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
An airplane flies over New York, the United States, on June 7, 2023

New Yorkers suffer from smoke, haze due to Canadian wildfires

Smoke from raging wildfires in Canada has triggered air quality alerts in a number of US states, with the sky over New York City rapidly darkening and New York State Governor Kathy Hochul calling the development "an emergency crisis". Jun 8, 2023