NewzIntel.com

Category: Machine Learning

  • MIL-OSI China: Tencent’s revenue up 8% in 2024

    Source: China State Council Information Office 3

    People watch a robot demonstration at the booth of Intel during the Tencent Global Digital Ecosystem Summit in Shenzhen, south China’s Guangdong Province on Sept. 5, 2024. [Photo/Xinhua]

    Chinese internet giant Tencent’s revenue for 2024 increased 8 percent year on year to reach 660.3 billion yuan (about 92.02 billion U.S. dollars), according to its financial results released on Wednesday.

    Tencent’s gross profit and operating profit also increased by 19 percent and 24 percent last year, respectively.

    In the fourth quarter alone, the company’s revenue increased 11 percent year on year to 172.45 billion yuan, while operating profit surged 21 percent to 59.48 billion yuan.

    AI technology played a crucial role in driving business innovation and fueling high-quality growth throughout the year, according to the financial report.

    Meanwhile, Tencent Video’s paid memberships continued to expand, reaching 113 million in 2024, while its music annual subscription revenue climbed to 15.23 billion yuan, up 25.9 percent year on year.

    MIL OSI China News –

  • MIL-OSI China: 2025 Appliance & Electronics World Expo kicks off in Shanghai

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

    2025 Appliance & Electronics World Expo kicks off in Shanghai

    Updated: March 21, 2025 09:11 Xinhua
    A visitor experiences a gaming cockpit equipped with a curved monitor during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. With the theme of “AI For All”, the AWE2025 kicked off here on Thursday. More than a thousand enterprises from all over the world gathered at the expo to showcase their latest innovations. [Photo/Xinhua]
    Visitors interact with an intelligent robot during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. [Photo/Xinhua]
    A staff member introduces air conditioners to a visitor during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. [Photo/Xinhua]
    A staff member introduces a data storage device to a visitor during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. [Photo/Xinhua]
    A visitor (2nd R) tests her blood pressure with a smartwatch during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. [Photo/Xinhua]
    A staff member introduces AI residential solutions to visitors during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. [Photo/Xinhua]
    A virtual hostess is seen during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. [Photo/Xinhua]
    A visitor learns about a smart induction cooker during the 2025 Appliance & Electronics World Expo (AWE2025) in east China’s Shanghai, March 20, 2025. [Photo/Xinhua]

    MIL OSI China News –

  • MIL-OSI China: Chinese satellites to enhance global early warning systems

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

    China will launch three Fengyun geostationary meteorological satellites over the next two years to enhance global early warning systems, supporting the United Nations’ Early Warnings for All initiative and helping billions fight climate change, a senior official said.

    Chen Zhenlin, head of the China Meteorological Administration, said the satellites — one optical over the Indian Ocean, and one optical and one microwave over the western Pacific Ocean — are in their final phases of integration testing and are scheduled for launch between 2025 and 2026.

    The deployment of these satellites will bring groundbreaking development to global early warning systems, Chen told China Daily in an exclusive interview ahead of World Meteorological Day, which falls on Sunday and is themed “Closing the Early Warning Gap Together”.

    “Their high-frequency monitoring capabilities will allow these satellites to take advantage of the window for disaster prevention,” Chen said.

    The Indian Ocean and the western Pacific regions are vulnerable to extreme weather events, including typhoons and torrential rainfall. Real-time monitoring by the Fengyun satellites will enable early detection of disaster precursors, buying crucial response time.

    The microwave satellite, which is capable of penetrating cloud cover, will provide precise analysis of typhoon structures, improving the accuracy of their path and intensity forecasts. “This will give nations across Asia and the Pacific advance warnings ranging from hours to days,” Chen said.

    The optical satellites are capable of detecting heat waves and smoke from wildfires, while the microwave satellite can monitor changes in atmospheric moisture, helping in flood prediction. Together, they can track drought trends in Africa and conduct 3D observations of severe rainstorms in Southeast Asia, supporting climate resilience in countries involved in the Belt and Road Initiative.

    Each of the optical satellites features a rapid scanning mode, providing minute-specific data for high-risk areas. “For instance, Pacific island nations will be able to predict the landfall of a severe cyclone 72 hours in advance,” Chen said.

    In line with global efforts to strengthen climate adaptation, China unveiled its Action Plan on Early Warning for Climate Change Adaptation (2025-27) during the COP29 UN climate conference in Baku, Azerbaijan, in November.

    The action plan focuses on sharing China’s expertise and technological prowess with developing economies to enhance disaster preparedness, minimize economic losses and reduce casualties from extreme weather events.

    Under the plan, China will provide and co-develop cloud-based early warning systems, alongside capacity-building programs, Chen said, adding that a key feature is integrating satellite data, global numerical forecasting and AI-powered meteorological models to improve prediction accuracy and accessibility.

    Multi-hazard monitoring will extend across meteorology, hydrology and marine fields, providing digital tools and interactive platforms to developing economies to close the technological gap.

    “A cloud-based early warning system has already been deployed in Pakistan, the Solomon Islands and several other countries involved in the BRI, significantly enhancing their ability to respond to climate threats,” Chen said.

    The action plan also prioritizes the development of local expertise.

    China will train 2,000 specialists, offer 100 scholarships and provide 50 visiting scholar positions over the next two years to help partner nations build independent meteorological and disaster response teams.

    The plan was well received when it was unveiled last year, Chen noted.

    Selwin Hart, special adviser to the UN secretary-general on climate action, called it the first national action plan directly supporting the UN’s Early Warnings for All initiative, which was launched by UN Secretary-General Antonio Guterres in March 2022. The initiative called for every person on Earth to be protected by early warning systems by 2027.

    Celeste Saulo, secretary-general of the World Meteorological Organization, highlighted the critical role of China’s upcoming satellite launch in advancing global early warning capabilities.

    Chen, from the China Meteorological Administration, said the country plans to expand cloud-based early warning platforms, with a focus on supporting African nations in building meteorological early warning systems. AI models and numerical forecasting technology will improve the accuracy of global meteorological disaster predictions, he said.

    China will establish data service hubs in high-risk regions such as Africa, ASEAN countries and South Asia, aiming to bolster African drought and flood responses through cross-border meteorological disaster coordination.

    “China is exploring trilateral cooperation with developed economies, including the United States and European nations, to expand the reach of early warning services,” Chen said.

    The country will continue implementing capacity-building programs for developing economies, including setting up joint laboratories and fostering international research collaborations to equip vulnerable countries with technical expertise, he added.

    Beyond meteorology, China seeks to integrate early warning systems with UN sustainable development goals, using climate data to enhance food security in Africa and improve urban infrastructure resilience worldwide.

    “The combination of Chinese technology and international cooperation will directly benefit billions of people, making a tangible contribution to global climate resilience,” Chen said.

    MIL OSI China News –

  • MIL-OSI: UPDATE – Practice AI Announces Strategic Partnership with Legal Soft, Virtual Staffing, MedVirtual, etc. to Expand AI-Driven Legal and Medical Solutions

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, March 20, 2025 (GLOBE NEWSWIRE) — Practice AI, a leading provider of AI-powered solutions for legal and medical professionals, is proud to announce a strategic partnership with the following entities: Legal Soft, Virtual Staffing, MedVirtual, Berry Virtual, Practice 360, Fast Demands, and Lien Networks. This collaboration aims to maximize outreach and deliver comprehensive solutions that integrate AI-driven efficiency with expert virtual staffing and business development services.

    By joining forces with these innovative companies, Practice AI enhances its ability to provide legal and medical professionals with a seamless blend of AI technology and human expertise. This partnership ensures that firms can optimize their workflows, increase productivity, and focus on delivering exceptional service to their clients.

    Strengthening the Legal and Medical Industries with AI and Virtual Support

    The partnership between Practice AI, Legal Soft, Virtual Staffing, and other entities offers a holistic approach to business efficiency. Legal and medical professionals can now leverage AI tools alongside skilled virtual specialists to streamline their operations.

    • Legal Soft provides tailored growth solutions for law firms, including trained virtual staff, custom websites, and dynamic social media strategies.
    • Virtual Staffing delivers comprehensive virtual assistant services specifically designed for legal professionals, ensuring seamless administrative support.
    • MedVirtual specializes in virtual medical staffing solutions, allowing healthcare professionals to optimize patient care and office management.
    • Berry Virtual extends virtual staffing solutions to a wide range of businesses, enhancing operational efficiency across industries.
    • Practice 360 offers specialized business development, marketing, and operations strategies tailored for law firms.
    • Fast Demands streamlines the demand letter creation process using AI, enabling legal professionals to generate high-quality personal injury demand letters in minutes.
    • Lien Networks connects doctors and attorneys through a nationwide lien network and referral solution, simplifying medical-legal collaborations.

    A Powerful Combination: AI, Virtual Expertise, and Business Growth Solutions

    In today’s fast-paced business environment, industries across the board—including legal, medical, and beyond—face increasing demands for efficiency, accuracy, and cost-effective solutions. This partnership addresses these challenges by integrating AI-driven automation, expert virtual staffing, holistic online presence strategies, and business development solutions into a seamless ecosystem.

    Businesses of all sizes can now benefit from:

    • AI-Powered Efficiency – Automate repetitive tasks, streamline document generation, and enhance decision-making with cutting-edge artificial intelligence.
    • Expert Virtual Staffing – Reduce administrative burdens and increase productivity by leveraging trained virtual professionals for legal, medical, and general business operations.
    • Comprehensive Digital Growth Strategies – Strengthen online presence through customized websites, social media management, and targeted marketing to attract and retain clients.
    • Scalable Business Support – Access specialized business growth solutions, operational strategies, and data-driven insights to optimize workflow and maximize success.

    “We are excited to collaborate with Legal Soft, Virtual Staffing, Medvirtual, and other companies to deliver a more robust suite of solutions for professionals across various industries,” said Hamid Kohan, CEO of Legal Soft and Practice AI. “By combining the power of AI with top-tier virtual staffing, digital marketing, and business development services, we empower organizations to operate at peak efficiency while maintaining the highest standards of service and client engagement.”

    Unlock the Future of Efficiency

    Practice AI and its partners invite law firms, medical professionals, and businesses to explore the benefits of AI-driven solutions paired with expert virtual staffing and holistic online presence strategies. By integrating AI-powered automation with specialized business solutions, organizations can reduce operational bottlenecks, improve client service, and optimize workflows without increasing overhead.

    Whether it’s automating demand letter generation for legal teams, enhancing medical record processing, or strengthening digital marketing efforts, this partnership equips professionals with the tools they need to work smarter and more efficiently.

    Beyond efficiency, this strategic collaboration enables businesses to remain competitive in an evolving digital landscape. With expert support in virtual staffing, data-driven decision-making, and AI-powered legal and medical tools, professionals can scale their operations while maintaining accuracy and compliance. Embracing these innovations not only improves day-to-day productivity but also fosters long-term growth and success.

    For more information about Practice AI and its partners, visit Practice AI or contact us below.

    For media inquiries, please contact:
    Practice AI
    Address: 21731 Ventura Blvd. #175, Woodland Hills, CA 91364
    Phone: (424) 476-5858
    Email: sales@mylawfirm.ai

    Visit us on social media:
    Facebook | Instagram | LinkedIn | YouTube | X.com

    The MIL Network –

  • MIL-OSI Banking: Survey: Global Consumers Prioritize Personalization and Security in AI Home Appliances

    Source: Samsung

    What do people expect from their home appliances?
     
    According to an online survey by Samsung Electronics, consumers worldwide seek personalized AI-powered home solutions that streamline household chores with minimal time and effort.
     
    From May 23 to 28, 2024, Samsung conducted an independent online survey with 1,880 participants aged 20 to 59 across South Korea, the United Kingdom and the United States. The multiple-response survey targeted primary home appliance users and key purchasing decision-makers, gathering insights into perceptions of AI and the outlook for AI home appliances.
     
    When asked about the expected role of AI in the home, respondents frequently mentioned “help / helpful / assist” (379 responses), “cleaning” (259), “cooking” (181), “automatic” (178) and “easy / easier” (144).
     
    Expectations for AI within Households

     
    Moreover, some respondents highlighted security and safety as key expectations — anticipating that AI home appliances will not only reduce household burdens based on individual needs but also manage home safety.
     
    Samsung Newsroom examines how the company continues to refine its AI Home experience by leveraging AI and connectivity to help consumers effortlessly manage daily tasks while ensuring robust security.
     
     
    An Intuitive and Connected AI Home Experience
    The survey revealed a strong demand for simple, intuitive controls in home appliances.
     
    When asked about AI interaction preferences, respondents most frequently mentioned “voice / tell / talk” (203 responses) — followed by “help / helpful / assist” (175), “convenient / comfort” (155) and “control” (128).
     
    Expectations for AI Interactions in Home Appliances

     
    Samsung’s AI home appliances maximize ease of use through the advanced AI-powered Bixby voice assistant and seamless device connectivity via built-in screens. With Bixby’s ability to analyze context, understand intent and remember conversations, users can easily control their appliances.
     
    This year, Bixby has been integrated into the Bespoke AI Dishwasher1 for the first time. Additionally, the 2025 Bespoke AI Hybrid Refrigerator with AI Family Hub+ and the latest washers and dryers will feature voice recognition to provide personalized information tailored to each family member.2
     
    These innovative screen-equipped appliances offer effortless control and seamless access to information.
     
    ▲ Samsung Electronics is bringing AI to life through its ‘Screens Everywhere’ vision.
     
