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IFSC Authority allows non-bank FPIs to issue derivatives in GIFT-IFSC

This move comes as a follow-up to the announcement made by Finance Minister Nirmala Sitharaman during the Budget Speech of 2023-24, wherein ODIs issued in GIFT-IFSC were recognised as valid contracts

Nirmala-sitharaman , International-financial-services-centres-authority , Finance-minister-nirmala-sitharaman , Budget-speech , Offshore-derivative-instruments , Securities-contracts , Derivative-instruments , Gift-ifsc ,

Budget 2024: These are the 6 key Budget promises delivered in recent past

Govt has shared its promises delivered via a series of tweet highlighting the major government initiatives such as faster resolution of insolvency cases, reclaiming of shares & dividends via IEPF, setting of investment and infra fund, and establishing social stock exchange, among others

United-states , Canada , India , Singapore , Japan , Australia , Sebi , Kagoshima , Infrastructure-fund , National-company-law-tribunal , National-investment

GIFT IFSC: A booming hub for global fund managers

India's thriving economy has also attracted $46 billion in FDI during FY2023, registering a remarkable growth of 89% since FY2014. This warrants scrutiny of the jurisdictions contributing to this inflow. Notably, Singapore emerged as the leading source of FDI to India, contributing 37% ($17.2 billion) of the basket. The small island nation of Mauritius had a 13.32% share followed by the US at 13.13%.

Gandhinagar , Gujarat , India , Singapore , Ahmedabad , Mauritius , Canada , Canadian , Aditya-birla-sun , Fund-regime , India-innovative-offshore , Gujarat-international

gift ifsc exchange: Explained: Benefits of direct listing on GIFT IFSC Exchange

The Indian equity market boasts an impressive market cap of over US$ 3.8 trillion, with nearly all of it attributed to India-incorporated companies. In our article published in ET in 2022, we emphasized on encouraging foreign companies to list in India as their secondary listing destination and conversely Indian-promoted companies that are presently incorporated and listed exclusively outside India to opt for Indian exchanges as their secondary listing platform.

India , Sunil-sanghai , Nirmala-sitharaman , Nasdaq , Novaaone-capital , Finance-minister-nirmala-sitharaman , Gift-ifsc-exchange , Direct-listing , Phonepe , Gift-ifsc ,

gift ifsc exchange: Explained: Benefits of direct listing on GIFT IFSC Exchange

The Indian equity market boasts an impressive market cap of over US$ 3.8 trillion, with nearly all of it attributed to India-incorporated companies. In our article published in ET in 2022, we emphasized on encouraging foreign companies to list in India as their secondary listing destination and conversely Indian-promoted companies that are presently incorporated and listed exclusively outside India to opt for Indian exchanges as their secondary listing platform.

India , Nirmala-sitharaman , Nasdaq , Finance-minister-nirmala-sitharaman , Gift-ifsc-exchange , Direct-listing , Phonepe , Gift-ifsc ,

Govt allows firms to list on GIFT IFSC to attract foreign flows

Public and privately held Indian firms can now list their shares on the International Financial Services Center at Gujarat International Fin-Tec City, Finance Minister Nirmala Sitharaman announced at a briefing Friday.

Singapore , India , Dubai , Dubayy , United-arab-emirates , China , Chinese , Narendra-modi , Nirmala-sitharaman , Bloomberg , International-financial-services-center , Gujarat-international-fin-tec-city