logo
Apple iPhone 16 is available for just Rs 30,325 on Amazon; check exchange deal and bank offer

Apple iPhone 16 is available for just Rs 30,325 on Amazon; check exchange deal and bank offer

Time of India6 days ago
iPhone 16 (Black, 128GB)
The
Apple iPhone 16
, unveiled during the 'It's Glowtime' launch event in September 2024, is now available at a steep discount on Amazon India. Originally priced at Rs 79,900 for the 128GB model, Rs 89,900 for the 256GB, and Rs 1,09,900 for the 512GB version, the premium smartphone is now retailing at a significantly reduced rate.
Thanks to limited-time offers and exchange deals, the 128GB Black variant can be purchased for as low as Rs 30,325. This marks one of the most substantial price drops for a recent iPhone release, making it a great opportunity for buyers to upgrade.
Apple iPhone 16 (128GB, Black) Amazon deal: Explore bank offer and exchange deal
The iPhone 16 (128GB, Black) is currently listed on Amazon India at its original price of Rs 79,900. However, a flat 8% discount brings the price down to Rs 73,500. Buyers can save even more by taking advantage of Amazon's exchange program. For instance, trading in an iPhone 15 (512GB) in good condition can get up to Rs 39,500 in exchange value, lowering the effective cost to just Rs 34,000.
iPhone 16 exchange offer
Additionally, customers using the Amazon Pay ICICI Bank Credit Card can receive an extra discount of up to Rs 3,675. With all offers applied, the final price can drop to as low as Rs 30,325, making it a compelling deal for iPhone upgraders.
Apple iPhone 16 specifications
Display:
The iPhone 16 comes with a 6.1-inch OLED display, offering a resolution of 2556x1179 pixels and a pixel density of 460 ppi. It holds an IP68 rating, protecting against water, splashes, and dust.
Camera:
A key feature of the iPhone 16 is the Camera Control, which grants quick access to visual intelligence, allowing users to recognise objects and locations swiftly. It enables fast camera access for taking photos or recording videos. An upcoming update will further enhance these visual intelligence capabilities. The iPhone 16 is equipped with a 48MP Fusion camera, featuring a 2x telephoto lens, and a 12MP ultra-wide camera. It also includes a 12MP TrueDepth front camera with an ƒ/1.9 aperture for selfies. The phone supports spatial photo and video capture, and new audio editing tools like Audio Mix allow users to adjust post-capture sound, simulate studio-quality recordings, or balance vocal tracks with environmental noise. Wind noise reduction is improved through machine learning, minimising background disturbances.
Processor:
Powered by the A18 Bionic chip, the iPhone 16 leverages second-generation 3-nanometer technology to enhance Apple Intelligence performance. Its 16-core Neural Engine is optimised for running large generative models, performing machine learning tasks up to twice as fast as the A16 chip. The 6-core CPU delivers a 30% performance boost over its predecessor.
Apple Intelligence:
Operating on iOS 18, the iPhone 16 introduces Apple Intelligence, a suite of advanced features available as a free software update. Apple Intelligence integrates writing tools into iOS 18, allowing users to rewrite, proofread, and summarise text in apps like Mail, Notes, Pages, and third-party platforms. In Notes and Phone apps, users can record, transcribe, and summarise audio. During phone calls, recordings notify participants, and post-call, Apple Intelligence provides a summary of key conversation points.
Also read |
NYT Connections hints and answers for July 15
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Not Mukesh Ambani, Akash Ambani or Anant Ambani, but this person owns India's most expensive car of Rs 1000000000, it is…, she is…
Not Mukesh Ambani, Akash Ambani or Anant Ambani, but this person owns India's most expensive car of Rs 1000000000, it is…, she is…

India.com

time5 minutes ago

  • India.com

Not Mukesh Ambani, Akash Ambani or Anant Ambani, but this person owns India's most expensive car of Rs 1000000000, it is…, she is…

