AGP Executive Report
Last update: 11 hours agoItaly-India Push: Italy’s President Mattarella and PM Meloni met Modi in Rome, upgrading ties to a “special strategic partnership” and targeting €20bn trade by 2029, with cooperation flagged across defence, critical minerals, energy, tech and tourism. US-China Tech Tension: Nvidia’s Jensen Huang said the China AI chip market has shifted toward Huawei and that the company has “largely conceded” the segment under US export controls, with “expect nothing” on any near-term easing. Japan Trade Beat: Japan posted exports up 14.8% in April for the eighth straight month, helped by semiconductor demand, even as oil supply worries linger. India R&D Strain: A Niti Aayog panel warns India’s R&D spend is stuck around 0.6–0.7% of GDP and calls for 50+ fixes to cut grant bottlenecks and talent gaps. China Supply Chain Pressure: New Chinese supply-chain curbs are said to threaten India’s electronics ambitions, prompting industry to seek government relief. EV Competition: Tesla rolled out FSD “Supervised” in China, intensifying pressure on local rivals.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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