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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.”",The two-day meeting, chaired by Pankaj Agarwal, the ETWG chair and secretary of the Union Ministry of Power, is being held at a hotel near Goa’s capital Panaji.",Explaining the plot of the movie, Fahadh Faasil said, “The character’s name is Anil. He is an electronic mechanic. So he usually works early in the morning around 3 am. So our movie begins with a baby being born in the house adjacent to his house. The baby and the mother arrive home. That’s where the movie begins. The main conflict is that Anil works in the morning and that’s when the baby starts crying too. And so his work gets disturbed. His sleep gets disturbed. His whole timetable goes for a toss. Eventually, he gets angry and just wants to get rid of the baby. That’s the point at which a landslide happens and in there, the only thing he can hear is the baby crying. That sound that he hated the most turns into his saviour.”",Amid the ongoing festive and wedding season, celebrities are setting massive ethnic fashion goals. From breathtaking saris to trendy sharara sets the Instagram handles of our favourite stars are filled with all kinds of elegant traditional pieces.",In an embarrassment to the Opposition BJP in Karnataka, senior MLA Basangouda Patil Yatnal on Tuesday alleged irregularities to the tune of Rs 40,000 crore in Covid-related procurement during BJP rule in the state. He also accused the Congress government of trying to cover up the scam.",The police identified the accused as S Suresh Rajan, 55, of Triplicane; and M Mani, 40, of Perumbakkam. They seized nine Royal Enfield bikes from the accused.",As the top leaders from across the world gather here for their annual congregation, a survey of chief economists on Monday forecast a weakening of the global economy in 2024 and accelerated geo-economic fragmentation.",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.",Earlier in the day, Leader of opposition and SP chief Akhilesh Yadav in his speech demanded that while Chief Minister met workers rescued in the operation, gratitude should also be made towards the rescuers without any bias.",One 97 Communications, popularly known as Paytm, is already under the scrutiny of India’s banking regulator and financial crime-fighting agency after the central bank ordered it to wind down its payments bank in January. The sources indicated this was another reason for the deferral.",Samsung has announced the launch of its Gear S3 smartwatch on October 11 in South Korea. Samsung Gear S3 Frontier and Gear S3 Classic were unveiled by the company at IFA 2016 in Berlin, and comes with a similar round design as the Gear S2. The watches will go on sale in western markets within the week, but no dates announced on when the watch will be coming to India.",The Asian Games will begin in Hangzhou on September 23 with the men’s team comprising Sumit Nagal, Sasikumar Mukund, Davis Cupper Ramkumar Ramanathan, Yuki Bhambri and Saketh Myneni besides the 43-year-old Bopanna.".