    The Bespoke AI Hybrid Refrigerator with Kitchen Fit,3 featuring a 9-inch AI Home screen, displays a Daily Board that summarizes personalized information such as weather forecasts, daily schedules and meal recommendations.
     
    Meanwhile, the 7-inch AI Home screen on the 2025 Bespoke AI Laundry Combo4 serves as a built-in hub — allowing users to manage SmartThings-connected home appliances and IoT devices without a separate hub.5

     

    AI Home Appliances Must Do More With Less
    Many respondents expressed strong interest in conserving resources. When asked about the most relevant AI-driven experiences, “minimizing resource usage” ranked highly among respondents in the U.S. (67%), U.K. (59%) and South Korea (49%).6
     
    Samsung’s latest AI home appliances enhance performance and energy efficiency by combining advanced hardware, AI and SmartThings.
     
    The new Bespoke AI Laundry Combo reduces drying time by approximately 20 minutes compared to its predecessor, completing a wash and dry cycle in just 79 minutes7 using Super Speed cycle. Meanwhile, the Bespoke AI Hybrid Refrigerator optimizes cooling efficiency and energy savings by using a compressor and Peltier module8 to deliver rapid cooling while maximizing energy efficiency.
     
     

    Enhancing Home Security and Safety With AI
    Respondents expect AI-driven security features to protect their homes and ensure their families’ safety. “Security / safe” was frequently mentioned as a key factor in interactions with AI home appliances.
     
    To address these concerns, Samsung equips all its smart appliances with the proprietary Samsung Knox9 security solution to safeguard user data from external threats such as malware.
     
    ▲ Jong-Hee (JH) Han, Vice Chairman, CEO and Head of Device eXperience (DX) Division at Samsung Electronics, describes Samsung Knox.
     
    This year, the company is expanding Knox Matrix10 — its blockchain-based security system that enables connected appliances to monitor each other’s security status — to appliances with 7- and 9-inch screens as well as the latest robot vacuum cleaner.
     
    The Knox Matrix Dashboard will be introduced to Samsung’s 2025 home appliance lineup,11 allowing users to monitor the security status of all connected devices and receive alerts for potential security issues.
     
    Furthermore, Samsung is integrating Knox Vault into its screen-equipped home appliances and robot vacuum cleaners this year.12 This system securely stores sensitive user data — such as passwords and biometric information — on a dedicated hardware security chip, protecting against data breaches and hacking attempts while reinforcing security.
     
    Passkey will be introduced to screen-equipped home appliances that support browsers, helping users replace traditional passwords with biometric authentication — such as fingerprint or facial recognition — via their smartphones for more secure and convenient logins.13
     
    “As global interest in AI continues to grow, more consumers expect enhanced experiences through AI-powered home appliances,” said Bona Lee, Vice President and Head of Customer eXperience (CX) Insight Group of Digital Appliances (DA) Business at Samsung Electronics. “We will continue researching consumer needs and delivering innovative Bespoke AI experiences so that consumers can enjoy convenient and safe daily lives.”
     
    Samsung will unveil its 2025 Bespoke AI product lineup at the “Welcome to Bespoke AI” event on March 26.
     

     
    1 The launch timeline, model, available features may vary by country.2 Scheduled for release in the first half of 2025 via Smart Forward. With Bixby voice recognition, Family Hub syncs with the linked Samsung account to provide access to schedules, phone location services, photos and more. The Calendar app supports integration with Google and Microsoft. Bixby’s voice recognition feature will be available on screen-equipped appliances running Tizen OS but will not be supported on the washer and dryer models with 4.3-inch screen running Tizen Lite OS.3 The launch timeline, model, available features may vary by country.4 The launch timeline, model, available features may vary by country.5 Supports Wi-Fi, Zigbee, Matter and Thread.6 The personal relevance metric is divided into seven categories, with the top two aggregated for analysis.7 According to the DOE standard test fabric with a composition of 50% cotton and 50% polyester, the quick course may vary depending on the type of clothing, moisture content, characteristics, and washing volume in real use environments.8 The Peltier module operates under one of the following conditions:
    – When the temperature in the fridge rises above the normal range.
    – When AI analyzes the user’s refrigerator usage patterns, predicts the temperature after a certain period and detects situations like large-scale stocking or cleaning.9 Samsung Knox has been integrated into Samsung smart appliances released since 2018.10 As of February 2025, Knox Matrix Credential Sync has been implemented into the 2024 Bespoke AI Hybrid Refrigerator with AI Family Hub+.11 2025 Bespoke AI Hybrid Refrigerator with AI Family Hub+ and appliances equipped with 7- and 9-inch screens.12 2025 Bespoke AI Hybrid Refrigerator with AI Family Hub+ and appliances equipped with 7- and 9-inch screens.13 Supports Passkey authentication for websites using the FIDO (Fast Identity Online) international standard.

    MIL OSI Global Banks –

  • MIL-OSI Banking: [Interview] Fostering Creativity: How Samsung Helps Advance the Vision of Collaboration at Art Basel Hong Kong

    Source: Samsung

    “Technology has transformed the way people engage with art, making it more accessible through platforms like Samsung Art Store.”
     
    Angelle Siyang-Le, Director of Art Basel Hong Kong, is a seasoned art professional with a deep understanding of the Asian and global art markets. For over a decade, she has been instrumental in shaping and defining the fair’s vision by fostering connections with galleries, collectors, institutions and the broader arts ecosystem.
     
    Since her appointment as director in 2022, Art Basel Hong Kong has continued to evolve and grow — reflecting the vibrant art scene in Hong Kong and the Asia-Pacific region at large. Her passion for building community has been a driving force throughout her career in the arts, aligning perfectly with Art Basel’s mission to bring people together through meaningful and inspiring art experiences.
     
    Samsung Newsroom sat down with Siyang-Le to explore how Art Basel Hong Kong fosters creativity and collaboration through technology.
     
    ▲ Angelle Siyang-Le, Director of Art Basel Hong Kong (Image courtesy of Art Basel)
     
     
    Vision and Future of Art Basel Hong Kong
    Q: What is the vision behind Art Basel Hong Kong?
     
    Art Basel is dedicated to connecting and nurturing the global art ecosystem. Art Basel Hong Kong places a strong emphasis on the Asia-Pacific region, with over 50% of participating galleries coming from this area. We actively support the local art scene through collaborations with various institutions and cultural organizations.
     
    Each of our shows — in Hong Kong, Basel, Paris and Miami Beach — is uniquely shaped by its host city, an influence reflected in the gallery lineup, artwork and parallel programming developed in collaboration with local institutions.
     
     
    Q: What role does Hong Kong play in the Asian art market?
     
    Hong Kong serves as a pivotal gateway to the broader Asian art market. With its established auction houses, vibrant gallery scene and international collector base, the city remains a key hub for both Western and Asian art. As Asia’s leading art hub, Hong Kong continues to bridge art communities across the region and beyond.
     
     
    Q: How has Art Basel Hong Kong evolved over the years?
     
    Our fair has evolved alongside Hong Kong’s vibrant art scene, with both continuously inspiring and impacting each other. The city’s cultural landscape has expanded significantly during my time here — invigorated by a new generation of collectors, the opening of world-class institutions like M+ and the Hong Kong Palace Museum and a dynamic surge of commercial, non-profit and artist-run spaces. Internally, we have introduced numerous initiatives and programs as well. I am proud that Art Basel Hong Kong has become a cornerstone of the city’s arts community, with widespread recognition of the fair’s presence this month.
     
    ▲ Art Basel Hong Kong 2024 (Image courtesy of Art Basel)
     
     
    Samsung x Art Basel: Redefining Art Appreciation
    Q: As the official visual display partner for Art Basel, how is Samsung Electronics driving the integration of art into everyday life through Samsung Art Store?
     
    The global collaboration between Art Basel and Samsung presents an exciting opportunity to merge world-class art exhibitions with cutting-edge innovations. Technology has transformed the way people engage with art, making it more accessible through platforms like Samsung Art Store. Advancements in display technology enable viewers to experience art in new and immersive ways — bringing it into their daily lives and fostering deeper connections.
     
    ▲ The Samsung Art Store is home to 3,000+ works from world-renowned museums, galleries and artists. Subscribers can explore expertly curated masterpieces in stunning 4K resolution. While previously exclusive to The Frame and MICRO LED, the Samsung Art Store will soon be available on 2025 Samsung AI-powered Neo QLED and QLED TVs.
     
     
    Q: How do you see this partnership impacting the way people perceive and appreciate art?
     
    Technology-driven initiatives have the power to expand cultural exchange and inspire audiences worldwide. With The Frame, Samsung has already built strong partnerships with leading museums, institutions and artists — bridging diverse artistic practices and mediums. I believe that growing these collaborations will be crucial to further integrating technology into the art world and redefining how people experience and appreciate art in their homes.
     
     
    Q: What has your experience been like using The Frame in Art Mode?
     
    I had the opportunity to explore The Frame during Samsung’s activation at our Basel and Miami Beach shows last year, and I was truly impressed by how artwork is presented on the screen. I encourage visitors to experience The Frame in Art Mode and observe how various artistic techniques and textures are rendered digitally. While The Frame offers a stunning way to enjoy classic masterpieces, what excites me most is how Samsung Art Store enhances the experience by showcasing emerging artists and fresh artistic perspectives.
     
    ▲ A comparison of The Frame Pro’s TV Mode and Art Mode
     
     
    The Role of Technology in the Evolving Art World
    Q: How is technology influencing the presentation and consumption of contemporary art?
     
    Technology plays a crucial role in expanding the global reach of contemporary art and transforming how we experience and connect with it. Digital platforms have redefined accessibility, while AI and blockchain are revolutionizing how art is created, traded and authenticated. Last year at Art Basel Miami Beach, we introduced an AI-powered mobile app to make exploring the fair more intuitive and engaging. Our use of technology is all about enhancing the visitor experience — offering audiences fresh, innovative ways to discover new artwork, navigate the fair seamlessly and connect with galleries.
     
     
    Q: What changes have you noticed in the art world?
     
    Collector interests are shifting. There is a growing demand for emerging artists and increased recognition of local artists, whose presence in private collections is rising. Additionally, a generational shift is underway as younger collectors take on a more active role in shaping the market.
     
    ▲ “Enduring as the universe (天長地久, 2024)” by Ticko Liu displayed on The Frame Pro
     
     
    Q: What opportunities excite you most about Art Basel Hong Kong’s future?
     
    I’m excited to continue deepening collaborations within Hong Kong’s dynamic arts community and contributing to Asia’s art ecosystem. Strengthening regional and global connections not only enriches the fair but also fosters a broader dialogue around contemporary art. Through meaningful partnerships such as Art Basel’s collaboration with Samsung, we can continue to progress while staying true to our core mission — delivering world-class art fairs for our global community of galleries, artists, partners and collectors.
     
    This year, Art Basel Hong Kong will take place from March 28 to 30 at the Hong Kong Convention and Exhibition Centre. Visitors are invited to explore premier galleries from around the world and discover diverse artistic perspectives through modern and contemporary artwork.

    MIL OSI Global Banks –

  • MIL-OSI: $HAREHOLDER ALERT: The M&A Class Action Firm Urges Stockholders of EBTC, LGTY, TGI, PLYA to Act Now

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) —

    Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • Enterprise Bancorp, Inc. (NASDAQ: EBTC), relating to the proposed merger with Independent Bank Corp. Under the terms of the agreement, shareholders of Enterprise will receive 0.60 shares of Independent, and $2.00 in cash, per share held.

    ACT NOW. The Shareholder Vote is scheduled for April 3, 2025.

    Click here for more https://monteverdelaw.com/case/enterprise-bancorp-inc-ebtc/. It is free and there is no cost or obligation to you.

    • Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY), relating to the proposed merger with Aptean. Under the terms of the agreement, Aptean will acquire all of Logility’s outstanding common stock for $14.30 per share in an all-cash transaction.

    ACT NOW. The Shareholder Vote is scheduled for April 3, 2025.

    Click here for more https://monteverdelaw.com/case/logility-supply-chain-solutions-inc-lgty/. It is free and there is no cost or obligation to you.

    • Triumph Group, Inc. (NYSE: TGI), relating to the proposed merger with Warburg Pincus and Berkshire Partners. Under the terms of the agreement, shareholders of Triumph will receive $26.00 per share in cash.

    ACT NOW. The Shareholder Vote is scheduled for April 16, 2025.

    Click here for more https://monteverdelaw.com/case/triumph-group-inc-tgi/. It is free and there is no cost or obligation to you.

    • Playa Hotels & Resorts N.V. (NASDAQ: PLYA), relating to the proposed merger with Hyatt Hotels Corporation. Under the terms of the agreement, Hyatt will acquire all outstanding shares of Playa for $13.50 per share in cash.

    ACT NOW. The Tender Offer expires on April 25, 2025.

    Click here for more https://monteverdelaw.com/case/playa-hotels-resorts-n-v-plya/ It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI Canada: Government of Canada finalizes investment to support Canadian-Born AI leader, Cohere

    Source: Government of Canada News (2)

    Investment will boost domestic compute capacity to strengthen the Canadian AI ecosystem

    March 20, 2025 – Ottawa, Ontario 

    Today, the Honourable Anita Anand, Minister of Innovation, Science and Industry, announced that the Government of Canada has finalized its investment of up to $240 million in Cohere Inc.’s $725 million project to bring domestic compute capacity to Canada and support the development and scaling of AI capabilities here at home.

