PFC Infra Finance IFSC Limited (PIFIL), received approval from the International Financial Services Centres Authority (IFSCA) to begin operations as a Finance Company at the International Financial Services Centre (IFSC) in GIFT City, Gujarat.
This collaboration is designed to address the critical trade finance gaps, especially for underserved small and medium-sized enterprise (SME) exporters, who play a crucial role in driving India's economic growth.
Mumbai (Maharashtra) [India], October 4: CareEdge Ratings, India's leading credit rating agency, today announced that it has become the first Indian credit rating agency to enter the Global Scale Ratings space, through its subsidiary, CareEdge Global IFSC Limited.
India's general government debt is expected to gradually decrease to 78 per cent of GDP by FY30 and further to 73.5 per cent by FY35, driven by healthy nominal GDP growth. However, CareEdge noted that India's elevated government debt levels and weak debt affordability remain key credit co
In a major breakthrough, the Intelligence Fusion and Strategic Operations Unit (IFSO) of Delhi arrested the main accused in the HiBox Investment scam, a large-scale fraud that duped over 30,000 people by luring them into investing in the HiBox mobile application.
Orhan Yalman Okan, Consul-General of Turkiye in Hyderabad, and J Snehaja, IFS, Regional Passport Officer, held discussions with Governor Jishnu Dev Varma at Raj Bhavan, focusing on strengthening India-Turkey relations and Telangana's role. This meeting underscores the growing cooperation bet
With the arrest of three suspects, the IFSO Unit of Delhi police successfully dismantled a syndicate responsible for cheating unsuspecting victims under the pretence of installing petrol and CNG pumps. In this case, the fraudsters duped the complainant of Rs 2.39 crore under the guise of set
Delhi Police Special Cell's IFSO Unit have arrested three suspects for their alleged involvement in a module responsible for providing, handling, and using mule/fake bank accounts in connection in "Digital Arrest fraud".
Mumbai (Maharashtra) [India], September 25: Dev Information Technology Limited, (NSE - DEVIT, BSE - 543462), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, has demonstrated its technological prowess with the de
As the controversy over the alleged use of animal fat in making Tirupati laddoos intensified on Friday, Union Minister Ravneet Singh Bittu called it a matter of people's faith, and said the allegations have hurt the sentiments of devotees.
New Delhi [India], September 14: Legendary Indian Forest Service Officer Dipak Sarmah was honored with the Lifetime Achievement Award for contributing to the conservation of forests and the environment. A 1977-batch Karnataka cadre IFS officer, Sarmah, was part of the committee that unearthe