Highlights

  • Reports indicate Chinese phones under Rs 12,000 may be banned
  • Proposed ban to be a hit for Chinese giant Xiaomi

Latest news

Uttar Pradesh: boy shoots principal after being scolded for getting into fight

Uttar Pradesh: boy shoots principal after being scolded for getting into fight

Indian veteran Jhulan Goswami's emotional goodbye to international cricket

Indian veteran Jhulan Goswami's emotional goodbye to international cricket

Chandigarh viral video case: Army man held from Arunachal

Chandigarh viral video case: Army man held from Arunachal

Police: 2 non-local workers shot at in J&K's Pulwama by militants

Police: 2 non-local workers shot at in J&K's Pulwama by militants

Former Indian selector predicts favourites for T20 World Cup, and it's not India

Former Indian selector predicts favourites for T20 World Cup, and it's not India

Big blow to China: India may ban cheap Chinese smartphones

India post 2020 clashes with China increased scrutiny on Chinese companies in India

India, home to the world's second-largest mobile market may ban Chinese smartphone makers from selling cheap mobiles in India.

Bloomberg reports quoting unnamed sources that India is considering restricting Chinese smartphone makers such as Xiaomi from selling devices cheaper than Rs 12,000. As per data available phones under Rs 12,000 account for over 30% of sales in India, with Chinese companies accounting for up to 80% of the mobiles bought.

China seeks urgent meet with Sri Lanka as Colombo seeks deferment of research ship's visit

Don't disturb our exchanges: China after Colombo delays its vessel's arrival over India's concerns

The latest round of restrictions are a follow up on a series on changes made by the Indian govt after the India-China clash in 2020. After banning over 300 Chinese apps including popular TikTok, New Delhi also subjected Chinese firms operating in the country, such as Xiaomi and rivals Oppo and Vivo, to close scrutiny of their finances, which has led to tax demands and money laundering allegations. Chinese firms have also been excluded from the 5G trials as the new policy ensures telcos use only 'trusted sources'.

Up Next

Big blow to China: India may ban cheap Chinese smartphones

Big blow to China: India may ban cheap Chinese smartphones

Infosys co-founder Narayan Murthy: economic activities stalled in India during Manmohan-led UPA-era

Infosys co-founder Narayan Murthy: economic activities stalled in India during Manmohan-led UPA-era

End of WFH? Here's what Microsoft's Satya Nadella has to say

End of WFH? Here's what Microsoft's Satya Nadella has to say

Adani 2.O: Gautam Adani's elder brother is the 6th richest Indian

Adani 2.O: Gautam Adani's elder brother is the 6th richest Indian

SoftBank cuts valuation of IPO-bound OYO to $2.3 bn

SoftBank cuts valuation of IPO-bound OYO to $2.3 bn

Rupee breaches lifetime low; falls to 81 against US dollar

Rupee breaches lifetime low; falls to 81 against US dollar

More videos

Maharashtra co-operative bank licence cancelled, depositors can claim up to Rs 5 lakhs

Maharashtra co-operative bank licence cancelled, depositors can claim up to Rs 5 lakhs

Meet Kaivalya Vohra & Aadit Palicha, youngest entry in India’s Rich List 2022

Meet Kaivalya Vohra & Aadit Palicha, youngest entry in India’s Rich List 2022

This company gives 11-day reset-and-recharge break to its employees

This company gives 11-day reset-and-recharge break to its employees

Byju's balance sheet: why revenues and results are baffling everyone

Byju's balance sheet: why revenues and results are baffling everyone

Oyo plans its IPO early 2023 but will investors take the risk?

Oyo plans its IPO early 2023 but will investors take the risk?

Pakistan floods dig deeper into its economy

Pakistan floods dig deeper into its economy

Business tycoon Gautam Adani surpasses Jeff Bezos, becomes world's second richest

Business tycoon Gautam Adani surpasses Jeff Bezos, becomes world's second richest

The recession risk and reality: World Bank warns, FedEx flags worry

The recession risk and reality: World Bank warns, FedEx flags worry

Explained: Why Google removed over 2000 loan apps from India Play Store

Explained: Why Google removed over 2000 loan apps from India Play Store

Tsunami of shutoffs: Unpaid power bills by 20 million US homes

Tsunami of shutoffs: Unpaid power bills by 20 million US homes

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.