Nation
Bangladesh, Bhutan too pull out of Islamabad Saarc Summit
Following the diplomatic blitzkrieg launched by New Delhi, Pakistan is virtually getting isolated in the region with Bangladesh and Bhutan joining India in boycotting the annual Saarc Summit scheduled to be hosted by Islamabad in November.
 
"The growing interference in the internal affairs of Bangladesh by 'one country' has created an environment which is not conducive to the successful hosting of the 19th Saarc (South Asian Association of Regional Cooperation) Summit in Islamabad," sources quoted Bangladesh as saying in a message to current Saarc chair Nepal on Tuesday.
 
"Bangladesh, as the initiator of the Saarc process, remains steadfast in its commitment to regional cooperation, connectivity and contacts but believes that these can only go forward in a more congenial atmosphere," the message said.
 
"In view of the above, Bangladesh is unable to participate in the proposed Summit in Islamabad."
 
In its message to Nepal, Bhutan, while reaffirming its strong commitment to the Saarc process and strengthening of regional cooperation, noted that "the concern of the Royal Government of Bhutan on the recent escalation of terrorism in the region, has seriously compromised the environment for the successful holding of the 19th SAARC Summit in Islamabad in November 2016", it is learned.
 
"Further, the Royal Government of Bhutan shares the concerns of some of the member countries of Saarc on the deterioration of regional peace and security due to terrorism and joins them in conveying our inability to participate in the Saarc Summit, under the current circumstances," the message from Thimpu said on Tuesday.
 
Sri Lanka, it was learned, has said that the event would not be possible without India's participation.
 
India on Tuesday announced that it was pulling out of the Islamabad summit after the September 18 cross-border terror attack on an Indian Army base in Uri town of Jammu and Kashmir that claimed the lives of 18 soldiers.
 
The attack came amid large-scale violence in Jammu and Kashmir that left around 90 people dead in the wake of the killing of Hizbul Mujahideen terrorist Burhan Wani on July 8.
 
In a statement, India said increasing cross-border terrorist attacks in the region and growing interference in the internal affairs of Saarc member-states "by one country" have created an environment that was not conducive to the successful holding of the 19th Saarc summit.
 
Ministry of External Affairs spokesperson Vikas Swarup said that India has conveyed to Nepal its decision not to attend the summit, for which Prime Minister Narendra Modi was scheduled to go.
 
"India remains steadfast in its commitment to regional cooperation, connectivity and contacts but believes that these can only go forward in an atmosphere free of terror.
 
"In the prevailing circumstances, the Government of India is unable to participate in the proposed summit in Islamabad," he said in the statement.
 
Pakistan has termed the boycott decision as "unfortunate".
 
The US has also said that it was pressurising Pakistan to act against terror safe havens within its borders.
 
"Well, I mean, clearly we've talked about that before is, while we've seen Pakistan make progress on some of the terrorist groups operating within its own borders and carrying out attacks within Pakistan's borders, that we continue to put pressure on Pakistan to respond to those groups who are, quote/unquote, 'seeking safe haven on Pakistan's borders', that -- who are intent on carrying out attacks elsewhere in the region," US State Department deputy spokesperson Mark Toner said in the daily press briefing in Washington on Tuesday.
 
The US is one of the nine observer members of Saarc, the others being Australia, China, the European Union, Iran, Japan, Mauritius, Myanmar and South Korea.
 
Toner said: "We want to see closer relations and a normalisation of relations, frankly, between India and Pakistan."
 
"It would be the -- to the benefit of the region. And we want to see deescalation in the political discourse between the two countries and greater communication and coordination between them," he said.
 
New Delhi has blamed the Pakistan-based Jaish-e-Mohammed terror outfit for the September 18 as well as the January 2 Pathankot air base attack in Punjab.
 
On Tuesday, Foreign Secretary S. Jaishankar summoned Pakistani High Commissioner Abdul Basit and made a demarche that proved Islamabad's links to the attack.
 
