Category: KB

  • MIL-OSI: Bitget Wallet Scales Fomo Thursdays With Free Onchain Token Rewards

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 09, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, continues its weekly zero-barrier onchain rewards series with the fourth edition of Fomo Thursdays, launched in collaboration with Velo Protocol. This week’s event features a prize pool of 3.47 million VELO tokens and opens 50,000 participation slots. Users can enter by staking $10 USDT — fully refundable after the event — for a chance to receive randomized token rewards, including a top prize of $888 in VELO.

    Fomo Thursdays lowers entry barriers for token participation by replacing complex trading tasks or point-based systems with a simple weekly staking model. Participants receive randomized token rewards via onchain smart contracts, with no gas fees required for claims. In the previous round, 20,000 users joined within 10 minutes of the event opening, underscoring growing demand for this accessible format.

    VELO, the native token of Velo Protocol, powers a decentralized finance infrastructure focused on enabling global value transfer. The project integrates multi-asset trading, FX aggregation, and Web3-native settlement systems. Its architecture positions VELO as a foundational liquidity layer for cross-border financial applications and remittance flows, particularly in emerging markets.

    The weekly event is part of Bitget Wallet’s broader effort to create low-friction, accessible onchain experiences for new and existing users. “Fomo Thursdays is designed to make token access simple, fun, and available to all — without the usual barriers,” said Jamie Elkaleh, CMO of Bitget Wallet. “By embedding these events directly into the wallet, we’re opening up early-stage opportunities to a much wider base of users.”

    The Week 4 campaign opens for staking on July 9 at 13:00 UTC and closes 24 hours later. Token distribution and USDT refunds begin at 14:00 UTC on July 10. All VELO rewards will be distributed on BNB Chain and are claimable directly within Bitget Wallet.

    For more information, visit the Bitget Wallet official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68f3f9c6-1aad-4bee-be3d-f913b3ccfa1f

    The MIL Network

  • Broadband subscribers in India cross 944 million, up 2.17% in FY 25: TRAI

    Source: Government of India

    Source: Government of India (4)

    The number of broadband subscribers rose to 944.12 million in India, the Telecom Regulatory Authority of India (TRAI) data showed on Tuesday.

    TRAI released its “Indian Telecom Services – Yearly Performance Indicators Report” for 2024–25, offering a detailed overview of India’s telecom and broadcasting sectors from April 1, 2024, to March 31, 2025.

    India’s internet subscribers rose to 969.10 million from 954.40 million at the end of March 2025, the Ministry of Communications said in a statement. Broadband connections accounted for 944.12 million, registering a 2.17% growth, while narrowband users declined sharply by 17.66% to 24.98 million.

    Mobile Average Revenue Per User (ARPU) saw a notable increase of 16.89%, rising from ₹149.25 to Rs 174.46. Prepaid ARPU rose, while postpaid ARPU marginally declined.

    Total wireless data usage jumped 17.46% to 2,28,779 Petabytes (PB), and data revenue grew 15.49% to Rs 2.15 lakh crore. The number of wireless data users also rose to 939.51 million.

    India’s total telephone subscriber base grew marginally by 0.13% to 1,200.80 million. However, overall teledensity slipped from 85.69% to 85.04%. While urban subscriptions increased slightly, urban teledensity declined by 1.70%. Rural subscriptions also rose, but rural teledensity saw a minor dip.

    Wireless subscribers fell by 0.73%, with a net loss of 8.5 million users. Wireline connections, however, surged by 9.62% to 37.04 million, boosting wireline teledensity from 2.41% to 2.62%.

    The sector’s Gross Revenue (GR) grew by 10.72% to Rs 3.72 lakh crore, while Adjusted Gross Revenue (AGR) rose 12.02% to Rs 3.03 lakh crore. Spectrum Usage Charges and license fees also recorded significant increases.

    In the broadcasting sector, India had 918 permitted private satellite TV channels as of March 2025, with 333 pay channels (232 SD and 101 HD). Pay DTH subscribers declined to 56.92 million, down from 61.97 million the previous year.

    There were 388 operational private FM radio stations across 113 cities, operated by 33 broadcasters after a recent merger. Community Radio Stations also saw growth, increasing from 494 to 531.

    The full report is available on TRAI’s website (www.trai.gov.in).

  • Germany move closer to Euro 2025 knockouts with 2-1 win over Denmark

    Source: Government of India

    Source: Government of India (4)

    Germany’s Sjoeke Nuesken and Lea Schueller struck in the second half to fire the eight-times champions to the verge of the Euro 2025 quarter-finals with a 2-1 victory over Denmark on Tuesday that left the Danes on the brink of an early exit.

    Trailing 1-0 in a game in which two key VAR decisions in the first half went against them, Germany finally got on the scoresheet when they were awarded a penalty in the 56th minute. Nuesken stepped up and calmly slotted her spot-kick into the bottom corner.

    Schueller put the Germans ahead 10 minutes later after a failed clearance by Denmark landed at the Bayern Munich forward’s feet and she swept it into the far corner.

    “This is a victory of mentality, we knew it was going to be tight, we were very happy we were able to turn it around,” Germany coach Christian Wueck said. “It was the mentality, they really wanted to win, so we love to take that away with us.”

    Germany had celebrated what they thought was the opening goal by Klara Buehl but boos rang around the packed St Jakob-Park stadium when it was ruled offside.

    That seemed to halt Germany’s momentum and Amalie Vangsgaard struck for Denmark in the 26th minute when she took a touch before unleashing a shot from a tight angle past Ann-Katrin Berger.

    Germany thought they had won a penalty earlier when the referee whistled and pointed to the spot because of a Denmark handball but VAR determined it was outside the box, prompting more boos from the German fans.

    The Germans will secure their quarter-final place if Poland fail to beat Sweden in Tuesday’s late Group C game.

    Germany defeated Poland in their tournament opener but it came at a heavy cost as captain Giulia Gwinn suffered a knee injury that ended her tournament. Banners of support for the absent skipper dotted the crowd on Tuesday.

    Although Gwinn’s loss was huge, the team’s collective strength enabled them to come from behind after trailing at halftime for only the fourth time in Euros history, as they cranked up the intensity in the second half, finishing the game with 27 shots to Denmark’s five.

    Germany have dominated the Euros since they won the competition for the first time as West Germany in 1989. They lost 2-1 to England in the 2022 final, but have been rebuilding after suffering a shock exit in the group stage of the 2023 World Cup. Denmark had lost to neighbours Sweden in their opener.

    “I think our performance is good in general for a team working extremely hard, but it’s a very good German team,” Denmark coach Andree Jeglertz said.

    “It’s about winning and taking points, and I’m very disappointed that we don’t manage to keep the result, or at least get a point in the end.”

    (Reuters)

  • Germany move closer to Euro 2025 knockouts with 2-1 win over Denmark

    Source: Government of India

    Source: Government of India (4)

    Germany’s Sjoeke Nuesken and Lea Schueller struck in the second half to fire the eight-times champions to the verge of the Euro 2025 quarter-finals with a 2-1 victory over Denmark on Tuesday that left the Danes on the brink of an early exit.

    Trailing 1-0 in a game in which two key VAR decisions in the first half went against them, Germany finally got on the scoresheet when they were awarded a penalty in the 56th minute. Nuesken stepped up and calmly slotted her spot-kick into the bottom corner.

    Schueller put the Germans ahead 10 minutes later after a failed clearance by Denmark landed at the Bayern Munich forward’s feet and she swept it into the far corner.

    “This is a victory of mentality, we knew it was going to be tight, we were very happy we were able to turn it around,” Germany coach Christian Wueck said. “It was the mentality, they really wanted to win, so we love to take that away with us.”

    Germany had celebrated what they thought was the opening goal by Klara Buehl but boos rang around the packed St Jakob-Park stadium when it was ruled offside.

    That seemed to halt Germany’s momentum and Amalie Vangsgaard struck for Denmark in the 26th minute when she took a touch before unleashing a shot from a tight angle past Ann-Katrin Berger.

    Germany thought they had won a penalty earlier when the referee whistled and pointed to the spot because of a Denmark handball but VAR determined it was outside the box, prompting more boos from the German fans.

    The Germans will secure their quarter-final place if Poland fail to beat Sweden in Tuesday’s late Group C game.

    Germany defeated Poland in their tournament opener but it came at a heavy cost as captain Giulia Gwinn suffered a knee injury that ended her tournament. Banners of support for the absent skipper dotted the crowd on Tuesday.

    Although Gwinn’s loss was huge, the team’s collective strength enabled them to come from behind after trailing at halftime for only the fourth time in Euros history, as they cranked up the intensity in the second half, finishing the game with 27 shots to Denmark’s five.

    Germany have dominated the Euros since they won the competition for the first time as West Germany in 1989. They lost 2-1 to England in the 2022 final, but have been rebuilding after suffering a shock exit in the group stage of the 2023 World Cup. Denmark had lost to neighbours Sweden in their opener.

    “I think our performance is good in general for a team working extremely hard, but it’s a very good German team,” Denmark coach Andree Jeglertz said.

    “It’s about winning and taking points, and I’m very disappointed that we don’t manage to keep the result, or at least get a point in the end.”

    (Reuters)

  • Joao Pedro brace sends Chelsea into Club World Cup final

    Source: Government of India

    Source: Government of India (4)

    Joao Pedro kept the celebrations to a minimum after scoring twice to send Chelsea into the Club World Cup final, his goals proving the undoing of his former club Fluminense in a bittersweet meeting at MetLife Stadium on Tuesday.

    The 23-year-old Brazilian forward, who joined Chelsea from Brighton & Hove Albion six days ago, found the net in the 18th minute with a superb strike and again early in the second half with another excellent finish to seal his team’s 2-0 victory and passage to the final.

    He held his hands up apologetically after each strike against the club where he spent his formative years, even as his teammates swarmed around him on the pitch, only briefly cracking a smile after the second goal.

    “They (Fluminense) gave everything to me. They showed me to the world. If I’m here, it’s because they believed in me,” said Pedro.

    “I’m very grateful but this is football – I have to be professional. I feel sorry for them but I have to do my job.”

    Pedro made his debut for Chelsea in their 2-1 quarter-final win over Palmeiras on Friday with only a couple training sessions under his belt. Four days later, he was in the starting team.

    “Today I think because I started, I had more time to do my stuff and I had to score. The team won, the team played well and that’s important,” he added in televised remarks.

    Pedro joined a month after Chelsea signed Liam Delap, as the club moved to plug a forward shortage.

    Chelsea face the winner of the second semi-final on Wednesday between Paris St Germain and Real Madrid. The final is set for Sunday at MetLife Stadium.

    (Reuters)

  • Joao Pedro brace sends Chelsea into Club World Cup final

    Source: Government of India

    Source: Government of India (4)

    Joao Pedro kept the celebrations to a minimum after scoring twice to send Chelsea into the Club World Cup final, his goals proving the undoing of his former club Fluminense in a bittersweet meeting at MetLife Stadium on Tuesday.

    The 23-year-old Brazilian forward, who joined Chelsea from Brighton & Hove Albion six days ago, found the net in the 18th minute with a superb strike and again early in the second half with another excellent finish to seal his team’s 2-0 victory and passage to the final.

    He held his hands up apologetically after each strike against the club where he spent his formative years, even as his teammates swarmed around him on the pitch, only briefly cracking a smile after the second goal.

    “They (Fluminense) gave everything to me. They showed me to the world. If I’m here, it’s because they believed in me,” said Pedro.

    “I’m very grateful but this is football – I have to be professional. I feel sorry for them but I have to do my job.”

    Pedro made his debut for Chelsea in their 2-1 quarter-final win over Palmeiras on Friday with only a couple training sessions under his belt. Four days later, he was in the starting team.

    “Today I think because I started, I had more time to do my stuff and I had to score. The team won, the team played well and that’s important,” he added in televised remarks.

    Pedro joined a month after Chelsea signed Liam Delap, as the club moved to plug a forward shortage.

    Chelsea face the winner of the second semi-final on Wednesday between Paris St Germain and Real Madrid. The final is set for Sunday at MetLife Stadium.

