Counterfeit-fighting tech: IIT Guwahati researchers unveiled light-emitting perovskite nanomaterials that can create security patterns harder to copy than standard printing or imaging—aimed at fake currency, forged documents, and other counterfeit goods. Inflation pressure: India’s finance ministry warned retail inflation could pick up as fuel prices rise and monsoon rains may be weaker than normal, with Hormuz-related energy disruptions still a key driver. Consumer spending squeeze: A report says nearly 61% of Americans are cutting back on groceries and essentials as gas prices climb and broader costs rise. Product safety recalls: The U.S. CPSC ordered a recall of Giantex reclining chairs after a finger amputation tied to pinch-point hazards; separate reports also flag lounge chair recalls after similar injuries. Retail/brand expansion: Netflix is pushing deeper into consumer products with new toy and Wonka-branded partnerships, targeting kids and family audiences. Trade and logistics risk: Shipowners report rising Strait of Hormuz traffic after U.S. guidance, but fuel security concerns remain. Hygiene manufacturing: ANDRITZ will supply a diaper production line to ATCO Hygienics in Tashkent to expand Central Asia capacity. Shopping season marketing: Momcozy is ramping up for Southeast Asia’s 6.6 sale with discounts and a “Global Leadership × Local Trust” message. Drug interdiction: Philippine customs intercepted suspected illegal drugs in five unclaimed inbound parcels declared as everyday consumer items.