Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
Grenada smashed US Virgin Islands 10-0 while Suriname trounced Montserrat 7-1 in the CONCACAF preliminary round football World Cup qualifiers. Elsewhere, Antigua beat Aruba 1-0 despite having three players sent off and missing a penalty while Belize held out for a 1-1 draw away to St Kitts & Nevis to earn a prestigious tie against Mexico.
Saisuresh Sivaswamy, who is accompanying President Pranab Mukherjee on his trip to Mauritius, reports on the spectacular celebrations of the 45th anniversary of independence of the island nation
President Barrack Obama, who November 15 visited Staten Island, the New York City borough devastated by Superstorm Sandy, met with members of the St George Orthodox Church, which was partially damaged.
Quad leaders are also planning to roll out vaccine deliverables and announce a series of measures in the field of healthcare and infrastructure sector, officials in Washington, DC said.
Buoyed by the comprehensive 105-run victory in their Group A opener against the West Indies, hosts India go with their tails up against jittery defending champions England in a crucial league game of the ICC Women's World Cup at the Brabourne Stadium on Sunday.
The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.
Eight Jarawa girls were rescued from two remote creeks in Andaman and Nicobar Islands after they were kidnapped by a group of men from a Jarawa Reserve Zone last week, the police said on Wednesday.
A consortium of Indian public sector banks led by SBI sought a bankruptcy order against embattled liquor tycoon Vijay Mallya during a high court hearing in London on Wednesday as part of efforts to recoup around 1.145 billion pounds in unpaid loans. Mallya's legal team, led by barrister Philip Marshall, argued for the bankruptcy petition to be dismissed because their client was being unfairly pursued by the banks in India and the UK on opposing grounds.
India now play Bangladesh in the summit clash on Sunday.
The 16-member Indian squad led by Virat Kohli left for the West Indies to engage the hosts in a four-Test rubber later this month and in August.
Curtains will fall on the Rim of the Pacific 2016, the world's largest international maritime exercise, on August 4.
Australia have moved to the top of the Test and T20I rankings for men while England continue to lead the men's ODI rankings after the annual update carried out on Friday, which eliminates results from 2016-17. In the latest update, that rates all matches played since May 2019 at 100 per cent and those of the previous two years at 50 per cent, Australia (116) have taken over from India as the top ranked side in the MRF Tyres ICC Men's Test Team Rankings with New Zealand (115) remaining in second place. India are now third with 114 points.
Chances are any such disruption will not occur on the major shipping lanes but on some edge of the ocean between India and China. Even if there is no actual disruption, the costs of averting one can be punitive. The setting for this is provided by the energy shortage both countries face, says Subhomoy Bhattacharjee.
Leaders of the United States, India, Australia and Japan did discuss the 'challenge' posed by China during the first meeting of the Quad, and they made clear that none of them have any 'illusions' about Beijing, US National Security Advisor Jake Sullivan has said.
The sale of 10 AGM-84L Harpoon Block II air-launched missiles is estimated to cost $92 million (Rs 699 crore), while 16 MK 54 All Up Round Lightweight Torpedoes and three MK 54 Exercise Torpedoes are estimated to cost $63 million (Rs 478.8 crore), the Defence Security Cooperation Agency said on Monday in two separate notifications to the Congress.
In Asia, the last Blue Moon and a total lunar eclipse happened 35 years ago on December 30, 1982.
Images from the World Cup qualifying matches played on Monday.
A summary of Sunday's action in the FIFA World Cup qualifiers across Europe.
Mbappe and Benzema inspire France to 2-0 win against Finland
After dropping just one bogey in 36 holes, Arjun Atwal gave away no less than three in the third round to slip to tied third position from top at the McGladrey Classic golf tournament in St Simons Island, USA.
This property has all the hallmarks of being owned and occupied by Vijay Mallya. A fleet of supercars making their way down the drive, hordes of people descending to party all night long and a constant delivery of goods and services.
You must visit these wonderful places across the globe to experience their rich and vibrant culture.
'The sport is so physical, especially the way he plays, but brings an optimistic perspective on his work that he can come back and be a champion. He is extremely motivated'
She took a solo trip and had the best time!
ATP events in Hamburg, Bastad, Newport, Los Cabos, Gstaad, Umag, Atlanta and Kitzbuhel will not go ahead as scheduled.
Mallika Sherawat had a ball of a time in France.
Former England cricket captain Andrew "Freddie" Flintoff, whose image as a heavy, fun-loving drinker was sealed by his animated victory celebrations, has opened up about now being teetotal as part of his battle with depression.
India has much paranoia in India about a new 'Terroristan' coming up between Pakistan and a Taliban-ruled Afghanistan. Pakistan has zero ability economically, diplomatically, geostrategically or militarily to create one. If they try, it will be great for India as they will destroy themselves yet again, asserts Shekhar Gupta.
Barely a week before they are to tie the knot, Prince William and his fiancee Kate Middleton have paid tributes to his late mother, Princess Diana, who was killed in a car crash in Paris 14 years back, a report said.
Bollywood's hottest couple walked the ramp in bridal outfits for Manish Malhotra on Day Three of HDIL India Couture Week. Don't miss it!
In an extraordinary twist to the game, India on Saturday capitulated to an embarassing 63-run defeat in the first cricket Test against Sri Lanka.
Australia captain Steven Smith and his team have been warned about risks associated with the Zika virus ahead of their tour of the West Indies next month.
Talismanic captain Sunil Chhetri scored in his milestone appearance but India lost 1-3 to higher-ranked Curacao in their opening match of the King's Cup football tournament in Igor Stimac's first game in charge, in Burirasm, Thailand, on Wednesday.
"CCP's (Chinese Communist Party) territorial aggression is also apparent on its Indian border where China has attempted to seize control of the Line of Actual Control by force," US National Security Advisor Robert O'Brien said in a remark on China early this week in Utah.
Brian Lara said he took to golf to release from the pressures of playing a team sport (cricket).
The destinations have a lot to offer in terms of adventure, culture and entertainment.
A summary of the Euro 2020 qualification matches played on Friday.
Pompeo, who became the Trump administration's highest ranking official to visit Sri Lanka, said that the US and Sri Lanka shared a vision for democracy to build a relationship and the "freedom to hold democratic elections".
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