Mumbai: Reserve Bank Governor Shaktikanta Das on Wednesday said underlying economic activity in India continues to be strong, but external factors will cause some “dent” to the economy.
Speaking at the BFSI Insight Summit 2022 organised by Business Standard, Das said the RBI tracks 70 fast moving indicators and most of them are in the “green box”.
It is the external sector, mired by a fear of recession or clear visibility about slowing growth in a large part of the world, where the challenges lie, he said, adding that the impact of external demand will “dent” the economy.

Washington:  The latest Chinese aggression against India is yet another reminder of strong India-US ties, top American lawmakers have said.

“China’s most recent aggression in Arunachal Pradesh is yet another reminder of why a strong security partnership with India is crucial to the national security of the United States and our allies,” India Caucus Co-Chairs said in a statement.

“This event marks yet another threat of the People’s Republic of China (PRC) to the Indian territory, including China’s premeditated aggression on the Line of Actual Control in 2020 which saw the death of approximately 20 Indian troops,” the co-chairs said.

Cine icon Amitabh Bachchan has remembered his mother Teji Bachchan on her 15th death anniversary.
Amitabh took to his blog and recalled her last day, saying that she passed away “elegantly and quietly” at the age of 93 on December 21, 2007, following a prolonged illness.
“She slipped away as elegantly and quietly as was her temperament this morning as I watched the doctors struggle to revive her delicate heart, time and again .. pumping here delicate frame in vigorous pushes to get her to live again .. and again .. and again ..”
“We stood .. holding hands all of us near and dear .. the nieces and the children in tears .. until.”
He added: “I spoke up ..leave it doc .. leave her .. she wishes to go .. stop .. do not make any more efforts .. each effort was painful for her system and painful for us to stand there and witness .. each time that ‘straight line’ would appear .. and then shift to the graphic responses of the physical pumping .. stop it I said ..”
“And they did .. the singular tone of the straight line on the monitor .. indicating to us all and the World , that she had left .. slipped out .. as someone recently mentioned about the passing of a near one .. and gone to a ‘better place’ – words that we often hear being used in consolation of the departure.'”
“A gentle hand on her forehead .. a million memories flashing by in the silence of the room in the hospital .. and then leaving to being her home .. the hall in Prateeksha was cleaned and washed .. her portrait, her beautiful face, by the side of a few white flowers .. a silence about .. and she lay there for the last time ..”
He recalled that her nieces came and brought in the Granth Saheb Shabd in recitation, sitting by her side all night.
“I lay on the floor .. it was traditional .. to spend the night with her , till the cremation the next day .. and then her body to the flames .. the collection of her ashes .. and taken to the sacred places which she believed in and prayed at .. the prayer meet .. with recitations of the Granth Saheb by the recognised Granthis .. and her portrait .. by the side of Babuji, in his room .. adorning.
“The sound of shlokas and prayers each day and the flowers keep them company .. her and his books of prayer along side .. in reverence .. the room remains so .. permanently .. and she remains permanently with us .. Amma ji .. the most beautiful Mother in the entire Universe ..
Teji Bachchan was born in Faisalabad of Punjab in Pakistan in 1914, and was married to Hindi poet Harivansh Rai Bachchan for 62 years till his death in 2003. She played Lady Macbeth in Harivansh Rai Bachchan’s Hindi adaptation of Shakespeare’s play and did a cameo appearance in the 1976 romance drama ‘Kabhie Kabhie’, starring Amitabh as one of the leads.

Indian  rupee depreciated 5 paise to 82.75 against the US dollar in early trade on Wednesday as the strengthening of the American currency against key rivals overseas and firm crude prices in global markets weighed on the local unit.

However, a higher opening in domestic equities supported the local currency and capped the losses, forex traders said.

At the interbank foreign exchange, the domestic unit opened weak at 82.76 against the dollar, then inched higher to 82.75, registering a decline of 5 paise over its last close.