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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.”",Xiaomi backed Yi Technology has its new home security camera, dubbed Yi Home Camera 3. The announcement was made at CES 2019, which is currently happening in Las Vegas. It is priced at (approximately Rs 2,821) and will be made available in the US by the end of January. The company hasn’t revealed details about the international availability of the device yet.",WhatsApp updated its mobile device support blog post to announce the end of support for the Windows Phone platform on December 31, 2019. In this case, the end of support is not limited to lack of future updates but it means that users on this platform will not be able to use WhatsApp anymore.",Written by Callie Holtermann",The Reserve Bank on Tuesday asked all lending institutions, including non-banking financial companies, to ensure that the scheme of waiver of interest on interest for loans up to Rs 2 crore for the six-month moratorium period is implemented by November 5, as decided by the government.",Despite being a long-standing betting brand, still retains its appeal to players thanks to its reliability and top service quality.⚡,The two-day meeting, chaired by Pankaj Agarwal, the ETWG chair and secretary of the Union Ministry of Power, is being held at a hotel near Goa’s capital Panaji.",Coming to private banks, most of India’s private sector lenders have decided to go for the ‘opt-in’ option for their customers and have asked them to inform the bank in case they wish to opt for the three-month moratorium period.",Starliner’s first flight with astronauts is a crucial last test in a much-delayed and over-budget program before NASA can certify the spacecraft for routine astronaut missions and add a second U.S. crew vehicle to its fleet, alongside SpaceX’s Crew Dragon.",Finally, is committed to providing a safe and fair online betting environment, with the highest priority being player responsibility and satisfaction.⚡,After Raveena got out of her vehicle to speak to the crowd, she was allegedly pushed and hit, he said. In the viral video, Raveena is heard saying ‘please don’t hit me’.",Facebook has signed a deal with Spain’s La Liga to telecast all its matches in the Indian sub-continent. All 380 matches of the 2018-2019 La Liga season, which begins Friday, will be available for free on the social networking site in India, Afghanistan, Bangladesh, Bhutan, Nepal, Maldives, Sri Lanka, and Pakistan.".