Business
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.
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
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
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