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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.”",

Disney says that the aerial ballet of these light show drones will be accompanied by specially orchestrated seasonal classic scores. The 300 drones at the airshow will work like a cluster and can be controlled by a single computer.",

Replying to an unstarred question in the Lok Sabha, Sitharaman hit out at the Opposition and said that NPAs were left by the “dozens and tonnes” during the UPA rule."

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By contrast, NASA’s Orion crew capsule with test dummies took five days to reach the moon last month. The lunar flyby mission ended Sunday with a thrilling Pacific splashdown. The ispace lander will aim for Atlas crater in the northeastern section of the moon’s near side, more than 50 miles (87 kilometers) across and just over 1 mile (2 kilometers) deep. With its four legs extended, the lander is more than 7 feet (2.3 meters) tall.",

The wholesale price index (WPI) grew 11.16 per cent during the month of July, while the WPI for June was 12.07 per cent, the data showed. The WPI in August 2020 was at 0.41 per cent.",

President Droupadi Murmu on Monday released a commemorative coin on legendary actor and former chief minister of unified Andhra Pradesh late N T Rama Rao on his centenary year at the Rashtrapati Bhavan Cultural Centre.",

Superhit Malayalam movie Summer in Bethlehem will have a second part. Producer Siyad Kokker announced the sequel of the 1998 movie which had Jayaram, Suresh Gopi, and Manju Warrier in lead roles. Mohanlal also appeared in a cameo role in the movie. Late actor Kalabhvan Mani, Sukumari, and Janardhanan also played pivotal characters."