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  • MIL-OSI Asia-Pac: Seven High-Impact Projects (e-Nodes) Selected for Support under MAHA-EV Mission

    Source: Government of India

    Posted On: 05 MAY 2025 12:16PM by PIB Delhi

    The Anusandhan National Research Foundation (ANRF) announced the selection of seven e-Nodes for support under its “Mission for Advancement of High-impact Areas on Electric Vehicles” (MAHA-EV). The current program launched under the umbrella of ANRF’s national mission, aims to address the critical challenges and drive innovation in India’s electric vehicle ecosystem.

    ANRF MAHA-EV call for proposal focussed on three strategically defined Technological Verticals (TV) are Tropical EV Battery and Battery Cells (TV-I), Power Electronics, Machines and Drives (PEMD)- (TV-II) and EV Charging Infrastructure (TV-III).

    The each selected electric mobility nodes (e-nodes) will execute the project in consortia mode involving academic institutions/R&D laboratories with the mandatory industry participation, in order to contribute to and establish the R&D in the EV sector of the country.

    The seven e-Nodes are selected under the ANRF’s MAHA-EV mission are:  Indian Institute of Technology Bombay, International Advanced Research Centre for Powder Metallurgy and New Materials Hyderabad, National Institute of Technology Surathkal, Indian Institute of Technology Kanpur, Indian Institute of Technology-BHU, CSIR- Central Electronics Engineering Research Institute, Pilani and Indian Institute of Technology Kharagpur, respectively.

    The call noticed wide enthusiasm among all stakeholders and 227 proposals were received in consortia mode from academic institutions, R&D laboratories and the industrial section.

    The selectedseven e-Nodes, twoof whichwill focus on Tropical EV batteries and Cell technologies (TV-I) three of which will work on Power electronics machines and drives (TV-II) and the remainingtwo  e-Nodes will focus on Charging Infrastructure under TV-III.

    The MAHA-EV Mission leads to catalyze India’s leadership in next-generation electric mobility solutions, aligned with the goals of sustainability, innovation, and self-reliance.

    Click here to see the list of institutions as given in Annexure-I (Attached):-

    ***

    NKR/PSM

    (Release ID: 2126962) Visitor Counter : 48

    MIL OSI Asia Pacific News –

  • MIL-OSI Russia: Rosneft employees performed the Victory Waltz in Yugra and Yamal

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    In honor of the 80th anniversary of the Victory, Samotlorneftegaz and Sevkomneftegaz (Rosneft production enterprises in Yugra and Yamal) held a patriotic event, “Victory Waltz,” in Nizhnevartovsk and Gubkinsky, in which representatives of three generations took part: veterans, employees of enterprises, and students of “Rosneft classes.”

    The famous waltz “Blue Handkerchief” was chosen for the production; it was performed for soldiers on the fronts of the Great Patriotic War by Klavdiya Shulzhenko and other famous artists.

    Preparation for the action took Samotlorneftegaz employees a month of continuous training. Under the guidance of choreographers, the participants of the event honed every movement and practiced their acting skills.

    The result of intensive rehearsals was a bright and emotional performance of 40 dance couples on the eve of Victory Day to the legendary composition. The production was presented at three venues in Nizhnevartovsk – in Victory Park, at the memorial complex “First exploratory well of the Samotlor field R-1” and in front of the main office of the enterprise.

    Young men in gymnasterkas and girls in stylized dresses managed to create the atmosphere of May 1945, when after the announcement of Victory people danced and sang right on the streets of cities and towns. In the finale, the participants of the choreographic production lined up in the shape of the number “80”.

    SevKomNeftegaz employees performed at the G.V. Sviridov Children’s Art School in Gubkinsky. The dance couples included the spouses of the company’s employees, which gave the performance a special emotionality. In addition, a dance to the chords of the nationally beloved waltz was performed at the Eternal Flame in Gubkinsky for participants in the patriotic motor rally of Rosneft enterprises, students of Rosneft classes, activists of the Movement of the First and the public organization Veteran.

    The “Victory Waltz” campaign became a sign of deep gratitude to the generation of victors from their children, grandchildren and great-grandchildren. The creative project evoked a lively response from the city residents.

    Rosneft organizes and actively participates in patriotic events that help strengthen historical memory and foster civic responsibility. The Company also supports projects aimed at reviving and preserving cultural, spiritual and national values. Currently, with the support of the Company, the Sretensky Monastery Choir is touring 24 cities in Russia with a musical production dedicated to the 80th anniversary of Victory in the Great Patriotic War.

    Department of Information and Advertising of PJSC NK Rosneft May 5, 2025

    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 –

  • MIL-Evening Report: Pacific ‘story sovereignty’ top of mind on World Press Freedom Day

    By Michelle Curran of Pasifika TV

    World Press Freedom Day is a poignant reminder that journalists and media workers are essential for a healthy, functioning society — including the Pacific.

    Held annually on May 3, World Press Freedom Day prompts governments about the need to respect press freedom, while serving as a day of reflection among media professionals about issues of press freedom and professional ethics.

    Just as importantly, World Press Freedom Day is a day of support for media which are targets for the restraint, or abolition, of press freedom.

    It is also a day of remembrance for those journalists who lost their lives in the pursuit of a story.

    According to Reporters Without Borders, the press freedom situation has worsened in the Asia-Pacific region, where 26 of the 32 countries and territories have seen their scores fall in the 2024 World Press Freedom Index.

    The region’s dictatorial governments have been tightening their hold over news and information with increasing vigour.

    No country in the Asia-Pacific region is among the Index’s top 15 this year, with Aotearoa New Zealand falling six places to 19. [Editor’s note: these figures are outdated — from last year’s 2024 Index. Go to the 2025 index here).

    Although experiencing challenges to the right to information, other regional democracies such as Timor-Leste (20th), Samoa (22nd) and Taiwan (27th) have also retained their roles as press freedom models.

    Storytelling a vital art
    Storytelling is inherent in Pacific peoples, and it is vital this art is nurtured, and our narrative is heard loud and clear — a priority goal for Pacific Cooperation Broadcasting Limited (PCBL) and Pasifika TV.

    Chief executive officer of PCBL Natasha Meleisea says Pacific-led storytelling is critical to regional identity, but like all media around the world, it faces all sorts of challenges and issues.

    “Some of those current concerns include the need for journalism to remain independent, as well as the constructive use of technology, notably AI and that it supports the truth and does not undermine it,” Meleisea said.

    Forums such as the Pacific Media Summit are critical to addressing, and finding a collective response to the various challenges, she added.

    At the biennial Pacific Media Summit, staged last year in Niue, the theme centred around Pacific media’s navigation of press freedom, AI and geopolitical interests, and the need to pave a resilient pathway forward.

    Resilient media sector
    Meleisea said some solutions to these issues were being implemented, to provide a resilient and sustainable media sector in the Pacific.

    “It is a matter of getting creative, and looking at alternative platforms for content, as well as seeking international funding and building an infrastructure which supports these new goals,” she says.

    “There is no doubt journalists and media workers are essential for a healthy, functioning society and when done right, journalism can hold those in power to account, amplify underrepresented stories, bolster democratic ideals, and spread crucial information to the public.

    “With press freedom increasingly under threat, we must protect Pacific story sovereignty, and our voice at the table.”

    Republished from Pasifika TV strategic communications.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: View from The Hill: a budding Trump-Albanese bromance?

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    It took an election win, but Anthony Albanese on Monday finally received that much-awaited phone call from US President Donald Trump.

    The conversation was “warm and positive,” the prime minister told a news conference, thanking the president for “reaching out”.

    “I won’t go into all of the personal comments that he made, but he was very generous in his personal warmth and praise towards myself. He was fully aware of the [election] outcome and he expressed the desire to continue to work with me in the future.”

    While they talked about tariffs (as well as AUKUS), the detailed engagement on that sensitive matter was left for later.

    Trump, as they say, loves a winner.

    When asked earlier in Washington about the Australian election, Trump said he was “very friendly” with Albanese.

    “I don’t know anything about the election other than the man that won, he’s very good, he’s a friend of mine,” the president said. Albanese had been “very, very nice to me, very respectful to me.

    “I have no idea who the other person is that ran against him.” There’s more than a touch of irony in this, given all the effort by the government and his other opponents to paint Peter Dutton as “Trump-lite”.

    The prime minister is likely to meet Trump soon, perhaps in June. Albanese has been invited to the G7 meeting in Canada. Trump may or may not be there but a meeting could be arranged around this.

    On the tariff front, the government is readying to defend the local film industry, after Trump announced a 100% tariff on all movies going into the United States.

    Arts Minister Tony Burke said: “Nobody should be under any doubt that we will be standing up unequivocally for the rights of the Australian screen industry.”

    Indonesia to be Albanese’s first foreign visit of new term

    Albanese announced his first overseas visit would be to Indonesia. This will be a particularly important visit, given the significance of the bilateral relationship and the recent Russian request (which Indonesia rejected) to base planes in Papua.

    Indonesian President Prabowo Subianto congratulated Albanese on his win in a call on Sunday.

    In the call, Albanese asked the president to host his first overseas visit, and the president said it would be “a great honour” to do so.

    Meanwhile, in the next few days Labor’s factions will be jostling over the spoils of victory. The factions work out broadly the membership of the frontbench, but Albanese, given he has massive authority with the huge win, will be able to impose his will in this process where he wants to do so. The prime minister allocates the portfolios.

    Although there will be changes, Labor sources are expecting substantial continuity between the old and new ministries, especially at the higher level.

    Albanese has previously confirmed top cabinet members, notably Treasurer Jim Chalmers, Foreign Minister Penny Wong, Defence Minister Marles, Finance Minister Katy Gallagher and Trade Minister Don Farrell, will remain in their present ministries.

    Most interest is in whether Environment Minister Tanya Plibersek is moved. Albanese would not say, when asked during the campaign, whether she would remain in environment although he confirmed she would stay in cabinet. Albanese and Plibersek have had a poor relationship over decades. She had expected to become education minister after the last election and was shocked to be given the environment portfolio/

    Albanese told his news conference “I want Labor to be the natural party of government”.

    Knife out for Angus Taylor

    What goes around comes around. Outgoing NSW Liberal senator Hollie Hughes, who blamed shadow treasurer
    Angus Taylor for her loss of preselection because he endorsed the candidate who beat her, has unleashed on Taylor’s leadership aspirations.

    Hughes told the ABC on Monday she would not support Taylor to be the next leader.

    She said the opposition’s economic narrative “was just completely non-existent. I’m not quite sure what [Taylor has] been doing for three years.

    “There was no tax plan, I think the economic team has significantly let down the parliamentary team, it’s let down our membership, it’s let down our supporters and it’s let down people in Australia broadly – the fact they had nothing to sell, nothing to say, and clearly had not done the work that was required.”

    She said deputy leader Sussan Ley had done “a fantastic job over the past three years and I’m hopeful that she will definitely still be part of our leadership.”

    Four names are in the mix for the successor to Peter Dutton, who lost his seat of Dickson in Saturday’s rout. They are Taylor, Ley, immigration spokesman Dan Tehan and defence spokesman Andrew Hastie. None has yet declared their candidature.

    Hastie told The West Australian at the weekend, “I certainly want to be able to drive change within the party itself and what that looks like will be up to my colleagues to determine”.

    Michelle Grattan 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. View from The Hill: a budding Trump-Albanese bromance? – https://theconversation.com/view-from-the-hill-a-budding-trump-albanese-bromance-255619

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Artea – new name of Šiaulių Bankas

    Source: GlobeNewswire (MIL-OSI)

    On May 5, 2025, Artea Bank will officially begin operations. This marks a historic and strategic transformation, as Šiaulių Bankas adopts a new name after more than 30 years of serving the Lithuanian market. The bank has also introduced new equity ticker on the Nasdaq Baltic Exchange: ROE1L.

    “We are turning a new page in our history, inspired by the trust shown to us by businesses, consumers and investors. Our ambition is to become the best bank in Lithuania and the first choice for the residents and corporations. The new name is a strategic decision that will strengthen our ability to achieve this goal.

    This decision has been maturing for some time, and we feel that now is the best time to proceed, as we have grown into a universal bank specializing in the Lithuanian market and we intend to continue develop our business in this direction,” says Vytautas Sinius, Chief Executive Officer of Artea Bank.

    From now on, the bank will unite all of the group companies – asset management, life insurance, consumer credit, and multi-apartment modernization funds – under one brand Artea. The new website address is www.artea.lt.

    The name Artea deliberately combines elements that convey the bank’s vision and commitment to being closer to its customers through a modern form and national identity.

    Artea emphasizes accessible, flexible and modern banking services for corporate and private customers.

    The rebranding is part of the bank’s updated strategy for 2024–2029. The bank announced the name change publicly in early March, 2025 prior to the general meeting of shareholders and on March 31 the general meeting of shareholders unanimously approved the decision to change the name to Artea Bank. On May 5, 2025 the bank’s articles of association with the new name were registered in the Register of Legal Entities of Lithuania, and Šiaulių Bankas officially became Artea Bank.

    Artea remains the largest independently owned bank in Lithuania. The bank’s main shareholders  – Lithuanian business leaders Invalda INVL, Tesonet Global, Willgrow, and the international European Bank for Reconstruction and Development (EBRD) – remain unchanged.

    If you would like to receive Artea Bankas news for investors directly to your inbox, subscribe to our newsletter.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@artea.lt , +370 610 44447

    The MIL Network –

  • MIL-Evening Report: In its soul-searching, Australia’s rightist coalition should examine its relationship with the media

    ANALYSIS: By Matthew Ricketson, Deakin University and Andrew Dodd, The University of Melbourne

    Among the many lessons to be learnt by Australia’s defeated Liberal-National coalition parties from the election is that they should stop getting into bed with News Corporation.

    Why would a political party outsource its policy platform and strategy to people with plenty of opinions, but no experience in actually running a government?

    The result of the federal election suggests that unlike the coalition, many Australians are ignoring the opinions of News Corp Australia’s leading journalists such as Andrew Bolt and Sharri Markson.

    Last Thursday, in her eponymous programme on Sky News Australia, Markson said:

    For the first time in my journalistic career I’m going to also offer a pre-election editorial, endorsing one side of politics […] A Dutton prime ministership would give our great nation the fresh start we deserve.

    After a vote count that sees the Labor government returned with an increased majority, Bolt wrote a piece for the Herald Sun admonishing voters:

    No, the voters aren’t always right. This time they were wrong, and this gutless and incoherent Coalition should be ashamed. Australians just voted for three more years of a Labor government that’s left this country poorer, weaker, more divided and deeper in debt, and which won only by telling astonishing lies.

    That’s staggering. If that’s what voters really like, then this country is going to get more of it, good and hard.

    The Australian and most of News’ tabloid newspapers endorsed the coalition in their election eve editorials.

    Repudiation of minor culture war
    The election result was a repudiation of the minor culture war Peter Dutton reprised during the campaign when he advised voters to steer clear of the ABC and “other hate media”. It may have felt good alluding to “leftie-woke” tropes about the ABC, but it was a tactical error.

    The message probably resonated only with rusted-on hardline coalition voters and supporters of right-wing minor parties.

    But they were either voting for the coalition, or sending them their preferences, anyway. Instead, attacking the ABC sent a signal to the people the coalition desperately needed to keep onside — the moderates who already felt disappointed by the coalition’s drift to the right and who were considering voting Teal or for another independent.

    Attacking just about the most trusted media outlet in the country simply gave those voters another reason to believe the coalition no longer represented their values.

    Reporting from the campaign bus is often derided as shallow form of election coverage. Reporters tend to be captive to a party’s agenda and don’t get to look much beyond a leader’s message.

    But there was real value in covering Dutton’s daily stunts and doorstops, often in the outer suburbs that his electoral strategy relied on winning over.

    What was revealed by having journalists on the bus was the paucity of policy substance. Details about housing affordability and petrol pricing — which voters desperately wanted to hear — were little more than sound bites.

    Steered clear of nuclear sites
    This was obvious by Dutton’s second visit to a petrol station, and yet there were another 15 to come. The fact that the campaign bus steered clear of the sites for proposed nuclear plants was also telling.

    The grind of daily coverage helped expose the lateness of policy releases, the paucity of detail and the lack of preparation for the campaign, let alone for government.

    On ABC TV’s Insiders, the Nine Newspapers’ political editor, David Crowe, wondered whether the media has been too soft on Dutton, rather than too hard as some coalition supporters might assume.

    He reckoned that if the media had asked more difficult questions months ago, Dutton might have been stress-tested and better prepared before the campaign began.

    Instead, the coalition went into the election believing it would be enough to attack Labor without presenting a fully considered alternative vision. Similarly, it would suffice to appear on friendly media outlets such as News Corp, and avoid more searching questions from the Canberra press gallery or on the ABC.

    Reporters and commentators across the media did a reasonable job of exposing this and holding the opposition to account. The scrutiny also exposed its increasingly desperate tactics late in the campaign, such as turning on Welcome to Country ceremonies.

