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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.”",
“It is a small structure that has existed since the inception (of the university). Photos of some Hindu deities were there too. On the day of Ram Navami, one or two students went there and cleaned the place, painted it in saffron colour and installed saffron flags. They had not taken our permission. So a committee has been set up to inquire into the matter. Action will be taken as per its recommendations,” registrar Devesh Nigam said.",
Dinklage, best known for playing Tyrion Lannister in HBO show Game of Thrones, recently came down heavily on Disney for its decision to remake the movie, which he called “backward”."
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Telugu star Nandamuri Balakrishna has courted controversy after a viral video showed him pushing actor Anjali on stage during a promotional event. Despite being pushed, Anjali was seen laughing in the clip resulting in a certain section of social media users criticising her for her ‘casual’ reaction. After filmmaker Hansal Mehta slammed Balakrishna on X (formerly Twitter) and called him a ‘scumbag,’ singer Chinmayi Sripaada has condemned the behaviour of ‘men in power who misbehave’ and defended Anjali.",
A couple in Telangana’s Sangareddy district was tied to a tree and caned by a group of villagers who accused them of practising black magic to harm fellow neighbours. The incident took place in a Dalit neighbourhood in Kolkur village on Saturday and a video of the incident has gone viral on social media.",
The BJP leader said the police had attempted to hush up the incident and alleged that Chief Minister Siddaramaiah had been “negligent”."
Vodafone Idea Ltd (VIL) on Thursday said it has paid licence fee dues for the first quarter of 2021-22."
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Chinese researchers want to send more than 20 of China’s largest rockets to practice turning away a sizable asteroid a technique that may eventually be crucial if a killer rock is on a collision course with Earth. The idea is more than science fiction. Sometime between late 2021 to early 2022, the United States will launch a robotic spacecraft to intercept two asteroids relatively close to Earth. When it arrives a year later, the NASA spacecraft will crash-land on the smaller of the two rocky bodies to see how much the asteroid’s trajectory changes. It will be humanity’s first try at changing the course of a celestial body."
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