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.
The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
Defence Minister Rajnath Singh will be on a three-day visit to Tashkent, Uzbekistan from August 23, 2022, to attend the Annual Meeting of the Defence Ministers of Shanghai Cooperation Organisation (SCO) the Member States.