    If many Australians appear more interested in what their prospective political leaders have to say about housing policy or climate change than the endless culture wars being waged by the coalition, that message did not appear to have been heard by Peta Credlin.

    The Sky News Australia presenter and former chief-of-staff to prime minister Tony Abbott said during Saturday night’s election coverage “I’d argue we didn’t do enough of a culture war”.

    Dr Matthew Ricketson is professor of communication, Deakin University and Andrew Dodd  is professor of journalism and director of the Centre for Advancing Journalism, The University of Melbourne. This article is republished from The Conversation under a Creative Commons licence. Read the original article.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 5 MAY 2025 AT 9.45 A.M. EET, INTERIM REPORT Q1

    Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    This release is a summary of Oma Savings Bank’s (OmaSp) January-March 2025 Interim Report, which can be read from the pdf file attached to this stock exchange release and on the Company’s web pages www.omasp.fi

    CEO Karri Alameri: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    ”I had the honour of starting as the CEO of Oma Savings Bank at the end of March. In recent weeks, I have engaged with the bank’s personnel, customers, and stakeholders across Finland. These discussions have underscored OmaSp’s strong customer relationships, employee commitment, as well as comprehensive range of services, and personalised service model. These elements provide a solid foundation for OmaSp’s next phase. It is clear that we must continue refining our policies and evolving our ways of working. Trust in the Company is rebuilt through actions.

    The comparable profit before taxes for the first quarter was EUR 4.6 million and the comparable cost/income ratio of 54.4%. Profit and profitability were burdened by increased operating and personnel expenses, as well as lower net interest income due to declining market interest rates.

    The increase in costs is primarily attributed to the implementation of the risk management action plan (the “Noste”) initiated in summer 2024. The final investments in the project were made as planned in the first quarter, and new operating models are being integrated into daily operations. Total investments in the Noste project reached EUR 9.1 million over its duration. What is more, we continue to act on the findings of the supervisory assessment.

    Net interest income decreased by 18.3% compared to the comparison period, totalling EUR 46.9 million. The decline is due to fallen market interest rates. The volumes transferred from Handelsbanken have contributed to the development of net interest income as market interest rates have declined.

    Fee and commission income and expenses (net) remained nearly at the level of the comparison period, amounting to EUR 14.7 million.

    The mortgage loan portfolio increased by 3.0%, the corporate loan portfolio by 0.4%, and the deposit base by 2.7% from the level of the previous year.

    Impairment losses on financial assets totalled EUR -22.3 million in January–March. Approximately one-third was related to the update of the calculation model for expected credit losses (ECL), another third to increased allowances in the portfolio, which is being wound down in a controlled manner, and the remaining third to other impairment losses on the loan portfolio due to the general uncertain economic situation.

    Additionally, a provision of EUR 3.0 million was made for the first quarter to prepare for potential sanctions from the Finnish Financial Supervisory Authority (FIN-FSA) due to deficiencies identified in the final inspection report on the prevention of money laundering and terrorist financing. The FIN-FSA’s audit covered the period prior to December 2023. Measures to rectify the deficiencies were initiated while the audit was underway last year.

    Customer and employee satisfaction at an excellent level

    Following the Handelsbanken acquisition, we gained 10,000 new customers last autumn, and the integration has progressed smoothly. We have 48 branches covering all key growth and regional centres in Finland. In January–March, approximately 800 new customer relationships were established organically per month. OmaSp has a strong customer base of over 200,000. We are committed to offering services to households and SMEs across our network.

    Our customer and employee surveys indicated that satisfaction has remained at the excellent level of previous years. I want to extend my gratitude to our personnel for their exemplary work. Committed and motivated personnel are crucial to OmaSp’s future success.

    OmaSp’s financial position is stable, with a good solvency and liquidity position. The total capital (TC) ratio further strengthened to 17.7% at the end of March. The accumulated equity exceeds EUR 583 million.

    I look to the future with confidence. We will continue to develop our operations, invest in our core business, and strengthen the customer experience for both existing and new customers. Our strategy aims for profitable growth.”

    January–March 2025

    • In January–March, net interest income decreased by 18.3% compared with the same period last year. Net interest income totalled EUR 46.9 (57.4) million.
    • Mortgage portfolio increased by 3.0% during the previous 12 months. Corporate loan portfolio increased by 0.4% during the previous 12 months.
    • Deposit base increased by 2.7% over the past 12 months.
    • From January to March, fee and commission income and expenses (net) decreased mainly due to lower lending commissions compared to the comparison period, 2.6%.
    • From January to March, total operating income decreased by 18.9% compared to the comparison period. In the first quarter, comparable total operating income decreased by 19.8% and was EUR 59.5 (74.3) million.
    • From January to March, total operating expenses grew in total by 31.9%. The growth is mainly explained by the costs of the Company’s ongoing extensive risk management development projects, the authority processes and the promotion of a controlled winding down plan related to the non-compliance with the guidelines. In addition, the number of personnel increased compared to the comparison period due to business arrangements, the opening of new branches and the strengthening of the risk management processes. Other operating expenses were in total EUR 22.2 (16.4) million, of which the development costs of the risk management action plan and investigation costs amounted to EUR 5.3 million.
    • Comparable total operating expenses grew by 27.9% in the first quarter and were EUR 32.2 (25.2) million. Of this amount the risk management action plan (the ”Noste”) amounted to EUR 3.3 million. The measures implemented in the first quarter completed the action plan initiated in the summer of 2024.
    • For January-March, the impairment losses on financial assets were in total EUR -22.3 (-23.1) million. During the reporting period, the Company updated the calculation model for expected credit losses (ECL) as part of a larger operational programme and development of risk control. The total impact of the updated model increased the ECL by approximately EUR 8.5 million. In addition, the amount of impairment losses was impacted by an increase in allowances in the controlled winding down of the portfolio, which had an impact of approximately EUR 5.7 million. In other credit portfolio, impairment losses amounted to approximately EUR 8.1 million, and the development was particularly affected by the overall economic uncertainty.
    • For January-March, profit before taxes was EUR 3.1 (24.7) million and comparable profit before taxes was EUR 4.6 (25.6) million.
    • In the first quarter, cost/income ratio was 57.4 (35.2)% and comparable cost/income ratio was 54.4 (34.1)%.
    • In the first quarter, comparable return on equity (ROE) was 2.5 (15.5)%.
    • Total capital (TC) ratio was 17.7 (15.6)%.
    The Group’s key figures (1,000 euros) 1–3/2025 1–3/2024 Δ % 1–12/2024
    Net interest income 46,880 57,369 -18 % 213,097
    Fee and commission income and expenses, net 12,439 12,766 -3 % 50,745
    Total operating income 60,074 74,080 -19 % 270,068
    Total operating expenses -34,240 -25,958 32 % -111,004
    Impairment losses and financial assets, net -22,322 -23,112 -3% -83,379
    Profit before taxes 3,111 24,668 -87% 74,589
    Cost/income ratio, % 57.4% 35.2% 63% 41.3%
    Balance sheet total 7,517,814 7,531,291 0% 7,709,090
    Equity 583 026 527 426 11% 576,143
    Return on assets, ROA % 0.1 % 1.0 % -88 % 0.8%
    Return on equity, ROE % 1.7 % 14.9 % -89% 10.7%
    Earnings per share (EPS), EUR 0.07 0.60 -88% 1.80
    Total capital (TC), % 17.7% 16.9% 5% 15.6%
    Common equity Tier 1 (CET1), capital ratio % 16.5% 15.4% 8% 14.4%
    Comparable profit before taxes 4,617 25,626 -82% 86,656
    Comparable cost/incme ratio, % 54.4% 34.1% 60% 37.8%
    Comparable return on equity, ROE % 2.5% 15.5% -84% 12.4%


    Outlook for the financial year 2025 adjusted

    OmaSp updated its expected credit loss (ECL) calculation model in the first quarter and made a provision to prepare for possible sanctions following the final inspection report from the FIN-FSA on anti-money laundering and terrorist financing. These had a total one-off impact of approximately EUR -11 million on the results. Overall economic uncertainly has further increased. Therefore, OmaSp maintains its earnings guidance on the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range.

    Business outlook and earnings guidance are as follows:

    The outlook for the Company’s business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025.

    Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management’s insight into the Group’s business development.

    We estimate the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range (comparable profit before taxes was EUR 86.7 million in the financial year 2024).

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    DISTRIBUTION: 
    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    Attachment

    The MIL Network –

  • MIL-OSI: 25/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 25 / 2025
    Schindellegi, Switzerland – 5 May 2025


    Trifork Group: Weekly report on share buyback

    On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million). Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital. Under the program, the following transactions have been made:

    Date       Number of shares        Average purchase price (DKK)        Transaction value (DKK)
    Total beginning 66,897 85.22 5,701,099
    28 April 2025 1,082 88.61 95,876
    29 April 2025 1,800 89.18 160,524
    30 April 2025 1,700 90.50 153,850
    1 May 2025 1,700 90.48 153,816
    2 May 2025 1,500 91.93 137,895
    Accumulated 74,679 85.74 6,403,060

    A detailed overview of the daily transactions can be found here: https://investor.trifork.com/trifork-shares/

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 74,679 at a total amount of DKK 6,403,060.
    On 25 March and on 25 April 2025, 2,929 shares acquired through the share buyback program were utilized for the Executive Management’s monthly fixed salary, representing a change from cash payment to payment partly in shares (refer to company announcement no. 1 of 21 January 2025).
    On 1 April 2025, 19,943 shares acquired through the share buyback program were utilized to serve the RSU plan of Executive Management and certain employees.

    With the transactions stated above, Trifork holds a total of 308,136 treasury shares, corresponding to 1.6%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,436,763.

    Investor and media contact
    Frederik Svanholm, Group Investment Director & Head of Investor Relations
    frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

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  • MIL-OSI: Aktsiaselts Infortar interim report for Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    Aktsiaselts Infortar interim report for Q1 2025

    Infortar will arrange a webinar for investors today 5 May 2025.Please join the webinar via the following links:

    Estonia’s largest investment holding company, Infortar, increased its turnover by 20% in the first quarter of the year compared to the same period last year, reaching €447 million. The group’s total assets nearly doubled to €2.6 billion, while investments tripled to €22 million. In recent years, Infortar has nearly doubled the size of its real estate portfolio and is actively expanding across multiple sectors.

    Since August 1st of last year, the results of Tallink, a group company, have been consolidated into Infortar’s financial statements. Due to the highly seasonal nature of the maritime transport business, Tallink’s first-quarter loss of €33 million was reflected in Infortar’s own results. An additional impact came from a €1.7 million income tax expense, resulting in a total net loss of €14.6 million for Infortar in the first quarter, of which €4.5 million was attributable to Infortar’s shareholders. The energy business was affected by an exceptionally warm winter and lower consumption, but remained profitable overall. The real estate segment, meanwhile, showed significant year-on-year growth in volumes. 

    “The economy stands on three pillars – agriculture, industry, and services. In recent years, Infortar has expanded its presence across all three to achieve its goals and diversify risk. Moreover, we have grown into a market leader in each,” said Ain Hanschmidt, Chairman of the Management Board of Infortar.

    “The performance of Tallink had the biggest impact on Infortar’s first-quarter profitability. In addition to typical seasonality, passenger numbers in the first quarter reflected the state of the core markets’ economies and low consumer confidence. Still, it is important to note that the most challenging period of the year is now behind Tallink, and the outlook is more optimistic,” Hanschmidt added.

    “The energy business was affected by an exceptionally mild winter, lower consumption, and a gas surplus. Nevertheless, the segment remained profitable, primarily due to well-placed investments in gas distribution networks in Latvia and Poland. In real estate, we continued rapid growth – over the past year, we have expanded our portfolio by nearly 50%, becoming one of the largest property owners in the Baltics,” said Hanschmidt.

    “Despite a turbulent environment, Infortar continues to grow as one of the largest investment companies on the eastern coast of the Baltic Sea, actively seeking new investment opportunities. Our balance sheet strength is the key indicator of resilience – Infortar’s financial position and liquidity remain solid, free liquidity is €153 million enabling us to generate cash and invest. We can also confirm our continued commitment to the stated dividend policy. Diversification across sectors and countries has created a strong platform that provides confidence even in volatile times,” Hanschmidt concluded.

    Major Event

    Maritime transport

    Tallink´s first quarter of 2025 was impacted by low consumer and business confidence levels, the economic challenges in the Group’s core markets and global geopolitical tensions. As at the end of the quarter, the Group operated 14 vessels including 2 shuttle vessels, 6 passenger vessels, 2 vessels that were chartered out and 4 vessels that were in lay-up.

    During the quarter Tallink´s total investments amounted to EUR 13.3 million majority of which were made to upgrading the cruise ferries Baltic Princess and Silja Serenade. The planned maintenance works totalling 68 days in the first quarter of 2025 affected the passenger and cargo levels in Finland-Sweden routes.

    Energy

    In the first quarter, natural gas consumption in the Finnish-Baltic region totalled 15,0 TWh, decreasing by 19% compared with the previous year (16,5 TWh). Energy sales were negatively impacted by higher-than-average temperatures, which reduced the demand for natural gas.

    In the first quarter of 2025, Elenger Grupp sold a total of 4.6 TWh of energy (compared to 6,1 TWh in Q1 2024). Sales in Estonia accounted for 17% of the energy sales in Q1 2025. The company´s market share decreased in Q1 2025 to 20,0% in the Finland-Baltic gas market.

    Real estate

    At the end of last year, the Rimi logistics center in Saue municipality received its usage permit; this summer, the new bridge in Pärnu will be completed, and next year, DEPO will open its second store in Estonia, located in Lasnamäe.

    Key financial figures

    Key figures Q1 2025 Q1 2024 12 months 2024
    Sales revenue. m€ 447.357 372.584 1 371.775
    Gross profit. m€ 26.068 50.004 128.628
    EBITDA. m€ 27.661 74.004 145.275
    EBITDA margin (%) 6.2% 19.9% 10.6%
    Net profit. EBIT. m€ -0.655 67.624 77.024
    Total profit(-loss). m€ -14.561 62.062 193.670
    Net profit (-loss) holders of the Parent m€ -4.479 62.167 191.253
    EPS (euros)* -0.2 3.1 9.6
    Total equity m€ 1 181.002 820.210 1 166.222
    Total liabilities m€ 1 105.305 852.690 1 223.287
    Net debt m€ 952.397 195.799 1 055.708
    Investment loans to EBITDA (ratio)** 3.3x 1.5x 3.0x

    Notes:*For the earnings per share (EPS) calculation, the number of shares as of 31.03.35 has been used for comparability. Formula: profit/loss attributable to Infortar shareholders divided by the number of shares, excluding own shares issued under the stock option program. Example calculation based on the end of Q1 2024: (191 x 1,000,000) / (20,443,629 – 722,610).**Investment loans / EBITDA, annualized. For comparability,actualEBITDA of Tallink Grupp for the relevant period has been used, based on Tallink Grupp quarterly report.

    Revenue

    In the first quarter of the 2025 financial year, the Group’s consolidated revenue increased by EUR 74.7 million to EUR 447.4 million (Q1 2024 consolidated revenue: EUR 372.6 million). A significant impact came from the consolidation of Tallink Grupp’s results into Infortar’s consolidated financial statements as of 1 August 2024.

    EBITDA and Segment Reporting
    In the first quarter of the 2025 financial year, the EBITDA of the maritime transport segment amounted to EUR -3.8 million (Q1 2024: EUR 34.5 million).
    The energy segment’s EBITDA was EUR 31.8 million (Q1 2024: EUR 73.9 million).
    In the real estate segment, profitability is assessed based on the EBITDA of individual real estate entities.

    Based on separate real-estate companies results, the real estate segment’s EBITDA was EUR 3.4 million in Q1 2025 (Q1 2024: EUR 3.8 million).

    Net Profit (Loss)
    The consolidated net loss for the first quarter of the 2025 financial year was EUR -14.6 million, including a loss attributable to Infortar’s owners of EUR -4.5million (Q1 2024 net profit: EUR 62.1 million, including EUR 62.2 million attributable to Infortar’s owners).

    Investments
    In the spring of 2024, Infortar entered the agricultural sector by acquiring one of Estonia’s largest dairy farms in Halinga and began construction of a biomethane plant next to the farm to produce local green gas. Today, on 5 May, Infortar announced an additional investment plan in Estonia Farmid OÜ.
    In the first quarter of 2025, the total amount of investments made by the Infortar Group was approximately EUR 22 million.

    Financing
    As of the first quarter of the 2025 financial year, the Group’s total loan and lease liabilities amounted to EUR 1 105.3million (compared to EUR 1 223.3 million at the end of the 2024 financial year). Infortar’s net debt stood at EUR 952.397 million. The net debt to EBITDA ratio was 3.4.

