PM Modi launches India's first international bullion exchange in Gujarat

PM Narendra Modi lays the foundation stone of the Headquarters Building of the International Financial Services Centres Authority, in Gandhinagar

Prime Minister Narendra Modi on Friday launch 'India International Bullion Exchange (IIBX)', the country's first international bullion exchange near Gandhinagar. He visited India's first International Financial Services Centre (IFSC) at the Gujarat International Finance Tec-City (GIFT City) on Friday.

This exchange will facilitate efficient price discovery with the assurance of responsible sourcing and quality, apart from giving impetus to the financialisation of gold in India.

The prime minister also laid the foundation stone for the headquarters building of the International Financial Services Centres Authority.

Apart from that, Modi launcedh NSE IFSC-SGX Connect platform. Under this system, all orders on Nifty