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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 S&P BSE Sensex touched its lifetime intra-day high of 52,641.53 during the session and ended 174.29 points (0.33 per cent) higher at a record close of 52,474.76. Likewise, the Nifty 50 too rose its all-time intra-day peak of 15,835.55 before settling 61.60 points (0.39 per cent) to its lifetime peak of 15,799.35.",The Byappanahalli police, who announced the arrests on Tuesday, said the prime accused, Dr Mallikarjun, and his associate Siddesh were absconding. The arrested accused are Shivalingegowda from Mysuru, Nayan Kumar from Mandya, Naveen Kumar from Pandavapura (also in Mandya district) and TM Veeresh of Davangere district. The police have also taken Sunanda, wife of Shivalingegowda, into custody.",Actor Sayani Gupta primarily recognises herself as an ‘artist’ first and then an actor. Expressing that she belongs to a family of artists and how art runs in her blood, the Four More Shots Please! star recently took to Instagram to celebrate her brother Probir Gupta’s elaborate display of artwork while appreciating the concept of art.",Hatya, hatya (murder, murder),” Ahmed told reporters outside the jail.",India’s top doubles player Rohan Bopanna on Wednesday revealed that he will bring curtains down on his Davis Cup career when the country hosts Morocco in September but the Karnataka player won’t be able to play his farewell match in his home state, as desired by him, since AITA has already awarded the match to Uttar Pradesh.",The 16 x 16 inch (40 x 40 centimeter) painting is signed and dated in the year 1919. It is believed to be a study for the stage curtain Picasso painted for a ballet of the same name that debuted that year in London, according to the New-York Historical Society. That curtain has been on display at the historical society in New York City since 2015.",The Galaxy Book4 Edge is available in 14-inch and 16-inch models and comes with a 3K 120Hz AMOLED touchscreen with a peak brightness of 400 nits for normal content and 500 nits for HDR (high dynamic range) videos.",Imam and several others were booked under relevant provisions of the stringent Unlawful Activities (Prevention) Act (UAPA) and the Indian Penal Code (IPC) for allegedly being the “masterminds” of the riots in Northeast Delhi In February 2020. The riots had erupted amid the protests against the Citizenship Amendment Act (CAA) in the city.",Russian President Vladimir Putin in February signed a law fixing the discount on Russia’s dominant Urals blend of crude oil for tax calculations.",According to entertainment website Variety, she had been suffering from breast cancer. The Academy of Motion Pictures Arts and Sciences, who issued an apology to Littlefeather after nearly 50 years and hosted a celebration in her honour just two weeks ago, also took to Twitter to mourn her demise on Sunday night.",All other users will have to continue to contend with the 100MB file size limit that the platform currently enforces. Screenshots obtained by Wabetainfo show that the file size restriction has changed from the current 100MB to 2GB for a WhatsApp user who is using the app on an iOS device. However, it is still unclear whether the company plans to roll out this feature to other regions, outside of its Beta program.".