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

Noida Airport to feature full road, rail and bus access as UP govt accelerates connectivity

The Noida International Airport at Jewar is poised to benefit from a multi-modal access network combining road, rail and bus links, according to the Government of Uttar Pradesh. The airport, already linked to the Yamuna Expressway, will also connect to the Delhi�Mumbai Expressway and the Eastern Peripheral Expressway. A detailed project report has been approved for a rail corridor and a new station on the high-speed Delhi�Varanasi line is being included. Bus and electric-bus services will link nearby cities and metro networks, while ride-hailing and car rental ties are in place. Phase 1 will be on 1,334 ha with one terminal and capacity for about 12 million passengers annually, developing over four phases to 5,000 ha and up to 300 million passengers one day.Read more

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Panvel civic body begins fire safety audit across schools, hospitals, and hotels

The Panvel City Municipal Corporation (PCMC) has begun a large-scale fire safety inspection drive across schools, hotels, hospitals, and other commercial and institutional buildings under its jurisdiction. This move came in the wake of recent fire incidents reported from Kharghar and Kamothe, prompting the civic body to undertake preventive measures. Over the next six months, two inspection teams will operate across six key nodes � Panvel, New Panvel, Kamothe, Kalamboli, Rodpali, and Taloja � to assess fire safety compliance, verify the validity of NOCs, and update safety records. Establishments will also be encouraged to undertake self-rectification based on feedback from the PCMC�s fire-brigade department.Read more

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Delhi Jal Board plans new sewage treatment plant in Rangpuri to address sewage crisis

The Delhi Jal Board (DJB) has announced plans to build a new sewage treatment plant (STP) in Rangpuri, located near the IGI Airport, to tackle the persistent sewage management issues in South Delhi. The plant, with a capacity of treating 15 million gallons of sewage daily, will enhance the city�s sewage infrastructure and improve the quality of water bodies. With the construction expected to begin soon, the project aims to address the city�s long-standing sewage treatment gaps, reducing untreated waste discharge into the Yamuna River. This move aligns with the DJB�s broader efforts to modernize and strengthen Delhi�s water management system.Read more

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Delhi Airport records 34% rise in Asia-Europe transit passengers

Indira Gandhi International Airport (IGIA) in Delhi handled over 6.7 lakh transit passengers between Asia and Europe in the past year, marking a 34 % increase from around 4.98 lakh a year earlier. The growth highlights Delhi�s emergence as a preferred hub for connecting flights between the two regions. Air India contributed nearly two-thirds of the east-west transit flow, followed by IndiGo with one-fourth. Japan Airlines� upcoming daily service to Tokyo Narita, beginning in early 2026, is expected to further strengthen IGIA�s global connectivity.Read more

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MCD secures INR 615 crore loan for advanced road cleaning in Delhi

The Municipal Corporation of Delhi (MCD) has secured a loan of INR 615 crore to enhance road cleaning operations across the city. This funding, sourced from the Punjab National Bank (PNB), will be used to purchase advanced machinery that aims to improve efficiency and ensure better cleanliness on Delhi's roads. This initiative is part of the MCD's broader plan to maintain a cleaner environment and bolster waste management strategies in the national capital. The loan will contribute to the MCD�s ongoing efforts to modernize its sanitation services, especially focusing on road maintenance.Read more

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Bengaluru's Magadi Road-Mysuru highway link delayed to 2026

The Bangalore Development Authority (BDA) has deferred the completion of the 11 km six-lane road linking Magadi Road and the Bengaluru-Mysuru access-controlled highway to early 2026. The project, developed at a cost of INR 500 crore, has been delayed due to continuous rainfall and pending approvals from the South Western Railway (SWR) for the underpass construction at Challaghatta. Once operational, the road is expected to ease congestion on Magadi Road and improve connectivity for areas like Kempegowda Layout, Kambipura, and Sulikere, but commuters must now wait longer for relief.Read more

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NMMC chief reviews 2025-26 projects, orders faster civic works in Navi Mumbai