    Dividends

    According to the dividend policy, the objective is to pay dividends of at least 1 euro per share per financial year. Dividend payments are made semi-annually. Infortar Group’s management proposes to pay a dividend of 3 euros per share for the 2024 financial year results. According to the proposal, the first payout is planned to be made no later than July, and the second payout in December 2025. 

    Consolidated Statement of Profit or Loss

    (in thousands of EUR) Q1 2025 Q1 2024 12 months 2024
    Revenue 447 357 372 584 1 371 775
    Cost of goods (goods and services) sold -421 173 -322 573 -1 243 034
    Write-down of receivables -116 -7 -113
    Gross profit 26 068 50 004 128 628
    Marketing expenses -10 976 -415 -21 086
    General administrative expenses -20 965 -7 238 -50 438
    Profit (loss) from derivatives 0   26 672
    Profit (loss) from biological assets -33 0 -139
    Profit (loss) from the change in the fair value of the investment property 0 156 -949
    Profit (loss) from the change in the fair value of the investment property 3 939 24 659 -8 691
    Other operating revenue 1 956 600 4 682
    Other operating expenses -644 -142 -1 655
    Operating profit -655 67 624 77 024
           
    (in thousands of EUR) Q1 2025 Q1 2024 12 months 2024
    Profit (loss) from investments accounted for by equity method 955 2 000 22 974
    Financial income and expenses:      
    Other financial investments -333 0 13 342
    Interest expense -12 896 -6 745 -38 274
    Interest income 842 1 244 4 979
    Profit (loss) from changes in exchange rates -315 -2 100
    Other financial income and expenses -451 4 93 659
    Total financial income and expenses -13 153 -5 499 73 806
    Profit before tax -12 853 64 125 173 804
    Corporate income tax -1 708 -2 063 19 866
    Profit for the financial year -14 561 62 062 193 670
    including:      
    Profit attributable to the owners of the parent company -4 479 62 167 191 253
    Profit attributable to non-controlling interest -10 082 -105 2 417
           
    Other comprehensive income Q1 2025 Q1 2024 12 months 2024
    tems that will not be reclassified to profit or loss      
    Revaluation of post-employment benefit obligations     -141
    Items that may be subsequently reclassified to the income statement:  
    Revaluation of risk hedging instruments     -45 792
    Exchange rate differences attributable to foreign subsidiaries     53
    Total of other comprehensive income     -45 880
    Total income, including:     147 790
    including:      
    Comprehensive profit attributable to the owners of the parent company     145 514
    Comprehensive profit attributable to non-controlling interest     2 417
    Ordinary earnings per share (in euros per share) -0,22 14,62 9
    Diluted earnings per share (in euros per share) -0,21 14,15 14,15

    Consolidated Statement of Financial Position

    (in thousands of EUR) 31.03.25 31.12.24
    Current assets    
    Cash and cash equivalents 152 908 167 579
    Short term financial investments 0 0
    Derivative financial assets 16 968 8 333
    Settled derivative receivables 2 448 676
    Other prepayments and receivables 153 040 155 351
    Prepayments for taxes 3 650 3 831
    Trade and other receivables 51 379 38 517
    Prepayments for inventories 1 953 2 498
    Inventories 124 636 215 914
    Biological assets 941 941
    Total current assets 507 923 593 640
         
    Non-current assets 31.03.25 31.12.24
    Investments to associates 17 559 16 603
    Long-term derivative instruments 340 3 214
    Other long term obligations 34 685 35 163
    Property, plant and equipment at fair value 1 309 599 1 315 167
    Investment property 68 175 67 931
    Property, plant and equipment 598 280 594 291
    Intangible assets 38 008 38 874
    Right-of-use assets 46 043 47 598
    Biological assets 2 720 2 753
    Total non-current assets 2 115 409 2 121 594
    TOTAL ASSETS 2 623 332 2 715 234
         
    (in thousands of EUR) 31.03.25 31.12.24
    Current liabilities    
    Loan liabilities 396 801 497 162
    Rental liabilities 8 755 9 020
    Payables to suppliers 104 664 87 941
    Tax obligations 48 861 49 354
    Buyers’ advances 40 946 31 126
    Settled derivatives 9 706 8 728
    Other current liabilities 68 409 63 431
    Short term derivatives 8 285 27 704
    Total current liabilities 686 427 774 466
         
    Non-current liabilities 31.03.25 31.12.24
    Long-term provisions 8 455 9 946
    Deferred taxes 3 039 2 816
    Other long-term liabilities 43 412 43 209
    Long-term derivatives 1 248 1 471
    Loan-liabilities 661 602 676 670
    Rental liabilities 38 147 40 435
    Total non-current liabilities 755 903 774 547
    TOTAL LIABILITIES 1 442 330 1 549 013
         
    (in thousands of EUR) 31.03.25 31.12.24
    Equity    
    Share capital 2 117 2 117
    Own shares -72 -72
    Share premium 32 484 32 484
    Reserve capital 212 212
    Option reserve 7 431 6 223
    Hedging reserve* 3 510 -21 674
    Unrealised currency translation differences 2 854 45
    Employment benefit reserve -44 -185
    Retained earnings 885 688 890 167
    Net profit of the financial year    
    Total equity attributable to equity holders of the Parent 934 180 909 317
    Minority interests 246 822 256 904
    Total equity 1 181 002 1 166 221
         
    TOTAL LIABILITIES AND EQUITY 2 623 332 2 715 234

    Consolidated Statement of Cash Flows

    Cash flows from operating activities    
    (in thousands of EUR) 3 months
    2024    		 12 months
    2024
    Profit for the financial year -14 561 193 670
    Adjustments:    
    Depreciation, amortisation, and impairment of non-current assets 28 316 68 251
    Change in the fair value of the investment property 0 0
    Equity profits/losses -956 -22 974
    Change in the value of derivatives -79 -1 483
    Other financial income/expenses 2 300 -112 030
    Calculated interest expenses 12 896 38 274
    Profit/loss from non-current assets sold -116 -955
    Income from grants recognised as revenue -385 -643
    Corporate income tax expense 1 708 -19 866
    Income tax paid -1 485 -10 551
    Change in receivables and prepayments related to operating activities -12 184 52 023
    Change in inventories 91 823 -12 831
    Change in payables and prepayments relating to operating activities 29 780 -81 275
    Change in biological assets 33 -322
    Total cash flows from operating activities 137 090 89 288
         
    Cash flows from investing activities 3 months
    2024    		 12 months
    2024
    Purchases of subsidiaries -333 -111 684
    Proceeds from the sale of other financial investments 0 0
    Received dividends 0 20 862
    Given loans 607 1 918
    Interest gain 755 4 953
    Purchases Investment property -244 -10 352
    Purchases of property, plant and equipment -23 305 -27 835
    Proceeds from sale of property 139 1 561
    Total cash flows used in investing activities -22 381 -120 577
         
    Cash flows used in financing activities 3 months
    2024    		 12 months
    2024
    Gain from goverment grants 394 225
    Changes in overdraft -43 343 12 863
    Proceeds from borrowings 94 276 358 731
    Repayments of borrowings -166 362 -151 790
    Repayment of finance lease liabilities -3 591 -11 300
    Interest paid -10 754 -39 153
    Dividends paid 0 -60 997
    Gain from share emission 0 3 174
    Total cash flows used in financing activities -129 380 111 753
      0 0
    TOTAL NET CASH FLOW -14 671 80 464
    Cash at the beginning of the year 167 579 87 115
    Cash at the end of the period 152 908 167 579
    Net (decrease)/increase in cash -14 671 80 464

    Infortar operates in seven countries, the company’s main fields of activity are maritime transport, energy and real estate. Infortar owns a 68.47% stake in Tallink Grupp, a 100% stake in Elenger Grupp and a versatile and modern real estate portfolio of approx. 141,000 m2. In addition to the three main areas of activity, Infortar also operates in construction and mineral resources, agriculture, printing, and other areas. A total of 110 companies belong to the Infortar group: 101 subsidiaries, 4 affiliated companies and 5 subsidiaries of affiliated companies. Excluding affiliates, Infortar employs 6,296 people.

    Additional information:

    Kadri Laanvee
    Investor Relations Manager
    Phone: +372 5156662
    e-mail: kadri.laanvee@infortar.ee
    www.infortar.ee/en/investor

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  • MIL-OSI Russia: China’s SAIC Motor signs deal for joint electric vehicle brand with Huawei

    Translation. Region: Russian Federal

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

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

    SHANGHAI, May 4 (Xinhua) — Shanghai-based Chinese automaker SAIC Motor on Thursday signed an agreement to set up a plant to produce vehicles and auxiliary battery units for its new electric vehicle (EV) brand, developed jointly with telecom giant Huawei, in the Lingang New Area of China’s Shanghai Pilot Free Trade Zone (FTZ).

    According to SAIC Motor, the plant’s production capacity at the initial stage of the project will be about 250,000 vehicles per year.

    The move follows a partnership formed earlier this year between SAIC Motor and Huawei. In February this year, the two companies signed an in-depth cooperation agreement to jointly launch the SAIC Shangjie brand.

    Tech giant Huawei is already collaborating with four other EV brands, namely AITO, Luxeed, Stelato and Maextro, under its Harmony Intelligent Mobility Alliance (HIMA). Tech support from Huawei, such as adaptive driver assistance and AI cockpit solutions, has given new impetus to partner automakers.

    SAIC Shangjie brand products will be equipped with Huawei’s intelligent mobility solutions, said Zhu Yong, head of SAIC ShangJie, adding that the intelligent electric vehicles will target the mid- to high-end market, with customers mainly including household consumers and young office workers.

    The first model under this brand is a mainstream SUV priced at around 200,000 /around $27,800/, which is expected to hit the market this fall. The SUV will be available in two versions: a pure electric version and an extended range version. The pure electric model will have a range of over 600 km on a full charge.

    By joining the HIMA family, SAIC Shangjie brand will help further lower the price range of cars co-developed with Huawei to 200,000 yuan to better tap the vast market, Zhu Yong said.

    SAIC Shangjie’s project is expected to increase the scale of the already leading new energy vehicle (NEV) industry in Lingang New Area, home to Tesla’s Shanghai Gigafactory, to 300 billion yuan, said Li Xiangcun, an official with the Lingang New Area Administrative Committee.

    Currently, there are more than 200 automobile-related companies in the Lingang New Area, forming an ecosystem covering automobile production, research, development and testing. -0-

    MIL OSI Russia News –

  • MIL-OSI China: Wang Liqin has big shoes to fill as Chinese table tennis chief

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

    Wang Liqin has stepped into one of the most challenging roles in sports as the new head of Chinese table tennis – just three days after Brazil’s Hugo Calderano stunned the world by winning the International Table Tennis Federation (ITTF) World Cup in Macao – a rare feat in a sport long dominated by China. His appointment also comes less than a month before the World Championships begin in Qatar.

    Wang replaces 49-year-old Liu Guoliang, who resigned on April 23 after a legendary career as a player, coach and administrator. Wang, 46, faces the task of maintaining China’s dominance in a sport where international challengers are gaining ground.

    “It is a tremendous responsibility to take over as president of the Chinese Table Tennis Association (CTTA),” said Wang, a two-time Olympic gold medalist whose second gold came under Liu’s coaching. “I feel both excited and anxious.”

    Since retiring from competition in 2014, Wang has risen steadily through the ranks as a sports official in Shanghai. He credits much of his success to Liu.

    “It was coach Liu who guided me to fulfill my dreams as an athlete,” Wang said. “Since becoming a sports official, I’ve always sought his advice. He holds the key to Chinese dominance in this game.”

    Acknowledging that Liu is irreplaceable, Wang said his top priority is preparation.

    “The immediate task is the World Championships in Doha, and the long-term goal is the Los Angeles Olympics,” he said.

    Calderano, who became the first Brazilian and Pan-American player to win the World Cup last month, now leads the global challenge to China. China, meanwhile, is sending a young team to Doha – one without reigning Olympic champions Ma Long, Fan Zhendong, and Chen Meng.

    Wang has been overseeing a 15-day closed-door training camp for the team at the Chengdu Table Tennis School – the same training ground where China began its gold-medal sweep at the Paris Olympics.

    Lin Shidong and Wang Chuqin, China’s top two men’s players, both fell to Calderano in the World Cup and are now looking for redemption. On the women’s side, Sun Yingsha and Wang Manyu continue to lead a squad considered stronger than the rest of the field.

    “The Doha worlds will be Wang Liqin’s first test,” said CCTV commentator Li Wujun. “Any missteps or near misses will be blamed on poor timing of the leadership transition.”

    Liu cited a desire for a smooth transition and more time with family as reasons for stepping down. “I resigned at the right time to give the new CTTA leadership a full cycle to prepare for the LA Games,” he said.

    However, Chinese social media has questioned whether Liu’s international responsibilities – as vice president of the ITTF and chair of the World Table Tennis board – conflicted with his role as CTTA president. Others pointed to increasing “toxic fandom” under his tenure.

    One of the most controversial moments came during the all-Chinese women’s final at the Paris Olympics, when Chen Meng was booed and attacked online while Sun Yingsha was vocally supported both in the arena and on social media.

    Chinese table tennis received a boost on April 9, when the International Olympic Committee added a mixed team event to the 2028 Olympics. The IOC also replaced the men’s and women’s team events with men’s and women’s doubles, bringing the total number of events at LA28 to six.

    “It’s great news for the table tennis world,” said Wang. “But the reshuffling of the LA table tennis program means we’ll need new strategies for six events.”

    On the day of Wang’s election, Liu patted him on the arm and said half-jokingly, “We swept the board in Paris. Now it’s your turn.”

    MIL OSI China News –

  • MIL-OSI China: Trump to impose 100% tariff on all movies ‘produced in foreign lands’

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

    U.S. President Donald Trump said on Sunday that he is authorizing to immediately begin the process of instituting a 100 percent tariff on all movies “produced in Foreign Lands.”

    In a post on his Truth Social platform, Trump wrote, “The Movie Industry in America is DYING a very fast death.”

    “Other Countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within the U.S.A., are being devastated,” Trump said in the post, calling the situation “a National Security threat.”

    “Therefore, I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100 percent Tariff on any and all Movies coming into our Country that are produced in Foreign Lands. WE WANT MOVIES MADE IN AMERICA, AGAIN!” he added. 

    MIL OSI China News –

  • MIL-OSI China: Yemen’s Houthis claim missile attack on Ben Gurion Airport, Israel vows strong response

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

    Yemen’s Houthi group on Sunday claimed responsibility for a missile attack near Ben Gurion Airport in central Israel in the morning.

    “We targeted Ben Gurion Airport, using a hypersonic ballistic missile that successfully hit its target,” Houthi military spokesperson Yahya Sarea said in a statement aired live on Houthi-run al-Masirah TV.

    “American and Israeli defense systems failed to intercept the missile,” he said.

    Sarea warned international airlines against sending flights to the Israeli airport, declaring it “no longer safe for air navigation.”

    In the statement, Sarea noted the group also launched a drone attack Saturday night aimed at a “vital target” in the city of Ashkelon, southern Israel.

    He stressed that the Houthi group would launch more attacks against Israel until “the war against the Gaza Strip stops, and the humanitarian aid is allowed back into the Palestinian enclave.”

    On Sunday, the Israel Defense Forces said on the social media platform X that sirens sounded across central Israel after a projectile was fired from Yemen. The attack prompted millions of residents to flee to shelters and safe rooms in the morning hours.

    Israel’s Magen David Adom emergency service reported that a man sustained moderate-to-light injuries in his limbs during the incident, while two women and another man suffered light injuries.

    According to a video released by the Israeli police, the explosion caused by the Houthi missile left a crater measuring several meters in depth and width in the vicinity of Ben Gurion Airport. Israel’s Airports Authority said takeoffs and landings were suspended for about an hour before operations resumed.

    Israeli Defense Minister Israel Katz threatened to retaliate strongly shortly after the attack, warning in a statement, “Whoever strikes us will be struck sevenfold,” without elaborating.

    Israeli Prime Minister Benjamin Netanyahu is expected to convene a security assessment meeting to discuss the attack, his office said.

    Senior security officials told Israel’s state-owned Kan TV News that following the Houthi strike near Tel Aviv, Israel intends to respond with force, adding that Israel had refrained from attacking the Houthis at the request of its ally, the United States, which has been leading intense airstrikes on Houthi targets in Yemen since mid-March. “After the strike on Ben Gurion Airport, we no longer consider ourselves under any limitations,” an unnamed Israeli official said.

    Yemen has conducted a series of missile and drone launches toward Israel over the weekend, most of them intercepted. However, Israeli and American missile defense systems failed to intercept the missile fired at Ben Gurion, the busiest airport in the country.

    Several international airlines canceled or diverted flights following the incident. Air Europa, SWISS, Lufthansa, ITA Airways, and Brussels Airlines have canceled all inbound and outbound flights to and from Israel.

    The Houthis have intensified missile and drone launches toward Israel in recent weeks, amid renewed U.S. airstrikes on their positions in Yemen.

