AGP Executive Report
Last update: 9 hours agoMarkets & FX: Asian shares traded mixed as oil jumped and US bond yields rose on firmer activity data, rattling global risk sentiment; the rupee slid 23 paise to 95.96 per dollar and India’s Sensex fell sharply with crude up. Energy & policy: Bank of America warned Brent could spike above $150 if Middle East disruptions persist; the EU launched a diplomatic push against a proposed US diesel export ban, arguing it could tighten supply. Payments & fees: NPCI said only about 10% of UPI transaction value may face MDR charges, with most costs expected to be absorbed by corporates. Regional resilience: EBRD said Jordan showed “notable resilience” in early 2026; it also raised Albania’s 2026 growth forecast to 3.5%. Development & jobs: India’s growth outlook improved as major agencies upgraded FY27 forecasts; meanwhile, The Economist flagged India’s education system as a “misery machine” for skills and employment. Food & inflation shocks: Nepal’s floods are expected to slow growth and lift inflation in FY27, while Zambia reported 7.2% Q2 growth with easing inflation. Business & sustainability: Nestlé PH and Puregold turned used sachets into retail display materials; Stuff Group plans to streamline regional news operations. Health & trade controls: Namibia imposed nationwide FMD movement and trade restrictions on cloven-hoofed animals.
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.