In a key decision, the central board of trustees of the Employees’ Provident Fund Organisation (EPFO), in its 236th meeting chaired by labour minister Mansukh Mandaviya on Saturday, approved reinvesting 50% of its redemption proceeds from exchange traded funds (ETFs) back into equities. The board also recommended to the Union government a national EPFO amnesty scheme 2024 for all types of employers to voluntarily declare non-compliance and non-payment of provident fund dues with zero penalties and legal proceedings, a member said. The new investment pattern is expected to earn better returns for the state-backed retirement fund manager’s investments, which are used to decide the interest rate for retirement savings of nearly 70 million employees in the formal sector. The interest rate is a widely watched metric. This was the 42-member board’s first meeting in the current fiscal year. In the last meeting of the board, the top decision-making body of the EPFO, held in February, it approved an interest rate of 8.25% for FY24. According to official data, total investments by the retirement fund body into the ETFs crossed ₹ 2.3 lakh crore by March 2024, which is 9.49% of its total investible corpus. An exchange-traded fund is a pooled investment instrument that can be bought and sold like an individual stock. Provident funds provide retirement income for nearly all of salaried Indians in the formal sector. It often is the key corpus of lifetime savings for the working people. The Covid pandemic had pressured the EPFO’s earnings. Throughout 2022-23, an almost globally synchronised increase in lending rates by central banks, which has an inverse relationship with bond returns, tightened investment earnings for the EPFO. The EPFO is mandated to invest in stock markets, especially exchange-traded funds.
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The USS Zumwalt is at a Mississippi shipyard where workers have installed missile tubes that replace twin turrets from a gun system that was never activated because it was too expensive. Once the system is complete, the Zumwalt will provide a platform for conducting fast, precision strikes from greater distances, adding to the usefulness of the warship. “It was a costly blunder. But the Navy could take victory from the jaws of defeat here, and get some utility out of (the ships) by making them into a hypersonic platform,” said Bryan Clark, a defence analyst at the Hudson Institute. The US has had several types of hypersonic weapons in development for the past two decades, but recent tests by both Russia and China have added pressure to the US military to hasten their production. Hypersonic weapons travel beyond Mach 5, five times the speed of sound, with added manoeuvrability making them harder to shoot down. Last year, The Washington Post newspaper reported that among the documents leaked by former Massachusetts Air National Guard member Jack Teixeira was a defence department briefing that confirmed China had recently tested an intermediate-range hypersonic weapon called the DF-27. While the Pentagon had previously acknowledged the weapon’s development, it had not recognised its testing. One of the US programmes in development and planned for the Zumwalt is the Conventional Prompt Strike. It would launch like a ballistic missile and then release a hypersonic glide vehicle that would travel at speeds seven to eight times faster than the speed of sound before hitting the target. The weapon system is being developed jointly by the Navy and Army. Each of the three Zumwalt-class destroyers would be equipped with four missile tubes, each with three of the missiles for a total of 12 hypersonic weapons per ship. In choosing the Zumwalt, the Navy is attempting to add to the usefulness of a 7.5 billion US dollars (£5.9 billion) warship that is considered by critics to be an expensive mistake despite serving as a test platform for multiple innovations. The Zumwalt was envisioned as providing land-attack capability with an advanced gun system with rocket-assisted projectiles to open the way for Marines to charge ashore. But the system featuring 155mm guns hidden in stealthy turrets was cancelled because each of the rocket-assisted projectiles cost up to one million dollars (£790,000). Despite the stain on their reputation, the three Zumwalt-class destroyers: Zumwalt, Michael Monsoor and Lyndon B Johnson; remain the Navy’s most advanced surface warships in terms of new technologies. Those innovations include electric propulsion, an angular shape to minimise radar signature, an unconventional wave-piercing hull, automated fire and damage control and a composite deckhouse that hides radar and other sensors. The US is accelerating development because hypersonics have been identified as vital to US national security with “survivable and lethal capabilities”, said James Weber, principal director for hypersonics in the Office of the Assistant Secretary of Defense for Critical Technologies. “Fielding new capabilities that are based on hypersonic technologies is a priority for the defence department to sustain and strengthen our integrated deterrence, and to build enduring advantages,” he said.Rob Cross has apologised for the gesture he made during his loss to pal Scott Williams on Monday - as he hopes to avoid punishment from the Darts Regulation Authority. The 2018 world champion was dumped out of this year’s World Darts Championship in the second round as he became another big name to be eliminated early from the competition. Cross fell to a 3-1 loss to Williams, becoming the 14th seeded player to have already been knocked out, following the likes of Michael Smith, Dave Chisnall, James Wade, Gian van Even and Raymond van Barneveld. But Cross, 34, could be in hot water after