Business
For gold exchanges SEBI will also be the designated regulator : Govt
The government has said that the Securities and Exchange Board of India (SEBI) will also be the designated regulator for gold exchanges. SEBI’s job will be to ensure transparency in gold transactions.
Finance Minister Nirmala Sitharaman said in the budget speech for FY 2021-22, In the budget of FY 2018-19, the government had expressed its intention to set up a system of regulated gold exchanges in the country. SEBI will be notified as a regulator for this purpose. ”Analysts have termed it a very important step. This will ensure transparency and accountability.
Along with this, the government has also talked about strengthening Warehousing Development and Regulatory Authority. Finance Minister said that the authority would set up a commodity market eco-system, which would deal with warehousing as well as vaulting, assessing, and logistics.
The government has started the process of preparing a definite structure in view of the long-standing demand of setting up a bullion exchange with the announcement of making SEBI a designated regulator, according to Narindra Wadhwa, President of Commodity Participants Association of India (CPAI)
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.