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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.”",The ATP will not take any action against former world number two Alexander Zverev following allegations of domestic abuse against the German, the men’s tennis governing body said on Tuesday.",As such, the travel company has shared some drivable getaways for you to escape the city life. Read on.",As part of the partnership, SBI Life’s diverse range of individual and group insurance solutions will be offered to the customers of Yes Bank through the bank’s branches spread across 28 states and 8 Union Territories in India.",offers a loyalty program with different levels, giving rewards and incentives based on the playeris level of participation.⚡,The very definition of haute couture, Chanel has time and again shaken conventional ideas when it comes to presenting its collection on the runway. Making seasons and ensembles its muse, the fashion house invests in innovation and grandeur. From incorporating giant icebergs to a doll house, every runway has been an expression of art. Throughout the years, Chanel has continued to take it up a notch with its over-the-top fashion shows at Paris’ Grand Palais.",Many parents would agree that balancing responsibilities towards their child, household, career, and more, is no easy feat. Not only does it feel overwhelming, but many a time, parents also experience the ‘fear of missing out’ on the most crucial parts of their child’s growing up years or even everyday activities.",The highly anticipated rollout of NASA’s big new moon rocket to its launch pad in Florida for final tests before a first flight has been delayed by at least a month, until March at the earliest, the US space agency said on Wednesday.",HDFC was the top gainer in the Sensex pack, rising around 2 per cent, followed by Bajaj Finserv, Tech Mahindra, UltraTech Cement, ICICI Bank, SBI and Infosys.",The court has also directed that an inquiry be conducted into the working of the municipal corporations in view of recent incidents, including the Morbi bridge collapse and Harni boat capsize, reflecting dereliction of duties on the part of the municipal commissioners of the respective corporations.",Reliance Jio, Airtel and Vodafone recently started playing a recorded message with a coughing sound followed by a disclaimer regarding coronavirus. The coughing sound has been removed according to the telecom service providers, however, in our experience, it is still coming but very rarely. The sound and this disclaimer are quite irritating for some people, who have taken to Twitter, complaining about the same. Here’s how you can stop the disclaimer from playing:",The 29-year-old reached the semi-finals in Melbourne in 2019, losing to eventual champion Naomi Osaka. She reached the final at Wimbledon this year before a run to the quarter-finals of the U.S. Open.".