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Category: India

  • PM Modi chairs 47th meeting of PMML Society, unveils vision for ‘Museum Map of India’

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday chaired the 47th Annual General Meeting of the Prime Ministers Museum and Library (PMML) Society at Teen Murti Bhawan, New Delhi. Emphasizing the vital role of museums in connecting people with history, the Prime Minister outlined a comprehensive vision for the future of India’s museum landscape.

    The Prime Minister proposed the creation of a “Museum Map of India,” a visionary initiative aimed at offering a unified cultural and informational platform showcasing museums across the country. He stressed the global significance of museums and their power to immerse people in historical experiences, calling for continuous efforts to enhance public interest and the societal standing of these institutions.

    Highlighting the importance of technology, the Prime Minister suggested developing a national database of all museums in India. This database would include key performance indicators such as visitor footfall and quality benchmarks. He also advocated for regular workshops focused on capacity building and knowledge sharing among museum professionals.

    To infuse new energy and fresh perspectives into the museum ecosystem, PM Modi proposed the formation of committees in each state, comprising five members under the age of 35. These youth-led groups would contribute innovative ideas to strengthen India’s museum network.

    Reflecting on the establishment of the museum dedicated to all Prime Ministers of India, the Prime Minister noted that it has helped preserve the legacies of past leaders, including India’s first Prime Minister, Jawaharlal Nehru—something he emphasized had not been fully achieved before 2014.

    In light of the upcoming 50th anniversary of the Emergency, PM Modi suggested the compilation and preservation of all legal documents and battles from that era, ensuring that future generations and scholars have access to this crucial chapter of India’s democratic journey.

    The Prime Minister also highlighted the importance of systematically preserving current events and documentation to benefit future researchers. He recommended leveraging the influence of prominent public figures and inviting diplomatic representatives to Indian museums to boost global awareness of India’s rich cultural heritage.

    During the meeting, other members of the PMML Society also shared their inputs and recommendations for further strengthening the institution and expanding its reach.

    PM Modi also planted a Kapur tree (Cinnamomum camphora) in the gardens of Teen Murti House, symbolizing growth, heritage, and sustainability.

    June 24, 2025
  • PM Modi chairs 47th meeting of PMML Society, unveils vision for ‘Museum Map of India’

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Monday chaired the 47th Annual General Meeting of the Prime Ministers Museum and Library (PMML) Society at Teen Murti Bhawan, New Delhi. Emphasizing the vital role of museums in connecting people with history, the Prime Minister outlined a comprehensive vision for the future of India’s museum landscape.

    The Prime Minister proposed the creation of a “Museum Map of India,” a visionary initiative aimed at offering a unified cultural and informational platform showcasing museums across the country. He stressed the global significance of museums and their power to immerse people in historical experiences, calling for continuous efforts to enhance public interest and the societal standing of these institutions.

    Highlighting the importance of technology, the Prime Minister suggested developing a national database of all museums in India. This database would include key performance indicators such as visitor footfall and quality benchmarks. He also advocated for regular workshops focused on capacity building and knowledge sharing among museum professionals.

    To infuse new energy and fresh perspectives into the museum ecosystem, PM Modi proposed the formation of committees in each state, comprising five members under the age of 35. These youth-led groups would contribute innovative ideas to strengthen India’s museum network.

    Reflecting on the establishment of the museum dedicated to all Prime Ministers of India, the Prime Minister noted that it has helped preserve the legacies of past leaders, including India’s first Prime Minister, Jawaharlal Nehru—something he emphasized had not been fully achieved before 2014.

    In light of the upcoming 50th anniversary of the Emergency, PM Modi suggested the compilation and preservation of all legal documents and battles from that era, ensuring that future generations and scholars have access to this crucial chapter of India’s democratic journey.

    The Prime Minister also highlighted the importance of systematically preserving current events and documentation to benefit future researchers. He recommended leveraging the influence of prominent public figures and inviting diplomatic representatives to Indian museums to boost global awareness of India’s rich cultural heritage.

    During the meeting, other members of the PMML Society also shared their inputs and recommendations for further strengthening the institution and expanding its reach.

    PM Modi also planted a Kapur tree (Cinnamomum camphora) in the gardens of Teen Murti House, symbolizing growth, heritage, and sustainability.

    June 24, 2025
  • Global shares rally, oil slumps as Trump announces Iran-Israel ceasefire

    Source: Government of India

    Source: Government of India (4)

    Global shares rallied and the dollar extended declines on Tuesday after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.

    Writing on his Truth Social site, Trump implied a ceasefire would go into effect in 12 hours, after which the war would be considered “ended”.

    There was no immediate comment yet from Israel. While an Iranian official earlier confirmed that Tehran had agreed to a ceasefire, the country’s foreign minister said there would be no cessation of hostilities unless Israel stopped its attacks.

    Oil prices fell over 3%, having already slid 9% on Monday when Iran made a token retaliation against a U.S. base, which came to nothing and signalled it was done for now.

    With the immediate threat to the vital Strait of Hormuz shipping lane seemingly over, U.S. crude futures fell another 3.4% to $66.15 per barrel, the lowest since June 11.

    “With markets now viewing the escalation risk as over, market attention is likely to shift towards the looming tariff deadline in two weeks time,” said Prashant Newnaha, senior Asia-Pacific rates strategist at TD Securities.

    “Our sense is that the quicker than expected resolution to the Middle East conflict leads to expectations for a swifter resolution on tariffs and trade deals.”

    Risk assets rallied, with S&P 500 futures up 0.6% and Nasdaq futures 0.9% higher futures jumped 1.3% and futures rose 0.4%.

    The MSCI’s broadest index of Asia-Pacific shares outside Japan jumped 1.8% while Japan’s Nikkei rallied 1.4%.

    Two sources told Reuters that Japan’s tariff negotiator Ryosei Akazawa is arranging his seventh visit to the United States for as early as June 26, aiming to end tariffs that are hurting Japan’s economy.

    China’s blue chips rose 1%, while Hong Kong’s Hang Seng index gained 1.7%.

    News of the ceasefire saw the dollar extend an overnight retreat and slip 0.3% to 145.70 yen, having come off a six-week high of 148 yen overnight. The euro rose 0.2% to $1.1594 on Tuesday, having gained 0.5% overnight.

    The yen and euro benefited from the slide in oil prices as both the EU and Japan rely heavily on imports of oil and liquefied natural gas, while the United States is a net exporter.

    “The market was so well hedged against a major tail-risk event to play out…the actions and the dialogue we’ve seen highlight that the tail risks have not and will highly unlikely materialise,” said Chris Weston, head of Research at Pepperstone.

    Ten-year Treasury yields were 2 basis points higher at 4.35%, having declined 5 bps overnight after Federal Reserve Vice Chair for Supervision Michelle Bowman said the time to cut interest rates was getting nearer as risks to the job market may be on the rise.

    Fed Chair Jerome Powell will have his own chance to comment when appearing before Congress later on Tuesday and, so far, has been more cautious about a near-term easing.

    Markets still only imply around a 22% chance the Fed will cut at its next meeting on July 30.

    The risk-on mood saw gold prices ease 0.6% to $3,346 an ounce.

    (Reuters)

    June 24, 2025
  • Trump announces ceasefire in 12-day Iran-Israel war

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump announced on Monday a complete ceasefire between Israel and Iran, potentially ending the 12-day war that saw millions flee Tehran and prompted fears of further escalation in the war-torn region.

    But there was no confirmation from Israel and the Israeli military said it had detected missiles launched from Iran towards Israel in the early hours of Tuesday.

    “Defensive systems are operating to intercept the threat,” the Israel Defense Forces said in a statement.

    Israel, joined by the United States on the weekend, has carried out attacks on Iran’s nuclear facilities, after alleging Tehran was getting close to obtaining a nuclear weapon.

    “On the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, ‘THE 12 DAY WAR’,” Trump wrote on his Truth Social site.

    While an Iranian official earlier confirmed that Tehran had agreed to a ceasefire, the country’s foreign minister said there would be no cessation of hostilities unless Israel stopped its attacks.

    Abbas Araqchi said early on Tuesday that if Israel stopped its “illegal aggression” against the Iranian people no later than 4 a.m. Tehran time (0030 GMT) on Tuesday, Iran had no intention of continuing its response afterwards.

    There have been no reported Israeli attacks on Iran since that time.

    “The final decision on the cessation of our military operations will be made later,” Araqchi added in a post on X.

    A senior White House official said Trump had brokered the deal in a call with Israeli Prime Minister Benjamin Netanyahu and Israel had agreed so long as Iran did not launch further attacks.

    Trump appeared to suggest that Israel and Iran would have some time to complete any missions that are underway, at which point the ceasefire would begin in a staged process.

    Iran denies ever having a nuclear weapons program but Supreme Leader Ali Khamenei has said that if it wanted to, world leaders “wouldn’t be able to stop us”.

    Israel, which is not a party to the international Non-Proliferation Treaty, is the only country in the Middle East believed to have nuclear weapons. Israel does not deny or confirm that.

    Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani secured Tehran’s agreement during a call with Iranian officials, an official briefed on the negotiations told Reuters on Tuesday.

    U.S. Vice President JD Vance, Secretary of State Marco Rubio and U.S. special envoy Steve Witkoff were in direct and indirect contact with the Iranians, the White House official said.

    Neither Iran’s U.N. mission nor the Israeli embassy in Washington responded to separate requests for comment from Reuters.

    Hours earlier, three Israeli officials had signaled Israel was looking to wrap up its campaign in Iran soon and had passed the message on to the United States.

    Netanyahu had told government ministers whose discussions ended early on Tuesday not to speak publicly, Israel’s Channel 12 television reported.

    Markets reacted favorably to the news.

    S&P 500 futures rose 0.4% late on Monday, suggesting traders expect the U.S. stock market to open with gains on Tuesday.

    U.S. crude futures fell in early Asian trading hours on Tuesday to their lowest level in more than a week after Trump said a ceasefire had been agreed, relieving worries of supply disruption in the region.

    END TO THE FIGHTING?

    There did not appear to be calm yet in the region.

    The Israeli military issued two evacuation warnings in less than two hours to residents of areas in the Iranian capital Tehran, one late on Monday and one early on Tuesday.

    Israeli Army radio reported early on Tuesday that alarms were activated in the southern Golan Heights area due to fears of hostile aircraft intrusion.

    Earlier on Monday, Trump said he would encourage Israel to proceed towards peace after dismissing Iran’s attack on an American air base that caused no injuries and thanking Tehran for the early notice of the strikes.

    He said Iran fired 14 missiles at the U.S. air base, calling it “a very weak response, which we expected, and have very effectively countered.”

    Iran’s handling of the attack recalled earlier clashes with the United States and Israel, with Tehran seeking a balance between saving face with a military response but without provoking a cycle of escalation it can’t afford.

    Tehran appears to have achieved that goal.

    Iran’s attack came after U.S. bombers dropped 30,000-pound bunker-buster bombs on Iranian underground nuclear facilities at the weekend, joining Israel’s air war.

    Much of Tehran’s population of 10 million has fled after days of bombing.

    The Trump administration maintains that its aim was solely to destroy Iran’s nuclear program, not to open a wider war.

    “Iran was very close to having a nuclear weapon,” Vice President JD Vance said in an interview on Fox News’ “Special Report with Bret Baier.”

    “Now Iran is incapable of building a nuclear weapon with the equipment they have because we destroyed it,” Vance said.

    Trump has cited intelligence reports that Iran was close to building a nuclear weapon, without elaborating. However, U.S. intelligence agencies said earlier this year they assessed that Iran was not building a nuclear weapon and a source with access to U.S. intelligence reports told Reuters last week that that assessment hadn’t changed.

    But in a social media post on Sunday, Trump spoke of toppling the hardline clerical rulers who have been Washington’s principal foes in the Middle East since Iran’s 1979 Islamic Revolution.

    Israel, however, had made clear that its strikes on Evin prison – a notorious jail for housing political prisoners – and other targets in Tehran were intended to hit the Iranian ruling apparatus broadly, and its ability to sustain power.

    (Reuters)

    June 24, 2025
  • MIL-OSI Banking: Money Market Operations as on June 23, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 6,18,964.90 5.19 1.50-6.55
         I. Call Money 16,996.13 5.27 4.75-5.35
         II. Triparty Repo 4,18,203.05 5.23 5.01-5.27
         III. Market Repo 1,81,187.07 5.09 1.50-5.40
         IV. Repo in Corporate Bond 2,578.65 5.48 5.40-6.55
    B. Term Segment      
         I. Notice Money** 95.00 5.17 5.00-5.25
         II. Term Money@@ 960.00 – 5.60-5.80
         III. Triparty Repo 1,250.00 5.30 5.27-5.32
         IV. Market Repo 0.00 – –
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Mon, 23/06/2025 1 Tue, 24/06/2025 906.00 5.75
    4. SDFΔ# Mon, 23/06/2025 1 Tue, 24/06/2025 2,51,686.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,50,780.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,032.31  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     7,032.31  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -2,43,747.69  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on June 23, 2025 9,41,341.97  
         (ii) Average daily cash reserve requirement for the fortnight ending June 27, 2025 9,54,173.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ June 23, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on May 30, 2025 5,84,684.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/581

    MIL OSI Global Banks –

    June 24, 2025
  • MIL-OSI China: China’s top diplomat meets Indian National Security Advisor

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

    Wang Yi, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Foreign Affairs, meets with Shri Ajit Doval, India’s national security adviser and special representative for the India-China boundary question, in Beijing, capital of China, June 23, 2025. [Photo/Xinhua]

    China’s top diplomat Wang Yi met with Ajit Doval, India’s National Security Advisor and India’s Special Representative on the China-India boundary question, in Beijing on Monday.

