Business
Forex reserve touched new height,reach on max $513.25 billion.
The country’s foreign exchange reserves reached an all-time high of $ 513.25 billion during the week ended July 3, with a major increase of $ 6.47 billion. This information has been given in the latest data of the Reserve Bank of India.
Earlier, the country’s foreign exchange reserves had increased by $ 1.27 billion to $ 506.84 billion in the week ended 26 June. For the first time in the week ended June 5, the country’s foreign exchange reserves had gone above the $ 500 billion level. At that time it reached $ 501.70 billion with a strong increase of $ 8.22 billion.
The rise in foreign exchange reserves in the week ended July 3 is due to increase in foreign currency assets, a significant part of the total reserves. According to Reserve Bank data, foreign currency assets increased by $ 5.66 billion to $ 473.26 billion in the week under review. According to the Reserve Bank, gold reserves rose by $ 495 million to $ 34.02 billion in the week under review.
The Reserve Bank data showed that the special drawing rights in the International Monetary Fund increased by $ 4 million to $ 1.45 billion in the week under review, while the country’s reserve currency reserves in the IMF increased by $ 259 million to $ 4.52 billion.
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.