💸 Zerodha’s Magic, Jio’s Crypto, and Netflix’s Subscriber Surge (Jan 22)

Happy Wednesday Masala Chai Fam 🌞, the halfway point of the week! You're officially on the downhill slope toward the weekend—grab your chai, and let’s power through the midweek blues with a fresh brew of markets, news, and everything spicy. 🎉☕

We’ve got a jam-packed lineup today: from Trump shaking global markets 🌀 to Reliance spicing up its FMCG game 🌶️ and Netflix’s subscriber surge.

Chai Shots ☕

• 📉 Sensex crashes 1,235 points, Nifty drops below 23,050, as Trump’s tariff threats rattle investors. ₹7.3 lakh crore of investor wealth wiped out.

• 🌐 Reliance Jio ventures into crypto with JioCoin, a Web3 token built on Polygon’s Ethereum Layer 2. Users can earn JioCoins through the JioSphere browser, possibly usable for mobile recharges and bill payments.

• 💡 Zerodha's No-Ad Magic: Zerodha now boasts over 1.6 crore users without spending a penny on advertising! 🚀 CEO Nithin Kamath credits their no-spam, no-push approach, with 30% of users joining via referrals.

• 🌏 Trump's Tariff Talk: US President Donald Trump announced plans to impose a 10% tariff on Chinese imports starting February 1, a move could have significant implications for global trade dynamics.

• 🍺 AB InBev's $250M Cheers: Belgian beer giant AB InBev is pouring $250 million into India's beverage market over the next 2-3 years.