GIFT City – An Investing Oasis? News
Mint Explainer: Why startups aren’t chuffed about listing on Gift City exchanges
Turns out that when startups implored the government to allow for direct listing on foreign exchanges, they had something else in mind
4 min read30 Jan 2024Gift City may witness a jobs boom. Hint: GCCs.
MNCs nudged to set up GCCs in Gift City
4 min read25 Jan 2024GIFT City’s lenders are now banking on FDs to lure NRIs
These banks are offering better returns on fixed deposits with tenors more than just 7 days
6 min read23 Jan 2024Budget 2024: Startups get tax exemption, manufacturers left out
Tax exemption scheme for startups, sovereign funds, GIFT City units extended by a year
2 min read1 Feb 2024Moving to Gift City? Check office space first
Companies are staring at wait times of several months to a few years before new office space opens up for leasing.
4 min read9 Jan 2024Gift City may have a surprise in store for mutual funds
A 16-member expert panel appointed by the International Financial Services Centres Authority (IFSCA) last week recommended a special carve-out for mutual funds wanting to invest in Gift City.
3 min read9 Jan 2024Indian companies can now list directly on GIFT City’s international exchanges
Startups and companies in emerging sectors will be able to tap global markets to raise capital through the financial hub’s exchanges
2 min read24 Jan 2024Gift City sops tempt banks to shift foreign ops back home
The global financial centre offers cost-effective services amid banks closing foreign branches
2 min read22 May 2023ADIA to enter GIFT City, more sovereign funds could follow
ADIA’s investments in India have surged in recent times, solidifying its position as a key pillar in the bilateral ties between the UAE and India
2 min read19 Jul 2023Indian family offices weigh Gift City to invest overseas
Some of India’s leading family offices are exploring the option of setting up shop at the International Financial Services Centre (IFSC) or Gift City as the Reserve Bank of India (RBI) tightens scrutiny of overseas direct investments (ODI)
2 min read19 May 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared