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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.”",Also read: YouTube Incognito private-browsing mode available for Android",Finally, is committed to providing a classy and professional online betting experience, placing player satisfaction and safety as top priorities.⚡,The Commissioner of Mangaluru City Corporation has warned commercial establishments in the city that do not display nameboards written in Kannada, stating that they would have to face action as strict as cancellation of their licences.",Under the partnership, Zomato’s delivery partners can get access to Battery Smart’s existing network of over 800 swap stations across more than 30 cities, the company said in a statement.",Police arrested contractor Sakthivel (41) of Kalathimadam for culpable homicide not amounting to murder under section 304 (II) of the Indian Penal Code in connection with the incident.",In the betting world where competition is fierce, still stands out like a bright star in the long night. Its long history is not only a mark but also a solid proof of reliability and service quality.⚡,The lion’s share of the .1 billion allotted for the next phase of NASA’s so-called Commercial Crew program will be split between Boeing and Space Exploration Technologies,a privately held firm run by Internet entrepreneur Elon Musk.",A delegation Bharatiya Kisan Union (Apolitical), a farmers’ organisation, on Sunday met Chief Minister Yogi Adityanath at his official residence in Lucknow and urged him to announce the State Advised Price (SAP) for sugarcane for the current crushing season at the earliest. They also sought an increase in the sugarcane SAP.",At around 4.30 am, the driver of the lorry lost control of the vehicle and smashed the railings on NH-44 near Bhagyanagar village, leaving over 30 of the workers injured. According to Nirmal police, the driver had dozed off while driving. The vehicle rolled down the highway and turned turtle.",Instagram is all set to test ultra tall 9:16 ratio photos, confirmed Adam Mosseri, CEO of Instagram in the weekly Ask Me Anything (AMA) session. “You can have tall videos, but you cannot have tall photos on Instagram. So we thought maybe we should make sure that we treat both equally,” he said.",These and other recommendations are part of a report of a task force set up by the power ministry in September 2021 under the chairmanship of POWERGRID chairman and managing director to suggest ways for modernisation of transmission sector and making it smart and future-ready, it stated.".