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microcap millionaires (EM Club)

I have subscribed for 30 days trial @ Rs.99; I am unable to get the recommendations in my logged in page.Please advise.Ramachandran S..




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Issue with Subscription (EM Reserve) (krishnaati)

Hi, I have subscribed to EM Reserve and have paid for annual maintenance fee in Mar 2017. Now, my subscription is suspended and am asked to pay annual maintenance fee for Wealth Alliance. My understanding is that Reserve includes WA services as well. Is t..




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Can we get an economist to do the column instead of Vivek Kaul? (Krishpkkk)

Mr. Vivek Kaul once again interpret numbers like a politician - Don't see any difference between him and our politicians - be it ministers in govt. or opposition. I think he has forgotten economics in his eagerness to score political brownie points. Recen..




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NIFTY PE VALUATIONS (JAIPEE)

Nifty PE : Valuations Standards Below 14 = Extremely Undervalued Between 14 to 18 = Undervalued Between 18 to 22 = Failrly Priced Above 22 = Over Valued Current PE is 26.44 , As per above standards Nifty is over valued (1) Nifty 50 Stocks - Some stoc..




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FM Nirmala Sitharaman Inherits an Economy Facing a Number of Headwinds

Posted by Equitymaster
      

A former defense and trade minister, Nirmala Sitharaman became the first woman finance minister of India after Indira Gandhi.

She has inherited an economy facing a number of risks.

She faces immense challenges as finance minister. India's economy is starting to splutter on the back of a slow-down in consumption and private investment.

Fixing this and jump-starting the economy are the first order of business.

The data released on Friday was disappointing at different levels.

Lower growth in GDP, stagnant growth in core sector in April 2019, and the government just about managing the 3.4% deficit number in FY19 pose puzzles for the new Cabinet which assumes responsibility of kick-starting the economy.

A look at key macroeconomic indicators presents a gloomy picture.

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Sinking GDP Growth Means FM Nirmala Sitharaman has to Push for Sweeping Reforms

According to the data released by the Central Statistics Office on Friday, gross domestic product (GDP) grew by only 5.8% in the last quarter of financial year 2019 (FY19), between January and March.

GDP Growth Slips to 5-Year Low


The data demonstrates GDP growth slowing steadily, from 8 to 7 to 6.6% in the first three quarters of FY19.

The signs of slowdown are visible throughout the economy.

Growth of Core Sector Industries Remained Flat

India's core economy grew at 4.3% in FY19, its second slowest pace in the past 5 years, down from 4.9% in FY15, according to latest data by the ministry of commerce and industry.

The 8 core industries include Coal, Crude Oil, Natural Gas, Refinery, Fertilisers, Steel, Cement, and Electricity.

8 Core Sectors Report Flat Growth in FY19


The growth rate is also flat since fiscal FY18 which had also recorded a 4.3% growth.

Manufacturing and Services Sector Activity Decelerates

Core sector growth will have a direct impact on the Index of Industrial Production (IIP) as these sectors account for a major chunk of total factory output.

Worries Rise as Factory Output Shrinks in March


The Index of Industrial Production (IIP) and the Manufacturing Purchasing Managers' Index (PMI) are used to gauge the level of activity in the manufacturing sector.

What Does the PMI Say?


The country's manufacturing sector performance fell to an eight-month low in April as new business growth moderated, curbed by the elections and a challenging economic environment.

The Nikkei India Manufacturing Purchasing Managers' Index declined from 52.6 in March to 51.8 in April, reflecting weakest improvement in business conditions since August 2018.

However, this was the 21st consecutive month that the manufacturing PMI remained above the 50-point mark.

In PMI parlance, a number above 50 means expansion, while a score below that denotes contraction.

The April PMI data indicated a softer increase in new orders had restricted growth of output, employment, and business sentiment.

Further, the Indian service sector lost momentum in April, with rates of new business and output growth both cooling to seven-month lows.

Indian Service Sector Loses Momentum Too


Falling from 52.0 in March to 51.0 at the start of FY19, the seasonally adjusted Nikkei India Services Business Activity Index pointed to the weakest upturn in output since last September.

Besides these, there are many other indicators of a slowdown.

A decline in consumer demand, a slowdown in government spending, and weak private investment have likely impacted India's growth in the fourth quarter.

One such high frequency indicator is automobile sales.

What do these numbers indicate?

Vehicle sales are a very important economic indicator about how the people of India feel about their economic prospects.

After all, no one is forcing anyone to buy a car and given that if a consumer buys a car, he chooses to make a down payment and/or take on an EMI.

This is only possible if the consumer is feeling positive about his future economic prospects.

Automobile Sales Skid as Demand Remains Sluggish


On Saturday, India's largest carmaker, Maruti Suzuki, reported a 22% decline in sales in May, the lowest in seven years.

Other auto-makers such as Tata Motors, Eicher Motors, and Hero Moto Corp reported declines in sales too.

All these economic indicators basically provide evidence of the Indian economy slowing down further since January 2019.

Another major area that needs immediate attention by the government, is job creation.

According to a CMIE survey, the unemployment number stands at 41 million people. That is too big a number to be ignored.

Now, job creation at such a mass level won't be a walk in the park. To set the wheels in motion, the government will have to look at infrastructure spending.

Capacity expansion in new projects has seen a gradual slowdown in the past few years.

Infra Capacity Expansion Likely to Be the Key Focus of the Modi Government


From Rs 3.3 trillion in June 2018, the number has come down sharply to Rs 2.1 trillion as of March 2019.

Co-head of research, Tanushree Banerjee believes this is first area the government will look to focus on.

Apart from creating jobs in the infrastructure sector, it opens a lot of other avenues.

Here's an excerpt of what she wrote in The 5Minute WrapUp:

  • Better infrastructure will mean better connectivity to non-metros. This will attract manufacturing companies to set shop in these towns. It will give a boost to the urbanisation of the population.

    This is a trend I see clearly playing out in the coming years.

    Infrastructure spending -> Improved roads -> Increased two-wheeler sales.

    It is just one of the 50 irreversible trends I believe will carry the Sensex to 1,00,000.

Typically, when the capacity utilisation rises, it prompts companies to expand their capacities. If this gradual pick-up sustains, it could lead to a pick-up in private sector investment.

Thus, a revival in the investment cycle could be underway despite the current economic slowdown.

And, as far as equity markets are concerned, participants were expecting a weak fourth quarter growth data.

As such, the now published data may not weigh on the market but will raise expectations from the government and the RBI.

The pressure points in the form of finance, tax rates, infra expenditure, specific sector-related policies etc, must be addressed.

While the weak GDP data will be an important input for the Union Budget.

Most investors are now keen to know what's in store in the first week of July.

Warm regards,
Rini Mehta



This article (FM Nirmala Sitharaman Inherits an Economy Facing a Number of Headwinds) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Worst Week for Global Stock Markets: Coronavirus Impact in 10 Points

Posted by Equitymaster
      

With stock prices gyrating every day to coronavirus related developments, the weekend must come as a relief.

Here's a look at how deep the impact has been felt in the global financial markets:

  1. Stock markets worldwide saw sharp losses on Thursday, with the benchmark indices on Wall Street and London saw their steepest daily falls since the Black Monday in 1987.
  2. In the US, stocks witnessed a sharp sell-off on Thursday.
    • Thursday's dive follows the intense fall on Wall Street seen throughout the week. The S&P 500 triggered the first circuit breaker of the week on Monday after falling 7%. This fall came after the crash in crude oil prices.
    • The markets bounced back Tuesday, only to retreat on Wednesday after the World Health Organization (WHO) declared the coronavirus a pandemic.
    • At the closing bell, the Dow Jones Industrial Average finished down around 2,350 points (down 10%). The S&P 500 plunged 9.5%, while the Nasdaq Composite Index tumbled 9.4%.
    • Stocks were deep in the red the entire session, which was paused for 15 minutes early in the day. Automatic suspension was triggered after the S&P 500's losses hit 7%.
    • On Thursday, equities erased their losses briefly after the US Federal Reserve announced measures to inject an additional US$ 1.5 trillion in cash into financial markets. The announcement, which came after European markets had closed, sent shares higher, but they dropped back by the end of the day.
  3. Coming to the European markets now, the main UK index dropped more than 10% yesterday in its worst day crash since 1987. Losses on the UK's FTSE 100 wiped some 160.4 billion pounds in wealth from the market.
  4. Frankfurt had its worst day since 1989, the year the Berlin Wall fell, while Paris suffered its biggest one-day loss on record.
  5. However, European stock markets rallied this morning. The signs of a US stimulus package helped soothe fears about an economic shock. At the time of writing, European indices were trading mixed. Shares in London were up 4.1%, while the Paris CAC gained 3.5%. However, the Frankfurt DAX crashed 9.3%.
  6. Stocks in Asia also saw consistent sharp falls throughout the week. Japan's benchmark Nikkei 225 index closed 6.1% lower today.
  7. Shanghai was down around 1% as the number of new cases in China shrunk and people slowly returned to work in the worst-hit areas.
  8. In Asia, circuit breakers were also triggered in many exchanges including India, Japan, South Korea, Indonesia, Thailand, and the Philippines this week.
  9. Indian share markets saw their biggest ever single day fall this week. The indices today hit their lower circuit limits within 15 minutes of the opening session. This was seen the first time in 12 years that trading in Indian markets had to be halted. The carnage didn't continue, however, as Indian indices recovered after major free-fall as trading resumed after 45-minute halt.

    From there on, it was an upward rally as markets went on to witness buying interest and saw their biggest intraday recovery ever.
  10. On a year-to-date (YTD) basis, the worst fall has been witnessed by European markets. Here's a view on how the world markets have performed since January 2020.
  11. US Markets European Markets Asian Markets
    The Dow Nasdaq S&P 500 London Paris Germany Hang Seng Nikkei 225 Shanghai Sensex
    -27% -21% -24% -31% -33% -32% -16% -25% -6% -17%

    This worldwide crash has put March 2020 into the history books. Now, how markets perform in the coming days will be something to watch out.



    This article (Worst Week for Global Stock Markets: Coronavirus Impact in 10 Points) is authored by Equitymaster.

    Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Worst Hit Indian Sectors Amid Coronavirus Pandemic: 10 Points to Know

Posted by Equitymaster
      

Coronavirus fears have spooked the investors worldwide with BSE Sensex and NSE Nifty falling over 25% this month, in line with many other global indices.

After sharp corrections in three trading sessions on March 9, March 12, and March 16 by 5.1%, 8.1% and 7.9% respectively, the Sensex crashed by an overall 22% this month.

Let's dive a bit deeper and look at how the impact has been on individual sectors...

