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.
According to a press release by the Ministry of Electronics and Information Technology (IT), the launch event, held at STPI-Gandhinagar within GIFT City, saw the inauguration of the CoE and its maiden Open Challenge Program (OCP) by K Rajaraman, Chairperson of the International Financial Ser
India aims to reduce its offshore dependence on aircraft leasing and financing and the International Financial Services Centres Authority (IFSCA) in Gujarat's GIFT City will help in realizing it, said Prime Minister Narendra Modi.
The delegation comprising 35 Fortune American companies explored investment opportunities in the Gujarat International Finance Tec-City (GIFT) and International Financial Services Centre (GIFT IFSC).
The forum provides a platform where progressive ideas, pressing problems, and innovative technologies from across the world get discovered, discussed and developed into solutions and opportunities.
The event, hosted by the International Financial Services Centres Authority (IFSCA) and Gujarat International Finance Tec-City (GIFT City), will focus on the theme 'GIFT-IFSC: Nerve Centre for New Age Global Financial Services.'
New Delhi [India], October 27: India has witnessed an unprecedented surge in foreign portfolio investments (FPI) in recent months, with more than USD 10 billion flowing into the equity markets during the last quarter alone. As net FPI investments reach an impressive USD 19.09 billion in the
According to the press release issued by the IRDAI, these changes are designed to not only simplify and harmonize existing regulations but also position India as a formidable global reinsurance hub.
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday chaired a review meeting along with a team of Secretaries from the Ministry of Finance and Ministry of Corporate Affairs, on the development and growth of India’s maiden International Financial Services Centre (I
With a focus on ease of doing business, competitive tax structures, and trusted business regulations, GIFT International financial Services Centre (IFSC) has already attracted over 400 entities from various business segments including banking, capital markets, insurance, and fintech.
The funds were raised at India INX's Global Securities Market (GSM), GIFT International Financial Services Centre in Gujarat. India International Exchange (IFSC) Limited (India INX) is the first international exchange at GIFT IFSC Gujarat.