f Menstrual Hygiene Day: Here's why exercising on period is best for your body By www.mid-day.com Published On :: 28 May 2018 07:07:38 GMT Dr Shilpa Agrawal In Poland, women on their period were once asked to refrain from having sexual intercourse for fear that they would inadvertently kill their partners. Italian women had to steer clear of all contact with water, while Bolivian women were taught to avoid cradling babies so they wouldn't make them sick. The superstitions surrounding menstrual health are many, as this 2017 study conducted by Clue, a menstrual cycle-tracking app, indicates. The opinions become that much more vociferous when it comes to exercising while on your period. Whether for sanitary or health considerations, women have often been advised to lie low and take it easy during that time of the month. "For ages, women have been shamed into silence about their periods, which breeds misconceptions. Many also suffer from cramps, migraines, nausea and bloating during their period, and are concerned that working out could harm their health. The truth, however, is that smart exercise plans and correct nutrition can go a long way in promoting menstrual health," says Arpita Boyd, certified fitness trainer and specialist in pre- and post-natal fitness. "Regular exercise is beneficial for women, especially those suffering from polycystic ovarian syndrome (PCOS), a hormonal condition that affects up to 18 percent women around the world," says Dr Shilpa Agrawal, high-risk pregnancy and foetal medicine specialist at Jaslok Hospital and Research Centre. Regular exercise has been found to boost fertility, reduce insulin resistance, increase the body's metabolic rate and improve its composition, she says. Munazza Habibulla Fitness pros share tips on exercising during menstruation. Swimming"Women are often asked to refrain from swimming or water-related activities while on their period, ostensibly for sanitary reasons. However, swimming offers a number of benefits during those few days," says Munazza Habibulla of Swimming Matters. "The natural buoyancy of water prevents bleeding and also ensures that tampons stay in place," she elaborates. Nisha Millet Former Olympian Nisha Millet adds, "Competitive swimmers cannot afford to lose four days of training in a row. Women can safely enter the pool with a tampon — choose a size that works well for you — or a menstrual cup. Sanitary pads and panty liners, however, are strict no-nos." The only time when swimming should be avoided is when you are experiencing severe cramps, aches and pains. Arpita Boyd Weight trainingThe key to a successful weight training regimen during your cycle lies in understanding how your body reacts during the various phases, says Arpita Boyd. "The first 14 days are the follicular phase, during which women can achieve greater strength and produce more power. They are also likely to feel less pain and recover faster," she explains. The next fortnight is the luteal phase, during which your body's oestrogen and progesterone levels surge. Exercise may feel harder during this time due to bodily changes. To manage these, she recommends staying hydrated, avoiding foods rich in nitric oxide (spinach, beets, pomegranate), and increasing your protein intake. This, combined with the right stretches can ease symptoms and allow you to lift weights. Sheetal Shah PilatesSheetal Shah, founder of Core Pilates Studio, believes that the exercise form can greatly alleviate PMS symptoms such as bloating and cramping. "Pilates helps to stretch and open up the body, and also strengthens your deep abdominal muscles. Focusing on your breathing during these workouts can help alleviate tension in the body and promotes relaxation. Pilates also promotes the release of endorphins — the body's natural painkillers — which is another important reason why it works so well during your menstrual cycle," she says. Further, Pilates can help build lean long muscle and reduce the body's fat percentage, which normalises hormone levels and improves reproductive health, she adds. Ishita Malaviya SurfingIshita Malaviya is India's first female professional surfer and a big believer in not letting your periods get in your way of enjoying the surf. "I can surf just fine with a tampon, and always make sure to change frequently to prevent rashes and infections," she says. She claims to have never missed a day of surfing, even on the first day of her menstrual cycle. Smiley Suri ZumbaZumba workouts offer many benefits to women on their cycle. Sucheta Pal, global brand ambassador for Zumba, shares, "The workouts focus on the hips and pelvic region, increasing core and trunk