  1. While all sectoral indices are in a sea of red since the outbreak of coronavirus, here's a look at the worst hit sectors since coronavirus outbreak:
    Sector Since 1 March (%) Since 1 Jan (%)
    BSE Metal -30% -45%
    BSE Bankex -31% -37%
    BSE Oil & Gas -24% -36%
    BSE Auto -24% -36%
    BSE Finance -30% -36%
    BSE Realty -31% -36%
    BSE Capital Goods -25% -33%
    BSE Power -22% -32%
    BSE Basic Material -26% -32%
    BSE Consumer Discretionary -24% -28%
    BSE IT -25% -27%
    BSE FMCG -18% -22%
    BSE Consumer Durables -24% -20%
    BSE Healthcare -15% -15%
    BSE Telecom -18% -14%
    *Note that prices are as on 19 March 2020
  2. As you can see in the table above, metal sector has been hit the worst on year-to-date (YTD) basis. Note that, the sector has been witnessing selling pressure since last two years. The coronavirus situation has only exacerbated the situation.
  3. Another sector that is largely impacted is banking and NBFCs. After being the most preferred in the Indian equity indices for over half a decade, things have changed for stocks in the financial sector. In India it is a double blow for financial sector in the form of YES Bank fallout and prolonged slowdown which increased the chances of credit quality deterioration.
  4. To put things into context, foreign institutional investors (FIIs) were heavily positioned in the Indian financial space, and stocks in the sector witnessed maximum inflows during good times. Downward spiral for financial sector began since IL&FS crisis.

    Both, BSE Bankex and BSE Finance Index have plunged over 30% since the beginning of the month.
  5. Shares of most hotel, leisure and airline firms have tumbled over 60% year-to-date, as the coronavirus outbreak across the world has forced people to cancel vacation plans. India also stand to lose foreign tourists due to the entry restrictions that have been put in place. And this has meant things getting worse for hotels and airlines sector.
  6. Out of the 90 stocks listed on BSE from tourism, hospitality and film distribution segments, only 15 have given positive returns YTD.
  7. Another sector that's facing the brunt is the automobile sector. Coronavirus couldn't have come at a worse time for India's auto sector that is battling a prolonged slump in demand. The virus outbreak has added to the pain, hitting production and lowering the demand even further as consumer spending is unusually low. Reportedly, the correction in the auto index is now close to what was seen during the 2008 global financial crisis. BSE Auto Index is down 36% on a YTD basis.
  8. The fall in other indices like FMCG, consumer durables, capital goods and IT is relatively moderate as they do not have any direct impact of the pandemic. However, they too have been witnessing selling amid the sharp correction in Indian share markets.
  9. Interestingly, Indian pharma has been doing much better than the overall index. Since the beginning of March 2020, the Sensex is down by 26% while the BSE Healthcare index is down only by 15% (till 19 March 2020).
    • One factor is the rupee weakness which has weakened well beyond the Rs 75/$ mark. A weak rupee helps exporters and pharma obviously benefits.
    • Another factor is the spread of the novel coronavirus has led global investors to rush for pharmaceutical stocks recently, on back of a rise in demand for generics and branded generics leading to shortages and over-pricing for drugs.
  10. However, as the markets took a breather on Friday, the sectors that rallied the most were BSE FMCG, BSE IT and BSE Oil & Gas indices, gaining over 8% each.

What do you think will be the long-term impact for these sectors? Well, you can let us know by dropping your views in the comments section below.

While most sectors have been falling, our co-head of research, Tanushree Banerjee believes in long term, Indian auto ancillaries, textiles, chemical companies, Pharma R&D contract manufacturers, will all be the major beneficiaries of what she calls the Rebirth of India megatrend.

Also, in times like these, our special report, How to Trade the Coronavirus Crash, will help you get a grip on the current market situation...and figure out ways to profit from it.

This is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. I strongly recommend you read it now. Claim your FREE copy here...

Happy Investing!



This article (Worst Hit Indian Sectors Amid Coronavirus Pandemic: 10 Points to Know) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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How Coronavirus Hit FII Flows - 6 Points

Posted by Equitymaster
      

With the ongoing panic in the global as well as Indian stock markets, there is no end to foreign investors dumping Indian shares.

This wasn't the case a while back. Foreign institutional investor (FII) were making a beeline for Indian equities few months back.

How has this trend been so far this year? What has changed in recent weeks and months? And what's behind the heavy movement of foreign funds in India?

Let us look at some key points to answer these questions...

  1. September 2019: FII Money Returns to India Again

    If we track the trend of FII flows in financial year 2019-20, after the Union Budget in July 2019, foreign investors began selling. They pulled out a ton of money from Indian equities.

    Why? Well, they were disappointed with the budget as it did not address the key concerns the economy was facing.

    However, the month of September was a different ballgame altogether as foreign money once again made its way into Indian equities. Not surprisingly it was also the month in which the Government made amends for its failed budget.

    This is evident in the chart below:

    September 2019: Foreign Money Returns to India Again

  2. 3rd Quarter 2019-20: FIIs Keep Pouring Money in Indian Equities

    There were two reasons behind the above FII rush to Indian equities:

    1. Clarification by the FM that the tax on the super-rich was not applicable on foreign investors
    2. Cut in corporate tax rates, among other efforts, that had the potential to make Indian manufacturing globally competitive

    Both the above points strengthened the case for investing in Indian for FIIs.

    And they kept on pouring money in the following months.

    Here's how much money came by FIIs to Indian stock markets in the third quarter of FY20:

    Month Net Investment (Rs, m)
    Oct-19 85,956
    Nov-19 129,249
    Dec-19 6,941
    Total 222,146
    Data Source: Equitymaster
  3. 2019: Best FII Flows in Six Years

    Overall, in calendar year 2019, FIIs pumped in a net of more than Rs 1,000 bn (billion) in Indian stocks. This made it their best such infusion in six years. The previous high was Rs 1,130 bn in 2013.

  4. 2020: The Downtrend Starts

    The buying trend, however, didn't last long. FIIs rushed out of India amid concerns of slowing economic growth and high stock valuations.

    In the month of January, they pulled out Rs 126.8 bn from Indian stock markets.

  5. Feb-Mar 2020: Coronavirus Triggers FII Sell off

    The selling intensified further in February and March 2020. The major trigger was the coronavirus led panic sell-off across global financial markets.

    In February and March, Nifty and Sensex corrected sharply. It was not just Indian share markets but even global indices like the Dow Jones, NASDAQ, FTSE, DAX, CAC and the Nikkei that witnessed the brunt.

    In the Indian context, the stock market correction was exacerbated by the weak foreign investor sentiments. The real surprise was not the FII selling. It was the ferocity and the intensity of the selling in such a short span of time.

    From February 14th, the FIIs have been sellers on all days except one.

  6. March FII Outflows to date to Surpass the 2008 Crisis Level

    So far in March, FIIs have sold a net of Rs 478.9 bn of Indian shares.

    And this makes the outflows of the month set to surpass the 2008 crisis level.

    While India is still better placed relative to other emerging market peers, the wipe-out has been massive.

What Should Market Participants Do?

There is no denying that FIIs play an important role in the Indian stock markets.

Strong FII participation is good from the domestic investors' point of view in the sense that it leads to enhanced liquidity and greater depth in the market.

However, in the event of FIIs pulling out on a larger scale and a free fall in the markets, the correction in valuations of fundamentally solid companies would be just temporary. It may in fact offer some lucrative value buying opportunities.

How do you zero in on these opportunities?

Our special report, How to Trade the Coronavirus Crash, has the answer. Just claim your FREE copy here...



This article (How Coronavirus Hit FII Flows - 6 Points) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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How Corona Crash Hit Indian Financial Markets in March 2020 - 6 Charts

Posted by Equitymaster
      

Stock markets around the world witnessed one of the most painful correction phases in the month of March 2020.

Indian stock markets too mirrored the trend.

Here are six charts showing how Indian financial markets performed in March 2020.

  1. Record Wealth Destruction

    In the month of March 2020, the Sensex fell as much as 23%.

    It is not the month where the market has fallen the most. That honor goes to October 2008 where markets tanked 23.9%, beating the 23.1% the market lost last month by a whisker.

    However, March 2020 wins hands down in wealth destruction.

    Wealth destruction of Rs 4.4 lakh crores back in 2008 pales in comparison to the Rs 14.6 lakh crores worth of wealth destroyed on the Sensex in the last month alone.

    March 2020 the Second Worst Month in History

  2. Huge Selling Pressure for Individual Stocks

    Except two, all the stocks in the BSE Sensex plunged in March 2020.

    The decline was mainly led by banking stocks and financial stocks.

    Stocks such as IndusInd Bank, Bajaj Finance, and Axis Bank fell as much as 40%-70%.

    Top BSE Gainers and Losers in March 2020

  3. All Sectors in a Sea of Red

    Among sectors, all the BSE indices gave negative returns in March 2020.

    BSE Realty, BSE Bankex, BSE Finance, and BSE Auto Index fell more than 30%.

    It was a double whammy for banking and finance stocks that witnessed most of the brunt on the back of coronavirus outbreak and Yes bank crisis.

    Worst Hit Sectors in March 2020

  4. Crude Oil Slumps Over 50%

    Crude oil crashed over 50% in March 2020.

    The fall was seen because of oversupply amid subdued demand.

    Oil prices crashed last month in what was the worst price dip since the 1991 Gulf War with Brent prices plunging to US$ 31 per barrel.

    Oil markets faced a double whammy from the coronavirus outbreak and a price war between Saudi Arabia and Russia after OPEC and other producers failed to agree on deeper cuts to support oil prices in early March.

    Shares of oil marketing companies such as Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL), GAIL, ONGC, Indian Oil Corporation (IOC) and Indraprastha Gas were in focus in March amid record low crude oil prices.

    They witnessed buying interest and capped most losses led by the stock market crash.

    In his latest video, Ajit Dayal shares his views on the impact of the coronavirus crisis and the oil price war on the Indian economy and the stock market. You can view the same here.

    Crude Oil Continues Free Fall

  5. Gold Prices Shine

    Base metals also remained under pressure as lockdown imposed in several parts of the world curbed demand, pushing stockpiles higher.

    However, gold prices rose 3% in March 2020 as demand for the safe haven asset rose with market participants bracing prolonged uncertainty in the wake of the novel coronavirus outbreak.

    To know more about gold, you can check one of Vijay Bhambwani's recent articles here: Is the Price of Gold About to Go Higher?

    Gold Witnesses Buying

  6. Rupee Hits Record Low in March 2020

    Massive sell-off in equities and bonds led to a huge fall in rupee against the dollar in the month of March.

    The rupee hit a record low of 76.32 against dollar earlier this week.

    Most of the selling pressure for rupee was seen on the back of slump in equities and currencies globally. Investors were concerned that support measures from governments and central banks may be insufficient to halt the economic damage caused by the coronavirus pandemic.

    Rupee Continues Downtrend

So, that was a round-up on how Indian financial markets performed in the month of March 2020.

At times like these, while we must do everything we can to guard against the coronavirus, we must not ignore our money.

Our special report, How to Trade the Coronavirus Crash, will help you get a grip on the current market situation...and figure out ways to profit from it.

This is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. I strongly recommend you read it now. Claim your FREE copy here...

And rest assured, Equitymaster is with you all the way on this journey. To that end, we have decided to offer you two of our premium learning courses free!

