AGP Executive Report
Last update: 12 hours agoUS–China Reset: Trump’s Beijing summit ended with praise but few specifics, leaving Taiwan, tech, Iran and rare-earth issues unresolved—though both sides signaled a “stabilized” relationship. West Asia Shock to India: India’s inflation ticked up to 3.48% in April as West Asia risks keep financial conditions tighter; food pressures persist while fuel inflation eased. Assam Banking Leap: Himanta Biswa Sarma opened India’s first “phygital” bank branch in Guwahati, blending AI kiosks and paperless cash with UPI-style onboarding. India Clean Industry Push: A report says India could industrialise with less fossil lock-in via solar, electrification and batteries. Energy Security Deal: UAE will store up to 30 million barrels in India’s strategic reserves after Modi’s visit, boosting emergency supply options. China–EU Trade Clash: China warned it will counter EU scrutiny of scanner maker Nuctech under foreign subsidy rules. India Used-Car Boom: Redseer forecasts used-car sales near 10 million by FY31, making India the world’s 3rd-largest pre-owned market. Corporate/Markets: Japan’s corporate goods prices jumped 4.9% on higher crude-linked energy costs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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