Mumbai, June 17 -- The Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that for India, monetary easing is expected to play an important role in mitigating the tariff-related impact and supporting growth going forward as well. With inflation projected to remain below 4%, the Reserve Bank of India cut its key policy rate from 6% to 5.5% in June and will possibly lower rates further to around 5.25% by year-end. However, against the backdrop of its latest "neutral" stance, this will be data-dependent. Inflation projection shave been revised down to 3.5% for 2025, though it is anticipated that base effects may push inflation higher in 2H26. On the external front, a narrower current account deficit of bel...