Stage set for FM Sitharaman to present Budget 2025-26 tomorrow

IANS | January 31, 2025 8:50 PM

New Delhi, Jan 31 (IANS) The unveiling of the Economic Survey on Friday sets the stage for Finance Minister Nirmala Sitharaman to present the Union Budget for 2025-26 in Parliament on Saturday (February 1), which is expected to continue the government's policy of giving a big push to economic growth with equity.

Banks in robust health as NPAs down to 12-year low, profit up 22.2 per cent: Economic Survey

IANS | January 31, 2025 5:47 PM

New Delhi, Jan 31 (IANS) India's monetary and financial sectors have performed well in the first nine months of the Financial Year 2024-25 with the gross NPAs of banks now down to a 12-year low of 2.6 per cent at the end of September 2024 while their profitability improved during H1 of FY25, with profit after tax surging by 22.2 per cent year-on-year, the Economic Survey stated.