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

PILs against IT parks raise concerns over job creation in Andhra Pradesh

19 Dec 2025

Andhra Pradesh IT Minister Nara Lokesh has expressed concern over a series of PILs filed against major IT park projects in Visakhapatnam, warning that they could impact over one lakh potential jobs. The projects involve companies such as TCS, Cognizant, Sattva Group, and Raheja Corp. While Lokesh alleged opposition interference, the YSR Congress Party denied involvement. The latest PIL challenges land allotment to Raheja Corp. The government maintains that its LIFT Policy 4.0 aims to attract investments and create new technology-driven employment hubs.Read more

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Dense fog disrupts Delhi airport operations as dozens of flights are cancelled

19 Dec 2025

Dense fog caused major disruption at Delhi's Indira Gandhi International Airport, leading to the cancellation of 79 flights, including international services. Over 230 flights were delayed, with departures facing an average delay of nearly 49 minutes, according to flight tracking data. The airport operator said operations were continuing under CAT III conditions, allowing landings and take-offs despite low visibility. Ground staff were deployed across terminals to assist passengers. The incident highlights recurring winter challenges for flight operations in north India, even with advanced navigation systems in place.Read more

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BMC serves pollution compliance notice to Metro Line 2B contractor

19 Dec 2025

Mumbai's civic body has issued a show-cause notice to the contractor handling the ready-mix concrete operations at the Metro Line 2B project site in Bandra East for repeatedly failing to follow air pollution mitigation norms laid out in earlier guidelines. Earlier inspections had shown non-compliance despite prior directives to fix the issues. The contractor has been given a short deadline to respond, with the possibility of work being stopped if compliance is not demonstrated. The action reflects broader concerns over construction-related pollution across major infrastructure projects in the city, where enforcement has recently intensified.Read more

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Delhi clears land for Rithala–Narela Metro: What it means for commuters

19 Dec 2025

Delhi's Lieutenant Governor recently approved the transfer of Delhi Jal Board land to the Delhi Metro Rail Corporation, enabling construction of a key viaduct for the Rithala-Narela-Kundli Metro corridor under Phase IV. Fifty square metres of land at Rithala's sewage treatment plant will be permanently leased for 99 years, while 1,286 square metres will be provided temporarily for four years. DMRC will pay INR 75.50 lakh for both allotments. The corridor, featuring 21 elevated stations, aims to improve connectivity between Delhi and Haryana, ease congestion, and support Narela's development as a residential and educational hub.Read more

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GDA can now convert agricultural land to residential for township projects

19 Dec 2025

The Uttar Pradesh government has authorised the Ghaziabad Development Authority (GDA) to directly change agricultural land to residential use for township developments under the Chief Minister's Urban Expansion New City Promotion Scheme. This power, which was previously held only by the state government, is expected to reduce delays in large projects such as the Harnandipuram township, where most land is agricultural and significant state funds are allocated. The policy change aligns with efforts to streamline land use approvals and support faster implementation of housing and urban expansion plans in Ghaziabad.Read more

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Bright Star Hotels issued show-cause notice over alleged violations at Gurugram property

18 Dec 2025

Bright Star Hotels Pvt Ltd has been served a show-cause notice by the district town planner (enforcement) in Gurugram over alleged violations of building and land-use regulations at its hotel-cum-commercial complex in Sikanderpur Ghosi. The company has been asked to explain the deviations and submit relevant approvals, failing which coercive action, including demolition or sealing, may be initiated.Read more

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CCI clears ITC paper business acquisition and Coinbase stake buy in DCX Global

18 Dec 2025

The Competition Commission of India has approved two separate transactions involving manufacturing and digital assets. The regulator has cleared ITC Limited's acquisition of Aditya Birla Real Estate's paper and pulp manufacturing business for INR 3,498 crore, allowing ITC to expand its paperboards and specialty paper operations. In a separate order, the CCI has also approved US-based Coinbase Global Inc's acquisition of a minority stake in DCX Global Ltd., the parent entity of crypto exchange CoinDCX. Both deals were found to raise no competition concerns.Read more

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Nagpur sees INR 2,980 crore civic infrastructure rollout ahead of municipal elections

18 Dec 2025

Nagpur has received a major infrastructure push with projects worth INR 2,980 crore being inaugurated and launched across the city and nearby Vidarbha areas. The works cover roads, drainage, sewage, water supply, footpaths and civic facilities, involving agencies such as the Nagpur Municipal Corporation, Nagpur Improvement Trust, Public Works Department, MahaMetro and MahaRail. The programme took place shortly before the State Election Commission announced municipal election dates, bringing attention to the scale of ongoing urban development and the focus on improving basic city infrastructure.Read more

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Ghaziabad launches online registration for affordable housing flats

18 Dec 2025

The Ghaziabad Development Authority has launched an online registration system for its affordable housing schemes, making it easier for buyers to apply for LIG and EWS flats. The digital process allows applicants to register through the GDA website without visiting offices, improving access and transparency. Buyers can submit details, track applications and receive updates online, reducing paperwork and delays. The move supports wider digitisation efforts and helps authorities monitor allocations more efficiently. With demand for low-cost housing remaining strong, the initiative is expected to benefit first-time buyers and lower-income families by simplifying participation in affordable housing schemes across Ghaziabad.Read more

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Karnataka assembly passes 12 bills including rent law and Bengaluru governance changes

18 Dec 2025

Karnataka's assembly recently approved 12 important bills covering rent regulations, urban governance, land revenue, development authorities, welfare funds, and institutional amendments. The Karnataka Rent (Amendment) Bill aims to decriminalize minor violations and rationalize fines, reflecting the state's commitment to Minimum Government, Maximum Governance. Changes to the Greater Bengaluru Authority include all MPs and MLAs residing in the city as members, along with senior government officials. The assembly also cleared amendments affecting temples, universities, and regional development boards, strengthening administrative structures and streamlining governance across Karnataka.Read more

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