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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 latest fitness watch by MevoFit is IP67 rated, which means it is a water-resistant device and the company claims that the device has a lightweight body. The Thrust fitness watch also comes a gesture control screen which MevoFit claims is functional across all smartphones from Samsung, Apple, Xiaomi, Huawei, Motorola, Lenovo, Oppo, Vivo, OnePlus and LG.",Meanwhile, a high-level special investigation team (SIT) formed by the state government to investigate the circumstances of the incident as well as another SIT formed by the Rajkot city police commissioner to investigate the criminal case registered after the fire incident started their respective probes.",The PIF already owns Premier League club Newcastle and manages more than 0 billion of the oil-rich kingdom’s assets. Unlike the Premier League and other European teams, Saudi clubs are not bound by UEFA’s rules on spending, meaning there is no limit to the salaries the PIF can offer to lure top players to the Middle East. Aside from Al Nassr, it now owns a 75% share of Al Ittihad, Al Ahli and Al Hilal, the Asian Champions League winner in 2019 and 2021.",Apple OS X Yosemite, the latest release of the Mac desktop operating system, is available as a free upgrade for Mac users from the Mac App Store from today.",Farhan, who was booked along with gangster-turned-politician Atiq Ahmed for the murder of Raju Pal and his two security guards, got bail on November 24, 2005, from a Prayagraj court.",Forex traders said risk aversion in international markets and sustained foreign fund outflows weighed on investor sentiments, even as weak crude oil prices cushioned the downside.",A day after returning from New Delhi, superstar Rajinikanth met Tamil Nadu Governor R N Ravi at Raj Bhavan in Chennai on Monday. Outside his Poes Garden residence, Rajinikanth told reporters the meeting was a “courtesy call”.",As of now, there is not much known about Samsung’s next-generation wireless earbuds, though some details were leaked in a filing on the US Federal Communication Commission’s database (via Droid Life). While there will be a significant improvement in battery life, do not expect drastic changes when it comes to design.",A 21-year-old woman was stabbed to death in Karnataka’s Hubballi city on Wednesday morning by a man who is said to have threatened to kill her “like Neha Hiremath”.",Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020.",That made for a solid revival for the self-aware slasher franchise. Rights to the Scream films, once a reliable cash cow for Harvey and Bob Weinstein’s Miramax Films, were acquired by Spyglass Media Group, which produced the new film with Paramount. This Scream, helmed by Matt Bettinello-Olpin and Tyler Gillett, was the first not directed by Wes Craven, who died in 2015. It features original “Scream” cast members Neve Campbell, Courteney Cox and David Arquette alongside new additions Melissa Barrera, Jenna Ortega and Jack Quaid.".