    Wang, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Foreign Affairs, said that important consensus on improving bilateral relations was reached by the leaders of the two countries during a meeting in Kazan, Russia last year.

    Wang said that China and India should adhere to the important consensus that they are opportunities for each other’s development and pose no threat to each other, and that they are partners, rather than rivals.

    Wang said that China and India should adhere to the direction of good-neighborliness and friendship, strive for a mutually beneficial and win-win prospect, demonstrate the historical wisdom of the two ancient civilizations, properly handle sensitive issues, and maintain peace and tranquility in the border areas.

    Doval said that the important consensus reached by the two leaders charted the course for bilateral relations, adding that the strategic goals of India and China are aligned, with development being both nations’ top priority.

    India is willing to strengthen coordination with China in multilateral spheres, fully supports China, which is the rotating chair of the Shanghai Cooperation Organization (SCO), in successfully hosting its summit, and believes that the two major Asian countries can make greater contributions to the international community, Doval added.

    MIL OSI China News –

    June 24, 2025
  • MIL-OSI USA: Cotton, Warner, Colleagues Introduce Intelligence Community Workforce Agility Protection Act

    US Senate News:

    Source: United States Senator for Arkansas Tom Cotton
    FOR IMMEDIATE RELEASEContact: Caroline Tabler or Patrick McCann (202) 224-2353June 23, 2025
    Cotton, Warner, Colleagues Introduce Intelligence Community Workforce Agility Protection Act 
    Washington, D.C. — Senator Tom Cotton (R-Arkansas), Chairman of the Senate Select Committee on Intelligence, and Senator Mark R. Warner (D-Virginia), Vice Chairman of the Senate Select Committee on Intelligence, today introduced the Intelligence Community Workforce Agility Protection Act, legislation that would provide equitable tax treatment for civilians workers in the intelligence community who are subject to permanent change of station orders, similar to those in the military.
    Senators Michael Bennet (D-Colorado), Ted Budd (R-North Carolina), Susan Collins (R-Maine), Kirsten Gillibrand (D-New York), Mark Kelly (D-Arizona), James Lankford (R-Oklahoma), Jerry Moran (R-Kansas), Mike Rounds (R-South Dakota), and Todd Young (R-Indiana) are cosponsoring the legislation.
    “Just as in the military, permanent change of station orders can be a time of upheaval for the men, women, and families of the intelligence community. This bill will reinstate some of the eased burdens on moving costs and help keep our intelligence community workers focused on the mission at hand of keeping our country safe,” said Senator Cotton.
    “Like the men and women of our armed forces, our intelligence community professionals go to extraordinary lengths to serve and protect their country,” Senator Warner said. “They often uproot their lives to go serve where they are needed – no matter where that may be. This commonsense legislation will ensure that these brave Americans are not forced to pay out of pocket for the costs of their relocations.”
    Text of the Intelligence Community Workforce Agility Protection Act may be found here.
    The Intelligence Community Workforce Agility Protection Act would:
    Provide equitable tax treatment for IC civilians who are subject to permanent change of station orders, similar to those in the military. 
    Preserve for IC employees and appointees certain moving expense deductions and moving expense reimbursements.

    MIL OSI USA News –

    June 24, 2025
  • MIL-OSI Economics: [Invitation] Galaxy Unpacked July 2025: The Ultra Experience Is Ready To Unfold

    Source: Samsung

    For years, Samsung Electronics has designed its devices around what people truly need, such as better performance, sharper cameras and smarter ways to stay connected. And, with Galaxy AI, it goes beyond what devices can do — it’s about how people interact with them.
     
    As AI rapidly becomes the new user interface, it’s redefining our relationship with technology. No longer just a collection of apps and tools, the smartphone is evolving into a smart companion that understands user intent and responds in real time. This transformation moves us from reaction to anticipation — where, as AI becomes the UI, intent becomes instant.
     
    The next-generation Galaxy devices are being reimagined around a new AI-powered interface, supported by breakthrough hardware built to unlock their full potential. This future is already unfolding, and the best of Galaxy AI and Samsung craftsmanship is about to be unveiled.
     
    On July 9, Samsung Electronics will host Unpacked in Brooklyn, New York — a borough with an extraordinary spirit and a distinctive history. Brooklyn is where visionary thinking and bold ideas shape the future, so it’s only fitting that Samsung unveils the latest and greatest additions to the Galaxy portfolio in a place known for its culture, creativity and collaboration. The event will be streamed live on Samsung.com, Samsung Newsroom India, and Samsung India’s YouTube channel beginning at 07:30 pm IST.
     
    Stay tuned and make sure to visit news.samsung.com/in for all upcoming teasers, trailers and updates ahead of Unpacked 2025.
     
    

    MIL OSI Economics –

    June 24, 2025
  • MIL-OSI: Apollo Provides $750 Million High Grade Capital Solution to Mumbai International Airport Ltd. in Second Transaction

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK and MUMBAI, India, June 23, 2025 (GLOBE NEWSWIRE) —

    Apollo (NYSE: APO) today announced that Apollo-managed funds, affiliates and other long-term investors have completed a $750 million investment grade rated financing for the Mumbai International Airport Ltd. (MIAL), an Adani Portfolio company and subsidiary of Adani Airports Holdings Limited (AAHL), India’s largest private airport operator, that operates Chhatrapati Shivaji Maharaj International Airport (CSMIA), the second largest airport in India.

    The 4-year senior secured notes will primarily refinance existing debt, enhancing MIAL’s financial flexibility to support operations, modernization and sustainability initiatives. The structure also allows for up to $250 million in additional funding to accelerate capital expenditure and capacity expansion. The transaction represents one of the largest private investment grade rated deals in India’s infrastructure sector.

    “Working with the Adani Group, we are pleased to deliver a scaled, bespoke capital solution for MIAL, supporting a critical infrastructure asset and the next phase of its ambitious growth capex plans,” said Apollo Partner Jamshid Ehsani. “This marks Apollo’s second large financing for MIAL, having previously provided operational flexibility to deleverage and now delivering an investment grade rated solution.”

    Mr. Arun Bansal, CEO of AAHL, added, “This financing provides us with greater operational flexibility and positions us to further enhance the airport experience for millions of travelers. With Apollo’s continued support and the Adani Group’s proven execution capabilities, we are well-positioned to realize our vision of transforming MIAL into a world-class asset with a focus on efficiency, comfort and sustainability.”

    Matt Michelini, Partner and Head of Asia-Pacific at Apollo, commented, “As one of the fastest growing global economies, India is an attractive market for hybrid and credit financing, particularly opportunities underpinning critical, next-generation infrastructure. It is a key market for Apollo in Asia, and one where we believe we can serve as a long-term capital partner to leading companies and families.”

    CSMIA, a cornerstone of India’s aviation infrastructure, is part of Adani Airport Holdings Limited’s (AAHL) network of eight airports. AAHL is responsible for developing airport infrastructure assets across India and is a core growth vertical of the Adani group.

    MIAL remains committed to sustainability, aligning with the UN Sustainable Development Goals through initiatives such as transitioning to electric vehicles, enhancing energy-efficient operations, strengthening water conservation measures and accelerating efforts to achieve net zero emissions by 2029, reflecting its leadership in sustainable airport operations.

    Allen & Overy LLP and Cyril Amarchand Mangaldass served as legal counsel to MIAL. Milbank LLP and Khaitan & Co served as legal counsel to Apollo.

    About Apollo
    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

    About MIAL
    Mumbai International Airport Ltd. (MIAL) is managed by Adani Airport Holdings Limited, a subsidiary of Adani Enterprises. MIAL operates under a Public-Private Partnership model, with AAHL holding a 74% stake and the Airports Authority of India holding 26%. MIAL is at the forefront of redefining airport infrastructure in India, with a vision to create a vibrant, integrated aerotropolis in Mumbai.

    Apollo Contacts

    Noah Gunn
    Global Head of Investor Relations
    Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications
    Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    The MIL Network –

    June 24, 2025
  • MIL-OSI United Kingdom: UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards

    Source: United Kingdom – Government Statements

    Press release

    UK Government honours exceptional exporters with Made in the UK, Sold to the World Awards

    Twelve exceptional UK-based SMEs have been named today as winners of the Department for Business and Trade’s 2025 Made in the UK, Sold to the World Awards.

    • Twelve SMEs announced as winners of the 2025 Made in the UK, Sold to the World Awards 
    • Now in their third year, the awards celebrate outstanding small businesses achieving exporting success 
    • Winning entries highlight the UK’s strength in sustainability and AI innovation 

    From ethical metal recycling to AI-driven edtech and digital identity, twelve exceptional UK-based SMEs have been named today as winners of the Department for Business and Trade’s (DBT) 2025 Made in the UK, Sold to the World Awards. 

    Now in their third year, the awards celebrate the international growth of the UK’s most dynamic small businesses. While the awards naturally reflect the sectoral diversity of British innovation, this year’s winners signal a global appetite for UK leadership in two high-growth areas: sustainability and artificial intelligence. From Osbit’s offshore wind infrastructure to Twin Science’s gamified climate action kits and ubloquity’s AI-enhanced trade platform, British SMEs are exporting solutions to tackle some of the world’s most urgent challenges. 

    Gareth Thomas, Minister for Services, Small Businesses and Exports, said: 

    The innovation and entrepreneurship shown by the businesses entering the Made in the UK, Sold to the World Awards demonstrate the best of British business. 

    When small businesses export, the whole economy benefits. By celebrating the outstanding international trade achievements of UK SMEs, we hope to encourage more businesses to get on the exporting ladder and take the best of Britain to markets around the world.   

    This year’s winners were chosen from hundreds of entries across 12 sector-focused categories, including two new areas—Digital & Technology and Export Services—introduced to reflect evolving global opportunities. Each category includes one winner and up to three highly commended businesses. 

    In the Digital & Technology category, Porotech stood out for its AR and AI-powered wearables, with 90% of revenue from exports and partnerships with Amazon, Microsoft and Foxconn. Twin Science & Robotics, winner in Education & EdTech, exports to over 40 countries and has seen 70% annual revenue growth through its STEM kits focused on AI, robotics and climate literacy. 

    Sustainability also remains a major theme across the winners. Osbit, winner in Low Carbon Energy, delivers mission-critical offshore wind technology, with 65% of revenue from exports. Meanwhile, Avon Specialty Metals, recognised in Advanced Manufacturing & Construction, recycles high-performance metals and alloys and has grown international sales by 192% over three years. 

    Winners like Gerald McDonald & Company (Agriculture, Food & Drink) and LIMB-art (Healthcare) underscore the global demand for British-made, high-quality products. From innovative prosthetics to premium fruit derivatives, these SMEs prove that exporting drives resilience, expansion and innovation. 

    This year’s winners will receive a bespoke promotional package, including a one-year membership to the Chartered Institute of Export & International Trade, a working capital masterclass with Lloyds Bank, an invitation to the winners’ reception in London, professional photography of their business, bespoke promotion on DBT channels and a digital badge, certificate and trophy to commemorate their achievements. 

    By creating jobs, driving innovation and exporting world-class British products and services, these businesses are making a vital contribution to the Government’s mission to go further and faster for economic growth as part of its Plan for Change.  

    A key part of this mission is supporting SMEs to grow, scale and enter global markets—recognising that when more businesses trade internationally, the entire UK economy benefits. Exporting supports a fifth of UK employment1, paying on average 7% higher wages2 and delivering 21% higher productivity for goods exporters3. 

    To help achieve its mission, the Government recently revamped the Board of Trade to boost SME exports and will soon launch its Trade Strategy. This will set out its approach to maximising export opportunities, including those arising from recently signed agreements with India, the US and the EU. 

