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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.",
In the busy lanes of Pune’s Shaniwar Peth, lies a quaint Ganesh temple that is home to an idol with an unusual name – ‘Gupchup Ganpati’. Illuminated by beautiful lights and chandeliers, with several paintings and old photographs on its walls, entering the 132-year-old Varad Ganesh temple is like stepping back in time.",
On Tuesday, the domestic stock markets snapped out of a five-day losing streak and staged an intra-day comeback. After plunging to a low of 56,409 at one stage, the S&P BSE Sensex rallied 1,448 points intra-day to close with a gain of 367 points (0.64 per cent) at 57,858.15 while the Nifty 50 rose 129 points (0.75 per cent) to 17,277.95 on bargain hunting.",
“There seems to be relentless demand from offshore market and also from carry traders looking to unwind their shorts in dollar-rupee. In the morning expiry related buying pushed the pair higher,” said Anindya Banerjee, Vice President, Kotak Securities Ltd. Oil prices are gaining traction again due to the supply crunch as OPEC members. Libya and Ecuador are suspending oil output amid political unrest. Besides, all eyes are on the G7 meeting for further cues as the member nations are contemplating a new set of sanctions, including a proposal to place a price cap on imports of Russian oil. High demand from the US and relaxation of restrictions in China could further fuel oil prices on the higher incline and act as a major headwind for the domestic currency, said Sugandha Sachdeva, Vice President, Religare Broking Ltd."
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IndiGo on Monday said it has partnered with Stemz Healthcare to offer passengers pre-flight COVID-19 tests in India and few other countries.",
Deepika Padukone made heads turn at the Vanity Fair Oscars Party in 2017 in her bold two-tone Monique Lhuillier dress. Her floor-length gown came with a sequin gold skirt and a black corset-styled bodice. To amp the look, she went for a nude lip gloss and metallic eye shadow. As for hair, she styled them in loose curls, giving a voluminous look.",
A single-judge bench of Justice Dharmesh Sharma said in its order, “Having bestowed my thoughtful consideration to the submissions advanced by the learned counsels for the rival parties and on meticulous perusal of the relevant record of the case, this Court finds that evidently in terms of the report of the Deputy Superintendent, Central Jail No. 7, Tihar, Delhi, the dietary requirements for the health and survival of the petitioner are being provided only partially to him.”",
A two-member Principal bench of NCLT headed by President Ramalingam Sudhkar on Tuesday approved the resolution plan, more than three months after concluding the hearing and reserving the order."
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Justice Rohit Ranjan Agarwal issued the order after hearing the arguments of lawyers representing the Anjuman Intezamia Masajid Committee, which manages the Gyanvapi mosque in Varanasi."
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A day after the Reserve Bank of India (RBI) increased the cash withdrawal limit for depositors in the beleaguered Punjab and Maharashtra Cooperative (PMC) Bank to Rs 50,000 from the existing Rs 40,000, its Governor Shaktikanta Das Thursday said it is closely monitoring the situation at the scam-hit bank and a forensic audit is underway."
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