Business
Working on increasing exports to China: Shaktikanta Das
New Delhi: The government is working towards increasing exports to China to balance a wide trade deficit and formulate a sustainable trade relationship between the two nations, Economic Affairs Secretary Shaktikanta Das said on Monday. “Our Commerce and Trade Department is working with China to increase our exports there so that there is parity in trade with China,” Das said in a tweet. Das held a meeting with the Chinese media delegation here. “For sustainable trade relationship, balance of trade is required between India and China. There has to be evenness and balancing regarding our huge trade deficit… So we are able to move together,” he added.
Total trade between India and China in 2016 was $71 billion. India had a very wide trade deficit of $46 billion in this. “We are very strong in IT software and pharma. We would like to export these to China along with fruits, fish and vegetables,” he said. “We would like to have greater market access to China. So far as government is concerned, our economic policy is to have a very good economic partnership with China,” he added. “We are looking for more inflow of investment from China. Our embassy is working closely with China for this. We value our economic relations with China,” he added.
Chinese President Xi Jinping during his visit to India in 2104 had announced $20 billion investment in India, which has started flowing now. “Now in India, you can start a new company in just two days by getting online permissions. We have simplified many procedures to increase ease of doing business. Clearances are given very quickly,” Das added. The Economic Affairs Secretary further said that Goods and Services Tax (GST) will improve business environment and GDP growth. “Last time when I was in China, they showed a lot of interest in our GST,” he said.
Business
Apple is giving a huge discount on its gadgets: Details inside
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.