AGP Executive Report
Last update: 3 hours agoBanking Costs: Bangladesh bankers are proposing extra charges for 14 services, including fees on cash withdrawals beyond a monthly limit and higher account maintenance—sparking backlash from businesses and customers worried about rising banking costs. Corporate Accountability: Citizens Bank says it will exit lending ties with private prison operators CoreCivic and GEO Group, citing “business reasons” after public pressure. Aviation Outlook: Boeing forecasts global passenger traffic will double by 2045, pushing the commercial fleet past 50,000 aircraft, alongside strong demand for new freighters. Quick Commerce War: India’s quick-commerce firms are adding nearly 900 dark stores in three months, but expansion is overlapping in the same pin codes, intensifying competition. Energy & Security: Russia bans all freight transport by Estonia-registered trucks, while in the Gulf, Iran-linked attacks have hit Kuwait Petroleum facilities and injured workers. Solar Industry: Alpex Solar seeks MNRE ALMM List-II for a 2.2 GW TOPCon cell plant, targeting commercial production in August 2026. Legal/Health: India’s Bombay High Court cancelled bail for Shiv Sena corporator Ramesh Mhatre in the assault-on-doctors case and ordered him to surrender by July 19. Cyber Fraud Watch: SEBI warned companies about CEO/MD impersonation scams on WhatsApp and other platforms, including AI-enabled voice and video tricks.
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