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Category: India

  • Govt drafts emission targets for over 460 industries under carbon market plan

    Source: Government of India

    Source: Government of India (4)

    The Ministry of Environment has issued a draft notification proposing legally binding greenhouse gas (GHG) emission targets for over 460 industrial units as part of India’s first compliance-based carbon market.

    The move, aimed at curbing industrial emissions and accelerating decarbonisation, will apply to sectors such as aluminium, iron and steel, petroleum refining, petrochemicals, and textiles.

    Titled the Greenhouse Gas Emission Intensity Target Rules, 2025, the draft, dated June 23, forms part of the Carbon Credit Trading Scheme (CCTS), 2023.

    The scheme requires designated industries – referred to as “obligated entities” – to reduce their GHG emissions per unit of output over time, or compensate by purchasing carbon credit certificates from the Indian Carbon Market.

    According to the draft, “The obligated entity shall achieve the Greenhouse Gases Emissions Intensity (GEI) targets in the respective compliance year… or meet its GEI target by purchasing carbon credit certificates from the Indian carbon market.”

    If implemented, the targets will become legally enforceable from the date of final notification.

    As per the draft, failure to comply will attract financial penalties and legal consequences under the Environment (Protection) Act, 1986.

    The targets will be assigned for two compliance years – 2025-26 and 2026-27 – based on baseline emission intensity data from 2023-24.

    The draft includes a list of 264 industrial units along with their baseline emission levels and reduction targets for the compliance years 2025-26 and 2026-27.

    The Bureau of Energy Efficiency (BEE) will determine these targets using sectoral benchmarks and past performance. Greenhouse gas emission intensity (GEI) is defined as tonnes of CO2 equivalent emitted per unit of output or product.

    For example, Hindalco Industries’ Taloja aluminium plant in Maharashtra, which had a baseline GEI of 1.3386 tCO2 per tonne in 2023-24, must reduce that figure to 1.2563 by 2026-27. In the steel sector, Arcelor Mittal Nippon Steel India’s Hazira facility – India’s largest obligated entity by production volume – must cut its emission intensity from 2.2701 to 2.1696 tCO2 per tonne during the same period.

    The rules also cover the petroleum refining sector. BPCL’s Bina Refinery in Madhya Pradesh, with a crude throughput of over 51 million barrels, has been assigned a GEI reduction trajectory from 5.2312 tCO2/MBBLS in 2023-24 to 4.8553 by 2026-27. BPCL’s Kochi
    Refinery, one of the largest in the country, must bring down its GEI from 4.5745 to 4.4230 tCO2/MBBLS in the same time frame.

    Entities that emit less than their targets will receive carbon credit certificates, calculated as the difference between the GEI target and actual GEI, multiplied by the total production volume.

    Conversely, those exceeding their targets must buy the difference in credits from the Indian Carbon Market. “The number of carbon credit certificates to be issued… shall be determined as per the following formula: (GEI Target – GEI Achieved) x Unit of equivalent product produced,” the draft states.

    Unused credits can be banked for future use, allowing companies some flexibility across compliance years.

    However, if an entity fails to meet its target and does not purchase the required credits, the Central Pollution Control Board (CPCB) will impose an Environmental Compensation.

    This amount will be “equal to twice the average price at which a carbon credit certificate is traded during the trading cycle,” as per the notification. The penalty must be paid within 90 days.

    Funds collected will be used to support carbon market operations, upon recommendation of the National Steering Committee and approval of the Centre.

    The ministry has invited comments, objections, or suggestions from the public and industry stakeholders. Submissions must be made within 60 days of the draft’s publication and can be emailed to ccts.hsm-moefcc@gov.in.

    (ANI)

  • Blast in Telangana chemical factory kills at least fight; PM Modi announces ₹2 lakh ex-gratia

    Source: Government of India

    Source: Government of India (4)

    At least eight people were killed and 26 others injured in an explosion at a chemical factory in Telangana’s Sangareddy district on Monday. Prime Minister Narendra Modi expressed sorrow over the loss of lives and announced an ex-gratia of ₹2 lakh for the next of kin of each deceased and ₹50,000 for the injured from the Prime Minister’s National Relief Fund (PMNRF).

    In a post on social media platform X, the Prime Minister’s Office said:
    “Anguished by the loss of lives due to a fire tragedy at a factory in Sangareddy, Telangana. Condolences to those who have lost their loved ones. May the injured recover soon. An ex-gratia of ₹2 lakh from PMNRF would be given to the next of kin of each deceased. The injured would be given ₹50,000: PM @narendramodi.”

    V. Satyanarayana, Inspector General of Police, Multi Zone II, said, “There was a blast at Sigachi Pharma, a chemical production factory in Pasamailaram. The incident occurred between 8:15 and 9:35 am, and the police were informed within 10 minutes. We reached the spot within 20 minutes. NDRF, SDF, and other rescue teams, along with 10 fire engines, arrived at the scene. So far, six bodies have been recovered, and two more people died while undergoing treatment at Chanda Nagar.”

    “A total of eight people have died, and 26 are injured, with two or three in critical condition. Government officials are providing all necessary medical care. There were 150 workers on shift, with 90 present in the blast area. Firefighting operations are ongoing, and the rescue mission is still in progress. Further details will be shared soon,” he added.

    ANI

  • India’s overseas financial assets see robust growth in FY25, RBI data shows

    Source: Government of India

    Source: Government of India (4)

    India recorded a notable expansion in its overseas financial assets during the financial year 2024–25, largely driven by stronger overseas direct investments, higher holdings in currency and deposits, and a rise in reserve assets, according to the latest data released by the Reserve Bank of India (RBI).

    More than 72 per cent of the total increase in India’s foreign financial assets came from these three components, with reserve assets alone contributing over half the growth. The central bank noted that currency and deposits, along with direct investments abroad, also made significant contributions to this expansion.

    “Over 72 per cent of the rise in India’s overseas financial assets was due to an increase in overseas direct investment, currency and deposits,” the RBI said.

    In absolute terms, India’s total external financial assets rose by USD 105.4 billion during FY25. By contrast, the country’s external financial liabilities increased by USD 74.2 billion. This resulted in net claims of non-residents on India declining by USD 31.2 billion over the year.

    The RBI report pointed out that this decline was largely due to a sharper increase in Indian residents’ overseas financial assets—up by USD 60.0 billion—compared to the rise in foreign-owned assets in India, which stood at USD 25.8 billion during the January–March 2025 quarter.

    Reflecting this trend, the ratio of India’s international financial assets to its international financial liabilities improved to 77.5 per cent in March 2025, up from 74.1 per cent a year earlier. This indicates a strengthening of India’s external financial position, offering greater stability in the country’s balance of payments.

    On the liability side, inward direct investments, loans, and currency and deposits remained key drivers. Inward direct investment and loans together made up more than three-fourths of the rise in foreign liabilities of Indian residents in the January–March 2025 period. Loans increased by USD 10.0 billion, while inward direct investments rose by USD 9.7 billion during the quarter.

    -ANI

  • India’s overseas financial assets see robust growth in FY25, RBI data shows

    Source: Government of India

    Source: Government of India (4)

    India recorded a notable expansion in its overseas financial assets during the financial year 2024–25, largely driven by stronger overseas direct investments, higher holdings in currency and deposits, and a rise in reserve assets, according to the latest data released by the Reserve Bank of India (RBI).

    More than 72 per cent of the total increase in India’s foreign financial assets came from these three components, with reserve assets alone contributing over half the growth. The central bank noted that currency and deposits, along with direct investments abroad, also made significant contributions to this expansion.

    “Over 72 per cent of the rise in India’s overseas financial assets was due to an increase in overseas direct investment, currency and deposits,” the RBI said.

    In absolute terms, India’s total external financial assets rose by USD 105.4 billion during FY25. By contrast, the country’s external financial liabilities increased by USD 74.2 billion. This resulted in net claims of non-residents on India declining by USD 31.2 billion over the year.

    The RBI report pointed out that this decline was largely due to a sharper increase in Indian residents’ overseas financial assets—up by USD 60.0 billion—compared to the rise in foreign-owned assets in India, which stood at USD 25.8 billion during the January–March 2025 quarter.

    Reflecting this trend, the ratio of India’s international financial assets to its international financial liabilities improved to 77.5 per cent in March 2025, up from 74.1 per cent a year earlier. This indicates a strengthening of India’s external financial position, offering greater stability in the country’s balance of payments.

    On the liability side, inward direct investments, loans, and currency and deposits remained key drivers. Inward direct investment and loans together made up more than three-fourths of the rise in foreign liabilities of Indian residents in the January–March 2025 period. Loans increased by USD 10.0 billion, while inward direct investments rose by USD 9.7 billion during the quarter.

    -ANI

  • MIL-OSI Economics: Sectoral Deployment of Bank Credit – May 2025

    Source: Reserve Bank of India

    Data on sectoral deployment of bank credit for the month1 of May 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all SCBs, are set out in Statements I and II.

    On a year-on-year (y-o-y) basis, non-food bank credit2 as on the fortnight ended May 30, 2025, grew3 by 9.8 per cent as compared to 16.2 per cent during the corresponding fortnight of the previous year (i.e., May 31, 2024).

    Highlights of the sectoral deployment of bank credit3 as on the fortnight ended May 30, 2025 are given below:

    • Credit to agriculture and allied activities registered a y-o-y growth of 7.5 per cent (21.6 per cent in the corresponding fortnight of the previous year).

    • Credit to industry recorded a y-o-y growth of 4.9 per cent, compared with 8.9 per cent in the corresponding fortnight of the previous year. Among major industries, outstanding credit to ‘all engineering’, ‘construction’ and ‘rubber, plastic and their products’ recorded an accelerated y-o-y growth.

    • Credit to services sector moderated to 9.4 per cent y-o-y (20.7 per cent in the corresponding fortnight of the previous year), primarily due to decelerated growth in credit to ‘non-banking financial companies’ (NBFCs). Credit growth to ‘computer software’ segment remained robust.

    • Credit to personal loans segment registered a decelerated y-o-y growth of 13.7 per cent, as compared with 19.3 per cent a year ago, largely due to moderation in growth of ‘other personal loans’, ‘vehicle loans’ and ‘credit card outstanding’.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/623

    MIL OSI Economics –

  • Israel interested in ties with Syria and Lebanon, foreign minister says

    Source: Government of India

    Source: Government of India (4)

    Israel interested in ties with Syria and Lebanon, foreign minister says

    Israel is interested in establishing official diplomatic ties with old foes Syria and Lebanon, but will not negotiate the fate of the Golan Heights in any peace agreement, Israeli Foreign Minister Gideon Saar said in a press conference on Monday.

    Relations in the region were thrown into uncertainty by more than a year of fighting between Israel and Lebanon from late 2023, in parallel to the war in Gaza, and by the overthrow of former Syrian president Bashar al-Assad in December 2024.

    Israel annexed the Golan Heights in 1981 after capturing most of the area from Syria in the 1967 Six-Day War.

    According to a Reuters report published in May, Israel and Syria’s new Islamist rulers were in direct contact and had held face-to-face meetings aimed at calming tensions and preventing conflict in the border region between the enemies.

    U.S. President Donald Trump met Syria’s president in Saudi Arabia in the same month and urged him to normalise ties with Israel, making a surprise announcement that the U.S. would lift all sanctions on the Islamist-led government.

