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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.”",Opposition Nationalist Congress Party (SP) MLA Jitendra Awhad on Wednesday extended apology for tearing a poster carrying a photograph of Dr Babasaheb Ambedkar.",Amazing. I cannot believe I had the chance to play against Venus,” the Swiss teenager said on court after her victory. “She’s an amazing player and really a role model for everyone.” Williams, now ranked No. 696, was put under pressure by Naef in the seventh game of the first set but served strongly to save two break points and take a 4-3 lead. Williams then broke Naef to love to take a 5-3 and served a love game as she reeled off 12 straight points.",The union produced two children Claude and Paloma Picasso. But unlike the other key women in Picasso’s life wives or paramours Gilot eventually walked out. “He never saw it coming,” Engel said of her mother’s departure. “She was there because she loved him and because she really believed in that incredible passion of art which they both shared. (But) she came as a free, though very, very young, but very independent person.”Gilot herself told The Guardian newspaper in 2016 that “I was not a prisoner” in the relationship.",The mobile laboratory also is guiding designs for future planetary missions.",Syrma SGS Technology: The initial public offering (IPO) of electronic manufacturing services firm Syrma SGS Technology was subscribed 32.61 times over the 2.85 crore shares that were on offer during the subscription period from August 12-18, 2022. The price band was fixed at Rs 209-220 per share.",For applying for the settlement visa in the UK, you will need to have lived in the country for a few years, either as a student or as a working professional. Here are the kinds of student and working visas issued by the UK government:",KKR’s victory celebration, led by SRK, became viral on social media platforms with fans sharing heartwarming videos of the actor revelling in the triumph of his team, surrounded by his family. The IPL team won the finals after a gap of 10 years. This win comes after a health scare for the DDLJ star, who was hospitalised for heatstroke during a previous match in Ahmedabad.",This is the first company from the Tata Group to float an initial public offer (IPO) in nearly two decades. Tata Consultancy Services was the last IPO from the group in 2004.",FMCG, and bank stocks extended fall today, after RBI increased the inflation projection, and asked banks to set aside a larger part of incremental deposits under cash reserve ratio (CRR) to tighten liquidity in the near term.",Apple MacBook will not get an upgrade in 2018, according to a new report in Digitimes, quoting supply chain sources. The report points out that in 2018, Foxconn will be the major supplier for Apple’s MacBook series, instead of Quanta Computer. The new orders will start shipping in second quarter of 2018, adds the report.",The Gujarat government has signed a MoU with a voluntary organisation, Sadbhavna Vrudhashram, to plant 4,0000 saplings on the sides of Dwarka-Somnath Coastal Highway on a public-private-partnership (PPP) model.".