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

Punjab speeds up urban projects, reintroduces OTS scheme with 50% rebate

07 Apr 2026

The Punjab government is accelerating urban infrastructure development through policy changes, improved services, and large-scale investments. The One Time Settlement (OTS) scheme for Improvement Trusts has been reintroduced until April 30, 2026, offering around 50 per cent rebate on non-construction fees. House tax collection has increased to INR 600 crore, reflecting better compliance. Key projects include construction of over 2,100 km of roads, expansion of sewerage and water infrastructure, and modernisation of fire services. Measures such as a simplified building approval process and a single-window system aim to improve ease of doing business across urban areas.Read more

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Karnataka seeks express train between Bengaluru and Vijayapura after rail upgrade

07 Apr 2026

Karnataka's Infrastructure Development Minister M B Patil has urged the Union government to introduce a direct express train between Bengaluru and Vijayapura, citing improved rail infrastructure and long-standing regional demand. The request follows the completion of a 9.6 km double-line railway section between Alamatti and Wandal, part of the Gadag Hotgi project, which has enhanced route capacity. The proposed service is expected to reduce travel time significantly and improve connectivity for passengers travelling between north Karnataka and the state capital. The minister has written to the Railway Ministry seeking priority for the proposal, highlighting its potential to support mobility for business, education, and administrative purposes.Read more

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Adani backs Uttar Pradesh's USD 1 trillion economic roadmap after meeting CM Yogi Adityanath

07 Apr 2026

Industrialist Gautam Adani met Uttar Pradesh Chief Minister Yogi Adityanath in Lucknow and expressed strong support for the state's long-term economic vision. The roadmap aims to transform Uttar Pradesh into a USD 1 trillion economy by 2030 and expand it to USD 6 trillion by 2047. Adani highlighted the scale and intent of the plan, stating that it reflects the state's potential. The Adani Group has committed to contributing through investments across sectors such as power, infrastructure, logistics, airports, defence, industrial parks, and data centres.Read more

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Goa plans NH 4A upgrade through Mollem despite wildlife and tree loss fears

07 Apr 2026

The Goa government is moving ahead with plans to widen a 33 km stretch of National Highway 4A through Mollem to improve connectivity between Goa and Karnataka. The project, currently under regulatory review, includes preparation of a detailed report and environmental approvals. A major concern is that the expansion passes through the Bhagwan Mahaveer Wildlife Sanctuary, potentially impacting forest cover and wildlife, with around 7,000 trees expected to be affected. The proposal has faced ongoing opposition from local communities and environmental groups, even as authorities position it as a key infrastructure upgrade to ease traffic, reduce travel time and support regional economic activity.Read more

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IndiGo plans nearly 2,000 daily domestic flights to meet summer demand

06 Apr 2026

IndiGo is set to increase its domestic operations to nearly 2,000 daily flights during the summer schedule, expanding capacity as travel demand rises across India. The airline, which currently operates over 1,850 daily flights, is adding new routes and boosting frequencies after resolving earlier operational constraints. Network expansion includes new destinations like Bhavnagar and Jamnagar, along with increased connectivity from key hubs and upcoming airports such as Navi Mumbai and Noida International Airport. Alongside domestic growth, IndiGo is also expanding internationally with new routes and aircraft, while continuing to manage challenges like airspace restrictions, airport congestion and rising operational costs.Read more

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J&K revives 120 year old Mohra hydropower project to boost energy supply

06 Apr 2026

The Jammu and Kashmir administration has begun reviving the historic Mohra Hydroelectric Power Project in Baramulla to boost local power generation and reduce dependence on external supply. Originally commissioned in 1905, the project once generated up to 10.5 MW before becoming defunct after flood damage in 1992. The restoration will include infrastructure upgrades while preserving key heritage features. This initiative aligns with the region's broader plan to expand hydropower capacity to 11,000 MW by 2035. Alongside major projects, the revival of Mohra highlights efforts to utilise existing assets, improve energy reliability and support long-term infrastructure development in the Union Territory.Read more

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Ambala Delhi highway Shaheedi memorial nears completion, inauguration expected shortly

06 Apr 2026

A war memorial dedicated to the martyrs of the 1857 uprising, located along the Ambala Delhi national highway in Haryana, is nearing completion and is expected to be inaugurated soon. The Shaheedi Memorial project has entered its final execution phase, with state officials directing agencies to complete pending works to prescribed quality standards. The complex includes cultural and public infrastructure such as an auditorium, exhibition spaces, and a commercial zone with retail and food facilities. Authorities have undertaken inspections of civil, electrical, and drainage systems to ensure readiness ahead of the monsoon. The project forms part of the state's broader effort to create commemorative and tourism-linked infrastructure along key highway corridors.Read more

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Infrastructure sector central to India’s long-term growth and 2047 vision, says IIFCL at stakeholder meet

06 Apr 2026

India Infrastructure Finance Company Ltd (IIFCL) has highlighted the critical role of the infrastructure sector in sustaining long-term economic growth and achieving the Viksit Bharat 2047 vision. Addressing a stakeholder meeting attended by over 100 participants from across the infrastructure and financial ecosystem, senior officials pointed to expanding opportunities in transport, urban infrastructure, and clean energy, supported by a strong project pipeline and policy backing. The institution emphasised its focus on diversified and sustainable financing, including ESG-aligned investments and global partnerships. Discussions also centred on the need for innovative funding structures and greater capital market participation to support the next phase of infrastructure development in India.Read more

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IIFCL plans to raise up to USD 1 billion via MIGA-backed route to fund long-term infrastructure projects

06 Apr 2026

India Infrastructure Finance Company Ltd (IIFCL) is planning to mobilise up to USD 1 billion in long-term commercial debt during the ongoing quarter through a guarantee structure supported by the Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group. The proposed fundraising, currently under approval, will not carry a sovereign guarantee and is intended to reduce pressure on the public exchequer while supporting infrastructure financing. The state-owned lender is in advanced discussions with global banks for a 15-year tenure borrowing. The move follows IIFCL's recent overseas fundraising success, including a USD 500 million issue from Japan. The company continues to strengthen its balance sheet, reporting improved profitability and maintaining low non-performing assets.Read more

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BMC’s smart parking project set to transform city commuting

Mumbai News Desk

06 Apr 2026

The Brihanmumbai Municipal Corporation (BMC) is moving forward with its smart parking project, nearly six years after it was first proposed. The initiative aims to consolidate all public and private parking spaces into a single digital platform accessible via a mobile app or web portal, allowing motorists to view and reserve parking slots in advance. With over 350 on street and 26 off street parking locations, the system also plans to include residential associations spaces during daytime. The project has an initial budget of INR 3 crore and is expected to ease parking shortages and traffic congestion across Mumbai.Read more

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