Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
The case has been registered under Indian Penal Code sections related to murder.
Manmohan Singh and Musharraf felt that what they were embarking upon, if successful, could lead to a future of boundless potential for the two countries and for the relationship that was hard to foresee from the prism of the existing situation and the historical position and orthodox ideas on both sides.
India's military prowess and multi-hued images of the country's rich cultural diversity and achievements in various fields were on display at the majestic Rajpath on Tuesday during 67th Republic Day parade which was graced by French President Francois Hollande as the chief guest.
Despite its recent underperformance, gold must be a part of your portfolio.
Kargil Vijay Diwas is observed on this day every year, marking successful conclusion of the war with Pakistan in the Kargil-Drass sector of Jammu and Kashmir in 1999.
Two Central Reserve Police Force officers, who killed top Maoist leader Kishenji in West Bengal, were on Saturday honoured with the Shaurya Chakra by President Pranab Mukherjee along with 12 personnel from the Army and the Indian Air Force.
The first joint theatre command would be responsible for the border against Pakistan in what the military refers to as the "western theatre"; while a second command -- the northern theatre command -- would be responsible for the border with China. A third, navy-heavy theatre, called the "maritime command" will be responsible for the security of the Indian Ocean Region (IOR); and an island command, already functional and called the Andaman & Nicobar Command (ANC), would project power into the eastern Indian Ocean.
The train crash happened near the Bahanaga Baazar station in Balasore district, about 250 km south of Kolkata and 170 km north of Bhubaneswar, around 7 pm on Friday, prompting the Railway Ministry to order a probe.
India is one of the few countries in the region that enjoys good relations with both Israel and Saudi Arabia, and IMEC would allow it to recreate the old Spice Route to Europe. All this is in jeopardy now, notes Rajeev Srinivasan.
The rupee depreciated 39 paise to an all-time low of 82.69 against the US dollar in early trade on Monday as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and firm American currency sapped investor appetite, forex traders said. At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close.
Sundays are generally quiet days for air travel, but this Sunday was a tad different. There was quite an excitement at Gate 28 of Mumbai airport's Terminal 1 as Akasa Air, India's newest airline, prepared to take to the skies on Day 1. With a new fuel-efficient Boeing 737 Max aircraft and soft cushioned seats equipped with USB ports, Akasa Air hopes to bring freshness to the flying experience.
Observers say China should re-address its policies towards India or else it will continue to face flare-ups increasing the tensions between the two countries at a time China's increasing tension with the US over Taiwan and the South China Sea besides the downturn in the Chinese economy which is hit hard by the zero-covid policy.
'Remembering the bravehearts and the innocent civilians who lost their lives'
The report covers 20 countries, including war-torn Syria, Afghanistan, and Yemen and also the situation in India, the Philippines and Nigeria.
August 15, 2023 became for me, an extraordinary Independence Day. I will remember it as the day the country's largest political party -- one that struts around like a colossus and tutors us in apt behaviour -- suddenly looked bankrupt in terms of ideas and had to take out a personal guarantee from the prime minister to underscore its capacity to deliver our future, observes Shyam G Menon.
Defence Minister Rajnath Singh on Monday said that decision on Pakistan-occupied Kashmir (PoK) should have been taken during 1971 war between India and the neighbouring country.
The number of recoveries also surged with 2,48,189 patients cured so far, while there were 1,78,014 active cases, according to the updated official figures at 8 am.
El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
The landmark move comes days after the government approved women fighter pilots for the Indian Air Force.
Twenty-seven months after she lost her husband in an anti-insurgency operation in south Kashmir's Pulwama, 29-year-old Nitika Kaul on Saturday donned the army uniform after completing a one-year rigorous training in Tamil Nadu.
In the wake of high alert sounded in the city on possible terror attack, the incident has baffled security personnel and the Central Industrial Security Force that mans the security of the airport.
Of the 612 trains affected, 602 trains were cancelled, including 223 mail and express trains and 379 passengers trains, the Railways said in a statement.
'I will present them before you (media) when Kamal Nath asks me to do so'
Even as India's internet base continues to widen, with the country set to have over 900 internet users by 2025, a parallel rise in cyber threats has become a matter of huge concern. Experts say that the sudden surge in digital adoption left little time to develop a cybersecurity backbone for the country. This has put large amounts of data at risk.
The United States has said it supports a direct dialogue between India and Pakistan as outlined in the Shimla Agreement
A young man was killed and two others injured in firing by the Central Reserve Police Force on Saturday during protests in Budgam district of Jammu and Kashmir where a strike has been called by the hardline Hurriyat faction against the killing of two youths in Tral earlier this week.
'Collateral damage during operations needs to be avoided.' 'Such an objective can be achieved more easily should stone throwers not gear up to en masse oppose security forces.' 'With the conditions being quite sensitive at this stage, the death of one of these boys could easily serve the terrorists in instigating violence,' notes Brigadier S K Chatterji (retd).
'It was always anticipated that the return of the Taliban would embolden armed Islamists including anti-India groups like the Lashkar and Jaish.'
The NRC will include the names of all Indian citizens who have been residing in Assam before March 25, 1971.
BSF troops guarding over 180 km of IB with Pakistan have strengthened their observation posts and 'listening posts' to keep a close watch against any intrusion by drones.
Rejecting criticism of tardy relief operations in flood-ravaged Uttarakhand, Union Finance Minister P Chidambaram has said government was making all efforts and complimented armed forces personnel for their untiring efforts in rescuing the stranded people.
Villagers along the Line of Control in Poonch and Rajouri have been asked to shift immediately inside the bunkers in case of shelling from across the border.
Fourteen years after the Sri Lankan government announced his death, a veteran Tamil nationalist leader claimed in Thanjavur, Tamil Nadu, on Monday that Velupillai Prabhakaran, the leader of Eelam Tamils in Sri Lanka, is doing well and said a conducive atmosphere prevails for him to appear now.
The is for the first time such a scanner, till now opposed over privacy concerns, will be installed and made operational for a trial at any civil airport in the country, officials said.
A woman, posing as a scientist, was arrested on Tuesday by the Central Industrial Security Force, when she tried to enter the campus of the Indian Space Research Organisation in Bangalore.
All airports operating flights to and from Nepal have been put on an alert in the wake of intelligence tipoff about possible attempts by Maoist rebels in the Himalayan kingdom to hijack an Indian aircraft
2 other terrorists who were killed in the encounter include Divisional Commander Muhammad Bhai, a non-local Waseem, a resident of Drubgam, Pulwama.
The IAF plea has claimed that the 'information so sought includes details related to the entire entourage, names of Special Protection Group personnel accompanying the Prime Minister of India on foreign tours for his personal safety, and the same, if disclosed, can potentially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State'.
The military standoff with China has been going on for over two years now when the Chinese side attempted to change the status quo unilaterally by moving troops in large numbers against Indian positions.
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