Cases down, losses up: Hong Kong fights phone scams as amount swindled quadruples to US1 million

Hong Kong is experiencing a rise in financial loss as a result of mobile scams, despite the city’s increased prevalence of mainland Chinese learners falling victim.

In the first third of the year, 474 mobile con cases were reported, a 21 % decrease from the same period last year, according to local authorities. But the amount of money lost more than quadrupled to HK$ 789 million ( US$ 101 million ) from HK$ 195 million.

The majority of losses were caused by government official portrayal schemes. While there were 168 like circumstances, simply more than a third of the total score, they were responsible for at least HK$ 760 million of the cash swindled, local media reported.

According to Senior Inspector Lam Pui-hang of the Hong Kong Police Force’s knowledge meeting and con answer staff, more mainland Chinese students in the area are also falling for these schemes. &nbsp,

The South China Morning Post (SCMP ) reports that there were 39 cases involving mainland Chinese students in the first quarter of 2024, compared to 29 cases during the same time last year.

” BRAINWASHED” BY SCAMMERS

One of the recent cases involved an 18-year-old mainland Chinese victim. The first-year university student, identified as” Chen,” gave a video call to a police press conference about her experience.

Chen relates how she was contacted by phony immigration authorities who claimed to be her. &nbsp,

The caller had claimed that she had posted “undesirable advertisements” under her phone number registered in China and thus “violated Hong Kong laws” and would be “blacklisted”, HK01 reported. &nbsp,

Later, Chen was moved to a caller who claimed to be a police officer in mainland China and claimed to be involved in a money-laundering investigation. Additionally, the con artist gave her transfer information in statements from her real bank account.

Later, she received a copy of the arrest warrant and a freeze order. Due to the fact that Hong Kong officials and several banks were involved in the case, she was advised to keep any information a secret or she would be detained right away. &nbsp,

” At that moment I was extremely agitated”, Chen said in Mandarin. &nbsp,

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Putin to visit Beijing, meet Xi this week

” NO LIMITS” Alexander Gabuev, director of the Carnegie Russia Eurasia Center, told AFP:” The Russians want China to do more to support it. China is reluctant to do that because it does n’t want to undermine its relationship with the West,” Gabuev, director, said. Since Beijing’s invading Ukraine, commerceContinue Reading

Unleashed bank deposits misused in Chinese economy – Asia Times

Chinese banks deposits worth trillions of yen were necessary last month to keep the banking system, but the money has not yet been effectively used in the real market. &nbsp, &nbsp,

After officials mandated that Chinese banks stop their long-term process of offering extra attention to depositors, they lost deposits totaling 3.92 trillion yuan ( US$ 542 billion ) in the second month of April 2024. &nbsp,

New renminbi deposits plummeted 51 % to 7.32 trillion yuan in the first four months of 2024 from 14.93 trillion yuan in the same period of last year, the People’s Bank of China ( PBoC ) said on May 11.

At the same time, new yen money fell by 10 % to 10.19 trillion yuan from 11.32 trillion yuan for the same time.

Some research studies made comments on numbers that were worse-than-expected, but they were removed from social media. &nbsp,

According to Bloomberg, economists were unable to view at least seven analysis reports from Chinese securities companies posted on Twitter on Monday. According to the statement, complaints about unknown violations of public account laws were made about the social media platform. &nbsp,

According to the review, the incident highlighted China’s growing difficulty in getting accurate financial information. &nbsp,

Where’s the income?

According to the PBoC’s standard, island Chinese banks may offer interest no higher than 1.45 % on one- time deposits. &nbsp,

According to some economists, people were strongly encouraged to withdraw their deposits from banks in order to either purchase wealth management products with an average yield of 4 % or to refinance mortgage loans to save a 4.9 % cost. &nbsp,

The yuan deposit drop in April was attributed to Chinese institutions ‘ new policy of not charging savers any additional interest, according to Ming Ming, chief economist at CITIC Securities. He claimed that numerous individuals purchased money management goods with their money.

He claimed that as new payments typically grow slower or drop in April and July as Chinese banks attempt to meet their goals in March and June, seasonal factors also contributed to the decline. &nbsp,

Foreign banks have been fighting for deposits for the past two years as PBoC has continued to lower loan rates to boost the economy. &nbsp,

Banks lured lenders with “manual attention subsidies”. In response to the disruption of their services caused by computer errors, banks were actually allowed to pay their clients more interest as recompense. &nbsp, &nbsp, &nbsp,

A PBoC-led task force established in 2013 called the Self-Disciplinary Method for the Costs of Market-Oriented Interest Rates to order Taiwanese businesses to formally end this process by the end of April. &nbsp, &nbsp,

Even if they had already promised their clients, all banks may stop adding more attention to the PBoC standard.