    For free help selling to the world, visit business.gov.uk 

    2025 Winners of the Made in the UK, Sold to the World Awards: 

    • Advanced Manufacturing & Construction – Avon Specialty Metals (Gloucester): Selling to 20+ countries with exporting accounting for 31% of revenue from sustainable alloy/metal recycling and AI-driven processing 

    • Agriculture, Food & Drink – Gerald McDonald and Company Ltd (Basildon, Essex): World’s largest supplier of premium Japanese yuzu juice, exporting to 4 continents 

    • Consultancy & Professional Services – Champions Speakers (Loughborough): Exporting to 66 countries, 122% growth in two years 

    • Creative Industries – Luminous Show Technology (Exeter): Special effects hardware used in Harry Potter and the Commonwealth Games, with 35% export revenue 

    • Digital & Technology – Porotech (Cambridge): 90% export revenue; cutting-edge AR and AI display tech 

    • Education & EdTech – Twin Science & Robotics Ltd (London): STEM tools used in 40+ countries, 93% export revenue 

    • Financial Services & FinTech – Ozone Financial Technology Ltd (London): Exports to 15 countries; 77% of revenue from international markets 

    • Healthcare – LIMB-art (Conwy, Wales): Stylish prosthetics sold in 10 countries; 30% of revenue from exports 

    • Infrastructure & Engineering – Maritime Developments Limited (Aberdeen): 92% export revenue from offshore energy tech 

    • Low Carbon Energy – Osbit (Riding Mill, Northumberland): Bespoke offshore wind equipment exported to 9 countries 

    • Retail & Consumer Goods – Jenolite UK Ltd (Biggleswade, Bedfordshire): Iconic rust removal brand exporting to 50+ countries, with £2.9M in export revenue 

    • Export Services – ubloquity (Scarva, Northern Ireland): AI, blockchain and digital identity solutions empowering businesses to scale globally  

    2025 Highly Commended Businesses: 

    • Advanced Manufacturing & Construction – Bespoke Stairlifts (Huddersfield), Delta-Xero Distribution Ltd (Fareham), John King Chains (Leeds) 

    • Agriculture, Food & Drink – Evenproducts Ltd (Evesham), PBS International (Crawley), Nourished (Birmingham) 

    • Consultancy & Professional Services – Jean Edwards Consulting (Brighton), Landell Mills (Wiltshire), The Config Team (Cumbria) 

    • Creative Industries – Jesmonite (Shropshire), Rainbow Productions (London), Wild Creations (Cardiff) 

    • Digital & Technology – Hitomi Broadcast (Maidenhead), iLivestock (Dunfermline), uqudo (Manchester) 

    • Education & EdTech – Alphablocks (London), Learning Resource Network (London), Lincoln College (Lincoln) 

    • Financial Services & FinTech – Bueno Europe (Birmingham), Hoptroff (London) 

    • Healthcare – Black Space Technology (Birmingham), Birmingham Biotech (Birmingham), Novocuris (London) 

    • Infrastructure & Engineering – Rosehill Polymers (West Yorkshire), Direct Access (Nantwich), Atmos International (Manchester) 

    • Low Carbon Energy – Munro Vehicles (Glasgow) 

    • Retail & Consumer Goods – RSscan Lab (Ipswich), Dr.PAWPAW (London), The British Hamper Company (Lincoln) 

    • Export Services – Intralink (Oxford), Abex Infoway Europe Ltd (London)

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    Updates to this page

    Published 24 June 2025

    MIL OSI United Kingdom –

    June 24, 2025
  • MIL-OSI: Matador Technologies Receives Conditional Approval for Change of Business

    Source: GlobeNewswire (MIL-OSI)

    Key Highlights

    • TSX Venture Exchange grants conditional approval for Matador’s Change of Business (“COB”) to a hybrid “Technology / Investment” issuer, subject to the Company satisfying the TSXV’s requirements and conditions.
    • Enables Matador to operate as a pure Bitcoin Ecosystem Company with a focus on holding, acquiring, and investing in Bitcoin and digital asset ventures, assuming that the Company obtains TSXV final approval of the COB.
    • Unlocks ability to scale Bitcoin treasury strategy, deploy capital into the Bitcoin ecosystem, and expand globally, assuming that the Company obtains TSXV final approval of the COB and obtains TSXV approval to expand globally.
    • Positions Matador to proceed with its proposed investment in HODL Systems, one of India’s first digital asset treasury companies, assuming that the Company obtains TSXV conditional approval with respect to this investment.

    TORONTO, June 23, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3), is pleased to announce that it has received conditional approval from the TSX Venture Exchange (the “TSXV”) to complete its previously announced Change of Business (“COB”) to a hybrid “Technology / Investment” issuer, as defined under TSXV policies, subject to the Company satisfying TSXV requirements and conditions. The Company expects to close the COB on or about July 4, 2025.

    Assuming that the Company satisfies TSXV requirements and conditions respecting the COB, Matador will be able to expand its business model to include activities consistent with its investment policy and TSXV regulations, including the acquisition and management of Bitcoin and investments in Bitcoin-related technologies and infrastructure. The new structure provides the Company with greater operational flexibility within the digital asset sector. “This marks an important milestone on our journey,” said Deven Soni, Chief Executive Officer of Matador Technologies. “With conditional approval in place, we are one step closer to advancing our Bitcoin treasury strategy and supporting Bitcoin-native innovation globally—subject to final TSXV approval.”

    What the Change of Business Enables

    Assuming that the Company obtains TSXV final approval of the COB, Matador will be able to:

    • Advance its Bitcoin accumulation strategy, applying a structured approach as a public issuer;
    • Make equity investments in Bitcoin-focused businesses and technologies including custody, mining, tokenization, and related infrastructure;
    • Continue developing its Digital Gold platform, beginning with its “Grammies” product line, which links physical gold to inscriptions on the Bitcoin blockchain;
    • Deploy capital in selected international markets such as India, where digital asset usage and gold demand are well-established;
    • Operate with expanded flexibility across the Bitcoin ecosystem.

    The Change of Business is subject to the receipt of shareholder approval and final TSXV approval and the filing of customary documentation. A filing statement in respect of the Change of Business has been filed on SEDAR+ at www.sedarplus.ca under the Company’s profile.

    Unlocking the India Opportunity

    Assuming that the Company obtains TSXV final approval of the COB and conditional approval of the HODL Systems (“HODL”) investment transaction, Matador will be able to increase its exposure to the global digital asset ecosystem. Under the terms of the LOI, Matador will commit to a share warrant structure that could provide the Company with up to a 24% ownership stake in HODL Systems, assuming full exercise of the warrants.

    This investment will anchor Matador’s entry into India—one of the world’s fastest-growing markets for technology, gold, and digital assets. With a median population age under 30, mobile-first adoption patterns, and the world’s largest private gold market, India is an ideal jurisdiction for Matador to scale both its Digital Gold product and its digital asset native treasury strategy. HODL Systems mirrors Matador’s thesis by implementing a digital asset balance sheet strategy and offering a gateway to license Matador’s infrastructure across the Indian subcontinent.

    “We believe HODL Systems reflects the kind of infrastructure-driven Bitcoin strategy we are seeking to support,” said Mark Moss, Chief Visionary Officer at Matador. “Subject to regulatory approval, this investment would support Matador’s entry into one of the most active markets for digital assets globally.”

    The investment in HODL remains subject to TSXV approval.

    Building a Global Bitcoin Ecosystem Company

    Matador’s proposed model is influenced by other public issuers such as Metaplanet Inc., a Japanese company that has implemented a Bitcoin treasury model. Metaplanet has pursued capital formation and Bitcoin acquisition strategies within a regulated public market framework in Japan, where institutional interest in Bitcoin is growing and monetary policy remains highly accommodative.

    Matador sees parallels between these conditions and those emerging in India, where inflationary pressures, a growing appetite for alternative assets, and increasing regulatory clarity around digital assets are driving renewed interest in Bitcoin as a store of value. Additionally, India’s robust technology sector and expanding capital markets create favorable conditions for a Bitcoin-aligned corporate strategy. Subject to final TSXV approval, Matador intends to pursue a similar approach in select jurisdictions, including India, where it can responsibly support Bitcoin-native companies and infrastructure development.

    “This conditional approval is a key milestone in our plan to hold and invest in Bitcoin as part of our corporate treasury strategy,” said Deven Soni, Chief Executive Officer of Matador Technologies. “Subject to final TSXV approval, it brings us closer to allocating capital to companies building core infrastructure across the Bitcoin ecosystem.”

    Strategic Advisors Supporting Execution

    To support this next phase of growth, Matador recently formed a Strategic Advisory Board composed of industry leaders with deep expertise in Bitcoin, gold, and global capital markets. The Strategic Advisory Board includes:

    • David Bailey, CEO of BTC Inc., General Partner at UTXO Management, LLC and founding partner of Bitcoin-focused holding company Nakamoto. Bailey brings significant experience from his leadership of Bitcoin for Corporations—a platform developed in partnership with MicroStrategy—and his early involvement in Metaplanet’s Bitcoin strategy in Japan.
    • Brad Mills, a Bitcoin entrepreneur and investor known for his active role in early-stage Bitcoin infrastructure and digital asset investments.
    • Dave Forestell, a legal and regulatory executive with deep expertise in natural resources, public markets, and policy. He chairs the Alcohol and Gaming Commission of Ontario and previously led iGaming Ontario.

    These advisors provide Matador with a unique blend of strategic insight—combining institutional knowledge of Bitcoin capital markets, legacy gold infrastructure, and cross-border regulatory frameworks.

    For additional information, please contact:

    Media Contact:
    Sunny Ray
    President
    Email: sunny@matador.network
    Phone: 647-496-6282

    About Matador Technologies Inc.

    Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF, FSE: IU3) is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. Matador’s strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.

    Matador has recently expanded its global footprint by investing in HODL Systems, one of India’s first digital asset treasury companies, securing up to a 24% ownership stake. This investment strengthens Matador’s position as a leading Bitcoin treasury company and underscores its commitment to the worldwide adoption of Bitcoin as a reserve asset.

    With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.

    Visit us online at https://www.matador.network/.

    Cautionary Statement Regarding Forward-Looking Information

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

    Forward-Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy, receipt of regulatory and shareholder approvals, and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

    The MIL Network –

    June 24, 2025
  • MIL-OSI Russia: Dmitry Chernyshenko: Improving the quality of teaching natural sciences in schools is bearing fruit

    Translation. Region: Russian Federal

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

    Russian team of the first Open International Geographical Olympiad (openGeo 2025)

    The results of the first Open International Geographical Olympiad (openGeo 2025) were summed up at the University Gymnasium of the Lomonosov Moscow State University. The competition brought together 107 participants from 23 countries. The Russian team was represented by six winners of the final stage of the All-Russian School Olympiad in Geography for the 2024/25 academic year. In the team competition at openGeo 2025, they won first place: the Russian team has four gold and two silver medals.

    The children were congratulated by Deputy Prime Minister of Russia Dmitry Chernyshenko and Minister of Education of Russia Sergei Kravtsov.

    “Our President Vladimir Putin noted that geography serves as the basis for the formation of patriotic values, cultural, national identity and self-awareness. The brilliant victory of our schoolchildren shows that adult outstanding scientific minds have someone to rely on. Thanks to such victories, we see that our common work to fulfill the President’s task – to improve the quality of teaching natural sciences in schools – is bearing fruit. Thank you to everyone who contributed to these high results, and we wish you success in the future!” said the Deputy Prime Minister.

    He also added that the national project “Youth and Children” helps to create conditions for realizing the potential and developing the talents of each person.

    The head of the Russian Ministry of Education, Sergei Kravtsov, congratulated the children and drew attention to the fact that the Olympiad contributes to strengthening international educational ties.

    “Today we pay special attention to developing interest in schoolchildren in studying natural sciences. Participation in the Open International Geographical Olympiad is an opportunity for children not only to test their knowledge, but also to meet young talents from different countries, exchange experiences and ideas. I would like to note that such a competition was held on the Russian platform for the first time. I congratulate our team, their parents and teachers on their brilliant result. I am sure that the success of our schoolchildren will inspire their peers to new discoveries and achievements,” emphasized Sergey Kravtsov.

    Gold medals were awarded to:

    ● Christian Rymarchuk, State Budgetary Educational Institution “School No. 179”;

    ● Dina Islyamutdinova, State Budgetary Educational Institution of the City of Moscow “School No. 2054”;

    ● Nikita Rusakov, University Gymnasium of Moscow State University. M.V. Lomonosov;

    ● Elizaveta Kiseleva, State Budgetary Educational Institution “Lyceum “Second School” named after V.F. Ovchinnikov”.

    Silver medals were won by:

    ● Tikhon Pulyayev, State Budgetary Educational Institution “Moscow Gymnasium in the South-West No. 1543 named after People’s Teacher of the Russian Federation Yu.V. Zavelsky”;

    ● Alexey Gorlov, OAO “School of the Center of Pedagogical Excellence”.

    The coaches of the Russian team were leading specialists from the Faculty of Geography of the Lomonosov Moscow State University Pavel Kirillov and Dmitry Bogachev, as well as a teacher from the National Research University Higher School of Economics Artur Petrosyan and a teacher from the OANO New School Anna Romashina.

    Young geographers from Azerbaijan, Armenia, Afghanistan, Belarus, Bosnia and Herzegovina, Brazil, Ghana, Zambia, Indonesia, Iran, Malaysia, Mongolia, Kazakhstan, China, Nigeria, Russia, Serbia, Slovenia, Tajikistan, Thailand, Tunisia, the Philippines, and Sri Lanka took part in the Olympiad. Thaddeus Trazo (Philippines) was recognized as the absolute winner of openGeo 2025. Russian schoolboy Christian Rymarchuk shared 2nd place with a participant from Belarus.

    All Olympiad tasks were completed in English. The Olympiad competition program consisted of three rounds. During the theoretical round, participants solved five problems in physical and socio-economic geography. The practical round included tasks aimed at analyzing space images, graphic and cartographic tasks. As part of the multimedia test, schoolchildren answered 40 illustrated questions from various areas of geographical knowledge.