From the comfort of your home, you can learn the basics of fundamental investing with Equitymaster Secrets and the ins and outs of making money using derivatives with Derivantage. Get started right away.

Happy Investing!



This article (How Corona Crash Hit Indian Financial Markets in March 2020 - 6 Charts) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Indian Banking Sector Amid the Corona Crash - 10 Points to Know

Posted by Equitymaster
      

Most sectors in the Indian share markets have been drowning in a sea of red due to the crash led by coronavirus outbreak. The biggest blow, however, has been felt by the banking sector.

The sector was already reeling under pressure due multiple factors for quite some time. And things started getting worse since the start of 2020.

Here's a timeline showing some major events that happened in the Indian banking sector and led to the slowdown we are witnessing in the past few months...

  1. Mounting Pile of Bad Loans: Indian banks have for years worked to beat down mounting piles of bad loans of the sort that led to the Yes Bank fallout. The ratio of gross non-performing assets (NPAs) at Indian banks rose to 11% in 2018 from about 2% in 2008, before starting to ease off.
  2. IL&FS Crisis Kicks Off the Downward Spiral: Foreign institutional investors (FIIs) were heavily positioned in the Indian banking and financial space, and stocks in the sector witnessed maximum inflows during good times. However, they started noticing cracks with consistent negative performance in the banking and financial sector and started moving out of them. The downward spiral for these sectors began since IL&FS crisis camec out into the open.
  3. Credit Quality Deteriorates: After being the most preferred sector for over half a decade, things started changing for stocks in the banking sector since 2020. This came as the sector witnessed a double blow in the form of YES Bank fallout and prolonged economic slowdown. And all this only led to credit quality deterioration for banks.
  4. YES Bank Crash: The Yes Bank crisis and the sight of Rana Kapoor being taken to court in early March came in as one of the worst months for India's banking sector.
  5. Bailout for Yes Bank: To save Yes Bank, a range of Indian lenders led by the State Bank of India (SBI), infused funds in return for an equity stake. The episode came as a jolt to investors, who worried it could exacerbate vulnerabilities in the financial system.
  6. Panic Selling Amid SC Order: Then came another blow. Before the dust settled on Yes Bank, the Supreme Court ruled that telecom operators must pay dues worth billions owed to the government. This caused panic-selling in bank stocks due to their heavy exposure to the telecoms sector.
  7. Coronavirus Threat: The challenges now facing India's banking sector have reached another order of magnitude due to the coronavirus threat to the economy. Banking stocks have been among the hardest hit.
  8. Sharp Fall for BSE Bankex: The BSE Bankex has fallen about 46% so far this year, outpacing the 32% fall in the BSE Sensex. Shares of Axis Bank and IndusInd Bank have lost the most during this period.
  9. Relief Measures: Owing to all these shocks, banks have sought various relief measures. On 27 March 2020, the Reserve Bank of India (RBI) came out all guns blazing to arrest a potential slowdown caused by coronavirus (Covid-19). It did not just lower the cash reserve ratio (CRR) by 1% to 3% but also cut the repo rate by 0.75%. Also, there is a three-month moratorium on payment of loan installments.
  10. PSB Merger: Then came the major announcement effective from 1 April 2020. First announced in August 2019, the government's ambitious plan to merge 10 state-owned banks into four came into effect from 1 April 2020. The move, aimed at strengthening the banking system and creating more large institutions with size and scale, has seen...
    • Oriental Bank of Commerce and United Bank of India merged into Punjab National Bank,
    • Andhra Bank and Corporation Bank merged into Union Bank of India,
    • Allahabad Bank merged with Indian Bank, and
    • Syndicate Bank amalgamated into Canara Bank

So, that were some top pointers on what the Indian banking sector has been going through amid the coronavirus led stock market crash.

I reached out to Tanushree Banerjee, who is closely tracking the banking sector in the current scenario. Here's her view on the sector...

  • The Covid-19 lockdown has hit cash flows of both individual borrowers and corporates. This, in turn, will impact their loan repayment capability.

    The RBI's repo rate cut came as a temporary lifeline for Indian companies with debt on books. It will offer both companies and retail borrowers some breather. If banks use this phase judiciously, it may save the NPA ratios from worsening significantly.

    However, only the banks that have adequate capital and provisioning cushion may be able to tide over the economic crisis. Eventually, another round of consolidation in private sector banks, like the one after 2002, cannot be ruled out.

Tanushree's latest StockSelect recommendation is one such midcap bank.

You can read the entire report here (requires subscription).

Also, speaking of ongoing stock market crash, our special report, How to Trade the Coronavirus Crash, is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. You can claim your FREE copy here...

And rest assured, Equitymaster is with you all the way on this journey. To that end, we have decided to offer you two of our premium learning courses free!

From the comfort of your home, you can learn the basics of fundamental investing with Equitymaster Secrets and the ins and outs of making money using derivatives with Derivantage. Get started right away.

Happy Investing!



This article (Indian Banking Sector Amid the Corona Crash - 10 Points to Know) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.




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Shoaib Akhtar: Give Dhoni a nice send-off

Former Pakistan pacer Shoaib Akhtar says he cannot fathom why Mahendra Singh Dhoni has "dragged it for so long" as the right time for the maverick ex-India skipper to call it quits was after last year's ODI World Cup. Akhtar said he hopes the 38-year-old Dhoni gets a resounding farewell despite his resolute silence on what the future holds. "This guy has served to the best of his ability. He should leave cricket with dignity. I don't know why he dragged it for so long. He should have retired after the World Cup," Akhtar told PTI from Islamabad.

"If I would have been in his place, I would have hung up my boots. I could have played shorter formats for three-four years but I left [after the 2011 WC] as I wasn't into the game 100 per cent. So why drag?" he asked. Dhoni, who has not played a competitive game since the World Cup semi-final in July, was preparing to make a much-anticipated comeback with the IPL, which is now unlikely to take place due to the COVID-19 pandemic. If he had done well in the IPL, there was a possibility of him playing the T20 World Cup in October-November. Akhtar believes Dhoni is now in a limbo but deserves a grand send-off despite the anti- climactic turn of events.


Shoaib Akhtar

"As a country, you should let him go with a lot of respect and dignity. Give him a nice send off. He has won you the World Cup and done wonders for India. He is a wonderful human being at the same time. But right now, he seems to be stuck," he said. Akhtar said Dhoni should have ideally retired after last year's 50-over World Cup. "When he could not finish the game in the semi-final [v New Zealand], I felt he should have retired. Only he can answer why he didn't. He should have played a farewell series after that World Cup probably and then said goodbye in a manner befitting his great stature." Talking about the Indian team's inability to win a global event since the 2013 Champions Trophy, Akhtar said Virat Kohli's said: "Winning tournaments is one thing but staying at top is another. India is still the top-ranked Test team and among the top teams in the limited-overs format. We can't rate their performance only in ICC events.

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So many questions unanswered: Kumar Sangakkara on Sri Lanka Easter bombing

Former Sri Lanka captain Kumar Sangakkara on Sunday said someone must answer to the questions which are still unanswered in regards to the Sri Lanka Easter bombing last year.

"A year on we all share the pain of the families grieving lives lost, we stand with you and for you. We remember. So many questions still unanswered, but answer them someone must," Sangakkara tweeted as people across the world celebrated Easter on Sunday.

Sri Lanka celebrated a quiet Easter Sunday amid the coronavirus lockdown, while remembering the victims of the terror attacks that killed at least 270 people on the resurrection day last year. People largely stayed indoors and offered prayers from home with the Archbishop of Colombo, Cardinal Malcolm Ranjith, leading an Easter mass from a TV studio because of the pandemic.

The attacks wounded over 500 and deepened communal tensions in Sri Lanka. The bombings, carried out by local Islamist extremists with suspected foreign ties, was claimed by the Islamic State. Police said that they have killed or arrested all suspects in various counter-terror operations carried out in the days after the mayhem.

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Virender Sehwag reveals his batting inspiration is this Ramayan character

Former Indian opener Virender Sehwag has stated the real inspiration behind his swashbuckling batting technique was 'Angad' -- a character in mythological epic 'Ramayan'.

Sehwag, who was known for his great hand-eye coordination with minimal footwork, on Sunday shared a picture of 'Angad' on Twitter and said: "So here is where I took my batting inspiration from. Pair hilana mushkil hi nahi, namumkin hai. #Angad Ji Rocks."

According to mythology, it is believed that Angad -- who was part of vanar sena which helped Lord Ram in rescuing his wife Sita from Lanka -- was sent as an emissary to the court of Ravan in order to avoid war.

However, Ravan declined the offer and then to break his ego, Angad challenged that if anyone present in the court would be able to lift his feet from the ground then Lord Ram would accept defeat and leave Lanka.

But it is believed that none of the warriors present in Ravan's court was able to lift Angad's feet.

Sehwag, who played 251 ODIs and 104 Tests for India, scored 8,273 and 8,586 runs respectively. In fact, he is the only Indian cricketer to hit two triple centuries in Test cricket.

The swashbuckling opener also played 19 T20Is for India in which he amassed a total of 394 runs.

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Coronavirus adds to uncertainty over AB de Villers' South Africa return

South African swashbuckler AB de Villiers says he doesn't want to create any "false hopes" of a much-awaited comeback at the T20 World Cup this year, which, he feels, could be postponed due to the COVID-19 pandemic. The outbreak of COVID-19 has forced the cancellation or postponement of many events but the T20 World Cup remains on schedule in Australia later this year for now. "I can't see six months into the future. If the tournament is postponed to next year a whole lot of things will change. At the moment I feel available, but at the same time I don't know how my body will see it and if I will be healthy at that time," De Villiers told Afrikaans-language Sunday newspaper 'Rapport'.

"...I might get to a point where I have to tell 'Bouch' (coach Mark Boucher) I was interested, I would like to play a role but I'm not going to be able to play myself. I'm afraid of such a commitment and creating false hope," he added. De Villiers said he does not feel entitled to walk into the South African team as has been alleged in the past. "If I am 100 per cent as good as I want to be, then I will be available. But if I am not I won't open myself up to that because I am not the type of person who does things at 80 per cent. Then I have to do trials and show 'Bouchie' I'm still good enough. "They should choose me because I'm really better than the guy next to me. I've never been the type of person who felt I should get just what I wanted."

The T20 World Cup in Australia in October and November could be a perfect stage for de Villiers coming back but he was mindful of avoiding a repeat of the debacle that unfolded during last year's 50-over World Cup in England after reports emerged that he casually expressed offer to come back and was rejected. "I am uncertain about giving a definite answer because I have been very hurt and burned in the past. Then people will again think I have turned my back on our country. I can't just walk into the team. "...I have to work for my place and deserve it. It was very hurtful for me last year when people thought I assumed there was a place for me. I feel available and I will give it a go with everything I have, but I don't want special treatment."

