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A Swiss national flag hangs in view of the Swiss National Bank (SNB) in Bern, Switzerland

India slips to 77th rank, accounts for 0.06% of all foreign funds with Swiss banks

According to the latest Swiss National Bank data, funds parked by Indian individuals and enterprises in Swiss banks fell by 5.8 per cent in 2019.
File image of North Block in New Delhi | Photo: Bloomberg

Finance ministry refuses to share details of Swiss accounts and black money under RTI

India had in September received the first tranche of Swiss bank account details of Indian nationals under a new automatic information exchange pact.
Black Money

Centre receives first tranche of Swiss bank account details of Indian nationals

The information, provided under the new automatic information exchange pact, includes details of currently active accounts as well as those closed in 2018.
A Swiss national flag hangs in view of the Swiss National Bank (SNB) in Bern, Switzerland

Why all funds deposited by Indians in Swiss banks are not black money

As India has ranked 74th in terms of money stashed by its residents in Swiss banks, ThePrint takes a look at the different legitimate ways of transferring funds overseas.
(Photo for Representation)

India slips to 74th rank in terms of money parked in Swiss banks, while UK remains on top

Banking statistics by the Swiss National Bank (SNB) show that India accounts for about 0.07 per cent of aggregate funds parked by all foreign clients of Swiss banks.
Black Money

Switzerland is in the process of sharing details of 50 Indians having Swiss bank accounts

Enforcement agencies of both Switzerland and India are tightening their noose on individuals suspected to have amassed illicit wealth.

Modi hasn’t made much progress in eliminating black money

The fight against black money needs more reform, reasonable taxes, and wider but simpler regulations.
Piyush Goyal

Indian money in Swiss banks fell by 80% since Modi government came to power: Goyal

PTI had earlier reported Indian money in Swiss banks had risen to Rs 7,000 crore in 2017, after falling for three consecutive years.

Social media’s sinister spin, and why Indians may be opting for Swiss banks

The best cartoons of the day, chosen by editors at ThePrint.
Piyush Goyal

How can you assume all money in Swiss banks is black, asks FM Piyush Goyal

Referring to reports of 50% rise in deposits made by Indians in 2017, he said the government will take action if someone is found guilty.

On Camera

You know who’s really going local? Not RWA uncles, but Indian millennials

Prime Minister Narendra Modi announced the Atmanirbhar Bharat plan three months ago, but India’s millennials have been vocal for local for some time now.
Mukesh Ambani at ThePrint Off the Cuff

Mukesh Ambani is now world’s fourth richest man, overtakes Europe’s wealthiest

Reliance's shares have more than doubled from a low in March as its digital unit got billions in investments from companies including Facebook Inc. and Google.

Defence

A file photo of Pangong Lake in Ladakh | Visharad Saxena | Special arrangement

India, China generals meet today as ‘PLA keeps up Pangong incursions, blocks army at Depsang’

The fresh round of dialogue comes as India and China have hit a stalemate in military talks with regard to disengagement at multiple flashpoints in Ladakh.
Illustration: Soham Sen | ThePrint

Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version

Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.