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Nirmala Sitharaman Highlights India’s Gift City as Global Finance Hub
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News Analysis IndiaReporter
August 26, 2026
07:16 AM
Sitharaman used her X platform post to underline that Gift City is emerging as a global stage for cross‑border finance. She explained that the centre's regulatory framework and tax regime are specifically crafted to ease international financial activities. The minister also stated that the IFSC has already secured commitments from multiple foreign banks and is positioned to host a broader array of global financial institutions, reinforcing India's role as a regional financial gateway.
