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budget 2021: Fintech hub at GIFT City to open Indian fintech to the world

Synopsis The aim is to “support the development of a world-class fintech hub” at GIFT City that’s designed to double up as a multi-service finance hub in Gujarat, Finance Minister Nirmala Sitharaman says in her budget speech. Mumbai: The government’s move to set up a fintech hub at Gandhinagar Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC) commonly known as the GIFT City is set to provide a platform for fintech startups to expand globally and access capital. While presenting the Union Budget 2021-22 in the Parliament on Monday, Finance Minister Nirmala Sitharaman said that the aim is to “support the development of a world-class fintech hub” at India’s first operational smart city specifically designed to double up as a multi-service finance hub in Gujarat.

Nirmala sitharamanTapan rayAvendus groupParliament onInternational financial services centreGandhinagar gujarat international finance tecUnion budgetFinance minister nirmala sitharamanPyar khanOrios venture partnersKotak mahindra capitalதபன் ராய்அவென்ட்ஸ் குழுபாராளுமன்றம் ஆன்சர்வதேச நிதி சேவைகள் மையம்காந்திநகர் குஜராத் சர்வதேச நிதி டெக்

International bullion exchange at IFSC likely to become operational by July-August

International bullion exchange at IFSC likely to become operational by July-August SECTIONS Share Synopsis “Also, with the setting up of the international bullion exchange, a portion of the idle gold that is lying in the Indian households may come to the market as the sellers will be able to get a fair and transparent price for the precious metal,” GIFT City managing director Tapan Ray told. Agencies The international bullion exchange is also expected to lead to a uniform pricing of gold across the country. KOLKATA: The international bullion exchange at the International Financial Services Centre (IFSC) in Gujarat’s GIFT City will likely become operational by July-August this year, paving the way for a large chunk of gold trading shifting from Dubai to India, the largest consumer of the metal in the world.

Business newsBreaking news eventsLatest news updatesEconomic timesEconomic times news appDaily market updatesLive businessGujarat rsquos gift cityGold tradingInternational bullion exchangeInternational financial services centreTapan rayவணிக செய்திஉடைத்தல் செய்தி நிகழ்வுகள்சமீபத்தியது செய்தி புதுப்பிப்புகள்பொருளாதார முறை

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Savvy Infrastructure to invest Rs 700 cr more in GIFT City

Savvy Infrastructure to invest Rs 700 cr more in GIFT City By IANS | Published on Wed, Jan 6 2021 22:06 IST | 0 Views Rs 255 cr assets of companies fraudulently availing agri loans attached .. Image Source: IANS News New Delhi, Jan 6 : Savvy Infrastructure Pvt Ltd is set to invest Rs 700 crore more in GIFT City with the development of around five projects. The Gujarat International Finance Tec (GIFT) City has allotted 10 lakh square feet built up area to Savvy Infrastructure for development of commercial, residential and social buildings in the GIFT SEZ area. Savvy will develop around five projects and invest about Rs 700 crore for this development. This will be in addition to the existing 23 storied commercial tower which consists of offices and Free Trade Warehousing Zone (FTWZ) operational in GIFT SEZ area, the company said in a statement.

New delhiJaxay shahTapan rayGujarat international finance tecInfrastructure pvt ltdSavvy infrastructure pvt ltdSavvy infrastructureFree trade warehousing zoneபுதியது டெல்ஹிதபன் ராய்குஜராத் சர்வதேச நிதி டெக்உள்கட்டமைப்பு பிரைவேட் லிமிடெட்ஆர்வலராக உள்கட்டமைப்பு பிரைவேட் லிமிடெட்ஆர்வலராக உள்கட்டமைப்புஇலவசம் வர்த்தகம் கிடங்கு ஸோந்