52 minutes ago

Women's safety measures at Namo Bharat Regional Rapid Transit System (RRTS) stations have been strengthened through funding from the Nirbhaya Fund, with multiple initiatives implemented across operational corridors. The measures, introduced in the past week, include dedicated women help desks, enhanced surveillance systems, well-lit station premises, and deployment of trained security personnel. The initiative is being implemented by the National Capital Region Transport Corporation (NCRTC) as part of its broader passenger safety framework. The focus is on ensuring safe access, transit, and exit for women commuters across stations and trains. These interventions are aligned with national efforts to integrate gender-sensitive infrastructure into urban transport systems and improve safety standards in high-capacity transit networks.Read more

1 hour ago

Prime Minister Narendra Modi inaugurated a semiconductor facility and launched multiple infrastructure projects worth over INR 20,000 crore across Gujarat in the past week, covering sectors such as urban development, transport, power, and healthcare. The semiconductor plant, located at Sanand in Ahmedabad, marks the country's second such facility and is expected to strengthen domestic chip manufacturing capabilities. Alongside this, a series of projects were inaugurated or had foundation stones laid in the Vav-Tharad region, including initiatives in road connectivity, railways, and urban infrastructure. The visit also included the launch of a museum in Gandhinagar. The combined developments are part of broader efforts to enhance infrastructure capacity and support industrial and regional growth in the state.Read more

2 hours ago

The Ministry of New and Renewable Energy (MNRE) has extended the commissioning deadline for select projects under the PM KUSUM scheme to March 31, 2027, offering relief to solar developers and state agencies facing delays. The decision applies to projects where power purchase agreements or letters of intent were issued by the end of 2025. The extension follows concerns over slow financial closure, with banks showing limited lending appetite under earlier timelines. States have been directed to coordinate with financial institutions to expedite funding. The scheme, aimed at decentralised solar generation for the agricultural sector, continues to see uneven implementation across regions, prompting revised timelines and discussions around a successor framework under PM KUSUM 2.0.Read more

02 Apr 2026

The Varkala municipality in Kerala has launched a large-scale enforcement drive against unauthorised constructions along the ecologically sensitive North Cliff stretch, covering areas from Varkala Cliff to Aliyirakkam. The action follows identification of widespread violations of the Kerala Municipality Building Rules, 2019, particularly by resorts, homestays and private property owners. Authorities have issued stop-work notices and directed violators to submit valid approvals within three days or face demolition and legal action. Inspection teams have been deployed across wards to document irregularities. The crackdown comes amid concerns over increasing construction activity during the election period and growing environmental risks, including soil erosion and structural instability along the coastal belt.Read more

02 Apr 2026

South Korean robotics maker EveryBot Inc has moved to sell real estate assets valued at about 26 billion won (approximately USD 19.4 million) as part of a strategic shift in its business operations. The company, listed on the Korea Exchange under the code 270660.KQ, disclosed the intention to divest property holdings in a filing earlier this week. This decision comes amid broader efforts by tech and robotics firms in the region to streamline balance sheets and focus on core business segments. EveryBot's asset sale follows its history of product collaborations and previous investments in robotics ventures.Read more

Pune News Desk

02 Apr 2026

Citizen groups and housing federations in Pune have called for legal action against developers who failed to fulfil water supply commitments made during project approvals. The demand follows growing complaints from residents in peripheral areas who remain dependent on private tankers despite assurances of interim water supply by builders. The issue was reviewed in a joint meeting involving the Pune Municipal Corporation (PMC), Pimpri Chinchwad Municipal Corporation (PCMC) and PMRDA, convened in line with a High Court-directed process. Authorities have been urged to enforce developer undertakings, publish water-related affidavits online, and ensure accountability. The situation highlights structural gaps in urban infrastructure delivery and compliance in fast-expanding residential zones.Read more

