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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.”",Odiyan, set in the pre-electricity era, is said to become the most expensive film in the history of Malayalam film industry and will be shot using 3D technology. The movie will be directed by debutant director VA Shrikumar Menon, who will also helm Mohanlal’s Rs 1000 crore project, The Mahabharata.",On the Sensex pack, Mahindra & Mahindra (M&M), Bajaj Finserv, Titan Company, Tata Steel, State Bank of India (SBI), Kotak Mahindra Bank, Sun Pharmaceutical Industries, IndusInd Bank, RIL, ICICI Bank, Bajaj Finance and Bharti Airtel were the top gainers of the day. In contrast, Tata Consultancy Services (TCS), Infosys, HCL Technologies, Hindustan Unilever, Tech Mahindra and Wipro were the top laggards.",The BSP supremo said the Presidential address should draw attention towards burning issues of the society instead of putting blame on each others.",Kashyap, who was arrested by Bihar Police’s economic offences unit (EOU) after he surrendered at Jagdishpur police station on March 18 in relation to the case, was brought from Bihar to Tamil Nadu on transit remand by a special team of the TN police.",The Australian, who received a good bit of fortune in the draw on his way to Wimbledon, has looked like he has something to prove. Two wins in less then a month over the World No. 1 may be proof enough. His big-serving and aggressive game has worked well on the quick courts in New York this year. Got Russia’s Karen Khachanov next.",Similarly, the broader NSE Nifty surged 194 points or 1.36 per cent to 14,504.80.",The two parties have entered a memorandum of understanding (MoU) wherein the traffic police department has agreed to share the city’s traffic data with IISc to enable researchers in finding traffic management solutions.",Researchers at Chapman University studied 60,058 people and found a link between bodily size and the number of previous sexual partners.",The Board of Control for Cricket in India (BCCI) secretary Jay Shah announced that the Indian board will be inviting applications for its men’s team head coach soon.",In a statement on Facebook, the Hawaii Police Department said, Miller “became agitated while patrons at the bar began singing karaoke”. According to police, the 29-year-old then reportedly started “yelling obscenities and at one point grabbed the microphone from a 23-year-old woman singing karaoke and later lunged at a 32-year-old man playing darts.”",Addressing a public meeting in the Kanthi Lok Sabha constituency, the senior BJP leader said that the more Banerjee used such tactics on BJP leaders, the more her Trinamool Congress would lose seats.".