India faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sec...

Starting Monday, derivatives contracts of SGX Nifty, previously traded on the Singapore exchange, will begin trading on NSE's International...

While the monthly volume at the GIFT City International Financial Services Centre (IFSC) may just be equal to the daily volume in the cash ...

The launch of rupee-dollar derivatives contract is expected to bring rupee trading home from other international financial centres

The finance minister opened the trading facility by ringing the bell electronically through video conference.

The exchanges are permitted to offer trading in securities in any currency other than rupee.

Trading on exchanges in Singapore, US & Dubai has seen volumes soar between 2015 and 2019.

To support the export industry amid a difficult economic scenario, the government has been requested to utilise IFSC platform at the GIFT C...

The move will benefit Indian bourses at IFSCs by bringing rupee trading to the country, as such derivative contracts are presently dominate...

IFSC has the potential to become a centre of international finance and high end data processing, the minister added. It has 19 insurance en...

The central bank Monday issued directions for currency derivatives in any currency pair involving the Indian Rupee in international financi...

Rupee trading onshore has been shrinking at the expense of offshore market.

India INX is the number one exchange in IFSC GIFT City with an average daily turnover of Rs 16,254 crore.

"India also must figure on the map of the global financial centres network," Tyagi said.

As for International Financial Services Centre (IFSC), Subbaraman called it as starting of a journey.

Proceeds from the issues were used to finance renewable energy projects across India.

The country's only IFSC has been set up in GIFT City near Ahmedabad, where both the BSE and the NSE have set up exchanges.