    This federal investment will incentivize new cutting-edge AI compute infrastructure with the development of a new multi-billion-dollar AI data centre, located in Canada, that will come online this year. This will enable Cohere to accelerate the commercialization of its large language models at a new domestic data centre, driving growth and allowing Cohere to compete for global market share against other well-funded international competitors. Access to additional domestic compute capacity will support the expansion of other Canadian firms developing AI technologies in this rapidly growing sector.

    Cohere is the first funding recipient of the AI Compute Challenge, announced in December 2024 under the Canadian Sovereign AI Compute Strategy. The AI Compute Challenge supports the Canadian AI ecosystem through increased domestic AI compute capacity. Access to cutting-edge compute infrastructure, we are maintaining Canada’s leadership in AI, empowering researchers and industries to thrive.

    MIL OSI Canada News –

  • MIL-OSI Canada: Canada and Quebec Invest in Sustainable Wood Construction

    Source: Government of Canada News (2)

    March, 20, 2025
    Ottawa, Ontario
    Natural Resources Canada

    Today, the Honourable Steven Guilbeault, Minister of Canadian Culture and Identity, Parks Canada and Quebec Lieutenant, along with the Minister of Natural Resources and Forests of Quebec, Maïté Blanchette Vézina, announced a joint contribution of over $8.5 million for four projects that will promote green construction in Quebec, including the use of low-carbon Canadian wood to accelerate new building projects. The Government of Canada is investing more than $4.7 million, while the Government of Quebec is contributing $3.83 million.

    The funding announced today includes:

    • $1 million for Les Chantiers Chibougamau Ltée from Natural Resources Canada’s (NRCan) Green Construction through Wood (GCWood) program and $1.33 million from the Programme d’innovation en construction bois of Quebec’s Ministry of Natural Resources and Forests. The project will:

    o       Develop a four-storey, 20-unit residential mass timber building using prefabrication and modular construction techniques.

    o    Demonstrate how we can deliver affordable housing using innovative wood-based products and technologies, including in remote communities and regions.

    • An additional $2 million for Les Chantiers Chibougamau Ltée from NRCan’s Investments in Forest Industry Transformation (IFIT) program and $2.5 million from the Programme Innovation Bois of Quebec’s Ministry of Natural Resources and Forests. This project will:

    o    Modernize production processes of finger-jointed lumber, glue-laminated, I-joists and cross-laminated timber through the innovative use of artificial intelligence.

    o    Support a strong Canadian supply of value-added advanced wood construction products.

    • $500,000 for Samcon Stanley Properties from NRCan’s Green Construction through Wood (GCWood) program. This project will:

    o    Develop the design for a 21-storey multi-unit residential building built from mass timber.

    o    Provide crucial data and insights into the feasibility of taller mass timber structures.

    • $1.2 million for the Cree First Nation of Waswanipi from NRCan’s Green Construction through Wood (GCWood) program. This project will:

    o    Build a two-storey low-rise community building with wood building technology.

    o    Ensure that the building’s shape and design preserve the historical culture of the Cree First Nation. 

    Through these investments, the Government of Canada and the Government of Quebec are further accelerating the adoption of cutting-edge residential construction technologies to drive down costs and help the industry access the made-in-Canada products it needs to build more homes for Canadians.

    MIL OSI Canada News –

  • MIL-OSI Asia-Pac: India’s MSMEs in IT sector to play a key role in achieving ambitious $450 billion services export target: Shri Piyush Goyal

    Source: Government of India

    Posted On: 20 MAR 2025 9:02PM by PIB Delhi

    Recognizing the rapid growth of MSMEs in IT, tourism, business accounting, and financial services, Union Minister of Commerce & Industry, Shri Piyush Goyal, emphasized the sector’s key role in driving services exports and creating jobs. He said this while speaking at the Global Confluence 2025 organized by Nasscom in New Delhi today.

    Shri Goyal expressed confidence that the IT sector can achieve an ambitious $450 billion services export target in the next financial year. He underscored the critical role of the IT and IT-enabled services (ITES) sector in India’s economic growth. He noted that the services sector exports reached approximately $340 billion last year, with IT and ITES contributing nearly $200 billion. This year, services exports are expected to reach between $380 billion and $385 billion, further solidifying India’s global presence.

    Shri Goyal highlighted the importance of innovation and adaptability in maintaining India’s competitive edge. He praised Nasscom for fostering a culture of continuous learning, stating that the IT sector has consistently remained ahead of the curve by embracing new technologies such as quantum computing, artificial intelligence, and machine learning.

    He also stressed the need to attract Global Capability Centers (GCCs) to India, leveraging the country’s vast talent pool. Encouraging businesses to operate from India rather than relocating talent abroad, he said this would enhance foreign exchange earnings and fuel domestic economic growth.

    Discussing India’s expanding middle class and rising consumption levels, Shri Goyal outlined the cascading benefits of IT-led growth, including increased demand for commercial real estate, housing, and infrastructure. He called it a “virtuous cycle of growth” where a thriving services sector strengthens the overall economy.

    Nasscom, he noted, plays an omnipresent role across industries and must continue reskilling and retraining IT professionals to remain relevant in today’s fast-evolving landscape. He reiterated the government’s commitment to expanding global partnerships through Free Trade Agreements (FTAs) and bilateral engagements, emphasizing that numerous global markets are eager for India’s arrival.

    The Minister concluded by reaffirming confidence in India’s IT sector and MSMEs as key drivers of the country’s economic transformation in the Amrit Kaal, working collectively towards a developed and prosperous Viksit Bharat.

    ***

    Abhishek Dayal/ Abhijithb Narayanan/ Ishita Biswas

    (Release ID: 2113462) Visitor Counter : 201

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: India’s IT sector to play a key role in achieving ambitious $450 billion services export target: Shri Piyush Goyal

    Source: Government of India (2)

    India’s IT sector to play a key role in achieving ambitious $450 billion services export target: Shri Piyush Goyal

    MSMEs driving rapid growth in IT and services exports

    Posted On: 20 MAR 2025 9:02PM by PIB Delhi

    Union Minister of Commerce & Industry, Shri Piyush Goyal called for a collective commitment from the government and the IT sector to achieve a $450 billion services export target. Recognizing the rapid growth of MSMEs in IT, tourism, business accounting, and financial services, Shri Goyal emphasized the sector’s high job creation potential. He expressed confidence at the inaugural session of NASSCOM Global Confluence 2025 in New Delhi today that in 2025-26, India’s services exports could surpass merchandise exports, with IT at the forefront. He called for a collective commitment from the government and the IT sector to achieve a $450 billion services export target.

    Shri Goyal underscored the critical role of the IT and IT-enabled services (ITES) sector in India’s economic growth. He noted that the services sector exports reached approximately $340 billion last year, with IT and ITES contributing nearly $200 billion. This year, services exports are expected to reach between $380 billion and $385 billion, further solidifying India’s global presence.

    Shri Goyal highlighted the importance of innovation and adaptability in maintaining India’s competitive edge. He praised NASSCOM (National Association of Software and Services Companies) for fostering a culture of continuous learning, stating that the IT sector has consistently remained ahead of the curve by embracing new technologies such as quantum computing, artificial intelligence, and machine learning.

    He also stressed the need to attract Global Capability Centers (GCCs) to India, leveraging the country’s vast talent pool. Encouraging businesses to operate from India rather than relocating talent abroad, he said this would enhance foreign exchange earnings and fuel domestic economic growth.

    Discussing India’s expanding middle class and rising consumption levels, Shri Goyal outlined the cascading benefits of IT-led growth, including increased demand for commercial real estate, housing, and infrastructure. He called it a “virtuous cycle of growth” where a thriving services sector strengthens the overall economy.

    NASSCOM, he noted, plays an omnipresent role across industries and must continue reskilling and retraining IT professionals to remain relevant in today’s fast-evolving landscape. He reiterated the government’s commitment to expanding global partnerships through Free Trade Agreements (FTAs) and bilateral engagements, emphasizing that numerous global markets are eager for India’s arrival.

    The Minister concluded by reaffirming confidence in India’s IT sector and MSMEs as key drivers of the country’s economic transformation in the Amrit Kaal, working collectively towards a developed and prosperous Viksit Bharat.

    Congratulating the winners of the SME Inspired 2025 Awards, he lauded their achievements and encouraged others to strive for excellence in the coming years.

     

    ***

    Abhishek Dayal/ Abhijith Narayanan/ Ishita Biswas

    (Release ID: 2113462) Visitor Counter : 54

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Transforming India’s Agricultural and Dairy Sectors

    Source: Government of India

    Transforming India’s Agricultural and Dairy Sectors

    Recent Policy Decisions and Budgetary Provisions

    Posted On: 20 MAR 2025 6:49PM by PIB Delhi

    Summary

    • The Union Cabinet approved the Revised National Program for Dairy Development (NPDD) with an additional budget of ₹1,000 crore.
    • The Union Cabinet has also approved the Revised Rashtriya Gokul Mission (RGM) to boost the livestock sector, with an additional outlay of ₹1,000 crore.
    • The Union Budget 2025-26 has emphasized agriculture as the foremost engine of India’s development.
    • On January 1, 2025, the Union Cabinet approved continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26.
    • On January 1, 2025, the Union Cabinet approved the extension of One-time Special Package on Di-Ammonium Phosphate (DAP) for the period from 01.01.2025 till further orders.
    • The Union Cabinet, on November 25, 2024, approved the launching of the National Mission on Natural Farming (NMNF) with a total outlay of Rs.2481 crore.
    • On October 3, 2024, the Union Cabinet approved the rationalization of all Centrally Sponsored Schemes (CSS) operating under Ministry of Agriculture and Farmer’s into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY), and Krishonnati Yojana (KY).
    • On October 3, 2024, the Union Cabinet approved the National Mission on Edible Oils – Oilseeds with a financial outlay of Rs 10,103 crore.

     

    Introduction

    On March 19, 2025, the Union Cabinet took two key decisions to further the development of agriculture, dairying and animal husbandry in India. Agriculture, animal husbandry, and dairying are the cornerstone of India’s economy. These sectors play a crucial role in ensuring rural employment and economic stability.

    The Union Cabinet approved the Revised National Program for Dairy Development (NPDD), a Central Sector Scheme, with an additional budget of ₹1,000 crore, bringing the total to ₹2,790 crore for the 15th Finance Commission period (2021-22 to 2025-26).

    Key Objectives of the Revised NPDD:

    • Improved milk procurement, processing capacity, and quality control.
    • Enhanced market access for farmers and better pricing through value addition.
    • Strengthening of the dairy supply chain to increase rural income and development.

    Components of the Revised NPDD:

    1. Component A: Focuses on improving dairy infrastructure.
    2. Component B: Dairying through Cooperatives (DTC) in partnership with Japan International Cooperation Agency (JICA).

    Expected Outcomes of Revised NPDD:

    • Establishment of 10,000 new Dairy Cooperative Societies.
    • Additional 3.2 lakh employment opportunities, 70% benefiting women.

    The Union Cabinet has also approved the Revised Rashtriya Gokul Mission (RGM) to boost the livestock sector, with an additional outlay of ₹1,000 crore, bringing the total budget to ₹3,400 crore for the 15th Finance Commission period (2021-22 to 2025-26).

    Key Additions to the Revised RGM:

    1. Heifer Rearing Centres: One-time assistance of 35% of capital cost for setting up 30 housing facilities for 15,000 heifers.
    2. Support for High Genetic Merit (HGM) Heifers: 3% interest subvention on loans taken by farmers to purchase HGM IVF heifers from milk unions/financial institutions.

    Ongoing Activities under RGM:

    • Strengthening of semen stations and Artificial Insemination (AI) network.
    • Bull production and breed improvement using sex-sorted semen.
    • Skill development and farmer awareness programs.
    • Establishment of Centres of Excellence and strengthening of Central Cattle Breeding Farms.

    Expected Outcomes of Revised RGM:

    • Increased incomes for 8.5 crore farmers engaged in dairying.
    • Scientific conservation of indigenous bovine breeds.

    India is the world’s largest producer of milk and the second-largest producer of fruits and vegetables. With a rising global demand for organic produce, value-added dairy products, and sustainable farming practices, the government has placed renewed emphasis on enhancing productivity, infrastructure, and market access for farmers. In the past six months, the Union Government has introduced key policy decisions aimed at modernizing these sectors. Through targeted investments, regulatory support, and infrastructure development, the government seeks to improve farmer incomes, ensure disease control in livestock, and bolster cooperative movements to benefit small and marginal farmers. A crucial component of this vision is the Union Budget 2024-25, which has made substantial allocations to agriculture, animal health, and rural development.

    Agriculture, Animal Husbandry, and Dairying Provisions in Union Budget 2024-25

    The Union Budget 2025-26 has emphasized agriculture as the foremost engine of India’s development, focusing on improving productivity, farmer incomes, rural infrastructure, and self-sufficiency in key commodities. The provisions also extend to animal husbandry, dairying, and fisheries, ensuring holistic growth in the primary sector.

    1. Agriculture Sector Provisions

    1.1 Prime Minister Dhan-Dhaanya Krishi Yojana

    • A new scheme targeting 100 low-productivity districts.
    • Focus on enhancing agricultural productivity, crop diversification, sustainable practices, irrigation, and post-harvest storage.
    • Likely to benefit 1.7 crore farmers.

    1.2 Rural Prosperity and Resilience Programme

    • A multi-sectoral initiative to address underemployment in agriculture.
    • Focus on skilling, investment, and technology-driven transformation.
    • Phase-1 to cover 100 agricultural districts.

    1.3 Mission for Aatmanirbharta in Pulses

    • A six-year mission with a focus on Tur, Urad, and Masoor.
    • Development of climate-resilient seeds and protein enhancement.
    • Assurance of remunerative prices through procurement by NAFED and NCCF for four years.

