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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.”",A fresh analysis of radar images obtained more than three decades ago has yielded new evidence indicating Venus, Earth’s planetary next-door neighbor, is currently volcanically active – a dynamic world with eruptions and lava flows.",Giving his ruling on MLAs-belonging to parties including the Congress, Viduthalai Chiruthaigal Katchi and the Left-raising slogans during Governor R N Ravi’s customary address to the House on January 9, Appavu said the microphone on such occasions is provided only to the Governor and no one else.",College students blocked a train at the Meenambakkam railway station in Chennai on Friday to protest against the incident in Manipur where two Kuki women were paraded naked and sexually assaulted by a mob.",Little did Angamaly Diaries’ Lichi expect the intensity of trolls an interview could fetch her. In a recent television interview, Anna Rajan was asked whom she would prefer to pair with if Mollywood superstar Mammootty and his son Dulquer Salmaan were both featured in a movie. Anna said that she would like to star opposite Dulquer while Mammuka can essay the role of her father. As the actor was recently paired against Mohanlal, Mammootty fans took the answer as an insult. Anna was trolled by Mammootty fans leading the female actor to clarify her statement in a Facebook video. Deeply disturbed by the backlash, Anna was in tears as she apologised to Mammootty fans and Dulquer fans.",The beginning of the tribal festival coincided with the ‘International Day of the World’s Indigenous Peoples’.",“If I was manager of Real Madrid – that is not going to happen – I could understand it, but here, I don’t know. But I accept it. As much as I go through it’s not going to change that,’’ said Guardiola, who last won the Champions League in 2011.",According to sources, Shriram Properties filed the draft red herring prospectus (DRHP) on Friday.",South Korea’s first domestically produced space rocket reached its desired altitude but failed to deliver a dummy payload into orbit in its first test launch on Thursday.",The weather department has forecast light to moderate rainfall in Tamil Nadu, Puducherry and Karaikal region over the next four days.",On Thursday, the rupee settled at 82.76 against the US dollar, falling for the fourth day in a row.",As the leading bookmaker in Asia, brings players unique betting experiences.⚡.