`India must focus on jobs for growth`

India created 60 mn jobs between 2000 and 2005, but only 2 mn between 2005 and 2010.

• Elevated food prices putting pressure on inflation: RBI
• 'GCC-India trade can give opportunities for SMEs'

Banks expect rate cuts in July

Bankers said the central bank decision to hold the rates was on expected lines.

• `RBI`s status quo influenced by external factors`
• Moderation in gold import to lower CAD in 2013-14: RBI

India Inc disappointed over RBI not cutting key rates

The industry said it hoped RBI would not wait for the next quarterly review on July 30.

• LG hikes prices of home appliances by up to 5% on rupee fall
• L&T bids for Rs 4K-cr defence contract; bullish on foreign mkts

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

Thousands rally in Indonesia over fuel price hikes

Fuel prices have long been a flashpoint issue in Indonesia.

• Chinese banks see smaller forex surplus
• Obama arrives in Northern Ireland for G8 summit

Apple releases details on US data requests

The iPhone maker said it works vigorously to protect the privacy of its users.

• China develops world's fastest supercomputer
• 70% students use smartphones, more userbase in small cities