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

Deadly water contamination hits Indore, nine dead and over 200 hospitalised

03 Jan 2026

At least nine people have died and over 200 have been hospitalised in Indore following a diarrhoea outbreak linked to contaminated drinking water, according to local authorities. The illness was traced to a leak in a water pipeline in the Bhagirathpur area, where tests confirmed bacterial contamination. Health officials said most patients are receiving treatment across city hospitals, while final test reports are awaited. Authorities have repaired the leakage point, deployed medical teams for door-to-door health checks, and distributed chlorine tablets to residents. Thousands have been screened so far, with several cases showing mild symptoms. The incident has raised concerns despite Indore's reputation as India's cleanest city.Read more

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Calcutta High Court allows KMC to repair unsafe buildings amid civil dispute

Kolkata News Desk

03 Jan 2026

The Calcutta High Court has permitted the Kolkata Municipal Corporation to undertake repair and maintenance work on buildings deemed unsafe, even as civil litigation remains pending between the property owners and the civic body. The order enables the corporation to carry out structural rectification to ensure safety and prevent potential hazards, particularly in densely populated neighbourhoods. The ruling underscores the court's emphasis on protecting life and property, balancing legal rights with urgent civic responsibilities. While the civil dispute continues to be adjudicated separately, the civic agency has been authorised to proceed with remedial works to avert risks associated with deteriorating structures.Read more

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Trichy Corporation penalises contractors over smart city project delays

02 Jan 2026

The Tiruchirappalli City Municipal Corporation has taken decisive action against contractors responsible for delays in smart city development works, issuing penalty notices and pressurising timely completion of ongoing infrastructure projects. The action follows concerns over missed deadlines on key components of the smart city initiative, which aims to improve urban amenities, traffic management and public utilities. Corporation officials have emphasised adherence to contractual timelines and quality standards, warning that continued non-compliance will result in further punitive measures. The drive underscores the civic body's commitment to accelerating smart city outcomes and addressing bottlenecks in project delivery, with a renewed focus on accountability and execution efficiency.Read more

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Lucknow Development Authority dismantles 12 illegal constructions in major crackdown

Lucknow News Desk

02 Jan 2026

The Lucknow Development Authority (LDA) has carried out a significant enforcement action, dismantling 12 illegal structures across the city in a bid to uphold planning regulations and protect public land. The crackdown targeted unauthorised buildings that had been erected without requisite approvals or in violation of sanctioned land use, including encroachments on roadsides and open spaces. LDA officials said the action forms part of ongoing efforts to prevent unauthorised real estate activity and to ensure orderly urban development. The authority has reiterated its commitment to continued monitoring and enforcement, warning that future violations will be acted upon promptly under applicable planning and municipal laws.Read more

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Gurugram civic body seals multiple properties as tax arrears exceed INR 18 crore

Gurugram News Desk

02 Jan 2026

The Municipal Corporation of Gurugram (MCG) recently took enforcement action against property tax defaulters after repeated non-payment notices, sealing several properties across key localities for overdue taxes exceeding INR 18 crore. Officials said the move is part of an ongoing campaign to improve compliance and ensure funds for essential civic services such as roads, water supply and sanitation. The corporation has already collected significant revenue this financial year and expects further growth. Authorities reminded owners that property tax is a key revenue source and urged timely payment to avoid such measures and additional penalties.Read more

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Stalled Kumarichantha flyover project back on track after protests

02 Jan 2026

The long-pending Kumarichantha flyover project has resumed after the district administration stepped in to address safety concerns and ease tensions with local traders and residents. Construction had stalled earlier due to protests over the flyover's design. NHAI has decided to continue with its original three-pillar structure, citing technical feasibility, despite demands for a wider five-pillar layout. Following discussions led by the district collector, police security was assured and work restarted. The contractor has completed piling and begun preparations for major construction. The 800-metre flyover is expected to reduce traffic congestion and accidents at the busy Kumarichantha junction and is estimated to cost around INR 22 crore.Read more

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Bengaluru buyers face shock as single apartments are sold multiple times by builders

Bangalore News Desk

02 Jan 2026

Several homebuyers in Bengaluru have been affected after builders executed multiple sale agreements for the same apartment, exposing serious gaps in property registration and verification systems. The issue came to light when buyers discovered that identical flats had been sold to different individuals by altering carpet area details in registration documents. Sub-registrar offices reportedly registered these agreements without detecting duplication, while banks approved home loans without flagging title overlaps. The incident has intensified scrutiny of regulatory oversight and buyer protection mechanisms in the city's residential market.Read more

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Karnataka RERA orders builder to refund homebuyer with interest in double sale dispute

02 Jan 2026

The Karnataka Real Estate Regulatory Authority (K-RERA) directed a Bengaluru builder to refund a homebuyer with interest after failing to deliver possession despite executing two sale agreements. The complainant had paid an advance and availed a housing loan, and later agreed to an alternative flat based on the builder's assurances. K-RERA found the claim genuine, noting delays beyond the promised delivery date and failure to register the sale deed. The order highlights ongoing double sale issues in Karnataka and underlines RERA's active role in protecting buyers interests and enforcing refunds with interest.Read more

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IT Department attaches 282 acres near Hyderabad in INR 2,000 crore benami land case

02 Jan 2026

The Income Tax Department has provisionally attached 282 acres of land on the outskirts of Hyderabad after uncovering benami transactions valued at about INR 2,002 crore. The land, located in Koheda and Omer Khan Daira villages, was originally owned by Sanghi Industries Ltd and later transferred through entities linked to its former promoters. Investigations found that the transactions were structured to hide beneficial ownership and bypass regulatory approvals. Authorities issued multiple attachment orders after tracing fund flows and ownership links.Read more

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Bhubaneswar flyover to undergo road safety audit amid pedestrian risks

01 Jan 2026

The Odisha government has ordered an urgent road safety audit of the Janpath-Cuttack Road flyover in Bhubaneswar, following repeated accidents along this busy corridor. Transport officials will evaluate risks for pedestrians, including the visually impaired, and suggest both immediate and long-term safety improvements. Temporary measures like speed restriction signs, marked crossings, and improved night lighting are already being implemented. The audit will follow Indian Road Congress guidelines to examine footpaths, crossings, signage, and traffic calming measures, aligning with Odisha's wider push to enhance urban road safety and protect vulnerable commuters.Read more

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