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Category: Business

  • MIL-OSI Asia-Pac: Competition Commission of India (CCI) approves the acquisition by Alpha Wave Ventures II, LP of a 12.44% shareholding in Advanta Enterprises Limited

    Source: Government of India (2)

    Posted On: 05 MAR 2025 12:19PM by PIB Delhi

    The Competition Commission of India has approved the acquisition by Alpha Wave Ventures II, LP of a 12.44% shareholding in Advanta Enterprises Limited.

    The Proposed Combination envisages the acquisition by Alpha Wave Ventures II, LP (AWV II) of a 12.44% shareholding in Advanta Enterprises Limited (Advanta).

    AWV II is the flagship global private equity fund managed by Alpha Wave Ventures GP, a joint venture between Alpha Wave Global, LP and Lunate Holding RSC Ltd. AWV II aims to invest in best-in-class growth-stage companies and endeavours to be helpful long-term partners.

    Advanta is engaged in the business of breeding, producing, researching, developing, introducing, and commercializing, sale, purchase, export and import of seeds and seed varieties.

    Detailed order of the Commission will follow.

    *****

     NB/AD

    (Release ID: 2108311) Visitor Counter : 10

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: SITI begins visit to Spain (with photos)

    Source: Hong Kong Government special administrative region

         The Secretary for Innovation, Technology and Industry, Professor Sun Dong, led a delegation of representatives from Hong Kong’s innovation and technology (I&T) sector to visit Barcelona, Spain, on March 4 (Barcelona time) and attend the Mobile World Congress (MWC) 2025.     Hong Kong Science and Technology Parks Corporation (HKSTPC) and the Hong Kong Trade Development Council (HKTDC) co-ordinated the participation of 24 local I&T enterprises or institutions in the MWC 2025 to set up the Hong Kong Tech Pavilion, showcasing the latest solutions in areas of advanced electronics and robotics, artificial intelligence and data technology, digital transformation and the start-up ecosystem.      Professor Sun attended the networking reception of the Hong Kong Tech Pavilion and witnessed the signing of Memorandum of Understanding between the HKTDC and the Barcelona City Council on promoting trade and business relations between enterprises in the two places, and collaboration between the HKSTPC and 22@Network Barcelona on enhancing the global connection of start-ups of the two places.     Professor Sun then met with the Secretary of State for Science, Innovation, and Universities of Spain, Mr Juan Cruz Cigudosa, to exchange views on issues of mutual interest, including strengthening co-operation and exchanges between the two places at different levels in technological innovation and research.     Professor Sun and the delegation visited the Barcelona Biomedical Research Park, which is one of the largest biomedical research clusters in Southern Europe, bringing together a number of research centres and researchers in different biomedical fields. The delegation focused on its cross-institutional collaboration model and clinical transformation outcome and applications, as well as various support services provided to the research centres in the Park.     Professor Sun and the delegation also toured the headquarters of ISDIN, a cosmeceutical brand, and learned about the company’s solutions for dermatology conditions and its related research achievements in products. Professor Sun encouraged the company to leverage on Hong Kong’s unique international business environment as well as Hong Kong’s unique advantage of connecting with both the Mainland and the world to expand its business in Hong Kong, the Mainland and the Asian market.      In the evening, Professor Sun attended the Chinese New Year reception hosted by the Hong Kong Economic and Trade Office in Brussels, where he shared with about 150 leaders and executives from the business and political sectors and I&T community in Barcelona the vision and efforts of Hong Kong to develop into an international I&T centre. He hoped to explore with Spain new opportunities for I&T cooperation between the two places. During the reception, Professor Sun had a brief exchange with the Consul General of the People’s Republic of China in Barcelona, Ms Meng Yuhong.     Upon his arrival in Barcelona on March 3, Professor Sun visited the Barcelona Activa, a public trading company integrated in the area of Economy and Economic Promotion of Barcelona City Council. He was briefed on the latest development in Barcelona’s economic circle and the company’s work of attracting enterprises, investments and talents to Barcelona as well as providing support for enterprises to expand their businesses.     Professor Sun then met with the Chief Executive Officer of Catalonia Trade and Investment Office Agency for Business Competitiveness, Mr Jaume Baró, and was briefed on the agency’s work in assisting enterprises to raise capital, promoting their development through training programmes and support services, enhancing attractiveness of Catalonia to foreign investments as well as connecting business organisations from local and overseas to assist enterprises there in opening up development channels and enhancing their competitiveness.     Professor Sun had dinner with representatives of the participating I&T enterprises and organisations in the evening of March 3. He thanked them for their support of this visit and bringing innovative solutions to the European market, showcasing Hong Kong’s extraordinary I&T strength. He hoped that they could expand business network.     Members of the delegation include heads from the HKSTPC, Cyberport, the Hong Kong Applied Science and Technology Research Institute and the Hong Kong Microelectronics Research and Development Institute, as well as representatives of 24 local I&T enterprises or institutions. The HKSTPC and the HKTDC co-ordinated the participation of the I&T representatives of the enterprises and institutions at the MWC 2025.     Professor Sun Dong will continue his visit in Barcelona on March 5 (Barcelona time) and deliver a keynote speech at the Global System for Mobile Communications Association Ministerial Programme session of the MWC 2025.

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-Evening Report: Why some animals defy the odds to thrive in urban areas

    Source: The Conversation (Au and NZ) – By Becky Thomas, Senior Lecturer in Ecology, Royal Holloway University of London

    KreateStuff/Shutterstock

    Cities can be deeply unwelcoming places for wildlife. They are noisy, difficult to get around, full of people and heavily reliant on artificial lighting. Yet some species do better in urban areas than in rural ones.

    Research is showing that animals of the same species that live in cities and the countryside are behaving differently. These disparities will probably grow since
    over half of people worldwide now live in urban areas, and cities and towns are getting bigger.

    A recent study from Tel Aviv University found that Egyptian fruit bats living in urban parts of Israel gave birth two and a half weeks earlier than rural populations. This gives them an advantage as they are more likely to reproduce twice per year.

    In the urban areas in the study there was a higher abundance and diversity of fruit trees. In Tel Aviv, for instance, the trees are watered. This means there is fruit for a longer period across the year, meaning more reliable food supplies for the bats.

    They may also be benefiting from the urban heat island effect, with warmer temperatures reducing the harshness of the winters felt by their rural neighbours.

    Most species perceive humans as predators, so our presence disturbs and distracts them from feeding and breeding. To survive in human-dominated cities, animals must therefore be bold.

    This is something researchers have studied for a while in wildlife like foxes. Urban foxes are often more confident in their response to new food when it is presented in a novel object like a puzzle box.

    City foxes tend to be bolder.
    johnhardingfilm/Shutterstock

    Urban birds, from robins to feral pigeons, are also bolder. In a 2008 study scientists found that urban birds are more tolerant of human disturbance than rural ones), allowing humans to approach them closely.

    The birds that reacted less to approaching humans were descended from a large number of generations since urbanisation, showing a long history of adaptation. This behavioural change helps these animals to adjust their stress responses when they are exposed to new situations. If they did not do this, they would suffer with chronic stress.

    To test whether this boldness in birds is due to evolutionary adaptations, one 2006 experimental study in Germany hand-raised blackbird chicks taken from both an urban centre and a nearby forest.

    They kept all the birds in the same environment until they were adults and then tested their acute stress responses when the birds were caught and handled. The birds from the city had a lower stress response, suggesting that this difference was genetically determined.

    However, urban birds tend to be less successful in raising chicks than those in more natural areas. Although birds can take advantage of food provided by people in many cities and towns across the world – whether directly in bird feeders, or by scavenging on our discarded food – urban areas do not provide enough of the invertebrate prey that many nestlings need.

    One study published in 2020 found that the biggest challenge for urban great tits was the low abundance of nearby insects.

    Urban great tits have their own problems.
    Zestocker/Shutterstock

    Same species, different city

    Many of these changes in urban species are difficult for people to detect, but one in particular becomes clear when you spend time in cities across the world. Have you noticed that whichever city you visit there seem to be many animals of the same species?

    Scientists call this biotic homogenisation. It happens when places start to become increasingly similar over time with the species that you can find there.

    This process begins with the exodus of species that cannot tolerate living alongside humans. Large mammals, often predators, are the first to go as an area becomes increasingly urbanised.

    Then the non-native species begin to move in. Feral pigeons, rats, starlings and many other species are introduced by people over time, whether accidentally or deliberately, until a point is reached when the biodiversity found in one city, say in the US, starts to resemble another in Europe.

    These species often have broader dietary and habitat niches, which makes them good at exploiting urban areas.

    Noticed how the wildlife in cities is pretty similar wherever you go?
    PauliusPeleckis/Shutterstock

    Urbanisation is continually changing our relationship with animals and how we perceive nature. Although scientists debate whether we have entered the Anthropocene (a new geological age based on significant planetary changes caused by humans) it is undeniable that humans have and still are moulding landscapes to suit our needs.

    The growth of cities and other urban areas is set to continue, with future urban expansion predicted to swallow 11-33 million hectares of natural habitat by 2100, an area the size of Norway. Indeed, humans are becoming the largest driving force in the evolution of wildlife.

    Becky Thomas does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Why some animals defy the odds to thrive in urban areas – https://theconversation.com/why-some-animals-defy-the-odds-to-thrive-in-urban-areas-249915

    MIL OSI Analysis – EveningReport.nz –

    March 6, 2025
  • MIL-OSI Global: Stormzy said Central Cee should have won rap artist of the year at the Brits – he’s right

    Source: The Conversation – UK – By Julia Toppin, Senior Lecturer, Music Enterprise and Entrepreneurship, University of Westminster

    At this year’s Brit Awards, the annual showcase for the UK music industry, there were five nominees in the British hip-hop, grime and rap act category: Central Cee, Dave, Ghetts, Little Simz and Stormzy. It’s an award voted for by the general public, rather than the 1,200 music industry figures who make up the Brits’ voting academy.

    When Stormzy was announced as the winner, he took to the stage to claim the award should instead have gone to Central Cee (real name Oakley Caesar-Su). It was a move reminiscent of Adele’s 2017 Grammy’s acceptance speech. Adele won the album of the year award for her record, 30, but said the gong should have gone to the “artist of my life” Beyoncé, for Lemonade.

    Stormzy’s acceptance speech.

    Music genres, whether used by musicians, writers keen to describe an exciting new sound or marketing departments promoting a song, have movable boundaries. Award ceremonies (and the public response to them) frequently showcase the struggle to categorise music by genre. This was exemplified by the decoupling of the best act for pop and RnB at the Brits after a public debate around the 2023 awards.

    Stormzy has transcended the boundaries of the grime genre that he came up through. He now has international profile and can sell out arenas around the globe. Last August, his feature collaboration with Chase and Status, Backbone, provided the veteran jungle drum and bass duo with their first number one single. It was Stormzy’s fifth.

    The song was Stormzy’s only release of 2024 and, sonically, it belongs more to the Brits’ dance category than hip-hop, grime or rap. So it’s easy to see why Stormzy would seek to champion rising star Central Cee, who released two singles that firmly belong in the category in 2024. I Will climbed to number 19 in the UK national charts, and BAND4BAND, featuring American rapper Lil Baby, peaked at number four.

    For those immersed in the Black music scenes which include hip hop, grime, rap and UK drill, Central Cee has been one of the most prolific artists of the last year. Last month at the Mobo (Music Of Black Origin) awards, the artist matched Stormzy’s record as the most decorated rapper in the award’s 29-year history.


    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.


    Central Cee also became the first artist to win the Mobos’ best male act three times. After two successful mix tapes, his album Can’t Rush Greatness was released on January 31 2025 and went straight to number one in the UK and multiple charts overseas. As such it would qualify for next year’s Brit Awards in the album category.

    Breaking America

    The very recent success of Can’t Rush Greatness inevitably makes Stormzy’s award feel dated. His shout out to Central Cee as the more deserving rap artist of the year, and acknowledgement that award shows can sometimes deny people their “moments”, was very much on brand for a rap artist known for his compassionate and reflective spirit.

    It is also perhaps an acknowledgement that Can’t Rush Greatness has penetrated the US market, debuting at number nine on the Billboard 200 album chart. Central Cee seems poised to have a level of success overseas that has previously eluded Stormzy. (Although other UK artists such as Monie Love, Cookie Crew, M.I.A., Skepta, London Posse and the London-born but Atlanta-raised 21 Savage, have achieved crossover success.)

    Central Cee has managed to take the sound of UK drill (a style of rap built on lyrics about the artist’s day-to-day existence that is mostly narrated by Britain’s Black and institutionally underprivileged youth) to a mainstream audience. His music features tight production, alternating ear-worm and emotive lyrics and – like Stormzy – a charismatic persona that screams global pop star.

    I Will by Central Cee.

    Questioning Cee’s success

    At this level of success, popular music stars are positioned and made. Anyone versed in the abject anti-Black racism of the UK music industry could legitimately query why this particular rapper is being given a multi-million pound marketing push from major label Columbia Records.

    Any suggestion that Central Cee is an “industry plant” can be swatted away with video evidence that he has been honing his craft since secondary school. But the issue of colourism is harder to get away from. Central Cee has a light skin tone, from his white English and mixed Guyanese and Chinese parentage. This could be seen by the record industry as making him more marketable to white majority audiences in Europe and North America than his darker skinned peers.

    Additionally, I would argue that the music industry’s obsession of rallying behind one individual from each scene at any one time damages the health of all music. Focusing on the most popular artist of each moment is not a true reflection of the strength of music in the UK.

    There are so many artists releasing incredible projects and singles in the genre, such as Bashy, Jordy, Chy Cartier and BXKS. They would really benefit from the platforms like the Brits who typically only champion the most popular artists.

    All that said, one look at Central Cee’s TikTok account shows the outstanding work rate, discography, a commitment to developing a community across Europe, creativity, and ambition of this talented young man from Ladbroke Grove.

    As usual, Stormzy’s considered thoughts are spot on.

    Julia Toppin does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Stormzy said Central Cee should have won rap artist of the year at the Brits – he’s right – https://theconversation.com/stormzy-said-central-cee-should-have-won-rap-artist-of-the-year-at-the-brits-hes-right-251397

    MIL OSI – Global Reports –

    March 6, 2025
  • MIL-OSI Global: Why some animals defy the odds to thrive in urban areas

    Source: The Conversation – UK – By Becky Thomas, Senior Lecturer in Ecology, Royal Holloway University of London

    KreateStuff/Shutterstock

    Cities can be deeply unwelcoming places for wildlife. They are noisy, difficult to get around, full of people and heavily reliant on artificial lighting. Yet some species do better in urban areas than in rural ones.

