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Human error remains top cause behind rising IT hacking incidents: Report

Human error remains top cause behind rising IT hacking incidents: Report

Human error remains a significant contributor as IT security incidents rise, with 15 per cent of respondents reporting frequent occurrences and an additional 35 per cent noting occasional lapses, a report said on Friday.

The report by CIO&Leader, in collaboration with research firm BM Nxt, indicates a growing recognition of the severe consequences of IT security incidents on business operations, data loss and financial performance.

High-impact ratings for business disruptions increased from 20 per cent to 24 per cent while data loss concerns surged, with high-impact ratings rising from 19 per cent to 23 per cent.

"The persistence of human error as a leading cause of security breaches highlights the urgent need for continuous training and awareness programs within organisations," said R Giridhar, Research Head at CIO&Leader.

Future outlook for residential market in India remains optimistic: Report

Future outlook for residential market in India remains optimistic: Report

The future outlook for the real estate market remains in the optimistic territory in India, showcasing the sector's resilience with notable activity in residential and office demands, a report showed on Wednesday.

The Knight Frank–NAREDCO report cited that the ‘Current Sentiment Index Score’ has moderated to 65 from its all-time high in Q1 2024, indicating a measured outlook among stakeholders. Future sentiment score for this period also recorded a recalibration in Q2 2024 and was recorded at 65.

The report mentioned that while both current and future sentiments remain firmly in the positive zone suggesting a continued belief in the sector's long-term prospects, “the scores reflect a more tempered view on recent real estate growth, influenced by election and budget speculations”.

Shishir Baijal, Chairman and Managing Director, Knight Frank India, said that the current and future sentiment score of 65 is still in positive. “The economy remains positive with key indicators seeing stability while remaining resilient against the global geo-political developments,” said Baijal.

ਭਾਰਤ ਵਿੱਤੀ ਸਾਲ 28 ਤੱਕ ਆਪਣੀ ਨਵਿਆਉਣਯੋਗ ਊਰਜਾ ਸਟੋਰੇਜ ਸਮਰੱਥਾ ਨੂੰ 6GW ਤੱਕ ਵਧਾਏਗਾ: ਰਿਪੋਰਟ

ਭਾਰਤ ਵਿੱਤੀ ਸਾਲ 28 ਤੱਕ ਆਪਣੀ ਨਵਿਆਉਣਯੋਗ ਊਰਜਾ ਸਟੋਰੇਜ ਸਮਰੱਥਾ ਨੂੰ 6GW ਤੱਕ ਵਧਾਏਗਾ: ਰਿਪੋਰਟ

ਭਾਰਤ ਦੀ ਨਵਿਆਉਣਯੋਗ ਊਰਜਾ (RE) ਸਟੋਰੇਜ ਸਮਰੱਥਾ ਵਿੱਤੀ ਸਾਲ 2028 ਤੱਕ 6GW ਵਧਣ ਦੀ ਉਮੀਦ ਹੈ ਜੋ ਮਾਰਚ 2024 ਤੱਕ ਸੰਚਾਲਿਤ 1GW ਤੋਂ ਘੱਟ ਹੈ।

ਬੁੱਧਵਾਰ ਨੂੰ ਇੱਕ ਰਿਪੋਰਟ ਵਿੱਚ ਕਿਹਾ ਗਿਆ ਹੈ ਕਿ ਇਹ ਵਾਧਾ ਲਾਗੂ ਕੀਤੇ ਜਾ ਰਹੇ ਪ੍ਰੋਜੈਕਟਾਂ ਦੀ ਇੱਕ ਮਜ਼ਬੂਤ ਪਾਈਪਲਾਈਨ ਦੁਆਰਾ ਚਲਾਇਆ ਗਿਆ ਹੈ ਅਤੇ ਨਿਲਾਮੀ ਦੀ ਉਮੀਦ ਕੀਤੀ ਗਈ ਹੈ।

