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Meeting market expectations a tall order: Deutsche Bank on Budget

Bank says 'would be unreasonable to expect budget to be a game-changer'

April-May fiscal deficit exceeds 45% of FY15 estimate

Experts said the difference could be attributed to higher payments towards the rollover of subsidies from the previous financial year

Ministry against return to excise on branded garments

For many international brands, the current exemption from excise duty provides a big incentive to raise sourcing from Indian manufacturers

Petrol price rises by Rs 1.6 a litre; diesel up by 50 paise

Post the hike, non-branded petrol will cost Rs 73.25 a litre while diesel will be sold at Rs 57.78 per litre in the national capital

Mallya to appear before wilful defaulter panel on July 9

If a borrower is proven to be a wilful defaulter, he will find it difficult to get loans from any bank

External debt rises to $440.6 billion in FY14

EPFO launches online registration facility for employers

Rising onion prices: Centre asks states to go after hoarders

May core output at 4-mth low

At 2.3%; four of 8 sectors contracted while others did well; experts divided on outlook for IIP

Emami to buy out Shrachi's stake in AMRI

Shrachi group has 32% stake in the loss making hospital business and has decided to exit the business

Technology, innovation key to being future-ready, says Manwani

June rains among worst since 1901: Met office

May not impact farm output if July sees recovery, say experts

Modi pitches for Saarc satellite

Prime Minister says India's Space programme driven by a vision of service to humanity, not by a desire of power

Isro launches PSLV-C23 with 5 foreign satellites

Till April 2014, there had been 25 consecutive successful flights of PSLV and this is the 26th such launch

Non-food credit growth slows down in May

Credit pick up to farm, NBFC segment

Javadekar does punctuality check at I&B ministry

Employees are expected to report by nine. Those coming after 10 were asked to take casual leave

France will pitch Rafale deal to Modi today

Deal reached hiatus as it was difficult for govt to pay for the jets at a time when the economy was sluggish

Shriram Transport Finance to raise Rs 3,000 cr via NCDs

First issue is to hit the market on coming Wednesday, where company plans to raise Rs 500 cr, with an option to retain over-subscription

Cipla buys Yemen-based drug distributor for $21 mn

Cipla will acquire a 51% stake in the company

Fatca: Indian financial entities get more time to register in US

Under FATCA rules, institutions catering to US citizens must disclose all investments made by US clients through them. Failure could invite 30% withholding tax