Australia’s breast cancer screening landscape is evolving, with innovation in imaging and complementary diagnostics driving a shift toward more personalized care. While mammography remains the cornerstone, new technologies such as lipid-based blood tests are improving detection in patients with dense breast tissue. This progress is expected to fuel steady growth in the mammography equipment market, which is forecast to grow at a compound annual growth rate (CAGR) of 7% through 2034, according to GlobalData, a leading data and analytics company
Aditi Dakshesh Parikh, Medical Devices Analyst at GlobalData, comments, “Traditional imaging systems are evolving with enhancements in resolution and diagnostic throughput. However, the next leap in screening outcomes is being driven by tests that complement imaging by adding a layer of precision, especially in patients where standard mammography has suboptimal effectiveness.”
Reflecting this paradigm shift, BCAL Diagnostics, an Australian and US-based biotechnology company, has introduced BREASTEST plus, a first-in-class blood test that utilizes liquid chromatography mass spectrometry to measure a defined panel of lipids indicative of a breast cancer-specific signature. Developed as a rule-out tool, BREASTEST plus is tailored for use in women with dense breast tissue—a group for whom mammography can sometimes yield inconclusive or false-negative results.
The test offers clinicians a new option to enhance diagnostic confidence alongside mammographic screening. By identifying patients unlikely to have breast cancer, it helps prioritize imaging resources and reduce unnecessary follow-ups.
Parikh concludes: “The fusion of lipidomic profiling with radiographic tools signifies a modification toward layered diagnostics. As the landscape of breast cancer screening continues to evolve, it enables earlier interventions and better patient outcomes through tailored approaches. This synergy is key to elevating the efficiency of breast cancer detection.”
At the recently held 2025 American Academy of Neurology (AAN) meeting, Remegen presented positive Phase III results for telitacicept in patients with AChR+ or MuSK+ generalized myasthenia gravis (gMG). The B cell-targeting therapy demonstrated a favorable efficacy and safety profile over 24 weeks, showing clinically meaningful improvement. These findings position telitacicept as a potential challenger to the existing disease-modifying therapies (DMTs), says GlobalData, a leading data and analytics company.
Telitacicept, given once weekly, demonstrated significant improvements in myasthenia gravis activities of daily living (MG-ADL) and quantitative myasthenia gravis (QMG) scores after just four weeks of treatment compared to placebo. The improvements were sustained through to week 24 of the trial. These data demonstrated that patients treated with telitacicept achieved clinically meaningful reductions in disease severity.
Telitacicept was also shown to be well-tolerated, with an overall adverse event (AE) incidence like that of the placebo group and an incidence of infection-related AEs that was lower than that of the placebo group.
Jos Opdenakker, Pharma Analyst at GlobalData, comments: “Displaying improvements in disease control, as measured by MG-ADL and QMG scores across a broad population that is seropositive for AChR or MuSK autoantibodies, is essential as most marketed therapies are indicated for AChR+ patients with gMG. As a DMT, telitacicept will be entering a highly competitive space in the market.”
According to GlobalData’s Drugs database, there are six DMTs currently marketed across the seven major pharmaceutical markets (7MM: The US, France, Germany, Italy, Spain, the UK, and Japan) for AChR+ patients. These include complement inhibitors and neonatal Fc receptor (FcRn) inhibitors, both of which are treatment pathways that are well-established in the MG treatment paradigm.
Opdenakker continues: “The late-stage pipeline (Phase IIb–III) is also crowded, with five other late-stage pipeline agents targeting both AChR+ and MuSK+ patients. Furthermore, there are also highly effective treatments for MuSK+ patients that are currently used off-label. Remegen will have to make an astute decision as to where it positions telitacicept in the MG treatment landscape.”
The key opinion leaders (KOLs) previously interviewed by GlobalData have noted that rituximab is a first-line treatment for patients who are MuSK+ and can induce complete remission in MG patients. If Remegen wants to position telitacicept as a first-line DMT for MuSK+ MG patients, it will be competing against the well-established rituximab, which is also available as a cheap biosimilar.
Opdenakker concludes: “With clinically meaningful improvements in MG-ADL and QMG scores, telitacicept offers hope for both AChR+ and MuSK+ patients. However, Remegen faces challenges as it enters a highly competitive market with established DMTs and several late-stage pipeline agents. Conducting head-to-head trials against these treatments can help telitacicept differentiate itself further. Telitacicept has the potential to become a valuable addition to the gMG treatment paradigm, offering new possibilities for disease management. Its success, however, depends on Remegen successfully navigating the complexities of market competition.”
The atopic dermatitis (AD) treatment landscape is witnessing intensified competition with several novel therapies nearing market entry. While biologics like dupilumab have already transformed care, emerging drug classes such as OX40 inhibitors are showing promise in clinical trials. Their potential for long-lasting efficacy and favorable safety profiles may significantly advance treatment options for moderate-to-severe AD patients, says GlobalData, a leading data and analytics company.
GlobalData’s report, “Atopic Dermatitis (AD) Epidemiology Analysis and Forecast to 2033,” reveals that the diagnosed prevalent cases of AD will register an annual growth rate of less than 1% during 2023-2033 across the seven major markets (7MM: The US, France, Germany, Italy, Spain, the UK, and Japan).
Following the introduction of Sanofi/Regeneron’s Dupixent (dupilumab), biologics have had a dramatic impact on the AD space, offering targeted treatments with minimal side effects to patients with AD, who have previously exhibited inadequate responses to topical or immunomodulatory treatments.
Although oral treatments such as Janus kinase (JAK) inhibitors have entered the market and are paving the way for other oral therapies, they have demonstrated a strong side-effect profile that may not allow them to have a similar impact to Dupixent. A new drug class that is currently being investigated is OX40 inhibitors, which target OX40 receptors and ligands, providing an anti-inflammatory effect.
Filippos Maniatis, Healthcare Analyst at GlobalData, comments: “OX40 inhibitors may be promising as AD treatments, as the key opinion leaders interviewed by GlobalData have shared their excitement about the effects that these drugs may bring to patients with AD. At the moment, Amgen/Kyowa Kirin’s rocatinlimab is at the forefront of OX40 inhibitors for AD, followed by Astria Therapeutics’ telazorlimab, and Sanofi’s amlitelimab, the readouts of which are highly anticipated by the community.”
Rocatinlimab has previously demonstrated significant improvement in disease severity, with a durable long-lasting effect, as seen in the Phase IIb, results. In addition, the recent topline results of one of the six Phase III clinical trials that have further reinforced rocatinlimab’s position, showing that 42.3% of patients who received a high dose met the improvement criteria of ≥75% improvement from baseline based on the Eczema Area and Severity Index (EASI-75), brings rocatinlimab closer to a potential approval for AD.
Maniatis adds: “Rocatinlimab is currently ahead of the other OX40s being investigated in AD, showing very promising results. Nevertheless, as Sanofi’s OX40 inhibitor amlitelimab is also in Phase III with a primary completion date in October 2025, it will be interesting to see what the outcomes reported for amlitelimab will be and how they compare to rocatinlimab’s studies.”
Telazorlimab, which is another OX40 inhibitor in the pipeline within AD developed by Astria Therapeutics, is currently behind on development, as its Phase IIb trial has been completed and the results have demonstrated a well-tolerated and clinically significant profile. Nevertheless, the excitement around this new drug remains, with the experts in the field awaiting further results to understand their potential positioning in the AD market.
Maniatis concludes: “OX40 inhibitors offer a new mechanism of action to a crowded market, with the potential of resulting in a shift in clinical practice. The potential long-lasting effects of these pipeline agents, as seen with rocatinlimab, and their good clinical profiles may offer a significant advancement in AD management, addressing current unmet needs and increasing the anticipation for these potential therapies in the AD market.”
TOKYO and CHICAGO, April 14, 2025 (GLOBE NEWSWIRE) — Tokyo-based Sumitomo Mitsui Trust Bank (“SuMi TRUST”), a leading trust bank, and Chicago-based GCM Grosvenor Inc. (“GCM Grosvenor”) (Nasdaq: GCMG), a leading global alternative asset management solutions provider, have announced a strategic partnership to offer clients best-in-class alternative investment products to capitalize on the attractive Japanese market demand for alternative investment solutions that add value to investment portfolios.
The strategic partnership further strengthens a long-term collaboration between the firms. The partnership will significantly expand both firms’ presence in global markets by leveraging SuMi TRUST’s strong presence in Japan and GCM Grosvenor’s decades of private markets expertise. SuMi TRUST Group collectively has one of the largest asset bases in Asia, with a particularly diverse client base in the Japanese market. The partnership aims to expand SuMi TRUST’s initiatives in private markets assets, expand the distribution of GCM Grosvenor’s private market investment products to investors in Japan, and jointly develop private markets investment products focused on Japanese markets for distribution to SuMi TRUST clients in Japan as well as to GCM Grosvenor clients globally. The two firms are targeting at least $1.5 billion of additional assets under management from the partnership by 2030.
“Our strategic plan envisions significant growth in private markets strategies through 2030,” said Futoshi Itani, Representative Director and Deputy President of SuMi TRUST. “We have a strong, long-standing relationship with GCM Grosvenor, built on trust, cultural alignment and a successful track record. They are a perfect partner to help us deliver opportunities to invest in private assets as market conditions and regulatory environments evolve. We will provide these private assets solutions to investors, through our strong and various channels.”
“We are thrilled to deepen our strong relationship with SuMi TRUST,” said Michael Sacks, Chairman and CEO of GCM Grosvenor. “Japan is a key growth market for GCM Grosvenor, with strong and growing demand for alternative investment solutions that match our firms’ investment capabilities, and SuMi TRUST is an ideal partner to capture the growth in this market together. This partnership aligns well with both firms’ strategic plans, and we are honored to be working with SuMi TRUST on this important initiative. The combination of our extensive private markets manufacturing experience and SuMi TRUST’s installed client base and distribution capabilities should enhance both of our firms’ growth rates.”
