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Economic Survey projects decline in industrial sector output

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8 years ago

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Economic Survey projects decline in industrial sector output

New Delhi: The Economic Survey 2016-17 tabled in Parliament on Tuesday by Union Finance Minister Arun Jaitley projected a decline in industrial sector output during 2016-17. According to the survey, the first advance estimates from the CSO (Central Statistics Office) showed that the growth rate of industrial sector is projected at a slower 5.2 per cent in 2016-17 than the 7.4 per cent reported in 2015-16. “During April-November 2016-17, a modest growth of 0.4 per cent has been observed in the Index of Industrial Production (IIP), which is a volume index with base year of 2004-05,” the survey said.  “This was the composite effect of a strong growth in electricity generation and moderation in mining and manufacturing.”

The survey pointed out that in terms of use-based classification, basic goods, intermediate goods and consumer durable goods attained moderate growth.  Conversely, the production of capital goods declined steeply and consumer nondurable goods sectors suffered a modest contraction during April-November 2016-17. “The eight core infrastructure supportive industries, viz. coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, registered a cumulative growth of 4.9 per cent during April-November 2016-17, as compared to 2.5 per cent during April-November 2015-16,” the survey showed. The survey elaborated that production of refinery products, fertilisers, steel, electricity and cement increased substantially, whereas the production of crude oil and natural gas fell during April-November 2016-17.  “Coal production attained lower growth during the same period,” the survey added.

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

Published

3 years ago

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May 5, 2022

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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.

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