    (Reuters)

  • Joao Pedro brace sends Chelsea into Club World Cup final

    Source: Government of India

    Source: Government of India (4)

    Joao Pedro kept the celebrations to a minimum after scoring twice to send Chelsea into the Club World Cup final, his goals proving the undoing of his former club Fluminense in a bittersweet meeting at MetLife Stadium on Tuesday.

    The 23-year-old Brazilian forward, who joined Chelsea from Brighton & Hove Albion six days ago, found the net in the 18th minute with a superb strike and again early in the second half with another excellent finish to seal his team’s 2-0 victory and passage to the final.

    He held his hands up apologetically after each strike against the club where he spent his formative years, even as his teammates swarmed around him on the pitch, only briefly cracking a smile after the second goal.

    “They (Fluminense) gave everything to me. They showed me to the world. If I’m here, it’s because they believed in me,” said Pedro.

    “I’m very grateful but this is football – I have to be professional. I feel sorry for them but I have to do my job.”

    Pedro made his debut for Chelsea in their 2-1 quarter-final win over Palmeiras on Friday with only a couple training sessions under his belt. Four days later, he was in the starting team.

    “Today I think because I started, I had more time to do my stuff and I had to score. The team won, the team played well and that’s important,” he added in televised remarks.

    Pedro joined a month after Chelsea signed Liam Delap, as the club moved to plug a forward shortage.

    Chelsea face the winner of the second semi-final on Wednesday between Paris St Germain and Real Madrid. The final is set for Sunday at MetLife Stadium.

    (Reuters)

  • Sweden reach Euro 2025 knockouts with 3-0 win over Poland

    Source: Government of India

    Source: Government of India (4)

    Sweden subjected Poland to an all-out aerial attack, scoring three headed goals in a 3-0 win to reach the knockout stages of the women’s European Championship, with captain Kosovare Asllani playing the role of air traffic controller throughout.

    The mercurial 35-year-old sent an early looping header bouncing off the woodwork before teeing up Stina Blackstenius to open the scoring.

    She then netted a header herself after the break, with Lina Hurtig adding a third from a corner as the Swedes guaranteed a top-two spot in Group C and a place in the next round. They will face Germany in their final group game on Saturday to decide who finishes top.

    “The plan was to attack through the flanks and through the wings, because we knew we would have a lot of space there, so we tried to attack, and got a lot of crosses in,” Asllani told Reuters.

    “The first goal, I waited one second extra, waited for their defenders to move, for me to chip it in to Stina. So it’s three headers, three beautiful goals, the three points.”

    The Swedes never relented, pushing down the wings throughout the game.

    “We had seen clips where they are centred themselves a lot, so it felt natural for us to go wide and work from there. It worked for the whole game, so we just kept going at it,” midfielder Filippa Angeldahl told Reuters.

    “We’ll go through Germany and we’ll take a lot of things with us from today. Obviously we’re strong in the box and we want to get in the box as much as possible.”

    With Poland and Denmark now eliminated, it remains to be seen whether the Swedes will adopt the same tactics against Germany when the two sides battle it out in Zurich, and Asllani had a steely look when asked what the plan would be.

    “We want to win the group. That’s clear,” she said.

    (Reuters)

     

  • MIL-OSI Russia: Systems Analysis, AI and Big Data: Results of the Scientific Conference at SPbPU

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    The XXIX International Scientific and Practical Conference “System Analysis in Design and Management” (SAEC-2025) was held at the Polytechnic University.

    The event was organized by the scientific and pedagogical school “System Analysis in Design and Management” based on the Higher School of Computer Technologies and Information Systems of the Institute of Computer Science and Cybersecurity of SPbPU with the support of the Southern Federal University and the Financial University under the Government of the Russian Federation.

    The conference was attended by about 300 representatives of universities and research organizations from Russia and 19 foreign countries. 114 reports were presented, in addition to plenary sessions, there were seven scientific sections, two round tables, a discussion track and a visiting session in Taganrog (Southern Federal University).

    The plenary sessions were chaired by Violetta Volkova, professor at the Higher School of Computer Science and Information Technologies, Vladimir Kozlov, professor at the Higher School of Computer Science and Information Technologies, and Svetlana Shchepetova, professor at the Department of Modeling and Systems Analysis at the Financial University.

    On the first day of the conference, its scientific secretary, Associate Professor Svetlana Shirokova read out the opening remarks of the Chairman of the Program Committee, Academician of the Russian Academy of Sciences Igor Kalyaev. Professor Peres Krichtin Fabio Luis, Special Coordinator for International Relations with the Russian Federation, delivered a welcoming speech via video link on behalf of the Federal University of Rio de Janeiro.

    The following people gave reports on global problems of developing the methodology of systems analysis, data dimensionality, spatial planning and design of the environment of the future, system principles of model integration, systems analysis and development of weapons systems, as well as the peculiarities of the development of Russian higher education in modern conditions: President of the Southern Federal University, Academician of the Russian Academy of Education Marina Borovskaya; Head of the Scientific Direction “Mesoeconomics, Microeconomics, Corporate Economics” of the Central Economics and Mathematics Institute of the Russian Academy of Sciences, Scientific Director of the Department of Modeling and Systems Analysis of the Financial University under the Government of the Russian Federation, Head of the Department of Institutional Economics of the State University of Management, Corresponding Member of the Russian Academy of Sciences Georgy Kleiner; Head of the Department of Mathematical Modeling of Nonlinear Processes of the Keldysh Institute of Applied Mathematics of the Russian Academy of Sciences, Full Member of the Academy of Military Sciences; Professor of St. Petersburg State University Vladimir Khalin. The rationale for the need to open the specialty “System Analysis, Management and Information Processing” was presented in the report by Vladimir Kozlov, Violetta Volkova and Associate Professor Artem Efremov.

    At the end of the plenary session, the director of the Center for Technological Support of Education at Moscow Polytechnic University, Ilya Volnov, gave a report entitled “The Method of Analogies and Synthesis of the Sphere Approach.”

    Lively discussions arose in the section “Philosophical, methodological and general theoretical problems of systems theory and systems analysis”. The reports characterizing the current state of the sciences on systems and methods of systems analysis were discussed, including the report of the head of the department of philosophy of information and cognitive processes of the Institute of Philosophy of the National Academy of Sciences of Belarus Andrei Kolesnikov on arithmotronics; a joint report of professor of the University “Narxoz” (Almaty, Kazakhstan) Mafura Uandykova and professor of the Financial University Svetlana Shchepetova on the problem of interaction between the system and the individual in the era of digitalization; a joint report of professor of the Federal University of Rio de Janeiro Fabio Luis Peres Krichtin and his colleagues from the Polytechnic School, research laboratories of the Federal University of Rio de Janeiro and the Federal University Fluminense (Niteroi, Brazil).

    On the second day, the following scientific sections were held: “Mathematical Methods and Models of Systems Analysis in Technical and Socio-Economic Systems”, “Information and Cyber-Physical Systems”, “Measuring Information Technologies”, “System Analysis in the Management of Enterprises, Territorial Complexes, Research and Other Organizations”, “Transport Systems”, “System Analysis in the Educational Process and Management of Higher Education”.

    Employees of the SPbPU Digital Engineering School organized two round tables. Under the leadership of Marina Bolsunovskaya, Associate Professor of the Higher School of Computer Science and Information Systems, Head of the Laboratory of Industrial Systems of Stream Data Processing at the SPbPU School, a round table was held on Data Analysis in Complex Technical and Production Systems. Under the leadership of Alexey Gintsyak, Head of the Laboratory of Digital Modeling of Industrial Systems at the SPbPU School of Project Activity and Innovations in Industry, a round table was held on Integration of Methods of Systems Analysis and Artificial Intelligence in Economics and Construction.

    The discussion track on the problem of “Ideology of engineering complex systems in the conditions of increasing chaos of pre-singularity” (the moderator is the methodological director of the National Association of Enterprise Architects, a full member of the RMA Evgeny Zinder) attracted great interest. For example, a student of MIREA – Russian Technological University and junior specialist of the company “Uveon – Cloud Technologies” Nikolay Leonov presented evidence of the usefulness of using the XGBoost method for predicting security incidents in information systems.

    Also giving presentations and participating in discussions were Sergey Vasiliev, a lecturer at the TOP Computer Academy, Roman Khursin, an analyst at Ravelin LLC, Yuri Lyamin, an associate professor at the Department of Applied Informatics and Security at the Plekhanov Russian University of Economics, Elena Romanova, a senior lecturer at the Plekhanov Russian University of Economics, Kirill Skripkin, an associate professor at the Lomonosov Moscow State University, and Maxim Smirnov, a member of the NAAP Council.

    At the final plenary session, Boris Sokolov, Chief Researcher at the St. Petersburg Federal Research Center of the Russian Academy of Sciences, presented a report on the development and use of digital twins of complex objects based on the qualimetry of models and polymodel complexes. Professor Igor Arefyev and Associate Professor Olga Afanasyeva of the St. Petersburg Mining University spoke about the use of artificial intelligence to build cognitive models of weakly structured problems of system analysis. Professor Violetta Volkova, in collaboration with Yuri Cherny, Head of the Center for the Study of Informatics Problems at the Institute of Scientific Information on Social Sciences of the Russian Academy of Sciences, prepared a report entitled “A Look at the Problem of Big Data from the Point of View of A. A. Denisov’s Philosophy and Theory of the Information Field.”

    The meeting in Taganrog was devoted to the topic “Cognitive Modeling of Complex Systems and Artificial Intelligence”. There, Zinaida Avdeeva, a senior research fellow at the V. A. Trapeznikov Institute of Control Sciences of the Russian Academy of Sciences, expressed an important idea for complex open systems that forecasts should begin with an analysis of the current state of the system, reflected in regulatory documents, and presented a cognitive analysis of the main ones.

    At the end of the conference, its participants proposed organizing a permanent seminar and information portal, where they could continue discussing the development directions of systems sciences, and primarily the problems of target setting, big data and artificial intelligence.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • India’s internet subscribers cross 969 million in FY25, driven by broadband growth: TRAI

    Source: Government of India

    Source: Government of India (4)

    India’s internet subscriber base grew by 1.54% in the financial year 2024–25, rising from 954.40 million in March 2024 to 969.10 million in March 2025, according to data released by the Telecom Regulatory Authority of India (TRAI) on Tuesday.

    The growth was primarily driven by an increase in broadband subscribers, which rose from 924.07 million to 944.12 million, marking a 2.17% year-on-year gain.

    In contrast, narrowband subscriptions declined by 17.66%, falling from 30.34 million to 24.98 million during the same period.

    The report, titled Indian Telecom Services – Yearly Performance Indicators, also noted a 16.89% increase in mobile Average Revenue Per User (ARPU), which climbed from ₹149.25 to ₹174.46. While prepaid ARPU saw a notable rise, postpaid ARPU recorded a slight decline.

    Total wireless data usage jumped 17.46% to 2,28,779 Petabytes (PB), and data revenue grew 15.49% to Rs 2.15 lakh crore. The number of wireless data users also rose to 939.51 million.

    India’s total telephone subscriber base grew marginally by 0.13% to 1,200.80 million. However, overall teledensity slipped from 85.69% to 85.04%. While urban subscriptions increased slightly, urban teledensity declined by 1.70%. Rural subscriptions also rose, but rural teledensity saw a minor dip.

    Wireless subscribers fell by 0.73%, with a net loss of 8.5 million users. Wireline connections, however, surged by 9.62% to 37.04 million, boosting wireline teledensity from 2.41% to 2.62%.

    The sector’s Gross Revenue (GR) grew by 10.72% to Rs 3.72 lakh crore, while Adjusted Gross Revenue (AGR) rose 12.02% to Rs 3.03 lakh crore. Spectrum Usage Charges and license fees also recorded significant increases.

    In the broadcasting sector, India had 918 permitted private satellite TV channels as of March 2025, with 333 pay channels (232 SD and 101 HD). Pay DTH subscribers declined to 56.92 million, down from 61.97 million the previous year.

