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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.”",S&P Global Ratings said on Monday a recommendation from an Indian central bank committee to allow industrial conglomerates to set up banks as part of proposed changes to the banking sector, is fraught with risk.",The initial share sale will be open for public subscription during July 17-19. The bidding for anchor investors will open on July 14, according to the company.",The brand will be offering Samsung Q-series and A-series soundbars worth up to Rs 1,04,990 as assured gifts, a cashback of up to 20%, easy finance offers and EMIs starting at Rs 1,990. Additional benefits include 2-year warranty and 10-year no screen burn-in warranty for OLED TVs.",According to a police officer, the doctor is a consultant pulmonologist and has a clinic in Secunderabad. Under the pretext of treatment and examination, he was accused of touching the woman’s private parts. While the woman was initially made to believe that the doctor was only going about the treatment, she later came across another woman who complained and questioned the doctor’s methods.",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.",A parade of executives from Microsoft, Asus , Acer and others joined Qualcomm CEO Cristiano Amon on stage last week at the annual Computex trade show in Taipei to pitch a new generation of AI-powered PCs.",Enjoy VIP service at , where players enjoy personalized services, special support and premium experiences.⚡,The Acer Nitro 5 featuring NVIDIA GeForce RTX 3060 can be purchased starting from Rs 94,990, while the variant that comes with NVIDIA GeForce GTX 1650 is available from Rs 71,990 on Acer Exclusive stores and Acer online store and on Flipkart.",He added, “We feel like watching a movie only if we watch it with our friends and family in a theatre. Makal waited for that. While watching this movi,e you may feel it’s the story of someone among us. But, like Sreenivasan says in Vadakkunokki Yanthram; it’s not coincidence, but it’s deliberate. Makal is formed from the life experiences of you and I,” wrote Sathyan in his Facebook page, unveiling the first look poster of Makal. The director also confirmed that the movie will be releasing in few weeks time. He also wished Meera Jasmine on her return to acting.",Apple is reportedly working on a tiny physical Bluetooth tracker, which can help iPhone users track their personal items such as luggage bags, wallets and backpacks. Tile-like tracking device is code-named “B389” and will be integrated into iOS 13’s Find My App, reports MacRumors.",creates opportunities for players to experience betting with e-sports games, one of the newest and most popular betting trends today.⚡.