Category: India

  • MIL-OSI Asia-Pac: Doctors, Sportspersons and people from different walks of life support PM’s clarion call to fight obesity and reduce oil consumption

    Source: Government of India

    Doctors, Sportspersons and people from different walks of life support PM’s clarion call to fight obesity and reduce oil consumption

    Actor Akshay Kumar praises PM’s message and highlights the importance of good health

    WHO South-East Asia highlights PM’s call for regular physical activity and a balanced nutritious diet

    Doctors from across the country and of multiple specialities speak out in support of PM’s call to action against obesity

    Posted On: 31 JAN 2025 6:25PM by PIB Delhi

    Prime Minister Shri Narendra Modi recently gave a clarion call to fight obesity and reduce oil consumption. This has received wide support from doctors, sportspersons as well as people from different walks of life.

    During his address at the opening ceremony of 38th National Games in Dehradun, Prime Minister discussed how the problem of obesity is increasing rapidly in the country which is  a matter of concern because obesity increases the risk of diseases like diabetes, heart disease. Talking about the Fit India Movement, he spoke about the importance of exercise and diet, with focus on balanced intake. He underlined the importance of reducing unhealthy fat and oil in food, and gave the novel suggestion of reducing daily oil consumption by 10%.

    Actor Akshay Kumar praised the Prime Minister’s message and highlighted the importance of good health.

    The health fraternity has come out in huge numbers supporting the Prime Minister’s clarion call. The World Health Organization South-East Asia highlighted Prime Minister’s call for regular physical activity and a balanced nutritious diet.

    Gautam Khanna, CEO, P. D. Hinduja Hospital, called it a timely message on the importance of reducing obesity and associated risks.

    Dr Harsh Mahajan, Founder & Chairman, Mahajan Imaging & Labs lauded Prime Minister’s call to action to fight against obesity.

    Dr Shuchin Bajaj, Founder Director, Ujala Cygnus Healthcare Services said obesity is a serious challenge which we as a country have to fight immediately and together.

    Various other doctors too spoke in support of the importance of tackling the menace of obesity.

    Several hospitals, medical bodies and associations too came out in support of the movement against obesity, including Indian Dental Association, Tata Memorial Hospital, Endocrine Society of Delhi, among others.

    Sportspersons too have spoken in support of the call given by the Prime Minister. Boxer Vijender Singh said that the campaign launched by PM Modi regarding balanced diet, exercise and health is commendable.

    Fitness coach Mickey Mehta and World Championship bronze medalist boxer Gaurav Bidhuri have also spoken in support of the initiative by the Prime Minister.

    *****

    MJPS/SR/SKS

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  • MIL-OSI Asia-Pac: DRDO-Industry-Academia Centre of Excellence at IIT Hyderabad demonstrates Large Area Additive Manufacturing System

    Source: Government of India (2)

    Posted On: 31 JAN 2025 6:06PM by PIB Delhi

    A groundbreaking breakthrough has been achieved in DRDO-Industry-Academia Centre of Excellence (DIA-CoE) at IIT Hyderabad in the area of Large Area Additive Manufacturing (LAAM) System. The collaborative efforts between IIT Hyderabad, DRDO’s Defence Research & Development Laboratory, Hyderabad and industry partners have significantly contributed to the achievement for overall growth of additive manufacturing in the country. The application demonstration of the LAAM System is based on Powder based Directed Energy Deposition technology for Fabrication of Rocket Components.

    The indigenously designed machine has a build volume of 1m x 1m x 3m, which makes it one of the largest metal additive manufacturing machines in India. The process is based on Laser and Blown-Powder based Direct Energy Deposition technology and employs dual heads for thermal balancing and speed.

    Recently, a significant milestone has been achieved in the fabrication of a component that is one meter in height, bringing it into the large size league in the process of creating large-sized components using additive manufacturing.

    Secretary, Department of Defence R&D and Chairman DRDO Dr Samir V Kamat congratulated DIA-CoE, IIT Hyderabad for the design and development and demonstration of LAAM System. This will open up new possibilities for large-scale production of metal parts, paving the way for growth and innovation in the area of additive manufacturing in the country, he said.

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    SR/Savvy

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  • MIL-OSI Asia-Pac: The Economic survey aptly reflects the robust expansion of India’s power sector, which has witnessed significant strides under our government’s initiatives: Shri Manohar Lal

    Source: Government of India (2)

    The Economic survey aptly reflects the robust expansion of India’s power sector, which has witnessed significant strides under our government’s initiatives: Shri Manohar Lal

    We are committed to ensuring uninterrupted and affordable electricity for every citizen while steering India towards becoming a major energy exporter by 2047: Shri Manohar Lal

    Posted On: 31 JAN 2025 6:05PM by PIB Delhi

    The Economic Survey 2024-25, presented in Parliament today, underscores the remarkable progress of India’s power sector, driven by transformative policy measures and sustained reforms, remarked Union Minister for Power and Housing & Urban Affairs Shri Manohar Lal .

    Hon’ble Minister for Power and Housing & Urban Affairs, Shri Manohar Lal, lauded the sector’s achievements, emphasizing its financial viability and environmental sustainability.

    India’s installed power capacity grew by 7.2% YoY, reaching 456.7 GW in November 2024, with renewable energy contributing 47% (209.4 GW). Under ₹1.85 lakh crore investments, 18,374 villages were electrified, benefiting 2.9 crore households. The Revamped Distribution Sector Scheme (₹3 lakh crore) focuses on power supply and smart meters. PM Surya Ghar: Muft Bijli Yojana targets 40-45 GW rooftop solar by 2027, while ₹7,453 crore VGF supports offshore wind energy. The Green Energy Corridor added 9,136 circuit km transmission lines, improving power supply (urban: 23.4 hrs/day, rural: 21.9 hrs/day) and reducing the energy gap to 0.1%.

    “The survey aptly reflects the robust expansion of India’s power sector, which has witnessed significant strides under our government’s initiatives. We are committed to ensuring uninterrupted and affordable electricity for every citizen while steering India towards becoming a major energy exporter by 2047, in line with the vision of Viksit Bharat,” the Union Minister stated.

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  • MIL-OSI Asia-Pac: The Economic survey reaffirms the significant strides we have taken in strengthening the urban infrastructure : Shri Manohar Lal

    Source: Government of India (2)

    The Economic survey reaffirms the significant strides we have taken in strengthening the urban infrastructure : Shri Manohar Lal

    The government remains committed to building a future-ready infrastructure ecosystem that supports economic growth and improves the quality of life for all : Shri Manohar

    Posted On: 31 JAN 2025 6:03PM by PIB Delhi

    The Economic Survey 2025, presented in Parliament today, underscores the remarkable progress made in India’s infrastructure sector, driven by the government’s strategic policies and sustained development efforts.

    Hon’ble Minister for Housing and Urban Affairs, Shri Manohar Lal, lauded these advancements, highlighting their critical role in fostering inclusive and sustainable growth.

    “The survey reaffirms the significant strides we have taken in strengthening the urban infrastructure. The expansion of metro rail networks crossing the 1000 km of network length has greatly enhanced urban mobility, making cities more accessible and efficient. Additionally, the achievements of the Swachh Bharat Abhiyan have played a transformative role in improving sanitation and cleanliness across the country. These efforts are key to realizing the vision of Viksit Bharat, ensuring modern, sustainable, and well-connected infrastructure for every citizen,” the Union Minister stated.

    The Pradhan Mantri Awas Yojana – Urban (PMAY-U), launched in 2015, has sanctioned 1.18 crore houses, with 89 lakh completed as of November 2024. PMAY-U 2.0 aims to assist 1 crore more households.  The Smart Cities Mission has 7,479 projects worth ₹1.50 lakh crore completed, including 35,000+ affordable housing units, 1,700 km of smart roads, and 16 lakh LED streetlights. AMRUT has expanded tap water coverage to 70%, sewerage to 62%, and added 5,070 acres of green space across 500 cities.

    With a continued focus on smart urban planning, enhanced public transportation, and sustainable development, the government remains committed to building a future-ready infrastructure ecosystem that supports economic growth and improves the quality of life for all , remarked Union Minister Shri Manohar Lal.

     

     

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  • MIL-OSI Asia-Pac: DGFT streamlines export regulations in alignment with Ministry of Health & Family Welfare regulatory framework

    Source: Government of India (2)

    DGFT streamlines export regulations in alignment with Ministry of Health & Family Welfare regulatory framework

    Track and Trace System provisions for pharmaceutical exports under Foreign Trade Policy withdrawn

    Posted On: 31 JAN 2025 5:06PM by PIB Delhi

    The Directorate General of Foreign Trade (DGFT) has decided to streamline export regulations by aligning with the evolving regulatory framework of the Ministry of Health & Family Welfare (MoH&FW). Accordingly, the provisions related to the Track and Trace System for pharmaceutical exports under the Foreign Trade Policy (FTP) are being withdrawn.

    The Track and Trace System, introduced via Public Notice dated 10th January 2011, mandated barcoding at various packaging levels. While tertiary and secondary packaging requirements were successfully implemented in 2011 and 2013, primary-level barcoding and parent-child data uploading faced operational challenges and were repeatedly deferred, with the last extension valid until 1st February 2025.

    The decision to withdraw these provisions is based on the following key considerations:

    • MoH&FW has already implemented barcode/QR code requirements for 300 drug brands under the Drugs Rules, 1945, effective 1st August 2023, with plans for further expansion.
    • Most export destinations have their own serialization requirements, ensuring product traceability without additional domestic regulations.
    • MoH&FW, as the primary regulatory authority, provides a unified framework through the Central Drugs Standard Control Organization (CDSCO), ensuring consistency and eliminating duplication.

    With this step, DGFT is enhancing ease of doing business for pharmaceutical exporters while ensuring regulatory coherence. Accordingly, the provisions under Para 2.76 of the Handbook of Procedures (HBP) 2023 have been withdrawn.

    *****

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  • MIL-OSI Asia-Pac: INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR DECEMBER, 2024

    Source: Government of India (2)

    Posted On: 31 JAN 2025 5:00PM by PIB Delhi

    The combined Index of Eight Core Industries (ICI) increased by 4.0 per cent (provisional) in December, 2024 as compared to the Index in December, 2023. The production of Coal, Electricity, Steel, Cement, Refinery Products, Fertilizers and Crude Oil recorded positive growth in December 2024. The details of annual indices, monthly indices and growth rates are provided at Annex I and Annex II.

    2.         The ICI measures the combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).

    3.         The final growth rate of Index of Eight Core Industries for September 2024 increased by 2.4 per cent. The cumulative growth rate of ICI during April to December, 2024-25 is 4.2 per cent (provisional) as compared to the corresponding period of last year.

    4.         The summary of the Index of Eight Core Industries is given below:

    Coal – Coal production (weight: 10.33 per cent) increased by 5.3 per cent in December, 2024 over December, 2023. Its cumulative index increased by 6.2 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Crude Oil – Crude Oil production (weight: 8.98 per cent) increased by 0.6 per cent in December, 2024 over December, 2023. Its cumulative index declined by 2.1 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Natural Gas – Natural Gas production (weight: 6.88 per cent) declined by 1.8 per cent in December, 2024 over December, 2023. Its cumulative index increased by 0.7 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Petroleum Refinery Products – Petroleum Refinery production (weight: 28.04 per cent) increased by 2.8 per cent in December, 2024 over December, 2023. Its cumulative index increased by 2.7 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Fertilizers – Fertilizer production (weight: 2.63 per cent) increased by 1.7 per cent in December, 2024 over December, 2023. Its cumulative index increased by 1.6 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Steel – Steel production (weight: 17.92 per cent) increased by 5.1 per cent in December, 2024 over December, 2023. Its cumulative index increased by 5.8 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Cement – Cement production (weight: 5.37 per cent) increased by 4.0 per cent in December, 2024 over December, 2023. Its cumulative index increased by 3.3 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Electricity – Electricity generation (weight: 19.85 per cent) increased by 5.1 per cent in December, 2024 over December, 2023. Its cumulative index increased by 5.3 per cent during April to December, 2024-25 over corresponding period of the previous year.