It claimed that the process lacked foolish competition between banks, stifled the flow of money, and failed to foster a suitable interest rate environment to support real economic growth. &nbsp,

Bad credit demand

This past Saturday, the PBoC said that China’s aggregate financing to the real economy ( AFRE ) or total social financing, one of the key indicators of China’s credit demand, was 12.73 trillion yuan in the first four months of this year, down 3.04 trillion yuan from the same period of last year.

The AFRE was 12.93 trillion yuan in the first fourth. This indicates the second decline in the value of 200 billion renminbi since 2005, which is significant. &nbsp,

On Monday, the upstream yen fell to 7.2347 per US dollar, down 101 foundation points from last Friday and the lowest level in two weeks, as a result of the bad credit information. &nbsp,

Asia Times discovered that China’s AFRE figures in April, which appear to be very poor before annual adjustment, fall one common mistake below the linear pattern regression line using the US Census algorithm from the Eviews econometrics platform. In short, they are on the poor side but within normal parameters. And they are most likely the result of subpar financing to the real estate industry.

According to a study released by Minsheng Securities, the “manual attention subsidies” process has not yet been able to stimulate the economy as expected. If the new easement of property laws starts to show signs of effects, China’s AFRE will finally regain momentum for growth. &nbsp, &nbsp,

A hundred second-tier cities have made announcements to allocate their home purchase restrictions after May 9 with the exception of Hangzhou, Xian, and Fosan. These presentations increased property values.

Shares of Shimao Group Holdings have gained 133 % to close at HK$ 1.05 ( 13.4 US cents ) on Monday from last May 8. The value of China Aoyuan stock increased to 26 HK CNYs.

Read more: Hong Kong exports rise despite the Sino-US trade war

&nbsp, Follow Jeff Pao on X: &nbsp, @jeffpao3

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Privilege card loophole lets criminals in front door

Privilege card loophole lets criminals in front door
CIB captain Pol Lt Gen Jirabhop Bhuridej. ( POLICE PHOTO )

The Central Investigation Bureau ( CIB ) continues to investigate foreign nationals who are residing in the country on expensive visas and running a suspect business.

After the CIB learned that a Chinese think lived in Thailand and laundered a lot of money for call center fraud groups, the problem was exposed.

In an appointment with the Bangkok Post, Central Investigation Bureau Commissioner Pol Lt. Gen. Jirabhop Bhuridej stated that” Chen Yon Lai is a significant number who launders funds for illegal con groups in the region.”

On April 28, Mr. Chen, 52, was detained at his home in the eastern state of Chachoengsao, Thailand, at the same time as authorities detained a part of his group, only identified as Anan, 44, at his residence.

During the assault, authorities seized 11 million baht in cash, two servers, seven mobile phones, eight bank accounts books, 13 money cards, five cars and other assets worth about 42 million ringgit in full.

About 70 billion baht worth of online cards were discovered by authorities in Mr. Chen’s control.

Following an expanded analysis that saw the arrest of five call center crew members last year, the suspects were detained.

To mislead people of their funds, the group set up a false site on the CIB Facebook page.

Mr. Chen and Anan were two of the many individuals who were involved in the police investigation, which included them.

They were in charge of converting digital assets into cash and handling online cards used for illegal purchases.

Following that, authorities searched eight facilities to capture the two offenders: four in Bangkok, two in Samut Prakan, two more in Chachoengsao, and one in Nakhon Ratchasima.

Five more individuals with ties to the two accused were even questioned by the police.

Mr. Chen and Mr. Anan were accused of colluding with the government, international crime, entering phony information into a computer, and money laundering. They denied all expenses.

The authorities discovered evidence that Mr. Chen was using an application to manage numerous electronic wallets for a Thai call center gang after looking through the mobile phones that were taken from him.

Because he had to convert the digital money into cash, Mr. Chen was a vital member of the gang, according to Pol Lt. Gen. Jirabhop.

Mr. Chen claimed to have hired a Thai candidate to purchase a luxury home in exchange for the sale of several properties, including the two-story home he was detained in, area plots, cars, jewelry, and other priceless items.

