Federal Bank is reportedly the latest lender to explore tapping the dollar debt market through India's GIFT City, signaling growing interest in international financing hubs.

Sandeep Batra of HSBC emphasized GIFT City's role as India's international financial center, noting its diverse financial activities from multi-currency accounts to aircraft leasing.

The Wealth Company has introduced a new Gift City Fund, offering Non-Resident Indians (NRIs) a single, dollar-denominated investment route into India's mutual fund market.

Indian brokerage firms Groww, Zerodha, and Upstox have received approval to operate in GIFT City, though they are anticipated to face significant challenges ahead.

The government of Gujarat has announced a reduction in the tax rate applied to liquor served within the state's designated GIFT City, a special economic zone.

ADNIC has successfully secured approval from Indian authorities to establish a reinsurance branch in GIFT City, India.

Deakin University announced plans to launch undergraduate programs and short courses at its new campus in GIFT City, India.

Santam has received approval to establish a reinsurance office in India's GIFT City, expanding its international presence in the financial hub.

India is exploring opportunities to elevate its global presence, with discussions on turning Meghalaya's 'Lakadong' turmeric into a global brand and the GIFT City CEO expressing confidence in becoming a global financial hub. These initiatives highlight India's ambition for international recognition and economic growth.

Radhika Gupta, MD of Edelweiss, lauded the supportive ecosystem of GIFT City, announcing that Edelweiss has successfully launched two products from the financial hub.

India's GIFT City is attracting significant global investment due to its favorable regulations, growing local investor base, and tax holidays, gaining momentum as a financial hub.

SEBI's new SIFs (Special Investment Funds) are presented as a potentially better investment choice for Non-Resident Indians (NRIs) compared to US market options. This is due to benefits like GIFT City tax advantages, lower entry costs than PMS, advanced strategies, and reduced US tax complications.

IGI has received approval to establish an insurance office within India's Gujarat International Finance Tec-City (GIFT City), marking a strategic expansion into the Indian market.

India's Gujarat International Finance Tec-City (GIFT City) has issued its inaugural family fund license, marking a new development in the country's financial services sector.

Gujarat's Deputy Chief Minister announced that over 20 international restaurants are slated to open in GIFT City within the next year, indicating significant business development in the area.

The chief of a global finance body spoke to NDTV about India's growth story, highlighting the original vision for GIFT City to repatriate financial businesses.

The Wealth Company has launched a new GIFT City fund of fund specifically tailored for Non-Resident Indians (NRIs).

Standard Chartered has received regulatory approval to offer wealth management products from GIFT City in India. This expansion allows the bank to broaden its financial services offerings in the region.

The Vibrant Gujarat growth summit in Vadodara highlighted key infrastructure projects, including the bullet train initiative and the development of GIFT City, as central to the state's economic agenda.

A BRICS delegation visited GIFT City in India, gaining insights into its infrastructure and development.

GIFT City has introduced a new initiative aimed at fostering and supporting fintech startups that are led by women.

The Union Cabinet has given its approval for the extension of the Metro Rail North-South Corridor from GIFT City to Shahpur.