Tuesday, August 5, 2025

 

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

Highly reflective, self-cooling paints could further raise energy yields by 30%. Hong Kong could increase its solar power output by as much as 80% ...

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.inwww.asbm.ac.in

 

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