Economists are anticipating that the Reserve Bank of India (RBI) will reduce interest rates by 25 basis points in its upcoming three-day monetary policy meeting. This prediction is based on factors such as decreasing inflation rates, slowing economic growth, and the decline in global crude oil prices, all of which are creating favorable conditions for a rate cut. Furthermore, experts are expecting a shift towards an ‘accommodative’ policy stance from the RBI. This move is seen as a proactive measure to stimulate economic growth and boost consumer spending in the face of current economic challenges. Stay tuned for updates on the RBI’s decision and the potential impact it may have on the Indian economy.