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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.",With the political climate heating up, the AAP is pulling out all the stops, including roping in celebrities, for winning the support of the electorate in the Lok Sabha elections. The election campaign for the party’s candidate from Faridkot parliamentary constituency (Karamjit Singh Anmol) was a star-studded affair last weekend with the who’s who of the Punjabi film industry throwing their weight behind the AAP nominee.",India, the current G20 president, is keen on introducing the phrase ‘multiple energy pathways’ in a communique to be released at a group summit in September and has been supported by countries including China and South Africa, one of the officials said. The three officials declined to be identified since they were not authorised to speak to media.",focuses on investing and developing new technology, to provide players with the most advanced and classy betting experiences.⚡,We have made significant progress since beginning last year and are confident we will have a device that could treat the majority of patients who are clinically blind,” said team leader Prof Arthur Lowery.",He reminded that the actors’ body has stood behind the AMMA member who was attacked last year and continues to support her.",Fund manager Camshaft, appointed by Byju’s to manage Term Loan B fund, in its disclosure to the Delaware bankruptcy court earlier this week, said the money was transferred to a 100 per cent subsidiary of Byju’s.",The board of directors of the state-owned Life Insurance Corporation of India (LIC) is scheduled to meet at the end of this month to declare the financial results for the fiscal year ended March 2022.",Of the Rs 3,958.85 crore, Rs 1,187.8 crore or nearly 30 per cent was seized from Gujarat alone. “Enhanced vigil against inducements, including drugs and psychotropic substances, has resulted in big seizure actions and continuous surge. Drug seizures have been the highest. Regular follow-ups and reviews of districts and agencies in areas of expenditure monitoring, precise data interpretation and active participation of enforcement agencies have led to this significant spurt in seizures since March 1,” EC stated.",Never have we walked away from investing in India, never have we slowed our investments,” he said. “We believe our scale, our diversified business, and our track record of performance positions us very strongly to continue to perform well in a variety of market conditions.” The success of the Adani Group, he said, is based on its alignment with the India growth story.",Equity benchmarks Sensex and Nifty closed with gains on Tuesday, following a firm trend in the global markets.",RIL’s digital arm Reliance Jio Platforms reported gross revenue of Rs 24,176 crore for the quarter, higher by 13.8 per cent from Rs 22,858 crore a year ago. Net profit for the quarter was Rs 3,795 crore, higher by 8.9 per cent from Rs 3,486 crore a year ago. Gross subscriber addition remains strong with total gross adds of 34.6 million in the third quarter of FY22 driven by both mobility and FTTH businesses.".