    1.4 Comprehensive Programme for Vegetables and Fruits

    • Promotion of vegetable and fruit production with efficient supply chains.
    • Focus on value addition, processing, and ensuring better market prices.
    • Implementation in partnership with states and farmer producer organizations.

    1.5 National Mission on High Yielding Seeds

    • Strengthening research for high-yield, pest-resistant, and climate-resilient seeds.
    • Commercial availability of over 100 seed varieties released since July 2024.

    1.6 Cotton Productivity Mission

    • A five-year mission to improve cotton yield and sustainability.
    • Promotion of extra-long staple cotton to benefit cotton-growing farmers.
    • Alignment with the 5F vision for textile sector growth.

    1.7 Kisan Credit Card (KCC) Loan Limit Enhancement

    • The loan limit under the Modified Interest Subvention Scheme raised from ₹3 lakh to ₹5 lakh.
    • Expected to benefit 7.7 crore farmers, fishermen, and dairy farmers.

    1.8 Urea Plant in Assam

    • A new urea plant with an annual capacity of 12.7 lakh metric tons at Namrup, Assam.
    • Expected to enhance self-sufficiency in urea production.

    2. Animal Husbandry and Dairying

    2.1 Makhana Board in Bihar

    • Establishment of a dedicated board to support makhana production, processing, and marketing.
    • Organization of makhana farmers into Farmer Producer Organizations (FPOs).

    2.2 Fisheries Development Framework

    • Special focus on Andaman & Nicobar and Lakshadweep Islands.
    • Sustainable harnessing of fisheries from the Exclusive Economic Zone and High Seas.
    • Expected to boost marine sector potential and increase exports.

    3. Credit and Financial Inclusion

    3.1 Grameen Credit Score

    • Public Sector Banks to develop a framework for SHG members and rural credit needs.

    3.2 Expansion of Credit for Micro Enterprises

    • Introduction of customized credit cards with a ₹5 lakh limit for micro-enterprises registered on the Udyam portal.
    • 10 lakh cards to be issued in the first year.

    4. Research and Infrastructure Development

    4.1 Gene Bank for Crops Germplasm

    • A second gene bank with 10 lakh germplasm lines for future food security.

    4.2 Research and Development in Agriculture

    • Enhanced support for private-sector-driven R&D.

    The Union Budget 2025-26 provisions for agriculture, animal husbandry, and dairying reflect the government’s commitment to boosting agricultural productivity, ensuring financial stability for farmers, and strengthening allied sectors.

    Overview of Cabinet Decisions Since October 2024

    1. Continuation of Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS)

    On January 1, 2025, the Union Cabinet approved continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26 with an overall outlay of Rs.69,515.71 crore from 2021-22 to 2025-26. The decision will help in risk coverage of crops from non-preventable natural calamities for farmers across the country.

    In addition to the same, for large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a corpus of Rs.824.77 crore.

    1. Extension of One-time Special Package on Di-Ammonium Phosphate (DAP)

    On January 1, 2025, the Union Cabinet approved the proposal of the Department of Fertilizers for extension of One-time Special Package on Di-Ammonium Phosphate (DAP) beyond the NBS subsidy @ Rs 3,500 per MT for the period from 01.01.2025 till further orders to ensure sustainable availability of DAP at affordable prices to the farmers. The tentative budgetary requirement for above would be approximately up to Rs. 3,850 crore.

    1. Increase in Minimum Support Price (MSP) for Copra for 2025 season

    The Cabinet Committee on Economic Affairs, on December 20, 2024, has given its approval for the Minimum Support Price (MSP) for copra for 2025 season. The government has increased MSP for milling copra and ball copra from Rs. 5250 per quintal and Rs. 5500 per quintal for the marketing season 2014 to Rs. 11582 per quintal and Rs. 12100 per quintal for the marketing season 2025, registering a growth of 121% and 120%, respectively. A higher MSP will not only ensure better remunerative returns to the coconut growers but also incentivize farmers to expand copra production to meet the growing demand for coconut products both domestically and internationally.

    1. Launch of National Mission on Natural Farming

    The Union Cabinet, on November 25, 2024, approved the launching of the National Mission on Natural Farming (NMNF) as a standalone Centrally Sponsored Scheme under the Ministry of Agriculture & Farmers’ Welfare. The scheme has a total outlay of Rs.2481 crore (Government of India share – Rs.1584 crore; State share – Rs.897 crore) till the 15th Finance Commission (2025-26).

    • National Mission on Natural Farming (NMNF) promotes NF to ensure safe, nutritious food and reduce farmers’ dependency on external inputs. It aims to enhance soil health, biodiversity, climate resilience, and sustainable agriculture.
    • Natural Farming (NF) is a chemical-free farming method based on traditional knowledge, local agro-ecological principles, and diversified cropping systems.
    • NF reduces input costs, soil degradation, and health risks from fertilizers and pesticides, ensuring nutritious food and climate resilience.
    1. Launch of PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY)

    On October 3, 2024, the Union Cabinet approved the proposal of the Department of Agriculture & Farmers Welfare (DA&FW) for rationalization of all Centrally Sponsored Schemes (CSS) operating under Ministry of Agriculture and Farmer’s into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY), and Krishonnati Yojana (KY).  

    PM-RKVY will promote sustainable agriculture, while KY will address food security & agricultural self-sufficiency. The PM-RKVY and KY are being implemented with total proposed expenditure of Rs.1,01,321.61 crore. These Schemes are implemented through the State Governments. Out of the total proposed expenditure of Rs.1,01,321.61 crore the projected expenditure towards central share of DA&FW is Rs.69,088.98 crore and states share is Rs.32,232.63 crore. This includes Rs.57,074.72 crore for RKVY and Rs.44,246.89 crore for KY.

    1. Approval of National Mission on Edible Oils – Oilseeds

    On October 3, 2024, the Union Cabinet approved the National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds), a landmark initiative aimed at boosting domestic oilseed production and achieving self-reliance in edible oils. The Mission will be implemented over a seven-year period, from 2024-25 to 2030-31, with a financial outlay of Rs 10,103 crore.

    The mission aims to increase primary oilseed production from 39 million tonnes (2022-23) to 69.7 million tonnes by 2030-31. Together with NMEO-OP (Oil Palm), the Mission targets to increase domestic edible oil production to 25.45 million tonnes by 2030-31 meeting around 72% of our projected domestic requirement.

    Welfare Schemes for Agriculture, Dairying and Animal Husbandry by the Indian Government

    • Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): Launch of PM-KISAN in 2019 an income support scheme providing Rs. 6000 per year in 3 equal instalments. So far, more than Rs. 3.46 lakh crore has been disbursed to over 11 crore farmers through 18 instalments. On February 24, 2025, the government released the 19th instalment of the PM-KISAN scheme. Over 9.8 crore farmers including 2.41 crore female farmers across the country will be benefitted through the 19th instalment release, receiving direct financial assistance exceeding ₹22,000 crore through Direct Benefit Transfer (DBT) without involvement of any middlemen.
    • Pradhan Mantri Kisan Maandhan Yojana: PMKMY is a central sector scheme, is a voluntary and contributory pension scheme for the entry age group of 18 to 40 years with a provision of Rs. 3000/- monthly pension on attaining the age of 60 years, subject to exclusion criteria. Since the inception of the scheme, over 24.67 lacs small and marginal farmers have joined the PMKMY scheme.
    • Pradhan Mantri Fasal Bima Yojana: PMFBY was launched in 2016 addressing problems of high premium rates for farmers and reduction in sum insured due to capping. In past 8 Years of implementation. In past 8 Years of PMFBY implementation, 63.11 crore farmer applications have been enrolled and over 18.52 crore (Provisional) farmer applicants have received claims of over Rs. 1,65,149 crore. During this period nearly Rs. 32,482 crore were paid by farmers as their share of premium against which claims over Rs. 1,65,149 crore (Provisional) have been paid to them. Thus, for every Rs. 100 of premium paid by farmers, they have received about Rs. 508 as claims.

    ​​​​​​​

    • National Livestock Mission (NLM): The focus of the scheme is towards employment generation, entrepreneurship development; increase in per animal productivity and thus targeting increased production of meat, goat milk, egg and wool. An outlay of Rs. 324 crores have been allocated during the year 2024-25 for this mission.
    • Animal Husbandry Infrastructure Development Fund (AHIDF): The scheme envisaged for incentivizing investments by individual entrepreneurs, private companies, MSME, Farmers Producers Organizations (FPOs), and Section 8 companies to establish dairy processing and value addition infrastructure, meat processing and value addition infrastructure, animal feed plant, breed improvement technology and breed multiplications farms, veterinary drugs and vaccine infrastructure and waste to wealth management. Further, the Dairy Infrastructure Development Fund (DIDF) has been subsumed in the AHIDF and revised outlay is now Rs. 29610 crore.
    • National Animal Disease Control Programme (NADCP): Launched in 2019, the program is the largest of its kind globally, targeting the eradication of FMD and Brucellosis by 2030. Over 99.71 crore vaccinations against Foot and Mouth Disease (FMD) in cattle and buffaloes, benefitting 7.18 crore farmers have been made so far.

    Conclusion

    The government’s recent decisions and budgetary provisions reflect a strong push towards modernization, infrastructure development, and sustainability in agriculture, animal husbandry, and dairying. The focus on disease control, cooperative strengthening, and technological innovation will contribute to improving productivity and farmers’ incomes, ensuring the long-term growth of these vital sectors.

    References

    https://pib.gov.in/PressReleseDetail.aspx?PRID=2112791

    https://pib.gov.in/PressReleseDetail.aspx?PRID=2112788

    https://pib.gov.in/PressReleseDetail.aspx?PRID=2089249

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    https://pib.gov.in/PressReleseDetail.aspx?PRID=2086629

    https://pib.gov.in/PressReleseDetail.aspx?PRID=2077094

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    https://pib.gov.in/PressReleseDetailm.aspx?PRID=1985479

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    https://pib.gov.in/PressReleasePage.aspx?PRID=2105745

    https://pib.gov.in/PressReleasePage.aspx?PRID=2086052

    https://www.instagram.com/airnewsalerts/p/DAqvpYOoVgI/

    https://x.com/pmkisanofficial/status/1891741181614133264/photo/1

    www.linkedin.com/posts/agrigoi_agrigoi-naturalfarming-nmnf-activity-7288065904469229568-7OdL

    https://static.pib.gov.in/WriteReadData/specificdocs/documents/2025/feb/doc202521492701.pdf

    Kindly find the pdf file 

    ****

    Santosh Kumar | Ritu Kataria | Rishita Aggarwal

    (Release ID: 2113351) Visitor Counter : 40

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Leveraging Non-conventional Data Sources for Official Statistics

    Source: Government of India

    Posted On: 20 MAR 2025 6:45PM by PIB Delhi

    The brainstorming session on Leveraging Non-Conventional Data Sources for Official Statistics, of Ministry of Statistics and Programme Implementation (MoSPI), was concluded on 20th March, 2025 at Vigyan Bhawan, New Delhi.

    The inaugural session of the event was addressed by Sri Kris Gopalakrishnan, Chairman Axilor Ventures and Co-founder of Infosys, Sri Rana Hasan, Regional Lead Economist, South Asia, Asian Development Bank (ADB), Sri Shombi Sharp, UN Resident Coordinator (UNRC), and Dr. Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation.

    Sri Kris Gopalakrishnan, one of the co-founders of Infosys, Chairman, The Council, IISc Bangalore, and the Chairman, Board of Governors of IIIT, Bangalore, in his keynote address, underpinned the importance of the non-conventional data by citing success of Aadhar, primarily developed as a tool of citizen services, however, now used for developing various applications. He said that in view of India’s tremendous potential in technology, it can lead from front in respect of using non-conventional datasets for decision making.

    He impressed upon the need of standardization of various datasets, strengthening data processing capabilities, and developing data governance framework. He emphasized further that there is a need for evolving a framework enabling access to private data, legally backed and for rightful usages. In addition, he underlined that there is a need of fostering data literacy amongst all stakeholders so that the non-conventional sources are effectively used. Further, he opined that a single source of data would empower not only to the data producers but also to the entrepreneurs. He concluded by stating that the deliberations like this would strengthen formalizing the non-conventional data sources.

    Dr. Saurabh Garg, Secretary, MoSPI, impressed upon the importance of such sessions for encouraging a concerted effort of all stakeholders for the optimal usages of available in the ecosystem. He urged upon the representatives of the Central Ministries/Departments, including the Statistical Advisors to explore the possibility of reusing datasets generated by the other agencies. Further, he also mentioned that the culture of data sharing, however, maintaining the sanctity of Personally Identifiable Information (PII) must be fostered in the working of all the stakeholders.

    Sri Shombi Sharp, UNRC in his address shared some best practices regarding the citizen generated data and their usages in the official statistics especially in achieving the SDGs. Besides, he also emphasized upon a greater collaboration amongst the stakeholders to capitalize the full potentials of all possible alternate datasets.   

    Sri Rana Hasan in his presentation demonstrated the power of combining various datasets for an improved decision making.  He noted that the cities are hubs of growth and innovation, and thus India’s ongoing urbanization should be appropriately leveraged. He observed further that since the industrial parks are affecting neighboring settlements, they should be catalysed for structural transformation.

    The first technical session invited presentations from Shri. M. C. Gaur, Addl. Surveyor General (NZ), Survey of India; Shri. Ayago Wambile, Senior Economist, World Bank; Prof. Bappaditya Mukhopadhyay, Expert in Analytics, Great Lakes Institute of Management, New Delhi; and Shri. Ankur Bansal, Founder, GDi Partners. This session was moderated by Sh. P. R. Meshram, Director General (Data Governance), MoSPI.

