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%

Law & Policy

Delhi court invalidates ED summons served on Amit Katyal’s son in Gurugram realty fraud case

3 hours ago

A Delhi court has ruled that the Enforcement Directorate (ED) cannot treat summons served at the Delhi residence of real estate businessman Amit Katyal as valid service on his son, Krishan Katyal, who is a foreign national residing overseas. In its order issued earlier this week, the court held that the agency must follow the prescribed legal procedure for serving notices on individuals living abroad. The case forms part of the ED’s money laundering investigation into alleged homebuyer fraud linked to the Krrish Florence Estate project in Gurugram’s Sector 70. The ruling clarifies that Krishan Katyal is neither an accused in the predicate offence nor in the money laundering case currently under investigation.Read more

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BEST bus crashes into 14 vehicles in Mumbai's Andheri, several injured

Mumbai News Desk

4 hours ago

• A Brihanmumbai Electric Supply and Transport (BEST) bus rammed into 14 vehicles on S.V. Road near the Andheri subway on Friday afternoon, leaving six to eight people injured.
• The accident occurred at around 4.15 pm when the bus, operating on Route 242 between Millat Nagar and Andheri Bus Station (West), was taking a right turn from Caesar Road.
• The injured were rushed to nearby hospitals, while police and civic authorities launched an investigation into the cause of the accident.
• The incident is the second major accident involving a wet lease BEST bus, where the vehicle is operated and maintained by a private contractor while running under the BEST network.
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Worker dies after fall from Wadala SRA tower; police probe construction site safety

Mumbai News Desk

7 hours ago

A 34-year-old construction worker died after falling from the 22nd floor of an under-construction Slum Rehabilitation Authority (SRA) residential tower in Wadala, Mumbai. The incident occurred while terrace work was underway on a building where possession had already been handed over to several occupants. RAK Marg police have registered an Accidental Death Report (ADR) and launched an investigation into the circumstances surrounding the fatal fall, including whether prescribed workplace safety measures and construction protocols were followed.Read more

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Centre prepares to roll out toll-annuity model to revive highway PPP investments

8 hours ago

• The Centre is preparing to invite bids for select national highway projects under a new toll-cum-annuity model aimed at reviving private participation in road development.
• The proposed framework combines features of the traditional Build-Operate-Transfer (BOT) and Hybrid Annuity Model (HAM), while providing upfront government support for financially challenging projects.
• Officials believe the revised concession structure will improve project bankability, optimise risk allocation and attract long-term infrastructure investors.
• The model is expected to form part of a revised Model Concession Agreement (MCA) currently being finalised by the Ministry of Road Transport and Highways.
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Citizens' group seeks halt to NAKSHA land verification in Goa's Cuncolim

11 hours ago

• A citizens' group in Cuncolim, Goa, has urged the state government to temporarily suspend the NAKSHA land verification survey, citing concerns over its implementation and possible impact on ancestral land ownership.
• Residents fear that inaccuracies in the verification process could push long-held family properties into legal disputes, particularly where ownership records are incomplete or inheritance claims remain unresolved.
• The group has demanded greater transparency, public consultation and legal safeguards before the survey proceeds, arguing that landowners require clarity on the verification methodology and grievance redressal mechanisms.
• State authorities have maintained that the NAKSHA initiative aims to modernise land records and improve property documentation, but local opposition has highlighted the need to address public concerns before the exercise is expanded.
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Maharashtra launches statewide audit of church and missionary land transfers

12 hours ago

• The Maharashtra government has ordered a three-month statewide inquiry into land owned by churches and Christian missionary institutions to examine transfers carried out after Independence.
• A high-level committee will review ownership records, historical grants and subsequent transactions, with particular attention to allegations of irregular land transfers.
• The probe also seeks to resolve the long-pending Nashik Diocesan Trust land dispute affecting thousands of families.
• Officials say the exercise is intended to establish factual ownership through official records before deciding on any legal or administrative action.
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Centre notifies amendments to NCR Planning Board Rules to streamline member nominations

14 hours ago

• The Ministry of Housing and Urban Affairs has notified the National Capital Region Planning Board (Amendment) Rules, 2025, introducing changes to the process of nominating representatives to the NCR Planning Board.
• The amendments revise the rules governing the nomination of representatives from participating states and local authorities, while also updating procedures related to the appointment of substitute members.
• The revised provisions seek to improve administrative efficiency and ensure continuity in the functioning of the Board by clearly defining nomination and representation procedures.
• The amended rules have come into force from the date of their publication in the Gazette of India.
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High regularisation costs slow property legalisation in Delhi's unauthorised colonies

15 hours ago

The Municipal Corporation of Delhi's (MCD) property regularisation drive for unauthorised colonies has attracted only five applications in more than two months, despite over 40,000 beneficiaries under the Pradhan Mantri Unauthorised Colonies in Delhi Awas Adhikar Yojana (PM-UDAY) being eligible to apply. Officials attribute the poor response primarily to the high cost of regularisation, with charges for a 100 sq m plot ranging between INR 3 lakh and INR 5.4 lakh, and the absence of a statutory deadline for completing the process. The MCD has initiated discussions with the Delhi government and the Delhi Development Authority (DDA) to explore reducing the charges. The civic body has also undertaken awareness campaigns and empanelled architects to assist applicants with documentation and building plan approvals.Read more

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Assam targets completion of two lakh PMAY-G houses within 100 days

16 hours ago

The Assam government has set a target of completing two lakh houses under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) within the next 100 days, according to Panchayat and Rural Development Minister Atul Bora. Responding to a query in the State Assembly in the past week, the minister said that 22 lakh houses have been constructed across the state under the rural housing scheme since 2016. He also assured that allegations relating to irregularities in the geo-tagging of houses would be examined by the department. The government further said that a survey covering 34,99,144 houses was conducted during 2025–26 and that the preparation of the final list of eligible beneficiaries is underway in accordance with PMAY-G guidelines.Read more

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Supreme Court orders PNB to vacate Connaught Circus property by January 2027 in four-decade rent dispute

17 hours ago

The Supreme Court has ruled that the merger of a tenant bank with another bank does not protect the successor bank from eviction under the Delhi Rent Control Act if the landlord's written consent was not obtained. The verdict ends a legal dispute that began in 1987 over a commercial property in Delhi's Connaught Circus. The court directed Punjab National Bank to vacate the premises by January 31, 2027, holding that the RBI-backed merger of Hindustan Commercial Bank with PNB did not override the provisions of the Delhi Rent Control Act.Read more

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