Russian luxury brand Caviar introduces new design of iPhone for Rs 5.8 lakh

Agencies
March 16, 2019

Mosco, Mar 16: Russian luxury brand Caviar has announced 99 pieces of iPhone XS and XS Max models at the starting price of $8,370 (nearly Rs 5.8 lakh), that come with a mechanical watch and the dial protected by a sapphire crystal.

"We continue the history of the greatest mechanisms integrated into the smartphone design and a smartphone body which is complemented with a watch mechanism and a tourbillon," the company wrote on its website.

The "tourbillon" is a miniature, constantly rotating mechanism that compensates the gravity impact on the time reckoning.

Tourbillon is indeed a special height in the watch world – a tiny mechanism, called “vortex” in French, with its movement compensates the gravity error in the accuracy of the clock rate and ensures the perfect preciseness of the time reckoning,” Caviar said on the website.

The body of the limited-edition iPhones comes with a composite black titanium panel with white composite stone inserts and gold-plated elements.

“Keeping finding an inspiration in the traditions of watch complications, Caviar went further than the idea to combine a mechanic watch with a smartphone and developed a unique model, where the modern iPhone XS is complemented with a tourbillon – a mechanism providing the perfectly accurate time reckoning thanks to the leveling of the gravity impact on the watch work,” it said on the website.

The dial is said to consist of a set of circles inscribed into each other.

Caviar is selling 64GB, 256GB and 512GB variants of iPhone XS for $8,370 (Rs 5.8 lakh), $8,680 (Rs 6.01 lakh) and $9,060 (Rs 6.29 lakh), respectively.

The limited edition 64GB iPhone XS Max model could be purchased at $9,130 (Rs 6.3 lakh) for the 256GB and $9,440 (Rs 6.54 lakh) for the 512GB variant.

The company said it guarantees free worldwide shipping as well as easy returns and refunds.

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News Network
July 23,2020

New Delhi, Jul 23: With the highest single-day spike of 45,720 cases, India's coronavirus count crossed 12 lakh mark on Thursday.

The Union Ministry of Health and Family Welfare informed that 1,129 deaths were recorded in the last 24 hours.

The total number of coronavirus cases stand at 12,38,635 including 4,26,167 active cases, 7,82,606 cured/discharged/migrated. The cumulative toll has reached 29,861 deaths.

Maharashtra has reported 3,37,607 cases, highest in the country followed by Tamil Nadu with 1,86,492 cases. Delhi coronavirus count has reached 1,26,323 cases.

According to the Indian Council of Medical Research (ICMR), 1,50,75,369 samples were tested till July 22 out of which 3,50,823 samples were tested yesterday.

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News Network
January 6,2020

Jan 6: Senior Bharatiya Janata Party leader Subramanian Swamy on Sunday said the country's economy is not showing good signs though Prime Minister Narendra Modi has manifested tremendous leadership skills in fighting terror and in social welfare projects.

The fiscal decisions of the government have not yielded the desired results, the Rajya Sabha MP said here.

"Modi had shown tremendous leadership skill in fighting terror, in several social areas, micro areas like bringing toilets to every village home. But the economy is a complex system...," he said while taking part in a discussion.

While every minister is talking about a 5 trillion dollar economy by 2024, but the current GDP growth has to be multiplied in four years to achieve that, the former Union minister said.

He said, if wages are slashed as a measure to cope with the situation, labor will become cheap but that will also cut down the people's purchasing power triggering dip in demand, closing down factories and rise in unemployment.

"This is one problem for which you really need an economist," he said.

Swamy said in jest, "I think Modi has one problem with me. Not only I am an economist but also a politician."

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News Network
February 11,2020

New Delhi, Feb 11: The government has decided to rename National Institute of Financial Management (NIFM), Faridabad, as Arun Jaitley National Institute of Financial Management, an official statement said on Tuesday.

Set up in 1993 as a registered society under the Department of Expenditure, NIFM trains officers of Finance and Accounts Services recruited by the Union Public Service Commission (UPSC) as also officers of Indian Cost Accounts Service. The Union Finance Minister is the President of the NIFM Society.

"Aligning the vision and aspiration of the Institute for the future with the vision and contribution of late Arun Jaitley, the Government has decided to rename National Institute of Financial Management (NIFM) as the Arun Jaitley National Institute of Financial Management(AJNIFM)," the statement said.

NIFM has become a premier resource centre to meet the training needs of the central government for senior and middle level of management in the fields of public policy, financial management, public procurement and other governance issues for promoting highest standards of professional competence and practice.

Padma Vibhushan awardee Jaitley was the Union Minister for Finance and Corporate Affairs during May 26, 2014 to May 30, 2019.

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