appearing to imitate a sexual act during his defeat - a gesture caught live on camera during Sky Sports’ coverage. Cross has now broken his silence on both his defeat and that moment, taking to social media to declare: “Massively disappointed to lose out to my friend Scott Williams. Good luck to him for the rest of the tournament. “I made a gesture to my manager about how annoyed I was with my performance. If it offended anyone, I apologise. Merry Christmas .” Williams is now set to take on Germany's Ricardo Pietreczko in the third round and he is feeling confident about his chances. "It's so tough, because Rob is one of my closest friends," Williams admitted after beating Cross. "Neither of us were great tonight, but Rob missed doubles and gave me a chance, so when you get given opportunities, you've got to take it. I'm always confident, regardless of who I'm playing, but I'm just looking forward to having Christmas with the family now." Williams was a semi-finalist 12 months ago, before losing to eventual winner Luke Humphries. And certainly, he saves his best performances for the major events. He said pre-tournament: "People have joked, calling me the Michael Buble of darts because I only turn up in October, November and December! Over the last couple of years, that is about right. "I want to try and change that next year by getting into a couple more TV events, just to take my game to the next level. It's about finding consistency with my practice.”
Israel committed genocide against Palestinians: Amnesty
From resistance to reality, why India must embrace GM technologyCD Bioparticles Announces Enhanced Online Ordering System for Improved Customer Experience 12-16-2024 07:54 PM CET | Health & Medicine Press release from: ABNewswire CD Bioparticles launches its significantly enhanced online ordering system. CD Bioparticles, a leading manufacturer and supplier of numerous drug delivery products and services, recently unveiled its significantly enhanced online ordering system [ https://www.cd-bioparticles.net/ ]. This latest update on the website aims to streamline the ordering process for customers, demonstrating CD Bioparticles' commitment that prioritize customer experience, while also creating greater workflow control, making it more efficient and user-friendly. Nanotechnology has unlocked groundbreaking advancements in drug delivery, disease diagnostics and laboratory technologies by synthesizing and manipulating substances at the nanoscale. However, industry and research laboratories face challenges in analyzing complex and diverse samples and require sensitive and reliable drug delivery systems to provide consistent results in support of analytical studies and assays. Since its inception, CD Bioparticles has been committed to developing and providing cutting-edge technologies to advance drug discovery and development. To enhance the customer shopping experience and save time when placing orders, CD Bioparticles has deliberately updated the ordering system on its website to make it easier for customers to purchase all types of drug delivery products. Transparent Pricing & Direct Ordering Firstly, pricing information is provided on the website in a clear and concise manner, making it easy for customers to compare prices and find their favourite products. Customers now can know the cost in advance and make informed purchasing decisions more efficiently. In addition, customers can order directly from the CD Bioparticles website when they find a product they are looking for. No more waiting for price confirmation, just add items to the cart and proceed to check out. Account Registration & Guest Checkout To simplify the shopping process for customers, CD Bioparticles invites all customers to register for an account on the website. With an account, customers can save their preferences, view their order history and enjoy a faster checkout process. Certainly, CD Bioparticles also understands that some customers may not wish to register. Visitors can still shop quickly and efficiently without creating an account. This update reflects the company's commitment to providing its customers with the best possible experience, which will significantly improve order accuracy, reduce processing time, and enhance overall customer satisfaction. Additionally, CD Bioparticles believes that its customers will benefit from the many advantages of its enhanced online ordering system, and encourages all customers to explore the new system and experience the difference for themselves. CD Bioparticles is focused on improving the efficiency and accuracy of drug drug delivery research in the biopharmaceutical industry, delivering faster and more reliable results. To learn more about CD Bioparticles' innovative drug delivery solutions and its newly launched ordering system, please visit https://www.cd-bioparticles.net/ . About CD Bioparticles CD Bioparticles is an established drug delivery company that provides customized solutions for developing and manufacturing novel biocompatible drug delivery systems. It specializes in various formulation and drug delivery technologies, from conventional liposomes and PEGylated liposomes to polymer microspheres and nanoparticles for drug delivery. The company also provides contract research services for drug delivery formulation, formulation feasibility study, process development and scale-up, as well as analytical and non-clinical research services. Media Contact Company Name: CD Bioparticles Contact Person: Richard J. Gray Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=cd-bioparticles-announces-enhanced-online-ordering-system-for-improved-customer-experience ] State: New York Country: United States Website: https://www.cd-bioparticles.net/ This release was published on openPR.
