AGP Executive Report
Last update: 8 hours agoIndia–Uzbekistan Strategic Push: PM Narendra Modi’s Tashkent talks with President Shavkat Mirziyoyev elevated ties to a comprehensive strategic partnership, set a $5 billion annual trade target by 2030, and agreed a long-term uranium supply framework—alongside cooperation in trade, defence, energy, critical minerals, digital public infrastructure and UPI. Energy & Trade Shock: India exported nearly 1 million barrels of petrol to Russia over two months as Ukrainian drone attacks disrupted Russian refineries, with Russia’s seaborne gasoline imports hitting record levels. Markets & Macro: Gold and silver futures corrected sharply ahead of US jobs data and global PMI/inflation cues, while analysts flagged fresh volatility risk. EV Momentum: Tata Motors’ EV bookings rose three-fold in six months and the firm is gaining market share, though production limits may cap deliveries; Ather also launched the Konarc scooter (from ₹99,999 ex-showroom). Policy & Finance: FM Nirmala Sitharaman told the Indian diaspora in Chicago that India met the 2025-26 fiscal deficit target and is targeting a 50% debt-to-GDP ratio by 2030. Banking Expansion: Indian Bank plans ~100 new branches and ~2,500 hires in FY27, focusing on Central and Western India while aiming to improve NPAs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.