AGP Executive Report
Last update: 7 hours agoEnergy Shock in India: Petrol and diesel prices were hiked again—by ₹3 across variants—while Delhi CNG jumped by ₹2 per kg as the Strait of Hormuz blockade and West Asia war keep cranking up crude costs. Inflation Pressure: Wholesale inflation surged to a 42-month high of 8.3% in April, with fuel and power inflation jumping sharply. Policy Pushback: India’s RBI and government messaging is turning into “save fuel, cut spending” mode as banks and NBFCs brace for West Asia spillovers. Trade Diplomacy: Korea’s trade minister kicked off Korea–Mexico FTA push, proposing a strategic dialogue and working group to tackle tariff and quota frictions. APEC Focus: APEC met in Shanghai on expanding women’s participation in the digital economy and green transition. US–China Talks: Trump and Xi head into the final day of talks in Beijing, with Taiwan tensions still the big risk point.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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