    Note 1: Data for October, 2024, November, 2024 and December, 2024 are provisional. Index numbers of Core Industries are revised/finalized as per updated data from source agencies.

    Note 2: Since April 2014, Electricity generation data from Renewable sources are also included.

    Note 3: The industry-wise weights indicated above are individual industry weights derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.

    Note 4: Since March 2019, a new steel product called Hot Rolled Pickled and Oiled (HRPO) under the item ‘Cold Rolled (CR) coils’ within the production of finished steel has also been included.

    Note 5: Release of the index for January, 2025 will be on Friday 28th February, 2025.

    Annex I

    Performance of Eight Core Industries

    Yearly Index & Growth Rate

    Base Year: 2011-12=100

    Index

    Sector

    Coal

    Crude Oil

    Natural Gas

    Refinery Products

    Fertilizers

    Steel

    Cement

    Electricity

    Overall Index

    Weight

    10.33

    8.98

    6.88

    28.04

    2.63

    17.92

    5.37

    19.85

    100.00

    2012-13

    103.2

    99.4

    85.6

    107.2

    96.7

    107.9

    107.5

    104.0

    103.8

    2013-14

    104.2

    99.2

    74.5

    108.6

    98.1

    115.8

    111.5

    110.3

    106.5

    2014-15

    112.6

    98.4

    70.5

    108.8

    99.4

    121.7

    118.1

    126.6

    111.7

    2015-16

    118.0

    97.0

    67.2

    114.1

    106.4

    120.2

    123.5

    133.8

    115.1

    2016-17

    121.8

    94.5

    66.5

    119.7

    106.6

    133.1

    122.0

    141.6

    120.5

    2017-18

    124.9

    93.7

    68.4

    125.2

    106.6

    140.5

    129.7

    149.2

    125.7

    2018-19

    134.1

    89.8

    69.0

    129.1

    107.0

    147.7

    147.0

    156.9

    131.2

    2019-20

    133.6

    84.5

    65.1

    129.4

    109.8

    152.6

    145.7

    158.4

    131.6

    2020-21

    131.1

    80.1

    59.8

    114.9

    111.6

    139.4

    130.0

    157.6

    123.2

    2021-22

    142.3

    77.9

    71.3

    125.1

    112.4

    163.0

    156.9

    170.1

    136.1

    2022-23

    163.5

    76.6

    72.4

    131.2

    125.1

    178.1

    170.6

    185.2

    146.7

    2023-24

    182.7

    77.1

    76.8

    135.9

    129.8

    200.4

    185.7

    198.3

    157.8

    Apr-Dec 2023-24

    167.2

    77.1

    76.5

    135.0

    132.5

    196.1

    180.3

    199.0

    155.1

    Apr-Dec 2024-25*

    177.6

    75.5

    77.1

    138.7

    134.6

    207.5

    186.3

    209.6

    161.6

        *Provisional

    Growth Rates (on Y-o-Y basis in per cent)

    Sector

    Coal

    Crude Oil

    Natural Gas

    Refinery Products

    Fertilizers

    Steel

    Cement

    Electricity

    Overall Growth

    Weight

    10.33

    8.98

    6.88

    28.04

    2.63

    17.92

    5.37

    19.85

    100.00

    2012-13

    3.2

    -0.6

    -14.4

    7.2

    -3.3

    7.9

    7.5

    4.0

    3.8

    2013-14

    1.0

    -0.2

    -12.9

    1.4

    1.5

    7.3

    3.7

    6.1

    2.6

    2014-15

    8.0

    -0.9

    -5.3

    0.2

    1.3

    5.1

    5.9

    14.8

    4.9

    2015-16

    4.8

    -1.4

    -4.7

    4.9

    7.0

    -1.3

    4.6

    5.7

    3.0

    2016-17

    3.2

    -2.5

    -1.0

    4.9

    0.2

    10.7

    -1.2

    5.8

    4.8

    2017-18

    2.6

    -0.9

    2.9

    4.6

    0.03

    5.6

    6.3

    5.3

    4.3

    2018-19

    7.4

    -4.1

    0.8

    3.1

    0.3

    5.1

    13.3

    5.2

    4.4

    2019-20

    -0.4

    -5.9

    -5.6

    0.2

    2.7

    3.4

    -0.9

    0.9

    0.4

    2020-21

    -1.9

    -5.2

    -8.2

    -11.2

    1.7

    -8.7

    -10.8

    -0.5

    -6.4

    2021-22

    8.5

    -2.6

    19.2

    8.9

    0.7

    16.9

    20.8

    8.0

    10.4

    2022-23

    14.8

    -1.7

    1.6

    4.8

    11.3

    9.3

    8.7

    8.9

    7.8

    2023-24

    11.8

    0.6

    6.1

    3.6

    3.7

    12.5

    8.9

    7.1

    7.6

    Apr-Dec 2023-24

    12.5

    -0.3

    5.6

    4.9

    6.2

    14.0

    9.4

    7.0

    8.3

    Apr-Dec 2024-25*

    6.2

    -2.1

    0.7

    2.7

    1.6

    5.8

    3.3

    5.3

    4.2

      *Provisional.

       Y-o-Y is calculated over the corresponding financial year of previous year

    Annex II

    Performance of Eight Core Industries

    Monthly Index & Growth Rate

    Base Year: 2011-12=100

    Index

    Sector

    Coal

    Crude Oil

    Natural Gas

    Refinery Products

    Fertilizers

    Steel

    Cement

    Electricity

    Overall Index

    Weight

    10.33

    8.98

    6.88

    28.04

    2.63

    17.92

    5.37

    19.85

    100.00

    Dec-23

    204.3

    77.4

    79.5

    145.0

    137.5

    206.7

    191.9

    181.6

    161.2

    Jan-24

    219.6

    78.8

    79.3

    135.9

    135.0

    217.8

    192.2

    197.2

    165.4

    Feb-24

    212.1

    73.5

    74.5

    132.5

    113.3

    202.9

    194.3

    187.2

    157.7

    Mar-24

    256.0

    78.9

    79.3

    147.0

    116.6

    219.8

    219.4

    204.2

    175.0

    Apr-24

    173.3

    76.3

    74.8

    137.9

    117.8

    210.0

    192.3

    212.0

    161.7

    May-24

    184.7

    77.9

    78.7

    141.8

    135.9

    209.7

    190.6

    229.3

    168.2

    Jun-24

    186.4

    74.4

    75.8

    134.1

    134.0

    204.0

    198.5

    222.8

    163.7

    Jul-24

    163.0

    76.6

    78.0

    143.3

    138.8

    205.1

    174.6

    220.2

    162.8

    Aug-24

    138.2

    75.7

    77.4

    134.0

    137.5

    206.6

    177.4

    212.3

    156.3

    Sep-24

    151.8

    72.0

    75.8

    134.1

    134.8

    202.0

    178.8

    206.9

    155.4

    Oct-24*

    186.0

    74.6

    79.3

    135.5

    136.9

    211.8

    187.2

    207.8

    162.2

    Nov-24*

    199.6

    73.9

    75.7

    138.4

    136.2

    201.0

    177.6

    184.1

    157.0

    Dec-24*

    215.1

    77.9

    78.1

    149.1

    139.8

    217.3

    199.6

    190.8

    167.6

        *Provisional

    Growth Rates (on Y-o-Y basis in per cent)

    Sector

    Coal

    Crude Oil

    Natural Gas

    Refinery Products

    Fertilizers

    Steel

    Cement

    Electricity

    Overall Growth

    Weight

    10.33

    8.98

    6.88

    28.04

    2.63

    17.92

    5.37

    19.85

    100.00

    Dec-23

    10.8

    -1.0

    6.7

    4.1

    5.9

    8.3

    3.8

    1.2

    5.1

    Jan-24

    10.6

    0.6

    5.5

    -4.3

    -0.6

    9.2

    4.1

    5.7

    4.2

    Feb-24

    11.6

    7.9

    11.2

    2.6

    -9.5

    9.4

    7.8

    7.6

    7.1

    Mar-24

    8.7

    2.1

    6.3

    1.6

    -1.3

    7.5

    10.6

    8.6

    6.3

    Apr-24

    7.5

    1.7

    8.6

    3.9

    -0.8

    9.8

    0.2

    10.2

    6.9

    May-24

    10.2

    -1.1

    7.5

    0.5

    -1.7

    8.9

    -0.6

    13.7

    6.9

    Jun-24

    14.8

    -2.6

    3.3

    -1.5

    2.4

    6.3

    1.8

    8.6

    5.0

    Jul-24

    6.8

    -2.9

    -1.3

    6.6

    5.3

    7.0

    5.1

    7.9

    6.3

    Aug-24

    -8.1

    -3.4

    -3.6

    -1.0

    3.2

    4.1

    -2.5

    -3.7

    -1.5

    Sep-24

    2.6

    -3.9

    -1.3

    5.8

    1.9

    1.8

    7.6

    0.5

    2.4

    Oct-24*

    7.8

    -4.8

    -1.2

    5.2

    0.4

    5.2

    3.1

    2.0

    3.7

    Nov-24*

    7.5

    -2.1

    -1.9

    2.9

    2.0

    4.4

    13.5

    4.4

    4.4

    Dec-24*

    5.3

    0.6

    -1.8

    2.8

    1.7

    5.1

    4.0

    5.1

    4.0

       *Provisional.

       Y-o-Y is calculated over the corresponding financial year of previous year

         *****

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  • MIL-OSI Asia-Pac: Ground Level Agriculture Credit Disbursement reaches 19.28 lakh crore for FY 2024-25 with special focus on allied activities

    Source: Government of India (2)

    Ground Level Agriculture Credit Disbursement reaches 19.28 lakh crore for FY 2024-25 with special focus on allied activities

    Agricultural credit disbursement witnesses an average annual growth rate of more than 13% over the past decade

    Posted On: 31 JAN 2025 4:58PM by PIB Delhi

    In order to boost the credit to the rural sector with the help of effective and hassle-free agriculture credit, the Government has been fixing annual targets for Ground Level Agriculture Credit (GLC). Over the past decade (2014-15 to 2023-24), agricultural credit disbursement has witnessed an average annual growth rate of more than 13%, reflecting the increasing financial support extended to the sector. In the financial year 2023-24, agricultural credit disbursement reached ₹25.48 lakh crore. For FY 2024-25 the Government of India has set GLC target of ₹27.5 lakh crore with a dedicated sub-target of ₹4.20 lakh crore for allied activities viz. Dairy, Poultry, Sheep Goat Piggery, Fisheries and Animal Husbandry-Others. This marks more than threefold increase in Ground Level Credit (GLC) target, which has grown from ₹8 lakh crore in FY 2014-15 to ₹27.5 lakh crore in FY 2024-25. This underscores the substantial progress made in agricultural and allied sector credit disbursement, highlighting the effectiveness of targeted credit policies in meeting sectoral demands.