    Sh. Gaur from Survey of India, in his presentation, highlighted the relevance of linking statistical data to geospatial locations and making the same easily accessible to various data users. While Shri. Wambile from World Bank, spoke about different non-traditional data sources such as, scanner data, mobile phone data, etc that can be leveraged to supplement the official statistical data in the country. Prof Mukhopadhyay from Great Lakes Institute of Management, presented a specific use case of using satellite data to assess SDG at district and sub-district levels over time. Shri Bansal from GDi Partners thereafter, brought attention to objectives, challenges, and potential way forward of using non-traditional data sources along with illustrations of use of such data sets by NSOs across the world.

    The second technical session invited presentations from Ms. Tanusree Deb Barma, Deputy Director General, UIDAI, M/o Electronics and Technology; Prof. Shalabh, Professor of Statistics & Data Science, IIT Kanpur; Shri Srinivasa Rao Sitiraju, DD, BGWSA, NRSC, Department of Space, ISRO; and Dr. Karan Nagpal, India Regional Director, IDinsight, New Delhi, India. The session was moderated by Ms. Geeta Singh Rathore, Director  General (NSS), MoSPI.

    Ms. Tansuree from M/o Electronics and Technology, provided an overview of the Aadhar Ecosystem and presented areas where non-traditional data is being used for authentication of data, identification of bugs, etc. Further, Shri Sitiraju from ISRO, presented various types and aspects of Geospatial data being collected by ISRO and products built using them within the official data ecosystem. Dr. Shalabh from IIT Kanpur, thereafter, presented a specific use case of grievance redressal mechanism leveraging emerging technologies for deriving insights from grievance data collected by Government of India, while Dr. Nagpal from IDinsight presented various use cases of alternative datasets and their usages in generating macro indicators. He, specifically, discussed various usages in price data in official statistics.

    The event has been attended by around 150 delegates, ranging representations from the central Ministries/Departments, UN agencies, Think Tanks, Independent organisations, and Universities and research institutions.

    The deliberations of the brainstorming session would be a sine qua non for the data innovation involving tapping into alternative data gathered from new or non-conventional data sources and combining and enhancing existing data sources with that new data to gain additional insights.

    One of the significant takeaways of the brainstorming session is that the digital revolution provides abundant opportunities to improve the way services are delivered, including harnessing valuable data and insights into products, services, and customer behaviors. Such data innovations are rapidly changing institutions and the data sources available to them. A well-designed intertwining of various data sources may provide better comprehension resulting into improved health care system, Strong supply chains and logistics, Convenient travel, Smart farming, and a transparent FinTech ecosystem.

    Further, it was discussed that the Ministries/Departments may use the alternative datasets for the real time monitoring and tracking the decision variables. In addition, it also emerged that the Ministries/Departments may make available Alternative/Administrative datasets to various stakeholders so that their integration with Census/Survey data may become possible.  Besides, it emerged that there should be concerted efforts of all the stakeholders for creation of enabling environment so that all possible data sources, Conventional and Non-Conventional are used for decision making.  

    ****

    Samrat/ Allen

    (Release ID: 2113347) Visitor Counter : 68

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: WAM! Heads to Mumbai on 23rd March, 2025

    Source: Government of India

    Posted On: 20 MAR 2025 6:38PM by PIB Mumbai

    Mumbai, 20th March 2025

    The Ministry of Information & Broadcasting (MIB), Government of India, in collaboration with the Media & Entertainment Association of India (MEAI), announces the next edition of WAM! (WAVES Anime & Manga Contest) in Mumbai. WAM! is part of Create in India Challenge, under WAVES (World Audio Visual & Entertainment Summit), set to take place from 1st to 4th May 2025 in Mumbai. The previous editions of WAM! were successfully conducted in Guwahati, Kolkata, Bhubaneswar, Varanasi, and Delhi.

    The Mumbai edition will be hosted at Whistling Woods International and is expected to attract participants competing in different categories, including:

    • Manga (Japanese-style comics)

    • Webtoon (digital comics)

    • Anime (Japanese-style animation)

    Participants will not only showcase their talent but also enjoy a thrilling Voice Acting and Cosplay competition and an exclusive sneak peek of TRIO, India’s first anime being developed by Vaibhavi Studios. The day will conclude with an award ceremony to honor the winners and celebrate their achievements.

    Some of the Industry veterans participating to evaluate the competition and award the awardees are:  Chaitanya Chinchlikar, Vice President, Whistling Woods International and CEO, National Centre of Excellence – Animation, VFX, Gaming, Comics & Extended Reality; Abhishek Dutta – Associate Vice President – Acquisition & Programming (Kids Cluster), Star India Pvt Ltd; Sumeet Pathak – Actor, Chief Operating Officer & Managing Director, Gulmohar Media; Ankur Javeri – Actor, Voice Actor and Founder and Past President of Association of Voice Artists; Jazyl Homavazir – 2d Animation professional and creator of India’s first Manga – Beast Legion

    Ankur Bhasin, Secretary of MEAI shared that the event is more than just a competition and that it is a celebration of creativity and a platform for artists to showcase their unique voices.

    For Details: Ankur Bhasin, Secretary, Media & Entertainment Association of India; 98806 23122; secretary@meai.in; www.meai.in/wam

    About WAVES

    The first World Audio Visual & Entertainment Summit (WAVES), a milestone event for the Media & Entertainment (M&E) sector, will be hosted by the Government of India in Mumbai, Maharashtra, from May 1 to 4, 2025.

    Whether you’re an industry professional, investor, creator, or innovator, the Summit offers the ultimate global platform to connect, collaborate, innovate and contribute to the M&E landscape.

    WAVES is set to magnify India’s creative strength, amplifying its position as a hub for content creation, intellectual property, and technological innovation. Industries and sectors in focus include Broadcasting, Print Media, Television, Radio, Films, Animation, Visual Effects, Gaming, Comics, Sound and Music, Advertising, Digital Media, Social Media Platforms, Generative AI, Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).

    Have questions? Find answers here  

    Come, Sail with us! Register for WAVES now (Coming soon!).

    PIB TEAM WAVES 2025 | Dhanlakshmi/ Preeti Malandkar | 075

    Follow us on social media: @PIBMumbai     /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com   /PIBMumbai     /pibmumbai

    (Release ID: 2113340) Visitor Counter : 52

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: NHAI Debars 14 Agencies for Irregular activities in Fee Collection at Toll Plazas

    Source: Government of India

    Posted On: 20 MAR 2025 6:23PM by PIB Delhi

    In an unprecedented action to strengthen and establish a robust user fee collection at the toll plazas, NHAI has debarred 14 User Fee Collection Agencies for Irregular activities in Fee Collection at Toll Plazas. Raids at the Atraila Shiv Ghulam Toll Plaza in Mirzapur district of Uttar Pradesh was conducted by UP Special Task Force.  Based on the FIR, NHAI took prompt action and served ‘Show Cause Notice’ to the defaulting agencies.

    The replies submitted by the fee collection agencies were not found to be satisfactory. The agencies have been debarred for a period of two years for violation of the provisions of the contract agreement.  ‘Performance Securities’ worth over Rs. 100 crores of the defaulting agencies have been forfeited and are being encashed for breach of the contract.   

    In order to ensure seamless operation of the toll plazas that were managed by debarred agencies, NHAI will intimate the defaulting agencies to hand over the Toll plazas to a new agency that will be appointed by the authority.     

    NHAI is committed to follow the highest standards in highway operations and any lapses will be dealt with zero tolerance. Action will be taken against the defaulters, and they will be debarred from NHAI projects with severe penalties.

    ***

    GDH / HR

    (Release ID: 2113332) Visitor Counter : 75

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: India Pavilion Makes Debut at Game Developers Conference (GDC) in San Francisco

    Source: Government of India (2)

    India Pavilion Makes Debut at Game Developers Conference (GDC) in San Francisco

    WAVES – ‘Create in India Challenge’ Winners Take the Spotlight at GDC

    Posted On: 20 MAR 2025 5:54PM by PIB Mumbai

    Mumbai, 20th March 2025

    The India Pavilion made an impressive start at the prestigious Game Developers Conference (GDC) in San Francisco, USA. Consul General of India, San Francisco, Dr. K. Srikar Reddy, inaugurated the pavilion in the presence of Deputy Consul General, Shri Rakesh Adlakha, and Head of Digital Growth, NFDC, Ministry of Information & Broadcasting, Shri Tanmay Shankar.

    The Game Developers Conference (GDC), held from 17th to 21st March 2025, is the world’s largest and most influential event for game developers and industry professionals, featuring lectures, panels, and exhibitions on game design, technology, and business trends.

    Promoting WAVES: India’s Premier M&E Summit

    A key focus of the India Pavilion is to promote the upcoming World Audio Visual and Entertainment Summit (WAVES), scheduled to take place in Mumbai from 1st to 4th May 2025. Organised by the Ministry of Information & Broadcasting (MIB) and spearheaded by National Film Development Corporation (NFDC), WAVES is poised to be a premier platform aimed at bringing the global Media & Entertainment (M&E) industry’s attention to India. It will foster trade, innovation, and cross-border collaborations, positioning India as the Content Hub of the World.

    Spotlighting India’s Gaming Excellence

    The India Pavilion at GDC features cutting-edge exhibitors and innovators, highlighting India’s rapidly evolving gaming industry. The pavilion showcases some of the country’s leading game development companies, including Nazara Technologies and WinZO, alongside the IGDC 2024 Award winners—Wala Interactive, Brewed Games, Xigma Games, and Singular Scheme—renowned for their creativity and excellence in game development.

    Additionally, the pavilion spotlights champions of Bharat Tech Triumph Season 3, a challenge under Create in India Challenge as part of WAVES.

    • Yudiz Solutions
    • Brahman Studios
    • Godspeed Gaming
    • Second Quest
    • Over the Moon Studios
    • Game2Maker
    • Pariah Interactive
    • Lysto
    • Mixar
    • Little Guru
    • Mono Tusk Studios
    • GameEon
    • Funstop
    • Abracadabra

    The India Pavilion serves as a strategic platform for collaboration, connecting Indian gaming companies with global developers, publishers, and investors. By facilitating dialogues on co-production, technology partnerships, and content distribution, the pavilion will help unlock new growth opportunities for Indian studios in the global gaming market.

    About NFDC

    National Film Development Corporation of India is the central agency established to encourage the good cinema movement in the country. Through its participation in key international events such as FILMART, Cannes Film Festival, and Berlinale, NFDC facilitates co-productions, market access, and distribution opportunities for Indian content creators.

    About WAVES

    The first World Audio Visual & Entertainment Summit (WAVES), a milestone event for the Media & Entertainment (M&E) sector, will be hosted by the Government of India in Mumbai, Maharashtra, from May 1 to 4, 2025.

    Whether you’re an industry professional, investor, creator, or innovator, the Summit offers the ultimate global platform to connect, collaborate, innovate and contribute to the M&E landscape.

    WAVES is set to magnify India’s creative strength, amplifying its position as a hub for content creation, intellectual property, and technological innovation. Industries and sectors in focus include Broadcasting, Print Media, Television, Radio, Films, Animation, Visual Effects, Gaming, Comics, Sound and Music, Advertising, Digital Media, Social Media Platforms, Generative AI, Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).

    Have questions? Find answers here  

    Come, Sail with us! Register for WAVES now (Coming soon!).

    PIB TEAM WAVES 2025 | Dhanlakshmi/ Preeti Malandkar | 074

    Follow us on social media: @PIBMumbai     /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com   /PIBMumbai     /pibmumbai

    (Release ID: 2113309) Visitor Counter : 57

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: ECI charts out bold steps towards strengthening election processes during past one month

    Source: Government of India (2)

    ECI charts out bold steps towards strengthening election processes during past one month

    Digital training planned for continuous capacity augmentation of nearly 1 crore election officials

    Participation of political parties through nearly 5000 all-party meetings with Election authorities at ERO, DEO & CEO levels

    Legal framework of objections and appeals guide correction of entries and inclusion of names in electoral rolls

    Merely 89 1st appeals and only 1 second appeal filed so far

    Posted On: 20 MAR 2025 5:21PM by PIB Delhi

    In under a month of the assumption of charge as the 26th Chief Election Commissioner (CEC) of India, ECI led by Shri Gyanesh Kumar along with Election Commissioners Dr. Sukhbir Singh Sandhu and Dr. Vivek Joshi has put the entire election machinery right up to the BLO level on a path firmly on course for promoting participation of all electors and ensuring a pleasant experience for them at the polling stations. Political parties, being key stakeholders, are also being involved at the grassroot level.

    The Commission reaffirms that the nearly 100 crore electors always stand as the pillar of democracy. Technical consultations between UIDAI and experts of ECI are to begin soon. Though an elector can only vote in the assigned polling booth and nowhere else, the Commission has resolved to remove duplicates countrywide in EPIC numbers and end a decades-long issue within 3 months. Regular updation of the voter list shall be strengthened in close coordination with the birth and death registration authorities.  In the Commission’s interactions with political parties, it was clarified that any inclusion or deletion to the draft elector list is governed by the process of appeals under relevant legal provisions for filing claims and objections, available to all political parties in the Representation of People act, 1950. In the absence of such appeals, the list as prepared by the ERO prevails. It may be recalled that the ECI had on 7th March, 2025 clarified that merely 89 first appeals and just the sole second appeal was filed after the completion of the Special Summary Revision (SSR) exercise as of 6th-10th of January 2025.

