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

Ahmedabad News Desk

08 Jul 2026

The Ahmedabad Municipal Corporation (AMC) has safely demolished five additional spans of the old Subhash Bridge as part of its bridge reconstruction project. The controlled demolition marks another milestone in replacing the ageing structure with a wider and more modern bridge. Authorities implemented traffic diversions and safety measures during the operation to minimise public inconvenience. The project is expected to improve connectivity across the Sabarmati River and enhance traffic capacity between eastern and western parts of Ahmedabad.Read more

08 Jul 2026

• A consumer commission has issued non-bailable warrants (NBWs) against the Managing Director and a director of Deluris Buildtech India in execution proceedings related to compensation awarded to homebuyers.
• The action stems from alleged non-compliance with compensation orders passed in cases involving delayed possession of apartments in the Zara Rossa project in Gurugram.
• The commission directed that the warrants be executed through the Delhi Police, with the accused required to appear before the commission on the next scheduled hearing.
• Deluris Buildtech has maintained that possession of the project has already been handed over, while stating that review petitions and appeals against the compensation orders are pending before the appropriate forums.Read more

08 Jul 2026

A Mumbai sessions court has denied bail to Rajendra Lodha, former director of Lodha Developers, in connection with an alleged INR 181 crore corporate land fraud case. The court held that the material collected during the investigation indicated his prima facie involvement in the alleged conspiracy and observed that economic offences undermine public confidence in commercial and financial institutions. The court also noted that the investigation remains incomplete, with an auditor's report still awaited, and expressed concerns that the accused could influence witnesses if released. The case relates to alleged irregularities in land transactions and misuse of fiduciary responsibilities while serving as a director of the company.Read more

08 Jul 2026

The Brihanmumbai Municipal Corporation (BMC) has directed developers, contractors and other construction stakeholders to suspend hazardous construction activities and implement enhanced safety measures across project sites following a red alert for extremely heavy rainfall and strong winds in Mumbai. The advisory mandates inspections of scaffolding, cranes, material hoists and other temporary structures, while requiring the suspension of lifting operations and work at height where weather conditions pose a safety risk. The civic body has also instructed construction agencies to secure loose materials, conduct site-wide safety inspections and ensure workers use appropriate protective equipment until weather conditions improve. Compliance with the advisory has been made mandatory.Read more

08 Jul 2026

The Odisha government has signed a memorandum of understanding (MoU) with UAE-based International Holding Company (IHC) and the Adani Group to establish an integrated greenfield aluminium project involving an investment of INR 1.10 lakh crore. Described by the state government as the largest foreign direct investment (FDI) proposal in Odisha's history and the biggest in India's metallurgy sector, the project will comprise an alumina refinery, aluminium smelter, captive power plant, downstream manufacturing park and supporting infrastructure. The development is expected to generate around 53,500 direct and indirect jobs, strengthen the state's aluminium value chain, and support manufacturing across multiple industries. The project will be implemented in two phases, subject to statutory approvals.Read more

Ludhiana News Desk

08 Jul 2026

Four illegally constructed commercial buildings were demolished by the Ludhiana Municipal Corporation (MC) as part of an enforcement drive against unauthorised constructions violating building bylaws. The action targeted three buildings in Model Town Extension and one in Model Town Gol Market, where construction had proceeded without mandatory approvals. Civic officials said the demolition was carried out following routine inspections and reiterated that similar action would continue against violators. The drive forms part of the corporation's broader effort to strengthen compliance with urban planning regulations and curb unauthorised commercial development in the city.Read more

08 Jul 2026

Odisha Real Estate Regulatory Authority (ORERA) has directed all registered real estate agents to strengthen their anti-money laundering (AML) and counter-terrorism financing (CTF) compliance by verifying clients against the latest United Nations Security Council (UNSC) sanctions list. The directive follows communications from the Director General of Audit, Indirect Taxes & Customs, and requires agents to comply with obligations under the Prevention of Money Laundering Act (PMLA) and related rules. The move reinforces due diligence requirements, strengthens regulatory oversight and aligns Odisha's real estate sector with global financial compliance standards.Read more

08 Jul 2026

The Haryana government is strengthening its digital land administration framework through the rollout of the upgraded Paperless Registration 2.0 and Auto-Mutation system. Chief Minister Nayab Singh Saini has directed officials to simplify property registration, land transaction and mutation services by making them transparent, secure and time-bound. The upgraded platform introduces Aadhaar-based e-KYC, biometric authentication, digital signatures and QR code-enabled document verification, while integrating online approvals from government departments. The state has also set deadlines for clearing pending mutation and Khata Kasht cases, alongside exploring online property registration for non-resident Haryana residents through video-based verification to improve accessibility and service delivery.Read more

08 Jul 2026

The Central government is preparing a comprehensive strategy to attract global pension funds and sovereign wealth funds (SWFs) to finance India's expanding infrastructure pipeline and net-zero transition. The initiative targets long-term investors from countries including Australia, Japan, Canada, the UAE, Saudi Arabia and Norway, while leveraging platforms such as the National Investment and Infrastructure Fund (NIIF). The move aims to bridge India's projected USD 6.5 trillion climate financing gap by encouraging greater participation in highways, railways, ports, airports and renewable energy projects through stable policy support and investment-friendly financing structures.Read more