    Against the target of ₹27.50 lakh crore, agriculture credit to the tune of ₹19.28 lakh crore has been disbursed as of 31.12.2024, registering 70% achievement.

    ****

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  • MIL-OSI Asia-Pac: Evolve into strategic advisors, ethical guardians & innovators to stay relevant in this technology-driven environment: Raksha Mantri to CAs at World Forum of Accountants

    Source: Government of India

    Posted On: 31 JAN 2025 4:30PM by PIB Delhi

    Raksha Mantri Shri Rajnath Singh has called upon the Chartered Accountants (CAs) to evolve into strategic advisors, ethical guardians and innovators in order to stay relevant in the present dynamic & technology-driven environment. Addressing the inaugural session of the World Forum of Accountants organised by the Institute of Chartered Accountants of India (ICAI) in New Delhi on January 31, 2025, Shri Rajnath Singh termed ‘new set of skills, including critical thinking, emotional intelligence & adaptability’ as an essential requirement in today’s times.

    Underscoring the extraordinary pace of technological advancements, Raksha Mantri stated that the corporate landscape was once dominated by large, centralised organisations, and this status quo has been challenged by the active surge in the number of start-ups. He pointed out that transnational trade is now a reality, with organisations growing larger and more intricate, resulting in information explosion.

    “This dynamic environment demands constant innovation. The traditional ways of processing and analysing information are being challenged by new innovations whose value is still not clear. These realities mean that as accountants, you must not only learn continuously but also innovate and adapt to stay ahead of the curve. You are the guardians of trust, the gatekeepers of accountability, and ultimately, the custodians of prosperity in this ever-evolving world. The future not only demands expertise, but also courage & creativity to innovate and uphold the highest standards of your profession,” Shri Rajnath Singh told the CAs present on the occasion.

    Asserting that India is a resurgent power on the global stage and the businesses & reputation of Indian professionals are thriving internationally, Raksha Mantri acknowledged the recognition earned by the CAs for their trustworthiness and expertise. “For CAs, signature is not just a symbol, but also a representation of trust, integrity and professionalism. It has the ability to influence financial decisions, shape businesses and impact lives of one & all,” he added.

    Shri Rajnath Singh phrased ‘accountants’ as the sentinels of organisational transparency, tasked with disseminating crucial information about profits, losses, cash flows, balance sheets, assets and liabilities. He stated that being trustworthy, truthful, and maintaining integrity are fundamental individual values for any accountant, terming them as the cornerstone of the collective ethos that upholds the credibility of the entire financial ecosystem.

    Raksha Mantri lauded the dedication and commitment of CAs who, he said, have been instrumental in the growth of the country. To the accountants of friendly countries present on the occasion, he stated that India is open to business, and it means business. “We are willing to learn, adapt and share our expertise. We are ready to invest in our shared planetary future,” he said.

    The theme of the three-day event is ‘Accountability Meets Innovation (AI): For a Sustainable Planet’. It aims to deliberate on a number of themes, including the Future of Finance and Accounting, Accountancy as a Catalyst for Sustainable Development, Accountants as Business Advisors, Building Trust and Public Confidence, Accountants as climate change leaders, AI in Sustainability Reporting, Ethical AI in Accounting, AI-Driven Risk Management for Sustainability.

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    VK/SR/Savvy

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Government Approves Participation of Indian Contingent at 9th Asian Winter Games 2025

    Source: Government of India (2)

    Posted On: 31 JAN 2025 4:16PM by PIB Delhi

    In a landmark move to foster winter sports in India, the Government of India has approved the participation of the Indian contingent at the 9th Asian Winter Games (AWG) 2025, scheduled to be held from 7th to 14th February in Harbin, China. The Government has given clearance for participation of 88-member Indian contingent which includes 59 athletes and 29 team officials.

    For the first time, full financial support is being extended under the Assistance to National Sports Federations (ANSF) Scheme to athletes competing in Alpine Skiing, Cross-Country Skiing, Figure Skating, Short Track Speed Skating, and Speed Skating (Long Track).

    This significant decision highlights the Government’s commitment to promoting winter sports and providing Indian athletes with opportunities to compete at the highest levels in Asia. 

    This is the first occasion where the Government of India has formally extended financial support for the country’s participation at the Asian Winter Games. This decision underscores the Government’s focus on transparency and merit-based selection in sports governance. 

    The Asian Winter Games provide a crucial platform for Indian athletes to showcase their talent and compete with some of the best in the world, setting the stage for future global competitions. The Government’s structured approach not only promotes transparency in team selection but also strengthens India’s resolve to become a formidable contender in winter sports. 

    The Ministry of Youth Affairs and Sports extends its best wishes to all participating athletes and reaffirms its commitment to supporting the growth of winter sports in India. 

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    Himanshu Pathak

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    MIL OSI Asia Pacific News

  • MIL-OSI Security: U.S. Attorney’s Office, FBI, DEA, and EPA Announce Indictment in Massive Marijuana Cultivation Scheme

    Source: Federal Bureau of Investigation (FBI) State Crime News

    ALBUQUERQUE – A federal grand jury has indicted three individuals for their alleged roles in a large-scale marijuana cultivation and distribution operation. The indictment charges Dineh Benally, 48, his father, Donald Benally, 74, and Irving Rea Yui Lin, 73, a California resident, with multiple offenses related to the illegal marijuana operation.

    The charges include conspiracy to manufacture and distribute marijuana, manufacture of 1,000 kilograms and more of marijuana and 1,000 and more marijuana plants, possession with intent to distribute 1,000 kilograms and more of marijuana and 1,000 and more marijuana plants, maintaining drug-involved premises, and two counts of knowingly discharging pollutants into waters of the United States without a permit.

    According to the indictment, the operation involved:

    • 25 farms covering approximately 400 acres in the Shiprock area
    • Construction of approximately 1,107 cannabis greenhouses
    • Solicitation of Chinese investors to fund the operation
    • Recruitment of Chinese workers to cultivate the marijuana

    The defendants are also accused of violating the Clean Water Act by discharging pollutants into the San Juan River, filling in a channel along the San Juan River dam, and installing a sandbag dam along the San Juan River. These actions potentially caused significant environmental damage to the area.

    The sandbag dam was installed so that water would pool at a separate location to be used to irrigate the marijuana crops.

    In November 2020, law enforcement seized approximately 60,000 pounds of marijuana and approximately 260,000 marijuana plants from the twenty-five marijuana farms allegedly operated and controlled by the defendants.

    On January 23, 2025, during a raid on two additional marijuana farms operated by Dineh Benally in Estancia, New Mexico (as well as his residence), law enforcement identified 10 Chinese workers and seized approximately 8,500 pounds of marijuana, $35,000 cash, illegal pesticides, 43 grams of methamphetamine, two firearms, and a bullet proof vest, among many other things.

    Benally’s illegal marijuana growing operation that spans two farms in Estancia, New Mexico

    “The Department of Justice will protect the sanctity of the ancestral lands and waters of our Tribal partners from those who would exploit them for profit,” said U.S. Attorney Uballez.

    “The FBI remains committed to continue to dismantle criminal organizations operating in New Mexico.” said Raul Bujanda, Special Agent in Charge of the FBI Albuquerque Division. “Effective law enforcement requires strong partnerships at every level. This operation is a testament to the power of collaboration between state, local, tribal, and federal agencies to ensure justice is served and our communities are protected.

    If convicted, the defendants each face no less than 10 years and up to life in prison.

    U.S. Attorney Alexander M.M. Uballez and Raul Bujanda, Special Agent in Charge of the FBI Albuquerque Field Office, and Kim Bahney, Special Agent in Charge of the Dallas Area Office of the EPA Criminal Investigation Division, made the announcement today.

    The FBI Albuquerque Field Office and U.S. Environmental Protection Agency investigated this case with the assistance of the Bureau of Indian Affairs, U.S. Drug Enforcement Administration, Internal Revenue Service, and the Navajo Nation Police Department. In addition, the following law enforcement agencies participated in the law enforcement operation: Torrance County Sheriff’s Office, Valencia County Sheriff’s Office, United States Border Patrol, Homeland Security Investigations, New Mexico Department of Justice, New Mexico State Police, and the FBI El Paso Field Office. Assistant U.S. Attorney Matthew McGinley is prosecuting the case.

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    MIL Security OSI

  • MIL-OSI USA: ICE Seattle arrests 4 illegal aliens with criminal convictions, charges for sexual assault

    Source: US Immigration and Customs Enforcement

    January 31, 2025Seattle, United StatesEnforcement and Removal

    SEATTLE — U.S. Immigration and Customs Enforcement recently arrested four criminal aliens with convictions or charges related to sexual assault:

    • Pedro Garcia-Lopez, 47, a citizen of Mexico arrested Jan. 30 in Yakima, Washington, who has been charged with theft, lewd acts with child under 14, and sexual battery.
    • Rubi Jeronimo Cruz, 22, a citizen of Guatemala arrested Jan. 30 in Lynden, Washington, convicted of DUI with reckless driving and charged with rape of a child.
    • Manuel De Jesus Zavala-Martinez,40, a citizen of El Salvador arrested Jan. 29 in Centralia, Washington, with several criminal convictions including assault with sexual motivation and assault with a deadly weapon.
    • Jaspal Singh, 29, a citizen of India arrested Jan. 29 in Tukwila, Washington, charged with assault with sexual motivation.

    “Protecting our communities, and preventing further victimization is of paramount importance to ICE throughout the Pacific Northwest,” said ICE Enforcement and Removal Operations Seattle Field Office Director Drew H. Bostock. “These arrests reinforce the message that the presence of illegal criminal threats will not be tolerated.”

    All four individuals will remain in ICE custody pending removal proceedings.

    Members of the public with information regarding child sex offenders can report crimes or suspicious activity by dialing the ICE Tip Line at 866-DHS-2-ICE (866-347-2423) or completing the online tip form.

    Learn more about ICE’s mission to increase public safety in your community on X at @EROSeattle.

    MIL OSI USA News

  • MIL-OSI USA: Governor Josh Stein Announces $30 Million Public-Private Partnership to Fund Grants for Small Businesses Impacted by Hurricane Helene

    Source: US State of North Carolina

    Headline: Governor Josh Stein Announces $30 Million Public-Private Partnership to Fund Grants for Small Businesses Impacted by Hurricane Helene

    Governor Josh Stein Announces $30 Million Public-Private Partnership to Fund Grants for Small Businesses Impacted by Hurricane Helene
    bwood

    Raleigh, NC

    Today in Boone, Governor Josh Stein joined Dogwood Health Trust to announce a $30 million small business grant program to support businesses impacted by Hurricane Helene and bolster economic recovery. Small businesses with an annual revenue of up to and including $2.5 million are eligible to apply for grants up to $50,000 from the Western North Carolina Small Business Initiative grant program. 

    “Small businesses are the heart of western North Carolina and need our support to get through these slow winter months,” said Governor Josh Stein. “The Western North Carolina Small Business grant program will help small businesses with their urgent needs and support the region’s economic recovery. I am proud these state dollars are leveraging additional Dogwood Trust dollars, and I am grateful to Dogwood for its leadership.” 

    “As a private foundation committed to Western North Carolina’s health and wellbeing, Dogwood Health Trust created the Western North Carolina Small Business Initiative last fall as part of our larger Helene relief efforts to provide grants to small businesses most impacted by the storm. These businesses are vital to the health of our communities,” said Dogwood President and CEO Dr. Susan Mims. “We are proud to expand our support alongside the state of North Carolina and encourage more philanthropic organizations to support this critical effort.” 