    The scientific committee and jury of openGeo 2025 included leading scientists and geographers from Russia (representatives of Lomonosov Moscow State University, Institute of Geography of the Russian Academy of Sciences), India, Kazakhstan, Serbia and other countries.

    Open International Geographical Olympiad (HTTPS: //opengeo. Msu.ru) is an international competition for high school students. Its organizers are the Russian Ministry of Education and Lomonosov Moscow State University.

    The competition is held as an open alternative international Olympiad for schoolchildren and students selected based on the results of national geographic Olympiads and other intellectual competitions in the field of geography of the CIS, SCO, BRICS and other countries. The event is aimed at popularizing geographical knowledge and skills among talented schoolchildren and strengthening international educational and academic ties.

    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 –

    June 24, 2025
  • MIL-OSI Security: Peever Man Sentenced to Nearly Six Years in Federal Prison for Assaulting His Spouse and Causing Serious Bodily Injury

    Source: US FBI

    ABERDEEN – United States Attorney Alison J. Ramsdell announced today that U.S. District Judge Charles B. Kornmann has sentenced a Peever, South Dakota, man for Assault with a Deadly Weapon.

    On June 16, 2025, Terry Wayne Sterling Heminger, age 27, was sentenced to five years and ten months in federal prison with three years of supervised release, and ordered to pay a special assessment to the Federal Crime Victims Fund in the amount of $100.

    Heminger was indicted by a federal grand jury in March 2024. He pleaded guilty on September 30, 2024. His conviction stemmed from an incident on December 23, 2022, when Heminger assaulted his spouse with a hammer. The victim sustained serious bodily injuries to her skull resulting in complete vision loss in one eye and 54% loss in the other. The victim also had to undergo the placement of several metal plates to treat the injuries.

    This matter is being prosecuted by the U.S. Attorney’s Office because the Major Crimes Act, a federal statute, mandates that certain violent crimes alleged to have occurred in Indian Country be prosecuted in federal court as opposed to State court.

    This case was investigated by the FBI and the Sisseton-Wahpeton Oyate Tribal Law Enforcement. Assistant U.S. Attorney Elizabeth A. Ebert-Webb prosecuted the case.

    Heminger was immediately remanded to the custody of the U.S. Marshals Service. 

    MIL Security OSI –

    June 24, 2025
  • MIL-OSI Canada: Lotteries and Gaming Saskatchewan Delivers Record Payments and Dividends

    Source: Government of Canada regional news

    Released on June 23, 2025

    Lotteries and Gaming Saskatchewan’s (LGS’s) 2024-25 Annual Report, released today, shows net income before payments to the province’s General Revenue Fund (GRF) of $358.5 million on revenue of $742.6 million. Payments to the GRF were $135.0 million, resulting in net income after payments to the GRF of $223.5 million.

    The report, covering LGS’s first full year of operations, also shows dividends to LGS’s shareholder, Crown Investments Corporation (CIC), of $190.0 million, which is the largest annual dividend declared by any commercial Crown corporation in CIC’s history.

    LGS delivered this success on behalf of the people and businesses of Saskatchewan in partnership with its four gaming operators – SaskGaming, the Saskatchewan Indian Gaming Authority (SIGA), Western Canada Lottery Corporation (WCLC), and Sask Sport.

    “The record payments provided by Lotteries and Gaming Saskatchewan in 2024-25 delivered a better quality of life for Saskatchewan families,” Minister Responsible for LGS Jeremy Harrison said. “More than 12,000 sport, culture and recreation groups benefited from $71.9 million in payments and $7.8 million in charitable gaming grants supported over 2,700 non-profit and charitable organizations throughout our province. Historic dividends also enabled our government to make important investments in priority areas including affordability, health care, education and community safety.”

    “These stellar results were driven by increased guest spending in land-based casinos, online gaming, and VLTs resulting from strong economic conditions in the province,” LGS President and CEO Susan Flett said. “LGS also delivered for local businesses across the province this fiscal year with commissions totalling $61.1 million earned by VLT site contractors and lottery retailers.”

    In 2024-25, proceeds from gaming in Saskatchewan were delivered as follows:

    • $190.0 million in total dividends declared by LGS to be paid to CIC (much of this flows to the GRF to help fund government priorities).
    • $81.2 million to the First Nations Trust which distributes proceeds to Saskatchewan First Nations for a range of purposes that benefit communities.
    • $71.9 million to Sask Sport, SaskCulture, and the Saskatchewan Parks and Recreation Association to help support more than 12,000 sport, culture and recreation groups in communities across Saskatchewan.
    • $47.4 million in commissions earned by more than 560 VLT site contractors across the province.
    • $32.7 million to Community Development Corporations which distribute a portion of profits generated by casinos to First Nation and non-First Nation organizations in the communities in which SIGA casinos are located.
    • $13.7 million in commissions earned by about 1,000 lottery retailers across the province.
    • $11.1 million in community sponsorships and exhibition association payments from Saskatchewan’s two land-based casino operators SIGA and SaskGaming.
    • $7.8 million in charitable gaming grants paid by LGS to nonprofit and charitable organizations across the province.
    • $7.2 million to the Community Initiatives Fund which offers financial support to Saskatchewan community projects.
    • $6.7 million from the lottery licensing fee (paid by Sask Sport to LGS) to the GRF to help fund government priorities.
    • $4.2 million to the Clarence Campeau Development Fund which helps support Métis businesses, entrepreneurs and communities.
    • $3.0 million to the First Nations Addictions Rehabilitation Foundation.

    LGS was established in 2023 as the provider of conduct and management for casinos, VLTs, lotteries and online gaming in Saskatchewan, including oversight of PlayNow, the province’s only legal online gaming platform.

    -30-

    For more information, contact:

    MIL OSI Canada News –

    June 24, 2025
  • MIL-OSI Africa: African Island States Advance Ocean Partnerships and Finance Innovation at United Nations (UN) Ocean Conference


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    In a high-profile gathering during the Third United Nations Ocean Conference (UNOC3), the African Island States Climate Commission (AISCC), in partnership with the United Nations Economic Commission for Africa (ECA) and the Indian Ocean Commission (IOC), convened a High-Level Dialogue aimed at strengthening ocean partnerships and mobilizing innovative finance to support sustainable development across African Small Island Developing States. With participation from ministers, ambassadors, and senior officials representing island nations, United Nations agencies, and global development partners, the Dialogue marked a significant step toward aligning regional leadership, blue economy priorities, and climate finance strategies in pursuit of Sustainable Development Goal 14 (SDG14).

    Held as an official side event in the UNOC3 Blue Zone, the Dialogue was guided by the theme “Strengthening Ocean Partnerships for Resilience and Sustainable Finance: Charting a Blue Future for African Island States and AIS SIDS.”

    Discussions emphasized the unique vulnerabilities of African Island States, the need for coordinated climate and ocean governance, and the urgency of unlocking scalable, long-term financing solutions tailored to the needs of island nations.

    Opening the event, Flavien Joubert, Chair of the AISCC and Minister of Agriculture, Climate Change and Environment for the Republic of Seychelles, described the conference as a unique opportunity for African Island States and Small Islands Developing States (SIDS) to demonstrate global leadership on ocean sustainability. He called for stronger cooperation across SIDS regions and emphasized the central role of the AISCC as an innovative platform for climate action and diplomacy. Minister Joubert highlighted existing partnerships with ECA, IOC, and the Green Climate Fund (GCF) as examples of how African island nations are working together to mobilize resources and build collective resilience. He reaffirmed Seychelles’ commitment to lead the AISCC in a spirit of solidarity and inclusion, “ensuring no island state is left behind.”

    United Nations Under-Secretary-General for Economic and Social Affairs, Li Junhua, who served as Secretary-General of both the UNOC3 and the Fourth International Conference on SIDS (SIDS4), reiterated the UN’s full support for African SIDS. He noted that the Monitoring and Evaluation Framework for the Antigua and Barbuda Agenda for SIDS (ABAS) is nearing completion, and that work is underway to establish governance mechanisms for implementing the Multidimensional Vulnerability Index (MVI). Li also pointed to reforms in the SIDS Partnership Framework as part of ongoing efforts to ensure more effective and accountable cooperation with the international community.

    Nassim Oulmane, Head of the Natural Resources, Green and Blue Economy Section at ECA, stated in his welcoming remarks that this Dialogue builds on momentum from key AISCC high-level events convened at the UNFCCC COP28, COP29, African Climate Summit, and 4th International SIDS Conference. He held that the region must continue strengthening regional and international cooperation, and unlock innovative, scalable solutions through tools like blue bonds and debt-for-ocean swaps, and other innovative mechanisms. “ECA, in partnership with AISCC, is proud to support initiatives like the RESIslands project, funded by the GCF,” he said. “Together, we are advancing integrated approaches to promote ocean health, sustainable development, and climate resilience—leaving no one behind.”

    In the ministerial panel, national leaders from across the region provided a grounded view of both challenges and opportunities. Nilda Borges da Mata, Minister of Environment, Youth and Sustainable Tourism of São Tomé and Príncipe, said that unity among African SIDS is key to advancing sustainable development.

    “When we speak with one voice, we gain strength. When we share knowledge, we gain resilience. And when we cooperate, we attract the resources we need,” she said. Borges da Mata reaffirmed her country’s support for the AISCC as a critical platform to promote regional cooperation on climate and ocean priorities.

    Guinea-Bissau’s Minister of Environment, Biodiversity and Climate Action, Viriato Soares Cassamá, announced that his country will host the next Ministerial Meeting of the AISCC later this year. He revealed the upcoming meeting as a decisive moment for the AISCC to launch a Joint Declaration on Oceans and Climate, a Sustainable Finance Action Plan, and new governance mechanisms that include women, youth, and local voices.

    Maria Ebiaca Moete, State Secretary of Finance, Planning and Economic Development of Equatorial Guinea, emphasized the importance of investment in locally led, community-based solutions. “We see the RESIslands Initiative as a key platform to channel investment into sustainable, locally led projects,” she said. Moete also called for the creation of a dedicated international funding mechanism for island states and urged development partners to design financing instruments that are simpler, more flexible, and more accessible for vulnerable island economies.

    Fabrice David, Junior Minister of Agro-Industry, Food Security, Blue Economy, and Fisheries of Mauritius, called for a shift in perception of SIDS from fragile to formidable. “This is a critical moment for SIDS to show leadership as Big Ocean States,” he said. “SDG14 remains the most underfunded of all global goals. That must change.” Minister David introduced the Blue Finance Hub initiative, developed with support from the Africa Natural Capital Alliance (ANCA) and FSD Africa, which he described as a promising model for catalyzing nature-positive investments in the blue economy, with potential for replication across other African island nations.

    The panel featured senior-level participation from Cabo Verde and Madagascar, too. In addition to the governmental interventions, the event included the United Nations Secretary-General Special Envoy for the Ocean, the Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD), the UN Resident Coordinator in Cabo Verde, as well as senior speakers from the Indian Ocean Commission, the Green Climate Fund, the African Union Development Agency (AUDA-NEPAD), the SIDS Hub at the Foreign, Commonwealth & Development Office of the United Kingdom, and the ANCA Secretariat of FSD Africa.

    Throughout the High-Level Dialogue, speakers stressed the urgency of rethinking the global financial system to respond more effectively to the realities of island nations, and the need for AIS SIDS to have a stronger voice in shaping international ocean and climate frameworks. The meeting reaffirmed the role of the AISCC as a unifying body for African Island States, driving forward shared strategies on SDG 14 and building a sustainable, climate-resilient blue future through partnership, innovation, and action.

    Distributed by APO Group on behalf of United Nations Economic Commission for Africa (ECA).

    MIL OSI Africa –

    June 24, 2025
  • MIL-OSI Security: Man Charged for Stabbing Visitor at the Wounded Knee Memorial Site in the Pine Ridge Reservation

    Source: US FBI

    RAPID CITY – United States Attorney Alison J. Ramsdell announced that the United States Attorney’s Office has charged 18-year-old Raymond Eagle Hawk, Jr., of Wounded Knee, South Dakota, with Assault with Intent to Commit Murder.

    On June 12, 2025, Eagle Hawk was intoxicated and panhandling at the Wounded Knee cemetery parking lot. The victim, a 71-year-old man, and his wife had traveled to the Pine Ridge Reservation from their home in Texas to visit the Wounded Knee Memorial site, near Wounded Knee village, within the Pine Ridge Reservation.

    At the memorial site, Eagle Hawk asked the victim for money. The victim gave Eagle Hawk a small sum of cash, but Eagle Hawk continued to demand money. When the victim did not give Eagle Hawk more money, Eagle Hawk stabbed him in the throat with a knife. The victim sustained a grievous injury to his neck and attempted to return to his vehicle. Eagle Hawk continued to advance on the victim, but then fled the cemetery. The victim was transported to the Pine Ridge hospital and later flown by air ambulance to Monument Health Hospital in Rapid City, where he underwent emergency surgery to repair the wound to his neck.