Modi has said that India would revisit the 1960 Indus Waters Treaty that calls for sharing of the waters of the six rivers of the Indus basin with Pakistan while indicating that the most favoured nation (MFN) trade status granted to the neighbour in 1996 might be revoked.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

 

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QNet: Bombay HC asks five including Michael Ferreira and Suresh Thimiri to surrender
The Bombay High Court on Tuesday asked the five prime accused, including former world champion of billiards Michael Ferreira, to surrender as per the directions passed by the Supreme Court in the multi-crore QNet scam case. The HC was hearing a bunch of writ petitions filed by these five accused. 
 
The five prime accused, including Ferreira, Srinivas Rao Vanka and Magaral Veervalli Balaji, both directors of Vihaan Direct Selling (India) Pvt Ltd, Suresh Thimiri, director of Transview Enterprises India Pvt Ltd, Malcolm Nozer Desai, who is a 20% stakeholder in Vihaan have approached the HC with their writ petitions. They were seeking to quash the first information report (FIR) filed by Gurupreet Singh Anand as well as a stay on coercive action against them by the authorities. 
 
A division bench headed by Justice Abhay Oka, while refusing to grant any relief, asked the five to surrender before authorities as per directions from the apex court. 
 
Last week, the Supreme Court, while accepting Maharashtra's standing council Nishant Khatneshwarkar's argument that the accused have failed to join the investigation and the charges are serious, had directed the five to surrender within a week.
 
Earlier in May, the Bombay High Court had also rejected bail plea of these five associates of QNet. While rejecting anticipatory bail applications of five accused the HC had observed that "the deceit and fraud is camouflaged under the name of e-marketing and business". This scheme is undoubtedly a multi-level marketing (MLM) activity and a pyramid structure of such scheme is prepared so that the members are promised to get money on purchase and sale of products, the Court had said.
 
Gurupreet Singh Anand, a computer consultant from Lokhandawala, Andheri in his first information report (FIR) stated that his wife was duped for Rs30,000 by some people who had introduced themselves as the independent representatives (IRs) of QNet.

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COMMENTS

gurupreet

3 weeks ago

QNET VICTIMS please beware of this shady character one Mr. Rafiq whose posing as an "High Court Advocate & RTI Activist" at various online web sites.

This guy is a sweet talker and will promise you refund from QNET if you appoint him as an advocate, he is doing nothing but cheating your further...here is his modus operandi...

He also claims to be behind several actions that have been taken place by mumbai police and FFVA but the FACT remains that he has nothing to do with any of these actions being taken all over India.

He will convince victims to appoint him as an ADVOCATE and thereafter tell victims to deposit Rs 50,000 in various bank accounts to show that he has been apponited.

He will promise that he will return back the money after showing that to QNET office but the FACT remains that after the money is transferred he will stop recieving your calls and vanish .

We have recieved multiple complaints against this FRAUD, please BEWARE you all have already been cheated dont get cheated again.

For your REFUNDS only follow the correct and LEGAL way to get your refunds along with compensation, for more info do drop us a email at [email protected]

FFVA i.e Financial Frauds Victims Association has been formed to help and provide legal aid to victims of QNET SCAM.

http://www.mid-day.com/articles/qnet-forms-financial-fraud-victims-forum-scam-gurupreet-singh-anand/17659179

Please stay away from crooks and fight for your legal rights in correct and proper way.

Regards
Gurupreet

Mahesh Sonar

4 months ago

I am also Victim of this scam

gurupreet

5 months ago

Bakrey ki AMMA ka tak KHAIR manaegi :)

Ralph Rau

5 months ago

It is a challenge to "betray" ones Qnet "friends circle".

