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%

Infrastructure News

Private airports seek end to temporary airline fee relief, cite impact on infrastructure investment

02 Jul 2026

Private airport operators have urged the Centre to withdraw the temporary 25 per cent reduction in landing and parking charges for domestic airlines, arguing that the relief has outlived its purpose and is affecting airport finances. They said prolonged concessions could constrain debt servicing and delay infrastructure expansion projects. The operators maintained that easing fuel cost pressures and improving operating conditions no longer justify the temporary measure introduced during the West Asia crisis.Read more

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NHAI secures arbitration victory in NH-48 project, averts claims of INR 174 crore

02 Jul 2026

• The National Highways Authority of India (NHAI) has successfully defended an arbitration case related to the six-laning of the Kamrej-Chalthan section of NH-48 in Gujarat, significantly reducing the contractor's claim.
• Against claims worth approximately INR 174.49 crore, the Arbitral Tribunal awarded only INR 54 lakh, resulting in substantial savings of public funds.
• NHAI relied on digital project records, drone imagery and technical documentation to establish that adequate land was available and that the contractor had failed to execute key components of the project.
• The outcome highlights the growing role of technology-driven project monitoring, robust contract management and evidence-based dispute resolution in infrastructure development.
Read more

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Arthur Road Jail redevelopment faces delays as Mankhurd transit facility nears capacity

Mumbai News Desk

02 Jul 2026

The redevelopment of Mumbai's Arthur Road Jail has been delayed as the Mankhurd transit prison, built to house inmates during construction, is nearing full capacity. The Maharashtra government requires additional transit accommodation before shifting prisoners and beginning redevelopment of the ageing central Mumbai jail. The project forms part of the state's broader prison modernisation programme aimed at addressing overcrowding, improving inmate facilities and unlocking prime government-owned land for planned redevelopment.Read more

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Force Motors signs MoU with Ministry of Road Transport & Highways for Delhi-NCR vehicle replacement scheme

02 Jul 2026

Force Motors has signed a memorandum of understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH) to participate in the Centre's commercial vehicle replacement scheme for Delhi-NCR. Under the initiative, the company will offer OEM benefits through its authorised dealerships to eligible customers replacing older commercial vehicles. The scheme, approved by the Union Cabinet earlier this month with an outlay of INR 9,585 crore, aims to replace around 2.07 lakh BS-IV and older trucks and buses with BS-VI-compliant or electric vehicles to reduce emissions and modernise the region's commercial vehicle fleet.Read more

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Andhra Pradesh has approved a INR 98.6 crore rail over bridge to ease congestion at Gunadala

02 Jul 2026

The Andhra Pradesh government has approved the construction of a INR 98.68 crore rail over bridge (ROB) at the busy Gunadala railway crossing in Vijayawada to improve traffic flow and enhance commuter safety. The project, to be executed jointly by the state government and Indian Railways, is expected to eliminate long waits at the level crossing and provide seamless connectivity between key parts of the city. Once completed, the ROB is expected to strengthen urban mobility, reduce travel time and support the region's growing transportation needs.Read more

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Chandigarh is set to roll out smart parking across 89 sites after municipal approval

02 Jul 2026

• The Chandigarh Municipal Corporation is preparing to introduce a smart parking system across 89 parking sites, with the proposal awaiting formal approval from the civic House before implementation.
• The project proposes revised parking charges, digital payment options and technology-enabled parking management to improve operational efficiency, optimise space utilisation and reduce congestion at busy public locations.
• Once approved, the Municipal Corporation will invite fresh tenders for operating the parking lots under the revised framework, aiming to modernise urban parking infrastructure, improve commuter convenience and enhance revenue collection through a transparent and technology-driven system.
Read more

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Serentica Renewables plans INR 1 lakh crore investment in Rajasthan's clean energy sector

01 Jul 2026

Serentica Renewables has announced plans to invest INR 1 lakh crore in Rajasthan over the coming years to strengthen its renewable energy footprint in the state. The company has already deployed more than INR 10,000 crore and is expanding its portfolio across key solar hubs, including Bikaner, Jaisalmer and the upcoming Bhadla project. Rajasthan currently contributes more than half of Serentica's total solar portfolio, supporting the company's broader plan to develop a 27,000 MW renewable energy pipeline focused on supplying reliable clean power to energy-intensive industries.Read more

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Andhra Pradesh's Bhogapuram International Airport slated for July inauguration

01 Jul 2026

Bhogapuram International Airport in Andhra Pradesh is likely to be inaugurated by Prime Minister Narendra Modi in the third week of July, with commercial operations expected to begin shortly thereafter. Developed by GMR Group under a public-private partnership model, the greenfield airport has an initial annual capacity of six million passengers. The project will replace civilian operations at Visakhapatnam Airport and strengthen aviation, logistics and regional connectivity across north coastal Andhra Pradesh.Read more

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West Bengal Introduces Detailed Project Audit Form to Tighten Oversight of New Building Construction

01 Jul 2026

The West Bengal government has introduced a detailed three-page Standard Operating Procedure (SOP) application format aimed at strengthening oversight of construction projects before work begins. The revised form requires builders and developers to furnish comprehensive information on ownership, project consultants, engineers, contractors, material suppliers and site conditions before obtaining permission to proceed. The move is intended to improve accountability, enhance construction quality and create a more transparent audit trail by documenting the responsibilities of every key stakeholder involved in a project.Read more

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Nitin Gadkari reviews highway maintenance across Jharkhand and Uttarakhand

01 Jul 2026

Union Minister for Road Transport and Highways Nitin Gadkari has reviewed the quality and maintenance of National Highways covering 3,245 km in Jharkhand and 4,026 km in Uttarakhand. The review meetings were conducted following feedback received through media reports and social media platforms. During the discussions, the minister directed officials to expedite maintenance works, strengthen quality monitoring and improve road conditions while ensuring adherence to construction standards. He also instructed agencies to enhance preparedness for the monsoon through drainage management, slope protection, preventive maintenance and rapid response mechanisms to improve commuter safety and the long-term resilience of the national highway network.Read more

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