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

Malaysia unveils roadmap to make steel industry fully green by 2050

03 Oct 2025

Malaysia is preparing a roadmap to transform its steel industry into a fully green sector by 2050. The plan aims to manage overcapacity, restructure licensing, and prepare for decarbonisation. Measures include clear licensing guidelines, carbon pricing, transparency frameworks, and better access to finance for green and high-value production. The industry faces challenges such as high carbon intensity and a supply-demand imbalance. Malaysia also recommends ASEAN collaboration through shared databases, common decarbonisation pathways, and green steel hubs to improve competitiveness and support sustainable growth in the regional steel market.Read more

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Nagpur Metro starts work on Maharashtra's longest CLC bridge over Vena River

03 Oct 2025

Nagpur Metro has started building Maharashtra's longest balanced cantilever (CLC) bridge along the Reach-3A Hingna corridor under Metro Phase-2. The 271-meter bridge will cross the Vena river without any piers in the water, using a specialized construction technique to ensure stability while preserving the river ecosystem. Developed by Kalpataru Projects International Limited with design by KPIL's Ayesa team and independent validation by VNIT Nagpur, the bridge is part of a INR 378 crore project with seven stations. Completion is expected in 18 months, enhancing connectivity and metro travel efficiency in the region.Read more

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Kerala approves INR 17.31 crore for Seaport-Airport Road Phase II stretch

03 Oct 2025

The Kerala government has sanctioned INR 17.31 crore for the 600-meter HMT-NAD stretch under the second phase of the Seaport-Airport Road project. The Roads and Bridges Development Corporation of Kerala (RBDCK) will issue tenders once technical approvals are completed. Land acquisition for this section and the 6.5 km NAD-Mahilalayam stretch is progressing, with compensation for 90% of the 529 landholdings expected soon. Earlier allocations include INR 32.26 crore for the NAD section and INR 569.34 crore from KIIFB for land acquisition, aiming to improve connectivity to Kochi airport and ease traffic congestion.Read more

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Jammu and Kashmir CM inaugurates INR 36.50 crore sports, power, and road projects in Ganderbal

03 Oct 2025

Jammu and Kashmir Chief Minister Shri Omar Abdullah inaugurated and laid the foundation for development projects worth INR 36.50 crore in Ganderbal district. The initiatives cover sports infrastructure, power supply, and road connectivity, aiming to enhance local facilities and improve daily life for residents. Key projects included stadium upgrades, new playfields, a 33/11 kV power receiving station, synthetic athletic tracks, and multiple road construction and upgradation works. These efforts highlight the government's focus on strengthening infrastructure and promoting balanced regional development in Ganderbal.Read more

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Mattancherry Water Metro terminal to enhance connectivity in Kochi

02 Oct 2025

The Mattancherry Water Metro terminal in Kochi is scheduled for inauguration in the second week of October, fulfilling a long-standing demand of local residents. The project began in 2019 but faced significant delays due to a non-performing contractor and issues in connecting high-tension electricity to the terminal. Local authorities resumed work under a new contractor after public protests. Plans are also underway to introduce feeder bus services linking Mattancherry and Fort Kochi, improving accessibility for both tourists and residents.Read more

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Delhi government sets eight-month deadline to complete Barapullah Phase-III flyover

02 Oct 2025

The Delhi government has set an eight-month deadline to complete the long-delayed Barapullah Phase-III flyover, which will connect Mayur Vihar-I in East Delhi with AIIMS in South Delhi. Initiated in 2015, the project has faced repeated delays due to land acquisition issues, environmental approvals, flooding, and coordination challenges among departments. With 333 trees cleared, transplanted, or pruned, and remaining construction work underway, the elevated corridor is expected to ease traffic congestion, provide better connectivity, and reduce commute times, benefiting thousands of daily travelers across the city.Read more

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Cabinet approves doubling of Bakhtiyarpur-Tilaiya rail line in Bihar at a cost of INR 2,192 crore

