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%

Asset class : Infrastructure

India’s infrastructure push drives higher demand for digital twin technology

17 Apr 2026

India's infrastructure expansion is leading to increased demand for digital twin technology, according to Bentley Systems. The company noted that large and complex projects across transport, utilities and urban development are encouraging the use of data-driven tools. Digital twins help improve planning, execution and long-term asset management through real-time monitoring and predictive insights. Interest is rising among both government bodies and private developers. However, issues such as data integration, lack of standardisation and shortage of skilled professionals continue to limit faster adoption across the sector.Read more

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Rishikesh–Karnaprayag rail line completion pushed to 2028: Railway Board

17 Apr 2026

The 125-km Rishikesh-Karnaprayag rail project in Uttarakhand is now expected to be completed by 2028, with Railway Board Chairman Satish Kumar confirming a revised timeline. The project, sanctioned in 2016 and executed by Rail Vikas Nigam Limited (RVNL), was earlier targeted for commissioning by end-2026. The rail corridor, which passes through five districts including Dehradun and Rudraprayag, is designed to enhance connectivity to key religious and tourist destinations such as Devprayag and Karnaprayag. It also features India's longest transportation tunnel at 14.58 km and includes 19 major bridges. The revised timeline reflects execution challenges in difficult terrain while maintaining progress on tunnelling and bridge construction.Read more

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Diamond Power Infrastructure receives INR 45.47 crore cable supply order from Adani Electricity Mumbai

17 Apr 2026

Diamond Power Infrastructure Ltd has secured a letter of intent from Adani Electricity Mumbai Ltd for the supply of power cables valued at INR 45.47 crore, inclusive of GST. The contract is scheduled for execution over a one-year period from May 2026 to May 2027. The company clarified that the transaction does not qualify as a related party deal. The order reflects ongoing procurement activity in Mumbai's power distribution network, where utilities continue to invest in infrastructure upgrades and capacity augmentation to support rising electricity demand across the metropolitan region.Read more

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Indore civic body demolishes 16 illegal row houses in crackdown on unauthorised colonies

Indore News Desk

17 Apr 2026

The Indore Municipal Corporation intensified its action against illegal colonies by demolishing 16 unauthorised row houses in Anjani Nagar and Jagdish Nagar. The constructions were carried out without approvals and included illegal internal infrastructure such as roads and drainage. The civic body also raised concerns over fraudulent sales, where such properties are sold to unaware buyers. The action is part of a wider effort to control unplanned growth, as several unauthorised colonies in the city continue to face scrutiny due to lack of clear titles and planning violations.Read more

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Goa allocates INR 150 crore to fix highway black spots

Goa News Desk

17 Apr 2026

The Goa government has initiated a INR 150 crore programme to rectify accident-prone black spots across key national highways, with funding support from the Ministry of Road Transport and Highways. The initiative includes engineering interventions such as flyovers, underpasses, slope protection, and junction redesign to improve road safety and traffic flow. Works are underway at multiple locations, including Dhargalim on NH-66, Verna Nuvem, and stretches in Ponda and Vasco. The programme follows safety concerns flagged during earlier inspections and aims to eliminate identified high-risk zones by 2026. The move is part of a broader push to strengthen highway safety infrastructure in the state amid rising traffic volumes and accident incidents.Read more

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NHAI directs FASTag banks to verify vehicle numbers, flags mismatches impacting toll enforcement

17 Apr 2026

The National Highways Authority of India (NHAI) has directed all FASTag issuer banks to immediately validate vehicle registration numbers (VRNs) linked to FASTags to address data inconsistencies in the electronic toll collection system. The move follows complaints of mismatches between FASTag-captured VRNs and actual vehicle number plates, raising concerns over enforcement gaps and potential revenue leakage. NHAI noted that many discrepancies relate to FASTags issued before integration with the VAHAN database, when verification processes were limited. Banks have been instructed to verify issued FASTags and blacklist those linked to incorrect or invalid VRNs. The directive gains importance as India prepares to implement Multi-Lane Free Flow (MLFF) tolling, which relies on accurate vehicle identification for enforcement and penalty issuance.Read more

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Mumbai coastal road traffic rises sharply with daily count crossing 63,000

Mumbai News Desk

17 Apr 2026

Traffic on the Mumbai Coastal Road has grown nearly seven times in under two years, with average daily usage now crossing 63,000 vehicles. The corridor has handled over 3.16 crore vehicles since opening and has become a key route for South Mumbai commuters due to major travel time savings. Growth picked up after full access and 24-hour operations were introduced. While the road has reduced congestion in some areas, experts point out that benefits are still largely limited to private vehicles, indicating the need for better public transport integration.Read more

