News ➣ The RBI will inject $10 billion into the banking system through a foreign exchange swap on 28 Feb for a 3-year tenure. In this swap, the RBI will buy dollars from banks in exchange for rupees, agreeing to sell the dollars back at a later date. ➣ The NSE will remove BPCL and Britannia from the Nifty 50 index from 28 March. Jio Financial Services and Zomato will be added. This occurs twice a year based on size and liquidity of the stocks. ➣ Quality Power Electrical IPO got listed at a 1.18% gain over its issue price. ➣ Euro Area’s annual inflation rate rose to 2.5% in Jan (vs 2.4% in Dec). Core inflation (excludes energy, food, alcohol, and tobacco) remained unchanged at 2.7%. ---------------------