    Ensuring 100% enrolment of all eligible citizens, ensuring ease of voting and a pleasant voting experience are key objectives of ECI. Steps will be taken to ensure that no polling station has more than 1,200 electors and they will be within 2 Kms of the electors. Even in the remotest rural polling station, basic facilities (AMF) will be ensured. To tackle urban apathy and encourage more participation, clusters of high-rise buildings and colonies will also have polling stations within their premises.

    In a major step towards comprehensive and continuous capacity building of nearly 1 crore election personnel, a two-day conference of CEOs of all States/UTs at IIIDEM was held in New Delhi on the 4th and 5th of March in which, in a first, DEOs and EROs of each of the State/UTs participated. The conference provided a thrust to energise the entire election machinery with a clear mapping of 28 stakeholders along with their responsibilities as per the framework set by the constitution, electoral laws and guidelines issued by ECI. Electoral handbooks and manuals for instructions will be harmonised with the most recent changes. Digital training kits in multiple Indian languages will be prepared for easy absorption and effective training of frontline functionaries. Animated videos and integrated dashboard will provide a digital push to training. A training module is being devised to train BLOs in days to come.

    To ensure full participation of political parties in all aspects of the election processes, CEC Gyanesh Kumar during the CEO conference on 4th March had directed that regular all-party meetings and interactions be held by all the 36 CEOs, 788 DEOs, 4123 EROs. Such meetings across the country will help resolve any outstanding and emergent issues raised by the political parties at the grassroot level itself. This process will be completed pan-India by the 31st of March, 2025.  The offer of the Commission to train political party representatives and their appointed BLAs on the due processes as per electoral laws including claims and objections to the voter list has been welcomed by political parties. The ECI has also invited suggestions from all political parties on any and all matters concerning the conduct of elections and they can send these by the 30th of April, 2025. The parties have also been extended an invitation to meet the Commission in Delhi at a mutually convenient time.

    These bold and far-reaching initiatives span the entire gamut of elections and encompass all the key stakeholders in a participatory manner.

    ******

    PK

    (Release ID: 2113296) Visitor Counter : 15

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: PARLIAMENT QUESTION: RADIATION–BASED FOOD PRESERVATION

    Source: Government of India (2)

    Department of Atomic Energy

    PARLIAMENT QUESTION: RADIATION–BASED FOOD PRESERVATION

    Posted On: 20 MAR 2025 4:19PM by PIB Delhi

    The irradiation technology has been transferred to private entrepreneurs for commercialization for food preservation. Presently 37 Gamma Radiation Processing Plants are operational in the country in private, cooperative, semi government and government sector, out of which 21plants are capable of carrying out radiation processing of agricultural/ food products. List of 21 plants is enclosed in Annexure.

     

    ANNEXURE

     

    DETAILS OF RADIATION PROCESSING PLANTS CAPBALE OF FOOD PRESERVATION

     

    Sr.

    No.

    Name and Location

    1

    M/s Organic Green Foods Ltd, Dankuni, Kolkata, West Bengal

    2

    Mis Gamma Agro Medical Processing, Hyderabad, Telangana

    3

    M/s Jhunsons Chemicals Pvt Ltd, Bhiwadi, Rajasthan

    4

    M/s Innova Agri BioPark Ltd., Malur, Dist.Kolar, Karnataka

    5

    M/s Hindustan Agro Co-Operative Ltd., Rahuri, Ahmednagar, Maharashtra

    6

    M/s Impartial AgroTech (P) Ltd., Unnao, Lucknow, Uttar Pradesh

    7

    M/s Gujarat Agro Industries Corpn. Ltd, Bavla, Ahmadabad, Gujarat

    8

    M/s Maharashtra State Agricultural Marketing Board (MSAMB),Vashi,Navi

    Mumbai, Maharashtra

    9

    M/s Aligned Industries, Dharuhera, Haryana

    10

    M/s Avantee Mega Food Park Pvt. Ltd, Indore, Madhya Pradesh

    11

    M/s Electro Magnetic Industries, Vadodara

    12

    M/s Pinnacle Therapeutics Pvt. Ltd, Vadodara

    13

    M/s Jamnadas Industries, Indore, Madhya Pradesh

    14

    M/s Solas Industries, Mathura,Uttar Pradesh

    15

    M/s Microtrol Sterilisation Services Pvt. Ltd., Baval, Haryana

    16

    M/s AV Gamma Tech LLP, Ambernath, Maharashtra

    17

    Deptt. Of Agricultural Marketing and Agri Business (DAMAB), Krishnagiri,

    Tamil Nadu

    18

    Infrastructure Development authority, Patna, Bihar

    19

    M/S LION FOODS PVT. LTD., Gir Somnath, Gujarat

    20

    Radiation Processing Plant, Vashi, Maharashtra (DAE facility)

    21

    KRUSHAK, Lasalgaon, Naskik, Maharashtra (DAE facility)

     

    This information was given by Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, Department of Atomic Energy, Department of Space, in a written reply in the Rajya Sabha today.

     

    ***

    NKR/PSM

     

    (Release ID: 2113252)

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: DPIIT and Kyndryl Partner to Drive Innovation in India’s Manufacturing and IT Startup Ecosystem

    Source: Government of India (2)

    DPIIT and Kyndryl Partner to Drive Innovation in India’s Manufacturing and IT Startup Ecosystem

    The Partnership is to Provide Infrastructure, Mentorship, and AI-Driven Growth Opportunities for Startups

    Posted On: 20 MAR 2025 3:52PM by PIB Delhi

    The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, and Kyndryl Solutions Pvt Ltd, have signed a Memorandum of Understanding (MoU) to accelerate innovation and scale India’s startup ecosystem. The partnership will focus on supporting startups in the manufacturing and IT sectors by leveraging Kyndryl’s expertise in digital transformation and Generative AI solutions.

    Speaking on the occasion, Joint Secretary, DPIIT, Shri Sanjiv, stated that this collaboration marks an important step in fostering an innovation-driven startup ecosystem in India. By leveraging Kyndryl’s global expertise and enterprise solutions, DPIIT aims to support startups in scaling their operations and driving technological advancements across industries.

    Under this partnership, startups will be empowered through mentorship, infrastructure support, and market access, enabling them to integrate their solutions into enterprise ecosystems across industries such as automotive, pharmaceuticals, BFSI, oil & gas, and government services. Kyndryl will institutionalize dedicated programs to support digital product startups, AI-driven innovators, and entrepreneurs.

    Kyndryl will facilitate startup growth by integrating their innovations into enterprise solutions and connecting them with large-scale business customers. Startups will receive mentorship on product development, market readiness, cybersecurity resilience, and enterprise deployment. Kyndryl will conduct advisory sessions and industry workshops to enhance customer experience and operational efficiency. In collaboration with Startup India and DPIIT, Kyndryl will provide knowledge sharing, policy insights, and access to government incentives. Startups will also receive guidance on scaling their solutions internationally and exploring new markets.

    The MoU was signed by Director, DPIIT, Dr. Sumeet Kumar Jarangal and the representative of Kyndryl, in the presence of senior officials from both organizations.

    This partnership aligns with the government’s vision of positioning India as a global innovation hub. By integrating DPIIT’s startup support framework with Kyndryl’s enterprise capabilities, the collaboration will create a structured ecosystem where startups can thrive, innovate, and contribute to economic growth.

    ***

    Abhishek Dayal / Abhijith Narayanan/ Ishita Biswas

    (Release ID: 2113244) Visitor Counter : 104

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Use of AI in Supreme Court Case Management

    Source: Government of India

    Posted On: 20 MAR 2025 3:24PM by PIB Delhi

    As per the information provided by the Supreme Court of India, Artificial Intelligence (AI), and Machine Learning (ML) based tools are being deployed in case management. They are being used in transcribing of oral arguments in Constitution Bench matters. The AI assisted transcribed arguments can be accessed from the website of the Supreme Court. The competent authority has directed to consider the transcribing of oral arguments on regular hearing days i.e. Thursdays.

    The Registry, Supreme Court of India is also using AI and ML based tools in close coordination with National Informatics Centre (NIC), in translation of judgments from English language to 18 Indian languages viz., Assamese, Bengali, Garo, Gujarati, Hindi, Kannada, Kashmiri, Khasi, Konkani, Malayali, Marathi, Nepali, Odia, Punjabi, Santali, Tamil, Telugu and Urdu. The judgments can be accessed through the eSCR portal of the Supreme Court of India.

    The Registry, Supreme Court of India in close coordination with IIT, Madras has developed and deployed AI and ML based tools integrated with the electronic filing softwareof the Registry in identification of defects. Recently, the access of the proto-type has been granted to 200 Advocates-on-Record to use the same and share their feedback, to strengthen the right to access to justice and right to administration of justice.

    The Registry, Supreme Court of India is also testing prototypes of AI and machine learning (ML) tools, for curing defects, data, meta data extraction in collaboration with IIT, Madras. This AI and ML based tool will be integrated with the electronic filing module and the case management software, namely, Integrated Case Management & Information System(ICMIS).

    However, no AI and ML based tools are being used by the Supreme Court of India in decision making process.

    The AI based tool, Supreme Court Portal Assistance in Court Efficiency (SUPACE), aimed at developing a module to understand the factual matrix of cases with an intelligent search of the precedents apart from identifying the cases, is in an experimental stage of development for its testing. The use of SUPACE may be deployed after procurement and deployment of graphic processing unit(s) and other latest technology-based units such as Tensor Processing Unit.

    This information was given by the Minister of State (Independent Charge) of the Ministry of Law and Justice and Ministry of Parliamentary Affairs Shri Arjun Ram Meghwal in a written reply to a question in Rajya Sabha today.

    *****

    Samrat/Allen:

     

    (Release ID: 2113224) Visitor Counter : 84

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Expanding Housing Opportunities: Governor Polis Kicks Off Groundbreaking for 190 New Homes & Community Healthcare Center

    Source: US State of Colorado

    DENVER – Today, Governor Polis joined members of the Denver community to break ground on new housing that includes 190 new affordable homes as well as a health clinic focused on serving American Indian/Alaska Native (AI/AN) individuals and families.

    “In Colorado, we are committed to expanding housing options Coloradans can afford and expanding healthcare coverage that is accessible and affordable. It is initiatives like this that will help us reach Colorado’s housing goals and save people money on their healthcare. I look forward to seeing the new homes, and continuing our work to reduce costs and deliver more housing for all Coloradans,” said Governor Polis.

    This effort is the result of the Colorado Division of Housing providing $5,640,000 through Prop 123 funding and a Housing Development Grant grant of $2,360,000 and a partnership between Mercy Housing, Denver Indian Health and Family Services (DIFHS), Native American Housing Circle (NAHC), and WellPower. The 190 new homes include 94 permanent supportive housing residences and 96 homes to fit families budgets, as well as the health clinic

    Governor Polis has signed historic housing laws in partnership with the legislature to create more housing near transit lines, give Coloradans the freedom to build Accessory Dwelling Units (ADUs) on their property, and eliminate unnecessary parking mandates that raise housing costs, and get rid of discriminatory occupancy limits. The Polis administration continues to be focused on expanding housing options for all Coloradans and creating more housing opportunities that Coloradans can afford, including through allowing more cost-effective, single-stair housing to be built and breaking down barriers for more modular housing that will save Coloradans money.

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    MIL OSI USA News –

  • MIL-OSI Europe: Written question – US influencing of media in the EU through USAID – E-001047/2025

    Source: European Parliament

    Question for written answer  E-001047/2025
    to the Commission
    Rule 144
    Barbara Bonte (PfE)

    Following US President Trump’s decision last February to suspend USAID’s activities, it came to light that said organisation, which is tasked with providing funds for development and emergency aid, has also paid out considerable sums of money to the media in Europe in recent years.

    • 1.Has the Commission launched an investigation into this unacceptable US influence on European media?
    • 2.Which EU media outlets, independent or otherwise, have received funds from USAID?
    • 3.What measures does the Commission envisage to prevent the funding of European media by third countries?

    Submitted: 11.3.2025

    Last updated: 20 March 2025

    MIL OSI Europe News –

  • MIL-OSI: Oportun Comments on Letter from Findell Capital

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., March 20, 2025 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a mission-driven financial services company, today issued the following statement regarding a public letter from Findell Capital Management LLC (“Findell”):

    Oportun’s management team and Board of Directors maintain consistent and open dialogue with our shareholders and welcome constructive feedback. We have engaged actively, repeatedly and in good faith with Findell for some time, striving to foster a constructive and collaborative relationship, with the goal of enhancing value for all shareholders.

    The Board and management have driven significant improvements in Oportun’s performance by taking decisive action to refine the Company’s product portfolio, streamline costs, strengthen its capital position and boost profitability. At the same time, we have made meaningful Board and corporate governance changes to ensure the Board is best positioned to continue its effective, independent oversight of the Company’s strategy and management, including appointing four independent directors since 2024.

