The International Financial Services Centre (IFSC) Authority has granted permission to IFSC Banking Units, registered with SEBI as Foreign Portfolio Investors (FPIs), to issue derivative Instruments with Indian securities as underlying assets in the GIFT-IFSC.
Sustainability is a common thread that runs through both these endeavours, IFSC Authority said in a statement on Wednesday, adding that in this context, finance is a key enabler - as highlighted by CEEW research, which estimates that India's net zero by 2070 target would require USD 10 trill
The MoU facilitates technical cooperation and the exchange of information, according to an official statement from IFSC Authority released on Wednesday.
New Delhi [India], November 19 (ANI): Prime Minister Narendra Modi will inaugurate the 'InFinity Forum'-- a two-day thought leadership forum on FinTech on December 3, informed International Financial Services Centres Authority (IFSCA) on Friday.
Mumbai (Maharashtra) [India], February 5 (ANI): ICICI Lombard General Insurance, private sector non-life insurance company has received approval from 'International Financial Services Centre' (IFSC) Authority to set up an IFSC Insurance Office (IIO) in GIFT City at Gandhinagar in Gujarat.
New Delhi [India], May 3 (ANI): Nationalist Congress Party (NCP) chief Sharad Pawar has, in a letter to Prime Minister Narendra Modi, called the recent decision taken by the Centre to establish the proposed International Financial Service Centre (IFSC) Authority in Gandhinagar instead of in