    Soon after Syria’s Assad was toppled, Israeli troops moved into a demilitarised zone inside Syria, including the Syrian side of strategic Mount Hermon, which overlooks Damascus.

    (Reuters)

  • Israel steps up Gaza bombardment ahead of White House talks on ceasefire

    Source: Government of India

    Source: Government of India (4)

    Palestinians in northern Gaza reported one of the worst nights of Israeli bombardment in weeks after the military issued mass evacuation orders on Monday, while Israeli officials were due in Washington for a new ceasefire push by the Trump administration.

    A day after U.S. President Donald Trump urged an end to the 20-month-old war, a confidant of Prime Minister Benjamin Netanyahu was expected at the White House for talks on a Gaza ceasefire, Iran, and possible wider regional diplomatic deals.

    But on the ground in the Palestinian enclave there was no sign of fighting letting up.

    “Explosions never stopped; they bombed schools and homes. It felt like earthquakes,” said Salah, 60, a father of five children, from Gaza City. “In the news we hear a ceasefire is near, on the ground we see death and we hear explosions.”

    Israeli tanks pushed into the eastern areas of Zeitoun suburb in Gaza City and shelled several areas in the north, while aircraft bombed at least four schools after ordering hundreds of families sheltering inside to leave, residents said.

    At least 25 people were killed in Israeli strikes on Monday, health authorities said, including 10 people killed in Zeitoun.

    There was no immediate comment from the Israeli military, which says Palestinian militants embed among civilians. The militant groups deny this.

    The heavy bombardment followed new evacuation orders to vast areas in the north, where Israeli forces had operated before and left behind wide-scale destruction. The military ordered people there to head south, saying that it planned to fight Hamas militants operating in northern Gaza, including in the heart of Gaza City.

    NEXT STEPS

    A day after Trump called to “Make the deal in Gaza, get the hostages back”, Israel’s strategic affairs minister Ron Dermer, a confidant of Netanyahu’s, was expected on Monday at the White House for talks on Iran and Gaza, an Israeli official said.

    In Israel, Netanyahu’s security cabinet was expected to convene to discuss the next steps in Gaza.

    On Friday, Israel’s military chief said the present ground operation was close to having achieved its goals, and on Sunday, Netanyahu said new opportunities had opened up for recovering the hostages, 20 of whom are believed to still be alive.

    Palestinian and Egyptian sources with knowledge of the latest ceasefire efforts said that mediators Qatar and Egypt have stepped up their contacts with the two warring sides, but that no date has been set yet for a new round of truce talks.

    A Hamas official said that progress depends on Israel changing its position and agreeing to end the war and withdraw from Gaza. Israel says it can end the war only when Hamas is disarmed and dismantled. Hamas refuses to lay down its arms.

    The war began when Hamas fighters stormed in to Israel on October 7 2023, killed 1,200 people, most of them civilians, and took 251 hostages back to Gaza in a surprise attack that led to Israel’s single deadliest day.

    Israel’s subsequent military assault has killed more than 56,000 Palestinians, most of them civilians, according to the Gaza health ministry, has displaced almost the entire 2.3 million population and plunged the enclave into a humanitarian crisis.

    More than 80% of the territory is now an Israeli-militarized zone or under displacement orders, according to the United Nations.

    (Reuters)

  • President Murmu urges focus on ‘One Health’, animal welfare at IVRI convocation

    Source: Government of India

    Source: Government of India (4)

    President Droupadi Murmu on Monday highlighted the growing significance of the ‘One Health’ approach while addressing the convocation ceremony at the Indian Veterinary Research Institute (IVRI) in Bareilly. She called for greater emphasis on animal welfare, sustainable practices, and the role of veterinary science in safeguarding public health.

    “Our culture, rooted in the idea of Ishavasyam Idam Sarvam, teaches us to see the divine in every living being,” Murmu said, adding that the Indian tradition of gods and sages communicating with animals reflects this belief.

    Highlighting concerns over biodiversity loss, the president said, “Many species have either become extinct or are on the verge of extinction. Their conservation is crucial not just for nature but for the health of the Earth.” Referring to the COVID-19 pandemic, she warned that an unchecked consumption-driven model could have devastating effects on both the environment and public health.

    Murmu also emphasised that the ‘One Health’ paradigm—which links human, animal, and environmental health—is gaining traction globally. “Institutes like IVRI can play a key role in preventing and controlling zoonotic diseases,” she said.

    The president further underlined the transformative potential of technology in veterinary science. From genome editing and embryo transfer to AI and big data analytics, she said such tools can revolutionise animal care in India. Murmu encouraged the development of indigenous, low-cost treatments and nutritional solutions for animals, and the reduction of medicines with harmful side effects.

    Praising students for dedicating themselves to the care of animals, she advised them to remain guided by the welfare of the voiceless in moments of doubt. “Think of those innocent beings—you will find your path,” Murmu said.

    Calling on young professionals to become entrepreneurs in animal science, the president said such initiatives could not only support livelihoods but also contribute to the national economy.

    Murmu also lauded IVRI’s role in advancing veterinary research and education, and expressed hope that its graduates would lead the way in building a compassionate, science-driven future.

  • Britain, France and Germany condemn ‘threats’ against head of IAEA watchdog

    Source: Government of India

    Source: Government of India (4)

    Britain, France and Germany condemned on Monday what they described as threats against the head of the International Atomic Energy Agency (IAEA) watchdog, and called on Iran to guarantee the safety of IAEA staff on its territory.

    “France, Germany and the United Kingdom condemn threats against the Director General of the IAEA Rafael Grossi and reiterate our full support to the Agency and the DG in carrying out their mandate,” said a joint statement issued by the foreign affairs ministries of those three countries.

    “We call on Iranian authorities to refrain from any steps to cease cooperation with the IAEA. We urge Iran to immediately resume full cooperation in line with its legally binding obligations, and to take all necessary steps to ensure the safety and security of IAEA personnel,” they added.

    Their joint statement did not specify what threats had been made against Grossi.

    On Monday, Iran said it could not be expected to guarantee the safety of IAEA inspectors, so swiftly after its nuclear sites were hit by Israeli and U.S. strikes in the 12-day war that ended with a ceasefire last week.

    “How can they expect us to ensure the safety and security of the agency’s inspectors when Iran’s peaceful nuclear facilities were attacked a few days ago?” Foreign Ministry spokesperson Esmaeil Baghaei told a news conference.

    The IAEA’s board voted earlier this month to declare that Iran was in violation of its obligations under the global nuclear Non-Proliferation Treaty. Iranian officials have suggested that vote helped pave the way for Israel’s attacks.

    Baghaei said a parliamentary bill approved by the Guardian Council makes it mandatory for the government to suspend cooperation with the UN nuclear watchdog.

    “Iran shouldn’t be expected to accept its obligations under the nuclear Non-Proliferation Treaty (NPT) when the UN nuclear watchdog has stopped short of condemning the attacks on Iran’s nuclear sites,” Baghaei said.

    (Reuters)

  • MIL-OSI Submissions: Work requirements are better at blocking benefits for low-income people than they are at helping those folks find jobs

    Source: The Conversation – USA (2) – By Anne Whitesell, Assistant Professor of Political Science, Miami University

    Meeting work requirements to get government benefits can lead to burdensome paperwork. JackF/iStock via Getty Images Plus

    Republican lawmakers have been battling over a bill that includes massive tax and spending cuts. Much of their disagreement has been over provisions intended to reduce the cost of Medicaid.

    The popular health insurance program, which is funded by both the federal and state governments, covers about 78.5 million low-income and disabled people – more than 1 in 5 Americans.

    On May 22, 2025, the House of Representatives narrowly approved the tax, spending and immigration bill. The legislation, which passed without any support from Democrats, is designed to reduce federal Medicaid spending by requiring anyone enrolled in the program who appears to be able to get a job to either satisfy work requirements or lose their coverage. It’s still unclear, however, whether Senate Republicans would support that provision.

    Although there are few precedents for such a mandate for Medicaid, other safety net programs have been enforcing similar rules for nearly three decades. I’m a political scientist who has extensively studied the work requirements of another safety net program: Temporary Assistance for Needy Families.

    As I explain in my book, “Living Off the Government? Race, Gender, and the Politics of Welfare,” work requirements place extra burdens on low-income families but do little to lift them out of poverty.

    Work requirements for TANF

    TANF gives families with very low incomes some cash they can spend on housing, food, clothing or whatever they need most. The Clinton administration launched it as a replacement for a similar program, Aid to Families with Dependent Children, in 1996. At the time, both political parties were eager to end a welfare system they believed was riddled with abuse. A big goal with TANF was ending the dependence of people getting cash benefits on the government by moving them from welfare to work.

    Many people were removed from the welfare rolls, but not because work requirements led to economic prosperity. Instead, they had trouble navigating the bureaucratic demands.

    TANF is administered by the states. They can set many rules of their own, but they must comply with an important federal requirement: Adult recipients have to work or engage in an authorized alternative activity for at least 30 hours per week. The number of weekly hours is only 20 if the recipient is caring for a child under the age of 6.

    The dozen activities or so that can count toward this quota range from participating in job training programs to engaging in community service.

    Some adults enrolled in TANF are exempt from work requirements, depending on their state’s own policies. The most common exemptions are for people who are ill, have a disability or are over age 60.

    To qualify for TANF, families must have dependent children; in some states pregnant women also qualify. Income limits are set by the state and range from US$307 a month for a family of three in Alabama to $2,935 a month for a family of three in Minnesota.

    Adult TANF recipients face a federal five-year lifetime limit on benefits. States can adopt shorter time limits; Arizona’s is 12 months.

    An administrative burden

    Complying with these work requirements generally means proving that you’re working or making the case that you should be exempt from this mandate. This places what’s known as an “administrative burden” on the people who get cash assistance. It often requires lots of documentation and time. If you have an unpredictable work schedule, inconsistent access to child care or obligations to care for an older relative, this paperwork is hard to deal with.

    What counts as work, how many hours must be completed and who is exempt from these requirements often comes down to a caseworker’s discretion. Social science research shows that this discretion is not equally applied and is often informed by stereotypes.

    The number of people getting cash assistance has fallen sharply since TANF replaced Aid to Families with Dependent Children. In some states caseloads have dropped by more than 50% despite significant population growth.

    Some of this decline happened because recipients got jobs that paid them too much to qualify. The Congressional Budget Office, a nonpartisan office that provides economic research to Congress, attributes, at least in part, an increase in employment among less-educated single mothers in the 1990s to work requirements.

    Not everyone who stopped getting cash benefits through TANF wound up employed, however. Other recipients who did not meet requirements fell into deep poverty.

    Regardless of why people leave the program, when fewer low-income Americans get TANF benefits, the government spends less money on cash assistance. Federal funding has remained flat at $16.5 billion since 1996. Taking inflation into account, the program receives half as much funding as when it was created. In addition, states have used the flexibility granted them to direct most of their TANF funds to priorities other than cash benefits, such as pre-K education.

    Many Americans who get help paying for groceries through the Supplemental Nutrition Assistance Program are also subject to work requirements. People the government calls “able-bodied adults without dependents” can only receive SNAP benefits for three months within a three-year period if they are not employed.

