Friday, 1 July, 2022

Topic: Xiaomi

How Realme tapped India’s smartphone market & escaped Modi govt’s crackdown on Chinese firms

All Realme smartphones sold in India are built in the country. It commanded 16% of India’s smartphone market by shipment volumes in this year's 1st quarter, only behind Samsung & Xiaomi.

ED seizes Rs 55.51 billion from Chinese company Xiaomi for forex violation

The Enforcement Directorate took control of the bank accounts of Xiaomi Technology India under the provisions of the Foreign Exchange Management Act.

Communist Xi explains capital’s benefits as Chinese executives speak up on economic crisis

Business leaders now openly say that Beijing’s zero-Covid policies are slowly destroying the economy. It is becoming difficult for many to justify Xi’s ‘common prosperity’ campaign.

ED seizes Rs 5,551 crore from Chinese smartphone giant Xiaomi under FEMA law

The seized amount is lying in the bank accounts of Xiaomi Technology India Pvt Ltd, which started its operations in India in 2014 and started remitting the money in 2015.

Why Lithuania is urging its citizens to throw away their Chinese Xiaomi & Huawei phones

A report by Lithuania's defence ministry noted that a censorship feature in Xiaomi's Mi 10T can be switched on remotely while a security flaw was flagged in a Huawei phone.

Facebook, Xiaomi, Google — India’s $1 trillion digital loan market draws all the big names

India's online transactions surged during pandemic as traditional lenders turned cautious following rise in bad debt. Experts estimate digital lending to treble to $350 billion by 2023.

A young man from Meerut helped ‘made in China’ Xiaomi sweep India’s smartphone market

In 'Xiaomi', Jayadevan P.K. chronicles how the company built a cult following & went from a Chinese start-up to a global player in the smartphone market.

New book traces Xiaomi’s journey from Chinese startup to global brand with cult following

Published by Harper Collins, 'Xiaomi: How a Start-up Disrupted the Market and Created a Cult Following’ by Jayadevan P.K will be released on 15 April on ‘SoftCover’.

Xiaomi sues US seeking to reverse investment ban

The lawsuit came after the Defense Department determined earlier this month that China’s biggest smartphone maker was affiliated with the People’s Liberation Army

Trump administration blacklists Xiaomi, 10 other firms in widening assault on China tech

Xiaomi's ban comes as a surprise as US so far has been banning Chinese firms with military links, for the stated purpose of protecting national security.

On Camera


Representational image | Islam devotees offer Friday prayers during Ramadan, Patna, April 2022 | PTI

Quran says no one can limit others’ freedom. Udaipur killing violates Islam’s golden rule

Throughout history, Islamic scholars have uniformly agreed that respecting and obeying the law of the land is an essential aspect of faith.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

RBI intervenes with multi-pronged strategy in battle against rupee fall

The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.


National Security Adviser Ajit Doval | File photo: ANI

At 1st Maritime Security Group meet, NSA chief Doval stresses on coordination among stakeholders

Meeting chaired by Vice Admiral (retd) G. Ashok Kumar, India’s 1st national maritime security coordinator. ‘Crucial policy issues’ such as ‘blue economy initiative’ also discussed.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.