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The name "GIFT" is an acronym that stands for "Gujarat International Finance Tec-City". The word "Gujarat" refers to the western Indian state where the city is located."International" signifies that the city is intended to be a global hub for financial and business services, attracting businesses and investors from around the world.
It was rebranded from the erstwhile SGX Nifty and shifted to the new international exchange–NSE IFSC in GIFT City, Gandhinagar, Gujarat. GIFT Nifty started trading on September 25, 2000 under the name of SGX Nifty [1] and trading under new name began on July 3, 2023. [2] GIFT Nifty set an All-Time High Monthly Turnover of US $100.7 billion ...
A car plowed into a crowd at a Christmas market in eastern Germany on Friday, leaving five people dead and more than 200 injured, dozens of them critically.A 9-year-old boy was among those killed ...
The GIFT International Financial Services Centre (GIFT IFSC) is a financial centre and special economic zone in Gujarat International Finance Tec-City (GIFT City) covering 106 ha (261 acres) established in April 2015 as a financial hub to provide world-class infrastructure and services for financial institutions and companies operating in areas such as banking, insurance, capital markets, and ...
Gandhinagar (/ ɡ ɑː n d ɪ ˈ n ɑː ɡ ər /, Gujarati: [ˈɡɑːndʱinəɡəɾ] ⓘ) is the capital of the state of Gujarat in India. Gandhinagar is located approximately 23 km north of Ahmedabad , on the west central point of the industrial corridor between the megacities of Delhi and Mumbai .
India INX offers access to the full range of stocks and exchange-traded funds available in US markets. The daily average volume in foreign stocks in India INX during the month of January 2022 was $5,242. By May it had risen to $42,954 and to $195,139 in June 2022. During the last week of June, the daily average volume was $462,036. [23]
In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. [6] [7] [5]
The 10th Vibrant Gujarat Global Summit (VGGS) was held from January 10 to 12, 2024, at Mahatma Mandir Convention and Exhibition Centre in Gandhinagar, Gujarat, India. [2] [3] The summit, organized by the Government of Gujarat in partnership with the Confederation of Indian Industry (CII) and iNDEXTb, focused on the theme "Gateway to the Future," bringing together global leaders, policymakers ...