CDN Finance

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Last Updated: Just Now

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Automotive, EVs & Mobility Just now (11:57 PM IST)

RBI Cancels Licences of 5 NBFCs as 8 Others Exit Registry

The Reserve Bank of India has cancelled the registration certificates of five non-banking finance companies, while eight others surrendered their licences for a mix of business and structural reasons. The latest round of regulatory actions underscores the central bank’s continuing scrutiny of the NBFC sector, which plays a critical role in vehicle finance, EV lending and broader mobility credit.

By RDU Global Wire4 min read

India & World Affairs2h ago

At UNGA, Jaishankar rebukes Pakistan on terrorism and water, says India will defend itself

External Affairs Minister S. Jaishankar used India's National Statement at the United Nations General Assembly to launch a sharp rebuttal to Pakistan Prime Minister Shehbaz Sharif, rejecting what he called attempts to normalise terrorism and deny its consequences. He also linked global instability to rising costs for the Global South, pressed for UN reform, and reiterated India's support for a two-state solution in Gaza.

5 min readRead →

National Governance & Policy2h ago

Tamil Nadu orders Rs 50 daily food allowance for 24,264 Chennai sanitation workers

The Tamil Nadu government has ordered a daily food allowance of Rs 50 for 24,264 conservancy workers of the Greater Chennai Corporation, replacing the meals currently supplied to them. The move follows a worker survey in which about 92% said they preferred cash support over the existing food scheme, citing persistent complaints over meal quality and delivery.

4 min readRead →

Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead →

Banking, Fintech & Insurance7h ago

RBI Sets Rs 50,000 Crore WMA Limit for Government in Oct 2026-March 2027

The Reserve Bank of India, in consultation with the Government of India, has fixed the Ways and Means Advances limit at Rs 50,000 crore for the second half of FY2026-27, covering October 2026 to March 2027. The central bank said it may trigger fresh market borrowing once the government uses 75% of the limit, while retaining the flexibility to revise the cap if circumstances change.

5 min readRead →

Banking, Fintech & Insurance7h ago

RBI Maps Rs 5.1 Trillion Borrowing Roadmap for H2 FY27, Signals Steady Supply Across the Yield Curve

The Reserve Bank of India has released the indicative issuance calendar for Government of India dated securities for the second half of FY 2026-27, laying out a predictable borrowing schedule from October 2026 through March 2027. The plan covers a broad mix of maturities, including sovereign green bonds, and is designed to give investors greater visibility, support market planning and reinforce stability in the government securities market.

5 min readRead →

Macro Economy & Fiscal Policy11h ago

India Can Grow Beyond 10%, Sitharaman Says, Urging Tech Push Across Sectors

Union Finance Minister Nirmala Sitharaman said India is capable of achieving economic growth of more than 10 per cent, arguing that faster adoption of technology and innovation could lift productivity across agriculture, startups and industry. Speaking in Bengaluru, she said the country must overcome cynicism and accelerate its march toward Atmanirbhar Bharat and Viksit Bharat.

5 min readRead →

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Reserve Bank of India(1)Anagram Industries(1)New Delhi(1)India(1)