Mr Ferreira should have stuck to his old game.

atul gupta

5 months ago


Be ready to fight against QNET/VIHAAN and all your uplines including friend.
Find QNET REFUND PROCESS and COMPLAINT AGAINST QNET procedure as below.
1st Option
If your purchase on product receipts is in INR rupees then with in 30 days of purchase or if your purchase is in USD dollar then with in 7 days you can send email to Qnet customer support for refund otherwise Qnet will deny you refund. Then go to 2nd option which all need to go for even after you get refund to get QNET banned from India and to save our brothers & sisters.
1. Get your IR ID and products receipts first. Both will come to your mail box once your upline register your email id on portal. If email id is given wrong by your friend/upline then first send email to Qnet customer support with copy of Pan Card and ask them to update your email id first. Qnet will confirm you updation of your email id. Then call Qnet support and ask your product purchase details.
2. Send a cancellation mail for both products and IR ID to the support team of QNET with a subject line as "REFUND IN****" provinding all details of transactions and product details.Usually IR number will be like IN4444 and all. Attach scanned PAN CARD and product receipts in the mail to them.
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
3.Once this mail is sent, the support team will create a CRF number and send to Hong Kong team for approvals for the refund request. It will take 20-30 working days for the refund to be processed by Qnet.
4.Meanwhile, mail them or call them on every alternative days for an update. QNET Numbers are :
9900060061,62,64,68-Veronika
9900060605,9148149320Jasvinder
5.Once Refund request is completed ,they ask for the mode of payment. Better go for Money transfer to your account, then you have to send a scanned copy of your cancelled account cheque leaf or bank statement.
6.After 20 working days, you will get your money refunded of the product to your bank account.
7.Rest of money left , you collect from your upline by filing complaint in local police station.

2nd Option
pls all go for 2nd option even if you get money refunded as per option 1 by QNET to ban QNET and save indians.
File written complaint/FIR against your friend and all uplines at local police station and write in complaint that QNET is running money circulation scheme which is banned in india as per prize ,chit and money circulation scheme ,1978. Your uplines will be called by police and they will return you money through QNET or themselves as you can not get refund from Qnet after 30 days are over if products purchased through indian portal and after 7 days if purchased through world portal. Warn your uplines that you are going to file complaint/FIR against them. Besides above process kindly by post or by hand send your complaint to THE DCP, ECONOMIC OFFENSES WING, MANDIR MARG, DELHI also to ban QNET by using format of complaint given below.
https://drive.google.com/file/d/0ByQ-yz2wwceEX3BEV3kxZlNkbDg/view?usp=drivesdk
In your complaint attach uplines photos, mobile numbers, your bank account statement if you transferred money from your account to upline account or cash/DD deposit receipt, pan card, address proof, purchase receipts. Mention in your complaint that meeting took place nearby your home or office otherwise local police will ask you to lodge complaint at police station where actual meeting took place. File complaint at your nearby police station and EOW DELHI both to fight against QNET. Do not sign any affidavit asked by your uplines to give back your money.

REPLY

Mahesh Sonar

In Reply to atul gupta 4 months ago

Atul ji thanks for your reply. Please help me to get my money back against these fradulens. need some info please give your mail id to personal help.

atul gupta

5 months ago

Madras High Court in 2005 declared MLM as illegal business. Qnet previously known as Goldquest and Questnet have been declared fraudulent companies by SFIO and Parliament of India. Qnet founder Vijay Eswaran is an accused in fraud Goldquest case filed by Chennai police in 2008. MPID Act have been imposed on Qnet and Bombay High Court has declared it as nothing but money circulation as per PCMS Act. Enforcement Directorate has registered a case and Economic Offenses Wing Mumbai has arrested few leaders like Ram Singh of Qnet Infiniti group. Lookout circular issued against Infiniti leaders like Sachin Gupta, Kavita, Sharfun Shaikh, who have fled to places like Dubai. CERT has blocked Qnet websites under Court’s order. CB-CBI of Andhra Pradesh shut down Questnet and case is going on in court. Govt of Andhra Pradesh has passed order for attachment of properties of Questnet. Questnet MD Pushpam Appalanaidu has been arrested. Michael Ferriera of Team Faith and shareholder of Vihaan Direct Selling, a franchise of Qnet have been denied anticipatory bail by High Court. Maharashtra CM has assured enquiry into Qnet operations. Now case has reached in supreme court and I am sure that after rejection of anticipatory bail finally from Supreme Court Vihaan Directors and Michael ferreira along with suresh thimri will go to jail. In India Qnet IR are duping and looting people on daily basis by using planned scripted way of showing their knowns and friends a business opportunity and chance to earn 5 crores in 5 years of project in partnership. They lure friends for investment from 3 lakh to 10 lakh to start business and after taking moneybuy products on online store of Qnet portal which are very expensive and useless products. Real purpose is not to sell products online but to induce new IR to indulge in chain business to trap more and more people for earning huge commissions through binary compensation plans. Even after cases going on Qnet in all over India still these agents are continuing this banned business of Qnet agressively.