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Australia–India partnership to strengthen rooftop solar workforce training

17 Apr 2026

Deakin University and the Smart Energy Council have joined forces to support India's growing rooftop solar sector by developing a skilled and industry-ready workforce. Backed by the Australian Government's education and climate-related departments, the initiative focuses on building occupational standards, curriculum design, and training systems aligned with global benchmarks. It also includes train-the-trainer models, pilot programmes, and evaluation frameworks for long-term impact. The collaboration aims to combine Australian expertise with India's large-scale renewable energy needs, supporting the country's transition towards clean energy through improved skilling and structured industry alignment.Read more

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Mumbai moves ahead with cluster redevelopment plan covering 19 slum pockets

Mumbai News Desk

17 Apr 2026

Mumbai has initiated a large slum cluster redevelopment plan covering 19 locations across the city, focusing on integrated development instead of fragmented projects. The scheme targets areas above 50 acres with over 51 per cent slum coverage and is expected to benefit nearly seven lakh residents. The Slum Rehabilitation Authority (SRA) will act as the nodal agency, with multiple execution routes involving government bodies and private developers. The policy also allows inclusion of complex land parcels, including CRZ areas, to unlock land and improve housing, infrastructure and basic services.Read more

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Ladakh LG reviews Zoji La tunnel progress, pushes for faster execution

17 Apr 2026

Ladakh Lieutenant Governor Vinai Kumar Saxena reviewed progress at the eastern portal of the Zoji La tunnel project in Drass, assessing construction milestones and timelines for the strategically significant corridor. The INR 6,808.69 crore project, being executed by Megha Engineering & Infrastructure Ltd, is expected to achieve tunnel breakthrough by mid-2026, with full completion targeted for early 2028. Officials briefed that advanced tunnelling techniques and safety features are being deployed, although challenging geological conditions have affected progress in certain stretches. The tunnel is intended to provide all-weather connectivity between Srinagar and Ladakh, improving mobility, logistics, and regional access. The review comes amid continued focus on expediting execution of key infrastructure projects in border regions.Read more

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Anand bullet train station design reflects ‘Milk City’ identity; construction advances

17 Apr 2026

The under-construction bullet train station at Anand in Gujarat is progressing with structural works nearing completion, with its design drawing from the city's identity as India's Milk City. Developed as part of the Mumbai-Ahmedabad high-speed rail corridor by the National High Speed Rail Corporation Limited (NHSRCL), the station will span 44,073 sq m with a height of 25.6 metres. The three-level structure will feature modern passenger amenities, multimodal connectivity, and design elements inspired by milk droplets. Construction milestones, including slab casting and steel framework, have been completed, with finishing works underway. The station is expected to function as a regional transport hub, improving connectivity within Gujarat's key industrial and urban clusters.Read more

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Mangaluru civic body initiates enforcement action against sewage discharge polluting Moilykere lake in Mahakalipadpu

17 Apr 2026

The Mangaluru City Corporation (MCC) has initiated enforcement measures against residential properties discharging sewage into Moilykere lake in Mahakalipadpu, Mangaluru, following persistent pollution concerns. Notices have been served to houses and apartment complexes identified as sources of untreated sewage inflow, with legal action proposed under provisions of the Karnataka Municipal Corporations Act. The issue, raised in the state legislature, prompted a site inspection by the state's urban development authorities. The absence of an underground drainage (UGD) network in the area has been identified as the primary cause, affecting nearly 400 households across adjoining localities. Civic authorities are concurrently working to identify land for a wet well to enable long-pending UGD infrastructure aimed at addressing sewage management and restoring the lake.Read more

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Serbia and Israel to jointly produce combat drones, says president

17 Apr 2026

Serbia has announced plans to jointly manufacture combat drones with Israel as part of its broader effort to modernise its defence sector and expand military exports. The announcement was made by Serbia's President Aleksandar Vucic during a visit to a military unit, where he highlighted that the country cannot independently develop drones at the level of Israel. The proposed collaboration is expected to follow a 50-50 structure, although key details such as investment value, timeline, and the manufacturer involved have not been officially disclosed. The move aligns with Serbia's ongoing military upgrade strategy.Read more

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Telugu Ganga pipeline shifting gathers pace in Tirupati to enable key road project for planned urban expansion

17 Apr 2026

The Tirupati Urban Development Authority (TUDA) has accelerated the long-pending shifting of the Telugu Ganga drinking water pipeline to facilitate a critical road project linking Karakambadi Road and Renigunta Road. The 2.9 km underground pipeline, which has historically constrained infrastructure development due to its zigzag alignment, is being relocated with funding support from TUDA. The initiative, reported in the past week, resolves a major bottleneck that had delayed the road project despite earlier allocations of around INR 19.5 crore by Tirumala Tirupati Devasthanams (TTD). The pipeline relocation, estimated to require around INR 3 crore, is expected to enable road construction and support Tirupati's planned urban growth, improving connectivity and easing congestion in the expanding temple city.Read more

