Skip to main content

India Weekly: Budget, RBI, Delhi election, Modi-Trump meeting

A busy week for domestic policymaking began with the Finance Ministry showing fiscal restraint in the FY25/26 Union Budget and concluded with the RBI kicking off its easing cycle, with an election in Delhi taking place in between. Next week, attention will shift to Prime Minister Modi's meeting with President Trump. There are a number of reasons why Trump might want to target India with tariffs, but PM Modi has already given some concessions which may help to keep India out of Trump’s crosshairs. 

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.