Study by Cybersecurity firm Recorded Future found that China-linked hacker Group RedEcho targeted at least “10 distinct power sector organisations” with malware known as ShadowPad last year resulting in power shutdowns and loss of power to Mumbai’s metro network on 13 October 2020. The findings which were published on the firms website was reported by New York Times on Monday.
Digital payments in India have grown at a phenomenal speed, some accounts suggest that there has been an overall 60% rise in the use of digital payments since demonetisation
A central bank digital currency would be an electronic form of central bank money that could be used by households and businesses to make payments.
Digital currency does not have to replace bank notes in fact it will complement bank notes. Rs 500 digital currency would have the same value as Rs 500 physical note.
Unlike a flat currency, digital currency is by its nature traceable. Digital currencies can show the movement of money in an economy. It can build a record of the trail of transactions as it changes hands.
Digital currency can be programmed to reach a certain section of society in a very specific time. This will be a great tool for the government to reach out to backward classes of the country with specific schemes.
However, there are many challenges ahead such as creating a safe and protected infrastructure. Just as any algorithm is susceptible to hacking, digital currencies too are prone to hacking
Digital currency is a good move by the government and the RBI as it is the next and natural progression to a digital and cashless economy as envisioned by PM Narendra Modi.
On this day in 2019, the Indian Air Force fighter jets carried out cross-border airstrikes to pulverise the Jaish-e-Muhammad training camp situated deep inside Pakistan, in Balakot. The attack, first of its kind on Pakistani soil, was authorised in response to the Pulwama attack by the terrorists of Jaish-e-Muhammad on February 14, 2019, which claimed […]
In a joint statement on Feb 25, India and Pakistan have declared that both sides have agreed for strict observance of ceasefire along the Line of Control and all other sectors with effect from midnight 24/25 Feb 2021. The agreement comes a week after India and China pulled back troops from areas in Ladakh. The […]
Amidst growing concerns around lack of transparency, accountability and rights of users related to digital media the government of India has framed the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 to ensure that the Social media and OTT platforms follow the set laws and adhere to the Constitution of India. The […]
China said it supports India in hosting this year’s BRICS meeting. This will be the third time India will host the BRICS Summit after 2012 and 2016. Chinese Foreign Ministry spokesperson Wang Wenbin told media in Beijing on Monday that China will work with India and other members to strengthen communication and dialogue and consolidate […]
(Translated from the original in Kannada on Samvada.org) After the British left India, the princely state of Jammu and Kashmir ruled by Maharaja Hari Singh of the Dogra Dynasty acceded to the Union of India on October 26, 1947. Jammu and Kashmir has been an integral part of India since time immemorial. However, Pakistan’s nefarious […]
India’s Foreign Secretary Harsh Shringla in his interview to Kommersant newspaper on 18th February, 2021 spoke about the strategic partnership with Russia, challenges the world and the two countries are facing, relationship between the two countries in light of the QUAD and perceived growing closeness to US to counter China and a host of other issues.
Eight months after the deadly clash between Indian and Chinese troops at the Galwan valley, China for the first time has admitted that the People’s Liberation Army (PLA) lost four of its soldiers. The same was disclosed in a report by state-controlled People’s Daily. “Four Chinese soldiers, who were sacrificed in last June’s border conflict, […]
A group of 24 Foreign Heads of Missions, representing various geographical regions, visited the Union Territory to witness the changes on ground after the repeal of Article 370 and also interact with the leaders and elected representatives. The delegation includes envoys from Chile, Brazil, Cuba, Bolivia, Estonia, Finland, France, Ireland, Netherlands, Portugal, EU, Belgium, Spain, […]