ASBM University Business Updates Vol. 10(92) 29thAugust, Tuesday, from Chanakya Central Library, ASBM University, Bhubaneswar.
ASBMU
Business Updates is a Weekly Selective Compilation of Business News from
Various Sources.
To find details follow the links.
Why 5-day banking could be a progressive move for the industry? - The Hindu BusinessLine
In this episode of the Current Account Podcast, Ravi Narayanan,
Group Executive, Retail Liabilities, Branch Banking, and Products,
Axis Bank ...
The Latest Fixed Deposit Interest Rates: Aug 25, 2023 -
The Hindu BusinessLine
... Banking. The Latest Fixed Deposit Interest
Rates: Aug 25, 2023. Updated - August 26, 2023 at 05:51 AM. comment Comments.
Share. Copy link; Email ...
Is the price damage in banking stocks
behind us and digested by market?
"The good thing to look forward to now for the banking sector
is a revival in credit growth. Not just revival, actually credit growth will
start ...
China's rate caution shines light on $56tn banking system
- Financial Times
Monday's modest action on lending rates — which are partly
determined by a group of the country's top commercial banks —
came despite a recent wave of ...
India's banking system liquidity slips
into deficit first time in FY24 - The Hindu BusinessLine
India's banking system liquidity has slipped
into deficit for first time this FY after RBI's liquidity withdrawal move &
tax outflows.
Insurance
Is my cashless health insurance policy
vulnerable to hidden hospital costs?
A health insurance policy is a contract between
yourself and the insurer. You can make no deductions unless they are specified
in the contract. My ...
How to minimise your taxes on endowment insurance policies
- Moneycontrol
Budget 2023 taxed maturity proceeds of high-value endowment
life insurance policies bought after April 1, 2023. Last week,
the government released ...
5 Tips For A Smooth Health Insurance Claim Process - Outlook
India
Before buying a health insurance policy, check
how easy or difficult the claim process is, as complex paperwork and endless
calls to the insurer ...
I am the lone earner in my family. I keep on travelling
for work. What insurance plans should I buy?
There are several health insurance policies
available which offer coverage on a floater basis for the entire family. I am a
single-earning member in a ...
What can get your life and health insurance claims
rejected & what to do after that?
Is it the right way for getting a life insurance cover?
The claim settlement ratio does not give you any information about an insurance company's ...
Finance
Jio Financial shares: JFS hits 5% lower circuit again.
What's dragging the stock lower?
A Nifty exit for the stock post the third day of listing could
trigger $290 million outflows while an exit from Sensex could trigger $175
million outflows, Nuvama Institutional Equities estimated ahead of the stock
listing.
Nvidia's $25 billion buyback 'a head-scratcher' for some
shareholders
Nvidia's move to buy back $25 billion of its shares after its
stock has more than tripled this year caught some investors off-guard, even as
they cheered a stellar second-quarter report. Shares of Nvidia touched a record
high on Thursday, a day after ...
S&P 500 loses 1.35%, Dow Jones Industrial Average falls
1.08%, Nasdaq Composite drops 1.87%. The US dollar rose at 145.86
Japanese ...
Lupin shares in focus today as firm gets USFDA nod to
market generic drug
In terms of technicals, the relative strength index (RSI) of
Lupin stock stands at 62.7, signaling it's neither trading in the overbought
nor in the oversold zone. The stock has a beta of 0.6 ...
Nvidia share price ended marginally higher at $471.63 apiece on Thursday after hitting a record high during the session. The stock surged as high as $502.66 intraday. Nvidia shares have jumped 223% year-to-date. The rally in Nvidia stock comes after ...
Business
Jio Financial shares: JFS hits 5% lower circuit again.
What's dragging the stock lower?
JFS shares: While the short-term outlook is uncertain due to a
lack of clarity about business direction and profitability, the long-term
outlook remains optimistic, supported by its robust pedigree and extensive
network.
