BUDGET BOOST: Several SOPs Announced For Gift City

In a bid to give a fillip to the Gujarat International Finance Tec-City, FM Nirmala Sitharaman in the Union Budget permitted acquisition financing, recognised offshore derivative instruments (P-notes), and set up a single-window registration for approvals. What does this move entail for the financial services sector going forward? Catch India Today's Global Business Editor Udayan Mukherjee in conversation with Ambit's Ashok Wadhwa.