india Archives - British Herald
Home Posts tagged india
Business

India seizes $725 million China’s Xiaomi over remittances

NEW DELHI — Indian authorities on Saturday seized $725 million from Chinese smartphone company Xiaomi, accusing it of breaking the country’s foreign exchange laws by making illegal remittances abroad, officials said. The Enforcement Directorate, India’s financial investigation agency, tweeted that it had seized the amount from Xiaomi’s local unit. The move comes after an
Asia

India’s northwest reels under unusual early heat wave

NEW DELHI — An unusually early heat wave brought more extreme temperatures Monday to a large swath of India’s northwest, raising concerns that such weather conditions could become typical. The India Meteorological Department forecast that the temperature in New Delhi would reach 41.8 degrees Celsius (107.2 degrees Fahrenheit) on Monday, nearly eight degrees above normal.