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59.27
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842.27
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15.41
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Dhuhr
12:28
Tuesday
16
July 2019

Fajr
Fajr
04:08
Sunrise
Sunrise
05:39
Dhuhr
Dhuhr
12:28
Asr
Asr
15:51
Maghrib
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19:17
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20:47
Markets

2,715.70 0.40%
Volume
205,549,836
Turnover
0.40%
Trades
2,853
16
Up
3
Flat
12
Down
Traded stocks 31
5,041.94 -0.28%
Volume
43,975,807
Turnover
-0.28%
Trades
1,382
8
Up
5
Flat
16
Down
Traded stocks 29
Most active
EIC
7.8
Taqa
0.78
Gulf Cement
0.7
Dubai Investments
1.33
QIC
0.85
GMPC
1.31
NMDC
3.07
CBD
3.75
DIB
5.11
FAB
14.82
Emaar
4.88
Dubai Investments
1.33
UPP
0.35
Deyaar
0.33
Dubai Investments
1.33
Damac
0.92

Deccan Chronicle


Stunning Apple iPhone details emerge showing off exciting, breakthrough design

For those looking to upgrade to the 2019 iPhones, we sincerely urge you to wait a bit. The Apple iPhone 11 series will be quite disappointing but it will lay the groundwork for Apple’s 2020 iPhones and one of which is going to be an absolutely revolutionary device. As per a report note from JP Morgan, China Times have gained access to a presentation by multinational investment bank Credit Suisse. This note reveals Apple’s plans for a very futuristic iPhone, more so than we have ever thought possible. This upcoming iPhone has the capability to be the best and most...

Sensex jumps over 100 points; bank stocks rise

Mumbai: Domestic equity benchmark BSE Sensex jumped over 100 points in early trade on Tuesday driven by gains in banking stocks, amid mixed cues from global markets. The 30-share index was trading 104.83 points, or 0.27 per cent, higher at 39,001.54 at 0945 hours. Similarly, the broader Nifty rose 29.25 points, or 0.25 per cent, to 11,617.60. Top gainers in the Sensex pack included Tata Motors, Vedanta, NTPC, PowerGrid, ICICI Bank, SBI and Axis Bank, rising up to 1.65 per cent. On the other hand, TCS, Hero MotoCorp, Bajaj Auto, M&M, TechM, HCL Tech and Kotak Bank fell up to...

Rupee opens 5 paise down at 68.59 against dollar

Mumbai: The rupee depreciated marginally by 5 paise to 68.59 against the US dollar in early trade on Tuesday as the country's exports entered the negative zone after a gap of eight months. At the interbank forex market, the rupee opened weak at 68.59 registering a decline of 5 paise over its last close. The local currency however pared the initial loss and was trading at 68.55 at 0945 hrs. The rupee had settled at 68.54 against the US dollar on Monday. Forex traders said weak trade data, foreign fund outflows and rising crude oil prices weighed on the domestic...

Will India's tax on the rich hit foreign investment inflows?

New Delhi: The government’s budget proposal earlier this month to increase taxes on those with annual incomes of more than 20 million rupees has rattled many foreign portfolio investors (FPIs). The realisation that the new tax likely applies to the trusts through which many foreign investors put money into Indian financial markets sent stocks plunging last week. Now, their advisors say the investors are threatening to pull funds from India unless rules are amended so that they won’t take a tax hit. Here are some facts about the new tax rules. What are the new rules? In her budget, Indian...

Social media companies addressed to handle deepfake content

US House of Representatives Intelligence Committee Chairman Adam Schiff on Monday pressed major social media companies on how they plan to handle the threat of deepfake images and videos on their platforms ahead of the 2020 elections. The Democratic congressman wrote letters to the chief executives of Facebook Inc, Twitter Inc and Google, which owns YouTube, asking about the companies’ formal policies on deepfakes and their research into technologies to detect the doctored content. Deepfakes use machine learning to manipulate source material and create hyperrealistic content where a person - such as a political candidate - appears to say or...

