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Friday, September 5, 2025
TopicSwitzerland

Topic: Switzerland

Indians’ funds in Swiss banks jump to over Rs 20,700 crore in 2020, highest in 13 years

The increase in funds of Indian clients with Swiss banks, from Rs 6,625 crore in 2019, reverses a 2-year declining trend. However, customer deposits fell for the second year.

Why interest rates are losing their relevance around the world

Economists have recommended Switzerland’s central bank put less emphasis on interest rates. There’s a lesson for the rest of the world, too.

UK tourists flee Swiss ski resort, how tiny Timor-Leste kept virus at bay & other Covid news

As the Covid-19 pandemic shows no signs of letting up, ThePrint highlights the most important stories on the crisis from across the globe.

India gets second set of Swiss bank account details under automatic info exchange framework

The information shared by Swiss authorities include identification, account and financial information as well as information on account balance and capital income.

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.

Bars, pubs and restaurants are reopening, Switzerland is relaxing Covid lockdown

Switzerland is relaxing Covid lockdown by reopening bars and restaurants. Groups of up to four people can now go out for drinks or dinner.

Credit Suisse signals worst may not be over after $1 billion-hit due to Covid-19

Credit Suisse, Switzerland’s second-largest lender, is giving the first window into how European lenders fared after Covid-19 crisis began worldwide.

What 3,000 world leaders will eat for lunch at Davos 2020

With a total of 70,000 meals served in Davos, delivering no or minimal food waste is a significant challenge.

Indian tax authorities to get first set of Swiss bank details in September 2019

The shared details will include account numbers, credit balance and all kinds of financial income for each Indian client of every Swiss financial institution.

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.

On Camera

Giorgio Armani brought a feminine touch to men’s tailoring — and taught them how to suit up

Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

HAL team to visit US this month for talks on joint production of GE 414 engines

The engines are meant for Tejas Mk 2 and the first tranche of Advanced Medium Combat Aircraft (AMCA).

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.