    Eagle Hawk appeared before U.S. Magistrate Judge Daneta Wollmann on June 18, 2025, and pleaded not guilty to the criminal complaint. Eagle Hawk was remanded to the custody of the U.S. Marshals Service pending a preliminary hearing and a detention hearing, scheduled for June 27, 2025.

    The maximum penalty upon conviction is 20 years in custody in a federal prison.

    The charge is merely an accusation and Eagle Hawk is presumed innocent until and unless proven guilty.

    This matter is being prosecuted by the U.S. Attorney’s Office because the Major Crimes Act, a federal statute, mandates that certain violent crimes alleged to have occurred in Indian Country be prosecuted in Federal court as opposed to State court.

    The investigation is being conducted by the Federal Bureau of Investigation and the Oglala Sioux Tribe Department of Public Safety Criminal Investigations Division. Assistant United States Attorney Heather Knox is prosecuting the case. 

    MIL Security OSI –

    June 24, 2025
  • MIL-OSI Security: June Federal Grand Jury 2024-B Indictments Announced

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    United States Attorney Clint Johnson today announced the results of the June Federal Grand Jury 2024-B Indictments.

    The following individuals have been charged with violations of United States law in indictments returned by the Grand Jury. The return of an indictment is a method of informing a defendant of alleged violations of federal law, which must be proven in a court of law beyond a reasonable doubt to overcome a defendant’s presumption of innocence.

    Alejandro Aldave. Possession of Cocaine with Intent to Distribute (Counts 1 and 2); Possession of 3,4-Dichloro-N-[2-(dimethylamino)cyclohexyl]-N-methylbenzamide (U47700”) with Intent to Distribute (Count 3); Maintaining a Drug-Involved Premises (Count 4); Possession of a Firearm in Furtherance of Drug Trafficking Crime (Count 5) (superseding). Aldave, 36, of Tulsa, is charged with two counts of possessing more than 500 grams of cocaine and one count of possessing 3,4-Dichloro-N-[2-(dimethylamino)cyclohexyl]-N-methylbenzamide (U47700”) with intent to distribute. He is additionally charged with maintaining a residence to distribute cocaine and 3,4-Dichloro-N-[2-(dimethylamino)cyclohexyl]-N-methylbenzamide (U47700”). Lastly, Aldave knowingly possessed a firearm in furtherance of drug trafficking. The Drug Enforcement Administration Tulsa Resident Office, the Oklahoma Highway Patrol, and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Adam D. McConney is prosecuting the case. 25-CR-173

    Roman Ramos Chacon. Unlawful Reentry of a Removed Alien. Chacon, 27, a Mexican national, is charged with unlawfully reentering the United States after having been previously removed in Oct. 2023. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney Stephen Scaife is prosecuting the case. 25-CR-206

    Jesus Reyes Chi. Alien Unlawfully in the United States in Possession of Firearms. Reyes Chi, 36, a Mexican national, is charged with possessing firearms knowing he was an alien unlawfully living in the United States. ICE Enforcement and Removal Operations Dallas Field Office, the Bureau of Alcohol, Tobacco, Firearms and Explosives, and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Aaron Jolly is prosecuting the case. 25-CR-207

    Jose Guadalupe Peralez Diaz. Unlawful Reentry of a Removed Alien. Peralez Diaz, 43, a Mexican national, is charged with unlawfully reentering the United States after having been previously removed in Apr. 2022. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney David Whipple is prosecuting the case. 
    25-CR-208

    Brandon Eugene Fanning. Felon in Possession of a Firearm and Ammunition. Fanning, 47, of Wyandotte, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Ottawa County Sheriff’s Office are the investigative agencies. Assistant U.S. Attorney Shakema Onias is prosecuting the case. 25-CR-219

    Cruz De Jesus Garcia-Dimas. Unlawful Reentry of a Removed Alien. Garcia-Dimas, 34, a Mexican national, is charged with unlawfully reentering the United States after having been previously removed in Mar. 2012. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney Augustus Forster is prosecuting the case. 
    25-CR-209

    Jason Dewayne Glass; Justin Monrow Wilson. Aggravated Sexual Abuse by Force and Threat in Indian Country (Count 1); Assault with a Dangerous Weapon with Intent to do Bodily Harm in Indian Country (Counts 2 through 4); Carrying, Using, and Brandishing a Firearm During and in Relation to a Crime of Violence (Count 5); Possession of Methamphetamine with Intent to Distribute (Count 6); Carrying and Using a Firearm During and in Relation to a Drug Trafficking Crime (Count 7) Maintaining a Durg-Involved Premises (Count 8) Felon in Possession of Firearms and Ammunition (Counts 9 & 10). Glass, 41, of Locust Grove, is charged with engaging in a sexual act by force and threat. He is charged with intentionally assaulting a victim with a firearm, a propane torch, a knife, and brandishing a firearm during a crime of violence. Wilson, 49, of Locust Grove, and Glass are jointly charged with knowingly possessing methamphetamine with intent to distribute, possessing a firearm during and in relation to drug trafficking, and maintaining a drug house. Additionally, Glass and Willson are charged with possessing numerous firearms and ammunition, knowing they had previously been convicted of several felonies. The FBI, the Cherokee Nation Marshal Service, and the Oklahoma State Bureau of Investigation are the investigative agencies. Assistant U.S. Attorney Stacey Todd is prosecuting the case. 
    25-CR-220

    Kiaona Richelle Hill. Felon in Possession of a Firearm and Ammunition. Hill, 43, of Tulsa, is charged with possessing a firearm and ammunition, knowing she was previously convicted of felonies. The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorneys Tara Heign and Eric O. Johnston are prosecuting the case. 25-CR-211

    Bradley Justin Kelley. Felon in Possession of a Firearm and Ammunition; Possession of Methamphetamine with Intent to Distribute; Maintaining a Drug-Involved Premises; Possession of a Firearm in Furtherance of a Drug Trafficking Crime; Eluding Police Officers in Indian Country. Kelley, 35, of Tulsa, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies, and possessing a firearm while drug trafficking. Kelley is further charged with maintaining a residence for drug distribution and possessing more than 500 grams of methamphetamine with intent to distribute. Additionally, Kelley is charged with failing to bring his vehicle to a stop after being directed by a peace officer in an official vehicle with a red light and siren. The Drug Enforcement Administration Tulsa Resident Office and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney David Nasar is prosecuting the case. 25-CR-203

    Jorge Luis Garcia-Lopez. Unlawful Reentry of a Removed Alien. Garcia-Lopez, 27, a Mexican national, is charged with unlawfully reentering the United States after having been previously removed in May 2021. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney Stephen Flynn is prosecuting the case. 25-CR-210

    Arturo Hidalgo Luna. Unlawful Reentry of a Removed Alien. Luna, 59, a Mexican national, is charged with unlawfully reentering the United States after having been previously removed in Feb. 2003. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney Christian Harris is prosecuting the case. 25-CR-212

    Jason Allen Lynn. Second Degree Murder in Indian Country. Lynn, 31, a transient and a member of the Choctaw Nation of Oklahoma, is charged with intending to kill Alan Underwood without premeditation and deliberation, but with intent to do serious bodily harm. The FBI and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Kenneth Elmore is prosecuting the case. 25-CR-204

    Cale Michael Mitchell Persinger. Assault of a Spouse by Strangling and Attempting to Strangle in Indian Country. Persinger, 25, of Tulsa and a member of the Osage Nation, is charged with assaulting his spouse by strangling her. The FBI and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Melissa Weems is prosecuting the case. 25-CR-221

    Austin Dewayne Nation. Use of a Communication Facility in Committing, Causing, and Facilitating the Commission of a Drug Trafficking Felony; Attempted Possession of Methamphetamine with Intent to Distribute; Felon in Possession of Firearms; Possession of Firearms in Furtherance of a Drug Trafficking Crime. Nation, 29, of Kellyville, is charged with attempting to possess and distribute methamphetamine received through the mail. He is further charged with attempting to possess methamphetamine with the intent to distribute. Additionally, Nation is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies and possessing a firearm while attempting to traffic drugs. The Drug Enforcement Administration Tulsa Resident Office and the USPS-OIG are the investigative agencies. Assistant U.S. Attorney Tyson McCoy is prosecuting the case. 25-CR-213

    Bryan Omar Orozxo-Cahuex. Unlawful Reentry of a Removed Alien. Orozxo-Cahuex, 30, a Guatemalan national, is charged with unlawfully reentering the United States after having been previously removed in Dec. 2017. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney Aaron Jolly is prosecuting the case. 25-CR-214

    Jose Pacheco-Quezada. Unlawful Reentry of a Removed Alien. Pacheco-Quezada, 24, a Mexican national, is charged with unlawfully reentering the United States after having been previously removed in Apr. 2019. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney Stephanie Ihler is prosecuting the case. 
    25-CR-215

    Silvia Nicole Ramos-Ramos. Unlawful Reentry of a Removed Alien. Ramos-Ramos, 23, a Honduran national, is charged with unlawfully reentering the United States after having been previously removed in Jun. 2023. ICE Enforcement and Removal Operations Dallas Field Office is the investigative agency. Assistant U.S. Attorney Adam Bailey is prosecuting the case. 25-CR-216

    Marissa Ayde Ruiz. Possession of Cocaine with Intent to Distribute; Carrying a Firearm in Relation to a Drug Trafficking Crime. Ruiz, 33, of Amarillo, Texas, is charged with knowingly possessing more than 500 grams of cocaine with intent to distribute and carrying a firearm while drug trafficking. The Homeland Security Investigations and the Oklahoma Highway Patrol are the investigative agencies. Assistant U.S. Attorney Adam Bailey is prosecuting the case. 25-CR-205

    Allan Segovia. Possession of Methamphetamine with Intent to Distribute. Segovia, 42, of Tulsa, is charged with knowingly possessing methamphetamine with intent to distribute. The Drug Enforcement Administration Tulsa Resident Office, the Tulsa Police Department, and the Bureau of Indian Affairs are the investigative agencies. Assistant U.S. Attorney Attila Bogdan is prosecuting the case. 25-CR-222

    MIL Security OSI –

    June 24, 2025
  • MIL-OSI Security: Indianapolis Man Sentenced After Being Caught with Three Firearms and Two Machine Gun Conversion Devices While Out on Bond

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    INDIANAPOLIS— Q’Tez Laquan Ginn, 19, of Indianapolis, has been sentenced to 61 months in federal prison followed by three years of supervised release after pleading guilty to possession of a machine gun.

    Machine gun conversion devices, sometimes called “Glock switches” or “auto-sears,” are devices that convert ordinary semiautomatic firearms into fully automatic machine guns. Machine gun conversion devices are themselves considered machine guns under federal law, even when not installed, and are illegal for individuals to possess or sell.

    According to court documents, in August of 2024, Ginn was seen carrying an AR style pistol in a parking lot where suspected narcotics trafficking was taking place.  Later that day, IMPD officers found Ginn in a vehicle with marijuana and a pistol. Ginn was charged with felony dealing marijuana and taken into custody. At the time of this arrest, Ginn was out on bond for a felony Resisting Law Enforcement charge in Marion County.

    While in custody, Ginn made phone calls to family members, directing them to move and store his firearms and controlled substances at a home known to the family. Ginn continued to exert control over the items while he was incarcerated.

    In September of 2024, law enforcement officers conducted a judicially authorized search at the home and located a black duffel bag that contained a Glock handgun, two AR-style pistols, and multiple magazines, including two loaded high-capacity drum-style magazines.  The Glock handgun and one of the AR-style pistols were found with machine gun conversion devices installed on them.

    “Machine gun conversion devices only exacerbate the already dire situation of individuals using firearms for violent purposes. In a city already overwhelmed by gun violence, these devices contribute to further instability for community members and law enforcement,” said John E. Childress, Acting United States Attorney for the Southern District of Indiana. “I commend the IMPD and ATF for their steadfast dedication to addressing gun violence in our community.”

    The Bureau of Alcohol, Tobacco, Firearms and Explosives and IMPD investigated this case. The sentence was imposed by Chief U.S. District Judge Tanya Walton Pratt.

    Acting U.S. Attorney Childress thanked Assistant U.S. Attorney Pamela Domash, who prosecuted this case.

    ###

    MIL Security OSI –

    June 24, 2025
  • MIL-OSI Economics: Panels established to review Canadian surtaxes, Chinese duties on farm and fish products

    Source: World Trade Organization

    DS627: Canada — Measures on Certain Products of Chinese Origin

    China submitted its second request for the establishment of a dispute panel with respect to the surtax measures imposed by Canada on certain products of Chinese origin, including electric vehicles and steel and aluminium products. Canada had said it was not ready to accept China’s first request for the panel at a DSB meeting on 23 May.

    China said it considers Canada’s measures inconsistent with provisions of the General Agreement on Tariffs and Trade (GATT). It added that it was open to constructive discussions and remains committed to resolving the dispute.

    It is unfortunate that China has included in its panel request claims related to certain solar products, critical minerals, semiconductors, permanent magnets and natural graphite imported from China, Canada said, noting that there are no Canadian surtax measures on these products. China has therefore failed to identify the specific measures at issue as required under the Dispute Settlement Understanding (DSU), Canada said.