    Results Speak for Themselves

    Our Board continuously and proactively evaluates Oportun’s performance, business and strategic direction to ensure the Company is best positioned to deliver sustainable shareholder value. We implemented several initiatives to drive improved profitability and optimize our capital structure – and our financial results demonstrate meaningful progress from those initiatives, including:  

    • Delivering fourth quarter results that exceeded our outlook and marked a return to GAAP profitability.
    • Enhancing efficiency and strengthening business economics: Since mid-2022, we have decreased operating expenses by approximately 40%, by eliminating over $240 million in annualized costs. It is worth noting Findell in March 2023 called for a target of below $450 million in annual operating expenditures, and we exceeded that amount by reducing our 2024 operating expenditures to $410 million. Additionally, we increased our portfolio yield by nearly 200 basis points, leading to significant improvements in Oportun’s profitability across all reported metrics.
    • Enhancing credit performance: Our more recent credit vintages have outperformed their predecessors and, as a result, the losses on our front book twelve-plus months after disbursement are now running up to 500 basis points lower than losses on our back-book. This improvement is driven by our continued fine tuning of our credit model.
    • Executing a comprehensive review of strategic options to strengthen financial flexibility: We conducted a comprehensive review of strategic options, through a thorough and competitive process, which led to the successful refinancing of our corporate financing facility. This enhanced balance sheet and operating flexibility are driving improved profitability and positioning Oportun for long-term success.
    • Streamlining operations to focus on core offerings: We divested non-core business segments, including the sale of our credit card portfolio in November 2024, to concentrate on our core personal loan, secured personal loan, and savings products.

    These actions have delivered substantial value for our shareholders. Oportun has driven strong returns that have outperformed major indices over the past two years – and over the past 12 months, we have achieved a 121% total shareholder return, outpacing both industry peers and key benchmarks.

    Looking ahead, we believe that our strong business model, balance sheet and liquidity will allow us to sustain our momentum and execute our strategy with discipline and focus as we work toward our 2025 goals. For example, our full-year earnings guidance implies a year-over-year increase in net income of approximately $102 million to $112 million in 2025.

    Additionally, as we stated in our earnings call on February 12, 2025, we expect to achieve an Adjusted ROE in the teens, up from 8% in 2024, by delivering prudent full-year originations growth, returning to revenue growth by year-end, and targeting a $20 million full-year decline in operating expenses.

    Oportun Has a Strong and Independent Board

    Oportun has continued to evolve the Board of Directors to maintain its strength and independence. Our Nominating and Governance Committee regularly reviews our Board composition to ensure that we have the right mix of experience and expertise to guide Oportun and it will continue to do so. We have added four independent directors with consumer finance experience since February 2024 – Mohit Daswani and Carlos Minetti, as well as Scott Parker and Richard Tambor on Findell’s suggestion.

    Our Board has deep familiarity with our business, industry and target customer base and is essential in serving the best interests of our shareholders, employees and members.

    The Board is highly engaged and committed to its management oversight responsibilities as we continue to focus on executing and delivering sustainable value. Oportun’s management team has the full support of the Board as they navigate the Company through the current environment, while supporting our members and driving sustainable value for our shareholders.

    Wilson Sonsini Goodrich & Rosati is serving as legal advisor and FGS Global is serving as strategic communications advisor to Oportun.

    About Oportun

    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.

    Forward-Looking Statements

    This press release contains forward-looking statements. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements as to our future performance and financial position; the impact of the refinancing of our corporate financing facility; the strength of our business model, balance sheet, liquidity and execution of our strategy; expectations regarding our full-year earnings, net income, Adjusted ROE, and originations growth for 2025; the composition of our Board of Directors and its impact on our ability to deliver long-term value to our shareholders; and our governance practices, are forward-looking statements. These statements can be generally identified by terms such as “expect,” “plan,” “goal,” “target,” “anticipate,” “assume,” “predict,” “project,” “outlook,” “continue,” “due,” “may,” “believe,” “seek,” or “estimate” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would,” “likely” and “could.” These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events, financial trends and risks and uncertainties that we believe may affect our business, financial condition and results of operations. These risks and uncertainties include those risks described in our filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, we disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements.

    Additional Information and Where to Find It

    Oportun Financial Corporation (“Oportun”), its directors and certain executive officers are participants in the solicitation of proxies from stockholders in connection with Oportun’s 2025 Annual Meeting of Stockholders (the “Annual Meeting”). Oportun plans to file a proxy statement (the “2025 Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the Annual Meeting.

    Jo Ann Barefoot, Mohit Daswani, Ginny Lee, Carlos Minetti, Louis Miramontes, Scott Parker, Sandra A. Smith, Richard Tambor, Raul Vazquez and R. Neil Williams, all of whom are members of Oportun’s board of directors, are participants in Oportun’s solicitation. Other than Mr. Vazquez, none of such participants owns in excess of one percent of Oportun’s common stock. Mr. Vazquez may be deemed to own approximately five percent of Oportun’s common stock. Additional information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the 2025 Proxy Statement and other relevant documents to be filed with the SEC in connection with the Annual Meeting. Information relating to the foregoing can also be found in Oportun’s definitive proxy statement for its 2024 Annual Meeting of Stockholders (the “2024 Proxy Statement”), which was filed with the SEC on May 13, 2024. To the extent that holdings of Oportun’s securities have changed since the amounts printed in the 2024 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC.

    Promptly after filing its definitive 2025 Proxy Statement with the SEC, Oportun will mail the definitive 2025 Proxy Statement and a proxy card to each stockholder entitled to vote at the Annual Meeting. STOCKHOLDERS ARE URGED TO READ THE 2025 PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT OPORTUN WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge, Oportun’s proxy statement (in both preliminary and definitive form), any amendments or supplements thereto, and any other relevant documents filed by Oportun with the SEC in connection with the Annual Meeting at the SEC’s website (http://www.sec.gov). Copies of Oportun’s definitive 2025 Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by Oportun with the SEC in connection with the Annual Meeting will also be available, free of charge, at Oportun’s website (https://investor.oportun.com/) or by writing to Investor Relations, Oportun Financial Corporation, 2 Circle Star Way, San Carlos, California 94070.

    Investor Contact
    Dorian Hare
    (650) 590-4323
    ir@oportun.com

    Media Contact
    John Christiansen / Bryan Locke
    FGS Global
    Oportun@fgsglobal.com

    The MIL Network –

  • MIL-OSI: FXSpire Introduces False-Breakout Detection for Smarter EUR/USD Trading

    Source: GlobeNewswire (MIL-OSI)

    LIMASSOL, Cyprus, March 20, 2025 (GLOBE NEWSWIRE) — FXSpire, a cutting-edge automated trading solution, has unveiled its latest innovation: an advanced false-breakout detection algorithm designed to enhance EUR/USD trading accuracy. The system leverages real-time market data and AI-driven analysis to differentiate genuine price breakouts from misleading signals, helping traders reduce risk and optimize profitability.

    False breakouts, where price movements momentarily breach key levels before reversing, can lead to poor trade entries and losses. The detection system filters out these deceptive signals, ensuring traders operate on high-probability setups rather than noise-driven fluctuations.

    Precision Trading with AI-Backed Analysis
    Unlike conventional breakout strategies that rely on static parameters, the dynamic detection system continuously analyzes price action, market momentum, and liquidity shifts to determine the validity of a breakout. Integrating multi-layered confirmation signals, the system adapts in real-time to changing market conditions, reducing false signals and improving execution accuracy.

    Fast-moving currency markets can be a minefield of misleading signals, requiring more than just experience to navigate. FXSpire is designed to cut through the noise, filtering out deceptive price moves and highlighting only the breakouts that matter, giving traders the accuracy to act decisively with confidence.

    Enhancing Market Confidence in Volatile Conditions
    EUR/USD, the most actively traded currency pair, is highly susceptible to short-term price traps triggered by institutional orders, liquidity shifts, and speculative activity. Eliminating false breakouts strengthens trade execution, allowing traders to enter positions backed by statistically validated patterns.

    Beyond forex trading, AI-driven pattern recognition is transforming financial markets, with hedge funds and institutional investors increasingly relying on machine learning to refine trade execution and risk management. The ability to process massive datasets, detect anomalies, and execute trades in milliseconds is reshaping how traders navigate volatility across multiple asset classes.

    A Smarter Approach to Forex Trading
    Demand for precision-driven trading solutions continues to grow as forex markets become more complex. Algorithmic trading now dominates FX volume, and AI-powered tools go beyond automation, reshaping decision-making through real-time adaptability.

    As financial markets increasingly favor data-driven strategies, FXSpire stands at the forefront of this evolution, helping traders eliminate uncertainty and trade with greater confidence, accuracy, and efficiency.

    About FXSpire
    FXSpire is a precision-driven Expert Advisor for MetaTrader 4, optimized for EURUSD trading on the M30 timeframe. Using advanced pattern recognition, false breakout detection, and robust risk management, it helps traders achieve consistent results while minimizing unnecessary risks.

    Users can learn more at https://fxspire.com/

    Contact

    FXSpire Media Team
    FXSpire
    support@fxspire.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a3862c0-0173-4c38-8a1f-d94d5941bf49

    The MIL Network –

  • MIL-OSI: FXSentry: The Guardian Forex Robot Designed for Capital Protection

    Source: GlobeNewswire (MIL-OSI)

    LIMASSOL, Cyprus, March 20, 2025 (GLOBE NEWSWIRE) — FXSentry, an advanced forex trading automation system, introduces a risk-aware trading strategy designed to prioritize capital protection while strategically identifying market opportunities. With market volatility constantly reshaping trading conditions, this system provides a disciplined, defense-first approach that safeguards capital without compromising the potential for strong returns.

    Most automated trading solutions prioritize trade volume over risk control, often leaving traders vulnerable to sharp market reversals. This system takes a different approach, embedding advanced risk assessment tools that actively monitor trading conditions, adjust to market fluctuations, and shield capital from unnecessary exposure. By integrating protective stop-loss placement, dynamic lot sizing, and real-time volatility tracking, it ensures that every trade is backed by rigorous risk parameters rather than blind execution.

    Turning Volatility Into Opportunity
    In forex trading, long-term success depends not only on generating gains but also on preserving them. High-impact news events, liquidity shifts, and algorithmic trading can wipe out unprotected positions in seconds, leaving traders exposed to unnecessary losses. A trading system that doesn’t prioritize capital preservation isn’t just incomplete, it’s a liability.

    This guardian-style forex automation takes a measured stance, ensuring that every position aligns with a pre-calculated risk model. Instead of reacting impulsively to price swings, the system assesses historical patterns, volatility thresholds, and liquidity shifts before executing trades. The goal is not only to protect funds from unnecessary drawdowns but also to capitalize on strategic openings that offer calculated risk-to-reward ratios.

    FXSentry is designed with capital protection at its core, prioritizing account safety while strategically seizing market opportunities. Traders need more than just automation; they need a system that understands when to engage and when to step back.

    A Smarter Defensive Strategy in Forex Trading
    With forex markets prone to unexpected shifts driven by macroeconomic events, safeguarding capital is becoming an increasing priority for both retail and institutional traders. The rise of risk-focused automation marks a shift in the industry, where traders now seek solutions that balance profit potential with built-in protection mechanisms.

    As AI-driven trading continues to evolve, demand grows for intelligent systems that go beyond execution and actively manage risk exposure. This innovation represents a new era of strategic automation, where safety and performance are no longer opposing forces but integrated pillars of a sustainable trading strategy.

    About FXSentry
    FXSentry delivers precise market analysis, robust risk management, and trader protection. With advanced indicators and automated execution, it helps traders identify opportunities while prioritizing capital safety in a user-friendly, customizable system.
    Users can learn more at https://fxsentry.com/

    Contact

    FXSentry Media Team
    FXSentry
    support@fxsentry.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ff473d3b-afa2-44d2-acd4-719142e758b7

    The MIL Network –

  • MIL-OSI Canada: Federal government partnering with Siemens Canada to establish new R&D centre in Oakville, Ontario

    Source: Government of Canada News

    Proposal would see the establishment of an R&D hub focused on battery technologies

    March 20, 2025 – Ottawa, Ontario

    The Government of Canada recognizes the critical role batteries and battery components play in the global movement toward a net-zero economy. As the world shifts to electric vehicles and cutting-edge technologies, the demand for batteries is surging, and Canada has a unique opportunity to capitalize on this demand by fostering strategic investments.

    Today, the Honourable Anita Anand, Minister of Innovation, Science and Industry, reaffirmed the government’s commitment to building Canada’s clean energy future by announcing her support for Siemens Canada’s proposal to establish a Global AI Manufacturing Technologies R&D Centre for Battery Production in Canada. This centre will focus on pioneering research and development aimed at advancing battery efficiency and production methods, ensuring Canada remains competitive in the race to lead the clean energy revolution.

    By supporting this initiative, the Government of Canada is positioning the country as a global leader in the battery industry and reinforcing its commitment to building a robust national ecosystem. This project will foster collaboration between academia, industry leaders and researchers to accelerate battery innovations, solidifying Canada’s role as a key player in the green economy.

    This announcement is a significant step in the government’s strategy to strengthen Canada’s position in the global supply chain, reduce emissions and build a clean, competitive economy that delivers good jobs and lasting prosperity for Canadians. The Government of Canada is sending a clear message: We are committed to a cleaner, more resilient future, and we will take bold action to ensure Canada thrives in a low-carbon world.

    MIL OSI Canada News –

  • MIL-OSI Europe: President calls for Europe to increase its collective deterrent

    Source: France-Diplomatie – Ministry of Foreign Affairs and International Development

    Published on March 20, 2025

    Statement by M. Emmanuel Macron, President of the Republic, in Berlin (excerpts) (March 18, 2025)

    Check against delivery)

    Thank you very much, Chancellor, cher Olaf. (…)

    I’d like to return to a few points – first of all, to congratulate you on the Bundestag’s historic vote, which is good news for Germany and good news for Europe. It’s good news because it will enable us to do more for defence and investments, and we need that. Secondly, to get back to the issue of Ukraine, we’re continuing to support the Ukrainian army in its war of resistance against the Russian aggression, and we’re right to be doing so. We’re also in the process of raising funding that we’re fully committed to. I’m thinking of the European share of the G7 loan, and the €18 billion of revenues from frozen Russian assets to finance military support in particular. And it’s important to continue lending support at this time, when Russia has been stepping up the conflicts in recent days and again in recent hours, and continue standing by the Ukrainian people and their defence.

