Gift City

Rating upgrade to A will put GIC Re in a more stable position: GIC Re CMD

GIC Re chief Hitesh Joshi outlines plans to strengthen underwriting, diversify globally, expand specialty reinsurance and capitalise on emerging risk opportunities

M&A funding norms to intensify competition for private credit: Moody's

Moody's says RBI's acquisition financing norms could intensify competition from banks, putting pressure on private credit deal volumes and yields

IFSCA proposes unique KYC ID for seamless use of GIFT City entities

Draft framework aims to eliminate repetitive KYC by introducing a unique client ID and mandatory KRA integration for regulated entities in GIFT City

GIFT City to offer fintechs runway that home turf doesn't to drive growth

Indian fintech firms are expanding into cross-border payments via GIFT City, leveraging IFSCA's PSP licence to tap trade finance, treasury and capital market opportunities

HDFC Bank raises $750 mn via 5-year bond issue from GIFT City unit

India's largest private-sector lender tapped offshore markets through its GIFT City IFSC unit, issuing senior unsecured bonds carrying a 5.067 per cent coupon

We expect solid growth once global tumult settles, says IFSCA chief

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

GIFT City opens int'l investing route for Zerodha, Angel One, Upstox

The international investing services are likely to launch in the next two to three months after brokers complete technology integration, testing and regulatory approvals

Dhan launches US stocks, ETFs investing for Indians via GIFT City route

Trading and investing platform Dhan on Friday launched investment access to US-listed stocks and exchange-traded funds (ETFs) for Indian investors through the GIFT City framework. The offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under the regulatory framework of the International Financial Services Centres Authority (IFSCA). In a statement, the company said Indian investors can now invest in stocks listed on the Nasdaq and NYSE through the Dhan app under a structure aligned with RBI and FEMA requirements. Dhan has partnered with ViewTrade for brokerage services and GlomoPay for payment technology services to facilitate investments in US securities. The platform will not charge account maintenance or custody fees, while brokerage has been fixed at 0.25 per cent of the transaction value. Investors will also have access to features, such as systematic investment plans (SIPs) in US stocks and ETFs, su

Samco launches global investing; Prime Litmus fund, ADIA stake sale

Samco Securities enters global investing with a GIFT City licence, offering Indian investors access to US stocks and ETFs through its trading platform

GIFT City's insurance premiums quadruple to $648.7 million in FY26

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

India offers talent, growth opportunities via GIFT city: FM Sitharaman

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

British hedge fund Qube Research & Tech first to set up shop in GIFT SEZ

High-frequency trading firm to get tax sops on derivative trades

Poor returns drive Indian investors to foreign markets as rupee weakens

Indian investors are increasingly turning to overseas markets for diversification, stronger returns and exposure to global technology themes

Akasa Air sets up entity for aircraft financing, leasing in GIFT City

Akasa Air has set up an entity at the GIFT City in Gujarat to strengthen its aircraft financing and leasing activities. The nearly four-year-old carrier has established Akasa Air Leasing IFSC Private Limited (AALI) at Gujarat International Finance Tec-City (GIFT City), Gandhinagar. In a release on Friday, the airline said AALI office would play a pivotal role in advancing its aircraft financing strategy, enabling greater flexibility, cost efficiency, and enhanced access to global capital markets. "AALI is expected to finance a majority of the airline's aircraft over time while strengthening onshore leasing capabilities," the release said. Currently, Akasa Air has a fleet of 38 Boeing 737 MAX airplanes. It has placed an order for 226 such aircraft. Air India and IndiGo also have their aircraft leasing entities in the GIFT City.

Sebi may allow OBPPs to offer Gift City products, tax-saving bonds

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

IFSCA clears first foreign family investment fund registration in Gift City

Poornam Asset Management IFSC becomes first foreign family office to secure FIF registration under 2025 rules, marking a key step in Gift City's evolution as a global financial hub

GIFT City's insurance premium ecosystem hit $1.2 billion in 2025

GIFT City's insurance and reinsurance ecosystem grows over 11-fold to $1.2 billion by 2025, driven by global entrants, rising underwriting capacity and expanding IFSC market

IFSC listing push faces reality check after GIFT City IPO withdrawal

IPO withdrawal at GIFT City highlights regulatory hurdles and limited investor access, raising concerns over IFSC's listing readiness

GIFT City's first IPO withdrawn as weak demand hits subscription

XED says it will tap the market at an appropriate time in the future

Australia's Wollongong University eyes AI expansion at GIFT City campus

The university plans to expand programmes in AI, cybersecurity and digital domains at its GIFT City campus, aligning with industry demand and India's evolving education reforms