02 Apr 2026

State-owned NTPC Limited has started commercial electricity supply of 168.02 MW from its solar projects at Khavda in Gujarat through its subsidiary NTPC Renewable Energy Ltd. This includes partial commissioning of two large solar projects Khavda-I and Khavda-II. With this addition, the NTPC Group's total installed capacity has reached 89,057 MW, while its commercial capacity stands at 87,977 MW. The development is part of NTPC's ongoing renewable energy expansion and aligns with its broader plan to significantly increase green energy capacity in the coming years.Read more

02 Apr 2026

Berkeley has revised its growth and profit plans due to geopolitical tensions and economic pressures affecting the housing market. The company expects pre-tax profits of over 1.4 billion pounds (USD 1.9 billion) from fiscal 2027 to 2030, with margins of 17.5%-19.5%, below previous levels. Rising construction costs and regulatory burdens have led Berkeley to halt land purchases and slow investments, while reducing operating costs to protect its balance sheet. Shareholders will continue to receive returns through dividends and buybacks, though analysts caution about a slower earnings trajectory.Read more

02 Apr 2026

Prestige Estates Projects Ltd has entered into a joint development agreement for a 17.212-acre land parcel in Sector 92, Gurugram, to develop a residential project with an estimated revenue potential of INR 4,200 crore. The proposed development will have a saleable area of around 3 million sq ft. The land is owned by Sare Gurugram Pvt Ltd, a joint venture of Eka, KGK, and Dhoot. The move aligns with Prestige's strategy to expand its footprint in the National Capital Region, where housing demand remains steady, particularly in locations supported by improving infrastructure and long-term growth prospects.Read more

02 Apr 2026

Non-banking financial companies (NBFCs) remained the key drivers of activity in the commercial paper market during the past month, even as corporates reduced participation due to higher short-term borrowing costs and sufficient internal liquidity. A report by India Ratings and Research highlighted that NBFCs continued to rely on short-term instruments to meet year-end funding needs, leading to a sharp rise in issuances. In contrast, corporate borrowing declined notably. The report also noted stable trends in certificate of deposit issuances, indicating easing liquidity pressures and a more balanced outlook for bank funding in the coming months.Read more

02 Apr 2026

Self-enumeration for Census 2027 has commenced in New Delhi Municipal Council (NDMC) and Delhi Cantonment areas, marking the start of India's first fully digital census exercise. The process, initiated in the past week, allows residents to submit household data online between April 1 and April 15, ahead of the house listing phase scheduled from mid-April to mid-May. The exercise will later expand to Municipal Corporation of Delhi (MCD) areas in May. The initiative introduces a web-based platform and mobile application for data submission in multiple languages, reducing reliance on physical surveys. Officials indicated that the move is part of a broader shift towards technology-led data collection, aimed at improving accuracy, efficiency, and participation in the national census process.Read more

02 Apr 2026

Marathon Nextgen Realty Ltd has expanded its development platform by acquiring three real estate entities whose combined projects represent a gross development value (GDV) exceeding INR 8.4 billion. This strategic move was announced this week, reflecting Marathon's ongoing efforts to broaden its project portfolio and strengthen its footprint in the real estate sector. The acquisitions align with the company's growth trajectory, building on its long history of development across the Mumbai Metropolitan Region and a diversified mix of residential and commercial projects. Marathon's latest deal underlines continued consolidation activity in the Indian property market.Read more

02 Apr 2026

Hong Kong's retail sales surged 19.3% in February from a year earlier, marking ten months of consecutive growth. Total sales reached HKINR 35 billion (USD 4.47 billion), with sales volume up 17.5%, the highest since March 2023. Visitor arrivals, particularly from mainland China, rose sharply, supporting retail demand. Jewellery, watches, and fashion products saw notable growth. Government officials highlighted the strong local economy and rising inbound tourism as key drivers. This growth underscores the combined impact of consumer confidence and a recovery in tourism spending.Read more