    There were 388 operational private FM radio stations across 113 cities, operated by 33 broadcasters after a recent merger. Community Radio Stations also saw growth, increasing from 494 to 531.

    The full report is available on TRAI’s website (www.trai.gov.in).

     

  • MIL-OSI China: Xi’s reply inspires American, Chinese youths to carry on friendship forged through pickleball

    Source: China State Council Information Office

    Xi’s reply inspires American, Chinese youths to carry on friendship forged through pickleball

    “We are extremely honored to receive a response from President Xi,” said Jeffrey Sullivan, head of the U.S. youth pickleball cultural exchange delegation from Montgomery County, Maryland.

    Chinese President Xi Jinping recently replied to the delegation’s letter, congratulating them on their successful visit to China. In April, Sullivan led a group of 44 teachers and students from 13 U.S. schools to China under Xi’s “50,000 in Five Years” initiative, which aims to bring 50,000 young Americans to China for exchange and study programs in a five-year span.

    After visiting Shanghai, Shenzhen and Beijing, the delegation sent a letter to Xi, expressing their gratitude for the initiative, noting they had forged unforgettable friendships with Chinese youths during the trip.

    In his reply, Xi said he was pleased to see that pickleball has become a new bond for youth exchanges between China and the United States. The future of China-U.S. relations depends on the youth, said Xi, expressing the hope that the delegation members will become a new generation of ambassadors for friendship between the two countries and make greater contributions to enhancing the friendship between the two peoples.

    A TRANSFORMATIVE JOURNEY

    “Thank you again for your vision and commitment to providing opportunities for our students and our countries to come together and build friendships, relationships and cultural learning opportunities,” the delegation wrote in the letter to Xi.

    Hailing the trip as life-changing, Sullivan said it enabled his delegation to immerse themselves in the Chinese culture and experience interpersonal relationships.

    “That was made possible because of the hospitality of the Chinese people, who opened their doors to us, who served us wonderful food, who had wonderful performances showcasing the culture and traditions of China,” he said, adding, “It (the visit) would be something that we would take with us forever.”

    Echoing Sullivan, Wang Pengfei, one of the initiators of the tour, said, “We want young Americans to see today’s China for themselves.”

    “Every high-five on the court, every hands-on experience in traditional craft workshops and every visit to a high-tech company is reshaping how they perceive China’s development,” said Wang.

    For student Isabella Brant, celebrating her birthday in China was the most memorable part of the trip. She recalled playing pickleball with her Chinese partners on that day, receiving flowers, but more importantly, gaining friendship.

    “Definitely life-changing!” said Brant, adding, “I was a little nervous to go over to China, but it definitely changed my perspective on things and how I viewed everything.”

    NEW BONDS

    “It was an amazing trip for our students to build friendships through sport,” Sullivan said, adding that the exchange between American and Chinese youths during this tour is “not just on the pickleball court, but also off the court.”

    Pickleball, a paddle sport that originated in the United States that blends elements of tennis, badminton and table tennis, is easy to pick up for beginners and has rapidly gained popularity in China.

    According to Sullivan, Montgomery is the first U.S. school district to offer pickleball as a varsity sport, as this activity is fully inclusive and continues to bring people of all ability levels together.

    The Montgomery County public schools have now begun cooperation with Shenzhen Nanshan District Education Bureau, education groups of Beijing Middle School and Beijing No. 10 Middle School to establish long-term partnerships, with pickleball included as a key area of exchange.

    “I witnessed firsthand how the power of sports can transcend borders and bring people from different cultural backgrounds closer together,” said Xie Yuan, a student from Wenhua School in Shenzhen who took part in the event.

    Speaking of the friends she made during the tour, Ella Geary, a student from the delegation, said, “I find it amazing that you can just instantly bond with someone who lives on the other side of the globe.”

    Echoing Geary, Sullivan’s daughter, Reagan Sullivan, also a student from the delegation, depicted the bonds they built as “amazing and unbreakable.”

    Pickleball has become a new bond for building friendships, she said.

    PEOPLE-TO-PEOPLE FRIENDSHIP

    In April 1971, a 15-member U.S. table tennis delegation took a historic trip to China, becoming the first delegation of Americans to visit China in decades.

    Recalling the China-U.S. “Ping-Pong Diplomacy” 54 years ago, Sullivan said that sports have a unique power to bring people together.

    Beyond discovering China’s cultural charm and technological innovation, many students played Ping-Pong for the first time. Sullivan said a visit to the China Table Tennis Museum gave them deeper insight into the history of “Ping-Pong Diplomacy,” which once helped bridge U.S.-China relations.

    Upon hearing Xi’s reply, Stephen Mull, former U.S. acting undersecretary of state for political affairs, emphasized the unifying power of sports.

    “It encourages each participant to be the very best version of himself or herself while underscoring the common humanity that binds us all together on the field of play,” he explained.

    “Pickleball has served as a unique and joyful bridge between our two cultures, one that allowed for connection, mutual respect and shared learning. Like your vision, we believe that sports engagement is essential in building the foundation for lasting international friendship,” the delegation wrote in the letter to Xi.

    The vision refers to Xi’s “50,000 in Five Years” initiative, launched in November 2023. Nearly 15,000 American youth visited China by the end of 2024 under the initiative, observing China with their own eyes and traveling the expanse of the country on their own feet.

    “If I had the opportunity, I would definitely go back,” said Joel Geary, a student from the delegation.

    “We are all part of the ‘50,000 in Five Years’ initiative,” said Sun Yuyan, a student who participated in the event from Shanghai Luwan High School, adding, “The future of China-U.S. relations should be a shared future shaped by our generation, one that lives up to the promise of our youth.”

    “I would love to organize additional exchanges and opportunities, whether it’s through pickleball or other sports, using them as a platform to bring people together,” said Sullivan.

    MIL OSI China News

  • MIL-OSI China: Xi’s reply inspires American, Chinese youths to carry on friendship forged through pickleball

    Source: China State Council Information Office

    Xi’s reply inspires American, Chinese youths to carry on friendship forged through pickleball

    “We are extremely honored to receive a response from President Xi,” said Jeffrey Sullivan, head of the U.S. youth pickleball cultural exchange delegation from Montgomery County, Maryland.

    Chinese President Xi Jinping recently replied to the delegation’s letter, congratulating them on their successful visit to China. In April, Sullivan led a group of 44 teachers and students from 13 U.S. schools to China under Xi’s “50,000 in Five Years” initiative, which aims to bring 50,000 young Americans to China for exchange and study programs in a five-year span.

    After visiting Shanghai, Shenzhen and Beijing, the delegation sent a letter to Xi, expressing their gratitude for the initiative, noting they had forged unforgettable friendships with Chinese youths during the trip.

    In his reply, Xi said he was pleased to see that pickleball has become a new bond for youth exchanges between China and the United States. The future of China-U.S. relations depends on the youth, said Xi, expressing the hope that the delegation members will become a new generation of ambassadors for friendship between the two countries and make greater contributions to enhancing the friendship between the two peoples.

    A TRANSFORMATIVE JOURNEY

    “Thank you again for your vision and commitment to providing opportunities for our students and our countries to come together and build friendships, relationships and cultural learning opportunities,” the delegation wrote in the letter to Xi.

    Hailing the trip as life-changing, Sullivan said it enabled his delegation to immerse themselves in the Chinese culture and experience interpersonal relationships.

    “That was made possible because of the hospitality of the Chinese people, who opened their doors to us, who served us wonderful food, who had wonderful performances showcasing the culture and traditions of China,” he said, adding, “It (the visit) would be something that we would take with us forever.”

    Echoing Sullivan, Wang Pengfei, one of the initiators of the tour, said, “We want young Americans to see today’s China for themselves.”

    “Every high-five on the court, every hands-on experience in traditional craft workshops and every visit to a high-tech company is reshaping how they perceive China’s development,” said Wang.

    For student Isabella Brant, celebrating her birthday in China was the most memorable part of the trip. She recalled playing pickleball with her Chinese partners on that day, receiving flowers, but more importantly, gaining friendship.

    “Definitely life-changing!” said Brant, adding, “I was a little nervous to go over to China, but it definitely changed my perspective on things and how I viewed everything.”

    NEW BONDS

    “It was an amazing trip for our students to build friendships through sport,” Sullivan said, adding that the exchange between American and Chinese youths during this tour is “not just on the pickleball court, but also off the court.”

    Pickleball, a paddle sport that originated in the United States that blends elements of tennis, badminton and table tennis, is easy to pick up for beginners and has rapidly gained popularity in China.

    According to Sullivan, Montgomery is the first U.S. school district to offer pickleball as a varsity sport, as this activity is fully inclusive and continues to bring people of all ability levels together.

    The Montgomery County public schools have now begun cooperation with Shenzhen Nanshan District Education Bureau, education groups of Beijing Middle School and Beijing No. 10 Middle School to establish long-term partnerships, with pickleball included as a key area of exchange.

    “I witnessed firsthand how the power of sports can transcend borders and bring people from different cultural backgrounds closer together,” said Xie Yuan, a student from Wenhua School in Shenzhen who took part in the event.

    Speaking of the friends she made during the tour, Ella Geary, a student from the delegation, said, “I find it amazing that you can just instantly bond with someone who lives on the other side of the globe.”

    Echoing Geary, Sullivan’s daughter, Reagan Sullivan, also a student from the delegation, depicted the bonds they built as “amazing and unbreakable.”

    Pickleball has become a new bond for building friendships, she said.

    PEOPLE-TO-PEOPLE FRIENDSHIP

    In April 1971, a 15-member U.S. table tennis delegation took a historic trip to China, becoming the first delegation of Americans to visit China in decades.

    Recalling the China-U.S. “Ping-Pong Diplomacy” 54 years ago, Sullivan said that sports have a unique power to bring people together.

    Beyond discovering China’s cultural charm and technological innovation, many students played Ping-Pong for the first time. Sullivan said a visit to the China Table Tennis Museum gave them deeper insight into the history of “Ping-Pong Diplomacy,” which once helped bridge U.S.-China relations.

    Upon hearing Xi’s reply, Stephen Mull, former U.S. acting undersecretary of state for political affairs, emphasized the unifying power of sports.

    “It encourages each participant to be the very best version of himself or herself while underscoring the common humanity that binds us all together on the field of play,” he explained.

    “Pickleball has served as a unique and joyful bridge between our two cultures, one that allowed for connection, mutual respect and shared learning. Like your vision, we believe that sports engagement is essential in building the foundation for lasting international friendship,” the delegation wrote in the letter to Xi.

    The vision refers to Xi’s “50,000 in Five Years” initiative, launched in November 2023. Nearly 15,000 American youth visited China by the end of 2024 under the initiative, observing China with their own eyes and traveling the expanse of the country on their own feet.

    “If I had the opportunity, I would definitely go back,” said Joel Geary, a student from the delegation.

    “We are all part of the ‘50,000 in Five Years’ initiative,” said Sun Yuyan, a student who participated in the event from Shanghai Luwan High School, adding, “The future of China-U.S. relations should be a shared future shaped by our generation, one that lives up to the promise of our youth.”

    “I would love to organize additional exchanges and opportunities, whether it’s through pickleball or other sports, using them as a platform to bring people together,” said Sullivan.

    MIL OSI China News

  • MIL-OSI China: Xi’s reply inspires American, Chinese youths to carry on friendship forged through pickleball

    Source: China State Council Information Office

    Xi’s reply inspires American, Chinese youths to carry on friendship forged through pickleball

    “We are extremely honored to receive a response from President Xi,” said Jeffrey Sullivan, head of the U.S. youth pickleball cultural exchange delegation from Montgomery County, Maryland.

    Chinese President Xi Jinping recently replied to the delegation’s letter, congratulating them on their successful visit to China. In April, Sullivan led a group of 44 teachers and students from 13 U.S. schools to China under Xi’s “50,000 in Five Years” initiative, which aims to bring 50,000 young Americans to China for exchange and study programs in a five-year span.

    After visiting Shanghai, Shenzhen and Beijing, the delegation sent a letter to Xi, expressing their gratitude for the initiative, noting they had forged unforgettable friendships with Chinese youths during the trip.