(The Center Square) – The University System of Georgia’s Board of Regents has recommended a number of new and revised policies for its institutions, such as a commitment to institutional neutrality, the prohibiting of DEI tactics, and a mandatory education in America’s founding documents. The University System of Georgia (USG) is made up of Georgia’s 26 public colleges and universities as well as Georgia Archives and the Georgia Public Library Service. “USG institutions shall remain neutral on social and political issues unless such an issue is directly related to the institution’s core mission,” the board’s proposed revisions read . “Ideological tests, affirmations, and oaths, including diversity statements,” will be banned from admissions processes and decisions, employment processes and decisions, and institution orientation and training for both students and employees. “No applicant for admission shall be asked to or required to affirmatively ascribe to or opine about political beliefs, affiliations, ideals, or principles, as a condition for admission,” the new policy states. Additionally, USG will hire based on a person’s qualifications and ability. “The basis and determining factor” for employment will be “that the individual possesses the requisite knowledge, skills, and abilities associated with the role, and is believed to have the ability to successfully perform the essential functions, responsibilities, and duties associated with the position for which the individual is being considered.” Beginning in the 2025-2026 academic year, the school’s civic instruction will require students to study founding American documents among other things. USG students will learn from the Declaration of Independence, the United States Constitution and Bill of Rights, the Articles of Confederation, the Federalist Papers, the Gettysburg Address, the Emancipation Proclamation, and Martin Luther King Jr.’s Letter from Birmingham Jail, as well as the Georgia Constitution and Bill of Rights. When reached for comment, the Board of Regents told The Center Square that “these proposed updates strengthen USG’s academic communities.” The recommended policies allow a campus environment “where people have the freedom to share their thoughts and learn from one another through objective scholarship and inquiry,” and “reflect an unyielding obligation to protect freedom, provide quality higher education and promote student success,” the board said. The board told The Center Square that it proposed strengthening “the requirements for civics instruction” with the inclusion of “foundational primary sources” because of higher education’s duty to students. Colleges and universities “must prepare [students] to be contributing members of society and to understand the ideals of freedom and democracy that make America so exceptional,” the board said. As for ditching DEI, the board explained that “equal opportunity and decisions based on merit are fundamental values of USG.” “The proposed revisions among other things would make clear that student admissions and employee hiring should be based on a person’s qualifications, not his or her beliefs,” the board said. The Board of Regents also said it wants to “ensure [its] institutions remain neutral on social and political issues while modeling what it looks like to promote viewpoint diversity, create campus cultures where students and faculty engage in civil discourse, and the open exchange of ideas is the norm.” USG’s Board of Regents recently urged the NCAA to ban transgender-identifying men from participating in women’s sports, in line with the NAIA rules, The Center Square previously reported .Emboldened 'manosphere' accelerates threats and demeaning language toward women after US electionAndy Murray enters new chapter with Novak Djokovic as coach of long-time rival
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NBA Spread and Total Picks for Today, December 25Washington Capitals captain Alex Ovechkin is expected to miss the next four to six weeks after sustaining a fractured left fibula, the team announced Thursday. The injury pauses Ovechkin's pursuit of Wayne Gretzky's all-time NHL goals record. On Tuesday, the Capitals had said Ovechkin would be week-to-week with what was then described as a lower-body injury. He was expected to meet with team physicians Wednesday before getting a more complete diagnosis. The 39-year-old superstar left winger left the team's 6-2 win Monday against the Utah Hockey Club after colliding with Utah forward Jack McBain . With 14:30 remaining in the third period, Ovechkin and McBain turned toward a loose puck before their left knees connected with each other. Ovechkin dropped to the ice where he was on his hands and knee. He tried to balance himself to get up but remained on the ice for a few more seconds. Editor's Picks Countdown to 894: The Alex Ovechkin goal-scoring tracker 2d ESPN staff NHL Future Power Rankings: Predicting best, worst teams for the next three seasons 2d Ryan S. Clark, +2 More Grading our preseason bold predictions