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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.”",Optimus L Series II has several news design elements including,laser cut contour,rear design with pebble-like accents and smart LED lighting on the home button.",Fangfang Yao, a surface hydrologist at the University of Virginia who led the study in the journal Science, said 56% of the decline in natural lakes was driven by climate warming and human consumption, with warming “the larger share of that”.",famous in the betting industry in Asia, is a favorite destination for bettors and players.⚡,The latest fitness watch by MevoFit is IP67 rated, which means it is a water-resistant device and the company claims that the device has a lightweight body. The Thrust fitness watch also comes a gesture control screen which MevoFit claims is functional across all smartphones from Samsung, Apple, Xiaomi, Huawei, Motorola, Lenovo, Oppo, Vivo, OnePlus and LG.",Local residents staged a road blockade and a group of people pelted stones and allegedly damaged the door of the house of the accused. The police had to use mild force to disperse the crowd.",The Reserve Bank said the first pilot of the Central Bank Digital Currency — Digital Rupee (Wholesale segment) will be launched on Tuesday for transactions in government securities.",In the busy lanes of Pune’s Shaniwar Peth, lies a quaint Ganesh temple that is home to an idol with an unusual name – ‘Gupchup Ganpati’. Illuminated by beautiful lights and chandeliers, with several paintings and old photographs on its walls, entering the 132-year-old Varad Ganesh temple is like stepping back in time.",Oscar-winning composer AR Rahman, a regular at the Cannes Film Festival, recently visited the Bharat Pavilion at Cannes 2024 to support the upcoming music documentary, Headhunting to Beatboxing. The film follows the Naga tribe in Nagaland as they experience a musical renaissance. In a recent interview with The Times of India, Rahman shared his insights on India’s growing presence at the prestigious film festival and the importance of global representation. Acknowledging India’s recent achievements, including documentary wins and Grammy Awards, Rahman emphasised the need for improvement in fiction films.",Imports also declined 17.48 per cent to USD 53.10 billion in June.",“There seems to be relentless demand from offshore market and also from carry traders looking to unwind their shorts in dollar-rupee. In the morning expiry related buying pushed the pair higher,” said Anindya Banerjee, Vice President, Kotak Securities Ltd. Oil prices are gaining traction again due to the supply crunch as OPEC members. Libya and Ecuador are suspending oil output amid political unrest. Besides, all eyes are on the G7 meeting for further cues as the member nations are contemplating a new set of sanctions, including a proposal to place a price cap on imports of Russian oil. High demand from the US and relaxation of restrictions in China could further fuel oil prices on the higher incline and act as a major headwind for the domestic currency, said Sugandha Sachdeva, Vice President, Religare Broking Ltd.",Actor Shekhar Suman and his son Adhyayan Suman garnered a lot of praise for their performance in Sanjay Leela Bhansali’s Heeramandi. While the show in a way resurrected Adhyayan’s career, the young actor recently shared in an interview, how seeing the size of his posters reduce was disheartening. Shekhar shared his words of wisdom by pointing out Katrina Kaif’s inspiring journey in Bollywood.".