The 'Rule of 70' is used to estimate the future buying power of money. Dividing 70 by the inflation rate shows how many years it'll take for the rupee’s value to halve, reported ET. For example, at 4% inflation, something that costs ₹100 today would cost about ₹200 in 17.5 years, meaning rupee would lose half of its purchasing power.

Shares of The Trade Desk fell after CFO Alex Kayyal stepped down just six months into the role. The company named Tahnil Davis as interim CFO while it searches for a permanent successor. Wells Fargo said the move adds to management volatility and may complicate efforts to counter Amazon ad-tech competition.

Speaking about the free trade agreement (FTA) between Europe and India, European Council President António Costa on Monday said, "EU and India believe more in a trade agreement than tariffs." "It is very important to boost our economy and a very important geopolitical stabiliser," Costa added. He stated that FTA will give a strong and important message to the world.

Benjamin Bate, Tesla's director of vehicle operations and engineering at Fremont, has reportedly left the automaker after over 8 years to become a plant manager at Chemelex. Bate’s departure, which Electrek spotted on his LinkedIn profile, adds to the now-constant stream of experienced talent leaving Tesla. Before Tesla, Bate worked at Ford for nearly two years.

Microsoft launched its Maia 200 AI accelerator to improve AI inference efficiency and lower costs across its cloud infrastructure. Built on TSMC 3nm process, the chip features FP8 and FP4 tensor cores and higher memory and data flow. Microsoft shares rose after the announcement.

Needham upgraded AppLovin to Buy and set a $700 price target, citing strong momentum in its e-commerce segment and self-service ad platform. The firm raised its 2026 e-commerce revenue forecast and said the recent stock pullback presents a buying opportunity, with upside potential similar to TikTok growth path.

Raymond Group Managing Director Gautam Singhania said an India-EU trade deal could play a crucial role in bringing the US to the negotiating table. He added, "Textiles remain among the largest employers in the country, and a duty-free access to the EU market would be beneficial for the sector and the broader economy." The deal will be announced on Tuesday.

The Federal Reserve is widely expected to keep interest rates unchanged at 3.5%-3.75% at its January meeting, according to CME FedWatch data. Strong economic growth, low unemployment, and inflation still above target have reduced the likelihood of an immediate cut, despite expectations for rate reductions later in 2026.

Traws Pharma shares turned volatile after the company completed enrolment in its Phase 2 trial of Ratutrelvir for mild-to-moderate COVID-19. The open-label trial enrolled 90 patients and compared Ratutrelvir with Paxlovid, an oral antiviral medication from Pfizer used to treat mild-to-moderate COVID-19.

InMode shares jumped after a report said the medical device maker is set to be acquired by an investment fund in a $1.1 billion deal. The transaction would take the company private, valuing it about 25% above its current market cap, despite recent sales and profit declines.