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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 27 years of marriage, Melinda Gates and Bill Gates called off their marriage in May 2021. Now, Melinda French has opened up about her divorce with the Microsoft co-founder in an interview with CBS Mornings.",Aishwarya lodged a complaint at Teynampet police station in February that around 60 pieces of sovereign gold and diamond jewellery have gone missing from her home in Chennai.",Samsung has unveiled the Galaxy Book4 Edge, its first-ever artificial intelligence personal computer with a dedicated Copilot key. Powered by Qualcomm Snapdragon X Elite CPUs, the new laptop is the “next generation of AI PCs”, according to the company.",Novak Djokovic said he hopes to hit the ground running at Monte Carlo having begun preparations for the clay season early after the world number one was forced to skip tournaments in the United States last month.",HP Omen X Emperium display is a giant 65-inch 4K resolution display, which has a resolution of3840  x 2160 pixels, with a 16:9 aspect ratio and a refresh rate of 144 Hz. This is an HDR display peaking at 1000 nits of brightness and is certified at DisplayHDR 1000.",The US-based agency said India’s robust economic growth should support borrowers’ creditworthiness and Axis Bank’s weak loans, or nonperforming loans, could decline to 2.5-3 per cent of total loans by end-March 2023, from 3.7 per cent as of March 31, 2022.",As Adobe explained in a blog post, one can simple share a link to their video or composition with their team, client or any other reviewers, who can then comment and draw on the video. The editors will see their time-stamped feedback directly in on the timeline.",The benchmark equity indices on BSE and National Stock Exchange (NSE) had fallen for the third consecutive day, slipping nearly 1 per cent on Thursday. The S&P BSE Sensex fell 575.46 points (0.97 per cent) to settle at 59,034.95 while the Nifty 50 declined 168.10 points (0.94 per cent) to end at 17,639.55.",The incident happened during the South Indian International Movie Awards (SIIMA) 2023 event in Dubai, where the actor was talking to the media. In a viral video, the actor was conversing with an interviewer on the red carpet when a person abruptly crossed in front of the camera. Frustrated by this, Lakshmi expressed her displeasure by striking the person’s back. When another man tried to block her interview, Lakshmi said, “Go behind the camera dude. Basic.”",The Bengaluru police have arrested five people and allegedly seized narcotics substances including MDMA pills, cocaine and hydro ganja during a raid at a rave party on the city’s outskirts where they claim an actress was among the 101 guests.",Monthoux began this year’s project with modest ambitions six weeks ago but the drought allowed him to build an entire city of spires.".