The two companies have collaborated since 2016 across private equity, credit, and infrastructure strategies. As part of this partnership, SuMi TRUST has agreed to purchase $50 million in newly issued shares of GCM Grosvenor Class A common stock and committed $100 million in the fourth quarter of 2024 to Elevate, GCM Grosvenor’s private equity seeding strategy.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About Sumitomo Mitsui Trust Bank Sumitomo Mitsui Trust Bank, Limited forms the core of SuMi TRUST Group, a listed trust bank group in Japan, which excels in numerous trust-related business areas, such as asset management and wealth management. SuMi TRUST Group collectively has one of the largest asset bases in Asia, including both assets under custody and assets under management. With a diverse client base ranging from pension funds and other financial institutions to individuals, SuMi Trust offers a wide range of investment products, including alternative investment solutions.
About GCM Grosvenor GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $80 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform. GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul and Sydney. For more information, visit: gcmgrosvenor.com.
Forward Looking Statements This press release contains forward-looking statements with respect to GCM Grosvenor under federal securities laws. All statements other than statements of historical facts contained herein, including without limitation statements regarding the expected closing of the sale of stock by GCM Grosvenor to SuMi TRUST and the strategic partnership between the parties are forward-looking statements reflecting the current beliefs and expectations of GCM Grosvenor management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements, including those included in GCM Grosvenor’s Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequent filings with the Securities and Exchange Commission. The forward-looking statements included in this press release speak only as of the date of this press release, and GCM Grosvenor does not undertake to update the statements included in this press release for subsequent developments, except as may be required by law.
TORONTO, April 14, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company“) (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for artificial intelligence networks, today announced significant new customer engagement in response to live demonstrations of the POET Teralight™ line of 1.6T transmit and receive optical engines that broke performance expectations at the 2025 Optical Fiber Communications (OFC) Conference at the Moscone Center in San Francisco, California.
POET also debuted POET Blazar™, a groundbreaking external light source (ELS) that promises to shrink costs by an order of magnitude with the potential to disrupt the AI connectivity ecosystem at a time when the industry is in need of viable new solutions.
“Blazar represents a new class of laser and is designed to drive AI connectivity to the next level. It can transform the economics of AI connectivity with an architecture that reduces costs and increases scale and manufacturing efficiency,” said Dr. Suresh Venkatesan, the Company’s Chairman & CEO. “With the massive amount of compute power that AI demands, we believe that Blazar offers an economically superior solution for co-packaged optics (CPO) applications and, more importantly, for chip-to-chip, light-based connectivity in AI clusters.”
“The period immediately following OFC is a crucial one for POET and we are seeing robust engagement with existing and new customers alike,” commented Raju Kankipati, POET’s Chief Revenue Officer. “We are laser focused on driving revenue this year and preparing for substantial revenue growth in 2026.”
About POET Technologies Inc. POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET’s Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained “Edge” computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com.
Forward-Looking Statements This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, including its Teralight and Blazar product lines, operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations regarding its successful development of high speed transceiver solutions and its penetration of the Artificial Intelligence hardware markets.
Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, the completion of its development efforts with its customers, the ability to build working prototypes to the customer’s specifications, and the size, future growth and needs of Artificial Intelligence network suppliers. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its technology to meet performance requirements, the failure to produce optical engines on time and within budget, the failure of Artificial Intelligence networks to continue to grow as expected, the failure of the Company’s products to be included in products aimed at AI and datacom networks, operational risks in the completion of the Company’s projects, the ability of the Company to generate sales for its products, and the ability of its customers to deploy systems that incorporate the Company’s products. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source: People’s Republic of China – State Council News
HAIKOU, April 14 — The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises.
This year’s expo has drawn record participation from over 4,100 brands across 71 countries and regions, reflecting the expanding international appetite for engagement with China’s vast consumer market and its evolving landscape.
The UK, this year’s guest country of honor, brought 27 companies spanning fashion, beauty, and other fields. Flagship brands like Burberry and Bentley showcased their latest offerings, with a strong emphasis on green technology and sustainable development.
“I have seen the tremendous innovation and growth taking place within China’s economy in recent years, not least in digital technologies, life sciences and green energy,” said Douglas Alexander, minister of state of the UK’s Department for Business and Trade.
These areas present significant opportunities for both economies, he said, emphasizing the UK’s commitment to deepening economic ties with China.
Burberry Greater China President Josie Zhang noted the value of the expo in facilitating foreign firms to engage with local partners. “By deepening cooperation with various stakeholders, we aim to explore new market opportunities and achieve mutual growth,” she said in a written interview with Xinhua.
Slovakia also made a notable debut with its first-ever national pavilion. Andrea Jancekova, CEO of Slovak brand Truscada, praised the expo’s global reach. “You can have a good connection also with people from all over the world.”
Slovak Deputy Prime Minister Denisa Saková highlighted the expanding trade ties between the two countries. “China is one of our most important trading partners outside the European Union,” she said. “The growing volume of trade is a testament to the strength and dynamism of our economic relationship.”
Among the newcomers was Japan’s Eda Livestock Co., Ltd., known for its premium Wagyu beef. “We plan to establish a foreign trade company in Hainan as our strategic entry point into the Chinese market,” said Rei Tanaka, the firm’s chief operating officer, who participated in the CICPE for the first time.
This year’s expo also gathered an array of top-tier global luxury brands. Richemont’s TimeVallée debuted as an independent exhibitor, while LVMH and Kering Group brands made notable appearances, reflecting confidence in China’s premium consumption growth.
“Luxury consumers in China are significantly younger than those in many overseas markets, and that presents a major opportunity for us,” said Nancy Liu, president of luxury travel retailer DFS China. The company has introduced tailored services to cater to the expectations of these emerging consumer groups.
Beyond luxury, sectors like automotive and technology are repositioning China from being a mere sales destination to a research and innovation hub.
Amid China’s technological innovation momentum, this year’s expo for the first time introduced dedicated zones for artificial intelligence and the low-altitude economy, showcasing cutting-edge technologies and products from leading tech companies around the world.
“Since 2020, Volkswagen has invested over 10 billion euros in China. In particular, we have established a research and development center in China in 2023, the largest outside Germany,” said Su Bahong, vice president of Volkswagen Group China. “This shows the trend where China is becoming the global technological innovation hub.”
SINGAPORE, April 14, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced an expanded collaboration with TransUnion, a global information and insights company, to launch the innovative Credit Hero Club in Hong Kong in Q2 2025.
This joint effort builds on the success of its pilot program in 2023, during which MoneyHero launched a free credit score-checking mobile app in collaboration with TransUnion. The expanded collaboration aims to empower consumers to understand, manage, and improve their credit health more effectively, serving as a significant growth strategy and revenue driver for MoneyHero’s core credit products in Hong Kong.
Empowering Consumers with Financial Clarity
Hong Kong’s consumer credit market surpassed HK$160 billion in outstanding balance between September 2024 and November 20241. However, access to real-time credit insights remains fragmented. Credit Hero Club aims to bridge this gap, positioning MoneyHero as the leading gateway for smarter, data-driven financial decisions. Through Credit Hero Club, consumers in Hong Kong will receive the following from the MoneyHero platform:
Obtain unlimited free access to their personal credit scores, updated monthly.
Get personalized, actionable tips to enhance their creditworthiness and financial profiles.
Benefit from tailored recommendations for credit cards, loans, mortgages, and other financial products.
In the future, consumers may be able to utilize tool, which would provide an estimated probability of acceptance for various financial products in the market for their reference.
Credit Hero Club enables consumers to make informed decisions and achieve better financial outcomes, thereby strengthening MoneyHero’s relationships with customers and financial institutions alike.
Stronger Financial Outcomes for Consumers and Institutions
“We’re excited to deepen our partnership with TransUnion following our successful pilot,” said Rohith Murthy, CEO of MoneyHero. “Credit Hero Club will significantly enhance transparency and simplicity in the consumer credit journey, driving higher user engagement and conversion rates. By empowering our customers to better manage their financial health, we are simultaneously unlocking value for financial institutions, which benefit from increased access to informed, creditworthy consumers.”
“At TransUnion, we are dedicated to empowering consumers with credit literacy to pursue important life goals,” said Terri Yang, Head of Consumer Interactive Business for Asia Pacific at TransUnion. “We are excited to expand our successful collaboration with MoneyHero, which shares our vision of enabling more consumers to take control of their credit health through financial inclusion. Together, we aim to create more opportunities for consumers by facilitating proactive credit management, ultimately helping them to gain better access to financial services and achieve more in life.”
Accelerating MoneyHero’s Growth Strategy
The launch of Credit Hero Club marks a strategic milestone for MoneyHero, reinforcing its position as a leading provider of innovative digital financial services. By delivering superior customer experiences and comprehensive credit insights, MoneyHero anticipates accelerated user acquisition, increased customer lifetime value, and stronger revenue performance across its credit product portfolio in Hong Kong.
MoneyHero Limited (NASDAQ: MNY) is a market leader in the online personal finance and digital insurance aggregation and comparison sector in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 270 commercial partner relationships as at September 30, 2024, and had approximately 7.4 million Monthly Unique Users across its platform for the three months ended September 30, 2024. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.
DALIAN, China, April 14, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”) a leading lithium-ion battery manufacturer and electric energy solution provider in China, jointly with Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (“Kandi”), a global leader in new energy innovation, today announced a strategic partnership to establish two lithium battery production facilities in the United States. Both companies are currently evaluating potential locations for the facilities. The first facility, dedicated to battery pack assembly, is scheduled for near-term development. The second, focused on battery cell manufacturing, is envisioned as a longer-term initiative that Kandi and CBAK will pursue when market conditions are conducive. Each facility will be established as a separate joint venture, with distinct ownership structures designed to align with the unique objectives and scale of each project.
This partnership underscores CBAK’s long-term commitment to its global expansion strategy. As part of this vision, CBAK is actively evaluating locations outside of China to establish new battery manufacturing capabilities. In the near term, the Company, most likely, plans to launch small-scale battery cell production in a Southeast Asian country, while jointly pursuing the development of a battery cell manufacturing facility in the U.S. with Kandi as a longer-term initiative.
