Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Asset class : Infrastructure

Bihar CM inspects Patna Metro project, urges timely completion

Bihar Chief Minister Shri Nitish Kumar conducted an on-site inspection of the Patna Metro Rail Project, emphasizing the need for quality construction and timely completion. He reviewed key facilities, including the Bairiya terminal and Zero Mile station, both nearing completion. The Bairiya terminal is set to serve as a maintenance and operational hub, while the Zero Mile station will offer modern passenger amenities. The CM directed officials to expedite the work and ensure efficient project execution.Read more

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Navi Mumbai launches weekly plastic, e-waste collection drive

Navi Mumbai Municipal Corporation (NMMC), in collaboration with Project Mumbai, launched a large-scale plastic collection and recycling initiative during Independence Day celebrations. The drive, held under the theme 'Every Home - Plastic Free', received strong participation from schools, housing societies, and offices. A total of 141 kg of plastic was collected from 14 centers, which will be recycled into usable public items. The initiative also introduced a weekly plastic and e-waste collection program, aiming to build long-term habits of responsible disposal and reduce landfill waste in the city.Read more

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Growth of core infrastructure sectors slows to 2% in July

India's eight core infrastructure sectors witnessed a sharp slowdown in growth, expanding only 2% in July 2025, compared to 6.3% in the same month a year ago. The latest government data showed that production was weighed down by declines in key segments such as coal, crude oil, natural gas, and refinery products. In June 2025, the sectors had reported a 2.2% growth rate. For the April-July period of the current fiscal year, the combined growth stood at 1.6%, a significant fall from 6.3% recorded during the same time last year.Read more

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MMRDA takes new safety steps after monorail incident

The Mumbai Metropolitan Region Development Authority (MMRDA) and Maha Mumbai Metro (MMMOCL) have announced a series of measures following a recent monorail incident to strengthen passenger safety. Short-term steps focus on regulating passenger load, adding security staff and technicians onboard, marking emergency windows, improving safety signage, and conducting full inspections across the fleet. For the long term, MMRDA has already procured ten new monorail rakes, with seven under trial and certification before joining regular service. No passenger injuries were reported in the incident, and evacuation was carried out smoothly with help from emergency services.Read more

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Karnataka High Court orders statewide GIS land mapping initiative

The Karnataka High Court has ordered the state government to create a unified Geographic Information System (GIS) platform to digitally map all land parcels and forest boundaries. The new system will use high-resolution satellite imagery from organizations like the Forest Survey of India (FSI) and the Indian Space Research Organisation (ISRO). This platform is intended to streamline land applications, prevent the registration of parcels involved in disputes, and help resolve conflicts between government departments.Read more

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Jaipur Development Authority goes digital with new lease platform

In a major push for transparency and efficiency, the Jaipur Development Authority (JDA) has launched a fully digital and paperless system for the issuance of leases and lease deeds. The new online platform allows citizens to complete the entire process from home, utilizing Aadhaar-based e-KYC and digital signatures. This initiative is aimed at streamlining services and eliminating the need for in-person visits to the JDA office, making the authority's services more accessible to the public.Read more

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Karnataka Assembly passes bill to regularize building violations

The Karnataka Assembly has passed a new bill to regularize certain building violations by raising the permissible threshold for deviations from 5% to 15%. This legislation empowers municipal commissioners to penalize and regularize unauthorized constructions, and it also decentralizes the process for smaller plots by granting authority to professional architects and engineers. The bill, which is intended to provide relief to thousands of property owners, particularly those from middle- and lower-income groups, also simplifies the process for obtaining utility connections for small plots.Read more

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Cube Highways secures INR 820 crore through bond issue to refinance debt

Cube Highways Trust, managed by Cube Highways Fund Advisors Pvt. Ltd., has completed a bond issue worth INR 820 crore through privately placed non-convertible debentures. The issue was split into two tenors, with bonds maturing in about three and a half years at a coupon of 6.93% and in ten years at 7.3015%. With this, fixed-rate borrowings now account for over 33% of the trust's obligations. The proceeds will mainly go towards repayment of existing borrowings. Backed by a strong investor base, the issue has received AAA/Stable ratings from leading credit rating agencies.Read more

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AI can boost DPR quality in highways, mining, farming: Shri Nitin Gadkari

Union Minister Shri Nitin Gadkari has stressed that Artificial Intelligence should be applied in preparing detailed project reports (DPRs) for highways, mining and agriculture, pointing to repeated concerns about the poor quality of reports submitted by consultancy firms. He said AI could bring precision and efficiency in surveys, investigations and designs, which form the backbone of DPRs. Gadkari also underlined that AI could be used to analyse road accident data and identify black spots, helping make roads safer. While acknowledging the benefits, he also cautioned against the potential misuse of such technology.Read more

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Telangana HC seeks quick resolution of FTL, buffer zone land disputes

The Telangana High Court has called for an immediate and coordinated resolution of long-standing disputes related to full tank levels (FTL), buffer zones, and canal lands. Criticizing bureaucratic delays and conflicting land classifications, the court stressed the impact on Hyderabad's urban environment, including worsening parking problems due to unauthorized additional flats. Interim relief in a related case was denied, and the court has scheduled further hearings. Historical lapses, unclear notifications, and regulatory inconsistencies highlight the urgency of clear, unified action by state authorities.Read more

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Karnataka passes bill to split BBMP into 5 corporations under GBA

