Just a few days back, ED had attached six bank accounts of Nirav Modi Modi and his sister Purvi Modi Mehta in Zurich having a value of over $6.1 million. So far ten bank accounts worth $12 million have been attached in Zurich and Singapore.

India remains ranked very low when it comes to money parked by Indian individuals and enterprises in Swiss banks; among the top-ranked jurisdictions, the UK is followed by the US, West Indies, France and Hong Kong in the top five

Aggregate funds of all foreign clients of Swiss banks also fell by over 4 per cent to CHF 1.4 trillion (nearly Rs 99 lakh crore) in 2018

The legal team for Modi sought the court's intervention in sanctioning easier access of the paperwork for Modi to be able to read through and give suitable instructions, including a request for the documents to be uploaded onto an internet-free laptop.

PNB Fraud: Nirav Modi's sister is one of the accused in the Rs 13,700-crore Punjab National Bank scam; Nirav Modi's account had deposits worth $3,74,11,596 while his sister Purvi Modi's Swiss account had British pound 27,38,136

The agency has also booked unidentified officials of the Indian Air Force, the Defence Ministry and Switzerland-based Pilatus Aircraft Limited in the case

PM Modi invites all party chiefs to discuss 'one nation, one election' on June 19Prime Minister Narendra Modi has invited the presidents of all parties represented in Lok Sabha or Rajya Sabha on June 19 to discuss the issue of 'one nation, one election'. The Prime Minister has called the meeting to also discuss the celebration of 75 years of India's independence in 2022, 150 years of Mahatma Gandhi's birth anniversary this year and issues related to aspirational districts.Budget 2...

As per the auction notice, PNB is looking to sell the accounts to banks, asset reconstruction companies (ARCs), non-banking financial companies (NBFCs) and financial institutions

While Switzerland has always denied being a safe haven for black money, it has begun sharing details in recent years with several countries including India after submission of evidence about financial and tax-related wrongdoings of the Swiss bank clients

Half a dozen civil and bankruptcy proceedings clubbed with the invocation of various international laws by Vijay Mallya's legal team, have made it all the more difficult for Indian banks making claims to his assets.

Applying for US visa? Now you need to furnish 5-year social media detailsIf you are planning to apply for the US visa, you will have to share your internet history. As proposed by the Trump administration, the country now requires most of the US visa applicants to submit their social media details for the past five years, as part of its strategy to improve screening of potential immigrants and visitors. According to media reports, the revised norms could affect up to 15 million travellers who...