If de Villiers can make a comeback, the credit would go to South Africa coach Mark Boucher, who convinced him to rethink his retirement decision, taken in 2018. "I could write a book on 'Bouchie's impact just on my life, never mind cricket. I rediscovered that when I played under him at the Spartans (in the Mzansi Super League) in December. He was born to be an instructor. When he talks there's respect." "'Bouch' asked me why don't I give it another go," de Villiers said. "I've always said to him, 'I've never not wanted to be there. I've always wanted to be there. It's just, my life has changed'." De Villiers played in 176 of Boucher's 461 matches for South Africa across the formats.

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Former Pakistan cricketer Zafar Sarfraz dies of coronavirus at age 50

Former Pakistan first-class cricketer Zafar Sarfraz has died of COVID-19. According to a report in geo.tv, Zafar succumbed to the novel coronavirus at the Lady Reading Hospital late Monday. The 50-year old is the first professional cricket player from Pakistan to succumb to the coronavirus, after testing positive last Tuesday. He had been on a ventilator for the past three days, hospital officials added.

Zafar, a left-handed batter and slow left-arm orthodox bowler, played first-class cricket from 1988 to 1994 and List A cricket from 1990 to 1992. He made 616 runs from 15 first-class games for Peshawar and also had 96 runs from six one-day games before retiring in 1994 and moving on to coach both the senior and the Under-19 Peshawar teams in the mid-2000s.

Zafar was the brother of late Pakistan international cricketer Akhtar Sarfraz, who went on to play four ODIs between December 1997 and October 1998, scoring 66 runs in four innings.

Last month, great Pakistani squash player Azam Khan had also died of novel coronavirus at the age of 95. Azam, who won four consecutive British Open titles between 1959-62, had tested positive for COVID-19 in March end and breathed his last in London's Ealing Hospital.

Over 5,000 confirmed coronavirus cases have been reported so far in Pakistan, including 96 deaths.

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Virat Kohli is good enough to adapt to any situation: Nathan Lyon

As all sporting action across the world has come to a halt due to the coronavirus pandemic, Australian bowlers are pondering as to how Indian skipper Virat Kohli might play in front of no spectators. India and Australia are scheduled to play a four-match Test series later this year, and it is being speculated that the series might end up taking place without any crowds due to the COVID-19 pandemic. Australian spinner Nathan Lyon on Tuesday said that it would be interesting to see how Kohli goes about it if he does not get a chance to get the audience behind him. "He is probably good enough to adapt to any scenario. But I was talking to Mitch Starc the other day and we actually said that if we are playing with no crowd, it'll be quite amazing to see Virat trying to rev up the empty seats," cricket.com.au quoted Lyon as saying.

"It is going to be a little bit different, but Virat is a superstar. He will be able to adapt to any climate that we are able to play in," he added. During the 2018-19 series, India managed to defeat Australia in Australia for the first time in a Test series. Australia, at that time were without the services of David Warner and Steve Smith. However, the series later this year promises to be a mouth-watering prospect. "I am excited about the prospect of India coming out to Australia, it's up there with the biggest series alongside the Ashes. They are an absolute powerhouse of the cricket world, and to have those guys out here is going to be fantastic. Playing in front of crowds or no crowds is out of our control, we have got to follow the advice of all the amazing medical people around the world," Lyon said.

"I have not thought about no crowds or massive crowds, it is just about the opportunity of playing against India again. They had the wood over us last time they came over here but we are a much stronger Australian cricket side at the moment, and I am just unbelievably excited about playing them here at home," he added. Lyon was slated to represent Hampshire in County Championship this year, however, his stint was called off last week due to COVID-19. He is Australia's third-highest wicket-taker in the longest format of the game as he has total of 390 wickets in Test cricket. Lyon was last seen in action in the Big Bash League for Sydney Sixers.

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R Ashwin reveals the misconception he had about cricket while growing up!

Indian spinner Ravichandran Ashwin on Tuesday revealed the misconception he had about cricket while growing up.

The International Cricket Council had posted a tweet, asking everyone to reveal the misconception they had about cricket growing up.

To this Ashwin replied: "That all cricketers had aerated drinks to regain lost energy and keep good health".

Ashwin was last seen in action during India's two-match Test series against New Zealand in February this year.

The off-spinner played just one match in the series and went on to take three wickets in it.

India ended up losing the series 0-2, but the side is still at the top of the World Test Championship standings.

All sporting action across the world has come to a halt due to the coronavirus pandemic.

Ashwin would have been in action for Delhi Capitals in the Indian Premier League (IPL) if the tournament had started on March 29.

However, the tournament was postponed until April 15 due to the coronavirus pandemic.

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Shahid Afridi backs Shoaib Akhtar's IND-PAK proposal, says Kapil's response surprised him

Disappointed with Kapil Dev's response, Pakistan's Shahid Afridi has backed his former teammate Shoaib Akhtar's proposal for an ODI series against India to help raise funds for the less privileged in their fight against the COVID-19 pandemic.

Afridi told reporters in Kohat that he was surprised by the comments of Indian great Kapil and former IPL chairman, Rajeev Shukla, who outrightly dismissed Akhtar's suggestion. "The entire world is fighting against coronavirus and we need unity in our region to defeat this common enemy. Such negative comments don't help at all," Afridi said. "I don't see anything wrong with Shoaib Akhtar's suggestion for Pakistan and India to play cricket. "Kapil's reaction has surprised me. I expected better from him and feel one should not talk like this in these crisis times." Afridi said that he was also surprised at some of the "negative comments" Indian stars Harbhajan Singh and Yuvraj Singh's support for his charity foundation attracted.

"Sport is supposed to bring people together and build bridges. It is pretty disappointing." Afridi also urged Prime Minister Imran Khan to order the Pakistan Cricket Board (PCB) to restore departmental cricket in the country to save the livelihood of hundreds of domestic players. "I myself played for the departments and witnessed how departments really salvaged domestic cricket in Pakistan and helped it thrive decade after decade.

"Departments take good care of the players and spend lots of money on the development of domestic cricket, so how can departmental cricket hurt Pakistan cricket," questioned Afridi. He also questioned the PCB and the Pakistan team management for making a fitness of players a big issue. "They are always talking about hard training and fitness tests. I have never seen fitness tests taken with such frequency and the result is that many players are getting injured and many of them are also unhappy with the situation."

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Video: Hardik Pandya asks Natasa Stankovic, 'baby main kya hoon tera? and her reply is hilarious!

India cricketer Hardik Pandya is not just an entertainer on the cricket field but off it too.

On Tuesday, a video of Hardik Pandya surfaced on Instagram where he is seen entertaining his social media followers alongside fiancee Natasa Stankovic.

In the video that went viral, Hardik Pandya asks Natasa Stankovic, "Baby, main kya hoon tera? [who am I to you]." The Serbian model-actor hesitates for a bit before replying: "Jigar ka tukda [a piece of my heart]" after which both burst out laughing at her accent. Take a look at the video below.

Hardik Pandya and Natasa Stankovic's dating rumours began in early 2019. Hardik Pandya shocked the world when he announced that he proposed to Natasa Stankovic on New Year's Day 2020 confirming that they were engaged.

Natasa Stankovic has appeared in many reality shows, most notable ones being, Bigg Boss 8 and Nach Baliye 9.  

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Matt Henry's contract with Kent cancelled due to coronavirus crisis

New Zealand pacer Matt Henry will not be playing for England's county Kent Cricket due to the ongoing COVID-19 pandemic and disruption to the 2020 county cricket season.

"Kent Cricket can confirm that New Zealand International Matt Henry will no longer be joining the Club for the first seven County Championship matches of 2020," the club said in a statement.

Henry was due to join Kent - for whom he starred in 2018 - for seven County Championship games at the start of the season, but with all professional cricket cancelled in the UK until May 28 at the earliest, it became clear that he would be unable to play for the club.

The Kiwi player becomes the fourth player - after Nathan Lyon, Cheteshwar Pujara and Michael Neser - to miss out on a stint in county cricket due to the virus.

Paul Downton, Kent's director of cricket, said: "Once the decision was announced by the ECB that there would be no cricket until at least the end of May it became inevitable the Matt would not be returning to Kent this season."

"The club continues to enjoy a good relationship with Matt. He has many friends here and the overwhelmingly positive feedback we received when we announced that he would return in 2020 is a measure of Matt himself: he's a fantastic person on and off the cricket field," he added.

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Watch video: David Warner joins TikTok on fan's request, asks for help

With the coronavirus outbreak bringing the world to a standstill, sporting events across the globe have either been cancelled or suspended and that has seen sporting heroes spending time with fans on social media. And Australia opener David Warner has now opened a TikTok account and has asked fans to help him.

Taking to Instagram, Warner wrote: "Ok, I have zero idea what's going on but have been told to do tik tok by my 5 year old @davidbullwarner31 and I have zero followers I need some help please and they love @tonesandi."

Warner had earlier shaved his head in support of those working on the frontline for COVID-19. "Been nominated to shave my head in support of those working on the frontline #Covid-19 here is a time lapse. I think my debut was the last time I recall I've done this. Like it or not??" Warner said in an Instagram post with a video of the dashing left-hander trimming his hair in time-lapse mode.

The Australia opener has been constantly interacting with fans on social media and he took to Instagram to show fans a shoot from last year during the IPL where he is wielding the bat like a sword just as Ravindra Jadeja does after scoring a fifty.

Taking to Instagram, he posted the video and wrote: "Throwback to this time last year to a commercial we were doing for @sunrisershyd Do you think I've got @royalnavghan covered for the sword?"

Warner's teammate and former Australia skipper Steve Smith had said that he was hoping that the IPL is played out at some stage this year rather than getting cancelled due to the pandemic.

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Let's laugh it off! Ex-Mumbai Club cricketer trying to make a difference through free online sessions

With most people struggling with the Coronavirus pandemic-caused lockdown, staying upbeat is becoming a challenge.

Former Mumbai club cricketer and coach Kishore Harkisandas Kuvavala, 73, who is also a laughter therapist, is trying to make a difference albeit in the virtual space.

For the last 18 days, every evening at 6.30, Babulnath-resident Kuvavala goes live goes live from his Facebook account in an attempt to make people laugh and relieve some stress.

'Stress, a bigger threat'

He claims around 350 to 400 people join him live everyday for his fitness and laughter sessions. "Most people are worried about Coronavirus even if they are confined 24x7 to their homes. They are only watching and hearing about the pandemic during the day through various mediums. Corona will not be the biggest killer, but stress will surely have a huge impact on everybody.

There is nothing else left for people to talk about except Corona, it seems these days. So, I am trying to ease a bit of tension that's surrounding us today. Laughter is the best medicine. I have been championing this cause for over two decades now. I feel it can make a lot of difference to people especially in these times," a fit Kuvavala tells mid-day.

Kuvavala has always believed in leading an active life. He played competitive cricket on Mumbai's local circuit till he was 50. Kuvavala owes a lot to cricket. He got the Bank of Baroda job for his cricketing credentials. "I led the bank team too," he says with pride.

