The cross-border initiative connecting India & Singapore’s capital markets will now be traded from GIFT city in Gandhinagar, the country's 1st international financial services centre.
Viraj Ashwin Patel allegedly dropped names & promised jobs to models, even proposing marriage to one. He is now in judicial custody and faces rape charge. Crime branch to probe.
Conceptualised in 2009 & foundation stone laid in 2012, Gujarat International Finance Tec (Gift) city remains a patchwork of state-of-the-art facilities & under-construction centres.
The IFSC regulator has approved banking regulations for IBUs. It has allowed resident Indians, with a net worth of not less than $1 million, to invest in IBUs.
PM Modi wants to pitch GIFT City in his home state Gujarat as a new Asian destination for global fund flows, rivalling the likes of Singapore & Hong Kong.
Even if the National Stock Exchange succeeds in getting an injunction against Singapore Exchange, SGX won’t be the only loser. Global money managers will also be affected.
Operation Sindhoor came as a blessing for Asim Munir. He could claim to have “won a war” and get promoted to a field marshal’s post. But the narrative hasn’t held.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
The committee also underlined India’s need for more ‘strategic coherence’, highlighting ambiguities in SAGAR and MAHASAGAR frameworks announced b PM Modi in the last decade.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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