This is the 2nd lowest amount of funds held by Indians.
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.
Jude Bellingham rescued England from crashing out of Euro 2024 against Slovakia on Sunday with a stunning 95th-minute equaliser before Harry Kane's early extra-time winner sent the sub-par pre-tournament favourites into the quarter-finals.
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.
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.
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.
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.
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 Jewar Airport or the Noida International Greenfield Airport will be spread over 5,000 hectares when fully built at an estimated to cost Rs 29,560 crore.
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
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.
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.
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.
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.
Swiss government is expected to make a last-ditch attempt to protect its banks from criminal charges in the US.
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.
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.
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 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.
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.
There are still bumps in the road ahead for Swiss banks.
With rising incomes, education, and health awareness in India, especially in the big cities, droves of people are saying no to sugar.
This article aims at shattering some myths surrounding Swiss bank accounts.
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.
Here is a quick guide to the eight games which get underway on Saturday.
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.
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.
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.
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.
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.
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.
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.
India's R Vaishali crashed through the defenses of former World champion Mariya Muzychuk of Ukraine to move to 3.5 points after the fourth round of FIDE women's Grand Swiss, a part of the World Chess Championship cycle.
Croatia became the first team to win the mixed-gender team competition following the tournament's return to the tennis calendar after a four-year absence.
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.
Mukherjee and Swiss Foreign Minister Micheline Calmy-Rey signed the revised pact in New Delhi on Monday.
