AGP Executive Report
Last update: 11 hours agoGenAI & Digital Adoption: India ranks 5th globally for GenAI usage in the SIDE 2026 report, showing faster diffusion than earlier internet waves. Solar Supply Chain: From June 1, rooftop and open-access solar projects must use domestically made solar cells, with industry warning rooftop costs may rise. Manufacturing Pulse: HSBC India Manufacturing PMI hit 55.0 in May, a three-month high, led by stronger new orders and output despite sharp input-cost pressure. Energy Costs for Businesses: Commercial LPG prices were hiked again by ₹42 in Delhi (19-kg cylinder now ₹3,113.50), squeezing hotels, restaurants and small firms. Trade & Logistics: India-Oman CEPA kicks in today, giving duty-free access to 98.08% of Oman’s tariff lines and targeting gains for engineering, pharma, agri/processed food, textiles and more. Payments & Finance: RBI plans to expand digital rupee use for welfare payments and pilots for cross-border transactions. Tech & Consumer Electronics: Reliance Digital’s “Boot Up India” campaign pushes AI-ready laptops; Nvidia also unveiled a new Windows laptop chip for AI PCs. Markets & Real Estate: Mumbai and Pune home prices rose sharply in Jan–Mar 2026, while RBI forex reserves fell to a one-year low. Safety Watch: Major fires hit Delhi’s School of Planning and Architecture (ITO) and earlier building-collapse incidents keep safety compliance in focus.
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.