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

Chennai civic body expands composting capacity to improve waste processing

29 Apr 2026

The Greater Chennai Corporation has announced new composting projects to improve solid waste management and reduce pressure on landfill sites. The plan includes a large windrow composting facility at Perungudi and smaller decentralised units in Manali. With the city generating over 6,000 tonnes of waste daily, the focus is on processing biodegradable waste closer to the source, lowering transport costs and cutting emissions. The initiative builds on ongoing biomining work and segregation efforts, though execution and enforcement remain key challenges.Read more

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Consumer court rules against parking fees in malls, calls practice unfair trade

29 Apr 2026

A district consumer court in Raipur has ruled that shopping malls cannot charge visitors for parking, terming the practice an unfair trade under consumer protection laws. The order, issued recently, directed a mall to stop levying parking fees and awarded compensation to the complainant. The ruling was based on the principle that parking is a mandatory component of commercial building approvals and forms part of the services offered to customers. The decision, supported by earlier judicial precedents, may influence similar disputes across cities, particularly as mall operators increasingly monetise ancillary services amid rising operating costs.Read more

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Sebi penalises eight entities INR 1.5 crore for front-running PMS trades, orders disgorgement

29 Apr 2026

Securities and Exchange Board of India has imposed penalties totalling INR 1.5 crore on eight entities for front-running trades linked to a portfolio management services client using non-public information. The regulator has also ordered disgorgement of unlawful gains amounting to INR 1.29 crore, along with interest, to be credited to the Investor Protection and Education Fund. The action follows findings of coordinated trading based on advance knowledge of large institutional orders. Several individuals and entities have been barred from accessing the securities market, while certain individuals have also been restricted from holding managerial positions in listed companies and registered intermediaries.Read more

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Kanpur authority reduces prices of 5,600 unsold flats to revive demand

29 Apr 2026

The Kanpur Development Authority (KDA) has reduced prices of 5,600 unsold flats across 10 housing schemes to address long-pending inventory and improve sales. Prices have been brought down to 2018 levels, with a cut ranging from 4.6% to 23.19%, and units now priced between INR 8.86 lakh and INR 28.50 lakh. Buyers can take possession by paying 20% for EWS units and 25% for others. The authority expects to generate around INR 1,400 crore and has also approved a higher budget along with key infrastructure and planning decisions.Read more

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Pirojsha Godrej calls for mangrove protection in Mumbai amid development debate

29 Apr 2026

Pirojsha Godrej has emphasised the need to protect mangroves in Mumbai, stating that the Godrej Group will not develop the mangrove land under its control in Vikhroli. His remarks come amid ongoing debates over infrastructure expansion, including proposed mangrove clearing in Versova. He highlighted the scale of the group’s mangrove holdings and underscored the importance of balancing environmental conservation with urban development. The comments also touched on planning challenges, including floor space index policies, public transport, and the need for structured urban growth. The stance reflects broader tensions between ecological preservation and infrastructure expansion in the city.Read more

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Mumbai court denies medical bail to accused in INR 56 crore real estate fraud case

Mumbai News Desk

29 Apr 2026

A Mumbai court has rejected a medical bail plea filed by an accused in a real estate fraud case involving approximately INR 56 crore, citing the absence of any immediate life-threatening condition. The case pertains to alleged irregularities in a redevelopment project where multiple buyers were reportedly duped through sale of the same flats and non-delivery of promised units. The accused had sought temporary relief on health grounds, requesting treatment at a private hospital. However, the court held that adequate medical facilities were available within the public healthcare system, and custodial detention remained necessary given the gravity of the allegations and the ongoing investigation.Read more

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Punjab to provide INR 50 lakh home repair aid to 144 weaker section families in Ludhiana

Ludhiana News Desk

29 Apr 2026

The Punjab government has approved financial assistance of approximately INR 50 lakh to support housing repairs for 144 economically weaker section families in Ludhiana. The aid, routed through the municipal corporation under the Rangla Punjab initiative, will be disbursed to residents in Ward 72, primarily in the Jawahar Nagar camp area. Each beneficiary will receive INR 35,000 to undertake essential repairs, including fixing damaged roofs and structural deficiencies. The move follows field assessments by civic officials and forms part of a broader urban development allocation aimed at improving living conditions in low-income settlements while strengthening basic housing infrastructure in the city.Read more

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Uttar Pradesh expands Mukhyamantri Awas Yojana to cover all Scheduled Tribe households

29 Apr 2026

The Uttar Pradesh government has expanded the scope of the Mukhyamantri Awas Yojana (Gramin) to include all remaining Scheduled Tribe (ST) communities, aiming to achieve universal housing coverage among tribal households in the state. The decision brings previously excluded groups such as Bhotia, Jaunsari and Raji within the scheme’s ambit. The move builds on earlier phased inclusions of multiple tribal communities since the scheme’s launch in 2018. Authorities have directed officials to identify eligible beneficiaries and expedite implementation, with the objective of providing permanent housing to marginalised rural populations and improving living standards in remote and underserved regions.Read more

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Goa RERA orders Aansav Realty to hand over flat, imposes INR 15 lakh penalty for delay

29 Apr 2026

The Goa Real Estate Regulatory Authority (RERA) has directed Aansav Realty & Infrastructure to hand over possession of a flat in Varca and imposed a penalty of INR 15 lakh for delayed delivery and unlawful cancellation of allotment. The order relates to a 2015 booking valued at approximately INR 53 lakh, where the buyer had already paid a substantial portion of the consideration. RERA has instructed the developer to execute the sale deed and complete possession within a stipulated timeline. The ruling reinforces regulatory scrutiny on project delays and cancellation practices, underscoring the authority’s role in protecting homebuyer interests and ensuring adherence to contractual commitments in the residential sector.Read more

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Bengaluru enables instant online access to e-khata records for property owners

Bangalore News Desk

29 Apr 2026

Bengaluru’s civic authorities have introduced an online system enabling property owners to instantly access and download e-khata documents using their SAS property tax identification. The initiative, rolled out through the e-Aasthi platform, covers nearly 13 lakh properties and aims to streamline property documentation by reducing reliance on physical processes. The e-khata, a critical document for property tax payments, ownership verification, and transactions, can now be generated within minutes through OTP-based authentication. While the move is expected to improve transparency and reduce intermediary dependence, authorities have clarified that the digitally issued records remain provisional until further compliance steps are completed.Read more

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