    Governor Stein also announced that the state is awarding $3 million to Baptists on Mission and $3 million to Habitat for Humanity NC to support their housing repair initiatives. Every day, both organizations are mobilizing hundreds of volunteers to repair and rebuild homes that are safe and habitable. 

    “Our volunteers are working day in and day out to get homeowners back into their homes as quickly as possible,” said Richard Brunson, Executive Director of Baptists on Mission. “We are grateful for Governor Stein’s support to ensure this work can continue to help the people of western North Carolina recover from this devastating storm.”

    “We have seen tremendous need across the western North Carolina region, and people want more than anything to be back in their homes,” said Marlowe Foster, President & CEO of Habitat for Humanity North Carolina. “We thank Governor Stein for recognizing the needs of this region and giving us the tools to continue helping families rebuild.” 

    In the wake of Helene, impacted businesses lost $13 billion in revenue. These grants will help businesses make payroll, pay operating expenses, and stabilize the local economy as tourism slowly ramps up again.

    Funds will be managed by Appalachian Community Capital, with the partnership of the Community Reinvestment Fund on the application process. Eligible businesses can apply through the portal here. Eligibility requirements are below: 

    • Businesses with an annual revenue of up to and including $2.5 million

    • Businesses in the 28 counties and the Eastern Band of Cherokee Indians that are covered by President Biden’s federal disaster declaration or in Dogwood Health Trust’s 18-county footprint, including:  Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Cherokee, Clay, Cleveland, Gaston, Graham, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Surry, Swain, Transylvania, Watauga, Wilkes, Yadkin, Yancey.   

    Jan 31, 2025

    MIL OSI USA News

  • MIL-OSI Security: Sin City Deciples Member Sentenced to 36 Months in Prison

    Source: Office of United States Attorneys

    HAMMOND- Yesterday, Brandon Romand Parks “Baywatch,” age 46, of Chicago, Illinois, was sentenced by United States District Court Judge Philip P. Simon after being found guilty of racketeering conspiracy following an 18-day jury trial, announced Acting United States Attorney Tina L. Nommay.

    Parks was sentenced to 36 months in prison followed by 1 year of supervised release. 

    According to the Second Superseding Indictment, the Sin City Deciples, originally formed in 1967 in Gary, Indiana, is an outlaw motorcycle organization in which its members and associates engaged in acts of violence, extortion, and narcotics distribution in the Northern District of Indiana and elsewhere. 

    Parks served as a National President of the entire club and was involved in the conspiracy to commit acts of racketeering activity between 2016-2018.  As National President, Parks was 2nd in command behind the founder of the club.

    The agencies involved in this prosecution were: the Bureau of Alcohol, Tobacco, Firearms and Explosives, the East Chicago Police Department, the Federal Bureau of Investigation, the Gary Police Department, the Griffith Police Department, the Hammond Police Department, the Internal Revenue Service-Criminal Investigation Division, the Lake County Sheriff’s Department, Indiana High Intensity Drug Trafficking Area officers and agents, the Merrillville Police Department, the Munster Police Department, and the Schererville Police Department.   Also providing assistance were the Lake County Prosecutor’s Office, the U.S. Attorney’s Offices for the Eastern District of Arkansas, the Northern District of Illinois, the Southern District of Indiana, the Western District of Kentucky, and the Western District of Pennsylvania.

    This case was prosecuted by Assistant United States Attorneys David J. Nozick and Michael J. Toth.  

    This case was part of an Organized Crime Drug Enforcement Task Force (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    This case was also part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI

  • MIL-OSI Security: Fort Wayne Man Convicted at Trial of Firearm and Drug Trafficking Offenses

    Source: Office of United States Attorneys

    FORT WAYNE – Late Yesterday, Detric L. Cummings, 42 years old, of Fort Wayne, Indiana, was found guilty of firearm and drug trafficking offenses following a four-day jury trial, presided over by United States District Court Chief Judge Holly A. Brady, announced Acting United States Attorney Tina L. Nommay. 

    Cummings was charged in an indictment with a total of eight counts, and prior to the start of the trial, he entered a plea of guilty to five counts of distributing controlled substances, including methamphetamine and fentanyl.  Cummings went to trial on the remaining counts, and a jury found him guilty of those remaining counts, which included possession of a firearm in furtherance of a drug trafficking crime, possession of a firearm by a convicted felon, and maintaining a drug-involved premises.  The jury also found Cummings to have previously committed three violent felonies on occasions different from one another, making him an armed career criminal under federal law. 

    A sentencing hearing will be scheduled on a later date on all counts.  Any specific sentence to be imposed will be determined by the District Court Judge after consideration of federal statutes and the United States Sentencing Guidelines.

    This case was investigated by the Bureau of Alcohol, Tobacco, Firearms, and Explosives, with the assistance of the Fort Wayne Police Department, the Indiana State Police, the Drug Enforcement Administration, Homeland Security Investigations, and the Auburn Police Department The case was prosecuted by Assistant United States Attorneys Lesley J. Miller Lowery and Justin C. Sheridan.

    This case was also part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI

  • MIL-OSI Security: Northern District of Indiana USAO Collects Over $5,219,650 in Civil and Criminal Actions in Fiscal Year 2024

    Source: Office of United States Attorneys

    Hammond, Indiana – Acting U.S. Attorney Tina L. Nommay announced today that the United States Attorney’s Office for the Northern District of Indiana collected $5,219,650 in criminal and civil actions in Fiscal Year 2024. Of this amount, $2,667,519 was collected in criminal actions and $2,552,131 was collected in civil actions.

    The Northern District of Indiana also worked with other U.S. Attorney’s Offices and components of the Department of Justice to collect an additional $1,925,938 from cases pursued jointly. Of this amount, $2,200 was collected in criminal actions and $1,923,738 was collected in civil actions.  For example, one of the civil cases handled in conjunction with the Environmental Enforcement Section of the Department of Justice, resulted in the recovery of $1,018,433 as part of a settlement agreement reached in the matter of United States v. Cleveland-Cliffs Burns Harbor, LLC.

    The U.S. Attorneys’ Offices, along with the department’s litigating divisions, are responsible for enforcing and collecting civil and criminal debts owed to the United States and criminal debts owed to federal crime victims. The law requires defendants pay restitution to victims of certain federal crimes who have suffered a physical injury or financial loss. While restitution is paid to the victims, criminal fines and felony assessments are paid to the department’s Crime Victims Fund, which distributes the funds collected to federal and state victim compensation and victim assistance programs.

    Additionally, the Northern District of Indiana, working with partner agencies and divisions, collected $855,895 in asset forfeiture actions in FY 2024. Forfeited assets deposited into the Department of Justice Assets Forfeiture Fund are used to restore funds to crime victims and for a variety of law enforcement purposes. 

    MIL Security OSI

  • MIL-OSI Security: Honduran National Sentenced To 46 Months In Federal Prison For Illegally Reentering The United States

    Source: Office of United States Attorneys

    Orlando, Florida – U.S. District Judge Roy B. Dalton, Jr. has sentenced Elmer Edin Chavarria-Morales (32, Honduras) to 3 years and 10 months in federal prison for illegally reentering the United States after deportation. Chavarria-Morales entered a guilty plea on August 28, 2024.

    According to court records, Chavarria-Morales, a citizen of Honduras, was convicted of rape in Indiana state court on June 26, 2018, and was deported from the United States on September 21, 2018. Chavarria-Morales reentered the United States and was convicted of illegal reentry after deportation in the Southern District of Texas on February 22, 2021, and was deported from the United States a second time on November 11, 2022.

    Following his two deportations, Chavarria-Morales was arrested on April 2, 2024, by the Daytona Beach Police Department and was subsequently convicted of assault (domestic violence) on April 16, 2024. After his arrest, law enforcement learned that Chavarria-Morales was illegally present in the United States.

    This case was investigated by Homeland Security Investigations. It was prosecuted by Assistant United States Attorney Diane Hu.

    MIL Security OSI

  • MIL-OSI Global: Exploring bacopa: the science behind the latest brain health trend

    Source: The Conversation – UK – By James Goodwin, Professor in the Physiology of Ageing, Loughborough University

    Koldunov/Shutterstock

    As I’ve grown older and experienced the vagaries of my ageing memory, I’ve often reflected on the possibility of a miracle cure that would rejuvenate it. As if in answer to my wishful thinking, not one but several reports recently appeared simultaneously in the scientific news, highlighting a trending solution of which I was blissfully unaware.

    A welter of articles – The Times of India, MSN, New York Post and others – spoke of an Indian herb called bacopa, or to give it its full botanical name, Bacopa monnieri, an aquatic flower. This wave of publicity resulted in a massive spike in interest: 2,000 monthly searches on Google and a weekly average of 13,000 views on TikTok.

    The reason for its global popularity? A new study which concluded that ingesting bacopa brought significant improvements in both memory and cognition skills (concentration, alertness, reasoning and mental flexibility).

    All types of memory were improved – short-term memory (verbal and spatial), working memory and episodic memory (memory of everyday events).

    The researchers also reported other brain health-related benefits. Anxiety and cortisol levels in the blood were significantly reduced, and sleep quality and serum BDNF were increased by taking a bacopa supplement (BDNF is a naturally produced protein in the brain that stimulates the production of new brain cells in every decade of our life). If I had wanted a miracle, perhaps I had found it.

    But one swallow doesn’t make a summer. And neither should a single study set a law in stone.

    So, curious as to the weight of evidence, I delved deeper. My search led me to a surprising source – Ayurvedic medicine.

    Over many thousands of years, this traditional Indian medical system has expounded the benefits of bacopa. Bacopa is a medhya rasayana, meaning a class of herbs believed to improve mental health, memory and intellect, and promote rejuvenation and longevity.

    It would be true to say that millions of people over the centuries have relied on this supplement for health and mental health benefits. However, history and tradition teach us many things, but not all of them are true. And, therefore, I asked myself: what of the scientific evidence?

    One of the earliest papers on the effects of taking bacopa was in 2008. And though, over the years, it stimulated several more studies favourable to the use of bacopa, the picture of its effectiveness is mixed.

    It’s true to say that most of the papers – many of them using the gold standard method of a randomised controlled trial – find that bacopa is positive for improved memory and reduced anxiety. And there is a biological explanation.

    Bacopa extract contains many potent substances called “bacosides” that have, among other effects, antioxidant, anti-inflammatory and anxiolytic (anxiety-reducing) properties. But by no means do all studies show that bacopa improves memory and anxiety. In fact, in 2021 a review of bacopa research stated that there are only limited studies (six to date) to establish the memory-enhancing and brain-protecting effects of bacopa.

    Safety

    Then I asked myself, is it safe? I turned to the US Food and Drug Administration (FDA). If there is an issue with safety and side-effects, the FDA would know.

    The FDA has not approved bacopa as a drug and therefore has not made any statements as to its safety or efficacy. However, the way in which a supplement is marketed can lead to the FDA categorising it as a drug. For example, in 2024, a US company selling veterinary products was censured because their marketing of one of them intended it to be used in the cure of chronic seizures and epilepsy in dogs.

    The FDA can investigate, censor or fine – without limit – any company which says that its supplement acts like a drug by implying it can be used to prevent, mitigate, treat or cure any illness.

    There is a very fine line here. For example, marketing such as, “the control of blood pressure” may lead to a US federal investigation. A company in Houston, Texas, making medical claims for bacopa was given 15 days in a warning letter by the FDA to correct their marketing or face sanctions including fines.