for every NHL team: What we nailed, what we missed 8h Greg Wyshynski A Capitals athletic trainer came onto the ice and helped escort Ovechkin, who appeared to have all his weight on his right leg, back to the bench. Once Ovechkin was on the bench, he could be seen limping before taking a seat. He eventually went to the athletic trainers' room to receive treatment. While the collision appeared to be an accident, it led to Capitals forward Tom Wilson challenging and then fighting McBain later in the period. Ovechkin's injury not only suspends his pursuit of Gretzky's record, but it also comes amid the Capitals' strong start that could still see them reach the playoffs for a consecutive season. Ovechkin, who has 868 career goals, is 24 goals shy of tying Gretzky's record and was on pace for what would have been a new career high of 68 goals in a single season. Prior to the injury, Ovechkin scored twice against Utah for his 14th and 15th goals of the season. It's the most goals he has scored through his first 18 games, and he continues to lead the NHL in goals for the first time since January 2022. His two-goal game against Utah also marked his 17th multi-goal road game, which is 17 more than any other player in NHL history. Entering Thursday, the Capitals (13-4-1) were second in the Metropolitan Division and were a point behind the Carolina Hurricanes for first place. If the initial four- to six-week timeline holds, the earliest Ovechkin could return would be Dec. 20 against the Hurricanes.By BEN FINLEY The Christmas tradition has become nearly global in scope: Children from around the world track Santa Claus as he sweeps across the earth, delivering presents and defying time. Related Articles National News | Heavy travel day off to a rough start after American Airlines briefly grounds all flights National News | Prosecutors withdraw appeal of dismissed case against Alec Baldwin in fatal movie set shooting National News | Today in History: December 24, former defense secretary pardoned in Iran-Contra scandal National News | Judge rules Arkansas law allowing criminal charges against librarians is unconstitutional National News | Bill Clinton is hospitalized with a fever but in good spirits, spokesperson says Each year, at least 100,000 kids call into the North American Aerospace Defense Command to inquire about Santa’s location. Millions more follow online in nine languages , from English to Japanese. On any other night, NORAD is scanning the heavens for potential threats , such as last year’s Chinese spy balloon . But on Christmas Eve, volunteers in Colorado Springs are fielding questions like, “When is Santa coming to my house?” and, “Am I on the naughty or nice list?” “There are screams and giggles and laughter,” said Bob Sommers, 63, a civilian contractor and NORAD volunteer. Sommers often says on the call that everyone must be asleep before Santa arrives, prompting parents to say, “Do you hear what he said? We got to go to bed early.” NORAD’s annual tracking of Santa has endured since the Cold War , predating ugly sweater parties and Mariah Carey classics . The tradition continues regardless of government shutdowns, such as the one in 2018 , and this year . Here’s how it began and why the phones keep ringing. It started with a child’s accidental phone call in 1955. The Colorado Springs newspaper printed a Sears advertisement that encouraged children to call Santa, listing a phone number. A boy called. But he reached the Continental Air Defense Command, now NORAD, a joint U.S. and Canadian effort to spot potential enemy attacks. Tensions were growing with the Soviet Union, along with anxieties about nuclear war. Air Force Col. Harry W. Shoup picked up an emergency-only “red phone” and was greeted by a tiny voice that began to recite a Christmas wish list. “He went on a little bit, and he takes a breath, then says, ‘Hey, you’re not Santa,’” Shoup told The Associated Press in 1999. Realizing an explanation would be lost on the youngster, Shoup summoned a deep, jolly voice and replied, “Ho, ho, ho! Yes, I am Santa Claus. Have you been a good boy?” Shoup said he learned from the boy’s mother that Sears mistakenly printed the top-secret number. He hung up, but the phone soon rang again with a young girl reciting her Christmas list. Fifty calls a day followed, he said. In the pre-digital age, the agency used a 60-by-80 foot (18-by-24 meter) plexiglass map of North America to track unidentified objects. A staff member jokingly drew Santa and his sleigh over the North Pole. The tradition was born. “Note to the kiddies,” began an AP story from Colorado Springs on Dec. 23, 1955. “Santa Claus Friday was assured safe passage into the United States by the Continental Air Defense Command.” In a likely reference to the Soviets, the article noted that Santa was guarded against possible attack from “those who do not believe in Christmas.” Some grinchy journalists have nitpicked Shoup’s story, questioning whether a misprint or a misdial prompted the boy’s call. In 2014, tech news site Gizmodo cited