Top Business & Market Headlines Today — BL Morning Report, February 13, 2026

🎧 On today’s episode: India moves closer to its biggest defence purchase as the Defence Acquisition Council clears a ₹3.25 lakh crore proposal for 114 Rafale fighter jets, with most to be built in India. Retail inflation comes in at 2.75 percent in January under a newly revised CPI base year, marking a reset in how price pressures are measured. Markets end lower as IT stocks slide 5.5 percent on fears that AI could disrupt outsourcing, dragging the Nifty down 147 points. And space start-up Agnikul Cosmos partners NeevCloud to explore hosting AI data centres in orbit.