Target achieved under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission
Posted On: 18 MAR 2025 2:57PM by PIB Delhi
The Ministry is implementing Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY – NRLM) across the country (except Delhi & Chandigarh) with the objective of organizing the rural poor women households into Self Help Groups (SHGs) and continuously nurturing and supporting them till they attain appreciable increase in incomes over a period of time and improve their quality of life and come out of abject poverty.
As of 28th February 2025, the Mission is being implemented in 7144 blocks in 745 districts across 28 States and 6 UTs. Cumulatively, 10.05 crore rural women households have been mobilized into more than 90.90 lakh SHGs. A total of Rs. 51368.39 crore of capitalisation support (Revolving Funds and Community Investment Funds) has been provided to SHGs and their federations. From FY 2013-14, an amount of Rs. 10.20 lakh crore bank credit has been accessed by women SHGs under DAY-NRLM.
The State/UT-wise targets and achievements for the FY 2024-25 under Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM) is given below.
The DAY-NRLM scheme under Ministry of Rural Development has taken numerous measures to strengthen marketing support for products made by women Self Help Groups. This includes Saras Melas being organised at National and State levels to promote the sale of SHG products in urban markets. The Ministry in collaboration with Government e-Marketplace (GeM) has created “SARAS Collection” as a Store Front in GeM for marketing of SHG products. Also, Memorandum of Understandings (MoUs) have been signed between the Ministry and Flipkart Internet Pvt. Ltd., Amazon and Fashnear Technologies Pvt. Ltd. (Meesho) to facilitate the Self-Help Group (SHGs) producers including artisans, weavers and craftsmen to access national markets through the Flipkart Samarth programme, Amazon Saheli initiative and Meesho for marketing of SHGs products. A MoU was also signed between MoRD and JioMart for onboarding and marketing of SHGs product. An e-Commerce platform (www.esaras.in) has also been launched by the Ministry for online marketing of SHG products. Further, eSARAS is also live as a Seller Network Participant on ONDC. Curated products of women SHGs are now available on 11 Apps of ONDC network i.e. Paytm, Mystore, Craftsvilla, Jagran, Snapdeal, Novopay, Easypay, Gonuclei, Rubaru, Mappls, Himira etc.
Annexure
State-wise target and achievement of Amount of capitalization support provided to SHGs under DAY-NRLM for the FY 2024-25 (Rs. in Lakhs)
Sl No.
States/UT’s
Targets
Achievement
(as on 28.02.25)
1
Assam
7,174
14,181
2
Nagaland
1,667
2,971
3
Uttarakhand
3,667
6,291
4
West Bengal
52,000
81,404
5
Daman & Diu and Dadra & Nagar Haveli
150
223
6
Himachal Pradesh
1,528
1,986
7
Tripura
7,081
9,125
8
Chhattisgarh
15,899
19,977
9
Odisha
20,395
25,614
10
Bihar
96,389
1,05,132
11
Uttar Pradesh
1,14,137
1,23,326
12
Ladakh
247
263
13
Jammu & Kashmir
2,567
2,668
14
Gujarat
15,690
16,179
15
Maharashtra
53,183
54,719
16
Goa
601
602
17
Karnataka
22,167
21,679
18
Meghalaya
7,519
6,072
19
Tamil Nadu
24,682
18,362
20
Manipur
5,719
3,908
21
Jharkhand
41,919
27,606
22
Rajasthan
30,475
20,021
23
Arunachal Pradesh
2,232
1,327
24
Puducherry
744
420
25
Madhya Pradesh
54,900
25,590
26
Andaman And Nicobar Islands
233
103
27
Punjab
5,140
2,090
28
Kerala
4,539
1,814
29
Mizoram
958
357
30
Telangana
1,505
453
31
Haryana
6,675
1,918
32
Lakshadweep
43
12
33
Andhra Pradesh
2,989
650
34
Sikkim
978
32
Total
6,05,787
5,97,075
State-wise target and achievement of amount of Loan disbursed to SHGs for the FY 2024-25 (Rs in Lakhs)
Sl. No.
States/UTs
Targets
Achievement
(as on 28.02.25)
1
Andaman & Nicobar Islands
200
99
2
Andhra Pradesh
32,19,000
34,83,725
3
Arunachal Pradesh
4,000
3,093
4
Assam
4,10,000
4,64,206
5
Bihar
15,58,000
8,79,591
6
Chhattisgarh
2,14,000
1,98,214
7
Goa
5,000
5,570
8
Gujarat
1,22,000
55,174
9
Haryana
49,000
49,567
10
Himachal Pradesh
30,000
17,096
11
Jammu & Kashmir
60,000
43,563
12
Jharkhand
3,30,000
3,97,269
13
Karnataka
3,53,000
16,18,013
14
Kerala
7,63,000
4,49,610
15
Ladakh
100
74
16
Lakshadweep
100
49
17
Madhya Pradesh
3,35,000
3,24,258
18
Maharashtra
6,38,000
8,25,995
19
Manipur
5,000
3,281
20
Meghalaya
15,000
10,108
21
Mizoram
5,000
1,391
22
Nagaland
5,000
4,566
23
Odisha
8,20,000
10,78,827
24
Puducherry
15,000
16,996
25
Punjab
20,000
13,085
26
Rajasthan
2,55,000
2,15,392
27
Sikkim
5,000
5,100
28
Tamil Nadu
11,55,000
14,11,090
29
Telangana
16,10,000
16,88,421
30
Dadra and Nagar Haveli and Daman and Diu
600
75
31
Tripura
40,000
47,700
32
Uttar Pradesh
2,50,000
2,50,522
33
Uttarakhand
30,000
37,304
34
West Bengal
19,90,000
21,87,156
Total
1,43,11,000
1,57,86,181
State-wise targets and achievement of Mahila Kisans under Agro-Ecological Practices (AEP) and Mahila Kisans having Agri-Nutri Garden (ANG) during FY 2024-25
Sr No
STATE / UTs
Mahila Kisan under AEP
Mahila Kisan household having ANG
Target
Achievement
Target
Achievement
1
Andaman And Nicobar
2,000
734
8,000
1,638
2
Andhra Pradesh
8,50,000
10,43,085
1,50,000
1,13,150
3
Arunachal Pradesh
80,000
42,396
90,000
32,738
4
Assam
3,50,000
4,29,920
5,00,000
5,13,045
5
Bihar
6,00,000
8,23,463
2,00,000
5,50,041
6
Chhattisgarh
2,10,000
1,82,239
2,10,000
1,77,044
7
Goa
660
982
330
826
8
Gujarat
2,50,000
2,22,360
2,50,000
2,19,500
9
Haryana
20,000
22,411
20,000
26,285
10
Himachal Pradesh
70,000
92,301
1,00,000
1,04,553
11
Jammu And Kashmir
1,05,335
1,00,501
1,05,000
74,019
12
Jharkhand
2,32,000
1,19,924
1,00,000
65,024
13
Karnataka
5,00,000
8,08,241
4,50,000
4,67,985
14
Kerala
2,00,000
1,58,140
3,00,000
3,68,789
15
Ladakh
2,200
444
2,500
612
16
Madhya Pradesh
1,50,000
1,90,640
3,00,000
2,68,946
17
Maharashtra
8,00,000
12,97,051
3,00,000
3,33,254
18
Manipur
38,478
9,706
19,734
3,666
19
Meghalaya
80,750
73,255
54,510
48,039
20
Mizoram
4,320
4,937
5,590
7,111
21
Nagaland
30,000
17,359
30,000
17,006
22
Odisha
5,00,000
89,391
10,00,000
1,60,664
23
Puducherry
10,000
2,833
56,000
3,450
24
Punjab
34,000
48,239
34,000
49,133
25
Rajasthan
6,00,000
9,33,294
2,00,000
1,88,241
26
Sikkim
5,000
3,739
5,000
250
27
Tamil Nadu
3,00,000
2,30,092
1,00,000
71,251
28
Telangana
4,00,000
7,38,936
4,00,000
3,62,112
29
Tripura
80,000
81,948
50,000
68,065
30
Uttarakhand
80,000
95,703
75,000
1,02,537
31
Uttar Pradesh
7,00,000
11,37,950
16,00,000
5,88,356
32
West Bengal
3,00,000
4,35,704
3,00,000
1,51,642
Total
75,84,743
94,37,918
70,15,664
51,38,972
State-wise target and achievement of number of enterprises supported under SVEP in 2024-25
No.
State
Targets
Achievement (as on 28.02.25)
1
Andhra Pradesh
0
30
2
Arunachal Pradesh
300
107
3
Assam
10200
9,557
4
Bihar
4300
1,614
5
Chhattisgarh
2,251
1,796
6
Goa
1152
1,002
7
Gujarat
0
0
8
Haryana
0
684
9
Himachal Pradesh
706
612
10
Jammu & Kashmir (UT)
1,376
1,009
11
Jharkhand
2051
1,214
12
Karnataka
680
291
13
Kerala
6952
5,802
14
Madhya Pradesh
2,200
1,837
15
Maharashtra
2,220
1,702
16
Manipur
700
694
17
Meghalaya
616
354
18
Mizoram
1769
946
19
Nagaland
851
29
20
Odisha
1,301
0
21
Punjab
1,194
802
22
Rajasthan
2,452
1,993
23
Sikkim
400
279
24
Tamil Nadu
1,429
1,076
25
Telangana
2,827
1,797
26
Tripura
1528
1,207
27
Uttar Pradesh
3,850
2,831
28
Uttarakhand
960
696
29
West Bengal
7,180
4,933
Total
61,445
44,894
This information was given by the Minister of State for Rural Development Dr. Chandra Sekhar Pemmasani in a written reply in Lok Sabha today.
OPENING REMARKS by Dr Shamila Nair-Bedouelle, Director UNESCO Pacific Regional Office.
Dear Honorable Minister T. C. Schuster, Samoa Minister of Natural Resources and Environment (MNRE)
Dear Diplomatic Corps, High Commissioners, Ambassadors, Heads of UN Agencies
I warmly welcome Dear Representatives from the Pacific Countries who have braved the storm and travelled a long way to be with us today. My most sincere and humble thanks to you. PNG, Solomon Islands, Kiribati, New Caledonia, Vanuatu, Fiji, Tonga, French Polynesia, Tuvalu, Cook Islands and Samoa. Certain experts were held back to monitor the weather situation in their countries.
These experts and representatives are mainly from National Geological Services, National Tsunami Warning Centers, National Volcano Observatories and National Disaster Management Offices (NDMO).
I Warmly thank and Welcome, our partners, the Samoa Meteorological Services, Samoa Disaster Management Office, SPREP, UNDRR, regional partners, the Pacific Community (SPC), JICA, USGS and other partners………… connected online. Especially those who were unable to travel due to the current cyclonic weather conditions.
Dear friends of UNESCO,
It is my honor and pleasure to address you at the opening ceremony of the Science and partnerships for geohazard resilience in the Pacific region towards a Multi-hazard Early Warning System
Firstly, let me extend my deep appreciation to the Government of Samoa for hosting this important event and for their flexibility in organizing this event in such uncertain weather conditions and ALLOWING FOR HYBRID SESSIONS.
Geohazards
Geohazards are defined as an adverse geologic condition capable of causing damage or loss of property or life. These processes only become hazards when humans get in their way.
The Pacific Small Island Developing States (PSIDS) proximity to the Ring of Fire, where volcanic eruptions, earthquakes and tsunamis occur, makes it one of the most vulnerable regions to geohazards in the world.
In celebration of the International Geoscience programme on healing the earth, the 50th Anniversary in 2022 noted and I quote
ONE HEALTH
Earth and Ocean Sciences contribution to the implementation of the SDG’s
The Earth gives and the Earth takes away. It gives humanity the rich tapestry of landscapes within which civilisations and complex societies have flourished, providing the raw materials to build livelihoods and the resources to feed and fuel our modern world.
It takes away through the disasters that emerge from geological violence In the coming decades our planet faces a geological tipping point that threatens the future of humanity and the natural world that sustains it. Geoscience – the science of planet Earth an the ocean sciences – will be vital in averting that calamity.
Geosciences and the ocean sciences
Geoscience studies how our planet works, unravels its four and a half billion year history, and applies that past understanding to present and future societal concerns.
Geohazards History of the PICTs
I am told that,
• 30% of global seismicity is observed in the Southwest Pacific Region
(Lebellegard et al., 2007) and less than 3% of seismic stations are available for
real time monitoring within this area (repartition based on GEVN network).
• 15% of deadly tsunami’s originate from the Southwest Pacific
• 80% of these tsunamis are caused by an earthquake.
• 69% of world tsunamis originate from the Pacific Ocean Basin and marginal seas
• 99% of deaths in the Pacific are caused by local and regional tsunamis.
• We need not to be reminded by the recent events in Vanuatu on 17th December
2024 and the 2022 Hunga- Tonga Hunga Ha’apai Volcano Eruption and Tsunami
Why UNESCO and how can UNESCO support the management of geohazards?
Vision of a world at peace could not be a world without science
Since its establishment after WW2, UNESCO promotes international cooperation in the natural sciences, and marine sciences through its inter governmental and international scientific programmes. UNESCO is home to the inter-governmental hydrological programme, international basic sciences and UNESCO is the only organization with a mandate in the earth sciences. This is the S in UNESCO.
The International Geoscience Programme (IGCP) is the oldest and most successful example of a scientific partnership between a non-governmental organization (the International Union of Geological Sciences; IUGS) and an intergovernmental organization (UNESCO). The IUGS, founded in 1961, with 121 national members representing over a million geoscientists, is one of the world’s largest scientific organizations. It encourages international co-operation and participation in the Earth sciences in relation.
Since 1972, UNESCO, through the International Geoscience Programme (IGCP) and in partnership with the International Union of Geological Sciences (IUGS), has harnessed the intellectual capacity of a worldwide network of geoscientists to lay the foundation for our planet’s future, focusing on responsible and environmental resource extraction, natural hazard resilience and preparedness, and adaptability in an era of changing climate.
For 60 years, UNESCO’s inter governmental Oceanographic Commission promotes international cooperation in marine sciences to improve management of the oceans, coasts and marine resources.
UNESCO, is leading the United Nations OCEAN DECADE FOR SUSTAINABLE DEVELOPMENT 2020-2023 and have launched the Ocean Decade Tsunami Programme (ODTP) in 2021. This is an effort to bolster the global tsunami warning system by reducing response times and enhancing community readiness.
Its main objectives are to:
o Enhance systems’ capacity to issue actionable and timely warnings for tsunamis from all identified sources to 100% of coasts at risk;
o Guarantee that 100% of communities at risk are prepared and resilient to tsunamis by 2030 through efforts like the UNESCO-IOC Tsunami Ready Recognition Programme.
Our UNESCO Natural and Ocean Sciences have joined efforts in convening this Regional Geohazards week-long meeting responding to the call of Pacific Islands Countries and Territories.
UNESCO recognizes the efforts of Pacific Islands Countries and Territories in their collaboration to better understand the science and geohazards risks under the Oceania Regional Seismic Network (ORSNET), Melanesia Volcano Network (MVN), Pacific Islands Landslide Network and the Regional Working Group on Tsunami Warning and Mitigation System for Pacific Islands Countries and Territories (WG-PICT).
