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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.”",Goalkeeper Thibaut Courtois rejected coach Domenico Tedesco comments that he walked out on the Belgium squad after being passed over for the captaincy and said he left their training camp due to a knee problem.",The director said the maturity that is lacking in the characters from these tentpole franchises is depicted in his upcoming sci-fi adventure movie Avatar: The Way of Water through its protagonists Jake Sully (Sam Worthington) and Neytiri (Zoe Saldana).",The Bill proposes strict punishment up to 10 years and penalties in the form of fines up to Rs 10 crore as well as attachment and confiscation of properties.",For Guardiola, one of his biggest challenges now is to keep his players in the present following City’s 4-1 win over Arsenal on Wednesday.Nothing, he said on Friday, has been decided.",Here’s a look at some of the new features that Instagram is all set to add to its platform.",Season-enders seldom end happily for Borussia Dortmund.",Barcelona had been scoring at ease, getting plenty of goals from its forwards to keep thriving in the Spanish league and the Copa del Rey.",Warner Bros chief Pam Abdy says she and Barbie director Greta Gerwig have been discussing making a sequel to the box office blockbuster.",Telugu actor Samantha Ruth Prabhu believes her upcoming thriller Yashoda deserves to be experienced in cinema halls. Samantha says that though the movie-watching pattern of the audience has changed after the pandemic, still she is certain that the audience will enjoy Yashoda on the big screen.",Finally, is committed to providing a safe and fair online betting environment, with the highest priority being player responsibility and satisfaction.⚡,TCS, in a regulatory filing, further said, the transformation will serve as a platform for their future growth enabling business expansion, incubate new business models, improving customer experience and other strategic benefits.".