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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.”",After his unprecedented success with his last release RRR, filmmaker SS Rajamouli has been requested to make a movie based around the Indus Valley civilisation by Mahindra Group’s chairman, Anand Mahindra. Sharing illustrations from that period on Twitter, Anand tagged Rajamouli in his tweet as he asked him to consider his request.",In the 104-second BTS video, the team of Liger extended their best wishes to Tyson. The film’s producer Karan Johar, in his message, said, “Happy birthday to the absolute rockstar, the absolute legend Mike Tyson. The world is so proud of you in your achievements sir and we are so honored and privileged to have you as a part of our film Liger. More power to you. May the force always be with you.”",All India Women’s Conference (AIWC), which conducted the two-month-long study, released the findings on August 24, on the occasion of the launch of its year-long campaign ‘Wings to Fly: Celebrating the Girl Child’.",While the parents are yet to talk about their baby, Ram Charan’s father Chiranjeevi took to social media to express his joy. Addressing her as ‘little mega princess’, the excited grandfather wrote, “Welcome Little Mega Princess !!  You have spread cheer among the Mega Family of millions on your arrival as much as you have made the blessed parents @AlwaysRamCharan & @upasanakonidela and us grandparents, Happy and Proud!! .”",The March 2011 earthquake and tsunami damaged cooling systems at the Fukushima Daiichi plant, causing three reactors to melt and release large amounts of radiation. The operator, Tokyo Electric Power Company Holdings Inc., has been able to stabilize the plant to the point where the company can better plan a decommissioning strategy, expected to be lengthy and exceedingly challenging.",The police identified the accused as Samir Sojitra and Vikas Mevada. While Sojitra worked as a junior engineer in 66 KV sub-station compound at Kadodara in Surat district, Mevada was posted at Kim DGVCL office. Both are residents of Surat city.",Popular playback singer Vaikom Vijayalakshmi has cancelled her wedding, which was just a little over a month away. She announced calling off her engagement with the Bahrain-based Malayali, Santhosh, during a press meet, where she also shared reasons behind her decision.",With China’s biggest freshwater lake reduced to just 25% of its usual size by a severe drought, work crews are digging trenches to keep water flowing to one of the country’s key rice-growing regions. The dramatic decline of Poyang Lake in the landlocked southeastern province of Jiangxi had otherwise cut off irrigation channels to nearby farmlands. The crews, using excavators to dig trenches, only work after dark because of the extreme daytime heat, the official Xinhua News Agency reported.",Pankaj Jha, who is a follower of Osho, told indianexpress.com, “I never mentioned the name of any Tripathi in any of my interviews so far. You can go listen to all of my interviews, you will know I haven’t mentioned anybody’s name at all. This is very childish thing to do. Why will I go talk all this to anybody? Media always needs masala, I never said anything such, they just made it up. Becoming an actor is not the ultimate achievement. Just like how every actor wants to become a big star, similarly several journalists are also running behind fame. They make up stories to gain attention and recognition.”",Connoisseurs of Pablo Picasso will soon be able to own a share in one of his paintings for less than ,000 – though that won’t actually buy them the right to see the work, which will be stored under lock and key in Switzerland.",Just tried to get him some sugar, gave him a Gatorade and a gel. The gel is not the nicest thing, so they managed to find some Percy Pigs somewhere along the line in the crowd, which he got down and then started to feel better,” Burrage said. ".