02 Apr 2026

The multi-modal dry port project at Jalna in Maharashtra has been sealed by the district administration over unpaid land revenue dues of INR 52 lakh, affecting a key logistics infrastructure project nearing operationalisation. The action, taken in the past week at the Daregaon site, follows multiple recovery notices issued to project authorities. Developed jointly by Jawaharlal Nehru Port Authority (JNPA) and National Highways Logistics Management Limited (NHLML), the 495-acre facility had recently been handed over to a private operator for a 15-year term. Although core infrastructure such as warehouses and rail connectivity is largely in place, the project has yet to commence full operations. Authorities have indicated that the seal will be lifted only after complete recovery of dues.Read more

02 Apr 2026

GST collections crossed INR 2 lakh crore in the last month of the financial year, marking one of the highest monthly figures. The rise was supported by both domestic consumption and a sharp increase in import-related tax collections. While tax rate cuts introduced earlier had initially softened revenues, collections have gradually recovered over recent months. Refund payouts also increased, indicating improved compliance and processing. Experts note that while consumption remains stable, future growth may face pressure from global economic factors and inflation trends.Read more

02 Apr 2026

Sansiri PCL sold 225,000 shares of Anima Co to Mitsui Fudosan Asia Development (Thailand) for a total of 22.5 million INR. The sale is part of Sansiri's broader strategy to optimize its investment portfolio and concentrate on core real estate development projects. Analysts note that such disposals enable companies to reallocate capital efficiently and strengthen strategic partnerships in the region. The move continues Sansiri's past efforts to adjust its holdings in non-core businesses, aiming to improve operational focus and maximize shareholder value in a competitive Thai real estate market.Read more

02 Apr 2026

Chhattisgarh has emerged as the top-performing state in rural housing delivery, completing over six lakh homes in FY26. The progress has been driven by the combined implementation of PMAY-G, PM JANMAN Yojana and the state housing scheme. Around 18 lakh houses had been approved earlier, and the government has now ensured coverage of all eligible beneficiaries. The initiative has also supported rural livelihoods through women-led material supply models, mason training, and local employment, making it a broader development effort beyond housing construction.Read more

Mumbai News Desk

02 Apr 2026

Malaika Arora has rented out her apartment in Bandra West, Mumbai, for a total lease value of around INR 1.17 crore over a three-year period. The agreement starts at a monthly rent of about INR 3.10 lakh, with structured increases during the tenure. The deal was registered recently, as per official property documents accessed through the registration portal. The transaction reflects steady demand for premium rental homes in key Mumbai locations and highlights how high-value residential assets are being used to generate consistent rental income.Read more

Mumbai News Desk

02 Apr 2026

The Bombay High Court has allowed a homebuyer to withdraw the amount deposited by a builder while an appeal is pending before the appellate tribunal under RERA. The case involved a delayed housing project where the buyer had already paid a substantial amount and was granted a refund with interest by MahaRERA. The builder challenged this order, but the court upheld the tribunal's decision. It noted that homebuyers face financial stress due to delays and should not be denied relief, while safeguards remain in place if the builder succeeds.Read more

02 Apr 2026

The new terminal at Maharana Pratap Airport in Udaipur is nearing completion and is expected to open soon, significantly increasing passenger handling capacity. Built at a cost of around INR 887 crore, the terminal is designed to support future international operations. Authorities are in discussions with airlines to start international flights. The project is expected to improve connectivity, support tourism growth, and strengthen the local economy, while also creating positive momentum for real estate and hospitality demand in the region.Read more

02 Apr 2026

The Himachal Pradesh Assembly has approved the state budget for 2026-27, allowing expenditure of INR 58,830.30 crore from the consolidated fund. The budget outlines a revenue deficit of INR 6,577 crore and a fiscal deficit of INR 9,698 crore, staying within the prescribed limits at 3.49 per cent of GSDP. A significant portion of funds will go towards committed liabilities, leaving limited room for development spending. In response to financial pressure and reduced central support, the state leadership has announced temporary salary cuts across key positions.Read more

