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

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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Adani Ports gets lenders’ nod to acquire Karanja Terminal under insolvency process

28 Apr 2026

Adani Ports and Special Economic Zone Ltd (APSEZ) has reportedly secured approval from the lenders’ panel to acquire bankrupt Karanja Terminal & Logistics, marking another strategic move in its port asset expansion strategy. The resolution plan was cleared with 100% voting by the committee of creditors after rejecting a competing one-time settlement proposal. The asset, which has outstanding dues of over INR 625 crore, is undergoing insolvency proceedings. The acquisition, once finalised, will strengthen Adani Ports’ presence in western India and add to its portfolio of port infrastructure assets. The move aligns with the company’s broader strategy of acquiring stressed logistics and port assets through insolvency-led opportunities.Read more

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Gorakhpur converts Rapti river dump into eco park over 40 acres, CM to inaugurate

28 Apr 2026

A long-standing garbage dump near the Rapti river in Gorakhpur has been redeveloped into an eco park and urban forest, with the project scheduled for inauguration shortly. The initiative involved scientific disposal of over 2.26 lakh metric tonnes of legacy waste, freeing nearly 40 acres of land for redevelopment. Executed at a total cost of around INR 41.5 crore, the project also includes a four-lane road and supporting infrastructure. The redevelopment is part of a broader push towards urban environmental restoration, addressing pollution concerns while creating public green space. The site, previously associated with methane emissions and fire hazards, has now been converted into a structured recreational and ecological zone.Read more

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BMC’s INR 14 crore Mithi river garden tender returned after site found missing

Mumbai News Desk

27 Apr 2026

The Brihanmumbai Municipal Corporation’s INR 14 crore proposal to maintain a garden and promenade along the Mithi river has been sent back by the standing committee after members found that the site was either non-existent or encroached. Concerns were raised over lack of verification, violation of buffer norms, and possible irregularities in the tender process. The committee has sought detailed clarification before reconsideration, while separately approving an INR 30 crore desilting project for the river as part of flood preparedness efforts.Read more

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