Bare electrical wire, leaning poles were a possible cause
of deadly Maui fires
Employees of the Hawaiian Electric restore electric poles in the
aftermath of the Maui wildfires in Lahaina, Hawaii on August 16, 2023. Yuki
Iwamura | AFP | Getty Images.
Nvidia share price ended marginally higher at $471.63 apiece on
Thursday after hitting a record high during the session. The stock surged as
high as $502.66 intraday. Nvidia shares have jumped 223% year-to-date. The
rally in Nvidia stock comes after ...
VIEW Fed's Powell says central bank may need to raise
interest rates further
“He was very quick to
assure markets that the Fed won't be hanging any 'mission accomplished' banners
any time soon, but still highlighted the need to data dependence. Clearly
softer labor and economic ...
Wall Street closes higher after Fed Chair Powell delivers
a 'Goldilocks' speech
More rate hikes are still on the table, Federal Reserve Chair Jerome Powell said in a highly anticipated speech Friday at an economic summit in Jackson Hole, Wyoming. Markets were uneasy ahead of Powell's speech and volatile afterward, but all three ...
Asian Business
Asian markets news: Shares slip,
Dollar gains amid yield surge | Zee Business
Asian markets stumbled on Monday after China delivered a smaller
cut to lending ... Get more Global Markets News and Business News
on Zee Business.
GIFT Nifty down 22 points: Asian markets,
crude oil prices, dollar movement & more
Asian stocks were trading mostly lower in the early trade.
US stocks settled mixed ahead of Powell's speech this week. Domestic stock
indices are may ...
India, Asian decision on review of FTA in
goods expected tomorrow - Business Standard
A decision on a long pending issue of initiating a review of the
existing free trade agreement on goods between India and the
10-nation Asean bloc ...
Rupee outperforms its EM Asia peers even
as it approaches record low - Business Standard
The improved economic fundamentals are why the currency is largely
holding its own against the dollar - it's down just 0.5 per cent this year
and ...
The Asian Retailer Outgunning Amazon and
Walmart in South Africa | BoF
The Asian Retailer Outgunning Amazon and
Walmart in South Africa ... launch its e-commerce delivery business in
South Africa in the coming months.
International Business
BYJU'S head of international business Cherian
Thomas quits; to join US-based Impending Inc
He was the first global employee at the edtech company in
2017, and is credited with building the international team
from scratch.
New Class Cultivates International Business Skills
Virtually - Babson College
New Class Cultivates International Business Skills
Virtually. Faculty from Norway and the United States meet outside in Bergen,
Norway.
Guess international business continues to
perform strongly - Fashion Network
"Our international businesses continued to
perform strongly with robust revenue growth and our Americas retail business
achieved a sequential ...
Age is Just a Number: 57-year-old gets admission in
prestigious MBA International Business program
... in civil engineering and years dedicated to his family's
real estate business, Kannan has decided to pursue an MBA in International
Business.
Cherian Thomas, BYJU'S SVP For International
Business, Quits | Entrepreneur
Byju's senior vice-president for international business Cherian
Thomas has resigned from the edtech company and will now helm US-based
Impending.
Odisha Business
Odisha offers outstanding
opportunities to investors: Official | Business - Devdiscourse
... transforming Odisha into a ''modern and
advanced industrial state by offering outstanding opportunities'' for sustainable business growth
and ...
ACME Group to set up green-hydrogen plant at Odisha for
₹27,000 crore - The Hindu
... to set up green hydrogen and green ammonia project at GIP
in Odisha. ... The company aims to develop the GIP
as an emerging manufacturing hub ...
OTV Business Odisha Awards will encourage
young entrepreneurs: Jagi Mangat Panda
Odisha Governor Prof. Ganeshi Lal was the chief guest of the
award ceremony, which was also graced by Lok Sabha MP Aparajita Sarangi and
actress ...
Business Odisha Awards 2023 |
Check out the nominations in business category - YouTube
Business Odisha Awards 2023 | Check out the nominations
in business ... #BusinessOdishaAwards2023 #Odisha #OTVOdishaTV
is Odisha's no 1 News ...
