Financial experts are issuing urgent warnings to Non-Resident Indians in the UAE regarding the substantial risks associated with digital gold investments through unregulated online platforms. Unlike government-approved securities, these e-gold products operate entirely outside the regulatory oversight of India’s Securities and Exchange Board (SEBI), leaving investors vulnerable to significant financial losses without access to protective mechanisms.
The regulatory gap means investors cannot seek recourse through SEBI’s complaint channels if transactions go awry. Instead, financial advisors strongly recommend regulated alternatives such as Gold Exchange Traded Funds (ETFs) offered by mutual funds or Electronic Gold Receipts (EGRs) traded on formal stock exchanges through SEBI-registered intermediaries.
Meanwhile, India’s economic outlook for 2026 appears robust despite global uncertainties. The Asian Development Bank projects 6.5% growth for India, slightly below the Reserve Bank of India’s 7.3% forecast for fiscal year 2025-26. This growth is fueled by rising domestic consumption, manufacturing expansion, and recent reductions in Goods and Services Tax.
In parallel developments, India’s Global Capability Centers (GCCs) are experiencing unprecedented growth, creating approximately 300,000 new technical jobs annually. Multinational corporations have established over 1,800 GCCs across major Indian cities, with hiring rates surpassing traditional IT services companies by fourfold. Specialized fields like artificial intelligence, product engineering, and cybersecurity are witnessing particularly high demand.
The Mumbai Metropolitan Region Development Authority recently partnered with a global property firm to develop Asia’s largest GCC by 2029, expected to generate 30,000 skilled positions. Maharashtra’s proactive GCC policy aims to attract high-value operations that promote sustainable economic development through green energy initiatives and skilled employment generation.