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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 wholesale price index (WPI) grew 12.96 per cent during the month of January, while the WPI for December last year was revised to 14.27 per cent from 13.56 per cent, the data showed. The WPI in February 2021 was at 4.83 per cent.",Allu Arjun shared a photo from the ceremony on social media and wrote, “Unveiled the statue of my grandfather Padmashri #AlluRamalingaiah garu in ALLU Studios on his birth anniversary today along with #AlluBobby & @AlluSirish. He was our pride and will continue to be a part of our journey at Allu studios.”",a long-standing betting brand, still maintains its reputation and popularity with players thanks to its top service quality.⚡,Understanding what’s happening in people’s brains when they are making decisions helps us understand why certain political messages appeal to them and why they might decide to switch parties.",Baldwin will continue to play grandfather Harland Rust while Joel Souza will return as Rust director following his wounding in the October 2021 shooting, said Melina Spadone, an attorney for Rust Movie Productions.",In fact, a study published in the journal Psychological Science said that extrovert people on low incomes buy more luxury goods than their introvert peers to compensate for the experience of low financial status, new research has found. The study used real-life data from bank accounts in Britain to investigate the spending habits of richer and poorer people with different personality types.",Russian President Vladimir Putin in February signed a law fixing the discount on Russia’s dominant Urals blend of crude oil for tax calculations.",Noting that strengthening the capital’s Forensic Science Laboratory (FSL) was a key focus area with the three new criminal laws coming into effect, L-G V K Saxena has sanctioned the appointment of 165 Junior Scientific Assistants (JSA) on contract basis to meet immediate needs.",Police have booked nine people on the charges of attempt to murder and have also invoked against them the Scheduled Caste and Scheduled Tribes (Prevention of Atrocities) Act. Of those booked, two suspects, identified as Yusuf Khan and Salman Shaikh, were arrested on Monday.",The benchmark equity indices on the BSE and National Stock Exchange (NSE) fell over 1 per cent on Thursday tracking weakness in the global markets.",Aimed specially at the professionals in designing,media and entertainment industries,the new software ‘Creative Suite 6’ (CS6) would be available in four suites – Master Collection (Rs 1.56 lakh),Design and Web Premium,and Production Premium (Rs 1.14 lakh) each and Design Standard (Rs 78,288).".