25 Jun 2026

Reserve Bank of India (RBI) Governor Sanjay Malhotra has inaugurated the new campus of the Centre for Advanced Financial Research and Learning (CAFRAL) in Mumbai. During the event, the Governor highlighted the importance of continuous learning, professional capacity building and research in addressing the evolving needs of the financial sector. CAFRAL, an institution promoted by the RBI, focuses on research in banking, finance and macroeconomics while also providing leadership development and training programmes for senior financial sector professionals. The institution aims to function as a global centre of excellence supporting policy formulation, knowledge creation and capability enhancement across India’s financial ecosystem.Read more

Mumbai News Desk

25 Jun 2026

More than a month after Western Railway’s demolition drive at Garib Nagar in Bandra East, around 100 families eligible for rehabilitation are still awaiting details of their resettlement. The clearance operation removed nearly 500 unauthorised structures from railway land near Bandra station, while eligible households were protected under court directions. Despite a Bombay High Court order recognising their rehabilitation rights, residents say no timeline or relocation plan has been communicated. The issue has gained urgency as monsoon conditions worsen across Mumbai.Read more

Mumbai News Desk

25 Jun 2026

The Brihanmumbai Municipal Corporation (BMC) has removed illegal commercial structures and footpath encroachments in Andheri West as part of its ongoing anti-encroachment campaign. The K West Ward demolished nine unauthorised shops, including structures on Veera Desai Road and Fun Republic Road, and removed additional sheds and staircases occupying public footpaths. Supported by local police and multiple civic departments, the drive aimed to restore pedestrian access and reclaim public spaces. The action forms part of wider enforcement efforts being undertaken across Mumbai.Read more

25 Jun 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) conducted a training programme on climate change and sustainable urban development for officials, consultants and project stakeholders involved in the development of Amaravati. Organised by the Environmental and Social Management Unit (ESMU) in collaboration with the Project Grievance Management Cell (PgMC) Capacity Building Team, the session focused on climate-resilient infrastructure, environmental sustainability and long-term development planning. Experts highlighted global climate challenges, Andhra Pradesh's sustainability initiatives and the state's commitment to achieving Net Zero emissions by 2070 while promoting environmentally responsible growth in Amaravati.Read more

25 Jun 2026

The Union Ministry of Environment, Forest and Climate Change has reconstituted Chandigarh’s State Environment Impact Assessment Authority (SEIAA) and State Expert Appraisal Committee (SEAC), appointing new members to oversee environmental clearances for major real estate, infrastructure and civic projects. Retired IFS officer Suresh Kumar Vashishth will head the SEIAA, while former Punjab Pollution Control Board chairman Ravindra Singh will lead the SEAC. The revamped panels are expected to strengthen project appraisal and facilitate timely environmental clearances in the Union Territory.Read more

25 Jun 2026

The National Highways Authority of India (NHAI) has signed a memorandum of understanding with the National Council of Applied Economic Research (NCAER) to establish India’s first permanent and independent research centre dedicated to the economics of transportation, mobility and logistics. The centre will undertake applied economic research to support policy formulation, infrastructure planning and investment decisions in the road transport sector. Areas of focus will include national highway economics, freight logistics, tolling policies, asset monetisation, road safety and technology adoption. The initiative will be guided by an advisory committee comprising economists, transport specialists, policy experts and academicians, with funding support from NHAI and additional contributions expected from partner institutions.Read more

Indore News Desk

25 Jun 2026

• Indore Municipal Corporation is set to begin the tendering process for 8,100 housing units under PMAY 2.0.
• The project aims to expand affordable housing availability and support families affected by urban infrastructure works.
• The initiative is expected to strengthen the city's housing stock amid rapid urban growth.
• Authorities view affordable housing as a key pillar of Indore's long-term development strategy.Read more

25 Jun 2026

The National Highways Authority of India (NHAI) has directed operators of wayside amenities (WSAs) along national highways and expressways to prioritise the establishment of vehicle repair shops and puncture repair facilities. The move is intended to improve commuter convenience and ensure quicker access to mechanical assistance during vehicle breakdowns and emergencies. NHAI said growing traffic volumes across the highway network have increased the need for such services. The facilities will be developed within existing WSA projects being implemented by National Highways Logistics Management Limited (NHLML) under the public-private partnership model. The initiative forms part of broader efforts to strengthen roadside infrastructure and enhance service delivery for highway users and commercial vehicle operators.Read more

25 Jun 2026

The Telangana High Court has ruled that registered sale deeds cannot be cancelled unilaterally and set aside 17 cancellation deeds executed by the Greater Hyderabad Municipal Corporation (GHMC). The court held that once ownership rights are transferred through a registered conveyance, they can only be revoked through due legal process and not by one party acting alone. It observed that disputes over title or alleged irregularities must be resolved through competent courts, reaffirming the legal sanctity of registered property transactions.Read more

25 Jun 2026

The Bhubaneswar Development Authority (BDA) has directed the Kalinga Nagar Allottees’ Association to conduct fresh elections for its executive committee after identifying procedural violations in the recently held election process. The decision follows complaints raised by members and a review conducted by the authority. BDA found that the election was not carried out in accordance with the prescribed guidelines governing allottee associations. The move is aimed at ensuring transparency, fair representation, and proper governance within one of Bhubaneswar’s prominent residential allottee communities.Read more