Indians' funds in Swiss banks jump to Rs 20,700 crore, highest in 13 years
June 18, 2021 9:01 ISTFunds held by Indians in Swiss banks rose to Rs 20,700 crore in 2020, data released by Switzerland's central bank has revealed.
Funds held by Indians in Swiss banks rose to Rs 20,700 crore in 2020, data released by Switzerland's central bank has revealed.
The devastating second wave of the coronavirus pandemic in April-May is estimated to have cost the nation Rs 2 lakh crore in terms of output, revealed an assessment made by the Reserve Bank.
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.
Newly-elected president of industry body CII TV Narendran on Thursday said like other countries, India is also evolving in terms of regulations to deal with issues concerning social media companies.
Nadella, the company’s third CEO, will also be the third chairman in Microsoft’s history, following Gates and Thompson.
As per the data from the Department of Consumer Affairs, the prices of edible oils are now coming down over the past month, and in some cases, the decline is by as much as nearly 20 per cent, as shown in prices in Mumbai.
With automation taking place at a much faster pace across industries especially in the tech space, domestic software firms that employee over 16 million are set to slash headcounts by a massive 3 million by 2022, which will help them save a whopping USD 100 billion mostly in salaries annually, says a report.
The net direct tax collection has doubled to over Rs 1.85 lakh crore so far this fiscal, mainly driven by personal income tax and advance tax mop up, the I-T department said on Wednesday.
Little did Cristiano Ronaldo know that his gesture of removing a couple of coke bottles would cause a heavy loss to the company.
Walmart-owned Flipkart on Wednesday said it has set up a new fulfilment centre (warehouse) in West Bengal, its second-largest in the state, that will help in creating nearly 3,500 direct jobs.
The purpose of this card is to expand the gift card market with an intent to promote cashless ways of gifting and present a wide range of end-use choices and in future foray into the market of e-gift cards, LIC CSL said in a statement.
Muslim girls who complete their graduation before marriage will be eligible to get Rs 51,000.
Launched under the Beti Bachao Beti Padhao initiative-this yojana provides better interest under the small investment scheme.
After rolling out tokenisation with Kotak Mahindra Bank, SBI Cards and Axis Bank, Google Pay has now added debit cards by SBI, IndusInd Bank and Federal Bank and Credit cards by IndusInd Bank and HSBC India to its slate
On Wednesday, the oil marketing companies (OMCs) raised the price of petrol and diesel between 12-25 per litre across the four metros.
SBI Kavach Loan: State Bank of India is offering collateral-free Kavach Personal Loan that will cover the expenses of Covid-19 treatment.
Jubilant FoodWorks Dividend: Jubilant FoodWorks will pay a final dividend of Rs 6 per equity share.
The EPFO had directed that PF returns shall be allowed to be filed only for those members whose Aadhaar numbers are seeded and verified with the UAN, with effect from June 1, 2021.
Export and re-import of jewellery as per Trade Policy of Government of India - Jewellery for international exhibitions, jewellery for government-approved B2B domestic exhibitions will be exempted from mandatory hallmarking, a release stated.
In a gazette notification, the pension regulator also stated that the premature withdrawal limit on a lumpsum basis for NPS has been increased to Rs 2.5 lakh from Rs 1 lakh.
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