    In his reply, Xi said he was pleased to see that pickleball has become a new bond for youth exchanges between China and the United States. The future of China-U.S. relations depends on the youth, said Xi, expressing the hope that the delegation members will become a new generation of ambassadors for friendship between the two countries and make greater contributions to enhancing the friendship between the two peoples.

    A TRANSFORMATIVE JOURNEY

    “Thank you again for your vision and commitment to providing opportunities for our students and our countries to come together and build friendships, relationships and cultural learning opportunities,” the delegation wrote in the letter to Xi.

    Hailing the trip as life-changing, Sullivan said it enabled his delegation to immerse themselves in the Chinese culture and experience interpersonal relationships.

    “That was made possible because of the hospitality of the Chinese people, who opened their doors to us, who served us wonderful food, who had wonderful performances showcasing the culture and traditions of China,” he said, adding, “It (the visit) would be something that we would take with us forever.”

    Echoing Sullivan, Wang Pengfei, one of the initiators of the tour, said, “We want young Americans to see today’s China for themselves.”

    “Every high-five on the court, every hands-on experience in traditional craft workshops and every visit to a high-tech company is reshaping how they perceive China’s development,” said Wang.

    For student Isabella Brant, celebrating her birthday in China was the most memorable part of the trip. She recalled playing pickleball with her Chinese partners on that day, receiving flowers, but more importantly, gaining friendship.

    “Definitely life-changing!” said Brant, adding, “I was a little nervous to go over to China, but it definitely changed my perspective on things and how I viewed everything.”

    NEW BONDS

    “It was an amazing trip for our students to build friendships through sport,” Sullivan said, adding that the exchange between American and Chinese youths during this tour is “not just on the pickleball court, but also off the court.”

    Pickleball, a paddle sport that originated in the United States that blends elements of tennis, badminton and table tennis, is easy to pick up for beginners and has rapidly gained popularity in China.

    According to Sullivan, Montgomery is the first U.S. school district to offer pickleball as a varsity sport, as this activity is fully inclusive and continues to bring people of all ability levels together.

    The Montgomery County public schools have now begun cooperation with Shenzhen Nanshan District Education Bureau, education groups of Beijing Middle School and Beijing No. 10 Middle School to establish long-term partnerships, with pickleball included as a key area of exchange.

    “I witnessed firsthand how the power of sports can transcend borders and bring people from different cultural backgrounds closer together,” said Xie Yuan, a student from Wenhua School in Shenzhen who took part in the event.

    Speaking of the friends she made during the tour, Ella Geary, a student from the delegation, said, “I find it amazing that you can just instantly bond with someone who lives on the other side of the globe.”

    Echoing Geary, Sullivan’s daughter, Reagan Sullivan, also a student from the delegation, depicted the bonds they built as “amazing and unbreakable.”

    Pickleball has become a new bond for building friendships, she said.

    PEOPLE-TO-PEOPLE FRIENDSHIP

    In April 1971, a 15-member U.S. table tennis delegation took a historic trip to China, becoming the first delegation of Americans to visit China in decades.

    Recalling the China-U.S. “Ping-Pong Diplomacy” 54 years ago, Sullivan said that sports have a unique power to bring people together.

    Beyond discovering China’s cultural charm and technological innovation, many students played Ping-Pong for the first time. Sullivan said a visit to the China Table Tennis Museum gave them deeper insight into the history of “Ping-Pong Diplomacy,” which once helped bridge U.S.-China relations.

    Upon hearing Xi’s reply, Stephen Mull, former U.S. acting undersecretary of state for political affairs, emphasized the unifying power of sports.

    “It encourages each participant to be the very best version of himself or herself while underscoring the common humanity that binds us all together on the field of play,” he explained.

    “Pickleball has served as a unique and joyful bridge between our two cultures, one that allowed for connection, mutual respect and shared learning. Like your vision, we believe that sports engagement is essential in building the foundation for lasting international friendship,” the delegation wrote in the letter to Xi.

    The vision refers to Xi’s “50,000 in Five Years” initiative, launched in November 2023. Nearly 15,000 American youth visited China by the end of 2024 under the initiative, observing China with their own eyes and traveling the expanse of the country on their own feet.

    “If I had the opportunity, I would definitely go back,” said Joel Geary, a student from the delegation.

    “We are all part of the ‘50,000 in Five Years’ initiative,” said Sun Yuyan, a student who participated in the event from Shanghai Luwan High School, adding, “The future of China-U.S. relations should be a shared future shaped by our generation, one that lives up to the promise of our youth.”

    “I would love to organize additional exchanges and opportunities, whether it’s through pickleball or other sports, using them as a platform to bring people together,” said Sullivan.

    MIL OSI China News

  • MIL-OSI Asia-Pac: LCQ9: Regulation of medical devices

    Source: Hong Kong Government special administrative region

    LCQ9: Regulation of medical devices 
    Question:
     
         At present, Hong Kong has only put in place a voluntary Medical Device Administrative Control System (the System), and there is no legislation to regulate such devices. On the other hand, it is learnt that some merchants are promoting and marketing parallel-imported contact lenses on the Internet, but these products do not have any medical device labelling on their packaging boxes, or the labelling shows signs of alteration (e.g. “the unique device identifier” has been cut off or covered), thus making it difficult to identify whether the products belong to problematic batches, and the quality of such products cannot be guaranteed. In this connection, will the Government inform this Council:
     
    (1) given that contact lenses is a class II medical device under the system, of the Government’s control over the importation and sale (including online sale) of contact lens products;
     
    (2) of the number of reports and requests for assistance received by the Government in the past three years in relation to parallel-imported contact lenses, as well as the categories of such cases (e.g. improper packaging labels, discomfort after use, etc.); whether it has taken law enforcement actions against merchants who have made unauthorised alterations to the packaging information of contact lenses (including parallel-imported contact lenses); if so, of the details; if not, the reasons for that; and
     
    (3) as the Government indicated in June last year that it was conducting a comprehensive review of the proposed legislative framework for medical device regulation, whether the Government will draw up a concrete timetable for introducing legislative amendments to regulate the manufacture, importation, quality assurance, sale and post-sale follow-up of medical devices; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         In consultation with the Commerce and Economic Development Bureau, the Customs and Excise Department (C&ED) and the Department of Health (DH), the Health Bureau provides a consolidated reply to the question raised by Dr the Hon David Lam as follows:
     
         While there is not yet specific legislation to regulate medical devices in Hong Kong, some products are already regulated by existing pieces of legislation, such as the Pharmacy and Poisons Ordinance (Cap. 138), the Consumer Goods Safety Ordinance (CGSO) (Cap. 456) and the Trade Descriptions Ordinance (TDO) (Cap. 362) etc., depending on the characteristics and features of the products concerned.
     
         To safeguard public health, the DH has made reference to the recommendation of the Global Harmonization Task Force (now known as the International Medical Device Regulators Forum) and introduced the voluntary Medical Device Administrative Control System (MDACS) since 2004, under which a listing system for medical devices and traders as well as a post-market monitoring system for the products are put in place.  
     
         According to the prevailing MDACS, contact lenses are usually categorised as Class II (low-moderate risk) general medical devices. To apply for listing under the MDACS, a medical device must be proven to have met the requirements under the Essential Principles of Safety and Performance of Medical Devices that are adopted internationally. As for the listing system for traders (including local responsible person, local manufacturers, importers and distributors), traders must meet relevant requirements including holding a valid business registration certificate, maintaining a quality management system for supply of medical devices, and complying with post-market control for the products in order to hold them accountable for the safety of medical devices. Besides, a dedicated reporting system has been set up under the MDACS to handle the reporting of incidents pertaining to listed medical devices, with a view to enhancing protection for users via early detection of safety alerts.
     
         On the other hand, the C&ED is responsible for enforcing the CGSO and the TDO. The safety of consumer goods which are supplied for private use in Hong Kong, if not covered by other legislation, is subject to the regulation of the CGSO and its subsidiary legislation namely the Consumer Goods Safety Regulation (CGSR). This covers contact lenses as mentioned in the question.
     
         Pursuant to the CGSO, manufacturers, importers and suppliers should ensure that the consumer goods they supply are reasonably safe. The CGSR stipulates that any warning or caution marked on the package of consumer goods must be in both the English and the Chinese languages in a legible and conspicuous manner. Covering both goods and services, the TDO prohibits specified unfair trade practices deployed by traders against consumers, including false trade descriptions, misleading omissions, aggressive commercial practices, bait advertising, bait-and-switch and wrongly accepting payment, which are applicable to the commercial practices of both physical and online traders. 
     
         From 2022 to 2024, the C&ED did not receive any complaint on the product safety of contact lenses, but received six complaints of suspected contravention of the TDO. Upon investigation, five cases were closed due to insufficient evidence, with the remaining one under investigation. 
     
         Looking ahead, the DH has announced the establishment of the Hong Kong Centre for Medical Products Regulation (CMPR) by the end of 2026, with regulation of medical devices as part of its purview. The Government is taking forward preparatory work for the relevant legislation at full steam having regard to the latest international trends in regulation of medical devices in recent years, and will comprehensively review the proposed legislative framework. It is expected that the legislative proposal could be submitted to the Legislative Council within the next year so as to dovetail with the timetable for establishing the CMPR. Upon legislation, all medical devices supplied in Hong Kong, unless otherwise exempted, must be registered, thereby ensuring the compliance with relevant standards in safety, quality and performance. 
    Issued at HKT 15:30

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ9: Regulation of medical devices

    Source: Hong Kong Government special administrative region

    LCQ9: Regulation of medical devices 
    Question:
     
         At present, Hong Kong has only put in place a voluntary Medical Device Administrative Control System (the System), and there is no legislation to regulate such devices. On the other hand, it is learnt that some merchants are promoting and marketing parallel-imported contact lenses on the Internet, but these products do not have any medical device labelling on their packaging boxes, or the labelling shows signs of alteration (e.g. “the unique device identifier” has been cut off or covered), thus making it difficult to identify whether the products belong to problematic batches, and the quality of such products cannot be guaranteed. In this connection, will the Government inform this Council:
     
    (1) given that contact lenses is a class II medical device under the system, of the Government’s control over the importation and sale (including online sale) of contact lens products;
     
    (2) of the number of reports and requests for assistance received by the Government in the past three years in relation to parallel-imported contact lenses, as well as the categories of such cases (e.g. improper packaging labels, discomfort after use, etc.); whether it has taken law enforcement actions against merchants who have made unauthorised alterations to the packaging information of contact lenses (including parallel-imported contact lenses); if so, of the details; if not, the reasons for that; and
     
    (3) as the Government indicated in June last year that it was conducting a comprehensive review of the proposed legislative framework for medical device regulation, whether the Government will draw up a concrete timetable for introducing legislative amendments to regulate the manufacture, importation, quality assurance, sale and post-sale follow-up of medical devices; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         In consultation with the Commerce and Economic Development Bureau, the Customs and Excise Department (C&ED) and the Department of Health (DH), the Health Bureau provides a consolidated reply to the question raised by Dr the Hon David Lam as follows:
     
         While there is not yet specific legislation to regulate medical devices in Hong Kong, some products are already regulated by existing pieces of legislation, such as the Pharmacy and Poisons Ordinance (Cap. 138), the Consumer Goods Safety Ordinance (CGSO) (Cap. 456) and the Trade Descriptions Ordinance (TDO) (Cap. 362) etc., depending on the characteristics and features of the products concerned.
     
         To safeguard public health, the DH has made reference to the recommendation of the Global Harmonization Task Force (now known as the International Medical Device Regulators Forum) and introduced the voluntary Medical Device Administrative Control System (MDACS) since 2004, under which a listing system for medical devices and traders as well as a post-market monitoring system for the products are put in place.  
     