Additionally, because Mr. Chen was a part of the Thailand Privilege Card program, which was formerly known as the Thailand Elite cards, the officers discovered that he had a five-year visa.

We are focusing on crooks who travel to Thailand on Privilege Card permits. According to Pol Lt. Gen. Jirabhop, offenders have been known to provide Thailand by using this type of card to facilitate their entry and exit.

He claimed that the Tourism Authority of Thailand ( TAT ) is in charge of producing the Thailand Elite card.

If the cards are not on the list, they can only be checked by immigration officials, who can only confirm their validity.

These criminals must take immediate action to prevent them from violating the opportunity, according to the statement. One way to share data among several parties is to share it.

” Before being ready for the pleasure cards, a background search on one’s financial resources should also be required, “he said.

On the day of Mr Chen’s arrest, police also found his Chinese wife and his three kids, who have Thai citizenship.

Because Mr. Chen made his wife’s relationship to a Thai person legally and gave the babies Thai nationality, the police claimed his children are now Thai.

When asked why Mr. Chen used Thailand as a staging area for cash fraud, Pol Lt. Gen. Jirabhop responded that it was because it had facilities like hospitals and international colleges to enable foreigners sit comfortably.

He continued,” Doing business here is easy.”

Our program makes it simple for anyone to conduct business, which opens up the door for criminals to employ Thailand as a haven for money laundering, he said.

He claimed that Mr. Chen used a non-custodial bag to exchange and convert digital currency to dollars and yuan.

He was able to quickly transfer money from the non-custodial wallet to another animal accounts run by the Thai call center gang.

Police did conduct additional inquiries to get more gang members.

We think there are still many members of the gang lying in both China and Cambodia, he said.

The CIB runs the Anti-Online Scam Operation Centre ( AOC), a one-stop service center for technology-related crimes, including online scams and fraud, in addition to apprehending offenders.

Through website. AOC, users can submit their problems. thaipoliceonline. move. t or via its 1441 line services.

He claimed that the AOC uses a mix of hostile and defensive tactics, including blocking illegal websites or websites from being accessed fraudulently, as well as tracking down illicit financial transactions.

The AOC has tracked down and detained numerous call center group community members and blocked more than 5, 000 web URLs since its establishment in November of last year.

However, some still fall victim to the tricks of call center fraud gangs.

The AOC collaborates with Thai bankers to track controversial bank accounts and stop questionable monetary transactions to prevent further damage.

He claimed that the partnership has prevented numerous loss in real time.

When with police hot on their neck, call center swindlers modified their approach by using crypto.

He added that the CIB is currently developing strategies to prevent similar events from occurring in the future by working with lenders, the Securities and Exchange Commission, and digital resource business owners.

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Gulf Binance aims for crypto supremacy

Gulf Binance aims for crypto supremacy
Mr. Nirun claims that providing well-known tokens and a top-notch software are key components of business management.

In a world where online resources are increasingly popular, Gulf Binance has emerged as a newcomer to Thailand’s 17 licensed change and agent companies.

The owner of the Binance TH program set an extreme goal of leading the booming bitcoin industry within two years of its public debut in January 2024, supported by the largest crypto exchange in the world by quantity.

As the online asset market heats up, Gulf Binance’s CEO, Nirun Fuwattananukul, maintains that the company has the necessary tools to take the lead in Thailand.

” We will be the No. 1 over the next two times,” I’m comfortable. 1 person in Thailand. In an interview with the Bangkok Post, Mr. Nirun remarked,” There is no denying that.”

” Based on our internal monitoring, we are about between third and fifth place then, and by the end of the year, we want to get No. 2″.

Gulf Innova Co Ltd, a wholly owned subsidiary of Binance Capital Management, and Gulf Innova Co Ltd, a wholly owned subsidiary of SET-listed Gulf Energy Development, are a joint venture that is regulated by the Securities and Exchange Commission and has four licenses to operate as a online resource change and agent.

Since its launch, Binance TH boasts the highest number of tokens ( 120 ) traded on an exchange. Another 10 currencies were being added at the time of the meeting.

He claimed that the business is on track to release a selection of 200 coins by the end of the year.

Main Techniques

To cash in on Thailand’s electric future, Gulf Binance’s operations are based on five proper pillars: constant platform enhancement, community building, driving adoption through education, a user- focused approach, and unwavering regulation compliance.

