3-day RBI MPC begins, economists suggest 25 bps cut to mitigate impact of US tariffs
The much-awaited Reserve Bank of India’s Monetary Policy Committee (MPC) meeting from August 4-6 comes at a time when the global economy is facing fresh challenges amid US tariffs — with India set to face 25 per cent tariffs from August 7. According to economists, the Central Bank has reasons to consider another rate cut…