As the markets await the announcement, the spotlight will be on the new RBI Governor and his stance on the financial scenario.

The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo rate cut to 6.25% from 6.50%.

US President Donald Trump has kicked up a storm with threats of tariffs on allies and adversary nations alike. He threatened tariffs on India as well