02 Apr 2026

The Jammu and Kashmir government has cleared over INR 18,382 crore in financial liabilities during the financial year 2025-26, covering dues to contractors and retired employees. Chief Minister Omar Abdullah informed the Legislative Assembly that payments are being processed regularly through a structured system. Major payouts include contractor bills, GPF, gratuity, and other retirement benefits. Most dues have been settled up to the past week, while GPF claims have been cleared up to the end of last year. The government also clarified that fund allocation is based on expenditure heads, not regional divisions.Read more

02 Apr 2026

The National Highways Authority of India (NHAI) is close to achieving its asset monetisation target of INR 30,000 crore for the financial year 2025-26, having already realised INR 28,307 crore through Infrastructure Investment Trusts (InvITs) and Toll-Operate-Transfer (TOT) transactions. The progress has been supported by recent monetisation rounds, including InvIT Round-5 and TOT Bundle-18, with additional bids under evaluation expected to bridge the remaining gap. The initiative forms part of the government's broader National Monetisation Pipeline, which aims to unlock capital from operational infrastructure assets and reinvest it into new highway development. The strategy also aligns with efforts to reduce reliance on borrowings and improve financial sustainability in road infrastructure funding.Read more

Pune News Desk

02 Apr 2026

A government panel led by Vikas Kharge has found that revenue officials had identified irregularities in the Mundhwa land transaction in Pune and had blocked the mutation request at the initial stage. However, the issue was not escalated properly, allowing procedural lapses to weaken the scrutiny. The report highlights that around 45 acres of government land was registered in 2005 in the name of a private firm for INR 300 crore. It also points to administrative negligence, confusion in land classification, and improper actions related to the Botanical Survey of India's lease.Read more

02 Apr 2026

The 11th ET Edge GCC Summit 2026 in Bengaluru showcased how India's Global Capability Centers are evolving into AI-driven strategic hubs. Leaders highlighted GCCs transition from operational units to centers of enterprise intelligence, focusing on talent, innovation, startup collaboration, cybersecurity, workplace design, and sustainability. Real estate and policy clarity are supporting this growth, while Bengaluru remains central to India's GCC ecosystem. The summit reinforced that the next phase of GCC success will depend on effectively integrating technology, human capital, and strategy to drive enterprise value and global competitiveness.Read more

02 Apr 2026

Signature Global and RMZ Group have formed a 50:50 joint venture to develop an 18-acre commercial project in Gurugram, with RMZ investing INR 1,293 crore for its stake. The project will include 35 lakh square feet of office space, retail areas, and two hotels with 500 rooms each, with an estimated capital value of INR 14,000-16,000 crore. The deal strengthens Signature Global's financial position and market credibility. Signature Global has already delivered 16.5 million square feet, while RMZ Group owns assets worth over USD 20 billion across six major Indian cities.Read more

02 Apr 2026

The Enforcement Directorate has attached immovable assets worth over INR 270 crore linked to Rajendra Lodha, former director of Lodha Developers, in a money laundering case. The action follows allegations of unauthorised sale of company assets, diversion of funds, and creation of fake documents that led to financial losses. The assets, mainly land parcels in Maharashtra, were attached under the Prevention of Money Laundering Act. The case is based on a Mumbai Police FIR, and the accused is currently in judicial custody as investigations continue.Read more

02 Apr 2026

Swiss Prime Site has announced the appointment of Martina Moosmann as its new Chief Financial Officer, with effect from April 15, 2026. She will take over the role from Marcel Kucher, marking a leadership transition at the senior management level. The company has been focusing on strengthening its financial strategy and operational efficiency, and this move is seen as part of that direction. Moosmann's appointment comes at a time when the firm continues to manage its real estate portfolio and align its financial planning with market conditions and long-term growth.Read more