    A failed experiment in Arkansas

    Lawmakers in Congress and in statehouses have debated whether to add work requirements for Medicaid before. More than a dozen states have applied for waivers that would let them give it a try.

    When Arkansas instituted Medicaid work requirements in 2018, during the first Trump administration, it was largely seen as a failure. Some 18,000 people lost their health care coverage, but employment rates did not increase.

    After a court order stopped the policy in 2019, most people regained their coverage.

    Georgia is currently the only state with Medicaid work requirements in effect, after implementing a waiver in July 2023. The program has experienced technical difficulties and has had trouble verifying work activities.

    Other states, including Idaho, Indiana and Kentucky, are already asking the federal government to let them enforce Medicaid work requirements.

    Then-Gov. Asa Hutchinson speaks during a news conference in 2017, in Little Rock, Arkansas, calling for Medicaid work requirements.
    AP Photo/Andrew DeMillo

    What this may mean for Medicaid

    The multitrillion-dollar bill the House passed 215-214 would introduce Medicaid work requirements nationwide by late 2026 for childless adults age 19 to 64, with some exemptions.

    But most people covered by Medicaid in that age range are already working, and those who are not would likely be eligible for work requirement waivers. An analysis by KFF – a nonprofit that informs the public about health issues – shows that in 2023, 44% of Medicaid recipients were working full time and another 20% were working part time. In 2023, that was more than 16 million Americans.

    About 20% of the American adults under 65 who are covered by Medicaid are not working due to illness or disability, or because of caregiving responsibilities, according to KFF. This includes both people caring for young children and those taking care of relatives with an illness or disability. In my own research, I read testimony from families seeking work exemptions because caregiving, including for children with disabilities, was a full-time job.

    The rest of the adults under 65 with Medicaid coverage are not working because they are in school, are retired, cannot find work or have some other reason. It’s approximately 3.9 million Americans. Depending on what counts as “work,” they may be meeting any requirements that could be added to the program.

    The Congressional Budget Office estimates that introducing Medicaid work requirements would save around $300 billion over a decade. Given past experience with work requirements, it is unlikely those savings would come from Americans finding jobs.

    My research suggests it’s more likely that the government would trim spending by taking away the health insurance of people eligible for Medicaid coverage who get tangled up in red tape.

    This article was updated on May 22, 2025, with details about the House of Representatives’ passage of the budget bill.

    Anne Whitesell is a 2024-2025 PRRI Public Fellow.

    – ref. Work requirements are better at blocking benefits for low-income people than they are at helping those folks find jobs – https://theconversation.com/work-requirements-are-better-at-blocking-benefits-for-low-income-people-than-they-are-at-helping-those-folks-find-jobs-256839

    MIL OSI –

  • Massive turnout for Amarnath Yatra ticket collection in Jammu amid tight security

    Source: Government of India

    Source: Government of India (4)

    Devotees gathered in large numbers at Saraswati Dham in Jammu on Monday to collect tickets for the Amarnath Yatra, slated to begin on July 3. 

    Speaking to IANS, many people expressed unwavering faith in India’s security forces and emphasized that fear would not deter them from fulfilling their spiritual aspirations.

    Shakshdeep Jha, who arrived from Mumbai with a group of 15 pilgrims, shared his excitement, saying, “I am very happy to be here. We will carry on the Yatra through the Pahalgam route.”

    When asked about any apprehensions following the recent Pahalgam attack, he replied firmly, “We do not fear anything. Our forces are there to protect us. As long as we have our forces, we can go anywhere without fear. People should come here in large numbers without any fear.”

    Another pilgrim, Deepak Sharma from Uttar Pradesh, spoke of his determination despite the rainy weather. “Even though it’s raining, we are very excited to be here. Right now, we will collect our tickets and proceed for the Yatra through the Pahalgam route,” he said.

    He added that the large turnout of pilgrims would send a message of unity and resilience — “a slap in the face of terrorists.”

    Maya Kaul, another devotee, echoed similar sentiments. “We are six people and will go through the Pahalgam route. We have full confidence in our forces, and there is no need to be afraid. I urge people to come in large numbers to the Amarnath Yatra.”

    Among those standing in long queues amid the heavy rain was a group of 120 people from Bihar.

    A devotee from Darbhanga said, “We are so excited to be here. We cannot express our joy. All the arrangements are excellent. We have complete faith in the Indian Army and are confident they will ensure the Yatra proceeds smoothly.”

    Kajal Wangmare from Maharashtra said she had been standing in line since 3 a.m. “It’s raining, but we are just happy to be here. We know we will have a memorable pilgrimage and return with happy memories,” she told IANS.

    Vikramjeet from Delhi also shared his thoughts, saying, “We are very excited. I also want to send a message to everyone: there is no need to be afraid. The arrangements here are very good, and we are not facing any problems. We believe in our Army, and we are not afraid of anything.”

    Meanwhile, security forces on Monday carried out an extensive joint mock drill along the Jammu–Srinagar National Highway as part of the final preparations for the annual Yatra.

    The exercise aimed to ensure the safety and readiness of the security forces and civil administration ahead of the pilgrimage. Buses were escorted under full security cover during the drill to test the coordination and preparedness of various security units.

    The exercise simulated emergency scenarios such as landslides and other natural disasters, focusing on rapid response, evacuation, and medical aid for stranded pilgrims.

    The simulation involved rescuing trapped vehicles, administering immediate first aid to the injured, and coordinating swift relief efforts through integrated disaster response and security teams.

    The first batch of pilgrims will be flagged off from the Jammu base camp on July 2. The Yatra will commence the following day via both the Pahalgam and Baltal routes.

    —IANS

  • 88 pc global firms now have dedicated AI budgets; focus shifts to intelligent agents: Report

    Source: Government of India

    Source: Government of India (4)

    Nearly 88 per cent of global enterprises now have dedicated budgets for Artificial Intelligence (AI), with nearly two-thirds of them spending over 15 per cent of their overall tech budgets on AI projects, a new report said on Monday.

    This major investment push marks a clear shift from early experimentation with Generative AI to building intelligent, goal-oriented systems known as AI agents, according to data compiled by Nasscom.

    Titled ‘Enterprise Experiments with AI Agents – 2025 Global Trends,’ the report provides a comprehensive look at how companies across the globe are preparing for the next phase of AI adoption.

    Sangeeta Gupta, Senior Vice President and Chief Strategy Officer at Nasscom, said that enterprises are at a crucial turning point.

    “AI agents represent the next evolution of enterprise AI — one that requires philosophical shifts in how we view work, intelligence, and autonomy,” she said.

    However, she also emphasised that scaling AI systems responsibly would require strong trust, data readiness, and continuous human oversight.

    Based on responses from over 100 companies across 8–9 global regions and more than 10 industries, the study shows how enterprises are moving beyond passive data analysis to more active AI systems that can perform tasks and make decisions with human oversight.

    The report shows that businesses are strengthening their AI foundation through investments in GenAI tools, data infrastructure, and flexible processes.

    Many companies have already formed specialised AI teams and are working with advanced platforms, upgrading their tech setups to support the deployment of AI agents.

    However, despite high awareness of Generative AI, only half of the surveyed companies are fine-tuning large language models (LLMs) or foundation models for their own needs.

    One of the biggest highlights of the report is the growing interest in Agentic AI — systems designed to act independently while still being monitored by humans.

    About 62 per cent of companies are experimenting with such AI agents, mainly for internal tasks such as IT operations, HR, and finance.

    External uses, like customer service, are still limited, with only 31 per cent of enterprises using Agentic AI in those areas.

    However, looking ahead, 88 per cent of companies plan to set aside budgets specifically for Agentic AI systems in 2025.

    The report also reveals that most companies are being cautious. Around 77 per cent are designing Agentic AI systems with a ‘human-in-the-loop’ model to ensure oversight and adaptability.

    Only 46 per cent are testing fully autonomous agents. Manufacturing companies appear to be ahead in adoption, using AI for robotics, quality control, and other operational areas.

    When it comes to benefits, companies believe AI agents can help in making faster decisions and responding better to market changes, the report said.

    (IANS)

  • MIL-OSI Banking: World Chambers Federation announces new leadership for 2025–2028

    Source: International Chamber of Commerce

    Headline: World Chambers Federation announces new leadership for 2025–2028

    Mr. Marcelo Elizondo Secretary and Member of the Board, Argentine Chamber of Commerce and Services (Argentina) Mr. Andrew McKellar CEO, Australian Chamber of Commerce and Industry (Australia) Mr. Atef Al Khaja CEO, Bahrain Chamber of Commerce and Industry (Bahrain)   Mr. Tom Laveren CEO, Voka Chamber of Commerce Mechelen-Kempen (Belgium)   Mr. Jean Pierre Antelo President, CAINCO (Bolivia) Ms. Maria Bustamante President, FIESC Chamber of Foreign Trade (Brazil)  Mr. Daniel Campos Caramori Vice-President, Canadian Chamber of Commerce (Canada)  Mr. José Ovidio Claros Polanco President, Bogota Chamber of Commerce (Colombia)  Ms. Rim Siam President of the Economic Business Women Council, Alexandria Chamber of Commerce (Egypt)   Ms. Leticia Escobar President, Chamber of Commerce and Industry of El Salvador (El Salvador)  Mr. Giorgi Pertaia President, Georgian Chamber of Commerce and Industry (Georgia)  Mr. Volker Treier Chief Executive of Foreign Trade and Board Member, German Chamber of Commerce and Industry (Germany)   Mr. Ashish Vaid Past President, IMC Chamber of Commerce and Industry (India)  Mr. Mohammad Khazaee Torshizi Senior Advisor to the President, Iran Chamber of Commerce, Industries, Mines and Agriculture (Iran) Ms. Gilit Rubinstein CEO, Federation of Israeli Chambers of Commerce (Israel)  Mr. Dario Gallina Past President, Torino Chamber of Commerce (Italy)  Mr. Aigars Rostovskis President, Latvian Chamber of Commerce and Industry (Latvia)   Mr. Katsuya Igarashi Executive Director, Japan Chamber of Commerce and Industry (Japan)  Dr. Erick Rutto President, Kenya National Chamber of Commerce and Industry (Kenya)  Mr. Rabih Sabra Director General, Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon (Lebanon)   Ms. Charlotte Parkhill Chair, Auckland Business Chamber (New Zealand)   Mr. Gabriel Idahosa President, Lagos Chamber of Commerce and Industry (Nigeria)  Mr. Trajan Angeloski President, Macedonian Chamber of Commerce (North Macedonia)  Ms. Tamader Al Thani Director of International Relations and Chamber Affairs, Qatar Chamber of Commerce and Industry (Qatar)  Mr. Ovidiu Ioan Silaghi Secretary General, Chamber of Commerce and Industry of Romania (Romania)  Mr. Marko Cadez President, Chamber of Commerce and Industry of Serbia (Serbia)   Ms. Melanie Veness CEO and Chairperson, PMCB and Association of South African Chambers (South Africa)  Mr. Seong Woo Lee Vice-President, Korea Chamber of Commerce and Industry (South Korea)  Mr. Adolfo Díaz-Ambrona Secretary General, Spain Chamber of Commerce (Spain)  Mr. Izzet Volkan Chairman of the Board, Corlu Chamber of Commerce and Industry (Türkiye)  Mr. Salem Al Shamsi Vice-President for International Relations, Dubai Chambers (United Arab Emirates)   Mr. Gennadiy Chyzhykov President, Ukrainian Chamber of Commerce (Ukraine)  Mr. Ahmed M. El Wakil President, Association of the Mediterranean Chambers of Commerce and Industry (ASCAME) (Transnational)  Mr. Yousef Khalawi Secretary General, Islamic Chamber of Commerce and Development (Transnational)  Mr. Natalio Mario Grinman President, Ibero-American Association of Chambers of Commerce (AICO) (Transnational)  Mr. Peter McMullin President, Confederation of Asia Pacific Chambers of Commerce and Industry (CACCI) (Transnational)  Mr. Ben Butters CEO, Eurochambres (Transnational)  Dr. Khaled Hanafy Secretary General, Union of Arab Chambers (Transnational) 

    MIL OSI Global Banks –

  • MIL-OSI: CryptoMiningFirm Launches GreenMine 2.0: A Next-Generation, AI-Powered, Carbon-Neutral Cloud Mining Platform

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 30, 2025 (GLOBE NEWSWIRE) — CryptoMiningFirm, a global innovator in green cloud mining solutions, today announced the official launch of its next-generation platform, GreenMine 2.0, a fully automated and carbon-neutral cloud mining ecosystem. With this release, CryptoMiningFirm aims to democratize cryptocurrency mining by eliminating traditional entry barriers such as hardware investment, technical expertise, and high electricity costs.

