Ifsc

As the objective of the India International Financial Services Centre (IFSC) is to compete with IFSCs in global markets, exemption from obtaining PAN in India and filing tax returns should be extended to all investors and funds set up under IFSC.

PM Modi said that GIFT IFSC is an efficient channel for the required green capital flow in order to make India a low carbon economy.

The Reserve Bank of India saidit is proposing to permit banks with IFSC banking units to offer non-deliverable forex derivative contracts involving the Indian rupee to resident users in the onshore market.

PFC Infra Finance IFSC Limited aims to provide lending in India and in other countries in foreign currency, catering to both government and private players.

With IREDA’s presence in the IFSC, we anticipate greater access to innovative financing alternatives and enhanced collaboration with international investors, encouraging the advancement of renewable energy projects in the country and abroad.

Also postponed due to the outbreak was the IFSC Asian Championships, due to take place in Chongqing in China.

On the number of beneficiaries not getting the relief amount credited in their bank accounts, Janjua said, “It was due to various reasons, including bank mergers where IFSC codes changed.

Fifteen-year-old Ai Mori became the youngest Japanese to finish on the podium at the IFSC Climbing World Championships after taking bronze in the women's lead competition.

He said operations taking place today in the IFSC in India are core banking and insurance (life & non-life).

Shauna Coxsey topped women's qualification for the combined event as the International Federation of Sport Climbing (IFSC) World Championships continued today in Japan.

Tyagi also expressed optimism of a successful rollout of rupee derivatives contracts to be traded on exchanges in the IFSC.

India’s largest power producer has listed its $6bn (about Rs40,000cr) MTN programme (debt instrument) on India International Exchange at IFSC, GIFT City (India INX).

The International Federation of Sport Climbing ( IFSC ) is the official organization governing competition climbing worldwide and is recognized by the IOC and GAISF and is a member of the International World Games Association ( IWGA ).