Page 11 - Gift City

Aircraft leasing at GIFT city won't flourish unless banks step up: Vistara

Indian banks underwent immense pain in the past decade because of the Indian aviation sector

FSDC discusses ways to ease inter-regulatory issues at IFSC-GIFT City

Council held meeting in Mumbai on Thursday, chaired by Union Finance Minister Sitharaman

Gujarat: Japanese lender MUFG Bank commences operations from GIFT City

Japanese lender MUFG Bank on Wednesday announced the beginning of operations from Gujarat International Finance Tec-City (GIFT City) in India. Earlier in May, MUFG had received approval from the International Financial Services Centres Authority in India and the Financial Services Agency of Japan for the opening of this branch office in Gujarat. MUFG opened its first branch in 1953 in Mumbai and with the latest one at GIFT City, its total number of branches reached six. The other centres are New Delhi, Chennai, Bengaluru and Neemrana. Going forward, the bank will strive to further leverage its enhanced office footprint to provide an even more extensive and enriched suite of financial services to meet the diverse needs of its customers, MUFG said in a release. Stating that India's growth story is phenomenal, Shashank Joshi, Deputy CEO of India, expressed gratitude on being recognised by Prime Minister Narendra Modi as the first Japanese bank to open a branch in GIFT City. "We are f

TMS Ep229: 5G auction, IIBX GIFT City, markets, twin balance sheet problem

Is the telecom sector staring at disruption after 5G auction? How will the IIBX at GIFT City benefit India? Which sectors are on FPIs' radar? What is the twin balance sheet problem? All answers here

How will the IIBX at GIFT City benefit India?

On July 29, PM Modi launched India's first bullion exchange at Gujarat's GIFT City. Experts believe it will usher in transparency in the gold's price-setting mechanism. Here is more about the exchange

IIBX at GIFT City: A potential gold standard for the bullion trade

IIBX has the potential to ease the hassle involved in importing precious metals

What is NSE IFSC-SGX Connect, how it will work? Here's all you need to know

NSE IFSC-SGX Connect is a collaboration between the NSE and the Singapore Exchange (SGX) to bring global investors to India

India now in league of nations that shape global financial trends: PM Modi

Modi launches India's first international bullion exchange in Gujarat

Live news updates: SC dismisses review plea against OROP judgement

Live news updates: A bench comprising Justices D Y Chandrachud, Surya Kant, and Vikram Nath said there was no merit in the review petition

First global gold exchange in India aims to create regional bullion hub

The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, Chief Executive Officer Ashok Gautam said

PM Modi to inaugurate much-awaited NSE-SGX Gift Connect on Friday

GIFT City recently signed a letter of intent (LoI) with the University of Wollongong (UOW) for establishing a location for teaching, research and industry engagement

Explained: How will India's International Bullion Exchange (IIBX) work

India's International Bullion Exchange (IIBX) will be open for jewellers with a net worth of Rs 25 crore and above to participate

PM Modi to inaugurate regional centre of New Development Bank on July 29

The New Development Bank's regional office in GIFT City will identify projects with strong development impact

Overture from foreign varsities in response to education policy push

While foreign universities are still non-committal on setting up campuses here, more delegations of higher education experts are expected to visit India to explore possibilities accorded by the NEP

Dominance won't fade even if obligatory cession is zero: GIC Re chairman

'In the Indian market, the four big businesses are motor, health, fire, and agri'

Japanese lender MUFG Bank to set up a branch in GIFT City, sixth in India

In March 2022, Japanese lender MUFG announced the setting up of an investment fund totaling $300 million for start-ups in India

Sitharaman meets CFLI vice chair, discusses vision of developing GIFT City

Sitharaman met Mary Schapiro, vice chairman of the Climate Finance Leadership Initiative (CFLI) on Tuesday (local time) and spoke about her vision of developing GIFT City.

ICICI Bank, Gift City to pitch Gift SEZ to Indian, global businesses

GIFT SEZ is the country's first International Financial Services Centre (IFSC) which is being developed as a global financial services hub

GIFT City's aircraft leasing business struggles amid confusing rules

Despite generous tax breaks, opaque and confusing rules have companies struggling to get off the ground

For international investing, you must begin with ETFs and index funds

As for stock investing, depository receipts offer better protection while international broker route offers more choices