RBI's August bulletin leads us to believe our central bank hired a literature graduate to conclude the 'State Of The Economy' report. After RBI partially lifted the restrictions to sell new credit cards, the shares of HDFC Bank rose 4 percent (and underwent profit booking). Dr Gagandeep Kang, a noted clinical scientist, said that COVID-19 vaccines are working against the Delta variant and people should not rush for booster shots. For all these stories and everything in between, here are some top news of the day.

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Inflation on track to meet projections: RBI

Inflation will likely remain with the central bank's projected levels for the rest of the year, RBI said, highlighting that inflation containment comes at the cost of economic growth. In its second bi-monthly meeting, TBI had raised the inflation target for FY22 to 5.7 percent from 5.1 percent.