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Xiaomi’s pivot from smartphones to electric vehicles may have come at a human cost. The wife of one worker alleges that the intense work schedule contributed to his death last year.
Bloomberg’s Peter Elstrom discusses this story and the culture of long working hours in the Chinese tech sector in a segment with Caroline Hyde on “Bloomberg Tech.”
(Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-11-03/the-human-cost-of-xiaomi-s-rapid-pivot-to-evs-video
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Capital markets regulator Sebi launched two new initiatives. These are validated UPI Handles and SEBI Check. The tools aim to strengthen investor payment security. They prevent fraudulent fund collections. Validated UPI handles identify legitimate intermediaries. SEBI Check allows investors to verify bank details. These steps enhance trust in India’s securities market.
In August 2025, the Trump administration imposed a 25 per cent tariff on Indian goods, raising the total tariff burden to 50 per cent, due to India`s continued oil imports from Russia