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"gift-city"

  • Centre exempts GIFT city IFSC units from DGMA licence for leasing foreign vessels

    The Centre has exempted GIFT City-based International Financial Services Centre entities from obtaining DGMA licences to lease foreign vessels. The move under the Coastal Shipping Act, 2025 aims to ease vessel chartering and strengthen India's maritime and international financial services ecosystem
  • Central Bank of India to open 150 branches, recruit about 1,400 officers in FY27: MD

    The bank currently has 4,585 branches across all 28 states and six of the seven Union Territories.
  • India set to become third-largest aviation market by 2035: Minister

    Kinjarapu Ram Mohan Naidu said India is set to become the world’s third-largest aviation market by 2035 with around 2,250 aircraft. He highlighted GIFT City’s growing role in aircraft leasing and financing, aiming to reduce dependence on foreign jurisdictions
  • Google CEO Sundar Pichai reveals plans for global fintech operation centre in Gujarat

    Pichai made the announcement, saying that the company will continue to invest in India through its $10 billion digitisation fund.
  • KTR writes to Nirmala Sitharaman; pushes for International Data Embassies in Hyderabad

    The Minister said Hyderabad was one of the least active seismic zones in the country, which makes it an ideal location for setting up such data centres
  • ‘Digital payments incentive to boost fintech’

    Startups and MSMEs termed the Budget as pro-growth and pro-technology and will usher in the digital payments era of the country.

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