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

US President Donald Trump has threatened to impose higher tariffs on India very soon because the country does business with Russia. "We settled on 25% but I think I'm going to raise that very substantially over the next 24 hours,

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