ASBM UNIVERSITY

INFORMATION UPDATES

Vol. 11(28) Date. 16.07.2024

CHANAKYA CENTRAL LIBRARY

(Weekly Selective Compilation of News from Various Sources)

 

GLOBAL BUSINESS NEWS

US immigration opens doors to business owners with new International Entrepreneur Rule

United States Department of Homeland Security has launched a news International Entrepreneur Rule for business owners across the world.
East Lancashire Chamber of Commerce Welcomes Three New International Trade Club Members

Mandy Lockett, International Business Director of the Chamber, commented,. “We are delighted to welcome six new members to the International Trade ...

Boeing warns customers of further delays on 737 Max amid crisis - The Economic Times

The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow. ... Business NewsNewsInternationalBusinessBoeing warns ...

APAC insurance risk officers confront these 3 top concerns head-on

“Asia is one of the fastest-growing regions globally, which naturally leads to a strong focus on new business generation,” Chng told the magazine. “ ...

The 13th Asian Business Summit Joint Statement (2024-07-05)

On July 5, 2024, 13 Asian Economic Organizations gathered at Keidanren for the 13th Asian Business Summit. Asia's economic growth rate is ...

Investment Managers Smile On Asian Equities - Wealth Briefing Asia

Other wealth managers also favour Asian equities in 2024. “Asia remains the most important growth engine of the global economy with projected GDP ...

China trails in millionaire growth forecast as Russia keeps steady pace - Nikkei Asia

Commodity prices have helped support Russian wealth, said Paul Donovan, chief economist for UBS Global Wealth Management during a call on Wednesday. " ...

Modern retail demands require cutting-edge technologies | Asian Business Review

Hiromi Yamaguchi, research manager at Euromonitor International, identified five main themes shaping retail priorities in Southeast Asia with his ...

INDIAN BUSINESS NEWS 

International Business: India plans to overhaul state-run companies - Gulf Daily News

India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the interim ...
India's 360 ONE names CEO for asset management arm - Asian Private Banker

Indian wealth manager 360 ONE has appointed a CEO for its asset management arm to enhance its alternative investments capability.
India needs effective fleet management: HERE - Express Mobility News

India needs effective fleet management: HERE · The rise in asset tracking technology has resulted in a wealth of data at the disposal of fleet managers ...
Investors chase wealthtech startups in India as affluent class grows - TechCrunch

... India's wealth management market is currently under professional management, according to analysts. Different segments of affluent India. Data ...
Business as usual: Indian companies stay put in sanctions-hit Russia

India is second to the United Arab Emirates and ahead of Turkey and China in terms of the share of foreign companies retaining operations in Russia.
Indian box office roars to life, grossing Rs 5053 cr in 2024 first half - Business Standard

By the end of its theatrical run, Kalki, released on June 27 this year, is expected to gross Rs 786 crore at the Indian box office (BO) alone.
Russia talks up business with India as Modi visits Moscow - Reuters

Russia and India agreed to increase cooperation in sectors ranging from nuclear power to shipbuilding and discussed how to fix payments problems ...
Total value of India's top 100 realty companies soars 70% in 1 year: Report

The total valuation of these companies in India currently stands at Rs 14.2 trillion: 2024 GROHE-Hurun India Real Estate 100 list.

India's retail inflation rises to 5.08% in July - Deccan Herald

The Consumer Price Index (CPI) based retail inflation was 4.8 per cent in May 2024 and 4.87 per cent in June 2023 (previous low). PTI. Last Updated : ...

India's retail digital payments set to double to $7 billion by 2030: Report - Business Standard

With digital adoption fast gaining currency, India is likely to see retail digital payments double to USD 7 trillion by 2030 from current levels, ...
New Kid on the Block: India's Largest Multi-Modal Logistics Hub in Greater Noida

Greater Noida is set to become a cornerstone of India's logistics infrastructure as the Uttar Pradesh government's plans for the development of a ...
India's banking system needs to be strong & resilient to power the economy: Special focus ...

... Bank of India ensured that the banking sector got on track. By Bikash Narayan Mishra. Indian banks are all set to chart a new course. As India ...

ODISHA BUSINESS NEWS

Odisha govt approves 26 investment projects worth Rs 5992.92 crore - Business Standard

The Odisha government on Wednesday approved 26 investment projects worth Rs 5992.92 crore, which are expected to create employment for more than ...
Tata Power invests over Rs 4,200 crore in network expansion, upgrade in Odisha

The company operates four Discoms in joint ventures with the government of Odisha - TP Central Odisha Distribution (TPCODL), TP Western Odisha ...
Odisha farmer group, CSIR institute in pact to promote floriculture - The Hindu BusinessLine

Sabuja Sanatanpali Farmer Producer Company Limited (SSFPCL), Odisha's first floriculture-based farmer producer organisation (FPO), has signed an ...

