Gift City Ifsc

Reserve Bank of India, IFSCA likely to frame fresh norms for GIFT City

The finance minister has announced ways to make regulations and clearances for GIFT City streamlined

Variable capital firms to boost India's fund management space, says Sahoo

Such entities have a variable capital base as they issues and redeems shares on an on-going basis. With every issue or redemption, the capital base of the VCC changes

India now in league of nations that shape global financial trends: PM Modi

Modi launches India's first international bullion exchange in Gujarat

PM Modi to launch India's first international bullion exchange in Gujarat

Prime Minister Narendra Modi will visit India's first International Financial Services Centre (IFSC) at the Gujarat International Finance Tec-City (GIFT City) near Gandhinagar on Friday

NSE IFSC-SGX Connect launch postponed due to flood situation in Gujarat

The launch, which was to bring SGX Nifty trading at Gift City IFSC, was due to get operationalised on Friday by Prime Minister Narendra Modi

Gift City gold imports: Qualified jewellers can make advance payment

Banks have been asked to carry out all the due diligence and ensure remittances sent are only for the bona fide import transactions through exchange/s authorised by IFSCA

SBI raises $500 million through three-year syndicated loan at fine pricing

This is the first offshore Secured Overnight Financing Rate (SOFR)-linked loan by SBI through its IFSC Gift City Branch

TCS to power NSE IFSC-SGX Connect at Gift City, phase-1 goes live in April

Once the Gift Connect gets operational, SGX investors dealing in Nifty contracts will have to carry out their investment at NSE IFSC

Investing in global stocks through IFSC: Here's what investors should know

A certain number of NSE IFSC depository receipts are required to make up one underlying share

Investments by Indians in foreign assets up 63.8% during past 12 months

Numbers have been rising fast since the pandemic; total amount of money sent abroad for foreign investments was $673.8 million

How hiccups in P-note GIFT plan could impact wide-scale adoption

Use of the instrument has been falling over time

Budget 2022: Int'l Arbitration centre at GIFT City for dispute resolution

Market participants say move would ensure fast disposal of cases and will attract investors and enhance ease of doing business

Bulking up IFSC: A wide-ranging expansion of its remit expected in Budget

FY23 will be aimed at making IFSC the centre to use rupee as a freely convertible currency

GIFT city regulator seeks comments on draft insurance web aggregator rules

The public and stakeholders comments on the draft regulations have to be submitted by December 20

FM to lead a team of 7 secretaries for discussions at GIFT City on Saturday

The role of GIFT-IFSC as gateway to global financial services for Indian corporates within India, attracting global financial business to India will be discussed

PM Narendra Modi to inaugurate IFSCA's InFinity Forum on Dec 3

IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs) in India

FM Sitharaman to lead a team of secretaries for discussions at GIFT City

Talks are likely to revolve around role of GIFT-IFSC as a gateway to global financial services for Indian companies, attracting global financial business to India, and growth as a fintech global hub

NSE-SGX Gift City connect could go live around Vibrant Gujarat next Jan

Nifty derivatives contracts are among the most traded on the SGX

IFSCA in process to set up International Arbitration Centre in GIFT IFSC

The International Financial Services Centres Authority (IFSCA) is in the process of setting up an International Arbitration Centre in the GIFT IFSC for speedy resolution of any dispute

Citibank becomes first US bank to set up unit in IFSC at GIFT City

License issued today by IFSCA