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GDP likely to grow 5.5 percent in 2015: Mid-year review

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10 years ago

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New Delhi: The country’s economy is likely to grow at around 5.5 percent in the current fiscal, the finance ministry said in its mid-year review tabled in parliament Friday.

In the first six months of 2014-15, the economy grew at an annual 5.5 percent, the report said.

Based on the trend of receipts and expenditure relative to the Budget, the finance ministry said the budget deficit target is in line with estimates.

The report added that the government expected no change in interest rates till the fiscal year ends in March.

Presenting the report, Finance Minister Arun Jaitley told the Lok Sabha that lower international crude prices will help keep down the current account deficit. Prices have plunged to a five-year low from over $100 a barrel in June to $58 now.

The Indian economy logged 5.3 percent growth in the second quarter of this fiscal, against 5.7 percent in the first quarter.

Consumer price index-based inflation, meanwhile, eased to a record low of 4.38 percent during November — from 11.16 percent during the corresponding month last year — on the back of lower food prices.

Industry’s pitch for rate cuts and economic reforms has become sharper, with factory output slipping further to log a 4.2 percent drop in October even as retail inflation eased further to a historic low of 4.38 percent in November, official data showed earlier this month.

The economy expanded at 4.7 percent in the entire 2013-14 financial year, marking a second straight year of below 5 percent growth.

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

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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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