strength. Exercise also releases endorphins, which make regular workouts a must for women like me who suffer premenstrual hormone-induced mood swings." Pal often trains for several sessions at a stretch while on her period. "[According to gynaecologists] you lose only about four tbsp of blood during your entire cycle, which isn't that big a deal. You must learn to understand your body and modify your movements accordingly," she adds. Sucheta Pal Pole dancingPole dancer and trainer Smiley Suri found that pole fitness played a major role in managing her PCOS and thyroid condition, while also helping regularise her menstrual cycle. She recalls her instructor asking her to get on the pole on the first day of her cycle, even though she was experiencing cramps and felt bloated. "I was surprised at how much better I felt after the session," she admits. Although many instructors ask women to avoid inversions during their period, Suri believes that these can actually increase your flow and reduces cramps. She emphasises the importance of hygiene during this time. Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
f Tax-News.com: BRICS Nations Affirm Support For BEPS Project By www.tax-news.com Published On :: Mon, 12 Dec 2016 00:00:00 GMT The heads of tax authorities from the BRICS states met in Mumbai, India, on December 5-6, 2016, to discuss the implementation of the OECD's base erosion and profit shifting project. Full Article
f Tax-News.com: Russia Files WTO Complaint Against EU Duties By www.tax-news.com Published On :: Tue, 31 Jan 2017 00:00:00 GMT Russia has requested World Trade Organisation dispute consultations with the EU in a case involving EU anti-dumping duties on certain steel products. Full Article
f Tax-News.com: EU Hails Victory In WTO Russia Tariff Dispute By www.tax-news.com Published On :: Mon, 26 Jun 2017 00:00:00 GMT The EU has said that, as a result of dispute proceedings it launched in 2014, Russia has lowered tariffs on certain paper, refrigerators, and palm oil products. Full Article
f Tax-News.com: China To Probe Dumping Of Styrene by US, Korea, Taiwan By www.tax-news.com Published On :: Tue, 4 Jul 2017 00:00:00 GMT China has made a number of announcements on anti-dumping duty orders, including to launch an investigation into US, Korean, and Taiwanese exports of styrene, which is used to manufacture plastics and resins. Full Article
f Tax-News.com: Switzerland Exploring Options For Freer Trade By www.tax-news.com Published On :: Thu, 6 Jul 2017 00:00:00 GMT Swiss Federal Councillor Johann N Schneider-Ammann will this month travel to Russia, Indonesia, Saudi Arabia, and the US, with the aim of further developing Switzerland's bilateral trade relations with each country. Full Article
f Tax-News.com: IMF Proposes VAT Rate Hike For Russia By www.tax-news.com Published On :: Fri, 14 Jul 2017 00:00:00 GMT Russia should hike value-added tax by four percent to 22 percent and lower social security contributions, the International Monetary Fund has proposed. Full Article
f Tax-News.com: Russia To Overhaul Taxation Of Oil And Gas Regime By www.tax-news.com Published On :: Fri, 8 Dec 2017 00:00:00 GMT Russia's Energy Ministry has announced that changes to the tax treatment of the oil industry will take place, but potentially not until 2019. Full Article
f Tax-News.com: Fraud At Record Levels, New BDO Report Says By www.tax-news.com Published On :: Tue, 16 Jan 2018 00:00:00 GMT BDO, the accountancy and business advisory firm, has released a report into the rapidly growing issue businesses and governments face with fraud, including tax fraud. Full Article
f Tax-News.com: Russia Proposes To Ditch Flat Individual Tax Regime By www.tax-news.com Published On :: Thu, 1 Mar 2018 00:00:00 GMT Legislation has been tabled in Russia's lower house of parliament, the Duma, to introduce a two-rate personal income tax regime, in place of the current flat tax regime. Full Article
f Tax-News.com: OECD Releases More Transfer Pricing Country Guides By www.tax-news.com Published On :: Thu, 12 Apr 2018 00:00:00 GMT The OECD has published new transfer pricing country profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay, bringing the number of such overviews published by the OECD to 44. Full Article
f Tax-News.com: Swiss Tax Agency Exchanges Information On Advance Tax Rulings By www.tax-news.com Published On :: Fri, 11 May 2018 00:00:00 GMT The Swiss Federal Tax Administration has confirmed that it has transmitted its first spontaneous information reports on advance tax rulings to exchange of information partner states. Full Article
