December Edition - 2025

The global economy is going through a phase of cautious recovery and adjusting to a landscape reshaped by new policy measures. The International Monetary Fund (IMF) has projected the global real GDP to grow by 3.2% in 2025 and 3.1% in 2026, a downward revision relative to the pre-policy-shift forecasts. Global inflation is projected to decline globally, though with variation across countries.

India continues to stand out. The IMF forecasts the country’s GDP growth at 6.6% in 2025, even as global uncertainties persist. This strong growth trajectory underscores the resilience of India’s domestic demand, stable macroeconomic fundamentals, and the depth of its internal consumption and investment ecosystem.

International financial services centres (IFSCs) are becoming especially significant in the global economy as they sit at the intersection of globalisation, capital mobility, digital finance, and cross-border trade. At the forefront of this vision is GIFT City in India. Conceived as a next-generation smart financial city, GIFT City has already attracted over 1,000 entities spanning banking, capital markets, funds, insurance, fintech, asset management, and treasury functions.

GIFT is rapidly becoming the natural global gateway for India-linked financial flows. Given the favourable macro environment, robust growth outlook, and evolving regulatory infrastructure, the pace of institution-building and transactions at GIFT City is expected to accelerate further — marking a new chapter in India’s integration with global finance.

This edition of The Indian Tiffin spotlights ‘GIFT City: India’s global gateway for financial innovation’ -  exploring views and perspectives from domain experts.