RBI RATE HIKES OF 50 BPS EXPECTED IN NEXT TWO POLICIES , TERMINAL REPO RATE TO REACH 6.0 %: KOTAK REPORT

What happened: Jordan's King Abdullah II and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan laid the foundation stone for the Aqaba-Shidiya-Ma'an railway on 5 October. Key numbers: Line spans roughly 418 kilometres in Jordan's broader Aqaba-Ma'an-Madouneh plan; IMEC was announced at the 2023 G20 summit in New Delhi. Why it matters: The line is not itself an IMEC project, but it could fill a major infrastructure gap by positioning Jordan, a non-signatory to the 2023 IMEC memorandum, as a link between India, the Gulf and Europe.

Kotak report signals 50 bps RBI hikes and 6.0% terminal repo rate.

Kotak report signals 50 bps RBI hikes and 6.0% terminal repo rate. — impact context not separately stored; see What changed.