The move from the Reserve Bank of India comes amid softening inflation, but also a slowing economy. The 6% figure was the RBI's lowest policy rate since September 2022. This also comes as the U.S.' reciprocal tariffs kicked in at midnight stateside (9.

The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to boost the sluggish economy in the face of fresh U.

India’s central bank delivered a back-to-back rate cut and signaled more monetary support ahead as U.S. trade tariffs raised alarm about slowing global growth.