Crisil ਰੇਟਿੰਗਾਂ ਦੇ ਅਨੁਸਾਰ, "ਸੌਰੀ ਅਤੇ ਪੌਣ-ਦੋਵੇਂ - ਸਮੁੱਚੇ ਪਾਵਰ ਉਤਪਾਦਨ ਮਿਸ਼ਰਣ ਵਿੱਚ RE ਦੇ ਵਧਦੇ ਹਿੱਸੇ ਨਾਲ ਸਟੋਰੇਜ ਮਹੱਤਵਪੂਰਨ ਬਣ ਰਹੀ ਹੈ। ਇਹ ਇਸ ਲਈ ਹੈ ਕਿਉਂਕਿ ਕੁਦਰਤ ਦੁਆਰਾ RE ਉਤਪਾਦਨ ਕੇਂਦਰਿਤ ਹੈ, ਇੱਕ ਦਿਨ ਵਿੱਚ ਖਾਸ ਸਮੇਂ 'ਤੇ ਹੋ ਰਿਹਾ ਹੈ। ਉਦਾਹਰਨ ਲਈ। , ਸੂਰਜੀ ਉਤਪਾਦਨ ਵੱਡੇ ਪੱਧਰ 'ਤੇ ਦਿਨ ਦੇ ਸਮੇਂ ਹੁੰਦਾ ਹੈ।

ਰਿਪੋਰਟ ਵਿੱਚ ਕਿਹਾ ਗਿਆ ਹੈ ਕਿ ਇਸ ਮੁੱਦੇ ਨੂੰ ਹੱਲ ਕਰਨ ਲਈ, ਸਰਕਾਰ ਸਟੈਂਡਅਲੋਨ ਸਟੋਰੇਜ ਪ੍ਰਣਾਲੀਆਂ (ਜਿਵੇਂ ਕਿ ਪੰਪਡ ਹਾਈਡਰੋ ਜਾਂ ਬੈਟਰੀ ਸਟੋਰੇਜ ਸਿਸਟਮ) ਅਤੇ ਸਟੋਰੇਜ ਨਾਲ ਜੁੜੇ ਪ੍ਰੋਜੈਕਟਾਂ ਦੁਆਰਾ ਲੋੜੀਂਦੇ ਬੁਨਿਆਦੀ ਢਾਂਚੇ ਨੂੰ ਵਿਕਸਤ ਕਰਨ 'ਤੇ ਕੰਮ ਕਰ ਰਹੀ ਹੈ ਜੋ ਸਟੋਰੇਜ ਦੇ ਨਾਲ RE ਉਤਪਾਦਨ ਨੂੰ ਜੋੜਦੇ ਹਨ।

India will increase its renewable energy storage capacity to 6GW by FY28: Report

India will increase its renewable energy storage capacity to 6GW by FY28: Report

India’s renewable energy (RE) storage capacity is expected to surge 6GW by fiscal 2028 from less than 1GW operational as of March 2024.

This surge is driven by a robust pipeline of projects under implementation and expected healthy pace of auctions, a report said on Wednesday.

According to the Crisil Ratings, "Storage is becoming crucial with the rising share of RE — both solar and wind — in the overall power generation mix. This is because RE generation by nature is concentrated, happening at specific times in a day. For instance, solar generation happens largely during daytime. Such a generation profile does not match with demand that typically peaks in the morning and evening."

To address this issue, the government is working on developing the infrastructure needed through standalone storage systems (such as pumped hydro or battery storage systems) and storage-linked projects that combine RE generation with storage, the report said.

Mercedes-Benz Korea chief to meet residents after EV fire that damaged 100 cars

Mercedes-Benz Korea chief to meet residents after EV fire that damaged 100 cars

Mathias Vaitl, CEO and President of Mercedes-Benz Korea, was set to meet residents of an apartment complex in Incheon, where a fire that started from a Mercedes-Benz electric vehicle destroyed over 100 cars, according to sources on Wednesday.

The sources said that Vaitl plans to meet with residents of the apartment in Cheongna in Incheon, 27 kms west of Seoul to discuss the company's measures regarding the fire that spontaneously erupted from a parked Mercedes-Benz EQE model on August 1, reports news agency.

The fire gutted an entire parking garage and damaged over 100 vehicles. According to sources, a notice of the meeting was posted on an online community for residents. It will mark Vaitl's first public appearance since the incident that stoked a nationwide EV safety scare.