         According to the prevailing MDACS, contact lenses are usually categorised as Class II (low-moderate risk) general medical devices. To apply for listing under the MDACS, a medical device must be proven to have met the requirements under the Essential Principles of Safety and Performance of Medical Devices that are adopted internationally. As for the listing system for traders (including local responsible person, local manufacturers, importers and distributors), traders must meet relevant requirements including holding a valid business registration certificate, maintaining a quality management system for supply of medical devices, and complying with post-market control for the products in order to hold them accountable for the safety of medical devices. Besides, a dedicated reporting system has been set up under the MDACS to handle the reporting of incidents pertaining to listed medical devices, with a view to enhancing protection for users via early detection of safety alerts.
     
         On the other hand, the C&ED is responsible for enforcing the CGSO and the TDO. The safety of consumer goods which are supplied for private use in Hong Kong, if not covered by other legislation, is subject to the regulation of the CGSO and its subsidiary legislation namely the Consumer Goods Safety Regulation (CGSR). This covers contact lenses as mentioned in the question.
     
         Pursuant to the CGSO, manufacturers, importers and suppliers should ensure that the consumer goods they supply are reasonably safe. The CGSR stipulates that any warning or caution marked on the package of consumer goods must be in both the English and the Chinese languages in a legible and conspicuous manner. Covering both goods and services, the TDO prohibits specified unfair trade practices deployed by traders against consumers, including false trade descriptions, misleading omissions, aggressive commercial practices, bait advertising, bait-and-switch and wrongly accepting payment, which are applicable to the commercial practices of both physical and online traders. 
     
         From 2022 to 2024, the C&ED did not receive any complaint on the product safety of contact lenses, but received six complaints of suspected contravention of the TDO. Upon investigation, five cases were closed due to insufficient evidence, with the remaining one under investigation. 
     
         Looking ahead, the DH has announced the establishment of the Hong Kong Centre for Medical Products Regulation (CMPR) by the end of 2026, with regulation of medical devices as part of its purview. The Government is taking forward preparatory work for the relevant legislation at full steam having regard to the latest international trends in regulation of medical devices in recent years, and will comprehensively review the proposed legislative framework. It is expected that the legislative proposal could be submitted to the Legislative Council within the next year so as to dovetail with the timetable for establishing the CMPR. Upon legislation, all medical devices supplied in Hong Kong, unless otherwise exempted, must be registered, thereby ensuring the compliance with relevant standards in safety, quality and performance. 
    Issued at HKT 15:30

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ9: Regulation of medical devices

    Source: Hong Kong Government special administrative region

    LCQ9: Regulation of medical devices 
    Question:
     
         At present, Hong Kong has only put in place a voluntary Medical Device Administrative Control System (the System), and there is no legislation to regulate such devices. On the other hand, it is learnt that some merchants are promoting and marketing parallel-imported contact lenses on the Internet, but these products do not have any medical device labelling on their packaging boxes, or the labelling shows signs of alteration (e.g. “the unique device identifier” has been cut off or covered), thus making it difficult to identify whether the products belong to problematic batches, and the quality of such products cannot be guaranteed. In this connection, will the Government inform this Council:
     
    (1) given that contact lenses is a class II medical device under the system, of the Government’s control over the importation and sale (including online sale) of contact lens products;
     
    (2) of the number of reports and requests for assistance received by the Government in the past three years in relation to parallel-imported contact lenses, as well as the categories of such cases (e.g. improper packaging labels, discomfort after use, etc.); whether it has taken law enforcement actions against merchants who have made unauthorised alterations to the packaging information of contact lenses (including parallel-imported contact lenses); if so, of the details; if not, the reasons for that; and
     
    (3) as the Government indicated in June last year that it was conducting a comprehensive review of the proposed legislative framework for medical device regulation, whether the Government will draw up a concrete timetable for introducing legislative amendments to regulate the manufacture, importation, quality assurance, sale and post-sale follow-up of medical devices; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         In consultation with the Commerce and Economic Development Bureau, the Customs and Excise Department (C&ED) and the Department of Health (DH), the Health Bureau provides a consolidated reply to the question raised by Dr the Hon David Lam as follows:
     
         While there is not yet specific legislation to regulate medical devices in Hong Kong, some products are already regulated by existing pieces of legislation, such as the Pharmacy and Poisons Ordinance (Cap. 138), the Consumer Goods Safety Ordinance (CGSO) (Cap. 456) and the Trade Descriptions Ordinance (TDO) (Cap. 362) etc., depending on the characteristics and features of the products concerned.
     
         To safeguard public health, the DH has made reference to the recommendation of the Global Harmonization Task Force (now known as the International Medical Device Regulators Forum) and introduced the voluntary Medical Device Administrative Control System (MDACS) since 2004, under which a listing system for medical devices and traders as well as a post-market monitoring system for the products are put in place.  
     
         According to the prevailing MDACS, contact lenses are usually categorised as Class II (low-moderate risk) general medical devices. To apply for listing under the MDACS, a medical device must be proven to have met the requirements under the Essential Principles of Safety and Performance of Medical Devices that are adopted internationally. As for the listing system for traders (including local responsible person, local manufacturers, importers and distributors), traders must meet relevant requirements including holding a valid business registration certificate, maintaining a quality management system for supply of medical devices, and complying with post-market control for the products in order to hold them accountable for the safety of medical devices. Besides, a dedicated reporting system has been set up under the MDACS to handle the reporting of incidents pertaining to listed medical devices, with a view to enhancing protection for users via early detection of safety alerts.
     
         On the other hand, the C&ED is responsible for enforcing the CGSO and the TDO. The safety of consumer goods which are supplied for private use in Hong Kong, if not covered by other legislation, is subject to the regulation of the CGSO and its subsidiary legislation namely the Consumer Goods Safety Regulation (CGSR). This covers contact lenses as mentioned in the question.
     
         Pursuant to the CGSO, manufacturers, importers and suppliers should ensure that the consumer goods they supply are reasonably safe. The CGSR stipulates that any warning or caution marked on the package of consumer goods must be in both the English and the Chinese languages in a legible and conspicuous manner. Covering both goods and services, the TDO prohibits specified unfair trade practices deployed by traders against consumers, including false trade descriptions, misleading omissions, aggressive commercial practices, bait advertising, bait-and-switch and wrongly accepting payment, which are applicable to the commercial practices of both physical and online traders. 
     
         From 2022 to 2024, the C&ED did not receive any complaint on the product safety of contact lenses, but received six complaints of suspected contravention of the TDO. Upon investigation, five cases were closed due to insufficient evidence, with the remaining one under investigation. 
     
         Looking ahead, the DH has announced the establishment of the Hong Kong Centre for Medical Products Regulation (CMPR) by the end of 2026, with regulation of medical devices as part of its purview. The Government is taking forward preparatory work for the relevant legislation at full steam having regard to the latest international trends in regulation of medical devices in recent years, and will comprehensively review the proposed legislative framework. It is expected that the legislative proposal could be submitted to the Legislative Council within the next year so as to dovetail with the timetable for establishing the CMPR. Upon legislation, all medical devices supplied in Hong Kong, unless otherwise exempted, must be registered, thereby ensuring the compliance with relevant standards in safety, quality and performance. 
    Issued at HKT 15:30

    NNNN

    MIL OSI Asia Pacific News

  • European heatwave caused 2,300 deaths, scientists estimate

    Source: Government of India

    Source: Government of India (4)

    Around 2,300 people died of heat-related causes across 12 European cities during the severe heatwave that ended last week, according to a rapid scientific analysis published on Wednesday.

    The study targeted the 10 days, ending July 2, during which large parts of Western Europe were hit by extreme heat, with temperatures breaching 40 degrees Celsius (104°F) in Spain and wildfires breaking out in France.

    Of the 2,300 people estimated to have died during this period, 1,500 deaths were linked to climate change, which made the heatwave more severe, according to the study conducted by scientists at Imperial College London and the London School of Hygiene and Tropical Medicine.

    “Climate change has made it significantly hotter than it would have been, which in turn makes it a lot more dangerous,” said Dr Ben Clarke, a researcher at Imperial College London.

    The study covered 12 cities including Barcelona, Madrid, London and Milan, where the researchers said climate change had increased heatwave temperatures by up to 4 degrees Celsius.

    The researchers used established epidemiological models and historical mortality data to estimate the death toll, which reflects deaths where heat was the underlying reason for mortality, including if exposure exacerbated pre-existing health conditions.

    The scientists said they used peer-reviewed methods to quickly produce the estimated death toll, because most heat-related deaths are not officially reported and some governments do not release this data.

    Last month was the planet’s third-hottest June on record, behind the same month in 2024 and 2023, the EU’s Copernicus Climate Change Service said in a monthly bulletin on Wednesday.

    Western Europe experienced its warmest June on record, with much of the region experiencing “very strong heat stress” – defined by conditions that feel like a temperature of 38 degrees Celsius or more, Copernicus said.

    “In a warming world, heatwaves are likely to become more frequent, more intense and impact more people across Europe,” said Samantha Burgess, Copernicus’ strategic lead for climate.

    Researchers from European health institutes reported in 2023 that as many as 61,000 people may have died in Europe’s sweltering heatwaves in 2022, according to new research, suggesting countries’ heat preparedness efforts are falling fatally short.

    The build-up of greenhouse gas emissions in the atmosphere – which mostly come from the burning of fossil fuels – means the planet’s average temperature has increased over time. This increase in baseline temperatures means that when a heatwave comes, temperatures can surge to higher peaks.

    (Reuters)

  • India set to explore over 2.5 lakh sq km in one of the largest offshore energy efforts

    Source: Government of India

    Source: Government of India (4)

    In one of the world’s largest offshore energy exploration initiatives, India is set to explore more than 2.5 lakh square kilometres under the Open Acreage Licensing Programme (OALP) Round X, Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Wednesday.

    “We are ready to enter a new era of energy… In the field of oil and gas exploration and production, there are no longer obstacles, only possibilities,” the minister said in a post on X.

    Hardeep Singh Puri is currently attending a meeting of the Offshore Energy Cluster in Bergen, Norway.

    “The bold decision taken by Prime Minister Narendra Modi on the ‘no-go’ area is not only strengthening the country’s energy security but also preparing India to lead a major transformation in the energy sector,” he added.

    The Union Minister also met Kristian Sorensen, CEO of BW LPG, the world’s leading owner and operator of LPG vessels, which owns and operates Very Large Gas Carriers (VLGCs) with a total carrying capacity of over 4 million CBM.

    “The company is among the leaders in LPG shipping, accounting for 20 per cent of LPG imports into India. During our meeting in Oslo, we discussed ways to further strengthen the collaboration between BW LPG and Indian energy companies,” Puri said.

    Meanwhile, the oil and gas blocks being offered under the OALP have already attracted interest from both global and domestic energy players. Round X is expected to set new benchmarks for participation and investment.

    The Petroleum Ministry has also invited feedback and suggestions on the Draft Petroleum and Natural Gas Rules, the Model Revenue Sharing Contract (MRSC), and the Petroleum Lease by July 17, 2025, as part of India’s push to accelerate the oil and gas sector.

    Hardeep Puri is scheduled to engage with ministers, officials and industry leaders at ‘Urja Varta 2025’ at Bharat Mandapam on July 17, ahead of India’s Round X of exploration and production bidding for oil and gas blocks, which is among the largest globally.

    —IANS

  • MIL-OSI Russia: Representatives of SPbGASU took part in the congress of young scientists

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering –

    An important disclaimer is at the bottom of this article.

    Chairperson of the Council of Young Scientists of SPbGASU Alexandra Glukhova, head of the student scientific society of the construction faculty Ksenia Ivanyuzhenko and student of the faculty of forensic examinations and law in construction and transport Kirill Besedin took part in the XIII Congress of councils of young scientists and student scientific societies “From the depths of traditions – to the heights of technology”, which was held from July 2 to 5 in Ufa.

    This year, the congress was the largest in its history. Its main objective was to involve young people in the development of science to ensure Russia’s technological leadership. Numerous sessions, divided into blocks, provided an opportunity to adopt experience and directly ask questions of interest to leading representatives of the business community, science and the state. The sessions were held in various formats: reports, master classes, panel discussions, round tables.

