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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 gloves were once one of the most popular exhibits at the Apartheid Museum in Johannesburg, one of dozens of heritage attractions and art galleries around the country forced to close their doors due to the impact of the COVID-19 pandemic.",According to the complaint, Rohit Pradhan, 34, found his mother, Seema Pradhan, 62, lying unconscious on the ground floor of their rented house in Maujpur around 9 am on May 14. According to Rohit, his mother lived alone on the ground floor, and was hit with a sharp object, the police said.",The biggest banking deal since the 2008 global financial crisis would create “challenges” but also “many opportunities” for its clients, employees, shareholders and for Switzerland, they said.",Rajiv Gandhi assassination case convict Nalini Sriharan has approached the Supreme Court seeking early release from prison.",Finished an Amazing Schedule with the Mighty Man,Sweetness Personified Dearmost Bhai @beingsalmankhan Thanks Bhai for Making this So Comfortable and So Memorable And Thanks to OUR pillar of Support @kchirutweets for making this happen for Our (sic),” Mohan tweeted along with a video showing a few behind-the-scene pictures of Salman on the sets of Godfather.",Upon release, Odiyan is expected to shatter box office records. However, even before the release, the film has created a benchmark in the Malayalam film industry.",Belgian artist Carsten Höller created a 93-foot tall double slide open spiral slide, which has been installed inside Miami’s Aventura Mall. It is the artist’s first permanent installation. The slide has two spiraling titanium steel slides that run in clockwise and anti-clockwise directions, allowing a pair to see each other.",Three people who were sleeping on the railway tracks after a temple festival died as the Tambaram-Sengottai Express ran them over near Uppur village in Tamil Nadu’s Tiruvarur district on Monday, the police said.",Duguid and Osaka began discussing the venture at the Tokyo Olympics last year, Duguid told Reuters via email, adding that the firm, called Evolve, will operate as a “small boutique and bespoke agency.”",Novak Djokovic will spend Saturday night in immigration detention before the world’s tennis number one seeks a court ruling to stop his deportation and keep alive his bid for a record 21st major title at the Australian Open.",Sebi Chairperson Madhabi Puri Buch on Friday said the capital markets regulator has found that three merchant bankers are frequently indulging in inflating subscriptions during share sales, and promised action against them.".