    The Houthi forces, who control much of northern Yemen, have been targeting Israel since November 2023 in what they describe as an act of solidarity with Palestinians amid the war in Gaza. The group has repeatedly said it would halt its attacks if the U.S. hostilities cease and Israel ends its military campaign and blockade against Gaza.  

    MIL OSI China News –

  • MIL-OSI China: China’s live music performances go viral, fueling consumption growth

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

    Tourists watch a music fountain show in Shangqiu City, central China’s Henan Province, May 1, 2025. [Photo/Xinhua]

    Driven by rising consumer spending on entertainment and tourism, China’s live music performance industry, particularly concerts and music festivals, has expanded rapidly, emerging as a key growth driver for services consumption and economic growth.

    Under a sky streaked with a molten gold sunset, the air hums with the salt-kissed breeze off the Bohai Sea. Zhao Sisi adjusts her pulsing light-up headband as she laughs with her friends. Zhao’s friends traveled two hours from Beijing to join her at the Bubbling & Boiling Music and Art Festival, which is being held at Dongjiang Port, Tianjin.

    “It’s quality time for me to meet my best friends — people I rarely see while busy with work — and enjoy our favorite singers together,” said Zhao, a Tianjin resident.

    After booking a three-day pass and a nearby hotel, 28-year-old Gu Chengbo relaxes with his girlfriend on a sofa at a makeshift massage stall, surrounded by pop-up merchandise stands and street food vendors. “I came here for the May Day holiday, and nothing has disappointed me — not the music, food, accommodations, or entertainment facilities,” he told Xinhua.

    The main audience of the festival is aged between 18 and 30, among which female audiences account for as high as 70 percent, and out-of-town audiences take up to about 70 percent, said Zhang Chongshuo, CEO of Sparkle Live Entertainment Co., Ltd, host of the festival.

    Zhang noted that these attendees are drawn to the event to fulfill their spiritual and cultural needs, reflecting their active engagement in cultural and tourism consumption. He emphasized that this trend has fostered a new cultural consumption model centered around music festivals.

    According to industry experts, the May Day holiday is usually a peak period for hosting music festivals, and a 1-yuan (about 0.14 U.S. dollars) music festival ticket can drive about 7 to 8 yuan of consumption in the host city, including hotels, catering, and shopping.

    Besides music festivals, concerts are also good excuses for audiences to explore a city and splash the cash on travel, food and accommodation. Among the major tourist cities, Haikou saw significantly higher hotel reservations during the May Day holiday, growing by 3.4 times compared to last year. A popular boy group called Teens in Times is holding concerts from Saturday to Sunday in the coastal city known for its tropical beaches.

    According to data from the China Association of Performing Arts, the number of concerts with over 10,000 people rose by 84.37 percent from a year earlier in 2024, making it the category with the most outstanding box office performance in China’s performance market.

    So far, China’s live music performance industry, led by concerts and music festivals, boasts a market size of around 30 billion yuan and drives the development of more than 120 related industries such as food, accommodation, transportation, sightseeing, shopping and entertainment, said Han Yuanjun, a researcher at the China Tourism Academy.

    Han noted that this plays a key role in shaping a city or a destination by comprehensively driving its soft power and economic growth.

    In the latest plan on special initiatives to increase consumption released in March, the Chinese government has vowed to expand consumption in culture, sports and tourism. It will optimize the approval process for commercial performances and increase the number of tickets available for sale based on safety, according to the plan.

    Local governments have also beefed up efforts to encourage music performance activities in a bid to stimulate consumption growth. In southwest China’s Sichuan Province, the organizing units that introduce large-scale concerts and music festivals in 2025 will receive an incentive of up to 5 million yuan based on the total number of ticket sales and sales revenue.

    Dongguan in south China capitalized on the debut of the Strawberry Music Festival during the holiday, rolling out more than 500 cultural activities and six tourism routes to transform festival buzz into economic gains.

    Zhao is already looking forward to her idol’s concert in Beijing this October. “I will definitely go as long as I have time, and I will probably reunite with my squad there,” she said. 

    MIL OSI China News –

  • MIL-Evening Report: Thought the election campaign was boring? Maybe you’re just not on TikTok

    Source: The Conversation (Au and NZ) – By Susan Grantham, Lecturer in Communication, Griffith University

    This year’s election campaign marked a turning point in Australian politics. TikTok has emerged not just as another tool, but as a main battleground.

    Although it played a part in the 2022 election, this was the first time the two major parties and the Greens embraced short-form video as a serious campaign strategy.

    These videos may seem silly or nonsensical, but for many Gen Z voters, they may have been the only political messages they encountered in the entire five-week campaign. Given the dominance of Gen Z and Millennial voters, social media videos are increasingly important.

    A blend of trends, podcasts and thirst traps

    The Australian Labor Party’s campaign leaned heavily into TikTok culture, crafting a multi-pronged strategy to reach younger voters where they scroll. This included meme engagement like this absurdist #italianbrainrot trend.

    #brainrot refers to deliberately absurd, low-effort videos that thrive on chaos and nonsensical repetition.

    It’s an existing TikTok trend that started in early 2025 and is designed to capture attention in an oversaturated feed. In other words, don’t try to understand, just watch and enjoy.

    Another standout is a now-viral video of Prime Minister Anthony Albanese edited with the stylistic flair typical of TikTok “thirst trap” content. The editing style and music choice are both characteristic of this sub-genre of video designed to make the subject appear attractive.

    It walked a fine line between irony and sincerity: an intentional nod to the platform’s unique language and humour. While some lapped it up as clever, others question whether such tactics undermine the seriousness of politics.

    Labor also heavily invested in podcasting, with Albanese appearing on youth-oriented shows with the likes of Abbie Chatfield and Ozzy Man. These long-form interviews were mostly promoted by the podcasters themselves, which was a clever use of their existing audiences. It contributed to a strategy that prioritised personality as much as policy.

    Combined with a coordinated influencer outreach, including briefings with popular creators, Labor’s campaign showed a keen understanding of the algorithmic economy. Whether it was cringey or clever, it was undeniably calculated.

    Trendsetters with turbulence

    The Liberal Party started its TikTok campaigning back in December 2024. These early videos, many AI-generated, saw remarkable traction. The highest-viewed video, an AI voice-change take on a scene from “The Grinch”, has been viewed 2.8 million times.

    Then came “Tim Cheese”, a trending fictional character they used to blur the lines in political storytelling. A “bad guy”, Tim Cheese was used by the Liberals to highlight that the known bad guys aren’t always bad.

    One standout video was the introduction of “Cheesy Albanese”, which merged political satire with platform-native humour that resonated with the audience.

    The Liberals also tapped into trending sounds and aesthetics such as #brainrot and #italianbrainrot. In fairness, they were the first to use it before the official campaign started.

    But with any innovative campaign comes risk.

    A notable misstep was the repurposing of influencer content, including that of Holly MacAlpine.

    Topham Guerin, the strategy company behind the campaign, has a reputation for provocative approaches that can come close to, but don’t actually break, the law. However, this use of content did wear thin for some followers, sparking early signs of disengagement.

    The campaign’s second major stumble came on election day.

    US-based TikTok creator Ray William Johnson, who has more than 18.5 million followers, called out the Liberals for blocking his account when they clearly used his video and animation style.

    Johnson said he had no issue with the mimicry, but the party’s pre-emptive blocking of him fuelled backlash. His response video, now seen more than 12 million times, ends with a blunt directive: “I hope everyone goes out and votes for the other guy.”

    It was a viral moment that undid much of the earlier momentum, and demonstrates the high stakes of campaigning in the age of creator culture.

    Despite a clever response video from the Liberals, it was overshadowed by the sheer scale of the backlash.

    With these lows there was still highs, including a highly effective and trending video game that saw players “Escape Albo”.

    The Liberals were early trendsetters, creating boundary-pushing content for all users, even those without strong political views. They experimented with styles that went on to be mimicked, particularly with Labor’s #brainrot-inspired content.

    Greens go from giant toothbrushes to DJ sets

    In a bid to connect with the gaming community, Tasmanian Senator Nick McKim took to livestreaming sessions of the popular game Fortnite. Donning comfortable clothes and a headset, McKim engaged viewers with gaming lingo and humour, aiming to make politics more relatable to younger audiences.

    These videos were a huge success, with this one being viewed 1.4 million times.

    A central feature of the Greens social media campaign was the deployment of a giant toothbrush prop, symbolising the party’s commitment to integrating dental care into Medicare. It featured across various platforms and was a nice link to events in Brisbane and Melbourne.

    These events featured the support of big-name influencers and prompted spinoff videos launching Greens Leader Adam Bandt’s DJ career.

    But despite the flashy props, influencer cameos and party vibes, the Greens’ campaign often felt more like a collection of stunts than a cohesive digital strategy: memorable in moments, but ultimately lacking impact.

    Did it make any difference?

    While many labelled the 2025 election dull, the TikTok campaign told a different story. It was unpredictable, occasionally “cringe”, but deeply entertaining.

    It’s too soon to know if any of this shifted votes or even opinions. Party officials, campaign strategists and academics will all be watching closely to find out.

    While social media is ubiquitous in our lives, using it to campaign is still relatively new in our political history. There are no best-practice guidelines or proven approaches. Of all this content thrown at the wall, it will be fascinating to see what sticks.

    But to the millions of Australians on TikTok, politics has never looked or sounded quite like it did in 2025.

    Susan Grantham 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. Thought the election campaign was boring? Maybe you’re just not on TikTok – https://theconversation.com/thought-the-election-campaign-was-boring-maybe-youre-just-not-on-tiktok-255847

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Russia: “Farm of the Future”: Possibilities of Genetic Engineering in Agriculture

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    As part of the 63rd International Scientific Student Conference, which was held at NSU in the second half of April, candidate of biological sciences, head of the laboratory of developmental genetics of the Institute of Cytology and Genetics of the Siberian Branch of the Russian Academy of Sciences (ICG SB RAS), associate professor of the Department of Cytology and Genetics Faculty of Natural Sciences, Novosibirsk State University Nariman Battulin gave a popular science lecture, “Farm of the Future: How Genetic Technologies Change Animals.” The scientist told conference participants in an accessible form about how geneticists can influence the genome of farm animals.

    How to read a genome?

    A geneticist reads genetic texts (genomes) the same way we all read books or posts on the Internet. There are only 4 letters in DNA – A, T, G, C, but one line of the human genome contains 3 billion letters. These texts describe all the characteristics and features of living organisms, right down to eye color and perception of cold. Geneticists study these texts with great interest and try to decipher them.

    — The control section of DNA switches on and off certain genes in the right organ at the right time and at the right stage of development. If we learn to understand the “genetic texts”, we will be able to control the properties of organisms. Replacing just one letter can lead to dramatic changes. For example, “turning” brown eyes into blue. Naturally, this excites the imagination of scientists, because it opens up huge opportunities for them. Knowing the DNA “texts”, it is possible to solve many problems in various fields. The simplest is forensics: if the perpetrator left his DNA at the crime scene, it can be read and certain properties of his body and even some details of his appearance can be restored. A more difficult task is genetic modification. If we learn to modify DNA, we will be able to artificially set the properties of the organism we need. To do this, we need to solve a big interesting problem — learn to find those sections of DNA that are responsible for the formation of a certain feature, — explained Nariman Battulin.

    The scientist said that geneticists learn which letters in the DNA “text” are responsible for certain properties of the body using genome-wide association studies (GWAS), which helps scientists identify genes associated with a certain disease (or other trait). This method studies the entire DNA set (genome) of a large group of people, identifying small variations called single nucleotide polymorphisms or SNPs. It is based on a statistical procedure that determines the significance of the difference of a particular SNP between groups of people with and without a trait. In this way, it is possible to identify areas of the genome responsible for eye color or hair structure, cognitive abilities and mental characteristics. Up to the genes responsible for a person’s sense of musical rhythm or sense of humor, as well as the grades they receive in class or the level of income they will be able to achieve. Thanks to such studies, geneticists, if a person detects any pathology or body trait, can determine in which area of the genome the gene “breakdown” occurred.

    More muscles!

    In animal husbandry, similar studies are aimed at identifying genes responsible for economically valuable traits in animals, such as muscle mass in cattle, pigs and sheep, or egg production in birds. Geneticists have learned to identify regions of the genome that enable cows to produce record milk yields, which has revolutionized agriculture, because since this approach was first used to identify the best milk or meat producing animals, there has been a significant increase in agricultural productivity. This approach is no more than 10 years old, but the results achieved during this time allow us to look to the future with optimism and confidently predict further growth in productivity in the livestock industry.

    There is another approach: geneticists look for genome sections responsible for any pathological features of an organism by studying the genomes of animals with deformities. “Breakdowns” of genes can lead to the strangest changes in the phenotype of organisms. These changes are an excellent source of information for searching for DNA sections responsible for their development.

    Nariman Battulin mentioned the Belgian Blue cow breed as an example. Its characteristic feature is hypertrophied, sculpted muscles. It seems that this is how a product of genetic engineering should look, but no. The reason for this was not the experiments of geneticists, but a random mutation in one gene, which increased muscle growth. It happened quite a long time ago, but was fixed by breeders by selecting individuals with increased muscle mass as an economically valuable trait. Then it turned out that the initial mutation occurred as a result of a “breakdown” of just one gene – myostatin, which prevents the formation of an excessive number of muscle cells. If this gene is knocked out, nothing prevents muscle growth and their volume increases twice as much as normal. And scientists quickly learned to use this.

    There is another effective way to interfere with the genome of living organisms. Since they are all distant relatives and have a common ancestor, they also have common genes. If a “broken” myostatin gene is found in cows, this may indicate that a similar gene is present in other animals, and most likely, in their organisms it is responsible for the same trait or property.

    There is only one example in the scientific literature of a “breakdown” in a gene that prevents excessive muscle growth in humans—the same one that affects Belgian Blue cows. This is a boy born with a knockout of the myostatin gene. The baby had twice as much muscle tissue as his peers.

    — It would seem that here it is, an alternative to grueling workouts in gyms: it is enough to block myostatin, and relief muscles are provided from birth and without any effort. But this medal has a reverse side. All muscles increase twofold, and even those whose increase directly affects the quality of life and health. For example, the tongue, which is also a muscle.

    The complexity of such modifications is that each gene affects many traits at once. On the one hand, myostatin knockout increases muscle growth, on the other hand, it creates problems with nutrition due to the tongue being twice as large, and on the third hand, such massive animals with such a large muscle volume cannot be born naturally. For example, the same breed of cows, the Belgian Blue. Almost always, calves of this breed are born by cesarean section. Therefore, before creating such animals using genetic technologies, one should think: will it be economically justified and is it worth settling them on the farm of the future? Yes, they will give much more meat, but how many veterinarians will be needed if the production of meat from such cows is put on stream? After all, the birth of each calf will be accompanied by a surgical operation, – said Nariman Battulin.

    As a result, it turns out that the economic effect of one mutation is not really that impressive due to the additional costs of changing the technology of keeping animals with a knocked-out gene. Genetic engineers should always think through such situations. “Improving” one trait can lead to problems with another. And finding a balance so that the desired genetic variants are productive and economically effective is very difficult. In addition, as practice shows, there are very few of them.

    “Genetic scissors”

    — From the point of view of fundamental biology, if we want to learn how genes work, we need to study this mechanism in animals in which the mutation occurred by chance. But to better understand this mechanism, we need to reproduce it ourselves, transferring this genetic variant to another organism, and see what happens. Geneticists have several tools for this task. The most popular is the CRISPR/Cas9 genome editing tool. It is based on an element of the bacterial defense system that biologists have adapted to make changes to the DNA of plants, animals and humans. It consists of using short RNA that directs CRISPR/Cas9 to the desired site in the genome. After attaching to the target DNA, CRISPR/Cas9 cuts two DNA strands, allowing scientists to either deactivate the gene or insert a new DNA segment in place of the cut. Just one break is enough to “break” the gene and make changes to the DNA. In essence, this genomic editing tool is a biological molecule that can find the right place in the genome to “hit”. This is very important because the human genome, like the genome of a cow and other mammals, consists of 3 billion nucleotides, and finding the right one is not so easy. Genomic editing tools allow us to do this, – explained Nariman Battulin.

    With these tools, the most popular genetic variants can be transferred from one animal species to another. For example, the genome of the same Belgian Blue cows contains a knockout of the myostatin gene, while cows of other breeds do not. It is possible to introduce this genetic change by crossing, but it will take too much time. But with the help of genomic editing tools, it is quite possible to introduce the desired genetic variant directly into the DNA of meat breeds. And such calves have already been obtained.

    One of the scientific articles on this topic, “Efficient introduction of mutations into the piglet genome using CRISPR/Cas9,” which was published in the scientific journal Scientific Reports, says that the authors obtained 8 piglets with a knockout of the myostatin gene. And indeed, their muscles were twice as big as those of normal piglets. However, all the modified animals died within a week. But why did genome editing, which is successfully carried out on cows, fail on pigs?

