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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.”",Said an official, “We will question the hospitals where the newborns were initially admitted and if they checked the credentials of the Vivek Vihar hospital before referring the patients there.”",The poll panel has also laid emphasis on special arrangements that would be made at the counting centres for poll personnel.",Public sector banks disbursed a record Rs 4.91 lakh crore of loans during the festive month of October and November, the finance ministry said on Tuesday.",Doctor Strange in the Multiverse of Madness is all set to release in Indian theatres on May 6, and even before the film’s release, it has apparently earned Rs 10 crore in the domestic market via ticket sales. In a unique move, the film’s advance booking started a month before its release and with almost 10 days left for its release, the film is already minting money at the box office, as per the studio.",SS Rajamouli directorial RRR, starring Telugu stars Ram Charan and NTR Jr in the lead, made history when it won an Oscar in the Best Original Song category for its dance track “Naatu Naatu.” Recently, the filmmaker opened up about the team’s months-long Oscar campaign, and how Oscar buzz doesn’t only bring honour to films, but aids significantly in the country’s progress at large.",Also Read: Anushka Sharma makes first appearance post son Akaay’s birth at RCB match, Virat Kohli sends flying kisses. Watch",Fintech firm BharatPe on Tuesday said it has elevated its interim CEO and chief financial officer Nalin Negi as full-time chief executive officer. Negi was given charge of interim CEO in January 2023 after then CEO Suhail Sameer stepped down from the post.",Lenovo claims that the ThinkPad P43s is amongst the smallest and lightest portable workstations available today. It comes with a WQHD 2560 x 1440 500-nit display that supports 100 per cent Adobe colour gamut and Dolby Vision HDR technology. It supports up to 2GB DDR5 NVIDIA Quadro P520.",Dr. Patar is survived by his sons, Manraj Patar and Ankur Patar, the latter flying in from Australia for the cremation scheduled on Sunday. Born in Patar Kalan village of Jalandhar,",The Election Commission of India (ECI) on Thursday sought a report from the Punjab chief secretary on the Vigilance Bureau (VB) registering a case related to the construction of the Jang-e-Azadi Memorial at Kartarpur in Jalandhar.",In July 2021, the Securities and Exchange Board of India (Sebi) asked all existing eligible trading and demat account holders to provide choice of nomination on or before March 31, 2022, failing which the trading and demat accounts would have been frozen for debits.".