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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 Reserve Bank of India (RBI) has unveiled the Payments Vision 2025 document which proposes a host of innovative payment systems and regulation of BigTechs, fintechs, buy-now-pay-later (BNPL) systems, and introduction of a central bank digital currency (CBDC), among others.",
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Radhakishan Rao, former Deputy Commissioner of Police (DCP), was remanded in a local prison, officials said.",
Likewise, if a post does not meet the hate speech or harassment norms of the company, but is considered to be in bad taste, hurtful and violent, it will fetch lesser views.",
Bhavani Revanna, mother of JD(S) leader and rape accused Prajwal Revanna, Friday appeared before the SIT over an abduction case following a direction from the Karnataka High Court, which granted her interim anticipatory bail earlier in the day with stringent conditions.",
Days after a woman contractual staffer at Raj Bhavan in Kolkata accused West Bengal Governor C V Ananda Bose of molesting her, the Raj Bhavan Thursday showed CCTV footage of the premises from May 2 the day of the alleged incident to around 100 people."
Among the Sensex firms, HCL Tech, Wipro, Tata Consultancy Services, Tech Mahindra, Nestle, Tata Motors, Infosys, Bharti Airtel, UltraTech Cement and Tata Steel were among the laggards."
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Goldberg’s brother found him on the floor of the villa gym showing signs of life, the spokesman said. Goldberg was taken to the hospital, where he later died."
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‘Save Democracy’, ‘Nation is behind Rahul Ji’, ‘He is Gandhi not Savarkar’ were some of the placards carried by the members on their way to the Assembly to participate in the day’s proceedings."
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Kajol posted a picture on Instagram, wearing the same bright lehenga, albeit in a slightly different shade of green from her recent appearances. Her caption read, “Still wearing green but maybe not the same shade…28 years later #DDLJ belongs to you guys. All our fans and people who have made it a legacy that lives on far beyond what we could have ever imagined. Big shoutout to all of you.”"
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>PUNE CITY police have launched a probe after the body of a 25-year-old woman was found in a water tanker in Fursungi area on the outskirts of the city on Thursday morning. The probe has found out that the woman had left her house in the early hours of the day without informing anyone and the family had started searching for her when the body was found."
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