    “I especially remember the panel discussion “How to become a rector?” and the round table of the industry community “Construction and architecture”. There were many opportunities to prove yourself at the congress: to participate in sessions, in special stations from partners, in the evening program, which helped to establish useful connections. I received a powerful boost of motivation: when you get into an environment of like-minded people, where everyone’s eyes light up from what they do, it is impossible to remain indifferent,” noted Ksenia Ivanyuzhenko.

    “During the congress, we managed to attend many lectures, round tables, scientific discussions and other events dedicated to issues of scientific career, interaction between science and business, grant support for young scientists, advanced information technologies. In addition, a great program of informal events was organized, as a result of which we were able to meet and communicate with outstanding figures of modern science, establish friendly relations with representatives of student scientific societies of Moscow State University, the Academy under the President of the Russian Federation, the Customs Academy, which, I hope, will become the necessary foundation for organizing inter-university scientific events,” said Kirill Besedin.

    “An important milestone of the congress was the creation of the industry community “Construction and Architecture”, which included representatives of such specialized universities as the Nizhny Novgorod State University of Architecture and Civil Engineering, Moscow State University of Civil Engineering, Tomsk State University of Architecture and Civil Engineering, Penza State University of Architecture and Civil Engineering, Moscow Architectural Institute and others. In the round table format, we discussed the problems of organizing scientific activity within our areas and outlined ways to combine efforts in promoting research by young scientists, holding joint events and exchanging experience.

    I managed to talk with the Chairman of the Coordinating Council for Youth Affairs in the Scientific and Educational Spheres of the Council under the President of the Russian Federation for Science and Education, Nikita Marchenkov, and discuss issues of participation of representatives of the Construction and Architecture community in the sessions of the Congress of Young Scientists,” said Alexandra Glukhova.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI United Nations: 9 July 2025 Departmental update WHO, UNICEF update country tracker on water, sanitation and hygiene in health-care facilities, showing progress across 107 countries

    Source: World Health Organisation

    The World Health Organization (WHO) and UNICEF have released an updated country progress tracker that shows how countries are advancing efforts to improve water, sanitation, hygiene (WASH) and waste services in health-care facilities. The tracker, now covering 107 countries – up from 75 two years ago – underpins global monitoring against the 2023 United Nations General Assembly Resolution on WASH, waste and electricity in health-care facilities.

    The tracker provides the most comprehensive picture yet of how countries are taking forward the eight practical steps to improve WASH services in health facilities, from establishing national standards to developing costed roadmaps, strengthening health information systems and building workforce capacity.

    “This data shows that nearly every country is taking action,” said Maggie Montgomery, Technical Officer at WHO. “We see strong momentum on developing national standards and conducting baseline assessments, but critical gaps remain. Only 17% of countries have secured sufficient financing to improve and sustain these essential services. That means patients, staff and communities continue to face unnecessary risks.”

    Half of healthcare facilities worldwide lack basic hygiene services with water and soap or alcohol-based hand rub where patients receive care and at toilets in these facilities, according to the latest Joint Monitoring Programme (JMP) report by WHO and UNICEF. Around 3.85 billion people use these facilities, putting them at greater risk of infection, including 688 million people who receive care at facilities with no hygiene services at all.

    The updated analysis also highlights encouraging trends. Over 90% of countries have undertaken baseline assessments or developed standards. Nearly half of countries updating WASH and waste guidelines are integrating climate resilience and sustainability considerations, such as installing safe water storage, using greener plumbing materials and expanding non-burn waste treatment.

    “We’ve seen that progress is possible even in the most challenging contexts,” said Lindsay Denny Naughton, WASH Specialist at UNICEF. “Where countries work on multiple areas at once – from standards to infrastructure to integrating WASH into national health monitoring – these efforts reinforce each other and drive system-wide improvements. It’s clear that equity, including addressing the needs of women, girls and people with disabilities, has to be central to these efforts.”

    The updated tracker comes ahead of a global webinar on 29 July, hosted by WHO and UNICEF, which will share country experiences and highlight what more is needed to meet the targets set in the 2023 UN Resolution. The forthcoming WHO/UNICEF Global Progress Report on WASH and waste in health-care facilities, to be launched in October 2025, will provide further insights based on these country updates.

    Last week, WHO Europe convened countries and partners in Budapest under the Protocol on Water and Health to explore how global commitments can be translated into action at the national level, including through better financing models and integrating WASH into broader health, climate and antimicrobial resistance strategies.

    Montgomery emphasized: “We know what actions need to be taken, we have the tools and evidence and investing makes sense. Every dollar spent on hand hygiene in health-care facilities yields a return of 25 dollars. Now is the time to translate this momentum into concrete, sustainable improvements.”

    MIL OSI United Nations News

  • MIL-OSI: 21Shares Launches XDC Network ETP on Euronext

    Source: GlobeNewswire (MIL-OSI)

    New product offers regulated access to one of the most promising blockchain networks in global trade finance

    Zurich, 9 July 2025 – 21Shares, one of the world’s leading issuers of cryptocurrency exchange-traded products (ETPs), today announced the launch of the 21Shares XDC Network ETP (ticker: XDCN), now listed on Euronext Paris and Amsterdam. The physically backed ETP provides investors with institutional-grade access to the XDC Network, a blockchain purpose-built to modernise global trade through tokenisation and digitisation of real-world assets.

    Exchange Product Name Ticker ISIN Fee
    Euronext Paris and Euronext Amsterdam 21Shares XDC Network ETP XDCN CH1464217285 2.50%

    The XDC Network has rapidly emerged as a key infrastructure layer for trade finance and cross-border payments. Its integration with financial messaging standards such as SWIFT and ISO 20022 makes it a compelling choice for institutional adoption. Backed by strategic partnerships with industry players like Deutsche Telekom, SBI Japan, and Archax, the XDC ecosystem is bridging the gap between traditional finance and decentralised networks.

    “XDC stands at the intersection of blockchain innovation and real-world utility,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “As global finance begins to embrace tokenised assets, we’re proud to offer investors a regulated way to gain exposure to this critical infrastructure.”

    “XDC Network is a fast, compliant settlement layer for global payments and tokenized real-world assets – and this ETP brings that vision to life,” said Ritesh Kakkad, Co-Founder of XDC Network. “This ETP launch represents a significant milestone in XDC Network’s journey toward mainstream institutional adoption,” said Ziv Keinan, Head of Markets and Partnerships at XDC Network. “By partnering with 21Shares to bring regulated exposure to European investors, we’re enabling traditional financial institutions to participate in the future of payment and trade finance infrastructure. This product validates XDC’s position as the blockchain of choice for real-world asset tokenization and cross-border payment solutions.”

    The 21Shares XDC Network ETP (ISIN: CH1464217285) is denominated in USD (Euronext Amsterdam) and EUR (Euronext Paris), with a management fee of 2.50%. It is fully collateralised by the underlying asset and held in institutional-grade cold storage.

    For more information, please visit: www.21shares.com

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    About XDC Network
    XDC Network is an enterprise-grade, EVM-compatible Layer 1 blockchain protocol designed to revolutionize global trade finance through the tokenization of real-world assets and financial instruments. Since its origins in 2017, XDC Network has built a distributed community of developers and enterprises using its technology for efficient data storage, asset exchange, and decentralized applications. The network supports smart contracts, offers 2-second transaction finality, and maintains compatibility with Ethereum tools while delivering significantly lower costs and energy consumption.

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network

  • MIL-OSI: 21Shares Launches XDC Network ETP on Euronext

    Source: GlobeNewswire (MIL-OSI)

    New product offers regulated access to one of the most promising blockchain networks in global trade finance

    Zurich, 9 July 2025 – 21Shares, one of the world’s leading issuers of cryptocurrency exchange-traded products (ETPs), today announced the launch of the 21Shares XDC Network ETP (ticker: XDCN), now listed on Euronext Paris and Amsterdam. The physically backed ETP provides investors with institutional-grade access to the XDC Network, a blockchain purpose-built to modernise global trade through tokenisation and digitisation of real-world assets.

    Exchange Product Name Ticker ISIN Fee
    Euronext Paris and Euronext Amsterdam 21Shares XDC Network ETP XDCN CH1464217285 2.50%

    The XDC Network has rapidly emerged as a key infrastructure layer for trade finance and cross-border payments. Its integration with financial messaging standards such as SWIFT and ISO 20022 makes it a compelling choice for institutional adoption. Backed by strategic partnerships with industry players like Deutsche Telekom, SBI Japan, and Archax, the XDC ecosystem is bridging the gap between traditional finance and decentralised networks.

    “XDC stands at the intersection of blockchain innovation and real-world utility,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “As global finance begins to embrace tokenised assets, we’re proud to offer investors a regulated way to gain exposure to this critical infrastructure.”

    “XDC Network is a fast, compliant settlement layer for global payments and tokenized real-world assets – and this ETP brings that vision to life,” said Ritesh Kakkad, Co-Founder of XDC Network. “This ETP launch represents a significant milestone in XDC Network’s journey toward mainstream institutional adoption,” said Ziv Keinan, Head of Markets and Partnerships at XDC Network. “By partnering with 21Shares to bring regulated exposure to European investors, we’re enabling traditional financial institutions to participate in the future of payment and trade finance infrastructure. This product validates XDC’s position as the blockchain of choice for real-world asset tokenization and cross-border payment solutions.”

    The 21Shares XDC Network ETP (ISIN: CH1464217285) is denominated in USD (Euronext Amsterdam) and EUR (Euronext Paris), with a management fee of 2.50%. It is fully collateralised by the underlying asset and held in institutional-grade cold storage.

    For more information, please visit: www.21shares.com

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    About XDC Network
    XDC Network is an enterprise-grade, EVM-compatible Layer 1 blockchain protocol designed to revolutionize global trade finance through the tokenization of real-world assets and financial instruments. Since its origins in 2017, XDC Network has built a distributed community of developers and enterprises using its technology for efficient data storage, asset exchange, and decentralized applications. The network supports smart contracts, offers 2-second transaction finality, and maintains compatibility with Ethereum tools while delivering significantly lower costs and energy consumption.

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network

  • MIL-OSI: 4BIO Capital co-leads Actithera’s oversubscribed $75.5 million Series A financing

    Source: GlobeNewswire (MIL-OSI)

    4BIO investing in unique radiopharmaceutical platform company, developing radioligands with prolonged tumour retention

    Series A was co-led by 4BIO Capital, founding investor M Ventures, Hadean Ventures, and Sofinnova Partners, with syndicate including Bioqube Ventures, Surveyor Capital (a Citadel company) and others

    Proceeds will support clinical development of Actithera’s fibroblast activation protein (FAP)-targeting candidate and pipeline expansion

    London, United Kingdom, 9 July 2025 – 4BIO Capital (“4BIO” or “the Group”), an international venture capital firm unlocking the treatments of the future by investing in advanced therapies and other emerging technologies, today announces that it has co-led a $75.5 million Series A Financing round of Actithera (the “Company”).

    Radiopharmaceutical therapy (or radioligand therapy, RLT) is a targeted form of radiotherapy that can treat cancers resistant to other therapies and represents a $7.5 billion market projected to grow to $14.4 billion by 20341. RLTs with the appropriate pharmacokinetic profile can achieve efficacy with minimal toxicity; however, attaining the ideal pharmacokinetic characteristics is not trivial. 4BIO’s investment in Actithera highlights the clear need for a more systematic approach to optimizing RLT vectors and exemplifies the Group’s strategy of identifying critical technology gaps, backing innovative solutions, and supporting them in high-growth markets.

    4BIO co-led the oversubscribed round alongside founding investor M Ventures, Hadean Ventures, and Sofinnova Partners with additional participation from Bioqube Ventures, Innovestor’s Life Science Fund, Investinor, Surveyor Capital (a Citadel company), and the second founding investor, Arkin Bio Ventures II.

    Therese Liechtenstein, incoming Board Member and Investment Director at 4BIO Capital, said: “At 4BIO we invest in companies solving technical unmet needs to enable next-generation therapeutics. We are honoured to support Actithera, whose pipeline of molecules addresses key challenges in the nascent radioligand therapies space; a large therapeutic window through high tumour retention and low systemic exposure, applied to a lead programme that has significant pan-tumour therapeutic potential.”

