February 2, 2026
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GIFT City’s tailwind for ship leasing

December 18, 2025 Maritime, Shipping, Trade, Trending News
GANDHINAGAR : In just two years since ship leasing took off at GIFT City in Gujarat, the numbers are already turning heads. As of October, 27 registered ship-leasing entities are operating from the International

GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub

October 15, 2025 Trade, Economy, Finance, Global Trade, Trending News
GANDHINAGAR : Gujarat International Finance Tec-City (GIFT City), India’s maiden International Financial Services Centre (IFSC) and a project of national importance, has further strengthened its position on the global stage, climbing three places to

GIFT City Secures ISO 14001 Certification for Environmental Management

March 20, 2025 Trade, Business, Economy, Finance, Trending News
GANDHINAGAR : Gujarat International Finance Tec-City (GIFT City), India’s first operational smart city and maiden International Financial Services Centre (IFSC), has been awarded the ISO 14001:2015 certification for its Environmental Management System (EMS). The

GIFT City gets a booster dose as Budget doles out tax benefits for ship leasing companies

February 7, 2025 Trade, Business, Shipping, Shipping Line, Trending News
GANDHINAGAR : GIFT City, which is India’s only International Financial Services Centre (IFSC), has got a shot in the arm in the Union Budget as the government has introduced tax benefits for ship leasing

IFSCA to ease regulations, cut costs for funds operating in GIFT City : Chairman Rajaraman

December 3, 2024 Trade, Economy, Finance, Global Trade, Trending News
GANDHINAGAR : GIFT City regulator IFSCA will introduce regulatory changes by the end of this month to help funds operating in the international financial services centre (IFSC) lower their operational costs while serving the

SCI set to open subsidiary in IFSC, GIFT City

June 15, 2024 Shipping, Economy, Finance, Shipping Line, Trade, Trending News
MUMBAI : Shipping Corporation of India (SCI) is set to open a wholly-owned subsidiary in IFSC, Gift City, in Gandhinagar, Gujarat. It has received a nod from Niti Aayog and the Ministry of Ports,

Govt of India plans new shipping firms to expand fleet

June 6, 2024 Shipping, Global Trade, Infrastructure, Trade, Trending News
NEW DELHI : The Government of India plans to set up a new shipping company to expand its fleet by at least 1,000 ships in the next decade, to gain revenue from trade. The

SEZ units exempt from IGST on certain services from DTA players : AAR ruling

April 24, 2024 Trending News, Business, COMMERCE, EXPORT, Policy, Trade
NEW DELHI : Units operating within Special Economic Zones (SEZs) could potentially be exempt from paying the integrated goods and services tax (IGST) on specified services taken from the domestic tariff area (DTA) through

GMS Inc is looking ship leasing unit from IFSC : CEO Dr Anil Sharma

November 2, 2023 International Shipping, Company, Trending News
GANDHINAGAR : Dubai-based Global Marketing Systems Inc (GMS), the world’s largest buyer of ships and offshore assets for recycling, is “looking” at opening a ship leasing unit from the International Financial Services Centre (IFSC)

Foreign Companies can open bank account without PAN in GIFT City

October 13, 2023 Trade, Business, COMMERCE, Economy, Global Trade, Trending News
GANDHINAGAR : The non-resident or the foreign company opening a bank account at the International Financial Services Centres (IFSC) will have to file a declaration in Form 60 and should not have any tax
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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