    Leveraging AI-driven automation, renewable energy, and a zero-threshold onboarding model, GreenMine 2.0 empowers users globally to generate passive income through the mining of Bitcoin, Litecoin, Dogecoin, and other top digital currencies — directly from their mobile devices.

    Bitcoin Nears All-Time Highs as Cloud Mining Demand Surges

    CryptoMiningFirm’s announcement comes amid a dramatic surge in Bitcoin prices, which recently rose to $107,340, edging closer to its historical high of $111,917. The rally has been fueled by strong inflows into spot ETFs — with BlackRock’s IBIT alone accounting for over $1.3 billion in net inflows in a single week — and growing expectations of U.S. Federal Reserve interest rate cuts.

    “With global interest in cryptocurrency reigniting, there’s no better time to introduce a smarter, cleaner way to mine digital assets,” said Jane Doe, CEO of CryptoMiningFirm. “We built GreenMine 2.0 so that anyone, anywhere — with no technical skills or capital investment — can tap into the world of crypto mining and start earning immediately.”

    Key Features of CryptoMiningFirm’s GreenMine 2.0

    1. Zero Entry Barrier:

    Users can register in under a minute and receive a free welcome bonus worth $10–$100, allowing them to mine without any upfront investment. The platform guarantees a minimum daily earning of $0.60 from this bonus alone.

    2. Smart Mining Automation:

    The platform’s AI intelligently selects the most profitable cryptocurrencies to mine in real time based on network difficulty, market volatility, and block rewards. Mining is completely automated — no hardware, no coding, and no daily intervention required.

    3. Carbon-Neutral Infrastructure:

    GreenMine 2.0 is powered entirely by 100% renewable energy, including solar and wind sources. The company has also implemented thermal recovery systems that redirect excess heat into local community heating projects, aligning with ESG best practices.

    4. Transparent & Flexible Plans:

    With more than 10 mining contracts available, users can choose between short-term high-yield plans or longer-term value accumulation. Contracts support a wide array of cryptocurrencies including BTC, ETH, DOGE, LTC, and XRP.

    5. App-Enabled Wealth Management:

    Available on both iOS and Android, the CryptoMiningFirm app allows users to monitor real-time earnings, manage contracts, and withdraw funds in just a few taps. Withdrawals are processed in under 60 seconds, with support for over 10 cryptocurrencies.

    A Sustainable Model for Global Crypto Adoption

    CryptoMiningFirm’s cloud-based model solves one of the most pressing challenges in traditional mining: environmental impact. By leveraging globally distributed data centers powered by clean energy, the company eliminates the massive carbon footprint typically associated with crypto mining.

    In addition to zero hardware requirements, the company operates with no hidden fees, offers round-the-clock support, and ensures 100% platform uptime — features that have quickly made it a top choice for both beginners and crypto veterans.

    “GreenMine 2.0 is more than a mining platform. It’s a financial empowerment tool,” said Jane Doe. “Whether you’re a student in India, a remote worker in Kenya, or a retiree in Canada — you can now participate in the crypto economy without risks or restrictions.”

    New Referral and Affiliate System

    To further expand its global user base, CryptoMiningFirm has introduced a referral program that offers up to 4.5% in commissions, capped at $10,000 per referral. This system enables users to monetize their networks while contributing to the adoption of decentralized finance (DeFi) tools worldwide.

    Upcoming Roadmap & Expansion

    The company plans to roll out several enhancements in the coming months, including:

    • Smart contract-based earnings verification for transparency and auditability
    •  Staking-as-a-Service modules to complement mining income
    •  AI portfolio rebalancing tools to help users maximize ROI across digital assets

    Localized data centers in Latin America and Southeast Asia to reduce latency and boost regional performance

    CryptoMiningFirm is also working on integrating Fiat-to-Crypto payment gateways, allowing users to fund accounts via credit cards or bank transfers and further easing access for first-time crypto users.

    Industry Recognition and Compliance

    With its focus on transparency, CryptoMiningFirm adheres to international KYC/AML standards and has undergone multiple third-party audits of its smart contract framework and platform code. The firm is registered in multiple jurisdictions and complies with local data privacy and digital asset laws.

    The company’s current user base spans over 80 countries, with the largest adoption seen in the U.S., Nigeria, India, and Brazil. More than 120,000 active users have joined the platform since its soft launch earlier this year.

    About CryptoMiningFirm

    Founded in 2020, CryptoMiningFirm is a leading provider of green cloud mining solutions that allow individuals and institutions to generate passive income from cryptocurrencies without the need for technical expertise or hardware investments. The company is committed to reshaping the crypto mining landscape through innovation, sustainability, and global accessibility.

    For more information, visit the official website: https://cryptominingfirm.com

    Attachment

    The MIL Network –

  • Nirmala Sitharaman embarks on official visit to Spain, Portugal, and Brazil for high-level multilateral engagements

    Source: Government of India

    Source: Government of India (4)

    Union Finance and Corporate Affairs Minister Nirmala Sitharaman embarked on an official six-day visit to Spain, Portugal, and Brazil on Monday.

    Leading a delegation from the Department of Economic Affairs, Ministry of Finance, Sitharaman is set to participate in a series of high-level multilateral and bilateral engagements during the visit, which runs from June 30 to July 5, the Ministry of Finance said in a statement.

    During her visit to Seville, Spain, the Finance Minister will represent India at the 4th International Conference on Financing for Development (FFD4), organised by the United Nations. She is scheduled to deliver India’s national statement at the conference, reaffirming India’s commitment to sustainable development and inclusive growth.

    In addition, Sitharaman will deliver the keynote address at the International Business Forum Leadership Summit, themed “From FFD4 Outcome to Implementation: Unlocking the Potential of Private Capital for Sustainable Development.” Her engagements in Spain will also include bilateral meetings with senior ministers from Germany, Peru, and New Zealand, as well as discussions with the President of the European Investment Bank (EIB).

    Following her engagements in Spain, the Finance Minister will travel to Lisbon, Portugal, where she is expected to meet with her Portuguese counterpart for bilateral discussions. She will also engage with prominent investors and members of the Indian diaspora to deepen economic and cultural ties between India and Portugal.

    The final leg of her visit will take place in Rio de Janeiro, Brazil. There, Sitharaman will represent India at the 10th Annual Meeting of the New Development Bank (NDB), where she serves as India’s Governor. She will also attend the first BRICS Finance Ministers and Central Bank Governors Meeting (FMCBG), reinforcing India’s active role in shaping the economic agenda of the BRICS bloc.

    As part of the NDB’s flagship event, the Finance Minister will speak at the Governors Seminar on “Building a Premier Multilateral Development Bank for the Global South,” highlighting India’s vision for inclusive financial institutions. She is also scheduled to hold bilateral meetings on the sidelines with her counterparts from Brazil, China, Indonesia, and Russia, focusing on key areas of mutual economic interest and multilateral cooperation.

  • MIL-OSI Russia: NSU has completed an internship program for foreign specialists in the field of engineering InteRussia

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    The Novosibirsk State University has completed the InteRussia internship program for foreign engineering specialists, which ran from June 2 to 27. Akademgorodok was visited by 17 students from 14 countries, including Chile, Jordan, India, Pakistan, Brazil, Albania, Serbia, Bangladesh, Turkmenistan, Belarus, Indonesia, Ecuador, Uzbekistan, and Tanzania. This was the first experience for the university in holding such a long event with the participation of young researchers from different countries.

    The internship was organized by the Gorchakov Fund, the Siberian Branch of the Russian Academy of Sciences, and the ANO “Mezhdunarodniki” with the support of the Directorate of the World Youth Festival and the Presidential Grants Fund.

    Adelina Kozulina, an employee of the NSU Education Export Department and coordinator of the InteRussia international internship, summed up the results of the project and commented:

    — This is our second experience of holding an international internship Interussia together with the Gorchakov Fund. I think that this time the experience was very positive. The guys were friendly and sociable, they really successfully integrated into our team and the academic atmosphere. It was very easy to interact and communicate with them. This time we had a wider geography, the participants came from different countries. For the NSU Education Export Department, this was a very interesting experience.

    For a month, young researchers were trained at the university in two promising areas – “Artificial Intelligence and Medicine” and “Modern Quantum and Information Technologies in Electronics and Photonics”. The event resulted in the preparation and presentation of their own scientific project.

    Evgeny Pavlovsky, Head of the Laboratory of Streaming Data Analytics and Machine Learning Faculty of Mechanics and Mathematics of NSU and the head of the Artificial Intelligence and Medicine department, noted at the school’s closing ceremony:

    — I am glad that we successfully held and completed this school, which involved very talented young researchers. Thanks to this internship, you not only learned something new, but also got imbued with the special atmosphere of Akademgorodok. You made new contacts and will continue to work together. I am sure that you can become those who will shape our good future with artificial intelligence both in healthcare and in other areas.

    Artur Pogosov, professor of the Department of Semiconductor Physics Physics Department of NSU, Head of the Department of General Physics at NSU Physics Department, thanked the participants for their energy, attention and curiosity:

    — Quantum mechanics and quantum computing is an amazing and complex field of knowledge, based on deep philosophical ideas. As a rule, our students spend an entire academic year to master this area. For you, it was rather a quick and unexpected jump. But even this short period allowed you to see the complexity, beauty and mystery of the quantum world. I wish you success in your further studies, research, a brilliant career and future.

    The school participants thanked the organizers and noted the special friendly atmosphere that had developed during the internship. They also expressed confidence that they would interact and continue their joint research work.

    Annageldi Khydyrov, Turkmenistan:

    — I work as a leading programmer and developer in the field of AI. This is not my first trip to Russia. This time I chose the direction of “Artificial Intelligence and Medicine”. My experience here will be very helpful for my further research. The professors taught at the highest level, we not only studied theory, but also practiced. Previously, I was little familiar with the use of AI in medicine, thanks to this internship, new horizons of understanding opened up for me. We became very close friends with all the participants, I am sure that we will continue to cooperate.

