AGP Executive Report
Last update: 9 hours agoMauritius Tax-Deal Watch: Mauritius has ratified an India–Mauritius tax protocol that can deny treaty benefits if a “principal purpose” is to escape tax, giving Indian tax officials more room to challenge offshore investment structures. FDI & Portfolio Flows: India’s RBI says foreign investment sentiment is improving, with net FDI rising in April–May and FPIs turning net positive in June (about $3.1bn invested up to July 20), though May saw net FDI turn negative again. Shadowfax Block Trade: Eight Roads Investments Mauritius II, Flipkart and IMM India Fund are set to sell up to 9.08% of Shadowfax in a secondary block deal worth about ₹1,048 crore at a floor of ₹197. WTO Fisheries Subsidies Fund: The WTO Fish Fund approved nearly $2.2m in grants for 17 developing and least-developed members to implement the fisheries subsidies agreement. Royal Mail Parcel Limits: Royal Mail warns it can’t accept liability for money sent to a long list of destinations, including Mauritius, and points users to tracked services with limited compensation. AI Governance Gap in Africa: A new Africa AI Governance Index finds strategy is moving faster than enforceable laws, budgets and measurable implementation.
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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