02 Oct 2025

The Union Cabinet has approved the doubling of the 104 km Bakhtiyarpur-Rajgir-Tilaiya railway line in Bihar with an investment of INR 2,192 crore. The project will enhance rail connectivity, improve service reliability, and boost freight and passenger capacity across four districts. Covering around 1,434 villages and benefitting 13.46 lakh people, the line connects important destinations like Rajgir, Nalanda, and Pawapuri. It also supports freight movement for commodities like coal, cement, clinker, and fly ash, while reducing oil imports and CO? emissions. The initiative aligns with the PM-Gati Shakti plan for integrated infrastructure.Read more

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DGCA grants aerodrome licence to Navi Mumbai airport ahead of operations

02 Oct 2025

Navi Mumbai International Airport has received its aerodrome licence from the Directorate General of Civil Aviation, enabling the project to move towards operational readiness. The licence was issued after the airport met regulatory and safety requirements. Developed by Adani Group and CIDCO in five phases, the airport's first stage is expected to serve 20 million passengers a year and handle 0.5 million metric tons of cargo. With this approval, NMIA becomes the second airport for the Mumbai Metropolitan Region, with inauguration expected soon.Read more

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India clears path for INR 28,000 crore hydro projects in J&K

02 Oct 2025

India is advancing four major hydropower and reservoir projects in Jammu & Kashmir after the Indus Water Treaty with Pakistan was suspended. The projects-930 MW Kirthai, 240 MW Uri-II Stage II, 2130 MW Dulhasti Stage II, and the Tulbul navigation project-aim to increase storage and power generation on the Chenab and Jhelum rivers. Developed by NHPC and JKSPDC, the initiatives involve design changes, civil works tenders, and feasibility studies. Estimated costs range between INR 8,000 crore and INR 28,000 crore. These projects also align with India's wider push to expand renewable energy and strengthen water infrastructure in the region.Read more

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Delhi government sanctions INR 1,000 crore for 431 rural development projects

02 Oct 2025

The Delhi government has approved over INR 1,000 crore for 431 development projects across 360 villages, marking the first large-scale initiative for rural areas at once. Chief Minister Rekha Gupta emphasized that villages are central to Delhi's identity and are vital for balanced urban-rural growth. The projects focus on roads, drainage, ponds, parks, community centers, sports fields, and cremation grounds. These will be executed across 30 assembly and four parliamentary constituencies with oversight to ensure transparency and efficient implementation.Read more

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Several Metro 6 piers removed as depot alignment is revised for smoother operations

02 Oct 2025

Several piers of the Metro 6 corridor were removed after the depot entry alignment was revised, as MMRDA plans to implement a temporary siding for initial operations by 2026. The depot site is involved in ongoing legal disputes over ownership between the Central government and a private party. MMRDA has awarded a INR 2,269-crore contract to NCC for trains, signalling systems, and platform screen doors. The depot will include stabling lines, workshops, an operations centre, and washing facilities. Once operational, Metro 6 will provide a crucial east-west connection in Mumbai.Read more

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Nagaland allocates INR 6 crore for emergency repairs on sinking NH-29

02 Oct 2025

Nagaland has allocated INR 6 crore for urgent repair work on a vulnerable stretch of National Highway 29, which has been sinking due to heavy rainfall and ground subsidence. The Deputy Chief Minister inspected sections at Liezocha 'C' Khel and Kezanu, noting that one 300 metre portion has completely collapsed. Of the allocated funds, INR 4 crore comes from the state and INR 2 crore from central resources. Earlier, the Ministry of Road Transport and Highways had sanctioned INR 19 crore for blacktopping a 12.6 km stretch. Long-term solutions include constructing two bypass routes, with one previously approved but delayed due to land acquisition challenges, and proposals are being pushed for central approval to declare them as national highways.Read more

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UP government sanctions INR 1,187 crore for Varanasi water and sewer projects

02 Oct 2025

The Uttar Pradesh government has approved INR 1,187 crore for infrastructure development in Varanasi, targeting sewerage and water supply systems. This funding will cover 18 wards, including the recently merged areas of Ramnagar and Sujabad. The projects are designed to enhance sanitation, provide safe drinking water, and improve overall living conditions for over seven lakh residents. Key constituencies benefiting include Varanasi Cantt, City South, City North, and Rohaniya. The phased implementation aims at addressing critical urban infrastructure gaps effectively.Read more

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Massive cleanliness drive on Navi Mumbai highways sees overwhelming public participation

