• MLAs Nathabhai Patel, Jashubhai Patel, Punabhai Gamit, Virji Thumar tested Covid-19 positive ahead of Gujarat Assembly Monsoon session. They will not be able to attend the session.
  • Election Commission sends complaint against alleged false affidavits filed by Dhanera MLA Nathabhai Hegolabhai Patel to Central Board of Direct Taxes (CBDT) for probe in response to check alleged discrepancies in his election affidavit
  • Gujarat completes 129.27 per cent rain of normal average monsoon season
  • Inspector Pritesh J Patel's body hit by a bullet from his service revolver found from his car in Sachivalay campus in capital Gandhinagar in suspected case of suicide this morning. Inspector PJ Patel had not returned home last night. He was on duty of Sachivalay complex
  • 20 bills to be moved in Gujarat Assembly Monsoon session starting from September 21. Discussion on coronavirus pandemic situation in the state on the first day's second session for 2.5 hours
  • Unjha APMC Vice Chairman Shivam Rawal dies of Coronavirus infection He was admitted to Ahmedabad based private run Sterling hospital for last over one and half month
  • 1432 new cases of Covid-19 detected in 24 hours ending at 5 pm today in Gujarat as per the latest daily bulletin by the State health department
  • Jamnagar district SP Shweta Shrimali transferred to SRP Group 17 as Commandant; Deepan Bhadran, DCP of Ahmedabad Crime Branch replaces her as SP Jamnagar
  • Polling for election of Banas Dairy's Board of Directors to be held on 19 October
  • De-commissioned INS Viraat, a Centaur Class Aircraft Carrier, which was in service for 30 years, moves out of the Naval Dockyard for a ship-breaking yard at Alang in Gujarat .

GIFT City CEO welcomes Lok Sabha nod to IFSC bill

Gandhinagar: Lok Sabha today passed The International Financial Services Centres Authority Bill 2019 for unified regulator for IFSC.

Tapan Ray, MD & Group CEO, GIFT City (India’s only IFSC), commenting on this development said, “The International Financial Services Centres Authority Bill 2019 passed today in Loksabha is a welcome step. This will further accelerate and fast-track development of the IFSC at GIFT City – India’s operational International Financial Services Centre (IFSC).

The creation of an unified authority would help in creating a regulatory regime at par with globally established financial centres thereby providing the necessary ease of doing business.

We thank Government of India, Ministry of Finance, GoI and Government of Gujarat for their continued support to GIFT City”.

Lok Sabha nods setting up of International Fin Services Centres Authority in Gandhinagar

The Lok Sabha on Wednesday gave its nod to the International Financial Services Centres Authority Bill that seeks to ensure setting up of an independent authority at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar.

Replying to debate on the Bill wherein among others Karti Chidambaram (Congress) also took part, Finance Minister Nirmala Sitharaman took strong exception to Congress member’s observation that why the centre was being set up in Gandhinagar – which is the capital of a dry city.
“I will counter sarcasm with sarcasm…,” she remarked and also held a brief argument with Trinamool Congress members including Mohua Moitra.
“Let us take things a bit more seriously…,” Ms Sitharaman said and maintained the initial idea of setting up of the Centre was mooted when Narendra Modi was the Chief Minister of Gujarat.

She said the clearance for setting up of the centre was given by the then UP regime way back in 2011 by the Commerce Ministry.
“This only showed the then Chief Minister Modi had a futuristic vision,” she said amid thumping of desks by her party colleagues.

DeshGujarat