Xiaomi

ED issues showcause notice to Xiaomi over FEMA violation; what does it mean [details]

The Enforcement Directorate (ED) on Friday said that the Adjudicating Authority has issued showcause notices to Xiaomi Technology India Private Limited, its officials and three banks under the relevant provision of the Foreign Exchange Management Act (FEMA) on the basis of a complaint filed by the probe agency in connection with illegal remittances made by the company to the tune of Rs 5,551.27 crore. Jun 9, 2023
S Jaishankar

World used Article 370 to keep India off balance: Jaishankar

Defending the abrogation of Article 370, External Affairs Minister S. Jaishankar on Thursday said that India was being kept off balance internationally for a long time through the provision, which prompted the action and now, the world understands the logic behind it. Jun 8, 2023