    Dr Andreas Goutopoulous, Founder and CEO of Actithera, added: “We are grateful for 4BIO Capital’s support in this oversubscribed Series A, which is a strong validation of our approach. We set out to bring structure-based and kinetics-driven thinking from small molecule drug design into the world of radiopharmaceuticals. We engineer our radioconjugates for extended retention within tumours, making them ideally suited for longer-lived radionuclides and ultimately delivering more convenient dosing schedules and enhanced efficacy and safety for patients.”

    As part of the Series A financing, Therese Liechtenstein, Investment Director at 4BIO Capital will join the Actithera Board of Directors.

    The financing will support the advancement of Actithera’s lead FAP asset into clinical development in multiple indications, while also enabling the continued development of its proprietary RLT discovery platform and preclinical pipeline.

    The Company’s discovery platform combines rational drug design with radiochemistry to create novel small molecule radioligands that overcome current limitations in radiopharmaceutical development. Its three-pillar platform includes first-in-class covalent targeting strategies, designed to optimize tumour residence time, while ensuring rapid systemic clearance – improving precision, safety, and efficacy. Two additional proprietary approaches further support compound differentiation and improve tumour residence time and selectivity. This platform was validated through Actithera’s work on FAP, a high-value theranostic target known for being difficult to drug with molecules that maintain prolonged tumour residency. These efforts have resulted in a FAP-directed RLT development candidate with best-in-class potential due to its optimal pharmacokinetic profile and tumour specificity.

    Dr Andreas Goutopoulos, founder and CEO, brings over 25 years of pharmaceutical and biotech industry experience, including a track record of more than a dozen development candidates. His background includes over a decade of discovery leadership at EMD Serono, where he led medicinal chemistry. In his role as Entrepreneur-in-Residence (EIR) at M Ventures, he led the scientific efforts of and supported a number of oncology small molecule biotechs. At Actithera, he is pioneering a chemistry-driven, precision approach to RLTs by integrating novel covalent-targeting chemistries, rational drug design principles and an isotope-agnostic philosophy.

    – End –

    Contacts

    4BIO Capital +44 (0) 203 427 5500
    info@4biocapital.com
       
    ICR Healthcare
    Amber Fennell, Jonathan Edwards, Kris Lam
    +44 (0)20 3709 5700
    4biocapital@icrhealthcare.com

    About 4BIO Capital
    4BIO Capital (“4BIO”) is an international venture capital firm focused on investing in advanced therapies and emerging modalities, to unlock the treatments of the future. 4BIO’s mission is to invest in, support, and grow early-stage companies solving technical bottlenecks that enable next generation therapeutics in areas of high unmet medical need, with the ultimate goal of ensuring access to these potentially transformative therapies for all patients. The 4BIO team comprises leading advanced therapy scientists and experienced life science investors with an unrivalled network within the advanced therapy sector and a unique understanding of the criteria that define a successful investment opportunity in this space. For more information, connect with us on LinkedIn and Twitter @4biocapital and visit www.4biocapital.com.

    About Actithera
    Actithera is a radiopharmaceutical biotech company translating medicinal chemistry insights into next-generation radioligand therapies (RLTs). Founded in 2021 by drug discovery innovator Dr. Andreas Goutopoulos, and seed investors M Ventures, and Arkin Bio-Holdings, Actithera applies various molecular design strategies, including covalent-targeting and an isotope-agnostic philosophy to invent RLTs with significant differentiation and larger therapeutic windows. Headquartered in Oslo, Norway, and Cambridge, Massachusetts, Actithera is committed to advancing a differentiated pipeline addressing critical unmet needs in oncology. Learn more at www.actithera.com and on LinkedIn.


    1 https://www.precedenceresearch.com/radiopharmaceuticals-market

    The MIL Network

  • MIL-OSI: 4BIO Capital co-leads Actithera’s oversubscribed $75.5 million Series A financing

    Source: GlobeNewswire (MIL-OSI)

    4BIO investing in unique radiopharmaceutical platform company, developing radioligands with prolonged tumour retention

    Series A was co-led by 4BIO Capital, founding investor M Ventures, Hadean Ventures, and Sofinnova Partners, with syndicate including Bioqube Ventures, Surveyor Capital (a Citadel company) and others

    Proceeds will support clinical development of Actithera’s fibroblast activation protein (FAP)-targeting candidate and pipeline expansion

    London, United Kingdom, 9 July 2025 – 4BIO Capital (“4BIO” or “the Group”), an international venture capital firm unlocking the treatments of the future by investing in advanced therapies and other emerging technologies, today announces that it has co-led a $75.5 million Series A Financing round of Actithera (the “Company”).

    Radiopharmaceutical therapy (or radioligand therapy, RLT) is a targeted form of radiotherapy that can treat cancers resistant to other therapies and represents a $7.5 billion market projected to grow to $14.4 billion by 20341. RLTs with the appropriate pharmacokinetic profile can achieve efficacy with minimal toxicity; however, attaining the ideal pharmacokinetic characteristics is not trivial. 4BIO’s investment in Actithera highlights the clear need for a more systematic approach to optimizing RLT vectors and exemplifies the Group’s strategy of identifying critical technology gaps, backing innovative solutions, and supporting them in high-growth markets.

    4BIO co-led the oversubscribed round alongside founding investor M Ventures, Hadean Ventures, and Sofinnova Partners with additional participation from Bioqube Ventures, Innovestor’s Life Science Fund, Investinor, Surveyor Capital (a Citadel company), and the second founding investor, Arkin Bio Ventures II.

    Therese Liechtenstein, incoming Board Member and Investment Director at 4BIO Capital, said: “At 4BIO we invest in companies solving technical unmet needs to enable next-generation therapeutics. We are honoured to support Actithera, whose pipeline of molecules addresses key challenges in the nascent radioligand therapies space; a large therapeutic window through high tumour retention and low systemic exposure, applied to a lead programme that has significant pan-tumour therapeutic potential.”

    Dr Andreas Goutopoulous, Founder and CEO of Actithera, added: “We are grateful for 4BIO Capital’s support in this oversubscribed Series A, which is a strong validation of our approach. We set out to bring structure-based and kinetics-driven thinking from small molecule drug design into the world of radiopharmaceuticals. We engineer our radioconjugates for extended retention within tumours, making them ideally suited for longer-lived radionuclides and ultimately delivering more convenient dosing schedules and enhanced efficacy and safety for patients.”

    As part of the Series A financing, Therese Liechtenstein, Investment Director at 4BIO Capital will join the Actithera Board of Directors.

    The financing will support the advancement of Actithera’s lead FAP asset into clinical development in multiple indications, while also enabling the continued development of its proprietary RLT discovery platform and preclinical pipeline.

    The Company’s discovery platform combines rational drug design with radiochemistry to create novel small molecule radioligands that overcome current limitations in radiopharmaceutical development. Its three-pillar platform includes first-in-class covalent targeting strategies, designed to optimize tumour residence time, while ensuring rapid systemic clearance – improving precision, safety, and efficacy. Two additional proprietary approaches further support compound differentiation and improve tumour residence time and selectivity. This platform was validated through Actithera’s work on FAP, a high-value theranostic target known for being difficult to drug with molecules that maintain prolonged tumour residency. These efforts have resulted in a FAP-directed RLT development candidate with best-in-class potential due to its optimal pharmacokinetic profile and tumour specificity.

    Dr Andreas Goutopoulos, founder and CEO, brings over 25 years of pharmaceutical and biotech industry experience, including a track record of more than a dozen development candidates. His background includes over a decade of discovery leadership at EMD Serono, where he led medicinal chemistry. In his role as Entrepreneur-in-Residence (EIR) at M Ventures, he led the scientific efforts of and supported a number of oncology small molecule biotechs. At Actithera, he is pioneering a chemistry-driven, precision approach to RLTs by integrating novel covalent-targeting chemistries, rational drug design principles and an isotope-agnostic philosophy.

    – End –

    Contacts

    4BIO Capital +44 (0) 203 427 5500
    info@4biocapital.com
       
    ICR Healthcare
    Amber Fennell, Jonathan Edwards, Kris Lam
    +44 (0)20 3709 5700
    4biocapital@icrhealthcare.com

    About 4BIO Capital
    4BIO Capital (“4BIO”) is an international venture capital firm focused on investing in advanced therapies and emerging modalities, to unlock the treatments of the future. 4BIO’s mission is to invest in, support, and grow early-stage companies solving technical bottlenecks that enable next generation therapeutics in areas of high unmet medical need, with the ultimate goal of ensuring access to these potentially transformative therapies for all patients. The 4BIO team comprises leading advanced therapy scientists and experienced life science investors with an unrivalled network within the advanced therapy sector and a unique understanding of the criteria that define a successful investment opportunity in this space. For more information, connect with us on LinkedIn and Twitter @4biocapital and visit www.4biocapital.com.

    About Actithera
    Actithera is a radiopharmaceutical biotech company translating medicinal chemistry insights into next-generation radioligand therapies (RLTs). Founded in 2021 by drug discovery innovator Dr. Andreas Goutopoulos, and seed investors M Ventures, and Arkin Bio-Holdings, Actithera applies various molecular design strategies, including covalent-targeting and an isotope-agnostic philosophy to invent RLTs with significant differentiation and larger therapeutic windows. Headquartered in Oslo, Norway, and Cambridge, Massachusetts, Actithera is committed to advancing a differentiated pipeline addressing critical unmet needs in oncology. Learn more at www.actithera.com and on LinkedIn.


    1 https://www.precedenceresearch.com/radiopharmaceuticals-market

    The MIL Network

  • New deadlines for fuel ban on end-of-life vehicles in Delhi-NCR

    Source: Government of India

    Source: Government of India (4)

    The Commission for Air Quality Management (CAQM) on Tuesday extended the deadline for enforcement of its direction to deny fuel to End-of-Life (EoL) vehicles in Delhi-NCR. The decision was taken during the Commission’s 24th meeting, following concerns raised by the Delhi Government (GNCTD) regarding technological and operational challenges in its implementation.

    As per the amended clause of Statutory Direction No. 89, fuelling will be denied to EoL vehicles identified through Automated Number Plate Recognition (ANPR) systems or other mechanisms from November 1, 2025, in Delhi and five high vehicle density districts of NCR – Gurugram, Faridabad, Ghaziabad, Gautam Budh Nagar, and Sonipat. The directive will come into force across the rest of the NCR from April 1, 2026.

    GNCTD, in communications dated July 3 and July 7, 2025, flagged key issues, including incomplete integration of the ANPR system with neighbouring state databases, technical glitches, and enforcement difficulties. The state also raised legal concerns about geographic inconsistency under the Motor Vehicles Act, 1988, and highlighted potential hardships for vehicle owners.

    CAQM acknowledged these concerns and emphasized the need for a uniform enforcement timeline to prevent loopholes. The communications highlighted the lack of integration between the system and vehicle databases of neighbouring states, warning that this could lead to ‘fuel tourism’ and the emergence of an illegal cross-border fuel market, as vehicles denied fuel in Delhi may cross state borders to refuel.

    Authorities were also reminded that EoL vehicles, once deregistered, are illegal for road use in Delhi-NCR and must be impounded when identified.

    The Transport Departments of Delhi and NCR states have been instructed to expedite ANPR system trials, ensure personnel training, and launch awareness campaigns for fuel station operators and the public. Agencies must report progress on EoL vehicle removal to the Commission monthly.

    This amendment provides additional time to resolve implementation gaps while reinforcing the CAQM’s commitment to phasing out polluting vehicles in the region.

  • New deadlines for fuel ban on end-of-life vehicles in Delhi-NCR

    Source: Government of India

    Source: Government of India (4)

    The Commission for Air Quality Management (CAQM) on Tuesday extended the deadline for enforcement of its direction to deny fuel to End-of-Life (EoL) vehicles in Delhi-NCR. The decision was taken during the Commission’s 24th meeting, following concerns raised by the Delhi Government (GNCTD) regarding technological and operational challenges in its implementation.

