Business
China approves $10 bn in infrastructure projects
Beijing: China’s top economic planner on Thursday announced that it has approved the construction of six infrastructure projects, with an estimated investment of 68 billion yuan (about $10 billion).
The National Development and Reform Commission (NDRC) approved plans to build highways in the provinces of Gansu, Hebei and Jiangxi, construct two highway bridges across the Yangtze river and dredge part of the Grand Canal between Beijing and Hangzhou city, as per reported.
The most expensive of the projects would be a 244-km expressway in Gansu province, expected to require 37 billion yuan in investment.
Earlier this week, the NDRC said it had approved construction of four new railways stretching 2,000 km in total, with total investment of 253 billion yuan.
With its economy slowing, China has underscored spending on infrastructure as a major tool to shore up growth.
The country’s fixed-asset investment increased 10.9 percent year on year in the first eight months, while investment in infrastructure jumped 18.4 percent, official data showed.
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.