Reserve Bank of India (RBI) Governor Mr Shaktikanta Das announced Bharat Bill Payment System (BBPS) to facilitate inward gross payments for Non-Resident Indians (NRIs) to pay bills in India.
The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the establishment of a World Health Organization Global Centre for Traditional Medicine (WHO GCTM) at Jamnagar, Gujarat.
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.