    The FDA states: “Dietary supplements are regulated by the FDA as food, not as drugs. However, many dietary supplements contain ingredients that have strong biological effects which may conflict with a medicine you are taking or a medical condition you may have.”

    Such effects are known in bacopa because it inhibits an important brain chemical called acetylcholine and therefore could counteract cholinergic drugs for conditions such as dementia, glaucoma and urinary retention.

    It is generally safe for most people, but is inadvisable where there are thyroid conditions, asthma, COPD, genital problems, stomach ulcers or if pregnant.

    What are we to make of all this? All that glisters is not gold. And the wisdom of the ages is not irrevocable. There may be a frenzy of popularity in the media but that makes bacopa neither effective nor safe.

    The moral here is that before spending your hard-earned money on a promising product that has been seized upon by millions, you should pause, read, research, think and then, based on real evidence, commit – one way or the other. After all, since the days of Newton, science has served us pretty well.

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

    ref. Exploring bacopa: the science behind the latest brain health trend – https://theconversation.com/exploring-bacopa-the-science-behind-the-latest-brain-health-trend-247154

    MIL OSI – Global Reports

  • MIL-OSI Africa: Emphasis on leadership, sustainability, youth engagement and digitalisation as International Olympic Committee (IOC) presidential candidates present plans for global sports

    Source: Africa Press Organisation – English (2) – Report:

    LAUSANNE, Switzerland, January 31, 2025/APO Group/ —

    The seven candidates running to become the next President of the International Olympic Committee (IOC) are hoping that with their 15-minute presentations at the Olympic House on Thursday, 30 January, they have been able to convince the IOC membership of their capabilities to lead the biggest sports organisation in the world. 

    Although they were unable to read the room during the in-camera meeting, especially as their audience was barred from asking questions, the candidates appeared satisfied with their campaign pitches. 

    BEHIND CLOSED DOORS There will be no other opportunities for presentations before the election scheduled for 20 March in Greece. Speaking to the media after giving their presentations behind closed doors, some of the candidates believe the current election process requires a review. 

    Prince Feisal Al Hussein of Jordan, who was the first to appear before the press, said: “If I’m President, I think I would have more flexibility in the rules… We are part of a global sports community and the world has the right to know who is running and what they stand for.” 

    Below are excerpts from the candidates’ interaction with the media at the Château de Vidy, the historical building next to Olympic House, where the presentations took place. 

    HRH PRINCE FEISAL AL HUSSEIN  

    PRESENTATION: It was an honor to deliver my speech to my fellow IOC members, where I laid out my vision for the future blueprint of the Olympic Movement centered on consensus leadership. My speech was structured around three strategic imperatives that are in my manifesto; inspiring imagination, ensuring integrity and developing inclusion. 

    EXPERIENCE DEALING WITH HEADS OF STATE, AN ADVANTAGE?: Absolutely, yes. I think I’ve learned from the experience of not just learning how to deal with people, but by consensus. At the end of the day, all leaders are human beings, and the ability to find a common ground upon which you can build an understanding is a key benefit from the experience that I’ve had just being who I am. 

    DEALING WITH THE IOC’S BIGGEST CHALLENGE: One of the things we have to face and we have to deal with literally focuses on the issue of integrity. When you see the global community, the youth in particular have lost their trust in global institutions, and the IOC is a global institution, so we need to regain both the trust and the sense of relevance with the youth of this world. They are our future movement. And I think this is one of the key areas I would focus on as IOC president. 

    CONFIDENCE IN WADA DESPITE WITHDRAWAL OF US FUNDING: It’s not for me to comment on the policies of the United States. We (the IOC) are an institution that helped establish WADA and I think it has been doing a terrific job in dealing with the issue of doping. We’ve seen such a large reduction of doping incidents in the Olympic Games, and I think this means that they have been effective, and we will continue to support that. 

    DEALING WITH BOXING AHEAD OF LA28: I would love to see boxing back on the programme. It is one of the oldest Olympic sports, and I just hope that we can find a global Federation that can take on that responsibility of organising boxing in LA. 

    RUSSIA’S RETURN TO THE OLYMPIC MOVEMENT: There’s nothing I’d like more than to be able to have the whole world at the Olympic Games, I think that’s what our objective is. But I also recognise that there are certain limitations and concerns. Right now, to my understanding, the exclusion of Russian athletes is based on a violation of the Olympic Charter. As President of the IOC, my role and responsibility is to uphold the Olympic Charter. And as long as nobody is in violation, then there is no reason for sanctions. And I would very much like to find a mechanism where we can reintroduce Russia. The world is stronger when we are all together. And I think that is what the Olympic Games does.  

    MR DAVID LAPPARTIENT  

    PRESENTATION: I hope that I have convinced my colleagues that I can be a real leader for the IOC. 

    RUSSIA’S RETURN TO THE OLYMPIC MOVEMENT: Russia shouldn’t be indefinitely suspended by the IOC. This is a country of sport, so our objective would be to have them come back into the fold. However, there are reasons why the IOC suspended the NOC of Russia… So it is obvious then that these subjects should be dealt with before decisions can be taken.  

    THE OLYMPIC GAMES IN AFRICA: The IOC is on the five continents. Sport is universal, and African athletes are exceptional, but Africa has until today, never hosted the Olympic Games, they of course, are going to have the Youth Olympic Games. I suggest that the Olympics should take place in Africa, not fixing a specific date. But the idea is, nonetheless, that during this coming mandate or two mandates, we would like Africa to host the Olympic Games, because Africa deserves the Olympic Games.  

    BIGGEST CHALLENGE: One of the challenges will be the instability of the world. It’s becoming more and more difficult, and sure we’ll have some crises to face in the future. This is why we need to source strong leadership. Climate change is also an issue. We also saw what happened in the winter time in Los Angeles, and it’s also the result of climate change. Another key challenge will be digitalization. The world is completely changing, disrupting. But what I also tried to explain this morning is how we can turn all these challenges into opportunities. We have opportunities to bring the world together. This is what we want. This is our vision. This is the ideal of the Olympic movement. We can also properly address the issue of climate change. This is what Paris has done. We also have the potential Olympic Esports Games, that’s also a way to interact with the younger generation. We can also reach a wider audience with digitalization.  

    MR JOHAN ELIASCH 

    TRACK RECORD: In a world of division and disruption, we need hope more than ever before. I’m standing because I believe that I have a proven track record and experience to deliver. I have successfully run large international corporations, led important commercial and political negotiations across business, sport, media and entertainment, foreign affairs, technology, and a lot of areas. I’ve been very active in climate action, preserving millions of acres of rainforest. In the last four years, I’ve led the transformation of the International Ski and Snowboard Federation. We oversee more than half of the medal events in the Olympic Winter Games. So I think that’s a perfect and perfect trip for the presidency. I know what it takes to lead and drive change. This is not a popularity contest. 

    RUSSIA’S RETURN TO THE OLYMPIC MOVEMENT: The individual, neutral athletes programme works very well. And I think it’s very important, because no athlete can choose where they were born. And the athletes must never be weaponized for political purposes. So I believe in this programme, and that we should make sure that also for Milano-Cortina, this is something that all the winter federations will adopt. 

    WHAT NEEDS TO CHANGE: Of course, we have to put the athletes front and centre. And we need to make sure that they have the best experience before, during, and after the Games. We have a very fast-changing landscape when it comes to digital, and we have to stay ahead of the curve here. We have a responsibility and a very strong voice when it comes to sustainability and this is an area which is very close to my heart, so this will certainly be at the forefront of my agenda. We also need to make sure that we uphold the magic of the Olympic Games. There is a lot of competition from other events and other sports and we need to make sure that we’re the best. 

    ENGAGING SPONSORS: Well, sponsorship is much more than just sticking your name to something. It’s about partnership. And this area is also changing very fast. Activations, people expect more here. We need to make sure that we deliver, that these partnerships are value-added for our sponsors. We have an incredible brand. But in today’s day and age, we also have to make sure that these partnerships are as attractive as possible. 

    BALANCING FUTURE OLYMPICS IN AFRICA, INDIA OR THE MIDDLE EAST WITH SUSTAINABILITY COMMITMENTS: Here, for instance, the proposed rotation scheme of the Winter Olympics is very important. We have infrastructure in place to deliver the events. We need to make sure that we find solutions with the IFs to make sure that the capacity of investment is kept up. So we don’t have to retrace what already exists in places where it’s not going to go. Now, with the Middle East, with Africa, with India, it is essential that we are very strong and committed to no carbon impact on anything that we do. 

    MR JUAN ANTONIO SAMARANCH  

    THE IOC: I understand our organization as two different parts. On one hand, we are an extraordinarily big, large and efficient NGO – we distribute most of the money we generate in our business through the International Federation, National Olympic Committees and the organizing committees to the base of the world’s sports pyramid. So this is an NGO. Second, we need a powerful business machine to generate the necessary revenues to feed the NGO. So I have thrown my hat in the ring because I have significant experience on both sides. I’ve more than 25 years of experience in critical roles throughout the Olympic movement, and I’ve more than 25 years of experience in critical roles with my own company in the finance industry. 

    EMPOWERING IOC MEMBERS We must empower the members and ensure governance led by members and not by a selected few. 

    CHANGES In the 12 years of President Bach, we had to deal with so many complications and so many threats and managed to get the organization to move and evolve at a rapid pace. But that rapid pace of change that we implemented is no way near what is coming. I think we have a very important base, a very solid base, from the past, but the recipes of yesterday will not make it in the future. 

    LEGACY OF HIS FATHER, HELP OR HINDRANCE: My father left office 25 years ago and, as his son, I appreciate his legacy very much. His example is always with me, but the recipes of today have nothing to do with a presidency that ended years ago. Bear in mind, he joined the Olympic Movement more than 60 years ago. 

    PRESENTATION: I felt very good in the room, because I have something interesting to say, something I am passionate about. And I was so happy to have the opportunity to share that with my fellow members. So, it’s for them to decide. But my presentation is clear. I have a very clear programme. My manifesto is very much action-based and it leaves very little room for future surprises. 

    BIDDING PROCESS FOR OLYMPIC GAMES HOSTS: I think that we need to produce not a more traditional, but a better, new model that is more aligned to the current times, that would include a final decision in a significant participation of all IOC members. 

    MEDIA: I told my fellow IOC members this, ‘let’s refocus our relationship with the media. They are not our enemies. They are our allies.’ You (the media) shape the opinion of the world on the Olympic Games. This I intend, if I become IOC President, to maintain and you can hold me accountable for that if I am there. 

    MRS KIRSTY COVENTRY 

    THE OLYMPIC DREAM: My journey started as a nine-year-old girl watching the 92 Barcelona Olympic Games and just setting myself a dream and then finally realizing that dream in Athens getting to stand on the podium and win my first Olympic medal. In Athens, I won three medals and finally in my last event got to win the gold even though Zimbabwe was in a difficult situation. But when I got home to Zimbabwe, it was a time of three or four days of peace, so I really got to see the power of sport. 

    TODAY’S NINE-YEAR-OLD: The nine-year-olds in today’s world are not watching a television screen, they’re holding a phone and that phone is going to be their starting point to connect with us through online streaming platforms, and it’s going to be our chance to engage with them and ensure that we’re inspiring them, and to take it even further, we’re going to be developing and promoting applications that are going to allow them to train anywhere and everywhere in the world. And this is the world that we live in today, and let’s embrace it and walk that road together. 

