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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.”",Lots of people thought Welch was weird when he started doing this 12 years ago, opting to ditch the cheapest items on the sales rack in favour of maximizing the value of his purchases over the span of their lifecycles. But with inflation still a nagging problem, more shoppers are coming around to his way of thinking.",Don’t get to me wrong. Reuniting with our beloved Mishra parivaar — parents Santosh (Jameel Khan) and Shanti (Geetanjali Kulkarni) and sons Annu (Vaibhav Raj Gupta) and Aman (Harsh Mayar) — which wears its North Indian ‘middleclassness’ as a badge of honour, is like a tall drink of roohafza-alternating-with-khas on a blistering summer day.",Gohil had sought temporary bail for seven days “to appear before the Juvenile Justice Board (JJB) at Jamnagar” on July 4 as a witness in a case.",The platform offers professional and friendly customer service, happy to answer any questions and support players quickly.⚡,The deceased was identified as Aravind Raj, who had earlier tamed nine bulls in three rounds. He was taken to the Government Rajaji Hospital in Madurai where the doctors declared him dead on arrival.",In the wake of the recent hooch tragedy that claimed the lives of 66 persons, the Madras High Court on Wednesday directed the Tamil Nadu government to submit a report on implementation of welfare schemes in the Kalvarayan hills of Kallakurichi district and sought to know whether people have access to basic amenities there.",Flipkart has launched a new section, dubbed Flipkart Ideas. Under this section, the company will be posting a curated selection of content, which will help improve its consumers shopping experience.",What is it about this material?” she says.",Adani group’s flagship entity Adani Enterprises fell for the second consecutive day on Friday as domestic equities closed in red amid renewed concerns over rate hikes. While many of the Adani group stocks extended losses today, many companies’ stocks were also locked in the upper limit circuit.",We believe that development should not be determined only by economic indicators, but, it should be measured also in terms of factors like Human Development Index and Happiness Index,” he said while chairing the second review meeting of the state-level District Development Coordination and Monitoring Committee (DISHA) in Chennai.",LG Electronics on Monday launched its second generation Optimus L-series II smartphones devices – LG L7 II Dual and L3 II Dual – in India. ".