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Sunday, November 3, 2024
TopicSwiss National Bank

Topic: Swiss National Bank

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.

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.

Money parked by Indians in Swiss banks rose by over 50% last year

The surge comes as a surprise given India's clampdown on suspected black money stashed abroad.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.