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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.”",Bengaluru on Saturday reported its first confirmed case of a death due to dengue since January amid a recent spike in cases, a senior official said.",Barcelona wish to thank Xavi for his work as coach, as well as for his inimitable career as a player and as team captain, and wishes him every future success in the world.",This vacation season, Europe seems to be on everyone’s bucket list. From Arjun Kapoor and Malaika Arora, to the Pataudi and Kapoor families, B-town seems to be liking Europe and its many picturesque locations. The latest celebrity to join the list is Karishma Tanna and her husband Varun Bangera.",Thousands of commercial satellites are being launched into Earth’s orbit at a record pace, driving up the risk of collisions that could spawn swarms of hazardous debris. And with no set norms for military space behavior, some fear a potential space weapon attack that could generate far more debris.",The bank board, in a meeting earlier today, decided dividend of Rs 14 per share for FY23, as compared to Rs 8.50 per share for FY 2021-22.",In this ceremony, eight bullocks pulled four carts from Doddapete Square in four directions, marking the foundation of the city’s main streets. The city’s first-ever ceremonial re-enactment aimed to honour Kempe Gowda’s contributions and the cultural roots that have shaped Bengaluru into a vibrant metropolis. Furthermore, attendees and visitors at Doddapete Square were entertained with the traditional Janapada Kunita folk dances, showcasing the state’s cultural diversity through engaging performances.",Rajiv Gandhi assassination case convict Nalini Sriharan has approached the Supreme Court seeking early release from prison.",Shruti Haasan recently revealed details about her relationship with boyfriend Santanu Hazarika. On Mandira Bedi’s show The Love Laugh Live Show, she said that the two developed a strong connection through art and other similar interests.",Former Pakistan captain Shahid Afridi has compared the India-Pakistan to the “Super Bowl.” Team India, led by Rohit Sharma, will take on Babar Azam’s Pakistan at the Nassau County International Cricket Stadium in New York on June 9.",However, director Rahul and actors Sidharth Bharathan and Arjun Ashokan recently revealed that the atmosphere on the set was nothing like that depicted in the movie, a horror-thriller set in the middle of a tropical forest. “The entire set would go silent as soon as Mammookka (Mammootty) arrived,” Rahul told Manorama Online, to which Sidharth added, “But it would return to its original state soon after.” “The atmosphere on the set was as if we were making a comedy film,” Rahul said, laughing.",Against England Babar and Rizwan have put on a 59-run stand at the Oval. With that, they have crossed 50 runs for the first wicket 24 times as a pairing going past the Kohli-Gayle record who have done the feat 23 times. In addition to that Babar has become the first Pakistani player to go past the 4000 run-mark and is only behind Kohli in most runs scored in T20Is.".