Connect with us

Business

Indian economy out of Covid crisis will grow upward from now: RBI Governor

Published

3 years ago

on

Reserve Bank of India (RBI) Governor Shaktikanta Das has said the Indian economy is out of the Covid-19 crisis and it will grow upward from here. He said the government’s investment push in the private sector will start to show impact but the country needs to be prepared for rising coronavirus graph.

“The large capital expenditure announced by the government will support economic activity and investment. It is expected to crowd in private investment. From now on, the economy is expected to move only in one direction – that is, upwards,” Das said, reported The Economic Times.

He said rising bond yields across the world are posing challenges in economic recovery but the RBI was confident to manage these crises smoothly. He said the RBI will continue to support the market while ensuring the central borrowing programmes go through smoothly.

The Reserve Bank of India has pegged the GDP growth rate for the next financial year at 10.5 percent, though a tad lower than the government’s projection of 11 per cent.

The projection is in line with the estimates in the Union Budget 2021-22 presented in Parliament last month. The Centre has projected the economy will grow at 11 per cent, up from an estimated historic decline of 8 per cent in 2020-21, on account of the COVID-19 pandemic. After contracting for two consecutive quarters, India’s GDP grew 0.4 per cent in October-December quarter.

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending