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India International Exchange
The India International Exchange Limited (India INX) is India's first international stock exchange which is under the ownership of Ministry of Finance, Government of India. It is located at the International Financial Services Centre, GIFT City in Gujarat. It was inaugurated by Indian Prime Minister Narendra Modi on 9 January 2017. The trading operations began on 16 January 2017. It operates on EUREX T7, an advanced technology platform. India INX claims that it is the world's fastest exchange, with a turn-around time of 4 microseconds. It operates 22 hours a day, six days a week. These timings facilitate international investors and Non-Resident Indians to trade from anywhere across the globe at their preferred time. Operations In early 2020, the Asian Development Bank raised $118 million from offshore rupee-linked 10-year bonds. The bonds were listed on India INX. India INX offers access to the full range of stocks and exchange-traded funds available in US markets. The da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Narendra Modi
Narendra Damodardas Modi (; born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. Modi was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament from Varanasi. He is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a right-wing Hindu nationalist paramilitary volunteer organisation. He is the longest serving prime minister from outside the Indian National Congress. Modi was born and raised in Vadnagar in northeastern Gujarat, where he completed his secondary education. He was introduced to the RSS at age eight. He has reminisced about helping out after school at his father's tea stall at the Vadnagar railway station. At age 18, Modi was married to Jashodaben Chimanlal Modi, whom he abandoned soon after. He first publicly acknowledged her as his wife more than four decades later when required to do so by Indian law, but has made no contact with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchanges In India
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2017 Establishments In Gujarat
Seventeen or 17 may refer to: *17 (number), the natural number following 16 and preceding 18 * one of the years 17 BC, AD 17, 1917, 2017 Literature Magazines *Seventeen (American magazine), ''Seventeen'' (American magazine), an American magazine *Seventeen (Japanese magazine), ''Seventeen'' (Japanese magazine), a Japanese magazine Novels *Seventeen (Tarkington novel), ''Seventeen'' (Tarkington novel), a 1916 novel by Booth Tarkington *''Seventeen'' (''Sebuntiin''), a 1961 novel by Kenzaburō Ōe *Seventeen (Serafin novel), ''Seventeen'' (Serafin novel), a 2004 novel by Shan Serafin Stage and screen Film *Seventeen (1916 film), ''Seventeen'' (1916 film), an American silent comedy film *''Number Seventeen'', a 1932 film directed by Alfred Hitchcock *Seventeen (1940 film), ''Seventeen'' (1940 film), an American comedy film *''Eric Soya's '17''' (Danish: ''Sytten''), a 1965 Danish comedy film *Seventeen (1985 film), ''Seventeen'' (1985 film), a documentary film *17 Again (film), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Stock Exchanges In The Commonwealth Of Nations
This is a list of active stock exchanges in the Commonwealth of Nations (Full Members). The Commonwealth of Nations features member-states located on all major continents and represents almost one-third of the Earth's population. Some states have signed agreements establishing multi-state regional stock exchanges while other larger states may hold more than one, or even specialised stock exchanges. Among the list include the conceptualized Commonwealth free trade area, and nations which make up the proposed CANZUK-bloc. Regulators * Financial regulation * Securities Commission * Securities exchange * List of financial regulatory authorities by country * Regulation D (SEC) See also * List of stock exchanges in the United Kingdom, the British Crown Dependencies and United Kingdom Overseas Territories * List of Commonwealth of Nations countries by GDP * Sustainable Stock Exchanges Initiative * List of stock market indices * List of stock exchanges in Africa * List of stock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Masala Bonds
Masala bonds are bonds issued outside India but denominated in Indian Rupees, rather than the local currency. Masala is a Hindi word meaning spices. The term was used by the International Finance Corporation (IFC) to evoke the culture and cuisine of India. Unlike dollar bonds, where the borrower takes the currency risk, Masala bonds makes the investors bear the risk. The first Masala bond was issued by the World Bank-backed IFC in November 2014 when it raised 1,000 ₹10million bonds to fund infrastructure projects in India. Later in August 2015 International Financial Cooperation for the first time issued green masala bonds and raised ₹3.15 Billion to be used for private sector investments that address climate change in India. In July 2016 HDFC raised ₹30 billion from Masala bonds and thereby became the first Indian company to issue masala bonds. In the month of August 2016 public sector unit NTPC issued first corporate green masala bonds worth ₹20 billion. See also * For ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bombay Stock Exchange
BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the 8th largest stock exchange with an overall market capitalisation in the world with more than ₹276.713 lakh crore, as of January 2022. Unlike countries like the United States where nearly 70% of the country's GDP is derived from large companies in the corporate sector like Apple and Tesla, the corporate sector in India accounts for only 12–14% of the national GDP (as of October 2016). Of these only 7,400 companies are listed of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only around 4% of the Indian economy, which derives most of its income-related activity from the unorganized sector and household spe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mint (newspaper)
''Mint'' is an Indian financial daily newspaper published by HT Media, a Delhi-based media group which is controlled by the K. K. Birla family that also publishes ''Hindustan Times''. It mostly targets readers who are business executives and policy makers. It has been in circulation since 2007. Of the five business dailies published in India, Mint rose to the number two position immediately after its launch and has remained there (behind The Economic Times ever since. It publishes a single national edition that is printed and distributed in New Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Pune, Ahmedabad and Chandigarh. Unlike most mainstream newspapers from India, Mint is not published on Sunday. It instead offers its readers Mint Lounge every Saturday, a weekend magazine focused on intelligent lifestyle, fashion, food, books, science and culture. Mint's editorial coverage and its style of presentation is noted for its refreshing clarity and accessibility - facets ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE) and non-regional developed countries. From 31 members at its establishment, ADB now has 68 members. The ADB was modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions locate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-resident Indian And Person Of Indian Origin
Overseas Indians (International Alphabet of Sanskrit Transliteration, IAST: ), officially Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are Indian people, Indians who live outside of the Republic of India. According to the Government of India, ''Non-Resident Indians'' are citizens of India who are not living in the country, while the term ''People of Indian Origin'' are people of Indian birth or ancestry who are not citizens of India, but are citizens of other nations and may additionally have Overseas Citizenship of India (OCI), with those having the OCI status known as ''Overseas Citizens of India''. According to a Ministry of External Affairs (India), Ministry of External Affairs report, there are 32 million NRIs and OCIs residing outside India and overseas Indians comprise the world's largest overseas diaspora. Every year 2.5 million (25 lakhs) Indians migrate overseas, which is the highest annual number of migrants in the world. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GIFT City
Gujarat International Finance Tec-City (GIFT City) is central business district under-construction in Gandhinagar and Ahmedabad in Gandhinagar district in Gujarat, India. It is India's first operational greenfield smart city and international financial services center, which the Government of Gujarat promoted as a greenfield project. GIFT City, an emerging global financial and IT services hub and a first-of-its-kind in India, is designed to be at or above par with globally benchmarked business districts. GIFT City presents us with a one-time opportunity to create a corporate haven “like Delware island” that while being under Indian control, can provide entrepreneurs and investors with the best of both worlds. Let India-based entrepreneurs incorporate in Gift City, let them accept investments in any currency from investors around the world (barring those from defined restricted jurisdictions, e.g. neighboring countries, sanctioned countries), let them hold money in USD or I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gujarat International Finance Tec-City
Gujarat International Finance Tec-City (GIFT City) is central business district under-construction in Gandhinagar and Ahmedabad in Gandhinagar district in Gujarat, India. It is India's first operational greenfield smart city and international financial services center, which the Government of Gujarat promoted as a greenfield project. GIFT City, an emerging global financial and IT services hub and a first-of-its-kind in India, is designed to be at or above par with globally benchmarked business districts. GIFT City presents us with a one-time opportunity to create a corporate haven “like Delware island” that while being under Indian control, can provide entrepreneurs and investors with the best of both worlds. Let India-based entrepreneurs incorporate in Gift City, let them accept investments in any currency from investors around the world (barring those from defined restricted jurisdictions, e.g. neighboring countries, sanctioned countries), let them hold money in USD o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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