    — The thing is that each gene affects not just one function, but several at once. For example, the genomes of Belgian Blue cows contain other genetic variants that compensate for the negative impact of myostatin knockout on the body, while pigs do not have such variants. Therefore, it is important for geneticists to remember that the results of transferring one genetic variant to another genetic background can be unpredictable and undesirable, which is what happened in the case of piglets, in whose genome the myostatin gene was knocked out. But sometimes the results are positive. Lambs successfully tolerated the knockout of the myostatin gene — their muscle mass increased, but, unlike piglets, they were viable. This gene was successfully blocked in fish. In Japan, sea bream was subjected to this manipulation, after which the muscle mass of this species increased by 17%. Experiments on “building up” muscles in these fish continue, attempts are being made to bring genetically improved sea bream to market. But genetically modified salmon has already entered the American market. True, it took the enterprise implementing such a bold project 30 years of work and 100 million dollars in investments. If a regular salmon at the age of 18 months reaches 33 cm in length and weighs 1.3 kg, then its transgenic relative is twice as long and reaches a weight of 3 kg, – said Nariman Battulin.

    By the way, the farm of the future will have a place for aquaculture, which is currently becoming an important element of agriculture. Most of the fish that comes to our table are not caught in the wild, but grown in fish farms.

    Beneficial mutations

    With the help of genetic engineering, scientists can make various useful changes to the genome of animals. For example, depriving cattle of horns, which will avoid many problems, namely, injury to other animals or farm workers.

    — There are genetic variants of natural mutations obtained in hornless cows. By identifying the genes responsible for such a beneficial mutation, it is possible to artificially edit the genome of cows of other breeds, and calves will be born that fully correspond to their breed with only one exception — they will not grow horns. At the same time, other features and advantages of the breed remain unchanged. Such calves have already been obtained. Normally, animals of their breed are characterized by long horns, but genetically modified cows of this breed do not have them, — Nariman Battulin specified.

    By means of genome editing, it is possible to “adapt” cows to climate change. For example, to global warming. There are genetic variants that allow increasing their temperature adaptation, i.e. resistance to heat stress. For example, if you introduce a corresponding mutation into the genome of Angus cows, “breaking” just one gene, the skin of the genetically modified animal becomes slightly thinner, and the wool becomes thinner, which reduces body temperature by 0.3-0.5 degrees under heat stress. Therefore, despite the fact that the absolute figures are small, from the point of view of the biological system, this is a very significant change.

    Cold-resistant animals can be created in a similar way. In this task, geneticists are looking for inspiration in the Yakut breeds of cattle, which can withstand even the harshest frosts. They can winter in open areas, so there is no need to build warm barns. And the reason for such resistance to the cold lies, of course, in their genome. Scientists have identified the very genetic variant that affects the cold resistance of Yakut breeds of cattle. This same genetic variant is found in deep-diving animals, as well as in mammals that can hibernate or significantly change their own body temperature.

    — Before actually reproducing these genetic variants in other breeds, it is very important to try to understand the mechanism by which these processes are realized. Therefore, at the Institute of Cytology and Genetics of the Siberian Branch of the Russian Academy of Sciences, we created modified mice in which we reproduced the genetic variant of Yakut cows. Now we are trying to understand how these mice feel in low temperatures. We are observing changes in the heart rate of mouse embryos depending on the decrease in the ambient temperature. And there is hope that very soon we will understand how this mechanism works and will be able to create cold-resistant mice. But it is desirable that they do not exist on the farm of the future, — the scientist said.

    According to Nariman Battulin, the most impressive thing that could be on a farm of the future is pigs that will become organ donors for humans. Unfortunately, humanity does not have the ability to provide donor organs to everyone in need. Genetically modified animals, whose organs can be transplanted to humans, could become an alternative to regular donors. By many parameters, the only species that can be used for these purposes is the pig. In recent years, significant progress has been made in this area. There are known cases of successful xenotransplantation of a kidney from a transgenic pig to a human in the world. However, after this, the few patients lived very short lives. The record holder was a man who underwent surgery in the United States in January of this year. He has been living with such a kidney for four months now.

    — The most complex genetic changes that were made on animals were made on pigs for the purpose of subsequent xenotransplantation. In this case, it is necessary to introduce dozens of modifications into the genome, to “break” the genes that produce proteins that our immune system perceives as foreign. In addition, it is necessary to combine the immune systems and blood coagulation systems of humans and pigs. And many such modifications need to be made — the more, the more successful the xenotransplantation procedure will be. Geneticists from all over the world, including scientists from the Novosibirsk Akademgorodok, are working on solving this problem, — the lecturer noted.

    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 –

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for May 5, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on May 5, 2025.

    Trump’s push on deep sea mining leaves Nauru’s commercial ambitions ‘out in cold’
    By Teuila Fuatai, RNZ Pacific senior journalist Nauru’s ambition to commercially mine the seabed is likely at risk following President Donald Trump’s executive order last month aimed at fast-tracking ocean mining, anti-deep sea mining advocates warn. The order also increases instability in the Pacific region because it effectively circumvents long-standing international sea laws and processes

    A ‘Trump slump’ has lifted the left in Canada and now Australia – what are the lessons for NZ?
    Source: The Conversation (Au and NZ) – By Grant Duncan, Teaching Fellow in Politics and International Relations, University of Auckland, Waipapa Taumata Rau Trying to capitalise on the electoral success of US President Donald Trump, now that his policies are having real-world effects, is proving to be a big mistake for conservative leaders. Australian voters

    What is a ‘smart city’ and why should we care? It’s not just a buzzword
    Source: The Conversation (Au and NZ) – By Milad Haghani, Associate Professor & Principal Fellow in Urban Risk & Resilience, The University of Melbourne guitar photographer/Shutterstock More than half of the world’s population currently lives in cities and this share is expected to rise to nearly 70% by 2050. It’s no wonder “smart cities” have

    We talk a lot about being ‘resilient’. But what does it actually mean?
    Source: The Conversation (Au and NZ) – By Peter McEvoy, Professor of Clinical Psychology, Curtin University Kinga Howard/Unsplash In a world with political polarisation, war, extreme weather events and increasing costs of living, we need to be able to cope as individuals and communities. Our capacity to cope with very real stressors in our lives

    Newly discovered tropical oyster reefs are thriving across northern Australia – they deserve protection
    Source: The Conversation (Au and NZ) – By Marina Richardson, Research Fellow in Marine Science, Griffith University Marina Richardson Oysters are so much more than a seafood delicacy. They’re ecosystem engineers, capable of building remarkably complex reefs. These structures act as the kidneys of the sea, cleaning the water and keeping the coast healthy, while

    New deal for journalism – RSF’s 11 steps to ‘reconstruct’ global media
    Australia (ranked 29th) and New Zealand (ranked 16th) are cited as positive examples by Reporters Without Borders in the 2025 World Press Freedom Index of commitment to public media development aid, showing support through regional media development such as in the Pacific Islands. Reporters Without Borders The 2025 World Press Freedom Index by Reporters Without

    Blaming Donald Trump for conservative losses in both Canada and Australia is being too kind to Peter Dutton
    Source: The Conversation (Au and NZ) – By David Smith, Associate Professor in American Politics and Foreign Policy, US Studies Centre, University of Sydney Australia’s federal election, held less than a week after Canada’s, has produced a shockingly similar outcome. Commentators all over the world have pointed out the parallels. In both countries, centre-left governments

    In its soul-searching, the Coalition should examine its relationship with the media
    Source: The Conversation (Au and NZ) – By Matthew Ricketson, Professor of Communication, Deakin University Among the many lessons to be learnt by the Liberal-National Coalition parties from the election is that they should stop getting into bed with News Corporation Australia. Why would a political party outsource its policy platform and strategy to people

    Second-term Albanese will face policy pressure, devastated Liberals have only bad options
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra On February 1, on The Conversation’s podcast, Anthony Albanese not only declared that Labor would retain majority government, but held out the prospect it could win the Victorian Liberal seats of Menzies and Deakin. This was when the polls were

    Election flops – a night to forget for minor parties on the left and the right
    Source: The Conversation (Au and NZ) – By Maxine Newlands, Adjunct Senior Research Fellow, Centre for Policy Futures, University of Queensland, Adjunct Principal Research Fellow, Cairns Institute, James Cook University Minor parties were all the rage at the last election when, along with independent candidates, they secured almost a third of votes. But they have

    ‘Dead weight comes to mind’ when thinking about Gazan parents and genocide
    World Media Freedom Day reflections of a protester Yesterday, World Media Freedom Day, we marched to Television New Zealand in Tāmaki Makaurau Auckland to deliver a letter asking them to do better. Their coverage [of Palestine] has been biased at its best, silent at its worst. I truly believe that if our media outlets reported

    Independents will not help form government – but they will be vital in holding it to account
    Source: The Conversation (Au and NZ) – By Joshua Black, Visitor, School of History, Australian National University When the newspapers delivered their standard election-eve editorials, there were few surprises. Former Fairfax papers and smaller outlets offered qualified support for Labor, while the News Corp papers unashamedly championed the Coalition. In Adelaide, The Advertiser ran a

    State of the states: 6 experts on how the election unfolded across the country
    Source: The Conversation (Au and NZ) – By David Clune, Honorary Associate, Government and International Relations, University of Sydney While counting continues nationally, the federal election result is definitive: a pro-Labor landslide and an opposition leader voted out. But beyond the headline results, how did Australians in the key seats in each state vote, and

    ER Report: A Roundup of Significant Articles on EveningReport.nz for May 4, 2025
    ER Report: Here is a summary of significant articles published on EveningReport.nz on May 4, 2025.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Bitget Amplifies Global Leadership and Community Impact with Strong Presence at TOKEN2049 Dubai

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, May 05, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has wrapped up an impactful and illuminating week at TOKEN2049. As a Gold Sponsor, Bitget marked its presence through headline participation, strategic dialogue, and community-focused activations, engaging with key industry leaders, partners, and thousands of attendees from around the world.

    Gracy Chen, CEO of Bitget, delivered a keynote address on Day One of the conference, highlighting how the exchange has continued to scale in a challenging economic environment. She pointed to the strong performance of Bitget’s native token, BGB, which has seen significant growth in both market cap and user adoption in 2025. Her remarks focused on how Bitget continues to operate with agility in volatile conditions, translating uncertainty into momentum and using market shifts as a springboard for innovation. The session offered attendees practical insight into Bitget’s approach to sustained scaling in a fast-evolving space.

    At the Bitget booth, multiple KOLs, affiliates and partners of Bitget showed up to provide support, along with UCLA Professor Alex Nascimento’s Book on Blockchain and STOs mentioning Bitget’s growth being featured for exclusive signing.

    Bitget also hosted Cryptoverse Dream Night on April 30, an invite-only side event presented in collaboration with 1inch and backed by Morph. The event brought together over 400 attendees from across the ecosystem for an evening of curated experiences, live entertainment, and high-value networking.

    Following the conclusion of TOKEN2049, Bitget CEO Gracy Chen participated in the Hack Seasons Conference 2025 in Dubai. During the Exchanges Panel, she joined industry leaders to discuss the evolving landscape of digital asset trading platforms. Gracy shared insights into Bitget’s strategic initiatives, emphasizing the integration of centralized and decentralized finance, and the company’s commitment to advancing Web3 infrastructure. Her contributions highlighted Bitget’s role in shaping the future of the crypto industry and fostering innovation in the digital economy.

    “Our involvement in Token2049 was not just about visibility,” said Gracy. “It was about being where the real conversations are happening — with builders, users, and investors who are shaping the direction of the crypto ecosystem. Events like this are essential to turning ideas into action.”

    Bitget’s TOKEN2049 presence follows a series of milestones in 2025, including a 20% increase in total user base to over 120 million users, a spot trading volume surge of 159% QoQ to $387 billion and its inclusion in Forbes’ Top Trusted Crypto Exchange list. As Bitget continues to expand its global footprint and advance its vision for the future of crypto, it remains focused on delivering accessible, secure, and user-driven solutions that meet the evolving needs of traders and the broader Web3 community.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com 

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    The MIL Network –

  • MIL-OSI USA: Sols 4527-4528: ‘Boxwork Ahoy!’

    Source: NASA

    Written by Natalie Moore, Mission Operations Specialist at Malin Space Science Systems
    Earth planning date: Wednesday, April 30, 2025
    We’re back in our standard “touch and go” plan regime today, where we sandwich a midday remote science block between morning-APXS and afternoon-MAHLI contact science arm blocks. We had our first late-slide 9 a.m. PDT start in quite a while due to our “isolated nominal” plan on Monday! This meant the whole team was ready and “patiently” (read: not-so-patiently) waiting for our drive data to come down around 8:40 this morning. Thankfully, everything we were waiting for came down to Earth and told us Curiosity was right where we wanted her to be! The planning begins…
    Sol 4527 contains most of our activities in this plan. We start off about 10:00 local Gale time with a DRT and APXS analysis of contact science target “Tamarack Valley,” a rough but brushable bedrock target in our workspace. We leave the arm unstowed (and out of the way) for our remote science block spanning the hours of about 12:35-13:45. That block starts with a large, 76-frame stereo Mastcam mosaic covering the boxwork structures to the west while ChemCam’s instrument cools down to allow for LIBS.
    After Mastcam is done, ChemCam shoots their LIBS on a rougher bedrock target named “Aguanga,” and an RMI mosaic of the boxwork structures included in the Mastcam mosaic. About 14:00 local time, MAHLI finishes the contact science with a full suite of Tamarack Valley (25-centimeter, 5-centimeter stereo, and 1-centimeter images). Then we drive! Hopefully about 30 meters closer (about 98 feet) to the boxwork structures for our weekend plan. 
    Curiosity takes the second sol easier with some Navcam dust-devil and horizon movies, along with a rover-decided LIBS target at our new location to start off science decisions for Friday.

    MIL OSI USA News –

  • MIL-OSI New Zealand: Health – “Please don’t die today” – a mother’s fight against asthma – Asthma and Respiratory Foundation

    Source: Asthma and Respiratory Foundation

    “I love you, Mummy. Please don’t die today.”
    That’s what Jade Steven’s five-year-old son whispered to her one morning before school.
    For Jade, a mother-of-three from Wellington, those words captured the fear that comes with living – and parenting – while battling asthma.
    This World Asthma Day (on Tuesday 6 May), Jade, 37, is sharing her story to raise awareness of those living with asthma.
    Jade was diagnosed in her late 20s with brittle asthma – a rare and severe form of the disease, more commonly referred to now as severe or difficult-to-control asthma.
    At the time, she was being admitted to hospital nearly every month, with long stays in intensive care and repeated courses of oral steroids. All this while raising three young boys.
    “I wanted to be the kind of mum who could be there for everything – every school pickup, every bedtime story – but instead, hospital beds replaced family dinners.
    “I’ll never forget the moment I dropped my youngest off at school one day. He was just five. He kissed me goodbye, paused, and whispered, ‘I love you, Mummy. Please don’t die today.’
    “I reassured him, but inside I was breaking. That fear – his and mine – was all too real.”
    Today, thanks to a biological treatment, Jade’s condition is under control and her symptoms are manageable.
    “The treatment gave me my life back.
    “The hospital visits have become rare, and I’ve finally been able to stop taking steroids.”
    Her children are now teenagers and she’s able to be the mum she always wanted to be at the beginning, she says.
    “I can go to my eldest son’s band Intercite gigs, school events, quad bike adventures, or just sit on the couch and watch a movie without them having to worry that Mum might be going to hospital again.”
    Asthma and Respiratory Foundation NZ Chief Executive Ms Letitia Harding says Jade’s story shows the reality of asthma that many New Zealanders are still unaware of.
    “Jade’s experience is a reminder that asthma can affect people in very different ways, and for some, it’s far more serious than many realise.
    That’s why World Asthma Day is so important in raising awareness, Ms Harding says.
    “We need to lift the stigma, increase awareness, and ensure everyone understands just how serious this condition can be.”
    This year, the Foundation is marking World Asthma Day by launching its first-ever Blue Shirt Day campaign.
    Blue Shirt Day calls on all Kiwis to wear blue, share stories like Jade’s, and support better research, education, and access to life-saving treatments.
    In New Zealand, asthma affects 1 in 8 adults and children, kills an average of 96 people each year, and is responsible for the hospitalisations of thousands of children – many of whom will have had a potentially life-threatening asthma attack.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Health – “Please don’t die today” – a mother’s fight against asthma – Asthma and Respiratory Foundation

    Source: Asthma and Respiratory Foundation

    “I love you, Mummy. Please don’t die today.”
    That’s what Jade Steven’s five-year-old son whispered to her one morning before school.
    For Jade, a mother-of-three from Wellington, those words captured the fear that comes with living – and parenting – while battling asthma.
    This World Asthma Day (on Tuesday 6 May), Jade, 37, is sharing her story to raise awareness of those living with asthma.
    Jade was diagnosed in her late 20s with brittle asthma – a rare and severe form of the disease, more commonly referred to now as severe or difficult-to-control asthma.
    At the time, she was being admitted to hospital nearly every month, with long stays in intensive care and repeated courses of oral steroids. All this while raising three young boys.
    “I wanted to be the kind of mum who could be there for everything – every school pickup, every bedtime story – but instead, hospital beds replaced family dinners.
    “I’ll never forget the moment I dropped my youngest off at school one day. He was just five. He kissed me goodbye, paused, and whispered, ‘I love you, Mummy. Please don’t die today.’
    “I reassured him, but inside I was breaking. That fear – his and mine – was all too real.”
    Today, thanks to a biological treatment, Jade’s condition is under control and her symptoms are manageable.
    “The treatment gave me my life back.
    “The hospital visits have become rare, and I’ve finally been able to stop taking steroids.”
    Her children are now teenagers and she’s able to be the mum she always wanted to be at the beginning, she says.
    “I can go to my eldest son’s band Intercite gigs, school events, quad bike adventures, or just sit on the couch and watch a movie without them having to worry that Mum might be going to hospital again.”
    Asthma and Respiratory Foundation NZ Chief Executive Ms Letitia Harding says Jade’s story shows the reality of asthma that many New Zealanders are still unaware of.
    “Jade’s experience is a reminder that asthma can affect people in very different ways, and for some, it’s far more serious than many realise.
    That’s why World Asthma Day is so important in raising awareness, Ms Harding says.
    “We need to lift the stigma, increase awareness, and ensure everyone understands just how serious this condition can be.”
    This year, the Foundation is marking World Asthma Day by launching its first-ever Blue Shirt Day campaign.
    Blue Shirt Day calls on all Kiwis to wear blue, share stories like Jade’s, and support better research, education, and access to life-saving treatments.
    In New Zealand, asthma affects 1 in 8 adults and children, kills an average of 96 people each year, and is responsible for the hospitalisations of thousands of children – many of whom will have had a potentially life-threatening asthma attack.

