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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.”",From the Sensex basket, Bharti Airtel, Tata Steel, Reliance Industries, Kotak Mahindra Bank, Axis Bank and State Bank of India were the major gainers. HDFC Bank, Tata Consultancy Services, UltraTech Cement, and Wipro were the laggards.",India’s largest private port operator reported a 5.1% rise in net profit at 11.59 billion rupees from a year ago, while its revenue from operations surged nearly 40%.",All the members of the delegation were overjoyed by the positive outcome of the meeting with the CM. While they stopped short of revealing all the details, all of them were quite upbeat about the assurance given by the government. The stars also took the opportunity to thank Chiranjeevi for patiently carrying out negotiations with the CM’s office for over seven months and bringing solutions to a variety of problems faced by the Telugu film industry.",After a tumultuous movie year marred by strikes and work stoppages, the Academy Awards showered nominations Tuesday on Christopher Nolan’s blockbuster biopic, Oppenheimer, which came away with a leading 13 nominations.",This year, DU has introduced the Single Girl Child quota under its supernumerary category, where a single girl will be admitted under this quota based on merit across programmes.",However, following criticism from several sections, the KEA relaxed the restrictions on the dress code and allowed candidates to wear hijabs.",As many as 149 officer trainees, including 132 IPS officer trainees of the 73rd batch of IPS regular recruits, will take part in the Passing Out Parade at the Sardar Vallabh Bhai Patel National Police Academy (SVP NPA) Friday. National Security Advisor Ajit Doval will review and address the parade as the Chief Guest.",While Telegram was the most downloaded non-gaming app on Play Store, it bagged the fourth spot in Apple’s App Store. On iOS devices, TikTok is still the most downloaded app in January 2021 followed by YouTube and video-conferencing app Zoom. Overall, TikTok’s downloads were surpassed by a million in the previous month.",Replying to an unstarred question in the Lok Sabha, Sitharaman hit out at the Opposition and said that NPAs were left by the “dozens and tonnes” during the UPA rule.",According to complainant Bhaskar Nath, on October 8, 2023, his daughter went missing and a missing report was filed with the police the next day. The complainant said that he was told later that his daughter and the accused had got married.",as a veteran in the betting industry, constantly affirms its position in the hearts of Asian players with reliability and high quality service.⚡.