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.
China has agreed to finance a feasibility study for a cross-border railway with Nepal under the trans-Himalayan multi-dimensional connectivity network.
Karnataka Bank has introduced a new Term Deposit Scheme, KBL Amrit Samriddhi under Abhyudaya Cash Certificate (ACC) and Fixed Deposit for a tenure of 75 weeks (525 days).