The Navi Mumbai Municipal Corporation (NMMC) Commissioner, Dr Kailas Shinde, held a comprehensive review meeting earlier this week with department heads to assess the progress of civic infrastructure works outlined in the 2025-26 municipal budget. The session focused on expediting road repairs, cleanliness drives, drainage maintenance, and enforcement against unauthorised banners. Dr Shinde emphasised effective inter-departmental coordination, the use of recycled water for street cleaning, and prompt administrative processes to ensure timely project completion. The meeting was attended by senior officials, including the Additional Commissioner and heads of engineering and finance departments.Read more

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IRF welcomes QR codes on road projects to boost transparency and monitoring

The International Road Federation (IRF) has expressed strong support for the government�s decision to introduce QR codes on all major road projects. The initiative, announced by the Minister of Road Transport and Highways, aims to enhance transparency, accountability, and quality control in road construction. The IRF described this move as a major step towards technology-driven governance that ensures real-time monitoring and long-term sustainability of road infrastructure. The organisation also appreciated the ministry�s commitment to closely track the initiative's progress.Read more

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BMC plans to remodel 48 crash-prone junctions to improve road safety

The Brihanmumbai Municipal Corporation (BMC) has approved an INR 20 crore project this week to redesign 48 high-risk road junctions across Mumbai in collaboration with the Mumbai Traffic Police. These intersections were identified through a survey by the World Resources Institute India (WRI India) and the Global Designing Cities Initiative (GDCI) in 2021-22. The improvements will include widening footpaths, installing dedicated lanes, reducing crossing distances, and calming traffic. Key spots include the Sion-Panvel Expressway, Ghatkopar-Mankhurd Link Road and King Circle.Read more

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BEML signs agreements worth around INR 350 crore with Dredging Corporation of India

Bharat Earth Movers Limited (BEML) entered into three memoranda of understanding (MoUs) with Dredging Corporation of India Limited (DCIL) valued at approximately INR 350 crore. These agreements cover the supply of indigenous spares for DCIL�s dredger fleet, design and construction of inland cutter suction dredgers, and development of cable dredgers, long-reach excavators and customised solutions for reservoir de-siltation and inland waterways. The collaboration aligns with India�s push for self-reliance in maritime infrastructure and builds on earlier cooperation between the two organisations.Read more

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Andhra Pradesh CM calls for timely progress on Amaravati capital construction

During a recent review meeting, Andhra Pradesh Chief Minister Shri N. Chandrababu Naidu directed officials to ensure timely completion of Amaravati's construction and avoid further delays. He asked for faster progress on infrastructure, landscaping, and returnable plot registrations for farmers who gave land under the pooling scheme. Officials informed that registrations for 2,471 farmers are still pending. Naidu instructed that reviews would be held every 15 days to track progress, stressing that rain-related delays must be recovered and coordination with key departments should continue smoothly.Read more

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India receives six-month US sanctions waiver to continue Chabahar Port operations

India has obtained a six-month exemption from US sanctions to continue operating Iran's Chabahar Port, following diplomatic talks between New Delhi and Washington. The waiver renewal ensures uninterrupted work at the port, a key part of India's regional trade and connectivity strategy linking it with Afghanistan, Central Asia, and Russia through the International North-South Transport Corridor. The exemption, which follows the expiry of the earlier waiver, reinforces Chabahar's role in India's long-term efforts to develop sustainable trade routes bypassing Pakistan.Read more

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Indian Railways to build passenger-holding areas at 76 stations in India

The Ministry of Railways has approved a plan to create passenger-holding zones at 76 major stations across India, including five key railway terminals in Mumbai. These facilities will be developed at Chhatrapati Shivaji Maharaj Terminus, Dadar, Lokmanya Tilak Terminus, Mumbai Central and Bandra Terminus. The move follows the successful trial of a similar model at New Delhi station during the festive rush, aimed at easing overcrowding, improving passenger flow and enhancing comfort. The Mumbai projects are expected to be completed before the next festive season.Read more

