- Blackstone-backed Australian company AirTrunk to invest $30 billion for 5 GW digital infrastructure in India—All we know June 5, 2026Blackstone-backed, Australian data centre company AirTrunk plans to invest over $30 billion (more than ₹3,000 billion) to develop over 5 GW of digital infrastructure capacity in India by 2030, the company said.
- Actors union approves 4-year contract with studios and streamers June 5, 2026Actors' union approves 4-year contract with studios and streamers
- Tata Steel targets repayment of overseas debt over next two years as deleveraging takes centre stage June 5, 2026The steelmaker plans to repay ₹16,629 crore of overseas debt by 2028 using internal cash flows, while maintaining a measured expansion strategy focused on value-added products.
- AI needs brake pedal: Anthropic's Jack Clark warns AI could soon build itself, says 'I am worried for my kids' June 5, 2026Anthropic co-founder Jack Clark warns AI is approaching the ability to build its own successors and calls for a government regulatory 'brake pedal'.
- Companies are now cutting worker pay to fund AI investment- Teradata, TTEC slash employee benefits as AI spending surge June 5, 2026Teradata has frozen annual salary raises and TTEC has paused retirement benefits to fund AI spending, Business Insider reports. Experts warn more companies could follow.
- Strong backing, but light touch: What is the RBI's rupee playbook? June 5, 2026The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneously, the RBI is introducing new plans to bring more foreign money into India. These steps aim to strengthen the country's finances amid global uncertainty.
- RBI MPC: India's Goldilocks moment dims, but the lights are not out June 5, 2026India's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external shocks like the West Asia conflict and elevated oil prices. Despite these headwinds, the central bank believes strong domestic fundamentals, including resilient consumption and investment, will help cushion th […]
- India's forex reserves remain adequate, trade pacts, policy reforms to strengthen external sector, says RBI Governor June 5, 2026With foreign exchange reserves reaching an impressive $682.3 billion, India stands on solid economic ground. RBI Governor Sanjay Malhotra has assured that these reserves are more than sufficient. The nation's economic landscape is further brightened by recent trade deals with the UK, New Zealand, and others, while discussions continue with the US and Ca […]
- RBI keeps repo rate unchanged at 5.25%, boosts rupee with new measures June 5, 2026The RBI's Monetary Policy Committee unanimously held the repo rate at 5.25% and maintained a neutral stance, citing amplified inflation risks. To bolster the rupee, the central bank introduced multiple measures, including expanding accessible securities for foreign investors and increasing investment limits for NRIs. These actions aim to attract foreign […]
- RBI worries higher energy costs could fuel inflation, slow growth June 5, 2026RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis points due to higher petrol and diesel prices. The Reserve Bank of India warns that elevated energy costs and supply disruptions will impact economic activity. Global factors are also contributing to broader inflationary pressures. The central bank […]
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