Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month.
Axis Bank has signed an MoU with Food Corporation of India (FCI) to provide the "Ultima Salary Package" with exclusive benefits & features to all its employees.
The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.
The biennial Pacific Dragon ballistic missile defence exercise between the military of South Korea, the United States and Japan is being held, off the coast of Hawaii.
Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings (ECB), tying up with 12 international banks for the finance.
The central government has decided to offer the use of the Indigenous 5G Test Bed free of cost to the Government recognized start-ups and MSMEs for the next six months up to January 2023.
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