an International News Service story from Dec. 1, 1955, about a child’s call to Shoup. Published in the Pasadena Independent, the article said the child reversed two digits in the Sears number. “When a childish voice asked COC commander Col. Harry Shoup, if there was a Santa Claus at the North Pole, he answered much more roughly than he should — considering the season: ‘There may be a guy called Santa Claus at the North Pole, but he’s not the one I worry about coming from that direction,’” Shoup said in the brief piece. In 2015, The Atlantic magazine doubted the flood of calls to the secret line, while noting that Shoup had a flair for public relations. Phone calls aside, Shoup was indeed media savvy. In 1986, he told the Scripps Howard News Service that he recognized an opportunity when a staff member drew Santa on the glass map in 1955. A lieutenant colonel promised to have it erased. But Shoup said, “You leave it right there,” and summoned public affairs. Shoup wanted to boost morale for the troops and public alike. “Why, it made the military look good — like we’re not all a bunch of snobs who don’t care about Santa Claus,” he said. Shoup died in 2009. His children told the StoryCorps podcast in 2014 that it was a misprinted Sears ad that prompted the phone calls. “And later in life he got letters from all over the world,” said Terri Van Keuren, a daughter. “People saying ‘Thank you, Colonel, for having, you know, this sense of humor.’” NORAD’s tradition is one of the few modern additions to the centuries-old Santa story that have endured, according to Gerry Bowler, a Canadian historian who spoke to the AP in 2010. Ad campaigns or movies try to “kidnap” Santa for commercial purposes, said Bowler, who wrote “Santa Claus: A Biography.” NORAD, by contrast, takes an essential element of Santa’s story and views it through a technological lens. In a recent interview with the AP, Air Force Lt. Gen. Case Cunningham explained that NORAD radars in Alaska and Canada —- known as the northern warning system — are the first to detect Santa. He leaves the North Pole and typically heads for the international dateline in the Pacific Ocean. From there he moves west, following the night. “That’s when the satellite systems we use to track and identify targets of interest every single day start to kick in,” Cunningham said. “A probably little-known fact is that Rudolph’s nose that glows red emanates a lot of heat. And so those satellites track (Santa) through that heat source.” NORAD has an app and website, www.noradsanta.org , that will track Santa on Christmas Eve from 4 a.m. to midnight, mountain standard time. People can call 1-877-HI-NORAD to ask live operators about Santa’s location from 6 a.m. to midnight, mountain time.
Emboldened 'manosphere' accelerates threats and demeaning language toward women after US electionMerkel’s tricks for dealing with TrumpPresident Isaias underlined that policy forecasts and analysis must be predicated on the wider framework of global and geopolitical realities that have unfolded in the past three decades. In this perspective, President Trump’s signature policy stance of MAGA (Make America Great Again) contains an implicit recognition that the US is not the dominant power – in terms of key economic, military, technological and influence/soft power parameters – as envisaged by the architects of a uni-polar world order whose hallmark was unassailable and overbearing US dominance in all the determinant parameters and manifestations of power. US containment policies, primarily geared towards China due to its rising pre-eminence in the economic and technological domains and growing international influence as well as against Russia have not evidently achieved their pronounced objectives. It is doubtful now whether envisaged protectionist policies will reverse the trend. The aspiration of the vast majority of the world’s peoples is for a new international order based on justice and that promotes fairness and the collective well-being of humanity; not architectures of confrontation under the rubric of bi-polarity or multi-polarity. Within this broad framework, and as one cannot throw the dice to decipher, at this early stage, or map-out all the possible scenarios on how the policy of the Trump Administration will ultimately pan out, it would be inappropriate to make premature conclusions And while doing our homework, we must strive to foster constructive engagement with an open mind. President Isaias underlined Sudan’s pivotal regional status as well as its historical ties with Eritrea that goes back to the period of the liberation struggle. Religious agendas coupled with external meddling precipitated cyclical crises in the country culminating in the spontaneous rebellion of 2019. While the solution to the conflict in the Sudan naturally rests with, and remains the sovereign prerogative of the Sudanese people, this cannot inhibit us from making modest contributions due to our historical ties and overarching policy of promoting a stable and safe neighborhood. In this