By building localized production capacity for both battery cells and battery packs, CBAK and Kandi aim to address the surging demand in North America’s growing off-road and recreational vehicle markets. This collaboration not only enhances supply chain resilience, but also aligns with the clean energy incentives outlined in the U.S. Inflation Reduction Act (IRA). Collectively, these efforts position both companies to navigate evolving global trade conditions, embrace localization trends, and drive sustainable long-term growth.
As part of the collaboration, two distinct joint ventures will be established. Kandi will lead the development of the battery pack assembly facilities and hold a 90% equity stake in that joint venture. In parallel, CBAK will take the lead on the battery cell manufacturing facilities, holding a 90% equity stake in the corresponding joint venture. Leveraging their respective expertise, the two companies will jointly develop advanced, high energy density battery systems tailored to meet the specific performance demands of off-road and powersports vehicles.
To ensure a seamless production ramp-up at Kandi’s battery pack facility, CBAK will supply battery cells at market rates—initially from its planned overseas production capacity in the near term, and later from its anticipated U.S.-based facility. This approach supports the creation of an integrated, end-to-end supply chain from battery cells to complete systems.
According to market reports1, the North American market for UTVs, golf carts, and other off-road vehicles was valued at $16.7 billion in 2024 and is projected to reach approximately $25.0 billion by 2030. The partnership is well-positioned to capture a meaningful share of the battery needs of this expanding market.
Zhiguang Hu, CEO of CBAK Energy, commented, “This collaboration with Kandi reflects our shared vision to globalize advanced battery manufacturing while adapting to the evolving U.S. market. Our expertise in cell design and production will be key to establishing a reliable local supply for emerging off-road and recreational vehicle platforms.”
Feng Chen, CEO of Kandi Technologies, commented, “This partnership with CBAK marks a strategic milestone in our North American expansion. By localizing battery cell and pack production, we’re enhancing supply chain agility and aligning with U.S. clean energy policy incentives. We are positioned to meet fast-rising demand in the off-road and recreational vehicle category, creating sustainable value for our shareholders.”
Final terms are subject to definitive agreements, and project locations and timelines may change. For more information, please refer to the official filings.
About CBAK Energy CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.
For more information, please visit ir.cbak.com.cn
About Kandi Technologies Group, Inc. Kandi Technologies Group, Inc. (KNDI), headquartered in Jinhua New Energy Vehicle Town，Zhejiang Province, is engaged in the research, development, manufacturing, and sales of various vehicular products. Kandi conducts its primary business operations through its wholly-owned subsidiary, Zhejiang Kandi Technologies Group Co., Ltd. (“Zhejiang Kandi Technologies”), formerly, Zhejiang Kandi Vehicles Co., Ltd. and its subsidiaries including Kandi Electric Vehicles (Hainan) Co., Ltd. and SC Autosports, LLC (d/b/a Kandi America), the wholly-owned subsidiary of Kandi in the United States, and its wholly-owned subsidiary, Kandi America Investment, LLC. Zhejiang Kandi Technologies has established itself as one of China’s leading manufacturers of pure electric vehicle parts and off-road vehicles.
For further inquiries, please contact:
In China:
CBAK Energy Technology, Inc. Investor Relations Department Email: ir@cbak.com.cn
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1 Sources: Global Market Insights, NextMSC, and Market Research Future.
CA Shri Charanjot Singh Nanda, President, Institute of Chartered Accountants of India; Chairpersons of the Audit Committee of the Boards, MDs & CEOs of NBFCs, and Statutory Auditors of NBFCs, Executive Directors from RBI and my colleagues from the Reserve Bank of India, Ladies and Gentlemen. A very good morning to all of you.
It is an honour to address this esteemed gathering representing the key pillars of the NBFC ecosystem -CEOs entrusted with driving business responsibly, Chairpersons of Audit Committees overseeing assurance, Statutory Auditors who ensure transparency and integrity, along with regulators and supervisors committed to maintaining financial stability and fostering a sound regulatory environment. The theme of our engagement today – “Shared Vision, Shared Responsibility – Strengthening the NBFCs” – could not be more timely or relevant.
The evolution of the NBFC sector is indeed a story of entrepreneurial energy, innovation and social impact. However, as the sector grows in scale and systemic importance, so too must our efforts to reinforce its foundations. A resilient, customer-centric, and well-governed NBFC sector is a shared aspiration – and delivering on it our shared responsibility.
NBFCs have emerged as powerful engines of credit. By complementing the traditional banking system, they have significantly expanded access to credit, particularly for segments that have historically been underserved or excluded. Through innovative credit delivery models that harness technology and local insights, NBFCs have been able to design customised financial products tailored to diverse borrower needs. Their agility and close connect with customers have enabled them to play a role that is not only complementary to the role traditionally played by banks but, in many instances, catalytic in building a financial ecosystem characterised by deeper intermediation and wider opportunity.
The importance of NBFCs has only grown with time. In fact, over the past decade, their growth has consistently outpaced that of banks – a trend that has become even more pronounced in the last few years. This rapid growth is a testament to the sector’s relevance and resilience – but it also raises the stakes. As NBFCs become more systemically important, the standards of governance, risk management, and customer treatment must rise accordingly.
Understanding the Risks- Need for Responsible Innovation
The business model of NBFCs – while effective – comes with its own set of structural risks. Their funding is short-term as compared to the maturity of their lending or is directed towards higher-risk customer segments.
This maturity and credit transformation is at the heart of the NBFC model – but it also demands a heightened focus on risk management. If not carefully managed, it can create vulnerabilities, especially during periods of market stress or liquidity shocks.
Risk-taking must be intelligent and well planned, and never beyond the risk absorption capacity of the entity concerned. Liquidity and credit risks must be rigorously assessed and managed. Asset-liability mismatches, nature and tenor of the funding sources, and concentration risks all need board-level oversight which should be ably supported by robust internal controls.
Growth with Fairness: Customer-Centricity is Non-Negotiable
Most importantly, even as we pursue scale, speed, and profits, we must not lose sight of fairness to the customer – that is the cornerstone of a sustainable business model. The NBFC sector must live up to its promise of inclusion by treating customers with dignity, transparency, and care. This entails ensuring transparent and easy-to-understand pricing, free from hidden charges or usurious interest rates. In instances of default, recovery practices must be conducted in an empathetic and respectful manner.
Unfortunately, some NBFCs think they can pursue a business model where it is par for the course to resort to weak underwriting in pursuit of quick growth, coupled with excessive and unsustainable interest rates – at times masked as upfront charges or processing fees – which is followed by aggressive recovery practices upon default. Let me state unequivocally: this is not an acceptable model. Financial inclusion cannot be used as a pretext for financial exploitation. I urge each one of you to commit your institutions to upholding fairness in all your dealings.
This responsibility for fair conduct is shared commitment by the CEO, the Board, and assurance functions in any entity. A customer-centric culture must be driven from the top and embedded at all levels.
How do we ensure that our shared vision is realised, and our collective responsibilities are fulfilled? One of the most effective ways is by strengthening both internal and external assurance mechanisms.
Strengthening Oversight: the Role of Audit Committee
Let me begin with the Audit Committee of the Board (ACB). Far from being a routine compliance requirement, the ACB is the lynchpin of institutional oversight and long-term financial health. It plays a critical role in reinforcing governance, guiding management on assurance, and ensuring the integrity of internal control systems. When functioning effectively, it becomes a proactive forum for identifying vulnerabilities and initiating timely corrective actions.
The role of the Audit Committee Chairperson is particularly significant in setting the tone for effective governance. It is essential that committee meetings are held regularly, conducted with clear purpose, and thoroughly documented to ensure accountability and follow-through.
The effectiveness of the Committee is in the substance of its deliberations. The ACB must actively monitor the adequacy and functioning of internal control systems – not merely to confirm their presence, but to ensure they are operating effectively in practice. Similarly, audit observations should not remain confined to meeting minutes; they must translate into timely and meaningful corrective actions. A strong ACB also tracks audit findings and ensures that corrective measures are implemented without delay.
Equally important is the establishment of an effective whistleblower mechanism overseen by the Board or the ACB which empowers employees and grants them anonymity, to report unethical or non-compliant behaviour, without fear of reprisal.
CEOs too have a crucial role in upholding the integrity of financial reporting. They must actively deter any attempts-whether deliberate or cleverly disguised-to misapply accounting standards or regulatory provisions. It is equally important to foster an environment where the Chief Financial Officer and Head of Internal Audit feel empowered to engage in open, honest, and transparent dialogue with the Audit Committee of the Board.
The Crucial Role of Statutory Auditors
Now let me come to the role of Statutory Auditors, who are an indispensable part of the assurance ecosystem. In fact, the role of auditors has never been more critical – not merely in checking compliance, but in upholding trust. And trust, once lost, is hard to rebuild.
Auditors are expected to provide an independent, professional opinion on whether the financial statements present a true and fair view of the NBFC’s financial position and comply with regulatory and accounting standards. However, in today’s complex and dynamic environment, this is no longer enough.
Recent incidents – both in India and abroad – have shown that traditional financial audits must evolve. Auditors must bring technical expertise, forensic insight, and an ethical lens to their work. Red flags must not be ignored. Complex structures, derivatives, off-balance sheet items, related party transactions, and provisioning policies must be closely examined.
Facilitative Role of Regulators and Supervisors
As regulators and supervisors, we shoulder a dual responsibility – to safeguard stability and discipline, while also fostering an environment that encourages innovation, inclusion, and sustainable growth. Contrary to perception in certain quarters, our approach actively seeks to strike the right balance. At the Reserve Bank of India, we are acutely aware that regulation is not merely about control; it is about enabling responsible financial intermediation within a well-defined and transparent framework. Several initiatives in recent years reflect this facilitative and proportionate approach to regulation. In my previous role as a commercial banker, I had the fortuitous opportunity to be closely associated with one such initiative -the Regulations Review Authority 2.0 – which reinforced the RBI’s strong commitment to easing the regulatory burden and streamlining compliance without compromising regulatory objectives.
The regulatory framework for NBFCs has evolved in the recent years with this understanding – gradually moving toward greater harmonisation with banks where warranted, while still preserving operational flexibility suited to the unique role NBFCs play in the financial system. The introduction of the scale-based regulatory framework explicitly recognises that the intensity of regulation and supervision must be proportionate to systemic importance. At the same time, the regulatory architecture encourages the development of responsible innovation and healthy competition in the sector.
