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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.”",John Brooks – who was responsible for Brighton’s Pervis Estupinan having a goal wrongly disallowed for offside at the weekend. pic.twitter.com/NSzhtX1Xb1",creates opportunities for players to experience betting with e-sports games, one of the newest and most popular betting trends today.⚡,Rising costs for electric vehicle battery materials and projected slowdowns in US and European economies are putting pressure on automakers to cut expenses. The EV price war launched by Tesla Inc earlier this month has intensified that pressure, analysts said.",Reddy stated that the railway ministry has sanctioned Rs 13.95 crore for a final location survey (FLS) for the project estimated to cost around Rs 26,000 crore. According to him, the details of the project have already been shared with the state government and 99 per cent of the preparatory works regarding the route map have been completed. Fifty per cent of the cost of land acquisition for the project would be borne by the union government, he said, adding that the state government has also allocated Rs 500 crore for the same.",In an embarrassment to the Opposition BJP in Karnataka, senior MLA Basangouda Patil Yatnal on Tuesday alleged irregularities to the tune of Rs 40,000 crore in Covid-related procurement during BJP rule in the state. He also accused the Congress government of trying to cover up the scam.",Israel researchers have come up with a computer stimulator,‘Parkagent’ that will aid in overcoming real-life parking challenges and offer a more proficient way to park.",Last week, Google had announced that it is launching a redesigned Google Pay app next year on Android and iOS, starting with the US, and that users will not be able to use the service on a web browser.",With the pandemic caseload remaining over 2.5 lakh for the second day, a report has warned of the grim economic scenario as with even limited restrictions on people’s movement and some businesses, power consumption and e-way GST bill collections are already down.",The in-charges of health facilities have also been asked by the civic body to submit an action taken report by May 31.",I’m more handsome than Kylian. I don’t look like a ninja turtle,” he said in the pre-match press conference before France’s opening match against Austria on Monday.",So executives at Facebook are rethinking the feed entirely.  For users, this means get ready to be flooded by more Reels, even from those who you don’t follow.  This is similar to how Facebook began copying Snapchat as the latter started growing rapidly but the stakes could be even higher this time.".