GIFT City

Indian Carriers Pivot to GIFT City for Landmark Aircraft Leasing Expansion

Business News Desk20 hours ago02 mins mins

Major Indian airlines, including IndiGo, Air India, and Akasa Air, have collectively pledged to lease more than 200 aircraft through the Gujarat International Finance Tec-City (GIFT City) by 2025. This strategic shift, announced this week, marks a significant milestone in India’s efforts to establish itself as a global hub for aviation financing and leasing, effectively…

Navigating Regulatory Convergence: The IFSCA-RBI Dialogue on GIFT City Compliance

Business News Desk7 days ago7 days ago03 mins mins

The landscape of international financial services in India is undergoing a significant evolution as the International Financial Services Centres Authority (IFSCA) engages in high-level discussions with the Reserve Bank of India (RBI). At the heart of these deliberations is the complex issue of foreign asset reporting for funds operating within the Gujarat International Finance Tec-City…

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Indian Carriers Pivot to GIFT City for Landmark Aircraft Leasing Expansion

Navigating Regulatory Convergence: The IFSCA-RBI Dialogue on GIFT City Compliance