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Mandatory information standard for toppling furniture to reduce accidents and deaths

    Source: Australian Ministers for Regional Development

    Furniture suppliers are now required to provide safety warnings to consumers about the dangers of toppling furniture after the mandatory information standard for toppling furniture came into effect on 4 May 2025.

    Since the year 2000 at least 28 people, including 17 children under five, have died in Australia from toppling furniture and televisions.

    Each year more than 900 Australians suffer injuries requiring medical assistance from toppling furniture. Children aged up to four years are most at risk, with older Australians also vulnerable.

    “A mandatory information standard is a critical step towards reducing the injuries and deaths involving toppling furniture,” ACCC Deputy Chair Catriona Lowe said.

    “The impact of furniture tip-over can be tragic, with young children and the elderly most at risk. The information standard raises awareness about the risk of furniture tip-over and empowers consumers with the knowledge they need to safeguard their homes.”

    The new information standard applies to chests of drawers, wardrobes, bookcases, hall tables, display cabinets, buffets and sideboards with a height of 686mm or more, and entertainment units of any height.

    If not properly secured, tall or unstable furniture can topple over when young children attempt to climb on them or pull themselves up. Elderly people with reduced strength or mobility are also at greater risk because they are more likely to rely on furniture for support and are more likely to suffer severe injury if furniture tips over.

    The information standard requires suppliers to:

    • provide warnings about the hazards of toppling furniture in stores and online
    • include safety information and advice about anchoring furniture in manuals and assembly instructions.

    “Suppliers must meet these requirements, and the ACCC will be working with state-based consumer agencies to monitor compliance and take enforcement action if appropriate,” Ms Lowe said.

    “Suppliers face serious penalties for non-compliance, with penalties up to $50 million for businesses and $2.5 million for individuals.”

    Following a recommendation by the ACCC, the toppling furniture information standard was made by the Assistant Treasurer on 13 April 2024 and registered on 3 May 2024. Suppliers have had a 12-month transition period to implement the new information and labelling requirements.

    Consumer advice

    When you’re out shopping, use these tips to help you pick safer furniture:

    • Look for required warning labels displayed in store, online and on the furniture.
    • Examine the furniture to make sure it is stable.
    • Pull out any top drawers of a chest of drawers or open doors on other furniture items and apply a little pressure to see how stable the furniture is.
    • Look for low-set furniture, or furniture with a sturdy, stable and broad base. It’s less likely to tip over.

    The best way to prevent furniture from tipping over is to secure it to the wall or floor with an anchoring device.   

    What you’ll need depends on what your wall or floor is made of, and what kind of furniture you’re working with. There are different kinds of wall and floor anchors available.

    If your furniture doesn’t come with anchoring hardware, you can ask about anchors and buy what you need from a furniture retailer, hardware store or a specialty retailer selling baby and toddler products.

    As well as securing your furniture and TVs, here are some things you can do to use furniture safely:

    • Place furniture on a flat and stable surface.
    • Keep your heaviest items at the bottom of your drawers or shelves. Furniture that is top-heavy is easier to tip over.
    • Don’t place heavy items such as TVs or items that are attractive to children on top of furniture.
    • Put locking devices on all drawers. They help prevent children from opening them and using them as steps.

    Information for suppliers

    From 4 May 2025, furniture suppliers must comply with the requirements of the mandatory information standard. The ACCC published supplier guidance to assist suppliers in complying with the mandatory standard.

    Supplying a product that fails to comply with the information standard is a contravention of the Australian Consumer Law and may expose a business or individual to potential enforcement action by the ACCC.

    The maximum financial penalties for businesses are the greatest of:

    • $50,000,000;
    • three times the value of the “reasonably attributable” benefit obtained from the conduct, if the court can determine this; or
    • if a court cannot determine the benefit, 30 per cent of adjusted turnover during the breach period.
    • The maximum financial penalty for individuals is $2,500,000.

    MIL OSI News –

  • MIL-OSI Asia-Pac: WAVES 2025: A People’s Movement that Empowers Every Creator to be a Star

    Source: Government of India

    WAVES 2025: A People’s Movement that Empowers Every Creator to be a Star

    WAVES Bazaar a resounding success; records business transactions worth more than Rs. 1328 crores with 3000+ B2B Meetings in 3 days; Govt of Maharashtra signs MoUs worth Rs 8000 crores in M&E Sector

    Member Nations adopt WAVES Declaration at Global Media Dialogue

    Investment worth Rs 50 crores in pipeline as part of WAVEX Startup Accelerator

    Indian Institute of Creative Technology (IICT) poised to be a milestone in capacity building for Creative Economy

    Create in India Challenge promises to foster Creative Economy in India

    Knowledge Reports unveiled at WAVES project India’s giant leaps in Creative Economy

    Posted On: 04 MAY 2025 7:48PM by PIB Mumbai

    Mumbai, 4 May 2025

     

    The premier edition of World Audio Visual and Entertainment Summit (WAVES 2025) concluded on a high note today in Mumbai, registering an overwhelming response from exhibitors, industry leaders, startups, policymakers, academia, and the general public. The summit emerged as a key convergence point for the media and entertainment ecosystem, drawing participation from every segment of the industry — from celebrated artists and influential content creators to tech innovators and corporate leaders. With a vibrant mix of exhibitions, panel discussions, and B2B collaborations, the event witnessed a remarkable turnout and reaffirmed India’s position as a rising global Powerhouse of media and entertainment.

    The celebration of creativity, technology, and storytelling began with the inauguration of its maiden edition by Prime Minister Shri Narendra Modi in a star-studded event held in Jio World Convention Centre. In his inaugural address, Prime Minister Modi remarked that WAVES is not just an acronym, it is a wave of culture, creativity and universal connectivity. The Prime Minister said that India is emerging as a global hub for film production, digital content, gaming, fashion, music and live concerts. He called upon the creators of the world to dream big and tell their stories; to the investors to invest not just in platforms, but in people; and to the Indian youth – to tell their one billion untold stories to the world. Declaring WAVES as the dawn of India’s Orange Economy, he urged the youth to lead this creative surge and make India a global creative hub.

    High-impact Knowledge Sessions

    Taking forward the vision of the Prime Minister, WAVES 2025, over the last four days, acted as a platform for high-level exchange of ideas, skills, and sectoral insights. The Conference Track of WAVES 2025 served as a vital forum for dialogue and collaboration, bringing together thought leaders, industry pioneers, policymakers, and professionals from across the globe. Through a carefully curated series of plenary sessions, breakout discussions, and master classes, the summit explored the latest innovations and emerging strategies shaping the future of the Media & Entertainment industry. The sessions enabled meaningful exchange of ideas, cutting across domains and specialisations.

    The maiden edition of WAVES will be known for the high impact knowledge sessions and the discourse covering a broad spectrum of topics, including Broadcasting and Infotainment, AVGC-XR, Digital Media, and Films. With more than 140 sessions featuring more than 100 international speakers, spread across three main halls (each accommodating over 1,000 participants) and five additional halls with capacities ranging from 75 to 150, the Summit maintained overwhelming attendance levels — with many sessions recording full occupancy.

    The plenary Sessions featured over 50 keynote addresses by eminent personalities such as Mukesh Ambani, Ted Sarandos, Kiran Mazumdar-Shaw, Neal Mohan, Shantanu Narayen, Mark Read, Adam Mosseri, and Nita Ambani. Their insights offered compelling perspectives on the evolving entertainment industry, advertising landscape, and digital transformation. Film icons including Chiranjeevi, Mohanlal, Hema Malini, Akshay Kumar, Nagarjuna, Shah Rukh Khan, Deepika Padukone, Allu Arjun, and Shekhar Kapur, many of whom were also members of the WAVES Advisory Board, engaged in thought-provoking conversations on the future of cinema and content creation in the age of virtual production and artificial intelligence.

    The 40 masterclasses at WAVES 2025 were designed to offer practical learning and creative exploration. Participants gained direct exposure to industry techniques through sessions such as The Art of Acting by Aamir Khan, Craft of Direction by Farhan Akhtar, and Insights into Filmmaking by Michael Lehmann. Other sessions explored behind-the-scenes narratives like the making of Panchayat by Amazon Prime, designing AR lenses, creating AI avatars, and developing games using generative AI. These sessions provided professionals and aspiring creators with actionable knowledge and tools to stay ahead in a rapidly evolving creative economy.

    WAVES also featured 55 breakout sessions, which provided a platform for in-depth discussions on specialised themes such as broadcasting, digital media, OTT, AI, Music, News, Live events, Animation, Gaming, Virtual production, Comics, and Filmmaking. These interactive sessions brought together senior professionals from leading companies including Meta, Google, Amazon, X, Snap, Spotify, DNEG, Netflix, and NVIDIA, along with representatives from industry bodies such as FICCI, CII, and IMI. Designed to encourage sector-specific insights and collaboration, the discussions addressed critical challenges and charted new directions for growth and innovation.

    WAVES Bazaar garners Rs 1328 crores in Business Deals; Govt of Maharashtra signs MoUs worth Rs 8000 crores in M&E Sector

    The inaugural edition of WAVES Bazaar, organized under the umbrella of WAVES, was a resounding success as it has established itself as a premier platform for international business collaboration in the creative industries. The marketplace recorded business deals or transactions worth Rs. 1328 crores across the film, music, radio, VFX, and animation sectors. Out of the total estimated outcome, Rs. 971 cr has been from B2B meetings alone. A key highlight of the Bazaar was the Buyer-Seller Market which witnessed over 3,000 B2B meetings. In a major achievement under international collaboration, Film India Screen Collective and Screen Canterbury NZ from New Zealand announced a collaborative proposal to launch the first-ever Indian Film Festival in New Zealand. Only Much Louder CEO Tushar Kumar and Alexander Zharov, CEO of Russian firm Gazprom Media CEO announcing early talks on a MoU to collaborate on cross-cultural festivals and co-produce comedy and music shows in Russia and India was another achievement. The announcement of the Prime Video & CJ ENM Multi-Year Collaboration was another highlight of the Bazaar as the strategic partnership was unveiled to distribute premium Korean content globally. The other milestones include the announcement of the film ‘Devi Chowdhurani,’ which became the India’s first official Indo-UK co-production, and the film ‘Violated’ which will be a co-production of Fusion Flicks from the UK and JVD Films.

    The Maharashtra government has also added business value to the summit by signing MoUs worth ₹8,000 crore at the WAVES. While MoUs worth ₹1,500 crore were signed each with the University of York and the University of Western Australia, the state’s Industries Department signed MoUs worth ₹3,000 cr and ₹2,000 cr with Prime Focus and Godrej respectively.

    Member Nations adopt ‘WAVES Declaration’ at the Global Media Dialogue 2025

    The Global Media Dialogue 2025, held during the World Audio Visual and Entertainment Summit (WAVES 2025) in Mumbai, was a landmark event with participation from 77 nations, underscoring India’s pivotal role in the global media and entertainment arena. The dialogue highlighted the power of international collaborations in fostering creativity while respecting cultural sensitivities. The member nations collectively adopted the ‘WAVES Declaration’, emphasizing the urgency of bridging the digital divide and leveraging media to promote global peace and harmony. The discussions underscored the profound role of films in uniting diverse cultures and the growing significance of individual stories in the creator economy, amplified by technological advancements.

    Dr. S. Jaishankar, Union External Affairs Minister, stressed the need for a synergy between technology and tradition, advocating for the empowerment of youth through skill development and innovation. Shri Ashwini Vaishnaw, Union Minister for Information & Broadcasting, highlighted the transformative impact of technology on content creation and the critical importance of fostering local content, co-production agreements, and joint funding initiatives. India’s “Create in India” challenges, which successfully identified over 700 global creators, were showcased, with plans to expand them to 25 languages in the next edition. This summit laid a robust foundation for future global cooperation in media and entertainment, emphasizing creative excellence and ethical content production.

    WAVEX: An Accelerator for Aspiring Start-ups in M&E Sector

    WAVES Start-Up Accelerator selected 30 M&E Start-Ups to pitch their unique ideas directly to a battery of heavy-weight investors like Lumikai, Jio, CABIL, WarmUp Ventures – among the 45 key angel investors on board. With over 1000 registrations, the initiative germinated investment discussions worth Rs. 50 crore that are in pipeline. Apart from this, over 100 Start-Ups exhibited their ideas and products to potential investors in the dedicated Start-Up pavilion. WAVEX as an initiative aims to create a palpable investment ecosystem for start-ups to thrive and grow by forming an angel investor network specifically focussed on the Media and Entertainment sector. Start-Ups from Tier 1 and Tier 2 shined at WAVEX and their founders took centre-stage. To facilitate such creators better, WAVEX will set up a network of incubators with dedicated mentors for handholding and investors for seed investment. WAVEX is unique as it facilitates ideas that do not have a tangible product yet, but have a solid potential.

    Key Knowledge Reports Released at WAVES 2025

    Dr. L. Murugan, Union Minister of State for Information & Broadcasting and Parliamentary Affairs, unveiled five pivotal reports at the WAVES Summit 2025 in Mumbai. These reports provide a comprehensive overview of India’s thriving media and entertainment ecosystem, covering key aspects like content production, policy frameworks, and live events.

    • Statistical Handbook on Media & Entertainment 2024-25:The Statistical Handbook, prepared by the Ministry of Information & Broadcasting, offers valuable data-driven insights into India’s media landscape. It highlights growth trends in broadcasting, digital media, film certifications, and public media services, providing essential information for future policymaking and industry strategies based on empirical evidence.
    • ‘From Content to Commerce’ by BCG:  Boston Consulting Group’s Report highlights the explosive growth of India’s creator economy, estimating 2 to 2.5 million active digital creators. These creators influence over $350 billion in annual spending, with projections to surpass $1 trillion by 2030. It emphasizes building long-term, authentic partnerships over transactional engagements with creators.
    • ‘A Studio Called India’ by Ernst & Young: Ernst & Young’s Report envisions India as a global content hub, leveraging its linguistic diversity, rich culture, and technological expertise. It highlights India’s 40%-60% cost advantage in animation and VFX services and growing international demand for Indian OTT content, strengthening India’s role in global cultural diplomacy.
    • Legal Currents and Live Events Industry Reports: Khaitan & Co.’s Legal Handbook covers vital issues such as influencer marketing and compliance norms, helping media stakeholders navigate India’s regulatory landscape. Additionally, the White paper on India’s live events industry outlines the sector’s 15% growth rate, advocating for upgraded infrastructure and streamlined licensing processes to support the booming sector.

