US-China Tech Tensions: China hit back after the Pentagon expanded a blacklist of major Chinese tech and automakers (including Alibaba, Baidu, BYD and NIO), warning of “resolute and forceful” retaliation if firms aren’t treated fairly. Fuel Retail Crackdown (India): India restricted bulk petrol and diesel buying at retail pumps for 90 days, capping diesel at 200 litres per vehicle/customer and banning resale—aimed at stopping diversion amid the Iran-linked supply shock. Inflation Watch (India): Retail inflation rose to 3.93% in May, with food inflation climbing to 4.78%, keeping pressure on household budgets. Sovereign AI (India): MeitY launched Varya, a distilled AI video model from Avataar AI, designed to reflect local Indian context at very low per-second pricing. Consumer & Travel Rights (India): An Indian consumer commission ordered Air India Express to pay Rs 3 lakh after a woman was wrongly denied boarding to Kuwait despite a valid visa. Food Safety (India): FSSAI issued notices to multiple food businesses, including Nestlé India over Maggi, after viral consumer complaints about hygiene and contamination. Energy Transition (India): India will host Global Wind Day 2026 in Goa to push wind deployment, grid readiness and domestic manufacturing. China Tourism Push: China’s inbound travel continues to surge, with tourism growth highlighted as a key driver for jobs and spending. Retail/Brand Moves (APAC): Lululemon opened its first Romania store, while China’s Anta keeps expanding globally via premium brand strategy.