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

NMMC launches large-scale tree plantation drive with target of one lakh saplings

13 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) marked World Environment Day by undertaking a plantation drive at Parsik Hill, where more than 200 native tree saplings were planted in collaboration with Heartfulness Institute and Adani Realty. Municipal Commissioner Dr Kailas Shinde highlighted the importance of tree plantation and conservation amid rising temperatures and growing environmental concerns. The civic body also carried out plantation activities across all eight administrative divisions of Navi Mumbai, planting over 2,000 trees. As part of a broader environmental initiative, NMMC has set a target of planting one lakh trees over the next year, with a focus on native species, biodiversity conservation and sustainable maintenance through the use of treated wastewater.Read more

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Navi Mumbai civic body launches plastic bottle crusher, plans citywide sustainability initiatives

13 Jun 2026

The Navi Mumbai Municipal Corporation (NMMC) marked World Environment Day by inaugurating a plastic bottle crusher machine at its headquarters and unveiling a series of environmental initiatives aimed at promoting waste segregation and plastic reduction. Municipal Commissioner Dr Kailas Shinde urged civic officials and employees to act as ambassadors for cleanliness and environmental protection, encouraging the use of cloth bags and source-level waste segregation. The bottle crusher machine, installed through a CSR partnership involving Atos, Rotary Club and Biocrux, rewards citizens for recycling plastic bottles. NMMC also announced plans to install 12 such machines across hospitals and markets, while introducing school-based tree nurseries and a seed bank programme to strengthen environmental awareness among younger generations.Read more

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Ranchi cracks down on illegal buildings near water bodies, demolishes encroachments in major civic drive

12 Jun 2026

• Ranchi Municipal Corporation (RMC) has intensified its crackdown on illegal constructions near water bodies, drainage channels and government land across the city.
• Five unauthorized structures in Bandhgari were demolished after officials found they had been built over drainage networks and public land.
• The civic body has also taken action near Kanke Dam, removing 13 illegal piggeries during a recent enforcement drive.
• The move is part of a wider effort to protect water bodies, improve drainage infrastructure and reduce flooding risks during the monsoon.
• Authorities have indicated that surveys, inspections and anti-encroachment drives will continue across Ranchi in the coming months.
Read more

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Centre clears INR 1,359 crore NH-62 expansion in Rajasthan

12 Jun 2026

The Centre has approved an INR 1,359.33 crore project to widen the Nagaur–Bikaner section of National Highway-62 in Rajasthan to four lanes, providing a major boost to road infrastructure in the state's western region. The project will be implemented under the Build-Operate-Transfer (BOT) toll model and is aimed at improving connectivity between Nagaur and Bikaner while enhancing the movement of passengers and freight. The highway upgrade is expected to strengthen regional transport networks, reduce bottlenecks on a key corridor, and support industrial, tourism and economic activity across western Rajasthan. The approval forms part of ongoing efforts to modernise the state's highway infrastructure and improve connectivity across strategic economic centres.Read more

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BMC cracks down on restaurants encroaching mandatory open spaces in Mumbai

Mumbai News Desk

12 Jun 2026

BMC has launched a city-wide enforcement drive against restaurants and hotels that have illegally occupied mandatory open spaces and emergency access areas across Mumbai. The action follows heightened scrutiny of fire safety compliance and evacuation preparedness at commercial establishments. Civic officials have begun demolishing unauthorised extensions, sheds and service-area encroachments while conducting inspections of permissions, exits and access routes. The drive is expected to continue across multiple wards as authorities seek to ensure compliance with building regulations and prevent safety risks arising from blocked open spaces and unauthorised constructions.Read more

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ED Search Operations Intensify at Jalandhar Businessman’s Premises Amid Multi-Agency Financial Probe

12 Jun 2026

• The Enforcement Directorate has carried out search operations at the premises of Jalandhar-based businessman Amit Bajaj in connection with an ongoing money laundering and related financial irregularities probe.
• The raids, reported across multiple locations in Punjab and Uttar Pradesh, are part of an investigation examining financial records, business dealings and property transactions linked to the case.
• The action has triggered political reactions in Punjab, with allegations of selective targeting being raised while agencies maintain the searches are part of routine enforcement under economic offences laws.
Read more

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NGT Directs Uttar Pradesh to Investigate Alleged Unauthorised Groundwater Extraction by Noida Developers

Noida News Desk

12 Jun 2026

The National Green Tribunal (NGT) has directed the Uttar Pradesh Ground Water Department to investigate allegations of illegal groundwater extraction by real estate developers in Noida and Greater Noida. The case originates from a petition raising concerns over large-scale dewatering and borewell usage at multiple construction sites. The tribunal has asked authorities to verify facts on the ground, identify violations, and take appropriate action, including penalties where necessary. It also stressed procedural fairness, noting that all alleged violators must be properly heard during the inquiry process.Read more

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ED alleges diversion of homebuyers’ funds, attaches assets worth INR 100 crore in Jaypee case

12 Jun 2026

• The Enforcement Directorate (ED) has provisionally attached assets worth around INR 100 crore in connection with its investigation involving Jaypee Infratech and Jaiprakash Associates.
• The agency alleges that funds collected from homebuyers were diverted and laundered through related transactions.
• The action forms part of an ongoing money laundering probe based on allegations of financial irregularities and fund diversion.
• The case is significant for thousands of homebuyers awaiting resolution of long-delayed housing projects.
Read more

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Lawyer faces police action over use of Maharashtra minister's official residence in property notice

12 Jun 2026

• A lawyer has been booked after allegedly mentioning the official residence of Maharashtra minister Shri Chhagan Bhujbal in a public notice linked to a private property redevelopment matter.
• The complaint was filed by the minister's office, which claimed the government bungalow's address was used without authorization.
• The notice pertained to a stalled cluster redevelopment project in Mumbai's Girgaon area.
• Police have registered a non-cognisable case and initiated an inquiry into the alleged misuse of the official address.
Read more

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ED widens GST fraud probe with fresh raids linked to Punjab minister Sanjeev Arora

12 Jun 2026

The Enforcement Directorate (ED) has conducted a fresh round of searches across Punjab and Uttar Pradesh as part of its money laundering investigation into an alleged INR 100 crore GST fraud linked to mobile phone trading. The probe involves Punjab minister Sanjeev Arora, who was arrested last month and is currently in judicial custody. Search operations covered multiple residential and business premises associated with individuals and entities under investigation, including Hampton Sky Realty Ltd., a company linked to Arora. The latest action marks an expansion of the agency’s inquiry into alleged fraudulent GST transactions and the suspected laundering of proceeds generated through the scheme. The case has also had political implications in Punjab, with Arora’s ministerial portfolios being reassigned following his arrest.Read more

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