Similarly, the role of the supervisor has also become more interactive and forward-looking. It is not just about identifying compliance breaches after the fact, but about engaging with entities to strengthen internal systems, enhance governance, and build resilience against emerging risks. Through onsite inspections, offsite surveillance, thematic reviews, and structured engagements, the supervisory process aims to be a partner in the financial sector’s long-term soundness – not an impediment to its progress.
Conclusion
Our shared vision is clear: a dynamic, inclusive, and trusted NBFC sector that complements the banking system and serves the evolving needs of the Indian economy. And the way to achieve it is through shared responsibility – in governance, in customer protection, in financial prudence, and in ethical conduct.
We in the regulatory community stand committed to supporting this journey. Our intent is not to stifle innovation but to ensure that growth is sustainable, risks are well-managed, and customer trust is never compromised. On behalf of the RBI, I can assure you that as regulators and supervisors we will remain committed to playing our part, not just as watchdogs, but as enablers of a robust, inclusive, and future-ready financial ecosystem.
This conference gives us an opportunity to reflect on how we can contribute to this shared agenda. Whether making strategic decisions, chairing audit committees, or signing off on financials, drafting regulations or conducting supervision – we are shaping the sector’s future.
Therefore, let us work together – with clarity of purpose and unity of action – to build a stronger, fairer, and more resilient NBFC ecosystem. Wealth creation should not just be for personal or institutional gain but to support the community, reflecting a sense of shared responsibility amongst all of us, in our pursuit to achieve an inclusive growth for all and realise the vision of Viksit Bharat 2047.
With this I wish you all fruitful and enriching deliberations over the course of this conference and look forward to the ideas and insights that will emerge in pursuit of our shared vision. Thank you for this opportunity and wish you all good luck, Jai Hind!
Source: People’s Republic of China – State Council News
HANOI, April 14 — Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, attended here on Monday a welcome ceremony held by To Lam, general secretary of the Communist Party of Vietnam Central Committee.
Secretary-General of ASEAN, Dr. Kao Kim Hourn, this afternoon delivered a special lecture on ‘ASEAN-Japan Comprehensive Strategic Partnership: Peace, Prosperity, and People’ at the Kansai University.
In his speech, Dr. Kao outlined the deep and dynamic partnership between ASEAN and Japan which has grown over the past 50 years. He also reinforced the importance of youth engagement in addressing future challenges, encouraging young people to engage in cultural exchanges and collaborative initiatives.
Ultimately, Dr. Kao encouraged the next generation to take an active role in enhancing this partnership and to leverage their potentials as changemakers in shaping a more inclusive, sustainable future for both ASEAN and Japan.
Download the full remarks here.
The post Secretary-General of ASEAN delivers special lecture at Kansai University in Japan appeared first on ASEAN Main Portal.
News Release – DOH Reports Sixth Travel-Related Dengue Virus Case of 2025
Posted on Apr 11, 2025 in Latest Department News, Newsroom
STATE OFHAWAIʻI
KA MOKU ʻĀINA OHAWAIʻI
DEPARTMENT OFHEALTH
KA ʻOIHANAOLAKINO
JOSH GREEN, M.D. GOVERNOR
KE KIA‘ĀINA
KENNETH S. FINK, M.D., MGA,MPH DIRECTOR
KA LUNAHO‘OKELE
DOH REPORTS SIXTH TRAVEL-RELATED DENGUE VIRUS CASE OF 2025
FOR IMMEDIATERELEASE
April 11, 2025 25-035
HONOLULU — The Hawai‘i Department of Health (DOH) has confirmed a new travel-related case of dengue virus on Oʻahu, bringing the total number of dengue cases to six in the state in 2025 (one on Maui, five on Oʻahu). The affected individual in this current case was exposed to the virus while traveling in a region where dengue is common. This case is unrelated to the dengue case previously reported on April 10, 2025.
DOH teams have been deployed to conduct inspections and implement mosquito control measures in the affected area. The public is encouraged to follow best practices to help prevent local transmission, as outlined below.
Dengue virus is transmitted from an infected person to a mosquito, and then to another person. While Hawai‘i is home to the mosquitoes that can carry dengue, the disease is not endemic (established) in the state, and cases are currently limited to travelers. Several regions worldwide are experiencing higher-than-usual dengue activity.
Dengue outbreaks occur in many parts of the world, including Central and South America, Asia (including the Republic of the Philippines), the Middle East, Africa, and several Pacific Islands, such as U.S. territories like American Samoa, the Federated States of Micronesia, the Republic of the Marshall Islands and the Republic of Palau. Many popular tourist destinations in the Caribbean, including Puerto Rico, are also affected.
In 2024, there were 16 travel-related cases of dengue reported in the state of Hawaiʻi. Cases reported travel to the following countries prior to symptoms onset: Brazil, Argentina, Costa Rica, El Salvador, Guatemala, Mexico, Puerto Rico, Honduras, Indonesia, Thailand, Japan, Philippines and India. All destinations listed are areas where dengue is known to be endemic.
Anyone who plans to travel to or has recently visited an area with dengue risk is vulnerable to infection. The Centers for Disease Control and Prevention (CDC) advises travelers to take standard precautions when visiting such areas. This includes using an Environmental Protection Agency (EPA)-registered insect repellent, wearing long-sleeved shirts and long pants outdoors, and sleeping in air-conditioned rooms, rooms with window screens, or under insecticide-treated bed nets. Some countries are reporting increased dengue cases, so travelers should review up-to-date country-specific travel information for guidance on dengue risk and prevention measures at least four to six weeks before traveling.
Travelers returning from dengue-endemic areas should take precautions to prevent mosquito bites for three weeks. If dengue symptoms develop within two weeks of return, travelers should seek medical evaluation.
Symptoms of dengue can range from mild to severe and include fever, nausea, vomiting, rash and body aches. Symptoms typically last two to seven days, and while severe illness can occur, most people recover within a week. Individuals who have recently traveled and are experiencing these symptoms should contact their healthcare provider.
In areas with suspected or confirmed dengue cases, DOH personnel from the Vector Control Branch (VCB) are conducting inspections and mosquito-reduction activities. Reducing mosquito populations lowers the risk of dengue transmission to others. In areas without reported dengue cases, eliminating mosquito breeding sites around the home is a helpful preventive measure.
Mosquitoes need only small amounts of standing water to breed. Common breeding sites include buckets, water-catching plants (such as bromeliads), small containers, planters, rain barrels and even cups left outside. Pouring out containers of standing water can significantly reduce the potential for mosquito breeding.
For more information, visit the Disease Outbreak Control Division (DOCD) and Vector Control Branch (VCB) websites.
VICTORIA, Seychelles, April 14, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, Bitget ended the first quarter of 2025 with $2.08 trillion in total trading volume, driven by a sharp 159% increase in spot trading, which reached $387 billion. The spike came amid heightened market participation and sustained momentum across new listings and core product lines.
User growth remained strong. Bitget added 4.89 million users on its CEX platform and 15 million users on Bitget Wallet in Q1 alone, bringing the platform’s global user base to over 120 million—a nearly 20% rise. Bitget’s native token, BGB, had a volatile but net-positive quarter. The period also saw the introduction of a refreshed roadmap for BGB, outlining expanded utility in staking, Launchpad participation, and integrations with new DeFi ecosystems. A quarterly burn schedule remains in place to manage supply-side pressures.
Security stayed front and center, especially after a record-breaking $2.1 billion was lost to crypto hacks industry-wide. Bitget transferred nearly $100 million in ETH to Bybit after its breach, a move that signaled a rare but critical exchange-to-exchange alignment in times of crisis. Meanwhile, Bitget’s Proof-of-Reserves consistently exceeded the 130% mark through Q1. Its Protection Fund grew from $495 million in January to $514 million by March, tracking a cautious yet upward trend in asset reserves.
“This quarter’s performance shows the value of staying agile in a volatile environment. In the next quarter, we will continue to focus on institutional-grade infrastructure and double down on expanding its Web3 presence through our ecosystem. Compliance remains a key pillar as the exchange navigates tighter global oversight while staying anchored to its core ethos: helping users trade smarter,” said Gracy Chen, CEO at Bitget.
Beyond product performance, Bitget broadened its global footprint through on-ground events and targeted initiatives. It entered motorsports by sponsoring Brazilian driver Flávio Sampaio in the 2025 Porsche Carrera Cup and hosted Ramadan-focused gatherings across MENA and Asia. Over 60,000 meals were distributed during the holy month through donations from local partners.
The Blockchain4Her initiative, launched in 2024 with $10 million earmarked for long-term deployment, marked its first anniversary. The program welcomed three new ambassadors and ran activations in Southeast Asia and Eastern Europe aimed at onboarding more women into Web3.
Bitget also advanced its infrastructure and integrations. AI-backed trading tool Bitget Seed was introduced to identify and list early-stage tokens with strong on-chain signals. Integrations with Zen and Callpay improved fiat onramps across Europe and South Africa. BGB’s liquidity expanded further through Morph Chain and Bulbaswap.
Bitget continues to scale its infrastructure, onboard new users, and optimize for resilience. With a robust user pipeline, rising token activity, and new partnerships in motion, the platform is set for another strong quarter.
For the full Q1 2025 full report, please visit here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Risk Warning:Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Source: Hong Kong Government special administrative region
Analytical Accounts of Exchange Fund Foreign assets, representing the external assets of the Exchange Fund, decreased during the month by HK$24.0 billion to HK$3,415.9 billion.
The Monetary Base, comprising Certificates of Indebtedness, Government-issued currency notes and coins in circulation, the balance of the banking system and Exchange Fund Bills and Notes issued, amounted to HK$1,977.1 billion.
Claims on the private sector in Hong Kong amounted to HK$342.3 billion.
Foreign liabilities amounted to HK$30.7 billion.
The analytical accounts of the Exchange Fund are released in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS) and are referred to as the Analytical Accounts of the Central Bank under SDDS (Annex).
