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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.”",For the event, Deepika graced the red carpet in a stunning peacock blue Benarasi sari, sourced from her preferred designer, Sabyasachi. The rich blue fabric was adorned with intricate golden floral threadwork, providing a striking contrast. While a sari of this calibre typically doesn’t require an elaborate border, it’s Sabyasachi’s touch that sets it apart. The broad borders featured detailed floral patterns, enhancing the overall design.",Facebook has revealed that it removed nearly 1.5 million videos of the Christchurch mosque shootings in which 50 people were killed and another 50 people injured, after a gunman opened fire on worshippers on Friday, March 15 at two mosques in New Zealand. The attacker also live-streamed part of the attack on both YouTube and Facebook.",Canara Bank said it is taking necessary steps for smooth functioning of bank branches and offices on the days of the proposed strike.",So while ‘vegetarianism’ and ‘environmentalism’ lead their sustainability interests, ‘gardening’ and ‘veganism’ follow closely after. As such, if you are a green warrior, looking to connect with fellow green warriors and spark conversations on the app, you may have to tweak your bio just a bit.",However, the trailer provides a better view of their world and shows that everything is not well in Janaki and Unni’s lives. The trailer which begins with Unni Mukundan and his family visiting Janaki’s house with a marriage proposal, soon cuts to their wedding day and then their marital life. Though Unni was confident that he would be able to handle Janaki’s fears, we are soon shown that it is more serious than what he had anticipated. Meanwhile, things start falling apart when a series of unprecedented incidents happen in their life.",It was around 3 am on Saturday. Around 10 men, working the last shift, were roasting pulses over a burner on the second floor of a factory. Next to them, a CNG pipeline had been leaking gas. Within minutes, a fire broke out and a compressor used to peel pulses exploded the impact was so strong that one side of the factory was destroyed, flinging rubble and steel across the road. Three men were killed in the incident.",Adani group’s flagship entity Adani Enterprises fell for the second consecutive day on Friday as domestic equities closed in red amid renewed concerns over rate hikes. While many of the Adani group stocks extended losses today, many companies’ stocks were also locked in the upper limit circuit.",The Aligarh temple has also prohibited entry of non-Hindus. Even as the posters were later removed, the managing committees at both places claimed that these (posters) would be put up again in a “bigger format and with better wording.”",TechCrunch points out that to enable the feature, parents will have to turn on the setting that will create a four-word passphrase that can be used to generate contact requests. The connection request will be sent directly to the parents and they will have to provide the four-word passphrase to their Messenger Kids friend. TechCrunch cites that both parents will receive a contact request from their child and both will have to approve the request before the kids can begin a conversation. Apparently, the four-word passphrase will only be visible to the child in the Messenger Kids app and parents will find in the Parent’s Portal, as per the report.",Firouzja was staring down the barrel at one stage but as GM David Howell pointed out on Chess dot com’s live broadcast, he found 20 consecutive top moves (moves that the engine suggests are the best moves), including a few “only” moves, just after crossing the time control where his time had withered down to just a minute with 10 seconds being added with each move. Thanks to his resolute defending in the classical game, Firouzja held on for a draw.",The Government on Tuesday introduced a bill in Lok Sabha which seeks to protect the interest of small depositors by bringing cooperative banks under the RBI regulations.".
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