AGP Executive Report
Last update: 7 hours agoBRICS & India-China Diplomacy: Xi Jinping met PM Modi on BRICS sidelines in New Delhi, with both sides stressing “peace and tranquility” in border areas and a long-term, mutual-respect approach. Ship Repair Push (Kochi): Cochin Shipyard and DP World’s Drydocks World signed a 50:50 JV to run and expand Kochi’s International Ship Repair Facility, targeting higher annual repair capacity and more global fleet work. Red Sea/Hormuz Shipping Strain: The US says it redirected 100 commercial vessels in 60 days amid its Iran blockade, while Iran-Oman reached a final Hormuz route deal; meanwhile LNG and oil prices stayed elevated on route risks. Road & Rail Disruptions: Delhi Traffic Police issued BRICS and India-Afghanistan T20 advisories with curbs on key corridors and limits on goods vehicles. Bangladesh Aviation Upgrade: Bangladesh began work to turn its aviation sector into a regional hub, aiming for world-class airports, cargo handling, and MRO. Freight Rail Milestone: India’s first Vande Bharat Freight EMU completed a 130 kmph trial run on the Western Railway network for high-speed cargo operations.
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