Finance Minister Arun Jaitley on Friday said Switzerland has agreed to share information on Indians having illicit money in Swiss banks on independent evidence provided in each case to the Alpine nation.
Former Maharashtra minister and Shiv Sena-Uddhav Balasaheb Thackeray leader Aaditya Thackeray on Monday claimed nearly '50 people', including 'some middlemen' and personal assistants, will be part of the delegation that will travel with Chief Minister Eknath Shinde for the World Economic Forum (WEF) gathering in Davos, Switzerland.
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As per the survey conducted by Swiss Bankers Association, protection of financial privacy remains important for people in the country with 86 per cent of respondents believing that the financial details of bank clients must be protected from third parties.
He was referring to the issue of Indians allegedly stashing unaccounted money in Swiss banks.
Swiss authorities cannot open graft cases against Pakistan President Asif Ali Zardari under an order from the supreme court, Law Minister Farooq Naek has said.
Claiming that about Rs 21 lakh crore (Rs 21 trillion) had been deposited in Swiss banks, the BJP said instead of trying to suppress fact, the government should publicise the names particularly after WikiLeaks report on the matter.
FIFA has completed a 22-month internal inquiry into allegations of high-level corruption and criminal misconduct that buffeted world football and handed its report to Swiss authorities, soccer's ruling body said on Friday.
Satwik and Chirag thus stood just one step away from their second Super 1000 title, having won the first one at the Indonesian Open in June last year.
A 12-bore gun was seized from the six accused, arrested in the Swiss woman's gang rape case, police said on Monday. The accused would be produced in the court later in the day.
India's ace shuttler Saina Nehwal stormed into the quarterfinals of the Swiss Open Grand Prix Gold badminton tournament with a straight game win over of Petya Nedelcheva of Bulgaria in Basel.
Indians' money in Swiss banks has fallen to a record low level of about Rs 9,000 crore.
Uruguayan soccer player Diego Forlan on Monday denied evading taxes by hiding money in Swiss accounts with the British bank HSBC Holdings PLC.
Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.
Some other tax authorities are looking at the allegations.
The world No. 1 made it three out of three wins on Sunday to give the Swiss a decisive 3-1 lead over Serbia.
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I was fascinated to see a room that was decorated like an Indian palace at Osbourne House, which was Queen Victoria's home when she visited the Isle of Wight.
Satwiksairaj Rankireddy and Chirag Shetty stormed into the men's doubles semifinal with a straight-game win over Indonesia's Leo Rolly Carnando and Daniel Marthin at the China Masters Super 750.
The Swiss Federal Office of Justice (FOJ) said it had blocked accounts at several banks in Switzerland after police arrested some of the most powerful figures in global soccer on Wednesday in US and Swiss corruption cases.
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Amid claims from various quarters that Indians have stashed away thousands of crores in secret bank accounts in Switzerland, the Swiss banks have asserted that any statistics about black money "simply do not exist."
The Swiss Attorney General's Office (OAG) opened criminal proceedings against Beckenbauer and three other former high-ranking German soccer officials last September. The proceedings related to allegations of fraud, criminal mismanagement, money laundering and misappropriation.
Satwiksairaj Rankireddy and Chirag Shetty staged a grand comeback after losing the opening game to beat top seeds Fajar Alfian and Muhammad Rian Ardianto of Indonesia in the final and win the Korea Open Super 500 badminton tournament, in Yeosu, on Sunday.
Photos from the World Cup Group E match between Switzerland and Ecuador, at Brasilia.
Ace Indian shuttler Saina Nehwal crashed out of the Swiss Open Grand Prix Gold Badminton tournament in Basel.
The Reserve Bank of India has sought views of the Union ministry of finance in giving permission for a 'Credit Suisse' Swiss Bank to open its first Indian branch in Mumbai.
Tunisia will start third-choice goalkeeper Aymen Mathlouthi and have striker Fakhreddine Ben Youssef act as his back-up in their final World Cup game against Panama on Thursday after FIFA rejected their request to add a replacement keeper to the squad.
Switzerland, long known as a place with unbreakable banking secrecy, has come under intense global pressure, including from India, to crack down on illicit fund flows.
The Swiss government has officially informed Pakistan that it cannot revive cases of alleged money laundering against President Asif Ali Zardari as the matter is time-barred, Law Minister Zahid Hamid has said.
H S Prannoy clinched his second Grand Prix Gold badminton tournament title by notching up a straight game victory over Marc Zwiebler of Germany in the summit clash of the Swiss Open.
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Switzerland coach Vladimir Petkovic has no preference over which side his team will face next after the scoreless draw against France that saw his men advance to the knockout stages of the Euros for the first time.
In this regard, AIG has entered into an agreement with Aabar Investments PJSC to sell its subsidiary, the insurance firm said in a statement on on Monday. According to UK daily The Telegraph, the Swiss subsidiary would be sold for about $254 million.
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The details are being shared with India on a 'spontaneous' basis and are different from the information sought earlier by the Indian authorities on the basis of 'leaked' or 'stolen' lists of certain banks.
Swiss Open champion Satwiksairaj Rankireddy and Chirag Shetty strengthened their world number six position, while women's doubles pairing of Treesa Jolly and Gayatri Gopichand was static at the 18th position.
'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'
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