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Govt allows firms to list on IFSC exchange in GIFT City

India has allowed its firms to list on exchanges registered in a new financial hub GIFT City  in Gujarat, Finance Minister Nirmala Sitharaman said on Friday, to give companies access to easier and cheaper foreign capital. GIFT-IFSC is a tax neutral financial center, which aims to compete with hubs like Singapore as it provides fiscal incentives and an easier regulatory

Morning Scan: All the big stories to get you started for the day

Disruptive clicks - The Hindu BusinessLine

India needs more disruptive reforms to unlock its startup potential × In the wake of the mini Budgets presented last year, and responding to the clarion call for Atmanirbharta (self-reliance) by PM Modi, it was no surprise that Budget 2021 focused on economic recovery and job creation, on health and well-being, capital and infrastructure, inclusive development, reinvigorating human capital, innovation and R&D, and minimum government and maximum governance. It was a very pleasant surprise to see the FM present the first digital Budget from a Made in India tablet, which bears testimony to the government’s deep commitment to tech adoption and support for Indian players.

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