Therefore in 2023, the inaugural Science and Partnership for Geohazard Resilience Workshop in Nadi, Fiji was launched. Since then, we can review the outcomes:
• Among PICTs, UNESCO in collaboration with regional and international partners to strengthen PICTs understanding of geoscience and Geohazards through the UNESCO’s.
o International Geoscience Programme (IGCP) and Global Geoparks
In collaboration with SPTO and SPC, Fiji, Vanuatu, Tuvalu recently targeted on the establishment of Geoparks.
o DRR Programme, UNESCO supports Member States.
In collaboration with SPC, UNDRR, UNICEF and others UNESCO is supporting PICTs ( Solomon Islands, Kiribati and Tuvalu) on a 2-year Funded project on Information Management.
o Tsunami Resilience Programme, UNESCO supported;
The review of National Tsunami SOP in Fiji- a pre-requisite for an FJD 72 million Concessional loan
Review of National Tsunami warning and response SOP in Tonga, Solomon Islands and Vanuatu.
Pacific Wave Exercise 2024 – Regional PICT Exercise and National Tsunami Drills in Fiji and Tonga.
Official recognition of 6 PICT communities to be UNESCO/IOC Tsunami Ready Community in 2023-2024.
In December 2023, the PSIDS regional geohazards community of practice discussed the need to better understand the science of geohazards to clearly ascertain threats posed by geohazards among PICTs and the status of:
a) in-country capability of geohazard monitoring and detection and multi-hazard early warning system.
b) Volcano, earthquake, tsunami, and landslide sciences among PICTs
c) seismic data sharing for earthquake, volcano and tsunami monitoring and
detection
This Inaugural Science and Partnerships for Geohazards Resilience Meeting identified the need to develop a Regional Geohazards Strategic Framework to inform programmes or projects to address the capacity gaps in scientific hazard monitoring, assessment, warning, and disseminations to enable the public to better understands their risks and threats from a geohazard.
Since December 2023, the PSIDS regional geohazards community have been exploring opportunities to strengthen the science and scientific data and knowledge that informs geohazard programmes, policies.
• UNESCO is a major global partner of the UNEW4ALL supporting the four lead
agencies, UNDRR, WMO, ITU and International Federation of the Red Crescent
Society,
• UNESCO recognizes the call of the Pacific Islands Leaders under the 2050 Strategy for the Blue Pacific Continent and intends to work closely with regional UN and CROP agencies to accelerate progress of PICTs towards achieving the goals of the 2050 Strategy for the Blue Pacific Continent.
• The PICT geohazards community is critical in advising Pacific Island Leaders on threats posed by Geohazards to PICTs.
Your meeting this week builds on the outcomes of the inaugural 2023 meeting. But also other scientific and technical meetings organised by the partners.
• Your meeting this week is timely in order to;
Identify and consolidate the gaps and needs in your geohazards operations and services.
Identify spaces for constructive and meaningful engagement (on geohazards scientific and technical advice) with Pacific Islands Leaders through the Pacific DRR Ministers Meeting (in consultation with Pacific Disaster Managers Meeting) and the Pacific Meteorological Ministers Meeting (in consultation with the Pacific Meteorological Council.
The PSIDS regional geohazards community mostly includes Geological Services with Geohazard Management Units/ Sections are mostly hosted by Meteorological Services or Mining/Mineral/Natural Resources Departments. These are mainly a small team of technical and scientific officers who monitors, detects, and provide public advisories on geohazards. This regional community is mainly coordinated within UNESCO/IOC Tsunami Warning Systems in collaboration with Geoscience Australia, GNS New Zealand and USGS including CROP Agencies such as The Pacific Community (SPC) and SPREP.
At the regional level, under the Pacific Resilience Programme (PRP), a technical working group on Multi-Hazard Early Warning System have been established to provide the overarching common DRR frameworks as well as guidance and coordination support.
Scientific applications for seismic monitoring and detection like SeisComP is widely used by PICTs however, its full potential is not realized due to limited staff capacity and capacity development. Current Staffs of Geological Servies need proper scientific training with the support of partners such as USGS, Geoscience Australia, and GNS New Zealand.
Measuring the impacts on girls and women who bear the burdens of geohazards in a community. A high number of UNESCO’s geoscience projects are led by women Earth scientists, in 2020 women are project leaders in 38% of the active geoscience projects.
The meeting will also provide a platform to
i) stock take progress and share learning considering vulnerabilities and level of
exposure of different members of public to geohazards such as tsunami, volcano, earthquake and landslides.
ii) The meeting will include sessions of the Inter governmental coordination group
for the Pacific Tsunami warning and mitigation system
iii) It will include sessions on Volcano under Melanesia Volcanic Network (MVN) and
JICA/ volcano research project with Landslides and earthquakes under ORSNET
Oceania Regional Seismic Network.
This meeting comes at a critical point as a culmination of all scientific technical workshops held recently with different stakeholders.
– 2023-UNESCO inaugural science and partnerships for geohazards resilience
– Pacific Islands Science, Technology and Resources Network (STAR) Conference
held in Fiji on 20-22nd November 2024 and the
– Forecasting and Communicating Earthquake Hazard and Risk (FORCE) project, Understanding Earthquake Hazard and Risk in the Pacific Region Workshop 18-19th November 2024 gathering national officials from National Geohazards Observatories, National Tsunami Warning Centers and National Disaster Management Office (NDMO).
Two questions arise:
i) Should there be a platform for a PSIDS Regional Geohazards Strategy.
The PSIDS Regional Geohazards Strategy could inform programmes or projects developed at national and regional level and stimulate collaboration and partnerships among government agencies, development partners, universities, CROP Agencies and UN Agencies particularly UNESCO.
ii) Given the success, momentum on geohazards resilience, should there be a
Multi-hazard Early Warning system bringing together the different entities
Thanks
Specifically thank, our partners UNDRR, SPC, Weather Ready Programme at SPREP, USGS and Tokyo University in supporting this Regional Geohazard Meeting.
Lastly, this meeting is brought to you by UNESCO’s Natural Science Programme coordinator Susan Schneegans and UNESCO/IOC Tsunami Resilience Programme Coordinator Jiuta Korovulvula, and their team Arti Devi. Other colleagues from UNESCO based here These programmes coordinate this regional gathering of Pacific Islands Countries and Territories Geohazards Community since the Inaugural 2023 Regional Geohazards Meeting in Nadi, Fiji.
Dear Experts, this is your platform and your meeting. I greatly thank you.
I thank the Diplomatic Corps and heads of agencies for their presence and time. I have no doubt their participation would lead to further avenues for collaboration with the geohazards community to combat and build back better.
I am certain that the exchanges that we will hear in the upcoming days will be inspiring and will provide a basis to extend and increase the excellent cooperation between UNESCO and all of you. UNESCOs’ Intergovernmental scientific and international programmes support its Member States to strengthen their national capacity in oceans and geosciences for the management of both geohazards risk reduction.
Let me end i0 by wishing you all fruitful exchanges and thank once again the Government of Samoa and Honorable Minister Schuster for the great work in converting this into the first Regional meeting on Science and partnerships for geohazard resilience in the Pacific Region: towards a multi- hazard early warning system.
And before I close I would like to go back to the reflection on science and development
Vision of a world at peace could not be a world without science
In 2021 UNESCO’s 193 Member States endorsed the first standard setting instrument Recommendation on Open Science. Open science is a set of principles and practices that aim to make scientific research from all fields accessible to everyone for the benefits of scientists and society as a whole. Open science is about making sure not only that scientific knowledge is accessible but also that the production of that knowledge itself is inclusive, equitable and sustainable.
Open science:
• increases scientific collaborations and sharing of information for the benefits of
science and society;
• opens the processes of scientific knowledge creation, evaluation and communication to societal actors beyond the traditional scientific community.
Our interconnected world needs open science to help solve complex social, environmental, and economic challenges and achieve the Sustainable Development Goals. By promoting science that is more accessible, inclusive and transparent, open science furthers the right of everyone to share in scientific advancement and its benefits as stated in Article 27.1 of the Universal Declaration of Human Rights.
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St Peter Port, Guernsey 18 March 2025
NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 28 February 2025 monthly NAV estimate.
NAV Highlights (28 February 2025)
NAV per share was $27.16 (£21.57), a total return of 0.2% in the month
Approximately 87% of fair value based on private company valuation information as of Q4 2024 or based on 28 February 2025 quoted prices
Based on information received so far, private company valuations increased by 3.1% during Q4 2024 on a constant currency basis
NBPE expects to receive additional updated Q4 2024 financial information which will be incorporated in the monthly NAV updates in the coming weeks
$279 million of available liquidity at 28 February 2025
~220k shares repurchased during February 2025 at a weighted average discount of 27% which were accretive to NAV by ~$0.04 per share. Year to date, NBPE has repurchased ~359k at a weighted average discount of 28% which were accretive to NAV by ~$0.06 per share
As of 28 February 2025
Year to Date
One Year
3 years
5 years
10 years
NAV TR (USD)* Annualised
2.7%
1.6%
(0.2%) (0.1%)
72.3% 11.5%
165.3% 10.3%
MSCI World TR (USD)* Annualised
2.8%
16.1%
35.8% 10.7%
96.4% 14.5%
168.9% 10.4%
Share price TR (GBP)* Annualised
1.6%
(0.1%)
11.3% 3.6%
77.8% 12.2%
205.5% 11.8%
FTSE All-Share TR (GBP)* Annualised
6.9%
18.4%
27.7% 8.5%
53.4% 8.9%
82.7% 6.2%
* All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.
Portfolio Update to 28 February 2025
NAV performance during the month driven by:
0.3% NAV increase ($3 million) from the value of quoted holdings (which now constitute 6% of portfolio fair value)
0.1% NAV decrease ($2 million) attributable to expense accruals
Immaterial NAV change from new private company valuation information and changes in FX
$29 million of realisations in 2025 year to date
$26 million of realisations received during the month of February, consisting primarily of exit proceeds from NBPE’s investment in USI and a partial realisation in Tendam
$279 million of total liquidity at 28 February 2025
$69 million of cash and liquid investments with $210 million of undrawn credit line available
2025 Share Buybacks
~220k shares repurchased in February 2025 at a weighted average discount of 27%; buybacks were accretive to NAV by ~$0.04 per share
On 19 February 2025, NBPE’s board announced that it had reserved $120 million for buybacks over the next three years
Year to date, NBPE has repurchased ~359k at a weighted average discount of 28% which were accretive to NAV by ~$0.06 per share
Portfolio Valuation
The fair value of NBPE’s portfolio as of 28 February 2025 was based on the following information:
6% of the portfolio was valued as of 28 February 2025
6% in public securities
81% of the portfolio was valued as of 31 December 2024
81% in private direct investments
13% of the portfolio was valued as of 30 September 2024
Supplementary Information (as at 28 February 2025)
Company Name
Vintage
Lead Sponsor
Sector
Fair Value ($m)
% of FV
Action
2020
3i
Consumer
74.8
5.9%
Osaic
2019
Reverence Capital
Financial Services
68.9
5.4%
Solenis
2021
Platinum Equity
Industrials
60.0
4.7%
BeyondTrust
2018
Francisco Partners
Technology / IT
50.0
3.9%
Monroe Engineering
2021
AEA Investors
Industrials
42.6
3.3%
Business Services Company*
2017
Not Disclosed
Business Services
40.1
3.1%
Branded Cities Network
2017
Shamrock Capital
Communications / Media
39.2
3.1%
GFL (NYSE: GFL)
2018
BC Partners
Business Services
35.5
2.8%
Mariner
2024
Leonard Green & Partners
Financial Services
34.8
2.7%
FDH Aero
2024
Audax Group
Industrials
33.0
2.6%
True Potential
2022
Cinven
Financial Services
32.2
2.5%
Staples
2017
Sycamore Partners
Business Services
31.6
2.5%
Marquee Brands
2014
Neuberger Berman
Consumer
31.2
2.4%
Fortna
2017
THL
Industrials
28.7
2.3%
Auctane
2021
Thoma Bravo
Technology / IT
28.7
2.3%
Viant
2018
JLL Partners
Healthcare
27.1
2.1%
Stubhub
2020
Neuberger Berman
Consumer
26.5
2.1%
Benecon
2024
TA Associates
Healthcare
26.0
2.0%
Agiliti
2019
THL
Healthcare
25.3
2.0%
Solace Systems
2016
Bridge Growth Partners
Technology / IT
24.4
1.9%
Engineering
2020
NB Renaissance / Bain Capital
Technology / IT
24.1
1.9%
Addison Group
2021
Trilantic Capital Partners
Business Services
23.8
1.9%
Kroll
2020
Further Global / Stone Point
Financial Services
23.6
1.8%
Qpark
2017
KKR
Transportation
22.0
1.7%
Excelitas
2022
AEA Investors
Industrials
21.9
1.7%
CH Guenther
2021
Pritzker Private Capital
Consumer
21.4
1.7%
Exact
2019
KKR
Technology / IT
21.4
1.7%
AutoStore (OB.AUTO)
2019
THL
Industrials
19.5
1.5%
Bylight
2017
Sagewind Partners
Technology / IT
19.5
1.5%
Real Page
2021
Thoma Bravo
Technology / IT
18.5
1.5%
Total Top 30 Investments
$976.2
76.5%
*Undisclosed company due to confidentiality provisions.
Geography
% of Portfolio
North America
78%
Europe
21%
Asia / Rest of World
1%
Total Portfolio
100%
Industry
% of Portfolio
Tech, Media & Telecom
23%
Consumer / E-commerce
21%
Industrials / Industrial Technology
17%
Financial Services
14%
Business Services
12%
Healthcare
8%
Other
4%
Energy
1%
Total Portfolio
100%
Vintage Year
% of Portfolio
2016 & Earlier
10%
2017
16%
2018
15%
2019
14%
2020
12%
2021
18%
2022
5%
2023
2%
2024
8%
Total Portfolio
100%
About NB Private Equity Partners Limited NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.
LEI number: 213800UJH93NH8IOFQ77
About Neuberger Berman Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $508 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. The firm’s leadership in stewardship and sustainable investing is recognized by the PRI based on its consecutive above median reporting assessment results. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of 31 December 2024, unless otherwise noted.
1Based on net asset value.
This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.
NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.
Topics: Investment in Australia’s neighbourhood houses and community centres; ABC Four Corners child care investigation.
AMANDA RISHWORTH, MINISTER FOR SOCIAL SERVICES: I’m so pleased to be here at Derwent Valley Community House to make a really important announcement that the Commonwealth Government will partner with neighbourhood houses and community centres across Australia to deliver funding for their priorities. This announcement will be close to a $1 million and deliver small grants to up to 50 projects delivered by neighbourhood houses and community centres through the Australian Neighbourhood Houses and Centres Association. This is a really good partnership. We have been investing through our Strong and Resilient Communities grants in neighbourhood houses directly. But this is the first time that we’ll partner with the national association to deliver small grants across the country. Of course, here in Tasmania, there is a very strong network of neighbourhood houses and community centres, and they’ve demonstrated that they do a lot with a small amount of money. So, I’m really pleased to be announcing this partnership today, and happy to take any questions.
JOURNALIST: So, what’s the value of these individual grants?
