Macro

Here are the key reasons why this deal is such a big deal, even before we know the fine print.

The India-US trade agreement arrived just as markets were recalibrating global trade risk. A reset in tariffs and a clear growth ambition have altered how investors view exports, competitiveness and capital flows. Heres why timing matters.

Indian markets continued their broadbased rally on Tuesday as investors welcomed the IndiaUS trade deal, which reduced reciprocal tariffs and removed a longstanding overhang on equities.

The local currency appreciated as much as 1.2% to 90.42 against the greenback. Meanwhile the yield on the 10-year note fell as much as five basis points to 5.71%

The deal is expected to help Indian goods entering the US market as they were facing sweeping 50% since Aug. 27.

Sergio Gor, who took charge as the US ambassador to India in January, quickly emerged as a key figure in reshaping US - India relations under President Trump. 

In her ninth budget, FM Nirmala Sitharaman vowed to continue the government's reform push, promote local manufacturing and maintain fiscal discipline.

Finance minister Nirmala Sitharaman announced higher STT rates for derivatives in her Budget 202627 speech, positioning the move as a "course correction" for the futures-and-options segment and a revenue measure.

The measures set out changes to how corporate bonds are traded and revise caps for portfolio investors, including higher limits for specific categories and a higher overall ceiling.

Coforge, TCS, Infosys, Persistent Systems and Wipro gained more than 2% each.

In the 2025 speech, she organised the Budget around "four powerful engines" of agriculture, MSMEs, investment and exports, supported by reforms. In 2026, she replaces that structure with the three-kartavya

For the next fiscal year, which is FY27, the fiscal deficit is projected at 4.3% of the GDP, Finance Minister Nirmala Sitharaman said.

Capex has surged from Rs 4.12 lakh crore in FY21 to Rs 11.21 lakh crore in FY26.

Finance Minister Nirmala Sitharaman, in her Budget speech on Sunday, announced changes to the governments semiconductor programme.

With the Budget 2026 just around the corner, NDTV Profit will take you through what different sectors and industries are expecting.

India has wrapped up one major trade deal — but another is quietly progressing alongside. The commerce minister explains how New Delhi is handling talks with the US.

India wants incomes to rise before consumption kicks in under the EU trade deal. Commerce Minister Piyush Goyal said the pact is about jobs, earnings and opportunity—not cheaper imports.

India didnt open the gates all at once under the EU trade deal. Tariff cuts were sequenced to speed up critical imports while shielding domestic industry, Commerce Minister Piyush Goyal said.

The Indian stock market will remain open on a Sunday for the second time in its history on Feb. 1, 2026.

Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on Sunday, Feb. 1.