India’s new finance hub in Gujarat eyes real-time dollar settlement by 2025

June 25, 2024

Real-time dollar settlement in India’s newest financial hub in Gujarat, GIFT City, is set to begin later this year. The service aims to attract foreign investors by streamlining transactions and reducing delays.

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High margin requirements will discourage undue speculation in electricity futures: Sebi Chief Pandey

A high initial-margin requirement will discourage “undue speculation” in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.

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IndusInd Bank to consider raising funds via long-term bonds

IndusInd Bank is set to discuss raising funds through long-term bonds at its upcoming board meeting on July 23. This consideration follows a $230 million

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