AMANDA RISHWORTH: Individual grants will be up to $15,000 to do a variety of things under the SARC (Strong and Resilient Communities) grant guidelines. It’s really about building community connections, particularly for those people that may be isolated, disengaged, disconnected. There’s often a focus on youth or newly arrived migrants. But ultimately, the types of ideas will come from the centres themselves, and they’ll be able to put an application into the association to get that funding.
JOURNALIST: You spoke about a lack of volunteers before over the past few years. Can you go into a little bit of that?
AMANDA RISHWORTH: COVID, in particular, disrupted volunteering across the country. We have been working hard with Volunteering Australia to build that back up. So we have put in place a National Strategy for Volunteering, along with an action plan. I’ve also been working with the peak associations in all states and territories to make sure that we’re providing funding for them to look at groups that may have been excluded from volunteering in the past. And we’re actually also running a new national campaign encouraging young people to look at volunteering. It’s called Hanging Out to Help Out. So these are really important elements to encourage volunteering. But I would say that we are seeing some green shoots of this investment. We are seeing, anecdotally, volunteers coming back and wanting to play a role, and speaking with the volunteers at this neighbourhood centre, hearing that they want to give back to the community is really heartening. And we’ve also heard, of course, the connections that are made through volunteering and being part of a community.
JOURNALIST: Of those 50 community houses that you mentioned before. Are they predetermined or are applications open?
AMANDA RISHWORTH: We are providing the funding to the Australian Neighbourhood Houses and Centres Association to take applications and deliver that money. They are best placed and have the experience to do this. They have run a similar program with philanthropic money so they know how to do this. So we’re partnering with the national association to administer those ones.
JOURNALIST: And is there a state by state allocation or is it first in best dressed?
KEIR PATERSON, CEO OF NEIGHBOURHOOD HOUSES VICTORIA: We will assess all the applications, and they will be granted on the merit of the application. But we also look at the geographical spread to make sure it’s equitable state by state.
JOURNALIST: Do you know how many are based in Tasmania compared to other states?
MICHELLE EWINGTON, PRESIDENT OF NEIGHBOURHOOD HOUSES TASMANIA: So here in Tasmania, we have 35 neighbourhood houses that are funded through a variety of means. We’re very lucky to have state government funding and a commitment to such valuable and vital services.
JOURNALIST: Is there a part of Tasmania that really takes up a lot of those 35 services, or how are they spread out?
MICHELLE EWINGTON: They are dispersed right around the state. Each of them have their own diverse communities that they work with. They listen to the needs of communities. They fill the gaps for vital services that are required across the state, and each of those will have a great interest in applying for specific project funding as a result of this grant.
JOURNALIST: You really rely on this funding. This 15K – is it enough?
MICHELLE EWINGTON: Funding is essential to keep our services alive. We have such loyal staff in these organisations that stretch themselves immensely to actually deliver on the much-needed services for each community. So whilst these grants are going to be very useful and of interest, the continued funding for such important services, having been here today listening to the stories of this great house itself, the experiences of the volunteers here, the more funding that can be provided to houses right across the country, but particularly here in Tasmania, it’s essential.
JOURNALIST: What types of programs are being offered?
MICHELLE EWINGTON: Across the state there’s a diverse range of programs, from supporting people with learning to drive and mentor programs to offering social inclusion activities. Here we have a program called Happy Hookers Crochet Club. We offer cooking classes across the state. We bring services in so that they can meet the community where the community is. Community connectors is an important role that actually allows those that are vulnerable, those who may not have the skills, those who might not have the confidence, to approach the relevant services and get the referrals they need.
JOURNALIST: So for people coming through the door, what are some of the challenges that they’re facing?
MICHELLE EWINGTON: The challenges that communities face again are complex. The cost of living – we see that every day. Things like our food relief programs, the increased need for those. When we think about isolation and loneliness and the impact on communities, again, another important need addressed by our houses. There are a number of other skill building programs which might not be accessible to people through other means, and so neighbourhood houses fill a vital space in our communities and in amongst government services.
JOURNALIST: Have you seen a change in the community needs post COVID?
MICHELLE EWINGTON: I think the change is pretty evident in in terms of the common themes that have come through – cost of living, impacts on mental health, loneliness, concerns about health access, housing. All of the things that we know are big ticket items. At a grassroots level, the neighborhood houses are the places where we hear this, where we learn this, and where we support this.
JOURNALIST: There are calls for an urgent inquiry into the childcare sector, following a Four Corners expose into abuse, sexual misconduct and neglect. Would you support an inquiry, and in what form?
AMANDA RISHWORTH: First, I would say that our Government has taken the safety and quality of early learning and care incredibly seriously. In fact, it was Labor that introduced the National Quality Framework, which has done really important work in ensuring that we’re lifting the quality and safety of our early learning sector. But in addition, Minister Clare and Minister Aly commissioned an important report around child safety requirements under the National Quality Framework, and all Education Ministers have agreed to implement those recommendations. So the work really is working across the board with all states and territories to implement these recommendations. I would say that the majority of early childhood education settings and the workers that work in there do the right thing. For those that are not doing the right thing, there needs to be swift action.
JOURNALIST: And do you think there is swift action at the moment?
AMANDA RISHWORTH: Well as I said, predominantly the regulatory enforcement does come down to states and territories. However, as I said, Minister Clare and Minister Aly have worked and commissioned a review into child safety. There are now recommendations that all Education Ministers have agreed to. It’s important that those recommendations are implemented.
JOURNALIST: The sector’s propped up by $14 billion in Federal funding, and there have been increased incidents and breaches in every state. What are you doing to prevent money for educators’ pay rises just going to the profits of centres?
AMANDA RISHWORTH: Well, let’s be really clear if, if educators and centres sign up for the pay increases, they have to deliver those through pay increases. The program that involves funding educators’ wages must be given to educators. That’s first and foremost. Secondly, we are driving improvement in this sector. It was neglected under the previous Government, who, in fact, opposed the introduction of the National Quality Framework. So it is important that we continue to work with our state and territory colleagues who are responsible for implementing it, but I want to see, importantly, action taken where we see quality improving and safety being lifted.
JOURNALIST: Given the systemic failures and serious breaches in childcare uncovered by Four Corners, does the Federal Government need to take over regulation to ensure children’s safety?
AMANDA RISHWORTH: Well, we think that there is an important role to be played by both state and territory governments and the Commonwealth. It is a joint responsibility around the National Quality Framework. We have been working hard, as I said, through the Education Ministers, to do a review through the National Quality Framework to ensure that child safety is reviewed, and it’s a responsibility for states and territories, along with the Commonwealth, to deliver this.
JOURNALIST: I guess, circling back to that first point, on calls for inquiry. Should there be one? Have you seen the reports from Monday on Four Corners?
AMANDA RISHWORTH: Of course, child safety has to be at the forefront at all times. And as I said, this has been something that Minister Aly and Minister Clare have had as a real focus. That’s why they commissioned the review. That’s why they’ve taken the recommendations to the Education Ministers, and that’s why they are focused on implementation. We need to ensure that the implementation of these recommendations are made. That’s critically important, and we’ll keep working with states and territories to ensure that happens.
JOURNALIST: But no fresh inquiry?
AMANDA RISHWORTH: There was a review done in 2003 after a decade of neglect by the previous Government. There are recommendations made. It is now down to implementing them.
Chinese technology firm Huawei has completed the second phase of a digital connectivity project targeting 21 primary schools in Kenya to boost learning outcomes among pupils, according to a statement issued on Monday.
Through a partnership with the Kenyan government and the United Nations Educational, Scientific and Cultural Organization (UNESCO), Huawei has supported the rollout of high-speed Internet connectivity in Kenyan schools, following its long-term digital inclusion initiative, TECH4ALL.
Steven Zhang, deputy chief executive officer for public affairs at Huawei Kenya, said connectivity has improved the quality of learning in local schools, besides enabling head teachers to easily access management systems online.
“Connectivity in the classroom is making learning more interesting, fun, and effective,” Zhang was quoted as saying, adding that access to high-speed internet is improving access to education resources online, whether videos, curriculum, or experts, and in schools catering for special educational needs, connectivity is helping experts to provide assessment and rehabilitation services remotely.
Phase one of the Huawei-supported DigiSchool project connected 13 schools to high-speed Internet, benefiting 6,000 students and teachers, with a thorough evaluation finding that 98 percent of learners admitted that connectivity met their educational needs, according to Huawei.
In addition, 84 percent of students said the Internet makes learning more exciting, while 71 percent said online resources make complex ideas easier to understand.
John Tanui, principal secretary in the State Department for ICT and Digital Economy, said the second phase of Kenya DigiSchool Connectivity Project, which also covered six schools for children with special needs, aligns with the government’s quest to bridge the digital divide and foster inclusive growth.
Louise Haxthausen, director of the UNESCO Regional Office for Eastern Africa, said partnerships are key to boosting access to high-speed Internet in schools, ensuring that children and youth have access to equitable and quality education.
ALBANY, NEW YORK – Gregory Magin, age 44, of Glenville, New York, was arrested on Friday on a criminal complaint charging him with distribution of child sexual abuse material (CSAM).
United States Attorney John A. Sarcone III and Craig L. Tremaroli, Special Agent in Charge of the Albany Field Office of the Federal Bureau of Investigation (FBI), made the announcement.
The criminal complaint alleges that from on or about July 18 through July 20, 2024, Magin distributed CSAM videos over the internet. Magin sent CSAM videos to other users on an online chat application in order to get access to certain groups. The charges in the complaint are merely accusations. The defendant is presumed innocent unless and until proven guilty.
Magin initially appeared Friday in Albany before United States Magistrate Judge Daniel J. Stewart, and was ordered detained pending a detention hearing scheduled for Tuesday, March 18.
The FBI’s Child Exploitation and Human Trafficking Task Force is investigating the case, with assistance from the New York State Police. Assistant United States Attorney Allen J. Vickey is prosecuting the case as Part of Project Safe Childhood.
Project Safe Childhood is a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse. Launched in May 2006 by the Department of Justice, and led by the U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.
CONWAY, Ark., March 17, 2025 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced it expects to release First Quarter 2025 earnings after the market closes on April 16, 2025. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, April 17, 2025.
We strongly encourage all participants to pre-register for the conference call webcast or the live call using one of the following links. First, participants can pre-register for the conference call webcast using the following link: https://events.q4inc.com/attendee/447517977. Participants who pre-register will be given a unique webcast link to gain immediate access to the conference call webcast. Second, participants can pre-register for the live call using the following link: https://www.netroadshow.com/events/login?show=a44e9900&confId=79637. Participants who pre-register will be given the phone number and unique access codes to gain immediate access to the live call. Participants may pre-register now, or at any time prior to the call, and will immediately receive simple instructions via email. The Home BancShares conference call will also be scheduled as an event in your Outlook calendar.
Those without internet access or unable to pre-register may dial in and listen to the live call by calling 1-833-470-1428, Passcode: 947933. A replay of the call will be available by calling 1-866-813-9403, Passcode: 685290, which will be available until April 24, 2025, at 11:59 p.m. CT. Internet access to the call will be available live or in recorded version on the Company’s website at www.homebancshares.com.
Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama, Texas and New York City, with branches in Texas operating as Happy State Bank, a division of Centennial Bank. The Company’s common stock is traded through the New York Stock Exchange under the symbol “HOMB.”
FOR MORE INFORMATION CONTACT: Home BancShares, Inc. Donna Townsell Senior Executive Vice President & Director of Investor Relations (501) 328-4625 Ticker symbol: HOMB
National Quantum Mission: India’s Quantum Leap Unleashing the power of quantum technology and creating jobs of tomorrow
Posted On: 17 MAR 2025 6:42PM by PIB Delhi
Introduction
With technology taking over the world, India is stepping into the future with the National Quantum Mission (NQM), a major initiative by the Government of India to propel the nation to the forefront of quantum technology research and development. Approved on 19th April 2023 by the Union Cabinet, the mission the mission is set to span from 2023–24 to 2030–31, with a budget allocation of ₹6,003.65 crore.
National Quantum mission, is not just a mission, but it is a bold step through which India aims to harness the power of quantum technology to drive innovation, strengthen security, and boost various industries, positioning itself as a global leader in this cutting-edge field.
What is Quantum Computing
Quantum computers use special units called qubits to store and process information. Unlike regular computers, where bits can only be 0 or 1, qubits can be both 0 and 1 at the same time. This ability to be in multiple states at once makes quantum computers different and potentially much more powerful than traditional ones.
Many countries are actively working on quantum computing and other quantum technologies, and India has a great opportunity to make significant contributions. The national quantum mission offers India a chance to play a key role, especially with favourable conditions right now. The outcomes of this mission could impact healthcare, clean energy, climate change, job creation, and much more, affecting every citizen’s life.
Objectives of the National Quantum Mission
With the broader aim to harness quantum technologies in India to bolster sectors like communication, cryptography, and computing, National Quantum Mission has outlined specific objectives to advance India’s capabilities in the quantum realm:
Quantum Computing Evolution:Develop intermediate-scale quantum computers with 20-50 physical qubits (3 years), 50-100 physical qubits (5 years), and 50-1000 physical qubits (8 years) across platforms like superconducting and photonic technologies to advance computational capabilities.
Satellite-Based Quantum Communication:Establish satellite-enabled quantum-secured communication between two ground stations over 2000 km within India and extend this technology for long-distance secure quantum communication with other countries.
Inter-City Quantum Key Distribution (QKD):Implement quantum-secured communication spanning 2000 km using trusted nodes and wavelength division multiplexing (WDM) on existing optical fiber infrastructure, enhancing secure data transmission.
Multi-Node Quantum Networks:Develop a multi-node quantum network incorporating quantum memories, entanglement swapping, and synchronized quantum repeaters at each node, enabling scalable and robust quantum communication (2-3 nodes).
Advanced Quantum Sensing & Clocks:Design highly sensitive quantum devices including magnetometers with 1 femto-Tesla/sqrt(Hz) sensitivity in atomic systems and better than 1 pico-Tesla/sqrt(Hz) in Nitrogen Vacancy centers, gravity sensors with better than 100 nano-meter/second² sensitivity, and atomic clocks with 10⁻¹⁹ fractional instability for precision timing, navigation, and secure communication.
Quantum Materials & Devices:Develop and synthesize next-generation quantum materials such as superconductors, novel semiconductor structures, and topological materials for the fabrication of qubits, single-photon sources/detectors, entangled photon sources, and quantum sensing/metrological devices for applications in computing and communication.
The National Quantum Mission (NQM) is one of the nine initiatives under the Prime Minister’s Science Technology Innovation Advisory Council (PMSTIAC), aimed at positioning India as a global leader in quantum technology. By fostering advancements in secure quantum communication, quantum computing, and precision sensing, the mission is poised to transform sectors such as telecommunications, defense, finance, and healthcare, delivering a profound societal impact.
Implementation Strategy: Thematic Hubs (T-Hubs)
The National Quantum Mission is a nationwide initiative driving cutting-edge advancements in quantum technology. As part of this mission, four Thematic Hubs (T-Hubs) have been set up, bringing together 14 Technical Groups across 17 states and 2 Union Territories. These hubs focus on technology innovation, skill development, entrepreneurship, industry partnerships, and global collaborations, ensuring a truly national impact. Women scientists from every corner of the country are actively encouraged to participate and benefit from the mission’s exciting programs.
