
iPhone 16e can be yours for around Rs 35,000, but there's a catch
For example, exchanging an old iPhone 11 brings an additional discount of Rs 13,875. That means the iPhone 16e could be yours for just Rs 35,725. Even trading in an iPhone SE 3 gives you a Rs 12,100 reduction, bringing the final price to Rs 37,500 — a great deal for a device that only launched a few months ago.Of course, the final exchange value depends on your phone's condition and model. To check the trade-in value, visit Amazon, select your preferred iPhone 16e model, and enter the details of your old phone. If your device qualifies for a high exchange rate, you could land a very good deal on Apple's latest entry-level iPhone.But, should you buy it?Even without the exchange offer, using the bank discount alone gets you the iPhone 16e for Rs 49,600. That makes it a sensible choice for anyone looking to buy an iPhone for under Rs 50,000. Yes, spending a bit more will get you the regular iPhone 16, which is technically better — but if you're on a strict budget, the 16e gives you excellent value.Keep in mind that the iPhone 16e skips a couple of features — there's no MagSafe support and no ultra-wide-angle camera. But in return, you get a bright OLED display, the Action Button, Apple's custom C1 modem, the high-end A18 chip, 8GB RAM, and Apple Intelligence support. For the price, it delivers quite a bit.To recap, the iPhone 16e launched globally on February 19 this year. Pre-orders began on February 21, with open sales starting on February 28.- Ends

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Indian Express
18 minutes ago
- Indian Express
SBI mobilises Rs 25,000 cr via QIP
State Bank of India (SBI) on Monday successfully raised Rs 25,000 crore through a qualified institutional placement (QIP) of its equity shares, marking the largest QIP ever in the Indian capital markets. The shares were issued at a price above the floor price of Rs 811.05 per share. 'The book received robust demand and was oversubscribed 4.5 times, reflecting strong investor confidence in SBI's strategy and the outlook for India's banking sector,' SBI said. The offering received an overwhelming response, with total subscriptions amounting to Rs 1.12 lakh crore. Foreign investors accounted for 64.3 per cent of total demand, underscoring the attractiveness of India's growth story. Marquee long term investors received 88 per cent of the final allocation, including 24 per cent of the issue size placed with foreign long-term investors, it said. SBI shares closed 0.11 per cent higher at Rs 824.20 on the BSE on Monday. SBI Chairman CS Setty said: 'This landmark equity raise is a vote of confidence in SBI's solid fundamentals, prudent risk management and digital-first growth agenda. We are grateful to both domestic and international investors for their overwhelming support, which also speaks volumes about the current strength and future potential of the Indian economy.' The capital infusion will strengthen SBI's Common Equity Tier-1 (CET-1) buffer, which is set to rise from 10.81 per cent as of March 31, 2025, to 11.50 per cent. This will enable the bank to support measured credit growth across the retail, MSME, and corporate segments.


Indian Express
18 minutes ago
- Indian Express
Govt collected Rs 437 crore as income tax from crypto in FY24, up 63% from FY23
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Time of India
an hour ago
- Time of India
MP gets Rs11k crore investment proposals from Dubai & Spain
Bhopal: Madhya Pradesh has received investment proposals worth over Rs 11,000 crore from corporates in Dubai and Spain during chief minister Mohan Yadav's seven-day visit to the UAE and Spain. Upon his return to Bhopal, Yadav briefed the media on investment proposals received during his visit abroad, on Sunday evening. Yadav stated that he visited five nations under his govt's ambitious outreach programme to attract investment in Madhya Pradesh. During his previous visits to Germany, Japan, and the UK, significant investment proposals were also received for Madhya Pradesh. It is a matter of great pride that Madhya Pradesh is emerging as a global investment hub, Yadav said. He mentioned that investment proposals worth over Rs 11,119 crore were secured during visit to Dubai and Spain. They are expected to create employment for more than 14,000 people. During the CM's visit to the UK and Germany in Nov 2024, investment proposals worth Rs 78,000 crore were received — Rs 59,350 crore from the UK and Rs 18,090 crore from Germany — across various sectors. Following his visit to Japan in Jan 2025, Yadav said that an agreement was reached to establish Japan-MP Industrial Cooperation Forum, which would work towards founding a Japanese industrial park and skill development centres in MP. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like These Are The Most Beautiful Women In The World Undo This is in addition to Rs 30 lakh crore investment proposals received during Global Investment Summit (GIS) 2025 held in Bhopal and Regional Industrial Conclaves held in Ujjain, Jabalpur, Gwalior, and Sagar in the run-up to GIS 2025. Besides tours abroad, the CM also visited several locations in the country to explore possibility of investment in the state and showcase it as a hot destination for industrial investment. These locations include Mumbai, Coimbatore, Bengaluru, Kolkata, Surat, and Ludhiana.