02 Apr 2026

Gujarat's GIFT City has missed a key milestone after XED Executive Development withdrew its proposed USD 12 million IPO, which was expected to be the first listing from the IFSC platform. The company stepped back due to weak investor sentiment and cautious market conditions. The issue was structured as a dollar-denominated offering aimed at global investors and was to be listed on international exchanges at GIFT City. The development highlights current hesitation in capital markets and may delay similar IPO plans from companies looking to tap the IFSC route.Read more

02 Apr 2026

Texmaco Rail & Engineering Ltd has secured a contract worth over INR 421 crore from JSW Group companies to supply freight wagon rakes. The deal highlights the increasing role of private companies in rail logistics, supported by Indian Railways policy push to improve freight efficiency and reduce costs. The wagons are designed for high-capacity container movement and are expected to strengthen industrial supply chains. The order also reinforces Texmaco's established presence in the private freight wagon segment, where demand has been rising due to growing infrastructure and logistics needs.Read more

02 Apr 2026

Emperium Group has launched a new residential project, Emperium Titan, in Gurugram with a revenue potential of around INR 167 crore. The project is located along Dwarka Expressway and includes 74 apartments spread across 1.03 acres. Each unit is priced at INR 2.45 crore and offers a size of 1,906 sq ft. The company's expansion comes amid steady housing demand in Gurugram and improving sales trends in the Delhi-NCR market, where residential sales have seen a notable rise in the recent quarter.Read more

02 Apr 2026

Fibra Park Life, a Mexico-based real estate investment trust focused on rental housing, has raised around USD 14.8 million through its initial public offering on the Mexican stock exchange. The issue was priced at 220 Mexican pesos per certificate, within the indicated range. The trust's initial portfolio includes four residential properties across Mexico City and Queretaro, with a total of 287 units. The funds will be used for working capital and future acquisitions. The listing marks a step forward in expanding institutional participation in Mexico's residential rental market.Read more

02 Apr 2026

The Punjab government has approved the Mukh Mantri Mawan Dheeyan Satkar Yojna, a welfare scheme providing INR 1,000 per month to eligible women and INR 1,500 to women from Scheduled Castes. It covers over 97% of women in the state. Women aged 18 and above with Aadhaar and voter ID can receive the benefits through direct transfer. The state has allocated INR 9,300 crore for the scheme. Cabinet decisions also include reforms for converting mortgaged industrial plots to freehold and amendments to improve infrastructure management in industrial areas.Read more

Delhi News Desk

02 Apr 2026

Fair Exports (India) Pvt Ltd, part of Lulu Group International, has purchased a premium bungalow in Delhi's Sunder Nagar for INR 89.5 crore. The deal involved a stamp duty payment of INR 6.26 crore and reflects steady demand for ultra-luxury homes in Lutyens Delhi. The seller was based overseas, which slightly delayed documentation. The locality has seen several high-value deals in recent years, including transactions above INR 100 crore. Demand from high-net-worth individuals continues, supported by both investment potential and end-use requirements.Read more

02 Apr 2026

KNR Constructions Ltd has secured a highway development contract worth INR 1,734 crore from the National Highways Authority of India (NHAI) for a key stretch in Telangana under the Hybrid Annuity Model (HAM). The project involves four-laning of an approximately 80 km section of National Highway 167 between Gudebellur and Mahabubnagar, forming part of the Hyderabad-Panaji corridor. The contract includes a construction period of 730 days followed by a 15-year operation and maintenance phase. The award strengthens the company's order book and reflects continued government investment in highway expansion under corridor-based infrastructure programmes aimed at improving connectivity and freight movement across regions.Read more

02 Apr 2026

The Lok Sabha has cleared key amendments to the Insolvency and Bankruptcy Code (IBC) to address delays and improve recovery outcomes. The changes introduce a creditor-led, out-of-court resolution process with defined timelines, along with stricter accountability and transparency norms. The move aims to reduce the burden on tribunals, strengthen decision-making by lenders, and ensure better value for stakeholders. These reforms build on the past experience of the IBC framework, which has helped resolve stressed assets but has also faced delays due to litigation and procedural challenges.Read more