The four T-Hubs have been established across leading institutions in India:
Indian Institute of Science (IISc) Bengaluru
Indian Institute of Technology (IIT), Madras along with the Centre for Development of Telematics, New Delhi
Indian Institute of Technology (IIT), Bombay
Indian Institute of Technology (IIT), Delhi.
These hubs were selected through a rigorous competitive process and each hub focuses on a specific quantum domain, driving advancements in Quantum Computing, Quantum Communication, Quantum Sensing & Metrology, and Quantum Materials & Devices.
Quantum Domains of Four Thematic Hubs
Hub-Spoke-Spike Model
Each T-Hub will follow the Hub-Spoke-Spike model, fostering a cluster-based network where research projects (Spokes) and individual research groups (Spikes) operate alongside central hubs. This structure enhances collaboration among research institutions, allowing them to share resources and expertise more effectively.
State-wise Funds Allocation
The four T-Hubs selected under NQM collectively involve 152 researchers from 43 institutions nationwide, fostering a collaborative ecosystem to drive research and innovation in quantum technologies. The activities carried out by these hubs include Technology Development, Human Resource Development, Entrepreneurship Development, Industry Collaborations, and International Collaborations.
State-wise Funds Released During 2024-2025
Initiatives under National Quantum Mission
Under NQM, dedicated efforts are underway to develop quantum-resilient encryption techniques and post-quantum cryptographic (PQC) frameworks, ensuring India’s critical database systems remain secure in the quantum era. Key initiatives include:
Quantum-Safe Ecosystem Framework: A concept paper has been developed to outline a strategic roadmap for securing and strengthening India’s digital infrastructure against quantum threats.
DRDO Initiatives: The Defence Research and Development Organization (DRDO) is leading projects focused on designing and testing quantum-resilient security schemes, along with quantum-safe symmetric and asymmetric key cryptographic algorithms.
Advancements by SETS: The Society for Electronic Transactions and Security (SETS), under the Office of the Principal Scientific Adviser (PSA), is accelerating Post-Quantum Cryptography (PQC) research. It has implemented PQC algorithms for applications such as Fast IDentity Online (FIDO) authentication tokens and Internet of Things (IoT) security.
C-DoT Innovations: The Centre for Development of Telematics (C-DoT), under the Department of Telecommunications (DoT), has developed cutting-edge solutions, including Quantum Key Distribution (QKD), Post-Quantum Cryptography (PQC), and Quantum Secure Video IP Phones.
These initiatives are crucial for safeguarding India’s digital infrastructure against emerging quantum-era cybersecurity threats.
Global Competitiveness and Strategic Impact
The NQM has the potential to transform the country’s technology development ecosystem, making it globally competitive. It will drive advancements across key sectors such as communication, healthcare, finance, and energy, with applications in drug discovery, space exploration, banking, and security. Moreover, the mission will play a crucial role in advancing national initiatives like Digital India, Make in India, Skill India, Stand-up India, Start-up India, Self-Reliant India, and the Sustainable Development Goals (SDGs).
Conclusion
The National Quantum Mission (NQM) is more than just a technological initiative—it is a strategic step towards securing India’s future in the quantum era. With significant investments, world-class research collaborations, and dedicated innovation hubs, the mission is set to propel India to the forefront of the global quantum revolution.
This initiative underscores India’s commitment to scientific excellence, economic resilience, and national security in a world where quantum technologies are poised to reshape industries and societies.
GREENSBORO, NC – Two North Carolina man have recently been sentenced to more than ten years in prison each for possession of child pornography by the Honorable Catherine C. Eagles, Senior United States District Judge in the United States District Court for the Middle District of North Carolina (MDNC) in unrelated cases, announced Randall S. Galyon, Acting United States Attorney for the MDNC.
DAVID ARNOLD SHARPE, 41, of Davidson County, was sentenced today to 228 months in prison plus 20 years of supervised release for possession of child pornography. The sentence will run consecutive to a 24-month sentence for the revocation of supervised release in a prior case.
According to court documents, SHARPE, a registered sex offender, was on federal supervised release when he admitted to his probation officer that he possessed an unauthorized device and child pornography. United States Probation Officers searched SHARPE’s residence where they located a cell phone that contained child pornography. Less than three weeks later, SHARPE was identified by investigators from the Davidson County Sheriff’s Office (DCSO) after a National Center for Missing and Exploited Children (NCMEC) tip revealed that a Facebook user in Davidson County was suspected of uploading images of suspected child pornography to the platform. After going to Sharpe’s residence, investigators discovered SHARPE’s unauthorized phone had already been seized and they contacted the United States Probation Office and took over the investigation. Further investigation revealed SHARPE had been trading child pornography in groups online.
On March 14, 2025, LUIGI CARCIATI, age 49, of Davie County, was sentenced to 168 months imprisonment followed by 15 years of supervised release for possessing child pornography in October 2023. He was also ordered to pay $74,000 in restitution. According to court documents, multiple tips from NCMEC led to the execution of a search warrant at CARCIATI’s Mocksville residence where investigators located a tablet and cell phone containing child pornography. A review of the devices also revealed CARCIATI had secretly recorded minors in the bathroom at La Vita e Bella, a Mocksville restaurant CARCIATI owned and operated. During execution of a search warrant at the restaurant, investigators located two hidden cameras in the women’s restroom, and a third one in a drawer under the cash register.
The Davidson County Sheriff’s Office, the North Carolina State Bureau of Investigation (NCSBI), the United States Probation Office, and Homeland Security Investigation (HSI) assisted with the SHARPE investigation. The Davie County Sheriff’s Office, NCSBI, and HSI assisted in the CARCIATI investigation. Both cases were prosecuted by Assistant United States Attorneys Kennedy Gates and Karla Painter.
The cases were brought as part of Project Safe Childhood, a nationwide initiative by the Department of Justice to combat online child sexual exploitation and abuse. The initiative is led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), and focuses on coordinating federal, state, and local resources to better identify and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. www.projectsafechildhood.gov.
– Q4 2024 Total Revenue of $94.2 Million; FY’24 Total Revenue of $404.4 Million – – Q4 2024 Operating Cash Flow up Materially to $32.5 Million; FY’24 Operating Cash Flow of $65.9 Million – – Q4 2024 Adjusted EBITDA up ~3x YoY to $6.2 Million; FY’24 Adjusted EBITDA of $16.8 Million –
TERRE HAUTE, Ind., March 17, 2025 (GLOBE NEWSWIRE) — Hallador Energy Company (Nasdaq: HNRG) (“Hallador” or the “Company”) today reported its financial results for the fourth quarter and full year ended December 31, 2024.
“2024 was a transformative year for Hallador as we continued our evolution from a bituminous coal producer to a vertically integrated independent power producer (“IPP”), while also advancing our products and services up the energy value chain,” said Brent Bilsland, President and Chief Executive Officer. “This deliberate transition aligns with market trends and reflects our conviction in the superior economics of the IPP business model. In fall 2024, we reached an important milestone in our transformation by signing a non-binding term sheet with a leading global data center developer on a transaction that would, if completed, sell a majority of our power production and accredited capacity at enhanced margins for more than a decade to come. We are making meaningful progress toward finalizing definitive agreements for this transaction within the exclusivity period that runs from January through early June 2025, further strengthened by our partner’s commitment to pay up to $5 million during this period. While navigating these complex transactions requires coordination across multiple stakeholders and while there can be no assurance that definitive agreements will be entered into, we remain encouraged by our partner’s commitment and believe this strategic partnership will drive long-term value for our shareholders.”
“The ongoing industry shift from dispatchable generators, such as coal and natural gas, to non-dispatchable resources like wind and solar, has increased the value of our Hallador Power subsidiary due to the enhanced reliability, resilience and consistency that we provide over the less predictable non-dispatchables. At the same time, the retirement of coal-based generation has reduced demand for coal supply, impacting the value of our Sunrise Coal subsidiary. In anticipation of these market dynamics, we proactively reduced production volume and shifted our focus away from the higher cost coal reserves, which lowered our operational cash costs in the fourth quarter. These strategic actions along with lower long-term coal price projections resulted in a fourth-quarter non-cash write-down of Sunrise Coal’s carrying value by approximately $215 million, which underscores the foresight of our transition to power generation in the coming years.”
Bilsland continued, “Looking ahead, our focus remains on maximizing the value of our Merom Power Plant while actively pursuing opportunities to acquire additional dispatchable generators that can add durability, scale, and geographic expansion to our electric operations. Additionally, we are forging strong relationships with sophisticated counterparties to secure favorable collateral terms and effectively manage our forward power sales in 2025 and 2026, which we believe will enhance our financial flexibility in the short to medium term. During 2024, we also reduced our bank debt by more than 50% to $44 million at year-end. We are excited about our continued transformation from a commodity-focused coal producer to an IPP with a secure fuel supply, a strategy we believe will unlock expanding energy market margins, drive sustainable growth, and enhance cash flow generation for our shareholders.”
Fourth Quarter 2024 Highlights
Hallador advanced its restructuring efforts for its subsidiary Sunrise Coal, focusing on production optimization and cost reductions to strengthen its operations.
During 2024, the Company reduced its coal production volume by approximately 40% and shifted its focus away from the higher cost portions of its coal reserves. This optimization of coal production reduced Hallador’s operational cash cost structure to better align its coal strategy to support its internal electric generation.
As a result of reducing coal production, optimizing its reserve base, and the declining price of contracted coal sales, Hallador realized an approximate $215 million non-cash write down in the fourth quarter associated with the carrying value of its Sunrise Coal subsidiary.
The Company continues to shift its revenue mix to prioritize electric sales as an independent power producer.
Fourth quarter electric sales were $69.7 million or 74% of total Q4 revenue, compared to $37.1 million or 31% of total Q4 revenue in the year-ago period.
Fourth quarter Coal sales were $23.4 million or 25% of total revenue, compared to $81.3 million or 68% of total revenue in the year-ago period.
Hallador continues to focus on forward sales to secure its energy position.
At year-end, Hallador had total forward energy, capacity and coal sales to 3rd party customers of $1.1 billion through 2029, up from $937.2 million at the end of the third quarter.
Subsequent to year end, Hallador signed an exclusive commitment agreement with a leading global data center developer, effective January 2, 2025. This agreement is in furtherance of the previously announced non-binding term sheet signed during the third quarter of 2024, reflecting an important milestone as both the Company and the developer seek to finalize a definitive transaction agreement to support the delivery of energy and capacity (through a utility partner) to a potential data center development within the State of Indiana. The completion of this proposed transaction is subject to, among other matters, the negotiation and execution of definitive agreements and there can be no assurance that definitive agreements will be entered into or that the proposed transaction will be consummated on the terms or timeframe currently contemplated, or at all.
The Company continues to strengthen its balance sheet.
Total bank debt was $44.0 million at December 31, 2024, compared to $70.0 million at September 30, 2024 and $91.5 million at December 31, 2023.
Total liquidity was $37.8 million at December 31, 2024 compared to $34.9 million at September 30, 2024 and $26.2 million at December 31, 2023.
Financial Summary ($ in Millions and Unaudited)
Q1 2024
Q2 2024
Q3 2024
Q4 2024
Electric Sales
$
60.7
$
59.4
$
71.7
$
69.7
Coal Sales– 3rdParty
$
49.6
$
32.8
$
31.7
$
23.3
Other Revenue
$
1.3
$
1.0
$
1.4
$
1.8
Total Operating Revenue
$
111.6
$
93.2
$
104.8
$
94.8
Net Income (Loss)
$
(1.7
)
$
(10.2
)
$
1.6
$
(215.8
)
Operating Cash Flow
$
18.5
$
26.1
$
(11.2
)
$
32.5
Adjusted EBITDA*
$
6.8
$
(5.8
)
$
9.6
$
6.2
_________________________________
* Non-GAAP financial measure, defined as operating cash flowsless effects of certain subsidiary and equity method investment activity, plus bank interest, less effects of working capital period changes, plus other amortization
Adjusted EBITDA should not be considered an alternative to net income, income from operations, cash flows from operating activities or any other measure of financial performance presented in accordance with GAAP. Our method of computing Adjusted EBITDA may not be the same method used to compute similar measures reported by other companies.
Management believes the non-GAAP financial measure, Adjusted EBITDA, is an important measure in analyzing our liquidity and is a key component of certain material covenants contained within our Credit Agreement, specifically the minimum quarterly EBITDA. Noncompliance with the covenants could result in our lenders requiring the Company to immediately repay all amounts borrowed. If we cannot satisfy these financial covenants, we would be prohibited under our Credit Agreement from engaging in certain activities, such as incurring additional indebtedness, making certain payments, and acquiring and disposing of assets. Consequently, Adjusted EBITDA is critical to the assessment of our liquidity. The required amount of Adjusted EBITDA is a variable based on our debt outstanding and/or required debt payments at the time of the quarterly calculation based on a rolling prior 12-month period.
Reconciliation of the non-GAAP financial measure, Adjusted EBITDA, to Income (Loss) before Income taxes, the most comparable GAAP measure, is as follows (in thousands) for the twelve months ended December 31, 2024 and 2023, respectively.
Reconciliation of GAAP “Income (Loss) before Income Taxes” to non-GAAP “Adjusted EBITDA” (In $ Thousands and Unaudited)
Year Ended
December 31,
2024
2023
NET INCOME (LOSS)
$
(226,138
)
$
44,793
Interest expense
13,850
13,711
Income tax expense (benefit)
(9,404
)
4,465
Depreciation, depletion and amortization
65,626
67,211
EBITDA
(156,066
)
130,180
Other operating revenue
(275
)
10
Stock-based compensation
4,454
3,554
Asset impairment
215,136
—
Asset retirement obligations accretion
1,628
1,804
Other amortization
(46,310
)
(30,613
)
(Gain) loss on disposal or abandonment of assets, net
(50
)
398
Loss on extinguishment of debt
2,790
1,491
Equity method investment (loss)
746
552
Settlement of litigation
2,750
—
Other reclassifications
(8,043
)
—
Adjusted EBITDA
$
16,760
$
107,376
Solid Forward Sales Position – Segment Basis, Before Intercompany Eliminations (unaudited):
2025
2026
2027
2028
2029
Total
Power
Energy
Contracted MWh (in millions)
4.25
3.36
1.78
1.09
0.27
10.75
Average contracted price per MWh
$
37.24
$
44.43
$
54.66
$
52.94
$
51.33
Contracted revenue (in millions)
$
158.27
$
149.28
$
97.29
$
57.70
$
13.86
$
476.40
Capacity
Average daily contracted capacity MWh
773
727
623
454
100
Average contracted capacity price per MWd
$
201
$
230
$
226
$
225
$
230
Contracted capacity revenue (in millions)
$
55.95
$
61.12
$
51.40
$
37.33
$
3.47
$
209.27
Total Energy & Capacity Revenue
Contracted Power revenue (in millions)
$
214.22
$
210.40
$
148.69
$
95.03
$
17.33
$
685.67
Coal
Priced tons – 3rd party (in millions)
2.95
2.50
2.50
0.50
—
8.45
Avg price per ton – 3rd party
$
51.04
$
55.49
$
56.74
$
59.00
$
—
Contracted coal revenue – 3rd party (in millions)
$
150.57
$
138.73
$
141.85
$
29.50
$
—
$
460.65
TOTAL CONTRACTED REVENUE (IN MILLIONS) – CONSOLIDATED
$
364.79
$
349.13
$
290.54
$
124.53
$
17.33
$
1,146.32
Priced tons – Intercompany (in millions)
2.30
2.30
2.30
2.30
—
9.20
Avg price per ton – Intercompany
$
51.00
$
51.00
$
51.00
$
51.00
$
—
Contracted coal revenue – Intercompany (in millions)
$
117.30
$
117.30
$
117.30
$
117.30
$
—
$
469.20
TOTAL CONTRACTED REVENUE (IN MILLIONS) – SEGMENT
$
482.09
$
466.43
$
407.84
$
241.83
$
17.33
$
1,615.52
Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act“), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act“).Statements that are not strictly historical statements constitute forward-looking statements and may often, but not always, be identified by the use of such words such as “expects,” “believes,” “intends,” “anticipates,” “plans,” “estimates,” “guidance,” “target,” “potential,” “possible,” or “probable” or statements that certain actions, events or results “may,” “will,” “should,” or “could” be taken, occur or be achieved.Forward-looking statements include, without limitation, those relating to our ability to execute definitive agreements with respect to the non-binding term sheet with a leading global data center developer.Forward-looking statements are based on current expectations and assumptions and analyses made by Hallador and its management in light of experience and perception of historical trends, current conditions and expected future developments, as well as other factors appropriate under the circumstances that involve various risks and uncertainties that could cause actual results to differ materially from those reflected in the statements.These risks include, but are not limited to, those set forth in Hallador’s annual report on Form 10-K for the year ended December 31, 2024, and other Securities and Exchange Commission filings. Hallador undertakes no obligation to revise or update publicly any forward-looking statements except as required by law.