At present, four press releases relating to the Exchange Fund’s data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund’s SDDS. The fourth press release, on the Exchange Fund’s Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA’s policy of maintaining a high level of transparency. For the month of April 2025, the scheduled dates for issuing the press releases are as follows:
April 7 (Issued)(Hong Kong’s Latest Foreign Currency Reserve Assets Figures) (Analytical Accounts of the Exchange Fund) Foreign Currency Liquidity Currency Board Account Issued at HKT 16:30
Source: Hong Kong Government special administrative region
Jointly organised by the Film Programmes Office, the Hong Kong Space Museum and the Hong Kong Science Museum of the Leisure and Cultural Services Department, “Sci-Fi, Sci-Talk” will feature two popular sci-fi films, “Interstellar” (2014) and “A.I. Artificial Intelligence” (2001), which will be screened free of charge at the Lecture Hall of the Hong Kong Space Museum at 2pm on April 20 and 21 respectively, leading audiences to reflect on the impact of technological advancements on human life.
Astrophysicist and Associate Professor of the Department of Science and Environmental Studies of the Education University of Hong Kong, Professor Chan Man-ho, and Research Professor of the Department of Mechanical and Automation Engineering of the Chinese University of Hong Kong and Principal Investigator of the CUHK Jockey Club AI for the Future Project, Professor Yam Yeung, have been invited as guest speakers for post-screening talks respectively to explore the scientific knowledge behind the films.
In “Interstellar”, the protagonist, Cooper, is pulled into a black hole while on a mission searching for habitable planets for humankind. He accidentally enters a five-dimensional space created by future humans, where he communicates with his daughter on Earth using gravity and helps her achieve a plan to save humanity. The film visually presents scientific concepts such as relativity, black holes and wormholes on the screen, allowing the audience to experience the wonder of science through the story.
In “A.I. Artificial Intelligence”, directed by Steven Spielberg, a robotic boy named David, endowed with genuine human emotions, is adopted by a human, Monica, as a replacement for her seriously ill son. Following her own son’s recovery and return home, David desperately searches for a way to become a real human in the hope of regaining Monica’s motherly love and care. The film profoundly explores the relationship between love, humanity and technology, making it a classic in the genre of sci-fi films featuring robots.
Both films are in English with Chinese subtitles.
Admission is free on a first-come, first-served basis. For programme enquiries, please call 2734 2900 or visit www.lcsd.gov.hk/fp/en/listing.html?id=74. “Sci-Fi, Sci-Talk” is one of the programmes of HK SciFest 2025 held by the Hong Kong Science Museum from April 18 to 27. For details about HK SciFest 2025, please visit the website at www.hk.science.museum/scifest2025/?lang=en.
The Department of Justice is observing the 135th birth anniversary of Dr. B.R. Ambedkar here today, to honor the legacy of one of India’s foremost politicians, jurists, and social reformers.
Dr. B.R. Ambedkar was Born on 14th April 1891, dedicated his life to the fight against social discrimination and worked tirelessly to secure equal rights for women, laborers, and marginalized communities. His vision laid the foundation for a just and inclusive society, as reflected in the Constitution of India, which he was instrumental in drafting.
Ambedkar Jayanti, also known as Equality Day, commemorates Dr. Ambedkar’s invaluable contributions to social justice and the rule of law. In recognition of his enduring legacy, 14th April 2025 has been declared a public holiday across India.
This day serves not only to remember Dr. Ambedkar’s monumental contributions to society and the Constitution but also as a call to uphold the principles he championed—equality, justice, and dignity for all.
This day holds great significance in honouring the remarkable contributions of Baba Saheb Dr. B.R. Ambedkar to our nation, particularly in the fields of social justice, equality, and the drafting of the Indian Constitution.
To commemorate his birth anniversary, a special event was successfully organized, presided over by Shri Arjun Ram Meghwal, Union Minister of State (Independent Charge) for Law and Justice. The event was also graced by the presence of the Secretary (Justice), Senior officers, and the officials/staff of the Department of Justice.
Source: Hong Kong Government special administrative region
Following is the speech by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at the World Internet Conference (WIC) Asia-Pacific Summit – Main Forum on the Digital Intelligence Future today (April 14):
Vice-chairman Francis Gurry (Vice-chairman of the WIC), Secretary General Ren Xianliang (the Secretary General of the WIC), distinguished guests, ladies and gentlemen,
Good afternoon. Again welcome to Hong Kong.
Under the theme of “Integration of AI and Digital Technologies Shaping the Future – Jointly Building a Community with a Shared Future in Cyberspace”, this Summit brings together experts and leaders to explore the establishment of a solid foundation for digital intelligence, the advancement of “AI+” applications across diverse industries, and the resolution of critical challenges in security and governance in the digital era. These areas are pivotal for every economy to fully unlock the potential of the digital economy, drive technological progress and enhance economic competitiveness.
Today, digital intelligence is no longer confined to predictive algorithms or data-driven decision making. It is augmenting human capabilities and redefining governance, commerce, and communication. More importantly, the future will be determined not only by how fast AI and machines learn, but also by how well we, the humanity, adapt and integrate these intelligent systems into our daily lives.
Hong Kong has long benefited from the unwavering support of our motherland in its journey to become an international innovation and technology (I&T) centre. The national strategies have prioritised technological innovation as a core pillar of development, showcasing substantial support for Hong Kong’s progress in this area. The Government of the Hong Kong Special Administrative Region (SAR) has made significant investments in various forms of infrastructure to strengthen the foundation for local I&T development and foster technological innovation.
Among all, a key priority is to reinforce Hong Kong’s strong R&D (research and development) capabilities, with three local universities ranked among the world’s top 20 for data science and AI in the QS 2025 subject rankings. Our global research collaboration platform, the InnoHK Research Clusters, has established collaborations with more than 30 world-renowned universities and research institutes from 12 economies, brought together more than 2,500 researchers from home and abroad, and established a total of 30 InnoHK research laboratories, more than half of which focus on AI and robotics-related technologies.
In addition to the AI Supercomputing Centre (AISC) established by Cyberport in December last year, the Hong Kong Microelectronics Research and Development Institute, which focuses on third-generation semiconductor core technology, is crucial to powering AI systems. Looking ahead, we are preparing to establish the Hong Kong AI Research and Development Institute, which will focus on supporting upstream R&D efforts and facilitating the transformation of R&D outcomes into practical applications, marking another significant step forward in Hong Kong’s innovation journey.
More than just a transformative tool for upgrading traditional industries, AI is a dynamic catalyst for innovation and reinvention. The concept of “AI+”, signifying the seamless integration of AI into various sectors, is bringing about unprecedented breakthroughs and unlocking new opportunities. Hong Kong has firmly grasped this potential to accelerate the development of new quality productive forces and enhance its global competitiveness by intensifying our efforts to promote new industrialisation.
To this end, the Hong Kong SAR Government has implemented targeted initiatives to assist local manufacturers in adopting smart technologies, advancing production processes and enhancing productivity. For example, the $10 billion New Industrialisation Acceleration Scheme provides financial support to enterprises in fields such as AI, robotics, life and health technology, new energy and advanced manufacturing to set up new smart production facilities in Hong Kong.
Furthermore, a $10 billion Innovation and Technology Industry-Oriented Fund is about to be set up to channel more market capital to invest in emerging and future industries of strategic importance. We will also launch the I&T Accelerator Pilot Scheme to attract professional start-up service agencies to enrich Hong Kong’s start-ups ecosystem by leveraging their extensive business network and experience.
While the integration of AI across industries is propelling innovation and growth, the exponential growth of digital intelligence demands a new framework – one built on ethical responsibility, robust security, and inclusivity. No single economy or industry can tackle these challenges alone. As we discuss how to build a robust foundation for digital intelligence, let us not forget to embrace collaborative intelligence – the synergy between human ingenuity and artificial advancements, and strengthen cross-regional, cross-sector and cross-cultural collaboration to ensure that technology amplifies human potential rather than replacing it. This is the truly unbreakable foundation of digital intelligence.
Being Asia’s world city and a strategic hub for digital innovation, Hong Kong will continue to contribute its I&T power to promote collaboration and innovation across the Asia-Pacific region, and the world. As we reflect on the transformative power of AI and digital technologies, let us continue to work together to break new ground, transcend boundaries and borders, and contribute to the betterment of humanity.
Before I close, I would like to express my sincere gratitude to each and every one of you for your unwavering support and commitment in making the WIC Asia-Pacific Summit a meaningful and impactful experience. Thank you very much.
Student Mental Health in Focus as National Efforts Intensify on Suicide Prevention and Well-being Ministry of Education Convenes 2nd National Task Force Meeting Chaired by Hon. Justice (Retd.) S. Ravindra Bhat
Posted On: 14 APR 2025 2:44PM by PIB Delhi
The 2nd meeting of the National Task Force on the Mental Health Concerns of Students and the Prevention of Suicides in Higher Educational Institutions was held under the chairmanship of Justice S. Ravindra Bhat, former judge of the Supreme Court of India, in New Delhi today.
Members of the Task Force; Dr. Vineet Joshi, Secretary, Department of Higher Education, Ministry of Education; Shri Amit Yadav, Secretary, Department of Social Justice & Empowerment; Shri Anil Malik, Secretary, Ministry of Women and Child Development; senior officials of the Ministry of Education, Ministry of Law and Justice and Ministry of Health & Family Welfare attended the meeting.
During the meeting, actions taken so far were reported and discussed in detail. Agenda points included developing a portal/website for data collection; reports and regulations/guidelines; dissemination of questionnaires; gathering support from different sectors; onboarding of officers from DoSEL and MoHFW; coordination with institutions and NIEPA, among others.
The Supreme Court of India, in a judgment dated 24.03.2025, issued significant directions concerning the prevention of student suicides in higher education institutions. The judgment underscored the urgent need for comprehensive measures to address mental health concerns among students. The Supreme Court constituted a National Task Force under the chairmanship of Justice S. Ravindra Bhat, former judge of the Supreme Court of India, along with other experts from various domains as members, to discuss and deliberate on issues related to mental health concerns among students, the prevention of suicides in educational institutions, and to recommend preventive measures. The key areas of focus include:
i. Identifying predominant causes leading to student suicides, such as academic pressure, discrimination, financial burdens, and the stigma surrounding mental health.
ii. Analyzing the effectiveness of existing student welfare and mental health regulations/policies.
iii. Proposing reforms to strengthen institutional frameworks and create a supportive academic environment.
