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

National Highways over INR 300 crore must now use precast concrete, says new MoRTH policy

21 Jul 2025

The Indian government now requires all national highway projects exceeding INR 300 crore to use precast concrete materials, aiming to speed up construction and improve quality. Announced under the new National Highways Precast Concrete Policy by the Ministry of Road Transport and Highways (MoRTH), the move targets reduced pollution, minimized traffic disruptions, and fewer delays-especially in urban areas. Precast components, manufactured off-site and assembled on location, will initially be used for non-critical elements, easing the sector into adoption. While this shift may raise project costs, it is expected to streamline timelines and enhance overall efficiency in national highway construction.Read more

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NMMC cracks down on illegal construction in Nerul, Airoli, Belapur under MRTP Act

21 Jul 2025

The Navi Mumbai Municipal Corporation (NMMC) undertook a major demolition initiative targeting unauthorised constructions in Nerul, Airoli, and Belapur. Despite prior notices issued under the Maharashtra Regional and Town Planning Act, 1966, many offenders failed to remove illegal structures. The drive, executed under directives from the municipal commissioner and senior officials, resulted in partial and complete demolition of illegal extensions. Equipment including gas cutters, hammers, and labourers were deployed, and a penalty of INR 50,000 was collected during the operation in Airoli. The civic body has indicated its commitment to continuing such stringent enforcement efforts.Read more

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STL pioneers green hydrogen use in fibre optics with Maharashtra's first dedicated plant

21 Jul 2025

STL (Sterlite Technologies Ltd.), a global leader in optical and digital solutions, has achieved a significant milestone in sustainable manufacturing by collaborating with Hygenco to establish Maharashtra's first green hydrogen and green oxygen production facility for optical fibre. Located in Chhatrapati Sambhaji Nagar, this pioneering project will supply green hydrogen and oxygen to STL's glass preform manufacturing unit. The initiative positions STL as one of the world's first optical fibre manufacturers to fully deploy green hydrogen in its production processes, marking a crucial step towards its ambitious Net Zero by 2030 goal and contributing to India's broader decarbonization efforts.Read more

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BRO to build 683 km of roads and 11 bridges in Chhattisgarh's insurgency-hit districts

21 Jul 2025

The Border Roads Organisation (BRO) has initiated key infrastructure projects in Chhattisgarh's Maoist-affected Bastar division, aiming to boost connectivity and security. Targeting districts like Bijapur, Sukma, Narayanpur, and Dantewada, the BRO will build 13 roads covering 683 km and 11 bridges spanning over 6,211 metres. These developments are vital for improving access for security forces and delivering essential services to isolated communities. In partnership with the Chhattisgarh government, the BRO seeks to bridge decades of neglect and help integrate these regions into the national framework, fostering long-term development and stability in historically underserved areas.Read more

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Bassi to Kotputli: Jaipur's satellite towns in the works under new Township Policy 2025

21 Jul 2025

To manage Jaipur's rapid urban expansion, the Rajasthan government has begun feasibility studies for developing satellite towns in Bassi, Bagru, Chomu, and Kotputli. These towns, within 20-40 km of the capital, are being considered for high-tech township models inspired by Gujarat and Hyderabad. A multinational firm is assisting with planning, and Jaipur Metro extensions are being explored to ensure strong connectivity. The new Township Policy 2025 mandates green zones, public utilities, and housing for workers to promote sustainable, inclusive growth. These efforts aim to decentralize Jaipur's population, reduce congestion, and encourage private investment through simplified, eco-conscious urban planning frameworks.Read more

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Juniper Green Energy secures 250 MW firm and dispatchable renewable project in Haryana

21 Jul 2025

Juniper Green Energy, through its subsidiary Juniper Green Cosmic, has inked a significant 25-year Power Purchase Agreement (PPA) with state-owned NHPC. The agreement, signed recently, is for the development of a 250 megawatt Firm and Dispatchable Renewable Energy (FDRE) project in Haryana. This project, which integrates solar, wind, and Battery Energy Storage Systems (BESS), is crucial for providing assured, round-the-clock green power. It underscores Juniper Green Energy's growing footprint in the renewable sector and its contribution to India's goals for a stable and sustainable energy supply.Read more

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Crown LNG to tap PIL pipeline for 25 MMSCMD gas flow from new Kakinada terminal

21 Jul 2025

Pipeline Infrastructure Ltd (PIL) and Crown LNG Holdings Ltd have signed a Memorandum of Understanding (MoU) to establish vital pipeline connectivity in Kakinada, Andhra Pradesh. This agreement will link Crown LNG's proposed 7.2 million tonnes per year regasification terminal with PIL's extensive existing pipeline network, enhancing gas transportation capabilities across India. The collaboration aims to efficiently evacuate imported natural gas to key demand centers, signifying a strategic step to boost gas infrastructure and utilization in the country. The terminal construction is slated to commence next year.Read more

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UPSIDA revives 200+ idle plots in Ghaziabad to boost SME growth and land efficiency

20 Jul 2025

UPSIDA has revitalised over 200 long-unused industrial plots in Ghaziabad, many vacant since the 1970s, by allowing partial resale under new policies. Owners of inactive units can now sell up to 75% of their land, enabling smaller businesses to acquire affordable parcels. With prices between INR 16,960 and INR 25,780 per sq m, this marks the first major land allocation in the region in two decades. UPSIDA has also allotted over 1,600 plots in three years and tripled its revenue since FY 2021-22. Backed by a INR 6,190 crore budget, the authority is investing in infrastructure and green initiatives, turning Ghaziabad into a hub for growing enterprises.Read more

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PS Group to redevelop Nimtalla Ghat with SMPK in Kolkata riverfront revival effort

20 Jul 2025

Syama Prasad Mookerjee Port, Kolkata (SMPK), has entered into a Memorandum of Understanding with PS Group Realty for the redevelopment and beautification of Nimtalla Immersion Ghat. This partnership, part of PS Group's corporate social responsibility efforts, is aimed at enhancing the ghat's cultural, spiritual, and community value. SMPK will assist with utilities and necessary clearances during the redevelopment, and will take on maintenance responsibilities once the work is completed. The initiative mirrors a recent agreement with the Adani Group for Kumartoli Ghat, reflecting growing public-private interest in revitalising Kolkata's historic riverfronts.Read more

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Himachal CM seeks urgent road repair aid from Centre after flood damage

20 Jul 2025

Himachal Pradesh Chief Minister Shri Sukhvinder Singh Sukhu recently met Union Road Transport and Highways Minister Shri Nitin Gadkari to seek immediate assistance for repairing and reconstructing roads damaged by flash floods. He highlighted the delays in National Highway projects, advocated for tunnelling in strategic areas, and pushed for inclusion of roads under the PM Gati Shakti Yojana. Sukhu also requested approval for additional ropeway projects to address traffic concerns. Separately, he briefed Union Home Minister Shri Amit Shah about infrastructure losses exceeding INR 1,000 crore due to monsoon-triggered disasters, with total damages since 2023 amounting to nearly INR 21,000 crore.Read more

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