AGP Executive Report
Last update: 12 hours agoInvestment: Bahrain signed a letter of intent with India’s PG Foils for a plant making aluminium foil for EV batteries and pharmaceuticals, expanding the kingdom’s manufacturing base. Banking: Bandhan Bank aims to issue 100,000 credit cards by the end of FY27, using them to attract corporate salary accounts and grow its customer base; it has issued 34,000 since August. Regulation: Australia’s ASIC warned superannuation funds to improve complaints handling after reviewing 45 trustees, saying unresolved complaints can signal wider service failures and could prompt enforcement. Competition: The UK’s CMA opened an investigation into Meta’s commercial terms for publishers and advertisers, examining whether the company imposed unfair conditions. Corporate taxes: A report found 114 profitable US companies paid no current federal income tax in 2025; 706 firms reported a combined $1.88 trillion in profits and an average current tax rate of 10.4%, below the statutory 21%. Energy costs: India raised commercial LPG prices by ₹10 per cylinder and aviation fuel by ₹1.37 per litre from November 1, adding to costs for businesses and airlines.
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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