A Swiss government agency has disclosed having come across suspicious money laundering activities related to cases of "organised crime" in India.
Saina Nehwal bagged her first title of the year, clinching the Swiss Open Grand Prix gold trophy with a straight-games victory over Ji Hyun Sung of Korea in the final in Switzerland on Sunday.
The Pakistan government on Thursday informed the supreme court that it has sent a letter to Swiss authorities to revive graft cases against President Asif Ali Zardari on the condition that such a move would be linked to the international immunity available to heads of state.
In the past, several other Indian nationals have been named in such notifications after the Swiss FTA was approached by Indian authorities for information about those people with regard to the pending tax-related probes against them.
Earlier this week, the IOC banned Kuwait's Sheikh Ahmad Al-Fahad Al-Sabah for three years, saying he had an "undeniable impact" on this month's OCA elections in which his brother Sheikh Talal Fahad Al-Ahmad Al-Sabah was appointed president.
Switzerland will not share details about accounts held prior to September 2018.
Roger Federer bounced back to form with a quick-fire win over Mikhail Kukushkin of Kazakhstan on Tuesday as he began his bid for a seventh title at his hometown tournament in Basel.
Two-time champion Saina Nehwal and HS Prannoy progressed to the quarter-finals after straight-game victories in the women's and men's singles respectively at the $ 120,000 Swiss Open Grand Prix Gold badminton tournament, in Basel.
India's Akhil Sheoran secured the country's fifth Paris Olympics quota in shooting after winning the bronze medal in men's rifle 3-position competition at the ISSF World Championships in Baku on Sunday.
The amendments should be submitted by year-end.
Basel continued their dominance of Swiss football by winning their fourth successive league title, and a seventh in 10 seasons, with a 1-0 home victory over St Gallen in the final game on Saturday.
FIFA launched proceedings against the players who angrily harangued the referee after crashing out of the tournament in Qatar, despite beating Ghana 2-0 in their final group match on December 2.
Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
Amid concerns of bullion trade being used for routing of black money, Switzerland's gold exports to India have risen further and is fast approaching Rs 1-trillion mark for the entire 2014.
'It was a crazy game where we had the bit of luck that we didn't have in Slovenia'
Prime Minister Narendra Modi on Friday met Israeli President Isaac Herzog and underscored India's support for an early and durable resolution of the Israel-Palestine issue through dialogue and diplomacy.
'I'm not going to overplay. I'm not going to do anything different because I'm playing Novak. I'm going to play my game, play within myself and trust that if I play well, it's enough.' - US Open
Two-time defending champion Saina Nehwal crashed out of the Swiss Open Grand Prix Gold badminton tournament on Sunday. She was shocked by a lower-ranked Shixian Wang of China in the women's singles semi-final. The top seeded Indian ace fought hard before losing 11-21, 21-10, 9-21 to the fourth-seeded Chinese in a battle that lasted 50 minutes.
Ace Indian shuttler Saina Nehwal was on course for her third consecutive Swiss Open title as she stormed into the semi-finals of the Grand Prix Gold tournament after thrashing Tzu Ying Tai of Chinese Taipei in Basel.
Parupalli Kashyap crashed out of the Swiss Open Grand Prix Gold badminton tournament after losing to Wei Feng Chong of Malaysia in the men's singles pre-quarter-finals in Basel on Thursday.
Roger Federer won the Swiss Indoors title in his hometown of Basel for the fourth time in five years on Sunday when he beat Novak Djokovic 6-4, 3-6, 6-1 in the final.
If India was able to provide additional and new information about people and entities that figure on stolen lists, they may consider it to exchange information
After five misses in the World Cup's first penalty shootout, Argentina wisely practiced spot-kicks before flying to Sao Paulo for their last-16 clash with Switzerland.
This is the 2nd lowest amount of funds held by Indians.
A new strategy of 'layering' through gold and diamond trade has come to light at Swiss banks to thwart any attempt for identification of real beneficiary owners of funds entrusted with them.
During 2012, the Indians' money in Swiss banks had fallen by over one-third to a record low level.
A Swiss skier was killed and two others wounded by an avalanche in the north Kashmir's ski resort Gulmarg on Friday afternoon.
Chile kept their place at the top of Group H with a bitterly-fought 1-0 win over a stubborn 10-man Switzerland on Monday. The draw left Chile top on six points followed by Switzerland on three then Spain and Honduras, who are both without a point and play later on Monday in Johannesburg.
Croatia edged closer to next year's World Cup with an emphatic 4-1 home win over Greece on Thursday in the first leg of their two-legged playoff.
World Cup favourites Spain crashed to a shock 1-0 defeat to unfancied Switzerland in their opening game of the tournament at durban on Wednesday.
Swiss Stanislas Wawrinka stunned second seed David to reach the second round of the Zagreb indoor tournament.
Amid a growing global scrutiny of overseas funds deposited in Swiss banks, the quantum of total foreign assets managed by them has dipped by nearly 300 billion Swiss francs (about Rs 20 trillion) since 2008.
This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.
Roundup of Champions League matches played on Wednesday night
A rejuvenated Roger Federer beat fellow Swiss Stan Wawrinka 6-4, 7-5 in the BNP Paribas Open final on Sunday to earn a record-tying fifth Indian Wells title and the distinction of being the tournament's oldest winner.
It was France's sixth consecutive draw at home and third of the Group Four World Cup qualifying campaign.
Heralding an end to its banking secrecy wall, Switzerland will now share bank account and other details with foreign countries, including India, even without prior intimation to concerned persons and on the basis of queries emanating from stolen data.
Tina Ambani, wife of Reliance ADA Group chairman Anil Ambani, on Tuesday appeared before the Enforcement Directorate (ED) in Mumbai for questioning and recording her statement in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. Anil Ambani had recorded his statement in the case on Monday under sections of the Foreign Exchange Management Act (FEMA) and he is expected to appear before the central agency again later this week for completion of the exercise.
The Swiss Finance Ministry spokesperson further said the treaty states that "such persons or authorities shall use the information 'only' for such purposes.
As probe into suspected black money stashed abroad by Indians gathers steam, banks in Switzerland are running from pillar to post to safeguard their interest.
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