He played the famous Dr HD Kanga Cricket League in the 'A' Division for Young Maharashtra Cricket Club. He was also a Managing Committee member of the Mumbai Cricket Association in 1988-89 before taking up coaching.

Fitness first

Kuvavala decided to work towards spreading awareness on the importance of fitness after giving up the sport. In 1995, he began his journey as a laughter therapist, starting with lessons at Priyadarshini Park. Before the lockdown, Kuvavala and his group of 30 to 35 people would gather each morning at Chowpatty on Marine Drive for their dose of laughter. "Do we ever laugh at ourselves? When we do that, we laugh from the heart. There is an expression and feel involved in it. It is the best form of exercise. It fills you up with positivity," explains Kuvavala, who is often invited by top hospitals for laughter sessions. He also conducts laughter therapy activities for corporates. "I do that for a fee, though," he clarifies. "People nowadays have forgotten to laugh," he remarks.

With anxiety and sadness around due to the pandemic, all that Kuvavala wants to ensure is that people do not stop smiling.

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Shoaib Akhtar responds to Sunil Gavaskar: There was snowfall in Lahore

Former Pakistan fast bowler Shoaib Akhtar responded to Sunil Gavaskar after the former India skipper said that it was more likely to snow in Lahore than a bilateral series to take place between India and Pakistan any time soon. Akhtar pointed out in a tweet that there was indeed snowfall in Lahore last year. "Well Sunny bhai, we did have a snowfall in Lahore last year.. So nothing is impossible," said Shoaib in his tweet which included an image of Gavaskar with his quote and an image of snow in Lahore.

Akhtar was the first to suggest that India and Pakistan should play a bilateral series to raise funds in the fight against coronavirus for both countries. Gavaskar however said in a Youtube chat with former Pakistan captain Ramiz Raja that any possibility of such a series happening is next to nothing. "There are more chances of snowfall in Lahore than bilateral series between India and Pakistan," said Gavaskar in a Youtube chat with former Pakistan captain Ramiz Raja.

"Both teams will keep on meeting in World Cups and ICC tournaments, but a series between them seems unlikely right now." Earlier, Akhtar's suggestion got backing from his former teammate Shahid Afridi. But India's 1983 World Cup winning captain Kapil Dev said that the match wasn't needed because India doesn't need funds.

"The entire world is fighting against coronavirus and we need unity in our region to defeat this common enemy. Such negative comments don't help at all. I don't see anything wrong with Shoaib Akhtar's suggestion for Pakistan and India to play cricket. "Kapil's reaction has surprised me. I expected better from him and feel one should not talk like this in these crisis times. Sport is supposed to bring people together and build bridges. It is pretty disappointing," Afridi had said.

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PCB: Won't agree for Asia Cup cancellation to accommodate IPL

Pakistan Cricket Board chairman Ehsan Mani has asserted that the PCB will not agree to cancelling the Asia Cup, scheduled in the UAE in September, to make room for the Indian Premier League, which has been postponed due to the COVID-19 pandemic. The IPL was to be held from March 29 to May 24 but has been postponed indefinitely because of a extended lockdown to combat the deadly virus in India. "I have read and heard about these speculations but right now just remember that having or not having the Asia Cup is not a decision between Pakistan and India it involves other countries as well," asserted Mani here on Tuesday.

Pakistan were to host the event but it was shifted to Dubai and Abu Dhabi after India expressed reluctance to come here owing to security concerns and the strained diplomatic ties between the two countries. "...it is important to have the Asia Cup if cricket activities resume by then because development of Asian cricket depends on funding from the tournament. It is important for many countries who are members of the Asian Cricket Council," he added in a podcast released by the PCB.

However, he also conceded that holding the Asia Cup this year is a big challenge because right now "we don't know if it can be held or not." "But if the conditions change and we can have the Asia Cup, it must be held as earnings from it are distributed as development funds to member countries for next two years," he said.
He said reports about the Asia Cup being hosted by Bangladesh or UAE were mere speculation at this stage.

Speaking about another big event, Mani warned that if the T20 World Cup, to be held in Australia in October-November, is postponed, the financial fallout will be big for many countries. "The financial impact will be felt by many countries if the ICC can't distribute their shares from the tournament. Many countries including Pakistan will feel the pinch," he admitted.

Mani confirmed that Pakistan was to receive around USD 7 to 8 million in June and January. "Pakistan is fortunate it has good financial controls in place and in short term, it will be better off than most countries if the lockdowns continue because of the coronavirus pandemic," he claimed. "We are to get 7 to 8 Million dollars from the ICC in June but we know they might not come so we have planned accordingly," he added.

On whether Pakistan's forthcoming tours to Holland, Ireland and England between late June and August will gohead, Mani said the PCB was prepared for disruptions.
But he ruled out resumption of international cricket in empty stadiums. "Empty stadiums also offer their big challenges as teams have to travel by air and stay in hotels so the risks start there. The logistical arrangements have to be manageable," he explained. Mani said Pakistan was prepared to show goodwill and flexibility and support the hosts of these tours.

"We wouldn't mind if two series are held at the same time like one team playing Tests and another white-ball cricket. In these difficult times we need to support each other," he said. Mani also revealed that Pakistan had shown interest in hosting several ICC tournaments to be held between 2023 and 2031, including the ICC Youth Cup and World Cups.

"Unfortunately the last time the cycle of ICC events were bid for the big three, India, Australia and England distributed all the main events among themselves. This time I can say there are more countries interested in hosting the events," he said.

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KL Rahul should only be used as backup wicket-keeper: Mohammad Kaif

Former cricketer Mohammad Kaif on Wednesday said KL Rahul should only be used as a backup wicket-keeper so that workload on the player can be managed.

"People think that Rahul may become our main keeper in the future. But I feel that Rahul should be used as a backup wicketkeeper, if the main keeper is injured or he is not with the team then Rahul should be there because if you rely on him as the main keeper then chances of injuries will grow as the workload will increase on him," Kaif told ANI.

Kaif also feels that MS Dhoni should feature in the ICC Men's T20 World Cup and ruling the former captain out from the tournament will be 'unfair'.

"See people may have eyes on Dhoni that how he is going to play in the IPL (Indian Premier League) and then there will be talks of the T20 World Cup but my view is different from others. I do not judge Dhoni based on his IPL form. He is a great batsman and he is fit now, he wants to play IPL, do captaincy and is showing his availability. He has a winning mentality and knows how to win games under pressure," Kaif said.

"So, I think ruling him out will be unfair. See a lot of cricket is still left in Dhoni and when a player plays for this long, there are ups and downs in his career. It happens with every cricketer not just Dhoni," he added.

The ICC T20 World Cup 2020 is scheduled to be played between October 18 and November 15 at seven venues across Australia.

As the country continues to fight against the coronavirus crisis, Kaif urged people to adhere to the guidelines laid by the government and stay home.

"My message for the society is to be at home and follow what the government is saying then only we can beat this virus. At this stage, this is something very important for one and all to be at home," he said.

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Michael Holding picks his 'fab 4' fast bowlers across generations

The great Michael Holding has picked South African Dale Steyn among his top-four fast bowlers across generations and his list includes fellow West Indians Malcolm Marshall and Andy Roberts besides Australian Denis Lillee. In a Sky Sports podcast, the 66-year-old said he would pay to watch Steyn, who retired from Tests last year.

"I have experience with those three guys (Marshall, Roberts and Lillee, but just watching, you can't go Dale Steyn outside of photography. He has been one of the great fast bowlers in an era. You'd pay to see it," said Holding, who picked 249 wickets in 60 Tests at 23.68. Steyn picked 439 Test wickets at a stellar average of 22.95 and has one of the smoothest actions in the game. Talking about Lillee, Holding said he was a complete package. "Lillee had it all: rhythm, aggression control. He was extremely fast when he started, but he had to completely reshape his action after a back injury and find different ways to get hitters out after losing a lot of rhythm.

"When you see that someone can adapt in that way, you have to rate him highly, as many players are not as effective when they miss a beat," said Holding, who was nicknamed 'Whispering Death' for his smooth and silent run-up. On fellow West Indians Marshall and Roberts, Holding said: "Malcolm started with a good rhythm, but as time went on he learned a lot about fast bowling. He could evaluate opposition hitters so quickly and so easily.

"In those days you didn't have many tapes or computers, it was all in his head. He understood how to deal with hitters." On Roberts, he added: "Andy was someone I learned a lot from. He hardly ever spoke, he used to walk around the field with a sullen face and people thought he looked aggressive and must be a miserable guy. But that wasn't Andy. "He was my roommate for most of my career and we used to talk about cricket almost every night. A lot of times, we would order food, we would stay in our room and talk about cricket. You would never believe how much this guy knows."

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A lot of cricket left in MS Dhoni, should play T20 World Cup: Mohammad Kaif

Former cricketer Mohammad Kaif on Wednesday backed MS Dhoni to play in the ICC Men's T20 World Cup, saying that the wicket-keeper batsman has 'a lot of cricket' left in him and ruling him out will be 'unfair'.

"See, people may have eyes on Dhoni that how he is going to play in the IPL (Indian Premier League) and then there will be talks of the T20 World Cup but my view is different from others. I do not judge Dhoni based on his IPL form. He is a great batsman and he is fit now. He wants to play IPL, do captaincy and is showing his availability. He has a winning mentality and knows how to win games under pressure," Kaif told ANI.

"So, I think ruling him out will be unfair. See a lot of cricket is still left in Dhoni and when a player plays for this long, there are ups and downs in his career. It happens with every cricketer, not just Dhoni," he added.

Dhoni last played competitive cricket during the 2019 World Cup. India was knocked out of the tournament after suffering a semi-final defeat at the hands of New Zealand. Dhoni was run out in the 49th over after scoring 50 runs. After his dismissal, India failed to chase the 240-run target.

Despite Dhoni failing to take India over the line, Kaif termed him a 'champion player'.

"The semifinal of World Cup which we lost, everyone was expecting Dhoni to win it but it did not happen. So, from there on, people thought that Dhoni should not be there. But for me, Dhoni is a champion player. People should look at Dhoni's record in the last 10 to 15 years. See, the current form is important but at the same time his form was not that bad that you rule him out," Kaif said.

The ICC T20 World Cup 2020 is scheduled to be played between October 18 and November 15 at seven venues across Australia.

As the nationwide lockdown as been extended to May 3 due to the coronavirus, the IPL has been postponed indefinitely. "IPL 2020 season has been postponed indefinitely," sources within BCCI told ANI on Wednesday.

Kaif feels that postponing the league is the right decision as life is more important than sports at the moment.

"In the present scenario, life is more important than sports. I think the decision of BCCI is right. When the situation improves, we will think of sports. Sporting events all over the world have either been postponed or cancelled. In our country, cases are rising. So, as of now, the situation is not under control. So I think it's the right decision because at this stage first priority is to beat coronavirus and save the people," he said.

When asked about his views on the window for IPL, Kaif said: "I feel when things are sorted out and there is the possibility of games to be played, then they (BCCI) will look for options."

