The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
With the Swiss government's refusal to share information about Indians holding accounts in its banks, BJP president Rajnath Singh on Monday said India should mount diplomatic pressure on that country to get the details.
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.
What many don't know is that Swiss banks are just like any bank in the world.
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.
Roundup of Champions League matches played on Wednesday night
Satwiksairaj Rankireddy and Chirag Shetty gained a place to achieve a career-best ranking
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.
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 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.
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.
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.
Swiss government is expected to make a last-ditch attempt to protect its banks from criminal charges in the US.
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.
Officials and politicians in Basel have begun discussions on how to honour the 20-time Grand Slam singles champion
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.
There are still bumps in the road ahead for Swiss banks.
'A guy asked "Can I have a picture with you, Mr Nadal?"'
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.
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.
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.
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.
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 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.
IMAGES from the ICC World Cup match played between Bangladesh and Sri Lanka, in New Delhi, on Monday.
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.
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.
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.
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.
Satwik-Chirag pair achieves career-best world no. 2 ranking
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.
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.
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.
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.
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.
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.
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