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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.”",According to the ED, Fairplay was involved in “unauthorised” streaming of Indian Premier League (IPL) 2023 matches on the Fairplay App and various online betting activities including results of Lok Sabha polls.",To augment their resources, banks are raising growth funds from the market and also by selling their non-core assets, they added.",Brazilian soccer player Dani Alves will remain in jail after a Spanish court on Monday denied another one of his requests to be freed on bail while an investigation into a sexual assault accusation against him continues.",Angry over a woman stopping her communication with him, a 27-year-old man opened fire at her sister at their residence in Ganj Peth in the early hours of Sunday.",Incidents of waterlogging, flooding, trees falling and other situations arise in the city due to excess rain or heavy showers. Various civic departments including those of sewages, roads, gardens, fire control and ward offices are involved in managing the situation as per the requirement,” said municipal commissioner Rajendra Bhosale.",In a significant relief to the 14 housing societies of Juhu Vile Parle Development (JVPD) Scheme in Mumbai after eight years of legal battle, the Bombay High Court has ruled that the common plots belong to the societies and that the Maharashtra Housing and Area Development Authority (MHADA) has no right, title, or ownership over these plots.",Garmin has launched the Fenix 5X Plus GPS Multisport watch in India. With multi-satellite tracking capabilities, the device uniquely offers a sensor which features a blood oxygen saturation at high altitudes. Priced at Rs 79,990, Fenix 5X Plus is available online through Garmin, Paytm Mall, Amazon, and Flipkart, and via offline stores like Chroma, Reliance Digital, and Helios-The Watch Store.",The Board for Control of Cricket in India (BCCI) on Monday invited applications for the position of the Indian senior men’s team head coach, where they also outlined the qualities it was seeking in the ideal contender. Some of the most notable requirements of the new head coach listed by the BCCI were: that the candidate “must be willing to meet work expectations and pressures associated with handling marquee athletes” and they should help in “developing a world-class Indian cricket team which delivers sustained success in all conditions and formats, inspiring current and future generations of cricketers and stakeholders with their approach to the game.”",Also read – Manisha Koirala opens up about Heeramandi’s oral sex scene featuring Shekhar Suman: ‘Everything that Sanjay Leela Bhansali does…’",Senegal defender Kalidou Koulibaly is joining Al-Hilal from Premier League side Chelsea, the Saudi Arabian club announced on Sunday.",The official  Twitter handle of DVV Entertainment requoted Derrickson and replied, “From the director of Doctor Strange. Thank you Scott :) #RRRMovie.”".