According to Chainalysis, Thailand ranks 10th globally in terms of crypto adoption, with 21.9 % of Thais embracing cryptocurrencies, nearly double the global average.

According to Mr. Nirun, the company’s three primary objectives are to become a market leader.

” Having the desired currencies is the first.” The next involves the quality of the platform”, he said.

” Binance now has a strong platform and processes by far the largest amount in the world. When we localise it, we’re going to make it even better and more easy, especially when compared with the companies”.

According to Mr. Nirun, the fourth approach includes marketing and training to spread the word about cryptocurrencies in Thailand.

He praised the company’s reputation for providing excellent customer service. To boost user trust and collaborate with other players to promote electronic education and increase crypto implementation in Thailand, it is also crucial to ensuring regulation compliance.

Gulf Binance has approximately 100, 000 customers at current and wants to own 900, 000 by yr- end, said Mr Nirun.

He claimed that the usual Binance TH user’s gender ranges from 35 to 40.

” There are so many people who invest in stocks and bonds, but have n’t invested in crypto. To attract more customers, Mr. Nirun stated that we want to expand the market by educating more persons.

Binance TH boasts 120 currencies traded on an trade, the most in the industry.

PRICE Combination

Contrary to popular belief, Bitcoin’s rate dropped as a result of its doubling on April 19.

The Bitcoin rate dropped sharply on May 1 to US$ 56,527, which is its lowest level in nearly two months. It also experienced a significant decline from the record high of practically$ 74,000 in March of this year.

” The people expected a great value leap after the halving”, he said. Rates have been rising since November or December of last year, so the supply decline was priced in a way that was far ahead of the event.

The US’s January 2024 release of place Bitcoin exchange-traded funds contributed to that price increase. Within 12 days of their launch, Bitcoin prices fell 14 % before rising 7 % over the subsequent seven- day period.

” If you look at past styles, you see about six weeks after lowering, the market will consider to combine. The reducing is beneficial in the longer term”, said Mr Nirun.

Some experts have talked of pricing reaching$ 100, 000- 150, 000 in 1- 3 times, he said.

” December 2025 is when we’re at a optimum.” People anticipate a bull pattern with more uncertainty as prices move up and down, according to Mr. Nirun, until December 2025.

” From a financial plan and cash perspective, the Federal Reserve’s interest rate reductions may be advantageous. That will boost property prices in general, not merely Bitcoin”.

He advised investors to keep an eye on politics and the tense regulations because they both affect property prices.

DIVERSE Investment

As one of Thailand’s biggest energy suppliers, Gulf announced its association with Binance in January 2022. Sarath Ratanavadi’s company’s strategy is to expand into new industries with this job.

Through the acquisition of Thaicom and Singtel-backed InTouch, as well as its wireless system Advanced Info Service ( AIS), in 2021, and its acquisition of dish operator Thaicom in 2022, Gulf has been deepening its investments in telecoms.

Gulf and AIS and Krungthai Bank have both applied for online bank licenses. Additionally, Gulf recently increased its stake in Kasikornbank to become the 14th-largest investor in one of Thailand’s largest businesses.

At a recent combined event held with Binance CEO Richard Teng in Bangkok, Mr. Sarath said that the two companies may strengthen their business relationship in the future.” Digital assets and bitcoin form a core part of the new economy, which have been accepted by the public for years.

Binance and several potential partners in Thailand were discussed, according to Mr. Nirun.

” Ultimately, I believe it was the confidence we received from Gulf regarding its plans to create an infrastructure and its entry into the digital asset space. That’s going to make a difference”, he said.

The issuance of electricity tokens could allow the two parties to further develop their cooperation, according to Mr. Nirun.

PROMINENT FEATURES

Binance TH established its orderbook to allow Thai users to purchase and sell digital assets in baht pairs after receiving its exchange license.

Utilizing Binance’s global platform, a local matching engine matches users ‘ orders and arranges opposing orders.

Binance TH now has the ability to offer Thai users crypto-to-crypto trading pairs and USDT (tethering ) pairs thanks to the broker license. According to him, the license makes it easier for the platform to integrate with the world’s exchange, increasing both the diversity of digital assets and liquidity.

The Astana Financial Services Authority oversees Binance TH’s integration of its orderbook with Binance Kazakhstan, a regulated digital asset platform for Kazakhstan.

One feature Binance TH offers is price alerts, which notify users of significant price fluctuations, enabling them to seize market opportunities swiftly, said Mr Nirun.

