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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.”",New films by Wes Anderson, Alice Rohrwacher, Hirokazu Kore-eda, Todd Haynes and Wim Wenders will compete for the Cannes Film Festival’s coveted top honor, the Palme d’Or, as will a record number of films directed by women. Cannes artistic director Thierry Frémaux and president Iris Knobloch, who took over the post last year from Pierre Lescure, announced a lineup heavy on big-name international auteurs, along with some new faces, in a press conference on Thursday in Paris.",I was always worried because people who worked for me were older than me and had kids, and I always thought, ‘What if we don’t get paid? Will I be able to meet the payroll?'” he later explained.",The rover last week beamed home photographs of its first wheel tracks on the Martian soil since its daredevil landing.",For the BJP, Union ministers Rajnath Singh, Nitin Gadkari, Smriti Irani, and Piyush Goyal addressed voters in different parts of the city. Earlier, Prime Minister Narendra Modi apart from Uttar Pradesh Chief Minister Yogi Adityanath, Uttarakhand Chief Minister Pushkar Singh Dhami, and Goa Chief Minister Pramod Sawant campaigned in the Capital over the past few days. The BJP’s campaign culminated with a series of social media posts on vikas (development) versus vinash (destruction), depending on whether it is voted back to power or not.",The court directed the office to register this letter as a public interest litigation (criminal). The court also directed to issue notices to the Union of India through its secretary, Ministry of Railways/Railway Board; the director general of Railway Protection Force (RPF); the state of Uttar Pradesh through its secretary; the Ministry of Home and State Commission for Women, Uttar Pradesh.",Lots of people thought Welch was weird when he started doing this 12 years ago, opting to ditch the cheapest items on the sales rack in favour of maximizing the value of his purchases over the span of their lifecycles. But with inflation still a nagging problem, more shoppers are coming around to his way of thinking.",On Thursday, the rupee settled at 82.76 against the US dollar, falling for the fourth day in a row.",The U.S. Tennis Association is warning folks: “No Bryan Brothers chest bumps.”",a betting brand with a long history, still maintains its attraction and reputation in the hearts of players, thanks to constantly improving service quality.⚡,While exact specifics are missing, it’s largely believed that the Surface Swift could go on sale in the US in October, but the international launch would happen in December or January next year. This could be the same affordable laptop that was previously leaked by Windows Central.",Ahead of the Assembly elections in Punjab in 2017, Bhagwant Mann, who was then an MP, had come up with his own version of Kikli kaleer di… a traditional folk song to target the Shiromani Akali Dal and the Badals on various issues including drug menace, law and order and governance. On Tuesday, Mann came up with Kikli 2.0 to again target SAD chief Sukhbir Singh Badal in particular.".