RBI MPC Meeting Repo Rate: The bi-monthly meeting of the Monetary Policy Committee of the Reserve Bank of India has begun today. On August 6, RBI Governor Sanjay Malhotra will announce the repo rate issue. Most experts believe that the RBI can cut interest rates keeping in mind the current factors.
The US has recently announced to impose a 25 percent tariff on India's exports. Economists say exports could be affected due to US tariffs.
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