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Raise a glass to GIFT City: Why the recent amendment to the teetotaller mandate is a gamechanger in the dry state

Regulators are vital to creating an atmosphere where finance can flourish. A deep capital market and banking services are obvious handmaidens. Both make it easier to become a hub for wealth created elsewhere on the globe to be managed and invested. Establishing the International Financial Services Centres Authority (IFSCA) as a unified regulator in 2020 has been a critical milestone in GIFT City s evolution. ....

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