    Research is showing that animals of the same species that live in cities and the countryside are behaving differently. These disparities will probably grow since
    over half of people worldwide now live in urban areas, and cities and towns are getting bigger.

    A recent study from Tel Aviv University found that Egyptian fruit bats living in urban parts of Israel gave birth two and a half weeks earlier than rural populations. This gives them an advantage as they are more likely to reproduce twice per year.

    In the urban areas in the study there was a higher abundance and diversity of fruit trees. In Tel Aviv, for instance, the trees are watered. This means there is fruit for a longer period across the year, meaning more reliable food supplies for the bats.

    They may also be benefiting from the urban heat island effect, with warmer temperatures reducing the harshness of the winters felt by their rural neighbours.

    Most species perceive humans as predators, so our presence disturbs and distracts them from feeding and breeding. To survive in human-dominated cities, animals must therefore be bold.

    This is something researchers have studied for a while in wildlife like foxes. Urban foxes are often more confident in their response to new food when it is presented in a novel object like a puzzle box.

    City foxes tend to be bolder.
    johnhardingfilm/Shutterstock

    Urban birds, from robins to feral pigeons, are also bolder. In a 2008 study scientists found that urban birds are more tolerant of human disturbance than rural ones), allowing humans to approach them closely.

    The birds that reacted less to approaching humans were descended from a large number of generations since urbanisation, showing a long history of adaptation. This behavioural change helps these animals to adjust their stress responses when they are exposed to new situations. If they did not do this, they would suffer with chronic stress.

    To test whether this boldness in birds is due to evolutionary adaptations, one 2006 experimental study in Germany hand-raised blackbird chicks taken from both an urban centre and a nearby forest.

    They kept all the birds in the same environment until they were adults and then tested their acute stress responses when the birds were caught and handled. The birds from the city had a lower stress response, suggesting that this difference was genetically determined.

    However, urban birds tend to be less successful in raising chicks than those in more natural areas. Although birds can take advantage of food provided by people in many cities and towns across the world – whether directly in bird feeders, or by scavenging on our discarded food – urban areas do not provide enough of the invertebrate prey that many nestlings need.

    One study published in 2020 found that the biggest challenge for urban great tits was the low abundance of nearby insects.

    Urban great tits have their own problems.
    Zestocker/Shutterstock

    Same species, different city

    Many of these changes in urban species are difficult for people to detect, but one in particular becomes clear when you spend time in cities across the world. Have you noticed that whichever city you visit there seem to be many animals of the same species?

    Scientists call this biotic homogenisation. It happens when places start to become increasingly similar over time with the species that you can find there.

    This process begins with the exodus of species that cannot tolerate living alongside humans. Large mammals, often predators, are the first to go as an area becomes increasingly urbanised.

    Then the non-native species begin to move in. Feral pigeons, rats, starlings and many other species are introduced by people over time, whether accidentally or deliberately, until a point is reached when the biodiversity found in one city, say in the US, starts to resemble another in Europe.

    These species often have broader dietary and habitat niches, which makes them good at exploiting urban areas.

    Noticed how the wildlife in cities is pretty similar wherever you go?
    PauliusPeleckis/Shutterstock

    Urbanisation is continually changing our relationship with animals and how we perceive nature. Although scientists debate whether we have entered the Anthropocene (a new geological age based on significant planetary changes caused by humans) it is undeniable that humans have and still are moulding landscapes to suit our needs.

    The growth of cities and other urban areas is set to continue, with future urban expansion predicted to swallow 11-33 million hectares of natural habitat by 2100, an area the size of Norway. Indeed, humans are becoming the largest driving force in the evolution of wildlife.

    Becky Thomas does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Why some animals defy the odds to thrive in urban areas – https://theconversation.com/why-some-animals-defy-the-odds-to-thrive-in-urban-areas-249915

    MIL OSI – Global Reports –

    March 6, 2025
  • MIL-OSI United Kingdom: BLOG | How we’re tackling fly-tipping, littering, and dog fouling

    Source: City of Liverpool

    Councillor Laura Robertson-Collins, Liverpool City Council’s Cabinet Member for Communities, Neighbourhoods and Streetscene, discusses the importance of a well-staffed Environmental Enforcement team when it comes to tackling fly-tipping and littering. 

    No-one likes to see rubbish lying around on our streets. Whether it’s fly-tipped furniture, littering at the side of the road, or dog fouling in the middle of a pavement, it doesn’t belong in our city. Liverpool is an incredible place to live and visit, and we should all be proud to call it home, but illegally dropping or dumping rubbish is disrespectful and selfish. 

    Recently, we announced that we were going to crack down on fly-tipping by appointing an external team to support with enforcement across the city. The truth is, we’ve already invested a lot into preventative measures and we’re starting to see a real difference.  

    In the 2024/25 financial year, the Council invested £475,000 to employ an internal Environmental Enforcement team, which is currently made up of six people. In 2025/26, we’re investing another £475,000 to be able to double the size of that team and have more officers working within the community to help prevent fly-tipping, littering, and dog fouling.  

    These officers have been out on the streets seven days a week since they joined the Council last summer. They patrol all areas of the city throughout the day, not just the city centre. It can be easy to assume that their main role is handing out fines to people who drop waste, but there’s so much more to what they do. They inspect businesses to make sure they manage their waste correctly and work alongside Merseyside Police to conduct waste carrier licence checks and trade waste inspections.  

    What’s more, they play a crucial role in educating our communities. By engaging with residents and businesses, they raise awareness about responsible waste disposal and prevent waste from being dumped in the first place. Did you know that if you hire a private company to take away your waste without checking they have the correct licence and it gets fly-tipped, you could be held responsible? These are the sorts of messages our team is passing on to residents.  

    By working closely together, our Environmental Enforcement team and LSSL ensure that all reported fly-tipping incidents are investigated and cleared in an average of 3.8 days. 

    The numbers speak for themselves. Since June last year, our officers have engaged with 617 residential properties and businesses about waste management, issuing almost 150 warnings where needed. They’ve also handed out 106 Fixed Penalty Notices and assisted with four prosecutions. Each of these investigations take a lot of time, but by doubling the size of the team, we know that we’ll have more time and more manpower to crack down on offenders.

    From 2023 to 2024, reports of fly-tipping dropped by 5.7 per cent, and requests to clean streets decreased by 25 per cent. Their efforts, and the work of LSSL, make a tangible difference in keeping Liverpool cleaner and safer. 

    Liverpool City Council’s commitment to cracking down on illegal fly-tipping, littering, and dog fouling is unwavering. The new Environmental Enforcement Team, appointed last year, has already made significant strides in investigating and addressing these issues. With the addition of six new internal enforcement officers, we’re poised to enhance our efforts even further. 

    And there’s more good news on the horizon. An external team is set to start early this summer, providing extra support to tackle fly-tipping blighting our streets. They’ll work closely with the existing taskforce, raising awareness about correct waste management and investigating environmental crimes. 

    While we do work closely with the police to utilise our expansive CCTV network across the city, we can’t be everywhere at once.  We ask anyone who spots illegal waste on our streets to report it to us so that we can investigate. And, if you have any information to help us with our investigation, please speak out. We know that the majority of people would like to keep their streets free of rubbish.

    With the Great British Spring Clean coming back at the end of next month, now is the perfect time to join in with community litter-picking events, or even create one of your own. For more information, or to tell us about a clean-up event you’re planning, reach out to our Keep Liverpool Tidy team. Together, we can achieve a litter-free, waste-free city that we can truly be proud of. 

    MIL OSI United Kingdom –

    March 6, 2025
  • MIL-OSI United Kingdom: Cenotaph draped in Union Flags, Westminster Abbey service, concert and Flypast among plans unveiled to mark VE Day 80

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Cenotaph draped in Union Flags, Westminster Abbey service, concert and Flypast among plans unveiled to mark VE Day 80

    Four day celebrations will mark the 80th anniversary of the end of the Second World War in Europe in May

    • Commemorations will kick off on Bank Holiday Monday, which will see the Cenotaph dressed in Union flags, a Military procession and a flypast in London
    • Street parties will also be held across the country and ceremony on HMS Belfast will kick off community celebrations
    • 8 May will see a service of remembrance and thanksgiving at Westminster Abbey followed by a concert
    • Service planned to mark VJ Day and the end of the war in the Far East in August

    The 80th anniversaries of VE and VJ Day will be marked this year with a series of events and celebrations that will share stories of the Second World War generation. 

    Victory in Europe (VE Day), which takes place on 8 May, marks the Allied victory in Europe. The news resulted in millions celebrating the end of the war, with street parties, dancing and singing across the country. The war in the Far East did not end until 15 August 1945 with VJ Day (Victory Over Japan).

    The commemorations will pay tribute to the millions of people across the UK and Commonwealth who served in the Second World War, telling the stories of those who fought, the children who were evacuated, and those who stepped into the essential roles on the Home Front.

    The early May Bank Holiday will see the beginning of the events to mark VE and VJ Day 80 with events planned including a Military procession and flypast of current and historic military aircraft, the return of the poppies to the Tower of London and a nationwide call for families to delve into their lofts and discover their own Second World War stories:

    Monday 5 May:

    • To ensure the commemorations act as a point of remembrance of the millions who lost their lives in the conflict as well as a celebration of peace, the commemorations will begin in Whitehall. The Cenotaph, the nation’s focal point of remembrance, will be dressed in Union Flags for the duration of the four day commemorations, echoing the 1920 unveiling of the monument to the fallen. From Monday 5 May, it will provide a focal point for the commemorations and a place to pay silent tribute to all those who died, both at home and abroad, during the Second World War.
    • To honour and remember those who fell during the Second World War, there will be a Military procession from Whitehall to Buckingham Palace followed by a flypast of current and historic military aircraft including the famous Red Arrows.
    • The VE Day 80 commemorations will continue with a street party on HMS Belfast. HMS Belfast fired some of the opening shots on D Day in 1944 and protected Arctic convoys during the Second World War and is the most significant surviving Second World War warship.
    • Street parties, barbecues and community get togethers, supported by ideas and inspiration from The Together Coalition and The Big Lunch, will be held by communities across the country, echoing the celebrations 80 years ago as the population welcomed the end of the war.

    Tuesday 6 May:

    • An installation of ceramic poppies will return to the Tower of London to mark the anniversary. Nearly 30,000 of the original poppies from the 2014 display at the Tower, which commemorated the centenary of the First World War, will be displayed in a new installation within the walls of the fortress. This poppies installation will resemble a ‘wound’ at the heart of the Tower, which was itself bombed during the Blitz and still bears some of those scars today.  It will mark and reflect on the sacrifices made by so many during the Second World War.
    • Historic landmarks across the UK will be lit up this evening.

    Wednesday 7 May:

    • On the evening of the 7th May 1945, a newsflash announced that the following day would be Victory in Europe Day. To commemorate this important moment in the nation’s history, the Parliament Choir will host a Victory in Europe Day Anniversary Concert in the famous Westminster Hall at the Palace of Westminster, eighty years to the day that victory was declared.

    Thursday 8 May:

    • A service will take place at Westminster Abbey that will be both an act of shared remembrance and a celebration of the end of the war. It will be a moment to give thanks and to honour a generation that showed extraordinary courage and resilience.
    • The events will conclude with a concert at the historic Horseguards Parade to finish the VE Day 80 commemorations in a celebratory tone, echoing how the nation reacted to the news 80 years before. With more than 10,000 members of the public in attendance, the concert will feature stars of stage and screen and military musicians and tell the story of victory and the legacy of the Second World War in Europe.

    Friday 15 August:

    • To mark the 80th anniversary of the end of the war in the Far East, a service will take place at the National Memorial Arboretum. In partnership with the government, the Royal British Legion will lead the nation in honouring and remembering those who fought and died during the War in the Far East.

    Culture Secretary Lisa Nandy said:

    The 80th anniversaries of VE and VJ Day are important opportunities for communities to come together to pay tribute to all those who served in the Second World War and to reflect on the values that they were fighting for.

    By taking part in these significant commemorations, people across society will be able to hear our veterans’ stories first hand, to reflect and remember, and ensure that their stories of sacrifice and service are remembered for generations to come.

    Ruth Bourne, 98, a Second World War Wren working as a link in the chain of codebreakers who intercepted Nazi messages at Bletchley Park said:

    There was an electric buzz among everyone and eventually the Royals came out and waved, and we cheered like crazy waving whatever we had on us. People climbed on every available lamppost, lit bonfires in Hyde Park and we sat around singing songs. Not many went to bed that night!

    In partnership with Imperial War Museums, Letters to Loved Ones will encourage the public to delve into their family history to find letters sent by their relatives to loved ones during the Second World War. It is hoped that this will bring together first-hand testimonies from soldiers on the front line, and the women and children on the home front. Letters to Loved Ones will culminate in an event in May, bringing together school children and their families from across the UK.

    From April through 2025, Arts Council England will work with arts organisations to join with their communities and creatively commemorate, celebrate and reflect on the 80th anniversary of VE and VJ Day. Funding will also be made available through the National Lottery Community Fund Awards For All programme for organisations to bid for grants to host events, activities and projects this year for communities to come together to commemorate the war and its impact on individuals and communities across the country.

    Resources and educational material will be made available for schools and youth groups to help young people learn about the Second World War and the importance of the role played by their forebearers in securing the peace we enjoy today.

    The Royal British Legion, the nation’s largest military charity, will be making resources available for schools and local communities across the country and working through its network of membership branches to mark the anniversary.

    The commemorations will be UK wide with activities across the nations and regions. Further details on the fly past, national events and plans to mark the 80th anniversaries of VE and VJ Day across the UK, and how the public can get involved, will be announced in due course.

    Defence Secretary John Healey MP said:

    80 years ago, the freedoms we enjoy today were defended by our remarkable Second World War generation.

    Our duty today is to safeguard the British values they sacrificed so much to uphold.

    As we mark 80 years since the end of the Second World War, our grateful nation looks forward to joining our brave Armed Forces and veterans to reflect, rejoice and remember.

    Dr Tara Knights, the Royal British Legion’s Head of Remembrance, said:

    The Royal British Legion is proud to be marking the 80th anniversaries of VE Day and VJ Day and will put Second World War veterans at the heart of these commemorations. These are significant anniversaries, and we owe it to all those from the Second World War generation to thank them for their bravery and sacrifice in the defence of freedoms we still enjoy to this day. We will be running educational and community engagement programmes to encourage everyone to get involved in this momentous occasion. The RBL is inviting veterans, or their family or carers on their behalf, to come forward and register to join in the commemorations.