Nifty, Sensex continue to be in a mild downtrend – Tuesday closing report
We had mentioned in Monday’s closing report that Nifty, Sensex might weaken further. The major indices of the Indian stock markets were range-bound on Tuesday and closed with marginal losses over Monday’s close. Trading volumes on the NSE were on the lower side, reflecting caution among investors. The trends of the major indices in the course of Tuesday’s trading are given in the table below:
 
 
The key indices closed in the red as selling pressure was witnessed in capital goods, banking and automobile stocks. The BSE market breadth was tilted in favour of the bears -- with 1,430 declines and 1,254 advances. On the NSE there were 614 advances, 828 declines and 61 unchanged.  IT (information technology) stocks traded with mixed sentiments, while banking stocks traded down due to profit booking. Textile and FMCG stocks traded with mixed sentiments on profit booking, according to market analysts. 
 
Automobile major Tata Motors on Tuesday announced its foray into the Bolivian commercial vehicle market by entering into a distribution agreement with local partner -- Bolivian Auto Motors. "We at Tata Motors understand our customers well and today have introduced class-leading products, suitable for varied terrains, with each of these built for better load carrying capability, more trips, with the lowest turnaround time," Rudrarup Maitra, Head (International Business), Commercial Vehicles, Tata Motors, was quoted as saying in a statement. According to the company, it has launched three commercial vehicles in the Bolivian market -- Tata SuperAce Petrol, Tata Xenon Petrol and Tata LPT 613 truck. Besides Bolivia, Tata Motors commercial vehicles are also sold in other South American markets like Chile and Ecuador. Tata Motors shares closed at Rs531.95, down 0.67% on the BSE.
 
State-run Coal India Ltd's share buy-back offer will open from October 3 to October 18, a regulatory filing said on Tuesday. Coal India board had approved the buy-back of over 10.89 crore shares at a price of Rs335 per share for an aggregate consideration not exceeding Rs3,650 crore. SBI Capital Markets Ltd on Tuesday informed about the letter of offer regarding buy-back offer to the equity shareholders of coal miner. "The buy-back offer size represents approximately 24.95 per cent of the aggregate of the fully paid-up share capital and free reserves, as per the audited accounts of the Company for the financial year ended 31 March 2016 and is within the statutory limits of 25% of the aggregate of the fully paid up share capital and free reserves as per the audited accounts of the Company for the financial year ended 31 March 2016," the filing said. Coal India shares closed at Rs332.00, down 0.20% on the BSE.
 
The US dollar slipped against most major currencies on Monday ahead of the country's first presidential debate between Republican Donald Trump and Democrat Hillary Clinton. Analysts said the debate has cast huge amount of uncertainties over the country and thus hurt the currency. The dollar index, which measures the greenback against six major currencies, was down 0.23% at 95.262 in late trading. On the economic front, US sales of new single-family houses in August were at a seasonally adjusted annual rate of 609,000, beating market consensus, reported the Commerce Department on Monday. American investors are cautious over the outcome of the US Presidential elections. However, Indian market analysts feel that in our stock markets it would be ‘business as usual’ irrespective of who wins the election.
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given below:
 

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COMMENTS

Shekhar Mirgunde

5 months ago

Congestion in bull market intrest rates are going down major currencydollardepreciating bond market volatality

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