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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.”",CCFP, a non-profit entertainment industry organization, said the letter was the first of its kind and “a call from the entertainment industry unequivocally voicing support for Israel and condemning Hamas’ terrorism.”",In a bid to curb the spread of misinformation, WhatsApp is testing a ‘suspicious link detection’ feature, which was made available for a limited set of users in WhatsApp Android beta 2.18.204. Now, the feature is available for all Android beta testers, though they will have to update WhatsApp app to version 2.18.221, according to a report in WABetaInfo. In addition, the Facebook-owned company has put out a post explaining how the feature works.",Premam was one of the first Malayalam movies to transcend boundaries and impress film lovers from across the world. Directed by Alphonse Puthiren, this movie has attained a cult status among fans. Nivin Pauly became a bigger star after portraying the role of George. Anupama Parameswaran, Sai Pallavi and Madonna Sebastian — the three female leads — also rose to fame after this film. The director, who debuted in Kollywood with Neram starring Nivin Pauly and Nazriya Nazim is all set to come back. He recently posted a casting call for this film and requested women with the ability to sing to ‘apply’. He also pointed out that knowledge about Carnatic music will help, as the director himself has no clue about it.",When reached out for comments, a company spokesperson said, “Reduction of added sugars is a priority for Nestle India. Over the past 5 years, we have already reduced added sugars up to 30 per cent, depending on the variant. ”",Two asteroids, one of them discovered earlier in June, passed by the Earth this week, a rare occurrence with serendipitous timing to commemorate the International Asteroid Day, according to space agencies around the world.None of the asteroids posed any threat to the planet, they said.",Shares of Vodafone Idea on Tuesday fell over 10 per cent after reports that Aditya Birla group Chairman Kumar Mangalam Birla has offered to hand over his stake in debt-laden VIL to the government entities to keep the company operational.",Earlier in August 2022, Adani Power had informed the bourses that it has agreed to acquire DB Power Ltd (DB Power), which owns and operates a running 2×600 MW thermal power plant at district Janjgir Champa in Chhattisgarh.",Marvel fans can expect actor Chris Hemsworth to sport a new look in Thor: Love and Thunder. The Australian star might have more colours added to his body suit along with a helmet and his axe Stormbreaker which replaced his Mjolnir in Avengers: Infinity War. Chris is currently inching towards wrapping up his superhero stint in the fourth outing of the franchise.",Adani group’s flagship entity Adani Enterprises fell for the second consecutive day on Friday as domestic equities closed in red amid renewed concerns over rate hikes. While many of the Adani group stocks extended losses today, many companies’ stocks were also locked in the upper limit circuit.",Messenger Rooms: Facebook recently launched its own video-conferencing solution to rival popular players such as Zoom, Google Meet etc., known as Messenger Rooms, which can support up to 50 participants on a call, with no time limit. Additionally, one can even create or participate in a Messenger Rooms call via the Messenger app, even if he/she does not have a Facebook account.",Gear S3 smartwatches come with MST payment capabilities, which means that users can tap or swipe their debit or credit card on the watch and then make mobile payments using it. Samsung Pay will be available in Australia, Singapore and US at the time of the Gear S3 launch.".