AGP Executive Report
Last update: 5 hours agoTokenised corporate bonds: India’s SEBI and RBI launched the “Demat 2.0” pilot, linking tokenised corporate bonds to RBI’s wholesale CBDC via UPI’s Unified Market Interface for atomic settlement; the test already covers ₹1,025 crore across REC, L&T and IIFL Finance, with smart contracts set to automate interest and redemption servicing. E-commerce crackdown: India’s Centre amended Consumer Protection (E-Commerce) Rules to curb deceptive pricing, dark patterns and search manipulation, require clearer sponsored-listing disclosures, and push e-commerce firms to integrate with the National Consumer Helpline from 2027. BRICS trade push: Piyush Goyal urged BRICS members to open markets, cut non-tariff barriers and link digital payments in local currencies to reduce trade friction as intra-BRICS trade nears $1.2 trillion. Airport retail momentum: Zurich Airport reported CHF429.2m retail and dining turnover in the first eight months, with airside sales up 8% despite landside disruption from renovations. Quick commerce expansion: Flipkart is rolling out a standalone “Minutes” app and a food pilot in Bengaluru, signaling a more aggressive push ahead of the festive season. Commercial real estate training: Re/Max Revolution Commercial in Rhode Island graduated a new Top Dogs cohort, adding trained agents to its commercial division.
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