The composition of the National Task Force is as follows:
Justice S. Ravindra Bhat, Former Judge, Supreme Court of India, as the Chairperson;
Dr. Alok Sarin, Consultant Psychiatrist, Sitaram Bhartia Institute of Science & Research, New Delhi, as the Member;
Prof. Mary E. John (retired), Former Director, Centre, for Women’s Development Studies, New Delhi; as the Member;
Mr. Arman Ali, Executive Director, National Centre for Promotion of Employment for Disabled People; as the Member;
Prof. Rajendar Kachroo, Founder, Aman Satya Kachroo Trust; as the Member;
Dr. Aqsa Shaikh, Professor of the Department of Community Medicine in Hamdard Institute of Medical Sciences and Research, New Delhi; as the Member;
Dr. Seema Mehrotra, Professor of Clinical Psychology, NIMHANS; as the Member;
Prof. Virginius Xaxa, Visiting Professor at the Institute for Human Development (IHD), New Delhi; as the Member;
Dr. Nidhi S. Sabharwal, Associate Professor, Centre for Policy Research in Higher Education, National University of Educational Planning and Administration, New Delhi; as the Member;
The following are the ex-officio members of the Task Force:
Secretary, Department of Higher Education, M/o Education, Govt. of India, as the Member Secretary
Secretary, Department of Social Justice & Empowerment, Ministry of Social Justice & Empowerment, Government of India;
Secretary, Ministry of Women and Child Development, Government of India;
Secretary, Department of Legal Affairs, Ministry of Law and Justice, Government of India; and
Joint Secretary, Department of Higher Education, M/o Education – Convenor.
The Task Force has decided to form three working groups each looking after different tasks. Progress of working groups so far was discussed. This includes compiling and reviewing previous reports, examining existing laws and regulations, and developing a methodology for designing questionnaires.
The first meeting of the Task Force was virtually held on 29.03.2025, in which the Chairperson outlined the agenda of the meeting highlighting the need for collection of data from various stakeholders which included teachers, academics, persons involved in social sector, policy makers, formulation of diverse set questionnaires for collection of data from various stakeholders, making available resources for the task force for effective discharge of its time bound functions, formation of working groups for division of works, dissemination and publicity of the questionnaires and activities to be taken up by the task force etc.
Centre frames draft rules for Gas Meters under the Legal Metrology (General) Rules, 2011 Rules mandates gas meters to undergo testing, verification and stamping prior use in trade and commerce
Posted On: 14 APR 2025 12:40PM by PIB Delhi
The Department of Consumer Affairs, Government of India, has taken a significant step towards strengthening consumer protection, promoting fair trade practices and ensuring accurate measurement in gas usage by framing draft rules for Gas Meters under the Legal Metrology (General) Rules, 2011. These rules make it mandatory for all gas meters used for domestic, commercial, and industrial purposes, to undergo testing, verification and stamping prior to their use in trade and commerce. The re-verification of these gas meters is also prescribed under the rules to ensure their correctness when these are in use.
The primary objective of these new rules is to ensure accuracy, transparency, and reliability in the measurement of gas. Verified and stamped gas meters will prevent overcharging or under-measurement, reduce disputes and provide guaranteed protection to consumers against faulty or manipulated devices. Consumers stand to benefit directly through fair billing, improved energy efficiency and reduced maintenance costs arising from standardized and compliant equipment.
In addition to consumer benefits, the rules provide a structured compliance framework for manufacturers and gas distribution companies, aligned with international best practices and OIML (International Organization of Legal Metrology) standards. This alignment strengthens India’s commitment to global standards, boosts credibility in international trade and encourages innovation and quality assurance within the domestic manufacturing ecosystem.
The Legal Metrology Division of the Department of Consumer Affairs, entrusted with ensuring the accuracy of all weighments and measurements has followed a thorough and inclusive consultative process to draft these rules. A technical committee consisting of representatives from the Indian Institute of Legal Metrology (IILM), Regional Reference Standard Laboratories (RRSLs), industry experts and Voluntary Consumer Organizations (VCOs) was constituted to frame the draft. Simultaneously, the Bureau of Indian Standards (BIS) was engaged to examine the draft and provide scientific and technical inputs.
Draft rules were widely circulated among stakeholders, including manufacturers, testing laboratories, City Gas Distribution (CGD) companies and State Legal Metrology Departments. Their feedback was carefully analysed and incorporated into the final draft, wherever required. Multiple rounds of stakeholder meetings and inter-departmental consultations were held to ensure every aspect was comprehensively addressed, balancing regulatory requirements with ease of implementation.
Following deliberations, the rules were finalized with a provision for a transitional period to allow industry and implementing authorities to prepare for compliance. This measured approach ensures a smooth implementation across the country without disrupting gas supply or burdening consumers or businesses.
This initiative underscores the Department’s commitment to modernizing India’s measurement ecosystem in line with global benchmarks, enhancing consumer confidence and promoting efficiency and integrity in the market. With these rules, India moves closer to a transparent and accountable system of gas measurement, aligned with its vision of consumer-centric governance and international standardization.
Union Home Minister and Minister of Cooperation, Shri Amit Shah, says the Modi govt is rooting out drug networks ruthlessly In the ceaseless pursuit of building a drug-free Bharat, a monumental feat was achieved by seizing 300 kg of narcotics worth ₹1800 crore near the international maritime border
This operation, in the seas, is a shining example of the success of the Modi govt’s whole-of-the-government approach to rooting out the evil of narcotics
Home Minister applaud Gujarat Police ATS and Indian Coast Guard for the grand success
Posted On: 14 APR 2025 12:35PM by PIB Delhi
Union Home Minister and Minister of Cooperation, Shri Amit Shah, has said that the Modi government is rooting out drug networks ruthlessly.
In a post on ‘X’, Union Home Minister said, “In the ceaseless pursuit of building a drug-free Bharat, a monumental feat was achieved by seizing 300 kg of narcotics worth ₹1800 crore near the international maritime border. This operation, in the seas, is a shining example of the success of the Modi govt’s whole-of-the-government approach to rooting out the evil of narcotics. Applaud Gujarat Police ATS and Indian Coast Guard for the grand success”.
The Modi govt is rooting out drug networks ruthlessly.
In the ceaseless pursuit of building a drug-free Bharat, a monumental feat was achieved by seizing 300 kg of narcotics worth ₹1800 crore near the international maritime border. This operation, in the seas, is a shining…
The Prime Minister Shri Narendra Modi today called upon citizens to reaffirm their commitment to Babasaheb Ambedkar’s ideals in building a Viksit Bharat. Responding to a post by Raksha Mantri Shri Rajnath Singh on X, Shri Modi said:
“Raksha Mantri Shri @rajnathsingh writes that Babasaheb was one of modern India’s greatest thinkers and institution-builders. He recalls Dr. Ambedkar’s role in establishing key institutions and calls upon citizens to reaffirm their commitment to his ideals in building a Viksit Bharat.”
Raksha Mantri Shri @rajnathsingh writes that Babasaheb was one of modern India’s greatest thinkers and institution-builders. He recalls Dr. Ambedkar’s role in establishing key institutions and calls upon citizens to reaffirm their commitment to his ideals in building a Viksit… https://t.co/VpgWVchCcR
Source: Hong Kong Government special administrative region
Music Office’s Instrumental Music Training Scheme intermediate and advanced year-one courses start recruitment The IMTS provides training in a wide variety of Chinese, string and wind musical instruments including dizi, sheng, suona, liuqin, yangqin, pipa, zhongruan, zheng, sanxian, erhu, cello, double bass, percussion, violin, viola, harp, flute, clarinet, oboe, bassoon, alto-saxophone, trumpet, french horn, trombone, euphonium and tuba. Courses on musicianship and music theory are also included.
One-hour group lessons, conducted in Cantonese, will be held once a week at the Music Office’s five music centres in Wan Chai, Kwun Tong, Mong Kok, Sha Tin and Tsuen Wan. Annual tuition fees of $4,554 for the intermediate level and $5,830 for the advanced level are payable in four instalments.
Source: Hong Kong Government special administrative region
Appeal for information on missing man in Western District (with photo) He is about 1.7 metres tall, 80 kilograms in weight and of fat build. He has a round face with yellow complexion and short black hair. He was last seen wearing a dark-coloured jacket, a dark-coloured long-sleeved top, dark-coloured trousers and carrying a grey backpack.Issued at HKT 14:53
Source: Hong Kong Government special administrative region
Hongkong Post announces sale of philatelic products of various postal administrations China Post issued a set of two special stamps titled “Year of Yisi”. The first stamp, “Snake Presents Bumper Harvest”, captures the vibrant imagery of a golden coiling snake in traditional Chinese culture. The golden snake, holding an ear of wheat in its mouth, symbolises a good harvest and an affluent life. The second stamp, “Happiness Embraces All Blessings”, depicting the cursive-script Chinese character “福” (fu, meaning “happiness”) formed by three snakes, is an innovative piece of work that is concise and untrammelled, with a sense of gracefulness and smoothness. Macao Post and Telecommunications released the sixth issue of the fourth series of Chinese Zodiac philatelic products with the stamp theme “Lunar Year of the Snake”. The stamps vividly depict snakes in different postures in the style of traditional Chinese ink painting.
In addition, postal administrations around the world continue the tradition of issuing zodiac stamps to welcome the Year of the Snake. Australia Post launched a set of three stamps entitled “Lunar New Year of the Snake”. The three stamps are decorated with, respectively, gold coins, gold ingots and a money tree, which are feng shui elements representing wealth and prosperity. Isle of Man Post Office issued a set of four stamps to celebrate the “Year of the Snake”. The stamps depict a colourful illustration of a snake with various decorations inspired by the traditions of Lunar New Year, symbolising harmony, prosperity, hope and renewal in the Year of the Snake. Liechtensteinische Post AG issued a stamp which combines two traditional Chinese cultural elements, namely snakes and mahjong tiles. New Zealand Post issued a set of four stamps to celebrate the “Year of the Snake”. Each stamp, combining Chinese traditions with New Zealand characteristics, depicts the interactions between a child and a snake, exuding a joyous new year atmosphere.
