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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.",Look, Apple is known for charging a premium for its devices. The new Mac Pro and Pro Display XDR monitor are aimed at creative professionals and we don’t think a high-profile game studio or film production house would have an issue paying for something that’s the best in the business. However, the new Pro Stand for at 9 (approximately Rs 69,000) seems highly overpriced and people have started reacting to it by posting memes and jokes about it on various social media platforms.",The MPC headed by RBI Governor Shaktikanta Das will meet for three days beginning June 4 to firm up the second bi-monthly monetary policy of the fiscal.",Twitter on Tuesday said it required users to take down over 6.5 million pieces of content in the first half of 2022, before the social media platform was taken over by billionaire Elon Musk, a 29% increase from the second half of 2021.",is website is equipped with modern HTML5 technology, ensuring a smooth and compatible gaming experience on all devices.⚡,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.",The Vive Cosmos offers superior graphics, thanks to an LCD display with a combined resolution of 2880 x 1700. That’s essentially 88 per cent over the original Vive VR headset. That display also offers 110-degrees field of vision. The headset also comes with redesigned controllers, along with a new flip-up design. Interestingly, HTC also lets you customise the headset, meaning it is possible to change the headset’s faceplate.",ALSO READ | Priyanka Chopra, Rajkummar Rao to star in The White Tiger adaptation",Heavy winds and a sudden downpour Monday evening led to massive traffic jams and waterlogging of low-lying areas in certain parts of Hyderabad. The showers that lasted a little more than an hour threw daily life out of gear as roads were covered in water.",The SpaceX crew capsule carrying the four-man team, led by a retired NASA astronaut who is now vice president of the Texas company behind the mission, Axiom Space, parachuted into the sea after a 16-hour descent from orbit.",Potterheads, rejoice! A brand new Harry Potter store touted to be the largest in the world will soon be making your summer extra special and magical. New York City, specifically Manhattan, will open doors this summer, for a three-storey building that will house interesting merchandise to keep fans satiated. So, the next time you are in the city, you will want to add this place to your must-visit list. Read on.",The latest fitness watch by MevoFit is IP67 rated, which means it is a water-resistant device and the company claims that the device has a lightweight body. The Thrust fitness watch also comes a gesture control screen which MevoFit claims is functional across all smartphones from Samsung, Apple, Xiaomi, Huawei, Motorola, Lenovo, Oppo, Vivo, OnePlus and LG.".