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

CAQM finds road dust and construction waste violations across Ghaziabad

29 May 2026

A recent inspection by the Commission for Air Quality Management (CAQM) found 24 cases of excessive road dust and improper construction and demolition waste handling across Ghaziabad. The inspection highlighted gaps in mechanised road sweeping, water sprinkling and waste disposal measures being carried out by civic authorities. CAQM has directed local agencies to strengthen dust mitigation efforts and improve monitoring across pollution hotspots. The development comes as Ghaziabad continues to face air quality concerns linked to road dust, construction activity and rapid urban infrastructure growth across the NCR region.Read more

cover photo

Maharashtra unveils expanded EV policy with subsidies, charging network and manufacturing push

29 May 2026

• Maharashtra has introduced a new electric vehicle policy focused on accelerating EV adoption, charging infrastructure and domestic manufacturing across the state.
• The policy includes purchase subsidies, toll and tax exemptions, EV-ready building norms and highway charging corridors.
• The state also plans to strengthen EV battery recycling, research, skill development and clean mobility infrastructure through coordinated implementation across multiple government departments.
Read more

cover photo

India plans monetisation of 28 highway assets in FY27 to raise INR 35,000 crore under infrastructure recycling push

29 May 2026

• India plans to monetise 28 national highway assets spanning over 1,800 km during FY27.
• The National Highways Authority of India aims to raise nearly INR 35,000 crore through InvIT and TOT models.
• Haryana and Uttar Pradesh account for the highest number of highway stretches identified for monetisation.
• The programme forms part of the government’s broader infrastructure asset recycling and funding strategy under NMP 2.0.
Read more

cover photo

SCLR Phase 2 reaches final stage as MMRDA pushes for faster completion

29 May 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has accelerated efforts to complete Phase 2 of the Santacruz-Chembur Link Road (SCLR), with nearly 98% of the physical work already finished. Metropolitan Commissioner Dr. Sanjay Mukherjee recently reviewed progress at the BKC-Vakola connector and directed officials and contractors to speed up the remaining work while maintaining construction quality and safety standards. Once operational, the final phase of the corridor is expected to improve east-west connectivity across Mumbai by linking major highways and commercial hubs, while also reducing travel time by nearly 35 minutes and easing congestion on key roads.Read more

cover photo

Metro Line 5 expansion to improve connectivity across Thane, Bhiwandi, Kalyan and Ulhasnagar

29 May 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has expanded Metro Line 5 into one of the largest metro corridors in the Mumbai Metropolitan Region (MMR), increasing its total length to 34.21 km after the approval of the 11.83-km Metro Line 5A extension. The project, estimated at INR 18,130 crore, will strengthen connectivity across Thane, Bhiwandi, Kalyan, Ulhasnagar and nearby growth centres. Authorities said Phase 1 of the corridor is moving towards the Commissioner of Metro Railway Safety (CMRS) inspection stage and is expected to open by the end of the year. The corridor is expected to reduce travel time, improve integration with suburban rail and highways, and support industrial and residential growth across the eastern MMR belt.Read more

cover photo

Mithi river desilting lags at 62% days before Mumbai monsoon deadline

Mumbai News Desk

29 May 2026

Brihanmumbai Municipal Corporation has completed only 62% of the Mithi river desilting work despite the approaching monsoon preparedness deadline in Mumbai. With just days remaining before the onset of heavy rainfall, concerns are rising over flooding risks in low-lying and river-connected areas across the city. Civic officials cited operational and logistical hurdles for the delay. The Mithi river remains central to Mumbai’s stormwater drainage network, making timely desilting critical for reducing waterlogging and maintaining flow capacity during the monsoon season.Read more

cover photo

PM pollution rises over 20% in Indo-Gangetic Plain, Himalayan region and North-East: study

29 May 2026

• A satellite-based study has found that particulate matter (PM) pollution rose by over 20% across the Indo-Gangetic Plain, Himalayan region and North-East India compared to the 2000–2009 period.
• The analysis covered 2000–2024 and highlights a steady increase in carbon-based pollutants over time.
• Biomass burning, including crop residue burning and household solid fuel use, is identified as the main driver of rising pollution levels.
• Pollution from the Indo-Gangetic Plain is now being transported into Himalayan regions through wind movement.
• North-East India has also recorded higher pollution linked to shifting agricultural practices and domestic biomass use.
Read more

cover photo

BMC tables final tree-cutting proposals for Versova–Dahisar Coastal Road project

Mumbai News Desk

29 May 2026

• The Brihanmumbai Municipal Corporation has submitted six final proposals involving cutting and transplantation of over 2,200 trees for the Versova–Dahisar Coastal Road project in Mumbai’s western suburbs.
• According to civic documents and multiple media reports, nearly 1,000 trees are proposed to be cut while around 1,288 trees are planned for transplantation across stretches between Goregaon, Malad and Dahisar.
• The civic body stated that compensatory plantation of more than 19,500 trees will be undertaken in Panvel due to limited plantation space available within Mumbai.
• The proposals have been placed before BMC’s Tree Authority amid opposition from residents and environmental groups over potential green cover loss and mangrove impact linked to the coastal road project.
Read more

cover photo

Mogra pumping station project in Andheri moves ahead after coastal clearance more than two decades after 2005 floods

Mumbai News Desk

29 May 2026

The Brihanmumbai Municipal Corporation’s long-delayed Mogra pumping station project in Andheri has moved closer to execution after receiving clearance from the Maharashtra Coastal Zone Management Authority. Planned near Mogra nullah in Andheri East, the project forms part of Mumbai’s flood mitigation infrastructure aimed at reducing waterlogging in low-lying areas during heavy rainfall. The proposal, conceived after the July 2005 floods, had faced delays linked to land acquisition and environmental approvals. Civic officials expect the facility to strengthen stormwater drainage capacity in the western suburbs.Read more

cover photo

L&T GeoStructure wins INR 1,000–2,500 crore contracts for Odisha steel plant, Ganga waterways and Mumbai marina project

29 May 2026

• L&T GeoStructure secured multiple infrastructure contracts worth INR 1,000 crore to INR 2,500 crore across steel, waterways and marine sectors in India.
• The company received its largest piling contract from JSW Utkal Steel for the upcoming 10 MTPA steel plant at Paradeep in Odisha.
• L&T also won Inland Waterways Authority of India contracts for ship repair and maintenance facilities at Patna and Varanasi on National Waterway-1.
• Mumbai Port Authority awarded the company a contract to develop India’s first yacht marina at Mumbai Harbour.
• The projects support India’s growing focus on industrial infrastructure, inland water transport and coastal development.
Read more

cover photo