    As per the amended clause of Statutory Direction No. 89, fuelling will be denied to EoL vehicles identified through Automated Number Plate Recognition (ANPR) systems or other mechanisms from November 1, 2025, in Delhi and five high vehicle density districts of NCR – Gurugram, Faridabad, Ghaziabad, Gautam Budh Nagar, and Sonipat. The directive will come into force across the rest of the NCR from April 1, 2026.

    GNCTD, in communications dated July 3 and July 7, 2025, flagged key issues, including incomplete integration of the ANPR system with neighbouring state databases, technical glitches, and enforcement difficulties. The state also raised legal concerns about geographic inconsistency under the Motor Vehicles Act, 1988, and highlighted potential hardships for vehicle owners.

    CAQM acknowledged these concerns and emphasized the need for a uniform enforcement timeline to prevent loopholes. The communications highlighted the lack of integration between the system and vehicle databases of neighbouring states, warning that this could lead to ‘fuel tourism’ and the emergence of an illegal cross-border fuel market, as vehicles denied fuel in Delhi may cross state borders to refuel.

    Authorities were also reminded that EoL vehicles, once deregistered, are illegal for road use in Delhi-NCR and must be impounded when identified.

    The Transport Departments of Delhi and NCR states have been instructed to expedite ANPR system trials, ensure personnel training, and launch awareness campaigns for fuel station operators and the public. Agencies must report progress on EoL vehicle removal to the Commission monthly.

    This amendment provides additional time to resolve implementation gaps while reinforcing the CAQM’s commitment to phasing out polluting vehicles in the region.

  • New deadlines for fuel ban on end-of-life vehicles in Delhi-NCR

    Source: Government of India

    Source: Government of India (4)

    The Commission for Air Quality Management (CAQM) on Tuesday extended the deadline for enforcement of its direction to deny fuel to End-of-Life (EoL) vehicles in Delhi-NCR. The decision was taken during the Commission’s 24th meeting, following concerns raised by the Delhi Government (GNCTD) regarding technological and operational challenges in its implementation.

    As per the amended clause of Statutory Direction No. 89, fuelling will be denied to EoL vehicles identified through Automated Number Plate Recognition (ANPR) systems or other mechanisms from November 1, 2025, in Delhi and five high vehicle density districts of NCR – Gurugram, Faridabad, Ghaziabad, Gautam Budh Nagar, and Sonipat. The directive will come into force across the rest of the NCR from April 1, 2026.

    GNCTD, in communications dated July 3 and July 7, 2025, flagged key issues, including incomplete integration of the ANPR system with neighbouring state databases, technical glitches, and enforcement difficulties. The state also raised legal concerns about geographic inconsistency under the Motor Vehicles Act, 1988, and highlighted potential hardships for vehicle owners.

    CAQM acknowledged these concerns and emphasized the need for a uniform enforcement timeline to prevent loopholes. The communications highlighted the lack of integration between the system and vehicle databases of neighbouring states, warning that this could lead to ‘fuel tourism’ and the emergence of an illegal cross-border fuel market, as vehicles denied fuel in Delhi may cross state borders to refuel.

    Authorities were also reminded that EoL vehicles, once deregistered, are illegal for road use in Delhi-NCR and must be impounded when identified.

    The Transport Departments of Delhi and NCR states have been instructed to expedite ANPR system trials, ensure personnel training, and launch awareness campaigns for fuel station operators and the public. Agencies must report progress on EoL vehicle removal to the Commission monthly.

    This amendment provides additional time to resolve implementation gaps while reinforcing the CAQM’s commitment to phasing out polluting vehicles in the region.

  • ICC issues arrest warrants for Taliban leaders over persecution of women

    Source: Government of India

    Source: Government of India (4)

    The International Criminal Court (ICC) on Tuesday issued arrest warrants for two Taliban leaders in Afghanistan including supreme spiritual leader Haibatullah Akhundzada, accusing them of the persecution of women and girls.

    The ICC said there were reasonable grounds to believe that Akhundzada and Abdul Hakim Haqqani, chief justice of the Taliban, had committed the crime against humanity of persecution on gender grounds against girls, women and other persons non-conforming with the Taliban’s policy on gender, gender identity or expression.

    Since the Islamist Taliban returned to power in 2021 it has clamped down on women’s rights, including limits to schooling, work and general independence in daily life.

    The Taliban condemned the warrants as an example of hostility towards Islam.

    “We neither recognise anything by the name of an international court nor do we consider ourselves bound by it,” the Taliban government’s spokesman, Zabihullah Mujahid, added in a statement.

    It is the first time judges of the ICC have issued a warrant on charges of gender persecution.

    “While the Taliban have imposed certain rules and prohibitions on the population as a whole, they have specifically targeted girls and women by reason of their gender, depriving them of fundamental rights and freedoms,” the court said.

    The full warrants and details on the specific incidents they are based on remain under seal to protect witnesses and victims, the court said.

    NGOs hailed the warrants and called on the international community to back the ICC’s work.

    “The international community should fully back the ICC in its critical work in Afghanistan and globally, including through concerted efforts to enforce the court’s warrants,” Human Rights Watch International Justice director Liz Evenson, said in a statement.

    The ICC has been under increased criticism from non-member states such as the United States, Israel and Russia.

    Last year the court issued an arrest warrant for Israeli Prime Minister Benjamin Netanyahu for alleged war crimes and crimes against humanity during the Gaza conflict. The ICC also issued an arrest warrant for Russian President Vladimir Putin in 2023 on suspicion of deporting children from Ukraine.

    Neither Russia nor Israel is a member of the court and both deny the accusations and reject ICC jurisdiction.

    Last month the United States imposed sanctions on four ICC judges including two who were involved in a ruling that allowed prosecutors to open a formal investigation into war crimes and crimes against humanity in Afghanistan, including alleged crimes committed by American troops.

    The ICC said it was an attempt to undermine the independence of an international judicial institution that provides hope and justice to millions of victims.

    (Reuters)

  • National Fish Farmers Day 2025 to be celebrated in Bhubaneswar with launch of key fisheries initiatives

    Source: Government of India

    Source: Government of India (4)

    The Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D), will celebrate National Fish Farmers Day 2025 on 10 July at the ICAR-Central Institute of Freshwater Aquaculture (CIFA) in Bhubaneswar.

    The occasion will be marked by the presence of Union Minister Rajiv Ranjan Singh, who also heads the Ministry of Panchayati Raj, along with Minister of State Prof. S.P. Singh Baghel and Minister of State George Kurian. Joining them will be Odisha’s Minister for Fisheries, Shri Gokulananda Mallick, to honour and support the contributions of fish farmers to the nation’s aquaculture and rural economy.

    National Fish Farmers Day is observed each year to honour the significant contributions of fish farmers, who play a crucial role in ensuring India’s food security, generating rural employment, and supporting the growth of a sustainable aquaculture sector. The day also pays tribute to the pioneering efforts of Professor Dr. Hiralal Chaudhury and Dr. K. H. Alikunhi, who, on this day in 1957, successfully demonstrated induced breeding in Indian Major Carps through the hypophysation technique—an innovation that revolutionized inland aquaculture in India.

    The celebration serves as a vital platform to recognize the contributions of fish farmers, entrepreneurs, and fishermen to the country’s fisheries sector. It encourages dialogue on sustainable fisheries management and the adoption of modern aquaculture techniques. Fish farmers have played a transformative role in advancing fish productivity, conserving aquatic resources, and meeting the growing demand for fish-based protein across the nation.

    The fisheries sector in India has seen remarkable progress in recent years. Since 2015, the Government of India has invested over ₹38,500 crore in the sector. As a result, national fish production has witnessed an impressive 104% increase, rising from 95.79 lakh tonnes in FY 2013-14 to 195 lakh tonnes in FY 2024-25. Inland fisheries and aquaculture alone have experienced 140% growth, underscoring the potential of India’s water resources and the impact of focused policy initiatives.

    India’s seafood exports have also seen tremendous success, crossing ₹60,500 crore mark and reaffirming the country’s global leadership in shrimp exports. Shrimp production has surged by 270% over the past decade, creating extensive employment opportunities and empowering fishing communities across the country.

    As part of the National Fish Farmers Day celebrations, the Hon’ble Union Minister will launch several key initiatives aimed at furthering the sector’s development. These include the announcement of new Fisheries Clusters, release of the ICAR training calendar, and the unveiling of guidelines on seed certification and hatchery operations to ensure quality control, standardization, and capacity building. Fisheries beneficiaries, including traditional fishers, cooperatives and Fish Farmers Producer Organizations (FFPOs), Kisan Credit Card holders, and emerging fisheries start-ups, will be felicitated during the event.

    In addition, virtual foundation stones will be laid and several PMMSY-supported fisheries projects will be inaugurated, reflecting the government’s commitment to infrastructure development, entrepreneurship, and inclusive growth in the sector. The Union Minister is also scheduled to deliver a keynote address, outlining sectoral progress and discussing new opportunities, best practices, and innovations in Indian fisheries.

  • National Fish Farmers Day 2025 to be celebrated in Bhubaneswar with launch of key fisheries initiatives

    Source: Government of India

    Source: Government of India (4)

    The Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D), will celebrate National Fish Farmers Day 2025 on 10 July at the ICAR-Central Institute of Freshwater Aquaculture (CIFA) in Bhubaneswar.

    The occasion will be marked by the presence of Union Minister Rajiv Ranjan Singh, who also heads the Ministry of Panchayati Raj, along with Minister of State Prof. S.P. Singh Baghel and Minister of State George Kurian. Joining them will be Odisha’s Minister for Fisheries, Shri Gokulananda Mallick, to honour and support the contributions of fish farmers to the nation’s aquaculture and rural economy.

    National Fish Farmers Day is observed each year to honour the significant contributions of fish farmers, who play a crucial role in ensuring India’s food security, generating rural employment, and supporting the growth of a sustainable aquaculture sector. The day also pays tribute to the pioneering efforts of Professor Dr. Hiralal Chaudhury and Dr. K. H. Alikunhi, who, on this day in 1957, successfully demonstrated induced breeding in Indian Major Carps through the hypophysation technique—an innovation that revolutionized inland aquaculture in India.

    The celebration serves as a vital platform to recognize the contributions of fish farmers, entrepreneurs, and fishermen to the country’s fisheries sector. It encourages dialogue on sustainable fisheries management and the adoption of modern aquaculture techniques. Fish farmers have played a transformative role in advancing fish productivity, conserving aquatic resources, and meeting the growing demand for fish-based protein across the nation.

    The fisheries sector in India has seen remarkable progress in recent years. Since 2015, the Government of India has invested over ₹38,500 crore in the sector. As a result, national fish production has witnessed an impressive 104% increase, rising from 95.79 lakh tonnes in FY 2013-14 to 195 lakh tonnes in FY 2024-25. Inland fisheries and aquaculture alone have experienced 140% growth, underscoring the potential of India’s water resources and the impact of focused policy initiatives.

    India’s seafood exports have also seen tremendous success, crossing ₹60,500 crore mark and reaffirming the country’s global leadership in shrimp exports. Shrimp production has surged by 270% over the past decade, creating extensive employment opportunities and empowering fishing communities across the country.

    As part of the National Fish Farmers Day celebrations, the Hon’ble Union Minister will launch several key initiatives aimed at furthering the sector’s development. These include the announcement of new Fisheries Clusters, release of the ICAR training calendar, and the unveiling of guidelines on seed certification and hatchery operations to ensure quality control, standardization, and capacity building. Fisheries beneficiaries, including traditional fishers, cooperatives and Fish Farmers Producer Organizations (FFPOs), Kisan Credit Card holders, and emerging fisheries start-ups, will be felicitated during the event.

    In addition, virtual foundation stones will be laid and several PMMSY-supported fisheries projects will be inaugurated, reflecting the government’s commitment to infrastructure development, entrepreneurship, and inclusive growth in the sector. The Union Minister is also scheduled to deliver a keynote address, outlining sectoral progress and discussing new opportunities, best practices, and innovations in Indian fisheries.