AGP Executive Report
Last update: 9 hours agoGreen Logistics: UltraTech Cement starts deploying 45 electric heavy-duty trucks (55-tonne each) with Energy In Motion to move clinker from Kotputli (Rajasthan) to Delhi-NCR grinding units, cutting 8,900+ tonnes of CO2 annually. Energy Markets: India’s thermal coal imports hit a four-year low in Jan-May at 65 million tonnes (-12% y/y) as Coal India ramps output and renewables rise 22%. Healthcare Investment: KKR is in talks to buy a controlling stake in Medicover Hospitals India as the hospital chain prepares for an IPO, potentially a $1bn+ deal. Opposition Politics: CPIML (Liberation) rejects Congress’ cross-voting accusation in Jharkhand Rajya Sabha polls, calling it malicious and urging trust within the INDIA bloc. Urban Disruption: Mumbai’s BEST faces an indefinite strike, with bus services severely hit for commuters. Trade & Industry: India-UK CETA kicks in July 15, with UK car imports getting concessional duties and broader tariff cuts for goods like whisky and medical devices. Water Stress: Mumbai reservoir stocks fall below 10%, with another 10% cut under consideration. Policy/Industry: Delhi EV Policy 2.0 is set for Cabinet review next week, with debate over incentives for hybrid vehicles. Aerospace: Red Balloon Aerospace and Armenia’s Bazoomq sign an MoU for near-space balloon tech and AI/edge-computing trials.
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.
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