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Smt. Nirmala Sitharaman launches INR - USD Futures and Options contracts in the International Exchanges at GIFT-IFSC
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....mt. Nirmala Sitharaman launches INR - USD Futures and Options contracts in the International Exchanges at GIFT-IFSC <br>News and Press Release<br>Dated:- 8-5-2020<br><BR>Union Minister for Finance & C....
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....orporate Affairs Smt. Nirmala Sitaraman launched INR-USD Futures and Options contracts on the two International Exchanges, viz BSE's India INX and NSE's NSE-IFSC, at GIFT International Financial Servi....
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....ces Centre at Gandhinagar today through video conference. Over the last decade or so a significant market share in financial services related to India has moved to other international financial centr....
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....es. Bringing this business to India is clearly beneficial in terms of economic activity and employment gains for India. The launch of INR-USD contracts at the exchanges in GIFT-IFSC is a step in this ....
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....direction. This will be available 22 hours across all time zones for all global participants from GIFT IFSC. Given the world class business environment and competitive tax regime at GIFT-IFSC, it is ....
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....expected that trading of INR-USD contracts may bring volumes to India. This would also bring larger global participation in India through IFSC and connect India's IFSC globally.<BR> News - Press relea....
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....se - PIB....