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Delay in Aroor–Thuravoor elevated highway completion persists amid KSEB–NHAI standoff over power line shifting

17 Apr 2026

The completion of the Aroor-Thuravoor elevated highway in Kerala has been delayed due to an ongoing dispute between the National Highways Authority of India (NHAI) and the Kerala State Electricity Board (KSEB) over the relocation of extra high-tension power lines. The 12.75 km project, estimated at around INR 2,200 crore and nearing 90 per cent completion, has been stalled for several months as shutdown permissions required for shifting power lines remain pending. While approvals have been granted at two locations, a critical stretch near Aroor continues to hold up construction. The delay has affected timelines for structural completion and traffic opening, with commuters continuing to face congestion along NH-66. The project is intended to ease traffic movement along one of Kerala's busiest corridors.Read more

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MCG appoints private agency for waste transportation to Bandhwari landfill to address interim disposal gaps

16 Apr 2026

The Municipal Corporation of Gurugram (MCG) has appointed a private agency to transport municipal solid waste to the Bandhwari landfill for a limited period of four months, as part of interim measures to manage waste disposal challenges. The decision, reported in the past week, comes amid ongoing constraints in waste processing capacity and delays in long-term waste management contracts. The agency will handle the movement of waste from secondary collection points to the landfill, ensuring continuity in daily sanitation operations. Gurugram generates substantial volumes of waste, placing pressure on existing infrastructure, while the Bandhwari site continues to operate beyond its designed capacity. The temporary arrangement is intended to prevent accumulation across the city while authorities work towards stabilising processing systems and awarding longer-term contracts.Read more

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Margao–Canacona highway expansion to cut travel time by half: Tawadkar

Goa News Desk

16 Apr 2026

The Goa government is advancing the expansion of the Margao Canacona stretch of National Highway 66, with officials indicating that the project will significantly reduce travel time between the two locations. State minister Ramesh Tawadkar stated that the upgraded corridor is expected to cut commute duration by nearly half, improving connectivity across South Goa. The project involves widening and strengthening a key segment of the coastal highway network, which forms part of the larger Mumbai-Goa corridor. The development is aimed at easing congestion, supporting tourism movement, and improving access between commercial centres such as Margao and the southern taluka of Canacona. The initiative is part of broader highway upgrades underway across the Konkan region.Read more

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World Bank approves USD 225 million loan for Rajasthan highway upgrade

16 Apr 2026

The World Bank has approved a USD 225 million loan for a highway modernisation project in Rajasthan aimed at improving road efficiency, safety, and climate resilience. The project will upgrade and maintain around 800 km of state highways and benefit more than 3 million people. It also seeks to strengthen the institutional capacity of the Rajasthan State Highway Authority and support job creation across key economic corridors spanning agriculture, industry, mining, and tourism. The funding, provided through the International Bank for Reconstruction and Development, includes a 35-year maturity with a five-year grace period. The initiative addresses infrastructure gaps in a state that connects nearly 40% of India's markets.Read more

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Bandra East high court complex to reshape Mumbai real estate market

16 Apr 2026

The planned Bombay High Court complex in Bandra East is expected to become a key development influencing Mumbai's real estate direction. Spread over 30 acres with a built-up area of over 60 lakh sq. ft, the project also includes proposed residential high-rise towers for government employees. The shift from the existing 146-year-old court building in Fort is seen as more than an infrastructure move, with experts suggesting it may reshape surrounding micro-markets. The development is expected to strengthen the Bandra East BKC corridor, trigger spillover demand in nearby areas, and support Mumbai's transition toward a multi-nodal growth model.Read more

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400-tonne crane topples during Metro 2B construction work at BKC, no injuries reported

16 Apr 2026

A 400-ton mobile crane toppled at a Metro construction site in Mumbai's Bandra Kurla Complex (BKC), disrupting traffic in the city's key business district. The incident, which occurred during lifting operations for the Metro Line 2B station, was attributed to a mechanical failure in the crane's lifting boom. No injuries were reported. The Mumbai Metropolitan Region Development Authority (MMRDA) has imposed a penalty of INR 1 crore on contractor J Kumar Infraprojects Limited following the incident. Restoration work continued through the day, with a higher-capacity crane deployed for removal. The event highlights ongoing safety and operational challenges at large infrastructure sites in high-density urban zones.Read more

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