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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 weather department has forecast light to moderate rainfall in Tamil Nadu, Puducherry and Karaikal region over the next four days.",After almost two years, the designer Stéphane Rolland said he felt it was time to get back to an in-person show for his new couture collection.",Buy Now | Our best subscription plan now has a special price",Residents of Chennai, particularly the southern part of the city, and neighbouring areas woke up to unexpected showers of light to moderate intensity on Friday with reports of hail in the Velachery area. The Regional Meteorological Centre (RMC) has now forecast light to moderate rainfall in the state over the next four days.",Days after announcing the nominees for the 94th Academy Awards, the Academy of Motion Picture Arts and Sciences on Monday said that it will introduce a new category at this year’s Oscars — the fan-favourite film. Audiences can vote for their favourite movie of the year on a special website, or by using the #OscarsFanFavorite hashtag.",THE AURAIYA police on Friday arrested six persons, including a station house officer (SHO) and a sub-inspector, and claimed to have recovered around “50 kg silver” from their possession. Three days ago, a Banda-based businessman was waylaid and allegedly robbed of the silver by a group of persons while he was travelling to Auraiya with his family, police said. The suspects intercepted Soni on the pretext of checking his vehicle on June 6.",The company had posted a consolidated profit after tax from continuing and discontinued operations of Rs 170.69 crore in the same period of the last fiscal, M&M said in a regulatory filing.",According to the National Payments Corporation of India (NPCI), PPBL was the top UPI beneficiary among banks in December, with 283.5 crore transactions it received during the month. It had remitted 41 crore transactions in the period. Customers made 144.25 crore transactions on the Paytm Payment Bank App worth Rs 16,569.49 crore in December.",But the main conversation among conference attendees was over how a contract dispute between Arm Holdings and Qualcomm, which work together to make the chips powering these new laptops, could abruptly halt the shipment of new PCs that industry leaders expect will make Microsoft and its partners billions of dollars.",provides fast and professional customer service, with a support team ready to solve all players' problems and queries.⚡,For players concerned about responsible betting, offers support tools and resources, including betting limits and self-control guidance.⚡.