The wholesale price index- (WPI-) based inflation rate for August decelerated for the third consecutive month to an 11-month low of 12.41 per cent as pricing pressure from manufactured and fuel items eased despite an increase in food inflation.
Indian railways for the first time has floated a tender to invite private players to build a high-speed wheel plant under the Make in India initiative.
SBI has issued additional tier-1 (AT1) bonds worth a total of Rs. 6,872 crores at a cut-off of 7.75 per cent, the lowest rate set for such debt issuances by any bank so far in the current financial year.
The Kibithu Military Garrison in Arunachal Pradesh has been renamed 'General Bipin Rawat Military Garrison' in honour of India's first Chief of Defence Staff.
EXAMIANS