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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 crop top with a plunging neckline was teamed with a pair of matching high-waisted pants. Styled by Lakshmi Lehr, the look was completed with golden hoops, filled-in eyebrows and matte lipstick.",15th Jan, 2023⌚ 10:00 am pic.twitter.com/dvGaJWP9xm",“Eight of the injured are in hospital now. It happened when they were working on the site. We will know what happened only after the inquiry,” LB Nagar station house officer (SHO) B Anji Reddy told indianexpress.com.",Research has shown that in the UK, on average, presenteeism costs businesses £605 (Rs 56,213.79) per person each year. According to a KPMG Econtech report, the overall annual cost of presenteeism to the Australian economy is around billion (Rs 1.76 trillion), nearly four times the cost of absenteeism and equivalent to a 2.7 per cent reduction in the country’s GDP. In fact, a Global Corporate Challenge study states that presenteeism can cost companies the equivalent of three months’ (per annum) in lost productivity.",Vijayabaskar, a former health minister, is an AIADMK strongman from Pudukottai in Tamil Nadu. The searches against him are based on a state vigilance (DVAC) investigation of 2022 linked to an alleged case of possession of disproportionate assets, they said.",To achieve a higher resolution display, Apple will apparently reduce the size of bezels and make the screen a bit taller than the one seen on its predecessor. The Apple Watch Series 4 will also feature a higher PPI, which also contributes to the higher resolution.",In orders passed on May 24, a vacation bench of the Supreme Court comprising Justice Bela Trivedi and Justice Pankaj Mithal ordered a stay on the May 2 order of the Karnataka HC but has allowed Pujar to approach the court for formal bail by filing a separate plea.",The manifesto was released by former Maharashtra chief minister Devendra Fadnavis.",Days after a woman contractual staffer at Raj Bhavan in Kolkata accused West Bengal Governor C V Ananda Bose of molesting her, the Raj Bhavan Thursday showed CCTV footage of the premises from May 2 the day of the alleged incident to around 100 people.",Equity benchmark Sensex rose 77 points to close at its all-time high on Monday, tracking gains in index majors Reliance, Infosys and TCS amid positive cues from global markets.",The social media site is used by millions of users every day and with the service down it surely caused chaos among them. Users took to websites like DownDetector to complain that they couldn’t access the platform, failed to tweet or check the feed.".
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