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BMC to monetise recycled water from seven sewage plants across Mumbai

The Brihanmumbai Municipal Corporation (BMC) will transform seven of its sewage-treatment plants into revenue-earning units by selling about 1,200 MLD of chemically processed recycled water annually to companies including Tata Power, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) at a rate of INR 1 per kilolitre. The scheme is expected to bring in around INR 43.80 crore a year, once the upgrades to the plants in Worli, Ghatkopar, Versova, Malad, Bandra, Bhandup and Dharavi are complete.Read more

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Assam seeks three new Amrit Bharat trains and major rail-links to boost connectivity

Assam Chief Minister Shri Himanta Biswa Sarma met with Railway Minister Ashwini Vaishnaw and pressed for expansion of the state's rail infrastructure. He requested that three new Amrit Bharat trains be introduced into Assam, advocated a new rail link between Umrangso (Dima Hasao district) and Lanka (Hojai district), and urged the early completion of the Kokrajhar-Gelephu line connecting India with Bhutan. He also asked for additional stoppages of major trains passing through Assam to benefit local passengers. The railway minister has reportedly given consent to take action on these items.Read more

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Bengaluru Metro introduces fifth train on Yellow Line to improve peak-hour service

The Bangalore Metro Rail Corporation Limited (BMRCL) has announced the addition of a fifth train on the Yellow Line of the Bengaluru Metro network, beginning operation from the start of November. The new train will reduce peak-hour intervals from about 19 minutes to 15 minutes, while the first and last train timings from both terminals R V Road and Bommasandra will stay the same. The move aims to improve passenger convenience, ease crowding, and make daily travel on this route more reliable without changing existing schedules.Read more

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Kerala gets approval for 48 seaplane routes under UDAN scheme

The Central Government has recently approved the allocation of 48 dedicated seaplane routes across Kerala under the regional connectivity scheme (RCS-UDAN). The routes have been assigned to operators including IndiaOne Air, MEHAIR, Pawan Hans and SpiceJet. The state government is now planning to establish floating waterdromes and related infrastructure at various water-bodies. A prior trial flight from Kochi to Mattupetty in Idukki has already been conducted. The project is expected to cut travel time between the state's four international airports and remote inland destinations.Read more

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Mulund traffic halted for Metro-4 steel span installation at Sonapur junction

A 56-metre steel span was recently installed at the Sonapur junction in Mulund as part of the ongoing Metro-4 construction between Wadala and Kasarvadavali. The heavy-duty operation, carried out in two phases using 500-tonne cranes and multi-axle trailers, required complete traffic closure at the GMLR junction over two nights. Commuters were diverted through alternative routes including Village Road, Pandit Jawaharlal Nehru Road, and Subhash Nagar Road. Authorities confirmed that additional work will continue next weekend and that one lane on LBS Road will remain closed till the end of December.Read more

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Navi Mumbai Municipal Corporation to observe Democracy Day in December

Navi Mumbai Municipal Corporation (NMMC) announced that its Democracy Day for December will be observed on the first Monday of the month, in line with the Maharashtra Government's directive. During the recently held session earlier this week, Municipal Commissioner Dr Kailas Shinde reviewed one application and instructed the Encroachment Department to take necessary action. The civic body has urged citizens to submit their applications in the prescribed format for the upcoming Democracy Day session to be held in December.Read more

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Mumbai Metro Line-3 carries over 38 lakh passengers in October

The Mumbai Metro Line 3, or Aqua Line, handled 38.63 lakh passengers in October, showing consistent growth in daily ridership since its full launch earlier this month. Covering 33.5 km from Cuffe Parade to Aarey JVLR, the corridor recorded an average weekday ridership of 1.41 lakh, with the highest single-day count reaching 1.82 lakh. Operated by the Mumbai Metro Rail Corporation (MMRC), the line connects major business and transit hubs and has introduced WhatsApp and QR-based ticketing for easier travel.Read more

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