    Caro Howell MBE, IWM Director-General said:

    As we mark 80 years since the end of the Second World War, we are reminded that this devastating conflict will soon pass from living memory. Through ‘Letters to Loved Ones’, we want a new generation of children across the UK to learn about the Second World War and its aftermath, through the stories and memories of their own families and the voices of those who were part of the fight against tyranny.

    2025 marks the 80th anniversaries of some of the most significant moments in our history. The anniversaries that we are marking this year serve as a solemn reminder of the sacrifices made across the world, and the events that have shaped our lives ever since.

    Brendan Cox, co-founder of the Together Coalition which is helping to organise the community celebrations said:

    We spend a lot of our time focusing on the things where we might disagree. VE day 80 is a great opportunity to celebrate what we have in common, and to use the celebrations to reach out to neighbours, friends and our wider communities.

    A dedicated interactive website has been launched with latest information and ways to get involved at ve-vjday80.gov.uk

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    Published 4 March 2025

    MIL OSI United Kingdom –

    March 6, 2025
  • MIL-OSI Russia: Marat Khusnullin: Reconstruction of the overpass on the Adler bypass is 50% complete

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Reconstruction of the overpass at the 6th km of the A-149 Adler – Krasnaya Polyana highway

    March 5, 2025

    Previous news Next news

    Modernization of the road network is one of the fundamental tasks for ensuring the dynamic development of the entire country. For this purpose, bypasses of cities are being built. In particular, the Adler bypass project is being implemented, within the framework of which the overpass at the 6th km of the A-149 Adler – Krasnaya Polyana highway is being reconstructed. Today, the readiness of this artificial structure is 50%, Deputy Prime Minister Marat Khusnullin reported.

    “Today, domestic tourism is actively developing in the country, including car travel, so it is important that the southern regions of the country and coastal areas are easily accessible. We are adding a new facility to the road framework in the Krasnodar Territory – the Adler bypass is under construction. It will increase the tourism potential of the region, and with the commissioning of this road, drivers will be able to get to the Sochi airport and Krasnaya Polyana faster. In addition, the new route will ensure the withdrawal of transit transport outside the resort area of Adler, which will help create comfortable conditions for local residents and tourists. The environmental situation in the coastal area of the Black Sea will also improve. Now, as part of this project, specialists are reconstructing the overpass at the 6th km of the A-149 Adler – Krasnaya Polyana highway, which previously had only one direction of traffic. After completion, the overpass will be expanded to two lanes. The overall readiness of the overpass has reached 50%, “said Marat Khusnullin.

    According to the Deputy Prime Minister, the builders are currently gradually transferring sections of the overpass to temporary supports. Metal consoles are attached to them, which will increase the dimensions of the structure. 24 out of 34 consoles have already been secured. At the moment, the site has gained good momentum. Traffic on the updated artificial structure is planned to be launched at the beginning of the resort season this year. Residents and guests of Sochi will be able to move along the overpass in both directions. And in the future, the overpass will become part of a large interchange at the Eastern Portal of the Adler Bypass.

    Chairman of the Board of the state company Avtodor Vyacheslav Petushenko added that work to expand the dimensions of the overpass began in November last year, and in the second quarter of this year, the installation of road surface layers will begin at the site.

    “We will use a comprehensive technology for manufacturing asphalt concrete using the Superpave method on the overpass. With the help of this advanced system for designing the composition of the asphalt concrete mixture, the road surface on the overpass will be more resistant to cracking due to low temperatures, deformation and fatigue failure. The key advantage of this technology is the ability to predict the condition of the road surface over time, taking into account the influence of climatic factors in a particular region, as well as traffic intensity,” said Vyacheslav Petushenko.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    March 6, 2025
  • MIL-OSI United Nations: Readiness for Recovery and Reconstruction of Resilient Housing and Critical Infrastructure Masterclasses

    Source: UNISDR Disaster Risk Reduction

    Time: 13:00 – 14:30 Geneva Time (CET)
    Date: 20 March, 19 April, 15 May 2025 (three 90-minute sessions)
    Workshop Language: English

    The training is co-organized by the UN Office for Disaster Risk Reduction (UNDRR), UN Development Programme (UNDP), SEEDS, World Bank, UN-HABITAT and UN Office for Project Services (UNOPS). Leading up to the World Resilient Reconstruction Conference (WRRC), this masterclass will bring together experts and practitioners to share lessons learned, good practices, and innovative strategies from past housing recovery and reconstruction experiences. This masterclass aims to not only discuss the principles of resilient housing recovery and role of governments and communities, but also introduce effective models and case studies, to facilitate knowledge exchange and inform discussions at the WRRC.

    Objective and topics to be covered:

    Expected Outcomes:

    • Increased awareness and understanding of owner- and community-driven approaches for resilient housing recovery. 
    • Strengthened knowledge on the critical role of infrastructure resilience in post-disaster recovery efforts. 
    • Practical insights and recommendations that can inform policies and future housing recovery programs. 
    • Enhanced collaboration and networking among organizations and practitioners in housing recovery and reconstruction. 
    • Contributions to the WRRC discussions on scaling up resilient housing and infrastructure investments. 
       

    Certificate:

    Certificate of Participation will be provided to masterclass participants who attend all three (3) masterclass sessions.

    Programme:

    • 20 March 2025 – Foundations of Resilient Housing Recovery and Owner Driven Housing Reconstruction (ODHR) approaches
    • 9 April 2025 – Building Housing Capacity for Recovery and Reconstruction: The Role of Financing and Partnerships
    • 15 May 2025 – Innovation and Technology for Recovery and Reconstruction of Housing and Critical Infrastructure
       

    Organizers:

    • UN Office for Disaster Risk Reduction (UNDRR)
    • UN Development Programme (UNDP)
    • SEEDS
    • World Bank
    • UN-HABITAT
    • UN Office for Project Services (UNOPS)
       

    MIL OSI United Nations News –

    March 6, 2025
  • MIL-OSI Asia-Pac: Cabinet approves development of ropeway project from Govindghat to Hemkund Sahib Ji (12.4 km) in Uttarakhand under National Ropeways Development Programme – Parvatmala Pariyojana

    Source: Government of India

    Posted On: 05 MAR 2025 3:09PM by PIB Delhi

    The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the construction of 12.4 km ropeway project from Govindghat to Hemkund Sahib Ji in Uttarakhand. The project will be developed on Design, Build, Finance, Operate and Transfer (DBFOT) mode at a total capital cost of Rs. 2,730.13 crore.

    Currently, the journey to the Hemkund Sahib Ji is a challenging 21-km uphill trek from Govindghat and is covered on foot or by ponies or palanquins. The proposed ropeway is planned to provide convenience to pilgrims and visiting the Hemkund Sahib Ji and the tourists visiting the Valley of Flowers and will ensure all-weather last mile connectivity between Govindghat and Hemkund Sahib Ji.

    The ropeway is planned to be developed in public-private partnership and will be based on Monocable Detachable Gondola (MDG) from Govindghat to Ghangaria (10.55 km), seamlessly integrated with the most advanced Tricable Detachable Gondola (3S) technology from Ghangaria to Hemkund Sahib Ji (1.85 km) with a design capacity of 1,100 passengers per hour per direction (PPHPD) carrying 11,000 passengers per day.

    The ropeway project will also generate substantial employment opportunities during construction and operations as well as in allied tourism industries like hospitality, travel, foods & beverages (F&B) and tourism throughout the year.

    The development of ropeway project is a significant step towards fostering balanced socio-economic development, enhancing last mile connectivity for pilgrims and fostering rapid economic growth of the region.

    Hemkund Sahib Ji is a highly revered pilgrimage site situated at an elevation of 15,000 ft in Chamoli district of the State of Uttarakhand. The Gurudwara established at the holy site is open for about 5 months in a year between May and September and is visited by about 1.5 to 2 lakh pilgrims annually. The trek to Hemkund Sahib Ji also serves as the gateway to the famous Valley of Flowers, a national park recognized as the UNESCO World Heritage site, located in the pristine Garhwal Himalayas.

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    MJPS/BM

    (Release ID: 2108417) Visitor Counter : 160

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: Cabinet approves development of Ropeway Project from Sonprayag to Kedarnath (12.9 km) in Uttarakhand under National Ropeways Development Programme – Parvatmala Pariyojana

    Source: Government of India

    Posted On: 05 MAR 2025 3:06PM by PIB Delhi

    The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the construction of 12.9 km ropeway project from Sonprayag to Kedarnath (12.9 km) in Uttarakhand. The project will be developed on Design, Build, Finance, Operate and Transfer (DBFOT) mode at a total capital cost of Rs. 4,081.28 crore.

    The ropeway is planned to be developed in public-private partnership and will be based on the most advanced Tri-cable Detachable Gondola (3S) technology with a design capacity of 1,800 passengers per hour per direction (PPHPD) carrying 18,000 passengers per day.

    The ropeway project will be a boon to the pilgrims visiting Kedarnath as it would provide an environment-friendly, comfortable and fast connectivity and reduce travel time in one direction from about 8 to 9 hours to about 36 minutes.

    The ropeway project will also generate substantial employment opportunities during construction and operations as well as in allied tourism industries like hospitality, travel, foods & beverages (F&B) and tourism throughout the year.

    The development of ropeway project is a significant step towards fostering balanced socio-economic development, enhancing last – mile connectivity in hilly regions and fostering rapid economic growth.

    The journey to the Kedarnath temple is a challenging 16-km uphill trek from Gaurikund and is currently covered on foot or by ponies, palanquins and helicopter. The proposed ropeway is planned to provide convenience to pilgrims visiting the temple and ensure all-weather connectivity between Sonprayag and Kedarnath.

    Kedarnath is one of the 12 sacred Jyotirlingas situated at an elevation of 3,583 m (11968 ft) in the Rudraprayag district of the State of Uttarakhand. The temple is open for pilgrims for about 6 to 7 months in a year from Akshaya Tritiya (April-May) to Diwali (October-November) and is visited by about 20 lakh pilgrims annually during the season.

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    MJPS/BM

    (Release ID: 2108413) Visitor Counter : 189

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: Cabinet approves development of Ropeway Project from Sonprayag to Kedarnath (12.9 km) in the State of Uttarakhand under National Ropeways Development Programme – Parvatmala Pariyojana

    Source: Government of India (2)

    Posted On: 05 MAR 2025 3:06PM by PIB Delhi

    The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the construction of 12.9 km ropeway project from Sonprayag to Kedarnath (12.9 km). The project will be developed on Design, Build, Finance, Operate and Transfer (DBFOT) mode at a total capital cost of Rs. 4,081.28 crore.

    The ropeway is planned to be developed in public-private partnership and will be based on the most advanced Tri-cable Detachable Gondola (3S) technology with a design capacity of 1,800 passengers per hour per direction (PPHPD) carrying 18,000 passengers per day.

    The ropeway project will be a boon to the pilgrims visiting Kedarnath as it would provide an environment-friendly, comfortable and fast connectivity and reduce travel time in one direction from about 8 to 9 hours to about 36 minutes.

    The ropeway project will also generate substantial employment opportunities during construction and operations as well as in allied tourism industries like hospitality, travel, foods & beverages (F&B) and tourism throughout the year.

    The development of ropeway project is a significant step towards fostering balanced socio-economic development, enhancing last – mile connectivity in hilly regions and fostering rapid economic growth.

    The journey to the Kedarnath temple is a challenging 16-km uphill trek from Gaurikund and is currently covered on foot or by ponies, palanquins and helicopter. The proposed ropeway is planned to provide convenience to pilgrims visiting the temple and ensure all-weather connectivity between Sonprayag and Kedarnath.

    Kedarnath is one of the 12 sacred Jyotirlingas situated at an elevation of 3,583 m (11968 ft) in the Rudraprayag district of the State of Uttarakhand. The temple is open for pilgrims for about 6 to 7 months in a year from Akshaya Tritiya (April-May) to Diwali (October-November) and is visited by about 20 lakh pilgrims annually during the season.

    *****

    MJPS/BM

    (Release ID: 2108413) Visitor Counter : 82

    Read this release in: Urdu

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: Department Of Financial Services (DFS) Hosts a Post Budget Webinar On Theme “Regulatory, Investment, And Ease Of Doing Business (EODB) Reforms”

    Source: Government of India

    Department Of Financial Services (DFS) Hosts a Post Budget Webinar On Theme  “Regulatory, Investment, And Ease Of Doing Business (EODB) Reforms”

    Government remains committed to  ensuring of timely implementation of all budget announcements for the year 2025-26- Smt. Nirmala Sitharaman

    Jan Vishwas Bill 2.0 to decriminalize more than 100 provisions in various laws, simplifying processes for businesses- Finance Minister

    Several important suggestions given by experts  on different sub-themes during the Post Budget Webinar

    Posted On: 05 MAR 2025 1:43PM by PIB Delhi

    Addressing a post-budget webinar on the theme  “Regulatory, Investment, And Ease Of Doing Business (EODB) Reforms” organized by the Department of Financial Services, Union Minister of Finance and Corporate affairs,  Smt. Nirmala Sitharaman emphasized that the  government is committed to encouraging global economic partnerships, leveraging technology to strengthen traditional sectors and to significantly enhance the export potential of India.

    The Finance Minister  added that the government remains committed to  ensuring  timely implementation of all budget announcements for the year 2025-26.  This is consistent with the government’s track record of delivering on promises made in previous budgets, the Minister said.

    The Finance Minister explained how recent budget announcements are being implemented promptly. Under the MUDRA loans, the loan limit under the Tarun category has been increased from Rs10 lakh to Rs 20 lakh, with implementation completed via notification dated 24th October 2024, the Finance Minister added.

    The new MSME Credit assessment model announced in Budget 2024-25 has progressed well. 11 Public Sector Banks have extended it to existing customers and 7 Banks have extended it to new ones also, Smt. Nirmala Sitharaman said.

    Second, 21 new SIDBI branches have already been opened in MSME clusters during 2024-25 in line with the budget announcement made in 2024-25.

    The Ministry of Corporate Affairs has implemented the pilot project for the PM Internship scheme. The scheme was announced in the budget of 2024-25 creating over 1.25 lakh internship opportunities in top companies with over six lakh applicants. The government remains steadfast in reducing regulatory burdens and enhancing trust based governance to improve the ease of doing business.

