Financial Summary: Thursday, January 22, 2026

The Reserve Bank of India intervened in the foreign exchange market, selling $9.7 billion to stabilize the rupee, which fell by 0.7%.

India's gross FDI inflows fell to $6.4 billion in November, indicating a need for improved investor confidence.

The upcoming Indian budget is expected to focus on attracting global capital and boosting investor confidence.

Optimism over a potential US-India trade deal has led to significant gains in textile and shrimp stocks, with increases of up to 8%.

India's defense budget is projected to increase significantly in FY27, emphasizing indigenization and support for local companies.

India and the EU are negotiating a major trade agreement, highlighting the importance of a pact with the US for economic stability.

India's economy shows signs of recovery as GDP growth forecasts are revised upward, driven by strong consumer spending.

Goldman Sachs has raised concerns about India's fiscal strategy ahead of the Union Budget FY27, citing slower fiscal consolidation.

Nvidia CEO Jensen Huang reassured that AI will generate high-paying jobs in chip and AI factory construction, countering job loss concerns.

Waymo has launched its robotaxi service in Miami, expanding its operations to six U.S. markets.

OpenAI chair Bret Taylor warned of a potential bubble in the AI sector, predicting a market correction in the coming years.

Elon Musk announced that Tesla's robotaxis will be available across the U.S. by the end of this year, following their initial rollout in Austin.

President Trump refrains from imposing new tariffs on Europe, leading to a global market rally.

Morgan Stanley warns that Trump's economic policies may accelerate global de-dollarisation, increasing gold's appeal.

Trump identifies the conflict between Putin and Zelenskyy as a key barrier to peace in Ukraine, suggesting a potential resolution.

European business leaders demand EU countermeasures against U.S. tariffs, labeling them as 'blackmail'.

Denmark shows interest in discussing a 'Golden Dome' framework amid Trump's renewed focus on Greenland.

California Governor Newsom criticizes CEOs for their support of the Trump administration, accusing them of 'selling out'.

NATO chief and President Trump discuss revamping the US-Danish military deal, easing tensions over Greenland.

Ukrainian President Zelenskyy criticizes Europe for its weak response to global threats and urges stronger leadership.

France seizes a Russia-linked oil tanker in the Mediterranean for violating western sanctions.

Greenland's Prime Minister rebukes Trump's aggressive rhetoric regarding Greenland, asserting that sovereignty is a 'red line'.

A new analysis reveals that homeownership offers significant financial benefits over renting during retirement, emphasizing strategies for wealth preservation.

JPMorgan Chase CEO Jamie Dimon criticized Trump's immigration policy, highlighting corporate dissent on political issues.

Waaree Energies' shares surged 12% after reporting over 100% year-on-year growth in Q3 revenue.

Capri Global Capital's CEO Monu Ratra has resigned, marking a significant leadership change for the company.

Tata Communications reported a 55% increase in quarterly net profit, driven by strong demand for data services.

Ola Electric shares fell nearly 40% in three months, resulting in a loss of Rs 9,000 crore in market value.

Ujjivan Small Finance Bank reported a record net interest income of Rs 1,000 crore in Q3, with profits soaring 71% year-on-year.

InterGlobe Aviation's net profit plummeted 78% year-on-year to Rs 550 crore in Q3, despite a revenue increase.

L’Oréal announced a Rs 35 billion investment to open a beauty-tech hub in Hyderabad, enhancing its presence in India.

General Motors plans to shift production of a Buick SUV from China to the U.S., aiming to boost domestic sales.

Capital One has announced a $5.15 billion acquisition of fintech company Brex, enhancing its corporate credit card technology.

Procter & Gamble is launching luxury silk fiber diapers in China to adapt to the country's declining birth rate.

U.S. stocks rallied significantly, with the Dow Jones gaining 589 points following President Trump's announcement regarding Greenland.

Gold prices fell as easing tensions between the U.S. and Europe reduced demand for safe-haven assets.

Indian stock markets rebounded strongly, with the Sensex gaining over 800 points, restoring investor confidence.

Charles Schwab reported a notable profit increase due to a surge in individual investor trading activity.

Japan's Nikkei index rebounded after a five-day decline, supported by a rally in domestic bonds and easing geopolitical tensions.

CreditAccess Grameen shares surged 20% following a return to profitability in Q3FY26, driven by lower provisions and improved asset quality.

European markets opened higher after Trump announced a framework agreement on Greenland and retreated from proposed tariffs.

U.S. crude oil inventories increased by 3.6 million barrels, contributing to a decline in crude prices as refinery operations slowed.

U.S. natural gas futures experienced a significant rally, marking their largest three-day gain on record as a cold front approaches the country.