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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.”",
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He said even today those who give applications to set up ARCs have to justify how they consider themselves fit and proper to be ARC sponsors to get a license. There are 25 ARCs operating in the country at present. Mishra said there is a need to deepen the market for security receipts which are issued by ARCs by developing a secondary market and also allowing more players. On the peer-to-peer (P2P) lending, he said RBI has got several applications and is in the process of giving licenses to that qualify.",
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.”",
The event, which is being held for the first time in a south Indian state, will feature over 5,600 athletes. The games will be played across four cities of Tamil Nadu, including Chennai, Madurai, Trichy, and Coimbatore, from January 19 to January 31. The games will feature 26 sporting disciplines with a mix of conventional sports and traditional ones.",
Raducanu did not drop a set throughout the tournament in New York this month as she beat Leylah Fernandez to become the first British woman to win a major singles title for 44 years. read more"
SS Rajamouli’s RRR has made Ram Charan the heartthrob of the nation, and his latest video from Amritsar is proof. The actor, who is shooting for the Shankar directorial, was mobbed by his fans in the city. However, Ram handled the situation very gracefully. In a video, which is going viral on the social media platforms, Ram is seen asking his security to not push his fans away. He was seen interacting with the ladies standing in the front. The video also shows how he took their phone to click a selfie with the group waiting to meet him."
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Comparing the tenures of the previous Uttar Pradesh governments, the Union minister said that before 2017, governments did not have interest in the implementation of the welfare schemes launched by the Centre. “I continue to visit the city every second or third month. The previous governments had little interest in implementing the Pradhan Mantri Awaas Yojana, which was launched by the Centre in June 2015. Only 17,000 homes could be developed under the programme in the first 17 months in Uttar Pradesh,” he added."
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