Live Q&A: Modi’s Budget Shields India From Trump, Hits Derivatives Traders

Prime Minister Narendra Modi has unveiled a budget with a dual focus: insulating India’s economy from US tariffs and curbing a speculative frenzy in the domestic market. While the administration pivots to shield exports from Washington, it has also announced a tax hike on equity futures and options trading — a move set to impact millions of retail traders. Join Bloomberg's Menaka Doshi, Shruti Srivastava, Chiranjivi Chakraborty and Subhadip Sircar as they analyze the fallout for India's booming derivatives market, the geopolitical signaling to the US and the broader economic strategy. Tune in on Monday, Feb. 2, 2026 at 4 p.m. IST / 6:30 p.m. HKT / 5:30 a.m. ET. While anyone can listen, Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team questions to answer in real time. This conversation will be recorded and made available.