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Credit Suisse India

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India's richest 1% own more than 40% of total wealth: Oxfam

The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed......

Mulford to be next US envoy to India

US President George W Bush on Thursday nominated David Campbell Mulford as the next ambassador to India.The post has been vacant since Robert Blackwill moved to the National Security Council as......

UBS buy gives Credit Suisse India employees a glimmer of hope

UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank’s India employees a glimmer of hope. Photograph: Arnd Wiegmann/Reuters The......

Credit Suisse on the Sensex crash in 2012

The Sensex is likely to rule between 13,200 and 14,400 points and the rupee may touch Rs 54-55 by June next, Credit Suisse India has said in a report. "We remain bearish on the overall market,......

Credit Suisse cuts India's FY13 growth forecast to 5.7%

Credit Suisse has lowered India's growth forecast for the current fiscal to 5.7 per cent, but said the economy has bottomed and will see a moderate recovery during 2013. "We have made a small......

Trouble in Credit Suisse unlikely to impact India's banking system: Experts

India's banking system is expected to remain unscathed from the troubles in Credit Suisse as it has a very small presence in the country, experts said. Photograph: Arnd Wiegmann/Reuters Although......

Worst is over for the Indian economy: Credit Suisse

The worst could be over for the Indian economy, Swiss bank Credit Suisse said, after contending with many months of stubbornly high inflation and sluggish growth. Robert Prior-Wandesforde, Credit......

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