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

Thane ring metro brought under PMO monitoring to fast-track execution

29 Apr 2026

The Thane Integral Ring Metro project has been placed under direct monitoring of the Prime Minister’s Office through the PRAGATI platform to improve execution and resolve delays. A recent review involving central, state and local authorities assessed progress, with another review scheduled for April 29. The 29-km corridor, estimated at around INR 12,000–12,200 crore, aims to improve intra-city connectivity and reduce road congestion. While construction activity has started in parts, concerns related to environmental impact, alignment changes and lack of public consultation continue to be raised by residents and political groups.Read more

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Karnataka Housing Board’s Amargol colony set to get essential amenities soon

28 Apr 2026

Residents of the Karnataka Housing Board’s Amargol Phase 2 Colony in Hubballi have been assured that long-pending civic amenities are likely to be provided soon after legal and administrative movement around the colony’s transfer to the municipal corporation gained momentum. The process, which had been stalled for years due to issues between KHB and HDMC over payment and handover formalities, has now progressed following a court directive involving settlement of dues. Once the transfer is completed, basic infrastructure such as roads, drainage, water supply, and street lighting is expected to be developed by the civic body.Read more

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Mumbai Metro Line 6 achieves key engineering breakthrough with 42 metre steel span over Western Railway corridor

28 Apr 2026

The Mumbai Metropolitan Region Development Authority has progressed work on Mumbai Metro Line 6 with the completion of a key engineering task involving a 42 metre steel composite span over the active Western Railway corridor near Jogeshwari. The project corridor spans 14.5 km with 13 stations and forms part of the Pink Line, with civil work currently about 87.7% complete. The execution included construction of a critical pier between live railway tracks and precision installation of a heavy steel structure using high-capacity cranes within a limited railway block, without affecting train operations.Read more

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Rajasthan to upgrade 14 highways under World Bank-backed programme

28 Apr 2026

The Rajasthan government is set to upgrade 14 state highways under a World Bank-funded programme aimed at improving connectivity, safety and logistics efficiency across key economic corridors. The initiative forms part of the Rajasthan Highway Modernisation Project, supported by USD 225 million in financing. The programme will cover multiple highway stretches, contributing to the upgrade and maintenance of around 800 km of road network. It is expected to benefit more than 3 million people while supporting sectors such as agriculture, mining, industry and tourism. The project also focuses on climate-resilient infrastructure and institutional strengthening of the state highway authority, reflecting a shift towards performance-based road management.Read more

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Delays in road overbridge works worsen traffic congestion in Thiruvananthapuram

28 Apr 2026

Ongoing delays in road overbridge (ROB) construction across Thiruvananthapuram have intensified traffic congestion at multiple railway crossings. While one bridge has been completed, several key projects remain pending, affecting both road commuters and train operations. These overbridges are part of a broader railway infrastructure upgrade, including line doubling works, but progress has been uneven. Incomplete structures have forced continued reliance on level crossings, leading to frequent traffic halts and longer travel time. Authorities have indicated that the remaining works will be taken up in phases, though timelines are still unclear.Read more

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Navi Mumbai airport to scale up to 50,000 daily passengers by year-end

28 Apr 2026

Navi Mumbai International Airport is expected to significantly increase its operations by the end of the year, with daily passenger traffic projected to reach 50,000 and flight movements rising to around 380. The airport, which began domestic operations in the past year, is currently handling 20,000 passengers daily. Plans to start international services have been delayed due to geopolitical tensions in the Gulf region. IndiGo continues to dominate operations at the airport, contributing a major share of flights and expected to drive further growth.Read more

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Hyundai advances USD 4 billion shipyard plan in Tamil Nadu

28 Apr 2026

HD Hyundai is moving ahead with a USD 4 billion investment to set up a large shipyard in Tamil Nadu, marking a key step in India’s shipbuilding expansion plans. The project, located in Thoothukudi, will be developed through partnerships with government-backed entities and is expected to anchor a broader shipbuilding cluster. It aligns with India’s target to become a leading global shipbuilder and is likely to bring advanced technology, vendor ecosystems, and higher production capacity to the domestic maritime sector.Read more

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Maharashtra signs INR 5,200 crore pact for three pumped storage power projects

28 Apr 2026

The Maharashtra government has signed an agreement with Tatya Saheb Kore Warana Co-operative Navshakti Nirman Sanstha Ltd to develop three pumped storage hydropower projects with a total investment of around INR 5,200 crore. These projects will add 1,100 MW of capacity and generate about 1,100 jobs. The move comes as the state prepares for rising power demand, especially from data centres. Officials highlighted that pumped storage will support grid stability and renewable energy use, while also contributing to long-term energy planning and employment generation across the state.Read more

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Gurugram advances cleanup and infrastructure work after demolition drive

Gurugram News Desk

28 Apr 2026

Gurugram has continued restoration and infrastructure improvement work following demolition drives carried out to remove illegal encroachments across several residential colonies. Authorities cleared ramps, boundary extensions, guard rooms and other unauthorised constructions that had reduced road width and affected movement in internal streets. After the removal process, agencies have started restoring damaged stretches, improving access roads and strengthening basic civic infrastructure. Monitoring systems are being reinforced to prevent re-encroachment, while residents have expressed mixed reactions over enforcement and the impact of the drive on long-standing structures.Read more

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Karnataka revives 210 km Bengaluru intermediate ring road to connect 12 satellite towns

28 Apr 2026

The Karnataka government has revived the long-pending Intermediate Ring Road (IRR) project in Bengaluru, a 210 km corridor aimed at improving connectivity across the city’s peripheral growth zones. The project, originally proposed over a decade ago, will link 12 satellite towns including Devanahalli, Bidadi, Anekal and Hoskote. Now under the Bengaluru Metropolitan Region Development Authority (BMRDA), the revised plan seeks to address earlier land acquisition and legal challenges by reverting to the original alignment with modifications. A key strategy involves land pooling through developer-led relinquishment, reducing acquisition costs. The corridor will integrate with other major infrastructure projects such as the Satellite Town Ring Road and the Bengaluru Business Corridor, forming a broader mobility network to support regional expansion and decentralised urban growth.Read more

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