BrahMos System Boosts India’s Defense Exports in Southeast Asia
India’s BrahMos coastal defense system is becoming a key part of the country’s rise as a defense exporter, as several Asian nations look for stronger maritime protection. India’s defense exports reached a record Rs 38,424 crore in fiscal year 2025-26, according to the figures provided in the article. That was Rs 14,802 crore higher than the previous fiscal year, a rise of 62.66 percent. BrahMos Coastal Defense System Draws Southeast Asian Interest
BrahMos System Boosts India’s Defense Exports in Southeast Asia
India’s BrahMos coastal defense system is becoming a key part of the country’s rise as a defense exporter, as several Asian nations look for stronger maritime protection. India’s defense exports reached a record Rs 38,424 crore in fiscal year 2025-26, according to the figures provided in the article. That was Rs 14,802 crore higher than the previous fiscal year, a rise of 62.66 percent. BrahMos Coastal Defense System Draws Southeast Asian Interest
Trump rejects claims Netanyahu misled him on Iran policy
In a recent June 2026 podcast, former President Donald Trump addressed rumors suggesting Israeli Prime Minister Benjamin Netanyahu tricked him regarding Iran. Trump emphasized that discussions with Netanyahu, whom he calls "Bibi," focused on Israel’s operations in Lebanon and were not intended to provoke conflict. “I told Bibi, we have to be careful,” he stated, highlighting a cooperative approach rather than tension. He described their relationship as rooted in mutual respect and strat
Trump rejects claims Netanyahu misled him on Iran policy
In a recent June 2026 podcast, former President Donald Trump addressed rumors suggesting Israeli Prime Minister Benjamin Netanyahu tricked him regarding Iran. Trump emphasized that discussions with Netanyahu, whom he calls "Bibi," focused on Israel’s operations in Lebanon and were not intended to provoke conflict. “I told Bibi, we have to be careful,” he stated, highlighting a cooperative approach rather than tension. He described their relationship as rooted in mutual respect and strat
DK Shivakumar Oath Ceremony Live: Karnataka Cabinet Sworn In
Karnataka witnessed a historic political event on June 3, 2026, as senior Congress leader DK Shivakumar took oath as the state’s Chief Minister at Lok Bhavan, Bengaluru. The ceremony, which began at 4:00 PM IST, marked the culmination of a carefully planned leadership transition within the party. Former Deputy Chief Minister and a key strategist for the Congress in southern India, Shivakumar’s appointment as the 25th Chief Minister signifies the party’s focus on stability, governance, a
DK Shivakumar Oath Ceremony Live: Karnataka Cabinet Sworn In
Karnataka witnessed a historic political event on June 3, 2026, as senior Congress leader DK Shivakumar took oath as the state’s Chief Minister at Lok Bhavan, Bengaluru. The ceremony, which began at 4:00 PM IST, marked the culmination of a carefully planned leadership transition within the party. Former Deputy Chief Minister and a key strategist for the Congress in southern India, Shivakumar’s appointment as the 25th Chief Minister signifies the party’s focus on stability, governance, a
Royal Navy Helicopter Crashes Near Okehampton in Devon: Emergency Teams Respond
Early Wednesday morning, a Royal Navy helicopter crashed near Sourton Down, close to Okehampton in Devon. Authorities quickly dispatched emergency teams, including police and rescue units, to secure the area and assist personnel involved. The Ministry of Defence confirmed that an investigation is now underway to determine the cause of the incident. Immediate Emergency Response Local police and f
Royal Navy Helicopter Crashes Near Okehampton in Devon: Emergency Teams Respond
Early Wednesday morning, a Royal Navy helicopter crashed near Sourton Down, close to Okehampton in Devon. Authorities quickly dispatched emergency teams, including police and rescue units, to secure the area and assist personnel involved. The Ministry of Defence confirmed that an investigation is now underway to determine the cause of the incident. Immediate Emergency Response Local police and f
Iran Warns US of Missile & Drone Retaliation After Kuwait Airport Attack
Iran has issued a stern warning that any renewed U.S. military action will trigger a swift response using missiles and drones. Senior military adviser Mohsen Rezaei, speaking amid rising Gulf tensions, emphasized that Iran is prepared to defend itself against what it considers aggressive overreach. The statement underlines the fragile state of regional diplomacy and the challenges facing efforts to secure a ceasefire.
