GIFT-IFSC

Growth in credit markets, foreign currency deposits, and external commercial borrowings has boosted banking assets at India's international financial hub as it competes with Singapore and Hong Kong

At the BFSI Insight Summit 2026, experts said GIFT City must expand financial products, ease investor access and resolve tax and regulatory hurdles to attract more global capital.

Investments by operational units double in a quarter to nearly $500 million as of June

US-based tech firm's promoter track record and governance face closer regulatory scrutiny

The new framework covers insider trading, fraudulent and manipulative practices, false information and artificial trading, replacing Sebi's existing market-abuse regimes in the IFSC

Cumulative funds raised by non-retail schemes rose to $22.93 billion, while the number of fund management entities increased to 235 at the end of the June quarter

IFSCA is discussing with the government a proposal to classify commodity trading as a financial product in GIFT IFSC, potentially boosting India's role in global commodity markets

Ashok Kumar Gautam, the first chief executive officer of India International Bullion Exchange IFSC Ltd., has resigned citing personal reasons

Outbound investments from GIFT IFSC remain constrained due to tax-related issues, and the International Financial Services Centres Authority (IFSCA) is working with the government on the matter, a senior official said on Wednesday. "We are already working with the government on the outbound tax. That is, of course, the request of the funds. That is something which we are working on," Pradeep Ramakrishnan, executive director at IFSCA, said during a panel discussion at an Artha Bharat Investment Managers IFSC LLP event. Ramakrishnan's remarks come amid industry demands for a more competitive tax framework to encourage outbound investment structures from GIFT City. Further, Sachin Sawrikar, managing partner at Artha Bharat Investment Managers IFSC LLP, in an interview to PTI, said outbound investments remain relatively small and continue to face multiple constraints, including taxation and the tax collected at source (TCS) framework. Sawrikar said while the IFSC regulator has made ...

More than 100 companies have approached JPMorgan to explore banking and payment solutions for treasury operations in GIFT City, reflecting rising multinational interest in India's financial hub

K Rajaraman says GIFT IFSC is poised for its next growth phase as global volatility eases, with plans to deepen bond markets and expand leasing

Gross premiums underwritten by IFSC Insurance Offices in GIFT City rose fourfold in FY26, driven by rapid expansion in reinsurance business and a doubling of insurance entities

Gross premiums underwritten by IFSC Insurance Offices in GIFT City rose fourfold in FY26, driven by rapid expansion in reinsurance business and a doubling of insurance entities

Union Finance Minister Nirmala Sitharaman said here on Friday that India offers a unique combination of scale, technology, talent and growth opportunities through GIFT City in Gujarat. She chaired a high-level review meeting on GIFT City (Gujarat International Finance Tec-City) and its evolving international financial services ecosystem. GIFT City is India's first operational smart city and International Financial Services Centre (IFSC) located in Gujarat capital Gandhinagar. In her address after the review meeting, Sitharaman said the progress achieved here so far is encouraging, and continued coordination among stakeholders will further strengthen its role in India's growth journey towards Viksit Bharat @2047. Sitharaman highlighted GIFT City's strategic importance in deepening India's integration with global financial markets and facilitating international capital flows into the country supported by globally benchmarked institutional frameworks, regulatory agility and supportive

Market regulator proposes allowing online bond platforms to offer Gift City products and tax-saving bonds, while also easing compliance norms and seeking public feedback on the changes

The International Financial Services Centres Authority (IFSCA), which regulates the hub, has approached the government to permit the use of the euro alongside the US dollar for settlements

Fund management at GIFT-IFSC accelerated in FY26 Q3, with higher commitments, rising investor participation and growing traction in newly launched retail schemes

RBI's proposal restricting access to rupee NDDCs to banks with IFSC units could deepen lender presence in GIFT City, while offshore ETP rules signal calibrated liberalisation

Experts say simpler rules, tax benefits aid GIFT City's emergence as preferred jurisdiction

Experts say simpler rules, tax benefits aid GIFT City's emergence as preferred jurisdiction