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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.”",
Since then, Kashyap has been frequently questioned about his support for Vanga, even by his daughter Aaliyah Kashyap. Now, the Gangs of Wasseypur director has opened up about the factors that prompted him to meet Vanga. Drawing comparisons to his own experience during the production of Bombay Velvet, Kashyap stated that watching Vanga succeed gave him a sense of satisfaction.",
Prospects for EM (ex China) have also brightened, particularly in India, where we now expect growth to reach 7.8 percent in the fiscal year ending March 2024 (FY24) and 7 per cent in FY25, both sizeable upward revisions. With GDP growth having exceeded 8 per cent for three consecutive quarters, we expect an easing in growth momentum in the final quarter of the current fiscal year, implying an estimate of 7.8 per cent for growth in FY23-24,” Fitch said in its latest report.",
The 181 helpline was closed on Monday for a few days as its operating agency has been changed from the DCW to the Department of Women and Child Development. In her letter to Kejriwal, Maliwal said this alleged negligence epitomises a lack of empathy towards crimes against women and girls in the capital."
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We are back with our weekly roundup of the best celebrity looks. And this week too, we saw many B-town celebs deliver sartorial bangers that impressed us. While Ananya Panday looked cute in a crochet set, Tamannaah Bhatia was a vision in a Kanjeevaram sari. Additionally, Pooja Hegde jumped on the Barbiecore bandwagon.",
It comes with a ‘Liquid Retina’ display that can go up to 500 nits of brightness. The M3 chip sports a 16-core Neural Engine which the company says can run optimised AI models that can perform real-time speech-to-text, text predictions, and translation.",
According to sources, the trekking ban will be effective from February 1 till standard operating procedures are framed.",
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Anil Kapoor attended the premiere of The Night Manager 2 in an all-black monochrome outfit. The actor wore a relaxed-fit black shirt with a high-low hem, a pair of black jeans, and black sneakers."
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He added, “I strongly condemn the house arrest of the Congress leaders who were ready to stage a dharna on the issues of the Sarpanchs. I am calling on the ranks to burn effigies in district centres and mandal centres in protest of KCR’s autocratic attitude.” Reddy was detained by police as he came out of his house to proceed to the protest site."
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Abbott, who had in 2015 as the Prime Minister of Australia decried a court ruling against Adani Group’s Carmichael coal mine project, said the relevant regulators will “do their job” regarding any allegation of wrongdoing by the apples-to-airport conglomerate."
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The patriotic fervour of India was best captured by legendary Indian poets like Rabindranath Tagore, Sarojini Naidu, Bankim Chandra Chatterjee, and Harivansh Rai Bachchan, and it still gives us goosebumps."
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>Tourists are waiting more than two hours to visit the Acropolis in Athens. Taxi lines at Rome’s main train station are running just as long. And so many visitors are concentrating around St. Mark’s Square in Venice that crowds get backed up crossing bridges even on weekdays."
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