Govt panel for hiking FDI limits in retail, telecom

It is to spur investment in the country and tide over the Current Account Deficit woes.

• India needs to step up exports to deal with high CAD: RBI
• Govt should stick to the clarifications on retail FDI: CAIT

RBI eases rules for forex option premium payment

The premium payment should be made at least once a quarter, RBI added.

• Over 1,000 complaints pending against 28 cos: SEBI
• Religare promoters to sell 22.75% stake to meet banking rules

ONGC hires drilling rig for Rs 2.39 crore per day

ONGC hired `GSF Explorer` drilling rig for one year from July at a dayrate of $412,000.

• CIE Automotive make Rs 207 cr open offers for 2 M&M firms
• TCS joins US2020 as founding leadership partner

Online property registration launched in East Delhi

People in East Delhi can now expect hassle-free registration of properties.

• Godrej Properties enters Delhi with housing project at Okhla
• RHB to build 15000 houses in all categories

US housing starts rise in May

Housing starts rose 6.8% to an annual rate of 914,000, after plunging 14.8% in April.

• No corruption in Male airport deal, says watchdog
• G8 leaders urge efforts to fight 'scourge' of tax evasion

WeChat says it complies with all Indian regulations

It is reported to have 300 million users in China ever since it was launched in 2011.

• Licences of 20 MSOs cancelled
• 'Govt IT spending globally to decline to $449.5 bn in 2013'