The bank has been at the centre of the black money and tax evasion scandal.
According to the provisions of the treaty, the decision of Professor Lafitte on all matters within his competence is final and binding.
A Swiss sojourn may start at Alpines but its real charm lies in Interlaken, says Geetanjali Krishna.
Cross-country skier Johaug to call time on Olympic career after Sunday's 30km.
A 31-year-old staffer was arrested in the early hours of Thursday for causing a $2-billion loss to Swiss investment banking giant UBS on account of unauthorised trading at the bank's London office.
About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government
Government may bring a new law on black money during the ongoing Parliament session.
The demonetisation move will force the Modi government to battle with a policy dichotomy, says N Sathiya Moorthy.
India and Swtizerland have a tax treaty under which specific information on tax evaders can be shared. But as the HSBC Bank accounts have been opened before 2011 -- when the treaty became effective -- the I-T department has asked HSBC account holders to give an undertaking under the secrecy laws.
The so-called 'fourth industrial revolution' will bring ever faster cycles of innovation, posing huge challenges to companies, workers, governments and societies alike
This is the third instance when outsourcing of key oversight jobs by global banks to India has come under the regulatory scanner abroad for ineffective controls against suspicious financial transactions.
The CBI filed the appeal against the May 31, 2005 decision of the high court by which all accused, including Europe-based industrialists Hinduja brothers, were discharged from the Rs 64-crore pay-off case.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
The second and final part of advocate Prashant Bhushan's interview with Sheela Bhatt/Rediff.com. Bhushan is one of the petitioners in the black money case in the Supreme Court
The second and final part of advocate Prashant Bhushan's interview with Sheela Bhatt/Rediff.com. Bhushan is one of the petitioners in the black money case in the Supreme Court
The euro skidded to a 6-week low of 133.700 yen in the early session.
The scandal surrounding Lalit Modi serves as a reminder for how similar our mainstream political parties are in resisting institutional reform.
ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries --Thailand, Dubai, Singapore and Hong Kong.
The 30-share Sensex provisionally ended up 46 points to end at 28,122 and the 50-share Nifty gained 20 points to close at 8,514.
FIFA Secretary General Jerome Valcke Valcke on Wednesday dismissed allegations of wrongdoing over $10 million in bank transactions that are under investigation by U.S. authorities.
FIFA chief Sepp Blatter, who is standing for re-election as FIFA president on Friday, added that the investigations will help to reinforce measures world soccer's governing body has already taken.
World Cup sponsors are in an awkward position, experts said, because they are under pressure from consumers to distance themselves from any corruption, but such sponsorships are lucrative in the long term.
'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'
In an interim order, Justice C Hari Shankar also restrained Gokhale from posting scandalous tweets against Lakshmi Puri and her husband Union minister Hardeep Singh Puri during the pendency of the defamation suit.
The foreign agency has claimed four accounts held by the Jindals.
As India and Switzerland prepare to renegotiate the Double Taxation Avoidance Agreement, the Swiss government said it was confident that the pact would be finalised by next year.
India will begin its first round of consultations with the Swiss government on tracing black money stashed by Indians in banks in that country in December, but there is no guarantee of prosecution of offenders on the basis of information secured from them.
It is difficult to understand why Johnny Depp agreed to make Mortdecai, says Paloma Sharma.
Biju Janata Dal members had staged a walk-out while NDA ally Shiv Sena did not participate in the voting.
Describing the third quarterly performance of the bank as 'very positive', ICICI Bank managing director and CEO Chanda Kochhar said on Monday the bank has emerged stronger on all parameters recording an operating profit of 22 per cent minus treasury income.
The UPA government has been facing a lot of flak for not doing enough to unearth the black money kept by Indians in banks abroad. Sheela Bhatt reports.
'Our preference remains for the less-expensive industrial stocks, which are showing good earnings momentum.'
After biding his time for much of the race, the British four-time Olympic track champion surged to the lead in the final four miles and broke Ethiopian Mosinet Geremew to shatter the European marathon record of 2:05:48 despite wet and sometimes windy conditions.
RBI is likely to have reached broadly similar conclusions since it did cut rates, presumably to stimulate activity.
A common factor that binds all these men is greed.
This picturesque city is a fascinating mix of Swiss quaintness and modern flourishes.
Money permits patronage. Money means power. No wonder details of the crores locked up in NPAs and never repaid loans are top secret, Sunanda K Datta-Ray.
A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation.
'Farmers are like living corpses in India.'
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