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He said even today those who give applications to set up ARCs have to justify how they consider themselves fit and proper to be ARC sponsors to get a license. There are 25 ARCs operating in the country at present. Mishra said there is a need to deepen the market for security receipts which are issued by ARCs by developing a secondary market and also allowing more players. On the peer-to-peer (P2P) lending, he said RBI has got several applications and is in the process of giving licenses to that qualify.",The Mona Lisa is back in business. Paris’ Louvre Museum, which houses the world’s most famous portrait, reopened Monday after a four-month coronavirus lockdown.",The Lucknow bench of the Allahabad High Court on Friday extended its interim stay order restraining the State Election Commission (SEC) from issuing notification for the urban local body elections in Uttar Pradesh till December 24.",He also said the bank’s amalgamation with two other banks Bank of Baroda and Vijaya Bank would strengthen it and enable it to improve the recovery position and its losses will be cut further. “We hope that with improvement in NPA level, the bank will be cut losses further and turn the corner by 2019 and there will be no further addition in NPA level then onward but there will be a turnaround by 2020,” he said.",In a major boost to the country’s ‘Atmanirbhar Bharat’ initiative, Ramkrishna Forgings Limited and Titagarh Wagons consortium was on Wednesday declared the lowest bidder (L1) by the Ministry of Railways for manufacturing and supplying forged wheels to the Indian Railways.",The temperature in Chandigarh is expected to touch 46 degree Celsius in the next three days, while in Punjab and Haryana, it is set to reach 47 degree Celsius.",Disagreeing with the suggestion of Delhi Chief Secretary Naresh Kumar on the continued operation of dairies at Ghazipur and Bhalaswa located near the landfill sites, the Delhi High Court asked the top official to “seriously consider” relocating the two dairies to an alternative site in Ghogha.",Marketa Vondrousova plans to celebrate with beer and a new tattoo after becoming one of the most unlikely Wimbledon champions by beating Ons Jabeur in the final on Saturday.",A day after returning from New Delhi, superstar Rajinikanth met Tamil Nadu Governor R N Ravi at Raj Bhavan in Chennai on Monday. Outside his Poes Garden residence, Rajinikanth told reporters the meeting was a “courtesy call”.",Jimmy Kimmel is ready to host the Oscars again, completing a trilogy that started with him presiding over the chaotic “envelope-gate” ceremony.",Billionaire Elon Musk waded into online conversation about the new film Barbie by posting a tweet that appeared to mock the film’s feminist themes. Musk joins a legion of conservative voices who’ve passionately criticised the film, even as it breaks box office records worldwide.",The second wife had approached the high court against an earlier order that allocated 50 per cent of the family pension to the first wife and her children, pending disposal of the application, without considering her claim.".