US-India Energy Reset: Marco Rubio met PM Modi in New Delhi, pitching US energy exports to “diversify” India’s supply and warning Iran won’t be allowed to “hold the global energy market hostage,” while also pushing deeper defence, trade and critical tech ties and inviting Modi to the White House. West Asia Pressure on Consumer Costs: India’s oil firms raised petrol and diesel again (third time in about 10 days), but IndianOil says there’s no nationwide fuel shortage; LPG sales to households fell 11% in April amid Strait of Hormuz-linked supply strain. RBI Macro Signal: The RBI bulletin flags India’s resilience in April despite global uncertainty, while ASSOCHAM argues inflation is steadier than peers and urges the repo rate to stay put. Corporate Moves in Pharma: Anupam Rasayan agreed to buy up to a 48.2% stake in Bliss GVS Pharma, aiming to build a specialty pharma platform. AI Chips, China Included: Nvidia CEO Jensen Huang said its $200B CPU market forecast includes China despite chip restrictions. China Safety Shock: A gas explosion at a Shanxi coal mine killed at least 90, with rescue still ongoing. Retail & Lifestyle Momentum: Amazon’s Great Summer Sale points to heat-driven demand and premiumisation; Miraggio is expanding offline stores in India.