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AGP Executive Report

Last update: 12 hours ago

Digital Payments in Focus: UPI value moderated to ₹28.9 lakh crore in June (from a record ₹29.9 lakh crore in May) while annual growth stayed strong at ~20% YoY; volume slipped month-on-month to 22.72 billion, but the daily average hit a new high of 757 million—showing UPI’s push into low-value payments. Cross-Border UPI Upgrade: NPCI partnered with HSBC India and J.P. Morgan Payments to enable real-time FX conversion and settlement for international UPI transactions, letting users see the exact INR amount at checkout as UPI expands across countries including Bhutan. Fuel Costs & Aviation Relief: India cut domestic ATF by ₹5/litre to about ₹110/litre, easing a major airline cost, alongside revised export duties from July 1 (diesel/ATF down, petrol up) to protect domestic supply. Bhutan Development & Skills: Bhutan’s first batch of Climate Studies PhD graduates received certificates from CNR, building local expertise for climate-resilient agriculture and food systems. Census Modernisation: Bhutan is preparing PHCB 2027 as its first fully digital census using CAPI to improve data quality and speed. Entrepreneurship Push: Bhutan launched a National Entrepreneurship Strategy 2026 to tackle inactive licenses and help startups scale through regulatory, finance and market-access reforms. Tourism & Integrity: A Thimphu regional meet discussed measuring anti-corruption effectiveness, while Bhutan’s tourism investment drive and GI product launches aim to boost incomes and heritage-linked trade.

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.

AGP Wire

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Jun. 16, 2026

Bhutan and Singapore expand agri-food trade ties with first Mini Bhutan Market

AGP

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Jun. 17, 2026

Facet Power launches Nagaland-Bhutan bamboo-to-clean-energy project

AGP

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Jun. 30, 2026

Ralph Iantosca lands sixth straight Condé Nast Traveler honor

AGP


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Bank holiday news: Banks to remain closed for 12 days in July, check complete holiday list for Delhi, Noida, Uttar Pradesh, Punjab, Maharashtra, West Bengal, other states

Bank holiday news: Banks to remain closed for 12 days in July, check complete holiday list for Delhi, Noida, Uttar Pradesh, Punjab, Maharashtra, West Bengal, other states

Economic Watch: China's mountain buckwheat moves from margins to global health food chain

Economic Watch: China's mountain buckwheat moves from margins to global health food chain

Bank holidays in July 2026: Full list of bank holiday dates across India, check state-wise closures

Bank holidays in July 2026: Full list of bank holiday dates across India, check state-wise closures


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Jun. 16, 2026

Bhutan and Singapore Deepen Agri-Food Trade Ties as First Bhutan Market Opens in the City-State

EIN Presswire

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Jun. 17, 2026

Facet Power Announces Nagaland–Bhutan Project EcoSystem Converting Naga Bamboo into Renewable Biocarbon & Clean Energy

EIN Presswire

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Jun. 8, 2026

Ceffu Receives Full Financial Services License in Bhutan’s Gelephu Mindfulness City

GlobeNewswire, Inc.

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Jun. 3, 2026

Red Rice Market Hits USD 3.63 Billion, Set for Rapid Growth to USD 4.8 Billion by 2032 at 4.06% CAGR

EIN Presswire

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May 22, 2026

Philip R. Lane: Europe and the world economy

ECB - European Central Bank

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May 21, 2026

ICIC Celebrates National Small Business Changemakers and 2025 IC100 Award Winners

GlobeNewswire, Inc.

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