Official sources said while the accounts of Nirav Modi, the diamantaire under arrest in this case in London, have deposits of $3,74,11,596 (Rs 258 crore) while the accounts in the name of his sister Purvi Modi has deposits of 27,38,136 (Rs 24 crore).
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.
Switzerland may not be on the World Cup Easy Street after a draw with mighty Brazil but coach Vladimir Petkovic said on Thursday he believes his team is headed down the right avenue as they prepare to face Serbia in a Group E clash.
Has the rail ministry taken care to draw up a transparent framework?
A first-half penalty earned Lille a shock 1-0 home victory over holders Real Madrid in the Champions League group phase on Wednesday.
Latest data from the Swiss National Bank showed that money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion
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.
Swiss entities keen to invest in India, says envoy .
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.
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.
Power distribution company officials said several areas, largely in central and east Delhi, were affected due to the failure. Some areas in north Delhi also faced outages.
News of all that's transpired on and off the football field
He was referring to the issue of Indians allegedly stashing unaccounted money in Swiss banks.
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.
The world No. 1 made it three out of three wins on Sunday to give the Swiss a decisive 3-1 lead over Serbia.
Indians' money in Swiss banks has fallen to a record low level of about Rs 9,000 crore.
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.
Uruguayan soccer player Diego Forlan on Monday denied evading taxes by hiding money in Swiss accounts with the British bank HSBC Holdings PLC.
Jude Bellingham rescued England from crashing out of Euro 2024 against Slovakia on Sunday with a stunning 95th-minute equaliser before Harry Kane's early extra-time winner sent the sub-par pre-tournament favourites into the quarter-finals.
Some other tax authorities are looking at the allegations.
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.
Sensex, Nifty under pressure on weak global cues.
Citing faster-than-expected recovery, rising consumer confidence and the resultant spending spike, Swiss brokerage UBS Securities has revised upwards its growth forecast for the current fiscal to 9.5 per cent from 8.9 per cent in September. The brokerage also sees the economy clipping at 7.7 per cent in FY23 but moderating to 6 per cent in FY24, as it expects the benefit of the low-interest rate regime to end by the end of FY23, and it sees the central bank hiking policy rates by 50 bps in the second half of the next fiscal. The Reserve Bank also forecasts 9.5 per cent GDP growth this fiscal while the average projection ranges from 8.5 to 10 per cent.
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.
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."
Dog-meat tweeting judge in Sun doping case had doubtful impartiality
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.
Swiss banks seek fresh undertakings from Indians.
Here is a quick guide to the eight games which get underway on Saturday.
Modi promised in his 2014 election campaign to recover billions of dollars sent to tax havens abroad to avoid income tax, now about 30 per cent in India
Photos from the World Cup Group E match between Switzerland and Ecuador, at Brasilia.
With rising incomes, education, and health awareness in India, especially in the big cities, droves of people are saying no to sugar.
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.
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.
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.
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.
Ace Indian shuttler Saina Nehwal crashed out of the Swiss Open Grand Prix Gold Badminton tournament in Basel.
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.
The assault took place when the woman, aged around 35, was leaving the Siri Fort Auditorium after watching a movie at the International Film Festival of India.
