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GIFT City: India’s Rival to Dubai and Singapore Successfully Bids for Commonwealth 20230

01

Dec

NationAhemdabad, Commonwealth, GIFT City, Gujarat

GIFT City: India’s Rival to Dubai and Singapore Successfully Bids for Commonwealth 20230

Ahmedabad's GIFT City, after successfully bidding for the 2030 Commonwealth Games, is geared up for development. The focus is on infrastructure and residential growth. The aim is to attract more residents. The bid for the 2030 Commonwealth Games has renewed attention on GIFT City. It stands for Gujarat International Finance Tec-City, which is a central business district in Gujarat’s Gandhinagar district. Gujarat International Finance Tec-City (GIFT City) in India has rapidly emerged. It serves as the country's answer to global financial hubs like Dubai and Singapore. It is reshaping how global capital accesses India and also changes how Indian companies…

Internal strife of AAP comes to light three days after big win in Gujarat

The Aam Aadmi Party (AAP) is facing serious internal strife in Gujarat. After bagging the Visavadar by-elections, joyous celebrations were seen among party members. But they did not last long. On the third day of the victory, the party had to suspend one of its MLAs. MLA Umesh Makwana is from the Botad seat. The Visavadar win After the resignation of BJP veteran Bhupendrasinh Chudasama, the seat of Visavadar fell vacant. The AAP candidate, Gopal Italia, won in a close contest. This win asserted AAp’s growing influence in Gujarat and enthused party workers. But this enthusiasm was dampened soon after.…

Madhapur: Asia’s Richest Village with ₹7,000 Crore in Deposits Thrives on NRI Wealth

Madhapur: Gujarat’s Wealthiest Village Thrives on NRI Investments Madhapur is a small village near Bhuj in Gujarat. It has earned the distinction of being Asia’s richest village. The village boasts deposits exceeding ₹7,000 crore. The village has a population of just 32,000. It stands as a financial powerhouse. This is driven largely by its non-resident Indian (NRI) community. The community makes up 65% of its residents. These NRIs are primarily based in Africa, the US, UK, Canada, Australia, and New Zealand. They have continuously invested in their hometown. This effort transformed Madhapur into a model of rural development. The influx…