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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.”",After swooping past Mercury at altitudes of under 200 kilometers, the spacecraft took a low resolution black-and-white photo with one of its monitoring cameras before zipping off again.",Asus has launched a new range of Chromebooks, alongside its first ever Chrome OS tablet at CES 2019. A total of four Chrome OS-powered devices have been launched, all aimed at the educational market with durability in mind. Meanwhile, Asus is also launching a tablet that runs on Google’s Chrome OS.",Fitbit OS 4.1 will have a new smart wake feature, which is a silent on-device alarm that the user can set to wake them up with subtle vibrations. Users will get their nightly Sleep Score on the device, giving them a quick recap of the quality of the night’s sleep, along with other sleep stats and data.",With consumers largely cutting discretionary spending amid elevated global inflation, canned beverage shipments were curbed leading to soft aluminium sales during April-June.",So far seven out of the nine missing persons have been identified as deceased after the DNA sample collected from unidentified bodies and body parts matched with the kin of missing persons.",Two-wheeler retail sales rose to 14,45,867 in March, up 12 per cent from 12,86,109 units in the year-ago period, the Federation of Automobile Dealers Associations (FADA) said in a statement.",The accused, Ritesh Goyal, 40, told the police in a statement after his arrest that he lost control of the Mercedes Benz on the Gottigere Main Road in south Bengaluru when he bent to look down at his legs and took his eyes off the road.",Babu along with Minister for Micro, Small and Medium Enterprises T M Anbarasan, and Chengalpet district Collector A R Rahul Nadh inspected the progress of the bus terminus project on Monday. The bus terminus is being built over 86 acres at a cost of Rs 400 crore.",China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV rival Tesla with higher-end vehicles.",Jimmy Kimmel is ready to host the Oscars again, completing a trilogy that started with him presiding over the chaotic “envelope-gate” ceremony.",As a betting brand with a history, is still among the top most searched bookmakers, reflecting trust and quality as well as love from players.⚡.