The new framework covers insider trading, fraudulent and manipulative practices, false information and artificial trading, replacing Sebi's existing market-abuse regimes in the IFSC
Cumulative funds raised by non-retail schemes rose to $22.93 billion, while the number of fund management entities increased to 235 at the end of the June quarter
Regulators are examining listing, public float, taxation, currency and surveillance rules for Indian companies seeking to raise funds from global investors at GIFT City
Ashok Kumar Gautam, the first chief executive officer of India International Bullion Exchange IFSC Ltd., has resigned citing personal reasons
The foreign lender expects to roll out wealth management services over the next few months, expanding its retail offerings from the international financial services centre
Of the traded value, $1.5 billion is from trading on the exchanges of the US, followed by those of South Korea and Germany at $272 million and $43.7 million, respectively
Criteria include eligibility thresholds, disclosure requirements, price discovery mechanisms
The exemption allows eligible IFSC GIFT City units to charter foreign vessels for EXIM and international trade without obtaining a licence under the Coastal Shipping Act
Draft framework aims to eliminate repetitive KYC by introducing a unique client ID and mandatory KRA integration for regulated entities in GIFT City
Gross premiums underwritten by IFSC Insurance Offices in GIFT City rose fourfold in FY26, driven by rapid expansion in reinsurance business and a doubling of insurance entities
IPO withdrawal at GIFT City highlights regulatory hurdles and limited investor access, raising concerns over IFSC's listing readiness
The International Financial Services Centres Authority (IFSCA), which regulates the hub, has approached the government to permit the use of the euro alongside the US dollar for settlements
IFSCA steps up enforcement in GIFT City, issuing notices to fund managers and intermediaries over compliance lapses and operational deficiencies
State-run lender raises $500 million through a five-year syndicated loan via its GIFT City IFSC unit, attracting investors across Asia and aiming to diversify funding sources
XED Executive Development decided to defer the IPO from the earlier planned date of March 6 due to the ongoing conflict in the Middle East
Experts say simpler rules, tax benefits aid GIFT City's emergence as preferred jurisdiction
GIFT City is scaling fast across 35+ segments, topping $100 bn in banking assets and attracting global listings, ratings, fintechs, and funds beyond tax incentives
Taxes on capital gains and dividends are paid at the fund level; investors do not pay
At Business Standard's BFSI Summit, experts discussed the progress of GIFT City IFSC and the upcoming prospects
The approval enables IA Fintech, a subsidiary of IAL, to provide a wide range of digital payment and cross-border financial services for enterprises within GIFT-IFSC and international markets