Distinguished scientist Samir V Kamat was appointed as Secretary of the Department of Defence Research and Development and Chairman of the Defence Research and Development Organisation (DRDO).
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.
Prime Minister Narendra Modi has launched the 'India International Bullion Exchange (IIBX)', at the Gujarat International Finance Tec-City (GIFT City) near Gandhinagar, Gujarat.