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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 last initial public offering (IPO) was that of Macrotech Developers (erstwhile Lodha Developers), which opened during April 7-9.",Producers Vinod Shornur and Anand Payyanur of Richie has accused Roopesh of causing serious damage to the film with his comments and reportedly demanded “strong punitive action” against him.",Nag Ashwin says in an interview to Variety, “Obviously, the most important thing will be the face-off between these three, which will be between Yaskin who can now wield the Gandiva, which is thought to be the most powerful weapon, versus Karna and Ashwatthama, who are the most fearsome warriors.”",In a statement on Facebook, the Hawaii Police Department said, Miller “became agitated while patrons at the bar began singing karaoke”. According to police, the 29-year-old then reportedly started “yelling obscenities and at one point grabbed the microphone from a 23-year-old woman singing karaoke and later lunged at a 32-year-old man playing darts.”",After the Singapore arbitrator put the deal on hold in October 2020 in an interim decision, Future had appealed to revoke it. The panel has rejected that application, Future said in a statement to Indian stock exchanges on Friday.",ensures transparency and fairness in every game, with results checked and verified by independent bodies.⚡,Many parents would agree that balancing responsibilities towards their child, household, career, and more, is no easy feat. Not only does it feel overwhelming, but many a time, parents also experience the ‘fear of missing out’ on the most crucial parts of their child’s growing up years or even everyday activities.",Lamborghini posted record sales in India in 2022 at 92 units, growing at 33 per cent from the previous year. Its previous best-ever sales in the country was in 2021 with 69 units. Before that, its best sales was in 2019 when it had sold a total of 52 units.",Microsoft, in an event on May 20, is likely to announce its first set of Surface laptops, featuring a Qualcomm Snapdragon X Elite chip. This will mark a significant shift from x86-based PCs to Advanced RISC Machine (ARM)-based personal computing devices. It’s not just Microsoft, several other original equipment manufacturers (OEM) such as Dell, Samsung, and more are likely to join this party by introducing their own ARM-based PCs.",At the interbank foreign exchange market, the local unit opened at 83.39 against the dollar and rose to 83.37, up 3 paise from its previous close.",The Congress government in Karnataka is committed to accepting the caste survey report commissioned during its previous tenure, Chief Minister Siddaramaiah said Tuesday, ahead of the expected submission of an updated report of the Kantharaj commission on social, economic and educational status of castes.".