Iran Warns US of Missile & Drone Retaliation After Kuwait Airport Attack
Iran has issued a stern warning that any renewed U.S. military action will trigger a swift response using missiles and drones. Senior military adviser Mohsen Rezaei, speaking amid rising Gulf tensions, emphasized that Iran is prepared to defend itself against what it considers aggressive overreach. The statement underlines the fragile state of regional diplomacy and the challenges facing efforts to secure a ceasefire.
Allahabad HC Rejects PIL on Cockroach Janta Party’s Alleged Activities
Allahabad High Court Dismisses PIL Against Cockroach Janta Party The Lucknow bench of the Allahabad High Court on Tuesday dismissed a Public Interest Litigation seeking an investigation into alleged anti-national activities of the Cockroach Janta Party and its use of social media to influence and incite the youth. The petitioner, S Vignesh Shishir, requested to withdraw the plea after the court raised questions about its territorial jurisdiction. A vacation bench, c
Allahabad HC Rejects PIL on Cockroach Janta Party’s Alleged Activities
Allahabad High Court Dismisses PIL Against Cockroach Janta Party The Lucknow bench of the Allahabad High Court on Tuesday dismissed a Public Interest Litigation seeking an investigation into alleged anti-national activities of the Cockroach Janta Party and its use of social media to influence and incite the youth. The petitioner, S Vignesh Shishir, requested to withdraw the plea after the court raised questions about its territorial jurisdiction. A vacation bench, c
Pawan Kalyan’s Key First Task to Strengthen Janasena in Telangana
Pawan Kalyan Faces Challenge in Telangana Politics Janasena President Pawan Kalyan has recently expressed concern over the political turbulence in Telangana, highlighting the need to consolidate his party’s position in the state. At a press conference at his residence, he announced that the Janasena Party will contest elections in Telangana, and he himself is prepared to tour and directly address local injustices where necessary. The announcement comes amid specul
Pawan Kalyan’s Key First Task to Strengthen Janasena in Telangana
Pawan Kalyan Faces Challenge in Telangana Politics Janasena President Pawan Kalyan has recently expressed concern over the political turbulence in Telangana, highlighting the need to consolidate his party’s position in the state. At a press conference at his residence, he announced that the Janasena Party will contest elections in Telangana, and he himself is prepared to tour and directly address local injustices where necessary. The announcement comes amid specul
Mamata Banerjee Dissolves TMC Committees Amid Widening Rebellion in Bengal
West Bengal Chief Minister Mamata Banerjee has taken the drastic step of dissolving all Trinamool Congress (TMC) committees and frontal organisations in the state with immediate effect as internal strife within the party reaches a critical juncture. The decision comes amid a rapidly widening rebellion among party legislators that has raised questions about unity, leadership authority, and political stability within one of India’s most powerful regional parties. On Wednesday, several members of a self‑described rebel faction within the TMC publicly claimed they have the backing of a majority of the party’s 80 Members of the Legislative Assembly (MLAs), signalling a serious challenge to Mamata Banerjee’s leadership. The rebels objected to the appointment of Sobhandeb Chattopadhyay as the Leader of Opposition in the West Bengal Assembly, alleging that the process lacked legitimacy and was backed by questionable signatures. TMC leaders have described the move as an unprecedented internal crisis, with multiple party MLAs skipping key organisational meetings and senior members distancing themselves from official party activities. This internal rebellion has sparked intense speculation across political corridors in Kolkata and beyond, with opposition parties and political analysts closely following developments that could reshape West Bengal’s political landscape. The situation escalated further after the All India Trinamool Congress (AITC) expelled two of its own MLAs, Sandipan Saha and Ritabrata Banerjee, from the party for alleged anti‑party activities. The expulsions were seen as a pre‑emptive measure by the party leadership to curb defection and dissent, but instead appear to have deepened internal rifts and emboldened rebel leaders. Several rebel MLAs, speaking to reporters, claimed to have a significant number of signatures supporting their stance. TMC MLA Mustafizur Rahman mentioned hearing reports of at least 59 signatures, though he stopped short of providing concrete confirmation. Another MLA, Priya Paul, avoided detailing her position until after party meetings concluded, reflecting the uncertainty and fluidity within party ranks. Probe, Politics and Public Statements The political escalation has drawn sharp reactions from leaders outside the TMC, notably West Bengal BJP leader Suvendu Adhikari. Addressing the media, Adhikari attacked the TMC leadership over allegations of forged signatures and internal miscommunication, asserting that legal and investigative processes will take their course under the Bharatiya Nyaya Sanhita (BNS). He warned that individuals