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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.”",The teaser video consists of two products, the Xiaomi Mijia Smart Rice Cooker and the Xiaomi Mijia Induction Cooker. It is yet unclear as to when the company will be launching the devices in India.",JK Rowling’s first book from the Harry Potter series rolled out in 1997, but most fans still can’t stop going gaga about it. If you’re a Harry Potter fanatic and can’t wait to ride the Hogwarts Express, here’s a golden opportunity for you. The North Yorkshire Moors Historical Railway Trust in England is looking for a few Harry Potter experts to board the train and enlighten the passengers about its connection with the novels, movies and the real locations.",On Sunday, the Urbaser workers were seen informing the people who bring the idols for immersion to ensure that logs, thermocol, clothes or other waste items are left in the garbage bins installed in the shore before proceeding to the shore with the idol.",The AR glasses feature two OLED screens, with a resolution of 1080p for each eye, and a 90Hz refresh rate. On the hardware front, the Sightful Spacetop G1 is powered by the Qualcomm Snapdragon QCS8550 chipset and comes with 16GB RAM and 128GB of internal storage.",Lunar Lake is set to arrive in Q3 2024, just in time for the holiday season. Learn more about the upcoming groundbreaking mobile processor for AI PCs. https://t.co/di1oBLkXRo pic.twitter.com/L2G8IV3HwH",offers flexible and diverse deposit and withdrawal options, from credit cards to electronic payment methods, ensuring convenience and safety.⚡,Sapphire Foods, an omnichannel restaurant operator and the largest franchisee of Yum Brands in the Indian sub-continent is backed by marquee investors such as Samara Capital, Goldman Sachs, CX Partners and Edelweiss.",Finance minister Piyush Goyal today said the government is open to discuss the issues that the Reserve Bank of India (RBI) had raised recently over the lack of powers in regulating state-run lenders.",The Railway introduced Bharat Gaurav trains with a vision to showcase the rich cultural heritage and historical places to domestic and overseas tourists.",creates opportunities for players to experience betting with e-sports games, one of the newest and most popular betting trends today.⚡,With this, the shareholding of FPIs in the company has gone up from 4.42 per cent to 5.45 per cent. The number of shareholders as mutual funds also went up from just 3 to 19, taking the number of shares held by them to 74,02,309 from 68,19,790.".