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Business

CEA Urges Review of MSME NPA Norms to Reflect Business Cash Flows

Chief Economic Advisor V Anantha Nageswaran called for revising the non-performing asset (NPA) classification norms for MSMEs to better align with India's business practices and cash flow cycles. Speaking at Sa-Dhan's 21st National Conference of Inclusive Growth, he highlighted that current uniform global rules do not account for sectoral differences in working capital needs, impacting MSMEs' credit access when classified as Special Mention Accounts (SMAs).

News18 Business·

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Health

Saba Pataudi Reveals Brain Tumour Diagnosis at 27

Saba Pataudi, sister of Saif Ali Khan and Soha Ali Khan, shared her experience of being diagnosed with a brain tumour at age 27. After fainting unexpectedly, an MRI initially suggested a colloid cyst, but doctors later confirmed it was a benign tumour. She described the sudden onset with no prior symptoms, recalling how she fainted outside a building and was later diagnosed after medical tests.

News18 Movies·

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Politics

Hearing Postponed in Brijbhushan Harassment Appeal by Women Wrestlers

Four women wrestlers filed an appeal against the acquittal of Brijbhushan Sharan Singh and Vinod Tomar in a harassment case. The Rouse Avenue Court had acquitted Brijbhushan on August 3, 2023. The women challenged the magistrate court's verdict, alleging selective evidence assessment and reliance on assumptions. The next hearing is scheduled for October 28, 2024.

Amar Sports··Delhi

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Business

Swastika Infra Wins ₹615 Crore Maharashtra Power Order

Swastika Infra Ltd has secured a ₹615.76 crore contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to upgrade power distribution infrastructure in the Bhandup Zone. The project includes building new substations, installing underground cabling, and other system-strengthening measures to improve electricity supply reliability.

ET Energy Power··Mumbai

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Business

Green Hydrogen Key to India's Energy Transition and Industrial Decarbonisation

India aims to use green hydrogen not only for clean power but also to decarbonise hard-to-abate industries. Abhay Bakre, Mission Director of the National Green Hydrogen Mission, highlights the potential to build domestic manufacturing capabilities and unlock an estimated investment opportunity of ₹8-10 lakh crore, positioning green hydrogen as central to India's energy future.

ET Energy Renewable·

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Politics

Kerala High Court Orders FIR Against Pinarayi Vijayan Over Rs 2.78 Crore Bribery

The Kerala High Court has caused a major political stir by ordering an FIR against Chief Minister Pinarayi Vijayan and others based on the ED's report in a Rs 2.78 crore bribery case. The court directed the registration of the FIR under anti-corruption laws, escalating legal troubles for Vijayan and his family.

News18 Hindi·

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