involved in forgery or malpractice would not be spared, indicating a readiness to pursue the matter through formal channels. Adhikari outlined the sequence of events leading to the controversy, starting with a letter dated May 9 from the AITC National General Secretary to the Assembly Speaker proposing Sobhandeb Chattopadhyay as Leader of the Opposition, Nayana Bandyopadhyay and Ashima Patra as deputy leaders, and Firhad Hakim as chief whip. This was followed by another letter on May 20 claiming to bear 70 signatures of party legislators. However, two TMC MLAs, Rithabrata Bandhopadhyay and Sandipan Saha, lodged a formal complaint alleging that the resolution to adopt this leadership structure was never put to a vote by the legislative party. In response, the Assembly Speaker referred the matter to law enforcement, leading to the filing of an FIR at Hare Street Police Station. The case was later transferred to the Criminal Investigation Department (CID), which has since begun collecting signature samples from MLAs whose names appeared on the contested document. Adhikari stated that three TMC MLAs — Baharul Islam, Arup Roy, and Subhashish Das — reportedly told CID officials that they did not sign the document attributed to them. These developments underscore the complexity of the dispute and the legal scrutiny now surrounding internal party procedures. Amid the political conflict and legal entanglements, Adhikari also addressed governance issues, highlighting the BJP‑led state administration’s efforts on welfare measures such as a new free bus service for women and reforms to the Annapurna Yojna application process. He urged calm and restraint among political workers, stressing that investigations should proceed through lawful channels and cautioning against taking matters into their own hands. The ongoing developments within the TMC reflect broader tensions in West Bengal politics, where party loyalty, political power struggles, and legal controversies are intersecting in ways that could have significant implications for governance and legislative dynamics. As the situation continues to unfold, the focus remains on whether the rebel faction can sustain its claims of majority support and what this means for Mamata Banerjee’s leadership and the future of the TMC.
Mamata Banerjee Dissolves TMC Committees Amid Widening Rebellion in Bengal
West Bengal Chief Minister Mamata Banerjee has taken the drastic step of dissolving all Trinamool Congress (TMC) committees and frontal organisations in the state with immediate effect as internal strife within the party reaches a critical juncture. The decision comes amid a rapidly widening rebellion among party legislators that has raised questions about unity, leadership authority, and political stability within one of India’s most powerful regional parties. On Wednesday, several members of a self‑described rebel faction within the TMC publicly claimed they have the backing of a majority of the party’s 80 Members of the Legislative Assembly (MLAs), signalling a serious challenge to Mamata Banerjee’s leadership. The rebels objected to the appointment of Sobhandeb Chattopadhyay as the Leader of Opposition in the West Bengal Assembly, alleging that the process lacked legitimacy and was backed by questionable signatures. TMC leaders have described the move as an unprecedented internal crisis, with multiple party MLAs skipping key organisational meetings and senior members distancing themselves from official party activities. This internal rebellion has sparked intense speculation across political corridors in Kolkata and beyond, with opposition parties and political analysts closely following developments that could reshape West Bengal’s political landscape. The situation escalated further after the All India Trinamool Congress (AITC) expelled two of its own MLAs, Sandipan Saha and Ritabrata Banerjee, from the party for alleged anti‑party activities. The expulsions were seen as a pre‑emptive measure by the party leadership to curb defection and dissent, but instead appear to have deepened internal rifts and emboldened rebel leaders. Several rebel MLAs, speaking to reporters, claimed to have a significant number of signatures supporting their stance. TMC MLA Mustafizur Rahman mentioned hearing reports of at least 59 signatures, though he stopped short of providing concrete confirmation. Another MLA, Priya Paul, avoided detailing her position until after party meetings concluded, reflecting the uncertainty and fluidity within party ranks. Probe, Politics and Public Statements The political escalation has drawn sharp reactions from leaders outside the TMC, notably West Bengal BJP leader Suvendu Adhikari. Addressing the media, Adhikari attacked the TMC leadership over allegations of forged signatures and internal miscommunication, asserting that legal and investigative processes will take their course under the Bharatiya Nyaya Sanhita (BNS). He warned that individuals involved in forgery or malpractice would not be spared, indicating a readiness to pursue the matter through formal channels. Adhikari outlined the sequence of events leading to the controversy, starting with a letter dated May 9 from the AITC National General Secretary to the Assembly Speaker proposing Sobhandeb Chattopadhyay as Leader of the