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%

Law & Policy

Navi Mumbai Municipal Corporation intensifies action against illegal structures in Airoli

The Navi Mumbai Municipal Corporation (NMMC) conducted a demolition drive against unauthorised huts in the Airoli division following directives from Municipal Commissioner Dr Kailas Shinde. The action, led by Additional Commissioner (2) Dr Rahul Gethe and Deputy Commissioner (Encroachment) Dr Kailas Gaikwad, targeted encroachments near the proposed site of a sewage treatment plant beside NMMC School No. 77 in Yadavnagar. Officials confirmed that such anti-encroachment actions would continue with greater intensity.Read more

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India introduces first legally binding emission intensity targets for carbon-intensive industries

India has notified its first legally binding emission intensity targets for 282 major industrial units across aluminium, cement, pulp and paper, and chlor-alkali sectors. The targets, based on 2023-24 emission levels, are effective for the 2025-26 to 2026-27 compliance period. Industries exceeding their targets must buy carbon credits or pay penalties, while those performing better can earn tradable credits. The targets range from 3.4% to 7.5% reduction depending on the sector. This initiative builds on the Perform, Achieve and Trade scheme and aligns with India's Paris Agreement goals and net-zero strategy.Read more

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Centre releases INR 410.76 crore to Andhra Pradesh rural bodies under 15th Finance Commission grants

The Union Government released INR 410.76 crore to rural local bodies in Andhra Pradesh as the first installment of the Fifteenth Finance Commission (15th FC) grants for the financial year 2025-26. The funds will support all 13 District Panchayats, 650 Block Panchayats, and over 13,000 Gram Panchayats. The grants are divided into untied and tied categories, enabling local bodies to address location-specific needs, improve sanitation, water management, and other essential services, thereby strengthening governance and infrastructure at the grassroots level.Read more

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Sahara seeks Supreme Court approval to sell major properties to Adani Properties

Sahara India Commercial Corporation Ltd (SICCL) has approached the Supreme Court seeking permission to sell multiple properties, including Aamby Valley in Maharashtra and Sahara Shahar in Lucknow, to Adani Properties Private Limited. The plea, linked to ongoing Sahara Group matters, highlights the group's intent to liquidate its assets to repay investors. The move follows the death of Sahara Group founder Subrata Roy last year, which left the conglomerate without a formal decision-maker. The proposal aims to maximise asset value and meet court-directed financial obligations.Read more

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Navi Mumbai Municipal Corporation intensifies crackdown on illegal construction in Ghansoli

The Navi Mumbai Municipal Corporation (NMMC) carried out a demolition drive against unauthorised construction in the Ghansoli division earlier this week. Despite prior notices served by the encroachment department, the concerned property owner had ignored the warnings and continued illegal construction work. Acting under the directives of Commissioner Dr Kailas Shinde, the NMMC team, supported by senior officials, executed the clearance operation with police assistance. The civic body confirmed that similar actions would continue across other areas as well.Read more

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Rajasthan government justifies merger of Jaipur municipal corporations

The Rajasthan government has defended its decision to merge Jaipur Municipal Corporation Heritage and Jaipur Municipal Corporation Greater, highlighting public interest and financial efficiency as key reasons. A Congress leader challenged the move through a Public Interest Litigation, claiming it reduces democratic representation by lowering the number of municipal wards from 250 to 150. The High Court has allowed more time for response, with the next hearing scheduled later this month. The merger also brings roughly 80 villages and 1.75 lakh people under unified governance.Read more

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Kerala CM meets PM seeking funds for Wayanad, AIIMS approval, and financial support

Kerala CM Shri Pinarayi Vijayan met Prime Minister Modi to request immediate release of over INR 2,220 crore from the National Disaster Relief Fund for Wayanad landslide reconstruction. He also sought central approval to establish an AIIMS at Kinaloor in Kozhikode and discussed the state's financial challenges, requesting higher borrowing limits to strengthen fiscal stability. The visit highlighted ongoing disagreements with the Centre over disaster funding and included discussions with senior Union ministers on development and administrative issues. The meetings underscore Kerala's focus on urgent reconstruction, healthcare, and fiscal management.Read more

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Supreme Court upholds Delhi HC's decision on Signature View Apartments demolition

The Supreme Court refused to entertain a plea challenging the Delhi High Court's directive on the demolition of Signature View Apartments in Mukherjee Nagar. The High Court had ruled that there would be no stay on the demolition and instructed the Delhi Development Authority (DDA) to ensure minimal inconvenience to residents during the process. The Municipal Corporation of Delhi had earlier declared the structures unsafe. Residents were given time to vacate, and the DDA has been authorized to proceed with demolition and future reconstruction.Read more

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Supreme Court asks MCA to submit original records on closure of Indiabulls complaints

The Supreme Court has directed the Ministry of Corporate Affairs to present original records related to the closure of objections against Indiabulls Housing Finance Limited, now Sammaan Capital Limited. The matter involves claims of financial irregularities and large-scale loans routed through corporate entities. Senior advocates for Indiabulls denied any wrongdoing, while the petitioner NGO highlighted possible misuse of loans and compounding of violations. The court also referred to the Central Bureau of Investigation's observations on the matter.Read more

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Noida administration cracks down on unregistered B&Bs in high-rise flats

The Noida administration has taken action against over 100 homeowners in Supernova Towers, Sector 94, for running unregistered bed-and-breakfast (B&B) units. The move follows multiple complaints from residents about disturbances, security risks, and unauthorized commercial use. Notices were issued under the Sarai Act, 1867, which requires all B&B operations to obtain approvals from local authorities, police, and fire departments. The crackdown aligns with Uttar Pradesh's Bed and Breakfast and Homestay Policy 2025, aimed at formalizing short-term rental operations and safeguarding residents' interests.Read more

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