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Manoranjan Mishra, a chief general manager at the department of non-banking regulation at RBI, said there is a growing interest in the asset reconstruction companies (ARCs) and the central bank has received several applications for setting up new ARCs. “For ARCs, sponsors have to be ‘fit and proper’. The criterion for fit and proper is something that we are working on and we’ll come out with some regulations around it. It will be more formalization of what we already have,” Mishra said at an NBCF meet organized by industry lobby IMC.",Global music icon Drake is all in for the Indian Premier League (IPL) finals! The Canadian rapper, known for his chart-topping hits and love for sports betting, has placed his first-ever cricket wager on Shah Rukh Khan’s Kolkata Knight Riders (KKR).",India also held its own at the 95th Academy Awards as RRR’s chartbuster Naatu Naatu won the Best Original Song and The Elephant Whisperer emerged as the winner in the Best Documentary Shorts category. The third nominee from India, Shaunak Sen’s All That Breathes, lost to Navalny in the Best Documentary Feature Film segment.",The shooting occurred around 3 a.m. Saturday when the victim approached three men in downtown LA, according to the Los Angeles Police Department.",Top Gun: Maverick, starring Tom Cruise, will start streaming in India on Amazon Prime Video from December 26. The Paramount Pictures film, which is the sequel to Cruise’s 1986 classic hit Top Gun, will be available in English, Hindi, Tamil, Telugu, Kannada, and Malayalam on the platform.",New Android Wear 2.0 smartwatches made by LG will be unveiled one day earlier than expected. According to a tweet sent out by the famed leaker Evan Blass Android Wear 2.0 and the two Google watches built by LG will be introduced on February 8. This means the LG Watch Style and Watch Sport will be announced on February 8 instead of the February 9 date previously speculated by Blass.",Shares of JSW Infrastructure, a part of JSW Group, on Tuesday made a remarkable market debut and ended with a premium of over 32 per cent against the issue price of Rs 119.",The gloves were once one of the most popular exhibits at the Apartheid Museum in Johannesburg, one of dozens of heritage attractions and art galleries around the country forced to close their doors due to the impact of the COVID-19 pandemic.",Sustained foreign fund outflows further dented investor sentiments, according to forex traders.",The Indian stock, commodity and money markets will remain shut on Thursday, May 13, 2021, on account of Eid-Ul-Fitr. They will resume trading on Friday, May 14, 2021.",Uttar Pradesh Chief Minister Yogi Adityanath is scheduled to visit Ballia district on Wednesday to lay foundation stones for several development projects. The visit comes at a time when the Ballia district hospital has reported 68 deaths in the last few days due to “different causes” amid heatwave conditions in eastern Uttar Pradesh.",The use of millets in Indira Canteen and school meals is being proposed so that people of our state can become more healthy and strong,” the Karnataka CM said.".