New Delhi, Aug. 5 -- The Reserve Bank of India (RBI) Monetary Policy Committee meeting, which started on August 4, will conclude on Wednesday, August 6, presented by Governor Sanjay Malhotra.

The consensus suggests that the RBI is likely to hold the gunpowder dry for now and is unlikely to announce any rate cuts. Despite fresh trade tensions sparked by US President Donald Trump's move to impose a 25% tariff on Indian goods and looming sanctions over Russian oil imports-India's central bank is expected to stay the course on interest rates, shows a Mint poll of 15 economists.

Only four of them anticipate a 25 basis points cut to 5.25% in the upcoming MPC outcome.

RBI has implemented a sharp rate-cutting cycle over its past three policy m...