    Through the budget announcements, the government is  taking various steps towards making India a seamless export friendly economy, one where businesses are free to focus on innovation and expansion and not on paperwork and penalties. Decriminalization of business related laws reduces the legal risks, allowing industries to operate with greater confidence.

    Giving details, the Finance Minister said that the robust manufacturing sector, free from unnecessary regulatory bottlenecks, will further attract both domestic and foreign investments, driving economic growth, positioning India as a trusted global player. The government has over 42,000 compliances removed, and over 3700 legal provisions have been decriminalized since 2014. In the Jan Vishwas act 2023, more than 180 legal provisions were decriminalized.

    The government will now bring up the general Vishwas Bill 2.0 to decriminalize more than 100 provisions in various laws. It will further simplify processes for businesses, the Minister added.

    Highlighting the focus laid on capex, Smt Nirmala Sitharaman said that the pathway for reforms are complemented by the government’s unwavering focus on capital expenditure as a driver of economic growth. For the year 2025-26, total effective capex is proposed at 15.48 lakh crores, which is 4.3% of the GDP, with 11.21 lakh crores allocated as core capital expenditure by the centre, which is 3.1% of the GDP. This unprecedented investment in infrastructure development is already creating jobs, strengthening industries and laying the foundation for private sector participation in India’s growth story.

    The Minister said that today’s webinar has brought together stakeholders from ministries like Finance Department, Industry policy, internal trade, corporate affairs regulators, state governments, public sector banks, insurance companies, SIDBI, NABARD and industry associations to ensure smooth policy implementation.

    The Finance Minister appreciated that various important inputs have been received during the course of discussion, and they will be looked into suitably. The inputs will help align our strategies, address possible implementation challenges and ensure that budgetary announcements efficiently translate into tangible actions, the Minister said.

    Speaking on the occasion, the Minister of State for Finance, Shri Pankaj Chaudhary in his concluding remarks said that increasing the FDI limit will not only attract foreign capital and advanced technology but will also improve insurance penetration, providing increased insurance coverage at affordable premiums to a larger section of the population. This move is also expected to improve technology advancements as well as better customer engagement processes.

    Further the Minister added that department of financial services is in advanced stages of finalisation and the Draft Insurance Laws Amendment Bill which will be presented, shortly.

    Minister of State for Rural Development and Communications, Dr. Chandra Sekhar Pemmasani in his concluding remarks during the webinar underlined that India Post Payments Bank (IPPB) is set to revolutionize last-mile financial access by integrating its services with Post Office Savings Accounts, creating a unified, technology-driven financial ecosystem.

    With 35 crore Post Office Savings Account holders and 11 crore IPPB customers, this integration will enhance accessibility, efficiency, and innovation in banking services. Key initiatives include expanding Aadhaar-enabled payment systems, increasing UPI transactions, introducing AI-driven microfinance, and launching vernacular digital platforms to empower rural communities. The Department of Posts and Communications is committed to enabling these changes, and collaboration with the Department of Financial services will further accelerate India’s journey toward a seamless and inclusive financial landscape, the minister added.

    In his Thematic session of the Post budget Webinar, Shri M. Nagaraju, Secretary DFS said that under the MUDRA Scheme, ₹33 lakh crore loan amount has been sanctioned. Under the Stand-Up India initiative, the department has sanctioned ₹59,000 crore to 2.62 lakh accounts. Additionally, under the PM SVANidhi scheme,  ₹14,000 crore has been sanctioned across 99 lakh accounts. Shri Nagaraju also mentioned that to ensure greater consistency, consumer protection, transparency, and grievance redressal, DFS is proposing setting up a unified forum where regulators and authorities in the pension sector can collaborate.

    The Department of Financial Services, Ministry of Finance organized a Post Budget Webinar on Theme 7 titled Regulatory, Investment and EODB reforms on Tuesday 4th March, 2025 to understand the unique perspectives from various stakeholders that can help implement the budget announcements for the year 2025-26, ensuring synergy among stakeholders. The webinar comprised of deliberations on 3 parallel breakout sessions on the following sub-themes as below:

    Sub-Theme 1: Making India investment friendly

    Sub-Theme 2: Ease of access to Financial Services/ Credit

    Sub-Theme 3: Rationalization of Legal & Regulatory Compliances

    Simultaneously,  2 more post budget webinars with themes of ‘MSME as an engine of growth’ and ‘Manufacturing, Exports and Nuclear Energy Missions’ were also organised. Prime Minister  addressed these 3 webinars , emphasizing the importance of manufacturing and export. Highlights of his address may be accessed at

    https://pib.gov.in/PressReleasePage.aspx?PRID=2108027

    For the webinar on Regulatory, Investment and EODB reforms, the sessions witnessed participation of Ministers of respective ministries, senior government officials, subject matter experts, industry leaders, bankers, FPOs and other related stakeholders. The deliberations  focussed on budget announcements related to FDI in Insurance Sector, Credit Enhancement Facility by NaBFID , Merger of Companies, Bilateral Investment Treaties, Investment Friendliness Index of States, Expanding Services of India Post Payment Bank, Grameen Credit Score, KYC Simplification, Pension Sector, Regulatory Reforms  & High-Level Committee for Regulatory Reforms, FSDC Mechanism, Jan Vishwas Bill 2.0 .

    The sub-theme “Making India investment friendly” covered budget paras on FDI in Insurance Sector, Credit Enhancement Facility by NaBFID, Merger of Companies, Bilateral Investment Treaties, and Investment Friendliness Index of States. Valuable suggestions were received from Panelists, Intervenors and Industry experts. The suggestions received during the panel discussion on this theme, inter alia, included, tax rationalization, Ease of Doing Business such as simplification of licensing process for new entrants, liberalizing investment norms, robust dispute resolution mechanism, use of e-governance in streamlining processes, minimize domestic regulatory bottlenecks, creating awareness within the government and build capacities, dedicated national law for foreign investment promotion in India, deepening of bond markets through participation of Insurance and pension funds,retail investors etc.

    During the breakout session on sub theme Ease of access to financial services / Credit, the discussions were held on 3 budget announcements regarding expanding services on India Post payment bank (IPPB), KYC simplification and Grameen credit score. Experts lauded the budget announcements and opined that expansion of IPPB will take banking services to remote areas, empower rural communities by providing access to essential financial tools and will deepen financial inclusion. Grameen credit score will provide an accurate credit profile of rural borrowers. It will not only give opportunities to rural population in availing affordable credit but will also provide opportunities to banks for increasing their business.  KYC simplification will enhance the ease of customers in availing banking and other financial services. The discussions held during the webinar enriched large number of attendees.

    In the Sub Theme: ” Rationalization of Legal & Regulatory Compliances”, Forum for Regulatory Coordination and Development of Pension Products, high-level committee for regulatory reforms, FSDC Mechanism and Jan Vishwas Bill 2.0 were discussed. It was emphasised by the speakers that ‘Viksit Bharat@2047’ will need a regulatory framework that is based on trust and is responsive to technological changes and global policy developments. Speakers highlighted that, Government needs to reduce compliance burden and Imprisonment and / or fine should be substituted with penalties, which are civil in nature, for all minor, procedural and technical non-compliances. Such a framework will facilitate the ease of doing business for all citizens.

    The recommendations on the respective sub-themes of the webinar were presented in the concluding session in presence of Minister of Finance & Corporate Affairs, Minister of State for Finance and Minister of State for Communication.

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    NB/AD

    (Release ID: 2108360) Visitor Counter : 27

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: Shri Ajay Bhadoo Appointed as CEO of Government e Marketplace

    Source: Government of India (2)

    Posted On: 05 MAR 2025 1:07PM by PIB Delhi

    The Government of India has appointed Additional Secretary in the Department of Commerce Shri Ajay Bhadoo, as the Chief Executive Officer (CEO) of Government e Marketplace (GeM) with effect from March 3, 2025. He will assume this role in addition to his existing responsibilities in the Department of Commerce.

    His appointment as CEO of GeM, India’s largest e-marketplace for government procurement, comes at a pivotal time as the platform transitions to a next-generation digital marketplace powered by Tata Consultancy Services (TCS). Currently, GeM has recorded a Gross Merchandise Value (GMV) of ₹4.58 lakh crore, reflecting a 28.65% year-on-year growth.

    An Indian Administrative Service (IAS) officer of the 1999 batch from the Gujarat cadre, Shri Bhadoo brings over two decades of experience in policy formulation and implementation across diverse sectors, including urban infrastructure development.

    In August 2024, Shri Bhadoo was appointed as Additional Secretary in the Department of Commerce. Previously, he served as the Deputy Election Commissioner at the Election Commission of India. His extensive career also includes a tenure as Joint Secretary to the former President of India, Shri Ram Nath Kovind, and leadership roles such as CEO of the Gujarat Maritime Board and Commissioner of Rajkot and Vadodara Municipal Corporations. Shri Bhadoo holds a degree in Civil Engineering and a Master’s in Business Law from the prestigious National Law School of India University, Bengaluru.

    ***

    Abhishek Dayal/Abhijith Narayanan

    (Release ID: 2108344) Visitor Counter : 105

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI: Hyperscale Data, Inc. Announces Acceptance of Plan by NYSE

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, March 05, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that on March 4, 2025, the NYSE American, LLC (the “NYSE”) notified the Company that it has been granted a listing extension until June 18, 2026 on the basis of the plan recently submitted by the Company to regain compliance with the NYSE American Company Guide (the “Listing Standards”). Specifically, the Company has demonstrated how it intends to regain compliance with Sections 1003(a)(ii) and (iii) of the Listing Standards by having stockholders’ equity be $6.0 million or more. The Company will be subject to periodic review by NYSE during the extension period. Failure to make progress consistent with the plan or to regain compliance with the continued Listing Standards by the end of the extension period could result in the Company being delisted from the NYSE.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiaries, Hyperscale Data owns and operates the Data Center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data intends to completely divest itself of ACG on or about December 31, 2025, at which time, it would solely be an owner and operator of data centers to support HPC services. Until that happens, the Company provides, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an artificial intelligence software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

    March 6, 2025
  • MIL-OSI: Natural Gas Services Group, Inc. Announces Reporting Date for Q4 and Full-Year 2024 Earnings Conference Call

    Source: GlobeNewswire (MIL-OSI)

    Midland, Texas, March 05, 2025 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review its fourth-quarter and fiscal 2024 financial results on March 18, 2025 at 8:30 a.m. (EST), 7:30 a.m. (CST). The Company’s Q4 2024 financial and operating results for the full year ending in December 31, 2024 will be disseminated via press release and made available on the Company’s website (www.ngsgi.com) after market close on March 17, 2025.

    To join the conference call, kindly access the Investor Relations section of our website at www.ngsgi.com or dial in at (800) 550-9745 and enter conference ID: 167298 at least five minutes prior to the scheduled start time. Please note that using the provided dial-in number is necessary for participation in the Q&A section of the call. A recording of the conference will be made available on our Company’s website following its conclusion. Thank you for your interest in our company’s updates.

    About Natural Gas Services Group, Inc.

    Natural Gas Services Group is a leading provider of natural gas compression equipment, technology and services to the energy industry. The Company designs, rents, sells and maintains natural gas compressors for oil and natural gas production and plant facilities, primarily using equipment from third-party fabricators and OEM suppliers along with limited in-house assembly. The Company is headquartered in Midland, Texas, with a fabrication facility located in Tulsa, Oklahoma, a rebuild shop located in Midland, Texas, and service facilities located in major oil and natural gas producing basins in the U.S. Additional information can be found at www.ngsgi.com.

    For Additional Information:

    Anna Delgado-Investor Relations
    (432) 262-2700
    ir@ngsgi.com
    www.ngsgi.com

    The MIL Network –

    March 6, 2025
  • MIL-OSI Global: Convicting the innocent: how a rotten system ensures miscarriages of justice will continue

    Source: The Conversation – UK – By Brian Thornton, Senior Lecturer in Journalism, University of Winchester

    The following story is the winner of The Conversation Prize for writers, a competition run in partnership with Faber and Curtis Brown. Read more about the competition here.


    A young man called David Lace sits in a windowless interrogation room in a Portsmouth police station. He has just been arrested over a spate of burglaries across the city. Out of the blue, in the middle of the interview he tells the detectives something extraordinary. He’s killed someone, he says. A young woman.

    He can’t live with himself anymore. The guilt is driving him mad. In the bleak little room he confesses everything. But Lace is never charged with murder. Never put on trial. Never jailed. Instead, all that happens to another man. An innocent man called Sean Hodgson. The Lace confession, along with all the forensic evidence with Lace’s DNA goes missing. Hodgson serves 27 years in prison.

    When five police officers turn up at his mother’s flat on October 20 2004, Sam Hallam knows they have made a mistake. A few days earlier a 21-year-old was stabbed to death in a street brawl. Hallam had heard about it but wasn’t there. He explains all of this to the police officers who arrest and later charge him. He explains it to the jury during his trial. No one listens. Hallam is jailed for life. He is 17 years old.

    On the night of the murder he had been in the pub with his father. There is a photo on his phone to prove it. But the phone containing the photo sits in a police evidence room for years. It sits there gathering dust as Hallam is beaten up in prison, and while both his grandmothers die. It sits undisturbed as his father Terry, struggling to deal with the imprisonment of his son, takes his own life.

    A young woman is murdered in Cardiff and eyewitnesses see a white man covered in blood leaving her flat. Three innocent men, none of them white, are later jailed for life for her murder.

    And on and on it goes.

    The Birmingham Six, the Guildford Four, Judith Ward, Stefan Kiszko, John Kamara, the Darvell brothers, the Cardiff Newsagent Three, Ivan Fergus, Sally Clark, Andrew Malkinson, the hundreds from the Post Office scandal. On and on.

    Sean Hodgson’s murder conviction is quashed after 27 years in jail.

    Hundreds and hundreds of people wrongly convicted. Lives destroyed. Families and communities blighted. Killers left free.

    But wasn’t all of this sorted out years ago? Aren’t miscarriages of justice a bit … 1980s?

    While millions might have once tuned into Rough Justice and Trial and Error to watch investigations into miscarriage of justice cases, those shows are now long gone, cancelled due to lack of interest. Even legendary investigative journalists like David Jessel packed up and moved on, admitting that the game had changed.

    They may have gone under the radar for a while but these types of cases never went away, and it now seems we’ve entered a period where there are more than ever. Perhaps the reason no one noticed is because of a relentless campaign to turn the clock back, to a time when the innocent were fair game.

