Mamata slams demonetization as Indians put more in Swiss banks
Kolkata, June 29: Amid reports of soaring deposits by Indians in the Swiss banks in the last year, West Bengal Chief Minister Mamata Banerjee on Friday taunted the Narendra Modi government over its demonetization move.
She said money was "flying" to Swiss bank while India was "losing".
"Bravo! #DeMonetisation? Swiss Bank money flying. India losing," Banerjee said in a tweet.
According to media reports, after falling for three years in succession, money parked by Indians in Swiss banks rose 50 per cent to 1.02 billion Swiss francs in 2017 over the previous year.
Interim Finance Minister Piyush Goyal on Friday said data of money deposited by Indians in Swiss banks will be available to the government under an agreement signed with Switzerland for automatic exchange of information.
Responding to media queries on the rise of deposits by Indians in Swiss banks, he said: "From what I understand (from media reports) 40 per cent increase in foreign remittances are on account of the Reserve Bank's Liberalised Remittance Scheme brought during the previous (UPA) government under which a resident Indian can remit $250,000 per year."
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Rohit Sharma, Ritika Sajdeh welcome baby boy
Mumbai: India cricket captain Rohit Sharma and his wife Ritika Sajdeh have been blessed with a baby boy, according to sources. Social media reports from fans shared the news on Friday night, which has now been confirmed. The couple, already parents to five-year-old daughter Samaira, are yet to make an official announcement or disclose details about the birth.
Rohit had stayed back in India and did not travel to Perth with the Indian team for the first Test of the Border-Gavaskar Trophy against Australia, set to begin on November 22. This sparked speculation about his availability for the initial matches.
During a pre-departure press conference, head coach Gautam Gambhir stated, “At the moment, there’s no confirmation. Hopefully, he will be available. We’ll let you know.” If Rohit misses the first match, vice-captain Jasprit Bumrah is expected to take over as captain.
Rohit’s absence also raises the question of who will open the batting, with Abhimanyu Easwaran and KL Rahul being potential candidates already in Australia.
The Border-Gavaskar Trophy series opener is highly anticipated, with fans eager to see how the Indian team adjusts to these developments.
