As the markets await the announcement, the spotlight will be on the new RBI Governor and his stance on the financial scenario.

Governor Sanjay Malhotra on Saturday said that the central bank is aiming to make India ‘investor-friendly,’ reported the news agency PTI. Indian Rupee recovered after hitting all-time low with RBI’s MPC stance.

US President Donald Trump has kicked up a storm with threats of tariffs on allies and adversary nations alike. He threatened tariffs on India as well