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IFSCA – International Trade Finance Services Platform

IFSCA: IFSCA has issued a framework for Setting up and operating International Trade Finance Services Platform (‘ITFS’). The International Financial Services Centres Authority (IFSCA) has been set up vide IFSCA Act, 2019 to develop and regulate the financial products, financial services and financial institutions in the International Financial Services Centres (IFSCs). Towards this end, IFSCA […]

RBI Retail Direct Scheme

RBI’s Retail Direct Scheme: The Reserve Bank of India (RBI) announced the ‘RBI Retail Direct’ Scheme. In February 2021 RBI proposed to allow retail investors to open gilt accounts with the central bank to invest in Government securities (G-secs) directly. Under the scheme, retail investors (individuals) will have the facility to open and maintain the […]

India’s First Cryptogamic Garden : Dehradun

India’s First Cryptogamic Garden: India’s first cryptogamic garden was inaugurated in the Chakrata town of Dehradun, Uttarakhand. The garden will be housing nearly 50 species of lichens, ferns and fungi (collectively known as Cryptogamae). Factors Responsible for Location of this Garden: This garden is at Deoban in Chakrata at a height of 9,000 ft. This […]