Electric vehicles to save $60 bn in fuel costs by 2030: Niti

May 12, 2017

New Delhi, May 12: Accelerated adoption of electric and shared vehicles could save USD 60 billion in diesel and petrol costs while cutting down as much as 1 gigatonne (GT) of carbon emissions for India by 2030, says a joint report released today by Niti Aayog.

It said however that the country faces challenges that signal the "gravitational pull of privately owned vehicles".

Electric

The report estimates that India can conservatively save up to 64 per cent of anticipated passenger mobilitity-related energy demand and 37 per cent of carbon emission by 2030.

"By 2030, this would result in an annual diesel and petrol reduction of 156 million tonnes of oil equivalent," said the report, 'India Leaps Ahead: Transformative Mobility Solution', produced by NITI Aayog and Rock Mountain Institute.

"At current oil prices, this would imply a net usual fuel cost saving of approximately 3.9 lakh crore by 2030," the report added.

Releasing the report, NITI Aayog CEO Amitabh Kant said whether ones likes it or not electric vehicles (EVs) will happen in India and this is inevitable.

"The challenge is how we do it quickly. How do we do it to scale and size," he said.Noting that the cost of battery is falling by about half every five years, he said that as a result in the next 4-5 years, the electric vehicles even with batteries would not be far more expensive than the petrol or diesel vehicle, while operational cost will be just 20 per cent of that of petrol vehicle.

Stressing that the government is fully committed to driving this electric vehicles programme, Kant said EVs will come into India in a big way in about a decade's time."But challenge is if we delay it then we will end up importing batteries instead of oil and it will be difficult for us to take leadership," he cautioned."So we should drive our own EVs programme, which will enable us to manufacture EVs," Kant added.

He also pointed out that quick volume alone will enable India EVs programme to succeed."And therefore aggregation of demand on a large scale is important. It's important that government drives it by focusing on government vehices and public vehicles," Kant said.

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Agencies
May 19,2020

Cybersecurity researchers on Monday warned of a Trojan malware campaign which is targeting India's co-operative banks using COVID-19 as a bait.

Seqrite, the enterprise arm of IT security firm Quick Heal Technologies, detected the new wave of Adwind Java Remote Access Trojan (RAT) campaign.

Researchers at Seqrite warned that if attackers are successful, they can take over the victim's device to steal sensitive data like SWIFT logins and customer details and move laterally to launch large scale cyberattacks and financial frauds.

According to the researchers, the Java RAT campaign starts with a spear-phishing email which claims to have originated from either the Reserve Bank of India or a nationalised bank.

The content of the email refers to COVID-19 guidelines or a financial transaction, with detailed information in an attachment, which is a zip file containing a JAR based malware.

Upon further investigation, researchers at Seqrite found that the JAR based malware is a Remote Access Trojan that can run on any machine which has Java runtime enabled and hence it can impact a variety of endpoints, irrespective of their base operating system.

Once the RAT is installed, the attacker can take over the victim's device, send commands from a remote machine, and spread laterally in the network.

In addition, this malware can also log keystrokes, capture screenshots, download additional payloads, and extract sensitive user information, Seqrite said, adding that such attack campaigns can effectively jeopardise the privacy and security of sensitive data at the co-operative banks and result in large scale attacks and financial frauds.

To prevent such attacks, users need to exercise ample caution and avoid opening attachments and clicking on web links in unsolicited emails.

Banks should also keep their operating systems updated and have a full-fledged security solution installed on all the devices, Seqrite advised.

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Agencies
January 19,2020

New Delhi, Jan 19: Messaging service WhatsApp which on Sunday faced issues in transmitting multimedia content including pictures and images, prompting social media users to share hilarious memes and messages, resumed regular services after over two hours.

#WhatsAppDown was the trending hashtag on Twitter for most part of Sunday afternoon in India along with several other countries such as Brazil, Europe and also parts of Middle-East including UAE, reported downdetector.in, a realtime problem and outage monitoring website.

Users of the popular messaging app were unable to send media files, stickers and GIFs.

Most users immediately went to Twitter to find out about the problem and check if others were facing the same issue.

Numerous tweets and memes took over the internet as soon as the news broke about the WhatsApp tech issue. After around two hours of technical glitch, the app resumed full service.

Even after full recovery of media transfer, people globally still continued checking the status of the messaging app.

WhatsApp has been one of the prime messaging apps since May 2009 and has recently collaborated with Facebook.

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Agencies
January 26,2020

New Delhi, Jan 26: Google on Sunday marked India's 71st Republic Day by dedicating a doodle illustrating the country's rich cultural heritage that permeates and unites the diverse nation.

From its world-famous landmarks like the Taj Mahal and India Gate, to the wide array of fauna such as its national bird (the Indian peafowl), to classical arts, textiles, and dances, the doodle, designed by Singapore-based artist Meroo Seth, brings together the rich cultural heritage of the country.

Republic Day marks the completion of India's transition towards becoming an independent republic after its constitution came into effect. The governing document had taken nearly three years of careful deliberation to finalise, and its eventual enactment was joyfully celebrated across the country.

While the Constitution was adopted by the Indian Constituent Assembly on 26 November 1949, it came into effect on January 26 -- a day when Declaration of Indian Independence (Purna Swaraj) was proclaimed by the Indian National Congress back in 1929, as opposed to the Dominion status offered by the British Regime.

Festivities embody the essence of diversity found in one of the world's most populous nations, celebrated over a three-day period with cultural events displaying national pride.

Last year's doodle on Republic Day, designed by artist Reshidev RK, had featured Rashtrapati Bhavan in the background along with a display of the country's iconic monuments and heritage.

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