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09 Jul 2026
The Central Bureau of Investigation (CBI) has filed two chargesheets in separate cases involving alleged fraud against homebuyers in Bengaluru, naming Ithaca Estate Pvt Ltd, LGCL Urban Homes (India) LLP, their directors and officials of HDFC Bank Ltd and Indiabulls Housing Finance Ltd. The chargesheets, filed before designated CBI courts in Bengaluru in the past week, allege that the accused conspired to induce homebuyers and investors through false assurances and fraudulent representations, resulting in wrongful financial gains. The agency said the cases form part of a wider Supreme Court-monitored investigation into alleged irregularities involving 34 builder companies and unidentified officials of financial institutions across the country. The CBI has so far filed 13 chargesheets in connection with these ongoing investigations.Read more
09 Jul 2026
• The Enforcement Directorate (ED) has provisionally attached assets worth about INR 112.9 crore, including a residential property in Texas, United States, in connection with an alleged INR 376 crore bank loan fraud case.
• The money laundering investigation pertains to Noida-based LEEL Electricals Limited and its promoters, who are accused of diverting bank funds through manipulated financial records and overseas entities.
• The attached assets include residential, commercial and industrial properties across multiple Indian states as well as the overseas property.
• The action has been taken under the Prevention of Money Laundering Act (PMLA) as the probe into the alleged diversion of loan proceeds continues.Read more
09 Jul 2026
• Union Housing and Urban Affairs Minister Shri Manohar Lal Khattar distributed sanction letters to 31 beneficiaries under Pradhan Mantri Awas Yojana-Urban (PMAY-U 2.0) in Karnal, reaffirming the government's commitment to providing permanent housing to eligible urban families.
• The event highlighted the Centre's ongoing push to expand affordable housing through the beneficiary-led construction component of the scheme.
• Khattar said the initiative aims to ensure that every eligible household has access to a pucca home with basic civic amenities.
• The distribution comes as PMAY-U 2.0 continues to scale up housing approvals across states to support the government's 'Housing for All' vision.Read more
09 Jul 2026
The proposed INR 1,618 crore Bhopal–Vidisha four-lane highway project has remained stalled for more than eight months, despite receiving clearance from the State Level Empowered Committee (SLEC), as it continues to await approval from the Madhya Pradesh Cabinet. The 45-km project aims to widen State Highway-18, improving connectivity between Bhopal, Vidisha and the UNESCO World Heritage Site of Sanchi, while reducing travel time and easing congestion. The prolonged delay has affected commuters, tourism and regional development, with road users continuing to rely on longer alternative routes.Read more
09 Jul 2026
• Authorities have begun enforcement against unauthorised constructions within the eco-sensitive zone (ESZ) of Sultanpur National Park, issuing the first round of notices to alleged violators after a joint field inspection.
• Joint teams from the forest, wildlife, town planning, pollution control and public health departments verified residential, commercial and farmhouse properties to assess compliance with environmental regulations.
• Officials have indicated that demolition action will initially target under-construction buildings, while legal proceedings against completed structures will continue in accordance with applicable regulations.
• The drive forms part of a broader effort to curb encroachments and protect the ecological integrity of the Ramsar-designated wetland and its surrounding buffer zone.Read more
09 Jul 2026
• A Mumbai sessions court has discharged Jolly Maker-I Premises Co-operative Housing Society and two former office-bearers in a criminal case arising from a 2012 fire at the society's Cuffe Parade high-rise.
• The court held that the prosecution did not comply with mandatory legal requirements before initiating proceedings under the Maharashtra Fire Prevention and Life Safety Measures Act, 2006.
• The case stemmed from allegations that non-functional firefighting systems delayed efforts to control the blaze.
• The ruling concludes a long-running prosecution that highlighted the importance of fire safety compliance in high-rise residential buildings.Read more
09 Jul 2026
• The Uttar Pradesh Cabinet has approved the renaming of Jalalabad town and its municipal body in Shahjahanpur district as Parshurampuri.
• The decision follows the Union government's no-objection approval granted in 2025 and formalises a proposal that had been pending for several years.
• The renaming is based on the town's religious and historical association with Lord Parshuram, whom many believe was born in the region.
• The move is the latest in a series of place-name changes undertaken by the Uttar Pradesh government to align locations with their cultural and historical identities.Read more
09 Jul 2026
• The Delhi High Court has sought the Centre's response to petitions filed by members and the staff welfare association of the Delhi Gymkhana Club challenging the eviction proceedings initiated against the institution.
• The court also asked the Union government to ensure that the hearing before the Estate Officer is deferred until after the High Court takes up the matter later this month.
• The dispute stems from the Centre's move to reclaim the club's 27.3-acre property after terminating its perpetual lease, citing public purpose and defence infrastructure requirements.
• The case now shifts to judicial scrutiny as both sides prepare to present their arguments on the legality of the eviction process.Read more
09 Jul 2026
• The Telangana government has introduced the Greater Hyderabad Municipal Corporation (Amendment) Bill, 2026, to enable the reorganisation of urban local bodies within the proposed Core Urban Region (CURE).
• The Bill seeks to provide a legal framework for establishing one or more municipal corporations within the Core Urban Region to improve integrated planning and service delivery.
• The proposed amendments align the GHMC Act with the Telangana Municipalities Act, 2019, and the Telangana Panchayat Raj Act, 2018, while replacing an ordinance that came into force in December 2025.
• The government says the reforms aim to address administrative fragmentation, improve infrastructure planning and strengthen metropolitan governance across the Hyderabad region.Read more
08 Jul 2026
• Germany's coalition government has proposed reforms to encourage investment in gas-fired power plants as part of its strategy to strengthen energy security during the transition away from coal.
• The reforms include raising the maximum permissible bid for power station tenders and easing certain operational requirements to improve project viability.
• The government plans to tender 12 GW of new gas-fired power generation capacity in 2026, with projects distributed across northern and southern Germany.
• Industry representatives have welcomed the measures, while opposition leaders have criticised the proposals over concerns about rising costs and increased dependence on gas.Read more