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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.”",Actor Vishnu Manchu is the new president of the Movie Artists Association (MAA) after defeating rival Prakash Raj in a tightly fought MAA elections 2021.",Ever since they were installed in Chandni Chowk during the redevelopment of a 1.3-km stretch, fire hydrants have been plagued by theft and vandalism.",Three personnel of the state disaster response force (SDRF) died on Thursday after their boat capsized while trying to rescue two men who drowned in the Pravara river in Akole taluka of Ahmednagar district on Wednesday. Search operation is on to find the fourth personnel, who is also feared drowned.",Last week, Google had announced that it is launching a redesigned Google Pay app next year on Android and iOS, starting with the US, and that users will not be able to use the service on a web browser.",PV Sindhu’s latest looks have been extremely chic and fascinating, and it looks like she is not going to stop anytime soon.",This platform provides virtual sports betting games, helping players experience betting in challenging simulated environments.⚡,also offers mobile betting options, allowing players to participate in betting anytime, anywhere, as long as they have an internet connection.⚡,At , players can enjoy special promotions for major events, such as the World Cup or Olympics, enhancing the sports betting experience.⚡,The Netherlands has emerged as India’s third largest exports destination after the US and UAE during April-December this fiscal on account of a surge in shipment of goods such as petroleum products, electronic items, chemicals, and aluminium goods.",Mahatma Gandhi’s contributions towards India’s struggle for Independence need no retelling. The activist, who preached non-violence, emerged as one of the most prominent faces in India’s fight for freedom and his ideals remain relevant even to this day. Several books and articles on the leader have tried to capture his various facets.",The 63-hour block at Thane will be in effect from 12.30 am on May 31 will 3.30pm on June 2. The section will include the UP Slow Line from Kalva (including CSMT end crossovers), to Thane (all crossovers), the DN Fast Line from Thane (all crossovers), to Kalva (all crossovers), and the UP Fast Line from Kalva (all crossovers), to Thane (all crossovers).".