    Bashar Firas Issaf Al-Sayegh, Jordan:

    — I chose quantum technologies because I have a basic background in physics and am currently deciding in which area to continue my studies and research. This international internship allowed me to make a choice regarding the topic of my master’s and later doctoral dissertations. This concerns the technical side and training. I would also like to note the social aspect. It was a wonderful experience for all participants. We met people from all over the world, we talked about our cultures, languages, traditions, heritage and religions. This is a unique experience for me as well, because now I know that there are people on this planet who have the same ambitions, needs and human feelings. I am returning home more confident and with a stock of interesting stories.

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

    MIL OSI Russia News –

  • GST turns eight: Unified tax system delivers record ₹22 lakh crore collection

    Source: Government of India

    Source: Government of India (4)

    India’s Goods and Services Tax (GST) will complete eight years since its rollout on July 1, marking a significant milestone in the country’s economic integration journey.

    Introduced in 2017 to replace a maze of indirect taxes, GST was hailed by Prime Minister Narendra Modi as “a path-breaking legislation for New India.” Over time, the reform has reshaped tax compliance, improved business efficiency and bolstered government revenues.

    In 2024–25, gross GST collections touched a record ₹22.08 lakh crore, registering a year-on-year growth of 9.4 per cent. This is more than double the ₹11.37 lakh crore collected in 2020–21, when average monthly collections stood at ₹95,000 crore. By contrast, the average monthly figure in 2024–25 has risen sharply to ₹1.84 lakh crore, reflecting both economic formalisation and improved compliance.

    A recent report by Deloitte, titled GST@8, noted that the past year has been particularly strong for GST performance. The report pointed to government-led reforms, clearer guidelines for taxpayers and steady technological upgrades of the GST portal as key reasons for the record collection figures.

    The tax structure itself is designed to balance simplicity with revenue needs. GST rates in India are distributed across four primary slabs: 5 per cent, 12 per cent, 18 per cent and 28 per cent. Special rates apply in select cases—such as 3 per cent on gold, silver and jewellery, 1.5 per cent on cut and polished diamonds and 0.25 per cent on rough diamonds. A GST Compensation Cess, levied on goods like tobacco products and aerated drinks, continues to support states facing revenue gaps post-GST transition.

    Since its launch in July 2017, the number of active GST registrations has climbed significantly, reaching over 1.51 crore by April 30, 2025. This growth reflects greater tax base coverage and increased formalisation across sectors. Alongside this, the dual GST model—comprising Central GST (CGST), State GST (SGST) for intra-state transactions and Integrated GST (IGST) for inter-state trade—has ensured equitable revenue distribution between the Centre and states.

    From ₹14.83 lakh crore in collections in 2021–22 to ₹18.08 lakh crore in 2022–23 and ₹20.18 lakh crore in 2023–24, the GST revenue trajectory underscores a steady rise in compliance and economic activity. Sector-specific exemptions, including those for healthcare and education, have kept essential services affordable, while digital compliance through the GSTN portal has simplified filing for businesses large and small.

  • GST turns eight: Unified tax system delivers record ₹22 lakh crore collection

    Source: Government of India

    Source: Government of India (4)

    India’s Goods and Services Tax (GST) will complete eight years since its rollout on July 1, marking a significant milestone in the country’s economic integration journey.

    Introduced in 2017 to replace a maze of indirect taxes, GST was hailed by Prime Minister Narendra Modi as “a path-breaking legislation for New India.” Over time, the reform has reshaped tax compliance, improved business efficiency and bolstered government revenues.

    In 2024–25, gross GST collections touched a record ₹22.08 lakh crore, registering a year-on-year growth of 9.4 per cent. This is more than double the ₹11.37 lakh crore collected in 2020–21, when average monthly collections stood at ₹95,000 crore. By contrast, the average monthly figure in 2024–25 has risen sharply to ₹1.84 lakh crore, reflecting both economic formalisation and improved compliance.

    A recent report by Deloitte, titled GST@8, noted that the past year has been particularly strong for GST performance. The report pointed to government-led reforms, clearer guidelines for taxpayers and steady technological upgrades of the GST portal as key reasons for the record collection figures.

    The tax structure itself is designed to balance simplicity with revenue needs. GST rates in India are distributed across four primary slabs: 5 per cent, 12 per cent, 18 per cent and 28 per cent. Special rates apply in select cases—such as 3 per cent on gold, silver and jewellery, 1.5 per cent on cut and polished diamonds and 0.25 per cent on rough diamonds. A GST Compensation Cess, levied on goods like tobacco products and aerated drinks, continues to support states facing revenue gaps post-GST transition.

    Since its launch in July 2017, the number of active GST registrations has climbed significantly, reaching over 1.51 crore by April 30, 2025. This growth reflects greater tax base coverage and increased formalisation across sectors. Alongside this, the dual GST model—comprising Central GST (CGST), State GST (SGST) for intra-state transactions and Integrated GST (IGST) for inter-state trade—has ensured equitable revenue distribution between the Centre and states.

    From ₹14.83 lakh crore in collections in 2021–22 to ₹18.08 lakh crore in 2022–23 and ₹20.18 lakh crore in 2023–24, the GST revenue trajectory underscores a steady rise in compliance and economic activity. Sector-specific exemptions, including those for healthcare and education, have kept essential services affordable, while digital compliance through the GSTN portal has simplified filing for businesses large and small.

  • The Dalai Lama, a tireless advocate for Tibet and its people

    Source: Government of India

    Source: Government of India (4)

    The Dalai Lama, the spiritual head of Tibetan Buddhism, has often called himself a simple monk, but for more than 60 years armed with little more than charm and conviction, he has managed to keep the cause of his people in the international spotlight.

    Tenzin Gyatso, the 14th Dalai Lama, fled into exile in India in 1959 with thousands of other Tibetans after a failed uprising against Chinese rule. Since then, he has advocated for a non-violent “Middle Way” to seeking autonomy and religious freedom for Tibetan people, gaining the 1989 Nobel Peace Prize for his efforts.

    He has met with scores of world leaders, while inspiring millions with his cheerful disposition and views on life such as “Be kind whenever possible. It is always possible.”

    But his popularity irks China which views him as a dangerous separatist, with one former Communist Party boss describing him as “a jackal” and having “the heart of a beast”.

    The Dalai Lama turns 90 on Sunday, a particularly important birthday as he has flagged that he may say more about a potential successor around then. Tibetan tradition holds that the soul of a senior Buddhist monk is reincarnated in the body of a child upon his death.

    In a book, “Voices for the Voiceless”, published earlier this year, he said Tibetans worldwide want the institution of the Dalai Lama to continue after his death and specified that his successor would be born in the “free world”, which he described as outside China.

    The statements were his strongest yet about the likelihood of a successor. In previous years, he has also said that his successor might be a girl and it is possible that there might be no successor at all.

    He has, however, stated that any successor chosen by China, which has piled pressure on foreign governments to shun him, will not be respected.

    FLIGHT INTO EXILE

    The Dalai Lama was born Lhamo Dhondup in 1935 to a family of buckwheat and barley farmers in what is now the northwestern Chinese province of Qinghai. At the age of two, he was deemed by a search party to be the 14th reincarnation of Tibet’s spiritual and temporal leader after identifying several of his predecessor’s possessions.

    China took control of Tibet in 1950 in what it called “a peaceful liberation” and the teenage Dalai Lama assumed a political role shortly after, travelling to Beijing to meet Mao Zedong and other Chinese leaders. Nine years later, fears that the Dalai Lama could be kidnapped fuelled a major rebellion.

    The subsequent crackdown by the Chinese army forced him to escape disguised as a common soldier from the palace in Lhasa where his predecessors had held absolute power.

    The Dalai Lama fled to India, settling in Dharamshala, a Himalayan town where he lives in a compound next to a temple ringed by green hills and snow-capped mountains. There, he opened up his government-in-exile to ordinary Tibetans with an elected parliament.

    Disillusioned with how little he had gained from his efforts to engage with Beijing, he announced in 1988 that he had given up on seeking full independence from China, and instead would be seeking cultural and religious autonomy within China.

    In 2011, the Dalai Lama announced he would relinquish his political role, handing over those responsibilities to an elected leader for the Tibetan government-in-exile.

    But he remains active and these days, the Dalai Lama, clad in his customary maroon and saffron robes, continues to receive a constant stream of visitors.

    He has had a number of health problems, including knee surgery and walks with difficulty. Despite that, he expects to live for a long time yet.

    “According to my dream, I may live 110 years,” he told media in December.

    (Reuters)

  • The Dalai Lama, a tireless advocate for Tibet and its people

    Source: Government of India

    Source: Government of India (4)

    The Dalai Lama, the spiritual head of Tibetan Buddhism, has often called himself a simple monk, but for more than 60 years armed with little more than charm and conviction, he has managed to keep the cause of his people in the international spotlight.

    Tenzin Gyatso, the 14th Dalai Lama, fled into exile in India in 1959 with thousands of other Tibetans after a failed uprising against Chinese rule. Since then, he has advocated for a non-violent “Middle Way” to seeking autonomy and religious freedom for Tibetan people, gaining the 1989 Nobel Peace Prize for his efforts.

    He has met with scores of world leaders, while inspiring millions with his cheerful disposition and views on life such as “Be kind whenever possible. It is always possible.”

    But his popularity irks China which views him as a dangerous separatist, with one former Communist Party boss describing him as “a jackal” and having “the heart of a beast”.

    The Dalai Lama turns 90 on Sunday, a particularly important birthday as he has flagged that he may say more about a potential successor around then. Tibetan tradition holds that the soul of a senior Buddhist monk is reincarnated in the body of a child upon his death.

    In a book, “Voices for the Voiceless”, published earlier this year, he said Tibetans worldwide want the institution of the Dalai Lama to continue after his death and specified that his successor would be born in the “free world”, which he described as outside China.

    The statements were his strongest yet about the likelihood of a successor. In previous years, he has also said that his successor might be a girl and it is possible that there might be no successor at all.

    He has, however, stated that any successor chosen by China, which has piled pressure on foreign governments to shun him, will not be respected.

    FLIGHT INTO EXILE

    The Dalai Lama was born Lhamo Dhondup in 1935 to a family of buckwheat and barley farmers in what is now the northwestern Chinese province of Qinghai. At the age of two, he was deemed by a search party to be the 14th reincarnation of Tibet’s spiritual and temporal leader after identifying several of his predecessor’s possessions.

    China took control of Tibet in 1950 in what it called “a peaceful liberation” and the teenage Dalai Lama assumed a political role shortly after, travelling to Beijing to meet Mao Zedong and other Chinese leaders. Nine years later, fears that the Dalai Lama could be kidnapped fuelled a major rebellion.

    The subsequent crackdown by the Chinese army forced him to escape disguised as a common soldier from the palace in Lhasa where his predecessors had held absolute power.

    The Dalai Lama fled to India, settling in Dharamshala, a Himalayan town where he lives in a compound next to a temple ringed by green hills and snow-capped mountains. There, he opened up his government-in-exile to ordinary Tibetans with an elected parliament.

