Daily Archives: September 17, 2026

BYD, Xiaomi and Innolight executives likely to join Xi Jinping on US visit: sources

Executives from BYD, Xiaomi, Zhongji Innolight, and Bank of China are likely to join Xi Jinping’s upcoming US trip, sources say. The sizeable business delegation would mirror Trump’s CEO entourage during his May Beijing visit, signaling potential investment deals at the summit despite Innolight facing US export-restriction scrutiny. Source: SCMP Read More…

UPI Fee Shock: Festive Shopping Faces Price Hikes as Retailers Cut Discounts

Retailers and apparel makers are warning that prices could rise or festive discounts could shrink after the government introduced a 0.4% Merchant Discount Rate (MDR) on UPI transactions above ₹2,000, effective October 15. Although retailers are prohibited from directly passing the MDR on to consumers as a surcharge, industry executives say higher prices or reduced…