RBI provides a second -rate reduction when we have tariffs

The Central Bank of India reduced its political indicator by 25 basic points to 6%.

Reduction Bid corresponded to the expectations of analysts polled by Reuters, and comes when the US mutual tariffs were at midnight (9.31 am in India) and 26% improved for goods coming from India.

The transition from the IRB goes against the background of inflation, but also the delayed economy.

India’s GDP expanded weaker than expected 6.2% In the fourth quarter 2024, and the country’s economy is Estimated by 6.5% In the financial year until March 2025 – a sharp slowdown with 9.2% last.

The HSBC note on April 7 is predicted that the announced tariffs will directly shave 0.5 percentage from the growth in India for the full year for the financial year, which ends with March 2026, adding that it may be indirect and subsequently exposed to the second order, including the slower volume of exports and weaker direct foreign investments.

Sanji Maturi, Chief Economist of Southeast Asia and India in Anz, said CNBC on April 3 that there is “certainly the shortcomings of the GDP growth of India, saying that GDP growth is” below 6% at this stage, given the shocks of the world system. “

The magic also noted that there is also a thermal wave in India, which will violate the country’s agricultural products. Agriculture is a key part of the country’s GDP, which is 18% of its economy.

In February, inflation entered the lower than expected, 3.61%when vegetable cooling prices were cooled down, and were at the lowest level since July 2024.

“The main inflation is also likely to remain soft led by a recent gratitude of Rupee, imported disinfection from China, softer oil prices and weak growth in the internal home,” HSBC added.

– This is the news. Please check the updates.