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Top 10 biz stories: Budget steps on NBFCs, defence allocation and more

From Budget steps on NBFCs to defence allocation, here are the top 10 stories which made the headlines on Saturday

Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman | PTI photo

BS Web team New Delhi
1. Budget steps on NBFCs to boost consumption, says FM Nirmala Sitharaman

A day after presenting her maiden Budget, Finance Minister Nirmala Sitharaman said the crisis in non-banking financial companies (NBFCs) had bottomed out and that the proposed steps for the sector would help boost consumption.
2. Modi govt exploring opportunities for more mergers in energy: Dipam secy

The Narendra Modi government is exploring opportunities for further mergers and acquisitions (M&As) among state-owned companies this year, Dipam Secretary Atanu Chakraborty told Business Standard on Saturday. Read more

3. Critics of $5-trillion economy are 'professional pessimists', says PM

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