Bizcues.com

• Oil hits new record $117 a barrel as Nigerian supply under threat
• Edible oil prices up on heavy buying, poor supply
• Pandit faces major test as Citigroup posts $5.11 bn losses, plans to cut 9k jobs
• Wall St braces for tens of thousands of pink slips- Citigroup Inc, Merrill Lynch and Wachovia Corp announce 12,400 job cuts this week.
• IIT, IIM professors can expect salary hike up to 200%: HRD’s special committee

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• Equities cheer, Sensex surges over 237 points : nears six-week high
• RBI hikes CRR by 0.5 per cent to control inflation
• Indian economy likely to grow at 7.5 pc this fiscal: Experts
• Oil surges to a new record of $115.45, dollar’s extended slump and a big fall in US gasoline stockpiles blamed
• Infosys plans 11 to 13 per cent wage hike
• Delhi to sweep streets clean of 15-yr-old cars

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• China’s growth slows down to 10.6% in the first quarter of 2008, compared to 11.7 percent in the same period last year
• Oil price hits record high of $114.50, as the USD tumbled to an all-time low against the Euro
• Indices end off highs as rally fizzles, Sensex up 90 points
• Inflation seen at 7.19 pc on Apr 5, lower than the previous week’s 7.41 per cent
• Gold demand low as prices rise
• E-waste likely to increase to eight lakh tonnes by 2012, up from 1.5 lakh tonnes in 2005

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