AGP Executive Report
Last update: 3 hours agoUS-India Diplomacy: US Secretary of State Marco Rubio began a four-day India trip in Kolkata and met PM Narendra Modi in New Delhi, with both sides stressing deeper defence, trade, critical technologies and Indo-Pacific security cooperation, and Rubio extending a Trump White House invitation. Markets & FX: Foreign investors sold ₹30,374 crore of Indian equities in May so far, while India’s forex reserves fell $8.09 billion to $688.89 billion in the week to May 15. Energy & Inflation: India’s inflation looks relatively steadier than peers, with ASSOCHAM urging the RBI to hold the repo rate, as West Asia-linked energy pressures keep policy nerves high. Automotive Push: Honda Cars India says it’s seeking partnerships and plans six launches by FY26-27, with a heavy tilt toward hybrids and a BEV SUV on the way. Climate Shock: A ClimaMeter study says human-driven warming is intensifying India’s 2026 heatwave, pushing more people and economic activity into dangerous heat. China Safety & Accountability: China vowed a thorough probe after a Shanxi coal mine explosion killed at least 82.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.