Google accused of plagiarizing a digital ad technology

Alphabet Inc’s Google LLC was hit on Monday with a US lawsuit alleging it copied a smaller firm’s patented digital advertising technology. Impact Engine Inc filed the complaint in federal court in San Diego, California, alleging various Google online advertising platforms, including Google Ads and Google AdSense, infringed on six patents. The allegedly violated patents, granted to San Diego-based Impact Engine between 2011 and 2018, relate to so-called “programmatic creative” technology for rapidly producing and customising online advertisements. Google did not immediately comment on the case. According to the complaint, between 2005 and 2007 Google employees expressed interest in partnering...

Facebook crypto riding shotgun against money laundering

US Treasury Secretary Steve Mnuchin on Monday voiced serious concern that Facebook Inc’s proposed Libra cryptocurrency could be misused for money laundering, adding to the growing regulatory scepticism of the social media company’s digital asset plans. The Treasury Department has warned Facebook that it must enact proper safeguards against illicit use such as money laundering, he said at a White House press conference. “Treasury has been very clear to Facebook ... and other providers of digital financial services that they must implement the same anti-money laundering safeguards in countering the financing of terrorism as traditional financial institutions,” Mnuchin said. His...

RBI slaps Rs 7 cr penalty on SBI for violating various norms

Mumbai: The Reserve Bank of India Monday said it has slapped a penalty of Rs 7 crore on the country's largest bank SBI for non-compliance with norms related to NPA identification and fraud risk management, among others. The penalty has been imposed on the bank for non-compliance of income recognition and asset classification (IRAC) norms, code of conduct for opening and operating current accounts and reporting of data on Central Repository of Information on Large Credits (CRILC), and fraud risk management and classification and reporting of frauds. Giving details of the case, it said the statutory inspection of SBI with...

NCLAT to hear ArcelorMittal's plea on EPC Construction on August 8

New Delhi: The NCLAT on August 8 will hear global steel major ArcelorMittal's plea, challenging Royale Partners' bid to acquire EPC Construction India Ltd (ECIL), currently under insolvency proceedings. A three-member bench headed by Chairman Justice S J Mukhopadhaya has asked the parties to complete their pleading by filing their reply and rejoinder over it, and directed to list the matter on August 8. The National Company Law Appellate Tribunal's direction came over a petition filed by ArcelorMittal, which has challenged the order of the Mumbai bench of National Company Law Tribunal (NCLT). The NCLT has rejected ArcelorMittal's plea against...

Jio joins GSMA's Connected Women Initiative to bridge gender gap in digital adoption

New Delhi: Telecom operator Reliance Jio on Monday said it has joined GSMA's Connected Women Initiative to bridge the gender gap in digital literacy and adoption. Under the partnership, Jio and global telecom industry body GSMA will work towards empowering more women for increased access to, and use of, life-enhancing digital services. The recent accelerated adoption of mobile and internet technologies has changed how people engage, educate and entertain. However, the gender gap in mobile adoption in India persists due to a lack of access, affordability and inclusion in the digital revolution. As part of the Connected Women Initiative, GSMA...

Apple iPhone X gets heavily discounted in India; buy it now

While Amazon is dominating the spotlight with its Prime Day discounts, Flipkart has its Big Shopping Days extravaganza going on. As a part of its discounts, the Apple iPhone X has received a massive price cut and the 64GB variant is available at an unbeatable price of Rs 59,990. Available in Silver and Space Grey, the 64GB iPhone X gets its best price ever at a price of just Rs 59,990. Apart from this incredible price tag, there are some amazing offers as well such as No cost EMI, and getting up to Rs 17,900 off on exchange. Also, if...

Intel unveils new AI chip system that can power autonomous cars

Intel has unveiled a new deep-learning chip system that is capable of crunching complex AI algorithms up to 1,000 times faster and 10,000 times more efficiently than regular CPUs. As Engadget reports, the new system, codenamed Pohoiki Beach, is made up of 64 Loihi 'neuromorphic' deep-learning chips, modelled after the human brain, and 8-million neurons. The chips are installed on a 'Nahuku' board that contains from 8 to 32 Loihi chips. The Pohoiki Beach system contains multiple such boards that can be interfaced with Intel's Arria 1- FPGA developer's kit. The system is aimed at making AI-enabled technologies such as...