    SUPPORTING AFRICAN ATHLETES: We need to find more ways of directly impacting and getting revenue to athletes before they become Olympians. That is generally the toughest thing most athletes find. From my own journey it was easy to get sponsorship once I’d won a medal. But getting to that medal was tough. 

    BACKING FROM BACH?: I have known President Bach since I came into the IOC, and I think being a fellow athlete, we share a lot of commonalities, a lot of common ideas and philosophies. But in this race, he’s the President. He has a vote, but he doesn’t vote, he chooses not to vote, and I do very firmly believe that he is being very fair to all candidates.  

    BEING A MOTHER OF A SIX-MONTH OLD AND A CAREER WOMAN: First and foremost, I want to be the best candidate to win, not just because of my gender or from where I come from. And I believe I’ve got a lot of expertise to bring to this role, to leading the organisation. 

    IT TAKES A VILLAGE TO RAISE A CHILD: When I was stepping into my ministerial role seven years ago, I was pregnant with my first baby girl and had to quickly learn how to navigate and be a woman with a career as well as a mom and a wife and everything else. And it can be done. I’m very lucky to come from Africa because culturally we know and we firmly believe that it takes a village to raise a child. 

    PROTECTING WOMEN ATHLETES: As a female athlete, you want to be able to walk onto a level playing field always. It’s our job as the IOC to ensure that we are going to create that environment, and that we are going to not just create a level playing field, but we’re going to create an environment that allows for every athlete to feel safe. Along the road. We’re going to learn lessons, and we’re going to get stronger and we’re going to make better rules and regulations.  

    LORD SEBASTIAN COE 

    PRESENTATION: I enjoyed this morning’s process. I hope I was able to communicate my love for the movement. It’s something that I genuinely feel I’ve been training for for the best part of my life, or at least since the age of 11, when my father bought me my first pair of running shoes. I hope I was able to convey that, but I’m also hoping that I was able to convey the core pillars of my manifesto, my commitments and my pledges. 

    SUSTAINING IOC REVENUE: The world has changed and we do have to change with it – I’ve been in the sports marketing world for 30 years. Primarily we do need to adopt an audience first approach, which is in essence, to give them what they want, when they want it, and where they want it. Above all, for National Olympic Committees of all shapes and sizes, of some of the smaller International Federations, to enjoy that with a barrier-free physical and digital experience. 

    BIGGEST CHALLENGE FOR THE IOC: The biggest challenge faced by the International Olympic Committee is no different, and it is not unique from any National Olympic Committee, any sporting organization, any club, private or public. It is how do you continue to excite and engage with young people, and how do you utilize, optimize fully the use of cutting edge technology? And we talk a lot about technology, we actually run the risk of sounding a little bit analog, because I don’t think there’s anyone in this room that hasn’t recognized that the organizations they work in, they deliver services in, have gone through that digital transformation. But I do think that engaging, exciting and challenging tomorrow’s generation is going to be critical, because it’s that cohort that is ultimately going to be your future sponsors, your future thought leaders, your future governments, your future politicians. And we need to create amongst that group of people a lifelong bond for sport. So even if they don’t remain in sport as coaches, administrators, communicators, we at least have the opportunity for them to assume leadership roles wherever they are, and really fundamentally understand the nature of sport, and it is only that way that we will raise sport to the top of government agendas. Engaging with young people is the key to unlocking so many of the other interdependencies. 

    ELECTION RULES: I’ve been in politics for a long time. I’ve found it a fairly unproductive process to pick a fight with the returning officer in the process. The rules are the same for everybody. I do think we need to review them, and I’m sure that whoever succeeds in March will want to look at that amongst other things too. 

    MR MORINARI WATANABE 

    OLYMPIC GAMES IN FIVE CONTINENTS: I propose to stage the Olympic Games in five cities on five continents at the same time. It would allow the IOC to offer the best possible conditions for each sport, to reduce the financial burden on host cities, to offer greater potential for broadcast and commercial opportunities, sustainability with reduction of travel, and alleviate other hosting problems like governmental restrictions and war.  

    POTENTIAL OF SPORT: Paris 2024 was a historic success, thanks to all the athletes, thanks to the leadership of President Thomas Bach and thanks to the excellent work of the Paris Organizing Committee. However, I believe that we should not be satisfied and that we must build on the success of these Games. Because, in contrast to the spectacular Olympic Games, the situation of the NOCs is far from strong. As FIG President, I have visited 162 countries. I have seen with my own eyes the situation of our sport in each country. As a result I saw the reality. Economically, these countries are not wealthy. In many countries, their relations with the government are not good. The presence of sport in each country is not high enough. I used to be a gymnast myself. That’s why I believe sport has even greater potential. To unleash that potential I propose that the Games be held on all five continents at the same time. 

    WORLD SPORTS ORGANISATION: I also envision upgrading the IOC into a World Sports Organization, like the World Health Organization. If the IOC continues and expands its activities, it would remain independent of politics and uphold the barriers of democracy, transparency, and gender equality. As a World Sports Organization we must contribute to society. We must make a new business for sports. My vision is not focused on only the Olympic Games. We must see a wider view for sports. Sports can contribute to society. I believe the 21st century industrial revolution will be driven by sports and healthcare. So, which organization is best placed to lead this transformation globally? It is the IOC. 

    BICAMERALISM: I am proposing a two-chamber system; a House and a Senate because many IOC members have very good ideas, even non-IOC members. We must take these ideas and listen to these opinions to develop sports. We have to be open. There are many professionals, athletes, royalty, politicians, lawyers, bankers, and many others. If we work together, we can do anything. Let’s open the door to a new era. 

    MIL OSI Africa

  • MIL-OSI Security: U.S. Attorney’s Office Secures 15-Year Sentence for Deadly 2022 DWI Crash that Killed Three People

    Source: Office of United States Attorneys

    ALBUQUERQUE – A Laguna man was sentenced to 15 years in federal prison for a fatal DWI crash on the Laguna Pueblo in 2022 that killed three members of the same family.

    There is no parole in the federal system.

    According to court documents, on August 7, 2022, Cody Allen Charlie, 38, an enrolled member of the Pueblo of Laguna, was driving intoxicated at 116 miles per hour while using his cell phone when he crashed into another vehicle on Interstate 40, near mile marker 130. The impact caused the other vehicle to veer off the interstate and onto the shoulder, where it rolled over. All three occupants of that vehicle were killed in the crash. Instead of providing help to his victims, Charlie left his wrecked vehicle and ran from the scene.

    Upon his release from prison, Charlie will be subject to five years of supervised release. He must also make full monetary restitution to the victims of his crimes. As part of his supervised release, Charlie will be subject to alcohol and substance-abuse monitoring, and he must also complete mental-health and substance-abuse programs. As a convicted felon, Charlie is no longer permitted to own or possess a firearm.

    U.S. Attorney Alexander M.M. Uballez made the announcement today.

    The Bureau of Indian Affairs investigated this case with assistance from the Laguna Police Department and New Mexico State Police. Assistant U.S. Attorneys Brittany DuChaussee and Zachary C. Jones are prosecuting the case.

    # # #

    MIL Security OSI

  • MIL-OSI USA: Armstrong: Senate confirmation of Burgum as Interior Secretary is good for North Dakota and the nation

    Source: US State of North Dakota

    Gov. Kelly Armstrong released the following statement today after the U.S. Senate voted to confirm former Gov. Doug Burgum as Secretary of the Interior, making him the second North Dakotan to hold the position. Armstrong reached out to Burgum to congratulate him on his confirmation.

    “The strong support Governor Burgum received throughout the confirmation process speaks volumes about his unique qualifications to serve as Secretary of the Interior,” Armstrong said. “His background in energy, tribal relations, national parks and other public lands makes him the right person at the right time to lead the Department of the Interior, which touches every aspect of our lives in North Dakota. Doug understands that safe, responsible development of our nation’s abundant natural resources is key to curbing inflation, growing the economy and paying down our national debt for future generations. He will be an incredible asset to the Trump administration and, as chair of the National Energy Council, will help usher in a new era of U.S. energy dominance that benefits all Americans with reliable, affordable power.”

    As Interior Secretary, Burgum will lead the U.S. Department of the Interior, a Cabinet-level agency that manages the nation’s natural and cultural resources. The department employs approximately 70,000 employees in 11 technical bureaus: the National Park Service, U.S. Fish and Wildlife Service, U.S. Geological Survey, Office of Surface Mining Reclamation & Enforcement, and the federal bureaus of Indian Affairs, Indian Education, Land Management, Ocean Energy Management, Reclamation, Safety & Environmental Enforcement, and Trust Funds Administration. The department provides access to more than 500 million acres of public lands, 700 million acres of subsurface minerals, and 1.7 billion acres of the Outer Continental Shelf.

    Trump also has appointed Burgum to chair the newly created National Energy Council. As chairman, Burgum will also have a seat on the National Security Council.

    Burgum is the first native North Dakotan to lead a U.S. Cabinet agency since former Gov. Ed Schafer led the U.S. Department of Agriculture in 2008-2009 and the second North Dakotan to serve as Interior Secretary. Kintyre, N.D., native Tom Kleppe served as Interior Secretary in 1975.

    MIL OSI USA News

  • MIL-OSI Economics: ICC announces new editorial board for Dispute Resolution Bulletin

    Source: International Chamber of Commerce

    Headline: ICC announces new editorial board for Dispute Resolution Bulletin

    The International Chamber of Commerce (ICC) has appointed new co-editors-in-chief and editorial board members of the ICC Dispute Resolution Bulletin. The Bulletin is ICC’s flagship, triannual journal focused on arbitration and other methods of dispute resolution. Editorial board members are highly-regarded dispute resolution practitioners from around the world, with diverse backgrounds. With their involvement, the Bulletin will remain one of the most essential go-to resources on dispute prevention and resolution.

    Since the first edition in 1990, the Bulletin has been at the forefront of providing up-to-date developments in international arbitration and commentaries on ICC dispute resolution and arbitral awards. The Bulletin offers legal updates, expert insights and studies, best practices and analysis of ICC awards. It also reports on ICC events and trainings, and features book reviews for dispute resolution practitioners.

    Claudia Salomon, President of the ICC International Court of Arbitration, said:

    “In line with the ICC Court pledge to drive thought leadership, the new co-editors in chief and editorial board members will ensure that the Bulletin continues to generate innovative ideas, and build capacity, offering readers a greater understanding of the arbitration and ADR process.”

    Alexander G. Fessas, Director of ICC Dispute Resolution Services and Secretary General of the ICC Court, said:

    “As the leading institution in dispute resolution, ICC plays a critical role in promoting access to justice and the rule of law. The Bulletin serves as a vital platform for analysis and debate, fostering the safeguard of the legitimacy of arbitration and ADR, and maximising the potential of all in the legal and business communities. We are confident that, with the new editorial board, the Bulletin’s relevance and reach will continue to grow exponentially.”

    The Bulletin’s gender-balanced editorial board comprises 20 members based in Africa, Asia and the Pacific, Europe, Latin America, the Middle East and the United States.

    The Bulletin is led by two co-editors-in-chief: Rafael Rincón, a partner at Rincón Castro Abogados in Colombia, and Sara Nadeau Seguin, a partner at Teynier Pic in France. Both were members of the board during the previous mandate. They succeed Julien Fouret and Yasmine Lahlou, who were appointed as members of the ICC Court in July 2024.

