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%

Infrastructure News

Delhi Cracks Down on Illegal Constructions After Deadly Hauz Rani Fire

10 Jun 2026

• Delhi authorities have launched a large-scale enforcement drive against unauthorised constructions and misuse of properties following the fatal Hauz Rani bed-and-breakfast fire that claimed 21 lives.
• Since June 1, demolition action has been taken against 82 properties, while 43 buildings have been sealed across various municipal zones in the capital.
• The crackdown is targeting violations of sanctioned building plans, illegal commercial use of premises and other regulatory breaches.
• Officials have indicated that inspections and enforcement measures will continue as part of efforts to strengthen urban safety and compliance.
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Delhi launches INR 138 crore sewer project for Karawal Nagar

10 Jun 2026

The Delhi government has commenced a major sewer infrastructure project worth INR 138 crore in North East Delhi's Karawal Nagar constituency, aiming to address long-standing sanitation and civic infrastructure deficiencies. Announced by Chief Minister Rekha Gupta alongside Union Minister of State and Delhi BJP president Harsh Malhotra, the project will expand sewer connectivity across localities including Sonia Vihar, Milan Garden, Chauhan Patti and Sabhapur Extension. The initiative forms part of a broader package of development works exceeding INR 300 crore approved for the constituency over the past year. Besides strengthening sewer infrastructure, the government has outlined plans for water supply improvements, road upgrades and healthcare facilities as part of a wider push to improve urban services in the area.Read more

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Power policy to drive Andhra Pradesh’s data centre infrastructure expansion

10 Jun 2026

• Andhra Pradesh has introduced a policy allowing large data centres with a minimum 300 MW connected load to operate as deemed distribution licensees and procure power directly.
• The move is aimed at supporting the state's AI and data centre ambitions, particularly in Visakhapatnam, where up to 5 GW of capacity is planned, including Google's proposed 1 GW campus.
• The policy mandates 51% renewable energy sourcing while protecting the interests of existing power distribution companies.
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Polluted stormwater drains raise environmental concerns across Visakhapatnam

Visakhapatnam News Desk

10 Jun 2026

• Several stormwater drains in Visakhapatnam are reportedly carrying untreated sewage and waste instead of rainwater, raising environmental concerns.
• Experts and civic groups warn that the pollution is affecting local water bodies, coastal ecosystems and public health.
• Encroachments, inadequate sewage infrastructure and poor maintenance have been cited as key reasons for the deteriorating condition of the drains.
• The issue has renewed calls for comprehensive drainage reforms and stronger wastewater management measures in the city.
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Karnataka records rise in women’s ownership of houses and land, NFHS-6 data shows

09 Jun 2026

• NFHS-6 (2023–24) data indicates a rise in the proportion of women in Karnataka who own a house and/or land, either independently or jointly with others.
• The survey points to growing participation of women in property ownership compared with previous survey rounds conducted in the state.
• Karnataka's ownership figures remain higher than several national indicators relating to women's asset ownership and financial inclusion.
• The findings highlight changing patterns of household asset ownership and greater representation of women in property holdings across urban and rural areas.
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Vidyavihar, Sion and Mahalaxmi bridge projects face fresh setbacks ahead of monsoon

Mumbai News Desk

09 Jun 2026

• The Vidyavihar Railway Overbridge, Sion East-West Connector and Mahalaxmi East-West Connector have missed revised completion deadlines, delaying expected traffic relief across Mumbai.
• Rehabilitation work, railway modifications and land acquisition issues have pushed the Vidyavihar bridge beyond its June 2026 target.
• The Sion connector awaits steel girder launching by Central Railway, with completion now targeted for mid-August, subject to weather conditions.
• The Mahalaxmi connector has also been delayed and is now expected to be completed by the end of 2026.
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BMC clears nearly 2,000 illegal structures in six months, easing path for major infrastructure projects

Mumbai News Desk

09 Jun 2026

• BMC removed nearly 2,000 illegal structures across Mumbai in the past six months as part of an intensified anti-encroachment campaign.
• Several demolition drives were carried out in areas affecting major infrastructure works, including the Goregaon-Mulund Link Road and land parcels earmarked for public projects.
• Civic authorities reclaimed significant stretches of public land and initiated measures to prevent fresh encroachments after demolition.
• Officials said the drive is aimed at reducing project delays, improving urban planning and facilitating long-pending transport and civic infrastructure developments.
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Land handover emerges as key focus for INR 1 lakh crore railway projects in West Bengal

09 Jun 2026

Railway projects worth nearly INR 1 lakh crore are under various stages of implementation across West Bengal, covering new rail lines, track doubling, electrification, station redevelopment and freight infrastructure. Officials have emphasised the importance of timely land handover to maintain project schedules and avoid execution delays. The investments form part of the Centre's broader railway modernisation programme aimed at improving passenger and freight connectivity, boosting logistics efficiency and supporting economic development across the state.Read more

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Newly opened Mrinal Tai Gore flyover draws flak over road quality

09 Jun 2026

• Mumbai’s newly opened Mrinal Tai Gore flyover has come under scrutiny after commuters reported uneven road surfaces and patchwork repairs within hours of its inauguration.
• The INR 248 crore BMC project is designed to improve connectivity between Goregaon East and Goregaon West and ease traffic congestion.
• Opposition leaders and residents have questioned construction quality, while civic officials have maintained that the issues relate to minor rectification work and do not affect the flyover’s structural safety.
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Hyderabad’s growth must balance development with sustainability, says Prosperiti Homes MD

09 Jun 2026

As Hyderabad continues to witness rapid urban expansion through new residential projects, commercial districts and lifestyle destinations, sustainability must become a central consideration in the city’s development trajectory, according to Jaya Pavan Gummadi, Managing Director of Prosperiti Homes. Marking World Environment Day, Gummadi highlighted the need for climate-conscious urban planning that addresses heat management, water conservation, waste handling, green spaces and overall liveability. He also emphasised the role of community engagement in advancing environmental awareness through Positive Planet, a sustainability-focused podcast and content platform. The initiative seeks to bring local experts and practitioners into conversations around responsible consumption, recycling, composting and circular economy practices, while encouraging residents and businesses to adopt environmentally conscious habits in their daily lives.Read more

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