28 May 2026

The Brihanmumbai Municipal Corporation (BMC) is preparing a revised trenching policy amid rising road excavation works linked to utility infrastructure projects and piped natural gas expansion across Mumbai. The civic body has sought higher allocations for trench-refilling and restoration works as existing provisions have been substantially utilised. Under the proposed framework, utility agencies may be required to directly undertake road restoration after excavation activities. BMC officials stated that the policy aims to reduce repeated road digging, improve restoration quality and ensure quicker reinstatement of roads across the city.Read more

28 May 2026

• Odisha could attract fresh power sector investments worth INR 25,000-30,000 crore over the next six to 12 months after revising its concessional power allocation policy for thermal projects.
• The state plans to reduce the mandatory concessional power supply from 12-14 per cent to 5 per cent, aligning with the Centre’s framework and improving project viability for developers.
• Industry representatives said the earlier policy had pushed investors towards neighbouring states like Chhattisgarh, which attracted over INR 1.5 lakh crore in thermal power investments and added more than 16 GW capacity over the past decade.
• Companies including Jindal Power, Vedanta and Adani Group are now evaluating investment opportunities in Odisha following the proposed policy change.
• The policy revision comes amid rising electricity demand across India and concerns over power shortages, infrastructure gaps and increasing project costs in the thermal power sector.Read more

28 May 2026

• The Brihanmumbai Municipal Corporation plans to launch a citywide digital tree census and green cover dashboard using GIS mapping and digital survey systems.
• The initiative will digitally record tree species, locations, health conditions and plantation data while integrating with Mumbai’s developing 3D digital city model.
• Civic officials stated that the platform is intended to support urban forestry management, environmental monitoring and data-driven planning across Mumbai.Read more

27 May 2026

The Ministry of Ports, Shipping and Waterways has outlined a reform-focused roadmap to improve governance, digital systems and operational efficiency across India’s maritime sector. During a review meeting chaired by Union Minister Sarbananda Sonowal in the past week, officials discussed measures to strengthen grievance redressal, improve ease of doing business and accelerate pending legal and administrative matters. The ministry also decided to develop an integrated digital platform and mobile application under the Directorate General of Shipping to streamline maritime services, digital documentation and stakeholder communication. The discussions also focused on the use of artificial intelligence and data-driven systems for improving transparency and policy implementation.Read more

27 May 2026

Brihanmumbai Municipal Corporation has initiated the process to raise INR 1,000 crore through municipal bonds in FY27 to support its urban infrastructure funding requirements. The issuance forms part of the civic body’s broader strategy to use market-based borrowing for financing ongoing and planned infrastructure projects across Mumbai. Backed by its strong credit profile and AAA rating, the BMC continues to tap capital markets to diversify funding sources and meet rising capital expenditure needs in India’s financial capital.Read more

27 May 2026

• Telangana government has secured INR 13,600 crore refinancing from Indian Railway Finance Corporation (IRFC) for the Hyderabad Metro Rail project.
• The refinancing will replace high-cost debt and improve the metro project’s long-term financial stability.
• The agreement was signed between IRFC, L&T Metro Rail (Hyderabad) Ltd and Hyderabad Metro Rail Limited (HMRL).
• The move comes after the Telangana government recently took complete ownership control of the Hyderabad Metro project through HMRL.
• Hyderabad Metro’s 69.2-km Phase-I network currently serves around five lakh passengers daily across three corridors.Read more

27 May 2026

• Supreme Court directed the proposed Aravalli expert committee to consult environmentalists, scientists and stakeholders before finalising the definition of the Aravalli Hills.
• The court said the panel should remain small and manageable while allowing wider consultations during the review process.
• The matter is linked to concerns over mining activity and environmental protection across Rajasthan, Haryana, Delhi and Gujarat.
• The apex court had earlier kept its previous Aravalli definition order in abeyance after objections from environmental groups and researchers.
• Restrictions on fresh mining leases and renewals in the Aravalli region continue until further orders from the court.Read more

27 May 2026

• The Bombay High Court has directed removal of roadside stalls obstructing Mumbai Metro Line 2-B construction in K/West ward.
• The court stated that public infrastructure projects cannot be delayed due to objections from a few private occupants.
• MCGM has been permitted to demolish the structures and hand over the site to MMRDA if the stalls are not vacated within the court timeline.Read more

27 May 2026

The Reserve Bank of India (RBI) has imposed monetary penalties on City Union Bank, Mintifi Finserve, and Newa Investments for non-compliance with regulatory directions. City Union Bank was fined INR 10.10 lakh for charging loan-related fees on certain priority sector agricultural loans and for failing to report self-help group member-level data to credit information companies. Mintifi Finserve was penalised INR 3.10 lakh for delays in uploading KYC records to the central registry. Newa Investments was fined INR 2.70 lakh for governance-related violations involving changes in its board structure without prior RBI approval.Read more

27 May 2026

• Union Minister Nitin Gadkari reviewed national highway projects in Rajasthan and Himachal Pradesh this week.
• The review covered 10,064 km of highways in Rajasthan and 1,947 km in Himachal Pradesh, focusing on quality and maintenance standards.
• He directed officials to strengthen monsoon preparedness through drainage management, slope protection, and preventive maintenance measures.
• Emphasis was placed on timely execution of projects and the use of advanced construction technologies.
• The discussions highlighted the importance of highway infrastructure in improving connectivity, mobility, and economic activity.Read more