ASBM UNIVERSITY
INFORMATION UPDATES
Vol. 11(61) Date. 02.04.2025
CHANAKYA CENTRAL
LIBRARY
(Weekly Selective
Compilation of News from Various Sources)
GLOBAL BUSINESS NEWS
Trump announces 25% tariffs on imported cars: Musk's Tesla
takes a hit, but could still win
International Business News: US
President Donald Trump announced a 25% tariff on all imported vehicles and key
auto parts, impacting Tesla and ...
Tesla's sales drop nearly half in Europe as backlash against
Musk intensifies
International Business News: Tesla
sales in the European Union dropped sharply in the first two months of the
year, as Elon Musk's politics and ...
US overtakes China as world's billionaire capital, India holds 3rd spot: Hurun
Global rich list
International Business News: The US has
regained its position as the global leader in billionaires, surpassing China
after a decade with 870 ...
Australian firms expect financial crime surge in 2025 -
Asian Business Review
64% of Australian financial institutions expect financial crime risks to rise in 2025, but only 16% consider their organisation's programme as ...
INDIAN BUSINESS NEWS
India's business growth dipped in March due to weaker services
demand, PMI shows
India's business activity growth
slowed in March, as strong manufacturing expansion couldn't fully offset a
slowdown in the services sector, ...
German chemical firm plans $1.5 billion investment
in India, says Goyal - The Times of India
India Business News: Commerce
and Industry Minister Piyush Goyal shared that a German chemical firm plans to
invest USD 1.5 billion in India.
Adani and Birla set to clash in wires & cables sector
after cement rivalry - The Times of India
India Business News: Adani
Group and Aditya Birla Group are set to enter the high-growth wires and cables
sector, challenging an industry ...
IMF asks Indian banks to adopt global
norms for credit risk management
Indian banks need to
strengthen credit risk management by adopting International
Financial Reporting Standards (IFRS 9) and enhancing supervision ...
MSMEs fear ₹1.5 lakh annual burden as India rolls
out new GST Invoice Management System
The India SME
Forum has recommended a phased IMS implementation similar to the e-invoicing
transition, with a six-to-twelve-month window that ...
Indian logistics sector expects growth
fuelled by rise in e-commerce in 2025
High e-commerce demand
has positively impacted the logistics sector with the Indian
industrial and logistics (I&L) sector expecting a
significant ...
ODISHA BUSINESS NEWS
Odisha govt clears ₹1.65 trn
investment proposals, to create 50K jobs - Business Standard
The Odisha government on Thursday approved 10 investment proposals, including those of Vedanta Ltd and JSW Steel, worth over Rs 1.65 lakh crore, ...
Odisha drone startup makes historic entry into US defense
market - The Times of India
India Business News: BonV Aero, a Bhubaneswar-based startup, has been selected for the I2A Launchpad programme, paving the way for collaborations ...
Bengaluru-Kamakhya Express derails in Odisha:
7 injured, 3 trains rerouted
The Bengaluru-Kamakhya AC Express derailed
in Odisha's Cuttack district, injuring seven people. ... Business Today
Desk. Updated Mar 30, 2025, 4:03 PM ...
Odisha to add 10 GW thermal power capacity in next 6 years
... Odisha,
including potential joint ventures with power generation companies (GENCOs)
from other states. The meeting also addressed key issues such ...
SECURITY MARKET NEWS
US stock market bounce back after shaking off 4-week
losing streak as tariff worries subside
International Business News: Stocks
rose on Wall Street as it deals with uncertainty caused by the ongoing trade
war. The S&P 500, Dow Jones, ...
International Business Machines
(NYSE:IBM) Partners With Datavault AI To Enhance AI Monetization
In a robust quarter
for International Business Machines (NYSE:IBM), the company's
stock saw a notable on-market price increase of 9%.
Share Market Highlights: Sensex jumps 1.4%, Nifty gains
1.32% as foreign buying lifts markets
On March 24, S&P
Global Manufacturing PMI data for India and the US will
indicate manufacturing activity and business confidence. This
will be ...
Indian stock markets
reverse 2025 losses! Bulls party as foreign investors return to D-Street
India Business News: Since
March 17, BSE Sensex has risen over 5.6% or 4302.47 points, while the broader
50-share index Nifty50 has also rallied ...
Retail growth slows in fourth quarter
of FY25, industry looks to FY26 for revival - CNBC TV18
Bijou Kurien, Chairman of Retailers Association
of India remain cautiously optimistic about FY26, hoping for a boost from
potential RBI rate cuts ...
Reinsurance renewal rates likely to see a drop of up to
10% in FY26 - Business Standard
During the April
reinsurance renewals, Indian insurance companies transfer a
portion of their risk portfolios to reinsurers by paying a certain ...
GENERAL NEWS
Earthquake impact: Indian businesses may suffer losses worth
crores - CNBC TV18
The massive earthquake
that struck Myanmar and Thailand on Friday, March 28, has raised alarm
among India's business community, particularly in ...
Indian Railways to
introduce access control and permanent holding areas at 60 stations for ...
In an effort to enhance passenger safety and streamline crowd management, Indian Railways
will implement a comprehensive Access Control System ...
Allianz Trade appoints new Korea country manager - Insurance
Asia
Allianz Trade in Asia Pacific
has appointed Wongi Kim as country manager for South Korea, effective1 April.
BJP govt's economic management is
facing structural challenges: Shashi Tharoor in Parliament
... management is facing
structural challenges. “The Finance Minister's Budget speech in this house
reminded me of the garage mechanic who said I ...
Asset Management Awards 2025: Marquee
winners - AsianInvestor
Celebrating the
pinnacle of excellence in Asia's asset management industry.
Congratulations to our distinguished 2025 Marquee winners.
Source
of Information for this issue: Google alert accessed on 2ndApril,
2025
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
