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.
The National Statistical Office, the Consumer Price Index (CPI)-based inflation eased marginally to 6.71 per cent in July from 7.01 per cent in the previous month.
The Indian Institute of Science (IISc) and the Indian Navy have signed an MoU to collaborate on aviation research and development, and to ramp up self-reliance efforts for the Navy in line with the goals of 'Atmanirbhar Bharat'.