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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.”",Apart from Nifty Midcap Select, all broader market indices closed in green, while India Vix soared 4.96 per cent. Nifty Midcap 100 gained 0.49 per cent, Nifty Midcap 150 climbed 0.47 per cent, Nifty Smallcap 50 gained 0.44 per cent, and Nifty Largemidcap 250 jumped 0.42 per cent.",Williams,who had cast her vote through the absentee ballot in the US presidential elections,said youths should participate in electoral democracy.",Never have we walked away from investing in India, never have we slowed our investments,” he said. “We believe our scale, our diversified business, and our track record of performance positions us very strongly to continue to perform well in a variety of market conditions.” The success of the Adani Group, he said, is based on its alignment with the India growth story.",The Chief Minister, who received Rahul Gandhi at the Land’s End, presented him with a pink shawl and joined him in a prayer meeting at the Gandhi Memorial ahead of the launch of the nation-wide padayatra.",The ED will look into possibilities if Abbas’s wife Nikhat Bano was helping her husband in any way that might affect the evidence in the PMLA case against him being investigated by the agency, sources said.",German third seed Alexander Zverev capitalised on an error-filled performance from Carlos Alcaraz to tame the high-flying teenaged Spaniard 6-4 6-4 4-6 7-6(7) on Tuesday and reach a second straight semi-final at the French Open.",Two students from Gujarat have made it to the list of a record 67 undergraduate students who secured the perfect score of 720 as the National Eligibility cum Entrance Test (NEET) results were announced by the National Testing Agency (NTA) on Tuesday. All of these 67 students secured the first rank with a score of 99.997129 percentile.",Rakul Preet Singh showed us a brand new way of elevating the basic LBD, and we absolutely love the structural, signature Amit Aggarwal voluminous sleeves.",State Bank of India has waived charges on NEFT and RTGS transactions through internet and mobile banking from July 1, after the RBI decided to do away with the charges with an aim to move the country towards less-cash economy.",The union produced two children Claude and Paloma Picasso. But unlike the other key women in Picasso’s life wives or paramours Gilot eventually walked out. “He never saw it coming,” Engel said of her mother’s departure. “She was there because she loved him and because she really believed in that incredible passion of art which they both shared. (But) she came as a free, though very, very young, but very independent person.”Gilot herself told The Guardian newspaper in 2016 that “I was not a prisoner” in the relationship.",A government release on Saturday said 27 bodies had been recovered from the site of the gaming zone. The FIR filed in the wee hours of Sunday, though, claimed that 28 people had been killed.".