02 Apr 2026

Lai Sun Development has proposed extending the maturity of its USD 493 million bond due in July by three years, while offering to repay 20% upfront. The move reflects continued financial pressure among Hong Kong developers despite some recovery in the residential market. The company has been engaging with bondholders and plans to seek formal approval in June. Weak office and retail segments, rising borrowings, and recent losses have added to the strain, prompting the developer to explore liability management options to stabilise its financial position.Read more

02 Apr 2026

The Maharashtra government has announced a policy to regularise residential encroachments on government land that existed before January 1, 2011. Homes up to 500 square feet will be regularised free of cost, while larger structures will attract a fee based on market value. The policy excludes Mumbai and its suburbs, environmentally sensitive areas, and non residential uses. Applicants must provide proof of long term residence, and local authorities will process applications. The move aims to provide legal rights, stability, and security of tenure to families living in such encroachments for years.Read more

02 Apr 2026

Prisma Properties AB has exited the Norwegian market after divesting two properties in a transaction aligned with their book value. The move reflects the company's strategic decision to streamline its portfolio and focus on core markets. While the company has not disclosed buyer details, the exit signals a shift in geographic priorities. Prisma has previously been active in retail-focused real estate across the Nordic region, and this step is seen as part of its broader capital allocation strategy aimed at improving operational focus and long-term returns.Read more

Noida News Desk

02 Apr 2026

A series of new expressway links and interchanges are being planned to strengthen connectivity to the Noida International Airport at Jewar, integrating it with major national corridors across the NCR and western Uttar Pradesh. Key proposals include an interchange connecting the Eastern Peripheral Expressway (EPE) with the Delhi-Mumbai Expressway, dedicated link roads from the Yamuna Expressway, and additional corridors linking Faridabad and the Ganga Expressway. These projects aim to reduce travel time, improve regional accessibility, and distribute traffic across multiple routes. The infrastructure push is aligned with the airport's operational rollout and is expected to support passenger movement, logistics, and real estate development across the Yamuna Expressway influence zone.Read more

Mumbai News Desk

02 Apr 2026

The Brihanmumbai Municipal Corporation has proposed setting up a special land acquisition cell to address delays in the Gargai dam project in Palghar. The move follows concerns over pending land acquisition and a cost increase of around 9 per cent. A temporary team of 10 revenue officials is planned to handle the remaining work in phases. While a major portion of the required land has been acquired, key parcels are still pending due to fragmentation. The project is expected to add around 440-450 MLD to Mumbai's water supply once completed.Read more

Ludhiana News Desk

02 Apr 2026

The Ludhiana Municipal Corporation is grappling with a significant gap in property tax recovery, with nearly one lakh property owners yet to clear dues even as the financial year draws to a close. The civic body has set a collection target of around INR 160 crore, with internal expectations rising to INR 180 crore, but collections have reached only about INR 147 crore so far. Officials have extended working hours and intensified field-level efforts to bridge the gap. The administration has also warned of penalties and interest for non-payment, while acknowledging that previous settlement schemes and administrative constraints have impacted recovery. The situation highlights the continuing dependence of urban local bodies on property tax compliance to sustain municipal finances.Read more

02 Apr 2026

Chandigarh is planning a significant expansion of its electric vehicle (EV) charging infrastructure, with authorities identifying 15 new locations for charging stations to meet rising demand. The proposal, prepared by the Chandigarh Renewable Energy Science and Technology (CREST) agency in the past week, comes amid sustained growth in EV adoption, with registrations exceeding 3,000 annually for the past three years. Notably, electric car registrations crossed 1,500 units in 2025, overtaking two-wheeler EVs for the first time. The expansion, subject to municipal approval, would increase the city's charging network from 36 to 51 stations. The initiative follows a public-private model where land is provided by the civic body and private firms handle installation and operations.Read more