The Karnataka Assembly has passed the Greater Bengaluru Governance (Amendment) Bill, 2025, a landmark piece of legislation aimed at decentralizing the city's civic administration. The bill will replace the existing Bruhat Bengaluru Mahanagara Palike (BBMP) with five smaller municipal corporations to improve urban governance and make it more participatory. Additionally, a new Greater Bengaluru Authority (GBA) has been established to oversee and coordinate development and integrated planning across the entire metropolitan region, which is set to expand from 700 sq km to nearly 1,000 sq km.Read more

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Prime Minister Shri Narendra Modi to inaugurate six-lane Ganga bridge in Bihar

Prime Minister Shri Narendra Modi is scheduled to inaugurate the Aunta Simaria highway project on NH-31 in Bihar tomorrow. The 8.15 km project includes a 1.86 km six-lane extradosed bridge over the Ganga, built at a cost of INR 1,870 crore. The new link directly connects Mokama in Patna district with Begusarai, significantly reducing detours for heavy vehicles that previously had to travel over 100 km due to restrictions on the older Rajendra Setu. Officials expect the project to strengthen regional trade, improve freight movement, support agriculture, and enhance access to religious and cultural landmarks.Read more

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Rajasthan HC seeks full plan for Jaipur Walled City infrastructure

The High Court recently directed the Rajasthan government to present a full development plan for Jaipur's Walled City, moving beyond isolated enforcement to a wider focus on structural issues like waterlogging, parking shortages, and heavy traffic. The court has asked for a detailed progress report and scheduled the next hearing soon. This follows earlier interventions, such as sealing of illegal buildings and mandating hearings for owners, highlighting persistent challenges to the city's heritage, infrastructure, and its UNESCO-listed identity.Read more

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Crompton Greaves secures INR 49 crore solar pump contract in Maharashtra

Crompton Greaves Consumer Electricals Ltd. has won a significant contract worth INR 49 crore to supply 1,884 off-grid solar water pumping systems to farmers in Maharashtra. The project, awarded by the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), falls under the PM-KUSUM B scheme, a central government initiative aimed at providing clean, reliable irrigation solutions to the agricultural sector. The agreement covers the entire process, from manufacturing and installation to a five-year warranty and a remote monitoring system, positioning Crompton to help meet India's growing demand for sustainable agricultural technology and reinforce its market leadership.Read more

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Prime Minister to inaugurate new Ganga Bridge, easing traffic in Bihar

Prime Minister Shri Narendra Modi will inaugurate a new highway project on Friday, featuring a 1.865-kilometer bridge over the Ganga river connecting Aunta (Mokama) and Simaria (Begusarai) in Bihar. The new structure, which was built parallel to the old and damaged Rajendra Setu, will provide crucial connectivity between north and south Bihar. The project is expected to significantly reduce travel time and save heavy vehicles from a detour of up to 100 km. The bridge is a key component of the government's ongoing efforts to enhance road and riverine infrastructure in the state, boosting both economic activity and regional connectivity.Read more

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Cabinet approves new airport project in Kota-Bundi, Rajasthan

The Union Cabinet cleared a proposal for the development of a new greenfield airport at Kota-Bundi in Rajasthan at an estimated investment of INR 1,507 crore. The project, to be executed by the Airports Authority of India (AAI) using internal accruals, is planned for completion within two years. With a passenger handling capacity of two million annually, the airport is expected to enhance regional connectivity, support Kota's industrial and educational prominence, and contribute significantly to the local economy.Read more

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MPIDC develops revenue model for IT Park 4 office spaces in Indore

The Madhya Pradesh Industrial Development Corporation (MPIDC) is finalizing a revenue model for office spaces at the upcoming IT Park 4 in Indore's Pardeshipura area. The project, estimated at INR 42 crore, aims to offer seven floors of office space on 30-year leases, targeting tech firms and startups. Bookings are anticipated to commence by September, with expectations to attract over INR 500 crore in investment and generate approximately 4,000 jobs.Read more

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Tamil Nadu to introduce presenceless property registration

Tamil Nadu's registration department has announced plans for a presenceless property registration system aimed at digitising first-sale registrations of apartments and plots. Initially optional, the system will gradually become mandatory, reducing congestion at sub-registrar offices. It will integrate Aadhaar-based biometric verification and digital approvals. While the initiative promises faster processing and reduced corruption, concerns have emerged regarding possible fraud and the need for strong safeguards.Read more

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SAEL signs PPAs for 880 MW solar projects in Gujarat and Punjab

SAEL Industries has signed two major power purchase agreements (PPAs) for 880 MW of solar capacity in Gujarat and Punjab, marking a big step in its renewable energy expansion. In Gujarat, subsidiaries of SAEL will supply 480 MW to Gujarat Urja Vikas Nigam Ltd at INR 2.56 per kWh for 25 years, with operations expected within 24 months. In Punjab, a 400 MW solar project will deliver power to Punjab State Power Corporation Ltd at INR 2.97 per kWh under a similar 25-year deal. These projects strengthen SAEL's clean energy portfolio, ensuring stable revenues while supporting India's renewable energy and sustainability targets.Read more

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Escorts Kubota to invest INR 4,500 crore in new tractor plant in Noida

Escorts Kubota is set to transform Noida into a key manufacturing center with a new INR 4,500 crore tractor plant spanning 200 acres. The facility will create employment for 4,000 people in phases and produce tractors, engines, and farm and construction machinery for both domestic and international markets. The initial phase will focus on core production and allied facilities, while the second phase will expand based on demand. Additionally, the company plans to support Kubota's global R&D operations from India, highlighting the country's growing significance in global manufacturing.Read more

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