    The 2025-2027 ICC Bulletin editorial board members are:

    • Sara Nadeau Seguin, Co-Editor in Chief, Partner, Teynier Pic, France
    • Rafael Rincón, Co-Editor in Chief, Partner, Rincón Castro Abogados, Colombia
    • Aysha Abdulla Mutaywea, Partner, MENA Chambers, Bahrain
    • Marie-Isabelle Delleur, Counsel, Clifford Chance, Brazil
    • *Farouk El-Hosseny, Senior Associate, Three Crowns, United Kingdom
    • *Ahmed Habib, Senior Associate, DWF, Qatar
    • *Imad Khan, Partner, Winston & Strawn, United States of America (Houston)
    • Monserrat Manzano, Partner, Von Wobeser, Mexico
    • Alexandre Mazuranic, Partner, BMG Avocats, Switzerland
    • *Damien Nyer, Partner, White & Case, United States of America (New York)
    • *Olena Perepelynska, Partner and Head of International Arbitration, Integrites, Ukraine
    • *Sulabh Rewari, Partner, Keystone, India
    • *Michele Sabatini, Partner, Arblit, Italy
    • Mikaël Schinazi, Associate, Jones Day, France
    • Anna Secomb, Arbitrator, Singapore
    • *Leyou Tameru, Founder, I-Arb Africa, Ethiopia
    • Mireille Taok, International Arbitrator, Lawyer, and University Lecturer, United Arab Emirates
    • Monty Taylor, Barrister, Tenth Floor Chambers, Australia
    • Sylvia Tee, Partner, Ashurst, China
    • *Angeline Welsh, Barrister, Essex Chambers, United Kingdom

    * Member during the previous mandate, which is renewable once.

    The Bulletin is published three times a year with the next edition due in March 2025. The latest edition of the ICC Dispute Resolution Bulletin is freely available for download in the ICC Dispute Resolution Library.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Wolverhampton Art Gallery invites the public to take part in the largest ever exhibition of the region’s hobbies

    Source: City of Wolverhampton

    It is an opportunity for the public to take part in Come As You Really Are, the largest ever exhibition of the UK’s hobbies. From makers and modifiers to crafters and collectors, Wolverhampton Art Gallery are working alongside Artangel and award winning artist and Spiderman enthusiast Hetain Patel to invite audiences to exhibit their hobbies in an exhibition at the gallery from 12 July to 5 October, 2025.

    The exhibition will bring together objects created, modified or collected by Midland based hobbyists, alongside contributions from people across the UK and a new artist film by Patel. Each hobby represents a decision to commit valuable time to living life on one’s own terms in a society dominated by consumerism. On display will be hundreds of unique hand crafted objects loaned by hobbyists of any discipline, such as costume and cosplay makers, crocheters and knitters, wood carvers and model makers, ceramicists, robotics engineers, origami specialists, augmented car enthusiasts and many more.

    City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, Councillor Chris Burden, said: “The joy of hobbies lies in their power to bring people together while celebrating individuality. Come As You Really Are is a unique opportunity to spotlight the incredible creativity and dedication of hobbyists in Wolverhampton, the Midlands and beyond. From cosplay to ceramics, every object tells a story of passion, perseverance, and self expression.

    “We’re thrilled to collaborate with Hetain Patel and Artangel to showcase these hidden talents and invite the public to share their own creations in this celebration of living life on one’s own terms. This exhibition promises to be as diverse and inspiring as the communities it represents.”

    Hetain Patel said: “I’ve always been obsessed by handmade things. Growing up in Bolton, in a working class culturally Indian household, we ate with our hands, and many of my relatives worked as part of the manual labour force in local factories. The empowering thing about hobbies is choice and doing something on our own terms. The creative act is really hopeful with huge benefits to us individually and something that connects us to others regardless of our differences.”  

    For the chance to be a part of the upcoming exhibition at Wolverhampton Art Gallery and to find out more information visit Wolverhampton Arts & Culture. It only takes a couple of minutes and all you need is a picture or two from your phone.

    To be eligible, respondents must be based in the UK and self identify as a hobbyist. The Wolverhampton exhibition aims to showcase hobbies across the Midlands region. By hobbyist we mean someone who engages with an activity on an ongoing basis. This might be daily, weekly or a couple of times a year.

    People may have many different ideas of what constitutes a hobby. On the form you will see a very comprehensive list of hobbies. Some are object based in that they result in the creation of an object e.g. knitting or woodworking. Others might be more ephemeral, such as skateboarding or gardening. All are eligible for the project. If a hobby is not on the list, respondents will be able to add it to the database by clicking, ‘my hobby isn’t in this list’ and typing it in when prompted.

    Hobbyists have until 30 March, 2025 to submit their hobbies for a chance to be part of the exhibition. Come As Your Really Are will open from Saturday 12 July until Sunday 5 October, 2025. The exhibition is free to the public. Wolverhampton Art Gallery is open Monday to Saturday from 10.30am to 4.30pm and Sunday from 11am to 4pm. For more information, please visit Wolverhampton Arts & Culture.

    MIL OSI United Kingdom

  • MIL-OSI Economics: Lending and Deposit Rates of Scheduled Commercial Banks – January 2025

    Source: Reserve Bank of India

    Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during January 2025 are set out in Tables 1 to 7.

    Highlights:

    Lending Rates:

    • The weighted average lending rate (WALR) on fresh rupee loans of SCBs declined to 9.25 per cent in December 2024 from 9.40 per cent in November 2024.

    • The WALR on outstanding rupee loans of SCBs moderated to 9.87 per cent in December 2024 from 9.89 per cent in November 2024.1

    • 1-Year median Marginal Cost of fund-based Lending Rate (MCLR) of SCBs remained unchanged at 9.00 per cent in January 2025.

    Deposit Rates:

    • The weighted average domestic term deposit rate (WADTDR) on fresh rupee term deposits of SCBs stood at 6.57 per cent in December 2024 as compared to 6.46 per cent in November 2024.

    • The weighted average domestic term deposit rate (WADTDR) on outstanding rupee term deposits of SCBs was 7.00 per cent in December 2024 (6.98 per cent in November 2024).1

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2060


    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on Equitas Small Finance Bank Limited

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated January 20, 2025, imposed a monetary penalty of ₹65 lakh (Rupees Sixty Five Lakh only) on Equitas Small Finance Bank Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Levy of Foreclosure Charges/Pre-payment Penalty on Floating Rate Term Loans’ and ‘Credit Flow to Agriculture – Collateral free agricultural loans’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

    The Statutory Inspection for Supervisory Evaluation (ISE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with RBI directions.

    After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank:

    1. levied foreclosure charges on certain floating rate term loans sanctioned to individual borrowers for purposes other than business; and

    2. obtained collateral security for certain agricultural loans amounting up to ₹1.6 lakh.

    This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2061

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on India Post Payments Bank Limited

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated January 15, 2025, imposed a monetary penalty of ₹26.70 lakh (Rupees Twenty Six Lakh Seventy Thousand only) on India Post Payments Bank Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Customer Service in Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47 A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

    The Statutory Inspection for Supervisory Evaluation (ISE) of the bank was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with RBI directions.

    After considering the bank’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank upgraded certain Savings Bank accounts without obtaining customers’ consent (in writing or through any other mode) and also levied annual charges after upgradation of those accounts.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2062

    MIL OSI Economics

  • MIL-OSI Economics: RBI imposes monetary penalty on Aptus Finance India Private Limited, Chennai

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated January 20, 2025, imposed a monetary penalty of ₹3.10 lakh (Rupees Three Lakh Ten Thousand only) on Aptus Finance India Private Limited (the company) for non-compliance with certain provisions of the ‘Non-Banking Financial Company – Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions, 2016’ issued by RBI, relating to ‘Governance Issues’. This penalty has been imposed in exercise of powers conferred on RBI under clause (b) of sub-section (1) of Section 58G read with clause (aa) of sub-section (5) of Section 58B of the Reserve Bank of India Act, 1934.

    The correspondence pertaining to the intimation of appointment of a director revealed, inter alia, non-compliance with RBI directions. Based on the same, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for failure to comply with the said directions. After considering the company’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the company was sustained, warranting imposition of monetary penalty:

    The company failed to take prior written permission of the RBI for effecting change in management, resulting in change of more than 30 per cent of its directors, excluding independent directors.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the company. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the company.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2057

    MIL OSI Economics

  • MIL-OSI Economics: Monthly Data on India’s International Trade in Services for the Month of December 2024

    Source: Reserve Bank of India

    The value of exports and imports of services during December 2024 is given in the following table.

    International Trade in Services
    (US$ million)
    Month Receipts (Exports) Payments (Imports)
    October – 2024 34,309
    (22.3)
    17,215
    (27.9)
    November – 2024 32,014
    (13.9)
    17,229
    (26.0)
    December – 2024 36,857
    (16.5)
    17,781
    (13.8)
    Notes: (i) Figures in parentheses are growth rates over the corresponding month of the previous year which have been revised on the basis of balance of payments statistics.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2058

    MIL OSI Economics

  • MIL-OSI Economics: Data on India’s Invisibles for Second Quarter (July-September) 2024-25

    Source: Reserve Bank of India

    The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for July-September of 2024-25.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2059

    MIL OSI Economics

  • MIL-OSI Economics: Thales to present advanced defence and aerospace innovations at Aero India 2025, reinforcing its ‘Make in India’ commitment

    Source: Thales Group

    Headline: Thales to present advanced defence and aerospace innovations at Aero India 2025, reinforcing its ‘Make in India’ commitment

    • Thales will be present at Aero India 2025 (3.3 in Hall B) to exhibit its cutting-edge capabilities across defence and aerospace.
    • In support of the modernisation and indigenisation ambitions of the Indian armed forces, Thales will reinforce its commitment to “Make in India for India and for the world”, as well as the ‘Aatmanirbhar Bharat’ vision.
    • Thales HR representatives will be available on 13 and 14 February at the stand to engage with engineers and discuss various career opportunities at the company’s engineering centres in Bangalore and Noida

    Thales will showcase its cutting-edge technologies across the defence and aerospace sectors at the 15thedition of Aero India 2025, India’s flagship air show, highlighting the Group’s commitment to ‘Make in India for India and for the world’, aligned with the Aatmanirbhar Bharat vision.

    Empowering India’s defence and aerospace capabilities at Aero India 2025

    Thales offers a comprehensive array of capabilities and services designed to support the Indian armed forces in attaining operational excellence. At Aero India 2025, Thales will showcase its latest capabilities- across air, land and naval defence as well as space, cyber and digital – that are tailored for modern and future needs of the forces.

    Thales provides state-of-the-art equipment on board fighter aircrafts, including the RBE2 AESA radar, the Spectra electronic warfare suite, optronics, the communication, navigation and identification suite (CNI), key cockpit display systems and a logistics support component. The Thales stand at Aero India 2025 will have a dedicated section on these capabilities.

    Thales will also highlight its combat-proven airborne optronics, including TALIOS (Targeting Long-range Identification Optronic System) pod, the 2-in-1 system that delivers unmatched image quality, and the InfraRed Search and Track (IRST) system. Also on display will be Thales’s air defence solutions such as the Lightweight Multi-role Missile (LMM), the STARStreak missile and ForceShield, alongside air surveillance capabilities such as the GM 200 MM/A radar and the SkyView air command and control system.

    For the first time in India, Thales will showcase its innovation in avionics through the FlytX suite for helicopters, in advanced aeronautics navigation systems such as TopAxyz, TopShield and TopStar M. Connectivity solutions such as SYNAPS-A, the airborne member of the SYNAPS software-defined radio family designed to support battlespace digitisation, Modem 21 Air Compact, and the NextW@ve TRA 6030 radio, will also be brought to Aero India this year.