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Coronavirus outbreak: ICC may rework World Test Championship schedule

The International Cricket Council (ICC) is 'exploring all options available' to them to complete the World Test Championship amid the coronavirus pandemic. "We are continuing planning for ICC events as they are but given the rapidly evolving situation as a prudent and responsible measure we are also undertaking a comprehensive business contingency planning exercise," a source within ICC told ANI. "This includes exploring all options available to us based on a range of scenarios connected to the pandemic," the source added.

The source further added that as of now, no decision has been taken. The coronavirus pandemic has taken a huge toll on sports all across the globe and cricket also had to bear the brunt of the deadly virus as several series have been postponed owing to COVID-19. In the ongoing World Test Championship, a total of 71 Test matches will be played across 27 series over two years. The championship began on August 1 last year when Australia faced England in Ashes.

The top two teams will then contest in the ICC World Test Championship final in June 2021 in the UK. Currently, India hold the top spot on the World Test Championship table with 360 points followed by Australia and New Zealand with 296 and 180 points respectively.

The second ICC World Test Championship will run from July 2021 to June 2023.

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COVID-19 | Gautam Gambhir: Even Rs 1 donation with right emotion is big

Cricketer-turned-politician Gautam Gambhir has called upon all countrymen to stand united and adhere to the guidelines of the government amid the ongoing lockdown in place in order to win the battle against coronavirus pandemic. "We can only win this war if we stand together and the most important thing is to follow the guidelines," Gambhir said while speaking on Star Sports 'Cricket Connected' show. "If we have been asked to stay at home and not leave our house at any circumstance then it's really important for us to follow this, as it is for the betterment of our nation," he added while requesting people to stay indoors and maintain social distancing.

"Since we were talking about donations, according to me there's no limit, if a person gives one rupee with the right emotion, it's a very big contribution," the former Indian opener further said while calling on people to make a contribution in fight towards COVID-19 which has so far claimed more than 400 lives in the country. Gambhir, who is also a BJP MP from East Delhi, has donated Rs one crore to the Delhi Government for procurement of medical equipment and treatment of COVID-19 patients in the national capital.

Besides that, he has pledged to donate his two years' salary towards Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) and has already released Rs one crore out of his MP Local Area Development Scheme (MPLADS) Fund towards the relief efforts amid the coronavirus outbreak. Speaking about how he spends time at home during the lockdown, the 38-year-old said: "I have been given a responsibility during this lockdown to maintain the plants and the lawn in our garden."

"But the interesting part is that I've been watering the lawn for three days, but there's still no grass growing. Just as (VVS) Laxman does not listen to me, so also does this grass not listen to me," he added.

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Watch video: Shikhar Dhawan dances with son Zoravar on 'Daddy cool'

Indian opener Shikhar Dhawan is making most of the forced break by spending quality time with his family at home with the ongoing lockdown in place due to the coronavirus pandemic.

From washing clothes to playing and training with his kids at home, Dhawan has been keeping himself busy with all kinds of different activities.

On Thursday, he posted another video of him dancing with his son Zoravar on a popular Bollywood song "Daddy Cool".

"Life is so much fun with this mastikhor insaan! Sachi bolu toh daddy aur beta dono hi cool! Love this little one," the left-handed opener captioned the video on Instagram.

Recently, he had revealed he is trying his hand at playing a flute and honing his overall musical skills.

"Playing a musical instrument, the vibrations you can feel inside your body. Music gives you peace and everybody should try to learn how to play a musical instrument now especially because we have so much time to spend at home due to the lockdown," Dhawan had said while chatting with India middle-order batsman Shreyas Iyer on Instagram Live.

Before that, the southpaw alongwith his wife Ayesha, had recreated popular Bollywood number "Dhal gaya din, ho gayi sham" from the movie �Hamjoli'.

The 34-year-old had earlier posted a hilarious video in which he was seen washing the clothes of the house and in the background the Bollywood film song- 'Jab se hui hai shaadi, aansu baha hoon ...' was playing.

In normal circumstances, Dhawan would have been currently involved in the 2020 edition of the Indian Premier League (IPL) which now stands "indefinitely suspended" due to COVID-19 pandemic.

The entire sporting calendar has come to a grinding halt with the coronavirus outbreak which has claimed more than 1.4 lakhs lives across the world thus far.

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Stats man Mohandas Menon's discovery is worth looking into

YouTube is becoming more than just a great ally during the Coronavirus-caused lockdown. On Friday, ace cricket statistician Mohandas Menon stumbled upon something that could force a change in the record books if dug deeper.

Menon happened to watch a Pathe Films news clip of the 1936-37 Ashes Test in Brisbane, where Gubby Allen’s Englishmen were in early trouble against Don Bradman’s Australia on a sticky wicket.

Arthur Fagg, who came in at the fall of TS Worthington’s wicket, is seen being caught by a short midwicket fielder. However, in the scorecard of that Test, Fagg is mentioned as caught behind by Bert Oldfield off Ernest McCormick for four.

Worthington departed, caught by Oldfield off the first ball in the Test.


Arthur Fagg

“While watching the 1936/37 #Ashes series - the 1st Test at Brisbane (4 Dec 1936), I find that England’s Arthur Fagg in the first innings was caught by a fielder at short mid-wicket and not by wicketkeeper Bert Oldfield. But all sources since then, ie in the last 83-and-a-half years have recorded it in the scorebooks as ‘caught Oldfield’. Time to change this error,” wrote Menon on his Facebook page. When this writer asked Menon what made him compare the footage to the scorecard, he replied: “Usually, when I watch old film clippings, I keep the scorecard ready so I can match the unknown players who are batting, bowling or fielding.”

There is a small possibility that the producers of the newsreel may have got the batsman wrong and the scorecard is right, but with Australians being no slouches when it comes to digging up archives (one Aussie recently found coloured footage of Bradman’s last competitive game at the Sydney Cricket Ground in February 1949 in his garage), this case is worth digging up. If the footage is right, will there be a change in Oldfield’s 130 Test dismissals?

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Has Athiya Shetty made her relationship with cricketer KL Rahul official?

Bollywood actor Athiya Shetty seems to have found the perfect day to make her relationship with India cricketer KL Rahul official on social media as he turned 28 on Saturday. She shared the picture with her 2.3 million Instagram followers along with a white heart emoji and wrote: "Happy birthday, my person. @rahulkl." To which, Rahul replied with three heart emojis.

 
 
 
View this post on Instagram

happy birthday, my person ðŸ¤Â @rahulkl

A post shared by Athiya Shetty (@athiyashetty) onApr 18, 2020 at 12:59am PDT

Rahul's friend Hardik Pandya commented: "Hay," while tennis star Sania Mirza wrote: "Awee" along with two heart emojis.

Rumours about them seeing each other began last year after the cricketer posted an adorable picture, recreating a scene of Athiya's dad Suneil Shetty's film, Hera Pheri and captioned it: "Hello, Devi Prasad?"

 
 
 
View this post on Instagram

Hello, devi prasad....?

A post shared by KL Rahul👑 (@rahulkl) onDec 27, 2019 at 10:15pm PST

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Yuvraj Singh: Suresh Raina was MS Dhoni's favourite

It is common for any captain to have a favourite player and when it came to Mahendra Singh Dhoni, it was Suresh Raina, who enjoyed unstinted backing from the former India captain, feels Yuvraj Singh. One of India's greatest limited-overs cricketers, Yuvraj remembered how Dhoni faced selection dilemma when he had to choose two out of him, Yusuf Pathan and Raina in the playing XI during the 2011 World Cup.

"Suresh Raina had a lot of support then, because MS used to back him. Every captain has a favourite player and I think Mahi really backed Raina at that time," Yuvraj said told 'Sports Tak'. Ultimately all three players made the playing XI (although Yusuf was dropped from playing XI mid-tournament) with Yuvraj playing a pivitol role in winning the title. "Yusuf Pathan was also performing well at that time and even I was doing well and was also picking wickets. And Raina was not in a good touch then," he said.

"They did not have a left-arm spinner at that time and I was picking wickets so they did not have any choice," he added. The swashbuckling batsmen also revealed questions were raised over the bat he used to famously hit Stuart Broad for six sixes in an over during the 2007 T20 World Cup, leading the match referee to check the willow. "The Australian coach at that time came to me and had asked if there was a fibre behind in my bat and asked if it was legal. Has the match referee checked it? So I told him to get it checked."

"Even (Adam) Gilchrist asked me who made our bats. So match referee had also checked my bat. But honestly, that bat was very special for me. I have never played with a bat like that. That one and the 2011 World Cup bat, there were special." Yuvraj was lavish in his praise for Sourav Ganguly for nurturing young talent and picked the BCCI President as his favourite skipper. "Dada would be my favourite captain. He supported me a lot, the most. We were young also so he nurtured the talent," Yuvraj said.

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Indian players aware of online corrupt approaches, quick to report: ACU chief

The threat of online corrupt approaches does not cause much anxiety to BCCI's head of Anti Corruption Unit (ACU) Ajit Singh, who says Indian players are well aware of the modus operandi of fixers and are quick to report anything suspect. The ICC ACU head Alex Marshall, in an interview to 'The Guardian', said that prolonged lockdown and players using various social media platform could lead to corrupt approaches being made and people need to tread carefully. Singh said BCCI ACU is in control. "...we have made our players aware about the way people approach you and modus operandi through social media. We have told them 'look this is how they (potential fixers and bookies) would approach you'," the veteran IPS officer told PTI in an interaction. "(They will) try and behave like a fan and then try to meet you through someone who may be your acquaintance," he added. "Somehow these elements try and touch base with players. Most of them (India players), whenever it happens, they do report to us that I have got a contact."

Most of the top players, with millions of followers, have been very active online with Q and A sessions on twitter, interactive chats on instagram and Facebook live. So is the BCCI's ACU team tracking the online content? "Whatever can be tracked online, we do that. But obviously the physical verification part of going out and checking locations is out of question in times of a lockdown," he spoke about practical problems. "But if something comes to our notice, it automatically goes into our database and once lockdown is over, we will verify those if the need arises." Singh said the easiest aspect of tracking social media content is that it doesn't require too much manpower. "A few men who know their jobs can do it pretty well," the former DGP of Rajasthan said. But Singh said that, in his two year stint, all current India players have been honest and upright, very aware about their responsibilities. "We are not adversaries of players. The players and ACU are one team. It's the people who are trying to corrupt the games, they are the ones we need to track down." He said that both tracking social media and physical verification of corrupt approaches has its own set of challenges.

"Those who were trying to corrupt the players with physical presence and those using fake IDs on social media handles, converge at some point," he said. "Either it's the same person with a fake ID who tries to approach the player or uses someone on his behalf. So there is a pattern of convergence. One has to follow both the lines," he added. Singh said even former players have approached the ACU when they have found something unusual. "There have been things coming from current players and also retired players. There has been information coming from them. Things that they doubted, which look suspicious. "Any information is useful. Even if it's a false alarm, it raises the awareness level of the players as well as the skills of the team investigating it," the retired top cop said. There are some structural plans for the BCCI's ACU which will only materialise once normalcy returns after the COVID-19 pandemic. "Every zone will have a zonal head as it had been said earlier. A few zones don't have zonal heads, so we will fill those posts," he said.