Odisha gets nod to clear 1524.17 ha of forest land for irrigation project - Business Standard

The Ministry of Environment and Forests (MoEF) has approved the diversion of 1524.17 hectare of forest land for the construction of an irrigation ...
Odisha: Paradip port handles record 41 million tons cargo in first 100 days of 2024-25

... Business. Odisha: Paradip port handles record 41 million tons cargo in first 100 days of 2024-25. Paradip Port Authority (PPA) in Odihsa has clocked ...
Inflation is highest in Odisha at 7.22% followed by Bihar and Karnataka: SBI research

Odisha had the highest inflation at 7.22 ... (Catch all the Business News, Breaking News, Budget 2024 Events and Latest News Updates o…

SHARE MARKET NEWS

International Business Machines Corp. stock outperforms competitors despite losses on the day

Shares of International Business Machines Corp. shed 0.65% to $176.48 Tuesday, on what proved to be an all-around mixed trading session for the ...
Why is Modi govt afraid of its own successes? Banking, stock market, GST hold the answer

Since 2014, the Modi government has been aggressively expanding access to banking services and encouraging participation in the stock market.
Japan's SMFG issues new shares worth $23.89m | Asian Business Review

The move is part of its stock compensation plans. Sumitomo Mitsui Financial Group (SMFG) issued 341,902 new shares on 5 July.

Bosera HashKey BTC and ETH ETFs Top Asian Markets - PR Newswire

PRNewswire/ -- Yesterday, the Bosera HashKey Virtual Asset ETFs achieved a historic breakthrough, with their total assets under management (AUM) ...

Nifty 50, Sensex today: What to expect from Indian stock market in trade on July 10

The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading flat at around 24,480 level. On Tuesday, the domestic equity indices ended higher, ...

Raymond share price jumps 18% in 3 days on demerger plans; Should you buy the multibagger stock?

Multibagger stock: Raymond share price has been buzzing with a 50% return since June, creating a buying opportunity. The demerger into Raymond Realty and the positive outlook on real estate and engineering businesses have led to a re-rating.
International Business Machines Corp. stock outperforms competitors on strong trading day

Shares of International Business Machines Corp. advanced 2.53% to $182.83 Friday, on what proved to be an all-around positive trading session for ...

Asian stocks rise on expectations of rate cuts, yen stays near 38-year lows

Asian stocks rise on expectations of rate cuts, yen stays near 38 ... Copyrights © 2024 Business Standard Private Ltd. All rights reserved.
NLC India Shares Rally 5% on Acquiring Coal Mine Block in Odisha - Equitypandit

Shares of NLC India Ltd rallied 5% on 8 July after the company acquired a second commercial coal mining block at Machhakata, Odisha.

Paytm share price surges 10%, up 17% in July so far; why is the stock skyrocketing?

From February to May this year, the stock suffered a massive loss of about 53 per cent after the Reserve Bank of India (RBI) directed it to close its payments bank arm, Paytm Payments Bank (PPBL), from March 15 due to non-compliance with KYC norms and ...
Tanla Platforms spurts on bagging international deal | Capital Market News

Tanla Platforms is a global leader in cloud communication services. ... Copyrights © 2024 Business Standard Private Ltd. All rights reserved.

GENERAL NEWS

Investment management update - July 2024 - Macfarlanes

This publication has been tailored to highlight topical news, cases and changes in the law impacting the investment management sector.

Budget 2024: Govt likely to introduce insurance laws amendment bill - Business Standard

The government is likely to introduce a bill seeking amendments to the Insurance Act, 1938, during the upcoming Budget session to achieve ...
Improve operational efficiency with Supply Chain Management by Maersk.

Supply chains in the Asia Pacific region are facing a new set of challenges, ranging from slow economic growth to labour issues and growing demand ...

Monthly US consumer prices post first drop in four years as inflation subsides

Consumer price index falls 0.1% in June · CPI increases 3.0% year-on-year · Core CPI gains 0.1%; rises 3.3% year-on-year · Weekly jobless claims fall 17,000 to 222,000 · Continuing claims decline 4,000 to 1.852 million.

RBI to send strict 'zero tolerance' message to banks' bosses - The Economic Times

Governor Das emphasized risk awareness. Digital banking restrictions on Kotak Bank, IIFL Finance, and others were due to regulatory lapses. By SANGITA ...
How the Russia-Ukraine war has impacted on logistics routes and supply chains

During last three years majority of logistics challenges were connected to military conflicts and political instability, including the war in Ukraine, ...
Retail inflation rises to 5.08% in June; IIP jumps to 5.9% in May | Economy & Policy News

Retail inflation: Earlier, RBI governor Shaktikanta Das on Thursday said that with retail inflation still above the 4 per cent target, ...
The Role of Audio Quality in Effective Business Communication: Why Every Word Matters

High-quality audio in business communication plays a pivotal role. It drives productivity, professionalism, & success in today's digital and ...
DeepL launches new French and Spanish AI writing assistant to improve business communications

"We hear time and time again that clear and effective written communication can be a problem for our customers in business, even in their native ...
Future of HR: Balancing technology and human empathy in decision-making - India Today

Human Resource Management (HRM) has consistently prioritised employee engagement and well-being as a significant and ever-changing focus throughout ...

 

rce of Information for this issue: Google alert accessed on 16th July, 2024
Knowledge Is Power. Be Informed, Be Knowledgeable, and Be Powerful.
Best Wishes Compilation
Rasmita Barik
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.in; www.asbm.ac.in