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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.”",Paris St Germain (PSG) will kick off their quest for a maiden Champions League trophy in a strong Group F featuring Borussia Dortmund, AC Milan and Newcastle United following the draw on Thursday.",The top-ranked Serb, who hopes to defend his title at the Australian Open and win a men’s record 21st Grand Slam singles title, was denied entry when he arrived at Melbourne’s airport on Wednesday and was still in an immigration detention hotel awaiting a court hearing scheduled for Monday to challenge his deportation.",Director James Mangold says movies often become about beautiful people who are “just like Teflon”. That’s why the filmmaker likes to put his characters in “crisis” to drive the drama, something he did with Hollywood royalty Harrison Ford in “Indiana Jones and the Dial of Destiny“.",Although gossip has long been a staple of Bollywood culture, the Rekha-Amitabh Bachchan-Jaya Bachchan love triangle stands out as one of the most notorious and enduring scandals in the industry’s annals. Though rumors have been rife since the mid ’70s, none of the parties involved ever explicitly confirmed such speculations.",Movie making is hard and testing, but those who have worked in films bankrolled by Pooja Entertainment, claim that waiting for their unpaid dues by the production house is soul crushing. They have let go of their houses, endlessly waited for credit messages, made frantic calls while recovering from hospitals, but are yet to be paid for their work, which they put in to mount some of the biggest films of producer Vashu Bhagnani in recent times. The production house’s last release was Akshay Kumar-Tiger Shroff-Starrer Bade Miyan Chote Miyan.",The Charge Around Australia project will power a Tesla electric car with 18 of the team’s printed plastic solar panels, each 18 metres (59 feet) long, rolling them out beside the vehicle to soak up sunlight when it needs a charge.",The fund-raising committee of the Board of Directors approved the allotment of 54.11 lakh equity shares of face value Rs 2 to eligible investors at a price Rs 924 per share (including premium of Rs 922 per equity share), the company said in a release.",WhatsApp is testing the disappearing photos feature, which will reportedly be rolled out soon. The messaging service already lets you send disappearing messages. WaBetaInfo has shared the screenshots of the feature, which suggest that a photo will disappear once the receiver opens it and leaves the chat.",When Lt Gen Upendra Dwivedi assumes the role of Chief of Army Staff (COAS) on June 30, he will be the first officer from the Jammu and Kashmir Rifles (JAKRIF) to hold that position. This is significant for the erstwhile princely state, and now a Union Territory, of Jammu and Kashmir because the regiment has a direct lineage with the former royal house of the Dogra rulers of Jammu and Kashmir.",After 27 years of marriage, Melinda Gates and Bill Gates called off their marriage in May 2021. Now, Melinda French has opened up about her divorce with the Microsoft co-founder in an interview with CBS Mornings.",The 16 x 16 inch (40 x 40 centimeter) painting is signed and dated in the year 1919. It is believed to be a study for the stage curtain Picasso painted for a ballet of the same name that debuted that year in London, according to the New-York Historical Society. That curtain has been on display at the historical society in New York City since 2015.".