Tag: GIFT
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GIFT Nifty indicates Indian equities likely to start with steep cuts post Wall Street sell-off
The GIFT Nifty, which is an early indicator of how Indian equity markets are likely to begin trading, is currently down 200 points, indicating...
GIFT Nifty indicates a gap down start, putting Nifty’s 22,500 support under threat
The GIFT Nifty is indicating a gap-down start for Indian benchmark indices Nifty 50 and Sensex. It is down 152 points, or 0.68% at...
“Deemed dividend” clause exemption to encourage setting up of Global Treasury Centres in GIFT City: IFSCA on Union Budget
Indian and foreign corporates will be encouraged to set up large treasury operations in GIFT IFSC in Gujarat, after the Union Budget on Saturday...
Budget push for offshore fund relocation to GIFT IFSC will realise government vision of ‘onshoring the offshore’
The Budget has announced a host of measures to encourage the relocation of overseas funds in jurisdictions such as Mauritius and Singapore to GIFT...