    Disillusioned with how little he had gained from his efforts to engage with Beijing, he announced in 1988 that he had given up on seeking full independence from China, and instead would be seeking cultural and religious autonomy within China.

    In 2011, the Dalai Lama announced he would relinquish his political role, handing over those responsibilities to an elected leader for the Tibetan government-in-exile.

    But he remains active and these days, the Dalai Lama, clad in his customary maroon and saffron robes, continues to receive a constant stream of visitors.

    He has had a number of health problems, including knee surgery and walks with difficulty. Despite that, he expects to live for a long time yet.

    “According to my dream, I may live 110 years,” he told media in December.

    (Reuters)

  • Char Dham Yatra resumes after 24-hour suspension amid heavy rainfall

    Source: Government of India

    Source: Government of India (4)

    The Char Dham Yatra resumed on Monday after a 24-hour suspension was lifted, officials said, as weather conditions slightly improved in parts of Uttarakhand. The pilgrimage had been halted due to continuous rainfall and the heightened risk of landslides across key routes.

    Garhwal Divisional Commissioner Vinay Shankar Pandey confirmed the development, saying, “The 24-hour ban on the Char Dham Yatra has been lifted.” District Magistrates across the Yatra route have been asked to regulate vehicular movement depending on local weather conditions, he added.

    The suspension was imposed on Sunday as a precautionary measure following a cloudburst near Silai on the Barkot-Ydamunotri road in Uttarkashi district. 

    The cloudburst occurred near an under-construction hotel, where 29 workers had taken shelter. Twenty of them were rescued. Debris from the site blocked multiple points along the Yamunotri National Highway, affecting access to the shrine. Authorities later cleared the route, officials said.

    Elsewhere, roads remained blocked in several parts of the state. Landslides disrupted traffic on the National Highway near Nandprayag and Bhaneropani. The Sonprayag–Munkatiya road in Rudraprayag — a key segment for Kedarnath-bound pilgrims — also remained closed.

    Heavy rain has continued in Chamoli, Pauri Garhwal, Dehradun, Rudraprayag and nearby districts. With rivers flowing dangerously close to the danger mark, the administration has issued fresh advisories urging people living near riverbanks to stay alert and take necessary precautions.

    The Char Dham Yatra, which includes pilgrimages to Kedarnath, Badrinath, Gangotri and Yamunotri, sees lakhs of devotees each year. This year’s yatra has been frequently affected by extreme weather conditions.

    -IANS

  • Char Dham Yatra resumes after 24-hour suspension amid heavy rainfall

    Source: Government of India

    Source: Government of India (4)

    The Char Dham Yatra resumed on Monday after a 24-hour suspension was lifted, officials said, as weather conditions slightly improved in parts of Uttarakhand. The pilgrimage had been halted due to continuous rainfall and the heightened risk of landslides across key routes.

    Garhwal Divisional Commissioner Vinay Shankar Pandey confirmed the development, saying, “The 24-hour ban on the Char Dham Yatra has been lifted.” District Magistrates across the Yatra route have been asked to regulate vehicular movement depending on local weather conditions, he added.

    The suspension was imposed on Sunday as a precautionary measure following a cloudburst near Silai on the Barkot-Ydamunotri road in Uttarkashi district. 

    The cloudburst occurred near an under-construction hotel, where 29 workers had taken shelter. Twenty of them were rescued. Debris from the site blocked multiple points along the Yamunotri National Highway, affecting access to the shrine. Authorities later cleared the route, officials said.

    Elsewhere, roads remained blocked in several parts of the state. Landslides disrupted traffic on the National Highway near Nandprayag and Bhaneropani. The Sonprayag–Munkatiya road in Rudraprayag — a key segment for Kedarnath-bound pilgrims — also remained closed.

    Heavy rain has continued in Chamoli, Pauri Garhwal, Dehradun, Rudraprayag and nearby districts. With rivers flowing dangerously close to the danger mark, the administration has issued fresh advisories urging people living near riverbanks to stay alert and take necessary precautions.

    The Char Dham Yatra, which includes pilgrimages to Kedarnath, Badrinath, Gangotri and Yamunotri, sees lakhs of devotees each year. This year’s yatra has been frequently affected by extreme weather conditions.

    -IANS

  • MIL-OSI Banking: Samsung Launches Galaxy M36 5G in India, Introduces Advanced AI Innovations in Mid-Segment Smartphones

    Source: Samsung

     
    Samsung, India’s largest consumer electronics brand, today announced the launch of Galaxy M36 5G, the latest addition to the immensely popular Galaxy M Series. Designed for young Indian consumers, Galaxy M36 5G packs in a suite of AI innovations along with several segment-leading features such as 50MP OIS triple camera, Corning® Gorilla® Glass Victus®+ protection and 6 generations of Android upgrade.
     
    “As part of our commitment to bring meaningful innovations that empower customers’ lives, we are launching the Galaxy M36 5G with segment-leading features and bringing AI innovations at an affordable price point. The stylish & durable Galaxy M36 5G complements our consumers’ lifestyle and with the introduction of Circle to Search with Google and Gemini Live, we are furthering the democratization of mobile AI across the Galaxy ecosystem,” said Akshay S Rao, Director, MX Business, Samsung India.
     
    Democratization of AI
    Galaxy M36 5G will come with Circle to Search with Google, furthering the democratization of mobile AI to even more devices in the Galaxy ecosystem. Built upon Samsung-Google collaboration, Circle to Search brings a seamless search experience to Galaxy users for images, texts and music.  Additionally, it will also introduce new AI experience with Gemini Live, bringing real-time visual conversations with AI to Galaxy users. Through AI-powered assistance, Galaxy users can more naturally engage in conversational interactions that make everyday tasks easier.
     
    All New Design And Monster Durability
    With design at its forefront, Galaxy M36 5G is only 7.7mm slim with a premium camera deco and features segment-leading Corning® Gorilla® Glass Victus®+ protection- making it extremely tough as well as ergonomic. The segment leading protection not only withstands accidental slips and falls but also ensures that users are absolutely worry-free from scratches. Galaxy M36 5G features a 6.7” Full HD+ Super AMOLED display with 120Hz refresh rate and Vision Booster technology making it the perfect device for an unparalleled viewing and smooth scrolling experience even in the outdoor conditions with bright sunlight. Galaxy M36 5G will be available in three vibrant and flaunt worthy colours- Velvet Black, Serene Green and Orange Haze.
     
    Advanced Camera
    Galaxy M36 5G will come with advanced 50MP OIS triple camera to shoot sharp photos and videos. The OIS (Optical Image Stabilization) ensures that videos are shake-free and images are blur-free, allowing users to capture their favorite moments while on the move.  The cameras on Galaxy M36 5G are designed for vivid shots—even in low light, thanks to its Auto Night Mode that takes the Nightography feature to a different level. Users will also be able to record 4K videos on both front and rear cameras, capturing a wide range of colours for true-to-life output. Galaxy M36 5G will serve as a complete package with fantastic features like Photo Remaster and Object Eraser to take user experience to a whole new level. Galaxy M36 5G will also sport a 13MP high-resolution front camera for detailed, sharper selfies.
     
     
    Monster Performance
    Powered by 5nm-based Exynos 1380 processor, Galaxy M36 5G is fast and power-efficient. Equipped with a large vapor cooling chamber, the device will ensure efficient heat dissipation, providing users with a lag-free gaming experience and super smooth processing. With the ultimate speed and connectivity of 5G, users can stay fully connected wherever they go, experiencing faster downloads, smoother streaming, and uninterrupted browsing.
     
    Galaxy M36 5G packs in 5000mAh battery that enables long sessions of browsing, gaming and binge watching. Galaxy M36 5G allows users to stay connected, entertained and productive without interruption. The device supports 25W fast charging, giving more power in less time.

    Galaxy Experiences
    Setting new industry benchmarks, Galaxy M36 5G will offer segment’s best 6 generations of Android upgrades and 6 years of security updates, ensuring a future-ready experience. Galaxy M36 5G will come with One UI 7 out of the box.
     
    One UI 7 comes with a simple, impactful and emotive design, bringing streamlined and cohesive experience to Galaxy users. A simplified home screen, redesigned One UI widgets and lock screen allow users to intuitively and seamlessly customize their devices. For added convenience, Now Bar provides real-time updates that matter most right on the lock screen.
     
    Galaxy M36 5G will also feature one of Samsung’s most innovative security features: Samsung Knox Vault. The hardware-based security system offers comprehensive protection against both hardware and software attacks. It will also include Samsung’s innovative Tap & Pay feature with Samsung Wallet allowing consumers to make secure payments effortlessly.
     

    Product
    Variant
    Introductory Price
    Offers

    Galaxy M36 5G
    6GB+128GB
    INR 16499
     
     
    Including INR 1000 Instant Bank Discount
     

    8GB+128GB
    INR 17999

    8GB+256GB
    INR 20999

     
     
    Galaxy M36 5G will be available on Samsung.com, Amazon and at select retail stores staring July 12, 2025.
     
     
     

    MIL OSI Global Banks –

  • MIL-OSI Banking: Secretary-General of ASEAN delivers Pre-Recorded Remarks at the ASEAN–India Cruise Dialogue 2025

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today delivered a pre-recorded message at the ASEAN–India Cruise Dialogue 2025 which convened in Mahabalipuram, Chennai, India. Bringing together policymakers, port authorities, and tourism leaders, the event explores how cruise tourism can boost connectivity, economic growth, and people-to-people exchanges between ASEAN and India. In his remarks, Dr. Kao lauded the potential of cruise tourism as a catalyst for regional collaboration under the ASEAN–India Year of Tourism 2025. 
     

    The post Secretary-General of ASEAN delivers Pre-Recorded Remarks at the ASEAN–India Cruise Dialogue 2025 appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • More Indians now invest in equities as financialisation of household savings rises: SBI

    Source: Government of India

    Source: Government of India (4)

    The financialisation of household savings in India has gained significant momentum, with the share of equities in household savings rising from 2.5 per cent in FY20 to 5.1 per cent in FY24, according to an SBI Research report released on Monday.

    The report noted that the Indian credit market is witnessing structural shifts, with headline bank credit growth figures potentially masking underlying trends. It added that, going forward, the sources of credit origination through bank deposits—primarily household savings—need to be closely monitored.

    According to the report, public sector banks (PSBs) are expected to show stable growth of 12.2 per cent in FY25, compared to a growth rate of 13.6 per cent in FY24.

    However, PSBs’ share in incremental credit has increased significantly, rising to 56.9 per cent in FY25 from 20 per cent in FY18.

    “The government’s 4R strategy—recognition, resolution, recapitalisation, and reforms—has reaped rich dividends. The asset quality in the banking system is now at a record low of 2.6 per cent in H1 FY25, down from 11.5 per cent in FY18,” the report stated.

    After 14 years of decline, PSBs’ share in outstanding credit has improved to 52.3 per cent in FY25, up from 51.8 per cent in FY24 and down from 75.1 per cent in FY10.

    Sectoral credit growth indicates that lending to various sectors has moderated, driven by a slowdown in credit to the services sector and agriculture and allied activities.

    The share of personal loans in incremental credit growth has declined to 37 per cent in FY25 from 43 per cent in FY24, while the industry’s share has increased to 17 per cent in FY25 from 11 per cent in FY24.

