter in Lodz, Poland.

    Martyna Lukasik (R) of Poland spikes the ball during the Pool 3 match between Poland and Thailand at the Women’s Volleyball Nations League (VNL) 2025 at the National Indoor Stadium in Beijing, China, June 4, 2025. (Xinhua/Luo Yuan)

    “It’s good we played against China in Radom. The game wasn’t as important as the coming match, but we could feel the atmosphere of the competition. China is a strong opponent,” Gryka told Polish media on Monday.

    “In the opening set we made too many mistakes, but then we proved we were able to beat them. On Wednesday we should stay focused from the beginning until the end. We are ready for the challenge. I’m sure the friendly game helped us in our preparations for the encounter in the Volleyball Nations League,” she added.

    Poland is preparing for a tough challenge, as it has lost all three matches against China under coach Stefano Lavarini, failing to win a single set. Two years ago, China eliminated Poland in the women’s VNL semifinals.

    “Our team has changed from that time. In the past we often fought against our weaknesses on the court. Now we’re a more experienced team. We know what it’s like to compete for high stakes,” Poland’s outside hitter Martyna Czyrnianska explained.

    The final phase of the Women’s VNL will be held from July 23 to 27.

    MIL OSI China News –

  • MIL-OSI China: Scholar: China commemorates victory against Japanese aggression, fascism to reaffirm peace commitment

    Source: People’s Republic of China – State Council News

    Scholar: China commemorates victory against Japanese aggression, fascism to reaffirm peace commitment

    Xinhua | July 22, 2025

    China’s commemoration of the victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War is not to incite hatred, but to inspire the global pursuit of peace, a senior Chinese scholar said on Monday.

    “This triumph crushed Japanese militarists’ colonial ambitions against China,” said Wang Junwei, director of the Academic and Editorial Committee of the Institute of Party History and Literature of the Communist Party of China Central Committee.

    “It also ended China’s national humiliation from repeated defeats to foreign aggression in modern times,” he added at a press conference.

    “The victory restored China’s standing as a major country, earning its people the respect from peace-loving nations,” Wang stated.

    “Critically, it fortified the Chinese people’s resolve for national independence, freedom and liberation,” the scholar told the media.

    He noted that victory in the Chinese People’s War of Resistance Against Japanese Aggression marked a historic turning point for the Chinese nation, transforming its journey from enduring significant crises to achieving great rejuvenation, and that this event is considered an integral part of the World Anti-Fascist War.

    “By condemning and exposing the aggressor’s brutal atrocities and serious catastrophes brought to the humanity, we work jointly to prevent the recurrence of such historical tragedies, securing peaceful progress for all peoples,” Wang said.

    China has designated Sept. 3 as Victory Day to commemorate the signing of the Japanese Instrument of Surrender on Sept. 2, 1945. To mark the 80th anniversary of this victory, the country will hold a military parade in Beijing on Sept. 3, along with ceremonies to confer medals, international seminars and other memorial activities.

    The Chinese People’s War of Resistance Against Japanese Aggression was fought from 1931 to 1945. It was the first major conflict and the longest-running campaign in the World Anti-Fascist War. The war resulted in over 35 million Chinese military and civilian casualties. 

    MIL OSI China News –

  • MIL-OSI Security: Survival in the Tropics: Malaysian Army Shares Essential Jungle Training with U.S. and Australian Soldiers

    Source: United States INDO PACIFIC COMMAND

    PERAK, Malaysia — Deep in the Malaysian jungle, multinational forces from the Malaysian Army, U.S. Army, and Australian Army came together during Exercise Keris Strike 25 to exchange survival knowledge, fieldcraft skills, and cultural practices vital to operating in austere environments.

    MIL Security OSI –

  • MIL-OSI Security: U.S. & Korean Forces strengthen mission-support readiness during joint training

    Source: United States INDO PACIFIC COMMAND

    OSAN AIR BASE, Republic of Korea — On July 17, 2025, the 51st Mission Support Group hosted a bilateral logistics and transportation training event with the Korean Service Corps Battalion at Osan Air Base, Republic of Korea. The training focused on establishing bed-down locations and executing cargo-handling operations to boost interoperability and contingency readiness.

    MIL Security OSI –

  • MIL-OSI Security: U.S. & Korean Forces strengthen mission-support readiness during joint training

    Source: United States INDO PACIFIC COMMAND

    OSAN AIR BASE, Republic of Korea — On July 17, 2025, the 51st Mission Support Group hosted a bilateral logistics and transportation training event with the Korean Service Corps Battalion at Osan Air Base, Republic of Korea. The training focused on establishing bed-down locations and executing cargo-handling operations to boost interoperability and contingency readiness.

    MIL Security OSI –