Current Affairs - Economy - Discussion

GIFT City secured the 37th position globally in the Global Financial Centres Index (GFCI 40) on September 17, 2026, improving by nine places from its previous 46th rank. It also secured the 26th position globally in the FinTech category. GIFT City entered the top 15 financial centres in the Asia-Pacific region and was the only Indian financial centre featured in that group. The GFCI 40 assessed 115 financial centres using 144 instrumental factors and 39,531 assessments. GIFT City is located in Gandhinagar, Gujarat, and serves as India’s first International Financial Services Centre (IFSC).