    As a leader in the fast-growing market of Unmanned Aircraft Systems (UAS), Thales will provide an overview of its portfolio of drone solutions, including its EagleShield drone countermeasures (an integrated nano, micro, mini and small drone countermeasures solution to protect and secure civil and military sites); the PARADE system that provides 360° protection of people, properties and activities, optimised for micro and mini UAS, ranging from 100g to 25kg; and Gamekeeper (a holographic radar that allows detection, tracking and classification of unlimited targets simultaneously including micro and mini drones), in addition to its safe and efficient UTM (Unmanned Traffic Management) system for cooperative and non-cooperative drones, to be unveiled for the first time in India.

    Thales will also present its LGR 68 and LGR 70 Laser Guided Rockets that come with laser guidance precision, are jamming-proof and are extremely precise for guiding ammunition to target.

    As part of its underwater solutions for efficient Maritime Security Operations, Thales will feature its Sonoflash sonobuoy, an anti-submarine warfare system that allows the detection, classification and localisation of submarines. It will also showcase the AirMaster C radar- the latest addition to its Air Master range of airborne surveillance radars -that is highly adaptable and can be integrated into both manned and unmanned airborne platforms.

    Thales presents AI systems we can trust at Aero India 2025

    Thales is a major AI player in these complex environments. The company is Europe’s top patent applicant in the field and devotes a lot of effort to research on AI, both in-house and through academic and industry partnerships. The Group, a major player in trusted AI, provides armed forces with greater efficiency in data analysis and decision-making, while taking into account the specific constraints, such as cybersecurity, embeddability and frugality, associated with critical environments. You will be able to see how Thales embarked IA on its solutions such as Talios or AirMaster C radar.

    Expanding its team in India – hiring at Aero India 2025

    Thales is expanding its team in India and seeking engineers in hardware, software and systems for its engineering centres in Bengaluru and Noida. Thales HR executives will be present during the public days of the show on 13 and 14 February 2025 to meet engineers and share various possible career opportunities available.

    “As India progresses towards its Aatmanirbhar Bharat vision, Thales is proud to be a trusted partner in the nation’s ambitious journey. We remain committed to ‘Make in India’ and are advancing our roadmap by strengthening our local teams, collaborations and bringing advanced defence and aerospace technologies to the country. We look forward to continue equipping the Indian armed forces with the next generation of innovative and effective solutions to support their strategic defence ambitions. Aero India 2025 will serve as a key platform for us to present our flagship capabilities and engage with the authorities, forces and our industry partners.” said Pascale Sourisse, President & CEO, Thales International.

    For more details on Thales’s presence at the Aero India 2025, please visit this webpage.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence, Aerospace and Cyber & Digital. It develops products and solutions that help make the world safer, greener and more inclusive.

    The Group invests close to €4 billion a year in Research & Development, particularly in key innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.

    Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of €18.4bn.

    About Thales in India

    Present in India since 1953, Thales is headquartered in Noida and has other operational offices and sites spread across Delhi, Bengaluru and Mumbai, among others. Over 2200 employees are working with Thales and its joint ventures in India. Since the beginning, Thales has been playing an essential role in India’s growth story by sharing its technologies and expertise in Defence, Aerospace and Cybersecurity & Digital Identity markets. Thales has two engineering competence centres in India – one in Noida focused on Cybersecurity & Digital Identity business, while the one in Bengaluru focuses on hardware, software and systems engineering capabilities for both the civil and defence sectors, serving global needs.

    MIL OSI Economics

  • MIL-OSI Europe: The Mumbai of Subaltern Women Through the Award-Winning Film “All We Imagine as Light”

    Source: Universities – Science Po in English

    The first session of the CERI cinéclub, hosted by Christophe Jaffrelot, Senior Researcher at the Center for International Studies (CERI) and  Co-Director of the South Asia Program, and devoted to the film All we imagine as light, plunged the audience into an atmosphere that was both poetic and political.

    Christophe Jaffrelot has written a sensitive tribute to a deeply moving film that teaches us a great deal about Mumbai and Indian society.

    All we imagine as light, written and directed by Payal Kapadia, is the first film from India to win the Grand Prix at the Cannes Film Festival. It immediately brings to mind the masterpieces of Satyajit Ray, another Indian filmmaker to have been celebrated at Cannes, for Pather Panchali (Song of the Little Road) in 1956.

    Like Ray in that first film in the Apu Trilogy, Kapadia provides viewers with close-ups that are intensely beautiful and strikingly expressive, even when their subjects remain impassive and enigmatic. These two filmmakers excel in the art of deliciously slow, even static, shots, which never appear overly long but instead draw the viewer into the intimate worlds of men and (especially) women, as we will see. Nor does this virtuosity slide into mere aestheticism, for behind the heady poetry of her cinematographic style, Kapadia’s work is, in fact, just as political as that of Ray.

    Indeed, the young director first became known in the early 2020s for a militant documentary on the caste system—winner of the Golden Eye at Cannes in 2021. When she was still a film student, Kapadia participated in protests against the Modi government’s nomination of a fellow Hindu nationalist at the head of the Film and Television Institute of India (FTII), and saw her scholarship revoked in response to her opposition.

    The smoke and mirrors of Mumbai

    All we imagine as light is political in a different way. The film focuses on ordinary, everyday victims, first and foremost those who came to Mumbai in search of an Eldorado and who are losing hope. These are the migrants whose anonymous voices— they do not appear on screen—mark the opening moments of the film. They no longer live in the illusion created by the smoke and mirrors of the city, and it is that contrast between dreams and reality that is expressed in the title of the film.

    Why does Mumbai disappoint those who left their villages in hope of a better life? Firstly because it is difficult to find housing, or indeed any shelter, there. The cost of accommodation per meter square has increased so much that the factories that filled the city centre until the 1980s have been transformed into skyscrapers. Here, luxury flats are sold to what Indians call the “middle-class,” but who are in fact, an elite. One of the advertising posters in the film unreservedly boasts of this housing, reserved for a “privileged” few. In Mumbai, property speculation has deadly consequences.

    Parvati, one of the film’s heroines, is the widow of a worker in the now-abandoned factories, and the target of a property developer who has managed to force her to leave her home and return to her village. She tried to join forces with other victims of the same injustice (along the lines of great revolutionaries like Jyotirao Phule and Bhagat Singh whose portraits appear in the film) but in vain.

    Since the Bombay Textile Worker’s strike was broken in the early 1980s, the city has fallen into hands of business interests and their political allies. This is no longer a time for class struggle, but for religion. Kapadia shows this Hindu nationalist version of the “opium of the masses”, documentary-style, by filming the Ganesha Chaturthi processions, where participants dance and sing.

    When they have nowhere to return to, Mumbai’s poor must pile into the overcrowded slums, which are pushed as far away from the city centre as possible. The members of the lower middle class are also relegated to buildings on the outskirts, which forces them to commute by train from the outlying suburbs. The length of these commuter journeys increases as the city spreads, along the two trainlines stretching north and south, and which structure both the time (minutes are counted in the number of stations) and the imaginary of Mumbaikars.

    These trains, which the viewers take several times with the films’ heroines, are a symbol of urban violence. Hundreds of people die every year on the tracks, whether from falling from open doors, or from electrocution. But this daily commute also provides respite for workers—drowsy with sleep on the way out, exhausted by the day on the way home—and particularly for women who have the benefit of the “Ladies Compartment”.

    Three women

    As well as being a film about a major city, All we imagine as light, is a film about women, about the women who are victims of the city, of men, and of social norms. The two main characters, Prabha, the eldest, and Anu, the youngest, illustrate two forms of oppression that Indian women face today—and have long faced.

    They both come from Kerala, work together in a hospital, and share the same flat, but are otherwise unlike each other. The eldest, Prabha, is a woman of duty. She values strength; as a nurse, she rebukes the novice midwives who are repulsed by the smell of placenta. Although she takes no nonsense, she is extraordinarily sensitive, and even expressive in her largely unsmiling reserve. Her husband has left to work in Germany, and she has had no news of him for a year.

    One day, he sends her a rice-cooker, with no note, and she projects all her unfulfilled desires onto this anonymous object. A doctor at the hospital courts her delicately, giving her a poem that she reads once night has fallen and the city is asleep. Yet, she does not take the hand he offers. She is married and thus devoted to one man alone, in accordance with Hindu tradition.

    Anu, by contrast, rejects this tradition. She is graceful, laughs easily, and spends more than she earns—leading to debts she owes to Prabha—and says she will refuse all the suitors her parents propose, according to that same tradition of arranged marriage. Worse, she is secretly involved in a romantic relationship—which Prabha knows and disapproves of—with, worse still, a young Muslim man.

    Although today a young couple can be more open than before about their relationship when they are both from the same community, a romance between a Hindu and a Muslim puts both parties in extreme danger. Indeed, Hindu nationalists have declared war on what they call “love jihad”, a term referring to the idea that young Muslim men are good at seducing Hindu girls, converting them to Islam and thus swelling the ranks of the Muslim community with their children…  When discovered, mixed couples like this are hunted down and the men beaten, even lynched. Anu’s young lover Shiaz hides in terror at the idea of being found in her presence.

    Where can these two live their love safely? Not in Mumbai, which is somewhat of a paradox, given this city was long reputed for its cosmopolitanism, and for providing an anonymity that made it an ideal site for forbidden encounters. In the film, when the two women help Parvarti to return to her original fishing village, Anu invites Shiaz to follow them secretly— and this is where they are finally able to fulfil their love.

    The city no longer provides the same security as the mangrove trees. It no longer conceals forbidden love, not only because of the intense promiscuity resulting from skyrocketing population density, but also because spying and informing on others has become a national sport.

    While the standard Bollywood dream is in Hindi, All we imagine as light speaks the language of migrants—Malayalam, Bengali, Marathi—and reveals an unvarnished reality which borders on tragic. Anu still believes she can rebel, but for Prabha this struggle is in vain: no one can escape their destiny. Yet, there is no place for sadness here, gravitas and grace (in the quasi-mystical sense) are what dominate.

    Kapadia’s women are exceptionally dignified, intensely human, and show unwavering solidarity. They also share delectable moments of freedom, like Anu and Parvati’s slightly tipsy impromptu dancing, under the half-amused, half-disapproving gaze of Prabha, on the beach, far from the city that is the melting pot for all woes.

    Above all, this is the moment that it seems Prabha might shift towards a new destiny. When the sea washes a man’s body up onto the beach, she is the one who resuscitates him, by performing CPR, before the disconcerted villagers. The man, whom she then washes, has lost his memory and the villagers believe Prabha is his wife.

    She tries to set the record straight and then uses this misunderstanding to tell this play-husband (who joins in the pretence for a few phrases) that she does not ever want to see her husband again. This break-up opens up her heart, and she encourages Anu to call Shiaz—who is hiding in the forest—to join them openly.

    A new hope is born from this rejection of social norms by the woman who had previously resigned herself to their constraints. Prabha shows the way to all those who are smothered by the condition Indian women are subject to. This is one of the reasons why only a few cinemas are screening this film in India, the director has offered to organise screenings from city to city to those who request it.

    And All we imagine as light would undoubtedly not have escaped censorship if it had not won the Grand Prix at Cannes, for which the festival should be duly thanked, along with the French co-producer of the film, Petit Chaos.

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