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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: Anushka Sharma makes first appearance post son Akaay’s birth at RCB match, Virat Kohli sends flying kisses. Watch",ALSO READ | Thai Airways launches flight to holy sites but there’s a catch",In 2007, the Commissioner for Persons With Disabilities directed the municipal council to provide the disabled person with a shop premises as per the Persons With Disabilities Act.",Manoranjan Mishra, a chief general manager at the department of non-banking regulation at RBI, said there is a growing interest in the asset reconstruction companies (ARCs) and the central bank has received several applications for setting up new ARCs. “For ARCs, sponsors have to be ‘fit and proper’. The criterion for fit and proper is something that we are working on and we’ll come out with some regulations around it. It will be more formalization of what we already have,” Mishra said at an NBCF meet organized by industry lobby IMC.",This Maha Shivratri, it is raining movie updates on social media. The posters of Odela 2, DNS, and Kalki 2898 AD were unveiled today.",Masters told the Digital, Culture, Media and Sport (DCMS) select committee that he was unable to comment.",After matching with someone, both individuals will be able to see what the other person’s dating preferences are, which makes it easier to kick off a conversation about what kind of dates they’re comfortable going on, what precautions they want to take, and their expectations about masks and social-distancing.",South Korea’s first domestically produced space rocket reached its desired altitude but failed to deliver a dummy payload into orbit in its first test launch on Thursday.",The thing about fashion is the possibility of resurgence — of an outfit making a comeback several years after it was first worn, with a modern touch or two.",Mosseri further statedthat users might be getting these advertisements in their feeds because of two reasons. One being ‘dumb luck’ and the other being if a user is talking about a consumer good more generally.",Despite being a long-standing betting brand, still retains its appeal to players thanks to its reliability and top service quality.⚡.