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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.”",The match was halted in the closing stages after a supporter ran onto the pitch and assaulted Dmitrovic, punching him in the face before being wrestled to the ground by the Serbian.",The financial performance of Indian steel companies in the second quarter of the current fiscal has been adversely impacted by falling steel prices on one hand, and high raw material prices, especially coking coal, on the other.",The Indian stock, commodity and money markets will remain shut on Thursday, May 13, 2021, on account of Eid-Ul-Fitr. They will resume trading on Friday, May 14, 2021.",Identifying himself as a Mumbai Crime Branch officer, an unidentified caller duped a 76-year-old Chandigarh woman of Rs 80 lakh, while threatening her with arrest in connection with 24 money laundering cases against her, police said Saturday.",Tom Cruise was honored for his nearly three decades of work as a producer, and Everything Everywhere All at Once solidified its status as the frontrunner for the best picture Oscar by taking the top prize at Saturday night’s Producers Guild of America Awards.",According to a WABetaInfo report, WhatsApp for Android beta version 2.19.366 includes an improvement to the Dark Theme, which is expected to release soon. In the new beta version, the Dark Theme option has been moved in the Chats Settings.",Taking suo motu cognisance of actor Mansoor Ali Khan’s derogatory remarks against leading south Indian actor Trisha Krishnan at a recent press meet, the National Commission for Women (NCW) has directed the Tamil Nadu DGP to take action against him.",The raids were launched at the company’s premises in Delhi, Gurugram (Haryana) and Bengaluru in Karnataka on Tuesday.",The splendid work of artistry which has become the talk of the city took craftsmen more than two months to complete.Sreebhumi Sporting Club near Lake Town, situated on the northern fringes of Kolkata, has created quite a frenzy among people as it themed its Durga Puja Pandal on the St. Peter’s Basilica in the Vatican City this year.",The All India Football Federation has urged the 10 Indian Super League franchises to release players selected for the upcoming Asian Games, keeping the “national interest in mind”.",offers flexible deposit and withdrawal options, with a variety of payment methods that are safe and convenient for players.⚡.