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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.”",
Giving details of the case, it said the statutory inspection of SBI with reference to its financial position as on March 31, 2017, revealed, non-compliance with IRAC norms, sharing of information about customers with other banks, reporting of data on CRILC, fraud risk management, and classification and reporting of frauds.",
After Prasanth went missing on April 11, 2017, his father Babu Rao lodged a complaint with the Madhapur police station in Cyberabad on April 29. A case was registered in this regard and as efforts were on to trace him, the family received a video message from him in 2019 that he was detained in Pakistan.",
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The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 28.64 times, while the portion for non institutional investors was subscribed 4.02 times and that of retail individual investors (RIIs) was subscribed around 88 per cent or 0.88 times, the data showed.",
The Commissioner of Mangaluru City Corporation has warned commercial establishments in the city that do not display nameboards written in Kannada, stating that they would have to face action as strict as cancellation of their licences.",
Avatar, starring Sam Worthington and Zoe Saldana, will be available for a “two week limited engagement”."
April 13, Ram Navami: People celebrate the birth of Lord Ram on this day. Ram Navami is one of the most important Hindu festivals of India which falls in the ‘ Shukla Paksha’ on the ninth day of the month of Chaitra corresponding to the March/April of the Gregorian calendar."
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Developer Response,
These organisations are expected to present their joint paper during the fourth G20 Finance Ministers and Central Bank Governors Meet, scheduled next October. This would help in the formulation of a coordinated and comprehensive policy approach to crypto assets, at a time when many countries including India did not have a regulatory framework for crypto assets."
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Denzel Dumfries had three first-half assists as the Netherlands beat Greece 3-0 on Thursday to move into second in European Championship qualifying Group B behind leader France."
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Stating that Mandvi was declared a cholera epidemic zone even though only one confirmed case was reported, Amit Arora, collector of Kutch told The Indian Express that World Health Organisation (WHO) protocol demands that the area has to be declared an epidemic zone even if there is only one case."
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>Last week was big for WhatsApp as the messaging company finally rolled out one of its most awaited feature. We are talking about Dark mode here. WhatsApp calls it Dark theme and not Dark mode. This is because there are three themes available, dark theme, light theme and system default option. We at indianexpress.com have previously explained how to enable WhatsApp Dark mode on mobile phone. Now, let’s talk about desktop. Let’s now talk about how you can enable dark mode/ dark theme on WhatsApp Web."
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