ASBM UNIVERSITY
INFORMATION
UPDATES
Vol. 11(68) Date. 05.08.2025
CHANAKYA CENTRAL LIBRARY
(Weekly Selective Compilation of News from Various Sources)
GLOBAL BUSINESS NEWS
Double-sided panels
could lift Hong Kong's solar output | Asian Business Review
Some May Be Optimistic About International Business Machines'
(NYSE:IBM) Earnings
International Business Machines Corporation's ( NYSE:IBM ) earnings announcement last week didn't impress shareholders...
After
Donald Trump's 'massive oil reserves' deal, US to ship crude to Pakistan soon
International Business News: Pakistan is poised to receive its first-ever US crude oil shipment later this year, marking a significant trade ...
US-South Korea deal: Seoul faces 15% tariff, 'America will not be charged'
International Business News: President
Trump announced a trade agreement with South Korea, imposing a 15% tariff on
South Korean imports while ...
China's
giant hydropower project crucial for decarbonisation but comes with risks
Please enable your javascript! Asian Business Review website works best ... Asia's top leaders at the Asian Management Excellence Awards 2026.
INDIAN BUSINESS NEWS
India's gas supply dries up amidst price swings - Asian
Business Review
Gas-fired power is losing out to more competitive renewable energy sources. India's gas-fired power sector is facing a severe decline, ...
India's AI-driven tech
firings could derail middle class dreams - BBC
India's largest IT
services company has announced it will reduce its workforce by
2% as it gets future ready for AI.
India
moves towards becoming a global hub for business education
Geoff Perry, Executive Vice President, Chief Membership Officer, and Managing Director for Asia Pacific at AACSB International, discusses India's move ...
Trump dumps 25% tariff on India from Friday, plus
penalty for buying Russian oil
India Business News: NEW DELHI: US President Donald Trump on Wednesday announced a 25% tariff on all goods imported from India, along with an ...
Indian contract drug makers timed their IPOs right. But is the business worth
the premium?
Opportunities in traditional pharma companies with a focus on domestic formulations and US generic drugs are drying up because of a slowdown in ...
ODISHA BUSINESS NEWS
The Government of Odisha and the
Singapore-headquartered Global Finance & Technology ...
GFTN hosts a worldwide
network of forums (including its flagship event, the Singapore FinTech
Festival); advises governments and companies on
policies ...
Odisha inks MoUs with 33
textile firms to boost sector growth | Textile Policy News India
On 25th July, 2025, Odisha signed 33 Memoranda of Understanding (MoUs) with companies in the textile and apparel sector.
Investors see strong growth potential in Odisha,
says Luxembourg envoy
Ambassador of Luxembourg to India, Peggy Frantzen, on Wednesday said that the business community of her country see Odisha as one of the ...
Odisha set to unveil India's first global FinTech hub in
Bhubaneswar on August 21
I-GFTCH will also house a Centre of Excellence (CoE) to foster
digital innovation and business acceleration. Designed as a
launchpad for local ...
Odisha Expanding Incentives To Fix Bias Towards Medium
Units: Industries Secy
Despite Odisha's MSME growth, how do you address persistent challenges like access to affordable credit and delayed payments to small businesses?
Vedanta's greenfield aluminium smelter project in Odisha amongst
biggest manufacturing ...
... Odisha's Dhenkanal district, as per the
Centre for Monitoring ... Business News Companies News
Markets News Economy News Forex News Agri ...
SECURITY
MARKET NEWS
Stock
market at near two-month lows: Why are FIIs selling Indian stocks?
Explained
India Business News: Indian stock markets are experiencing a downturn, hitting near two-month lows as Nifty50 and Sensex drop over 2%.
US
markets open lower after Trump raises tariffs on dozens of countries
However, the White House has said that the progress a country has made towards negotiating a trade deal with the US has been taken into account in setting the latest tariff rates.
Indian factory growth hits 16-month high, business outlook
darkens, PMI shows | Reuters
Indian manufacturing growth expanded at its fastest pace in 16 months in July, driven by robust demand, but business confidence fell to a ...
Donald Trump's tariffs to hit less than expected! IMF raises global
growth forecast to 3% for 2025
International Business News: The IMF has revised its global growth forecast upward for 2025 and 2026, anticipating a boost from early stockpiling ...
Citi Markets to grow Asia rates and prime business headcount
by up to 10%
Declan Sun via Unsplash. Citi Markets to grow Asia rates
and prime business headcount by up to 10%. IPO activity has
rebounded and Citigroup traders ...
GENERAL
NEWS
India
in, China out: Majority of iPhones sold in the US from India, says Apple CEO
Cook
International Business News: Apple CEO Tim Cook confirmed that the majority of iPhones sold in the US during the last quarter were manufactured in ...
Synergy Marine appoints Indian Vikas
Trivedi as Co-CEO for ship management
Trivedi becomes the
second Indian to take a leadership role at
Singapore-headquartered Synergy Marine, joining Ajay Chaudhry, who continues to
lead ...
Big tech has spent $155bn on AI this year. It's about to spend hundreds
of billions more
Over the past two weeks, Meta, Microsoft, Amazon, and Alphabet, Google's parent, have shared their quarterly public financial reports. Each disclosed that their year-to-date capital expenditure, a figure that refers to the money companies spend to acquire ...
Source of Information for
this issue: Google alert accessed on 5th August, 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
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