    Indian Institute of Creative Technology: A National Centre of Excellence

    Indian Institute of Creative Technology (IICT)— a National Centre of Excellence being set up in Mumbai is poised to be a milestone in capacity building for Creative Economy. Dedicated exclusively to the AVGC-XR sector, the establishment of the Institute was formalized on Day-3 of WAVES 2025. WAVES also witnessed the signing of strategic MoUs with Industry Associations to transform IICT as a world-class institution in the M&E Sector. Union Minister Shri Ashwini Vaishnaw, who ceremonially flagged off these strategic associations, emphasized India’s potential to become a global leader in media and entertainment, stating that IICT is on track to evolve into a premier institution in its field, much like how IITs and IIMs have become benchmarks in technology and management education. Some companies who have extended their hands for long-term collaborations are JioStar, Adobe, Google & YouTube, Meta, Wacom, Microsoft and NVIDIA.

    Create in India Challenge & CreatoSphere: A Global Celebration of Creative Talent

    One of the standout highlights of WAVES 2025 was the grand culmination of the Create in India Challenge (CIC) Season 1, which drew nearly one lakh registrations from over 60 countries. Launched as a flagship initiative under WAVES, CIC brought together creators across age, geography, and disciplines, spanning animation, XR, gaming, AI, filmmaking, digital music, and more. The initiative has transformed every creator who participated to be a star.

    From 32 imaginative and future-forward challenges emerged 750+ finalists, including 1100+ international participants. These talented individuals showcased their work at Creatosphere, a dedicated innovation zone at WAVES, where they presented their projects, could network with industry leaders for potential associations.

    Beyond just a competition, the Create in India Challenge evolved into a movement celebrating diversity, youth energy, and storytelling rooted in both tradition and technology. With finalists ranging from 12 to 66 years of age, and strong participation from all Indian states and UTs, the initiative embodied inclusivity and aspiration. The Creatosphere was also a launchpad for themes like grassroots innovation, drone storytelling, and future-ready content offering a glimpse into the creative India of tomorrow. As Union Minister Ashwini Vaishnaw aptly said during the award ceremony of CIC, “The journey has just begun.” And with initiatives like the Indian Institute of Creative Technology on the horizon, the momentum is only growing stronger.

    8th National Community Radio Sammelan and National Awards for CRs

    Organized as part of the WAVES, the 8th National Community Radio Conference in which Union Minister of State Dr. L. Murugan honored 12 outstanding community radio stations with National Community Radio Awards at the event. Dr L. Murugan congratulated the winners and said that the national conference is aimed to strengthen the community media landscape in India through innovation, inclusiveness, and impact. The conference brought together representatives from more than 400 Community Radio (CR) Stations across the country on one platform to provide an opportunity for dialogue and collaboration. At present, there are 531 CR Stations across the country.

    Bharat Pavilion – India’s Journey from Kala to Code

    The Bharat Pavilion, an immersive viewing zone that took visitors through the continuum of India’s storytelling traditions at WAVES 2025, has received an overwhelming reception and response from the public. The Pavilion, under the theme “From Kala to Code”, offered a compelling narrative of India’s evolution in media and entertainment—from oral and visual traditions to cutting-edge digital innovations.

    The Pavillion presented the soul of India, balancing our rich cultural heritage with the new waves of technical advancements that are already underway. On the inaugural day of WAVES 2025, Prime Minister Shri Narendra Modi visited the Pavilion. Chief Minister of Maharashtra, Shri Devendra Fadnavis, External Affairs Minister Shri S. Jaishankar, Union Minister Shri Ashwini Vaishnaw and many other dignitaries visited the pavilion and appreciated its role in telling the story of Bharat. The pavilion also garnered huge footfall, leaving people in awe and wonder on discovering the many treasures of our nation.

    Celebrating India’s creative journey, the Bharat Pavilion was not just an exhibition of content but a powerful expression of India as a creator. It projected India’s cultural depth, artistic excellence, and emerging dominance in global storytelling.

    WAVES concludes with the promise of bright future for Creative Economy

    WAVES 2025 has set a benchmark as a global platform that seamlessly brought together creativity, commerce, and collaboration. From visionary policy announcements and landmark international agreements to robust business deals and groundbreaking startup investments, the summit underscored India’s growing stature as a global leader in the creative economy. The adoption of the WAVES Declaration by 77 participating nations and the success of the WAVES Bazaar and WAVEX Accelerator collectively signal a future anchored in innovation, inclusivity, and international partnerships. As the curtains fall on this historic first edition, WAVES has not only showcased India’s creative prowess but has also catalysed a sustained global movement — one that will continue to inspire, invest in, and elevate the voices of creators worldwide.

     

    For official updates on realtime, please follow us: 

    On X : 

    https://x.com/WAVESummitIndia

    https://x.com/MIB_India

    https://x.com/PIB_India

    https://x.com/PIBmumbai

    On Instagram: 

    https://www.instagram.com/wavesummitindia

    https://www.instagram.com/mib_india

    https://www.instagram.com/pibindia

     

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: WAVES is a powerful platform for collaborators and content creators: Himesh Reshammiya

    Source: Government of India

    WAVES is a powerful platform for collaborators and content creators: Himesh Reshammiya

    WAVES 2025 Shines a Spotlight on Indian Music – “Taking Indian Music to New Heights”

    Posted On: 04 MAY 2025 5:46PM by PIB Mumbai

    Mumbai, 4 May 2025

     

    The third day of the WAVES 2025 Summit delivered a landmark session titled “Taking Indian Music to New Heights,” featuring a high-powered panel of industry visionaries and changemakers who gathered to discuss the global rise of Indian music and the opportunities ahead.

    This compelling session brought together some of the most respected names from both Indian and international music industries, who shared insights on artist development, music publishing, digital growth, international collaborations, and industry innovation.

    Himesh Reshammiya, the renowned Bollywood music composer and singer, described WAVES 2025 as a powerful platform for collaborators and content creators. He emphasized the importance of preparation for newcomers, advising them to always keep their music portfolio ready and polished. Reflecting on his own journey, he acknowledged that while there were limited opportunities in the past, today’s aspiring artists can leverage independent platforms and social media to showcase their talent. However, he stressed that the most critical factor remains the quality of the music – it must be appealing and melodious to truly connect with audiences and make a mark in the industry.

    Kwee Tiang, Vice President at Universal Music, shared insightful perspectives on the evolving dynamics of the Asian and global music markets. He reaffirmed Universal Music’s commitment to nurturing Indian talent and building global pathways for their success, while underlining the need for a more sustainable and value-driven music consumption culture in India.

    A leader in music technology and copyright protection, Dr. Richard Gooch, Chief Technology Officer, IFPI (International Federation of the Phonographic Industry), emphasized the role of data-driven strategies and global standards in safeguarding and promoting Indian music on international platforms.

    Representing one of the world’s largest music publishing entities, Dinraj Shetty, Executive, Sony Music Publishing shared insights on music rights management and how Indian songwriters and composers can better monetize their work in the streaming age.

    Vikram Mehra, Managing Director of Saregama, emphasized the symbiotic relationship between artists and music labels, stressing that both deserve respect for the industry to grow. He noted that artists must be valued for their creativity, while labels should be acknowledged for their financial investments in music. Mehra also highlighted the need for a robust subscription-based market, smoother government policies, and stricter action against piracy, which has significantly harmed the music industry.

    Jay Mehta, Managing Director of Warner Music India, shared his vision for the future of the Indian music industry, highlighting the contrast between the country’s rapidly growing GDP and the relatively stagnant growth of its music sector. He pointed out that despite the economic expansion, the music industry hasn’t kept pace, primarily due to challenges in monetization and consumer behavior. However, Mehta expressed optimism, stating that Indian consumers are willing to pay but only when the content is truly compelling and high-quality. He emphasized the importance of discovering fresh talent, promoting genre diversity, and building strong connections between Indian and global music scenes to unlock the industry’s full potential.

    A key voice in the policy and regulatory space, Fernandes provided a macroeconomic overview of India’s music industry and advocated for stronger frameworks, rights protection and digital innovation.

    The Session was skillfully moderated by Scott De Mercado, a respected music entrepreneur and global consultant, with insightful questions that drew out the distinctive viewpoints and forward-looking ideas of each speaker. Emphasizing the central role of creators, he remarked that artists are the true heroes of the industry, and the ecosystem must be built to support and empower them.

     

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  • MIL-OSI Asia-Pac: India Set to Lead Global Land Reform Talks during 5th to 8th May, 2025 at World Bank Headquarters in Washington, DC

    Source: Government of India

    India Set to Lead Global Land Reform Talks during 5th to 8th May, 2025 at World Bank Headquarters in Washington, DC

    SVAMITVA and Gram Manchitra to be showcased at the World Bank Land Conference themed ‘Securing Land Tenure and Access for Climate Action’

    Posted On: 04 MAY 2025 12:35PM by PIB Delhi

    A high level Indian delegation is set to present its transformative SVAMITVA Scheme and Gram Manchitra platform at the World Bank Land Conference 2025, taking place from 5th to 8th May at the World Bank Headquarters,  Washington, D.C. in the United States of America. Led by Shri Vivek Bharadwaj, Secretary, Ministry of Panchayati Raj (MoPR), and comprising of Joint Secretary, MoPR Shri Alok Prem Nagar, Additional Surveyor General, Survey of India Shri Shailesh Kumar Sinha, along with senior officials from Maharashtra and Uttar Pradesh, the delegation will present its flagship SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) Scheme at two key sessions during the upcoming international forum on land governance.

    This year’s World Bank Land Conference, themed “Securing Land Tenure and Access for Climate Action: Moving from Awareness to Action”, will bring together global leaders, policymakers, experts and development partners to explore strategies for securing land tenure, modernizing land administration for sustainable development and climate-responsive governance. Under India’s flagship SVAMITVA Scheme that provides legal ownership of rural properties using drones and geospatial technology, property cards to over 24.4 million households across 1.6 lakh villages have been issued, mapping over 100 million property parcels and unlocking an estimated $1.162 trillion (Approx. 100 crores) in land value. India will play a key role at the World Bank Land Conference 2025, wherein SVAMITVA Scheme will be spotlighted as a transformative model of rural empowerment through drone mapping, high-accuracy geospatial data, and platforms like Gram Manchitra for climate-aligned planning. With applications in tax administration, infrastructure, and disaster preparedness, SVAMITVA exemplifies inclusive, tech-driven governance. India’s leadership in digital land reforms and its commitment to South-South collaboration will be central to the global dialogue on scalable and people-centric land solutions. The conference agenda includes high-level plenary sessions, regional workshops, thematic exchanges, and an innovation expo, all focused on accelerating secure land access, modernizing land administration systems, and driving climate-responsive governance. Sessions will highlight best practices, operational strategies, and cutting-edge research to scale up reforms in land tenure, promote the use of geospatial technologies, and build resilience in the face of climate challenges.

    Secretary, Ministry of Panchayati Raj Shri Vivek Bharadwaj, will represent India as a Country Champion in the Plenary Session on “Good Practices and Challenges in Land Tenure and Governance Reform” wherein SVAMITVA Scheme’s impact on rural property rights, women’s empowerment, and dispute resolution, contributing to global discussions on SDG Target 1.4.2 (Proportion of total adult population with secure tenure rights to land, (a) with legally recognized documentation, and (b) who perceive their rights to land as secure, by sex and type of tenure) will be discussed. Shri Alok Prem Nagar, Joint Secretary, Ministry of Panchayati Raj, will lead a Technical Session on “Establishing the Land Foundation for Climate Action and Disaster Risk Management” wherein India’s Gram Manchitra platform, which utilizes SVAMITVA’s high-resolution spatial data to support village-level planning, solar energy site selection, disaster mitigation and rural development will be showcased.

    India’s participation in the 2025 World Bank Land Conference marks a significant milestone in global rural land governance. Earlier, in March 2025, India hosted a six-day International Workshop on Land Governance with delegates from 22 countries, where SVAMITVA drew strong interest for its digital mapping and geospatial approach, with several nations expressing intent to collaborate.

    For more information, click below for speech excerpts of Hon’ble Prime Minister Shri Narendra Modi on SVAMITVA Scheme:

    https://pib.gov.in/PressReleasePage.aspx?PRID=2094008

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  • MIL-OSI Asia-Pac: Bharat Pavilion: From Kala to Code – receives overwhelming response at WAVES 2025

    Source: Government of India

    Posted On: 04 MAY 2025 5:10PM by PIB Mumbai

    Mumbai, 4 May 2025

     

    The Bharat Pavilion, an immersive viewing zone that took visitors through the continuum of India’s storytelling traditions at WAVES 2025, has received an overwhelming reception and response from the public. The Pavilion, under the theme “From Kala to Code”, offered a compelling narrative of India’s evolution in media and entertainment—from oral and visual traditions to cutting-edge digital innovations.

       

    The Bharat Pavillion presented the soul of India, balancing our rich cultural heritage with the new waves of technical advancements that are already underway. On the inaugural day of WAVES 2025, Prime Minister Shri Narendra Modi visited the Pavilion. Chief Minister of Maharashtra, Shri Devendra Fadnavis, External Affairs Minister Shri S. Jaishankar, Union Minister Shri Ashwini Vaishnaw and many other dignitaries visited the pavilion and appreciated its role in telling the story of Bharat. The pavilion also garnered huge footfall, leaving people in awe and wonder on discovering the many treasures of our nation.

      

    Celebrating India’s creative journey, the Bharat Pavilion was not just an exhibition of content but a powerful expression of India as a creator. It projected India’s cultural depth, artistic excellence, and emerging dominance in global storytelling. The Pavilion was structured into four thematic zones, each reflecting a different dimension of India’s creative legacy:

    Shruti – On Oral Traditions: Honouring India’s ancient oral narrative heritage, this zone explored how rhythm and melody preserved collective memory.

    Key highlights:

    • Guru-Shishya Parampara: Tribute to oral knowledge systems.
    • Mystical Whispers: Vedic chants and spiritual traditions.
    • Dhun: Museum of Melodies: Display of classical Indian instruments.
    • Echoes of the Land: Immersive folk soundscapes.
    • Making Waves with Music: From Gauhar Jaan to global maestros.
    • Spotify Stage: Live classical performance by Amaan Ali Bangash, Ayaan Ali Bangash, and younger family members.
    • India on Air: Legacy of All India Radio.
    • Playback Nation: 100 years of iconic playback singing.
    • Cassette to Cloud: Evolution of music formats.
    • Podcast Central: Rise of spoken word audio.
    • Whispers of Wisdom: Growth of audiobooks in India.

    Kriti – Inscriptions and written tradition: This zone highlighted the written word’s role in preserving India’s civilizational memory.

    Key highlights:

    • First Signs: Early cave paintings and communication.
    • Imprints of Indus: Interactive Indus Valley experience.
    • Ramayana Across Civilizations: Epic’s journey through Asia.
    • Edicts of Bharat: Ashoka’s inscriptions.
    • Wisdom Preserved: Manuscripts from ancient libraries.
    • Memoirs of Metal: Copperplate documentation.
    • The Power of Print: Rise of Indian journalism.
    • The Indian Shelf: Interactive digital library of iconic books.
    • Cover Story: Celebrating Indian magazines.
    • The Comics Corner: From classic comics to graphic novels.

    Drishti – Visual Traditions

    Focusing on visual storytelling, this zone spanned from cave art to modern cinema.

    Key highlights:

    • Kala Yatra: LED tunnel showcasing India’s visual art evolution.
    • The Eternal Rhythm: Holographic display of Harappa’s Dancing Girl.
    • The Essence of Emotion: Interactive exploration of Navarasa.
    • Nataraja Display: Visual homage to Shiva as the cosmic dancer.
    • Folk Chronicles: Folk dances, puppetry, and tribal expressions.
    • Frames of the Past: Film evolution screenings.
    • Wall of Fame: Celebrating icons of Indian cinema.
    • Lights Camera Legacy: Tributes to film creators and technicians.
    • TV through the Years: Display from Doordarshan to the streaming era.

    Creator’s Leap

    This zone showcased India’s innovation in future-facing storytelling technologies.

    Key highlights:

    • Displays of Indian advances in AI, XR, gaming, metaverse, and animation.
    • Showcasing emerging Indian intellectual properties.
    • Interactive demos reflecting the future of storytelling.

    The Bharat Pavilion at WAVES 2025 offered a multi-sensory celebration of India’s storytelling traditions and innovations. It reaffirmed India’s identity as a creative powerhouse, rooted in heritage and looking to the future.

       

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  • MIL-OSI Asia-Pac: Union Minister of State Dr. L Murugan Launches Key Knowledge Reports on Media and Entertainment Sector at WAVES 2025; highlights India’s Rise as a Global Creative Powerhouse

    Source: Government of India

    Posted On: 04 MAY 2025 1:50PM by PIB Mumbai

    Mumbai, 4 May 2025

     

    Union Minister of State for Information & Broadcasting and Parliamentary Affairs, Dr. L Murugan released five significant Reports that collectively present a comprehensive overview of India’s dynamic and rapidly evolving media and entertainment ecosystem, at the ongoing WAVE Summit in Mumbai, yesterday.

    Prepared by reputed national and international Agencies, these Reports provide valuable insights into the creator economy, content production, legal frameworks, live events industry, and data-backed policy support.

