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.
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.
Ramalingam Kalirajan explains the pros and cons of both investment types.
'It was a crazy game where we had the bit of luck that we didn't have in Slovenia'
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.
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.
Swiss Stanislas Wawrinka stunned second seed David to reach the second round of the Zagreb indoor tournament.
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.
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
It was France's sixth consecutive draw at home and third of the Group Four World Cup qualifying campaign.
Gambia's players feared for their lives after the plane taking them to the Africa Cup of Nations finals made an emergency landing,
A Swiss skier was killed and two others wounded by an avalanche in the north Kashmir's ski resort Gulmarg on Friday afternoon.
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.
Three contenders for the men's singles title at the Australian Open, which starts on Sunday.
The total benefits paid by private life insurance companies to policyholders rose by 5.98 per cent to Rs 1.57 trillion during 2022-23. This figure stood at Rs 1.49 trillion in the corresponding year-ago period. On the other hand, Life Insurance Corporation of India (LIC) paid out 4 per cent fewer benefits at Rs 3.39 trillion from Rs 3.53 trillion in 2021-22.
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.
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.
Rajya Sabha MP Kapil Sibal on Friday described the electoral bonds scheme as a 'very big scam' and demanded that a special investigation team (SIT) be set up with court-appointed officials to probe the alleged quid pro quo and wrongdoings under it.
This is the 2nd lowest amount of funds held by Indians.
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.
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.
With the Swiss government's refusal to share information about Indians holding accounts in its banks, BJP president Rajnath Singh on Monday said India should mount diplomatic pressure on that country to get the details.
What many don't know is that Swiss banks are just like any bank in the world.
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.
The Swiss Finance Ministry spokesperson further said the treaty states that "such persons or authorities shall use the information 'only' for such purposes.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
India had threatened to stop Swiss, which, as the designated airline of that country, 'violated' a vital clause called the substantial ownership and effective control, mandated under the bilateral air services agreement between the two countries.
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.
Under pressure from India and other countries, Switzerland has made key changes in its local laws governing assistance to foreign nations in their pursuit of black money allegedly stashed in Swiss banks.
Prime Minister Narendra Modi on Saturday reacted to a viral selfie his Italian counterpart Giorgia Meloni took with him on the sidelines of the COP28 meet in Dubai, saying 'meeting friends is always a delight'.
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.
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
Swiss private bankers are likely to reduce their exposure to wealthy Indian clients as they cut down their discreet banking services in countries like Germany, France and the United States, analysts say.
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.
India has rejected the US proposed tariff reduction formula for agriculture at the WTO trade negotiations as it completely ignored New Delhi's special concerns and sensitivities.
The Hindujas have taken off the veil over their mid-sized Amas Bank in Switzerland by renaming it as "Hinduja Bank", in what its chief executive described as a bold move to expand its activities in trade finance, wealth management and investment banking.
At a time when crackdown on tax havens has acquired a political colour, data shows that Swiss banks held securities worth $3.35 trillion in 2008, with over half managed on behalf of foreign entities.
Swiss banks with secret accounts are known to hold substantial sums of money deposited by Indians. These funds amounting to billions of dollars were either illegally taken out of the country, or, were deposited in Switzerland and other tax havens instead of being repatriated to India.
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