Mukesh Ambani is in headlines for his expensive Antilia house, cars and luxurious lifestyle. But he is not the owner of India's most expensive car despite having the world's best cars collections. Who Is Owner Of India's Most Expensive Car? According to a report by ABP Live, Nita Ambani owns the Audi A9 Chameleon, a luxury car estimated at Rs 100 crore. It is an ultra-exclusive vehicle and has color-shifting paint technology that can change colors electronically at the press of a button. It also gives a unique driving experience. Only 11 units of this cars are sold worldwide, the Audi A9 Chameleon is among the rarest and most innovative cars ever built. Its blend of cutting-edge design and sheer exclusivity makes it a symbol of both wealth and technological sophistication. Nita Ambani's Cars Collection The Audi A9 Chameleon is powered by a 4.0-litre V8 engine with an impressive 600 horsepower. The vehicle's two-door design spans five meters in length with better presence on the road. It is a unique car with a single-piece windshield and roof. It also has a design rarely seen in conventional luxury cars. It is equipped with next-generation technology available only in this model, the car embodies the pinnacle of modern automotive innovation. Nita Ambani's Cars Collection Rolls-Royce Phantom VIII EWB: This extended model is celebrated for its opulent interiors and a commanding V12 engine. Mercedes-Maybach S600 Guard: Engineered for maximum protection, this armored sedan is bulletproof and blast-resistant, offering top-tier security. Ferrari 812 Superfast: A high-performance sports car has a mighty V12 engine, delivering both speed and style. Bentley Continental Flying Spur: A refined grand tourer, known for its elegant design, advanced features, and robust engine performance. Rolls-Royce Cullinan: This ultra-luxurious SUV combines off-road capability with Rolls-Royce's signature comfort and power. BMW 7 Series 760Li Security (2004 model): Luxury sedan designed for discreet security gives protection and prestige.

Apple's ultra-thin iPhone 17 'Air' could debut this year: What to expect
Apple's ultra-thin iPhone 17 'Air' could debut this year: What to expect

Business Standard

time5 minutes ago

  • Business Standard

Apple's ultra-thin iPhone 17 'Air' could debut this year: What to expect

Details about Apple's anticipated iPhone 17 Air have surfaced online, hinting at key specifications including display size, form factor, and battery capacity. The iPhone 17 Air is expected to debut in September 2025 alongside the iPhone 17 series and may replace the current Plus model in Apple's lineup. Here is what we can expect from the anticipated iPhone 17 Air model:Apple iPhone 17 Air: What to expectAs per a report by 9to5Mac, the iPhone 17 Air is expected to sport a 6.6-inch OLED display which will fit in-between the two Pro model iPhones. For reference, the iPhone 16 Pro and Pro Max feature 6.3-inch and 6.9-inch displays respectively, and the next generation iPhone 17 Pro and Pro Max are expected to retain this READ: Apple's foldable iPhone may not be much different from Samsung Fold: ReportThe display panel on the iPhone 17 Air will likely be of 2740 x 1260 resolution and will support Apple's ProMotion display technology for 120Hz refresh rate. It will likely get always-on support and is expected to get the Dynamic Island up top, housing the front-facing camera and FaceID sensors. Apple's iPhone 17 Air is anticipated to be the thinnest iPhone to date, with a body measuring just 5.5mm — surpassing the 6.9mm thickness of the iPhone 6, which currently holds the title. However, to achieve this form factor, Apple may have to reduce the battery capacity READ: Soon, WhatsApp will show ads in Status page, promote business ChannelsAccording to the report, the battery capacity on the anticipated iPhone 17 Air is not expected to exceed 3,000mAh. This corresponds to previous reports that stated that the ultra-thin iPhone model could sport a 2,800mAh battery. If true, the new battery would be approximately twenty per cent smaller than that of the iPhone 16 and forty per cent smaller than the current Plus model. Besides a smaller capacity battery, Apple may have to introduce some other hardware trade-offs to achieve the desired form factor, such as a more simplified camera setup. Unlike the dual- or triple-camera systems seen on other models, the iPhone 17 Air is expected to feature a single 48MP rear camera sensor, and a 24MP front-facing camera.