    You’re aware of what our position is. We were upholding peace, I would say, before the first day, because both of us did everything together in February 2022 to prevent a further operation after the annexation of Crimea and the initial, partial annexation of the Donbas that followed the operations of 2014. And so we’ve always been on the side of peace. In this regard, we mustn’t give in to any sort of inversion of values or discourse. That’s the historic role of Germany and France together and of Europe as a whole alongside the Ukrainians. The latest discussions are a step in the right direction, and indeed we want a solid, lasting settlement for Ukraine and for security in Europe.

    And in this regard, thanks to the work with the United Kingdom and Germany we have, I believe, done some useful work to persuade President Zelenskyy, and I believe he made a very good decision to have the courage to take a peace initiative with President Trump by agreeing to a 30-day ceasefire. The Chancellor has reported on the discussions we had before that conference. The first stages are being put in place, but the goal must remain the same: to have a measurable, verifiable ceasefire that is fully complied with, and to begin detailed, full peace talks that will allow for a solid, lasting peace and the guarantees that go with it. That’s still our aim. And obviously it’s inconceivable without the Ukrainians being around the table. That’s what we’ve also steadfastly argued for.

    In addition to Ukraine, on defence, tomorrow the Commission will present its White Paper, and there again our shared desire is to speed up the implementation of the plan we validated at the Council a few days ago, roll out the speediest and most efficient processes in order to have joint programmes, and basically continue defending ourselves, defending ourselves better, increasing our collective deterrence capabilities, and doing so by developing more equipment and capabilities in Europe – which means joint research, joint programmes, more simplicity and more speed. But this European added value which tends towards the strategic autonomy we both uphold is absolutely critical for us. It’s what we launched together in March 2022 with the so-called Versailles agenda, following the Russian aggression.

    We’re now in the implementation and action phase for issues of defence, production, joint procurement, simplification, standardization, and the release of available funding by the European Investment Bank and our national budgetary capabilities. On the issue of the economy – and the one doesn’t go without the other, because there’s no strategic autonomy in terms of defence and security unless Europe is also strongly competitive –, together we built in Meseberg a road map which is strategic for us, which remains totally valid as the Chancellor pointed out, which also, to a great extent, inspired the Commission’s guidelines, and which is also being rolled out, precisely with necessary reforms for simplification. And in this regard, the decisions at the end of February are a step in the right direction: regulatory simplification, lightening the burden, support for industry, clean tech, artificial intelligence, defending the plans for the automotive industry and for steel presented in recent days to our European manufacturers, and for the chemical industry of course, which all go in the same direction, which are support measures in the face of the world’s deregulation, measures of simplification, measures for greater competitiveness.

    In addition to simplification, strengthening the single market, defence policies and safeguarding clauses, we obviously built a historic agreement in Meseberg on the union of capital markets, with the desire in fact for European savings to fully finance major European innovation and investment projects. On each of these points we’re working together.

    And the Chancellor’s been very comprehensive – I don’t want to paraphrase him here – but I wanted to come back to these few points before this summit, which will essentially be about Ukraine, the implementation of our defence strategy and competitiveness. So we’ll meet again the day after tomorrow to continue this work, and certainly in the coming days and weeks, to continue not only this work for Europe but also this joint action alongside Ukraine for the sovereignty of our Ukrainian friends and the defence and security of all us Europeans. (…)./.

    MIL OSI Europe News –

  • MIL-OSI Security: CEO Of Georgia HVAC Company Charged With Illegally Importing Harmful Greenhouse Gases Into The United States

    Source: Office of United States Attorneys

    TRENTON, N.J. – The chief executive officer of a Georgia-based HVAC company has been charged with illegally importing 500 cylinders of potent greenhouse gases known as hydrofluorocarbons (HFCs) into the United States from Peru, U.S. Attorney John Giordano announced today. This case is the second prosecution in the United States under the AIM Act, and the first prosecution of a corporate executive.

    William Randolph Hires a/k/a “Randy Hires,” 57, of Woodstock, Georgia and Lima, Peru, is charged by complaint with violating the American Innovation and Manufacturing Act (AIM Act) by unlawfully importing 500 cylinders of HFCs. Hires appeared today before U.S. Magistrate Judge André M. Espinosa in Newark federal court.

    HFCs include refrigerants used in heating, ventilation, and air conditioning systems commonly known as “Freon.” The global warming impact of an HFC can be hundreds to thousands of times greater than carbon dioxide. Because of this, in 2020 Congress enacted the AIM Act, which authorizes the Environmental Protection Agency (EPA) to phase down the production and consumption of HFCs by 85 percent over time. 

    “The defendant’s actions in this case not only violated the AIM Act and created a threat to the environment they also unfairly disadvantaged other law-abiding U.S. businesses,” said Dan Meyers, Acting Assistant Special Agent in Charge for the Environmental Protection Agency’s Criminal Investigation Division. “Today’s charges send a clear message: Enforcement of the law protects our air, land, and water, ensuring a brighter future for our citizens and a level playing field for American businesses and workers.”

    “Hires disregarded our nation’s environmental laws and put our country at risk with shipments containing potent greenhouse gases,” said ICE HSI Newark Special Agent in Charge Ricky J. Patel. “HSI Newark successfully conducts investigations into violations of U.S. import and export laws to ensure national security and protect the public’s health and safety. We will hold individuals and corporations accountable for violating global trade regulations.”
    According to documents filed in this case and statements made in court:

    In April 2022, on behalf of his company, Hires purchased 500 cylinders of HFCs in Peru. Over the next several months, EPA officials explained to Hires’s employees that, under the AIM Act and its implementing regulations, Hires’s company could not lawfully import the HFCs to the United States because it did not have the required EPA-issued allowances. In a July 22, 2022 email to one of Hires’s employees, an EPA official stated, in substance, “it is not possible to import bulk HFCs without consumption allowances.”

    Hires’s employees conveyed this information from the EPA to Hires on several occasions. On one occasion, an employee forwarded to Hires an email that the employee had received from an EPA official which stated, “[t]he HFC you listed (R-410A) is a regulated substance. So if you do not have allowances, you cannot import those bulk HFC refrigerants.” In another email exchange between Hires and an employee, the employee informed Hires that, based on a video conference the employee had with EPA officials, shipping without the necessary allowances would violate import laws so “[i]t is out of our hands.”

    Hires nevertheless instructed his employees to illegally import the HFCs into the United States. In a July 28, 2022 email, Hires stated to his employees: “[y]eah you have to be careful what agencies you’re reaching out to because the EPA . . . can create a hassle and they can hold our stuff up in customs there[.]” In a subsequent email, Hires instructed his employees to “get [the HFCs] on the ship and get it out to sea . . . don’t care what it takes[.]” Hires later instructed his employees via email: “Do not call the EPA please do not.”  

    The violation of the AIM Act with which Hires is charged carries a maximum potential penalty of 5 years in prison and a $250,000 fine.

    U.S. Attorney John Giordano credited special agents of the Environmental Protection Agency-Criminal Investigation Divisions, under the direction of Acting Assistant Special Agent in Charge Dan Meyers;  special agents of the U.S. Department of Homeland Security, Homeland Security Investigations, New Jersey Division, under the direction of Special Agent in Charge Ricky J. Patel; and officers of U.S. Customs and Border Protection, under the direction of Francis J. Russo, Director of Field Operations, New York Field Office, with the investigation leading to today’s charge.

    The government is represented by Assistant U.S. Attorneys Jessica R. Ecker and Bernard J. Cooney of the Health Care Fraud Unit, and Senior Trial Counsel Barbara Ward of the Asset Recovery and Money Laundering Unit, in Newark, and Trial Attorney Ronald A. Sarachan of the Environmental Crimes Section of the U.S. Department of Justice Environmental and Natural Resources Division.

    The charge and allegations contained in the complaint are merely accusations, and the defendant is considered innocent unless and until proven guilty.
     

    MIL Security OSI –

  • MIL-OSI: NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    WHITE PLAINS, N.Y., March 20, 2025 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about May 6, 2025 to shareholders of record as of the close of business on April 7, 2025.

    “We are pleased to increase our quarterly dividend to shareholders,” said Kenneth A. Martinek, Chairman and Chief Executive Officer of the Company. “The payment of dividends continues to represent one part of our long-term commitment to enhancing shareholder value.”

    About NorthEast Community Bancorp, Inc.

    NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit www.necb.com.

    Cautionary Note About Forward-Looking Statements

    This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause actual results to differ materially from expected results include, but are not limited to, changes in market interest rates, regional and national economic conditions (including higher inflation and its impact on regional and national economic conditions), legislative and regulatory changes, monetary and fiscal policies of the United States government, including policies of the United States Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, decreases in deposit levels necessitating increased borrowing to fund loans and securities, competition, demand for financial services in NorthEast Community Bank’s market area, changes in the real estate market values in NorthEast Community Bank’s market area, the impact of failures or disruptions in or breaches of the Company’s operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns, and changes in relevant accounting principles and guidelines. Additionally, other risks and uncertainties may be described in our annual and quarterly reports filed with the U.S. Securities and Exchange Commission (the “SEC”), which are available through the SEC’s website located at www.sec.gov. These risks and uncertainties should be considered in evaluating any forward-looking statements and undue reliance should not be placed on such statements. Except as required by applicable law or regulation, the Company does not undertake, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events.

       
    CONTACT: Kenneth A. Martinek
      Chairman and Chief Executive Officer
    PHONE: (914) 684-2500
       

    The MIL Network –

  • MIL-OSI: Lánasjóður sveitarfélaga – Niðurstaða aðalfundar

    Source: GlobeNewswire (MIL-OSI)

    Aðalfundur Lánasjóðs sveitarfélaga ohf. var haldinn bæði rafrænt og með hefðbundnum hætti 20. mars 2025 kl. 16:00.

    Helstu niðurstöður fundarins:

    1.  Ársreikningur 2024 lagður fram til afgreiðslu

    Aðalfundur samþykkti ársreikning félagsins vegna ársins 2024.

    2.  Ákvörðun um greiðslu arðs

    Aðalfundur samþykkti tillögu stjórnar sem hljóðaði svo: „Stjórn sjóðsins leggur til að á árinu 2025 verði ekki greiddur út arður vegna afkomu 2024 til hluthafa til að styrkja stöðu sjóðsins og tryggja vöxt eigin fjár.“

    3.  Tillaga stjórnar um breytingar á samþykktum Lánasjóðsins

    Engar tillögur lágu fyrir fundinum.

    4.  Tillaga um starfskjarastefnu

    Starfskjarastefna var samþykkt en engar breytingar eru á starfskjarastefnunni frá fyrra ári.

    5.  Kosning stjórnar skv. 15 gr. samþykkta félagsins

    Í stjórn félagsins voru kjörin:

    Aðalmenn:

    · Kristinn Jónasson, bæjarstjóri í Snæfellsbæ, var sjálfkjörinn formaður stjórnar

    · Íris Róbertsdóttir, bæjarstjóri í Vestmannaeyjum

    · Halldóra Káradóttir, sviðsstjóri fjármála- og áhættustýringarsviðs Reykjavíkurborgar

    · Guðmundur B. Guðmundsson, fyrrum formaður bæjarráðs Akureyrarbæjar

    · Fannar Jónasson, bæjarstjóri í Grindavík

    Varamenn:

    · Helgi Hlynur Ásgrímsson, sveitarstjórnarfulltrúi í Múlaþing

    · Jóhanna Ösp Einarsdóttir, oddviti Reykhólahrepps

    · Katrín Sigurjónsdóttir, sveitarstjóri Norðurþings

    · Grímur R. Lárusson, sveitarstjórnarfulltrúi í Húnabyggð 

    · Fjóla St. Kristinsdóttir, sveitarstjóri Grímsness- og Grafningshrepps

    6.  Kosning tilnefningarnefndar

    Í tilnefningarnefnd voru kosin:

    · Magnús B. Jónsson, formaður

    · Aldís Hafsteinsdóttir

    · Þórdís Lóa Þórhallsdóttir 

    7.  Kosning utanaðkomandi fulltrúa í endurskoðunarnefnd

    Þórdís Sveinsdóttir var kosin utanaðkomandi fulltrúi í endurskoðunarnefnd

    8.  Kosning endurskoðanda eða endurskoðunarfyrirtækis

    Aðalfundur kaus endurskoðunarfyrirtækið KPMG sem endurskoðanda félagsins fyrir árið 2025.

    9.  Tillaga um laun stjórnar og undirnefndar stjórnar

    Aðalfundur samþykkti tillögu stjórnar um stjórnarlaun þannig að stjórnarlaun verði kr. 205.960 fyrir hvern mánuð og taki breytingum miðað við launavísitölu 1. janúar n.k. Laun varaformanns verða 1,25-föld mánaðarlaun stjórnarmanna og laun formanns verða 1,5-föld mánaðarlaun stjórnarmanna. Varamenn í stjórn skulu fá laun fyrir hvern setinn fund, sem eru jöfn mánaðarlaunum stjórnarmanns.

    Önnur mál voru ekki borin upp.

    Nánari upplýsingar veitir Óttar Guðjónsson, framkvæmdastjóri, ottar@lanasjodur.is / s. 515 4949

    The MIL Network –