Tag: GIFT City

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International Financial Services Centres (IFSCs)

Facts for Prelims (FFP)   Source: ET Context: The Indian finance ministry has announced that courses in financial management, fintech, science, technology, engineering, and mathematics (STEM) offered by foreign institutions in International Financial Services Centres (IFSCs) (such as GIFT City) will be exempt from certain provisions of the University Grants Commission Act and the All-India …

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International Financial Services Centres (IFSCs)

Facts for Prelims (FFP)   Source: ET Context: The Indian finance ministry has announced that courses in financial management, fintech, science, technology, engineering, and mathematics (STEM) offered by foreign institutions in International Financial Services Centres (IFSCs) (such as GIFT City) will be exempt from certain provisions of the University Grants Commission Act and the All-India …

Continue reading “International Financial Services Centres (IFSCs)”

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What are International Financial Services Centres(IFSC)?

GS Paper 2: Topics Covered: Important International institutions.   Context: Prime Minister Narendra Modi is set to inaugurate InFinity Forum, a thought leadership Forum on FinTech, on 3rd December. The event is being hosted by International Financial Services Centres Authority (IFSCA), under the aegis of Government of India in collaboration with GIFT City and Bloomberg. …

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