Ease of doing business! Odisha truck
body fills potholes on bumpy Andhra road
The pathetic condition of the state highway on the
Parvathipuram-Kuneru-Rayagada stretch, near Kuneru in Komarada mandal of
Parvathipuram Manyam ...
Indian Business
Business Today India@100
Summit: Shaping India's Global Economic Leadership
The unwavering belief in India's potential is
grounded in a multitude of factors – vibrant consumption patterns, rapid
digitization, a burgeoning ...
India's GDP likely to
have grown 7.8-8.5% in June qtr: Economists - The Indian Express
GDP, GDP figures, GDP growth, India's GDP
growth, Indian express business, India's GDP
growth had clocked a higher-than-expected growth rate of ...
Business Today India@100
Summit: Shaping the Global Agenda - BusinessToday
Business Today India@100 Summit: Shaping the Global
Agenda. The summit provides an inclusive platform for stakeholders to engage in
productive ...
Reliance AGM 2023 live updates: Reliance Industries
Limited annual general meeting at 2pm today
RIL 46th AGM Live Updates: The RIL AGM is a major event for
the Indian business community. The announcements made at the
meeting could have a ...
Majority of Indian small businesses plan
website investments, says GoDaddy India study
GoDaddy's Data Observatory finds 48% of small businesses in India,
who currently do not have a business website, plan to build
one within the next ...
Logistics
Snowman logistics gains 3.4% as promoter
Gateway Distriparks ups stake - Moneycontrol
Gateway Distriparks, which is the promoter for Snowman logistics,
bought 11 lakh shares or 0.66% shareholding in the logistics company.
Logistics stock jumps up to
5.5% after it acquires additional stake in Snowman Logistics
Shares of a logistics company as well as its
promoter company jumped more than 5 percent on Thursday's early trades to reach
their new 52-week ...
Logistics groups seek Asian
bases to help clients offshore from China | Financial Times
We'll send you a myFT Daily Digest email rounding up the latest
Transport news every morning. The world's largest shipping and logistics groups
are ...
Top 5 Supply Chain and Logistics Companies
in India - CXOToday.com
Logistics-related businesses continue to be expanding and improving
significantly. By 2025, they are anticipated to provide a staggering 30% of ...
How effective is logistics management for
the growth of D2C brands? - YourStory.com
In today's fast-paced and competitive business
environment, logistics management emerges as a significant
aspect for D2C brands to succeed.
Retail
Mukesh Ambani's Reliance Retail eyes Rs
3048 cr fundraise for warehouse InvIT
Reliance Retail Ventures Ltd, the retail business
of Mukesh Ambani's Reliance Industries Ltd, is looking to raise Rs3,048 crore
through an ...
Qatar Investment Authority Invests $1 Billion In Mukesh
Ambani's Reliance Retail Ventures
Reliance Retail Ventures, a unit of Reliance
Industries controlled by Indian billionaire Mukesh Ambani, will receive an
investment of 82.7 billion ...
Reliance Retail valuation doubles in 3
years. Time for Mukesh Ambani to announce IPO at ...
QIA has valued Reliance Retail Ventures, the
holding company of Reliance's organised retail business, at a
pre-money equity valuation of Rs 8.3 ...
RIL may sell 8-10% more in Rel Retail ventures
to fund expansion - The Economic Times
Reliance Industries is considering selling an additional 8-10%
stake in Reliance Retail Ventures Ltd (RRVL) to raise funds
for expansion and debt ...
Reliance Retail Launches 'Yousta' Fashion
Stores; First Outlet In Hyderabad - Current Affairs
Reliance Retail inaugurates its flagship
'Yousta' Fashion Store at Hyderabad's Sarath City Mall, aimed at addressing the
fashion requirements of ...
Source of Information for this
issue: Google alert accessed on 29th August, 2023
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Mamata Sahu
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,
Dr ManashriNath, Librarian, Knowledge and Information Services Unit, Chanakya
Central Library, ASBM UNIVERSITY Bhubaneswar. Library1@asbm.ac.in; www.asbm.ac.in
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