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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.”",
Actor Gulshan Grover recalled his experience working with the wrestler Brian Lee in the film Khiladiyon Ka Khiladi, which starred Akshay Kumar in the lead role alongside Rekha. Lee played the role of The Undertaker, a popular wrestling character that he impersonated on what was then known as the WWF. The Undertaker was actually played on television by Mark William Calaway.",
The teaser video consists of two products, the Xiaomi Mijia Smart Rice Cooker and the Xiaomi Mijia Induction Cooker. It is yet unclear as to when the company will be launching the devices in India.",
The mission,called Equatorial Vortex Experiment (EVEX) will launch two rockets for a twelve-minute journey through the equatorial ionosphere from an atoll in the Pacific in the next few weeks."
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The teaser page also includes a ‘Notify Me’ link for the OnePlus TV for users who are interested. Like other OnePlus products, this will be sold on Amazon India first, along with the official OnePlus online store.",
Gemini North is one of the twin telescopes at the International Gemini Observatory, which is operated by the United States National Science Foundation’s (NSF) NOIRLab.",
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Daniil Medvedev rose to a career-best No. 2 in the ATP rankings on Monday, making him the first man other than Novak Djokovic, Rafael Nadal, Roger Federer or Andy Murray to hold either of the top two spots in 15 1/2 years."
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Sunday was a day of protests for water in Delhi with leaders of both the AAP and the BJP, including all seven of its MP-designates, holding demonstrations in different parts of the Capital, blaming each other for the water crisis."
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Giving the benefit of doubt, the Madras High Court has confirmed the orders of a lower court acquitting 26 accused in an idol theft case in 2012."
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>Sticky microfinance loans, which remained unpaid even after 90 days of their due dates, stood at 11.1 cent of the total loan portfolio of Rs 286,453 as of March 2022, according to data released by CRIF High Mark."
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