Opposition, Nayana Bandyopadhyay and Ashima Patra as deputy leaders, and Firhad Hakim as chief whip. This was followed by another letter on May 20 claiming to bear 70 signatures of party legislators. However, two TMC MLAs, Rithabrata Bandhopadhyay and Sandipan Saha, lodged a formal complaint alleging that the resolution to adopt this leadership structure was never put to a vote by the legislative party. In response, the Assembly Speaker referred the matter to law enforcement, leading to the filing of an FIR at Hare Street Police Station. The case was later transferred to the Criminal Investigation Department (CID), which has since begun collecting signature samples from MLAs whose names appeared on the contested document. Adhikari stated that three TMC MLAs — Baharul Islam, Arup Roy, and Subhashish Das — reportedly told CID officials that they did not sign the document attributed to them. These developments underscore the complexity of the dispute and the legal scrutiny now surrounding internal party procedures. Amid the political conflict and legal entanglements, Adhikari also addressed governance issues, highlighting the BJP‑led state administration’s efforts on welfare measures such as a new free bus service for women and reforms to the Annapurna Yojna application process. He urged calm and restraint among political workers, stressing that investigations should proceed through lawful channels and cautioning against taking matters into their own hands. The ongoing developments within the TMC reflect broader tensions in West Bengal politics, where party loyalty, political power struggles, and legal controversies are intersecting in ways that could have significant implications for governance and legislative dynamics. As the situation continues to unfold, the focus remains on whether the rebel faction can sustain its claims of majority support and what this means for Mamata Banerjee’s leadership and the future of the TMC.
BRICS DRR Summit in Puri Strengthens Global Disaster Resilience Cooperation
BRICS DRR Meet 2026: Strengthening Global Disaster Resilience The second technical meeting of the BRICS Disaster Risk Reduction (DRR) Working Group commenced on Wednesday in Puri, Odisha, bringing together high-level delegates from 11 nations under India’s 2026 BRICS Presidency. Representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia, Iran, and Indonesia are participating in the three-day deliberatio
BRICS DRR Summit in Puri Strengthens Global Disaster Resilience Cooperation
BRICS DRR Meet 2026: Strengthening Global Disaster Resilience The second technical meeting of the BRICS Disaster Risk Reduction (DRR) Working Group commenced on Wednesday in Puri, Odisha, bringing together high-level delegates from 11 nations under India’s 2026 BRICS Presidency. Representatives from Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia, Iran, and Indonesia are participating in the three-day deliberatio
PM Narendra Modi Announces Rs.2 Lakh Relief for Families of Delhi Fire Victims
PM Modi Announces Relief for Malviya Nagar Fire Victims On June 3, 2026, Prime Minister Narendra Modi announced an ex-gratia of Rs.2 lakh from the Prime Minister's National Relief Fund (PMNRF) for the next of kin of each person who lost their life in the tragic fire incident in Malviya Nagar, South Delhi. The announcement came in response to the devastating fire that claimed 20 lives and left several othe
PM Narendra Modi Announces Rs.2 Lakh Relief for Families of Delhi Fire Victims
PM Modi Announces Relief for Malviya Nagar Fire Victims On June 3, 2026, Prime Minister Narendra Modi announced an ex-gratia of Rs.2 lakh from the Prime Minister's National Relief Fund (PMNRF) for the next of kin of each person who lost their life in the tragic fire incident in Malviya Nagar, South Delhi. The announcement came in response to the devastating fire that claimed 20 lives and left several othe
Deadly Delhi Restaurant Fire Leaves 20 Dead, Several Hospitalized
Fire Ravages South Delhi Restaurant: 20 Killed On the morning of June 3, 2026, a devastating fire engulfed a restaurant in Malviya Nagar, South Delhi, claiming the lives of 20 people and leaving multiple others injured. The blaze reportedly started around 8 AM due to a short circuit, according to local authorities and eyewitnesses. The fire quickly spread to the kitchen and upper floors of the adjoining ho
Deadly Delhi Restaurant Fire Leaves 20 Dead, Several Hospitalized
Fire Ravages South Delhi Restaurant: 20 Killed On the morning of June 3, 2026, a devastating fire engulfed a restaurant in Malviya Nagar, South Delhi, claiming the lives of 20 people and leaving multiple others injured. The blaze reportedly started around 8 AM due to a short circuit, according to local authorities and eyewitnesses. The fire quickly spread to the kitchen and upper floors of the adjoining ho
N. Ravi Calls For Stronger Media Freedom Environment In India
N. Ravi’s Media Freedom Call Puts Spotlight On Free Press Veteran journalist N. Ravi has said that this is the time to create an ideal environment for media freedom, bringing renewed attention to the importance of independent journalism in India. His statement has become significant at a time when public trust, editorial freedom and responsible reporting are central to the national media debate.
