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India’s wholesale inflation dips to lowest in six months 

Published

10 years ago

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Inflation-wpi

New Delhi: The annual rate of wholesale price inflation (WPI) decelerated further to its lowest in six months at (-)2.65 percent for April from (-)2.33 percent for the month before, providing more room for the Reserve Bank of India (RBI) to ease its monetary policy stance.

The annual rate of inflation based on WPI was 5.5 percent in April 2014. According to the official data, the country’s retail inflation based on consumer prices index (CPI) was also on a downswing in April this year, declining by 40 basis points to 4.87 percent.

The data on official WPI released by the commerce and industry ministry showed, the decline in the annual inflation rate was thanks mainly to a fall of 28.65 percent in the prices of minerals and 13.03 percent in that for fuels.

Under food articles, the price of potatoes was as much as 41.14 percent lower in April this year over the like month of the previous year. Similarly, the decline was 1.32 percent for vegetables and a marginal 0.04 percent in rice.

But onions were dearer by 29.97 percent, pulses by 15.38 percent, fruits by 14.22 percent and milk by 7.42 percent. As a result, the index for food articles gained 5.73 percent.

The easing of global crude oil prices also had a significant impact on prices of petroleum fuels, diesel contracting by 14.39 percent, petrol by 18.44 percent and cooking gas by 6.06 percent.

The index for manufactured products was also down 0.52 percent April over April.

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

Published

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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