Conference Call and Webcast
Hallador management will host a conference call on Monday, March 17, 2025 at 5:30 p.m. Eastern time to discuss its financial and operational results, followed by a question-and-answer period.
Date: Monday, March 17, 2025 Time: 5:30 p.m. Eastern time Dial-in registration link:here Live webcast registration link:here
The conference call will also be broadcast live and available for replay in the investor relations section of the Company’s website at www.halladorenergy.com.
Hallador Energy Company Condensed Consolidated Balance Sheets As of December 31, (in thousands) (unaudited)
2024
2023
ASSETS
Current assets:
Cash and cash equivalents
$
7,232
$
2,842
Restricted cash
4,921
4,281
Accounts receivable
15,438
19,937
Inventory
36,685
23,075
Parts and supplies
39,104
38,877
Prepaid expenses
1,478
2,262
Assets held-for-sale
—
1,540
Total current assets
104,858
92,814
Property, plant and equipment:
Land and mineral rights
70,307
115,486
Buildings and equipment
429,857
537,131
Mine development
92,458
158,642
Finance lease right-of-use assets
13,034
12,346
Total property, plant and equipment
605,656
823,605
Less – accumulated depreciation, depletion and amortization
(347,952
)
(334,971
)
Total property, plant and equipment, net
257,704
488,634
Equity method investments
2,607
2,811
Other assets
3,951
5,521
Total assets
$
369,120
$
589,780
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of bank debt, net
$
4,095
$
24,438
Accounts payable and accrued liabilities
44,298
62,908
Current portion of lease financing
6,912
3,933
Contract liabilities – current
97,598
66,316
Total current liabilities
152,903
157,595
Long-term liabilities:
Bank debt, net
37,394
63,453
Convertible notes payable
—
10,000
Convertible notes payable – related party
—
9,000
Long-term lease financing
8,749
8,157
Deferred income taxes
—
9,235
Asset retirement obligations
14,957
14,538
Contract liabilities – long-term
49,121
47,425
Other
1,711
1,789
Total long-term liabilities
111,932
163,597
Total liabilities
264,835
321,192
Commitments and contingencies (Note 22)
Stockholders’ equity:
Preferred stock, $.10 par value, 10,000 shares authorized; none issued
—
—
Common stock, $.01 par value, 100,000 shares authorized; 42,621 and 34,052 issued and outstanding, as of December 31, 2024 and December 31, 2023, respectively
426
341
Additional paid-in capital
189,298
127,548
Retained earnings (deficit)
(85,439
)
140,699
Total stockholders’ equity
104,285
268,588
Total liabilities and stockholders’ equity
$
369,120
$
589,780
Hallador Energy Company Condensed Consolidated Statements of Operations For the years ended December 31, (in thousands, except per share data) (unaudited)
2024
2023
SALES AND OPERATING REVENUES:
Electric sales
$
261,527
$
267,927
Coal sales
137,448
361,926
Other revenues
5,419
5,025
Total sales and operating revenues
404,394
634,878
EXPENSES:
Fuel
49,343
103,388
Other operating and maintenance costs
118,364
199,855
Cost of purchased power
10,888
—
Utilities
15,914
17,730
Labor
116,164
152,417
Depreciation, depletion and amortization
65,626
67,211
Asset retirement obligations accretion
1,628
1,804
Exploration costs
260
904
General and administrative
26,527
26,159
Asset impairment
215,136
—
(Gain) loss on disposal or abandonment of assets, net
(50
)
398
Settlement of litigation
2,750
—
Total operating expenses
622,550
569,866
INCOME (LOSS) FROM OPERATIONS
(218,156
)
65,012
Interest expense (1)
(13,850
)
(13,711
)
Loss on extinguishment of debt
(2,790
)
(1,491
)
Equity method investment (loss)
(746
)
(552
)
NET INCOME (LOSS) BEFORE INCOME TAXES
(235,542
)
49,258
INCOME TAX EXPENSE (BENEFIT):
Current
(169
)
(164
)
Deferred
(9,235
)
4,629
Total income tax expense (benefit)
(9,404
)
4,465
NET INCOME (LOSS)
$
(226,138
)
$
44,793
NET INCOME (LOSS) PER SHARE:
Basic
$
(5.72
)
$
1.35
Diluted
$
(5.72
)
$
1.25
WEIGHTED AVERAGE SHARES OUTSTANDING
Basic
39,504
33,133
Diluted
39,504
36,827
Hallador Energy Company Condensed Consolidated Statements of Cash Flows For the years ended December 31, (in thousands) (unaudited)
2024
2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)
$
(226,138
)
$
44,793
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income tax (benefit)
(9,235
)
4,629
Equity method investment (loss)
746
552
Cash distribution – equity method investment
—
625
Depreciation, depletion and amortization
65,626
67,211
Asset impairment
215,136
—
Loss on extinguishment of debt
2,790
1,491
(Gain) loss on disposal or abandonment of assets, net
(50
)
398
Amortization of debt issuance costs
1,747
3,233
Asset retirement obligations accretion
1,628
1,804
Cash paid on asset retirement obligation reclamation
(1,407
)
(3,384
)
Stock-based compensation
4,454
3,554
Amortization of contract asset and contract liabilities
(70,203
)
(97,018
)
Director fees paid in stock
150
—
Change in current assets and liabilities:
Accounts receivable
4,499
9,952
Inventory
(13,610
)
15,548
Parts and supplies
(227
)
(10,582
)
Prepaid expenses
784
1,186
Accounts payable and accrued liabilities
(14,580
)
(18,992
)
Contract liabilities
103,181
33,804
Other
643
610
Net cash provided by operating activities
$
65,934
$
59,414
Hallador Energy Company Condensed Consolidated Statements of Cash Flows For the years ended December 31, (in thousands) (continued) (unaudited)
2024
2023
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures
$
(53,367
)
$
(75,352
)
Proceeds from sale of equipment
4,239
62
Proceeds from held-for-sale assets
3,200
—
Investment in equity method investments
(542
)
—
Net cash used in investing activities
(46,470
)
(75,290
)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on bank debt
(147,000
)
(59,713
)
Borrowings of bank debt
99,500
66,000
Payments on lease financing
(5,633
)
—
Proceeds from sale and leaseback arrangement
5,134
11,082
Issuance of related party notes payable
5,000
—
Payments on related party notes payable
(5,000
)
—
Debt issuance costs
(673
)
(6,013
)
ATM offering
34,515
7,318
Taxes paid on vesting of RSUs
(277
)
(2,101
)
Net cash provided by (used in) financing activities
(14,434
)
16,573
Increase in cash, cash equivalents, and restricted cash
5,030
697
Cash, cash equivalents, and restricted cash, beginning of year
7,123
6,426
Cash, cash equivalents, and restricted cash, end of year
$
12,153
$
7,123
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:
Cash and cash equivalents
$
7,232
$
2,842
Restricted cash
4,921
4,281
$
12,153
$
7,123
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest
$
10,511
$
9,966
SUPPLEMENTAL NON-CASH FLOW INFORMATION:
Change in capital expenditures included in accounts payable and prepaid expense
$
356
$
1,882
About Hallador Energy Company
Hallador Energy Company (Nasdaq: HNRG) is a vertically-integrated Independent Power Producer (IPP) based in Terre Haute, Indiana. The Company has two core businesses: Hallador Power Company, LLC, which produces electricity and capacity at its one Gigawatt (GW) Merom Generating Station, and Sunrise Coal, LLC, which produces and supplies fuel to the Merom Generating Station and other companies. To learn more about Hallador, visit the Company’s website at http://www.halladorenergy.com/.
Victim Reported Abuse After Attending Elementary School Presentation on Inappropriate Touching
ALBANY, NEW YORK – Daniel Fuino, age 75, of Slingerlands, New York, was sentenced today to 15 years in prison for the sexual exploitation of a child who was 6 years old during the abuse. United States Attorney John A. Sarcone III and Craig L. Tremaroli, Special Agent in Charge of the Albany Field Office of the Federal Bureau of Investigation (FBI), made the announcement.
Last year, Fuino pled guilty to sexual exploitation of a minor and admitted that between the summer of 2022 and April 2023, he babysat a female child born in 2016 and used the child to engage in sexually explicit conduct for the purpose of producing child pornography. According to statements previously made in court, the victim reported the abuse in May 2023 after attending an elementary school presentation on inappropriate touching and sexual contact. During the execution of a federal search warrant at Fuino’s residence in Slingerlands shortly after the child’s report, Fuino admitted having touched the victim’s genitals. Fuino has been incarcerated in pretrial detention since that time.
Today, United States District Judge Mae A. D’Agostino sentenced Fuino to 15 years’ incarceration, followed by 15 years of supervised release. Judge D’Agostino also ordered Fuino to pay restitution to the victim in the amount of $36,962.25 and imposed special assessments totaling $5,100. Fuino will be required to register as a sex offender upon his release from prison.
The FBI investigated this case, with assistance from the New York State Police and the Colonie Police Department. Assistant United States Attorney Benjamin S. Clark prosecuted the case as part of Project Safe Childhood.
Launched in May 2006 by the Department of Justice, Project Safe Childhood is led by United States Attorney’s offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.
Spokane, Washington – Acting United States Attorney Richard R. Barker announced today that Daniel John Kraft, age 41, was charged by criminal complaint on one count of Receipt of Child Pornography and one count of Possession of Child Pornography. Kraft was arraigned in federal court on March 10, 2025.
According to court documents, in September 2024, the Sanders County Montana Sheriff’s Office (SCSO) developed information that Snapchat user “smokeweed5468” was soliciting sexual images from a minor. “Smokeweed5468” also told the minor he knew where they lived and threatened to kidnap the minor and take them to Mexico.
Investigators obtained a warrant for the Snapchat account for “smokeweed5468.” The records from Snapchat contained more than a dozen sexually explicit videos of minors. “Smokeweed5468” also used Snapchat to offer the minors drugs and money and asked if the minors would be willing to sneak out and meet with him.
Investigators learned the Snapchat account was allegedly being used at home in Tonasket, Washington, owned by Kraft. The Okanogan County Sheriff’s Office (OCSO) confirmed Kraft lived at the home. OCSO also confirmed Kraft was a registered sex offender for violations committed in 2013.
On March 5, 2025, the Washington State Patrol took Kraft into custody at his home in Tonasket. Investigators seized several electronic devices. A search of Kraft’s cellphone allegedly revealed Snapchat running in the background of the device. In addition, investigators allegedly located several sexually explicit images involving minors on Kraft’s phone that were also on the “smokeweed5468” Snapchat account.
This case is being investigated by Homeland Security Investigations, Seattle Police Department, Washington State Patrol, the Eastern Region Washington Internet Crimes Against Children (ICAC) Task Force, Sanders County Sheriff’s Office, and the Okanogan County Sheriff’s Office.
This case is being prosecuted by Assistant United States Attorney Stephanie Van Marter.
2:25-mj-00091-JAG
A complaint is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Source: United States Senator for Maine Angus King
WASHINGTON, D.C. — U.S. Senators Angus King, a member of the Senate Armed Services Committee (SASC) and the Select Senate Committee on Intelligence (SSCI), and Susan Collins, Chair of the Senate Appropriations Committee and member of SSCI and the Health, Education, Labor and Pensions (HELP) Committee, today lauded the passage of bipartisan legislation that would crack down on illegal fentanyl trafficking. The Halt All Lethal Trafficking (HALT) of Fentanyl Act will permanently classify fentanyl-related substances (FRS) — any substance that is structurally related to fentanyl by one or more listed modifications — as Schedule I controlled drugs. These drugs have no current accepted medical use and have a high potential for abuse.
A permanent scheduling classification of FRS is required to make penalties for drug-related crimes clear and enforceable under the Drug Enforcement Administration (DEA). The legislation would also streamline the process for scientists seeking approval from the U.S. Department of Health and Human Services (DHHS) to research those substances. The bill passed the Senate in a 84-16 vote.
“Opioids like fentanyl have devastated families and communities across Maine and the country for far too long,” said Senator King. “As we continue working to combat the fentanyl and overdose crisis, commonsense bills like the HALT Fentanyl Act will pave a the way toward a safer tomorrow. I am thankful to my colleagues for putting partisanship aside and recommitting to keeping our families out of harm’s way.”
“The fentanyl epidemic has devastated lives and wreaked havoc on communities all over the United States, including here in Maine,” said Senator Collins. “This bipartisan legislation will permanently classify fentanyl analogues as a Schedule I substance, ensuring law enforcement always has the tools they need to combat the scourge of fentanyl and hold cartels accountable.”
The Centers for Disease Control and Prevention (CDC) estimates that there were 107,543 overdose deaths in the United States in 2023. Fentanyl and fentanyl-related substances accounted for nearly 75,000 of those deaths. Since 1999, the overdose crisis has increasingly been characterized by deaths involving these illicitly manufactured synthetic opioids, which are commonly sold through illicit drug markets for their fentanyl-like effect, and are often mixed with heroin or other drugs, such as cocaine, or pressed in to counterfeit prescription pills. The New England Journal of Medicine estimated that 22 teenagers died of overdoses each week in 2022.
Since 2013, Maine has experienced tragically significant growth in total deaths from fentanyl-related overdoses. In 2021, 77% of all drug overdoses in Maine were due to fentanyl. The University of Maine estimates fentanyl to be 25 times more potent than oxycodone and 50-100 times more potent than heroin.
However, there have recently been positive downward trends for overdose deaths in Maine and nationwide. Overall, the CDC found that drug overdose deaths in the United States decreased by three percent in 2023, the first annual decrease since 2018. Drug overdose deaths in Maine decreased by nearly 16% over this same period; this was the first year-over-year reduction in fatalities since 2018. Provisional data from the CDC also shows that overdose deaths for last year decreased 25% nationwide and 24% in Maine.
