Category:

Technology

India’s EV financing industry projected to be worth Rs 3.7 trillion in 2030:NITI Aayog Report

The 10 solutions recommended in the report include financial instruments such as priority-sector lending and interest-rate subvention. Others are related to creating better partnerships between OEMs and financial institutions by providing product guarantees and warranties. Furthermore, a developed and formal secondary market can improve the resale value of EVs and improve their bankability. “The identified barriers within EV finance need to be tackled in structured manner with innovative financing models,” said Randheer Singh, Senior Specialist at NITI Aayog.

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Delhi Govt to provide scrapping incentives under Delhi EV Policy: Gadkari

The Delhi Government order issued on February 25, 2021 in this regard mandates conversion of all vehicles owned/leased by the Government of NCT of Delhi to transition to electric by Aug 6, 2021, the minister said. ”Under the Delhi EV Policy, 2020 —scrapping incentive is provided for the vehicles in lieu of scrapping a more polluting conventional vehicle.

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Data sharing, cybersecurity top concern areas for banks, customers: Deloitte

Observing that not only banks, but even customers are wary of data sharing, it said, “Cybersecurity and data protection are the top concern areas across all age groups, followed closely by wariness towards third-party access to data and transparency on data usage”.

Over the years, the value of data has reached unprecedented levels.

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Covid-19 accelerates shift towards digitalisation: Infosys-Milken report

The report finds that the shift to remote work has allowed employers to hire talent beyond where they physically operate. Some firms have used this opportunity to double down on diversity and inclusion. The Covid-19 pandemic has changed employment forecasts for different sectors. Although utility companies experienced the smallest decline in employment during Covid-19, it is projected to have the largest decline of any sector over the next decade.

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Govt open to evaluate, explore cryptocurrencies, says Thakur

A High-Level Inter-Ministerial Committee (IMC) was constituted under the Chairmanship of Economic Affairs Secretary on digital currencies and it has submitted its report.

The government would take a decision on the recommendations of the IMC and the legislative proposal, if any, would be introduced in Parliament following the due process, he said while inviting suggestions and views on this issue.

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