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RBI keeps key rates unchanged to spur economic recovery

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RBI keeps key rates unchanged to spur economic recovery

The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) voted on Wednesday to keep the benchmark repo rate and reverse repo rate unchanged at historically low levels because the central bank retained Asia’s gross domestic product (GDP) ) Growth targets. The growth rate of the third largest economy in the 2021-22 fiscal year is 9.5%.

For the ninth time, MPC maintains its bimonthly policy rate status, as policymakers weigh the impact of the latest variant of Covid-19, Omicron.

The repo rate remains unchanged at 4%, while the reverse repo rate remains at 3.35%. Marginal Standing Facility (MSF) and bank interest rates also remained unchanged at 4.25%.

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The repo rate refers to the interest rate at which commercial banks borrow funds by selling securities to the Reserve Bank, while the reverse repo rate is the interest rate at which the central bank borrows funds.

As India promotes its nascent economic recovery during the coronavirus pandemic, these lending rates are critical to boosting corporate credit and investment in the economy. , And continue to reduce the impact of Covid-19 on the economy, while ensuring that inflation remains within the target range,” the MPC resolution pointed out.

In the accompanying statement, Reserve Bank of India Governor Shakti Kantadas stated that price stability or keeping inflation within acceptable levels is still the “basic principle” of the central bank’s monetary policy.

Das told reporters: “In view of the economic weakness and continued activities to catch up, especially private consumption is still below the pre-pandemic level, continuous policy support is needed to achieve a lasting and broad recovery.”

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He added that the interference of new variants of the coronavirus may slow the recovery.

Complete News Source : Hindustan Times

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Amitabh Bachchan: The Heartbreaking Anxiety of Bollywood’s Greatest Icon

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Amitabh Bachchan: Candid Self-Doubt Confession

Even after five decades of cinematic dominance, Amitabh Bachchan still faces the quiet terrors of the midnight hour. The man who epitomised alpha-masculinity for generations of moviegoers recently made an unexpected confession that shocked his millions of admirers. He continues to have restless nights, locked in a vicious circle of intense self-doubt and crushing work stress.

This revelation is a huge wake-up call for anyone who thinks of him as an invincible acting colossus. It demonstrates that the heavy weight of perfectionism never fully fades, no matter how much celebrity you achieve.



The Haunting Midnight Echoes of Perfectionism

Imagine being a living legend and lying awake at 3 a.m. wondering if your previous performance was a complete failure. Bachchan admitted that he always repeats his sequences in his memory, haunted by the terrible feeling that they “could have been done better.”

This tremendous emotional sensitivity reveals a side of the megastar that the public has rarely seen. Onscreen, we witness the towering demeanour, booming baritone voice, and perfect delivery. But, behind closed doors, he suffers from the same paralysing fear that ordinary people face on a daily basis in the workplace.

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Why the Deepest Passion Breeds Internal Chaos

You might ask why a man who has won every major film award is so concerned about delivering a single sentence. True genius is rarely characterised by serenity of mind. For Bachchan, acting is more than a job; it is a sacred, consuming fire that demands flawless excellence every time.

When you care so deeply about your craft, every creative endeavour feels like a high-stakes bet on your entire legacy. This tremendous artistic drive is a two-edged blade that produces amazing art while completely destroying your mental serenity.


The Heavy Price of an Enduring Legacy

Living under the microscope of the public eye for fifty years has a catastrophic psychological impact. Every move Amitabh Bachchan makes is immediately analysed, criticised, or worshipped by countless millions of people.

That amount of tremendous expectation establishes a distinct, invisible prison of performance anxiety. The dreadful anxiety of disappointing his big audience keeps his thoughts racing long after the cameras stop rolling. It turns out that the view from the very top of the mountain is extremely lonely and filled with perpetual emotional danger.

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Normalizing the Silent Struggle with Mental Health

Bachchan has done an incredible amount to raise worldwide mental health awareness by publicly exposing his personal struggles with work stress. He has effectively removed the heavy veil of shame that typically surrounds the topic of anxiety, particularly among older generations.

If the ultimate “Angry Young Man” of Indian cinema can freely acknowledge to feeling inadequate, then everyone else has the right to be human as well. It is a welcome reminder that being overburdened by your commitments does not imply weakness.


The Relentless Creative Hunger That Never Sleeps

Finally, this severe self-doubt is the secret fuel that drives Amitabh Bachchan to labour continuously at an age when most people have retired. It’s a curious paradox: his severe inner agony serves as the driving reason behind his legendary longevity.

He refuses to rest on his past accomplishments or rely on his immense celebrity to get by. Every sleepless night reveals a man with the raw, eager heart of a novice. He remains gloriously, devastatingly uneasy about his work, which is precisely what makes him an everlasting force in film.

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