As a member of the Senate Armed Services Committee and Select Senate Committee on Intelligence, Senator King has previously supported legislation to combat illicit drug use and decrease overdoses. He is a cosponsor of the Synthetics Trafficking and Overdose Prevention Act, bipartisan legislation that is designed to stop dangerous synthetic drugs like fentanyl and carfentanil from being shipped through our borders. Senator King also cosponsored the INTERDICT Act, bipartisan legislation to help halt the flow of illicit fentanyl from Mexico, China and other nations around the world into the United States. During an open hearing of the Select Senate Intelligence Committee last year, Senator King pressed Avril Haines, the former Director of National Intelligence and Christopher Wray, the former Director of the Federal Bureau of Investigation (FBI), about what the intelligence community is doing to halt the flow of illicit drugs — including fentanyl — from Mexico, China and other nations into the United States.
Senator Collins has also been working to combat the fentanyl epidemic for years. Senator Collins is a cosponsor of the FEND Off Fentanyl Act , which was signed into law last year. This bill disrupts the flow of fentanyl into the United States, including by requiring the President to sanction criminal organizations and drug cartels involved in trafficking fentanyl and its precursors. Last Congress, she also introduced the Fighting Illicit Goods, Helping Trustworthy Importers, and Netting Gains (FIGHTING) for America Act to crack down on fentanyl smuggling.
VICTORIA, Seychelles, March 17, 2025 (GLOBE NEWSWIRE) —
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Mubarak (MUBARAK), a trending memecoin on BNB Chain, on its platform. Trading of MUBARAK/USDT will commence on 17 March 2025, 9:00 (UTC).
On 15 March , Binance founder CZ posted a message on Binance Square titled “I’m going to meet a friend this weekend” with a Mubarak-related meme picture. After the post, MUBARAK rose by more than 150%, with a market value of over $20 million, sparking significant interest from traders and investors alike. The listing on Binance Alpha acted as a catalyst for the token’s explosive growth. MUBARAK then experienced a sharp increase in value, with market capitalization briefly surging to $52 million.
The addition of MUBARAK highlights Bitget’s focus on emerging trends and offering diverse assets that reflect the evolving interests of crypto traders and enthusiasts. As meme coins continue to gain popularity, Bitget ensures users have access to standout tokens that resonate with market trends and evolving community interests.
The MUBARAK listing further enriches the portfolio of assets available in the Meme Zone, a segment customized for tokens that show cultural relevance. Bitget has consistently expanded its market share in both spot and derivatives trading among centralized exchanges. With an extensive selection of over 900 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON.
For more details on MUBARAK, users can visit here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Secretary for Innovation, Technology & Industry Prof Sun Dong and World Internet Conference (WIC) Secretary General Ren Xianliang announced today the launch of the WIC Asia-Pacific Summit 2025 in Hong Kong.
Under the theme “Integration of AI & Digital Technologies Shaping the Future – Jointly Building a Community with a Shared Future in Cyberspace”, the event will be staged at the Convention & Exhibition Centre on April 14 and 15.
For the first time, the WIC has designated Hong Kong to host the Asia-Pacific summit.
The bureau said the summit is expected to attract around 1,000 participants from the Mainland and overseas, including representatives from governments and enterprises, international organisations, leading corporations, experts and scholars.
Through exploring the latest trends in various technology areas, as well as in-depth exchanges of views and experiences, the event aims to enable all parties to seize the development opportunities brought about by digital and intelligent transformation, promoting high-quality development in innovation and technology (I&T), strengthening digital collaboration, and creating new momentum and new advantages for the development of the Asia-Pacific region.
At a press conference today, Prof Sun pointed out that the WIC choosing Hong Kong as the host affirms the city’s pivotal role of bridging China and the world as a dual platform, further strengthening its position as an international I&T centre.
The summit is expected to deepen regional co-operation in the I&T field, support Hong Kong’s development into an international I&T centre, and foster the development of the digital economy across the Asia-Pacific region, he added.
The event is organised by the Hong Kong Special Administrative Region Government and co-organised by the Innovation, Technology & Industry Bureau. In addition to the opening ceremony and the main forum on “The Future of Digital Intelligence”, there will be three sub-forums themed “Large Artificial Intelligence Models”, “Digital Finance” and “Digital Government & Smart Life”, where internationally renowned speakers will share their insights.
A government-enterprise dialogue session, a cybersecurity emergency response advanced training programme, and an information meeting on Practice Cases & Awards for Pioneering Science & Technology will also be held.
PROVIDENCE – A registered sex offender convicted in June 2024 on a charge of possession of child pornography has been sentenced to ten years in federal prison, announced Acting United States Attorney Sara Miron Bloom.
Anthony Wertz, 32, of East Providence, was sentenced on Friday by U.S. District Court Senior Judge William E. Smith to 120 months of incarceration to be followed by fifteen years of supervised release.
According to information presented to the court, in July 2022, while serving a term of Rhode Island state probation related to a 2019 conviction for possession of child pornography, Wertz was found by East Providence Police to be in possession of internet-accessible devices, a violation of the terms of his probation. Child sexual abuse material was discovered in plain view on a smartphone in Wertz’s possession.
Simultaneous to the East Providence Police Department investigation, the Rhode Island State Police Internet Crimes Against Children Task Force received information from the National Center for Missing and Exploited Children that an online account, later determined to be used by Wertz, had uploaded child sexual abuse material.
Prior to this conviction, Wertz had previously been convicted by the State of Rhode Island twice for possession of child pornography or related offenses.
The case was prosecuted by Assistant United States Attorney G. Michael Seaman, with assistance from Assistant U.S. Attorneys John P. McAdams and Milind Shah.
This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse. Led by the U.S. Attorneys’ Offices and the DOJ’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who exploit children, as well as identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc
ATLANTA, Ga. – Jana Kanyadan, the former Global Chief Information Officer of Mohawk Industries, Inc. (“Mohawk”), has been sentenced to more than seven years in federal prison for defrauding Mohawk.
“Kanyadan held a position of authority as a C-suite executive at Mohawk and abused his fiduciary duty by stealing from the company that trusted him,” said Acting U.S. Attorney Richard S. Moultrie, Jr. “His sentence is a reasonable one that reflects the seriousness of his criminal conduct.”
“The defendant stole money that should have gone to his employer,” said FBI Atlanta Special Agent in Charge Paul Brown. “We will continue to investigate and hold accountable anyone who attempts to scam their employer out of funds.”
According to Acting U.S. Attorney Moultrie, the indictment, and other information presented in court: Kanyadan was Mohawk’s Global Chief Information Officer, responsible for Information Technology (“IT”) services and decisions. In 2019, Mohawk began a large, multi-year IT project and outsourced work for the project to IT consulting firms. Kanyadan secretly organized and controlled a Georgia company, Meta Technology Platforms, LLC (“Meta Tech”), and used his position at Mohawk to retain Meta Tech as a Mohawk vendor and divert Mohawk’s outsourced IT consulting work to Meta Tech.
Between approximately May 7, 2022, and October 2, 2022, Meta Tech submitted invoices to Mohawk totaling approximately $3,016,011.40. But these invoices did not disclose Kanyadan’s relationship to Meta Tech. Moreover, the invoices charged Mohawk for services that had not actually been performed and for software that had not actually been provided. The invoices also charged Mohawk inflated hourly rates that Kanyadan approved on Mohawk’s behalf. Based on the fraudulent invoices, Mohawk paid Meta Tech approximately $1,857,741.40, in total, with approximately $820,577.40 of that amount arising from fraud.
Jana Kanyadan, 54, of Marietta, Georgia, was sentenced to seven years, six months in prison to be followed by three years of supervised release. Kanyadan was also ordered to pay a $250,000 fine and $985,166.66 in restitution. Kanyadan pleaded guilty to one count of wire fraud conspiracy and seven counts of wire fraud on November 1, 2024.
This case was investigated by the Federal Bureau of Investigation.
Assistant U.S. Attorney Samir Kaushal and former Assistant U.S. Attorney Tal C. Chaiken prosecuted the case.
For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6280. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.
Source: Hong Kong Government special administrative region
SITI attends press conference of World Internet Conference Asia-Pacific Summit in Beijing In addition to the highly acclaimed annual Wuzhen Summit, the WIC has designated Hong Kong for the first time to host the Asia-Pacific Summit. Organised by the Hong Kong Special Administrative Region (HKSAR) Government and co-organised by the Innovation, Technology and Industry Bureau (ITIB), the Summit will be held April 14 and 15 at the Hong Kong Convention and Exhibition Centre under the theme of “Integration of AI and Digital Technologies Shaping the Future – Jointly Building a Community with a Shared Future in Cyberspace”.
The Summit is expected to attract around 1,000 participants from the Mainland and overseas, including representatives from governments and enterprises, international organisations, leading corporations, experts and scholars. Through exploring the latest trends in various technology areas and in-depth exchanges of views and experiences, the Summit aims to enable all parties to seize the development opportunities brought about by digital and intelligent transformation, promoting high-quality development in innovation and technology (I&T), strengthening digital collaboration, and creating new momentum and new advantages for the development of the Asia-Pacific region.
Mr Ren said that the WIC has chosen to organise the Asia-Pacific Summit in Hong Kong to leverage Hong Kong’s unique advantage of global connectivity, fostering a cross-regional, cross-sector and cross-cultural dialogue platform to inject new impetus and create new opportunities for building an open, inclusive, innovative, connected and co-operative community with a shared future for the Asia-Pacific region.
Professor Sun expressed his gratitude to the WIC for choosing Hong Kong as the host city of the 2025 Summit, affirming Hong Kong’s pivotal role of bridging the country and the world as a dual platform. This creates a top-notch platform for exchanges, dialogue and co-operation in I&T, further strengthening Hong Kong’s position as an international I&T centre. The HKSAR Government endeavours to collaborate with the WIC in jointly making the Summit into the most influential regional I&T mega event. Professor Sun said he believes that the Summit will deepen regional co-operation in the I&T field, support Hong Kong’s development into an international I&T centre, as well as foster the vibrant development of the digital economy across the Asia-Pacific region.
CSIR-National Institute of Science Communication and Policy Research (NIScPR), Unnat Bharat Abhiyan (UBA) – National Coordinating Institute, IIT Delhi, Vijnana Bharati (VIBHA), and Jawaharlal Nehru Rajkeeya Mahavidyalaya (PI, UBA) jointly organised three day stakeholders meet (11-13 March) for dissemination of CSIR technologies in Port Blair.
The Andaman and Nicobar Islands, known for their unique geography and ecological richness, face distinct challenges in sectors such as agriculture, fisheries, water resources, healthcare, and disaster management. Despite their potential for sustainable development, limited infrastructure, underutilization of natural resources, and the lack of access to modern technologies hinder the region’s growth. However, with the application of innovative solutions, these challenges can be addressed effectively.
The Council of Scientific and Industrial Research (CSIR), a leading research and development organization in India, has developed a wide array of technologies in key sectors such as agriculture, food processing technologies, bee farming and bee hive technologies, floriculture and AROMA mission, water purification technologies, water desalination technologies, fish processing, and more. The dissemination of these technologies could significantly contribute to the region’s sustainable development by creating livelihood opportunities and improving the overall quality of life.
To facilitate this, a three-day stakeholders meet was organized to discuss and disseminate CSIR technologies to address the region’s specific challenges. The event, set to take place from March 11-13, 2025, at Jawaharlal Nehru Rajkeeya Mahavidyalaya (JNRM) in Port Blair, is jointly organized by CSIR-NIScPR, Unnat Bharat Abhiyan (UBA) – National Coordinating Institute, IIT Delhi, Vijnana Bharati (VIBHA), and JNRM. The objective of this event was to showcase CSIR technologies tailored to the socio-economic and ecological context of the region, facilitate dialogue among stakeholders, build collaborations and encourage partnerships for technology implementation, and provide capacity building through technology demonstrations and presentations. Key focus areas of the event included exploring CSIR’s solutions and their potential applications in the region like Floriculture Mission, AROMA Mission, Food Processing Technologies, Solar Drier Technology, Bee Farming and Beehive Technologies, Water Desalination Technologies, etc.
The meeting follows an earlier event held in January 2024 and aims to further explore the potential application of CSIR technologies to foster sustainable development in the region. The event was graced by a distinguished panel of experts.
The meet was inaugurated in the presence of Prof. Ranjana Aggarwal, Director CSIR-NIScPR; Dr. Sridevi Annapurna Singh, Director CSIR-CFTRI; Dr.Ajit Kumar Shasany, Director CSIR-NBRI. This occasion was graced by the Chief Guest Ms Pallavi Sarkar, IAS, Secretary (Agriculture/ Animal Husbandry Coordinator CS Office) ED (ANIIDICO) and Guest of Honor Dr. Eknath B. Chakurkar, Director ICAR-CIARI. Dr. Pradeep Kumar Singh, Project Director UBA, Shri Sreeparasad Kuttan, organizing secretary VIBHA and Principal in charge JNRM also present in this meet. Scientists from CSIR-CFTRI, CSIR-IHBT, CSIR-CIMAP, CSIR-IICT, CSIR-CSMCRI, CSIR-NIEST, CSIR-NBRI, CSIR-TMD and NIOT, representative from NABARD, and as many as 150 representations from various SHGs participated in this meet.
Prof. Ranjana Aggarwal highlighted the concept behind the organizing this programme and explained that how interventions of CSIR technology might harness the potential of Andaman & Nicobar region and expressed her believe that effort behind meet would certainly be translated in technology implementation enriching the socioeconomic profile of the region. She noticed and remarked about the dominant participation of women in this meet. She discussed about the roles of the CSIR, UBA and VIBHA in working out providing S&T solutions at rural areas towards capacity building of rural regions. She thanked CSIR-CFTRI, CSIR-IHBT, CSIR-CIMAP, CSIR-IICT, CSIR-CSMCRI, CSIR-NIEST, CSIR-NBRI and NIOT for participating in this event along with CSIR-NIScPR.
Dr. K.C. Joshi, Principal in charge JNRM, welcomed the delegates and participants and highlighted the importance of technology intervention in rural development, which is very important especially in the Andaman & Nicobar region. He remarked that this would unlock the potential of this region.
Ms. Pallavi Sarkar, IAS, extended for her being given this interactive platform and remarked this event is a landmark event bringing scientifically validated technologies in the land of Andaman & Nicobar region. She requested that all the stakeholders should actively engage in all technology dissemination sessions with the scientist to translate natural-resource potential of this region in value added products which may be promoted to international market. She further elaborated that technologies suitable for the socioeconomic development of the Andaman & Nicobar regions should be properly worked out, mapped, and catalogued during this meet. Additionally, she suggested that the scientific community should also workout on mapping of natural resources for which potential technologies may be developed in synergy with the traditional knowledge for producing value added products which may be promoted in the international market. She emphasized that the technologies may be promoted that forest-based products, animal based, sea based products, value added products from coconut, honey bee farming and value added products from honey those could be taken to international scale.