N. Ravi Calls For Stronger Media Freedom Environment In India
N. Ravi’s Media Freedom Call Puts Spotlight On Free Press Veteran journalist N. Ravi has said that this is the time to create an ideal environment for media freedom, bringing renewed attention to the importance of independent journalism in India. His statement has become significant at a time when public trust, editorial freedom and responsible reporting are central to the national media debate.
Rahul Singh IAS Shunted From CBSE Amid Controversial NEP Reforms
Rahul Singh, a 1996-batch IAS officer of the Bihar cadre, was removed as CBSE Chairman on June 2, 2026, following controversies around the Class 12 board exams. Singh, who assumed office in 2024, oversaw the implementation of several reforms under the National Education Policy (NEP) 2020 and the National Curriculum Framework for School Education (NCFSE). During his tenure, Singh introduced mother tongue instruction for pre-primary to Class 5 students, in line with NEP guidance that
Rahul Singh IAS Shunted From CBSE Amid Controversial NEP Reforms
Rahul Singh, a 1996-batch IAS officer of the Bihar cadre, was removed as CBSE Chairman on June 2, 2026, following controversies around the Class 12 board exams. Singh, who assumed office in 2024, oversaw the implementation of several reforms under the National Education Policy (NEP) 2020 and the National Curriculum Framework for School Education (NCFSE). During his tenure, Singh introduced mother tongue instruction for pre-primary to Class 5 students, in line with NEP guidance that
Kawagoe Mosque Permit Review Begins After Japan City Flags Approval Issue
A Kawagoe mosque permit review is underway in Japan after city officials said a mosque built by Pakistani residents lacked required local approvals. The mosque, inaugurated on Friday, April 3, 2026, in Kawagoe city, drew official scrutiny after Kawagoe City Hall said the structure had been built without permission required under Japanese law. Kawagoe Mosque Permit Review Centers on City Planning Rules According to the municipal
Kawagoe Mosque Permit Review Begins After Japan City Flags Approval Issue
A Kawagoe mosque permit review is underway in Japan after city officials said a mosque built by Pakistani residents lacked required local approvals. The mosque, inaugurated on Friday, April 3, 2026, in Kawagoe city, drew official scrutiny after Kawagoe City Hall said the structure had been built without permission required under Japanese law. Kawagoe Mosque Permit Review Centers on City Planning Rules According to the municipal
India-South Africa trade ties deepen as Mashatile courts firms
South Africa’s Deputy President Shipokosa Paulus Mashatile said India remains a reliable partner as he pushed for deeper India-South Africa trade ties during a working visit to New Delhi. Mashatile used the New Delhi leg of his six-day visit to invite Indian companies to expand investment in South Africa, especially in clean energy, pharmaceuticals, ICT, automotive components, infrastructure, agriculture and agro-processing. Mashatile seeks stronger India-South
India-South Africa trade ties deepen as Mashatile courts firms
South Africa’s Deputy President Shipokosa Paulus Mashatile said India remains a reliable partner as he pushed for deeper India-South Africa trade ties during a working visit to New Delhi. Mashatile used the New Delhi leg of his six-day visit to invite Indian companies to expand investment in South Africa, especially in clean energy, pharmaceuticals, ICT, automotive components, infrastructure, agriculture and agro-processing. Mashatile seeks stronger India-South
Central Ohio Population Growth Shifts Beyond Columbus
Central Ohio population growth is moving fastest outside Franklin County, according to U.S. Census estimates covering communities in Franklin, Delaware, Licking, Pickaway, Fairfield, Union and Madison counties. The estimates show the Columbus region continued to expand from 2020 to 2025, but the strongest percentage gains were concentrated in nearby suburban and exurban areas rather than in Columbus’ home county. Central Ohio Population Growth Moves Beyond Frank
Central Ohio Population Growth Shifts Beyond Columbus
Central Ohio population growth is moving fastest outside Franklin County, according to U.S. Census estimates covering communities in Franklin, Delaware, Licking, Pickaway, Fairfield, Union and Madison counties. The estimates show the Columbus region continued to expand from 2020 to 2025, but the strongest percentage gains were concentrated in nearby suburban and exurban areas rather than in Columbus’ home county. Central Ohio Population Growth Moves Beyond Frank
