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

Uttar Pradesh allocates INR 2,111 crore to civil aviation in FY27, strengthens push for Noida International Airport

12 Feb 2026

The Uttar Pradesh government has proposed an outlay of INR 2,111 crore for the civil aviation sector in its 2026-27 Budget, with a significant allocation of INR 750 crore for the development of the Noida International Airport in Jewar. The project's scope has been expanded from two to five runways, signalling long-term capacity planning. Additionally, INR 1,100 crore has been earmarked for the construction, expansion and strengthening of airstrips across the state, including land acquisition. The government aims to position Jewar as an aviation innovation and maintenance hub while enhancing regional connectivity under the Centre's scheme. The airport is nearing completion, with inauguration expected soon.Read more

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Mumbai civic body tightens recovery steps against major property tax defaulters

Mumbai News Desk

12 Feb 2026

The Brihanmumbai Municipal Corporation has stepped up recovery of long-pending property tax dues by issuing attachment notices to several high-value defaulters across Mumbai. The action targets real estate developers and commercial entities with outstanding dues running into multiple crores, including one case exceeding INR 140 crore. The notices were issued after repeated reminders and final demand notices failed to yield results. Under civic law, the BMC can seize movable assets and proceed with property auctions if dues remain unpaid.Read more

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MSRDC tightens safety regulations for hazardous cargo on Mumbai-Pune Expressway after recent tanker incident

Mumbai News Desk

12 Feb 2026

The Maharashtra State Road Development Corporation (MSRDC) has announced stricter safety regulations governing the movement of hazardous cargo on the Mumbai-Pune Expressway, aiming to reduce risks following a prolonged tanker accident that caused major disruption. Under the revised norms, consigners and consignees of highly flammable and dangerous goods will now be held directly accountable for safety compliance throughout transit. MSRDC will work closely with highway police and commodity firms to tighten checks and introduce a specialised emergency traffic management plan for hazardous consignments, as directed by the state's deputy chief minister. Officials also said a committee chaired by a senior expert will review the recent incident to recommend corrective measures and standard operating procedures. The move follows scrutiny of emergency response gaps revealed during the extensive delay caused by a tanker overturning on the expressway.Read more

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Delhi government drafts bill to establish unified transport authority to integrate urban mobility planning

Delhi News Desk

12 Feb 2026

The Delhi government has initiated the process of drafting legislation to create a unified transport authority to streamline the capital's fragmented urban mobility framework. The proposed body is intended to integrate planning and coordination across metro, bus, rail and other transport systems under a single institutional framework. The move aims to improve public transport integration, reduce congestion, and address emissions linked to transport. A dedicated urban transport fund is also under consideration to support long-term infrastructure investments. Multiple government departments and agencies are expected to be involved in drafting the bill, with a task force constituted to prepare the legislation. The initiative reflects a broader policy push to enhance mobility governance and ensure coordinated planning across agencies currently operating independently.Read more

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Andhra Pradesh government to provide housing for 177 Velampeta slum families in Visakhapatnam

Visakhapatnam News Desk

12 Feb 2026

The Andhra Pradesh government has approved a housing project to benefit 177 families residing in the Velampeta slum area of Visakhapatnam. Residents, mostly daily wage workers, have been living in the area for nearly five decades under difficult conditions, particularly during the monsoon. The government's decision follows a field visit by Municipal Administration Minister P. Narayana. Alongside the housing plan, officials discussed fast-tracking seven roads under the Visakhapatnam Metropolitan Region Development Authority (VMRDA) master plan and developing a tourism circuit to enhance urban amenities and infrastructure. This initiative reflects focused efforts to improve both living standards and city planning in the region.Read more

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BMC halts Worli transit camp construction over sewage treatment land concerns

Mumbai News Desk

12 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) stopped construction of a transit camp in Worli after discovering it was being built on land reserved for a sewage treatment plant. Officials highlighted that critical sewer lines pass through the site, and construction had begun affecting sewage flow, raising risks of flooding during monsoon. A Slum Rehabilitation Authority (SRA) executive engineer is facing a criminal complaint for allegedly granting illegal approvals. The SRA has revoked permissions, and the developers must dismantle the transit structures, underscoring the importance of safeguarding Mumbai's ageing sewer infrastructure and reserved public land.Read more

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YEIDA reclaims around 62 acres of encroached land in Mathura demolition drive

Noida News Desk

11 Feb 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has recovered about 62 acres of land in Mathura district that had been encroached upon within the Heritage City and Raya Urban Centre project zones. As part of a demolition drive organised earlier this week, unauthorized structures including hotels, roadside eateries and informal colonies were demolished in villages such as Piprauli Khadar, Aruwa Khadar and Panigaon Khadar, freeing land officials valued at nearly INR 1,000 crore for its intended development use. The operation was led by YEIDA's officer on special duty with coordinated support from local police and administrative authorities, and was carried out peacefully. This action follows earlier enforcement efforts in the region and reflects the authority's ongoing campaign against illegal habitation and construction on land earmarked for planned infrastructure projects.Read more

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Delhi court asks police to submit report on complaint against promoters of 32nd Milestone project

11 Feb 2026

A Delhi court has directed the police to file an action-taken report on a complaint seeking criminal action against the promoters of the Gurugram-based 32nd Milestone commercial project. The plea alleges cheating, fund diversion and failure to pay assured lease rentals and statutory dues. Investors claim rental payments stopped months ago and tax obligations were not met. The matter comes amid ongoing police investigations and arrests in related cases linked to the project, with the court set to review the police response at the next hearing.Read more

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NGT seeks responses from Delhi authorities over alleged illegal construction on Yamuna floodplain

11 Feb 2026

The National Green Tribunal has issued notices to the Municipal Corporation of Delhi, Delhi Development Authority, Delhi Pollution Control Committee and the concerned district magistrate over allegations of unauthorised construction on the Yamuna floodplain in Majnu ka Tila. Acting on a petition filed by a local resident, the tribunal has asked authorities to clarify whether the construction falls within the prohibited floodplain zone and identify those responsible. Officials have been directed to file affidavits before the matter is taken up for further hearing scheduled in April.Read more

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Gurugram real estate fraud case deepens as director held for selling same floor to multiple buyers

11 Feb 2026

A major commercial property fraud case in Gurugram has widened after police arrested the director of a real estate firm for allegedly selling the same building floor to more than 25 buyers. The case surfaced following a complaint by a corporate buyer that paid INR 2.5 crore for a unit but never received registered ownership. Investigators later found that the same floor was repeatedly sold and then leased back through another company. The alleged fraud is estimated at around INR 500 crore and is under investigation by the Economic Offences Wing.Read more

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