Connect with us

Business

Siddhivinayak temple puts 44 kg yellow metal in gold monetisation scheme

Published

8 years ago

on

india-temple-gold

Putting money where its mouth is, or gold in this case, the Siddhivinayak temple deposited a total of 44kg of gold in the Prime Minister’s ambitious gold monetisation scheme, just like the temple trust had announced in December last year.

Narendra Patil, chairman, Siddhivinayak temple, said, “The melting of gold will be done at a government mint. The temple will annually earn 2.25 per cent interest on the gold deposited with the bank.” According to the authorities, the gold was deposited in one of the State of Bank of India branches.

Prime Minister Narendra Modi had launched the scheme with the objective of increasing gold reserves as India is one of the foremost importers of the yellow metal.

Going by a rough estimate, the temple is likely to earn a monthly interest of over Rs 10 lakh from the bank under the scheme. “The additional revenue generated will be utilised to enhance existing charity work like dialysis, assistance to needy medical patients and students,” Sanjeev Patil, chief executive officer of the temple trust said.

The Siddhivinayak temple’s current gold reserve stands at a staggering 171kg. It already has 10 kg of this deposited with the State Bank of India in exchange of an annual interest of 1 per cent. “We have requested the bank to add this gold to the monetisation scheme too. If the request is accepted than our gold pledge will amount to 54 kg,” a temple source said.

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