AGP Executive Report
Last update: 12 hours agoAI & Power Demand: Taiwan’s economy surged as exports jumped 21.6% in Q2, driven by AI-related demand, while growth still held strong despite a slowdown from Q1. Energy Costs & Planning: New Zealand’s energy modelling pegs spending to $1.3tn by 2050, with flexibility and batteries highlighted as the lever for affordability. Monetary/Capital Flows: India’s RBI special swap facility pulled in $40.816bn in forex inflows by July 31, nearly doubling in two weeks, led by FCNR(B) deposits. India Fiscal & Tax: India’s Q1 FY27 fiscal deficit hit ₹3.1tn (18.2% of target), while GST collections rose 15.4% to ₹2.11tn in July. Farm Support: India’s Cabinet extended PM-KISAN to 2030-31 with ₹3.15tn in outlay. Corporate Earnings: Indian Oil posted a Q1 net loss of ₹1,141cr; Maruti Suzuki profit fell 9.1% despite revenue growth; ABB India profit rose 7.9%. Local Business & Trade: Jordan and Switzerland discussed expanding bilateral trade and investment ties. Consumer/Market Notes: Nepal Oil says LPG supply is regular, while Bahrain property sales topped BD134m in July. Tech Economy Debate: A U.S. report warns AI investment is draining cash and raises questions on when payoffs will arrive.
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.
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