    When the Birmingham Six were trying to overturn their convictions they were thwarted again and again over 16 years by a stubborn and dismissive establishment. The attitude was epitomised in the iconic judgment by Lord Denning. He refused to countenance the idea of them being innocent because that would damage the integrity of the system – and in his opinion the system needed to be protected at all costs. In his judgment Denning said:

    If the six men win, it will mean that the police were guilty of perjury, that they were guilty of violence and threats, that the confessions were involuntary and were improperly admitted in evidence and that the convictions were erroneous. That would mean the Home Secretary would either have to recommend they be pardoned or he would have to remit the case to the Court of Appeal. This is such an appalling vista that every sensible person in the land would say: It cannot be right these actions should go any further.

    For decades the “appalling vista” approach held while the injustices grew and grew. But on a bright spring morning in 1991 the whole thing exploded in a visceral, cathartic dam-burst.

    Amid chaotic scenes outside the Old Bailey the Birmingham Six were released and one of them, Paddy Hill, grabbed a microphone and unleashed a savage attack on the institutions that had taken his freedom:

    For 16 and a half years we have been used as political scapegoats. The police told us from the start they knew we hadn’t done it. They told us they didn’t care who had done it. They told us that we were selected and they were going to frame us. Justice, I don’t think the people in there have got the intelligence nor the honestly to spell the word, never mind dispense it. They’re rotten.

    A crisis was erupting that threatened the legitimacy of the entire criminal justice system. Swift action was needed and so on the very day that the Birmingham Six convictions were quashed, the government established the Royal Commission on Criminal Justice.

    Nothing it appeared, would ever be the same again.

    Out of the Royal Commission sprung a new body – the Criminal Cases Review Commission – given the sole task of investigating miscarriages of justice. The message was sent out loud and clear: the innocence crisis had now been solved and the media, the criminal justice system and the politicians needed to move on to more pressing issues.

    But while no one was looking, a silent counter-revolution was happening.

    The great rebranding

    Stealthily and relentlessly a hostile environment for victims of miscarriages was being created. The first target was to undermine the actual term “miscarriage of justice” itself. In a seminal speech in 2002 Prime Minister Tony Blair declared that “the biggest miscarriage of justice in today’s system is when the guilty walk away unpunished”.

    Blair was calling for a reappraisal of what we considered an injustice. Essentially what was being assumed was that the “innocence crisis” had been dealt with and energies should now be focused on other areas where the criminal justice system was misfiring; namely, in the effective punishment of the guilty. Tough on crime, tough on the causes of crime.

    The right wing press gleefully embraced this reframing. Newspapers like The Sun and Express, who had not concerned themselves with miscarriages of justice before Blair’s intervention, were now falling over themselves to expose these new injustices. Two headlines in the Express read: “Rapist who was free to strike again: This is a travesty, a real miscarriage of justice,” and “Don’t let them get away with murder: Proposals that would see murderers spend less time in jail are the biggest miscarriage of justice we have seen”.

    The rebranding of “miscarriage of justice” was so successful that in 2006 when The Sun asked its readers: “Do you know about a miscarriage of justice? Call us on 020 7782 4104”, it did not need to explain to anyone what it was talking about – its readers knew exactly what the paper meant. They knew it was looking for tales of “evil perverts” and “crooks” who got “soft sentences” so that it could use its “Justice Campaign to have lenient judges turfed out”.

    But the creation of a hostile environment for the innocent still had a long way to go. It was one thing to convict people – and sentence them to longer terms – the next thing was to ensure they stayed there.

    And so a concerted campaign began to strengthen the finality of convictions – essentially making it near impossible to challenge guilty verdicts. Technology helped. Since 2011, most court transcripts have been recorded digitally. But without fanfare the decision was taken to routinely delete them.

    It means that while it is possible to access full records of Victorian court cases, modern court transcripts vanish after seven years and they are eye-wateringly expensive. An MP was recently quoted £100,000 for a Lucy Letby court transcript. In the US, defendants automatically get a copy of their court records – in the UK the records are destroyed, and no one has ever really explained why.

    So if you are trying to challenge your conviction you may not have access to – or cannot afford – your court records. But what about the evidence that convicted you? We are all familiar with the US movies and documentaries that show lawyers saving prisoners from death row or prison sentences thanks to new DNA evidence. Why doesn’t that happen in the UK? Because in 2014 the Supreme Court decided that a defendant no longer has the right to access any of this evidence. It ruled:

    What is essentially sought by the claimant is access to material to enable the case to be re-investigated and re-examined. The time for that investigation and examination was the trial.

    All police forces now have a template letter in which they explain that due to this judgment they will not grant access to any evidence after conviction, and every appeal lawyer in the country has enough of these letters to wallpaper their offices.

    But what of the great promise of the CCRC – the body that was supposed to investigate miscarriages of justice? After some early successes it has been slowly hollowed out. Its budget has been slashed, its powers eroded and it has haemorrhaged talent.

    The commission that was once lauded as an example for the rest of the world is now such a shambles that when the scandal broke about the handling of the Andrew Malkinson case, who had been wrongfully imprisoned for rape, the chair of the CCRC was in Montenegro, promoting her property business. Helen Pitcher told her social media followers that she was “having an amazing time at Milos Mussels bar”. The CCRC said Pitcher was on a lunch break while working remotely from Montenegro that day and that she did not manage her own social media. Pitcher said: “The CCRC is a remote-working organisation, and I sometimes work from a property I own abroad.”

    In January, Pitcher resigned saying she had been made a scapegoat for the Malkinson affair. Those involved in criminal appeals used to laugh at how hapless the CCRC was – they are now in open despair.

    More than 1,500 people apply to the CCRC every year claiming they have been wrongfully convicted and about 97% of these applications are rejected. But there are serious concerns over the quality of the CCRC’s investigations into these cases. An inquiry in 2021 found that budget cuts and an obsession with targets had “compromised the CCRC’s ability to carry out its role effectively in all cases”.

    The handful of cases that make it through the CCRC and to the Court of Appeal face another fight against the odds – the court normally rejects at least a third of these cases.

    Victims of injustice such as members of the Birmingham Six say they would never have been freed if the CCRC had investigated their case. And if you do somehow manage to beat all the odds and overturn your conviction – like Victor Nealon – you will leave the Court of Appeal with a grand total of £89 in your pocket. It does not matter if you have unfairly spent decades in prison, if imprisonment has destroyed your physical and mental health and laid waste to your relationships and reputation. It’s still £89. There is no compensation for the stolen years, for the outrageous injustices you have suffered.

    In 2014, when the coalition government was in thrall to austerity, it was decided to restrict the payment of compensation to miscarriage of justice victims. The High Court rejected a challenge to this new law by telling a miscarriage of justice victim he was “not innocent enough to be compensated”. The public outrage over the Malkinson case shamed the Ministry of Justice into offering him compensation but he is very much the exception – 93% of applicants whose convictions have been overturned receive no money.

    Nealon and Sam Hallam took their claims for compensation all the way to the European Court of Human Rights and lost. But the judges said the current UK system for compensation was “a hurdle which is virtually insurmountable”. The hostile environment against the innocent was now complete.

    A Supreme Court’s decision in the Kevin Nunn case in 2014, which prevented him from getting access to key evidence in his case to submit to more modern forensic testing, has effectively removed any semblance of transparency over what evidence police hand over during a criminal trial. It has resulted in disclosure problems blighting criminal court cases because there is no oversight – police can act with complete impunity.

    They also know that there will be no comeback if things go wrong – no officer in any of the major miscarriages of justice cases has ever been convicted of anything. The attempt to prosecute officers in the Cardiff Three case collapsed – due to disclosure problems.

    No oversight, also means that all the old tricks are back: the overheard conversations, the jailhouse confessions, criminals blackmailed to act as witnesses, crucial evidence mislaid or withheld.

    Once someone is convicted their court records will be deleted or made unaffordable, their legal aid will be slashed and they will be denied access to any of the evidence that convicted them. Their only option will be to apply to a crumbling and aimless institution which even the legal system views as a joke.

    This is how they system wins and how the victims of injustice are betrayed. This is how you convict the innocent.


    For you: more from our Insights series:

    • Inside Porton Down: what I learned during three years at the UK’s most secretive chemical weapons laboratory

    • The overshoot myth: you can’t keep burning fossil fuels and expect scientists of the future to get us back to 1.5°C

    • We found over 300 million young people had experienced online sexual abuse and exploitation over the course of our meta-study

    • ‘There has never been a more dangerous time to take drugs’: the rising global threat of nitazenes and synthetic opioids

    To hear about new Insights articles, join the hundreds of thousands of people who value The Conversation’s evidence-based news. Subscribe to our newsletter.

    Brian Thornton does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Convicting the innocent: how a rotten system ensures miscarriages of justice will continue – https://theconversation.com/convicting-the-innocent-how-a-rotten-system-ensures-miscarriages-of-justice-will-continue-249536

    MIL OSI – Global Reports –

    March 6, 2025
  • MIL-OSI Video: UK Meet the youngest member of the House of Lords | Roles in the Lords

    Source: United Kingdom UK House of Lords (video statements)

    Baroness Smith of Llanfaes joined the House as a Plaid Cymru member in March 2024. Since then, she’s spoken in the chamber on issues from the Crown Estate and coal tip safety to period poverty and affordable housing.

    Find out how she uses her position in the Lords to ‘stand up for the people of Wales’ and hear her views on House of Lords reform.

    #HouseOfLords #UKParliament #RolesInTheLords #Senedd #Wales #Government

    Catch-up on House of Lords business:

    Watch live events: https://parliamentlive.tv/Lords
    Read the latest news: https://www.parliament.uk/lords/

    Stay up to date with the House of Lords on social media:

    • X: https://twitter.com/UKHouseofLords
    • Bluesky: https://bsky.app/profile/houseoflords.parliament.uk
    • Instagram: https://www.instagram.com/UKHouseofLords/
    • Facebook: https://www.facebook.com/UKHouseofLords
    • Flickr: https://flickr.com/photos/ukhouseoflords/albums
    • LinkedIn: https://www.linkedin.com/company/the-house-of-lords
    • Threads: https://www.threads.net/@UKHouseOfLords

    #HouseOfLords #UKParliament

    https://www.youtube.com/watch?v=kWUytL3VmO0

    MIL OSI Video –

    March 6, 2025
  • MIL-OSI Asia-Pac: Gene Bank to be established to ensure food security and genetic resources for future generations: Shri Narendra Modi

    Source: Government of India (2)

    Gene Bank to be established to ensure food security and genetic resources for future generations: Shri Narendra Modi

    Aims to ensure genetic resources and food security for future generations

    Establishment of the second GenBank will strengthen India’s position as a leader in global biodiversity conservation

    This initiative reflects India’s commitment to preserving agricultural biodiversity, securing the future of food, and supporting sustainable farming systems

    Posted On: 05 MAR 2025 4:21PM by PIB Delhi

    Prime Minister Shri Narendra Modi, during a post-budget webinar held via video conferencing today, has announced that a Gene Bank will be established to conserve the country’s genetic resources. This initiative aims to ensure genetic resources and food security for future generations.

    The webinar fosters collaboration among government, industry, academia, and citizens encouraging discussions to help translate the transformative Budget announcements towards the same into effective outcomes. With a key focus on empowering citizens, strengthening the economy, and fostering innovation, the deliberations will aim at paving the way for sustainable and inclusive growth; leadership in technology and other sectors; and a skilled, healthy workforce working towards realising the goal of Viksit Bharat by 2047. The key themes of the webinar include Investing in People, the Economy, and Innovation

    A gene bank is a repository of genetic material, such as seeds, pollen or tissue samples, collected from different plant species in order to protect them from potential extinction and preserve vital varieties for future generations.

    India’s first gene bank was set up in 1996 by the Indian Council of Agricultural Research-National Bureau of Plant Genetic Resources (ICAR-NBPGR) in New Delhi. This bank is comprised of 12 regional stations across the country for collection and storage of vital crop germplasms. These germplasms are the genetic constituents of plants or animals that is used in research, conservation and crop breeding.

    As on January 15, 2025, the bank currently stores 0.47 million accessions (plant material stored and used for breeding) — according to the database maintained by ICAR-NBPGR. These include cereals (0.17 million accessions), millets (more than 60,600 accessions), legumes (over 69,200 accessions), oilseeds (more than 63,500 accessions) and vegetables (nearly 30,000 accessions).

    The Ministry of Finance has announced the establishment of a second National GenBank in the 2025-26 budget to safeguard India’s agricultural biodiversity. This facility will house 10 lakh (1 million) germplasm lines, offering critical conservation support for both public and private sectors involved in genetic resource management.

    India is recognized as a biodiversity-rich country with a wide variety of cultivated crop species and their wild relatives. With over 811 cultivated crop species and 902 crop wild relatives, the nation plays a pivotal role in preserving plant genetic resources (PGR), which are essential for agricultural resilience, food security, and combating the challenges posed by climate change. The existing National GenBank, led by ICAR-NBPGR, conserves over 4.7 lakh accessions and supports the global effort of PGR conservation through partnerships and distributions to researchers, breeders, and scientists.

    The establishment of the second GenBank will strengthen India’s position as a leader in global biodiversity conservation. This new facility will not only safeguard India’s invaluable plant genetic resources but also support international biodiversity initiatives, especially for countries in SAARC and BRICS regions, offering conservation assistance to those lacking well-established PGR networks.

    With growing threats like climate change, natural disasters, and geopolitical challenges that jeopardize the security of genetic diversity worldwide, the creation of the safety duplicate GenBank is vital. This redundancy structure will provide a fail-safe for India’s irreplaceable germplasm, ensuring long-term sustainability and global food security.

    This initiative reflects India’s commitment to preserving agricultural biodiversity, securing the future of food, and supporting sustainable farming systems both domestically and internationally.

