Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
CO-PRESENTED BY
LIVE TV DownloadNews18 App
News18 English
»
1-min read

GIFT IFSC Ranked 10th in Global Financial Centres Index

Produced bi-annually by the China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London, a leading commercial think-tank, the GFCI report covers around 92 centres and 16 associate centres globally.

PTI

Updated:October 2, 2017, 5:21 PM IST
facebookTwittergoogleskypewhatsapp
GIFT IFSC Ranked 10th in Global Financial Centres Index
GIFT IFSC is ranked tenth ahead of Luxembourg, Seoul, Abu Dhabi, Toronto and Beijing in the list of the GFCI report.
Loading...
New Delhi: Country's Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) has been ranked tenth in the latest edition of Global Financial Centres Index 22 (GFCI)-London.

Produced bi-annually by the China Development Institute (CDI) in Shenzhen and Z/Yen Partners in London, a leading commercial think-tank, the GFCI report covers around 92 centres and 16 associate centres globally.

"GIFT IFSC is ranked tenth ahead of Luxembourg, Seoul, Abu Dhabi, Toronto and Beijing in the list of the GFCI report which has 15 centres that are likely to become more significant in the next few years," the report said. It presents parameter for measuring the attractiveness of financial centres apart from providing a strategic understanding into the growth and competitiveness of financial centres.

GIFT IFSC has made tremendous progress, according to the GFCI report. Six of the top ten emerging centres are in Asia. Ajay Pandey, Managing Director and Group CEO, GIFT City, said, "The recognition of GIFT IFSC as one of the most significant emerging financial centres by GFCI, London is the testimony of the contribution GIFT IFSC is making in the international financial services business."

GIFT IFSC is operational with approximately 10 leading banks, 8 insurance companies and participating brokers, and 2 International Exchanges (India INX and NSE IFSC) along with around 100 capital market players having established their base at GIFT IFSC.

GIFT, a Gujarat government project in partnership with IL&FS is developing India's first global financial hub. Gujarat International Finance Tec-City (GIFT) is India's first multi-service SEZ with International Financial Service Centre (IFSC) status which is catering to India's large financial services market by offering global firms, world-class infrastructure and facilities.
| Edited by: Bijaya Das
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
 
 
Most Active
Company Price Change %Gain
SBI 344.70 7.97
Reliance 1,325.90 4.62
Indiabulls Hsg 814.55 12.63
ICICI Bank 407.70 4.62
HDFC 2,122.50 6.46
Company Price Change %Gain
Reliance 1,325.50 4.72
Axis Bank 782.75 4.62
Indiabulls Hsg 811.05 12.47
SBI 344.60 8.04
Yes Bank 143.60 6.73
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 814.55 12.63
Adani Ports 400.10 8.99
IndusInd Bank 1,494.65 8.82
SBI 344.70 7.97
Tata Motors 190.15 7.52
Company Price Change %Gain
IndusInd Bank 1,492.60 8.64
SBI 344.60 8.04
Tata Motors 190.00 7.53
Yes Bank 143.60 6.73
Larsen 1,451.05 6.55
Top Losers
Company Price Change %Gain
Dr Reddys Labs 2,589.40 -5.67
Zee Entertain 362.50 -2.59
Bajaj Auto 3,006.30 -1.11
Tech Mahindra 779.35 -0.70
Infosys 722.40 -0.21
Company Price Change %Gain
Bajaj Auto 3,005.85 -1.18
Infosys 722.40 -0.19

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results