Tariffs, Funds, and Financial Sovereignty: Reassessing the GiftCity Paradigm in Light of IFSA’s 2025 Regulatory Framework
India’s GIFT City – the nation’s only International Financial Services Centre (IFSC) has become an increasing destination for cross-border fund management within the collective regulatory jurisdiction of the International Financial Services Centres Authority (IFSCA). This is while a reignited US–China tariff war 2024–25 has shaken global trade, leading investors and fund managers to search for alternative markets. This article revisits the GIFT City model against these dynamics, particularly...