Users of the portfolio tracking tool can now see how well their assets are performing, he claimed, making better investment decisions.

In addition, the “whitelist function” is a protective measure that restricts withdrawals to addresses specified by the user, which was adopted to enhance the security framework.

According to Mr. Nirun, Binance TH is the only regulated Thai digital asset exchange that supports both the national digital ID and ThaID.

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Singapore has to bring in more foreign talent, but crucial to integrate them into society: PM Lee

He cited as an example the changing role of bank clerks in the banking sector.

” They sit it, you come, they smile, they trim your lender text, and then they do the deal. But then, nobody is on ATMs”, he said.

Instead of just letting them leave, businesses have been instructing clerks to redeploy them to different positions within the structure. Some of them, for instance, turn customer service officials, shared Mr Lee.

” You need them because Banks are nice, but you want a specific touch”, he said.

Press two if the ATM frustrates you and you use the support button; instead, you want someone to smile it. Then you become extremely frustrated because you are speaking in a mechanical tone. They are it, a mouth comes off, smiles, says’ How can I assist you’ as a true man, and talks you through it”.

Mr. Lee predicted that the employment environment would continue to change. For instance, the advent of synthetic intelligence&nbsp, may open up a real man from a certain task to do something else.

He declared,” We did work very hard to ensure that he or she can do something else.”

He cited the work of the nation’s in this area, including the establishment of a specialized organization SkillsFuture Singapore.

Mr Lee also pointed to a S$ 4, 000 ( US$ 3, 000 ) SkillsFuture grant in this year’s Budget, which Singaporeans aged 40 and above will receive from this month. When they reach the age of 40, younger Singaporeans will get the similar sum.

The S$ 4, 000 will be more focused in range and can only be used for selected education initiatives, Deputy Prime Minister Lawrence Wong, who is also Finance Minister, announced in February.

This includes component- time and complete- day diploma, post- diploma and academic programmes, as well as courses for the Progressive Wage Model sectors, he said.

A wide range of courses can be taken with the current fundamental level of S$ 500 in funds.

It is not a small sum of money, but it is a sign of how serious we are about it and how eager to see you taking things to boost yourself and your chances, according to Mr. Lee.

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India election: Modi’s divisive campaign rhetoric raises questions

Narendra Modi, India's prime minister, during a campaign rally in Agra, Uttar Pradesh, India, on Thursday, April 25, 2024. Modi doubled down on his attacks against the main opposition party by using language critics say sows division between the country's Hindu majority and Muslim minority.Getty Images

In the guide- up to India’s public election, Narendra Modi was expected to shape it as a vote on his generation as prime minister.

He was expected to gloat about accomplishments like extravaganza and spaceflights. He intended to restate that the new Ram church in Ayodhya represented an assertion of Hindu culture in India. With Mr. Modi hosting the G20 summit in September, the publicity raise that was anticipated to have an impact on the ballot was even expected to have an impact on foreign policy. His Bharatiya Janata Party ( BJP) won a third, record-equaling victory in a landslide, according to polls.

But earlier in the gruelling six- year election, Mr Modi’s plan shifted wheels, using divisive speech that has raised concerns about his tactics. He’s been accusing the antagonism, led by the Congress party, of appeasing the Muslim minority group.

Muslims make up 14 % of India’s more than 1.4 billion people. Taking a cue from Mr Modi’s promotion, social media posts by the BJP have, according to the criticism, “demonised” Muslims.
He told a march on 21 April that the opposition Congress wanted to deliver wealth to “infiltrators” and to” those who have some kids”. His notes were viewed as mentioning Muslims in general.

He warned girls at a different march that the opposition would seize their gold and give it back to Muslims. He accused the Congress of orchestrating a “vote jihad”, urging a “certain area” to unite against him. Yet Mr. Modi asserted that the Congress do” choose the Indian cricket team based on their religion.”

: Muslim offer their namaaz on ocassion of Eid Ul Fitr at YMCA Ground, Bombay Central on April 11, 2024 in Mumbai, India. (Photo by Anshuman Poyrekar/Hindustan Times via Getty Images)

Getty Images

That’s not all. Mr. Modi claimed in a new interview that the “whole world” was attempting to influence the votes. This year, Mr Modi blamed the Congress for taking” boatloads” of funds from entrepreneurs Mukesh Ambani and Gautam Adani. Rahul Gandhi, the head of the Congress, has long attributed Mr. Modi’s close ties to the two richest men in the country.

