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News: GIFT City climbed nine places to 37th globally and entered the top 15 financial centres in Asia-Pacific in GFCI 40.
About Global Financial Centres Index (GFCI 40)
- Global Financial Centres Index (GFCI 40): It provides rankings and evaluations of the future competitiveness of financial centres worldwide.
- Published by: It is published by Z/Yen Partners in collaboration with the China Development Institute (CDI).
- Started in: The GFCI has been published since 2007.
- 2026 Edition: It is the 40th edition, published in September 2026.
- Frequency: It is updated and published twice a year, in March and September.
- Evaluation Methodology: It uses 144 instrumental factors from third-party sources, including the World Bank, OECD and United Nations.
- The index provides rankings for 117 financial centres.
- Key Highlights
- Global Leaders: New York leads the index, followed by London, while Hong Kong ranks third and Singapore fourth.
- FinTech: Hong Kong leads the FinTech ranking, followed by New York, Shenzhen, Singapore, Shanghai and London.
- Global Outlook: The report identifies digital infrastructure, cybersecurity, FinTech and deeper capital markets as priority areas.
- India’s Global Rank: GIFT City improved from 46th to 37th, gaining nine places globally.
- India’s Asia-Pacific Rank: GIFT City entered the top 15 financial centres in Asia-Pacific.
- India’s FinTech Rank: GIFT City ranked 26th globally in FinTech, improving from 29th.
- Future Position: GIFT City was among the 15 centres expected to gain greater significance over the next two to three years.