    “The X factor in credit growth is credit to the MSME sector, which has risen by 17.8 per cent year-on-year,” said Dr Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India.

    “Interestingly, MSMEs depend greatly on large corporates through backward integration (and at times, forward integration). Hence, MSME activity levels could be a useful gauge of overall corporate activity, with all financing channels—banks and non-banks—embedded holistically,” he noted.

    Moreover, private credit deals totalled Rs 774 billion in FY24, marking a 7 per cent growth over CY23. This growth is helping meet the diverse financing needs of India Inc. through tailored solutions, primarily via Alternative Investment Funds (AIFs), while the issuance of Non-Convertible Debentures (NCDs) also remains prevalent.

    –IANS

  • New York mayoral candidate Mamdani defends campaign despite Democratic unease

    Source: Government of India

    Source: Government of India (4)

    New York City mayoral candidate Zohran Mamdani defended his democratic socialism on Sunday and argued that his focus on economic issues should serve as a model for the party, even though some top Democrats have been reluctant to embrace him.

    In an interview with NBC’s “Meet the Press,” Mamdani said his agenda of raising taxes on the wealthiest New Yorkers and on corporations to pay for ambitious policies such as free buses, a $30 minimum hourly wage and a rent freeze was not only realistic but tailored to meet the needs of the city’s working residents.

    “It’s the wealthiest city in the wealthiest country in the history of the world, and yet one in four New Yorkers are living in poverty, and the rest are seemingly trapped in a state of anxiety,” he told NBC’s Kristen Welker.

    Mamdani’s stunning victory over former Democratic Governor Andrew Cuomo in Tuesday’s primary election has some party figures worried that his democratic socialism could feed Republican attacks on Democrats as too far left ahead of next year’s midterm elections. Business leaders have also expressed concern about his policies.

    Democrats have struggled to find a coherent message after their resounding loss in the November elections that saw President Donald Trump return to the White House and his Republicans win control of both chambers of Congress. A Reuters/Ipsos poll earlier this month showed that a majority of American Democrats believed their party needs new leadership and to be more focused on economic issues.

    Earlier on Sunday, Democratic House Minority Leader Hakeem Jeffries, who represents part of the city, told ABC’s “This Week” that he wasn’t ready to endorse Mamdani yet, saying that he needed to hear more about Mamdani’s vision.

    Other prominent New York Democrats, including New York Governor Kathy Hochul and Senate Minority Leader Chuck Schumer, have also thus far declined to endorse Mamdani.

    Trump, himself a native New Yorker, told Fox News Channel’s “Sunday Morning Futures with Maria Bartiromo” that if Mamdani wins the mayoral race, “he’d better do the right thing” or Trump would withhold federal funds from the city.

    “He’s a communist. I think it’s very bad for New York,” Trump said.

    Asked about Trump’s claim that he is a communist, Mamdani told NBC it was not true and accused the president of attempting to distract from the fact that “I’m fighting for the very working people that he ran a campaign to empower that he has since then betrayed.”

    He also voiced no concern that Jeffries and other Democrats have not yet endorsed his candidacy.

    “I think that people are catching up to this election,” he said. “What we’re showing is that by putting working people first, by returning to the roots of the Democratic Party, we actually have a path out of this moment where we’re facing authoritarianism in Washington, D.C.”

    Mamdani’s criticism of Israel’s war in Gaza has set him apart from many mainstream Democrats and prompted allegations of antisemitism, which he has fiercely denied. Earlier this month, during an appearance on the political podcast The Bulwark, Mamdani declined to condemn the pro-Palestinian phrase “globalize the intifada,” which some Jews view as antisemitic and a call to violence.

    Jeffries told ABC that Mamdani needed to “clarify his position” on the phrase to reassure Jewish New Yorkers.

    Pressed again on Sunday, Mamdani said it was “not language that I use” but again did not condemn it. He said he did not want to determine for others what words are permissible or impermissible, arguing that Trump has done that by targeting pro-Palestinian activists for their speech.

    “We have to root out that bigotry, and ultimately we do that through the actions,” he said.

    Incumbent Mayor Eric Adams, elected as a Democrat, is running as an independent in November’s election after Trump’s Justice Department dropped corruption charges against him, fueling accusations of a quid pro quo that he has denied. The Republican nominee is Curtis Sliwa, the founder of the Guardian Angels, and lawyer Jim Walden is also running as an independent.

    Cuomo has not yet decided whether to remain in the race as an independent.

    (Reuters)

  • New York mayoral candidate Mamdani defends campaign despite Democratic unease

    Source: Government of India

    Source: Government of India (4)

    New York City mayoral candidate Zohran Mamdani defended his democratic socialism on Sunday and argued that his focus on economic issues should serve as a model for the party, even though some top Democrats have been reluctant to embrace him.

    In an interview with NBC’s “Meet the Press,” Mamdani said his agenda of raising taxes on the wealthiest New Yorkers and on corporations to pay for ambitious policies such as free buses, a $30 minimum hourly wage and a rent freeze was not only realistic but tailored to meet the needs of the city’s working residents.

    “It’s the wealthiest city in the wealthiest country in the history of the world, and yet one in four New Yorkers are living in poverty, and the rest are seemingly trapped in a state of anxiety,” he told NBC’s Kristen Welker.

    Mamdani’s stunning victory over former Democratic Governor Andrew Cuomo in Tuesday’s primary election has some party figures worried that his democratic socialism could feed Republican attacks on Democrats as too far left ahead of next year’s midterm elections. Business leaders have also expressed concern about his policies.

    Democrats have struggled to find a coherent message after their resounding loss in the November elections that saw President Donald Trump return to the White House and his Republicans win control of both chambers of Congress. A Reuters/Ipsos poll earlier this month showed that a majority of American Democrats believed their party needs new leadership and to be more focused on economic issues.

    Earlier on Sunday, Democratic House Minority Leader Hakeem Jeffries, who represents part of the city, told ABC’s “This Week” that he wasn’t ready to endorse Mamdani yet, saying that he needed to hear more about Mamdani’s vision.

    Other prominent New York Democrats, including New York Governor Kathy Hochul and Senate Minority Leader Chuck Schumer, have also thus far declined to endorse Mamdani.

    Trump, himself a native New Yorker, told Fox News Channel’s “Sunday Morning Futures with Maria Bartiromo” that if Mamdani wins the mayoral race, “he’d better do the right thing” or Trump would withhold federal funds from the city.

    “He’s a communist. I think it’s very bad for New York,” Trump said.

    Asked about Trump’s claim that he is a communist, Mamdani told NBC it was not true and accused the president of attempting to distract from the fact that “I’m fighting for the very working people that he ran a campaign to empower that he has since then betrayed.”

    He also voiced no concern that Jeffries and other Democrats have not yet endorsed his candidacy.

    “I think that people are catching up to this election,” he said. “What we’re showing is that by putting working people first, by returning to the roots of the Democratic Party, we actually have a path out of this moment where we’re facing authoritarianism in Washington, D.C.”

    Mamdani’s criticism of Israel’s war in Gaza has set him apart from many mainstream Democrats and prompted allegations of antisemitism, which he has fiercely denied. Earlier this month, during an appearance on the political podcast The Bulwark, Mamdani declined to condemn the pro-Palestinian phrase “globalize the intifada,” which some Jews view as antisemitic and a call to violence.

    Jeffries told ABC that Mamdani needed to “clarify his position” on the phrase to reassure Jewish New Yorkers.

    Pressed again on Sunday, Mamdani said it was “not language that I use” but again did not condemn it. He said he did not want to determine for others what words are permissible or impermissible, arguing that Trump has done that by targeting pro-Palestinian activists for their speech.

    “We have to root out that bigotry, and ultimately we do that through the actions,” he said.

    Incumbent Mayor Eric Adams, elected as a Democrat, is running as an independent in November’s election after Trump’s Justice Department dropped corruption charges against him, fueling accusations of a quid pro quo that he has denied. The Republican nominee is Curtis Sliwa, the founder of the Guardian Angels, and lawyer Jim Walden is also running as an independent.

    Cuomo has not yet decided whether to remain in the race as an independent.

    (Reuters)

  • Pace of Ukraine talks hinges on efforts of Kyiv, Washington, Kremlin says

    Source: Government of India

    Source: Government of India (4)

    The pace of talks to resolve the war in Ukraine depends on Kyiv’s position, the effectiveness of U.S. mediation, and the situation on the ground, Kremlin spokesman Dmitry Peskov said in remarks televised on Sunday.

    Five months into U.S. President Donald Trump’s term, there is no clear end to the war Russia launched in February 2022 against its smaller neighbour, despite his 2024 campaign vow to end it in one day.

    Trump, who has pushed both sides towards ceasefire talks since his January inauguration, said on Friday he thinks “something will happen” about a settlement of the war.

    “A lot depends, naturally, on the position of the Kyiv regime,” Peskov told Belarus 1 TV, the main state television channel in Russia’s neighbour.

    “It depends on how effectively Washington’s mediating efforts continue,” he said, adding that the situation on the ground was another factor that could not be ignored.

    Peskov did not elaborate on what Moscow expects from Washington or Kyiv. Moscow has been demanding that Ukraine cede more land and abandon Western military support, conditions Kyiv calls unacceptable.

    While no date has been set for the next round of talks, Peskov said Russia hoped dates would become clear “in the near future.”

    After a gap of more than three years, Russia and Ukraine held face-to-face talks in Istanbul on May 16 and June 2 that led to a series of prisoner exchanges and the return of their dead soldiers.

    They have made no progress towards a ceasefire, however. Their blueprints for a peace deal shared at the June 2 talks were “absolutely contradictory memorandums”, Russian President Vladimir Putin said on Friday.

    Russia, which already controls about a fifth of Ukraine, continues to advance gradually, gaining ground in recent weeks in Ukraine’s southeastern regions of Donetsk and Dnipropetrovsk, and ramping up air attacks nationwide.

    Turkey, which hosted the previous round of talks, is ready to host them again, it said on Friday.

