News for 'International Financial Hub'

Budget 2026: The Industry Wishlist...

Budget 2026: The Industry Wishlist...

Rediff.com29 Jan 2026

Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.

'Bad neighbours' can't seek water: Jaishankar's warning to Pak

'Bad neighbours' can't seek water: Jaishankar's warning to Pak

Rediff.com2 Jan 2026

External Affairs Minister S Jaishankar asserts India's right to defend against terrorism from 'bad neighbours' while highlighting India's support for friendly nations.

Why Budget 2026 Deserves 8.5/10

Why Budget 2026 Deserves 8.5/10

Rediff.com2 Feb 2026

This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.

Savings on stamp duty draw HFTs to GIFT City

Savings on stamp duty draw HFTs to GIFT City

Rediff.com12 Jun 2025

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.

Five Risks For The Indian Economy

Five Risks For The Indian Economy

Rediff.com22 Jan 2026

India has managed high government debt-to-GDP, a slowing domestic revenue engine, lower household savings and a more hostile geopolitical environment separately in the past. But together, they threaten to undo the growth narrative on which today's optimism rests, warns Debashis Basu.

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Modi to inaugurate Navi Mumbai airport, Mumbai Metro Line on Wednesday

Rediff.com7 Oct 2025

Prime Minister Narendra Modi inaugurates the Navi Mumbai International Airport and a portion of the Mumbai Metro Line, marking significant improvements to transportation infrastructure in Mumbai.

PIX: Navi Mumbai airport sees first arrivals, departures

PIX: Navi Mumbai airport sees first arrivals, departures

Rediff.com25 Dec 2025

Nearly three decades after the ambitious project was first conceived to decongest the existing airport in the financial capital, the greenfield Navi Mumbai International Airport became a reality on Thursday as an IndiGo Airbus A320 from Bengaluru landed on the tarmac at 8 am amid a traditional water cannon salute.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

Gujarat woman held for links to global cyber slavery racket

Gujarat woman held for links to global cyber slavery racket

Rediff.com26 Nov 2025

Gujarat police arrest a woman allegedly involved in trafficking job aspirants to Myanmar and Thailand for cyber slavery. The accused lured people with promises of high-paying jobs and forced them to work for international cyber crime syndicates.

Who prevented military action after 26/11, asks Modi citing Chidambaram

Who prevented military action after 26/11, asks Modi citing Chidambaram

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India's military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.

'Mumbai needs a CEO to become a global financial hub'

'Mumbai needs a CEO to become a global financial hub'

Rediff.com5 Dec 2014

There is a need to have a 'CEO for Mumbai' in order to realise the ambition of making it a global financial centre.

India's festive hiring rises 17%; gig, temp roles see 25% surge this year

India's festive hiring rises 17%; gig, temp roles see 25% surge this year

Rediff.com11 Nov 2025

Overall hiring volumes grew by 17 per cent year-on-year across key consumption-linked sectors during the August-October period, driven by heightened consumer sentiment, attractive festive promotions, and wider geographic penetration, according to a report.

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Rediff.com8 Oct 2025

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.

'Terrorism Is Always Waiting To Re-Emerge'

'Terrorism Is Always Waiting To Re-Emerge'

Rediff.com13 Nov 2025

'The elimination of terrorists does not imply the neutralisation of terrorism. That terrorist ecosystem continues to thrive in Kashmir.'

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Aviation ministry seeks FinMin help to boost aircraft leasing at GIFT City

Rediff.com23 Apr 2025

To enable Indian banks and financial institutions to develop an aircraft-leasing ecosystem at GIFT City, the Ministry of Civil Aviation has sought support from the Ministry of Finance. It has also raised concern over slow progress in developing aircraft leasing in India.

Some trying to steal...: Modi takes 'Jan Nayak' dig at Rahul

Some trying to steal...: Modi takes 'Jan Nayak' dig at Rahul

Rediff.com4 Oct 2025

Prime Minister Narendra Modi criticized the RJD's past education policies in Bihar, attributing migration to the state's poor education system under their rule. He praised the current NDA government's efforts to improve education and development, launching several initiatives focused on youth skilling and education in the state.

85% pvt participation in key ports by '30: Sonowal

85% pvt participation in key ports by '30: Sonowal

Rediff.com22 Aug 2025

The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.

Infosys opens development centre in Gift City with 1,000-employee capacity

Infosys opens development centre in Gift City with 1,000-employee capacity

Rediff.com8 Jun 2025

Infosys has opened a new development centre at Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to develop solutions for global Banking, Financial Services, and Insurance (BFSI) clients.

Setback for India? US revokes sanctions waiver for Chabahar port

Setback for India? US revokes sanctions waiver for Chabahar port

Rediff.com19 Sep 2025

India has said it will take all steps to protect its national interests and ensure comprehensive national security in all domains after Pakistan and Saudi Arabia signed a strategic defence pact.

