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What happened. On 2 February 2026 US President Donald Trump announced a trade deal with India that lowered the reciprocal tariff on Indian goods to 18%, followed by a framework for an interi…
Read moreWhat happened. On 6 February 2026 the Monetary Policy Committee left the repo rate unchanged at 5.25% with a neutral stance and deferred its FY27 growth and inflation forecasts to the April…
Read moreWhat happened. The Budget presented on 1 February 2026 set the FY27 fiscal deficit target at 4.3% of GDP and raised the capital-expenditure outlay to about Rs 12.2 lakh crore. Why it matters…
Read moreWhat happened. On 27 January 2026 India and the European Union announced the conclusion of negotiations for a free trade agreement covering tariff reductions across a large share of goods tr…
Read moreWhat happened. On 5 December 2025 the Monetary Policy Committee cut the repo rate by 25 basis points to 5.25%, bringing total reductions during 2025 to 125 basis points, with a neutral stanc…
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