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GIFT CITY
Lighthouse-backed Ferns N Petals eyes India IPO by 2028, targets 25% annual revenue growthFerns N Petals aims for an initial public offering by late 2028. The company plans to fund expansion and acquire other gifting brands. Annu...29 Jul, 2026, 07.29 AM IST- In 2024, the Baltic Sea gave up a ship filled with royal gifts that never reached a Russian TsarA Baltic Sea shipwreck discovered in 2024 may have carried gifts for Czar Alexander II. The vessel sank around 1856 or 1857 after the Crime...29 Jul, 2026, 01.14 AM IST
- Standard Chartered sees exit of several top wealth executives in IndiaStandard Chartered India is witnessing a series of senior leadership exits as it reshapes its wealth business and moves away from mass-mark...28 Jul, 2026, 01.46 PM IST
- HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...28 Jul, 2026, 11.24 AM IST
- NRIs can now buy term insurance in USD from India: Policybazaar explains how new plan protects against currency riskNon-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's...27 Jul, 2026, 05.56 PM IST
- Canara Bank Q1 Results: Net profit rises 2% YoY to Rs 4,856 crore; NII jumps 13%Canara Bank Q1 Results: State-owned Canara Bank reported a 2% YoY rise in Q1 FY27 net profit to Rs 4,856 crore, while net interest income (...27 Jul, 2026, 12.39 PM IST
- 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 investm...27 Jul, 2026, 12.17 PM IST
- More banks may join overseas bond run after ICICI Bank’s bumper dollar bond saleICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed the bank to ...25 Jul, 2026, 09.29 AM IST
- More banks may join overseas bond runICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing costs, is expe...25 Jul, 2026, 01.03 AM IST
- Punjab & Sind Bank hopes to surpass Rs 1,000 crore recovery target in FY27Punjab & Sind Bank anticipates exceeding its recovery target for the current fiscal year. The bank is actively reducing non-performing asse...23 Jul, 2026, 04.00 PM IST
- ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...21 Jul, 2026, 07.51 PM IST
- FCNR scheme: Withholding tax fear haunts US, Singapore NRIsNon-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...21 Jul, 2026, 12.40 AM IST
- NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...20 Jul, 2026, 11.22 AM IST
- Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globallyFresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua FoF accepting new investments afte...17 Jul, 2026, 05.16 PM IST
- JPMorgan says 100+ MNCs are exploring GIFT City operationsGIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payme...17 Jul, 2026, 09.15 AM IST
- Foreign or local? Investors at loss over GIFT fundsInvestors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...17 Jul, 2026, 07.41 AM IST
- HSBC Offers 19x FCNR(B) Leverage in GIFT CityHSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...17 Jul, 2026, 05.56 AM IST
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