    Canada said its surtax measures on electric vehicles and steel and aluminium products are justified under the GATT and that it was fully prepared to defend these measures. Canada remains committed to maintaining constructive dialogue with China even as the dispute moves to the panel stage, it added.

    The United States said that China responded to the surtaxes by imposing countermeasures in the form of additional duties on Canadian agricultural and fishery products.

    The DSB agreed to the establishment of the panel. 

    Australia, the European Union, India, Japan, the Republic of Korea, Malaysia, Norway, the Russian Federation, Singapore, Switzerland, Türkiye, the United Kingdom, Ukraine and the United States reserved their third-party rights to participate in the proceedings.

    DS636: China — Additional Import Duties on Certain Agricultural and Fishery Products from Canada

    Canada submitted its second request for the establishment of a dispute panel with respect to the additional import duties imposed by China on certain Canadian agricultural and fisheries products. China had said it was not ready to accept Canada’s first request for the panel at a special DSB meeting on 5 June.

    Canada said the import duties imposed by China represented a unilateral determination and trade countermeasures contrary to WTO rules. Canada moreover said that as the dispute concerns perishable goods, the case should be treated as urgent as provided by the DSU. Canada remains committed to maintaining constructive dialogue with China even as the dispute moves to the panel stage, it added.

    China replied that it regretted Canada’s decision to seek the establishment of a panel and opposed Canada’s claim that DSU provisions on urgency apply to this case. China said it will defend itself in the proceedings and is confident that its measures will be found consistent with WTO rules. It added that it remained open to engagement with Canada.

    The United States reiterated that the measures at issue are countermeasures imposed by China in response to Canadian measures China is challenging in DS627.

    The DSB agreed to the establishment of the panel. 

    Australia, the European Union, India, Japan, Norway, the Russian Federation, Singapore, Switzerland, Türkiye, the United Kingdom, the United States and Viet Nam reserved their third-party rights to participate in the proceedings.

    Appellate Body appointments

    Colombia, speaking on behalf of 130 members, introduced for the 88th time the group’s proposal to start the selection processes for filling vacancies on the Appellate Body. The extensive number of members submitting the proposal reflects a common interest in the functioning of the Appellate Body and, more generally, in the functioning of the WTO’s dispute settlement system, Colombia said.

    The United States said it does not support the proposed decision and noted its longstanding concerns with WTO dispute settlement that have persisted across US administrations. The United States emphasized that the dispute settlement process was meant to help members resolve specific disputes without creating new rules that alter rights and obligations under the covered WTO agreements. The US reiterated that fundamental reform of WTO dispute settlement is needed and that it will reflect on the extent to which it is possible to achieve such a reformed WTO dispute settlement system.

    More than 20 members took the floor to comment, one speaking on behalf of a group of members. Several members urged others to consider joining the Multi-party interim appeal arrangement (MPIA), a contingent measure to safeguard the right to appeal in the absence of a functioning Appellate Body. 

    Colombia, on behalf of the 130 members, said it regretted that for the 88th occasion members have not been able to launch the selection processes. Ongoing conversations about reform of the dispute settlement system should not prevent the Appellate Body from continuing to operate fully, and members shall comply with their obligation under the Dispute Settlement Understanding to fill the vacancies as they arise, Colombia said for the group.

    Dispute settlement reform

    The DSB Chair, Ambassador Clare Kelly (New Zealand), said that the General Council (GC) Chair Ambassador Saqer Abdullah Almoqbel (Kingdom of Saudi Arabia) had informed members in a 6 June communication that, regarding dispute settlement reform, his consultations have confirmed readiness to preserve and build on the progress already made, and to advance only when the time is ripe to make meaningful progress on key unresolved issues with the engagement of all delegations.

    The GC Chair also indicated that both the DSB Chair and the GC Chair will be closely monitoring the situation and will revert to members at the appropriate time. The DSB chair added that her door is open to delegations wishing to further discuss the matter.

    Surveillance of implementation

    The United States presented status reports with regard to DS184, “US — Anti-Dumping Measures on Certain Hot-Rolled Steel Products from Japan”,  DS160, “United States — Section 110(5) of US Copyright Act”, DS464, “United States — Anti-Dumping and Countervailing Measures on Large Residential Washers from Korea”, and DS471, “United States — Certain Methodologies and their Application to Anti-Dumping Proceedings Involving China.”

    The European Union presented a status report with regard to DS291, “EC — Measures Affecting the Approval and Marketing of Biotech Products.”

    Indonesia presented its status reports in DS477 and DS478, “Indonesia — Importation of Horticultural Products, Animals and Animal Products.” 

    Next meeting

    The next regular DSB meeting will take place on 25 July 2025.

    Share

    MIL OSI Economics –

    June 24, 2025
  • MIL-OSI USA: Crapo, Scott and GOP Colleagues Lead Effort to Strengthen Review of Foreign Land Purchases Near Sensitive U.S. Military Sites

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo

    Washington, D.C.–U.S. Senator Mike Crapo (R-Idaho) joined Senate Banking Committee Chairman Tim Scott (R-South Carolina) in an effort to strengthen national security by ensuring the Committee on Foreign Investment in the United States (CFIUS) can effectively review foreign land purchases near sensitive military, intelligence and national laboratory sites.

    “We must protect sensitive military and government sites from foreign adversaries pursuing intelligence activities on our own land,” said Senator Crapo.  “Idaho has multiple military installations and the acclaimed Idaho National Laboratory conducting vital research, development and training of critical national security efforts right here in our backyard, and increasing accountability about land sales around these sites is of utmost importance.”

    The Protect Our Bases Act, introduced by Senators Crapo, Scott, Mike Rounds (R-South Dakota), Thom Tillis (R-North Carolina), John Kennedy (R-Louisiana), Bill Hagerty (R-Tennessee), Katie Britt (R-Alabama), Pete Ricketts (R-Nebraska), Jim Banks (R-Indiana), Kevin Cramer (R-North Dakota), Bernie Moreno (R-Ohio) and Dave McCormick (R-Pennsylvania), would require CFIUS member agencies to annually update records of the military, intelligence and national laboratory facilities that should be designated as sensitive sites for national security purposes.  

    “The Chinese Communist Party’s efforts to infiltrate and surveil all parts of the U.S national security apparatus requires vigilance from our national security agencies.  This legislation will enhance the review of foreign real estate transactions near critical national security installations, helping ensure CFIUS has the information it needs to protect our homeland and keep our nation safe,” said Chairman Scott.

    “We must address the growing threat from the Chinese Communist Party and other hostile regimes trying to get close to our most sensitive military and intelligence sites,” said Senator Tillis.  “The Protect Our Bases Act ensures the Committee on Foreign Investment in the United States has the most up-to-date information on key U.S. national security locations so dangerous land purchases can be blocked well before they become security risks.”

    “Ensuring the safety and security of our military and government installations is a national priority,” said Senator Hagerty.  “For too long, foreign adversaries have tried to exploit America’s open real estate market and rule of law in an attempt to gain strategic footholds.  The Protect Our Bases Act gives our nation the tools to identify who is buying land near sensitive sites and stop transactions that could put the security of Americans at risk.”

    “As threats from our foreign adversaries, including the Chinese Communist Party, Iran and Russia, continue to escalate, it’s paramount that we secure our intelligence,” said Senator Britt.  “Allowing CFIUS to review foreign land purchases near sensitive military and government sites is just common sense.  Proud to join this legislation that takes a crucial step toward strengthening our national security and safeguarding our strategic advantages.”

    “There’s no reason why America’s adversaries should be able to buy land next to our military bases,” said Senator Ricketts.  “Farmland adjacent to sensitive sites should remain in the hands of American farmers and ranchers, not Communist China.  This commonsense bill will help to protect our troops, prevent espionage and counter our adversaries.”

    BACKGROUND:

    In 2022, Fufeng Group, a Chinese company with ties to the Chinese Communist Party, announced it would purchase land near Grand Forks Air Force Base in North Dakota.  CFIUS determined that it could not evaluate the transaction for national security risks because the U.S. Department of Defense had not listed the base as a sensitive site for national security purposes.  Although the City of Grand Forks ultimately blocked the transaction, the incident demonstrated a significant flaw in the review process of foreign land purchases.  CFIUS relies on its member agencies to provide updated information on sensitive military, intelligence and national laboratory sites in order to properly assess the security risk of foreign investment in our country.  If CFIUS member agencies do not appropriately update their site lists, CFIUS cannot ensure an accurate review.

    In addition to requiring agencies represented on CFIUS to provide updated records of the military, intelligence and national laboratory facilities that should be sensitive sites on an annual basis, the Protect Our Bases Act makes these records easier for CFIUS to use for national security reviews and requires CFIUS to submit an annual report to Congress certifying the completion of such reviews and the accuracy of its real estate listings.

    For bill text, click here.

    MIL OSI USA News –

    June 24, 2025
  • India and Kenya unveil India-Africa commemorative pillar honouring World War I soldiers

    Source: Government of India

    Source: Government of India (4)

    In a significant gesture of remembrance and cooperation, India’s Minister of State for Defence, Sanjay Seth, and Kenya’s Cabinet Secretary for Defence, Roselinda Soipan Tuya, on Monday, jointly unveiled the India-Africa Commemorative Pillar at Mile 27 in Taita Taveta County, Kenya. The ceremony honoured the courage and sacrifice of unknown Indian and African soldiers who died during World War I in the East African theatre.

    The commemorative initiative was conceptualised by the High Commission of India in Kenya and materialised with the financial support of the Ministry of Defence, Government of India. The project was implemented in close collaboration with the Kenya Defence Forces and officials from Taita Taveta County.

    The pillar serves as a powerful symbol of shared military history and solidarity between India and Kenya. It not only pays tribute to the fallen soldiers but also reinforces the longstanding and growing defence ties between the two nations. These ties are rooted in mutual respect, shared democratic values, and a joint commitment to peace and global security.

    The unveiling ceremony was attended by senior officials from the Kenya Defence Forces, representatives from Taita Taveta County, members of the Indian Ministry of Defence delegation, and other dignitaries from the diplomatic and military community.

    June 24, 2025
  • Kharif crop sowing shows strong start in 2025: Agriculture Ministry Report

    Source: Government of India

    Source: Government of India (4)

    The Ministry of Agriculture & Farmers Welfare has released its latest update on the progress of kharif crop sowing across the country as of June 20. The figures indicate a promising start to the kharif season, with the total area sown reaching 137.84 lakh hectares — an increase of nearly 13 lakh hectares compared to the corresponding period in 2024.

    According to data compiled by the Department of Agriculture & Farmers’ Welfare, rice sowing has seen a substantial rise, with 13.22 lakh hectares covered this year, compared to 8.37 lakh hectares last year — a gain of 4.86 lakh hectares.

    Pulses have also witnessed a significant uptick. A total of 9.44 lakh hectares have been brought under pulses cultivation, marking an increase of 2.80 lakh hectares over 2024. Among individual pulse crops, urd bean saw a rise of 0.77 lakh hectares, and moong bean surged by 1.77 lakh hectares. However, arhar saw a marginal decline of 0.13 lakh hectares. Other pulses like mothbean, kulthi, and sesamum registered slight increases.

    Coarse cereals — grouped under the newly rebranded “Shri Anna” category — recorded sowing over 18.03 lakh hectares, up by 3.25 lakh hectares compared to last year. Maize led this segment with 12.32 lakh hectares sown, reflecting a growth of 2.01 lakh hectares. Bajra and jowar also saw increases, while ragi and small millets recorded slight declines.

    In contrast, oilseeds saw a slight decrease overall, with 5.38 lakh hectares sown this year as against 5.49 lakh hectares in 2024. Groundnut and soybean sowing declined marginally, while crops like sesamum and sunflower posted small gains.

    Sugarcane continued its strong presence, with an area coverage of 55.07 lakh hectares — up by 0.20 lakh hectares from last year. Jute and mesta, however, saw a decrease of 0.17 lakh hectares in area sown.

    Cotton has shown a healthy rise in sowing activity, with 31.25 lakh hectares covered this year as against 29.12 lakh hectares last year — a significant increase of 2.14 lakh hectares.

    Overall, the kharif season of 2025 is off to a positive start, with total sowing across all major crops covering 137.84 lakh hectares compared to 124.88 lakh hectares in the same period last year.

    June 24, 2025
  • Kharif crop sowing shows strong start in 2025: Agriculture Ministry Report

    Source: Government of India

    Source: Government of India (4)

    The Ministry of Agriculture & Farmers Welfare has released its latest update on the progress of kharif crop sowing across the country as of June 20. The figures indicate a promising start to the kharif season, with the total area sown reaching 137.84 lakh hectares — an increase of nearly 13 lakh hectares compared to the corresponding period in 2024.

    According to data compiled by the Department of Agriculture & Farmers’ Welfare, rice sowing has seen a substantial rise, with 13.22 lakh hectares covered this year, compared to 8.37 lakh hectares last year — a gain of 4.86 lakh hectares.

