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The Latest Breaking News from GIFT City

GIFT City investment for NRIs: Know your options, tax benefits, and how to invest in India in dollars

GIFT City offers NRIs and OCIs a dollar-denominated investment ecosystem. This financial hub provides access to global and Indian investment products. Investors can avoid rupee conversion and navigate repatriation rules easily. Various investment options like mutual funds and fixed deposits are available. Read the article to look at the investment…

The Economic Times

International funds deliver stellar returns in 1 year, but subscriptions remain shut. Experts suggest alternatives

International funds offered excellent returns over the past year, outperforming domestic options. However, fresh investments are currently restricted due to regulatory limits. Experts suggest alternatives like LRS platforms and GIFT City funds for global exposure. Diversified global ETFs tracking broad indices are recommended for new investors. Investors should maintain international…

The Economic Times

NRIs can now buy term insurance in USD from India: Policybazaar explains how new plan protects against currency risk

Non-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's partner insurers at GIFT City. Premiums and claim payouts will be processed in US dollars, addressing currency depreciation risks. This initiative allows global Indians to access internationally aligned financial products within India.

The Economic Times

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No international mutual fund open for subscription now after Baroda BNP Paribas Aqua FoF halts fresh investments. What should investors do?

Indian investors now have no options for new international mutual fund SIPs. The Baroda BNP Paribas Aqua Fund of Fund suspended new investments on July 23. This action follows SEBI's overseas investment limits for mutual funds. Investors are exploring alternatives like LRS and GIFT City for global exposure. Global ETFs…

The Economic Times

Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globally

Fresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua FoF accepting new investments after multiple fund houses halted inflows due to SEBI’s overseas investment limits. Investors are exploring LRS, GIFT City and global ETFs as alternatives.

The Economic Times

JPMorgan says 100+ MNCs are exploring GIFT City operations

GIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payment solutions for corporate treasury operations. GIFT City's tax incentives, single regulator, foreign currency capabilities and growing banking ecosystem are positioning it as India's global financial hub for multinational treasury…

The Economic Times

FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentum

Finance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on foreign currency deposits and are seeing significant interest. Public sector banks are employing customized digital strategies to engage the NRI diaspora effectively. International Banking Units at GIFT City are being utilized…

The Economic Times

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Govt eases shipping rules for GIFT City to spur maritime leasing, finance

GIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing ecosystem. The move simplifies regulations for international trade operations and foreign vessel chartering. It is expected to attract global capital and encourage maritime business activities. This reform supports…

The Economic Times

NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun Birani

NRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. Domestic institutional investment provides a structural buffer against volatility. Experts advise focusing on earnings compounding, financialization, and manufacturing themes, while carefully managing currency risks and tax regulations for optimal portfolio construction and…

The Economic Times

ETMarkets Smart Talk | AI and semiconductors remain the best global investment themes today: Niteen Dongare

As Indian investors increasingly diversify globally, AI and semiconductors remain the most compelling long-term investment themes, according to Niteen Dongare of Anand Rathi International Ventures. He recommends allocating 20-30% of portfolios to global markets through ETFs, direct stocks and GIFT City funds to enhance diversification and returns.

The Economic Times

Areion Assets Management launches $60 million AIF to tap India's special situations market

Areion Assets Management has launched a $60 million Category III AIF from GIFT City targeting India’s special situations market. The fund will invest in distressed assets, structured credit and IBC opportunities, focusing on recovery-led value creation across sectors, amid increasing institutionalisation of alternative investments in India.

