X is publicly recruiting Meta employees it describes as “neglected,” saying it will match or even exceed Meta’s snack budget while seeking web and data engineers and scientists. The outreach comes after Meta laid off around 8,000 employees in May and reassigned about 6,500 engineers and product managers to AI projects, moves that have weighed on morale. Some employees have likened the mandatory AI task force to being “drafted” and pushed back against a mouse-and-keystroke tracking initiative.

India’s inflation risk is increasingly tied to domestic monsoon conditions rather than international crude oil, after retail inflation rose to 3.93% in May from 3.48% in April. The Reserve Bank of India has raised its FY27 inflation forecast to 5.1% from 4.6% amid higher energy costs and uncertainty. While easing Middle East tensions have helped oil prices retreat, a weak monsoon could lift food prices and keep inflation firm, limiting room for rate cuts.

Federal Reserve signals that it could raise rates again in October, pushing US bond yields up to 4.46% and dragging down US tech stocks, which in turn weighed on Indian IT names including Infosys, TCS and HCLTech; the Nifty IT index fell 1.46% in a single session. The note also points to Brent crude slipping to $78 a barrel after a US-Iran agreement eased supply concerns, a move that supported domestically oriented sectors. That support, however, did not offset selling pressure in IT stocks.

Global oil markets avoided the kind of shock many feared as tensions among the US, Israel and Iran rose, despite warnings that disruption in the Strait of Hormuz could send prices sharply higher. Bloomberg energy analyst Javier Blas argued that China acted as a demand-side “swing importer,” cutting May crude imports to 7.8 million barrels a day, the lowest in eight years. Seaborne inflows fell to a 10-year low and more than 45% below their 2025 average, a reduction comparable to the combined oil consumption of Germany, France and the United Kingdom. The article says China drew on strategic reserves, accelerated electric-vehicle use and leaned more on coal power and coal-to-chemicals, weakening the transmission of geopolitical risk into oil prices.

Toyota Kirloskar Motor executive Vikram Gulati said wider use of ethanol-blended fuels could help India cut its reliance on imported crude oil while improving air quality. India has begun the commercial rollout of E85, with the first dispensing station launched in Delhi and priced Rs 20 per litre below E20 petrol in the capital. The government plans to build about 500 E85 stations by the end of this year and scale the network to around 5,000 outlets by end-2027.

文章以印度2000—2026年物价对比为线索，指出小麦、糖等主食价格较2000年上涨约4–5倍，累计通胀达344%，Rs 100购买力仅剩22.5%。文中明确列出小麦与糖为涨幅最大品类，并提供2000年与2026年具体公斤数对比（如小麦从14.3kg降至3.2kg）。该数据反映基础农产品长期显著升值趋势，对小麦、糖等实物 commodity 具有直接价格参照和市场情绪映射作用。

In May 2025, India abruptly revoked the security clearance of Turkish firm Celebi Aviaton’s local unit on national security grounds, ending its ground-handling rights at nine major airports including New Delhi and Mumbai. The company says the move, along with the seizure of equipment, transfer of employees and termination of contracts, wiped out an estimated $500 million in value. The decision followed Operation Sindoor, during which Turkey provided drones and other military support to Pakistan.

Meta said it is introducing an AI mode on Facebook that supports natural-language search and produces summaries by aggregating public content. The company is also launching new creative tools including AI photo restyling and smart montage-style editing features. Meta plans a phased rollout to users globally as it steps up efforts to productize AI across its apps.