12 Indians arrested for running illegal networking business in Nepal
Kathmandu, May 12: Twelve Indian nationals have been arrested for allegedly running an illegal networking business and duping several people in the Himalayan nation, according to media reports.
All the 12 accused, belonging to Uttar Pradesh, were arrested from a hotel in Kathmandu on Friday while organising an orientation and training programme to run the illegal networking business for around 300 Nepalis, the Himalayan Times reported.
Networking business, under which money is sent to foreign countries without any legal channel, has been banned by Nepal Rastra Bank.
Metropolitan Crime Range said all the suspects have been taken into custody.
"They were asking the people participating in the orientation to invest USD 1,250 promising them attractive return, a spokesperson for the Metropolitan Crime Range DSP Hobindra Bogati was quoted as saying.
He further said the arrested Indian nationals had opened an unregistered marketing company in Nepal named Shine Group International.
"The arrestees have already swindled many Nepalis in the name of the company," the official said.
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Finland's President Stubb kicks off 4-day visit to India; trade, innovation top agenda
New Delhi (PTI): Finnish President Alexander Stubb began a four-day visit to India on Wednesday to bolster bilateral cooperation across a wide spectrum of areas, including trade, investment and critical technology.
Stubb will hold talks with Prime Minister Narendra Modi on Thursday following which the two sides are expected to firm up a number of Memoranda of Understanding (MoUs) to boost cooperation in a number of sectors.
The crisis in West Asia is likely to figure prominently in the meeting.
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"The visit will further strengthen the relations between Finland and India, including in the area of trade," Stubb said before leaving for New Delhi.
The Finnish president will grace as the chief guest at the inaugural session of the Raisina Dialogue on Thursday evening.
Stubb was accorded a warm welcome at the airport by Minister of State for External Affairs Kirti Vardhan Singh.
"India and Finland share a warm and friendly relationship rooted in shared democratic values. President Stubb's visit will impart further energy to India-Finland relations," External Affairs Ministry spokesperson Randhir Jaiswal said on social media.
The Finnish president is accompanied by a high-level delegation comprising ministers, senior officials and business leaders.
Stubb's visit to India comes weeks after Finland's Prime Minister Petteri Orpo travelled to New Delhi for the AI Impact Summit.
The Finnish president will also meet President Droupadi Murmu and Vice President C P Radhakrishnan.
Stubb will travel to Mumbai on Friday where he is scheduled to meet several business leaders. The Finnish leader will conclude his visit on Saturday.