Trump Names Bill Pulte Acting Intelligence Chief
Bill Pulte acting DNI duties will begin after President Donald Trump named the Federal Housing Finance Agency director to temporarily lead the U.S. intelligence community. The announcement, made on Tuesday, June 2, 2026, places Pulte in a Cabinet-level national security role while he continues overseeing major federal housing responsibilities. Pulte currently leads the FHFA and serves as chair of Fannie Mae and Freddie Mac. Trump said Pulte would remain in those hou
Trump Names Bill Pulte Acting Intelligence Chief
Bill Pulte acting DNI duties will begin after President Donald Trump named the Federal Housing Finance Agency director to temporarily lead the U.S. intelligence community. The announcement, made on Tuesday, June 2, 2026, places Pulte in a Cabinet-level national security role while he continues overseeing major federal housing responsibilities. Pulte currently leads the FHFA and serves as chair of Fannie Mae and Freddie Mac. Trump said Pulte would remain in those hou
What Is GIFT City? India’s IFSC Hub Explained for NRIs
GIFT City, officially known as Gujarat International Finance Tec-City, is India’s first International Financial Services Centre, located in Gandhinagar, Gujarat. It has become an important financial gateway for Non-Resident Indians, Overseas Citizens of India and global investors looking for India-linked opportunities through international financial structures. The hub was created to bring offshore financial services closer to India while offering a regulatory and business environ
What Is GIFT City? India’s IFSC Hub Explained for NRIs
GIFT City, officially known as Gujarat International Finance Tec-City, is India’s first International Financial Services Centre, located in Gandhinagar, Gujarat. It has become an important financial gateway for Non-Resident Indians, Overseas Citizens of India and global investors looking for India-linked opportunities through international financial structures. The hub was created to bring offshore financial services closer to India while offering a regulatory and business environ
Pawan Kalyan Press Meet Live – Slams Police Over Permission Denial in Hyderabad
On Tuesday, 2 June 2026, at 3:30 PM, Pawan Kalyan held a live press meet in Hyderabad addressing the Telangana police’s denial of permission for a Jana Sena event. He highlighted the party’s commitment to public engagement and civic freedom despite administrative challenges. Deputy Chief Minister and Jana Sena Party president Pawan Kalyan held a crucial press meet in Hyderabad on Tuesday afternoon, responding to the Telangana police’s refusal to grant permiss
Pawan Kalyan Press Meet Live – Slams Police Over Permission Denial in Hyderabad
On Tuesday, 2 June 2026, at 3:30 PM, Pawan Kalyan held a live press meet in Hyderabad addressing the Telangana police’s denial of permission for a Jana Sena event. He highlighted the party’s commitment to public engagement and civic freedom despite administrative challenges. Deputy Chief Minister and Jana Sena Party president Pawan Kalyan held a crucial press meet in Hyderabad on Tuesday afternoon, responding to the Telangana police’s refusal to grant permiss
NRI Capital in GIFT City Dollar Funds Rises 18.59% in Q4 FY26
NRI capital in GIFT City dollar funds rose 18.59% in Q4 FY26, according to the International Financial Services Centres Authority’s official Q4 FY26 bulletin. Diaspora-linked fund allocations from Non-Resident Indians and Overseas Citizens of India reached $747.27 million in the January-March quarter of FY26, up from $630.13 million in the previous quarter. The increase shows growing interest in GIFT City’s dollar-denominated investment structures among global Indian investors.
NRI Capital in GIFT City Dollar Funds Rises 18.59% in Q4 FY26
NRI capital in GIFT City dollar funds rose 18.59% in Q4 FY26, according to the International Financial Services Centres Authority’s official Q4 FY26 bulletin. Diaspora-linked fund allocations from Non-Resident Indians and Overseas Citizens of India reached $747.27 million in the January-March quarter of FY26, up from $630.13 million in the previous quarter. The increase shows growing interest in GIFT City’s dollar-denominated investment structures among global Indian investors.









