Beijing's stand on Masood doing material harm to China-India ties: Experts

Agencies
November 7, 2017

Washington, Nov 7: The recent decision by China to block a bid at the United Nations to list Maulana Masood Azhar, chief of Pakistan-based Jaish-e-Mohammed (JeM) militant group, as a global terrorist, is doing "material harm" to its ties with India, top American experts said today.

Last week, China had blocked a bid at the United Nations by the US, France, and Britain to list Azhar as a global terrorist, citing a lack of consensus among the members of the UN Security Council.

A veto-wielding permanent member of the UN Security Council, China has repeatedly blocked Indias move to designate Azhar a terrorist under the Al-Qaeda Sanctions Committee of the UN Security Council.

"I think it's an unfortunate move on China's part and I question the logic of continuing to block sanctions on known Pakistan-based terrorists at the United Nations," Jeff Smith from the Heritage Foundation said.

Smith said that China was "clearly" seeing its action as a favor to its all-weather friend, Pakistan.

"But the policy is increasingly undermining China's own strategic interests and stated foreign policy objectives," he said, noting that in September, China had, for the first time, relented to including specific criticism of JeM and other Pakistani terror outfits in the statement issued at the BRICS summit in Xiamen.

"It grievously undermines an increasingly prominent Chinese narrative about the need to take a tougher line on terrorism broadly, and in Afghanistan specifically," Smith said.

"It's actions are also doing material harm to the health of a China-India relationship already under duress," he said.

The Permanent Mission of the United States to the United Nations said that the Committee discussions over whether to add an individual or entity to the 1267 sanctions list are confidential to the committee.

"However, we would support efforts to list Azhar, Jaish-e Mohammeds founder and leader, on the 1267 Sanctions List and would encourage others to support his listing as well," a spokesperson for the US mission in New York said.

According to Rick Rossow from Center for Strategic and International Studies (CSIS), an American think-tank, China's latest move affirmed Delhi's belief in Sino-Pakistani collusion.

"By supporting this decision, China could have taken an important step to restart its ties with Delhi, yet Beijing chose a different path," Rossow said.

Rossow alleged that China continued to use the international system where it saw fit, "such as this vote", while undermining the international system in other areas, "such as maritime law".

"The timing is significant, coming on the heels of Washingtons stronger rhetoric against Pakistans support for terrorism. Much like the announcement of the China-Pakistan Economic Corridor, this decision was another Chinese lifeline to Islamabad at a precarious time," Rossow said.

Director of Initiative on the Future of India and South Asia at Hudson Institute think tank, Aparna Pande, said she was not surprised by Beijing's decision.

"While China worries about Islamist radicals it is concerned primarily with Uyghurs and on that front it will apply pressure on Pakistan," she noted.

"When it comes to Jihadis that target India, China does not see it as in its interest to force Pakistan. Further, being seen as Pakistans benefactor in the international arena is another benefit for Beijing," Pande said. The JeM, founded by Azhar, has already been in the UNs list of banned terror outfits.

Last year in March, China was the only member in the 15- nation UN Security Council to put a hold on Indias application.

The other 14 members supported New Delhis bid to place Azhar on the sanctions list that would subject him to an assets freeze and travel ban.

Azhar is accused of several terrorist attacks in India, including one on the Pathankot air force station in January 2016.

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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News Network
June 23,2020

New Delhi, Jun 23: In an unexpected development, the pump price of diesel is all set to surpass the petrol price in the capital, making it the most expensive transport fuel for the first time in a long time.

Globally, diesel is priced slightly above petrol prices due to the very nature of the product that has a higher cost of production. But in India, due to the lopsided taxation structure, diesel attracts lesser of the tax between the two auto fuels keeping its prices lower than petrol for last several years.

Diesel is currently priced at Rs 79.40 a litre in the Capital, just 36 paise short of petrol price that is being retailed at Rs 79.76 a litre. Going by the trend of price movement in the two products for the last few days where diesel prices have consistently increased by 50-60 paise per litre while the daily increase in petrol prices have fallen to just 20 paise on Tuesday, it is set to surpass petrol prices in next few days.

"Diesel price movement is sharper in international market and if oil companies follow the global price trend, diesel prices will surpass that of petrol later this week. It will be after many years that this would happen and is expected to sustain for some time unless government changes the tax structure of the petroleum products again," said an oil sector expert from one of the big four audit and advisory firms asking not to be named.

Interestingly, even in India the base price of diesel is expensive than petrol. According to the Indian Oil Corporation (IOC), while the base price of petrol in Delhi currently comes to Rs 22.11 per litre, the same for diesel is higher at Rs 22.93 per litre (effective from June 16, 2020). This has been the case for a long time, but retail price of petrol can be higher than diesel due to central and state taxes.

What has now brought diesel prices to a whisker of petrol prices in the capital is the Delhi government's decision early May to increase the Value Added Tax on diesel from 16.75 per cent to 30 per cent and on petrol from 27 per cent to 30 per cent. This increased the retail price of diesel and petrol in Delhi by Rs 7.10 and Rs 1.67 a litre respectively. With Central taxes on the two products already reaching identical levels, the Delhi governments move hastened price parity between petrol and diesel.

Currently, the Central excise on petrol is Rs 32.98 a litre while that on diesel it is Rs 31.83 a litre. The VAT on petrol in Delhi is Rs 17.71 a litre and that on diesel is Rs 17.60 a litre.

While the movement of retail pricing is being seen with a sigh of relief by vehicle owners whose cars run on petrol, those buying the relatively expensive diesel cars are now repenting on their decision. The development is also being seen with caution by automobile companies who have spent millions to ramp up their facilities for diesel run vehicles. The expectation is that demand for such cars will now fall, causing more damage to companies where sales are already impacted due to persistent economic slowdown and now the spread of COVID-19 pandemic.

"The pricing development would push automobile companies to strategies being followed by companies in the western markets where diesel run cars are not sold on fuel pricing differential, but on overall make and quality that puts them ahead of petrol run cars," the expert quoted earlier.

Yes, but for commercial vehicle sector the rising price of diesel had not been welcomed. In fact, the commercial transport sector had time an again threatened strike against the move to raise fuel prices.

With petrol and diesel retail prices closing, the case for adultering fuel has also gone down much to the relief of vehicle owners.

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coastaldigest.com News Network
April 25,2020

Bengaluru, Apr 25: Bajrang Dal's former Karantaka satate convenor Mahendra Kumar, who dedicated last decade of his life to expose the misdeeds and lies of Sangh Parivar, passed away today due to cardiac arrest here. He was 47 years old.

Kumar was undergoing treatment at Ramaiah hospital Bengaluru where he breathed his last today (April 25) morning. His final rites will be held in his hometown, sources said.

Kumar, who hailed from Koppa in Chikkamagaluru was a resident of Bengaluru.

He had reportedly involved in the 2008 attacks on Christians' places of worship in Mangaluru and Chikkamagaluru and had faced arrest for that. 

However, he quit Bajrang Dal same year and the apologized to Christians. He joined Janata Dal (Secular) in 2011.

After quitting Bajrang Dal and adopting left ideology, he openly attacked the ideology of right-wing outfits. 

He founded Jana Dhwani movement as a voice for the oppressed classes of the state. He used social media to attack the "manuvaad" for past one decade.

Comments

AA
 - 
Sunday, 26 Apr 2020

Rest in peace.....Sir

who will take over his job, who will fulfill his wishes to free this country from manuvad..?

Angry Indian
 - 
Saturday, 25 Apr 2020

GOD will turn the table for his good work at the last moment...we really lost good voice who is to support humanity...

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