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Dhiraj Relli, MD & CEO at HDFC Securities said, “In a surprise meeting today, RBI announced a repo rate hike by 40 bps (to 4.4%) and an increase in the CRR rate by 50 bps. RBI is no longer behind the curve to react to rising inflation numbers. In terms of timing, it took everyone by surprise and the hike of 40 bps is higher than the market expectation of 25 bps in the June Meet. This apart, the increase in CRR by 50 bps will withdraw Rs 87,000cr liquidity in the system. Immediately on the announcement, all interest-rate sensitive stocks fell sharply including Banks, Auto, Real estate, etc. Coming ahead of the US Fed announcement due today, the RBI has taken the lead for the time being after being blamed for being behind the curve by some economists. Nifty could remain under pressure for some time.”",with a rich history, constantly attracts players thanks to its reputation and quality of service, becoming one of the leading bookmakers favored by bettors.⚡,Aimed specially at the professionals in designing,media and entertainment industries,the new software ‘Creative Suite 6’ (CS6) would be available in four suites – Master Collection (Rs 1.56 lakh),Design and Web Premium,and Production Premium (Rs 1.14 lakh) each and Design Standard (Rs 78,288).",The Delhi High Court on Wednesday launched a free Wi-Fi facility for lawyers and the public.",Reserve Bank of India Governor Shaktikanta Das on Wednesday said the rupee has witnessed “low volatility” and orderly movements as compared to its peers.",His statement came days after he ordered the police personnel to vacate the Raj Bhavan premises. They, however, are still on duty in the Governor House.",The All India Institute of Medical Sciences (AIIMS) project at Thoppur, Madurai, has not taken off yet and only a compound wall is all that remained, Tamil Nadu Health Minister Ma Subramanian said on Saturday.",There are many dual-screen laptops available in the market, but most of them either don’t have the same-sized secondary display or are vertically stacked.",When viewed sequentially, the operating profit margin for the December quarter expanded by 1.80 per cent over the preceding September quarter, Icra Ratings said, attributing the same to the easing in input costs and also price hikes by many companies.",Apple OS X Yosemite, the latest release of the Mac desktop operating system, is available as a free upgrade for Mac users from the Mac App Store from today.",Also read – Pataal Lok creator Sudip Sharma predicts downfall of streaming industry, says mid-budget OTT shows will die: ‘Will I be out of work?’",It took more than 30 hours for Daisy Manoj to trace the body of her brother – Denny Baby Karunakaran – one of the 45 Indians, who lost their lives in the fatal blaze that broke out in a building at Mangaf – south of Kuwait City, which housed 196 migrant workers.".