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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.”",Subscribers or pensioners opting for higher pension will get three months to give their consent for diverting additional contributions or dues under the Employees’ Pension Scheme (EPS) run by the Employees’ Provident Fund Organisation (EPFO), stated a circular on Thursday.",Chinese tennis star Peng Shuai has told a Singapore newspaper that she never said she wrote of having been sexually assaulted, despite a November social media post attributed to her that accused a former top Communist Party official of having forced her into sex.",Acer Switch 7 Black Edition",The Gujarat High Court has ordered Ashwani Kumar, principal secretary, Urban Development Department, for an exhaustive fact-finding inquiry to find out the fault of erring officials of Rajkot Municipal Corporation (RMC) in light of the Rajkot TRP gaming zone fire.",Binance’s Cyprus unit on Wednesday applied to be removed from Cyprus’ register of crypto asset service providers.",In his police complaint, he said he joined the WhatsApp group, ‘Stock Profit Tips and Strategies’, through an invite link, where Singh would give NSE stock calls that offered high returns. On May 5, Singh asked the group members to register with a SEBI-registered international hedge fund. “… I opened a ‘trading’ account (using another link) on May 6, with an amount of Rs 30,000…,” Kumar alleged in the FIR.",Stock markets started the trade on a positive note on Wednesday, continuing their previous day’s rally, in line with a firm trend in global equities.",Sonali recounted the initial signs that prompted her to seek medical attention. She felt something was amiss and upon visiting the doctor, the diagnosis revealed a more serious situation than initially anticipated. Sonali said, “I could see it on the doctor’s face. When they did the PET scan, my doctor’s and husband Goldie Behl’s faces were white. I saw all the colour fading away from their faces.”",The Premier League has referred Manchester City to an independent commission over more than 100 alleged breaches of finance rules since the club were acquired by the Abu Dhabi-based City Football Group.",With a rich history, constantly proves its appeal by always being among the most sought after bookmakers, demonstrating its prestige and top quality.⚡,“The accused said his right hand was injured while cutting iron rods fitted in the walls. As the blood started oozing out of his hand, Shahrukh went to the other portion of the building and found a piece of cloth inside the kitchen. He cleaned the wound with the cloth and then threw it on the stairs,” said a police officer.".