Blog

“Cheers to Change: Gift City Lifts Liquor Restrictions” In a groundbreaking move, Gift City, renowned as a global hub for finance and technology, has recently made a significant shift in…

The Gujarat International Finance Tec-City (GIFT City) is looking for investors in Dubai to help build an entertainment zone on the banks of the Sabarmati River in Gandhinagar. The zone…

The Gujarat International Finance Tec-City (GIFT City) has attracted 4,103 residential units as the two-year-long “sunset clause” that allowed people not working at GIFT City to own and reside in…

The Central Board of Direct Taxes (CBDT) has issued a circular clarifying that NRIs who invest in AIFs set up in GIFT City will not be liable to pay taxes…

The Abu Dhabi Investment Authority (ADIA) has made a significant investment in India’s financial sector. The investment is in the Gujarat International Finance Tec-City (GIFT City), a special economic zone…

Bank of India (BoI) has opened a new branch in Gift City, Gujarat, with the aim of generating $1 billion in business by March 2024. The branch, which is located…

Google CEO Sundar Pichai met with Indian Prime Minister Narendra Modi on Monday, June 20, 2023, to discuss the company’s plans to open a fintech center in Gujarat. The center…

The Shilp Group, an Ahmedabad-based real estate developer, has acquired the costliest development rights in GIFT City, a special economic zone (SEZ) in Gujarat, India. The company acquired 5 lakh…

Gujarat International Finance Tec-City (GIFT City) has only attracted USD 102 million in foreign direct investment (FDI) so far, according to data from the Department for Promotion of Industry and…

Five consulting firms have been selected to conduct a feasibility study for the development of a personal rapid transit (PRT) system in Gujarat International Finance Tec-City (GIFT City). The PRT…

In a groundbreaking move, JP Morgan, the largest bank in terms of market capitalization, has introduced an innovative blockchain platform known as Onyx. This platform specifically caters to USD clearing…

The University of Wollongong (UOW) has received approval to offer classes in India after a meeting between Prime Minister Narendra Modi and UOW Vice-Chancellor Professor Patricia M Davidson. UOW will…

New prospects for trading foreign equities at GIFT City have emerged as a result of the Reserve Bank of India’s (RBI) recent decision to loosen limitations on banks operating in…

In a significant development for India’s jewellery trade under the India-UAE Comprehensive Economic Partnership Agreement (CEPA), the Indian Customs Electronic Data Interchange Gateway, known as ‘Icegate’, has opened its office…

On Friday morning, Prime Minister Narendra Modi landed in the city of Ahmedabad, Gujarat, to kick off a historic tour packed into a single day. As part of the central…

Introduction: Gujarat International Finance Tec-City (GIFT City) has become an attractive hub for India’s financial industry thanks to its status as an IFSC and Global Financial Hub. Public sector banks…

The Gujarat State Road Transport Corporation (GSRTC) has taken a remarkable step towards sustainable transport with the launch of three electric buses connecting Ahmedabad and Gandhinagar to GIFT City. The…

IndusInd Bank’s International Banking Unit (IBU) branch in GIFT City, Gujarat has recently entered into a long-term loan agreement worth USD 100 million with the Japan Bank for International Cooperation…

During his visit to the GIFT City campus on Wednesday, Sanjiv Chadha, the Managing Director and CEO of Bank of Baroda (BoB) announced that the business conducted by the BoB’s…

The flying business in GIFT City has seen a critical increase in movement throughout the course of recent years. The city’s strategic location and world-class infrastructure have attracted aircraft leasing…

Numerous top ship leasing companies have made a hasty move to set up shop in the modern financial hub known as the Gujarat International Finance Tec-City (GIFT City), which is…

As part of the second phase of the metro project, GMRC (also known as Metro Authority) is already working to link the metro train to GIFT City. According to sources…

The Singapore Exchange recently announced that the NSE IFSC-SGX Connect at the International Financial Service Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City) will become operational on July 3,…

A delegation of UK Members of Parliament (MPs) from the All-Party Parliamentary Group (APPG) for trade and Investment met with Bhupendra Patel, Chief Minister of Gujarat, in Gandhinagar, to discuss…

Injeti Srinivas, head of the International Financial Services Authority (IFSCA), recently spoke about the impressive growth of the banking asset size in GIFT City during a listing event for India…

Deakin University, an Australian public institution, will be the first foreign university to establish a campus in Gujarat International Financial Tec-City (GIFT City).  The university will offer professional master’s programs…

India’s state-owned Indian Renewable Energy Development Agency (Ireda) is set to open an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. By opening the office…

India’s First Smart City: Giftcity Giftcity, located in Gujarat, India, is India’s first smart city that is already operational and offers advanced technologies and intelligent solutions to enhance the quality…

India’s plans to establish an International Finance Service Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar have received a major boost.  The GIFT-IFSC is seen as a…

Despite receiving millions of dollars in Investments, the Gujarat International Finance-Tec City (GIFT City) in Gandhinagar, India, which is home to India’s first IFSC, does not have an adequate parking…

The Bank of Baroda, a government-owned bank, offers a variety of services to satisfy the unique requirements of Indian enterprises. This announcement comes at a time when numerous Indian firms…

SVB, a renowned bank in the US, proudly announced on Twitter on March 7, 2023, that Forbes had named it “one of the best banks in America.” However, just three…

According to industry estimates, the establishment of international colleges in India would reduce the $50–$60 billion that students currently spend annually on studying overseas. Experts predict that the influx of…

Approximately two hundred million dollars of the one billion dollars in funds held by Indian entrepreneurs in Silicon Valley Bank (SVB) were transferred to GIFT City, According to the minister…