Renewables Deal: Inox Clean Energy will acquire Singapore-backed Vena Energy’s India renewables platform (6GW portfolio; ~1.2GW operational) in a deal reportedly worth around Rs 6,000 crore, marking GIP’s exit and expanding Inox’s pipeline beyond 12GW. Investor Tax Push: India is considering tax relief for foreign investors in government securities amid rupee pressure and record FPI outflows; Congress calls it “panic mode,” while markets see it as an attempt to stem capital flight. India-Venezuela Energy Pivot: PM Modi met Venezuela’s acting President Delcy Rodriguez; talks focused on energy complementarity, trade, investment, healthcare and autos as India seeks new crude supply sources. Cross-border Payments: Bank of America plans to launch cross-border real-time payments next quarter via Swift/CashPro, targeting faster, lower-cost flows for corporates and financial institutions. Delhi Fire Crackdown: After the Malviya Nagar B&B blaze that killed 21 (including 12 foreigners), Delhi orders fire safety audits and withdraws the B&B licensing scheme; investigations point to serious safety and licensing violations. Markets & Currency: Gold ETFs saw their first monthly outflow in a year in May as investors booked profits after higher import duties; India’s GDP growth is seen easing to ~7.1–7.2% in Q4 FY26. US Tariff Threat: The US proposes additional tariffs tied to forced-labour claims, with India among countries facing 12.5% duties—prompting pushback from trading partners including China.