Sebi's AMC-family office plan sparks concerns over regulation and parity
Sebi's AMC-family office plan sparks concerns over regulation and parity

Business Standard

time5 minutes ago

  • Business Standard

Sebi's AMC-family office plan sparks concerns over regulation and parity

Sebi's plan to let AMCs manage non-broad-based pooled funds without PMS licences has sparked debate over regulatory parity, competitive fairness, and market safeguards New Delhi The Securities and Exchange Board of India's (Sebi's) recent proposal to permit asset management companies (AMCs) to manage family office funds has stirred debate, with concerns surfacing around regulatory overlap and market parity. On July 7, Sebi released a consultation paper suggesting major relaxations to existing regulations. The key proposal includes allowing AMCs to manage non-broad-based pooled funds—such as family offices and certain offshore vehicles—without obtaining a separate portfolio management services (PMS) licence, provided strict checks and balances are implemented. 'If AMCs are allowed to offer segregated mandates to large clients under a new category, the lines between PMS and mutual funds (MFs) will blur further. This raises regulatory parity questions,' said Sonam Srivastava, founder and fund manager at Wright Research PMS. She argued that PMS managers operate under stricter minimum investment thresholds, compliance costs, and client suitability obligations. 'If AMCs are allowed to offer similar services under the MF umbrella but with lighter-touch regulation or brand-driven advantages, it could lead to competitive imbalance and arbitrage,' she added. Uneven playing field and a new revenue stream Until now, AMCs interested in offering management and advisory services to such funds were required to hold a PMS licence, a layer of regulation the AMC sector contended created an uneven playing field compared to other intermediaries. Sebi's latest proposal opens up a new revenue stream for the domestic mutual fund industry, which handles assets worth Rs 75 trillion. 'The proposals could enable AMCs to engage with a wider spectrum of pooled vehicles which are non-broad-based, such as family offices or select offshore funds, which were earlier outside the regulatory scope,' said Swarup Mohanty, vice-chairman and chief executive officer, Mirae Asset Investment Managers (India). Safeguards, definitions and structural implications Under the proposal, non-broad-based funds are defined as those with fewer than 20 investors, or where a single investor holds more than 25 per cent of the corpus. Sebi has outlined safeguards to address potential conflicts of interest, including caps on fee differentials, resource allocation norms, and clear firewalls between mutual fund and private mandates. Pradeep Gupta, executive director and head of investments at Lighthouse Canton India, said a new set of investors would benefit from an experienced and well-resourced buy-side investment architecture that has proven itself across multiple market cycles. Market structure, HNIs and the competitive landscape A recent Jefferies report indicated that the high-net-worth investor (HNI) segment is already crowded, with revenue streams layered through various commissions and fees. Professional wealth managers now oversee assets exceeding Rs 65 trillion, and the space is witnessing strong competitive momentum for deepening service offerings. The report noted a likely trend towards advisory-led models as wealth managers look to tap larger-ticket clients. Despite concerns over increased competition, several PMS managers believe their established expertise in serving ultra-HNI requirements will remain a key differentiator. Divam Sharma, co-founder and fund manager at Green Portfolio PMS, said AMCs entering this space will heighten overall competition, but will also be subject to tighter controls on fees and operations. 'We've already built the systems and expertise needed for personalised, complex wealth solutions, so most family offices will continue to seek out hands-on, bespoke service,' he added. To allay concerns, Sebi has proposed permitting ancillary activities for AMCs, including fund distribution and global marketing. Public comments on the consultation paper are open until July 28, with market participants expecting a final framework before the end of the year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store