india-switzerland Current Affairs, GK & News
India receives second set of Swiss Bank Account Details
On October 9, 2020, India received second set of Swiss bank details under the “Automatic Exchange Pact” signed with Switzerland. The pact was a key milestone of GoI in its fight back against black money. Highlights India is one among 86 countries with which Switzerland exchanges information on financial accounts. In 2019, India received its ..
Month: Current Affairs - October, 2020
Category: International Current Affairs
Topics: Automatic Exchange Pact • Banking in Switzerland • black money • india-switzerland • Indian black money • Switzerland
Department of Science and Technology to manufacture automated Ventilators
On April 2, 2020 the Department of Science and Technology toed up with the Wipro 3D to jointly build proto type of automated ventilators. Highlights The ventilators will help in meeting urgent requirement of Covid-19 crisis. The ventilators are called AMBU (Artificial Manual Breathing Unit). They are hand held devices that will provide automatic pressurized ..
Month: Current Affairs - April, 2020
Category: Science & Technology Current Affairs
Topics: Biopharmaceuticals • Corona virus • COVID-19 • India imports • india-switzerland • Medical devices • Medical Devices Industry (MDI) • Personal Protective Equipment (PPE) • ventilator
India-Swiss Air Service Pact to be amended, Cabinet approves signing protocol
Union Cabinet chaired by Prime Minister Narendra Modi has approved the signing of Protocol to amend the Agreement between Swiss Federal Council, the highest executive authority of Swiss Confederation and Government of India related to air services, as well as to exchange diplomatic notes with Switzerland for bringing amendments in air services agreement into force. ..
Month: Current Affairs - December, 2019
Category: International Current Affairs
Topics: Air Services Agreement • Cabinet Decisions • india-switzerland • Swiss Federal Council
Switzerland to seek closer ties with India at BioAsia 2020
The BioAsia 2020 is scheduled to be held in Hyderabad in between February 17 and 19, 2020. On December 10, 2019, the Ministry of Industries and Commerce and IT informed that Switzerland will serve as India’s partner at the conference. Why Switzerland? India is Switzerland’s 8th largest trading partner. The trade between the countries amount ..
Month: Current Affairs - December, 2019
Category: Important Days & Events Current Affairs
Topics: Biotech • Biotechnology • Hyderabad • india-switzerland • State government of Telangana • Switzerland
India, Switzerland Automatic Exchange of Financial Account Information kicks in
Automatic Exchange of Information (AEOI) Regime between Switzerland and India kicked off from September 1, 2019. Under this mechanism, India will start receiving information on all financial accounts held by Indian residents in Switzerland, for the year 2018. Central Board of Direct Taxes (CBDT) has hailed this move as a significant step in the government’s ..
Month: Current Affairs - September, 2019
Topics: Automatic Exchange of Information • Central Board of Direct Taxes • Common Reporting Standard • india-switzerland • Organisation for Economic Co-operation and Development