The Reserve Bank has imposed several restrictions, including on the withdrawal of funds, on three cooperative banks in view of their deteriorating financial condition.
Union Minister for Commerce & Industry Piyush Goyal announced that India has achieved a landmark milestone, as there are 75000 startups in the country.
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.
The Ministry of Culture has collaborated with Software giant Google as a part of 'Azadi ka Amrit Mahotsav' to capture the milestones India has achieved in its journey of 75 years since Independence.