AGP Executive Report
Last update: 7 hours agoLuxembourg-linked FDI into India: India says 29 foreign direct investment proposals worth ₹4,895.65 crore have been filed under a new automatic route allowing land-border country investors to hold up to 10% non-controlling stakes, with deals spanning IT, AI, manufacturing, pharma, data centres and transport; the filings include investors/entities based in Luxembourg. Finance & markets: ETFGI reports global ETF industry assets hit a record $23.11tn at end-July, with $383.6bn net inflows in July and $1.71tn year-to-date. Local life & tech-adjacent: Luxembourg’s Schueberfouer fair opens Friday with new VR-enhanced rides and 214 stalls, while authorities keep safety rules unchanged. Cyber & business: Ronan Murphy’s cybersecurity group says it booked a €14m gain from selling its stake in Cork AI firm Getvisibility. EU infrastructure: The ECB names the first DLT operators for Pontes ahead of its 21 September launch, alongside Appia contact group members. Health & environment: Luxembourg issued precautionary guidance after Belgian wildfire smoke drifted in. Work & services: Kyndryl says BIL staff transfers won’t be affected by its “rebalancing” cuts.
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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