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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.”",This could be the reason why WhatsApp is testing a new limit for its group video calls. The messaging platform is yet to officially reveal the feature. However, WABetaInfo states that the feature will be rolled out to everyone in the new few weeks or so.",In a major boost to the country’s ‘Atmanirbhar Bharat’ initiative, Ramkrishna Forgings Limited and Titagarh Wagons consortium was on Wednesday declared the lowest bidder (L1) by the Ministry of Railways for manufacturing and supplying forged wheels to the Indian Railways.",The Byappanahalli police, who announced the arrests on Tuesday, said the prime accused, Dr Mallikarjun, and his associate Siddesh were absconding. The arrested accused are Shivalingegowda from Mysuru, Nayan Kumar from Mandya, Naveen Kumar from Pandavapura (also in Mandya district) and TM Veeresh of Davangere district. The police have also taken Sunanda, wife of Shivalingegowda, into custody.",When the Barbie doll launched in 1959, she had a limited collection of outfits. But with her growing popularity, she needed a wardrobe to match her success.",As of March 12, 1,116 establishments had yet to meet the requirement that 60 per cent of the space on signboards must contain Kannada text. However, the BBMP is optimistic about achieving full compliance within the next 15 days.",According to reports, the people were required to participate in an online draw, from where the winners were allowed to bring one guest. In total, some 66 passengers boarded the flight that went nowhere. And just like how it is with normal flights, the passengers were required to check-in, following which they were given their boarding passes. They had to pass through security and immigration, before they were allowed to board the flight.",Send the person a voice note.",Google Home Hub will launch along with Pixel 3 XL/Pixel 3 phones and Pixel Slate devices, at the Pixel hardware event set for October 9 in New York.",The 64-and-a-half hour countdown for the launch has begun at 7.11 am on Friday and is progressing smoothly. Everything is on schedule and the launch would take place at 11.41 pm tomorrow,” Indian Space Research Organisation (ISRO) spokesman Deviprasad Karnik had said on Sunday.",Shares of Macrotech Developers on Monday made a tepid market debut, listing with a discount of over 10 per cent from the issue price of Rs 486.",The figures will be disappointing for Sunak who has been accused by the opposition Labour Party – which is far ahead in opinion polls – of overseeing “Rishi’s recession”.".