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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.”",Share Market Today in India: The topline equity indices on the BSE and National Stock Exchange (NSE) settled over 0.25 per cent following a volatile session on Thursday on hopes of policy continuity after election trends indicated the ruling Bhartiya Janata Party (BJP) would retain power in the key state of Gujarat.",At the interbank foreign exchange market, the local currency opened weak at 79.90 and moved in a range of 79.78 to 79.92 during the session. It finally settled flat at 79.84 against the US dollar.",In a departure from typical elections where candidates’ credibility is paramount, the Thane Lok Sabha seat is poised to be an acid test for Chief Minister Eknath Shinde. He is vigorously campaigning in the constituency to secure victory for his party in what is considered to be his stronghold.",Under the terms of the agreement, Cleartrip’s operations will be acquired by Flipkart, although it will continue to operate as a separate brand, retaining all employees while working closely with Flipkart.",Kajol looked her cheerful best in one of her recent fashion outings, which was the screening of her 1997 thriller film ‘Gupt: The Hidden Truth‘.",Accordingly, a maximum punishment of 10 years Rigorous Imprisonment (RI) and a penalty of up to `5 lakh has been proposed in the amendment.",Samsung has unveiled the Galaxy Book4 Edge, its first-ever artificial intelligence personal computer with a dedicated Copilot key. Powered by Qualcomm Snapdragon X Elite CPUs, the new laptop is the “next generation of AI PCs”, according to the company.",Also Read: Fossil Misfit Vapor smartwatch launched in India at price of Rs 14,995",SAIEVAC is a SAARC apex body which works to protect children in south Asia from all forms of violence,abuse,exploitation,neglect and discrimination.",Apart from setting aside Rs 235 crore for two new expressway projects Jhansi Link Expressway and Chitrakoot Link Expressway Finance Minister Suresh Khanna allocated Rs 550 crore for existing projects like Defence Corridor and Bundelkhand Expressway. Further allocations have also been made for Industrial Corridor along Gorakhpur-link Expressway (Rs 200 crore), and six “industrial manufacturing complexes” proposed along Purvanchal and Bundelkhand expressways.",Two international soccer games stopped because of racial abuse between players. A United States-Mexico game cut short amid homophobic chants by fans. An advisor to Brazil player Vinícius Júnior racially harassed by a steward at a stadium in Spain.".