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.
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.
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.
A 17-year-old pilot, Mack Rutherford became the youngest person to fly solo around the world in a small aircraft after he landed in Bulgaria, where his journey kicked off five months ago.
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