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Viral photo: Sakshi Dhoni playfully bites MS Dhoni's toe as she craves attention

Former India cricket captain Mahendra Singh Dhoni’s wife Sakshi Dhoni is quite an active celebrity on Instagram.  Sakshi Dhoni's posts on Instagram always gets the attention of her fans and this time its no different.

While on lockdown due to the COVID-19 pandemic, Sakshi and husband MS Dhoni are busy spending their time at their home in Ranchi. Sakshi Dhoni, who is famously known by her dear ones, for her playful and fun-loving nature, shared a photo of her about to bite MS Dhoni's toes while he is busy on his cell phone. “Times when you crave attention from #mrsweetie!” Sakshi captioned her post that received over three lakh ‘likes’ within a few hours.

 
 
 
View this post on Instagram

Times when you crave attention from #mrsweetie !

A post shared by Sakshi Singh Dhoni (@sakshisingh_r) onApr 19, 2020 at 3:40am PDT

MS Dhoni and Sakshi Dhoni are one of the biggest star couples in the world of cricket today. MS and Sakshi Dhoni were childhood friends and share a close bond. They got married in 2010 and had a baby named Ziva, five years later, in 2015.

MS Dhoni's future in cricket is the biggest topic these days as he last played a match was in the 2019 World Cup semifinals against New Zealand. Away from the game since then, Dhoni has been making most of his free time spending it with his wife Sakshi, daughter Ziva and family.

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COVID-19: Mushfiqur puts his maiden double-century bat on auction

Bangladesh wicketkeeper-batsman Mushfiqur Rahim will be putting his most cherished bat on auction in order to raise funds for the relief efforts put in place in the country to fight the coronavirus pandemic.

Mushfiqur will be putting the bat -- with which he scored his first double hundred against Sri Lanka at Galle in 2013 -- for online sale and has urged people to contribute to the cause so that maximum funds can be generated for the poor.

"I am putting up the bat with which I made a double hundred for auction," Mushfiqur told the Dhaka-based Bengali daily 'Prothom Alo'.

"It will be put up online, so let's see how we can go about it. I urge everyone with the ability to push up the price of the bat since the proceeds will be spent entirely for the poor people," he added.

Last week, Shakib-al-Hasan had called upon the players to auction their belongings like jerseys and cricket equipments.

"We can do anything like that. It can also be a bat with any of our autographs. We can auction these things through Facebook or the foundation," Shakib had said on Facebook Live.

More than 2000 confirmed cases of coronavirus have been reported and many people have also lost their lives till now in Bangladesh.

England batsman Jos Butter had raised more than 65,000 pounds for two London-based hospitals by auctioning the shirt which he wore in the 2019 World Cup final.

Legendary Pakistan bowler Wasim Akram also auctioned a bat and ball signed by him to raise funds for a charity as the entire world fights against COVDI-19 pandemic which has so far claimed more than 1.6 lakh lives.

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Jeel Pareshbhai Gajipara aspires to play for the Indian Cricket Team, idolises Mahendra Singh Dhoni

Cricket is rightly considered as a religion in India and is the most celebrated sport in the country. Whoever makes a career in cricket has one longing wish to play for the country and Indian cricketers rightly inspire with their story and innumerable achievements. With a dream to become a cricketer since childhood, Jeel Pareshbhai Gajipara grew up looking at his hero Mahendra Singh Dhoni's journey as a sportsperson. Gajipara born on October 24, 2001, in Ahmedabad, Gujarat is a notable name in the cricket. Since his school, he was fascinated by the sport after which he decided to make become a cricketer.

Currently, he is pursuing his B.Com from GLS University. The young and good looking guy also loves to do modeling. However, he considers cricket as his only passion in life. He has played for both domestic as well as international tournaments. He has played for many tournaments from Nepal, Mumbai, Ahmedabad, Kolkata, and Hyderabad. The batsman has also created many records for himself including his smashing batting of 97 runs from 32 deliveries for the Mumbai domestic team. Some of his other best scores include 136 runs in 67 deliveries, 116 runs in 71 deliveries and 177 runs in 122 deliveries respectively.

These batting scores totally show his love for the sport and prove that he is here to stay. His hard work and passion for cricket will one day surely fulfill his dream. Calling MS Dhoni as his idol, Jeel has a dream of playing for India and be successful as the former Indian skipper. "Before playing for India, I want to play in the IPL (Indian Premier League)", he quoted. For his achievements, Jeel was also featured in a Gujarati newspaper and had his interview on E24 news channel. The young blood's journey is commendable and we hope to see him play for the Indian Cricket Team one day.

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COVID-19: KL Rahul auctions his World Cup bat to raise funds for needy kids

Flamboyant India batsman KL Rahul is auctioning the bat he used during the World Cup last year and other memorabilia to raise funds for vulnerable children.

In a video message posted on Twitter on his birthday, Rahul said all proceeds from the auction will go to the Aware Foundation, that works to provide dispossessed, disadvantaged and vulnerable children in India the right to education. "I have decided to donate my cricket pads, my gloves, helmets and some of my jerseys to our collaboration partner Bharat Army. They are going to auction these things out and the funds will go towards the Aware Foundation," Rahul said. "It's a foundation that look towards helping children. It is very special and I couldn't pick a better day to do this."

The items up for auction, which started on Monday, includes Rahul's signed 2019 World Cup bat, Test, ODI and T20 jersey along with his batting gloves, helmet and pads. "Go on check out the auction and show some love for me and the children and let's stay strong together during this difficult time and all of us will come out of this stronger," Rahul said. The coronavirus outbreak has infected over 24 lakh people and caused more than one lakh deaths worldwide. In India, more than 17,000 people have been infected with 550 deaths reported.

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Sakshi shares video of MS Dhoni taking Ziva for a bike ride inside Ranchi farmhouse

Veteran India wicketkeeper-batsman and former captain Mahendra Singh Dhoni seems to be enjoying his quality time back at his lavish farmhouse located in Ranchi.

MS Dhoni's wife Sakshi Dhoni apparently shared ain Instagram Live video in which Mahi can be seen giving his daughter Ziva a ride on a motorbike in their farmhouse. 

The video was also shared by MS Dhoni's Indian Premier League (IPL) team Chennai Super Kings on Twitter immediately after it went viral. CSK went on to caption the photo with some fun play of words: "Thala Suthifying, literally. #WhistlePodu VC: @SakshiSRawat."

Sakshi Dhoni had also shared a cute photo of herself and MS Dhoni during lockdown as she playfully goes to lick his toes while he was immersed in his mobile phone.

In normal circumstances, MS Dhoni would have been currently leading three-time champions CSK in the 13th edition of the IPL. However, due to the coronavirus pandemic, the cash-rich league has been postponed indefinitely by the BCCI.

The former captain's participation at this year's T20 World Cup remains in doubt as he hasn't played international cricket since India's defeat at the hands of New Zealand in the World Cup semi-final last year.

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Shoaib Akhtar on Brett Lee: He was quite a terror on the field himself

Brett Lee and Shoaib Akhtar were two of the fastest bowlers of their generation. Shoaib recently shared a clip from a popular Indian television show in which Lee talks about facing Shoaib in his prime.

Lee admits on the show that he was afraid of everyone while batting, "even the spinners."

While talking about the experience of facing Shoaib, he said, "So, I'm out batting and I'm sweaty and nervous," said Lee.

"My nickname is 'Binga' and I suddenly hear 'Binga, Binga'. I look up, and there's Shoaib, about 75 metres back. He goes 'I'm going to kill you'," Lee says pointing a finger to his forehead to mimic Shoaib at the time.

The Pakistani bowler was thus indicating that he was going to aim for Lee's head but instead the ball went to his toes.

"It's hit me straight on the foot. I've appealed to the umpire - 'Howzzat! That's gotta be out, surely?'" Lee says, with the audience in splits. "And you know what happened? That silly Australian umpire said not out."

Shoaib in his tweet said that Lee himself was quite a terror while bowling. "Binga being very humble there honestly. @BrettLee_58 himself was quite a terror on the field for the batsmen of that era," he said.

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Brian Lara is sheer class, I never bowled to him with any confidence: Shahid Afridi

Former Pakistan all-rounder Shahid Afridi has described Brian Lara as "sheer class", saying he never felt confident whenever he bowled to the West Indies legend. Afridi and Lara locked horns only twice in Test cricket but the former Pakistan skipper said the left-handed batting great had quite an "effect" on him.

"I got him out a few times but whenever I was bowling to him I always had the feeling in the back of my mind that he is going to hit me for four the next ball. He had an effect on me. I never bowled with any confidence to him," Afridi was quoted as saying by Wisden.

The 40-year-old Afridi, who snapped 395 and 48 wickets in 398 ODIs and 27 Tests, lavished praise on Lara, saying he had a brilliant footwork. "He was a world-class batsman who dominated the best spinners he came up against, even the likes of Muttiah Muralitharan in Sri Lanka," said Afridi. "His footwork against spinners was brilliant and the way he batted against such bowlers was a wonderful sight. He was sheer class."

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Cheteshwar Pujara: Missing playing badminton on outdoor courts

India's top-order batsman Cheteshwar Pujara misses playing badminton on the outdoor courts. Sporting action across the world is on pause due to the coronavirus pandemic and in India a nationwide lockdown in place till May 3 has imposed restrictions on movement of people.

Pujara, used to enjoy badminton outdoors apart from cricket. Now he plays with his wife or with his Saurashtra team-mate Jaydev Unadkat. "Usually when I am at home in Rajkot, we go and play badminton on weekends on proper courts. That is something I am missing," ESPN Cricinfo quoted Pujara as saying.

"With my wife - she wants to learn. At times if Jaydev Unadkat is in Rajkot, he is a decent badminton player, so I play with him," he added. Pujara also revealed that he is very competitive when it comes to playing badminton and he cannot let anybody win.

"No, no. I can't allow my wife to win. I can't allow anyone to win against me at badminton. That is not possible. I've been telling her that she has to get better at it and win that way. I don't want to lose to make her happy that she has beaten me. As a sportsperson your mentality is to make sure that the other person becomes stronger than you," Pujara said.

Pujara was supposed to be in the UK, playing for Gloucestershire, at this time of year, but all plans have been tossed away due to the coronavirus pandemic.

He had signed a deal in February to represent the county for the first six matches of the championship. He was set to become Gloucestershire's first Indian player after Javagal Srinath in 1995.

But with the first seven rounds of the Championship postponed due to the coronavirus pandemic, and international travel severely limited, he will be unable to fulfil his deal. The batsman was last seen in action during India's two-match Test series against New Zealand.




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I thought we would lose when Yuvraj Singh got out: Mohammed Kaif on NatWest final

Former India batsman Mohammad Kaif had thought the famous NatWest Series final, which India won defying odds against England, was lost when Yuvraj Singh got out in their daunting chase of 326 at Lord's in 2002.