    Pulses have also witnessed a significant uptick. A total of 9.44 lakh hectares have been brought under pulses cultivation, marking an increase of 2.80 lakh hectares over 2024. Among individual pulse crops, urd bean saw a rise of 0.77 lakh hectares, and moong bean surged by 1.77 lakh hectares. However, arhar saw a marginal decline of 0.13 lakh hectares. Other pulses like mothbean, kulthi, and sesamum registered slight increases.

    Coarse cereals — grouped under the newly rebranded “Shri Anna” category — recorded sowing over 18.03 lakh hectares, up by 3.25 lakh hectares compared to last year. Maize led this segment with 12.32 lakh hectares sown, reflecting a growth of 2.01 lakh hectares. Bajra and jowar also saw increases, while ragi and small millets recorded slight declines.

    In contrast, oilseeds saw a slight decrease overall, with 5.38 lakh hectares sown this year as against 5.49 lakh hectares in 2024. Groundnut and soybean sowing declined marginally, while crops like sesamum and sunflower posted small gains.

    Sugarcane continued its strong presence, with an area coverage of 55.07 lakh hectares — up by 0.20 lakh hectares from last year. Jute and mesta, however, saw a decrease of 0.17 lakh hectares in area sown.

    Cotton has shown a healthy rise in sowing activity, with 31.25 lakh hectares covered this year as against 29.12 lakh hectares last year — a significant increase of 2.14 lakh hectares.

    Overall, the kharif season of 2025 is off to a positive start, with total sowing across all major crops covering 137.84 lakh hectares compared to 124.88 lakh hectares in the same period last year.

    June 24, 2025
  • Regional crisis deepens after U.S. and Israeli strikes on Iranian nuclear sites

    Source: Government of India

    Source: Government of India (4)

    Tensions in the Middle East have reached a critical point following a direct strike by the United States on three of Iran’s major nuclear facilities. Explosions rocked Tehran, including a reported Israeli missile strike on the entrance to the capital’s notorious Evin Prison, in what officials are calling a coordinated Israeli campaign targeting both military and governmental sites across Iran.

    The attacks on the Fordow, Natanz, and Isfahan nuclear facilities, described by the International Atomic Energy Agency (IAEA) as involving ground-penetrating munitions and cruise missiles, have escalated into a broader regional conflict. Iran retaliated with waves of missiles and drones, striking multiple cities in Israel. While the full extent of the damage remains unclear, the strikes mark a dramatic escalation of hostilities and a direct confrontation among Iran, Israel, and the United States.

    In a rare move that signals a widening of military objectives, the Israeli Defense Forces targeted Evin Prison, a high-security facility housing political prisoners, dual nationals, and government critics. The operation marks a shift in Israeli strategy, extending beyond purely military targets to the symbolic and institutional pillars of the Iranian regime.

    Amid the spiraling crisis, Iran’s Parliament Speaker Mohammad Baqer Qalibaf announced that the legislature is weighing legislation to suspend all cooperation with the IAEA. Qalibaf insisted that Iran has no intention of pursuing non-peaceful nuclear activity but accused the UN nuclear watchdog of failing to maintain its neutrality and professionalism, alleging it had become politicized.

    In Vienna, IAEA Director General Rafael Grossi convened an emergency session of the agency’s Board of Governors. Grossi confirmed that key Iranian nuclear sites had been significantly damaged, though off-site radiation levels remained unchanged. He warned that the conflict presents a grave threat to the global non-proliferation regime and called for the immediate restoration of IAEA access to Iranian facilities, including those housing uranium enriched to 60 percent purity. Grossi also revealed that inspectors remain in Iran and are ready to resume oversight operations.

    “The current trajectory is deeply concerning for international security,” Grossi told the assembled board members. “We must prioritize diplomacy and the technical role of the IAEA, not allow it to be undermined by geopolitical agendas.”

    The regional impact has already begun to ripple outward. Major energy companies, including Eni, BP, and Total Energies, began emergency evacuations of foreign staff from Iraqi oilfields. Iraq’s state-run Basra Oil Company confirmed the move amid fears of broader conflict. Meanwhile, the U.S. Embassy in Qatar issued an urgent advisory instructing American citizens to remain indoors due to the volatile security situation.

    In Moscow, Russian President Vladimir Putin met with Iranian Foreign Minister Abbas Araghchi, expressing strong support for Tehran and condemning the strikes by the U.S. and Israel as an “unprovoked act of aggression.” Putin reaffirmed Russia’s commitment to its strategic alliance with Iran, while noting that he had held recent consultations with U.S. President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, UAE President Mohammed Al Nahyan, and Iranian President Masoud Pezeshkian.

    Araghchi, in turn, thanked Russia for its support and denounced the attacks as illegal violations of international law. He emphasized Iran’s right to defend its sovereignty and stated that Tehran would continue to work closely with Moscow amid the growing crisis.

    June 24, 2025
  • Regional crisis deepens after U.S. and Israeli strikes on Iranian nuclear sites

    Source: Government of India

    Source: Government of India (4)

    Tensions in the Middle East have reached a critical point following a direct strike by the United States on three of Iran’s major nuclear facilities. Explosions rocked Tehran, including a reported Israeli missile strike on the entrance to the capital’s notorious Evin Prison, in what officials are calling a coordinated Israeli campaign targeting both military and governmental sites across Iran.

    The attacks on the Fordow, Natanz, and Isfahan nuclear facilities, described by the International Atomic Energy Agency (IAEA) as involving ground-penetrating munitions and cruise missiles, have escalated into a broader regional conflict. Iran retaliated with waves of missiles and drones, striking multiple cities in Israel. While the full extent of the damage remains unclear, the strikes mark a dramatic escalation of hostilities and a direct confrontation among Iran, Israel, and the United States.

    In a rare move that signals a widening of military objectives, the Israeli Defense Forces targeted Evin Prison, a high-security facility housing political prisoners, dual nationals, and government critics. The operation marks a shift in Israeli strategy, extending beyond purely military targets to the symbolic and institutional pillars of the Iranian regime.

    Amid the spiraling crisis, Iran’s Parliament Speaker Mohammad Baqer Qalibaf announced that the legislature is weighing legislation to suspend all cooperation with the IAEA. Qalibaf insisted that Iran has no intention of pursuing non-peaceful nuclear activity but accused the UN nuclear watchdog of failing to maintain its neutrality and professionalism, alleging it had become politicized.

    In Vienna, IAEA Director General Rafael Grossi convened an emergency session of the agency’s Board of Governors. Grossi confirmed that key Iranian nuclear sites had been significantly damaged, though off-site radiation levels remained unchanged. He warned that the conflict presents a grave threat to the global non-proliferation regime and called for the immediate restoration of IAEA access to Iranian facilities, including those housing uranium enriched to 60 percent purity. Grossi also revealed that inspectors remain in Iran and are ready to resume oversight operations.

    “The current trajectory is deeply concerning for international security,” Grossi told the assembled board members. “We must prioritize diplomacy and the technical role of the IAEA, not allow it to be undermined by geopolitical agendas.”

    The regional impact has already begun to ripple outward. Major energy companies, including Eni, BP, and Total Energies, began emergency evacuations of foreign staff from Iraqi oilfields. Iraq’s state-run Basra Oil Company confirmed the move amid fears of broader conflict. Meanwhile, the U.S. Embassy in Qatar issued an urgent advisory instructing American citizens to remain indoors due to the volatile security situation.

    In Moscow, Russian President Vladimir Putin met with Iranian Foreign Minister Abbas Araghchi, expressing strong support for Tehran and condemning the strikes by the U.S. and Israel as an “unprovoked act of aggression.” Putin reaffirmed Russia’s commitment to its strategic alliance with Iran, while noting that he had held recent consultations with U.S. President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, UAE President Mohammed Al Nahyan, and Iranian President Masoud Pezeshkian.

    Araghchi, in turn, thanked Russia for its support and denounced the attacks as illegal violations of international law. He emphasized Iran’s right to defend its sovereignty and stated that Tehran would continue to work closely with Moscow amid the growing crisis.

    June 24, 2025
  • MIL-OSI Canada: Highland Valley Copper extension gets provincial permits

    Source: Government of Canada regional news

    The Province has fully permitted the Highland Valley Copper Mine Life Extension (HVC MLE) project west of Logan Lake.

    The extension was identified by Premier David Eby as a priority project to expedite as part of British Columbia’s efforts to diversify exports and strengthen the economy.

    The permits issued under the Mines Act, the Environmental Management Act, and the Water Sustainability Act follow the June 17, 2025, issuance of the Environmental Assessment Certificate by the ministers of mining and critical minerals, and environment and parks, and clears the way for the project to proceed.

    “British Columbia will be the economic engine to drive our whole country forward in a rapidly changing global economy. Part of our advantage is abundant resources like copper, resources in demand, everywhere,” Premier Eby said. “By accelerating approvals for Highland Valley Copper’s extension as a provincial priority, we are growing the provincial economy and creating good jobs, while doing our part to help Canada stand strong.”

    The permits build on the 17 conditions attached to the Environmental Assessment Certificate, balancing the economic benefits provided by the mine with strong protections for the environment and measures to mitigate impacts to First Nations and local communities.

    “Our government is committed to making B.C. the economic engine of Canada, and the review and approval of the HVC Mine Life Extension project shows we are making decisions and enabling economic development,” said Jagrup Brar, Minister of Mining and Critical Minerals. “Whether it’s major mine expansions like this or exploration drilling, we are taking action to develop the critical minerals the world needs while creating good family-supporting jobs here in B.C.”

    HVC is an open-pit copper mine owned by Teck Resources Ltd. approximately 17 kilometres west of Logan Lake.

    The HVC MLE will extend the life of the mine into the mid-2040s, producing an additional 900 million tonnes of ore. The expansion will also add an additional 200 jobs, bringing the workforce to more than 1,500 people.

    “Receiving regulatory approvals from the Government of B.C. is a further step forward in extending the life of Canada’s largest copper mine, supporting jobs and generating economic activity,” said Jonathan Price, president and CEO, Teck Resources. “I want to thank Indigenous governments and organizations for their meaningful participation, deep contributions and individual assessments as part of this comprehensive process, and we look forward to continuing to work in partnership with them. These positive permitting decisions position the project for a final construction sanction decision in the near term that will allow for the continuation of the social and economic benefits of HVC, including approximately 1,500 direct jobs and $500 million in annual GDP.”

    The Province carried out a combined environmental assessment and permitting process for the HVC MLE project that included a technical review table for all parties involved. Through this co-operative approach, Teck was able to submit one application that met the information requirements of all provincial regulators, providing a streamlined review. As a result, permit decisions were made almost immediately following the certificate decision, demonstrating the Province supports robust reviews that uphold environmental values, and health and safety, while providing an efficient process.

    “This decision is good news for our members at Highland Valley Copper and for workers across the region who rely on stable, family-supporting jobs,” said Scott Lunny, director, District 3, United Steelworkers union (USW). “Extending the life of this mine means increased economic certainty for hundreds of union families and their communities. We welcome the Province’s commitment to getting critical mineral projects like this across the line while maintaining Indigenous engagement and strong environmental and community standards. Our union will continue working to ensure that workers’ voices are heard as this project moves forward.”

    The project is now approved to start construction, pending a final construction decision by Teck’s board of directors.

    Quotes:

    Christine Walkem, chair of Citxw Nlaka’pamux Assembly, and Chief of Cook’s Ferry Indian Band – 

    “The Citxw Nlaka’pamux Assembly remains committed to ensuring that the voices, values and laws of the nłeʔképmx people continue to guide the implementation of the Highland Valley Copper Mine life extension project. As the project moves into the construction phase, and through the many years that remain in its extended life and into closure, we expect continued accountability, respect and collaboration from all parties. Our work through the nłeʔképmx impact assessment set a new precedent for Indigenous leadership in environmental governance, shaping the future of major developments in nłeʔképmx territory. It lays the foundation for new decision-making frameworks grounded in Indigenous laws and principles, and it creates a pathway for future generations to carry this leadership forward.”

    Kyle Wolff, president, USW local 7619 – 

    “Our members have been proud to power B.C.’s economy through their hard work at Highland Valley Copper for decades and the HVC extension project brings long-term stability and reassurance to workers, their families and the surrounding communities. We’re ready to keep doing what we do best by delivering the critical minerals that B.C. and the world depend on, and we’ll continue to make sure our members’ rights, safety and livelihoods remain a top priority as the project moves forward.”

    Michael Goehring, president and CEO, Mining Association of B.C. –

    “We are very pleased Teck Resources has received permits and authorizations required for the Highland Valley Copper Mine Life Extension project to proceed. As Canada’s largest copper mine, HVC will continue to sustain workers, suppliers and contractors in the southern Interior and across the province over the next couple of decades. This is great news in these challenging economic times.”

    Quick Facts:

    • HVC produces copper and molybdenum, both critical minerals as identified by the Government of Canada.
    • The estimated cost of the project is at least $1.5 billion.
    • Teck is now approved to modify the existing mine to continue operations until the mid-2040s, from previous production limits that would have been reached in 2028.
    • HVC MLE is expected to create approximately 2,900 jobs during the construction phase of the project.
    • The project will involve an extension of the existing open pit, as well as upgrades and modifications to some mine site infrastructure and processing facilities to support the increased production capacity, resulting in 1,526 hectares of new land disturbance.