You have addressed Adani and Ambani in public for the first time. Do you know that trucks give wealth, in your opinion? Mr Gandhi responded in a digital communication. The comments have n’t been responded to by any businesspeople.

India’s criticism has also accused Mr Modi of Islamophobia, calling his comment “divisive, love speech”. A possible code of conduct infraction has been the subject of a request from the Congress. Since the BJP’s rise to power, hate talk against India’s 200 million Muslims has increased. However, some people were expecting a focus on highlighting Mr. Modi’s accomplishments with his fiery speech on the tree.

According to Rahul Verma of the Delhi-based Centre for Policy Research ( CPR ),” to be honest, I thought Mr. Modi’s campaign would be much more about the rising India story and what they had done for the people.”

Some say Mr Modi’s notes are not exceptional. They point to many such occasions during his previous election activities, including what they call his “inflammatory language” after the protests in Gujarat in 2002 ahead of the country’s council elections. ” So, it has not surprised me, but is has shocked me. There is no subtlety in the language being used, according to Carnegie Endowment for International Peace’s Milan Vaishnav.

A woman casts her ballot at a polling station during the third phase voting in India's general election, in Guwahati on May 7, 2024. (

AFP

In the first round of voting, many claim that the BJP might have been spooked by a significant drop in turnout in a largely low-energy election. In the previous two elections, won decisively by the BJP, high turnouts benefitted the party- 2014 was largely a vote against the Congress, and 2019 was a vote for Mr Modi.

Second, the opposition has been trying to reshape the narrative of the 2024 election, shifting focus from being solely a referendum on Mr Modi to campaigning on issues like unemployment, social justice and economic inequality.

Neelanjan Sircar, a political scientist, claims that the BJP succeeds in national elections because it prioritizes overarching national issues. He told a podcast recently that the party’s not “playing its strongest game” when elections become more regionalised, and local factors come into play.
Mr Modi’s party is targeting 370 seats this time, up from 303 in 2019. However, their rallying cry of” Abki Baar, 400 par” ( This time, above 400 ), aiming for the party and its allies to secure a landslide, might have backfired. The BJP is seen as a powerful force poised to completely transform India, with the opposition claiming to have taken advantage of the slogan.

” The opposition is using this slogan to say if they come with such huge majority, the BJP will change the constitution. Given that pre-poll surveys reveal high levels of economic anxiety, Mr. Verma speculates that the opposition’s campaign to empower poor and lower castes might have gained some support. ” This might have prompted Mr. Modi to confront this narrative head-on and give it a Hindu-Muslim twist.”

: Congress leader Rahul Gandhi addresses the Samajik Nyay Sammelan at Jawahar Bhavan, on April 24, 2024 in New Delhi, India.

Getty Images

Is Mr Modi’s divisive rhetoric a sign of desperation?

Not really, says Mr Vaishnav. It serves as a catalyst for his mobilization and, in my opinion, to compensate for his first few performances.

” Desperation suggests that the BJP is losing,” which I do n’t think is true. Without the BJP’s ability to keep its seats from 2019 and occupy new areas, it will be difficult to achieve the new 400-seat target.

In recent interviews with news outlets, Mr. Modi has sung a different song despite his rhetoric on the stump.

” I am not anti- Islam, nor am I anti- Muslim, “he told Times Now.

He said his government’s welfare benefits extended to all, irrespective of their community or religion, adding that” social justice and secularism is a guarantee from Modi”.

Mr. Modi criticized the opposition for using Muslims as political pawns, suggesting that the community should consider its own situation. Muslims should examine the community’s perception of shortcomings. He claimed that the Muslim world was changing without exception. When I go to the Gulf countries, India and I get so much respect. Here there’s opposition, “he said.

Finding the complexity of Indian election victories is always challenging. Gilles Verniers, a political scientist, believes they are rarely fought and won based on past accomplishments.

Instead, voters make their decisions based on what candidates and parties have to offer for the future. After building its past campaigns on welfare, security and nationalism, and having scored on these matters, the BJP does not have a lot of new ideas to offer to voters, hence the exacerbation of ethnic and religious nationalism, “he says.

Mr Modi and his party will disagree. Regardless of which party has the best chance of winning or losing, one thing is clear: this election has not yet manifested itself as a sweeping wave favoring any side. In politics,” says political analyst Pratap Bhanu Mehta”, never underestimate the power of boredom”. That could account for what many say is the BJP’s” nervousness”.

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