India, led by Sourav Ganguly, won the final by two wickets with three balls to spare riding Yuvraj and Kaif's sixth-wicket stand of 121 runs. The Men in Blue were 146/5 at one stage when the pair joined hands and from there the rest was history.

Kaif remained unbeaten on 87 to take India home with Zaheer Khan at the other end but Yuvraj got out in the 42nd over on 69, with India still needing 59 for victory and four wickets in hand.

"When you (Yuvraj) got out, I thought the match is gone. I did not think we will win," Kaif said in an Instagram Live chat with Yuvraj.

"I was set, you were there. So I believed if we played till the end India win will. But you got out and India lost hope and my heart broke," Kaif added.

The victory, also remembered for Ganguly celebrating by opening his shirt at the Lord's balcony, changed Indian cricket forever in ways more than one.

Kaif also picked out Yuvraj's 25-ball 58 against Australia in the 2000 U-19 World Cup where the former was the captain as one of his best knocks despite the decorated southpaw smashing six sixes and having many other memorable knocks in his illustrious career.

"That innings, the way you dominated the likes of Mitchell Johnson, Shane Watson was amazing. You have many superb knocks, you hit six sixes...but to me at the U-19 level to see someone bat like that...was special. We all knew you will go far and play for a long time," Kaif said.

Rated as one of the best fielders in India, Kaif said he worked on his fielding as he wanted to stand out in one of the departments.

"I always wanted to be different and I wanted to focus on fielding. I worked really hard on my fielding."

Yuvraj added that he and Kaif changed the momentum for India on the field during those days.

"At point and cover we changed the momentum in a lot of ways. Now the team has so many good fielders but I feel we changed the momentum," said Yuvraj, himself a livewire.

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Facing James Anderson in England is challenging, says Ajinkya Rahane

Over the years Ajinkya Rahane has faced several bowlers on different surfaces across the globe, but playing against England speedster James Anderson in his home country has been the most challenging task for the India Test vice-captain. While insisting that every bowler in international cricket is challenging, facing Anderson in English conditions was the toughest for Rahane by his own admission.

"(But) especially talking about one particular bowler - James Anderson in England is really challenging. He knows the conditions well. He (Anderson) is the one," said Rahane on an Instachat live chat orgainsed by his employer 'Indian Oil' on Tuesday. Rahane, who has amassed over 4000 runs in Test cricket and has a century in England, the West Indies apart from India, emphasised on the need to be mentally fit during the coronavirus-forced lockdown period.

"(At) this point of time, it is important to be positive mentally. Mentally, I'm visualising my cricketing stuff, batting. As an international athlete, cricketer, it is important to be mentally fit," said Rahane, who revealed that he is a Black belt holder judoka. Sporting activities across the globe, including cricket has come to a grinding halt because of the pandemic. Even this year's cash-rich Indian Premier League has been postponed indefinitely due to the deadly disease, which has claimed nearly 1,78,000 lives globally and more than 640 in India.

Even though he is disturbed by the suffering of people, Rahane looked at the positive side of the lockdown. "First of all, definitely this is a sad thing, which is happening. But, looking at the positive side, I'm getting time to spend with my daughter and family. My daughter is six-and-a-half months old, I'm lucky to be with her," the right-handed batsman said. He also said that batting legend Sachin Tendulkar, Rahul Dravid and tennis ace Roger Federer are his role models and meeting the multiple-time Grandslam champion at the 2015 Australian Open was a fanboy moment for him.

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Watch video: Shikhar Dhawan enjoys 'Quarantine Premier League' with son Zoravar

Even though all the cricketing activities remain suspended because of the coronavirus outbreak, Indian opener Shikhar Dhawan is making sure he remains in touch with the game by playing it indoors with his family. Dhawan recently shared a video on Instagram where he is seen playing cricket indoors along with his son Zoravar.

In the video, Zoravar can be seen bowling to his father as the Indian opener defends the ball well on the off-side. The video also has commentary inputs along with crowd noises inserted in the background of the past.

 
 
 
View this post on Instagram

Quarantine Premier League ka sabse gripping moment 😅 Dhawan vs Dhawan 💪🏻😈

A post shared by Shikhar Dhawan (@shikhardofficial) onApr 22, 2020 at 8:30am PDT

The 34-year-old captioned the video: "Quarantine Premier League ka sabse gripping moment Dhawan vs Dhawan." Last week, Dhawan had shared a video of him dancing with his son on a popular Bollywood song "Daddy Cool".

"Life is so much fun with this mastikhor insaan! Sachi bolu toh daddy aur beta dono hi cool! Love this little one," the left-handed opener had captioned the video on Instagram.

With the nation-wide lockdown in place due to COVID-19 pandemic, Dhawan has been keeping himself busy with all kinds of different activities at home. He has been sharing all kinds of videos like that of washing clothes to playing and training with his kids to dancing with his wife Ayesha.

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Aaron Finch prepared for T20 World Cup postponement

Australia's limited-overs captain Aaron Finch feels the dreaded COVID-19 pandemic might lead to a postponement of this year's T20 World Cup by up to three months.

The T20 World Cup is scheduled in Australia from October 18 to November 15. Finch doesn't see that holding up given the current health crises affecting lakhs of people worldwide. "I think we might have to get our heads around a T20 World Cup that might be postponed for a month, two months, three months, whatever it has to be," Finch told 'SEN Radio'. Finch said he wouldn't mind seeing the game resuming without fans once the pandemic is brought under control.

"But as long as we can get live sport up and running. Whether that's with crowds or not, I don't think that makes any difference to the players. "We played one ODI against New Zealand with no crowd (and it) was really strange for first four or five overs, but then you got into your work," he said. Apart from the T20 World Cup, Australia is also set to host India for a bilateral series which includes a four-Test rubber. The ICC's Chief Executives Committee (CEC) is meeting on Thursday to discuss the financial implications of COVID-19 and also the contingency planning for all ICC global events, including the T20 World Cup, over a conference call. Finch feels authorities will need to be "creative" while rejigging the international schedule.

"I think we might have to get a little bit creative with how we do that (as part of a new-look schedule). Whether that's setting up and playing two Test matches in one hub or something like that," he said. Fast bowler Josh Hazlewood had suggested that the entire Border-Gavaskar Trophy be held at one venue -- the Adelaide Oval -- to ensure that the rubber does go ahead. Cricket Australia is exploring options to save the series in the wake of the pandemic which has led to global travel restrictions as well.

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Watch video: Brothers Hardik and Krunal Pandya play table tennis on the bed

India cricketer Krunal Pandya, 29, Instagrammed a fun video, enjoying of a unique version of table tennis with his brother, Hardik in their room.

With their double bed forming a table and a rolled up blanket playing the role of a net, the two brothers are seen using their hands as racquets as they play TT with a soft ball (screengrab above). "#PandyaBros in action in a different sport. @hardikpandya93 and I are always competitive with each other. Who do you think won this round?," Krunal captioned his post that got nearly 40,000 views within a few hours.

Interestingly, former India pacer Munaf Patel replied with a cheeky comment: "No cheating, KP please."

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Brendon McCullum: T20 World Cup can be pushed to 2021 with IPL taking its slot

Former New Zealand skipper Brendon McCullum on Wednesday advocated for this year's T20 World Cup to be postponed to early next year, saying the currently-suspended IPL should take the mega-event's slot. The COVID-19 pandemic has halted all global sporting activities, jeopardising the T20 World Cup, scheduled in Australia from October 18-November 15, and also "indefinitely" suspending the 13th IPL, which was slated to begin on March 29. "I think the IPL will try and target that October window and the T20 World Cup will get pushed back," McCullum, the coach of IPL side Kolkata Knight Riders, told 'Sky Cricket Podcast'. There is also the women's ODI World Cup scheduled in New Zealand in February, 2021.

"That may mean the Women's World Cup gets pushed back but hopefully we get to see all three tournaments operate." McCullum said he neither sees the T20 World Cup happening without the stadium fans nor does he believe that teams from 16 nations will be able to travel to Australia in the wake of the pandemic, which has infected more than 20 lakh people globally. If IPL doesn't happen, none of the players or support staff get paid. The ICC's Chief Executives Committee (CEC) is set to meet on Thursday to discuss the financial implications of COVID-19 and also the contingency planning for all ICC global events, including the T20 World Cup, over a conference call. "For Australia to move 16 international teams plus all of their support staff and then broadcasters, seems a bridge too far. I can't see them playing the T20 World Cup behind closed doors either," McCullum said. "There may be a window a bit later in the new year of 2021 which could then open up a window for the IPL (in October and November). You'd have to move some overseas players for the IPL but with the broadcasters based in India, it is a lot easier to pull it all together. "The ICC and world cricket need crowds to operate but India can probably sustain things commercially behind closed doors because they are going to get so many eyeballs."

Former New Zealand seamer Simon Doull, who joined McCullum and Ian Smith on the podcast, also believes spectators will be important to get the revenues flowing from the T20 World Cup. "A lot of the ICC's revenue for down the track comes from the World Cups so they want as many people in the stands as possible," he said. "They would hate to see a T20 World Cup under lockdown where no one could go and watch and the atmosphere would probably be a little bit less." Doull also said ICC needs to decide how important is the T20 World Cup. "How important is the T20 World Cup? That the first question from an ICC point of view," he said. "Is it important enough to have private jets out of each county with cricket teams on them, two weeks in quarantine in Australia and then the tournament taking place, whether there are fans in the stands or not? Is it that important?".

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Dhoni is greatest in terms of record but Kumble is the best captain I have played under: Gambhir

The numbers are heavily in favour of Mahendra Singh Dhoni but former India batsman Gautam Gambhir says spin legend Anil Kumble was the best India captain he has ever played under. Gambhir has high regards for Dhoni and Sourav Ganguly as India skippers, but believes Kumble would have been phenomenal as captain had he led the national team for a longer period.

"From the records point of view it obviously has to be MS Dhoni. He has won every ICC trophy possible. He has done fabulously well, he has handled the pressure for a very long time. Sourav (Ganguly) has also done well. "But one person I would definitely, would have liked to captain India for a long time should have been Anil Kumble. I played 6 Test matches under him and had he captained India for a long time would have broken many records," Gambhir said on Star Sports 'Cricket Connected' show on the occasion of IPL's 12th anniversary.

"From the records point of view Dhoni is right up there but for me the best captain I played under is Anil Kumble," Gambhit, who is now a BJP MP, added. Kumble was appointed as India captain after Rahul Dravid in 2007 and led the side in 14 Tests -- winning three, losing six and drawing five. But his stint as captain lasted little less than a year as he retired in November 2008, following which Dhoni was appointed as the skipper in all three formats. Gambhir also picked Mumbai Indians skipper Rohit Sharma as the all-time great IPL captain. "I think it's Rohit Sharma . He has won the IPL four times and his captaincy is all about winning trophies," he said. "He will end up being the most successful IPL captains of all-time as well, probably he will finish with 6 or 7 titles under his belt."

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