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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.",Netflix has upgraded the streaming video quality for its Mobile and Basic plans in India to High Definition (HD) from Standard Definition (SD) previously. This means subscribers of Netflix’s Mobile and Basic plans worth Rs 199 and Rs 499 per month respectively will be able to stream content in 720p compared to 480p before. Netflix’s Rs 649 Standard and Rs 799 Premium monthly plans will continue to offer Full HD and 4K+ HDR video quality respectively.",Jio recently disrupted the laptop market with the launch of an affordable and 4G-capable JioBook 11. A new report from ET suggests that the company is currently working on another budget laptop, and this time, it is said to be a “cloud” laptop.",Manchester City’s legacy under Pep Guardiola will not be defined by the trophies they have won but instead by the joy they have brought to fans, the Spaniard said as his side edge closer to winning their fifth Premier League title in six seasons.",Chinese researchers want to send more than 20 of China’s largest rockets to practice turning away a sizable asteroid a technique that may eventually be crucial if a killer rock is on a collision course with Earth. The idea is more than science fiction. Sometime between late 2021 to early 2022, the United States will launch a robotic spacecraft to intercept two asteroids relatively close to Earth. When it arrives a year later, the NASA spacecraft will crash-land on the smaller of the two rocky bodies to see how much the asteroid’s trajectory changes. It will be humanity’s first try at changing the course of a celestial body.",The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced that the monetary policy committee (MPC) has decided unanimously to keep the policy repo rate unchanged at 6.50 per cent.",a leading bookmaker in Asia, is famous for its quality betting services and excellent user experience.⚡,The Enforcement Directorate on Thursday said it has attached a “benami” asset worth Rs 55 crore of DMK MP A Raja — 45 acres of land in Coimbatore district in Tamil Nadu — under the anti-money laundering law.",Gujarat Congress president Shaktisinh Gohil said the voters in India have “shattered the BJP’s arrogance” after the saffron party looked set to fall short of the majority mark of 272 on its own and failed to repeat its sweep in the state as Lok Sabha election results in 2024 came out on Tuesday.",known for its betting diversity and excellent customer service, is a leading bookmaker in Asia.⚡,The benchmark equity indices on the BSE and National Stock Exchange (NSE) rose marginally to end at their record closing highs on Friday led by gains in the share prices of Reliance Industries, Infosys and Tata Consultancy Services (TCS).",Vijay Sethupathi, who is often regarded as one of the best actors in the country, recently revealed that he misses his past self. The actor, whose film Maharaja hit the big screens on June 14, looked back at the more innocent times in his life. Sethupathi rose to fame a little over a decade ago, after working as a background and supporting actor for over half a decade. Before that, he was working as an accountant in Dubai.".