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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.”",Turning down the bail plea of Sumit Nandwani, a Madhya Pradesh resident, arrested in a cybercrime case in Haryana, Justice Anoop Chitkara arraigned the Union government, specifically the Ministry of Telecommunications, as a respondent in the case.",The e-ticketing and catering arm of the Indian Railways announced a split of one equity share of the face value of Rs 10 into five equity shares of the face value of Rs 2. The board approved this proposal in an earnings call.",YouTuber and television host Lilly Singh took to Instagram and shared that she spent some time in the hospital because of cysts on her ovaries. She wrote that “it hurts and I’m tired.”",The motto of this festival is to bring Poonch on the country’s tourism map by highlighting its tourist destinations, culture, cuisine and local produce. The festival is a move to convey the change from ‘terrorism to tourism’,” social worker Iftikhar Ahmad said.",As Chennai received light to moderate rainfall since Sunday, traffic congestion was reported from a few areas in the city and its suburbs Monday. On the outskirts of Chennai, in Tambaram-Perungalathur, a beeline of vehicles was seen.",WhatsApp updated its mobile device support blog post to announce the end of support for the Windows Phone platform on December 31, 2019. In this case, the end of support is not limited to lack of future updates but it means that users on this platform will not be able to use WhatsApp anymore.",Its revenue from operations during April-June 2021 jumped 91.1 per cent to Rs 5,585.36 crore as against Rs 2,922.66 crore in the same period previous fiscal, Asian Paints said in a regulatory filing.",offers promotions and special offers for new and existing players, to boost the betting experience.⚡,You’d be forgiven for imagining the latter being the most damage-inducing act a wearable could go through, but the Apple Watch Ultra doesn’t break under multiple hits from the hammer. In the video, the creator continues to hammer the watch until the table he is testing it on starts cracking on the surface, but the watch takes no visible damage on its exterior.",Becker, the three-time Wimbledon champion, had been sentenced to 30 months in prison in April for illicitly transferring large amounts of money and hiding assets after he was declared bankrupt.",Duguid and Osaka began discussing the venture at the Tokyo Olympics last year, Duguid told Reuters via email, adding that the firm, called Evolve, will operate as a “small boutique and bespoke agency.”".