Apple Encryption Engineers, if Ordered to Unlock iPhone, Might Resist

If the FBI wins its court fight to force Apple’s help in unlocking an iPhone, the agency may run into yet another roadblock: Apple’s engineers. Apple employees are discussing what they will do if ordered to help law enforcement authorities. Some say they may balk at the work, while others may even quit their high-paying jobs rather than undermine the security of the software they have created, according to more than a half-dozen current and former Apple employees. Among those interviewed were Apple engineers who are involved in the development…

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Cairn India On Course to Roll Out Enhanced Oil Recovery Plan

New Delhi: Cairn India is set to launch the world’s largest enhanced oil recovery programme, investing about $760 million in the site where its first oil was discovered in the Thar desert of Rajasthan. As part of the plan, the company will complete 100 exploration and appraisal wells and 350 development wells in 2016, Cairn India chief executive Mayank Ashar told PTI. The EOR (enhanced oil recovery) spending spans over Mangala and Bhagyam oil fields in the Rajasthan block to help arrest the natural decline and maintain production. Almost two…

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Government Says Safeguards in Place to Prevent Misuse of P-Notes

Minister of State for Finance Jayant Sinha said FPIs are prohibited from issuing P-Notes to resident Indians/non-resident Indians. New Delhi: The government has put in place several safeguards to prevent misuse of Participatory Notes, or P-Notes, and there is no information with the Securities and Exchange Board of India (Sebi) wherein entities or investors in the country are using the route of and investing black money through it, Parliament was informed on Friday. “Foreign Portfolio Investors (FPIs) are prohibited from issuing PNs to Resident Indians/Non-Resident Indians (NRIs) and they are…

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Road to Wealth: Five Steps to Follow When You Invest In Your 30s

It is good to start investing as early as possible in life. But if you are in your 30s and still clueless about investing systematically, here are some tips: 1) Set your goals The first and foremost thing to do is to set your goals. Knowing what you want to achieve will help you work towards attaining those goals in a better way. “One should have clearly defined goals. As compared to 20s, one can define the needs more clearly in the 30s. This will help in laying out the goals…

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Got a Bonus? Five Smart Ways to Make the Most of It

If you have got a bonus, you may be tempted to spend it on fancy jewellery, jazzy smartphone or a bigger car. There is nothing wrong in splurging on things you like. On the other hand, bonuses can be used in a smart way to strengthen your finances.  Here are a few ways bonuses can be used for plugging the holes in your financial plan, according to financial planners. Pay Off Your Debt Even if you are comfortable servicing your debt, it will wise to pay off your high-interest loan.…

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Want to Buy Gold? Here Are The Smart Ways For Investing

After posting negative returns for past three years, domestic gold prices have risen around 13 per cent this year so far. If you are looking to put money in gold, there are multiple investment options like physical gold, gold exchange traded funds (ETFs), and gold bonds. However, it always pays to be aware of the income tax implications of the different schemes. Here is a comparative analysis of various options available. Physical Gold You can buy gold coins or bars from banks and jewellers. Banks sell 24 carat gold with…

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