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.
In section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.
India's Permanent Mission to the United Nations, Geneva, revealed that the country has contributed $ 400,000 (over Rs 3 crore) to as many as four Voluntary Trust Funds.