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.
Jio, India's largest digital services provider, today acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands in the auctions conducted by the Department of Telecommunications, Government of India.
The Reserve Bank of India (RBI) withdrew the restrictions on American Express Banking Corp and allowed the company to onboard new customers following satisfactory compliance with data storage norms.
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