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

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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AAI eases height norms with case-by-case approvals for Mumbai redevelopment

03 Apr 2026

The Airports Authority of India has introduced a case-by-case system for granting height clearances in Mumbai, especially in areas affected by aviation-related restrictions near Juhu. The move aims to unlock stalled redevelopment projects that had become financially unviable due to reduced permissible heights. A regional committee will now review individual proposals while ensuring aviation safety. The decision is expected to support redevelopment of old buildings, including MHADA and slum rehabilitation projects, where higher FSI is critical for project feasibility and execution.Read more

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Centre releases INR 1,561 crore to five states under Jal Jeevan Mission 2.0

03 Apr 2026

The Centre has released INR 1,561.53 crore to five states under Jal Jeevan Mission (JJM) 2.0 after they met reform-linked conditions and signed necessary agreements. The funds have been allocated to Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Odisha and Maharashtra to improve rural tap water supply systems. The updated mission focuses on service delivery, sustainability and accountability, with funding now linked to performance. This comes after the scheme was restructured recently, with a higher financial outlay and a target to provide functional tap water connections to all rural households by 2028Read more

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IBBI suspends Hitesh Goel for two years over lapses in Supertech insolvency process

03 Apr 2026

The Insolvency and Bankruptcy Board of India (IBBI) has suspended insolvency professional Hitesh Goel for two years for lapses in handling the insolvency of Supertech Ltd and Nobility Estates. The regulator found delays in filings, missing disclosures, and non-compliance with prescribed timelines under the Insolvency and Bankruptcy Code. These issues affected transparency and slowed the resolution process, impacting creditors and homebuyers. The action comes as efforts continue under court supervision to complete stalled Supertech housing projects and provide relief to buyers.Read more

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MMRDA explores collaboration with Germany on urban transport and infrastructure

03 Apr 2026

The Mumbai Metropolitan Region Development Authority recently held discussions with Germany's Consul General in Mumbai to explore collaboration in urban infrastructure and transport. The meeting focused on metro rail development, multimodal integration, and adopting global best practices. Both sides highlighted the need for sustainable and efficient urban planning as cities expand. The interaction reflects a continued effort to strengthen Indo-German ties in infrastructure development, with a focus on innovation and long-term urban mobility solutions across the Mumbai Metropolitan Region.Read more

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Delhi extends property tax amnesty scheme deadline till April 30

03 Apr 2026

The Municipal Corporation of Delhi has extended the deadline for its property tax amnesty scheme till April 30, giving property owners more time to clear pending dues. The scheme offers waiver on interest and penalties for old dues if taxpayers pay the principal amount for recent years. The decision comes after a strong response from residents. Authorities have stated that this will be the final extension. The initiative aims to improve compliance, resolve long-pending dues, and strengthen overall tax collection in the city.Read more

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J&K disburses INR 3.80 crore subsidy to over 4,200 households under PM Surya Ghar scheme

03 Apr 2026

The Jammu and Kashmir government has disbursed INR 3.80 crore as Union Territory subsidy to 4,288 beneficiaries under the PM Surya Ghar - Muft Bijli Yojana. The financial support has been distributed between consumers of Kashmir Power Distribution Corporation Limited and Jammu Power Distribution Corporation Limited. The scheme offers a mix of central and UT subsidies for rooftop solar installations, with total benefits reaching up to INR 94,800 for a 3 kW system. Authorities have indicated that delays in some cases are due to verification and documentation processes, which are currently being streamlined.Read more

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Punjab simplifies leasehold conversion rules to support industrial growth

03 Apr 2026

The Punjab government has introduced key industrial reforms to simplify leasehold-to-freehold conversions and reduce compliance burden. A fixed 5 per cent conversion fee and full stamp duty exemption for applications completed by April 30, 2026 aim to clear pending cases and encourage faster conversions. The policy also removes certain charges, simplifies documentation, and speeds up approvals. Alongside, amendments in infrastructure management rules address double taxation and improve maintenance through industry-led bodies. These steps are expected to improve ease of doing business and support industrial expansion in the state.Read more

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Vedanta challenges Adani Group’s INR 14,535 crore Jaiprakash Associates deal in Supreme Court

03 Apr 2026

Vedanta Ltd has approached the Supreme Court against Adani Group's INR 14,535 crore bid for Jaiprakash Associates under the insolvency process. The move follows the appellate tribunal's refusal to stay the deal. Vedanta has argued that its higher bid was not considered fairly. Meanwhile, Adani Enterprises Ltd has filed a caveat to ensure it is heard before any order is passed. The case adds complexity to one of India's large ongoing insolvency resolutions involving real estate and infrastructure assets.Read more

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NCLAT restricts Vatika insolvency proceedings to Gurugram Aspirations project

03 Apr 2026

The National Company Law Appellate Tribunal (NCLAT) has modified the insolvency order against Vatika Limited, limiting the Corporate Insolvency Resolution Process (CIRP) only to its Gurugram-based project Aspirations. The tribunal upheld the default but ruled that insolvency should remain project-specific where debt is linked to a particular development. The decision offers partial relief to the developer while allowing creditors of other projects to take separate legal action. It also strengthens the approach of handling real estate insolvency on a project-wise basis under the Insolvency and Bankruptcy Code.Read more

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