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

ED attaches two Gurugram apartments worth INR 73 crore in Gensol Group money-laundering probe

Gurugram News Desk

23 Jan 2026

The Enforcement Directorate (ED) has provisionally seized two ultra-luxury apartments in Gurugram valued at a combined INR 73 crore as part of an expanding money-laundering investigation linked to the Gensol Group and its associated entities. The properties, located in the high-end residential complexes DLF Camellias and DLF The Magnolias, were attached under the Prevention of Money Laundering Act (PMLA) on allegations that the group's promoters diverted public funds and grants for personal enrichment. One apartment, registered to a Gensol Group company, is valued at about INR 40.57 crore, while the other, held by an associated firm, is worth around INR 32.28 crore. Alongside the properties, the ED has also frozen over INR 14 crore in bank balances held across group-related accounts. The action follows multiple First Information Reports (FIRs) filed by law enforcement agencies, including the Economic Offences Wing of the Delhi Police and the Central Bureau of Investigation, in connection with alleged criminal conspiracies involving diverted loans and state-backed grant funds.Read more

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NGT orders action against illegal construction in Rohini green belt

22 Jan 2026

The National Green Tribunal (NGT) has directed authorities to act against unauthorised construction in the green belt of Sector 16, Rohini. Activist Varun Gulati filed a plea highlighting ongoing construction in Block D, Pocket 1, despite previous complaints to authorities. The tribunal instructed the Delhi Pollution Control Committee, DDA, and other agencies to follow the DDA Master Plan 2021 and the Environment (Protection) Act, 1986, and take preventive, punitive, and remedial action within a month. The order emphasizes strict enforcement to protect urban green belts and ecological balance in Delhi.Read more

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Telangana Land Scam: 15 arrested in INR 3.9 crore land registration scam in Jangaon and Yadadri

22 Jan 2026

Telangana police uncovered a land registration scam involving Dharani and Bhu Bharati portals, resulting in a loss of about INR 3.9 crore in government revenue. Fifteen individuals were arrested while nine others remain at large. The accused manipulated challan amounts, tampered with official receipts, and exploited technical glitches in the portals. Investigations revealed 1,080 fraudulent land registration transactions. Authorities seized cash, bank deposits, property documents, a car, laptops, desktops, and mobile phones. Multiple cases have been registered, and efforts continue to apprehend the remaining suspects.Read more

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India proposes draft National Electricity Policy 2026 to tackle power sector challenges

22 Jan 2026

The Ministry of Power has released the draft National Electricity Policy 2026, inviting stakeholder feedback within 30 days. The policy aims to reduce DISCOM losses, address non-cost-reflective tariffs, and curb high cross-subsidisation, while promoting competition, grid resilience, and consumer-centric services. It sets targets of 2,000 kWh per capita consumption by 2030 and over 4,000 kWh by 2047, aligning with India's climate commitments. Key measures include resource adequacy plans, tariff reforms, regulatory strengthening, renewable integration, and nuclear energy expansion to meet the country's growing power and sustainability goals.Read more

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Supreme Court cancels High Court order for CBI probe into Ambience Mall project in Gurugram

22 Jan 2026

The Supreme Court has overturned a Punjab and Haryana High Court order that had directed a CBI investigation into alleged illegal land use in the Ambience Mall project in Gurugram. The top court held that the order was based on unverified material and ignored key facts, including long delays by petitioners. It noted that the mall, hotel, and residential complex were built years ago with visible commercial activity. The court also stayed an environmental compensation of INR 10 crore imposed by the National Green Tribunal.Read more

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Supreme Court asks Delhi court to proceed on CBI chargesheets in builder-bank nexus case

22 Jan 2026

The Supreme Court has directed a special CBI court in Delhi to take cognisance of three chargesheets filed in cases linked to the alleged nexus between real estate developers and banks under subvention schemes. The court asked the trial court to act within two weeks and begin proceedings. The bench also issued directions to ensure closer monitoring of the investigation, which covers multiple projects across NCR and other cities. The case involves claims by over 1,200 homebuyers who faced financial liability without receiving possession of their homes.Read more

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Allahabad High Court seeks update on land compensation compliance by UP and Noida

22 Jan 2026

The Allahabad High Court has asked the Uttar Pradesh government and Noida Authority to clarify whether they have complied with a Supreme Court order on land compensation in a long-running acquisition case. The dispute involves land acquired under the 1894 law, where the Supreme Court ruled that compensation must be recalculated under the Right to Fair Compensation and Transparency in Land Acquisition Act, 2013. This law offers higher, market-linked compensation and added benefits for landowners. The High Court noted uncertainty over whether revised payments have been made and granted time to officials to respond. The matter will be reviewed again in February, highlighting ongoing delays in implementing court-backed compensation in major development projects.Read more

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Punjab RERA directs recovery of INR 25.89 lakh from GMADA over delayed plot possession

21 Jan 2026

Punjab RERA has ordered the recovery of INR 25.89 lakh from the Greater Mohali Area Development Authority (GMADA) for failing to hand over possession of a residential plot within the committed timeline. The authority has asked the Mohali deputy commissioner to recover the amount as arrears of land revenue after GMADA did not comply with earlier compensation orders. The case relates to a plot auctioned in 2016, where final allotment formalities were completed several years late, leading to prolonged delay and regulatory action.Read more

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Chandigarh administration pushes to complete property record digitisation by March

21 Jan 2026

Chandigarh's Deputy Commissioner and Estate Officer has set a firm March deadline to complete the digitisation of the city's property records. The project, which began last September, has already scanned around 16 lakh estate office papers and 17 lakh sub-registrar office records, but more work remains to meet the deadline. The digitisation process includes scanning, proofreading, verification, and quality checks. Officials are closely monitoring progress to ensure accuracy and timely completion. Once done, this digital repository will improve transparency, simplify access, and speed up property record retrieval for citizens and departments.Read more

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SUV plunges into open pit, killing techie in shocking Greater Noida accident

21 Jan 2026

A tragic accident in Sector 150, Greater Noida, claimed the life of 27-year-old software engineer Yuvraj Mehta after his SUV fell into a water-filled construction pit left unsecured at a stalled commercial mall site. The plot had remained open for nearly two years without barricades, fencing or reflectors, turning it into a serious hazard, especially during heavy fog. Despite signalling for help and sharing his location, rescue teams faced visibility challenges and could not reach him in time. Police have filed an FIR against the developers for negligence, while the Noida Authority has taken action against officials and ordered safety checks across construction sites.Read more

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