    Statistical Handbook on Media & Entertainment 2024-25

    The Statistical Handbook prepared by the Ministry of Information & Broadcasting serves as an essential resource for data-driven policy and decision-making. It captures sectoral trends, audience behaviour, revenue growth patterns, and regional and national trajectories. The handbook is designed to inform and guide future policymaking and industry strategies, ensuring that they remain grounded in empirical evidence and practical realities. Highlights of the Handbook include:

    • Publications registered with PRGI: increased from 5,932 in 1957 to 154,523 in 2024–25, with a Compound Annual Growth Rate (CAGR) of 4.99%.
    • Books brought out by Publications Division: 130 books published in 2024–25 on themes such as children’s literature, history, freedom struggle, science, environment, and biographies.
    • Doordarshan Free Dish: Expanded from 33 channels in 2004 to 381 in 2025.
    • DTH Service: Achieved 100% geographical coverage by March 2025.
    • All India Radio (AIR):
      • Now reaches 98% of India’s population (as of March 2025).
      • Number of AIR stations grew from 198 in 2000 to 591 in 2025.
    • Private Satellite TV Channels: Increased from 130 in 2004–05 to 908 in 2024–25.
    • Private FM stations rose from 4 in 2001 to 388 by 2024; the report provides a state-wise breakup as of March 31, 2025.
    • Community Radio Stations (CRS): Expanded from 15 in 2005 to 531 in 2025, with state/district/location-wise details included.
    • Film Certification: The number of Indian feature films certified grew from 741 in 1983 to 3,455 in 2024–25, with a cumulative total of 69,113 films certified by 2024–25.
    • Film Sector Developments: Includes data on awards, international film festivals, and documentaries produced by NFDC.
    • Digital Media and Creator Economy: Covers achievements under WAVES OTT, establishment of the Indian Institute of Creative Technologies (IICT), and the Create in India Challenge (CIC).
    • Landmark Chronology: Features significant milestones in the Information and Broadcasting sector including the establishment of PRGI, Akashvani, Doordarshan, INSAT-based TV services, and private FM radio.
    • Skilling Initiatives: Information on training and capacity-building programmes under the Ministry.
    • Ease of Doing Business: Measures implemented to facilitate simplified and transparent processes for media and content creators.

    ‘From Content to Commerce: Mapping India’s Creator Economy’ – Report by Boston Consulting Group (BCG)

    The Report  highlights the unprecedented scale and impact of India’s creator economy in the digital era. With 2 to 2.5 million active digital creators, India is home to one of the world’s fastest-growing creator ecosystems. These creators already influence more than $350 billion in annual consumer spending—a figure projected to triple and exceed $1 trillion by 2030.

    The report urges stakeholders to look beyond numerical metrics and acknowledge the evolving role of creators as storytellers, culture-shapers, and economic drivers. For businesses, this shift implies moving away from transactional influencer engagements and building long-term partnerships rooted in authenticity, trust, and creative agility.

    ‘A Studio Called India’ by Ernst & Young – Envisions India as a Global Content Hub

    The Report presents India not just as a content-consuming nation but as a studio to the world. It underlines India’s strengths — linguistic diversity, cultural richness, and a technologically adept talent pool — which position the country to create narratives that transcend borders.

    India offers a 40% to 60% cost advantage in animation and VFX services, supported by a large, skilled workforce. The report also notes the increasing international appeal of Indian storytelling, with up to 25% of views on Indian OTT content now originating from overseas audiences. This phenomenon is not merely commercial—it represents a moment of cultural diplomacy, wherein India’s stories are forging emotional and cultural connections across continents.

    ‘Legal Currents: A Regulatory Handbook on India’s Media & Entertainment Sector 2025’ by Khaitan & Co

    Recognizing that creativity must be complemented by regulatory clarity, Khaitan & Co. has prepared a detailed legal and regulatory handbook for the media and entertainment sector. Designed as a practical guide for producers, studios, influencers, and platforms, the handbook covers a range of key legal issues such as:

    • Compliance norms for both domestic and foreign entities
    • Incentive schemes for international productions
    • Legal frameworks around influencer marketing and digital content
    • Definitions and taxation implications in the gaming sector, including GST
    • Protection of celebrity rights
    • Ethical considerations and regulatory treatment of AI-generated content

    This handbook is intended to equip stakeholders with tools for confident, compliant, and responsible engagement in the creative economy.

    Whitepaper on India’s Live Events Industry

    The White Paper on India’s Live Events Industry underscores the sector’s robust growth and shifting consumer dynamics. With a 15% year-on-year growth rate, the industry added ₹13 billion in revenue in 2024 alone.

    The report notes that nearly half a million fans are now travelling between cities to attend events, reinforcing the emergence of event-based tourism in India. There is a rising demand for premium and curated experiences, and Tier-2 cities such as Shillong, Vadodara, and Jamshedpur are emerging as cultural centres.

    To support and scale this momentum, the whitepaper highlights the need for:

    • Upgraded event infrastructure
    • Streamlined and simplified licensing processes
    • Stronger and more transparent music rights frameworks
    • Formal recognition of the live events sector under MSME and creative economy policies.

    The Report calls for a strategic reimagining of India as not just a spectator in the global cultural arena, but a key stage in the international spotlight.

    The launch event was attended by Shri Sanjay Jaju, Secretary, Ministry of Information and Broadcasting; Shri R.K. Jena, Senior Economic Advisor, MIB; Smt. Meenu Batra, Joint Secretary, MIB; and Shri Prithul Kumar, Joint Secretary, MIB and MD, NFDC. Representing the Knowledge Partners, Shri Vipin Gupta, Managing Director & Partner, Boston Consulting Group, Ms. Payal Mehta, Partner, Boston Consulting Group; Shri Ashish Pherwani, Partner, Ernst & Young; Shri Amiya Swarup, Partner, Ernst & Young; Ms.Tanu Banerjee, Partner, Technology and Media, Khaitan & Co; Shri Ishan Johri Partner Khaitan & Co; Shri Vinod Janardhan, Director, EVENTSFAQ Live; Shri Deepak Chaudhury MD, EVENTS FAQ also attended the event in Mumbai

     

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  • MIL-OSI Asia-Pac: Safeguard your credibility, define your boundaries, communicate honestly – WAVES Panel Advises the Influencers in Social Media

    Source: Government of India

    Safeguard your credibility, define your boundaries, communicate honestly – WAVES Panel Advises the Influencers in Social Media

    WAVES 2025 Outlines Best Practices for Social Media Advertising for Influencers

    Posted On: 04 MAY 2025 1:39PM by PIB Mumbai

    Mumbai, 4 May 2025

     

    A dedicated breakout session on Best Practices for Social Media Advertising for Influencers was held on Day 4 of the World Audio Visual and Entertainment Summit (WAVES) 2025 at the Jio World Convention Centre in Mumbai today.

    The panel comprised Ms. Saheli Sinha, Director, ASCII; Ms. Shibani Akhtar, Film Actor and Influencer; Shri Mayank Shekhar, Entertainment Journalist; and Shri Vinay Pillai, Chief Business Officer, Pocket Aces. The session was moderated by Smt. Tanu Banerjee, Partner, Khaitan & Co.

    Deliberations focused on the growing role of influencers in the digital economy, and the ethical, creative, and legal frameworks required to strengthen the credibility of influencer advertising. The panel emphasised that authenticity, transparency, and content responsibility are key pillars for sustainable influencer marketing.

    Ms. Shibani Akhtar highlighted the importance of staying true to one’s voice while creating branded content. She stated that effective influencer marketing requires creators to be involved in the content and branding process and to ensure that campaigns reflect personal belief and purpose. She urged influencers to build their brand organically and maintain authenticity as the foundation of all partnerships.

    Advising creators to adopt platform-specific strategies and avoid a one-size-fits-all approach, Shri Vinay Pillai explained that each digital platform offers a different kind of audience engagement and demands tailored storytelling techniques. He stressed the importance of building a brand consciously, staying credible, and making data-informed content decisions that resonate with target audiences.

    Shri Mayank Shekhar spoke on the evolution of digital influence and the blurring lines between celebrity and creator culture. He pointed out that in the current era, influence is not restricted to film and television but is now platform-led and niche-driven. He cautioned creators to safeguard their credibility and refrain from spreading misinformation or duplicating others’ work. He underscored the importance of integrity and fact-checking in sponsored content.

    Ms. Saheli Sinha stated that influencers must be transparent about their partnerships and disclose whether a post is paid or promotional. She advocated for influencers to develop content that is ethical, informative, and reflective of their audience’s trust. She also shared that ASCII runs educational programmes to guide emerging creators on legal obligations, advertising standards, and content responsibility.

    The panel collectively recommended that content creators should define their boundaries, communicate honestly with their followers, and stay aligned with advertising guidelines and platform regulations. Building a long-term relationship with audiences, they said, relies heavily on trust and clarity in advertising intent.

    The session concluded with a strong endorsement of formalised best practices for influencer advertising and a call for continued industry efforts to promote transparency and professionalism in the digital advertising ecosystem.

     

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  • MIL-OSI Asia-Pac: ECI to soon launch a single-point App for stakeholders; to subsume over existing 40 IT Apps with enhanced UI/UX

    Source: Government of India

    ECI to soon launch a single-point App for stakeholders; to subsume over existing 40 IT Apps with enhanced UI/UX

    New ECINET to facilitate electoral services for citizens; seamless and convenient data handling for electoral officials

    Posted On: 04 MAY 2025 11:30AM by PIB Delhi

    In a major initiative, the Election Commission of India is developing a new user-friendly digital interface for the electors and its other stakeholders such as the election officials, political parties and the civil society. The new one-stop platform, ECINET, will integrate and reorient over 40 of ECI’s existing mobile and web applications.

    ECINET will have an aesthetic User Interface (UI) and a simplified User Experience (UX) by providing a singular platform for all electoral-related activities. This move is also designed to alleviate the burden of the users for downloading and navigating multiple Apps and remembering different logins.

    The platform was envisaged by the Chief Election Commissioner (CEC) of India Shri Gyanesh Kumar during the Conference of Chief Electoral Officers (CEOs) held in March 2025, in the presence of Election Commissioners Dr. Sukhbir Singh Sandhu and Dr. Vivek Joshi.

    ECINET will also enable users to access relevant electoral data on their desktops or smartphones. To ensure that data is as accurate as possible, the data on ECINET will be entered solely by the authorized ECI official. Entry by the concerned official would ensure that the data made available to the stakeholders is as accurate as possible. However, in case of any conflict, the primary data as duly filled in statutory forms will prevail.

    ECINET will subsume existing Apps like the Voter Helpline App, Voter Turnout App, cVIGIL, Suvidha 2.0, ESMS, Saksham and KYC App which together have clocked over 5.5 crore downloads (complete list of Apps enclosed). ECINET is expected to benefit nearly 100 crore electors and the entire electoral machinery comprising over 10.5 lakh Booth Level Officers (BLOs), around 15 Lakh Booth Level Agents (BLAs) appointed by Political Parties, nearly 45 Lakh Polling Officials, 15,597 Assistant Electoral Registration Officers (AEROs), 4,123 EROs and 767 District Election Officers (DEOs) across the country.

    ECINET has already reached an advanced stage of development and rigorous trials are being conducted to ensure smooth functionality, ease of use, and robust cybersecurity measures. It is being developed after an elaborate consultative exercise involving 36 CEOs of all the States/UTs, 767 DEOs and 4,123 EROs of their States/UTs and after reviewing 76 publications comprising 9,000 pages of the electoral framework, instructions and handbooks issued by ECI from time to time.

    The data provided through ECINET will be strictly aligned within the legal framework established by the Representation of People Act 1950, 1951, Registration of Electoral Rules, 1960 Conduct of Election Rules, 1961 and instructions issued by ECI from time to time.

    ******

    PK/GDH/RP

    List of 40 existing ECI Applications

    Sl. No.

    Application

    Type
    1.  

    Affidavit Portal

    Web
    1.  

    India A Web

    Web
    1.  

    Results Website

    Web
    1.  

    Election24 (Archive)

    Web
    1.  

    ECI SVEEP

    Web
    1.  

    ECI Website

    Web
    1.  

    Fembosa

    Web
    1.  

    Voicenet

    Web
    1.  

    Myth Vs Reality

    Web
    1.  

    Election Trends TV

    Web
    1.  

    cVigil Portal

    Web
    1.  

    EMS

    Web
    1.  

    RTI Portal

    Web
    1.  

    ENCORE

    Web
    1.  

    Media Voucher

    Web
    1.  

    Suvidha Portal

    Web
    1.  

    Observer Portal

    Web
    1.  

    Election Planning

    Web
    1.  

    IEMS

    Web
    1.  

    PPRTMS

    Web

    Sl. No.

    Application

    Type
    1.  

    ERONET2.0

    Web
    1.  

    Voters Service Portal

    Web
    1.  

    Service Voters Portal

    Web
    1.  

    ETPBMS

    Web
    1.  

    NGSP

    Web
    1.  

    Electoral Search

    Web
    1.  

    ERONET App

    Mobile
    1.  

    BLO App

    Mobile
    1.  

    cVigil App

    Mobile
    1.  

    Decider App

    Mobile
    1.  

    ENCORE Nodal App

    Mobile App
    1.  

    ESMS App

    Mobile
    1.  

    Investigator App

    Mobile
    1.  

    KYC App

    Mobile
    1.  

    Monitor App

    Mobile
    1.  

    Observer App

    Mobile
    1.  

    Saksham App

    Mobile
    1.  

    Suvidha App

    Mobile
    1.  

    Voter Helpline App

    Mobile
    1.  

    Voter Turnout App

    Mobile

                                                           

    ***

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  • MIL-OSI Asia-Pac: OTT’s Next Leap: AI, Interactivity, and Personalization Shape the Future of Streaming

    Source: Government of India

    OTT’s Next Leap: AI, Interactivity, and Personalization Shape the Future of Streaming

    WAVES 2025 panel discusses how technology is redefining content journeys across India’s digital entertainment space

    Posted On: 03 MAY 2025 10:30PM by PIB Mumbai

    Mumbai, 3 May 2025

     

    In a conversation charged with vision and verve, the panel discussion “OTT Revolution: How AI, Personalization & Interactive Content Are Changing the Streaming Landscape” at WAVES 2025 brought together some of the most influential minds in the streaming industry. Moderated by Rohit Jain, President of Lionsgate Play Asia, the discussion explored how India’s deep storytelling legacy is undergoing a powerful transformation, as artificial intelligence and interactivity reshape how stories are told, delivered, and experienced.

    Opening the session, Rohit Jain paid homage to India’s storytelling heritage and spoke of the fascinating shift underway and how technology is transforming not just what we watch but how we connect through stories.

    Gaurav Gandhi, Vice-President for Asia-Pacific & MENA spoke of personalization as a layered process. “We begin by understanding what viewers want—their moods, their taste patterns. And in a multilingual country like ours, it’s also about enabling linguistic exploration,” he said.

    Monika Shergill described today’s content landscape as a first in human history—a convergence of creativity and machine learning. “You may come for crime thrillers, but you also see what’s trending. The goal is to serve the viewer while building a shared cultural pulse,” she said.

    For Bharath Ram, viewer behavior leaves a trail. “Most people, like Sherlock Holmes’ suspects, leave clues when they visit a platform. We follow those clues to recommend content -regional, niche, popular, everything that keeps them engaged,” he noted.

    The discussion then turned to storytelling itself. Gaurav Banerjee, MD & CEO, Sony Pictures Networks India, invoked the enduring strength of a good story. “When something resonates with the moment, audiences will find it. The belief in blockbusters is about identifying stories and storytellers that meet the cultural moment head-on,” he noted, referencing homegrown cinematic successes that defied larger industry downturns.

    Reflecting on the dramatic evolution from linear formats to creator-led ecosystems, Neeraj Roy highlighted the aggregation brought by digital platforms. “From music videos to massive creator universes, platforms like YouTube transformed everything. Now, with generative technologies, we stand at the edge of something even bigger,” he said.

    The conversation then turned to interactivity. Gaurav Gandhi explained that Prime Video uses interactive features that enhance, rather than disrupt, the story. “You give just enough, never too much, to feed the fan journey,” he shared.

    Monika Shergill elaborated on how Netflix has embraced interactivity, especially through its foray into gaming. “Immersion is the new engagement. And personalization helps every great story travel further,” she said.

    Rohit Jain also raised the question of how great stories are discovered. Gaurav Banerjee responded that storytellers often find their voice organically. “The world is shifting. Take Bhuvan Bam, he found his moment, his voice. We just need to recognize those moments and play to them,” he said.

    Monika Shergill closed by pointing to the untapped potential of India’s creative landscape. “We haven’t explored India enough. The human capital here is extraordinary.  Purpose-driven AI, paired with rich storytelling, can create value that lasts,” she said.

    The panel closed on a note of optimism, about technology, but more importantly about imagination, immersion, and India’s boundless creative spirit.

     

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