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Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020.",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 technology was piloted at one of the elevators at the departure level. The users of that elevator could wave their hands closer to the sensor to call the elevator. Once inside, they could point their finger towards a floor number as a command for a designated floor.",Also Read | Bobby Deol calls himself a ‘broad-minded’ person for never stopping his wife from working, says he didn’t want to repeat dad Dharmendra’s mistakes",South Korea’s first domestically produced space rocket reached its desired altitude but failed to deliver a dummy payload into orbit in its first test launch on Thursday.",provides betting instruction and training programs, helping players improve their skills and understanding of various games.⚡,The Premier League is partnering with French fantasy sports platform Sorare to sell non-fungible tokens (NFTs), a sign that the sporting world is continuing to embrace digital assets despite the rout in markets.",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.",India kept their hopes alive in Asian Games men’s football after a late Sunil Chhetri penalty gave them all three points against Bangladesh at the Xiaoshan Sports Center Stadium on Thursday. The win came less than 48 hours after a 5-1 defeat to China in which the Indian players, who had landed in Hangzhou the night before, gave up four goals in the second half. Thursday’s win ensured that India have their fate in their own hands – a positive result against Myanmar will ensure a spot in the pre-quarters of the continental event.",German luxury car maker Mercedes-Benz on Tuesday reported record sales in India at 4,697 units during the first quarter of 2023, a 17 per cent growth over the year-ago period, with its top end vehicles priced above Rs 1 crore seeing accelerated growth. Mercedes-Benz India, which had sold 4,022 units in the same quarter last year, launched its hybrid AMG GT 63 S E Performance model with price starting at Rs 3.3 crore (ex-showroom Delhi) as part of its strategy to accelerate sales of top end vehicles (TEVs).",Despite its rich history, is still the bookmaker sought after by many bettors, proving its reliability and undeniable quality.⚡,In a regulatory filing, Reliance said Future Group companies comprising Future Retail Limited (FRL) and other listed companies involved in the scheme have intimated the results of the voting on the scheme of arrangement by their shareholders and creditors at their respective meetings.".