Experts believe the central bank is very likely to maintain the status quo on interest rates along with caution on inflation and the geo-political outlook
Meanwhile, a tsunami warning issued for Miyakojima and Okinawa islands in Japan following a powerful earthquake in Taiwan has been downgraded from a warning to an advisory, CNN reported citing Japan's Meteorological Agency.
Most parts of the country are likely to witness above normal maximum temperatures during April to June, with 10-20 days of heat waves expected in different parts, India Meteorological Department said on Monday.
The India Meteorological Department has predicted that temperatures may be above normal and heat wave conditions are expected in the months of April and May.
The Indian Meteorological Department on Tuesday issued an Orange alert for specific districts in Himachal Pradesh for rain and snowfall during the next 24 hours.
National Center of Meteorology (NCM) has anticipated a change in weather conditions as a deepening upper-air trough brings scattered showers and strong winds starting this Sunday.
Over 90 per cent of the oceans experienced heatwave conditions at some point during 2023, while glaciers suffered the largest loss of ice since 1950, according to a UN weather agency's report.