    *****

    MG/RN/KSR

    (Release ID: 2108488) Visitor Counter : 17

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi addresses the Post-Budget Webinar on boosting job creation- Investing in People, Economy, and Innovation

    Source: Government of India (2)

    Prime Minister Shri Narendra Modi addresses the Post-Budget Webinar on boosting job creation- Investing in People, Economy, and Innovation

    This year’s Union Budget paves the way for a stronger workforce and a growing economy: PM

    We have given People, Economy and Innovation same priority as infrastructure and industries in investment: PM

    The vision of Investment in People stands on three pillars – Education, Skill and Healthcare!: PM

    Today we are seeing India’s education system going through a huge transformation after several decades: PM

    Telemedicine facility is being expanded in all Primary Health Centres: PM

    Through day-care cancer centres and digital healthcare infrastructure, we want to take quality healthcare to the last mile: PM

    Many decisions have been taken in this budget to promote domestic and international tourism: PM

    50 destinations across the country will be developed focusing on tourism: PM

    Giving infrastructure status to hotels in these destinations will increase the ease of tourism and will also boost local employment: PM

    India will establish National Large Language Model to develop AI capabilities: PM

    In this direction, our private sector also needs to be one step ahead of the world: PM

    The world is waiting for a reliable, safe and democratic country that can provide economic solutions in AI: PM

    The government has taken several steps in this budget to promote startups,A corpus fund of Rs 1 lakh crore has been passed to promote research and innovation: PM

    This will increase investment in emerging sectors with deep tech fund of funds: PM

    The announcement to preserve India’s rich manuscript heritage through Gyan Bharatam Mission is very important: PM

    More than one crore manuscripts will be converted into digital form through this mission: PM

    Posted On: 05 MAR 2025 2:59PM by PIB Delhi

    The Prime Minister Shri Narendra Modi addressed the Post-Budget Webinar on Employment via video conferencing today. Addressing the gathering on the occasion, he highlighted the importance of the theme of the webinar, “Investing in People, Economy, and Innovation,” which defines the roadmap for Viksit Bharat. He remarked that this year’s budget reflects this theme on a large scale and serves as a blueprint for India’s future. He emphasized that investments have been prioritized equally across infrastructure, industries, people, economy, and innovation. Underlining that capacity building and talent nurturing are foundational for the nation’s progress, Shri Modi urged all stakeholders to step forward and invest more in these areas as the next phase of development requires it. He stressed that this is essential for the country’s economic success and forms the basis of every organization’s success.

    “The vision of investing in people stands on three pillars: education, skill, and healthcare”, said Shri Modi, remarking that India’s education system is undergoing a significant transformation after several decades. He emphasized key initiatives such as the National Education Policy, the expansion of IITs, the integration of technology into the education system, and the utilization of AI’s full potential. Underlying the efforts like the digitization of textbooks and the availability of learning materials in 22 Indian languages, the PM said, “these mission-mode efforts have enabled India’s education system to align with the needs and parameters of the 21st-century world”.

    Highlighting that since 2014, the government has provided skill training to over 3 crore youth, the Prime Minister mentioned the upgrade of 1,000 ITIs and the establishment of 5 Centers of Excellence. He emphasized the goal of equipping youth with training that meets the needs of industries. He remarked that with the help of global experts, efforts are being made to ensure that Indian youth can compete at the world level. Shri Modi underlined the critical role of industry and academia in these initiatives and urged industries and educational institutions to understand and fulfill each other’s needs, providing youth with opportunities to adapt to the rapidly changing world, gain exposure, and access platforms for practical learning. Highlighting the launch of the PM-Internship Scheme to provide youth with new opportunities and practical skills, he stressed the importance of ensuring maximum industry participation at every level in this initiative.

    Touching upon the medical field, Shri Modi mentioned the addition of 10,000 new medical seats in this budget and a target of adding 75,000 seats in the medical field over the next five years has been set. He highlighted the expansion of telemedicine facilities across all Primary Health Centres. He also emphasized the establishment of daycare cancer centers and the development of digital healthcare infrastructure to ensure quality healthcare reaches the last mile. He said that these initiatives will have a transformative impact on people’s lives. The Prime Minister said that these efforts will create numerous new employment opportunities for youth and urged stakeholders to work swiftly to implement these initiatives, ensuring the benefits of budget announcements reach the maximum number of people.

    Pointing out that over the past decade, investments in the economy have been guided by a futuristic vision, the Prime Minister remarked that by 2047, India’s urban population is projected to reach approximately 90 crore, necessitating planned urbanization. He announced the initiative to establish a ₹1 lakh crore Urban Challenge Fund, focusing on governance, infrastructure, and financial sustainability, while also boosting private investment. “Indian cities will be recognized for sustainable urban mobility, digital integration, and climate resilience plans”, emphasized the Prime Minister. He urged the private sector, particularly the real estate and industrial sectors, to prioritize and advance planned urbanization. He also stressed the importance of collaborative efforts to further initiatives like AMRUT 2.0 and the Jal Jeevan Mission.

    Emphasising the need to focus on the potential of the tourism sector while discussing investments in the economy, Shri Modi highlighted that the tourism sector has the potential to contribute up to 10% of India’s GDP and create employment opportunities for crores of youth. He mentioned several measures in the budget to promote domestic and international tourism. “50 destinations across the country will be developed with a focus on tourism”, said the Prime Minister adding  that granting infrastructure status to hotels in these destinations will enhance ease of tourism and boost local employment. Highlighting the expansion of the Mudra Yojana to support homestays, Shri Modi also stressed that initiatives like ‘Heal in India’ and ‘Land of the Buddha’ to attract global tourists. “Efforts are being made to establish India as a global tourism and wellness hub”, he added.

    Underscoring that tourism offers opportunities beyond the hotel and transport industries, extending to other sectors as well, the Prime Minister urged stakeholders in the health sector to invest in promoting health tourism. He stressed the need to fully utilize the potential of yoga and wellness tourism, remarking on the significant scope for growth in education tourism. He expressed his desire for detailed discussions in this direction and called for the development of a strong roadmap to advance these initiatives.

    “The future of the nation is determined by investments in innovation”, exclaimed Shri Modi, highlighting that artificial intelligence has the potential to contribute several lakh crore rupees to India’s economy, underscoring the need for rapid progress in this direction. He mentioned the allocation of ₹500 crore in the budget for AI-driven education and research. Mentioning the plans to establish a National Large Language Model to develop AI capabilities in India, the Prime Minister urged the private sector to stay ahead of the global curve in this field. “The world awaits a reliable, safe, and democratic nation that can provide economical AI solutions”, he added, emphasising that investments made in this sector today will yield significant advantages in the future.

    “India has become the third-largest startup ecosystem in the world”, said the Prime Minister, adding that several measures have been introduced in this budget to promote startups. He mentioned the approval of a ₹1 lakh crore corpus fund to boost research and innovation. The Prime Minister emphasized that this will increase investments in emerging sectors through the ‘Deep Tech Fund of Funds’. He noted the provision of 10,000 research fellowships at IITs and IISc, which will foster research and provide opportunities for talented youth. The Prime Minister also highlighted the role of the National Geo-spatial Mission and the National Research Foundation in accelerating innovation. He stressed the need for collective efforts at all levels to elevate India to new heights in research and innovation.

    Underlining the significance of the Gyan Bharatam Mission in preserving India’s rich manuscript heritage, Shri Modi announced that over one crore manuscripts will be digitized under this mission, leading to the creation of a National Digital Repository. This repository will enable scholars and researchers worldwide to access India’s historical, traditional knowledge and wisdom, he added. The Prime Minister also mentioned the establishment of a National Gene Bank to preserve India’s plant genetic resources. He emphasized that this initiative aims to ensure genetic resources and food security for future generations. He urged for the expansion of such efforts and called on various institutes and sectors to actively participate in these initiatives.

    Citing the remarkable observations made by the IMF regarding India’s economy in February 2025, Shri Modi noted that between 2015 and 2025, India’s economy has recorded a 66% growth, making it a $3.8 trillion economy. He emphasized that this growth surpasses that of several major economies, and that the day is not far when India will become a $5 trillion economy. He stressed the importance of making the right investments in the right direction to continue expanding the economy. He underlined the critical role of implementing budget announcements in achieving this vision and acknowledged the significant contributions of all stakeholders. He mentioned that the tradition of working in silos was broken and now the Government has both pre-budget consultations as well as post-budget discussions for better implementation of the schemes and initiatives with the stakeholders, highlighting the ‘Jan-Bhagidari’ model. He concluded by expressing hope that the fruitful discussions of the webinar will play a remarkable role in fulfilling the aspirations of 140 crore Indians.

    Background

    Employment generation has been one of the key focus areas of the government. Driven by the vision of the Prime Minister, the government has taken multiple steps to promote job growth and generate greater avenues of employment. The webinar will foster collaboration among government, industry, academia, and citizens encouraging discussions to help translate the transformative Budget announcements towards the same into effective outcomes. With a key focus on empowering citizens, strengthening the economy, and fostering innovation, the deliberations will aim at paving the way for sustainable and inclusive growth; leadership in technology and other sectors; and a skilled, healthy workforce working towards realising the goal of Viksit Bharat by 2047.

     

    This year’s Union Budget paves the way for a stronger workforce and a growing economy. Addressing a post-budget webinar on boosting job creation. https://t.co/ymjiCeZoVb

    — Narendra Modi (@narendramodi) March 5, 2025

    हमने इनवेस्टमेंट में जितनी प्राथमिकता infrastructure और industries को दी है… उतनी ही प्राथमिकता People, Economy और Innovation को भी दी है: PM @narendramodi

    — PMO India (@PMOIndia) March 5, 2025

    Investment in people का विज़न तीन पिलर्स पर खड़ा होता है- एजुकेशन, स्किल और हेल्थकेयर!

    आज आप देख रहे हैं, भारत का Education system कई दशक के बाद कितने बड़े transformation से गुजर रहा है: PM @narendramodi

    — PMO India (@PMOIndia) March 5, 2025

    सभी Primary Health Centres में टेलीमेडिसिन सुविधा का विस्तार हो रहा है।

    डे-केयर कैंसर सेंटर और digital healthcare infrastructure के जरिए हम quality healthcare को लास्ट माइल तक पहुंचाना चाहते हैं: PM @narendramodi

    — PMO India (@PMOIndia) March 5, 2025

    इस बजट में घरेलू और अंतर्राष्ट्रीय टूरिज़्म को बढ़ावा देने के लिए कई फैसले लिए गए हैं।

    देश भर में 50 destinations को टूरिज्म पर फोकस करते हुए विकसित किया जाएगा।

    इन destinations में होटलों को infrastructure का दर्जा दिए जाने से Ease of Tourism बढ़ेगा, स्थानीय रोजगार को भी बढ़ावा…

    — PMO India (@PMOIndia) March 5, 2025

    भारत AI की क्षमताओं को विकसित करने के लिए national Large Language Model की स्थापना भी करेगा।

    इस दिशा में हमारे प्राइवेट सेक्टर को भी दुनिया से एक कदम आगे रहने की जरूरत है।

    एक reliable, safe और democratic देश, जो AI में economical solutions दे सके, विश्व को उसका इंतज़ार है: PM…

    — PMO India (@PMOIndia) March 5, 2025

    स्टार्टअप्स को बढ़ावा देने के लिए सरकार ने इस बजट में कई कदम उठाए हैं।

    रिसर्च और इनोवेशन को बढ़ाने के लिए 1 लाख करोड़ रुपये का corpus fund पास किया गया है।

    इससे डीप टेक फंड ऑफ फंड्स के साथ उभरते सेक्टर्स में निवेश बढ़ेगा: PM @narendramodi

    — PMO India (@PMOIndia) March 5, 2025

    ज्ञान भारतम मिशन के माध्यम से भारत की समृद्ध manuscript heritage को संरक्षित करने की घोषणा बहुत ही अहम है।

    इस मिशन के माध्यम से एक करोड़ से अधिक manuscript…पांडुलिपियों को डिजिटल फॉर्म में बदला जाएगा: PM @narendramodi

    — PMO India (@PMOIndia) March 5, 2025

     

    ***

    MJPS/SR

    (Release ID: 2108407) Visitor Counter : 50

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: Pre-event press release for Kolkata roadshow to be held on 7th March, 2025

    Source: Government of India

    Posted On: 05 MAR 2025 2:32PM by PIB Delhi

    The Ministry of Development of North Eastern Region (MDoNER) is organising the North East Trade and Investment roadshow in Kolkata on 7th March, 2025, starting from 10:30 a.m. onwards at Hotel JW Marriott Kolkata. The event will be graced by Dr. Sukanta Majumdar, Hon’ble Minister of State, Ministry of Development of North Eastern Region and Ministry of Education, Government of India. Shri Dharmvir Jha, Statistical Adviser, Ministry of Development of North Eastern Region along with senior representatives from North Eastern States will participate in the event.

    The roadshow is being organised in collaboration with the State Governments of North Eastern Region, FICCI (Industry Partner), and Invest India (Investment Facilitation Partner).

    Kolkata roadshow is the ninth major roadshow as part of pre-summit activities of North East Investors Summit and will be featuring presentations from representatives of the eight North Eastern states viz. Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura. These states will highlight various investment opportunities across key sectors, inter alia, including Infrastructure and Logistics, Agri & Allied industries, IT & ITES, Energy, Textiles, Handloom & Handicrafts, Tourism & Hospitality, Education & Skill, Healthcare, Entertainment and Sports. The roadshow will also feature B2G (Business-to-Government) meetings, which will provide a unique platform to investors to engage directly with State representatives and explore sectoral opportunities in the North Eastern Region.

    The North East Investors Summit to be organised by MDoNER, aims to attract investments and stimulate economic development. Previous roadshows in Mumbai, Hyderabad, Kolkata, Bengaluru, Ahmedabad and Chennai received strong participation.

    The Kolkata roadshow is the second of its kind in the city and aims to build on the momentum of previous event, offering a platform for investors to engage directly with state officials. Kolkata’s strategic proximity to the North Eastern states makes it an ideal gateway for investment and the success of earlier roadshows has reinforced investor confidence in the region, contributing to the realization of the Prime Minister’s vision of a ‘Viksit Bharat Viksit North East’.

    The recently held roadshow held in Chennai on 5th February, 2025, was attended by Shri Jyotiraditya M. Scindia, Hon’ble Union Minister for the Ministry of Development of North Eastern Region (MDoNER), was a remarkable success. The keen participation from investors in the B2G meetings marked the growing appeal of the region as an investment destination.

    The roadshow in Kolkata is expected to attract many potential investors eager to be part of the growth journey in North East India.

    *****

    Samrat/Dheeraj/Allen

    (Release ID: 2108387) Visitor Counter : 60

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI Asia-Pac: TRIFED’s Role in Tribal Development From Local Artisans to Global Markets

    Source: Government of India

    Posted On: 05 MAR 2025 2:30PM by PIB Delhi

    Introduction

    India is home to over 10.45 crore Scheduled Tribe (ST) individuals—comprising 8.6% of the total population—representing a vast and diverse tribal heritage. The Government of India has demonstrated a strong commitment to the socio-economic development of Scheduled Tribes by taking several initiatives based on a multi-pronged approach.

