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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 incident took place when Tudu was on his way to Garbeta in the wake of complaints that BJP agents were not allowed inside some polling booths.",Bajaj Auto Ltd is ramping up production of its electric scooter Chetak to touch around 10,000 units a month by June, having overcome supply chain constraints as it gradually expands the sales network of the brand, according to a senior company official.",As per the site, technicians should be prepared for “new product SKUs, new/updated product descriptions, and new/updated product pricing,”. A similar memo was received before the launch of the iPhone 12 series in October which was delayed by a month due to the Covid-19 pandemic.",Finance minister Piyush Goyal today said the government is open to discuss the issues that the Reserve Bank of India (RBI) had raised recently over the lack of powers in regulating state-run lenders.",On this gambling platform, Baccarat brings luxury, Lottery every day creates new opportunities, Po Hu promises big jackpot, Fish Shooter takes you into the deep sea world, Card Game combines intelligence and luck, and Football and Sports stimulate the spirit, attracting players with variety and opportunities to win.⚡,The 30-share BSE benchmark was trading 347.3 points lower at 57,643.81.",FMCG, and bank stocks extended fall today, after RBI increased the inflation projection, and asked banks to set aside a larger part of incremental deposits under cash reserve ratio (CRR) to tighten liquidity in the near term.",Hatya, hatya (murder, murder),” Ahmed told reporters outside the jail.",Sanjay Leela Bhansali is infamous for his short temper but is also hailed as a perfectionist who doesn’t let a single detail slip out of sight while working on his projects. In a recent interaction, Bhansali was asked if he ever lets a shot pass thinking, ‘chal jaega‘ (it will do) and the filmmaker compared such thinking to a “sin.”",Finance Minister Nirmala Sitharaman Friday said the global community must find ways to coordinate on restructuring the debt of vulnerable low-and-middle income countries.",Google has confirmed that its Neighbourly app is expanding in India. In a blog post, the company announced that Neighbourly is available for Delhi and Bengaluru with plans for expansion to more cities on a weekly basis. The app, exclusive to India, was launched in May this year, with the pilot starting in Mumbai.".