🏦 Economy / Policy
• India’s outbound FDI moderated to $3.42 billion in January, according to RBI data, indicating softer overseas investment flows 💹
• Net direct tax collections rose 9.4% to ₹19.43 trillion till February 10, reflecting steady revenue buoyancy 📊
• A new CPI index pointing to benign inflation is giving RBI greater comfort to hold rates steady for longer in a stable “higher-for-longer” environment 📈
• Uttar Pradesh presented a ₹9.13 trillion Budget for FY27, up 12.2% YoY, signalling continued capex and welfare-led demand support 🏗️📊
🏢 Companies / Markets
• State Bank of India has overtaken TCS to become India’s fourth-largest listed company by market cap, backed by strong Q3 earnings and PSU bank rerating 🏦📈
• Nifty Auto remains a standout sector, with Eicher Motors, Tata Motors and Samvardhana Motherson hitting fresh highs on strong demand and earnings momentum 🚗📊
🌍 Global / World
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