End of banking secrecy in Switzerland

Switzerland, the country most noted for its anonymous numbered bank accounts and tight banking secrecy became the world’s 58th nation on Tuesday to sign the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The agreement prepared by taxation experts from the Paris-based Organisation for Economic Cooperation and Development (OECD),

Asia’s Looming Power Shift (INDIA,CHINA AND JAPAN)

CARTOGRAPHICAL CONCEPTIONS of Asia obscure what, in strategic terms, is a “Greater Asia.” It stretches from eastern Iran through Central Asia and South Asia to Indonesia, and from the Aleutian Islands to Australia, encompassing the Russian Far East, China, Japan, the Korean Peninsula and Southeast Asia. It is connected by

India-U.S: Consolidating relation

The forecast had called for rain and clouds of anger from the U.S. business community hung heavy over the final summit between Indian Prime Minister Manmohan Singh and U.S. President Barack Obama. The day Singh landed, expensive ads paid for by the National Association of Manufacturers against New Delhi’s trade

INS Sunayna to be commissioned into Indian Navy today

One more Offshore Patrol Vessel (OPV) will be added to the Indian Navy’s fleet of warships on Tuesday with the commissioning of INS Sunayna, one of the largest Naval Offshore Patrol Vessels, at the Southern Naval Command here. Vice Admiral Satish Soni, Commanding-in-Chief, Southern Naval Command, will formally commission the