Jul 16, 2021 02:49 PM IST
Covid-19 a temporary setback as fundamentals remain intact and there is still a huge potential for growth in India's
passenger as well as cargo traffic, aviation experts say
- Jul 14, 2021 04:23 PM IST
A local leasing ecosystem would benefit both airlines and aircraft lessors
- Jul 13, 2021 03:14 PM IST
Without much publicity, the government has made a major move to break out of the chronic cycle of low working capital that plagues Indian exporters. The proposed International Trade Finance Services platforms will be a major boost to exporters.
- Jun 01, 2021 10:37 PM IST
For relocation, a Foreign Portfolio Investor (FPI) or its wholly-owned special purpose vehicle may approach its Designated Depository Participants (DDP) for approval of a "one-time 'off-market' transfer of its securities to the 'resultant fund'.
- Mar 18, 2021 09:14 AM IST
GIFT City’s regulator IFSCA is considering the listing of Special Purpose Acquisition Companies (SPACs) on the exchange
- Feb 26, 2021 07:49 PM IST
Speaking at the India Aircraft Leasing Summit, Nirmala Sitharaman said the government has rapidly built on the International Financial Services Centre (IFSC) owing to its cost-effective feature.
- Feb 02, 2021 09:51 AM IST
The exchange will come into the limelight if it handles a few high-profile IPOs
- Feb 01, 2021 05:38 PM IST
In the budget of 2018-19, the government had announced its intent to establish a system of regulated gold exchanges in the country. For this purpose, SEBI will be notified as to the regulator. For warehousing purposes, the government has appointed Warehousing Development and Regulatory Authority as a regulator.
- Oct 30, 2020 05:47 PM IST
IFSCA, the newly appointed regulator, is looking at having a consortium set up a bullion exchange rather than permitting individual/multiple exchanges
- Sep 28, 2020 06:45 PM IST
An IA will ensure to conduct annual audit in respect of compliance with investment adviser regulations and these guidelines from a chartered accountant from a company secretary.
- Aug 11, 2020 10:14 AM IST
Thanks to the Indian penchant for red tape, GIFT City barely features among the top financial hubs in the country.
- Aug 03, 2020 06:25 PM IST
"The committees may also examine and recommend any other issues which are important though not specifically mentioned in the above terms of reference," it added.
- Jul 18, 2020 01:15 PM IST
It is mandatory to add the payee’s name while making an online fund transfer. Some banks match the beneficiary’s name as a precautionary measure to ensure fund transfer happens to the correct account, but it’s not mandatory for banks to do so, according to Reserve Bank of India (RBI)'s regulations.
- May 19, 2020 05:00 PM IST
The Reserve Bank has mandated that all OTC foreign exchange, interest rate and credit derivative transactions, both inter-bank and client, will be reported to CCIL's trade reporting platform, according to a notification.
- Feb 16, 2020 01:33 PM IST
The move would help companies in having another avenue for raising funds.
- Oct 03, 2019 11:42 AM IST
While most changes are welcome, they will have to be assessed in light of current fund structures
- Jan 25, 2019 05:42 PM IST
A QCCP member is subjected to lower capital requirements under the Basel-III framework introduced by the Basel Committee on Banking Supervision.
- Jun 17, 2018 09:43 AM IST
NSE is hopeful of consolidating trading volume at its subsidiary NSE IFSC Exchange in Gujarat's GIFT City in the long term even as it awaits the outcome of offshore derivative tussle with the Singapore Exchange.
- Mar 23, 2018 10:25 PM IST
Fadnavis made the statement in the Legislative Council after a Congress member pointed out that Union Finance Minister Arun Jaitley had ruled out setting up an IFSC in Maharashtra's capital.
- Mar 16, 2018 05:48 PM IST
Bond issue by Indian Renewable Energy Development Agency (IREDA) is the first debt security to be listed on the NSE IFSC and will offer high cost efficiency as well as enable issuers to access international investors.
- Feb 01, 2018 04:39 PM IST
In a push to Prime Minister Narendra Modi's 'dream project' - GIFT City - the Union Budget has proposed a unified regulator for the International Financial Services Centre in Gujarat.
- Nov 15, 2017 01:56 PM IST
India's only IFSC has been set up in GIFT City, Gujarat, to enable Indian entities to compete on an equal footing with offshore financial centres.
- Sep 22, 2017 07:37 AM IST
Among others, the incentives given by the bourses during a financial year should not exceed 25 per cent of the net profits or the free reserves of the stock exchange concerned.
- Sep 01, 2017 04:10 PM IST
Besides, such issuers have to obtain the credit ratings either from an agency registered with Sebi or from any other agency registered in a Financial Action Task Force (FATF) member jurisdiction.
- Aug 31, 2017 08:02 PM IST
Earlier, Sebi's IFSC guidelines provided that the debt securities listed in stock exchanges should be traded on the platform of the stock exchange and such trades should be cleared and settled through clearing corporation set up in the IFSC.