Annual albums released by various postal administrations will also be put on sale concurrently. The stamp albums, comprising a rich collection of special stamps issued in 2024 with descriptions and illustrations, are not to be missed by philatelists.
Prime Minister Shri Narendra Modi lays foundation stone of new terminal building of Hisar airport worth over Rs 410 crore Today, being the birth anniversary of the architect of our Constitution, Baba Saheb Ambedkar, is a very important day for all of us, for the entire country: PM
Today flights have started from Haryana to Ayodhya Dham, meaning now the holy land of Shri Krishna, Haryana, is directly connected to the city of Lord Ram: PM
On one hand, our government is emphasizing on connectivity and on the other hand, we are also ensuring welfare of the poor and social justice: PM
Posted On: 14 APR 2025 12:14PM by PIB Delhi
In line with his commitment to make air travel safe, affordable, and accessible to all, Prime Minister Shri Narendra Modi laid the foundation stone of the new Terminal Building of the Maharaja Agrasen airport in Hisar, Haryana worth over Rs 410 crore today. Addressing the gathering, he extended his greetings to the people of Haryana, acknowledging their strength, sportsmanship, and brotherhood as the defining traits of the state. He expressed his gratitude to the large gathering for their blessings during this busy harvest season.
The Prime Minister paid respectful homage to Guru Jambheshwar, Maharaja Agrasen, and the sacred Agroha Dham. He shared his fond memories of Haryana, particularly Hisar, recalling his time working closely with many colleagues when he was entrusted with the responsibility of the state by his party. He highlighted the dedication and efforts of these colleagues in strengthening the party’s foundation in Haryana. He expressed pride in his party’s commitment to the goal of a developed Haryana and a developed India, working with utmost seriousness toward this vision.
“Today is a significant day for the entire nation as it marks the birth anniversary of the architect of the Constitution, Babasaheb Ambedkar”, said Shri Modi, highlighting that Babasaheb’s life, struggles, and message have been the cornerstone of the government’s 11-year journey. He emphasized that every decision, every policy, and every day of the government has been dedicated to Babasaheb’s vision. He reiterated the government’s commitment to improving the lives and fulfilling the dreams of the underprivileged, oppressed, exploited, poor, tribal communities, and women. He stated that continuous and rapid development has been the mantra of their government to achieve these goals.
Underlining the launch of flights connecting Haryana to Ayodhya Dham, symbolizing the direct link between the sacred land of Shri Krishna and the city of Lord Ram, the Prime Minister announced that flights to other cities will commence soon. He highlighted the foundation stone laying of the new terminal building at Hisar Airport, describing it as a step toward elevating Haryana’s aspirations to new heights. He extended his congratulations to the people of Haryana for this significant milestone.
Reiterating his promise that even those wearing slippers would fly in airplanes, a vision now being realized across the country, Shri Modi highlighted that in the past 10 years, millions of Indians have experienced air travel for the first time. He noted that new airports have been built even in areas that previously lacked proper railway stations, sharing that before 2014, India had 74 airports, a number achieved in 70 years while today, the number of airports has surpassed 150. He emphasized that nearly 90 aerodromes have been connected under the UDAN scheme, with over 600 routes operational, enabling affordable air travel for many. He remarked that this has led to record-breaking numbers of annual air travelers. He further highlighted that various airlines have placed record orders to the tune of 2,000 new aircraft, which will create numerous jobs for pilots, air hostesses, and other services. He also pointed out that the aircraft maintenance sector will generate significant employment opportunities. “Hisar Airport will elevate the aspirations of Haryana’s youth, providing them with new opportunities and dreams”, he added.
“Our government is focusing on connectivity while ensuring welfare for the poor and social justice, fulfilling the vision of Babasaheb Ambedkar and the aspirations of the Constitution’s framers”, emphasised the Prime Minister. He criticized the Congress party for its treatment of Babasaheb Ambedkar, stating that while he was alive, they insulted him, orchestrated his electoral defeats twice, and conspired to exclude him from the system. He remarked that after Babasaheb’s passing, the party also attempted to erase his legacy and suppress his ideas. He highlighted that Dr. Ambedkar was the protector of the Constitution, whereas they became its destroyer. He stated that while Dr. Ambedkar aimed to bring equality, Congress spread the virus of vote-bank politics in the country.
Shri Modi remarked that Babasaheb Ambedkar envisioned a life of dignity for every poor and marginalized individual, enabling them to dream and fulfill their aspirations. He criticized the previous government for treating SC, ST, and OBC communities as second-class citizens during its long tenure. He highlighted the disparity under its rule, where water reached the swimming pools of some leaders but failed to reach villages. He noted that even after 70 years of independence, only 16% of rural households had tap water connections, disproportionately affecting SC, ST, and OBC communities. He shared that in the past 6-7 years, their government has provided tap water connections to over 12 crore rural households, raising the coverage to 80% of rural homes. He expressed confidence that, with Babasaheb’s blessings, tap water will reach every household. He also addressed the lack of toilets, which severely impacted SC, ST, and OBC communities. He highlighted the government’s efforts in constructing over 11 crore toilets, ensuring a life of dignity for the underprivileged.
Criticising the previous dispensation’s rule, during which the SC, ST, and OBC communities faced significant barriers, with even access to banks being a distant dream, the Prime Minister said that insurance, loans, and financial assistance were mere aspirations for them. He highlighted that under their government, the largest beneficiaries of Jan Dhan accounts are from SC, ST, and OBC communities. He proudly noted that today, these individuals confidently showcase their RuPay cards, symbolizing their financial inclusion and empowerment.
Shri Modi further criticised the Congress party for turning the sacred Constitution into a mere tool for gaining power. He remarked that whenever they faced a crisis of power, it crushed the Constitution. He highlighted the Emergency period, during which the then Government undermined the spirit of the Constitution to retain power. He emphasized that the essence of the Constitution is to ensure a uniform civil code for all, but the then Government never implemented it. He pointed out the opposition to the implementation of the Uniform Civil Code in Uttarakhand, despite its alignment with the Constitution’s principles.
Prime Minister Shri Narendra Modi remarked that the Constitution provided for reservations for SC, ST, and OBC communities, but Congress turned it into a tool for appeasement. He highlighted recent reports of the present government in Karnataka granting reservations in government tenders based on religion, despite the Constitution not allowing such provisions. He stated that appeasement policies have significantly harmed the Muslim community, benefiting only a few extremists while leaving the rest of the society neglected, uneducated, and impoverished. He pointed to the Waqf Act as the biggest evidence of the previous Government’s flawed policies. He noted that in 2013, just months before elections, Congress amended the Waqf Act to appease its vote bank, elevating it above several constitutional provisions.
Criticising the Congress for claiming to work for the welfare of Muslims while failing to take meaningful actions, Shri Modi remarked that if the party truly cared for the Muslim community, they would have appointed a Muslim as their party president or allocated 50% of their tickets to Muslim candidates, stating that their intentions were never aligned with the genuine welfare of Muslims, exposing their true nature. Highlighting the vast tracts of land under Waqf, meant to benefit the poor, destitute women and children, were instead exploited by a handful of land mafias, Shri Modi pointed out that these mafias were encroaching on lands belonging to Dalits, backward classes, and tribals, leaving the Pasmanda Muslim community without any benefits. He mentioned that amendments to the Waqf Act will put an end to such exploitation, emphasizing a significant new provision in the amended law, ensuring that tribal lands cannot be touched by Waqf boards. He described this as a major step in protecting tribal interests. He stated that the new provisions will honor the sanctity of Waqf, ensuring that the rights of poor and Pasmanda Muslim families, women, and children are upheld. He affirmed that this reflects the true spirit of the Constitution and genuine social justice.
Underlining the numerous steps taken by the government since 2014 to honor Babasaheb Ambedkar’s legacy and inspire future generations, the Prime Minister pointed out that places associated with Babasaheb, both in India and abroad, were neglected for years. He noted that even for constructing Babasaheb’s memorial at Indu Mill in Mumbai, people had to protest. He emphasized that their government has developed all key sites, including Babasaheb’s birthplace in Mhow, his educational site in London, his Mahaparinirvan Sthal in Delhi, and his Diksha Bhoomi in Nagpur, transforming them into the “Panchteerth.” He shared his privilege of recently visiting Diksha Bhoomi to pay homage to Babasaheb. The Prime Minister criticized Congress for making lofty claims about social justice while failing to honor Babasaheb and Chaudhary Charan Singh with the Bharat Ratna during their tenure. He proudly stated that Babasaheb was awarded the Bharat Ratna only when a BJP-supported government was in power at the center, and it was also their party when in power honored Chaudhary Charan Singh with the Bharat Ratna.
Lauding the Haryana government for consistently strengthening the path of social justice and welfare for the poor, the Prime Minister highlighted the dire state of government jobs in Haryana under previous administrations, where individuals had to rely on political connections or sell family assets to secure employment. He expressed satisfaction with Chief Minister Nayab Singh Saini’s government, which has eradicated these corrupt practices. He praised Haryana’s remarkable track record of providing jobs without bribes or recommendations. He noted that previous governments had made every effort to prevent 25,000 youth in Haryana from receiving government jobs. However, as soon as Chief Minister Nayab Singh Saini took office, thousands of appointment letters were issued to deserving candidates. He described this as an example of their good governance and commended the government’s roadmap for creating thousands of new jobs in the coming years.
Highlighting Haryana’s significant contribution to the nation, with a large number of youth serving in the armed forces, Shri Modi criticized previous dispensations for decades of deception regarding the One Rank One Pension (OROP) scheme and emphasized that it was his government that implemented OROP. He shared that ₹13,500 crore has been disbursed to Haryana’s ex-servicemen under OROP. He pointed out that the previous Government had allocated only ₹500 crore for the scheme while misleading the nation’s soldiers. He remarked that the previous government has never truly supported Dalits, backward classes, or soldiers.
