GIFT City targets $500 billion financial hub status

IANS | September 26, 2025 5:40 PM

New Delhi, Sep 26 (IANS) The second edition of the GIFT International Banking Forum (GIBF) 2025 successfully concluded on Friday, highlighting opportunities to position Gujarat International Finance Tec-City (GIFT City) as a $500 billion multi-asset financial hub, underscoring India’s transition from a delivery hub to a strategic global financial centre.

Pakistan’s Bitcoin deal defies IMF norms, raises money laundering concerns

IANS | September 26, 2025 5:29 PM

New Delhi, Sep 26 (IANS) The recent Pakistan-El Salvador Bitcoin deal has raised serious concerns as it shows that the adoption of cryptocurrency can allow emerging economies to bypass IMF oversight at a time when money laundering and terror financing are posing a major problem worldwide, an article said.