The Economic Times

NFO Update: Ionic Asset announces launch of Global Asset Allocation Fund

Ionic Asset has launched the Global Asset Allocation Fund, a GIFT City-based, privately placed offering aimed at sophisticated investors, HNIs and UHNIs. The fund seeks to provide geography-agnostic multi-asset exposure through a mix of global equities, commodities and REITs, with allocations designed to capture long-term structural opportunities across markets and…

The Economic Times

US Stocks: GIFT City or traditional broker? Before you start overseas investing, know which route saves you more in taxes, costs, and hassle

Indians now have easier access to global markets through direct overseas investing or GIFT City. Direct investing offers wider choices and lower entry barriers, ideal for hands-on investors with smaller sums. GIFT City provides a structured, convenient route with higher initial investment, suitable for those seeking a managed approach to…

The Economic Times

Buying US stocks via Gift City to get easier as Zerodha, Groww, Angel One and Upstox get nod

Buying US stocks could soon become easier for Indian retail investors after Zerodha, Groww, Angel One and Upstox secured regulatory approvals from GIFT City’s IFSCA. The licences will enable the brokerages to facilitate overseas investing, tapping into growing demand for global equities under the RBI’s Liberalised Remittance Scheme.

The Economic Times

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The Economic Times

Beyond the Terminal: NRIs should factor 'Inevitable India' into their portfolios

India's economy is transforming, offering opportunities for Non-Resident Indians. Despite rupee depreciation, an undervalued currency presents potential gains. Reforms and domestic demand drive growth. GIFT City provides a simple, tax-efficient way for the diaspora to invest in India's future. This allows NRIs to participate in India's progress from anywhere.

The Economic Times

Gujarat govt to unveil New Industrial Policy 2026 on June 15

Gujarat is set to launch its Industrial Policy 2026 on June 15, aiming to accelerate growth, attract investments, and foster innovation. The policy will focus on enhancing ease of doing business and promoting advanced manufacturing. Meanwhile, Chief Minister Patel inaugurated Hexaware Technologies' new Delivery Centre in GIFT City, expected to…

The Economic Times

Dhan launches US stocks, ETFs investing via GIFT City route

The offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under the regulatory framework of the International Financial Services Centres Authority (IFSCA).

The Economic Times

US-based Tryfacta files draft papers for $100-150 million GIFT City IPO

US-based Tryfacta Inc is set to become the first US-headquartered company to list its equity shares in India through GIFT City, filing draft papers for a USD 100-150 million IPO. The offering includes a fresh issue and an offer for sale, with proceeds to fund growth and working capital.

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The Economic Times

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base

Jio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint venture, already managing $1.9 billion in assets, plans to initially focus on equity strategies. This move seeks to tap into India's growing, albeit nascent, ETF market, with…

The Economic Times

Talent fight heats up in India finance hub as two chiefs quit

GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence,…

The Economic Times

Marcellus launches global equities fund in GIFT City, targets AI, defence and luxury themes

Marcellus Investment Managers has launched a global equities fund through GIFT City, offering Indian investors access to overseas stocks. The fund targets defence, power, AI-led infrastructure and luxury themes, enabling dollar-denominated investing, diversification and exposure to long-term global growth opportunities.

The Economic Times

ET Alpha Wealth Summit: Nilesh Shah recommends 4 investment bets that should be part of your portfolio

Kotak Mahindra AMC MD Nilesh Shah has identified four investment avenues for volatile markets: Special Investment Funds, performing credit AIFs, REITs and Gift City-based global products. He believes these options can help investors generate returns beyond traditional equity market gains while improving diversification.

The Economic Times

Tokenisation could be the next big upgrade to India's market plumbing

Tokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's financial market, with high yields and advanced digital infrastructure, is poised to leverage this for global capital access via GIFT City, mirroring past successes in market expansion.

The Economic Times

Decentro secures final payment service provider licence at GIFT City

With this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an entity in GIFT City and plans to offer a full-stack cross-border payments infrastructure for global businesses.

The Economic Times

International funds top return charts, but overseas investment limits persist. Should you continue SIPs or explore alternatives?

International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due to overseas investment limits imposed by the RBI. Experts advise continuing existing SIPs but caution against new investments. Investors are exploring alternative routes like LRS and GIFT City for global…

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