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

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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V. Vijaya Ramaraju takes charge as APCRDA Commissioner

04 Apr 2026

V. Vijaya Ramaraju, IAS, took charge as the Commissioner of APCRDA at the Rayapudi headquarters in Amaravati. The formal ceremony included traditional rituals and the presence of senior officials like Additional Commissioner A. Bhargava Teja and Director Vallabhaneni Srinivasa Rao. After assuming office, he reviewed ongoing capital development works with department heads to assess progress and address pending tasks. His leadership is expected to strengthen administrative oversight, streamline development initiatives, and support the continued growth and infrastructure development of the Amaravati capital region.Read more

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Navi Mumbai civic body intensifies sanitation drive with department-wise action plan ahead of Swachh Survekshan

04 Apr 2026

The Navi Mumbai Municipal Corporation (NMMC) has initiated an intensified city-wide sanitation drive as part of its preparations for the upcoming Swachh Survekshan assessment. Civic authorities have directed all departments to undertake coordinated action to improve visible cleanliness and citizen participation. Special sanitation teams will carry out a phased cleaning programme across administrative wards, covering major and internal roads, footpaths, and public infrastructure. The exercise also includes drainage cleaning, road maintenance, and removal of encroachments affecting pedestrian movement. Additionally, the civic body has emphasised timely infrastructure repairs and improved monitoring of maintenance agencies. The initiative reflects efforts to retain Navi Mumbai's standing in the super clean city category at the national level.Read more

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Navi Mumbai civic body collects INR 81 crore under amnesty scheme as deadline approaches

04 Apr 2026

The Navi Mumbai Municipal Corporation has collected over INR 81 crore from more than 15,000 property tax defaulters under its ongoing amnesty scheme, with only a few days remaining before the deadline. The scheme, which offers a 50 per cent waiver on penalty for one-time settlement of dues, will remain open until the end of the financial year. Overall property tax collections have reached INR 755 crore so far, with over 2.14 lakh property owners making payments. The civic body has extended working hours at collection centres, including weekends and holidays, to facilitate last-minute payments and improve compliance.Read more

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Delhi LG directs MCD to curb fresh waste inflow at Bhalswa landfill amid ongoing cleanup efforts

Delhi News Desk

04 Apr 2026

Delhi Lieutenant Governor Taranjit Singh Sandhu has directed the Municipal Corporation of Delhi (MCD) to address the continuous inflow of fresh waste at the Bhalswa landfill, while reviewing ongoing bioremediation work at the site. The intervention comes as authorities attempt to accelerate the clearance of legacy waste and flatten one of the capital's largest landfill mounds. Officials highlighted that despite progress in waste processing, thousands of tonnes of fresh waste continue to be dumped daily, affecting remediation timelines. The directive also includes adopting improved waste segregation practices, deploying advanced technologies, and strengthening fire prevention measures, reflecting a renewed focus on achieving landfill clearance targets within defined timelines.Read more

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