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.
Justice Uday U Lalit is set to become the 49th Chief Justice of India. The Chief Justice of India NV Ramana recommended Justice UU Lalit's name as his successor.
Air India has introduced a new policy, under which it will provide an extension of service to select pilots on a contract basis for a period of 5 years after retirement.