INR-USD Futures and Options contracts have been launched on International Exchanges by the Union Minister for Finance & Corporate Affairs, Nirmala Sitaraman. The INR-USD Futures and Options contracts have been launched on BSE’s India INX and National Stock Exchange, NSE’s NSE-IFSC, at GIFT International Financial Services Centre, Gandhinagar, Gujarat.
Click Here To Get Test Series For SBI PO 2020
INR-USD contracts have been launched at the exchanges in GIFT-IFSC as a significant market share in financial services related to India has moved to other international financial centres. Launching them at the exchanges in GIFT-IFSC will bring this business to India and benefit the country in terms of economic activity and employment gains. It would also bring larger global participation in India through IFSC and will also connect India’s IFSC globally as it will be available for 22 hours across all time zones for all global participants from GIFT IFSC.
World AIDS Vaccine Day, also known as HIV Vaccine Awareness Day, is observed annually on…
The Indian government has announced plans for public sector companies like Coal India, NMDC, and…
In April, India's merchandise exports saw a modest 1% increase, reaching $34.99 billion, driven by…
The Open Network for Digital Commerce (ONDC), a digital infrastructure initiative launched in 2021, has…
In response to rising credit demand and falling liquidity, State Bank of India (SBI) has…
The Indian Army is poised to elevate its air defense capabilities with the impending delivery…