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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 two-day meeting, chaired by Pankaj Agarwal, the ETWG chair and secretary of the Union Ministry of Power, is being held at a hotel near Goa’s capital Panaji.",Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers”, the public prosecutor’s office in Germany’s financial capital said.",Dakshina Kannada district in-charge minister Dinesh Gundu Rao said on Saturday that Akash Shankar, additional commissioner of the education department in Kalaburagi, was entrusted to inquire into the incident.",India has thrashed England on Thursday to reach yet another ICC final in the space of seven months. The last time India played a final they lost to Australia in a 50-over contest in Ahmedabad. However, despite the loss the Indian skipper Rohit Sharma was applauded for the way he led the side and his aggressive approach with the bat upfront which set the tone with the bat.",Kerala Chief Minister Pinarayi Vijayan honoured the cast members of the film All We Imagine As Light on June 13, for their outstanding achievement at the recently held Cannes Film Festival. The film, directed by Payal Kapadia, won the prestigious Grand Prix award at Cannes, after having become the first Indian film to be selected for the prestigious main competition segment in three decades.",The new Stories Map feature creates a private map and calendar of the stories a user has shared in the last three years. With the help of this feature, the company states that a user can “look back and remember all of their favourite moments.” Users can share, download, and save these stories to their highlights.",Previous genetic studies have determined the DNA of people with European and Asian ancestry to be 1 to 4 per cent Neanderthal,’Discovery News’ reported.",Private sector lender IndusInd Bank on Tuesday said it has posted a 10 per cent growth in advances at Rs 2,21,821 crore for the second quarter ended September 30.",The new design makes the desktop version similar to the mobile experience. The company says the new design makes it easier to find features such as Videos, Games, and Groups. Like Facebook’s mobile app, the desktop website will load faster. The new design also makes it easier to create Events, Pages, Groups, and ads.",Vibrant and edgy style, experimental fits, and sensual silhouettes – fashion at the recently-concluded 2022 Billboard Music Awards was definitely the one to look out for. Dressed in unconventional yet stunning attire, celebrities put their best fashion foot forward on the red carpet.",Alcaraz did not drop a set across six matches in the tournament and his performance in the California desert gives him an added boost of confidence ahead of his Miami Open title defence.".