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…
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Gandhinagar, May 8 (IANS) Union Minister of Civil Aviation Ram Mohan Naidu Kinjarapu said on Friday that India’s commercial airlines currently have outstanding deliveries of 1,640 aircraft, which translates into a $50 billion opportunity for the country’s leasing ecosystem over the coming decade. Addressing the India Aircraft Leasing and Financing Summit 2.0 at GIFT City here, the minister said India’s commercial aircraft fleet is expected to reach 1,100 aircraft by 2027 and expand to o…
Mumbai, Feb 25 (IANS) Indian investors may soon be able to buy shares in 30 global markets through the NSE International Exchange.The exchange plans to expand its recently launched global investing platform over the next three to six months, according to multiple media reports.NSE IX Managing Director and CEO V Balasubramaniam said the exchange currently allows trading in US stocks and is working to add more international markets.He said discussions are underway to include several G7 nations, in…
New Delhi, Jan 21 (IANS) Wholly-owned subsidiary of the National Stock Exchange of India, NSEIX informed on Wednesday that it signed a memorandum of understanding (MoU) with Finance Industry Development Council to help non‑banking financial companies raise capital in GIFT IFSC.Finance Industry Development Council is a self-regulatory organisation for Non- Banking Financial Companies (NBFCs).The collaboration will enhance capital market access by facilitating NBFCs in raising funds through the …