Business news today underscored a global economy being reshaped by control, caution and contradiction. In India, authorities took the extraordinary step of restricting Telegram and disabling message editing ahead of a crucial medical entrance re-exam, arguing that exam integrity outweighed platform access after alleged cheating scams. In markets, Robinhood is cutting about 10% of staff to flatten management and trim costs, even as it insists the move is about efficiency rather than distress. Central bankers in Australia struck a more patient note, with the Reserve Bank holding rates at 4.35%, its first pause of the year. Investors, meanwhile, kept chasing growth stories: SpaceX shares surged after its debut, briefly pushing its valuation above giants like Amazon and Microsoft. But the day’s sharpest warning came from China, where falling retail sales and weaker investment pointed to a deepening economic slowdown and more fragile domestic demand.