SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Law & Policy

Cabinet approves modified UDAN scheme with INR 28,840 crore outlay to boost regional air connectivity

28 Mar 2026

The Union Cabinet has approved a modified UDAN scheme with an outlay of INR 28,840 crore to expand regional air connectivity and strengthen aviation infrastructure in underserved and remote areas. The scheme aims to develop 100 airports, 200 helipads, and support airlines through enhanced viability gap funding and operational aid for smaller airports. Around 120 destinations are expected to benefit, enabling 4 crore additional passengers to travel. The programme also supports domestic aircraft acquisition and addresses gaps from the earlier UDAN framework that had operationalised over 600 routes and 95 aerodromes.Read more

cover photo

Indore administration sets 15-day deadline for fire safety compliance across buildings

Indore News Desk

28 Mar 2026

Authorities in Indore have directed buildings across the city to comply with fire safety norms within 15 days, following concerns over non-compliance in several properties. The directive applies to residential, commercial and institutional buildings, with officials warning of strict action against defaulters. The move is aimed at strengthening safety standards and ensuring adherence to existing fire regulations. Inspections are expected to be intensified, with penalties and possible sealing of premises for violations. The initiative comes amid increased scrutiny of fire preparedness in urban buildings, highlighting the need for compliance with safety infrastructure and regulatory norms.Read more

cover photo

Road ministry introduces PRISM-SG portal to fast-track steel girder approvals

28 Mar 2026

The Ministry of Road Transport and Highways has launched the PRISM-SG portal to streamline approvals and inspections for steel girders used in road over bridges. The platform aims to reduce approval timelines from nearly 12 months to about three to four months by digitising documentation, inspections, and coordination between agencies. It brings all stakeholders, including Indian Railways, contractors, and inspection bodies, onto one system. The move is expected to improve transparency, reduce delays caused by manual processes, and support faster execution of critical bridge infrastructure projects.Read more

cover photo

Ujjain removes 16 illegal structures near Mahakal temple after legal clearance

28 Mar 2026

Authorities in Ujjain carried out a demolition drive in the Begambag area near the Mahakaleshwar Temple, removing 16 illegal structures built on plots meant for residential use. The action followed the lifting of court stays and cancellation of expired leases. These plots, allotted decades ago, had been subdivided and used commercially in violation of rules. The drive is part of a larger enforcement effort, with multiple structures already cleared earlier. The move is also linked to upcoming infrastructure planning and better crowd management in the temple zone.Read more

cover photo

Pimpri Chinchwad civic body's amnesty scheme yields INR 80 crore but falls short of annual property tax target

28 Mar 2026

The Pimpri Chinchwad Municipal Corporation (PCMC) has collected approximately INR 80 crore through its property tax amnesty scheme introduced earlier this month, offering a 90% waiver on penalties for lump sum payments. Despite the strong response from taxpayers, the civic body is unlikely to meet its annual property tax target of INR 1,000 crore. Total collections currently stand at around INR 830 crore, significantly below both the target and previous years performance. The scheme, implemented for the first time following demands from elected representatives, aims to recover pending dues and improve compliance. However, the limited duration and structural challenges in tax collection have constrained its overall impact on municipal revenue.Read more

cover photo

Navi Mumbai civic body initiates recovery drive against property tax defaulters with attachment and auction action

28 Mar 2026

The Navi Mumbai Municipal Corporation (NMMC) has intensified enforcement against property tax defaulters, directing officials to initiate attachment and auction proceedings for unpaid dues if not cleared by the end of the current financial year. Notices have been issued to over 3,600 defaulters across residential, non-residential, industrial and vacant land categories. The civic body has also introduced an amnesty scheme offering a 50 per cent waiver on late payment charges for those clearing dues in full within the stipulated deadline. With property tax forming a key revenue source, the administration has accelerated recovery efforts through both enforcement and incentive-based measures.Read more

cover photo

NCLAT declines interim stay on Adani Group’s INR 14,535 crore bid for Jaiprakash Associates

28 Mar 2026

The National Company Law Appellate Tribunal (NCLAT) has refused to grant an interim stay on the approved INR 14,535 crore resolution plan submitted by Adani Enterprises for debt-laden Jaiprakash Associates Ltd (JAL). The order comes in response to a plea filed by Vedanta Group challenging the National Company Law Tribunal's (NCLT) approval of the bid. While allowing implementation of the resolution plan to proceed, the appellate tribunal has clarified that the outcome will remain subject to the final ruling in the appeal. The tribunal has sought responses from the Committee of Creditors (CoC) and scheduled the next hearing for early next month, keeping the insolvency resolution process active amid ongoing legal contestation.Read more

cover photo

Punjab and Haryana High Court allows FIR against Emaar India in alleged property fraud case

27 Mar 2026

The Punjab and Haryana High Court has permitted the registration of a First Information Report (FIR) against Emaar India Ltd and its officials in connection with allegations of fraud, cheating, and criminal conspiracy linked to a Gurugram-based real estate project. The court dismissed the developer's petition seeking to quash a lower court order directing the FIR, observing that the complaint disclosed a prima facie case warranting investigation. The dispute arises from claims that the company suppressed prior agreements with third parties while entering into a joint development arrangement with another entity, leading to financial losses. The ruling allows investigative agencies to proceed with a criminal probe into the matter.Read more

cover photo

MMRDA report holds Reliance Infra-Astaldi JV accountable for Mulund Metro 4 accident

Mumbai News Desk

27 Mar 2026

A probe by the Mumbai Metropolitan Region Development Authority (MMRDA) has found the Reliance Infrastructure-Astaldi joint venture responsible for the Metro Line 4 accident in Mulund that caused one death and injured three people. The report identified human error and lack of supervision as the main reasons behind the incident. It clarified that there was no flaw in design or materials. The authority imposed a penalty of INR 5 crore and initiated safety audits across Metro projects, highlighting concerns around execution practices and on-site monitoring.Read more

cover photo

India can mobilise INR 8 lakh crore annually for road development, says Gadkari

27 Mar 2026

India can mobilise up to INR 8 lakh crore every year for road infrastructure through a mix of market borrowings and budgetary support, Union Minister Nitin Gadkari said recently. He highlighted that strong highway assets enable raising around INR 5 lakh crore annually, along with INR 3.2 lakh crore from the government. However, he pointed out that the main concern is slow utilisation of funds. He also noted that infrastructure investment has a strong multiplier effect and cited the Dwarka Expressway as an example of how road projects can drive large-scale real estate growth.Read more

cover photo