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Rupee falls 15 paise to close at 94.65 against US dollar

Mumbai, Jun 30 (PTI) The rupee depreciated by 15 paise to close at 94.65 (provisional) against the US dollar on Tuesday, as a strengthening greenback overseas and risk-averse investor sentiment weighed on the local unit. Forex traders said the rupee slipped to 94.58 against the US dollar, driven by month-end corporate import demand and lingering risk-off sentiment. However, relatively stable global crude prices and anticipated central bank interventions supported the currency and restricted the slide. At the interbank foreign exchange market, the rupee opened at 94.60 against the American currency and finally closed for the day at 94.65 (provisional), registering

Stock markets decline for 2nd day as IT shares lead losses

Mumbai, Jun 30 (PTI) Benchmark stock indices Sensex and Nifty declined on Tuesday due to selling in IT, oil & gas and select banking shares amid uncertainty over the next round of US-Iran negotiations in Doha. The 30-share BSE Sensex declined 249.70 points, or 0.33 per cent, to settle at 76,478.67, paring its opening gains. During the day, it fell by 398.98 points, or 0.51 per cent, to a low of 76,329.39. The 50-share NSE Nifty dropped 80.50 points, or 0.34 per cent, to end at 23,865.75. The delayed onset and sluggish progress of the southwest monsoon, fresh foreign fund

India records fifth driest June since 1901 as monsoon rains lag

MUMBAI, June 30 (Reuters) – India recorded its driest June in more than a decade ​and the fifth driest since record-keeping ‌began in 1901, with monsoon rainfall 39.8% below the long-term average, weather department data showed on ​Tuesday. The rainfall deficit, caused by the ​delayed advance of the annual monsoon, ⁠has slowed the planting of summer-sown crops ​such as rice, corn, cotton and ​soybeans. It has also kept parts of the northern plains unusually hot, with maximum temperatures exceeding ​42 degrees Celsius (107.6 degrees Fahrenheit) in ​some regions. India received 99.5 mm of rainfall in June ‌against ⁠a normal of

People can learn to spot AI faces – but clues are no longer obvious

Canberra (Australia), Jun 30 (Conversation) Deepfake faces generated via artificial intelligence (AI) have become so realistic that they routinely fool people, with some research suggesting there may be US$40 billion worth of deepfake-related fraud annually by 2027. Not only do most people struggle to spot AI faces, but as long ago as 2023 we discovered some AI faces are “hyperreal” – they look more real than actual human faces. We also found people are overconfident they can spot AI faces, with the most confident people making the most errors. Software-based deepfake detectors do exist, but they can’t really explain the

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