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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.”",With an aim to reduce air and noise pollution in Rajkot, the Rajkot Municipal Corporation (RMC) on Thursday kicked off the process of phasing out diesel buses, and replacing them with a CNG fleet.",Devyani International, which is the largest franchisee of Yum Brands (KFC and Pizza Hut) in India, said its net profit for the fiscal year 2023 jumped 69.50 per cent to Rs 2,649.97 million, from Rs 1,563.36 million in FY22.",Having grown at the fastest pace in 22 months in January, merchandise exports slipped again in February, though marginally, continuing its roller-coaster ride in the aftermath of the Covid-19 pandemic.",In the 104-second BTS video, the team of Liger extended their best wishes to Tyson. The film’s producer Karan Johar, in his message, said, “Happy birthday to the absolute rockstar, the absolute legend Mike Tyson. The world is so proud of you in your achievements sir and we are so honored and privileged to have you as a part of our film Liger. More power to you. May the force always be with you.”",offers flexible deposit and withdrawal options, with a variety of payment methods that are safe and convenient for players.⚡,The City Civil Court in Hyderabad, hearing the defamation suit filed by TRS party working president and Minister KT Rama Rao on Tuesday, issued interim injection orders restraining Telangana Pradesh Congress Committee president A Revanth Reddy from making any further comments linking Rao with an ongoing probe by the Enforcement Directorate into a drug scandal involving Tollywood celebrities.",At the NSE, it dipped 3.17 per cent to Rs 1,474.",A 21-year-old woman was stabbed to death in Karnataka’s Hubballi city on Wednesday morning by a man who is said to have threatened to kill her “like Neha Hiremath”.",The IPO comprises a fresh issue of equity shares worth Rs 630 crore and an offer for sale (OFS) of 41,972,660 equity shares by promoter and existing shareholders, it added.",Last season, Liverpool finished just a point behind Premier League champions Manchester City but failed to mount a challenge in the current campaign due to injuries and a run of poor form.",Teenager Lamine Yamal helped Barcelona fight back to win a 4-3 thriller at Villarreal in the Spanish league on Sunday.".