🗞️ JPMorgan: 100 Global Companies Exploring GIFT City
According to JPMorgan, nearly 100 multinational corporations (MNCs) are evaluating GIFT City as a base for treasury, finance, and global business operations. The growing interest reflects India’s emergence as a competitive international financial centre with a business-friendly regulatory framework.
As more global firms establish operations in GIFT City, India could strengthen its position in cross-border financial services while attracting high-value investments and skilled employment.
💬 Expert Take — “GIFT City is gradually evolving into India’s gateway for global finance. Increased multinational participation could deepen capital markets, boost financial services exports, and enhance India’s global competitiveness.”
🗞️ Net FDI Inflows Likely to Rise to $15 Billion in FY27
India’s net foreign direct investment (FDI) inflows are expected to reach US$15 billion in FY27, supported by improving investor sentiment, policy reforms, and sustained interest in manufacturing and services.
Higher FDI inflows are expected to support economic growth, employment generation, and technology transfer across key sectors.
💬 Expert Take — “Stable FDI inflows are a strong indicator of long-term investor confidence. They not only bring capital but also strengthen productivity through technology and global best practices.”
🗞️ GIFT City Continues to Attract Global Treasury Operations
According to IBEF, GIFT City is witnessing growing interest from multinational companies looking to establish global treasury and financial management centres.
The trend reinforces India’s ambition to become a preferred destination for international financial services and cross-border business operations.
🗞️ Government Plans Faster Farm Credit Through Digital Land Records
The government is exploring integration of land records with the Unified Lending Interface (ULI) to speed up agricultural lending.
The move could simplify loan verification, reduce paperwork, and improve access to institutional credit for farmers across the country.
🗞️ India and Estonia Deepen Trade & Technology Ties
At the India–Estonia Business Forum, Commerce Minister Piyush Goyal called for stronger cooperation in trade, technology, digital innovation, and startups.
The partnership aims to expand bilateral business opportunities while strengthening collaboration in emerging technologies.
🗞️ LPG Subsidy Bill May Cross ₹1 Lakh Crore
According to the Economic Times, India’s LPG subsidy bill could exceed ₹1 lakh crore in FY27, significantly higher than the current budget allocation.
The higher subsidy burden may require additional government support if global energy prices remain elevated.
🗞️ Government Rules Out LTCG Tax Removal
The government has clarified that there is no proposal at present to abolish long-term capital gains (LTCG) tax on equities.
The clarification puts to rest recent market speculation regarding potential tax changes for equity investors.
🗞️ Top 10 Companies Add ₹1.54 Lakh Crore in Market Value
Five of India’s top 10 most-valued companies collectively added ₹1.54 lakh crore in market capitalisation last week, with TCS emerging as the biggest contributor.
The gains reflect renewed investor confidence in large-cap Indian companies despite recent market volatility.
📊 Market Update
📉 Sensex: 77,708.52 ▼ 442.93 (-0.57%)
📉 Nifty 50: 24,238.50 ▼ 95.80 (-0.39%)
🪙 Gold (per gram)
24K: ₹14,346 ▲ ₹17
22K: ₹13,150 ▲ ₹15
18K: ₹10,759 ▲ ₹12
🥈 Silver: ₹2,35,000/kg ▲ ₹5,000