The RBI Monetary Policy Committee kept the repo rate unchanged at 5.25% on June 5, 2026, for the second consecutive time, as Governor Sanjay Malhotra cited rising crude oil prices, a record-low rupee, and geopolitical heat from West Asia as reasons to sit tight and watch the fire.

Tech giant axes 20,000–30,000 jobs worldwide, including 12,000 in India, with brutal 6 AM emails, even after its best quarter in 15 years and ₹1.6 lakh crore revenue. While betting big on AI, thousands of engineers wake up jobless.