S&P RATING:

Government says India's economy on right track

Government says India's economy on right track Chief Economic Adviser Rajan said the government's "job is not to cater to the rating agencies" but to change the ground realities on which it is focused.
• In blow for India, S&P affirms negative rating outlook
Tata Motors unit raises over Rs 1,500 crore via securities Net proceeds from the issue of senior notes will be used to redeem preference shares issued to Tata Motors and for general corporate purposes.
SBI says overseas business margins under pressure India's largest banker has about 185 overseas offices and branches spread across 34 countries contributing close to 20% of its total business.

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Seven must-know facts about PPF accounts

Seven must-know facts about PPF accounts Scoring high on safety, by virtue of it being government backed, this wonderful option comes with tax benefits, loan options and a low maintenance cost.

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Skoda mulls stopping Fabia production in India The car maker says its immediate focus instead is to strengthen its presence in the sedan segment and that it expects the launches ahead to further complement its market share.
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