Counterfeit Crackdown (India): Ahmedabad’s Crime Branch arrested three people over an interstate racket selling counterfeit blood-pressure tablets (NICARDIA RETARD 10), tracing supply links from Uttar Pradesh/Rajasthan to Gujarat medical stores and seizing strips. Gold Signals (India): A weak monsoon is part of the story, but policy is driving India’s gold discount: customs duty on imported gold was doubled to 15% in May, pushing domestic prices sharply lower versus global benchmarks. Financial Inclusion Push (India): India’s Financial Inclusion Index rose to 67 in 2026; Jan Dhan accounts hit 59.09 crore and deposits jumped nearly 20-fold, with women making up 32.92 crore beneficiaries. Banking Outlook (India): India Ratings lifted FY27 bank credit growth to 15% but warned profitability may take a hit as lenders shift to expected credit loss provisioning. Air Travel Retail Tie-in (India): Air India Express distributed limited-edition Raksha Bandhan rakhis across its network, using festive “soft branding” to deepen customer connection. Trade & Retail Policy (Japan-India): Japan assured it will review non-tariff barriers to help narrow the India-Japan trade deficit under CEPA. EU E-commerce Clampdown: The EU’s €3 levy on low-value Chinese parcels cut imports by 30–40% since July 1, hitting Temu and AliExpress volumes. Robotics Reality Check (China): Humanoid robots are multiplying, but Reuters reports they’re still slow, unreliable, and hard to train—far from replacing workers. Consumer Goods Business (India): Pernod Ricard confirmed it’s weighing a potential India IPO and has started legal steps while India sales grew 7% in FY26.