Dr. Eaknath B. Chakurkar, Director of ICAR-CIARI, Andaman and Nicobar Islands, delivered the Guest of Honor address, emphasizing the importance of collaboration between scientific research institutions and local authorities for the region’s sustainable development. Dr.Chakurkar, extended his thanks to organizers for inviting him in this crucial event and outlined the prior linkages ICAR-CIARI is having with UBA and VIBHA. He mentioned about the secondary agriculture, in which people are not directly involved with agriculture, such amul butter, sindoor plant, Arica net plate making business, etc. He asserted that this event is remarkable as many scientists have made themselves available to discuss with the stakeholders. He therefore requested all the stakeholders to make the maximum utilization of this opportunity.
Dr. Sridevi Annapurna Singh, Director CSIR-CFTRI, expressed that she believes that CSIR-CFTRI technologies shall be of great importance for uplifting the quality of value added food products in this region. She mentioned briefly about the important technologies developed by CSIR-CFTRI such as Amul milk powder, spice oils and oleoresins, instant mixes etc. She emphasized the need of adopting the indigenous technologies for rural development. She exemplified the coconut based technologies of CSIR-CFTRI as one of the technology which implementation will be discussed in this meet considering the easy availability of coconut in this region. She mentioned and listed out several training programmes, incubation centers, and hand holding support CSIR-CFTRI has provisioned for rural capacity building.
Dr. Kandimuthu, extended his hearty welcomed dignitaries and introduced Padmashri Ms. Panchimal Nariayal Amma and Smt. Meenamal who are working in the Andaman & Nicobar regions at grass root level.
Dr. Ajit Kumar Shasney, Director CSIr-NBRI Lucknow, in very simple words, communicated the importance of technology and underlined the importance this event to the audience. He explained the efforts CSIR institutes are making multiple and sincere efforts towards the Lab-to-Land translation of rural technologies. He mentioned about the changes brought by organic khaad and bacteria-based solutions, substituting urea and pesticides, developed by CSIR-NBRI, which have potential applications in Andaman & Nicobar region.
Dr. P.K. Singh, project director UBA, highlighted the activities of UBA running over pan India. He mentioned about the various events UBA is conducting in collaboration with CSIR-NIScPR. He requested students aspiring towards rural developments to explore UBA projects which come twice in year. He further mentioned about various other activities UBA has undertaken to increase involvement of the faculties and student in rural development.
Shri Sreepasad MK, address this meet highlighting the role of VIBHA for uplifting the rural livelihood. He mentioned about the 38 chapters VIBHA has introduced pan India in various Indian states. He also mentioned about him being the representative of Andaman & Nicobar in VIBHA. He further exemplified the importance of this event and unique opportunities this event is going provide to stakeholders.
Dr. Yogesh Suman, Chief Scientist, CSIR-NIScPR, New Delhi, presented the activities undertaken for rural development through S&T interventions in the project ‘Creating livelihood opportunity through CSIR Technologies using UBA and VIBHA Network’. He also proposed the vote of thanks to all the experts, scientists, and participants.
MS. Kamachi Chellammal, Andaman’s ‘Nariyal Amma’ Padamshree awardee was also participated in the event and the scientist also visited to their agricultural forms for mapping of suitable technologies for their region.
The technical session 1 related to the Making Value Added products using Food Processing Technologies CSIR-CFTRI, presented by Dr Sridevi Annapurna Singh, Dr Aashitosh Inamdar, and Dr Pratap Singh Negi. The CSIR-CFTRI technologies suitable for Andaman and Nicobar Islands along with dissemination and adaptation strategies were presented in the session.
The technical session 2 related to exploring application of CSIR Technologies related to floriculture and AROMA mission in Andaman region were highlighted from Dr Ramesh Chandra Srivastava, Dr Rajesh Kumar Verma from CSIR-CIMAP, Dr Sukhjinder Singh from CSIR-IHBT Palampur and Dr. Manish Bhoyar, CSIR-NBRI, Lucknow.
The technical session 3 of day 2 was started with Bee farming and Bee hive technologies for Andaman Region by presenting ‘Imporved Beehive Technology’ developed by CSIR-IHBT Palampur and presented by Dr Sukhjinder Singh, CSIR-IHBT Palampur. The application of Water Desalination Technology in Andaman Region presented by Dr S. Sreedhar CSIR-IICT Hyderabad and Dr. G. Venkatesan, National Institute of Ocean Technology (NIOT), Chennai. Dr. Bhupendra Markam
CSIR-CSMCRI, Bhav Nagar presented the Application of decentralized solar thermal dryer for hygienic drying of Agri-food products and highlighted the suitability of this technology for agro-food products and fish drying for Andaman and Nicobar region. Overview of Funding Schemes available in NABARD Andaman region presented by Shri Pratap Singh, Assistant Manager NABARD, Andaman Region. The field visit was also organized to understand the issues and the technology mapping for the region.
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Denis Manturov and the Chairman of the Council of Ministers, Minister of Foreign Affairs of Qatar Mohammed bin Abdul Rahman bin Jassim Al Thani held the 5th meeting of the Joint Russian-Qatari Commission on Trade, Economic and Technical Cooperation.
First Deputy Prime Minister of Russia Denis Manturov and Chairman of the Council of Ministers, Minister of Foreign Affairs of Qatar Mohammed bin Abdul Rahman bin Jassim Al Thani held the 5th meeting of the Joint Russian-Qatari Commission on Trade, Economic and Technical Cooperation.
During the meeting, the parties discussed issues of bilateral cooperation in the areas of trade, investment and finance, transport and digital technologies, as well as humanitarian projects, including culture, sports and education. Particular attention was paid to industrial cooperation in such sectors as pharmaceuticals, shipbuilding, power engineering, including in the field of renewable energy.
Denis Manturov noted that given the scale of foreign trade between Russia and Qatar, the volume of bilateral trade does not fully reflect the existing potential. Opportunities for increasing and diversifying mutual trade, in particular, are associated with food supplies.
“Cereals, primarily wheat and barley, already predominate in the structure of our trade turnover. We are ready to increase shipments of agricultural products, including halal products. Having in mind not only ensuring food security for Qatar, but also creating a regional agro-industrial hub in your country. Among the promising export products, we can also highlight beef, poultry, sunflower oil and confectionery,” said the First Deputy Prime Minister.
Speaking about mutually beneficial projects in the pharmaceutical sector, Denis Manturov noted that in addition to supplying a wide range of medicines, Russia is considering localizing production in Qatar with the transfer of relevant technologies. In addition, opportunities for cooperation are opened up by domestic advanced developments in the field of shipbuilding, in particular, this concerns passenger hydrofoils and environmentally friendly silent electric vessels, which are successfully operated in Russia.
“Interaction in the field of digital technologies contains a capacious potential. Russian companies have unique developments in the field of artificial intelligence, the Internet of things and solutions in the field of information security. I would like to highlight the opportunities for cooperation between Moscow and Doha in such a relevant area as smart city technologies,” Denis Manturov noted.
A positive trend in the development of cooperation in the field of tourism was noted. “Last year, more than 100 thousand Russian citizens visited Qatar. Reciprocal interest from Qatari citizens is also increasing – in 2024, we received about 11 thousand tourists from your country. This is understandable, since Russia combines unique natural, climatic, cultural and historical features with a dynamically growing level of the hospitality industry and security,” said Denis Manturov.
Speaking about cooperation in the field of sports, the First Deputy Prime Minister recalled that in November last year, Doha hosted the international rhythmic gymnastics competition “Heavenly Grace Cup”, organized on the initiative of Olympic champion Alina Kabaeva. The interdepartmental Memorandum of Understanding in the field of physical culture and sports, the signing of which is planned for the near future, will contribute to strengthening cooperation.
In conclusion of his speech, Denis Manturov invited Qatari representatives to take part in the St. Petersburg International Economic Forum scheduled for June, where the country was a guest in 2021, in the Russia-Islamic World International Economic Forum to be held in Kazan in May, the Innoprom International Industrial Exhibition in Yekaterinburg in July, and the Russian Energy Week in Moscow in October. In addition, during the IGC, the Russian side voiced a proposal to hold a Russian-Qatari business forum in Moscow in April 2025.
Following the meeting, the final protocol of the 5th meeting of the commission was signed.
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.
VICTORIA, Seychelles, March 17, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, announced the listing of DeepLink Protocol (DLC) on both spot and futures markets, scheduled for March 18, 2025, at 12:00 (UTC). To celebrate the launch, MEXC is introducing an Airdrop+ rewards pool totaling 16,000,000 DLC & 149,000 USDT, reinforcing its commitment to supporting cutting-edge blockchain projects.
Powering Decentralized Cloud Gaming: DeepLink Protocol (DLC) Now Listed on MEXC
DeepLink Protocol is a decentralized cloud gaming platform powered by AI and blockchain technology, merging Artificial Intelligence, GPU computing, Real-World Asset (RWA) Tokenization, and Decentralized Physical Infrastructure Networks (DePINs) into a unified ecosystem. With ultra-low-latency game rendering, DeepLink enables cloud-based esports, cybercafés, AAA gaming, and immersive virtual experiences, enhancing resolution and clarity through AI-driven optimization. Backed by leading investors such as Amber, DePIN X, and NeoVentures, and with 2.6 million+ users and 1.4 million+ DLC holders, DeepLink is rapidly scaling its ecosystem and sponsoring major blockchain events like WebX, KBW, and TOKEN 2049.
As a global exchange, MEXC actively supports projects across sectors such as gaming, AI, and DePIN by providing market access, liquidity, and broader exposure. By listing DeepLink Protocol (DLC), MEXC enables more users to capture the investment opportunities in this sector, contributing to the expansion of decentralized gaming within the Web3 ecosystem. Beyond listing, MEXC plays a key role in helping emerging projects build market traction. With an active trading community and deep liquidity, MEXC will support the growth of DLC, ensuring accessibility for both retail and institutional participants. Additionally, through marketing initiatives, ecosystem collaborations, and trading events, MEXC enhances DLC’s visibility, driving engagement among Web3 users and expanding its adoption. By integrating DLC into its diverse asset offerings, MEXC continues to provide a launchpad for innovative projects, bridging blockchain technology with real-world applications.
Celebrate the DLC Listing with a 16,000,000 DLC & 149,000 USDT Prize Pool
MEXC continues its mission to support innovative blockchain projects by listing DeepLink Protocol (DLC) in the Innovation Zone on March 18, 2025, at 12:00 (UTC). The DLC/USDT spot market will be available first, followed by the DLC USDT perpetual futures launch at 12:10 (UTC), offering up to 50x leverage in both cross and isolated margin modes.
To mark the occasion, a 16,000,000 DLC & 149,000 USDT prize pool will be available through a series of exclusive events from March 17, 2025, at 10:00 (UTC) to March 27, 2025, at 10:00 (UTC).
Event 1: Airdrop+ Rewards
Deposit and share 10,000,000 DLC & 99,000 USDT (New user exclusive)
Futures Challenge — Trade to share 50,000 USDT in futures bonuses (Open to all users)
Invite friends and share 6,000,000 DLC (Open to all users)
Event 2: Spread the Word and Win DLC Rewards
Share the Airdrop+ event on social media between March 17 – March 23, 2025, and win additional DLC rewards.
Your Easiest Way to Trending Tokens
MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 34 million by offering a diverse selection of tokens, high-frequency airdrops, competitive fees, and comprehensive liquidity. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
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The World Internet Conference Asia-Pacific Summit will be held in Hong Kong from April 14 to 15, focusing on digital and intelligent transformation in the region, according to a press conference held in Beijing on Monday. Representatives from international organizations, governments, enterprises, and industry institutions, along with renowned experts worldwide, will discuss topics such as artificial intelligence (AI) infrastructure, technological industries, and security governance. The summit will also feature the release of think tank reports on empowering global sustainable development through inclusive AI governance and a comparative study on cross-border data flow policies, according to the press conference.
VICTORIA, Seychelles, March 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has been featured in the fourth edition of The STO Financial Revolution by Alex Nascimento, leading blockchain researcher and professor at UCLA. The book provides a comprehensive understanding of blockchain, crypto, and Web3 technologies, offering practical insights into compliant fundraising and real-world use cases for businesses and investors.
Developed in collaboration with industry experts, this edition showcases case studies from leading organizations, including Bitget, DWF Labs, UNICEF, BTG Pactual, and Polymath. It highlights key developments in the blockchain sector and shows how blockchain solutions are transforming global finance. The book has been adopted by several academic institutions, including UCLA, as a key resource for educating future professionals in the rapidly evolving digital economy.
“The integration of blockchain technology and Web3 principles into educational frameworks across the globe is essential for cultivating a generation equipped to navigate an increasingly decentralized digital landscape. By sponsoring blockchain education initiatives like our textbook, Bitget fulfills a crucial role beyond commerce, becoming architects of literacy of a technology that promises to reshape our fundamental understanding of money, governance, and digital autonomy,” said Alex Nascimento, MA, MBA, UCLA Blockchain Faculty.
Bitget’s case study in the book focuses on its strategic role in the blockchain ecosystem and its efforts to enhance access to digital financial tools. The feature outlines how Bitget contributes to the advancement of blockchain adoption through practical, secure solutions and highlights its initiatives in the Web3 space. It offers readers a closer look at the innovations and developments that have positioned Bitget as a notable player in the crypto industry.
This edition of The STO Financial Revolution includes up-to-date information on blockchain advancements and emerging trends, making it a valuable resource for academics, investors, and industry professionals worldwide. By featuring Bitget’s contributions, the book further establishes its relevance in offering practical insights into the future of digital finance and tokenized ecosystems.
“Being featured in one of my personal favourites The STO Financial Revolution is a significant moment for Bitget,” said Vugar Usi Zade, Chief Operating Officer at Bitget. It’s a badge of honour for us to gain placement in the book, where Bitget’s firm stance and fast growth has been highlighted aligned with our goals of pushing the boundaries of blockchain adoption. As we continue to innovate and offer crypto solutions, our role in advancing the Web3 ecosystem has been more rigid now than ever.”
The book’s release serves as an important reference for those looking to deepen their understanding of blockchain technology and its growing impact on financial markets. The recognition of Bitget in this publication shows its relevance and growing influence in the global blockchain sector.
To know more about STO Financial Revolution edition four, please visit here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Risk Warning: Digital asset prices may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.
Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL6
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 56 NWS Storm Prediction Center Norman OK 740 PM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Central and Eastern North Carolina Southern Virginia
* Effective this Sunday night and Monday morning from 740 PM until 100 AM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph possible Isolated large hail events to 1.5 inches in diameter possible
SUMMARY…Scattered severe thunderstorms will move northeast across the watch area this evening, with a risk for a couple tornadoes, damaging gusts, and isolated large hail.
The tornado watch area is approximately along and 65 statute miles east and west of a line from 30 miles west northwest of Richmond VA to 20 miles east southeast of Fayetteville NC. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU6).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 450. Mean storm motion vector 23035.
…Bunting
SEL6
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 56 NWS Storm Prediction Center Norman OK 740 PM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Central and Eastern North Carolina Southern Virginia
* Effective this Sunday night and Monday morning from 740 PM until 100 AM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph possible Isolated large hail events to 1.5 inches in diameter possible
SUMMARY…Scattered severe thunderstorms will move northeast across the watch area this evening, with a risk for a couple tornadoes, damaging gusts, and isolated large hail.
The tornado watch area is approximately along and 65 statute miles east and west of a line from 30 miles west northwest of Richmond VA to 20 miles east southeast of Fayetteville NC. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU6).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 450. Mean storm motion vector 23035.
