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Nuclear, defense, bullet train bond fast-track India-Japan ties (Roundup)

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Japan on Saturday committed itself to billions of dollars of investments in India, including a $12-billion loan at negligible interest for the much touted “Bullet Train” and another $12 billion for “Make in India” initiative, besides inking far-reaching pacts on defense and nuclear energy — as part of what has been termed as the “Power of 16” agreements.

The 16 agreements came during Japanese Prime Minister Shinzo Abe’s visit to India, during which he also attended the annual bilateral summit on the “special strategic and global partnership” with his host and Indian counterpart Narendra Modi.

“Today, we have scaled new summits in our shared journey,” a visibly pleased Modi told the media after his delegation-level talks with the visiting Japanese side, led by Abe. “The partnership between India and Japan has infinite potential. I’m convinced of that,” Abe, on his part, added.

The Indian side was particularly elated with the package for the high-speed train between Mumbai and Ahmedabad, as it comes with an interest of a mere 0.1 percent, a duration of as many as 50 years and a moratorium on repayments up to 15 years.

Modi also thanked Abe for the “Japan-India Make-in-India Special Finance Facility” of up to 1.5 trillion yen ($12 billion approximately) to promote investments from the Asian giant, mainly in infrastructure that need long-gestation funding.

With India assuring Japan that it will become a full member in the four international nuclear export control regimes, Tokyo also moved forward and decided to ink pact with New Delhi to cooperate on peaceful uses of nuclear energy after finalizing the technical details.

“This is a shining symbol of a new level of mutual confidence and strategic partnership in the cause of a peaceful and secure world,” Modi said, adding the pact envisaged on nuclear energy cooperation would extend beyond commerce and clean energy.

Modi also said India will extend to the Japanese people visa on arrival from March 1 next year, and forge better ties in the defense sector, including the potential purchase of equipment such as the US-2 amphibian aircraft for the Indian armed forces.

Similarly, Abe said in the next five years Japan would like 10,000 young Indian talents to visit his country under such frameworks as students exchange, IT training and short term programmes, and hoped that this will provide solid bonds for future relations.

The two sides also took their ties forward on maritime issues, in both bilateral and regional context. On the one side, both leaders welcomed Japan’s regular participation in the India-US Malabar Exercises, while also expressing concerns over challenges in the Indo-Pacific region.

Without making a direct reference to the concerns among some countries about China’s expansive claims in the South China Sea, Modi also said India stood strongly for ensuring freedom of navigation and over-flight, and unimpeded maritime commerce.

Starting the day with a meeting with business leaders, the warmth between the two “friends” was visible when Modi and Abe used the Bullet Train (Shinkansen in Japan) as an analogy to praise each other.

“Prime Minister Modi’s economic policies are like Shinkansen — high speed, safe and reliable and carrying many people along,” said Abe. Modi’s counter point: “India and Japan should move ahead together, not just in the sphere of high-speed trains, but also for ‘high-speed growth’.”

Modi said India and Japan will shape an Asian century as they realize Vision 2025 of their ties.

“No friend will matter more in realizing India’s economic dreams than Japan,” said the Indian prime minister. “I cannot think of a strategic partnership that can exercise a more profound influence on shaping the course of Asia and our interlinked ocean regions more than ours.”

wefornews bureau

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Galaxy Fold 2 to feature long notification display

The narrow display is likely to have its own unique functionality that allows readers to access notifications without unfolding their Galaxy Fold 2.

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Seoul, May 27 : South Korean tech giant Samsung is expected to launch its next foldable smartphone Galaxy Fold 2 with a long display that would only show notifications and can even be water resistant.

According to a patent that has been published by WIPO from Samsung Electronics and was first reported by LetsGoDigital, the device folds inwards and has a camera system on the outside.

A new inclusion is the secondary long notification display on the rear.

The narrow display is likely to have its own unique functionality that allows readers to access notifications without unfolding their Galaxy Fold 2.

Additionally, the design structure of the device is made to be waterproof to protect its internal components.

The device is likely to come with a triple-camera setup on the back.

The current Galaxy Fold handset is priced at Rs 1.65 lakh.

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Indian Truecaller users’ data on sale, company denies breach

“Looking at the information itself, it has over 47.5 million records, and it includes interesting information such as phone number, carrier, name, gender, city, email, Facebook ID and others,” said the blog post.

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New Delhi, May 27 : After an online intelligence firm flagged that a cybercriminal was selling Truecaller records of 4.75 crore Indians on dark web for just about Rs 75,000, the Swedish caller identification app on Wednesday denied any breach of its database. After an online intelligence firm flagged that a cybercriminal was selling Truecaller records of 4.75 crore Indians on dark web for just about Rs 75,000, the Swedish caller identification app on Wednesday denied any breach of its database.

“There has been no breach of our database and all our user information is secure. We take the privacy of our users and the integrity of our services extremely seriously and we are continuously monitoring for suspicious activities,” a Truecaller spokesperson said in a statement.

“We were informed about a similar sale of data in May 2019. What they have here is likely the same dataset as before. It’s easy for bad actors to compile multiple phone number databases and put a Truecaller stamp on it.

“By doing that, it lends some credibility to the data and makes it easier for them to sell. We urge the public and users not to fall prey to such bad actors whose primary motive is to swindle the people of their money,” the spokesperson said.

Online intelligence firm Cyble in a blog on Tuesday said that its researchers have “identified a reputable seller, who is selling 47.5 Million Indians Truecaller records for $1000. The data is from 2019.”

“Looking at the information itself, it has over 47.5 million records, and it includes interesting information such as phone number, carrier, name, gender, city, email, Facebook ID and others,” said the blog post.

On Wednesday, Cyble updated the blog to say that the same hacker has dropped another 600 million records for sale.

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Samsung launches new Galaxy A51 variant at Rs 27,999

The Galaxy A51 is powered by a 10nm Exynos 9611 chipset that comes with AI powered Game Booster for improved frame rate and stability as well as reduced power consumption.

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New Delhi, May 27 : Samsung on Wednesday launched a new 8GB RAM/128GB internal storage variant of its best-selling smartphone Galaxy A51 in India for Rs 27,999.

The new variant of Galaxy A51 comes in three colours – prism crush black, prism crush white and prism crush blue – and will be available across retail channels, offline retail stores, leading e-commerce portals and Samsung.com.

“Galaxy A51’s cool and intelligent ‘Make for India’ innovations have seen widespread adoption. These features, based on extensive consumer research in India, have been designed to help Gen Z consumers live a fast and organized life,” the company said in a statement.

The device features an advanced 48MP main camera, 12MP Ultra Wide lens with “Night Mode” capability and a 5MP Macro lens that allows users to take close up shots and a 5MP depth camera for clicking shots in “Live Focus” mode.

The Galaxy A51 is powered by a 10nm Exynos 9611 chipset that comes with AI powered Game Booster for improved frame rate and stability as well as reduced power consumption.

The Galaxy A51 also comes with a long-lasting battery that lasts for up to 19 hours of video play back time, according to the company, thanks to the 4000mAh battery with 15W fast charging.

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