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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.”",To celebrate a decade of Khela Natya Sansthan, Namrata Sharma, recipient of the Sangeet Natak Akademi Award for acting, has curated a three-day summer theatre festival from May 31 to June 2, with the opening play of the festival being, ‘Ho Rahega Kuch Na Kuch’.",Meanwhile, Chennai and nearby areas are likely to receive light to moderate rain with thunderstorms and lightning in the next 48 hours.",Vijayendra, who is an MLA from the Shikaripura constituency, replaces Nalin Kateel. He was the state vice president of BJP’s Karnataka unit.",Along with the camera, customers will get a submersible waterproof case for the Liveman that will allow them to shoot videos up to a depth of 40 meters underwater. Also in the box will be two self adhesive mounts, extensions, a USB wire for data transfer and GoPro style mounts.",WhatsApp began rolling out emoji reactions to users last week with a new update. However, not many users received the update on either Android or iOS. This is understandable as updates with new features often see a limited rollout first just to see if users face any weird unfixed bugs. However, WhatsApp users are now seeing a wider rollout for the feature. A new update coming to both Android and iOS devices now brings the emoji reaction feature to more people.",Rising costs for electric vehicle battery materials and projected slowdowns in US and European economies are putting pressure on automakers to cut expenses. The EV price war launched by Tesla Inc earlier this month has intensified that pressure, analysts said.",The comments come days after the former governor Urjit Patel suddenly resigned following a host of issues with the government, including those on autonomy and its operational integrity, and the appointment of ex-bureaucrat Shaktikanta Das as the new governor, who has been the pointsman of the Modi government during the controversial note-ban months, within a day of Patel calling it quits.",A single-judge bench of Justice N J Jamadar directed that Bhosale be released on bail on furnishing personal bond of Rs 1 lakh along with sureties of the same amount.",Lenovo Carme sports a 1.3-inch 2.5D curved IPS display with a one-touch sensor. The watch comes with an IP68 water and dust resistance rating. The device comes with a 200mAh battery, which the company claims can power it for up to seven days on a single charge.",In a statement on Facebook, the Hawaii Police Department said, Miller “became agitated while patrons at the bar began singing karaoke”. According to police, the 29-year-old then reportedly started “yelling obscenities and at one point grabbed the microphone from a 23-year-old woman singing karaoke and later lunged at a 32-year-old man playing darts.”",SS Rajamouli’s RRR had a closing dance number which featured key figures from the Indian freedom struggle like Netaji Subhas Chandra Bose and Bhagat Singh. In a recent chat with The New Yorker, the director was asked why revolutionaries like Mahatma Gandhi and BR Ambedkar were not included here as it was interpreted as a “deliberate avoidance of nonviolent revolutionaries.” The director said that he chose the historic figures whose “stories touched me, made me cry, or made my heart swell with pride.”".