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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 trailer of upcoming Malayalam film Sara’s was released on Thursday. Billed as an “unconventional” romantic comedy, the film stars Anna Ben and Sunny Wayne in the lead roles.",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.",According to a family member, the woman was allegedly taken away by one Satish Babu alias Satish Babanna on 29 April. Babu was arrested on May 3.",Dr Pavana S., consultant psychiatrist, relationship expert, and sexologist, shares key signs to watch out for:",Step 2: You then need to tap on the hamburger icon, which you will find on the top right side of the screen.",Ever since they were installed in Chandni Chowk during the redevelopment of a 1.3-km stretch, fire hydrants have been plagued by theft and vandalism.",Russian President Vladimir Putin in February signed a law fixing the discount on Russia’s dominant Urals blend of crude oil for tax calculations.",Adipurush’s visual effects have been criticised right from the time when the makers released its first teaser. Since there was a significant backlash towards the visual effects, the makers postponed the release date of the film but judging by the reactions of many fans that have been sharing their opinion on social media, it appears that the VFX department of the film has come under the scrutiny.",James Cameron said that he had taken out a few parts from Avatar: The Way of Water and saved them for the third part, which he is sure will be made and released. Calling these films “hideously expensive”, Cameron said it was a “sketchy business” to make such expensive films even before the pandemic implying that it was more of a risk now. “At this point, we just have to play it out to see what happens. But what I know right now is: we’re delivering three hours of a pretty much insane experience,” he said. The director added, “The market could be telling us we’re done in three months, or we might be semi-done, meaning: ‘OK, let’s complete the story within movie three, and not go on endlessly’, if it’s just not profitable.”",Gujarat Congress president Shaktisinh Gohil said the voters in India have “shattered the BJP’s arrogance” after the saffron party looked set to fall short of the majority mark of 272 on its own and failed to repeat its sweep in the state as Lok Sabha election results in 2024 came out on Tuesday.",Country’s largest lender State Bank of India (SBI) has increased benchmark lending rate or base rate by 0.1 per cent, a move that may be followed by other lenders.".
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