Kolkata News Desk

02 Apr 2026

The New Town Kolkata Development Authority has taken stricter action against unauthorised commercial activities operating from residential buildings in New Town. Multiple property owners have received stop-operation notices for running guest houses, hotels, and similar establishments without approvals. The authority has warned of further action, including closure, if violations continue. This move follows earlier efforts to regulate misuse of residential spaces, address safety concerns, and ensure adherence to planned development norms, as such violations have been increasing steadily across the township.Read more

Mumbai News Desk

02 Apr 2026

Jupiter Wagons Ltd is preparing to bid for a major suburban rail rolling stock tender floated by the Mumbai Rail Vikas Corporation (MRVC), valued at over INR 20,000 crore, marking its entry into passenger coach manufacturing. The tender involves procurement of around 2,800 coaches for upgrading Mumbai's suburban rail network. To support its bid, the company plans to invest approximately INR 1,000 crore in a greenfield passenger coach manufacturing facility over the next year. The move aligns with India's broader push towards expanding mass transit and high-speed rail infrastructure. The company is also exploring partnerships with global players as it diversifies beyond freight wagons into passenger and metro segments.Read more

02 Apr 2026

The Comptroller and Auditor General (CAG) has raised concerns over the Telangana government's allotment of 48 acres in Hyderabad Pharma City to Amazon Data Services India Pvt Ltd for a data centre. The audit noted that the move deviates from the project's pharma-focused objective and could impact employment targets. It also highlighted issues such as fragmented land acquisition, delays in execution, and weak monitoring systems. The state government stated that the allotment was as per an existing framework and would not affect the overall goals of the project.Read more

02 Apr 2026

The Haryana Real Estate Regulatory Authority (HRERA) has ordered Sunrays Heights Private Limited to hand over flats in its 63 Golf Drive affordable housing project in Sector 63, Gurugram, along with interest of about 10.8%-11% per annum for delays extending up to five years. The directive follows multiple complaints from allottees who had paid significant amounts but did not receive possession within the committed timeline. The project, spread across approximately 5.9 acres, had a possession deadline in 2021, but neither occupation certification nor handover was completed. The authority rejected the developer's justifications, including pandemic-related disruptions, and reaffirmed that buyers who remain invested in delayed projects are entitled to monthly interest compensation under the Real Estate (Regulation and Development) Act, 2016.Read more

Mumbai News Desk

02 Apr 2026

The Bombay High Court has directed Indian Railways to implement clear safety announcements on all long-distance trains, warning passengers about stops and non-stops along the route. The move comes after a passenger was injured while attempting to alight from a moving train, with the court awarding INR 80,000 compensation. The bench emphasized that unlike suburban trains, most long-distance services lack clear information for travellers, which increases the risk of accidents. It recommended adopting a system similar to Vande Bharat Express trains to improve safety awareness and reduce boarding-related mishaps.Read more

Lucknow News Desk

01 Apr 2026

The Lucknow Development Authority (LDA) has introduced a one-time settlement (OTS) scheme aimed at enabling defaulters to clear outstanding dues linked to residential, commercial, and institutional properties. The initiative, aligned with a broader state-level policy, allows waiver of penal charges while requiring payment of principal and simple interest. The scheme is expected to benefit thousands of allottees and help recover significant pending revenue. It will remain open for a limited period, with structured payment options and incentives for early settlement. The move is intended to regularise delayed accounts, improve cash flows for the authority, and address long-pending allotment cases across multiple housing and development schemes in Lucknow.Read more

01 Apr 2026

The US Department of Justice has stepped up its review of Paramount Skydance's proposed USD 110 billion acquisition of Warner Bros Discovery by issuing subpoenas to gather detailed information. The probe is focusing on potential impacts on content production, streaming competition, film distribution, and employment. Regulators in Europe, Canada, and California are also examining the deal. Concerns have emerged around reduced competition, possible job losses, and fewer film releases. Paramount, however, continues to push for a timely closure while anticipating scrutiny across multiple jurisdictions.Read more