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.
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.
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.
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.
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
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.
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.
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.
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.
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.
An opportunity to study at Les Roches International School of Hotel Management and Glion Institute of Higher Education, two of the world's top three hospitality and hotel management schools based in Switzerland.
Swiss government is expected to make a last-ditch attempt to protect its banks from criminal charges in the US.
The United States has asked Switzerland to extradite seven FIFA officials arrested in an investigation into a global bribery scandal at soccer's governing body, the Swiss Federal Office of Justice (FOJ) said on Thursday.
Reinsurance major Swiss Re will be cutting over 1,100 jobs or about 10 per cent of its global workforce, as part of cost saving efforts.
With one of the Swiss banks agreeing to provide information to the United States about its account- holders, the Communist Party of India-Marxist on Monday demanded that the United Progressive Alliance government should seek details of Indians who have illegally stashed funds in Switzerland and other tax havens.
Grandmaster Vidit Gujrathi on Tuesday said "everything came together" for him at the Grand Swiss event on his way to the Candidates.
There are still bumps in the road ahead for Swiss banks.
The Indian Air force has asked the government to procure the Swiss Pilatus basic trainer aircraft to train its rookie pilots instead of a similar aircraft being indigenously developed by Hindustan Aeronautics Limited.
Saina Nehwal won her first title of the season when she retained the Swiss Open Grand Prix Gold trophy with a straight-game victory over China's Shixian Wang in the summit clash at Basel, Switzerland.
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.
This article aims at shattering some myths surrounding Swiss bank accounts.
Apple Inc's iPod upended the music industry, and its iPhone knocked Nokia off its smartphone perch, but Swiss watch makers breezily dismissed warnings that the technology giant's new wristwatch gadget could do something similar to them.
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.
An early goal by defender Fabian Schaer earned Switzerland a 1-0 victory over debutants Albania whose captain was sent off before halftime in the Euro 2016 Group A match on Saturday. Switzerland, bidding to reach the knockout stages for the first time, scored in the fifth minute and were given a further boost by a second yellow card for Albania skipper Lorik Cana.
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.
Indian badminton stars Satwiksairaj Rankireddy and Chirag Shetty were on Tuesday nominated for the Player Year of the Award by the Badminton World Federation (BWF).
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.
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.
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.
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.
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.
Satwik and Chirag have looked in ominous form, winning the Asian Games gold in Hangzhou, a Super 1000 crown in Indonesia, the Korea Open Super 500 and the Swiss Open super 300 last year before grabbing a a career-best ranking of World No.1, albeit for a brief time.
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.
Swiss prosecutors have opened a criminal investigation into Jerome Valcke, the banned former FIFA secretary general, and Nasser Al-Khelaifi, the chief executive of Qatar's beIN Media, over World Cup broadcasting deals.
Mukherjee and Swiss Foreign Minister Micheline Calmy-Rey signed the revised pact in New Delhi on Monday.
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.
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.
The South African, 32, approached the France-based court in February, 2021 after losing appeals to CAS, sport's highest court, and another plea to the Swiss Federal Tribunal (SFT) in a long-running legal battle against the regulations.
