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%

Infrastructure News

Four lane rail overbridge to ease Doraha traffic and strengthen Punjab corridor

26 Feb 2026

Construction has started on a four lane railway overbridge at Doraha in Punjab, aiming to resolve a traffic bottleneck that has persisted for nearly 12 years. The INR 70.55 crore project is critical for connecting the Malwa region, Chandigarh, and nearby districts, as the existing level crossing handles about 190 trains and over 3,000 vehicles daily. The bridge is part of a broader initiative covering 166 railway sites across the state, including underbridges, subways, and station redevelopments under the Amrit Bharat Station Scheme, with investments totaling over INR 2,790 crore.Read more

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Goa to require sewage treatment plants for residential complexes with 24 or more flats

Goa News Desk

26 Feb 2026

The Goa State Pollution Control Board (GSPCB) has directed the town and country planning department to implement a rule mandating sewage treatment plants (STPs) for residential complexes with 24 or more flats, reducing the earlier 50 flat threshold. The decision follows repeated complaints about non-functional or poorly maintained STPs in several complexes and scientific assessment of wastewater generation. Builders must install and operate STPs for three years or until handover to residents associations, ensuring proper wastewater treatment. The High Court has noted the matter and left the final threshold decision to the state government.Read more

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Tamil Nadu signs four aerospace and defence MoUs worth INR 1,600 crore to strengthen manufacturing base

25 Feb 2026

Tamil Nadu has signed four Memorandums of Understanding in the aerospace and defence sectors involving a total proposed investment of INR 1,600 crore. Facilitated by the Tamil Nadu Industrial Development Corporation, the projects span precision aerospace manufacturing, aviation training and simulation, ammunition production, and advanced spacecraft components. The investments are expected to generate around 1,900 jobs across technical and engineering roles. The move adds to the state's ongoing efforts to build a strong aerospace and defence ecosystem supported by industrial parks, policy backing and a growing supplier base.Read more

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Work on 2.7 km HMT–NAD stretch of Seaport–Airport Road to restart after two decades

25 Feb 2026

The long-pending 2.7 km HMT NAD stretch of the Seaport Airport Road in Kochi is set to see construction begin next month after more than 20 years of delay. The Roads and Bridges Development Corporation of Kerala (RBDCK) has reissued tenders and expects to award contracts shortly. The state government has completed land acquisition from HMT and the Naval Armament Depot by allocating over INR 60 crore. Once finished, the stretch will close a key gap in the 25.7 km corridor and improve airport and industrial connectivity.Read more

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Tata Steel to start Ludhiana plant in March with INR 3,200 crore investment

25 Feb 2026

The Punjab government has announced that Tata Steel will begin operations at its new Ludhiana manufacturing plant in March. The project, spread over 115 acres near HiTech Valley, involves an investment that has increased from INR 2,600 crore to INR 3,200 crore. The facility will include a 0.75 MTPA Electric Arc Furnace-based steelmaking unit and a rebar mill. It is expected to generate around 2,500 jobs. The plant will use 100 per cent steel scrap and adopt a production process aimed at reducing carbon emissions.Read more

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Maharashtra introduces commercial plot package for farmers affected by new nagpur business district

25 Feb 2026

Maharashtra has introduced a revised compensation package for farmers affected by the New Nagpur Business District project, offering developed commercial plots along with monetary compensation. This replaces the earlier cash-only approach and aims to provide long-term benefits to landowners while supporting city expansion. The government is also compiling lists for a potential farm loan waiver targeting genuinely distressed farmers. Alongside this, authorities are investigating irregularities at the Nagpur District Central Cooperative Bank and enforcing strict measures against unauthorised layouts under the Nagpur Regional Plan.Read more

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Architects raise concerns over Mahalaxmi Racecourse redevelopment plan in Mumbai

Mumbai News Desk

25 Feb 2026

A group of 102 architects, planners, and designers from the Mumbai Architects Collective has opposed the redevelopment plan of the Mahalaxmi Racecourse, raising concerns about underground construction, parking structures, and tunnels. They have urged the Maharashtra government and MCGM to provide full transparency on lease terms, development rights, funding, and environmental impact. While supporting better public access, they warn that large-scale excavation could damage natural drainage, reduce open space, and affect flood management. They recommend directing resources to maintain and improve existing municipal gardens and parks instead.Read more

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Underground metro station clearance in Indore sparks housing relocation dispute

25 Feb 2026

Plans to remove 16 homes in the Piliyakhal area of Indore to make way for an underground metro station near the Bada Ganpati site have advanced to the stage where demolition is scheduled for later this month, local officials say. Sixteen properties listed on official records are to be cleared, but residents say 28 families currently live there and are seeking alternative rehabilitation closer to their original neighbourhood. Authorities have proposed relocating the affected households to flats in the Tapti Complex at Rangwasa under the national housing programme, with INR1.29 crore already deposited for 16 units, though many residents argue that the distance will disrupt daily routines and children's schooling. Administrative officials have moved to address concerns by assuring support with school admissions for children under the Right to Education scheme while the relocation process progresses.Read more

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Chennai metro phase II Poonamallee–Vadapalani stretch nears commissioning amid final safety and funding questions

Chennai News Desk

25 Feb 2026

The extension of the Chennai Metro Rail Limited's Phase II network between Poonamallee Bypass and Vadapalani is approaching the point of commissioning, but the final timeline remains uncertain as key safety trials and funding issues are resolved. Officials have signalled that the stretch of approximately 14.6 kilometres, featuring 11 stations and connecting the new line with the existing Vadapalani interchange, could be brought into service soon after completing mandatory safety clearances and certification procedures. Recent interim budget remarks by the Tamil Nadu Finance Minister highlighted progress and planned extensions of the metro project, though he also noted delays in central funding commitments under the shared cost model for the corridor, which has increased state borrowing. While the Poonamallee Porur section has passed recent inspections, regulatory scrutiny of the Porur Vadapalani segment has identified items requiring rectification, potentially affecting the launch schedule. Pending the completion of these works and final approval from safety authorities, partial operations on the Phase II corridor may begin shortly, with further work continuing on remaining stations and broader project corridors.Read more

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Mumbai set to get 70-hectare “green necklace” along Coastal Road

Mumbai News Desk

25 Feb 2026

Mumbai is planning a 70-hectare coastal park, termed the Green Necklace,stretching from Priyadarshini Park near Nepeansea Road to Worli, complementing the city's Marine Drive Queen's Necklace. The project will feature nearly 60,000 trees, forests, gardens, sports spaces, promenades, and plazas. About 80% of the area will be softscape with native coastal plants designed to withstand wind, saline soil, and sea spray. Developed by Reliance Industries Ltd under CSR in coordination with BMC, the masterplan involves six international firms and aims to enhance public access, biodiversity, and green cover along Mumbai's waterfront.Read more

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