AGP Executive Report
Last update: 2 hours agoPower Crisis in Uttar Pradesh: Yogi Adityanath ordered “zero-cut” electricity supply after protests over long outages and smart-meter fallout, demanding feeder-wise accountability and faster restoration of transformers and complaints as peak demand hit a record 30,339 MW. AI Chip Demand: Nvidia’s CFO flagged rising rental prices for older and newer GPUs—H100 up 20% and A100 up 15% in 2026—an unusual sign that AI infrastructure is still tightening supply. Market Mood Watch: Wall Street heads into a Memorial Day-shortened week with investors focused on core PCE inflation and tech earnings, while U.S. consumer sentiment sinks to another record low. Crypto & Policy: The NYT reports Trump-era CFTC moves against prediction-market staff, adding to regulatory uncertainty. Local Pressure Points: Water shortages in Kamothe sparked demands for emergency allocations, while Gorakhpur and Basti heatwaves keep triggering outages and transformer failures. Eid Trade & Food Costs: Eid is boosting markets from cleavers and knives to seasonal fruit, even as inflation bites into essentials across the region.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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