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INDIA GIFT CITY INTEREST
Psychology says people who always give expensive gifts aren’t trying to show off, they may just be being generousThe meaning of a gift often depends less on its price than on the thought, timing, and emotional significance behind it. An expensive prese...16 Jul, 2026, 08.11 PM IST- Income tax on gifts: Received cash, property or shares? You may have to pay tax and report it in your ITR in these casesGifts from specified relatives are fully exempt from income tax. Non-relative gifts exceeding certain values become taxable under specific ...16 Jul, 2026, 03.33 PM IST
- D-St set for a positive opening as GIFT Nifty signals firm startBenchmark indices experienced volatility on Wednesday amid the ongoing Q1 earnings season. Profit booking occurred after an intraday high, ...16 Jul, 2026, 07.12 AM IST
- D-St set for a positive opening as GIFT Nifty signals firm startDomestic equities closed lower on Tuesday, with the Nifty declining 0.7 percent. Rising crude oil prices and fresh foreign investor outflow...15 Jul, 2026, 07.12 AM IST
- Citi, others dial back India rate hike calls as inflation expected to stay moderateControlled inflation prompts economists to delay interest rate hike expectations. Retail inflation rose to 4.38% in June, exceeding the RBI...14 Jul, 2026, 04.31 PM IST
- SBI raises $200 million through bond tap inState Bank of India has raised an additional $200 million. This funding comes from an existing bond issue maturing in July 2029. The bonds ...14 Jul, 2026, 01.40 PM IST
- Nirmala Sitharaman calls for greater NRI outreach to boost foreign currency inflowsFinance Minister Nirmala Sitharaman urged banks to intensify outreach to non-resident Indians. Innovative deposit products and foreign curr...14 Jul, 2026, 12.53 AM IST
- FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...13 Jul, 2026, 06.42 PM IST
- D-St set for a negative opening as GIFT Nifty signals weak startIndian equity markets are expected to sustain their gradual upmove. Supportive domestic fundamentals and improving global cues are driving ...13 Jul, 2026, 06.57 AM IST
- UP CM Yogi Adityanath flags environmental concerns, launches 35-crore sapling driveUttar Pradesh Chief Minister Yogi Adityanath launched a campaign to plant thirty-five crore saplings. He stressed the importance of caring ...12 Jul, 2026, 11.36 AM IST
- Govt eases shipping rules for GIFT City to spur maritime leasing, financeGIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing e...10 Jul, 2026, 07.10 PM IST
- As West Asia boils again, RBI likely to assess FCNR flowsThe Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and pote...10 Jul, 2026, 06.32 AM IST
- Govt allows GIFT City units to lease foreign vessels without need for DGMA permissionThe shipping ministry has granted exemptions for GIFT City entities. These entities can now lease foreign vessels without DGMA permission. ...09 Jul, 2026, 10.37 PM IST
- Punjab & Sind Bank gets approval to set up IFSC banking unit at GIFT CityThis marks a step in the bank's journey towards expanding its international banking presence and offering world-class offshore banking serv...08 Jul, 2026, 05.25 PM IST
- GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUsGIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial service...07 Jul, 2026, 02.15 PM IST
- Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...05 Jul, 2026, 06.48 AM IST
- GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time highGIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India's offshore derivative...29 Jun, 2026, 01.52 PM IST
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