Global Financial Centres
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UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
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Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
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Slow Recovery As Dubai Airport, Roads Still Plagued By Floods
Some 1,244 flights were cancelled and 41 were diverted on Tuesday and Wednesday after torrential rains flooded the Middle East financial centre including its homes, malls and offices, and highways.
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"GIFT City Efficient Channel To Make India Low-Carbon Economy": PM Modi
India wants to make its financial hub in Gujarat a centre for global sustainable finance to help fund the $10 trillion investment needed to achieve its 2070 net zero emissions goal, Prime Minister Narendra Modi said on Saturday.
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EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
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FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
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India Now Stands In League Of US, UK In Global Financial Sector: PM Modi
India is among the biggest economies in the world and is now joining the league of global financial centres like the United States, the United Kingdom and Singapore, Prime Minister Narendra Modi said on Friday.
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LIC's Employees Union Pressure Government Against IPO Plan
LIC's employees union pressures against the government's IPO Plan, a day after finance minister indicated the centre was open to reviewing it.
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US Firms In Hong Kong Awake To "Sad Day" As Trump Vows To Curb Economic Ties
The American Chamber of Commerce in Hong Kong said on Saturday it was "a sad day" for the global financial centre, hours after US President Donald Trump moved toward stripping the city of its special treatment in a bid to punish China.
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Uber Sets Up Uber Money Team in India to Develop Financial Solutions for Riders, Drivers
Uber has announced the formation of a dedicated Uber Money team in India that will work from its Hyderabad Tech Centre to work on global financial products. The team will work on solutions including Uber Wallet and refreshed credit cards for Uber cab riders.
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11 Indians Get Swiss Notices In Process To Share Banking Details
As Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it has initiated process to share information on Indians with Swiss bank accounts and shot off letters to about a dozen such individuals last week itself.
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Britain Starts Search For Next Bank Of England Governor
Britain's finance minister Philip Hammond began the search for a new governor of the Bank of England on Wednesday, seeking someone to help steer the world's fifth-biggest economy, and its global financial centre, through the upheaval of Brexit.
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Centre's Pressure On RBI May Hurt India's Financial Stability: S&P Global
S&P's lead global sovereign analyst said last week country's 7% annual growth would be enough to keep country's investment grade BBB- rating stable.
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NSE (National Stock Exchange) To Launch International Bourse On June 5
Bombay Stock Exchange has already operationalised its global exchange India International Exchange (INX) at international financial services centre (IFSC).
-
Central Banks Launch New Code Of Conduct For Forex Market
UK regulators, who oversee the world's biggest FX trading centre in London, are expected to embed the code in the new senior managers' regime for financial firms.
-
UKs University Of Surrey To Open Campus In Gujarat's Gift City
The project is dependent on regulatory approval from Gujarat International Financial Services Centres Authority (IFSCA) under the International Branch Campus Regulations.
-
Registrations Underway For ICSI Course on International Financial Service Centre Authority
The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy.
-
Slow Recovery As Dubai Airport, Roads Still Plagued By Floods
Some 1,244 flights were cancelled and 41 were diverted on Tuesday and Wednesday after torrential rains flooded the Middle East financial centre including its homes, malls and offices, and highways.
-
"GIFT City Efficient Channel To Make India Low-Carbon Economy": PM Modi
India wants to make its financial hub in Gujarat a centre for global sustainable finance to help fund the $10 trillion investment needed to achieve its 2070 net zero emissions goal, Prime Minister Narendra Modi said on Saturday.
-
EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
-
FTX Collapse: How the Crisis-Hit Platform's Financial Struggles Are Affecting The Global Crypto Landscape
FTX was rocked by a dramatic series of events this week, centred around the crisis-hit platform's lack of liquidity. A deal with rival Binance fell through earlier this week, and the ongoing saga is reverberating across the global cryptocurrency landscape. From the impact of the collapse on rivals, to the chances of regulatory scrutiny, here's ever...
-
India Now Stands In League Of US, UK In Global Financial Sector: PM Modi
India is among the biggest economies in the world and is now joining the league of global financial centres like the United States, the United Kingdom and Singapore, Prime Minister Narendra Modi said on Friday.
-
LIC's Employees Union Pressure Government Against IPO Plan
LIC's employees union pressures against the government's IPO Plan, a day after finance minister indicated the centre was open to reviewing it.
-
US Firms In Hong Kong Awake To "Sad Day" As Trump Vows To Curb Economic Ties
The American Chamber of Commerce in Hong Kong said on Saturday it was "a sad day" for the global financial centre, hours after US President Donald Trump moved toward stripping the city of its special treatment in a bid to punish China.
-
Uber Sets Up Uber Money Team in India to Develop Financial Solutions for Riders, Drivers
Uber has announced the formation of a dedicated Uber Money team in India that will work from its Hyderabad Tech Centre to work on global financial products. The team will work on solutions including Uber Wallet and refreshed credit cards for Uber cab riders.
-
11 Indians Get Swiss Notices In Process To Share Banking Details
As Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it has initiated process to share information on Indians with Swiss bank accounts and shot off letters to about a dozen such individuals last week itself.
-
Britain Starts Search For Next Bank Of England Governor
Britain's finance minister Philip Hammond began the search for a new governor of the Bank of England on Wednesday, seeking someone to help steer the world's fifth-biggest economy, and its global financial centre, through the upheaval of Brexit.
-
Centre's Pressure On RBI May Hurt India's Financial Stability: S&P Global
S&P's lead global sovereign analyst said last week country's 7% annual growth would be enough to keep country's investment grade BBB- rating stable.
-
NSE (National Stock Exchange) To Launch International Bourse On June 5
Bombay Stock Exchange has already operationalised its global exchange India International Exchange (INX) at international financial services centre (IFSC).
-
Central Banks Launch New Code Of Conduct For Forex Market
UK regulators, who oversee the world's biggest FX trading centre in London, are expected to embed the code in the new senior managers' regime for financial firms.