    The overall budget for the development of Scheduled Tribes has risen from ₹10,237.33 crore in 2024-25 to ₹14,925.81 crore in 2025-26, marking an impressive 45.79% increase. A long-term perspective reveals significant progress: from ₹4,497.96 crore in 2014-15 to ₹7,411 crore in 2021-22, and now a 231.83% increase since 2014-15, demonstrating the government’s sustained focus on tribal welfare.

    In line with this commitment, the Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED), under the Ministry of Tribal Affairs, has been actively working to enhance the marketing and economic conditions of tribal communities. TRIFED’s mission is to promote the socio-economic development of tribal communities through the marketing development of tribal products.

    Van Dhan Yojana: Transforming Tribal Livelihoods

     

    [4]Launched on 14th April 2018, the Van Dhan Yojana is a flagship initiative under the ‘Mechanism for Marketing of Minor Forest Produce (MFP) through Minimum Support Price (MSP) & Development of Value Chain for MFP.’ Implemented by TRIFED as the nodal agency, the scheme aims to generate livelihood opportunities for tribal gatherers by transforming them into entrepreneurs. Van Dhan Vikas Kendras (VDVKCs) have been established in tribal-dominated districts, where tribal Self-Help Groups (SHGs) engage in the collection, value addition, and marketing of MFPs. Each VDVK cluster comprises 15 tribal SHGs with about 300 beneficiaries. The initiative, 100% funded by the Central Government, provides ₹15 lakhs per cluster to support tribal entrepreneurship, ensuring a sustainable source of income for forest-dwelling communities.

    Since its inception, the Van Dhan Yojana has significantly improved the livelihoods of tribal communities across India. The initiative has benefited over 11.83 lakh tribal individuals, enhancing their income and fostering sustainable development. With substantial funding of ₹587 crores, the scheme has provided economic opportunities and empowered forest-dependent communities to become self-reliant.

     

    The implementation of the Van Dhan Yojana follows a structured approach to empower tribal communities. The process involves the formation of 20-member Self-Help Groups (SHGs), training, provision of value addition equipment, establishment of storage and logistics systems, and branding and marketing support. These steps ensure that the tribal gatherers move up the value chain from mere raw material suppliers to producers of high-value finished goods, significantly enhancing their incomes and economic stability.

    TRIBES INDIA- Bridging Tribal Products with Global Markets

    TRIFED aims at accelerating economic development of tribal people, the poorest among the poor, through the marketing of their products on sustainable basis and providing wider exposure to their art and craft in domestic as well as international markets. More than 200 tribal communities, residing in remote regions, strive to preserve their traditional arts and crafts. To support their economic welfare, TRIFED launched TRIBES INDIA in 1999, opening its first retail outlet in New Delhi.

    Today, TRIBES INDIA has expanded to 117 retail outlets across India. TRIFED operates 15 Regional Offices to source handicrafts, handlooms, and natural food products from tribal artisans, Self-Help Groups (SHGs), and affiliated organisations. These products are sold through 35 own showrooms and 8 consignment showrooms, as well as exhibitions. Expanding its reach, TRIFED now markets tribal products globally via www.tribesindia.com, ensuring fair pricing and wider exposure for artisans.

     

    Strategic Partnerships and Initiatives: Empowering Tribes Through Collaboration

    To further its mission, TRIFED has entered into several strategic partnerships aimed at facilitating tribal entrepreneurship and enhancing market access for tribal products.

    Partnership

    Date

    Objective

    National Institute of Fashion Technology (NIFT) & Himachal Pradesh Horticulture Produce Marketing and Processing Corporation Ltd (HPMC)

    24th February 2025

    Facilitating product curation and design development of handloom and handicraft products by tribal artisans (NIFT). Augmenting technology and tertiary processing of horticulture and minor forest products (HPMC).

    Rooftop

    24th February 2025

    Providing art workshops and skill enhancement opportunities for tribal artisans.

    Meesho, Indian Federation of Culinary Associations (IFCA), and Mahatma Gandhi Institute of Rural Industrialisation (MGIRI)

    18th February 2025

    Enabling onboarding of tribal products on Meesho’s platform, long-term collaborations with culinary professionals (IFCA), and capacity-building for artisans (MGIRI).

    Tea Trunk

    17th February 2025

    Boosting the tribal economy through market presence, sustainable development, and skill-building for tribal producers.

     

    Aadi Mahotsav – Celebrating Tribal Excellence and Entrepreneurship

    Aadi Mahotsav, the flagship initiative of TRIFED, is an annual event that celebrates India’s rich tribal heritage, culture, arts, crafts, cuisine, and commerce. The 2025 edition, held from 16th to 24th February at Major Dhyan Chand National Stadium in New Delhi, brought together over 600 tribal artisans from 30+ States and Union Territories, 500 performing artists showcasing various tribal dance forms, and 25 tribal food stalls presenting indigenous cuisines from different regions. The event also featured live painting sessions by tribal artisans, collaborations with 20 Public Sector Undertakings (PSUs) and 35 training institutes, and the signing of 25+ MoUs with design institutes and corporate houses. The theme of the festival, “A Celebration of the Spirit of Entrepreneurship, Tribal Craft, Culture, Cuisine and Commerce,” represents the basic ethos of tribal life.

    Building a Self-Reliant Tribal Economy

    TRIFED’s initiatives, including Van Dhan Yojana, TRIBES INDIA, and Aadi Mahotsav, are driving tribal empowerment by fostering entrepreneurship, enhancing market access, and preserving traditional crafts. With strategic partnerships, retail expansion, and cultural events, these programs create sustainable livelihoods and economic self-reliance for tribal communities, ensuring their integration into the mainstream economy while celebrating their rich heritage.

    References

    Click here to see PDF:

    Santosh Kumar/Sarla Meena/ Anchal Patiyal

    (Release ID: 2108385) Visitor Counter : 46

    MIL OSI Asia Pacific News –

    March 6, 2025
  • MIL-OSI: Barnwell Industries, Inc. Disqualifies Ned Sherwood’s Board Nominees Included in Defective and Insufficient Nomination Notice for 2025 Annual Meeting

    Source: GlobeNewswire (MIL-OSI)

    Sets March 14, 2025, as Record Date for Shareholders to Act by Written Consent in Connection with Sherwood’s Latest Self-Serving Campaign to Take Control of Barnwell

    Sherwood’s Consent Solicitation is Yet Another Attempt to Steal the Company from Shareholders Without Paying a Premium for Control

    HONOLULU, March 05, 2025 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the “Company”) today announced that the Executive Committee of the Barnwell Board of Directors has disqualified the controlling slate of director nominees submitted by one of its shareholders, Ned Sherwood, in connection with 2025 Annual Meeting of Shareholders.

    As previously disclosed on February 25, 2025, the Executive Committee informed Sherwood that it rejected his nomination notice because it was defective and insufficient as it failed to include material information required by both the Company’s bylaws and federal securities regulations.

    Barnwell Sets Record Date for Sherwood’s Consent Solicitation

    Sherwood Continues to Seek Control of Barnwell with NO PLAN Other than to
    Take Control of the Company

    Sherwood is now aggressively pursuing shareholder approval to replace the entire Barnwell Board of Directors. This is yet another attempt by Sherwood to seize control of Barnwell at the expense of its public shareholders, without offering any premium for control. Moreover, despite repeated requests from the Company over several months, Sherwood has failed to present any alternative strategy for the Company, and after many months, his so-called plan is still forthcoming.

    Furthermore, Sherwood is now attempting to oust his own nominee, Doug Woodrum, a current Barnwell Board member, who was part of Sherwood’s slate for the upcoming 2025 Annual Meeting. Notably absent from Sherwood’s Consent Solicitation is another previously chosen nominee, Sherwood’s Chief Investment Officer, Ben Pierson, who was secretly buying Barnwell shares throughout 2024 while Sherwood was party to a Cooperation Agreement with the Company.

    Sherwood’s latest attempt to replace the entire Barnwell Board with his slate of hand-picked nominees continues his long history of disrupting the Company’s governance processes and interfering with the Company’s operations, while creating significant expense to the Company. Indeed, the Executive Committee has sought several times to avoid the cost and distraction of Sherwood’s actions, including a recent settlement offer whereby five of seven directors would be individuals expressly approved by Sherwood who would then become Chairman of the Board. However, Sherwood’s sole interest appears to be to have 100% control of the Board.

    Barnwell shareholders of record as of the close of business on March 14, 2025, are eligible to execute, withhold and revoke written consents. Barnwell expects to file preliminary consent revocation materials with the Securities and Exchange Commission (the “SEC”) in response to the preliminary consent solicitation statement filed by Sherwood on March 4, 2025.

    The Barnwell Executive Committee Comprises Majority Independent and
    Highly Experienced Directors Acting on Behalf of All Shareholders

    As Barnwell has disclosed, the current Board was expressly approved by Sherwood under a 2023 settlement whereby the Company and Sherwood each designated two directors. At that time, a fifth director, Joshua Horowitz, was selected as a compromise board member and was vetted by Sherwood and expressly endorsed by both parties to the settlement agreement.

    The Company also separately announced today that it has entered into a non-binding letter of intent to sell its water well subsidiary, as part of its ongoing plan to refocus on its core oil and gas exploration business and reduce general and administrative expenses, all of which actions have been previously endorsed by Sherwood.

    The Barnwell Executive Committee will continue to take actions that it believes represent the best interest of ALL Barnwell shareholders.

    The Company also announced that it expects to hold its uncontested 2025 Annual Meeting of Shareholders in its fiscal third quarter (second calendar quarter) of 2025. The record date and meeting date for the 2025 Annual Meeting have not yet been set.

    Forward-Looking Statements

    The information contained in this press release contains “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. A forward-looking statement is one which is based on current expectations of future events or conditions and does not relate to historical or current facts. These statements include various estimates, forecasts, projections of Barnwell’s future performance, statements of Barnwell’s plans and objectives, and other similar statements. Forward-looking statements include phrases such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “predicts,” “estimates,” “assumes,” “projects,” “may,” “will,” “will be,” “should,” or similar expressions. Although Barnwell believes that its current expectations are based on reasonable assumptions, it cannot assure that the expectations contained in such forward-looking statements will be achieved. Forward-looking statements involve risks, uncertainties and assumptions which could cause actual results to differ materially from those contained in such statements. The risks, uncertainties and other factors that might cause actual results to differ materially from Barnwell’s expectations are set forth in the “Forward-Looking Statements,” “Risk Factors” and other sections of Barnwell’s annual report on Form 10-K for the last fiscal year and Barnwell’s other filings with the Securities and Exchange Commission. Investors should not place undue reliance on the forward-looking statements contained in this press release, as they speak only as of the date of this press release, and Barnwell expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein.

    Important Additional Information and Where to Find It

    Barnwell Industries, Inc. (the “Company”) plans to file proxy materials with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the Company’s 2025 annual meeting of stockholders (the “2025 Annual Meeting”) and plans to file a consent revocation statement in connection with the Sherwood Group’s consent statement which, among other things, seeks to remove and replace the current members of the Board of Directors of the Company. Prior to the 2025 Annual Meeting, the Company will file a definitive proxy statement (the “Proxy Statement”) together with a WHITE proxy card. The Company will also file a definitive revocation statement (the “Revocation Statement”) together with a WHITE revocation card. STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND THE REVOCATION STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE COMPANY WILL FILE WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders will be able to obtain, free of charge, copies of the Proxy Statement, the Revocation Statement and any amendments or supplements thereto and any other documents (including the WHITE proxy card and WHITE revocation card) when filed by the Company with the SEC at the SEC’s website (http://www.sec.gov) or at the Company’s website at https://ir.brninc.com/ or by contacting Alexander Kinzler, Secretary and General Counsel of the Company, by phone at (808) 531-8400, by email at akinzler@brninc.com or by mail at Barnwell Industries, Inc., 1100 Alakea Street, Suite 500, Honolulu, Hawaii 96813.

    Certain Information Regarding Participants

    The Company, its directors and certain of its executive officers and other employees may be deemed to be “participants” (as defined in Section 14(a) of the Securities Exchange Act of 1934, as amended) in the solicitation of proxies from stockholders in connection with the 2025 Annual Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, will be set forth in the Proxy Statement and other materials to be filed with the SEC in connection with the 2025 Annual Meeting. Information relating to the foregoing can also be found in the Company’s definitive proxy statement for its 2024 annual meeting of stockholders, filed with the SEC on April 2, 2024. To the extent holdings of such participants in the Company’s securities have changed since the amounts described in the Proxy Statement, such changes have been reflected on Statements of Change in Ownership on Form 3 and Form 4 filed with the SEC: Form 3, filed by Craig Hopkins, with the filings of the Company on May 16, 2024; Form 4, filed by Craig Hopkins, with the filings of the Company on May 20, 2024, August 29, 2024, January 13, 2025 and January 17, 2025; Form 4, filed by Joshua Horowitz, with the filings of the Company on August 23, 2024 and October 28, 2024; Form 4, filed by Kenneth Grossman, with the filings of the Company on October 28, 2024; and Form 4, filed by Douglas Woodrum, with the filings of the Company on October 28, 2024. These filings can be found at the SEC’s website at www.sec.gov. More detailed and updated information regarding the identity of potential participants, and their direct or indirect interests (by security holdings or otherwise), will be set forth in the proxy statement and other materials to be filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

    CONTACTS:                         

    Investors:
    Bruce Goldfarb / Chuck Garske
    (212) 297-0720
    info@okapipartners.com

    Kenneth S. Grossman
    Vice Chairman of the Board of Directors
    Email: kensgrossman@gmail.com                

    The MIL Network –

    March 6, 2025
  • MIL-OSI Russia: Gazprom Job Fair at Polytechnic: Current Offers for Students and Graduates

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    On March 4, the Polytechnic University hosted a job fair for Gazprom subsidiaries and organizations. The companies presented current job vacancies and internship opportunities throughout Russia. The Polytechnic University is Gazprom’s flagship university. The event was organized by the Career Development Department of the Directorate of Basic Educational Programs at SPbPU.

    In the research complex “Technopolis Polytech” students and graduates got acquainted with the offers and conditions, filled out questionnaires. Representatives of subsidiaries and organizations held thematic quizzes, quizzes and gave gifts.