…Bunting
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW6 WW 56 TORNADO NC VA 162340Z – 170500Z AXIS..65 STATUTE MILES EAST AND WEST OF LINE.. 30WNW RIC/RICHMOND VA/ – 20ESE FAY/FAYETTEVILLE NC/ ..AVIATION COORDS.. 55NM E/W /26WNW RIC – 46NW ILM/ HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..60 KNOTS. MAX TOPS TO 450. MEAN STORM MOTION VECTOR 23035.
LAT…LON 37667662 34847741 34847969 37667901
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU6.
Watch 56 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Mod (40%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Low (20%)
Wind
Probability of 10 or more severe wind events
Mod (40%)
Probability of 1 or more wind events > 65 knots
Low (20%)
Hail
Probability of 10 or more severe hail events
Low (20%)
Probability of 1 or more hailstones > 2 inches
Low (10%)
Combined Severe Hail/Wind
Probability of 6 or more combined severe hail/wind events
Mod (60%)
For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.
Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL4
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 54 NWS Storm Prediction Center Norman OK 1250 PM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Western Maryland Western and Central Pennsylvania Northern Virginia Eastern West Virginia
* Effective this Sunday afternoon and evening from 1250 PM until 700 PM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph likely
SUMMARY…A line of thunderstorms will move quickly northeastward this afternoon and evening, while posing a threat for mainly damaging winds with peak gusts up to 60-70 mph. A couple of line-embedded tornadoes may also occur.
The tornado watch area is approximately along and 40 statute miles east and west of a line from 75 miles north of State College PA to 10 miles west southwest of Staunton VA. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU4).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 51…WW 52…WW 53…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1 inch. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 350. Mean storm motion vector 22045.
…Gleason
SEL4
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 54 NWS Storm Prediction Center Norman OK 1250 PM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Western Maryland Western and Central Pennsylvania Northern Virginia Eastern West Virginia
* Effective this Sunday afternoon and evening from 1250 PM until 700 PM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph likely
SUMMARY…A line of thunderstorms will move quickly northeastward this afternoon and evening, while posing a threat for mainly damaging winds with peak gusts up to 60-70 mph. A couple of line-embedded tornadoes may also occur.
The tornado watch area is approximately along and 40 statute miles east and west of a line from 75 miles north of State College PA to 10 miles west southwest of Staunton VA. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU4).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 51…WW 52…WW 53…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1 inch. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 350. Mean storm motion vector 22045.
…Gleason
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW4 WW 54 TORNADO MD PA VA WV 161650Z – 162300Z AXIS..40 STATUTE MILES EAST AND WEST OF LINE.. 75N UNV/STATE COLLEGE PA/ – 10WSW SHD/STAUNTON VA/ ..AVIATION COORDS.. 35NM E/W /26NNE SLT – 58N LYH/ HAIL SURFACE AND ALOFT..1 INCH. WIND GUSTS..60 KNOTS. MAX TOPS TO 350. MEAN STORM MOTION VECTOR 22045.
LAT…LON 41937707 38217833 38217981 41937862
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU4.
Watch 54 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Mod (40%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL3
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 53 NWS Storm Prediction Center Norman OK 1030 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Eastern Ohio Western Pennsylvania West Virginia
* Effective this Sunday morning and afternoon from 1030 AM until 400 PM EDT.
* Primary threats include… A few tornadoes possible Scattered damaging wind gusts to 70 mph likely
SUMMARY…Multiple lines and clusters of thunderstorms will continue to develop and intensify as they move quickly northeastward late this morning and into the afternoon. Scattered damaging winds will likely be the main threat with this activity, with peak gusts perhaps reaching up to 60-70 mph. But, the environment will also support some threat for a few line-embedded tornadoes as well.
The tornado watch area is approximately along and 60 statute miles east and west of a line from 30 miles northwest of Franklin PA to 40 miles south southeast of Charleston WV. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU3).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 51…WW 52…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1 inch. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 350. Mean storm motion vector 22045.
…Gleason
SEL3
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 53 NWS Storm Prediction Center Norman OK 1030 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Eastern Ohio Western Pennsylvania West Virginia
* Effective this Sunday morning and afternoon from 1030 AM until 400 PM EDT.
* Primary threats include… A few tornadoes possible Scattered damaging wind gusts to 70 mph likely
SUMMARY…Multiple lines and clusters of thunderstorms will continue to develop and intensify as they move quickly northeastward late this morning and into the afternoon. Scattered damaging winds will likely be the main threat with this activity, with peak gusts perhaps reaching up to 60-70 mph. But, the environment will also support some threat for a few line-embedded tornadoes as well.
The tornado watch area is approximately along and 60 statute miles east and west of a line from 30 miles northwest of Franklin PA to 40 miles south southeast of Charleston WV. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU3).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 51…WW 52…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1 inch. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 350. Mean storm motion vector 22045.
…Gleason
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW3 WW 53 TORNADO OH PA WV 161430Z – 162000Z AXIS..60 STATUTE MILES EAST AND WEST OF LINE.. 30NW FKL/FRANKLIN PA/ – 40SSE CRW/CHARLESTON WV/ ..AVIATION COORDS.. 50NM E/W /20S ERI – 9WNW BKW/ HAIL SURFACE AND ALOFT..1 INCH. WIND GUSTS..60 KNOTS. MAX TOPS TO 350. MEAN STORM MOTION VECTOR 22045.
LAT…LON 41687912 37828021 37828241 41688144
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU3.
Watch 53 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Mod (50%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL2
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 52 NWS Storm Prediction Center Norman OK 805 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of North-Central and North Florida Southeast Georgia Coastal Waters
* Effective this Sunday morning and afternoon from 805 AM until 300 PM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph possible Isolated large hail events to 1.5 inches in diameter possible
SUMMARY…A broken band of primarily cellular storms will continue east into the Watch area this morning and afternoon. Relatively moist low levels and strongly sheared wind profiles will support organized storms, including supercells and small linear segments. A couple of tornadoes are possible, as well as damaging gusts with the stronger storms.
The tornado watch area is approximately along and 55 statute miles east and west of a line from 40 miles northeast of Waycross GA to 50 miles southwest of Ocala FL. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU2).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 50…WW 51…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean storm motion vector 25035.
…Smith
SEL2
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 52 NWS Storm Prediction Center Norman OK 805 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of North-Central and North Florida Southeast Georgia Coastal Waters
* Effective this Sunday morning and afternoon from 805 AM until 300 PM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph possible Isolated large hail events to 1.5 inches in diameter possible
SUMMARY…A broken band of primarily cellular storms will continue east into the Watch area this morning and afternoon. Relatively moist low levels and strongly sheared wind profiles will support organized storms, including supercells and small linear segments. A couple of tornadoes are possible, as well as damaging gusts with the stronger storms.
The tornado watch area is approximately along and 55 statute miles east and west of a line from 40 miles northeast of Waycross GA to 50 miles southwest of Ocala FL. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU2).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 50…WW 51…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 500. Mean storm motion vector 25035.
…Smith
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW2 WW 52 TORNADO FL GA CW 161205Z – 161900Z AXIS..55 STATUTE MILES EAST AND WEST OF LINE.. 40NE AYS/WAYCROSS GA/ – 50SW OCF/OCALA FL/ ..AVIATION COORDS.. 50NM E/W /31ENE AMG – 45N PIE/ HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..60 KNOTS. MAX TOPS TO 500. MEAN STORM MOTION VECTOR 25035.
LAT…LON 31668098 28658190 28658371 31668285
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU2.
Watch 52 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Mod (40%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Low (20%)
Wind
Probability of 10 or more severe wind events
Mod (40%)
Probability of 1 or more wind events > 65 knots
Low (20%)
Hail
Probability of 10 or more severe hail events
Low (20%)
Probability of 1 or more hailstones > 2 inches
Low (10%)
Combined Severe Hail/Wind
Probability of 6 or more combined severe hail/wind events
Mod (60%)
For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.
Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL1
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 51 NWS Storm Prediction Center Norman OK 610 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Southeast Georgia Southern North Carolina Central and Eastern South Carolina Coastal Waters
* Effective this Sunday morning and afternoon from 610 AM until 200 PM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph possible Isolated large hail events to 0.5 inches in diameter possible
SUMMARY…A broken band of thunderstorms will continue east into the Watch area this morning within a weakly unstable airmass with very strong flow aloft. A greater risk for wind damage along with a threat for a couple of tornadoes, will seemingly focus with organized bowing segments and perhaps a few embedded circulations within the band of thunderstorms.
The tornado watch area is approximately along and 80 statute miles east and west of a line from 35 miles north northeast of Fayetteville NC to 45 miles southwest of Savannah GA. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU1).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 50…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 0.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 450. Mean storm motion vector 25040.
…Smith
SEL1
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 51 NWS Storm Prediction Center Norman OK 610 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Southeast Georgia Southern North Carolina Central and Eastern South Carolina Coastal Waters
* Effective this Sunday morning and afternoon from 610 AM until 200 PM EDT.
* Primary threats include… A couple tornadoes possible Scattered damaging wind gusts to 70 mph possible Isolated large hail events to 0.5 inches in diameter possible
SUMMARY…A broken band of thunderstorms will continue east into the Watch area this morning within a weakly unstable airmass with very strong flow aloft. A greater risk for wind damage along with a threat for a couple of tornadoes, will seemingly focus with organized bowing segments and perhaps a few embedded circulations within the band of thunderstorms.
The tornado watch area is approximately along and 80 statute miles east and west of a line from 35 miles north northeast of Fayetteville NC to 45 miles southwest of Savannah GA. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU1).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 50…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 0.5 inches. Extreme turbulence and surface wind gusts to 60 knots. A few cumulonimbi with maximum tops to 450. Mean storm motion vector 25040.
…Smith
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW1 WW 51 TORNADO GA NC SC CW 161010Z – 161800Z AXIS..80 STATUTE MILES EAST AND WEST OF LINE.. 35NNE FAY/FAYETTEVILLE NC/ – 45SW SAV/SAVANNAH GA/ ..AVIATION COORDS.. 70NM E/W /27SSE RDU – 40ENE AMG/ HAIL SURFACE AND ALOFT..0.5 INCH. WIND GUSTS..60 KNOTS. MAX TOPS TO 450. MEAN STORM MOTION VECTOR 25040.
LAT…LON 35437722 31668037 31668310 35438006
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU1.
Watch 51 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Mod (40%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Low (20%)
Wind
Probability of 10 or more severe wind events
Mod (50%)
Probability of 1 or more wind events > 65 knots
Low (20%)
Hail
Probability of 10 or more severe hail events
Low (20%)
Probability of 1 or more hailstones > 2 inches
Low (10%)
Combined Severe Hail/Wind
Probability of 6 or more combined severe hail/wind events
High (70%)
For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.
Secretary for Innovation, Technology & Industry Prof Sun Dong is due to depart today for Beijing, where together with Secretary General of the World Internet Conference (WIC) Ren Xianliang he will tomorrow attend a press conference to announce details of this year’s WIC Asia-Pacific Summit, which will be held in Hong Kong.
Prof Sun will return to Hong Kong tomorrow. During his absence, Under Secretary for Innovation, Technology & Industry Lillian Cheong will be Acting Secretary.
Source: US National Oceanic and Atmospheric Administration
Note: The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports. SEL0
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 50 NWS Storm Prediction Center Norman OK 215 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Eastern Florida Panhandle Southern into Central and Eastern Georgia West-Central South Carolina Coastal Waters
* Effective this Sunday morning from 215 AM until 1000 AM EDT.
* Primary threats include… A few tornadoes likely with a couple intense tornadoes possible Scattered damaging winds and isolated significant gusts to 75 mph likely Isolated large hail events to 1.5 inches in diameter possible
SUMMARY…A band of severe thunderstorms with embedded supercells and line segments will move east across much of the Watch area tonight into the early morning. The more intense storms will be potentially capable of tornadoes, possibly including a strong tornado or two, and damaging gusts.
The tornado watch area is approximately along and 65 statute miles east and west of a line from 60 miles northwest of Augusta GA to 40 miles south southwest of Tallahassee FL. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU0).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 49…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1.5 inches. Extreme turbulence and surface wind gusts to 65 knots. A few cumulonimbi with maximum tops to 450. Mean storm motion vector 22055.
…Smith
SEL0
URGENT – IMMEDIATE BROADCAST REQUESTED Tornado Watch Number 50 NWS Storm Prediction Center Norman OK 215 AM EDT Sun Mar 16 2025
The NWS Storm Prediction Center has issued a
* Tornado Watch for portions of Eastern Florida Panhandle Southern into Central and Eastern Georgia West-Central South Carolina Coastal Waters
* Effective this Sunday morning from 215 AM until 1000 AM EDT.
* Primary threats include… A few tornadoes likely with a couple intense tornadoes possible Scattered damaging winds and isolated significant gusts to 75 mph likely Isolated large hail events to 1.5 inches in diameter possible
SUMMARY…A band of severe thunderstorms with embedded supercells and line segments will move east across much of the Watch area tonight into the early morning. The more intense storms will be potentially capable of tornadoes, possibly including a strong tornado or two, and damaging gusts.
The tornado watch area is approximately along and 65 statute miles east and west of a line from 60 miles northwest of Augusta GA to 40 miles south southwest of Tallahassee FL. For a complete depiction of the watch see the associated watch outline update (WOUS64 KWNS WOU0).
PRECAUTIONARY/PREPAREDNESS ACTIONS…
REMEMBER…A Tornado Watch means conditions are favorable for tornadoes and severe thunderstorms in and close to the watch area. Persons in these areas should be on the lookout for threatening weather conditions and listen for later statements and possible warnings.
&&
OTHER WATCH INFORMATION…CONTINUE…WW 49…
AVIATION…Tornadoes and a few severe thunderstorms with hail surface and aloft to 1.5 inches. Extreme turbulence and surface wind gusts to 65 knots. A few cumulonimbi with maximum tops to 450. Mean storm motion vector 22055.
…Smith
Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas. SAW0 WW 50 TORNADO FL GA SC CW 160615Z – 161400Z AXIS..65 STATUTE MILES EAST AND WEST OF LINE.. 60NW AGS/AUGUSTA GA/ – 40SSW TLH/TALLAHASSEE FL/ ..AVIATION COORDS.. 55NM E/W /32WNW IRQ – 43SSW TLH/ HAIL SURFACE AND ALOFT..1.5 INCHES. WIND GUSTS..65 KNOTS. MAX TOPS TO 450. MEAN STORM MOTION VECTOR 22055.
LAT…LON 33978158 29868352 29868569 33978384
THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS FOR WOU0.
Watch 50 Status Report Message has not been issued yet.
Note: Click for Complete Product Text.Tornadoes
Probability of 2 or more tornadoes
Mod (60%)
Probability of 1 or more strong (EF2-EF5) tornadoes
Mod (40%)
Wind
Probability of 10 or more severe wind events
High (70%)
Probability of 1 or more wind events > 65 knots
Mod (60%)
Hail
Probability of 10 or more severe hail events
Low (20%)
Probability of 1 or more hailstones > 2 inches
Low (20%)
Combined Severe Hail/Wind
Probability of 6 or more combined severe hail/wind events
High (90%)
For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.