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

IndiGo to start direct flights to London, 9 other intl destinations

IndiGo to start direct flights to London, 9 other intl destinations

Rediff.com30 May 2025

IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, in the current financial year, its CEO Pieter Elbers said on Friday. Other destinations include Amsterdam (the Netherlands), Manchester (the UK), Copenhagen (Denmark) Siem Reap (Cambodia) and four places in Central Asia.

Trump's Tariffs Bites Surat's Diamond Industry

Trump's Tariffs Bites Surat's Diamond Industry

Rediff.com25 Aug 2025

'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'

India's Lone Woman Downhill Rider Turns Trailblazer

India's Lone Woman Downhill Rider Turns Trailblazer

Rediff.com17 Aug 2025

'I wasn't just racing, I was paving the way for others.'

Indian airlines suspend flights to Middle East amid tensions

Indian airlines suspend flights to Middle East amid tensions

Rediff.com24 Jun 2025

The operations of many global carriers, including Qatar Airways, have also been impacted due to the airspace curbs in the wake of the Middle East tensions.

When Gujarati Muslims Dominated Bombay Politics

When Gujarati Muslims Dominated Bombay Politics

Rediff.com26 Aug 2025

'They wanted the city to be a great business hub. They didn't like the fact that taxes collected in Bombay would go outside the city.'

Now, You Can Study In A UK College... In India

Now, You Can Study In A UK College... In India

Rediff.com9 Jul 2025

At least six major UK universities have announced plans to set up campuses or liaison offices in India.

'Our India centre is a hub for global innovation'

'Our India centre is a hub for global innovation'

Rediff.com8 Jan 2025

'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'

The Indian Techie Who Broke The Internet

The Indian Techie Who Broke The Internet

Rediff.com4 Jul 2025

Indian engineer Soham Parekh, who was caught juggling multiple full-time Silicon Valley jobs, sparked both a viral meme storm and a fierce debate on remote work, ethics and startup hiring processes.

Tahawwur Rana moves US Supreme Court against extradition

Tahawwur Rana moves US Supreme Court against extradition

Rediff.com22 Nov 2024

In a long battle, this is Rana's last legal chance not to be extradited to India.

IPOs mark a new era for India's hospitality industry with scale, ambition

IPOs mark a new era for India's hospitality industry with scale, ambition

Rediff.com15 Jul 2025

India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.

National summit on financial services at GIFT City

National summit on financial services at GIFT City

Rediff.com19 Feb 2014

Gujarat Chief Minister Narendra Modi was the Chief Guest at the event.

'Illegal Gambling Sites Are National Security Threat'

'Illegal Gambling Sites Are National Security Threat'

Rediff.com2 Jun 2025

'Illegal gambling operators are systematically exploiting India's advertising and payment infrastructure, siphoning off crores of rupees from outside the country.'

CBI to probe financial irregularities at RG Kar hospital

CBI to probe financial irregularities at RG Kar hospital

Rediff.com24 Aug 2024

The decision followed a petition by former deputy superintendent of the medical establishment, Akhtar Ali, who sought an investigation by the Enforcement Directorate (ED) into alleged financial misconduct during the tenure of the college's former principal, Sandip Ghosh.

DPIIT to Rope In Corporates For Startup Boost

DPIIT to Rope In Corporates For Startup Boost

Rediff.com6 Mar 2025

Companies have been approached to set up incubation centres that will offer financial and non-financial support to manufacturing startups at various levels.

Flying from Mumbai airport to get costlier following user fee hike plan

Flying from Mumbai airport to get costlier following user fee hike plan

Rediff.com18 Mar 2025

Mumbai International Airport (MIAL) has proposed a significant increase in User Development Fee (UDF) for international passengers, while domestic passengers will be charged a UDF for the first time. However, MIAL also proposed a 35% reduction in landing and parking charges, aiming to balance infrastructure development with cost-effective air travel for airlines. The new tariff structure is subject to approval by the Airport Economic Regulatory Authority (AERA).

Renault to buy out Nissan's stake in Indian JV

Renault to buy out Nissan's stake in Indian JV

Rediff.com31 Mar 2025

French auto major Renault on Monday said it will buy out its Japanese partner Nissan's stake in their Indian joint venture -- Renault Nissan Automotive India Private Ltd. Renault Group would own 100 per cent of Renault Nissan Automotive India Private Ltd (RNAIPL), by acquiring the 51 per cent shareholding currently held by Nissan, the company said in a statement.

Beyond US, Canada, UK: Indian Students Now Prefer...

Beyond US, Canada, UK: Indian Students Now Prefer...

Rediff.com23 May 2025

Rediff reports on the reasons behind this dramatic shift.

Indian Grad Employability to Hit 55%

Indian Grad Employability to Hit 55%

Rediff.com11 Dec 2024

Maharashtra, Karnataka and Delhi are emerging as major hubs for employable talent.