Import & Electronics: India cut import duty on smartphones and electronics parts, with exemptions and a simplified customs framework aimed at boosting cost competitiveness and investment in local manufacturing, including lithium-ion battery supply chains. Food Safety & Retail: FSSAI issued nine notices to Swiggy Instamart after consumer complaints alleging food safety violations, requiring a compliance response. Medicines Regulation: India tightened rules for high-alcohol medicinal formulations, moving many products to licensing and prescription-only access to curb misuse. E-commerce & Consumer Data: The government is considering a nationwide retail consumption survey via MoSPI to track point-of-sale purchases across retail categories, complementing household consumption data. Trade & Partnerships (India–NZ): PM Modi and New Zealand PM Luxon elevated ties to a Strategic Partnership and backed an India–NZ FTA push for deeper trade, services, tech and talent mobility by 2030. Consumer Markets & Innovation: Magnum opened an R&D and innovation centre in Bengaluru to speed up India-focused ice cream and packaging development. Sustainability & Industry for Consumers: Adani and Dioxycle partnered to pilot low-carbon formic acid production using captured CO2 and renewable power, targeting scalable cleaner chemical inputs. Markets Watch: India’s Nifty and Sensex ended the week slightly lower amid West Asia tensions and crude volatility, with sentiment supported by early Q1 updates.