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Saturday, September 6, 2025
TopicGIFT City

Topic: GIFT City

What is ‘GIFT Nifty’ — the new avatar of the India-Singapore joint stock exchange, now in Gujarat

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.

‘Fintech honcho, CMO official, Amit Shah’s nephew’ — how models, MLA were ‘duped by Gujarat conman’

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.

Planned as the next Singapore in 2012, Gujarat’s Gift city still remains a work in progress

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.

Indian residents can now invest in GIFT City under LRS, but RBI isn’t thrilled about it

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.

With Hong Kong in trouble, Gujarat’s GIFT City hopes to emerge as Asia’s new forex hub

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.

Singapore, India exchanges are said to abandon trade link talks

The move to launch new products in Singapore led to the NSE lawsuit, which seeks to derail the scheduled June 4 start.

Breathe easy, NSE. Your index isn’t Star Wars

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.

On Camera

Kolkata’s silencing of Javed Akhtar exposes India’s secular vacuum

Even those parties that wear the label of secular and progressive often bow to the pressures of fundamentalist groups within the Muslim community.

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Dassault Aviation takes majority control of joint venture with Anil Ambani’s Reliance

Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.