Can GIFT City become truly global without rethinking how it regulates? Its next leap may depend less on new permissions and more on removing unnecessary regulatory friction.
R. Gurumurthy
September 22, 2026 at 3:52 AM IST
giftgujarat.in
Making GIFT City cheap to be in is not the same as making it worth being in. India has confused the two.
Chandrika Soyantar
May 11, 2026 at 8:00 AM IST
Pooja T S/Via Wikicommons
India’s push to monitor offshore rupee trades may improve visibility but also risk regulatory friction, investor unease, and unintended capital-flow consequences.
V Thiagarajan
April 30, 2026 at 3:36 AM IST
RBI’s NDF curbs shift risk from economic reality to geography, raising a quiet but persistent confidence cost for the rupee.
Quixotic Banker
April 5, 2026 at 6:06 AM IST
iStock.com
RBI's curbs rightly target speculative misuse in FX markets. But blunt restrictions risk leaving genuine hedgers unprotected and amplifying unhedged exposures across the economy.
April 4, 2026 at 5:25 AM IST
The rupee’s 2015–25 slide looks dramatic in headline terms, but unlike past episodes it unfolded gradually, supported by services exports, reserves and RBI’s volatility management.
Babuji K
December 22, 2025 at 5:23 AM IST
FX auctions helped Latin markets steady volatility. With sharper offshore swings hitting the rupee, India may benefit from adding them to its defence toolkit.
November 28, 2025 at 4:16 AM IST
RBI’s push to let Indian banks trade NDFs in GIFT City aims to reclaim control of rupee pricing and bring offshore liquidity onshore.
November 11, 2025 at 4:41 PM IST
GIFT City’s daily expiry options could quietly reshape NSE’s rhythm as offshore flows ripple into Mumbai’s markets. Traders must adapt fast.
Krishnadevan V
October 7, 2025 at 1:07 PM IST