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%

Law & Policy

Jaipur civic action prompts hotels to clear long-pending UD tax dues following property sealing

58 minutes ago

The Jaipur Municipal Corporation (JMC) initiated enforcement action against prominent hotel properties over unpaid urban development (UD) tax, leading to swift compliance from operators. Properties linked to Hotel Marriott near Jawahar Circle and Hotel Ramada in Raja Park were sealed due to outstanding dues of approximately INR 5 crore and INR 1 crore, respectively. The liabilities had remained unpaid since 2007 despite repeated notices. Within hours of the sealing action, both hotel managements cleared their dues, resulting in the reopening of the affected premises. The move forms part of a broader municipal drive to strengthen tax recovery and ensure compliance among commercial establishments across Jaipur.Read more

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Mumbai plans parking restrictions in narrow lanes to improve emergency access amid rising congestion concerns

2 hours ago

The Brihanmumbai Municipal Corporation (BMC) is planning to impose parking restrictions in narrow lanes across Mumbai to address obstruction faced by emergency services. The move, under consideration in the past week, targets densely populated localities such as Kalbadevi, Girgaon, and Byculla, where illegal and haphazard parking has been delaying fire engines and ambulances. Authorities are evaluating measures including odd-even parking and no-parking zones in highly congested stretches. Industry stakeholders have highlighted that the issue reflects a broader infrastructure gap, calling for integration of structured and technology-driven parking solutions in urban planning. The development comes amid increasing vehicle ownership and limited availability of organised parking infrastructure in older parts of the city.Read more

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PMO flags lapses in Delhi dust control, warns of action against officials over compliance failures

8 hours ago

The Prime Minister's Office (PMO) has raised concerns over deficiencies in dust control and waste management measures in Delhi, directing civic and infrastructure agencies to address gaps or face action. The issue was reviewed at a high-level meeting of the Implementation Committee for Control of Air Pollution, where shortcomings in road dust management, construction waste removal, and grievance redressal systems were highlighted. Agencies including the Municipal Corporation of Delhi (MCD) and Delhi Metro Rail Corporation (DMRC) were instructed to strengthen enforcement and submit action taken reports. The review also flagged operational constraints such as limited mechanised sweeping and inefficiencies in complaint handling systems, indicating increased oversight of urban environmental compliance.Read more

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Ahmedabad development authority to unveil 2041 draft plan aligned with long-term growth and Olympic bid ambitions

Ahmedabad News Desk

10 hours ago

The Ahmedabad Urban Development Authority (AUDA) is preparing to release its draft Development Plan 2041, marking a shift from the conventional 10-year planning cycle to a 20-year framework. The plan is expected to expand the authority's jurisdiction across parts of Ahmedabad, Gandhinagar, and Mehsana, while integrating infrastructure, land use, and environmental strategies. It is being positioned in the context of Ahmedabad's bid to host the 2036 Olympic Games and the 2030 Commonwealth Games. The draft is likely to include provisions for industrial relocation, revised zoning regulations, and new greenfield development areas. Authorities are also aligning the plan with regional economic corridors and long-term urban infrastructure requirements.Read more

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Amaravati government complex works reviewed, focus on quality and timelines

04 Apr 2026

The Amaravati Growth & Infrastructure Corporation Limited (AGICL) reviewed the progress of key projects at the Amaravati Government Complex, including the High Court building and housing towers for non-gazetted officers. Managing Director SVR Srinivas assessed construction status and held discussions with contractors and engineering teams, stressing adherence to quality and timelines. The NGO housing project includes 21 towers with nearly 2,000 residential units, while the High Court is being built across a large area with multiple floors. The review highlights the state's continued push to develop core administrative infrastructure in Amaravati.Read more

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Gujarat strengthens semiconductor push with INR 20,000 crore infrastructure rollout

04 Apr 2026

Prime Minister Narendra Modi inaugurated a semiconductor facility in Sanand, Gujarat, and launched infrastructure projects worth over INR 20,000 crore across the state. The chip plant, developed by Kaynes Technology with an investment of about INR 3,300 crore, is expected to support India's semiconductor ambitions and reduce import dependence. Key projects include the Ahmedabad-Dholera Expressway and multiple initiatives across transport, energy, and urban sectors. The developments reflect the government's continued focus on building a domestic semiconductor ecosystem and strengthening industrial infrastructure in key growth regions.Read more

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Bombay High Court directs builder to deposit INR 41 lakh for illegal demolition costs

Mumbai News Desk

04 Apr 2026

The Bombay High Court has directed a builder to deposit around INR 41 lakh towards the cost of demolishing unauthorised portions in two buildings in Nagpur. The order followed a detailed estimate submitted by civic authorities, highlighting violations of approved plans and potential safety risks. The matter stems from a long-pending public interest litigation. A significant part of the demolition has already been carried out. The court has made it clear that the financial burden of such actions will not fall on public authorities and will be borne by the developer.Read more

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Amaravati government complex works reviewed as construction progresses across key projects

04 Apr 2026

Construction activity across the Amaravati Government Complex is moving ahead, with senior officials closely monitoring progress and quality. The Managing Director of Amaravati Growth and Infrastructure Corporation Limited reviewed ongoing work at HOD Tower-4, residential bungalows for ministers and secretaries, and the Quantum Computing Center. The review focused on construction timelines, adherence to quality standards, and material usage. Officials and contractors were directed to meet set targets without compromising on execution standards. The developments are part of the broader effort to strengthen administrative and technology infrastructure in the capital region.Read more

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Mumbai residents and businesses face prolonged delays in piped gas connections

Mumbai News Desk

04 Apr 2026

Several housing societies and bakeries in Mumbai's Sakinaka area have been waiting for Piped Natural Gas (PNG) connections for over a decade, despite pipelines being installed years ago. Societies like Shiv Prabha, Shiv Prerna, Dhanlaxmi, and Anna Sagar, covering around 500 households, are still awaiting supply due to pending technical feasibility and connection issues. Local bakeries that invested INR 25,000 or more for connections are also affected. Senior citizens face difficulties managing LPG cylinders, highlighting the gap between policy initiatives promoting PNG and actual service delivery.Read more

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IFFCO-TOKIO GIC launches comprehensive property risk policy targeting MSMEs and commercial assets

04 Apr 2026

IFFCO-TOKIO General Insurance Company has introduced a Comprehensive Property All Risk Policy aimed at providing integrated risk coverage for businesses, particularly MSMEs. Announced in the past week, the policy combines multiple protections including material damage, machinery breakdown, business interruption, fidelity, money, and public liability under a single framework. The offering is designed to address gaps in traditional property insurance, which often provides fragmented coverage. With no minimum sum insured requirement, the policy caters to a wide range of users, from small enterprises to large corporates and institutional clients. The development comes amid increasing exposure of businesses to operational risks and growing investments in commercial and industrial real estate.Read more

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