Latest IFSC News & Updates

New Delhi, June 10 (IANS) Gujarat International Finance Tec-City (GIFT City) on Wednesday announced launch of the second cohort of its Fintech Residential Programme to support early-stage startups to build, validate and scale solutions relevant to the evolving financial services landscape.The program will support startups working on solutions across cross-border finance, security, risk and compliance, Web3 and blockchain infrastructure, and GovTech and RegTech.The application for eligible startu…

Gandhinagar, May 22 (IANS) India’s efforts to position itself as a global financial and investment destination received fresh emphasis during a high-level review of Gujarat International Finance Tec-City (GIFT City), where Union Finance Minister Nirmala Sitharaman noted that the International Financial Services Centre (IFSC) was helping channel international capital flows into the country through globally benchmarked institutional frameworks, regulatory agility and a supportive social ecosyste…

Gandhinagar, May 8 (IANS) More than 370 aviation assets worth nearly $5.8 billion have been leased through the International Financial Services Centre (IFSC) at GIFT City, Gujarat Chief Minister Bhupendra Patel, said on Friday while addressing the India Aircraft Leasing and Financing Summit 2.0.Speaking at the summit in GIFT City, Patel said the aviation leasing sector in India was expanding rapidly and that the IFSC had emerged as a major platform for aircraft leasing and financing activity in …

Surat, April 29 (IANS) Gujarat is set to place South Gujarat at the centre of its next phase of economic expansion as it hosts the Vibrant Gujarat Regional Conference (VGRC) on May 1 and 2 at AURO University in Surat, alongside a parallel focus on global finance through GIFT City and emerging investment opportunities in Global Capability Centres. The conference is expected to bring together policymakers, industry leaders, startups and international stakeholders to examine the role of innovation,…

Mumbai, Jan 19 (IANS) Underscoring the vision of ‘Insurance for All by 2047’ as roadmap for inclusive insurance growth, M. Nagaraju, Secretary, Department of Financial Services (DFS), said on Monday that the Indian insurance sector, an integral part of the financial system, plays a significant role in the economy by providing protection against mortality, property and casualty risks, encouraging savings, and providing long-term funds for infrastructure development and other long-gestation pr…