    Polytechnic University as a flagship university of Gazprom provides students with unique opportunities. This includes practice on real cases of subsidiaries and organizations across the country, training in joint specialized courses, access to Gazprom digital laboratories at the university. All this allows for a seamless transition from student to employee and provides young specialists with sought-after competencies at the request of enterprises, commented Lyudmila Pankova, Vice-Rector for Educational Activities at SPbPU.

    Gazprom’s career offers cover all areas of training, from mechanical engineering to law and information technology.

    Gazprom Transgaz Saint Petersburg includes 18 branches, six of which are located in the Leningrad Region. The company’s plans are related to the implementation of the investment project “Volkhov-Murmansk Main Gas Pipeline”, students from the Institute of Economics, Institute of Economics and Technology, and Institute of Metallurgy and Metallurgy are invited for cooperation.

    Gazprom Energo is engaged in the design, construction, operation of energy supply facilities, technological connection of gas production, processing and transportation facilities. The company is waiting for students of IMPEiT and GI.

    Gazprom Neft is one of the three largest Russian companies in terms of oil production and refining volumes, and operates in key Russian oil and gas regions. It is of interest to representatives of the Institute of Scientific Research, the Institute of Petroleum and Oil Industry, the Institute of Physics and Mechanics, and the Institute of Petroleum Engineering and Technology.

    Gazprom International Limited invites students from the Institute of Petroleum Engineering and the Institute of Mining and Gas Engineering to undergo industrial practice and internships at production facilities with the subsequent possibility of employment on staff.

    Gazprom Flot’s main activities are fleet operations, development and operation of coastal support bases and port infrastructure, creation of specialized vessels and construction of wells on the continental shelf, as well as participation in the implementation of LNG projects. They need students from IPMET.

    “Gazstroyprom” is the parent company of a multi-profile holding company that carries out a full range of work within the framework of projects for the extraction, processing and transportation of natural gas. The company’s representatives need talented young specialists for the high-quality development of their potential.

    At the job fair, activists of the St. Petersburg regional branch of the youth all-Russian public organization “Russian student brigades” presented their activities with the assistance of students of SPbPU. At the stand, they talked about their internship in the brigades, trips to various enterprises in Russia, including Gazprom.

    Also, representatives of SPbRO held a meeting with experts from Gazprom, RSO Engineering and Polytechnic University student teams. The event was attended by the Vice-Rector for Youth Policy and Communication Technologies of SPbPU Maxim Pasholikov and the Head of the Youth Policy Department Ivan Khlamov. They discussed prospects for cooperation and interaction between the organizations.

    We paid special attention to the possibilities of involving Polytechnic teams in Gazprom’s labor projects. We discussed indexation of student salaries, receiving subsidies for professional training in special specialties, – shared the commander of the SPbPU student teams headquarters Anri Oganisyan.

    In addition, a tour of the facilities created within the framework of the “PAO Gazprom Flagship University” project was held. The company’s employees visited the laboratories and classrooms of the Polytechnic University, which were modernized with the support of Gazprom.

    Assistant to the Deputy Chairman of the Management Board of Gazprom Vyacheslav Kalugin noted the importance of interaction between the university and the company, wished them success and expressed hope for continued fruitful cooperation in this area.

    The final event of the job fair was a round table discussion on “Problems of Forming Interaction between Students and Organizations: Expectation vs. Reality.” The moderator was the curator of the “PAO Gazprom Flagship University” project, Janis Olekhnovich.

    Only close cooperation between students and organizations will make it possible to respond to real market demands, emphasized Janis Aigarsovich.

    During the discussion, university students actively asked questions regarding their future professional development: “Who can I become when I join the organization?”, “How can I get internships and practical training?”, “How can I combine work with study and stay in the company after graduating?” etc. The event became an important step in strengthening the interaction between the educational institution and business, as well as in finding answers to key questions that concern students.

    Photo archive

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    March 6, 2025
  • MIL-OSI Russia: Moscow Metro Launches Pilot of Digital Ruble Payments Using Universal QR Code

    Translartion. Region: Russians Fedetion –

    Source: Moscow Metro

    The Moscow Metro, together with the Central Bank of the Russian Federation (CBRF) and VTB Bank, is piloting a new method of paying for travel with a digital ruble using a universal QR code. As part of the closed beta testing, the focus group successfully purchased Troika cards and topped up their balance with a digital ruble at ticket offices.

    Moscow metro.. Moscow Metro.

    The innovative system simplifies the payment process:

    1. Passengers use their bank’s mobile app to scan a single static QR code located at the ticket counter.

    2. They choose a digital ruble or a fast payment system (FPS) and confirm the payment.

    Moscow is the world leader in the number of payment methods in public transport. In the future, passengers will be able to pay with the digital ruble along with cash and contactless payments. Currently, we are working with our partners to verify and analyze the accuracy of transactions with digital currency. Following the instructions of Moscow Mayor Sergei Sobyanin, we are introducing fast, convenient and secure payment solutions, – said Maxim Liksutov.

    MIL OSI Russia News –

    March 6, 2025
  • MIL-OSI Russia: Financial news: 05.03.2025 the deposit auction of the Moscow Small Business Lending Assistance Fund will take place

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    The date of the deposit auction is 03/05/2025. Placement currency is RUB. The maximum amount of funds placed (in the placement currency) is 160,000,000.00. Placement period, days 92. Date of depositing funds is 03/05/2025. Date of return of funds is 06/05/2025. Minimum placement interest rate, % per annum is 20.30. Terms of the conclusion, urgent or special (Urgent). The minimum amount of funds placed for one application (in the placement currency) is 160,000,000.00. The maximum number of applications from one Participant, pcs. 1. Auction form, open or closed (Open). Basis of the Agreement is the General Agreement. Schedule (Moscow time). Applications in preliminary mode from 10:30 to 10:40. Bids in competition mode from 10:40 to 10:45. Setting the cutoff percentage or declaring the auction invalid until 10:55.

    Additional conditions – Placement of funds with the possibility of early withdrawal of the entire deposit amount and payment of interest accrued on the deposit amount at the rate established by the deposit transaction, in the event of non-compliance of the Bank with the requirements established by clause 2.1. of the Regulation “On the procedure for selecting banks for placing funds of the Moscow Small Business Lending Assistance Fund in deposits (deposits) under the GDS” (as amended on the date of the deposit transaction), early withdrawal at the “on demand” rate, interest payment monthly, on the last business day of the month, without replenishment.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.MO/N78199

    MIL OSI Russia News –

    March 6, 2025
  • MIL-OSI Russia: Moscow Metro Pilots Digital Ruble Payments via Universal QR Code

    Source: Moscow Metro

    The Moscow Metro, in collaboration with the Central Bank of Russia (CBR) and VTB Bank, is piloting a new payment method using the digital ruble via a universal QR code. The closed-beta test involves a focus group successfully purchasing Troika cards and topping up their balance using the digital ruble at ticket booths.

    Moscow Metro.

    This innovative system simplifies the payment process:

    1. Passengers use their bank’s mobile app to scan a single, static QR code located at the ticket booth.

    2. They select the digital ruble or the Fast Payment System (FPS) and confirm the payment.

    Moscow is a global leader in the number of payment methods available on public transport. In the future, passengers will be able to pay using the digital ruble alongside cash and contactless payments. Currently, we are working with our partners to verify and analyze the accuracy of digital currency transactions. Following the directive of Moscow Mayor Sergey Sobyanin, we are implementing fast, convenient, and secure payment solutions, – stated Maksim Liksutov.

    MIL OSI Russia News –

    March 6, 2025
  • MIL-OSI China: China to facilitate private firm financing: official

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

    BEIJING, March 5 — China will step up efforts to facilitate financing for private enterprises and micro and small enterprises, Li Yunze, head of the National Financial Regulatory Administration, said Wednesday.

    China will increase the supply of credit to private enterprises, and reduce overall financing costs to deliver more benefits to businesses, Li said on the sidelines of the ongoing session of the national legislature.

    Private enterprises account for over 92 percent of all companies in China, and their share in micro and small enterprises is even higher, Li noted.

    In a government work report unveiled Wednesday, China has pledged to refine and develop new structural monetary policy instruments to provide stronger support for private businesses and micro and small enterprises.

    Half a month before the annual sessions of China’s top legislature and political advisory body, China held a high-level symposium on private enterprises, sending a signal of strong support for private businesses.

    As part of its latest efforts to ramp up the growth of the private sector, the country is also advancing the private economy promotion law, in a move to dismantle barriers, unlock the sector’s full potential and create a fairer and more dynamic business environment.

    MIL OSI China News –

    March 6, 2025
  • MIL-OSI Europe: Written question – Promoting cheaper energy to reduce inflation – E-000829/2025

    Source: European Parliament

    Question for written answer  E-000829/2025
    to the Commission
    Rule 144
    Georgios Aftias (PPE)

    Economists point out that high energy costs will put the economies of many countries in the EU under considerable pressure. Mario Draghi, Italy’s former prime minister and former European Central Bank president, stressed that ‘electricity prices in all EU countries have increased compared to last year and are two to three times higher than those in the United States. We must lower energy prices.’

    In addition, the European Commission predicts that growth in the EU will not exceed 0.9 % this year. What is more, EU officials have publicly expressed the view that ‘Europe’s energy deficit, combined with the end to the supply of Russian gas via Ukraine and Trump’s threats of tariffs on imports from the EU are creating new inflationary pressures’.

    Based on the above, can the Commission answer the following:

    • 1.What measures does it intend to take to rein in these pressures?
    • 2.Will it proceed with setting a single electricity price for the whole of the EU, in order to significantly reduce inflation?

    Submitted: 24.2.2025

    Last updated: 5 March 2025

    MIL OSI Europe News –

    March 6, 2025
  • MIL-OSI Europe: New EU programme launched with banking sector to support women entrepreneurs across Europe

    Source: European Investment Bank

    EIB

    • EIB and European Commission launch first-ever “Gender Finance Lab for commercial banks” under the InvestEU Advisory Hub
    • So far 25 European banks committed to joining new masterclass programme to boost funding for women entrepreneurs
    • Launch takes place on the margins of the EIB Group Forum

    The European Investment Bank and the European Commission have launched today a first of its kind advisory programme aimed at helping EU commercial banks improve access to finance for women-owned and women-led SMEs in Europe.

    Women make up a third of Europe’s entrepreneurs and yet many of them face major financial barriers.

    The InvestEU Gender Finance Lab, developed by the EIB Group with funding from the InvestEU Advisory Hub, aims to support financial intermediaries, including commercial banks and fund managers. 

    A tailored masterclass programme is being launched to seize the opportunity of increasing investments in female entrepreneurs. It will help banks leverage the investment opportunities presented by women entrepreneurs, create more innovative and relevant financial products, and share good practice among fellow financial institutions to better serve women entrepreneurs and bridge the gender finance gap.

    Research shows women-led and -owned businesses exhibit lower risk profiles, higher repayment rates, and greater customer loyalty. They also thrive in management, innovation, and environmental, social, and corporate governance (ESG). Globally, the women’s market represents a significant $700 billion global revenue opportunity. Beyond the business case, helping commercial banks close the gender finance gap will also address the potential economic impact of women-owned and women-led businesses.

    EIB President Nadia Calviño said: “Partnering to nurture Europe’s potential is at the heart of what the EIB Group is doing here alongside the European Commission and our partners in Europe’s banking sector. Investing in women entrepreneurs is not only the right thing to do, but also the smart thing to do; driving growth, prosperity, and stability across the European economy.”

    The Gender-Smart Finance Master Class will be delivered as an eLearning programme. Its first cohort will start in March 2025, bringing together representatives from EU commercial banks, including practitioners on SME business, product development, business strategy and Environmental, Social and Governance professionals. A second session is foreseen in Autumn 2025.

    The programme will include live webinars, interactive discussions, and access to a virtual knowledge hub.

    Key components of the programme include:

    • Exploring the market potential of women-owned and women-led SMEs and their contributions to economic growth.
    • Designing gender-responsive financial and non-financial products and services.
    • Implementing gender-smart data analysis, result measurements, and reporting mechanisms.
    • Staying informed about global gender finance initiatives such as Gender lens investing with the EIB Group, including the 2X Criteria as a global standard for gender-lens investing.
    • Enhancing professional networks, building connections and gaining insights from distinguished professionals and experts in gender-smart SME banking

    This Programme is financed by the EIB InvestEU Advisory Hub Gender Finance Lab and free of charge for participating institutions. Managed by the European Commission and funded by the EU, the InvestEU Advisory Hub connects project promoters with advisory partners, with the European Investment Bank Group as the main advisory partner under InvestEU.

    For more information, please contact genderfinancelab@eib.org 

    Background information:

    EIB Group

    The EIB Group is the financing institution of the European Union owned by its Member States. It supports investment contributing toward EU policy goals, including sustainable growth, social and territorial cohesion, innovation and security. It finances its operations in global capital markets and has been consistently profitable in its operations since its inception. The EIB Group is the pioneer and one of the largest issuers of green bonds, while all of its operations are aligned with the Paris Climate Agreement.

    The EIB Group signed nearly €89 billion in new financing for over 900 projects in 2024. These commitments are expected to mobilise around €350 billion in investment, supporting 400 000 companies and 5.8 million jobs.  

    To enhance the positive impact of its activities on gender equality and empower women and girls, the EIB Group adopted a Strategy on Gender Equality and Women’s Economic Empowerment and a Gender Action Plan, with the aim of embedding gender equality and in particular women’s economic empowerment in the EIB’s business model. It covers its lending, blending and advisory work within and outside the European Union. The EIB Group is also committed to driving gender equality in the workplace.

    InvestEU

    The InvestEU programme provides the European Union with crucial long-term funding by leveraging substantial private and public funds in support of a sustainable recovery and growth. It helps mobilise private investments for the European Union’s policy priorities, such as the European Green Deal and the digital transition. The InvestEU programme brings together under one roof the multitude of EU financial instruments currently available to support investment in the European Union, making funding for investment projects in Europe simpler, more efficient and more flexible. InvestEU has three components: the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal. The InvestEU Fund is implemented through financial partners that invest in projects using the EU budget guarantee worth €26.2 billion. That guarantee will back investment projects of the implementing partners, increase their risk-bearing capacity and thus mobilise at least €372 billion in additional investment.

    New EU programme launched with banking sector to support women entrepreneurs across Europe
    New EU programme launched with banking sector to support women entrepreneurs across Europe
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    European Commission logo EN
    European Commission logo
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    MIL OSI Europe News –

    March 6, 2025
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