Expressing confidence in Haryana’s role in strengthening the vision of a developed India, the Prime Minister praised the state’s global impact, whether in sports or agriculture. He conveyed his trust in Haryana’s youth and described the new airport and flights as inspirations for fulfilling Haryana’s aspirations and concluded by extending his congratulations to the people of Haryana for this new milestone.
The Chief Minister of Haryana, Shri Nayab Singh Saini, Union Minister of State for Civil Aviation, Shri Murlidhar Mohol were present among other dignitaries at the event.
Background
The new Terminal Building of the Maharaja Agrasen airport will include a state-of-the-art passenger terminal, a cargo terminal and an ATC building. With scheduled flights from Hisar to Ayodhya (twice weekly), three flights in a week to Jammu, Ahmedabad, Jaipur, and Chandigarh, this development will mark a significant leap in Haryana’s aviation connectivity.
The inauguration of Hisar Airport marks a significant milestone in Haryana’s development journey. It will boost regional connectivity and catalyse economic growth across the state. https://t.co/8DtkTWUEXD
In a major breakthrough against drug trafficking, the Indian Coast Guard (ICG), in a joint overnight operation with the Gujarat Anti-Terrorist Squad (ATS) on April 12-13, 2025, seized over 300 kg of narcotics (methamphetamine) worth approximately Rs1,800 crore.
Based on a corroborated input from Gujarat ATS, an ICG ship from the Coast Guard Region (West), which was on multi-mission deployment off North Maharashtra/ South Gujarat area, diverted and intercepted an attempted transshipment in proximity of the International Maritime Boundary Line (IMBL). On realising the approaching ICG ship, the suspect boat dumped its narcotics consignment in sea before it started fleeing towards the IMBL. The alert ICG ship deployed its sea boat immediately for recovery of the jettisoned consignment whilst commencing a hot chase of the suspect boat.
The proximity of IMBL and the initial separation between the ICG ship and the boat at the time of its detection helped the perpetrator to evade interception before it crossed over the IMBL within a short time. The cross over resulted in termination of the hot chase and precluded the ICG ship to apprehend the suspect boat. Meanwhile the ICG team in a sea-boat, after thorough search in the tough night conditions, recovered the sizable amount of narcotics that was dumped into the sea.
The seized narcotics have been brought to Porbandar by the ICG ship for further investigations. The jointness of ICG and Gujarat ATS, which has led to 13 such successful law enforcement operations in recent years reaffirms the synergy for national objectives.
The Office of the Principal Scientific Adviser to the Government of India today released the first edition of International Technology Engagement Strategy for Quantum, marking a significant step toward articulating India’s outward-facing strategy in Quantum Science, Technology and Innovation (QSTI), with the intent to accelerate discovery, foster innovation, and catalyse adoption across critical sectors.
The report was officially unveiled by PSA Prof. Ajay Kumar Sood during the Office of PSA’s podcast on the occasion of World Quantum Day 2025, celebrated every year on April 14. This report comes with a special significance because of 2025 being the International Year of Quantum Science and Technology (IYQST) designated by the United Nations and member states.
The strategy report provides a foundational landscape analysis to enable domestic and foreign stakeholders in government, academia, and industry to formulate context-specific action points aligned with their engagement goals complementing the ambitions of India’s National Quantum Mission (NQM) and other ongoing efforts by various agencies and stakeholders in the ecosystem.
Talking about the importance of Quantum Tech, Prof. Sood highlighted it is an area where no country wants to be left behind because it is important for strategic autonomy and there cannot be strategic autonomy without being quantum safe. Further speaking about gaps and potential in the sector for India, he stated, “India has to invest in Quantum hardware, we have to reduce our dependencies on imports, and advancements in all areas of quantum computing can help with that. We need to bring much more funds for startups, and de-risk the investment — which means we need to create markets for the products. And this is where all the players, be it government, private sectors, academia, or startups, play a role to create this ecosystem,” he added. “We need to be an active player in defining the global standards for Quantum Tech. This is a gap we need to fill. Because once we have that, we will also play a role in standardisation efforts, and that is what leads to strategic autonomy. We have to do that very proactively and ensure that we have these global standards because our market is not only the Indian market but global.“
While talking about NQM, Prof. Sood mentioned that the mission being very efficiently rolled out by the Department of Science and Technology ( DST ) under the leadership of Secretary DST looks at the complete life cycle of this frontier technology – the R&D needed, what does it take to translate that R&D to technology and how to make a product from that for the market scale up. He also explained the key features of the hub-and-spoke model that is being implemented by NQM at the national scale involving 152 researchers from 43 institutions across 17 states and 2 UTs .
This inaugural edition of ITES-Q provides a comprehensive overview of both global and national quantum ecosystems, covering analysis of investments, talent development, institutional strengths, research publications, intellectual property, startups, supply chains, and industrial activity. The ITES-Q is thought out to facilitate impactful partnerships and particularly add value to the efforts of Indian missions abroad in strengthening bilateral and multilateral engagements for QSTI.
The ITES is an initiative of the Office of the PSA to GoI, designed to strengthen and elevate India’s Technology Diplomacy efforts across critical and emerging domains.
The Africa India Key Maritime Engagement (AIKEYME) 2025 was inaugurated on 13 Apr 25 in Dar-es-Salaam, Tanzania, marking a significant step in strengthening maritime cooperation between India and African nations. The ceremony was graced by the presence of Dr. Stergomena Lawrence Tax, Minister of Defence and National Service of Tanzania, Shri Sanjay Seth, India’s Raksha Rajya Mantri (RRM) and Chief of the Naval Staff Admiral Dinesh K Tripathi. The event also saw the attendance of distinguished military leaders, including the Chief of Defence Force of the Tanzania Peoples’ Defence Force (TPDF).
Tanzania’s Defence Minister, Dr. Stergomena Lawrence Tax, whilst inaugurating the exercise, stressed the “significance of going along” to tackle maritime threats like piracy and trafficking. She called for “collaborative effort towards Maritime security by like-minded partners” and highlighted the aim of building an “enduring framework of maritime security, including innovation and information sharing.” She also reaffirmed Tanzania’s commitment to hosting future AIKEYME editions and their broader belief in “collaborative regional cooperation” beyond military affairs.
In his address, RRM Shri Sanjay Seth emphasised the spirit of collaboration by quoting the African proverb, “If you want to go fast, go alone, If you want to go far, go together.” He expressed hope for a “life-long partnership”, invoked India’s maritime vision Mutual and Holistic Advancement for Security and Growth Across Regions (MAHASAGAR) and thanked Tanzania for co-hosting AIKEYME 25 alongside India.
For AIKEYME, the Indian Navy is represented by INS Chennai and INS Kesari. Indian Ocean Ship SAGAR was also present for the inaugural ceremony. The chief guests interacted with the multinational crew from Friendly Foreign Countries(FFCs) from IOS Sagar.
AIKEYME 25, meaning ‘Unity’ in Sanskrit, will be conducted over six days with participation from Comoros, Djibouti, Kenya, Madagascar, Mauritius, Mozambique, Seychelles and South Africa, alongside India and Tanzania. The exercise will include a harbour phase with joint training and exercises focused on piracy and information sharing, followed by a sea phase to enhance maritime security cooperation. This initiative aims to develop collaborative solutions to regional maritime challenges, enhance interoperability, and strengthen the friendly relations between India and African nations.
Source: Hong Kong Government special administrative region
Director Xia Baolong to attend Opening Ceremony of National Security Education Day on April 15 organised by Committee for Safeguarding National Security of HKSAR via video link April 15, 2025 (Tuesday) is the 10th National Security Education Day. It carries profound significance as this year also marks the fifth anniversary of the promulgation by the Standing Committee of the National People’s Congress (NPCSC) for implementation of the Hong Kong National Security Law, as well as the first anniversary of the legislation and implementation of the Safeguarding National Security Ordinance. The Committee for Safeguarding National Security of the Hong Kong Special Administrative Region (HKSAR) (the Hong Kong National Security Committee) will hold the Opening Ceremony cum Seminar of the National Security Education Day at the Hong Kong Convention and Exhibition Centre that morning.
The Director of the Hong Kong and Macao Work Office of the Communist Party of China Central Committee and the Hong Kong and Macao Affairs Office of the State Council, Mr Xia Baolong, will attend the opening ceremony and deliver a keynote speech via video link. The Chief Executive of the HKSAR and Chairman of the Hong Kong National Security Committee, Mr John Lee, extends his very warm welcome and expresses sincere gratitude to Director Xia Baolong for his care, guidance and support for Hong Kong all along.
Mr Lee pointed out, “The National Security Law of the People’s Republic of China, which was passed by the NPCSC in 2015, legally confirms the guiding status of a holistic approach to national security and designates the 15th of April each year as the National Security Education Day. April 15, 2025 marks the 10th National Security Education Day, and it holds profound significance since this year is also the fifth anniversary of the promulgation by the NPCSC for implementation of the Hong Kong National Security Law, as well as the first anniversary of the legislation and implementation of the Safeguarding National Security Ordinance.
“At present, the world is undergoing unprecedented changes at an accelerating pace. The geopolitical landscape is getting complicated, regional conflicts are frequent, global economic growth is slowing down, and unilateralism and protectionism are on the rise, all contributing to increasing global instability. With Hong Kong faced with ever-changing national security risks, the HKSAR Government will resolutely, fully and faithfully implement the ‘One Country, Two Systems’ principle, deepen the understanding of a holistic approach to national security, continuously improve the legal system and enforcement mechanisms for safeguarding national security, and actively promote national security education across society.
“The Hong Kong National Security Committee organises the opening ceremony of the National Security Education Day and co-ordinates a series of school and community activities, which help to promote national security education, encourage community-wide participation, and continuously strengthen the community’s awareness and atmosphere of safeguarding national security of their own accord.
“While we strive on all fronts to develop a vibrant economy, advance development and improve people’s livelihood, we must also make every effort to safeguard national sovereignty, security and development interests, so as to contribute more to the country’s opening-up at a higher level.” Issued at HKT 12:30