Tuesday, March 25, 2025

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(60) Date. 25.03.2025

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 


GLOBAL BUSINESS NEWS


USF International Business Forum explores the promise and peril of AI

Leading strategists in technology, trade, and key industries gathered at the 2nd Annual USF International Business Forum on March 13 to ...

 

On the International Day of Happiness, Finland Calls for International Business Cooperation ...

Here, Business Finland challenges global companies to undertake ambitious research efforts while encouraging companies of different sizes and other ...

 

International Business Machines (NYSE:IBM) Teams With NVIDIA To Enhance Generative ... 

International Business Machines (NYSE:IBM) recently announced a strategic collaboration with NVIDIA to enhance enterprise generative AI workloads ...


US Federal Reserve keeps benchmark rate unchanged in 4.25-4.5% range - Times of India

International Business News: The US Federal Reserve has decided to keep the benchmark interest rate in the 4.25-4.5% range, while monitoring ...


Over 60% of companies see growth potential in clean energy - Asian Business Review

The majority of companies in several regions around the world, including Asia Pacific, view clean energy as a growth opportunity.


Asian
 shares dip in an echo of Wall Street's sell-off amid alarm over Trump's tariffs

The worry is that the whipsaw moves will either hurt the economy directly or create enough uncertainty to drive U.S. companies and consumers into an ...


Integrated pest management: A vital strategy to protect Asian rice against fall armyworm

A new study published in the journal CABI Reviews highlights the critical role that integrated pest management (IPM) plays in combating the threat ...

 

 

INDIAN BUSINESS NEWS


Interception and diversion-based wastewater management can conserve Indian rivers and lakes

India's drains carry a mix of domestic sewage, industrial effluents and solid waste which makes wastewater management more complex. The challenge is ...


Hindalco to invest Rs 45000 crore in India's metal business: Kumar Mangalam Birla

Additionally, the business tycoon announced that they will be also setting up India's copper foil factory for EVs. Follow us on whatsapp. Hindalco ...


Indians face higher premiums on spiralling healthcare costs | Asian Business Review

People in India face more expensive healthcare this year due to more complicated and costly treatments, rising labour costs, and incidence of ...


5% of population, yet over 50% of Indian billionaires: Stock company founder highlights ...

Gujarat contributes significantly to India's GDP and exports, driven by a strong entrepreneurial culture. Known for taking risks and valuing business ...

 

Unlocking global markets: How Indian investors can diversify with portfolio management services

India's mutual fund industry has hit the cap on investing overseas. But individual investors have an alternative route that could be just as ...


Obesity and diabetes management drug launched in India by American pharma company Eli Lilly

Eli Lilly launches diabetes and obesity drug Mounjaro in India, offering innovative treatment for metabolic health management.


Indian
 Railways Strengthens Crowd Management and Infrastructure to Enhance Passenger ... - PIB

Indian Railways Strengthens Crowd Management and Infrastructure to Enhance Passenger Safety Following New Delhi Stampede. Posted On: 19 MAR 2025 4 ...


innovative methods to save people from disasters - PIB

With these organizations, India has conducted joint exercises as well as facilitated sharing of good practices in disaster managementIndia is ...


Transforming water management and helping ensure water security in India

Learn about Deutsche Bank's CSR initiatives focused on groundwater recharge, water body restoration, and empowering farmers for a water-secure future ...

 

 

ODISHA BUSINESS NEWS

 

Odisha govt approves Rs 6117 crore investment, creating over 17000 jobs

... business and contributes significantly to its overall economic growth ... "The success of Utkarsh Odisha, Make In Odisha Conclave, 2025 has ...

 

JSW to set up 0.5 MMT capacity copper smelter in Odisha by 2028-29 - Business Standard

In January, JSW said it was foraying into the copper business with a Rs 2600 crore ($301.22 million) investment to operate two copper mines from ...


Tata Steel Switches To PNG At Ferro Alloys Plant In Odisha - NDTV Profit

The sustainability initiative will help the company significantly reduce its carbon footprint and contribute to India's journey towards a greener ...


Rooftop Solar Projects Installed on 1232 Public Buildings in Odisha: Minister Tells Assembly

The Odisha government has installed rooftop solar projects with ... Your one-stop shop for business news, stock markets, analysis, and podcasts.

 

SECURITY MARKET NEWS

 

International Business Machines Corporation's Stock Price Drops to $243.32, marking a ...

International Business Machines Corporation's stock price stands at 243.32 USD, experiencing a dip of -3.56% this trading session with a trading ...


Retail
 sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Retail sales were expected to show a 0.6% increase in February, according to the Dow Jones consensus estimate.

Swiss National Bank seen cutting rates 25 bps, risk of negative rates low

BENGALURU, March 17 - The Swiss National Bank will cut its main policy rate by a quarter percentage point on March 20 to 0.25% and hold it there until at least 2026, according to most economists polled by Reuters, who also said the risk of the rate ...


