🗞️ Daily Business Brief – FEB 12 2025
- FIIs & DIIs Activity FIIs net bought ₹108.42 Cr while DIIs net bought ₹276.85 Cr in equities today (provisional).
- RBI Securities Switch RBI announced conversion/switch of Government of India dated securities worth ₹75,504.43 Cr.
- RBI Debt Strategy RBI buys back government securities maturing in FY26–27; government to issue long-dated papers.
- IT Sector Pressure AI-led selloff pushes IT sector to third position in Nifty as Oil & Gas moves ahead.
- Inflation Commentary – MoSPI Jan 2026 inflation rose due to higher gold and silver prices; linking factor is global norm for inflation back series.
- CPI Base Revision Next CPI series likely around 2030–31; frequent base year revisions not feasible as exercise takes at least 2 years.
- CEA on CPI Series New CPI sets stage for upcoming trends, improves budget predictability and reinforces institutional capability.
- January Inflation Data CPI inflation stands at 2.75%; base year revised to 2024 from 2012.
- Defence Acquisition India clears purchase of 114 Rafale fighter jets and 6 P8I Poseidon aircraft.
- Indigenisation Push 90 out of 114 Rafale jets to be made in India with 50% indigenous content requirement.
- DAC Approval Defence Acquisition Council approves Rafale proposal under government-to-government framework.
- Weapons Integration Government seeks full integration of Indian weapons systems with Rafale aircraft.
- Strategic Timing DAC approval comes ahead of French President’s visit to India next week.
- P8I Aircraft Clearance DAC also clears proposal to acquire six Boeing P8I maritime surveillance aircraft.
- Trade Policy Update Commerce Minister Piyush Goyal says final trade agreements may include clauses similar to US-Bangladesh deal.
- Agri Export Opportunity Indian agricultural goods expected to benefit from upcoming US, EU and UK trade deals.
- Bharat Forge Outlook Baba Kalyani expects FY27 growth to exceed 25%.
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