Indian challenge ended in the men's singles competition with Ajay Jayaram, P Kashyap and Sourabh Verma losing their second round matches at the Swiss Open Grand Prix Gold in Basel.
It was a disturbing message in the sense that the regulatory framework is not clear enough and is not always applied in a convincing manner.
This article aims at shattering some myths surrounding Swiss bank accounts.
With a Swiss bank staffer handing over details of 2,000 secret Swiss bank accounts to whistle-blowing site Wikileaks, CPI demanded that names of Indian account holders be disclosed and their funds confiscated.
Noting that tax evasion is not a criminal offence in Switzerland, a senior Swiss official has acknowledged differences with India on what can be made public about Indians having unaccounted money parked in Swiss banks.
A number of suspects are being questioned in connection with the gang rape of a Swiss woman in the Datia district of Madhya Pradesh, police said on Sunday while expressing hope of solving the case soon.
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.
As per the official figures disclosed by Switzerland's central bank, the Swiss National Bank, total deposits of Indian individuals and companies with all the Swiss banks put together stood at about $2.5 billion at the end of 2010.
Officials and politicians in Basel have begun discussions on how to honour the 20-time Grand Slam singles champion
India has moved up to 58th rank in terms of foreign money lying with Swiss banks, but it accounts for a meagre 0.15 per cent of an estimated $1.6 trillion total global wealth held in Switzerland's banking system.
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.
Taking the Indian challenge forward, P V Sindhu progressed to the women's singles quarter-finals after a tough win over Yu Po Pai in the USD 120,000 Swiss Open Grand Prix Gold badminton tournament, in Basel on Thursday. Sindhu overcame the challenge of the Taipei shuttler 21- 16 21-16 in the second round. However, B Sai Parineeth, who had eked out a memorable win over legendary Lee Chong Wei at the All England championship, made an exit from the event after losing 19-21 6-21 to second seed Tien Chen Chou from Taipei in the men's singles pre-quarterfinals.
Satwiksairaj Rankireddy and Chirag Shetty gained a place to achieve a career-best ranking
Switzerland notched their first win at a European Championship finals when it least mattered by beating a second-string side from Euro 2008 quarter-finalists Portugal 2-0 on Sunday.
Defending champion H S Prannoy eked out a thrilling win over China's Qiao Bin to advance to the quarterfinals of the $120,000 Swiss Grand Prix Gold badminton tournament, in Basel on Thursday.
Euro 2008 gets underway on Saturday with co-hosts Switzerland pitting their promising young team against an experienced Czech Republic side keen to prove their best days are not behind them.
Roundup of Champions League matches played on Wednesday night
Mukherjee and Swiss Foreign Minister Micheline Calmy-Rey signed the revised pact in New Delhi on Monday.
'A guy asked "Can I have a picture with you, Mr Nadal?"'
Swiss authorities have opened criminal proceedings against individuals on suspicion of mismanagement and money laundering related to the allocation of the 2018 and 2022 FIFA soccer World Cups in Russia and Qatar.
The unseeded Bencic, who also beat former world number ones Caroline Wozniacki and Ana Ivanovic in Toronto, wore a look of disbelief after the 18-year-old's forehand winner whizzed past Williams to seal the match.
Spain secured a place at Euro 2024 after Gavi's second-half goal was enough to beat Norway 1-0 away on Sunday and they will be joined by Group A rivals Scotland and Turkey from Group D following an eventful night in qualifying.
The alleged rape comes 10 days after a guest house owner in Pushkar was arrested on the charge of raping a 40-year-old British freelance journalist and a priest's relative was held for allegedly molesting an American woman tourist in Udaipur.
The Indian challenge at the Swiss Super Series badminton tournament ended with Anup Sridhar and Saina Nehwal going down to their more fancied rivals.
Switzerland, who needed only a draw to progress to the knockout phase for third time in the past four tournaments, found themselves under early pressure from already-eliminated Costa Rica before Blerim Dzemaili handed the Swiss the half-time lead.
The 23-year-old from Madhya Pradesh showed great anticipation and technique and added power to his smashes to bamboozle Jorgensen 21-15, 21-13 in a lop-sided contest.
Satwik-Chirag pair achieves career-best world no. 2 ranking
IMAGES from the ICC World Cup match played between Bangladesh and Sri Lanka, in New Delhi, on Monday.
India's men shuttlers had a great day in office with reigning Commonwealth Games champion Parupalli Kashyap winning the Austrian Open Championship in Vienna while young Sameer Verma made it to the summit clash of the Swiss Open.
The most important lesson is that you have to build your political proposition, and sell it yourself. You can't leave it to the courts, media, NGOs and civil society and expect them to play the role of the Opposition. That's precisely what Mr Modi's challengers have been doing and we know the results, notes Shekhar Gupta.
The charges of aiding tax fraud, to which Credit Suisse has admitted, are serious and reflect the deep malaise that afflicts the Swiss banking system.
Ace Indian shuttlers Saina Nehwal and Parupalli Kashyap reached the pre-quarterfinals of the Swiss Open Grand Prix Gold after notching up contrasting victories in the women's and men's singles competitions in Basel.
Swiss banks may have turned over client details to the US, but they have said India is not welcome there on a name-fishing expedition.
Swiss skier, Didier Defago, flew out of the shadows of his more illustrious team-mates to win his country's first men's Olympic downhill title for 22 years on Monday.
Pakistan's Supreme Court on Thursday directed Prime Minister Yousuf Raza Gilani to ask Swiss authorities to revive graft cases against President Asif Ali Zardari and to submit a report on the issue on March 21.
Swiss federal prosecutors are investigating soccer great Franz Beckenbauer and three other German soccer officials for fraud and money laundering in connection with the award of the 2006 World Cup to Germany.
With their hundreds of years of watch making experience, Swiss watchmakers can afford to take a long view of technological fads and fashions.
Swiss govt's latest response comes against the backdrop of P Chidambaram shooting off another letter to his Swiss counterpart.
Finance Minister Pranab Mukherjee on Monday said he has noted reports about reservations Swiss banks have in sharing client details with India, but did not say what course of action the government would take.
Asked about top Swiss bank UBS AG, reeling under criticism for sheltering American tax evaders, agreeing to US government's demand for disclosure, Kochhar generally hedged queries saying Indian banks were not in that kind of business. Black money had become a major issue in the run up to the Lok Sabha polls in April-May, with BJP leader L K Advani claiming that $500 billion of Indian money was stashed in banks abroad.
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