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

Nashik cracks down on 46,389 unauthorised properties; owners face penalties and regularisation push

29 Jun 2026

• A total of 46,389 unauthorised properties in Nashik are currently being taxed with penalties, according to Maharashtra Deputy Chief Minister Eknath Shinde.
• The state government has provided eligible property owners an opportunity to regularise their structures under an amnesty scheme.
• The move is aimed at bringing unauthorised developments into the formal system while improving compliance with planning regulations.
• Nashik has witnessed a rise in unauthorised constructions over the years amid rapid urban expansion and growing demand for residential and commercial spaces.
• The initiative is expected to strengthen urban planning, improve municipal records and enhance local revenue collection.
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A legal dispute has stalled HMDA’s plans to auction a prime Hakimpet land parcel

Hyderabad News Desk

29 Jun 2026

The Telangana High Court has temporarily halted the proposed e-auction of a prime land parcel in Hakimpet after petitions raised questions over ownership and title claims linked to the property. The matter came up during court proceedings, prompting the bench to defer further hearing while directing that the auction process remain on hold. The decision has put a pause on plans by the Hyderabad Metropolitan Development Authority (HMDA) to monetise the land. The case highlights the legal complexities that often accompany high-value urban land transactions and public asset disposals.Read more

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Navi Mumbai showcases textile recycling model at national summit in New Delhi

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) presented its Textile Recycling Facility (TRF) as a model for urban circular economy initiatives during a national summit on textiles held in New Delhi earlier this week. Municipal Commissioner Dr Kailas Shinde outlined how urban local bodies can support India's textile recycling ecosystem by creating reliable post-consumer textile collection systems. Developed in collaboration with the Ministry of Textiles' Textile Committee, the TRF currently engages more than 50,000 households and has trained over 300 women in textile upcycling through self-help groups. The presentation also highlighted the project's contribution to reducing textile waste sent to landfills and creating sustainable livelihood opportunities while aligning with Maharashtra's Textile Policy 2023–2028.Read more

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Uttar Pradesh’s 3-year electrical safety rule comes into focus after Lucknow fire tragedy

28 Jun 2026

• Uttar Pradesh's mandatory electrical safety inspection rule has come under renewed scrutiny following the recent fire incident in Lucknow that claimed 15 lives.
• The state requires commercial establishments, institutions and other designated buildings to undergo electrical safety inspections and renew safety clearances every three years.
• Authorities have intensified inspections across districts to check compliance with fire and electrical safety norms.
• The move is aimed at reducing fire risks caused by faulty electrical systems, one of the leading causes of building fires.
• The renewed focus highlights the importance of regular safety audits as urban development and commercial activity continue to expand across the state.
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Fire safety alarm in Nagpur: 103 coaching class buildings found unsafe during civic audit

Nagpur News Desk

28 Jun 2026

• Nagpur Municipal Corporation has identified 103 buildings housing coaching classes as unsafe during a citywide fire safety inspection drive.
• The action follows intensified scrutiny of educational institutions after recent fire-related incidents and safety concerns in the city.
• Authorities found several buildings lacking mandatory fire-fighting systems and emergency safety measures required under state regulations.
• The survey is part of a broader crackdown on fire safety violations across commercial, educational and mixed-use buildings in Nagpur.
• Civic officials have warned building owners to address deficiencies or face further action under fire safety laws.
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NMMC removes part of unauthorised construction in Airoli following statutory notice

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has undertaken demolition action against an unauthorised construction at A-270, Sector 2, Airoli, after the structure continued to be built despite a statutory notice issued under the Maharashtra Regional and Town Planning Act, 1966. The enforcement drive was carried out by the civic body's Encroachment Department under the directions of Municipal Commissioner Dr Kailas Shinde and the supervision of senior municipal officials. The action resulted in the partial removal of the unauthorised structure, with demolition teams, labourers, machinery and police personnel deployed for the operation. NMMC has stated that enforcement against unauthorised constructions within its jurisdiction will continue in the coming period.Read more

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NMMC Standing Committee approves civic infrastructure works across Vashi, Nerul, Belapur and Ghansoli

28 Jun 2026

The Standing Committee of the Navi Mumbai Municipal Corporation (NMMC) has approved a series of civic infrastructure projects covering parks, drainage systems, sewerage networks and sports infrastructure across multiple nodes of the city. The proposals, presented by Municipal Commissioner Dr Kailas Shinde and approved unanimously under the chairmanship of Standing Committee Chairman Ashok Bhauso Patil, include the redevelopment of two public parks in Vashi, sewerage upgrades in Nerul, repairs to the boundary wall at Rajiv Gandhi Sports Complex in CBD Belapur, and drainage and footpath works in Ghansoli. Collectively, the sanctioned projects are intended to improve public amenities, strengthen urban infrastructure and address long-standing civic issues affecting residents in several neighbourhoods.Read more

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Om Birla urges IIT alumni to contribute policy reforms at PanIIT book launch in New Delhi

28 Jun 2026

Lok Sabha Speaker Om Birla has called upon IIT alumni to play a greater role in shaping reforms across sectors and contribute practical solutions to challenges faced by citizens. Speaking at the launch of the book IIT: The Story of India’s Most Prestigious Educational Ecosystem and the inauguration of the PanIIT Book Club at IIT Delhi, Birla said the experience and expertise of IIT graduates should be leveraged by Parliamentary Standing Committees. The event, organised by Pan IIT Alumni India to mark 75 years of the IIT ecosystem, brought together more than 400 alumni, policymakers, entrepreneurs and industry leaders. Discussions focused on innovation, self-reliance, technology development and the role of IITs in supporting India's vision of becoming a developed nation by 2047.Read more

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NMMC to keep property tax collection centres open on weekends and public holidays until June 30

28 Jun 2026

Navi Mumbai Municipal Corporation (NMMC) has announced that its property tax collection centres will remain operational on weekends and public holidays until June 30, 2026, enabling property owners to complete payments before a 2% late payment charge comes into effect from July 1. The special arrangement covers the civic body's headquarters, all eight ward offices and their affiliated tax collection centres, which will function between 10 am and 3 pm. Alongside physical payment facilities, NMMC has also urged taxpayers to utilise its digital payment platforms, including its website, mobile application, WhatsApp chatbot, QR code-enabled payments and UPI services, to ensure timely tax compliance and avoid additional financial liability.Read more

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Fire safety violations found at Hyderabad bar and PG hostel, legal action initiated

Hyderabad News Desk

27 Jun 2026

• The Telangana Fire Services Department has initiated legal action against Sky100 Kitchen and Bar in Madhapur and Venkateshwara Coliving & PG Hostel in Kondapur over alleged fire safety violations.
• Inspections found that both establishments failed to install mandatory firefighting equipment and did not comply with prescribed fire safety norms.
• Authorities have directed the managements to immediately address the deficiencies and ensure compliance with fire safety regulations.
• The action is part of a wider enforcement drive across Hyderabad following increased scrutiny of fire safety standards in commercial and residential buildings.
• Officials said inspections and monitoring will continue as the department focuses on improving safety preparedness in high-occupancy properties.
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