AGP Executive Report
Last update: 7 hours agoFestive Spending: India’s Diwali trade is forecast to reach ₹5 lakh crore, with Delhi contributing about ₹80,000 crore. A Kuala Lumpur carnival drew nearly 200,000 visitors and gave 700 entrepreneurs a chance to grow sales. Travel Expansion: MakeMyTrip bought a majority stake in Quick Ride, entering ride-pooling and adding daily commutes to its ground-transport business. Aerospace Investment: Kennedy Space Center plans to host Capeweek, a new annual trade show beginning in 2028, with organizers aiming to attract 500,000 visitors. Banking Growth: Bank of Baroda said its Guyana business grew from $28.7 billion to more than $51.2 billion over three years, while net profit reached $774 million. Fraud Risk: Three people were indicted in an alleged AI-enabled scheme that impersonated executives and lawyers to steal about $129 million from companies. Retail Pressures: A Farnworth decorating retailer plans to close after 40 years, citing rising premises, energy and wage costs.
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