The move was in line with expectations from economists polled by Reuters, and comes after the Reserve Bank of India delivered an outsized cut of 50 basis points

The Reserve Bank of India (RBI) on Wednesday decided to keep its policy rate unchanged at 5.5 per cent and maintained a neutral stance, following three consecutive rate cuts. The decision comes amid renewed uncertainty due to tariff threats from US President Donald Trump,

India’s government is scrambling to contain the economic fallout from President Trump’s threatened tariff action.