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RBI Monetary Policy: Repo rate, reverse repo rate remain unchanged, real GDP growth projected at 7.8%

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RBI Monetary Policy: Repo rate, reverse repo rate remain unchanged, real GDP growth projected at 7.8%

The Reserve Bank of India on Thursday kept repo and reverse repo rates unchanged in its first monetary policy review after the 2022 Union Budget. The current 2021 repo rate is 4% and the reverse repo rate is 3.35%. This is the 10th time the RBI has kept lending rates unchanged and maintained an accommodative stance during the Covid-19 pandemic. However, experts expect the policy meeting to shift from an accommodative stance to a neutral stance.

Governor Shaktikanta Das said the pandemic is once again holding the world economy hostage. The Governor said real GDP growth is expected to be 7.8% in 2022-23.

Das downplayed the pandemic situation, saying the general focus during a pandemic is shifting to targeted containment strategies, universal vaccinations and booster doses.

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Economic activity in some sectors, including automobiles, two-wheelers, etc., has reportedly lost some momentum, and the Governor added that another surge in global crude oil prices needs to be closely watched.

The six-member Monetary Policy Committee, headed by Reserve Bank of India Governor Shaktikanta Das, began deliberations on the bimonthly policy review on Tuesday and announced it on Thursday. The Supreme Bank’s meeting was originally scheduled to take place from February 7 to February 9, but after the Maharashtra government declared February 7 a public holiday to mourn the passing of legendary singer Rata Mangeshkar delayed by a day.

Complete News Source : Hindustan Times

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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