The newsletter provides economic, regulatory, and market updates from India. It discusses the deferment of a proposed strike by bank unions demanding a 23% wage hike. It also mentions the Sensex dropping 855 points due to political turmoil in Greece and falling oil prices. Regulatory updates include allowing 100% FDI in medical device manufacturing and clarifications from RBI on an export credit line to Liberia. Market indicators such as the Sensex, rupee, gold and oil prices are reported to be down on the day.