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

Rajasthan gets INR 81.12 crore approval to expand EV charging network across cities and highways

03 Apr 2026

The Centre has approved INR 81.12 crore to expand electric vehicle charging infrastructure in Rajasthan, supporting the state's push towards cleaner mobility. The plan includes setting up 591 charging stations across 262 locations in Jaipur, Ajmer, Udaipur, and Kota, along with key highways. Implemented under the Prime Minister's e-Drive scheme, the project aims to improve accessibility, enable long-distance EV travel, and strengthen the overall ecosystem. The move is also expected to reduce carbon emissions and accelerate the adoption of electric vehicles across urban and intercity routes.Read more

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Airtel’s Nxtra raises USD 1 billion to scale AI-driven data centre capacity

03 Apr 2026

Bharti Airtel's data centre arm Nxtra Data has secured USD 1 billion in funding from global investors including Alpha Wave Global, Carlyle, and Anchorage Capital, along with Airtel's participation. The deal values the company at around USD 3.1 billion. The investment will support expansion of its data centre capacity and AI-led infrastructure across India. With an existing capacity of about 300 MW, Nxtra aims to scale up to nearly 1 GW. The funding comes amid strong demand driven by cloud adoption, AI workloads, and enterprise digital growth.Read more

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Gujarat approves INR 3,440 crore rural road resurfacing programme covering 5,700 km across 33 districts

03 Apr 2026

The Gujarat government has approved road resurfacing and quality improvement works worth INR 3,440 crore to upgrade rural connectivity across the state. The programme will cover around 5,700 km of non-planned roads through 2,342 projects spanning 33 districts, accounting for nearly 67% of such road networks. The initiative focuses on improving travel safety and efficiency in remote villages while introducing performance-based contracting models. Under the plan, projects will be executed through Output and Performance-Based Contracts (OPRC) and Performance-Based Maintenance Contracts (PBMC), with extended maintenance responsibilities. The move reflects a shift towards lifecycle-based infrastructure management, aimed at enhancing durability, reducing repair frequency, and improving accountability in road maintenance.Read more

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Jammu and Srinagar metro projects move closer as Centre reviews proposals

03 Apr 2026

Metro rail projects proposed for Jammu and Srinagar are currently under review by the central government after detailed project reports were submitted. Prepared by RITES Ltd., the plans cover route alignment, ridership projections, land requirements and financial viability. The Jammu corridor between Bantalab and Bari Brahmana is expected to see strong passenger demand in the coming years. Similar groundwork has been completed for Srinagar. The projects are part of long-term efforts to improve urban transport in the region, though final approval is still awaited.Read more

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India’s real estate evolution highlights trust, sustainability, and long-term growth

03 Apr 2026

India's real estate sector has transformed from an unregulated market in the 1990s to a structured and accountable industry. NBR Group, led by N. Nagabushana Reddy, played a vital role in building trust through transparent documentation and disciplined project delivery, particularly in Bengaluru's Sarjapur Road and Gunjur corridors. Modern developments now emphasize sustainability, green spaces, and livable designs while integrating technology for transparency. The sector increasingly aligns with national growth objectives, focusing on employment, connectivity, and urban planning. Recognition at global forums highlights India's shift toward ethical, responsible, and long-term real estate practices.Read more

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Thiruvananthapuram Neopolis IT township faces delay as Centre expands scheme to 100 cities

03 Apr 2026

The proposed Neopolis IT township in Thiruvananthapuram is facing delays after the Union government initiated a major revision of the programme by expanding its scope from 10 to nearly 100 cities nationwide. The project, which had received in-principle approval in late 2024, is planned at Technopark Phase IV and forms part of the Outer Area Growth Corridor (OAGC) strategy. Authorities have been asked to reassess proposals in line with revised guidelines, including reconsideration of Kannur, which was earlier excluded. The development is envisaged as an integrated IT-led township combining office, residential, and commercial infrastructure. The revised national framework has introduced uncertainty in timelines while placing all shortlisted projects under fresh evaluation.Read more

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South Mumbai residents push for additional coastal road exit amid congestion at Breach Candy interchange

Mumbai News Desk

03 Apr 2026

A traffic bottleneck at the Breach Candy exit of Mumbai's Coastal Road has triggered a citizen-led campaign demanding additional exit infrastructure to ease congestion in South Mumbai. The issue has emerged in the past week as residents highlighted that while the arterial road has reduced travel time significantly along the main corridor, the absence of a planned exit at Nepeansea Road has resulted in severe delays at the final stretch. Commuters report that a 300-metre segment near the exit can take up to 20-25 minutes during peak hours. The campaign, titled Unlock the Exit, is advocating for the reinstatement of a previously proposed exit, citing technical feasibility and the need for improved last-mile connectivity within dense urban neighbourhoods.Read more

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South Western Railway introduces modern LHB coaches on key routes to improve passenger comfort

03 Apr 2026

South Western Railway (SWR) has introduced modern Linke Hofmann Busch (LHB) coaches on five short-distance train services, replacing older conventional rakes to improve passenger comfort and safety. The rollout, implemented in the past week, covers three Mysuru-bound trains, one service to Dharwad, and an intercity train to Talguppa. The upgraded coaches are designed for speeds of up to 160-180 kmph and include features such as charging points, tray tables, modular switches, and improved window systems. However, the transition has reduced the total coach count from 21 to 19, raising concerns over capacity. Passenger feedback has also pointed to limited seat recline in second-sitting coaches, highlighting trade-offs in the modernisation effort.Read more

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PM Modi inaugurates semiconductor plant and unveils projects worth over INR 20,000 crore across Gujarat

03 Apr 2026

Prime Minister Narendra Modi inaugurated a semiconductor facility and launched multiple infrastructure projects worth over INR 20,000 crore across Gujarat in the past week, covering sectors such as urban development, transport, power, and healthcare. The semiconductor plant, located at Sanand in Ahmedabad, marks the country's second such facility and is expected to strengthen domestic chip manufacturing capabilities. Alongside this, a series of projects were inaugurated or had foundation stones laid in the Vav-Tharad region, including initiatives in road connectivity, railways, and urban infrastructure. The visit also included the launch of a museum in Gandhinagar. The combined developments are part of broader efforts to enhance infrastructure capacity and support industrial and regional growth in the state.Read more

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NTPC starts 168.02 MW solar power supply from Khavda projects in Gujarat

02 Apr 2026

State-owned NTPC Limited has started commercial electricity supply of 168.02 MW from its solar projects at Khavda in Gujarat through its subsidiary NTPC Renewable Energy Ltd. This includes partial commissioning of two large solar projects Khavda-I and Khavda-II. With this addition, the NTPC Group's total installed capacity has reached 89,057 MW, while its commercial capacity stands at 87,977 MW. The development is part of NTPC's ongoing renewable energy expansion and aligns with its broader plan to significantly increase green energy capacity in the coming years.Read more

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