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Google not to offer controversial face recognition technology (14:24) IANS Photo Service
San Francisco, Dec 15 (IANS) At a time when pressure is mounting on tech companies to utilise facial recognition technology with care to avoid its misuse, Google has said it will not offer the controversial technology for now.

Musk hints at Boring Company's first tunnel launch in US (14:24) IANS Photo Service
San Francisco, Dec 15 (IANS) Billionaire Elon Musk on Saturday tweeted a photograph with "The Boring Company" and "December 18" on it, indicating that his infrastructure and tunnel construction firm is set to launch its first tunnel under Los Angeles in the US.

'Yes-man Das' dangerous as RBI Governor, warns Shiv Sena (13:48) IANS Photo Service
Mumbai, Dec 15 (IANS) In a no-holds-barred assault, the Shiv Sena here on Saturday termed the appointment of new Reserve Bank of India (RBI) Governor Shaktikanta Das as "dangerous" with a potential to unleash 'financial terror' in the country.

Mamata considers tea tourism to benefit tea gardens (13:38) IANS Photo Service
Kolkata, Dec 15 (IANS) West Bengal Chief Minister Mamata Banerjee on Saturday mentioned that her government will consider tea tourism to benefit tea plantations in the state.

Hyperloop start-up Arrivo to shut down: Report (12:46)
San Francisco, Dec 15 (IANS) A start-up named Arrivo formed by ex-Hyperloop One executives is winding up operations after laying off all employees in November as it sought new funding, The Verge has reported.

Mumbai-Lucknow IndiGo flight grounded after bomb threat alert (12:14) IANS Photo Service
Mumbai, Dec 15 (IANS) An IndiGo flight from Mumbai to Lucknow via Delhi was grounded after a woman passenger alerted the Mumbai Airport authorities of an alleged bomb threat on Saturda, official sources said.

Nokia 7.1: HMD Global nearly perfects this one (Tech Review) (11:48)
By Krishna SinhaChaudhury IANS Photo Service
New Delhi, Dec 15 (IANS) HMD Global, the Finnish company that manufactures and markets the iconic Nokia-branded phones, has launched devices in India at a steady pace this year.

Mergers will kill branches when the need is for branch expansion: AIBEA (11:38)
Chennai, Dec 15 (IANS) At a time when India is largely unbanked or underbanked with low density of banks, merger of banks will result in killing of branches and would divert attention from recovering huge outstanding loans, said a top leader of the All India Bank Employees' Association (AIBEA).

Apple to update iPhones in China to avoid ban (10:12) IANS Photo Service
San Francisco, Dec 15 (IANS) Apple has decided to update iPhones in China to avoid a ban after a court ruling banned the sale and import of most iPhone models after granting Qualcomm an injunction against Apple.

Pre-order Microsoft Surface Go now on Flipkart in India (10:02) IANS Photo Service
New Delhi, Dec 15 (IANS) With an aim to take on the Apple iPad Pro and Samsung Galaxy Tab S4, Microsoft on Saturday brought its smallest and affordable Surface Go device to India, starting at a price of Rs 38,599.

'New rules for marine fuel sulfur limits to impact global oil prices' (07:40)
Houston, Dec 15 (IANS) International regulations limiting sulfur in fuels for ocean-going vessels will increase uncertainty for crude oil and petroleum product price formation in both the short and long term, the US Energy Information Administration (EIA) said.

Wall Street collapses, S&P 500 ends at lowest since April (05:54) IANS Photo Service
New York, Dec 15 (IANS) US stocks fell sharply on Friday as investors grew concerns over a possible slowdown of the global economy and a slew of corporate news.

Conte discusses Italy's spending plans with Merkel (00:28) IANS Photo Service
Brussels, Dec 15 (IANS/AKI) Italy premier Giuseppe Conte had a breakfast meeting on Friday with Germany's Chancellor Angela Merkel at a hotel in central Brussels to discuss populist government's expansionary budget, unexpectedly cancelling a planned press briefing to fit in the meeting.

India's forex reserves rise by over $16 mn (00:16)
Mumbai, Dec 15 (IANS) India's foreign exchange (forex) reserves marginally rose by $16.6 million during the week ended December 7, official data showed on Friday.

Political rhetoric to be critical for Indian economy: Jaitley (23:22)
New Delhi, Dec 14 (IANS) Urging various stakeholders of the economy to avoid adding a domestic problem to the global crisis, Finance Minister Arun Jaitley on Friday said political rhetoric in the coming months will be critical for Indian economy.

State-run banks have no plan to shut ATMs: Minister (22:40) IANS Photo Service
New Delhi, Dec 14 (IANS) The public Sector banks (PSB) have no plans to shut down 50 per cent of their ATMs in the country, Minister of State for Finance Shiv Pratap Shukla told the Lok Sabha on Friday.

India's November exports marginally up, imports rise over 4% (Lead) (21:30)
New Delhi, Dec 14 (IANS) India's merchandise exports grew marginally in November on a year-on-year basis, official data showed on Friday.

National Electronics Policy 2018 to be in Cabinet soon: Prasad (21:02) IANS Photo Service
New Delhi, Dec 14 (IANS) Union IT and Electronics Minister Ravi Shankar Prasad on Friday said the new draft National Policy on Electronics would soon be finalised and taken up in the Cabinet.

India's November exports marginally up, imports rise over 4% (20:58)
New Delhi, Dec 14 (IANS) India's merchandise exports grew marginally in November on a year-on-year basis, official data showed on Friday.

Lower food prices ease India's WPI to 4.64% in November (Roundup) (20:50)
New Delhi, Dec 14 (IANS) Lower food and fuel prices eased India's annual rate of inflation based on wholesale prices to 4.64 per cent in November from 5.28 per cent in October, official data showed here on Friday.

MMRDA axes L&T-SCOMI Mumbai Monorail contract (20:36)
Mumbai, Dec 14 (IANS) In a drastic move, the Mumbai Metropolitan Region Development Authority (MMRDA) on Friday terminated its Mumbai Monorail contract with the joint venture Larsen & Toubro and SCOMI Engineering BHD (LTSE) for failure to perform and fulfill the contractual obligations, a top official said here.

NCL plans expansion, to produce 100 mt in FY19 (Lead, Correcting headline) (20:34)
Singrauli (Madhya Pradesh), Dec 14 (IANS) Northern Coalfields Ltd (NCL), a subsidiary of Coal India Ltd, is expecting to produce over 100 million tonnes of coal in the current fiscal, an official said here on Friday.

Adani-Elbit set up India's first private UAV unit in Hyderabad (Lead) (20:32)
Hyderabad, Dec 14 (IANS) India's first private sector unit for manufacturing unmanned aerial vehicles (UAVs) to cater to both the Indian armed forces and the global market was formally launched at Adani Aerospace Park here on Friday.

Don't make farm loan waivers part of poll promises: Rajan (19:40) IANS Photo Service
New Delhi, Dec 14 (IANS) Eschew loan waivers that divert resources from much needed investment in India, says a report prepared by 13 noted economists, including former RBI Governor Raghuram Rajan, which was released here on Friday.

India Post launches e-commerce portal (19:34) IANS Photo Service
New Delhi, Dec 14 (IANS) Communications Minister Manoj Sinha on Friday launched the e-commerce portal of the Department of Posts providing an online market place to rural artisans and public sector units to sell their products.

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