AGP Executive Report
Last update: 12 hours agoRBI Tightens Policy: India’s central bank raised the repo rate 25 bps to 5.50%, ruled out near-term cuts, and lifted FY27 GDP growth to 7.1% while flagging West Asia-driven oil volatility and AI-related valuation risks. Cyber & AI Risk: RBI Governor Sanjay Malhotra said cyber risks from AI are a bigger concern than asset bubbles, while a Yubico-Okta survey found nearly half of security professionals still rely on passwords despite knowing passkeys are safer. Energy & Investment Signals: India’s battery storage needs are set to jump nearly 7-fold to 236.22 GWh by FY2031-32 (up to Rs 3.49 tn), and quick commerce is forecast to reach $90 bn by FY2031. Trade & Connectivity: UAE-Eurasian Economic Union preferential trade deal entered into force, and Malaysia’s Johor Port is exploring a Belawan–Johor corridor to deepen Indonesia-Malaysia trade links. Regional Growth Watch: World Bank expects South Asia growth at 6.9% this year, with AI adoption and domestic demand supporting momentum. Business Moves: Amorepacific expands in India and scales back in the Philippines; AMD seeks Korean AI chip partners to broaden its AI inference push.
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.
Perspectify News