India’s 5G smartphone market share surges 77 pc in Q2

India’s 5G smartphone market share surges 77 pc in Q2

India’s 5G smartphone market share increased to 77 per cent in the second quarter (Q2) -- up from 49 per cent in the same quarter last year -- while the average selling price declined by 22 per cent to $293 (about Rs 24,000), a report said on Tuesday. Nearly 27 million 5G smartphones were shipped in the April-June quarter.

The Indian smartphone market shipped 69 million smartphones in the first half of 2024, with 7.2 per cent growth YoY (year-over-year), according to the International Data Corporation (IDC). In Q2, the market shipped 35 million smartphones, with growth of 3.2 per cent YoY.

The report said that although it is the fourth consecutive quarter of YoY shipment growth, muted consumer demand and rising average selling prices (ASPs) continue to restrict swift annual recovery.

“Apart from old inventory clearance in the first half of the quarter, vendors also started to launch new smartphones, especially in the mid-premium/premium segment (mostly China-based vendors) from mid-quarter onwards, for monsoon sales in July and August,” said Upasana Joshi, Senior Research Manager, Devices Research, IDC India.

Make in India: Maruti Suzuki begins SUV Fronx export to Japan

Make in India: Maruti Suzuki begins SUV Fronx export to Japan

In a boost to the ‘Make in India’ initiative, leading automobile company Maruti Suzuki India on Tuesday started exporting its SUV Fronx model to Japan.

The first consignment of over 1,600 vehicles left for Japan from Gujarat’s Pipavav port, according to the company.

It will be the first SUV from Maruti Suzuki to launch in Japan. After Baleno in 2016, this is the second car of India's largest automobile player (in terms of selling four-wheelers) to be exported to Japan. Fronx is manufactured at Maruti Suzuki’s Gujarat plant.

India Inc saw record 195 deals worth $8.4 billion in July: Report

India Inc saw record 195 deals worth $8.4 billion in July: Report

Showcasing robust investor confidence, India Inc saw impressive 195 deals worth $8.4 billion in the month of July, a 16 per cent jump in volumes, a report said on Tuesday.

Private equity (PE) deal activity continued to lead the volumes for the month, contributing to 57 per cent of the overall volumes while mergers and acquisitions (M&A) activity led the values with a 59 per cent contribution, according to ‘Grant Thornton Bharat Dealtracker’.

“India Inc's remarkable surge in deal activity reflects growing investor confidence. The highest monthly M&A volumes, driven by significant domestic deals, and the resurgence in cross-border activity highlight India's position as a pivotal growth market,” said Shanthi Vijetha, Partner, Growth at Grant Thornton Bharat.

Indian ports see bunker, ship-to-ship calls up 64 pc in Jan-July period

Indian ports see bunker, ship-to-ship calls up 64 pc in Jan-July period

Bunkering activity in India experienced significant growth during the first seven months this year, with the total number of bunkering and ship-to-ship (STS) calls to domestic ports increasing by 64 per cent (year-on-year), a report showed on Tuesday.

The total number of bunkering and STS calls to Indian ports surpassed 6,765 compared with just 4,113 during the same period in 2023, according to S&P Global Commodities at Sea data.

This time, the monsoon has had little effect in Mumbai. Mumbai, which is one of the major bunkering hubs in the country, saw a 53 per cent rise in total bunkering and STS calls.

realme to unveil 320W superSonic charge at 828 fanfest, announces upcoming 13 Series 5G

realme to unveil 320W superSonic charge at 828 fanfest, announces upcoming 13 Series 5G

In our rapidly moving world, smartphones have become indispensable lifelines. Yet, we've all faced that moment of panic: you're running late for work, grab your phone, and realise the battery is critically low.

There's no time for a full charge, but you can't leave without it. This all-too-familiar scenario highlights why fast charging has become more than a luxury -- it's a necessity. Whether you're a busy professional, a student on the go, or someone who relies heavily on a smartphone, the ability to quickly recharge your device can make a significant difference in your daily routine, ensuring you stay connected when it's most crucial.

Some of the biggest smartphone brands have been working on evolving fast-charging technology. The race to develop the fastest and most efficient charging solutions has led to groundbreaking advancements.

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