01 Oct 2025

A large-scale cleanliness drive was carried out on the Sion-Panvel Highway and Thane-Belapur Road in Navi Mumbai, where more than 7,000 citizens, civic officials, staff, and volunteers participated despite heavy rainfall. The initiative, conducted under the ongoing 'Swachhata Hi Seva' campaign of the Central Government, saw significant involvement from over 5,000 members of Dr Nanasaheb Dharmadhikari Pratishthan. The civic body emphasised public participation, with additional commissioners and senior officials also joining the efforts, reinforcing Navi Mumbai's commitment to maintaining its reputation as a clean city.Read more

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Mizoram CM reviews highway projects, seeks urgent repairs on key routes

01 Oct 2025

Mizoram Chief Minister Shri Lalduhoma has urged the National Highways & Infrastructure Development Corporation Limited (NHIDCL) to speed up repairs and adopt rigid pavements on key highways, particularly the Aizawl-Vairengte route, due to severe damage. He emphasized the urgency of timely repairs during the Contractor Liability Period and recommended that completed bypasses be handed over to the State Public Works Department (PWD) for maintenance. Additionally, he highlighted the collapse of Thingfal's Mamte 'T' Baptist Church, allegedly caused by road-cutting activities, and called for quick action.Read more

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PM Modi urges bureaucrats to accelerate delayed infrastructure projects

01 Oct 2025

Prime Minister Shri Narendra Modi has called on top bureaucrats and state chief secretaries to take immediate action on stalled infrastructure projects rather than waiting for his intervention. During a Pragati meeting, he stressed that delays escalate costs and deprive citizens of essential services. Officials were encouraged to adopt state-level review mechanisms and ensure better coordination across agencies. Projects such as the 83-km Nangal Dam-Talwara-Mukerian railway line in Punjab and the North Koel Reservoir in Bihar and Jharkhand were discussed, highlighting decades-long delays. Modi emphasized result-oriented approaches to improve citizens' quality of life.Read more

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Signature Global partners with WRI India to study ways of cutting construction dust pollution

01 Oct 2025

Signature Global has entered into a collaboration with WRI India to carry out a pilot study focused on reducing construction-related air pollution. The company, which has already introduced several dust mitigation initiatives such as air quality sensors, water sprinkling, site staff training, and covering materials, stated that the study would reinforce its current measures. The pilot project will take place at the company's Daxin development, where low-cost sensors will be installed to evaluate and enhance the effectiveness of dust control strategies.Read more

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Navi Mumbai to mentor five Maharashtra cities under Swachh City Pairing initiative

01 Oct 2025

Navi Mumbai Municipal Corporation (NMMC), recognised under the Super Swachh League, has entered into a partnership with five municipal councils in Maharashtra to extend guidance on urban cleanliness. The collaboration, formed under the Ministry of Housing and Urban Affairs' Swachh Bharat Mission, is aimed at strengthening inter-city cooperation on sanitation practices. Officials confirmed that the initiative would be result-oriented, with its impact assessed during the forthcoming Swachh Survekshan 2025-26.Read more

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Kuwait to add 14.05 GW in new power projects by 2031

01 Oct 2025

Kuwait is planning to increase its power generation capacity by 14.05 gigawatts (GW) by 2031 to meet rising electricity demand and secure stable supplies. The program includes major projects such as the Al-Zour North power plant phases II and III, the Shagaya renewable energy project, the Khairan power and desalination plant, and the Nuwaiseeb project. The expansion combines conventional and renewable energy sources, using public-private partnerships and international collaborations. These projects are central to Kuwait's strategy to modernize its energy infrastructure and ensure sustainable power for future growth.Read more

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Indian Railways upgrades Kollam-Sengottai line to improve passenger comfort and capacity

01 Oct 2025

Indian Railways is implementing extensive upgrades on the Kollam-Sengottai railway line to enhance passenger experience and operational efficiency. The initiatives include extending platform lengths, increasing train capacity, and replacing older Integral Coach Factory (ICF) coaches with modern Linke Hofmann Busch (LHB) coaches. Plans are also underway to consider adding Vistadome coaches for panoramic travel, once production meets demand. These steps aim to address previous concerns over underutilization, limited services, and speed restrictions along the scenic Kerala-Tamil Nadu route, making travel safer and more convenient.Read more

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