    MIL OSI Canada News –

    June 24, 2025
  • India to conduct first comprehensive household income survey in 2026

    Source: Government of India

    Source: Government of India (4)

    In a landmark step to bridge critical data gaps in the Indian economy, the Ministry of Statistics and Programme Implementation (MoSPI) has announced that the National Sample Survey (NSS) will undertake its first full-fledged Household Income Survey in 2026. The initiative, announced today, aims to generate detailed insights into income distribution and assess the impact of structural changes in the Indian economy over the last 75 years.

    Since its inception in 1950, the NSS has built a global reputation for its wide-ranging and methodically rigorous household surveys, conducted on an annual and quarterly basis. However, despite this legacy, the NSS has yet to implement a nationwide survey focused solely on income distribution. Past attempts, including pilot surveys and efforts in the 9th and 14th rounds in the 1950s, and more structured surveys on receipts and disbursements in the 19th and 24th rounds during the 1960s and 70s, failed to yield reliable data. The key issue was the consistent underreporting of income compared to household consumption and savings.

    Recognizing the growing importance of understanding household income for policy design and economic planning, the Ministry has now resolved to address these long-standing limitations. This survey forms part of a broader initiative by MoSPI to strengthen India’s statistical infrastructure, which has recently included annual surveys on the unincorporated and services sectors, private capital expenditure, and domestic travel and tourism.

    To guide the successful execution of this ambitious survey, MoSPI has constituted a Technical Expert Group (TEG) under the chairmanship of Dr. Surjit S. Bhalla, former Executive Director for India at the International Monetary Fund. Drawing from international best practices adopted in countries such as Australia, the United States, Canada, and South Africa, the TEG will oversee the conceptual framework, survey methodology, sampling design, and estimation techniques. It will also guide the integration of digital technology in measuring wage and income impacts.

    The group is empowered to co-opt additional subject matter experts and invite special invitees to its meetings as needed, ensuring a robust and inclusive consultation process.

    June 24, 2025
  • India and the world celebrate 11th International Day of Yoga 2025 with record-breaking global participation

    Source: Government of India

    Source: Government of India (4)

    The 11th International Day of Yoga (IDY 2025) witnessed an unprecedented global celebration on June 21 with over 2,000 yoga events held across 191 countries, reinforcing yoga’s universal message of wellness, peace, and unity. Spearheaded by Prime Minister Narendra Modi, the initiative continues to emphasize India’s leadership in promoting holistic health and traditional wisdom on a global scale.

    Domestically, the scale of engagement was massive, with 13.04 lakh yoga events registered across India through the Yoga Portal by June 20. This overwhelming response from people across regions showcased a deep-rooted commitment to the practice and its role in public well-being.

    A landmark moment came from Visakhapatnam, where two Guinness World Records were set: the largest yoga gathering at a single venue with an astounding 3.02 lakh participants, and the largest mass Surya Namaskar demonstration, performed by 22,122 tribal students on June 20.

    The Ministry of Ayush, in collaboration with various government departments and local administrations, conducted fifteen iconic yoga demonstrations at culturally and geographically significant locations throughout the country. These events were designed not only to highlight the richness of India’s heritage but also to connect the practice of yoga with national spirit and natural beauty.

    Among the most challenging locations were the icy heights of the Siachen Glacier, where Indian Army personnel practiced yoga at the world’s highest battlefield. Other high-altitude sessions were held in the Galwan Valley, Rohtang Pass, and Sela Tunnel, with Border Roads Organisation (BRO) and Indo-Tibetan Border Police (ITBP) staff participating under extreme conditions. In Jammu & Kashmir, yoga was performed on the Chenab Rail Bridge — the world’s highest railway bridge — blending engineering excellence with spiritual depth.

    In the westernmost part of India, the Konark Corps of the Indian Army led a session in the Rann and Creek sector of Kutch, Gujarat. Meanwhile, India’s southernmost tip, Indira Point in the Andaman & Nicobar Islands, saw yoga performed by personnel from the Andaman & Nicobar Command. Offshore yoga also made its mark, with ONGC personnel participating on an oil rig in the Arabian Sea. On the New Pamban Bridge in Tamil Nadu, railway officials, scouts, guides, and students came together to demonstrate the theme of connectedness and flow.

    Spiritual and historical landmarks also hosted special sessions. The 91 UP Battalion of the NCC conducted yoga on the banks of the Ganga at NaMo Ghat in Varanasi, while the BSF Rajasthan Frontier held a culturally vibrant session at Kishangarh Fort in Jaisalmer. Youth athletes performed yoga in the picturesque meadows of Pahalgam and Sonmarg, Jammu & Kashmir, emphasizing harmony with nature. In a significant cross-border gesture, Indian pilgrims undertaking the Kailash Manasarovar Yatra via Nathu La practiced yoga in Bainang County, Tibet Autonomous Region, symbolizing transnational spiritual unity.

    In partnership with the Geological Survey of India, twelve yoga sessions were held at prominent Geological Heritage Sites known for their scientific, ecological, and cultural significance. These included locations like Rahioli Dinosaur Fossil Park in Gujarat, Bhimbetka Rock Shelters in Madhya Pradesh, and Arwah-Lumshynna Cave in Meghalaya, among others. These events underscored the deep connection between yoga and the Earth’s natural history, promoting the theme “Yoga for All, Yoga Everywhere.”

    Through a Whole of Government approach, the Ministry of Ayush was able to orchestrate this vast celebration with the support of multiple ministries, state governments, educational institutions, the Indian Armed Forces, yoga organizations, NGOs, and millions of practitioners worldwide.

    The Ministry expressed heartfelt gratitude to all who contributed to making IDY 2025 a historic global celebration of health, resilience, and unity, upholding yoga as not just a practice, but a living tradition that continues to inspire generations across continents.

    June 24, 2025
  • India and the world celebrate 11th International Day of Yoga 2025 with record-breaking global participation

    Source: Government of India

    Source: Government of India (4)

    The 11th International Day of Yoga (IDY 2025) witnessed an unprecedented global celebration on June 21 with over 2,000 yoga events held across 191 countries, reinforcing yoga’s universal message of wellness, peace, and unity. Spearheaded by Prime Minister Narendra Modi, the initiative continues to emphasize India’s leadership in promoting holistic health and traditional wisdom on a global scale.

    Domestically, the scale of engagement was massive, with 13.04 lakh yoga events registered across India through the Yoga Portal by June 20. This overwhelming response from people across regions showcased a deep-rooted commitment to the practice and its role in public well-being.

    A landmark moment came from Visakhapatnam, where two Guinness World Records were set: the largest yoga gathering at a single venue with an astounding 3.02 lakh participants, and the largest mass Surya Namaskar demonstration, performed by 22,122 tribal students on June 20.

    The Ministry of Ayush, in collaboration with various government departments and local administrations, conducted fifteen iconic yoga demonstrations at culturally and geographically significant locations throughout the country. These events were designed not only to highlight the richness of India’s heritage but also to connect the practice of yoga with national spirit and natural beauty.

    Among the most challenging locations were the icy heights of the Siachen Glacier, where Indian Army personnel practiced yoga at the world’s highest battlefield. Other high-altitude sessions were held in the Galwan Valley, Rohtang Pass, and Sela Tunnel, with Border Roads Organisation (BRO) and Indo-Tibetan Border Police (ITBP) staff participating under extreme conditions. In Jammu & Kashmir, yoga was performed on the Chenab Rail Bridge — the world’s highest railway bridge — blending engineering excellence with spiritual depth.

    In the westernmost part of India, the Konark Corps of the Indian Army led a session in the Rann and Creek sector of Kutch, Gujarat. Meanwhile, India’s southernmost tip, Indira Point in the Andaman & Nicobar Islands, saw yoga performed by personnel from the Andaman & Nicobar Command. Offshore yoga also made its mark, with ONGC personnel participating on an oil rig in the Arabian Sea. On the New Pamban Bridge in Tamil Nadu, railway officials, scouts, guides, and students came together to demonstrate the theme of connectedness and flow.

    Spiritual and historical landmarks also hosted special sessions. The 91 UP Battalion of the NCC conducted yoga on the banks of the Ganga at NaMo Ghat in Varanasi, while the BSF Rajasthan Frontier held a culturally vibrant session at Kishangarh Fort in Jaisalmer. Youth athletes performed yoga in the picturesque meadows of Pahalgam and Sonmarg, Jammu & Kashmir, emphasizing harmony with nature. In a significant cross-border gesture, Indian pilgrims undertaking the Kailash Manasarovar Yatra via Nathu La practiced yoga in Bainang County, Tibet Autonomous Region, symbolizing transnational spiritual unity.

    In partnership with the Geological Survey of India, twelve yoga sessions were held at prominent Geological Heritage Sites known for their scientific, ecological, and cultural significance. These included locations like Rahioli Dinosaur Fossil Park in Gujarat, Bhimbetka Rock Shelters in Madhya Pradesh, and Arwah-Lumshynna Cave in Meghalaya, among others. These events underscored the deep connection between yoga and the Earth’s natural history, promoting the theme “Yoga for All, Yoga Everywhere.”

    Through a Whole of Government approach, the Ministry of Ayush was able to orchestrate this vast celebration with the support of multiple ministries, state governments, educational institutions, the Indian Armed Forces, yoga organizations, NGOs, and millions of practitioners worldwide.

    The Ministry expressed heartfelt gratitude to all who contributed to making IDY 2025 a historic global celebration of health, resilience, and unity, upholding yoga as not just a practice, but a living tradition that continues to inspire generations across continents.

    June 24, 2025
  • MoPR partners with IIM Ahmedabad to train Panchayats in generating own source revenue

    Source: Government of India

    Source: Government of India (4)

    The Ministry of Panchayati Raj (MoPR), under the banner of Azadi Ka Amrit Mahotsav, has launched a comprehensive Training of Trainers (ToT) programme aimed at strengthening the financial autonomy of Panchayats. The three-day programme, inaugurated today at the Indian Institute of Public Administration (IIPA), New Delhi, focuses on enhancing the capacity of Panchayats to generate their Own Source Revenue (OSR). This initiative is being implemented under the Rashtriya Gram Swaraj Abhiyan (RGSA) in collaboration with the Indian Institute of Management (IIM) Ahmedabad.

    Vivek Bharadwaj, Secretary of the Ministry of Panchayati Raj, inaugurated the training session, which brought together faculty from IIM Ahmedabad, officials from IIPA, nominated Master Trainers from 16 States and Union Territories, and senior ministry officers. In his keynote address, Bharadwaj emphasized the national vision of creating Atmanirbhar Panchayats, identifying OSR as a key pillar in achieving this goal. He highlighted that the ability to raise and manage local revenues is a marker of a Panchayat’s leadership strength, public trust, and institutional maturity.

    Calling the ToT a platform for transforming knowledge into actionable practices, Shri Bharadwaj encouraged participants to return to their States equipped with strategies to foster financial independence through local innovation and community engagement. He also commended IIM Ahmedabad for its role in designing a field-oriented and research-backed training module. He urged participating States and UTs to integrate the training outcomes into their systems by institutionalizing Panchayat-level revenue planning and implementing model frameworks being developed by the Ministry. He emphasized that these steps will help create a network of trained resource persons and financially conscious Panchayat functionaries, leading to resilient, accountable, and development-ready local governments.

    Sushil Kumar Lohani, Additional Secretary, MoPR, elaborated on the Ministry’s broader efforts to empower Panchayats financially. He revealed that the Ministry is currently developing a Model OSR Rules framework following an in-depth review of State-level legislation. Additionally, a Digital Tax Collection Portal is in the works, designed to streamline tax collection, improve accountability, and ensure digital integration suited to local needs. Shri Lohani expressed confidence that this ToT would lay the foundation for replicating OSR capacity-building efforts throughout the Panchayati Raj system.

    The training modules have been crafted by IIM Ahmedabad’s faculty to focus on practical implementation, behavioural insights, and peer learning. Key areas covered include the fundamentals of OSR, strategic revenue enhancement methods, behavioural science in tax collection, revenue utilization for village development, innovative financing mechanisms, revenue planning, and project management for effective implementation of Gram Panchayat Development Plans (GPDPs).

    Addressing the gathering, Prof. Ranjan Kumar Ghosh from IIM Ahmedabad lauded the Ministry’s commitment to integrating OSR into mainstream Panchayati Raj governance. He underscored the significance of the training as a chance for participants to shift their perspective on local governance—from a compliance-driven model to one based on proactive planning, citizen involvement, and financial independence.

    The session also showcased inspiring case studies from high-performing Gram Panchayats in Odisha, Gujarat, Goa, Uttar Pradesh, Maharashtra, and the Andaman & Nicobar Islands, illustrating innovative approaches to revenue generation. A total of 65 Master Trainers from 16 States and UTs are taking part in this round of training, with a second ToT scheduled for early July to cover the remaining regions. The programme is designed to have a cascading impact, with trained participants expected to support implementation and adaptation efforts at the State level.

    June 24, 2025
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