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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.”",NDTV on Thursday sought to block tycoon Gautam Adani’s move, saying its founders Prannoy and Radhika Roy have since 2020 been barred by the Securities and Exchange Board of India (SEBI) from buying or selling shares in India’s securities market. NDTV said a deal between the Roys and Adani would require approval from SEBI, the market regulator.",India’s largest public sector bank State Bank of India (SBI) has been offering its Annuity Deposit Scheme wherein the depositor can get a monthly amount after they deposit a one-time lump sum. According to the details available on the bank’s website, the depositor needs to pay a one-time lump sum amount and to receive the same in Equated Monthly Instalments (EMIs).",The raids were launched at the company’s premises in Delhi, Gurugram (Haryana) and Bengaluru in Karnataka on Tuesday.",At a large number of polling stations in the state, with the exception of senior citizens like Khan and daily wage workers, a majority of electors began queuing up only after 8 am.",With watchOS 5.1.2 and iOS 12.1.1, Apple has started rolling out what will be a unique feature on the Watch Series 4. However, the ECG and irregular heart rhythm detection are only rolling out to the US. Keep in mind Apple needs to get clearance in every other country, where it plans to roll out the feature.",“There are apps which are coming out and reaching out to people saying … your money will fetch you this much, many of whom are ponzi apps, on which we are working with the Ministry of Electronics and Information Technology (Meity) and the Reserve Bank of India (RBI), clamping down on them like never before. (We can’t allow) those ponzi apps taking away peoples’ hard earned money,” she said at an event organised by Thinkers Forum Karnataka in Bengaluru.",Paaraa is a stirring call to action, reminiscent of the patriotism that Kamal Haasan’s character embodied in the original Indian film. The track is designed to evoke a sense of national pride and resistance against colonial oppression, which is the theme of the film. Anirudh Ravichander’s composition for Paaraa combines traditional Indian musical elements with a modern cinematic sound, a typical trait of his compositions.",Billionaire Elon Musk waded into online conversation about the new film Barbie by posting a tweet that appeared to mock the film’s feminist themes. Musk joins a legion of conservative voices who’ve passionately criticised the film, even as it breaks box office records worldwide.",Status shared to Facebook will also disappear after 24 hours from the time they have been reshared. Another thing to note that Facebook Stories will continue to show until deleted even if a user decides to delete their original WhatsApp Status. So, how to share WhatsApp Status to Facebook Stories?",Physical distancing of two metres about six and a half feet may not be enough to sufficiently prevent transmission of virus-carrying airborne aerosols indoors, according to a study.",According to reports, the people were required to participate in an online draw, from where the winners were allowed to bring one guest. In total, some 66 passengers boarded the flight that went nowhere. And just like how it is with normal flights, the passengers were required to check-in, following which they were given their boarding passes. They had to pass through security and immigration, before they were allowed to board the flight.".