MSMEs account for nearly half of India’s exports: Economic Survey

IANS | January 29, 2026 3:36 PM

New Delhi, Jan 29 (IANS) Micro, Small and Medium Enterprises form the backbone of India’s industrial economy, accounting for approximately 35.4 per cent of manufacturing, around 48.58 per cent of exports and 31.1 per cent of GDP, the government said on Thursday in Economic Survey 2025-26.

'Symbol of women’s power': Leaders across party lines hail FM Sitharaman for 9th consecutive budget

IANS | January 29, 2026 3:18 PM

New Delhi, Jan 29 (IANS) As Prime Minister Narendra Modi hailed Union Finance Minister Nirmala Sitharaman for becoming the first woman holder of the post to present the Union Budget for the ninth consecutive time, leaders, cutting across party lines, on Thursday backed him and said the milestone reflects the growing power and participation of women in India’s public life.

Economic Survey gives thumbs up to RBI’s monetary policy

IANS | January 29, 2026 3:11 PM

New Delhi, Jan 29 (IANS) In an era characterised by heightened global uncertainty, geopolitical flux, and rapid technological transformation, India's monetary and financial sectors have exhibited robust performance in FY26 (April-December 2025), underpinned by strategic policy actions and structural resilience across financial intermediation channels, according to the Economic Survey 2025-26 tabled in Parliament on Thursday.

NPAs of public sector banks at multi-decadal low: Economic Survey

IANS | January 29, 2026 2:51 PM

New Delhi, Jan 29 (IANS) There has been a significant improvement in the asset quality of scheduled commercial banks with a sharp decline in the percentage of bad loans and higher recoveries, according to the Economic Survey 2025-26, tabled in the Parliament by Finance Minister Nirmala Sitharaman on Thursday.