Banks are getting insecure about wallets and apps now getting into the payments market with the help of UPI, and ICICI Bank had recently blocked PhonePe, Flipkart's wallet app, from transactions with ICICI Bank accounts. NPCI has now stepped in and asked the bank to unblock the app, saying that they are compliant with UPI guidelines. 

Donald Trump becomes the US President today, and is prepared to sign a slew of executive orders during his first week that crack down on immigration, climate policy, and trade. His early steps are likely going to be a sharp break from the Obama era, and analysts are speculating that his early efforts will be pro-traditional industries like coal and steel. He may also try and crack down on US companies moving jobs abroad. 

Stock in spotlight: Orient Green Power, which is in talks with IL&FS to merge wind energy assets, potentially making it India's largest renewable energy company. 

Photo of the day: The British Foreign Secretary Boris Johnson is bowled out during his visit to a cricket academy in Kolkata. Rupak de Chowdhuri/Reuters