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- Banking services may be impacted for four days amid the January 27 Strike Call. - UFBU promises bank work hours won’t be reduced after the 5-day workweek. - Employees have agreed to work an additional 40 minutes per day.
- The Indian rupee opened the week at 90.24 (weakened) against the U.S. dollar. - Investors are withdrawing funds from the Indian market out of panic. - All eyes are on the RBI’s $10 billion dollar-rupee swap on January 13.
- The new rules are putting pressure on the Indian IT companies in the U.S., cutting H-1B applications by 30–50%. - More roles are expected to shift from the U.S. to India.
- Warner Bros’ board is set to reject Paramount’s $108.4 billion offer. - Paramount’s deal has weakened after Affinity Partners exited the financing, reports say. - The board will likely recommit to Netflix's $72 billion.
- China, which controls up to 70% of global silver supply, is tightening exports from 2026. - After January 1, the silver shortage could increase to more than 2,500 tonnes annually. - India is aggressively buying physical silver, importing over 1,700 tonnes in October alone.
- It has fallen by more than 5% this year, marking a major psychological and economic milestone. - The government says the situation is under watch but not alarming. - However, foreign investors are withdrawing money from Indian stocks already.
- A rare mega-acquisition signals TCS’s aggressive push into AI, cloud and data centre expansion. - TCS is funding this deal with its $5.49B in free cash flow for FY 2024-25. - The deal is expected to close by 31 January 2026.
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