🌎 Dow Surges, Global Markets Follow? Tame Inflation Sparks Optimism (Jan 16)

It’s Thursday, chai lovers, and the weekend is this close. Hang in there—it’s practically Friday! As you sip your morning chai, we’re here to keep you informed, entertained, and ahead of the game. Let’s dive into today’s piping hot headlines! ☕

☕ Chai Shots

• 🛢️ Oil Prices Hit a 5-Month High: Brent crude surged to $81.01/barrel, with WTI following at $78.82, as US sanctions on Russian oil fueled fears of a supply crunch. Winter’s chill is driving demand, and your petrol bill might just feel the heat.

• 💼 PepsiCo Eyes Haldiram: PepsiCo is in talks to acquire a 10-15% stake in Haldiram Snacks, valuing the brand at ₹85,000–90,000 crore. Could this move bring namkeen to a global stage?

• 📉 Hindenburg Bows Out: Hindenburg Research, known for its short-selling activities that wiped billions off Gautam Adani's wealth, has shut down. Founder Nate Anderson cited personal reasons and plans to invest in low-stress options while helping his team transition to new ventures.

• 🚀 India’s Economic Trajectory: The PHDCCI projects India's GDP to grow by 6.8% in FY25, making it the world's fourth-largest economy by 2026, surpassing Japan.

• Bitcoin Crosses $100K Again 🚀: The cryptocurrency surged after inflation data showed core prices cooling, coupled with leaks about Trump’s upcoming crypto-friendly executive orders.