Reported 8 months ago
India's latest financial hub in Gujarat is expected to introduce real-time dollar settlement later this year or in early 2025. The new service, available in Gujarat International Finance Tec-City, aims to streamline transactions, attract foreign investors, and enhance efficiency in the financial market. With simplified tax structures and eased capital controls, the hub seeks to become a prominent trading center, potentially rivaling Singapore and Dubai.
Source: YAHOO