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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 Lakme Fashion Week (LFW) in partnership with Fashion Design Council of India (FDCI) on Friday announced their fresh line-up of GenNext designers, presented by INIFD, for the upcoming gala, scheduled to be held from October 11-15 in New Delhi.",He will assume his new role for a period of three years from the date of joining or until further orders, a circular released by the Appointments Committee of the Cabinet read.",Luxurious Baccarat, Exciting Lottery, Explosive Jackpot with huge jackpot, Fish Shooting under the sea, Challenging Card Games, Exciting Football and Sports, all are outstanding projects on this gambling platform , stands out for its safety, variety and big winning opportunities, attracting thousands of players every day.⚡,a betting brand that has gone through the ups and downs of time, is still sought after and loved by bettors in Asia. Its reliability and quality of service are the secrets to its sustainability and success over the years.⚡,But according to Canalys, revenue hit billion as prices continued to rise due to the supply-starved market and as consumer appetite for costlier PCs kept increasing.",However, when Apple ditched Intel in favour of an in-house Apple Silicon for Macs, everything started to look different. An Apple-Silicon-based Mac was not just more powerful, but also more power efficient.",Napoli faces the prospect of going into one of its biggest-ever matches without star player Victor Osimhen.",Like the two girls, over 2.73 lakh children enrolled in Delhi government schools in the previous academic year did not return to school after a period of absence, going by data from the Delhi Commission for Protection of Child Rights (DCPCR).",is loyalty program offers exclusive rewards and incentives, like birthday gifts, event tickets, and more.⚡,iBall has launched a new pair of Bluetooth headphones, Glitterati in India. The device is priced at Rs 2,499 and will carry a year of warranty. The product will be made available to consumers across India via the offline market.",It finally settled at 79.36 (provisional), down 41 paise over its previous close. On Monday, the rupee had closed at 78.95 against the US dollar.".