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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.”",Akshata dressed up in a fusion outfit and channelled her Indian roots with a traditional floor-length maxi skirt complemented with a crisp white shirt.",At Computex 2024, Acemagic showcased its new dual-screen laptop with an unusual design. Unlike most dual-display laptops that come with a vertically-stacked screen, the Acemagic X1 features a 360-degree horizontally folding dual-screen design.",India’s beloved mango delicacies have garnered global acclaim, with two of the country’s iconic preparations securing coveted spots on TasteAtlas’ list of the best dishes with mangoes worldwide. ",Movie making is hard and testing, but those who have worked in films bankrolled by Pooja Entertainment, claim that waiting for their unpaid dues by the production house is soul crushing. They have let go of their houses, endlessly waited for credit messages, made frantic calls while recovering from hospitals, but are yet to be paid for their work, which they put in to mount some of the biggest films of producer Vashu Bhagnani in recent times. The production house’s last release was Akshay Kumar-Tiger Shroff-Starrer Bade Miyan Chote Miyan.",However, a follow-up commit shows that “cheza” is actually a board overlay for a reference device powered by the Snapdragon 845 SoC. The several references to the name “chipset-qc845” are a big clue that this board overlay is for the latest Qualcomm SoC in question,” the report reads. Reference to ‘rk3399’, an ARM-based chip used in Samsung Chromebook Plus was also spotted.",On the Sensex pack, automakers Maruti Suzuki India and Mahindra & Mahindra (M&M) were the top drivers on Thursday followed by Asian Paints, Bharti Airtel, Tata Consultancy Services (TCS), Wipro, Sun Pharmaceutical Industries, Hindustan Unilever (HUL) and ICICI Bank. In contrast, Reliance Industries (RIL), Power Grid Corporation of India and NTPC ended lower.",Inflows into Indian equity mutual funds jumped over 25% sequentially to 156.86 billion rupees (.91 billion) in February, the highest in nine months, data from the Association of Mutual Funds in India (AMFI) showed on Friday.",WhatsApp said the fine was “entirely disproportionate” and that it would appeal. Still, the Irish fine is significantly less than the record 6.6 million euro fine meted out to Amazon by the Luxembourg privacy agency in July.",According to MacRumors, the tech giant shared an internal memo with Apple Authorised Service Providers saying that a fix for the watchOS 10.1 battery drain issue is “coming soon.” The report goes on the say that Apple is still unable to understand what is causing the battery drain in a few hours, how many people are affected by the problem and which models are experiencing the issue.",The company simultaneously announced plans to soon launch world’s first ever wireless charging tablet,the ‘ICE Xtreme- II’,and a pico computer to transform regular LED/LCD TV sets into smart computing devices.",Domestic equities traded in negative on Tuesday, as fall in HDFC twins and Reliance Industries weighed on the key indices. S&P BSE benchmark Sensex plunged 413.24 points, or 0.66 per cent today to close at 61,932.47, while broader NSE Nifty 50 closed 125.70 points, or 0.68 per cent down at 18,273.15.".
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