With festive winds and tariff headwinds, RBI MPC’s policy call may set the tone for India’s second-half story

RBI Rate Cut Expectation: The Reserve Bank of India's Monetary Policy Committee is reviewing the bi-monthly policy. A hold on the repo rate is expected. This is despite low inflation and a stable rupee. US tariffs add uncertainty. Economists are divided on the need for a final rate cut. The festive season will be key. Markets await the RBI's decision and forward guidance.