AGP Executive Report
Last update: 8 hours agoTunnel Tragedy: A methane-triggered explosion collapsed an under-construction tunnel at the Teesta hydropower project in Sikkim, killing 10 and leaving 17 missing as rescue teams battle toxic gases. Tourism Push: The Centre has sanctioned 117 tourism infrastructure projects worth ₹5,756.62 crore to improve connectivity and visitor amenities under schemes like Swadesh Darshan and PRASHAD. Gold & Markets: Gold prices rose for a third straight day, with 24K up to around ₹1,44,220 per 10g, tracking firmer global bullion. Auto Deal Watch: Volkswagen is in advanced talks to sell a stake in its India unit to JSW, potentially boosting capital for Skoda Auto Volkswagen India. Aviation Update: IndiGo kept dominance with 66.3% market share in June, even as domestic passenger traffic dipped 1.03% month-on-month. Digital Payments: India and Spain agreed to accelerate talks on linking UPI with Bizum to expand cross-border instant payments. Energy & Trade: India signed 8.4 mtpa of long-term LNG contracts in 2025; separately, farmers intensified protests against the proposed India-US trade deal. Health & Business: DCGI approved Takeda’s QDENGA, India’s first dengue vaccine for ages 4-60, while Granules India reported a near 60% jump in Q1 profit on margin improvement.
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.