AGP Executive Report
Last update: 10 hours agoMarket Mood: India’s Sensex and Nifty ended a fourth straight week lower as global bond yields rose, West Asia tensions pushed crude higher, and FIIs kept selling; the rupee’s strength and steady domestic demand (GDP, GST, and DII buying) helped limit the damage. Sustainable Business: B Lab Africa launched the seventh cohort of its Resilient Sustainable Business programme, targeting SMEs across Africa including Mauritius, with applications closing 9 September. Payments & Trade Finance: Xinhua reports the RMB’s growing role in Africa, moving beyond trade settlement into payments, clearing and even financing as settlement links expand. Mauritius in the Spotlight: Mauritius-based investors appear in India’s capital markets—Goldman Sachs Investments (Mauritius) is among anchor investors in Pranav Constructions’ IPO, and Mauritius-linked entities are also referenced in SEBI’s Adani-linked short-selling probe. Digital Payments Push: WhatsApp rolled out bill payments in India, riding the UPI boom. Big IPO Watch: SEBI cleared the NSE’s long-delayed IPO (about ₹30,000 crore), while SEBI is also reviewing volatility issues tied to the Closing Auction Session. Travel & Tourism: IndiGo plans daily Mumbai–Dar es Salaam flights from November, adding to its Africa network that already includes Mauritius and Seychelles.
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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