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

Karnataka high court says auctioned property buyers can seek khata transfer

09 Mar 2026

The Karnataka High Court has ruled that a buyer who purchases a property through a bank auction conducted under the SARFAESI Act is entitled to seek transfer of the khata in their name. The decision came while hearing a petition filed by Hassan resident Nagabhushana, who had bought a flat in Bengaluru that was auctioned by State Bank of India after the original owner defaulted on a loan. The civic authority had cancelled the khata citing unauthorised construction. The court held that such action was not justified and directed authorities to reconsider the buyer's request and restore electricity supply.Read more

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Maharashtra CM says over 75% of MIHAN project-affected persons have received developed plots

09 Mar 2026

The Maharashtra government has informed the Legislative Council that rehabilitation work linked to the Multi-modal International Cargo Hub and Airport (MIHAN) project in Nagpur has progressed significantly, with more than 75% of eligible project-affected persons receiving developed plots. The state has also provided financial assistance of INR 5 lakh each to many beneficiaries in place of promised employment, with over INR 102 crore already disbursed. Land for the project was acquired from five villages in 1997. Authorities are continuing the process of handing over plots, executing lease agreements and providing job reservation benefits to remaining eligible beneficiaries.Read more

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Odisha survey finds nearly 120 unsafe buildings across 18 districts, prompting structural safety concerns

09 Mar 2026

A recent government survey in **Odisha has identified approximately 120 unsafe buildings spread across 18 districts, raising safety concerns in urban and semi-urban areas, officials said in the past week. The survey, carried out as part of a broader structural safety audit, flagged buildings that pose potential hazards due to their fragile or deteriorated conditions. The findings are expected to lead to urgent action by local authorities, including issuing notices to occupants, rehabilitation or demolition of high-risk structures and reinforcement where feasible. Districts such as Cuttack reported a higher concentration of unsafe buildings, with authorities set to examine repair, vacate or demolition options to prevent accidents and protect residents and neighbouring communities. The exercise underlines the challenge of maintaining ageing building stock and enforcing safety norms across the state.Read more

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Welder arrested in Mumbai Metro Line 4 parapet collapse; Bombay High Court seeks report in two weeks

Mumbai News Desk

08 Mar 2026

Police have arrested a welder in connection with the fatal collapse of a concrete parapet segment from the under-construction Mumbai Metro Line 4 viaduct in Mulund. The accident led to the death of a 50-year-old man and injuries to three others after the structure fell onto vehicles moving on LBS Road. Investigators say the welder had cut a critical interlocking hook between parapet segments, which likely caused the collapse. With this arrest, the number of accused in the case has risen to six. The Bombay High Court has directed authorities to submit a status report within two weeks while hearing a public interest litigation related to the incident.Read more

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Pune civic body mandates sensors on housing society STPs to monitor sewage treatment

Pune News Desk

08 Mar 2026

The Pune Municipal Corporation (PMC) has made it compulsory for large housing societies to install monitoring sensors on sewage treatment plants (STPs) to ensure proper wastewater treatment and prevent untreated sewage from entering the city's drainage network and rivers. The rule applies to residential complexes with more than 100 flats and will cover nearly 750 private STPs across Pune. The sensors will send real-time operational and water quality data to a central civic monitoring system. The step forms part of the civic body's wider effort to control pollution in the Mula Mutha river and strengthen sewage management in the city.Read more

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IISc study flags groundwater stress in Bengaluru; BWSSB prepares INR 10 crore emergency response plan

Bangalore News Desk

08 Mar 2026

A scientific study by the Indian Institute of Science has raised concerns about a possible groundwater shortage in several parts of Bengaluru, identifying around 65 wards that could face supply stress during the coming summer months. The findings show a steady fall in groundwater levels due to heavy dependence on borewells and rising urban demand. In response, the Bangalore Water Supply and Sewerage Board has prepared an emergency plan worth about INR 10 crore. The plan includes tanker deployment, stricter monitoring of borewells, faster water connections, and conservation measures to manage potential shortages.Read more

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Mumbai strengthens global collaborations to boost infrastructure and urban innovation

08 Mar 2026

KPMG International leaders met with Dr. Sanjay Mukherjee to discuss implementing global standards in contract management and infrastructure governance across the Mumbai Metropolitan Region. The talks focused on risk management, procurement reforms, dispute avoidance, and digital performance monitoring to reduce delays and cost overruns. Separately, Dr. Mukherjee hosted the Russian Consul General, who presented a draft cooperation program covering urban mobility, healthcare, education, trade, and cultural exchange, while inviting MMRDA to upcoming smart city forums. These initiatives aim to strengthen international collaboration, enhance urban project delivery, and expand economic and innovation opportunities for the region.Read more

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Bombay High Court seeks MMRDA reply on PIL demanding metro safety audit after Mulund slab collapse

Mumbai News Desk

08 Mar 2026

The Bombay High Court has asked the Mumbai Metropolitan Region Development Authority (MMRDA) to respond to a public interest litigation seeking a third-party safety audit of Mumbai's metro infrastructure after a slab collapse at the Metro Line 4 construction site in Mulund. The petition also requests a halt to construction at the accident location and details of compensation provided to those injured. The incident involved a heavy concrete parapet slab falling from an elevated structure onto vehicles on LBS Marg, injuring three people. The case has raised wider concerns about safety practices at metro construction sites across the city.Read more

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Pune mandates sensors in housing societies to monitor sewage treatment

Pune News Desk

08 Mar 2026

Pune Municipal Corporation (PMC) has instructed nearly 750 housing societies with over 100 flats to install sensors on their sewage treatment plants (STPs). The sensors will provide real-time data to a central PMC unit, ensuring STPs operate efficiently and preventing untreated wastewater discharge. The move complements previous regulations requiring local sewage treatment and builds on technology used in the Mula Mutha River Pollution Abatement Project. PMC also plans air quality monitoring at construction sites, upgrades to six existing STPs, and development of 11 new plants under AMRUT funding, increasing capacity to 1,000 MLD.Read more

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Maharashtra govt defends 30-year lease of Wilson College Gymkhana land to Jain International Organisation

Mumbai News Desk

08 Mar 2026

The Maharashtra government has clarified the circumstances under which the Wilson College Gymkhana land in Mumbai was allotted on a 30-year lease to the Jain International Organisation. Revenue Minister Chandrashekhar Bawankule informed the Legislative Assembly that the Mumbai City Collector had earlier received a complaint alleging violation of lease conditions by the previous occupant of the property. Following a hearing, the collector took possession of the land. The state government later approved its allocation to the organisation for gymkhana use. The decision has sparked protests and is currently being challenged through a writ petition pending before the Bombay High Court.Read more

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