Figure AI CEO Brett Adcock shared a video showing multiple robot heads moving in sync during a test. The heads appear to belong to the startup's Figure 3 robot series, which is designed for household tasks. Responding to the video, an X user wrote, "This is next-level stuff! Can't wait to see how these heads handle the real deal."

The Karnataka High Court has ordered BSNL to pay over ₹55 lakh to a co-operative bank after fraudsters siphoned off over ₹87 lakh from the bank's account in a SIM-swap fraud. The court held BSNL responsible for the negligent issuance of a duplicate SIM linked to the bank's phone number. The duplicate SIM enabled cybercriminals to receive OTPs for transactions.

Highlighting the importance of domestic consumption in India's growth story, Executive Director at World Bank, Neelkanth Mishra, said, "Sooner or later we will become a $20 trillion economy...at least $15 trillion has to come from domestic demand." He added that net exports will contribute less than $1 trillion, stressing the need to boost demand for housing, offices and infrastructure.

International Air Transport Association Director General Willie Walsh said more airlines could go out of business or face consolidation amid rising jet fuel prices. "There will be some carriers that will find this high fuel price very difficult to cope with," he stated. Jet fuel prices have risen as tensions in West Asia have disrupted supply and complicated flight operations.

SBI Research report stated that private investment in India surged 51% from ₹37 lakh crore in FY25 to ₹56 lakh crore in FY26. The report showed manufacturing leading the investment cycle with a 28.9% share, followed by power sector at 28.7%. SBI cited strong capital expenditure with addition of gross block of over 5,000 listed companies in last four years.

World Bank Executive Director Neelkanth Mishra said, “80% of the infrastructure India needs in 2047 is not yet built,” adding that India is pursuing risk-averse policies. Comparing the economy to “a car at a speed of 20 kmph,” Mishra stressed the need for faster progress. “We need to focus for next 20 years...need to keep innovating," he added.

The Finance Ministry has proposed a framework for Variable Capital Companies (VCCs) in GIFT City to attract private equity, venture capital and pooled investment funds. A VCC allows multiple funds to operate under a single umbrella while keeping their assets and liabilities separate. The move is expected to enhance GIFT City's competitiveness against global financial hubs such as the UK.

World Bank Executive Director Neelkanth Mishra said India can emerge as a winner in AI deployment despite lagging in advanced chip manufacturing. "We are going to do well...when the narrative shifts from...generation of intelligence to...deployment of intelligence," he added. Mishra noted India's Semicon 2.0 programme could help attract manufacturers to produce chips in 7-12 nm range by 2032.

OPEC+ members have agreed to increase oil output targets by 1,88,000 barrels per day from July, marking the cartel's fourth increase since the closure of the Strait of Hormuz. The group raised its output quotas by nearly 6,00,000 bpd between April and June. The increase comes despite the strait's closure preventing many members from producing more oil.

World Bank Executive Director Neelkanth Mishra, responding to concerns about the rupee potentially crossing the 100 mark against the dollar, said, "100 is just a number." However, he added that currency volatility "does a lot of damage". It raises the long-term cost of capital, delays growth and leaves small and medium enterprises vulnerable to sharp swings, he said.