What changed
RBI holds repo at 5.25% — no surprise, but the backdrop is a US-Iran war and oil spike they can’t ignore
Meta’s global team gets summoned in Delhi over a PM Modi post — safe harbour protection is on the line
Kakao Bank H1 profit jumps 24% — fee income and treasury gains doing the heavy lifting
Watch the Meta-India showdown — a parliamentary panel wants an apology or they lose safe harbour. This is a big deal for platform liability in a key growth market
RBI steady at 5.25% but the issue is the US-Iran war premium. They’re buying stability now, but if oil rips higher, this stance ages badly. FD investors hoping for a hike will be disappointed