India's life insurance first-year premiums fall 11.6% in February

The Indian life insurance sector's first-year premiums contracted by 11.58% year-on-year (YoY) in February 2025.tandalone health ...


Warehousing and logistics sector sees 203% investment surge: Report - Maritime Gateway

Logistics, The Indian warehousing and logistics sector received investments worth $1.96 billion in 2024, accounting for 29 per cent of the total ...

 

Acquisition of 43.4% minority shareholding by S&P Global Asian Holdings Pte Ltd in ...

by Cercano Management Asia. Read more · A&G News 6 February 2024. S$26.5 million acquisition of cold storage logistics facility in Vietnam's Long An ...

 


GENERAL NEWS


President Murmu meets officer trainees of the Indian Naval Material Management Service ...

The officer trainees of the Indian Naval Material Management Service and Indian Naval Armament Service called on the President of India, ...

PwC sees organised retail reaching 30% of India's $1.8 trillion retail market by FY30

Traditional retail is still the biggest player, but e-commerce and quick commerce are changing the market, especially in cities where more people ...

 

LIC to announce acquisition in health insurance firm by March 31: Mohanty

In the first quarter of FY25, LIC had stated that it was looking to acquire a stake in a standalone health insurance company in FY25 to enter the ...


ULIP crosses 100 crore API transactions, boosting India's logistics efficiency - DD News

... logistics ecosystem in India, the Ministry of Commerce & Industry said in a statement on Wednesday. ULIP, launched under the National Logistics ...


RBI imposes penalty on Citibank, IDBI Bank - The Economic Times

The Reserve Bank of India has penalized Citibank N.A. with Rs 36.28 lakh and IDBI Bank Ltd. with Rs 36.30 lakh for violations related to ...

 

HSBC and UBS expand India wealth management arms after IPO boom - Financial Times

The Swiss bank is looking to acquire shares in one of India's largest wealth management companies 360 ONE, said two people familiar with the matter, ...


Combining landscape and supply chain approaches to protect nature - UNEP-WCMC

UNEP-WCMC's pioneering SupplyScapes project explores opportunities for companies to conserve landscapes along their supply chains.


Odisha plans to set up Cable Landing Station in Puri - The Economic Times

The government remains committed to making the state a magnet for digital investments, unlocking immense opportunities for businesses, technology ...

 

Source of Information for this issue: Google alert accessed on 25th Mar, 2025
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Sasmita Swain
Information and Documentation Division, Chanakya Central Library.
ASBM University, ShikshaVihar, Bhola, Barang, Khurda Road, Chandaka Bhubaneswar- 754012
Website: 
www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in

 


Tuesday, March 18, 2025

ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(59) Date. 18.03.2025

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS

 

DMRC to begin South Asia's first metro-enabled logistics service - ET Infra

The Delhi Metro Rail Corporation (DMRC) on Sunday announced a groundbreaking partnership with Blue Dart, a leading express logistics provider, ...


China loses private jets as other Asian growth spots emerge | Reuters

... business aviation consultancy and broker Asian Sky Group. In the same period, the number of private jets in the rest of the Asia-Pacific region ...

Sensex, Nifty rally in early trade on firm Asian markets, buying in power, utility stocks

Equity benchmark indices Sensex and Nifty rallied in early trade on Monday (March 10, 2025), tracking firm trends in Asian markets and buying in ...

 

The case for active investing in Asian equities - Eastspring Investments

Portfolio managers and analysts examine a company's balance sheet, business model, management, and strategy. Stocks vary widely in size and industry, ...


Unified Industrial and Boustead Projects Limited announce the creation of Pan-Asian ...

... announced the formation of a vertically-integrated Pan-Asian logistics real estate development, investment and fund management platform called UIB.

Unearthing Opportunities: Perfect Medical Health Management And 2 Other Asian Penny Stocks

Amid ongoing global economic uncertainties and shifting trade policies, Asian markets have been navigating a complex landscape.


IndiGo taps Amadeus tech for revenue management - Asian Aviation

IndiGo has reached an agreement with travel technology leader Amadeus to implement advanced Revenue Management technology.

 

INDIAN BUSINESS NEWS


NHLML and IWAI signs MoU for state-of-art Multi-Modal Logistics Park in Varanasi - PIB

A significant Memorandum of Understanding (MoU) between National Highways Logistics Management Limited (NHLML) and Inland Waterways Authority of ...

 

Donald Trump's 25% tariffs on steel and aluminum imports take effect: Impact on India

International Business News: Trump's 25% tariff on steel and aluminum imports, effective Wednesday, aims to boost US factory jobs despite market ...


India needs to grow 8% for progress, core sector must invest: SBI chief - The Indian Express

Referring to private sector investment, the SBI Chairman said companies seem to be worried about external factors. “…how tariffs are going to work out ...


'India is our top performing market in the world': Blackstone CEO Stephen Schwarzman

"We spend our time building businesses in India, to make India better…We are rapidly growing in India. We are the largest foreign company in the ...


