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Credit Suisse to prune 4,000 jobs after posting over Rs 39,000 cr net loss in Q4

Feb 04, 2016

Credit Suisse to prune 4,000 jobs after posting over Rs 39,000 cr net loss in Q4

Investment banking firm cited sharp drop in oil prices, "asynchronous" policies by top central banks, lower liquidity, a strong Swiss franc and "uncertainties on Chinese growth #oil prices #Credit Suisse #job cuts #Chinese slowdown #investment banking firm #CEO Tidjane Thiam
Vice President Hamid Ansari concludes three-day visit to Brunei, leaves for Thailand

Feb 03, 2016

Vice President Hamid Ansari concludes three-day visit to Brunei, leaves for Thailand

Vice President Hamid Ansari on Wednesday left for Thailand for the second leg of his two-nation visit after concluding his three-day trip to Brunei during which he held talks with the top leadership of the oil and gas-rich nation and oversaw signing of three agreements. #oil #NewsTracker #Thailand #Hamid Ansari #vice-president #Brunei
Petrol eases by 4 paise, diesel price down 3 paise

Feb 01, 2016

Petrol eases by 4 paise, diesel price down 3 paise

Petrol price was today slashed by a marginal 4 paise a litre and diesel by 3 paise a litre as the government raised excise duty to deny consumers full benefit of falling international oil prices. #oil #Petrol #IOC #Diesel #Crude #BPCL #prices #HPCL
Budget 2016: Govt may further hike excise on petrol, diesel before Budget

Jan 22, 2016

Budget 2016: Govt may further hike excise on petrol, diesel before Budget

The government is looking at one more hike in excise duty on petrol and diesel before the Budget next month so as to raise revenue and stick to the fiscal deficit target for 2015-16. #oil #Petrol #fiscal deficit #Diesel #PSU #excise duty #Union Budget 2016 #Budget & Economy
Moody's places ONGC, OVL rating on review for downgrade

Jan 22, 2016

Moody's places ONGC, OVL rating on review for downgrade

Moody's Investors Service today placed the ratings of state-run oil producers ONGC and its subsidiary ONGC Videsh "on review for downgrade" on slumping oil prices, weakening demand and prolonged period of oversupply. #oil #ONGC #Moody's #Crude #Downgrade #review #Ratings #OVL
Modi zing vanishes from market as Sensex hits 2014 levels on global sell-off, rupee crash

Jan 20, 2016

Modi zing vanishes from market as Sensex hits 2014 levels on global sell-off, rupee crash

Since December 31, the Sensex has so far lost a whopping 2,055.50 points, or 7.9 percent #Sensex #nifty #FIIs #oil #Rupee #Chinese slowdown