AGP Executive Report
Last update: 10 hours agoMining Reform: The Centre is drafting a replacement for the 1957 mining law, aiming to simplify rules and improve efficiency as the sector adapts to new technology and strategic needs. Energy & Refining: Oil companies have excluded sugar-based ethanol from their 2026–27 tender and cut the maize-ethanol price, while seeking 11 billion litres overall. Russian crude imports fell 13% in September as prices rose; Indian refiners exported 15.1 million tonnes of fuel in the quarter, lifting petroleum’s share of exports to a 12-quarter high. Trade & Investment: The India-EFTA pact is drawing Norwegian interest in manufacturing, renewables and infrastructure, with commitments of $100 billion over 15 years. DP World’s CEO urged India to replace fixed-term port concessions with longer-term government-private partnerships, as the company plans another $5 billion of investment. Startups: Delhi approved a ₹50-crore foundation to help startups and MSMEs access testing, mentorship and investors. Auto Finance: Vehicle loans reached ₹12.76 lakh crore in June, with delinquencies at record lows for passenger-car lending, as September vehicle sales hit a monthly record.
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