Indian
 IT firms face reset: Reinvesting for growth | India News - The Times of India

Strategic investments in computing infrastructure and next-gen companies are recommended to stay competitive amidst evolving technology and trade ...

Jio signs deal with Elon Musk's SpaceX to offer Starlink internet services in India

Business Â· Sports ... The deal between the two companies is contingent upon SpaceX receiving its own authorisations to sell Starlink in India.

 

Indian Wealth Management in 2025: Insights from the Top Advisors Shaping the Future

Citywealth's recent unveiling of the Top 30 Indian Advisers and Managers for 2025 highlights the ever-evolving landscape of wealth management in ...

 

ODISHA BUSINESS NEWS


Odisha
 notifies amendments in building planning to facilitate ease of doing business

The notified amendments enhance economic freedom and ease of doing business in Odisha by removing the requirement for ground coverage, reducing ...

Odisha amends town planning rules to boost business development - Sambad English

In a move to enhance the ease of doing business, the Odisha Government introduced key amendments to the Odisha Town Planning and Improvement Trust ...

 

With An Eco-Friendly And Cost-Effective Stove, Odisha Couple Redefines Concept Of Rural ...

Koraput: Production cost is crucial in determining profitability of a business. Ranjit Kumar Pani had realised the concept when he along with his ...

 

Ganesha Ecosphere invests Rs. 750 crores in Odisha and Warangal Plants, Expands Green ...

The company, which has been at the forefront of PET recycling in India, is strengthening its commitment to sustainability and business growth with a ...

 

SECURITY MARKET NEWS


Trump trade war: US stock market loses $4 trillion in value - The Times of India

International Business News: US stocks experienced a significant decline on Monday, driven by ongoing tariff disputes and the potential for a ...

 

$1 trillion wiped out! Indian stock market crash shrinks its share in global market cap - Times of India

India Business News: The Indian stock market has seen a dramatic fall, with BSE Sensex and Nifty50 losing over $1 trillion in market value in four ...


IndusInd Bank's networth could erode by Rs 1577 crore following adverse disclosures

IndusInd Bank anticipates a Rs 1577 crore reduction in net worth due to derivatives discrepancies. The bank has enlisted an external auditor for ...


Adar Poonawalla's Sanoti Properties to sell Magma Insurance stake to Patanjali Ayurved, others

Post the sale, Patanjali and others will hold a 98 percent stake in Magma Insurance. Adar Poonawalla owns a 90 percent stake in Sanoti Properties, ...

 

February life insurance premiums drop 12%; private insurers grow 3% - CNBC TV18

Life insurance industry premiums declined 12% year-on-year (YoY) in February. The 11-month FY25 premium grew 6% YoY. Private insurers reported a ...

 

Global stocks drop over US economic slowdown concerns

Share markets in Asia have fallen after a selloff in the US was triggered by President Donald Trump not ruling out the suggestion that his tariffs could trigger a recession in the world's biggest economy. It followed Trump's comment that the US economy ...


Tata Motors shares jump 3.5% as management reassures of JLR progress. Should you buy ...

Tata Motors shares: During a management meeting, the company's leadership reassured investors that Jaguar Land Rover (JLR) is on track to meet its ...


GENERAL NEWS


Harnessing Automation and AI to Transform IT and Business Management

Automation and AI are revolutionising IT management, enabling professionals to escape mundane tasks and boost productivity, paving the way for ...

 

From Engineer To Dairy Entrepreneur: Odisha Man Quit Well-Paying Job In Bengaluru To ...

Biranchi Narayan Behera left his job in 2020 to return to his village in Khurda where he runs a dairy business.


Odisha
 to Launch Ayushman Bharat Scheme from April 1 - Outlook Business

The Odisha government has decided to launch Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana along with the existing Gopabandhu Jan Arogya Yojana ...


Robots, drones and AI: How next-generation tech is changing the global supply chain

Logistics companies globally are leaning into emerging technologies such as robots, drones and AI to speed up the supply chain and serve customers ...


SEBI may introduce suitability test for Retail F&O traders: Report - The Financial Express

Retail traders looking to dabble in Futures & Options (F&O) may soon have to prove they are financially and intellectually prepared for the high ...


Finance Minister Nirmala Sitharaman On SBI Revolutionising Banking For The Future

In this insightful speech at the Platinum Jubilee Celebrations of the Foundation Day of State Bank of India, Finance Minister Nirmala Sitharaman ...



Source of Information for this issue: Google alert accessed on 18th Mar, 2025
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Sasmita Swain
Information and Documentation Division, Chanakya Central Library.
ASBM University, ShikshaVihar, Bhola, Barang, Khurda Road, Chandaka Bhubaneswar- 754012
Website: 
www.asbm.ac.in, Tel: 0674-2374832, 2374833, Email: Library@asbm.ac.in,
DrManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya Central Library, ASBM UNIVERSITY Bhubaneswar. 
Library1@asbm.ac.inwww.asbm.ac.in