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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.”",Social network firm Reddit said video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok.",The central bank governor said that the MPC had voted unanimously to maintain the accommodative stance and added that the reverse repo rate too was kept unchanged at 3.35 per cent.",Get ready for spine chilling suspense on the 29th of July. #HIT2OnJuly29 #Hit2@NameisNani @KolanuSailesh @PrashantiTipirn #MeenakshiChaudhary @maniDop @Garrybh88 #JohnStewartEduri @ManishaADutt @SVR4446 pic.twitter.com/GfcAdjTj5K",Check out his tweet here.",The All India Football Federation has urged the 10 Indian Super League franchises to release players selected for the upcoming Asian Games, keeping the “national interest in mind”.",The Galaxy Book4 Edge is available in 14-inch and 16-inch models and comes with a 3K 120Hz AMOLED touchscreen with a peak brightness of 400 nits for normal content and 500 nits for HDR (high dynamic range) videos.",The girl’s father lodged a First Information Report (FIR) at the area police station against the accused, 20, his father, and his friend but no arrests have been made in this connection so far.",Police suspect that the accused, Rohit Yadav, committed the crime on the suspicion that the woman, Aarti Yadav, was in a relationship with another person.",Twitter account of many prominent personalists like Elon Musk, Joe Biden, Barack Obama, Kim Kardashian, and more was hacked in a Bitcoin scam on Wednesday. The social media giant in a response to the hacking incident responded by stating in a tweet, “we detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools.”",Scientists have discovered that design technology used in Formula 1 racing can be used to treat damaged eardrums.",“Most workers I know at the mall are from other states,” says Jitender Babu, a 25-year-old staffer at a biryani outlet in the mall. Babu has been working in Gurgaon for four years, earns around Rs 20,000 as a store manager, pays Rs 6,000 as rent for one room he shares with his uncle in Chhattarpur and sends home Rs 7,000 to his mother, who suffers from Hepatitis B. “By the end of the month, there is nothing to save,” he says.".