spirit, Eritrea had originally submitted its non-controversial and widely accepted proposal in mid-2022. The broad outlines of the proposal essentially envisaged entrusting the transition to the Sovereign Council – which had in fact earned the mandate if only by default – and which would act as a bridge to a Safe Path to ensure that the situation does not spin out of control. This would also preclude potentially dangerous rivalries among fractious traditional political parties and groups. President Isaias further stressed that the war, which had no rationale in the first place and that has been fueled by external intervention, must come to an immediate end. External interventions and the proliferation of initiatives which essentially exacerbate the tragic situation must also come to an end. Efforts must be directed towards cultivating consensus in the region. President Isaias alluded to the intensive distortion and disinformation campaigns peddled in mainstream and social media on the event by external powers/pundits bent on stoking conflict in the region. These did not emanate from genuine concern for Ethiopia. The scheme involved deliberately ignoring or glossing over the true and positive dimensions of the Tripartite Summit for cultivating consensus for enduring regional stability. Eritrea’s core interests and attendant constant policies are predicated on fostering and pursuing an agenda of promoting stability, cooperation and complementarity in the wider Horn of Africa, Nile Basin and Red Sea neighbourhood. Eritrea has indeed no interest whatsoever to destabilize Ethiopia. Mutual consultations pursued at various levels among the countries of the wider neighborhood will dispel mistrust and create conducive climate for positive and fruitful interaction among the constituent parties. President Isaias underlined that focus on isolated current episodes and trends outside the underlying political framework will not be fruitful. The primary cause of the periodic tension and conflicts in Ethiopia as well as with its neighbours is the institutionalized policy of ethnic polarization enshrined in the constitution of 1994. This is a recipe for perpetual tension and cannot certainly promote nation-building. And if Ethiopia is not at peace with itself, it cannot contribute positively to regional stability, cooperation and complementarity. The border war between Eritrea and Ethiopia in 1998 on a presumed dispute in Badme etc. was, in essence, a byproduct or fallout of this misguided policy. The sanctity of inherited boundaries in Africa is not indeed controversial. The other dimension is, of course, external meddling which, in the case of the border war, continued to compound the problem even after the matter was settled through final and binding arbitration. The war that erupted after the installation of a new Federal Government with a pronounced policy of reform must also be seen within the same context. The TPLF rejected the reform agenda and opted for war which included attacking more than 70 targets in Eritrea with long-range rockets. Our pleas for them to refrain from unleashing this reckless war came to no avail. And even after the Pretoria Agreement, we have seen a new round of conflicts in the Amhara Region. Without going into extensive details, we have no interest in digressing into acrimonious allegations. Our primary preoccupation has always been to prevent and avoid costly wars. In this spirit, we will not loose hope and we have to work for and foster stability, cooperation and complementarity in the region. Also because, these problems essentially emanate from and serve external agendas. On Domestic Developmental Programmes President Isaias elaborated in greater detail, GOE’s developmental priorities as well as blueprints and operational plans in the critical sectors of water infrastructure, energy, housing, road transport, and investment for 2025. In water infrastructure, President Isaias described the extensive, nation-wide, water conservation programmes that have been implemented in the past years that include big dams with 330 million cubic meters as well as extensive network of smaller dams and water reservoirs. These were accompanied by rigorous re-afforestation programmes. Operational plans for 2025 and beyond include expansion of irrigation schemes. In energy, GOE’s approach revolved around installation of thermal, solar, wind as well as geothermal hybrid systems. Construction companies will be restructured for better implementation of new housing schemes. Similarly, the Government will invest in procurement of buses which will serve, especially depraved areas, at subsidized prices. The Government will also redouble its efforts to revitalize the manufacturing sector geared on value-addition. In investment, the GOE will encourage private local investment and especially from the Diaspora, who may have better financial capabilities, not only in traditional hospitality sector but also in agriculture, manufacturing, mining, etc.
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