Reserve Bank of India (RBI) Governor Shaktikanta Das-chaired Monetary Policy Committee (MPC) raised the repo rate by 50 basis points (bps) to 5.40 percent.
Kerala Chief Minister Pinarayi Vijayan has inaugurated a project of the Women and Child Development department to provide milk and eggs to children at all Anganwadis in the state.
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.