    (Reuters)

  • Imposition of Emergency was nothing short of Earthquake to destroy Democracy-VP

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>During Emergency the highest court of the land got eclipsed, overturned the verdict of nine High Courts-VP
    The youth of today cannot afford to be unaware of the Emergency — the darkest period, says VP
    Academic institutions are natural organic crucibles of ideation and innovation-VP

    Vice-President, Shri Jagdeep Dhankhar today said that,  “50 years ago, this day, the oldest, the largest and now the most vibrant democracy went through difficult air pocket, unexpected hazard in the shape of headwinds, nothing short of earthquake to destroy democracy. It was imposition of emergency. The night was dark, the cabinet was sidelined. The beleaguered Prime Minister then facing an adverse High Court order, yielded to personal gain, ignoring the entire nation and the President trampled constitutionalism, signed declaration of emergency. What followed for 21, 22 months was turbulent period for our democracy, never imagined. The darkest period of democracy we had the occasion to see.”

    https://twitter.com/VPIndia/status/1937807255123988862

    Addressing students and faculty members as Chief Guest at the Golden Jubilee celebrations of Kumaon University in Nainital, Uttarakhand today he stated, “ A lakh and forty thousand people were put behind bars. They had no access to the justice system. They could not vindicate their Fundamental Rights. Nine High Courts, fortunately, stood the ground and they hail — emergency or no emergency — Fundamental Rights cannot be put on hold, ruling firmly that every citizen of the country has a right which can be fructified by judicial intervention. Unfortunately, the Supreme Court — the highest court of the land — got eclipsed. It overturned the verdict of nine High Courts. It ruled, it decided two things– Emergency declaration thereof is a decision of the Executive, not open to judicial review. And, it is also a decision on the time for how long it will last, and that citizens do not have Fundamental Rights while there is emergency. It was a major setback to the people at large.”

    https://twitter.com/VPIndia/status/1937812746008936600

    Underlining the significance of ‘Samvidhan Hatya Diwas’ for the youth of the day he said, “ Just reflect young boys and girls because you will have to learn about it unless you do it you will not know it. What happened to the Press? Who were the people put behind the bars? They became Prime Ministers of this country. They became Presidents of this country. That was the scenario and that is why to make aware our youth…….you are the most vital stakeholders in governance, in democracy. You therefore cannot forget. or cannot afford not to learn about that darkest period. Very thoughtfully the government of the day decided that this day will be celebrated as ‘Samvidhan Hatya Divas’. The celebration will be that it will never happen again. The celebration will be  that those guilty, those who allowed such kind of transgression of humanity’s rights,  spirit and essence of the Constitution. Who they were? why they did it? In the Supreme Court also, my friend will bear me out, one judge dissented H.R.Khanna, and it was commented by a leading newspaper in the US that if ever democracy returns to Bharat, a monument will surely be built for H.R. Khanna who held his ground.”

    https://twitter.com/VPIndia/status/1937815412747760044

    Stressing on the role of on campus learning, Shri Dhankhar said, “ Academic institutions are much beyond just learning centers for degrees and credentials. Otherwise, why there is difference between virtual learning and a campus learning? You immediately know the time you spend amongst your colleagues on the campus defines your mindset. These places are meant to catalyse the change needed, the change you want, the nation you want. These are natural organic crucibles of ideation and innovation. Ideas come, but there must be ideation of idea. If an idea comes in out of fear of failure, you don’t engage in innovation or trial. Our progress will come to stand still. These are places where worlds envy our demographic youth as the occasion to script not only their own career, but to script the destiny of Bharat. And therefore please get going. There is a tagline of one of the corporate products which you must come across. Just  do it. Am I right? I would add one more. Do it now.”

    https://twitter.com/VPIndia/status/1937818677123911772

    https://twitter.com/VPIndia/status/1937817934614958127

    Emphasising on the importance of alumni and alumni contribution, Shri Dhankhar said, “ Over 50 years you have had large number of Alumni……..Alumni of an Institution is a very important component. You look to social media and google. You will find some Institutions in the developed world have Alumni Fund corpus, more than 10 billion US dollars.  One has a corpus of more than 50 billion US dollars. This comes not as a deluge, it comes by the trickle effect. Let me for instance give an illustration. If these 100,000 alumni of this great Institution decide to make a contribution only of 10,000 rupees a year. The annual amount will be 100 crores……..and just imagine if it is year after year, then you will not be looking here and there. You will be self-sustaining. It will soothe you. Secondly, the alumni will have the occasion to connect with the Alma mater. So you will have easy route….He will handhold you. She will handhold you. So I strongly urge that let there be initiation from Dev Bhoomi about Alumni Association.”

  • The words added in Preamble during emergency have been added as Nasoor; a sacrilege to the spirit of Sanatana-VP

    Source: Government of India

    Source: Government of India (2)

    lign=”center”>What a travesty of justice ! First, we change something which is not changeable, alterable and then change it during Emergency-VP
    Preamble, the soul of the Constitution should have been respected rather than tweaked, altered, and decimated, asserts VP
    Except Bharat, no other constitution’s preamble has undergone change-VP
    A very serious work which cannot be altered, has been casually, farcically, and with no sense of propriety, changed-VP
    Dr. B.R. Ambedkar lives in our hearts, he dominates our mind and touches our soul-VP

    The Vice-President, Shri Jagdeep Dhankhar today said that, “Preamble of any constitution is its soul. The Preamble of the Indian Constitution is unique. Except Bharat, [no other] Constitution’s  Preamble has undergone change and why?  Preamble is not changeable. Preamble is not alterable. Preamble is the basis on which the constitution has grown. Preamble is the seed of the Constitution. It is Soul of the constitution but this Preamble for Bharat was changed by 42nd Constitutional Amendment act of 1976, adding words Socialist, Secular and integrity”.

    https://twitter.com/VPIndia/status/1938876252103799111

    Speaking at an event at the Vice-President’s Enclave today, marking the presentation of the first copy of the copy,  ‘Ambedkar’s Messages’ compiled by Shri D. S. Veeraiah, author and former MLC karnataka, Shri Dhankhar emphasised, “During the Emergency, the darkest period of Indian democracy, when people were behind the bars, Fundamental Rights were suspended. In the name of those — we the people — who were enslaved,  we just go for what? Just a flourish of words? It is to be deprecated beyond words. In Kesavananda Bharati, as I reflected — vs State of Kerala, 1973, a 13-judge bench — the judges focused and deeply reflected on the Preamble of the Constitution. The celebrated judge, Justice H.R. Khanna, I quote: The Preamble serves as a guide to the interpretation of the Constitution and indicates the source from which the Constitution derives its authority — namely, the people of India.”

    “We must reflect. Dr. Ambedkar did painstaking work. He would have surely focused on it. The founding fathers thought it befittingly wise to give us that Preamble. No country’s Preamble has undergone change — except Bharat. But devastatingly, this change was effected for Bharat at a time when people were virtually enslaved. We the people, the ultimate fountain of power — the best of them were languishing in jails. They were denied access to the judicial system. I am referring to the 22 months of draconian Emergency that was proclaimed on 25th June 1975. So, what a travesty of justice ! First, we change something which is not changeable, alterable — something that emanates from We the People — and then, you change it during Emergency. When We the People were bleeding — in heart, in soul — they were in darkness”, he added.

    https://twitter.com/VPIndia/status/1938879085385785752

    “We are changing the soul of the Constitution. We are, as a matter of fact, by this flash of words, added during the darkest period of Emergency — the darkest period for the Constitution of the country. And in the process, if you deeply reflect, we are giving wings to existential challenges. These words have been added as Nasoor (festering wound). These words will create upheaval. Addition of these words in the Preamble during the Emergency signal  betrayal of the mindset of the framers of the Constitution. It is nothing but belittling the civilizational wealth and knowledge of this country for thousands of years. It is sacrilege to the spirit of Sanatana”, he further underlined.

    https://twitter.com/VPIndia/status/1938881671484649672

    Highlighting the Contemporary relevance of Ambedkar’s messages, Shri Dhankhar stated, “ Dr. B.R. Ambedkar lives in our hearts. He dominates our mind and touches our soul….Ambedkar’s messages bear huge contemporaneous relevance for us. His messages need to permeate down the line, up to the family level. The children must come to know about these messages. As someone associated with Parliament by virtue of being Vice-President of the country and Chairman of Rajya Sabha — the Upper House, the House of Elders, the Council of States — I am therefore immensely satisfied to receive ‘Ambedkar’s Messages’ that must be honoured and respected, first and foremost by Parliamentarians and legislators all over the country, then by the policymakers…..We must reflect why our temples of democracy are sacrileged? Why our temples of democracy are ravaged by disruption?”

    He further stated, “Justice Sikri, another celebrated judge in that judgment, says — I quote: “The Preamble of our Constitution is of extreme importance, and the Constitution should be read and interpreted in the light of the grand and noble vision expressed in the Preamble.” The grand and noble vision was trampled. So was Dr. B. R. Ambedkar’s spirit. Thus, unhesitatingly, the Preamble — crafted by the genius of Dr. Ambedkar and approved by the Constituent Assembly, the soul of the Constitution — should have been respected rather than tweaked, altered, and decimated. The change also, friends, militates against our civilizational ethos of thousands of years, where Sanatan philosophy — its spirit and essence — dominated the discourse.”

    Speaking further on the issue, he said, “ Friends, Judiciary is an important pillar of our democracy. I belong to that system, gave better part of my life. Let me  make this audience aware and through you the entire nation what judiciary felt about preamble of the Indian Constitution. There have been,  so far, two benches of the Supreme Court in higher formations, an 11-judge bench in IC Golaknath versus State of Punjab, and another one, 13-judge combination in Kesavanand Bharati. In Golaknath, the issue came up about preamble, and Justice Hidayatullah, reflecting on the situation, stated explicitly, I quote, “The Preamble to our constitution contains in a nutshell its ideals and aspirations. It is not a mere flourish of words, but embodies the objectives which the Constitution seeks to achieve.”

    “Justice Hegde and Justice Mukherjee I quote, in the same judgment, “The preamble of the Constitution, like the soul of the Constitution, is unalterable. As it embodies the fundamental values and the philosophy on which the Constitution is based.” It is nothing  less than an earthquake for a building whose foundations are sought to be changed from the top floor. Justice Shelat and Justice Grover. what they reflected on preamble, I quote, “The preamble to constitution is not mere preface or introduction. It is a part of the constitution and is a key to open the mind of the makers, indicating the general purposes for which the people ordained the constitution.” A very  serious work which cannot be altered, has been casually, farcically,  and with no sense of propriety, changed.”

    https://twitter.com/VPIndia/status/1938886235260624975

    Recalling wise words of Dr B. R. Ambedkar, Shri Dhankhar stated, “ Dr. B.R. Ambedkar was a visionary. He was a statesman. We should never see Dr. B.R. Ambedkar as a politician.  Never see him. If you go through his journey, you will find it can’t be relieved ordinarily. It takes extraordinary human effort, spinal strength to negotiate that journey, the kind of suffering he underwent. Can you ever imagine Dr. B.R. Ambedkar being given Bharat Ratna posthumously? It was my great good fortune to be a member of Parliament in 1989 and a Minister when this one of the greatest sons of soil was conferred posthumously Bharat Ratna but my heart wept. Why so late? Why posthumously? And therefore I quote with deep concern, beseeching everyone in the country to search their souls and think for the nation. He said—–I do not want that our loyalty as Indians should in the slightest way affected by our competitive loyalty, whether that loyalty arises out of our religion, out of our culture or out of our language. I want all people to be Indian first, Indian last and nothing else but Indians…….It was his last address in the Constituent Assembly, 25th November 1949 — a day before the Constitution was signed by the Members of the Constituent Assembly. And what he said — amazing. I would urge everyone in the country to put it in a frame and read it every day. He says — he’s expressing his pain: I quote:

    “What perturbs me greatly is the fact that not only India has once before lost her independence, but she lost it by the infidelity and treachery of some of her own people. Will history repeat itself?”

    He goes on to say — I quote: “It is this thought which fills me with anxiety. This anxiety is deepened by the realization of the fact that in addition to our old enemies in the form of castes and creeds, we are going to have many political parties with diverse and opposing political creeds. Will Indians place the country above their creed? Or will they place creed above the country….. I quote,  “I do not know, but this much is certain that if the parties place creed above country, our independence will be put in jeopardy a second time and probably be lost forever. This eventuality we must all regularly guard against. We must be determined to defend our independence with the last drop of our blood.”