f Tax-News.com: Russia Clarifies Tax Treaty Access Rules For Non-Res Holding Companies By www.tax-news.com Published On :: Fri, 27 Sep 2019 00:00:00 GMT In a letter dated August 8, 2019, the Russian Federal Tax Service amended the rules for non-resident holding companies to be considered as the beneficial owner of Russia-sourced income. Full Article
f Query from reserve members (SKB) By feeds.equitymaster.com Published On :: Tue, 25 Apr 2017 10:19:43 GMT Can reserve members pls tell me how equitymaster has compensated them for Quant Alert?.. Full Article
f Peak Profit Alert vs Profit Velocity (SKB) By feeds.equitymaster.com Published On :: Wed, 26 Apr 2017 13:12:59 GMT Can any subscriber old let me know how Profit Velocity & Peak Profit Alert is performing? Which one is better? I am planning to subscribe for one... Full Article
f Please let me know the advantages of GST, sectors will get impacted,products become costly (VALLUKANNA) By feeds.equitymaster.com Published On :: Thu, 11 May 2017 04:55:54 GMT I request you to kindly give me your advise on GST which is going to be implemented very shortly. Thanks and Regards, Varadarajan Kasturi.. Full Article
f Some Brokerages offer zero brokerage while some old brokerages charge 0.5% and above. Is it wise to open account with zero brokerage company? (SHEIK) By feeds.equitymaster.com Published On :: Fri, 07 Jul 2017 15:13:34 GMT Can I Open account with zero brokerage company for share buy/sell.Whether it is safe? Please clarify.. Full Article
f Why is the daylight robber being rewarded instead of punished or fired BEFORE he proves hi (Kashyap) By feeds.equitymaster.com Published On :: Mon, 31 Jul 2017 06:41:29 GMT (this is continuation of the title): Why is the daylight robber being rewarded instead of punished or fired BEFORE he proves he has value ?! Your proposed role for him doesn't seem to offer any value to us. I saw the mails about Ankit stealing research id.. Full Article
f Frequent Product Launches (Mohan Raghav) By feeds.equitymaster.com Published On :: Fri, 04 Aug 2017 10:03:06 GMT It is becoming very common these days to get at least one mail per month from EM announcing some new service. Usually an existing service is broken up into pieces and offered as something new. EM is degrading itself into a MLM company. Equity research is .. Full Article
f Can we get an economist to do the column instead of Vivek Kaul? (Krishpkkk) By feeds.equitymaster.com Published On :: Fri, 13 Oct 2017 08:48:16 GMT 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.. Full Article
f NIFTY PE VALUATIONS (JAIPEE) By feeds.equitymaster.com Published On :: Sat, 21 Oct 2017 07:53:45 GMT 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.. Full Article
f FM Nirmala Sitharaman Inherits an Economy Facing a Number of Headwinds By feeds.equitymaster.com Published On :: Tue, 4 Jun 2019 00:00:00 GMT 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. --- Advertisement --- How to Rake In HUGE Profits From The Market's Faith In Modi… Modi is India's PM once again… And we believe the market's faith in him and his governance could push the Sensex all the way to 100,000 in the coming years. Now in our view, the best way to profit from the market's faith in Modi is to make a handful of solid investments and let the market do the rest for you. Yes! Our Co-Head of Research, Tanushree Banerjee, has identified 7 specific stocks that are potentially best placed to benefit greatly from this coming surge as the Sensex heads to 100,000. But these stocks may not remain in the buy range for long. So hurry, just click here for full details now… ------------------------------ 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 MehtaThis 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. Full Article
f How the YES Bank Collapse Unfolded - 10 Points By feeds.equitymaster.com Published On :: Mon, 9 Mar 2020 00:00:00 GMT Posted by Equitymaster In under 3 years, Yes Bank has gone from being a darling of investors to a pariah. Here's a look at the events that led to the crisis in 10 points. 2017: RBI forces Yes Bank to disclose that there is big divergence in its non-performing loans of Rs 42 billion reported in the company's audited accounts for the year ended March 2016. The divergence further widened to almost Rs 64 billion a year later. To put this in perspective, the RBI audit had pegged its total gross non-performing assets (NPAs) at 5% for FY16, against the bank's own assessment of only 0.8% for the same year. September 19, 2018: Not surprisingly, a year later, RBI refuses to give Yes Bank CEO Rana Kapoor an extension to his term as MD. The apex bank asks Kapoor to step down by end of January 2019. Kapoor fights back...but it always seemed like a battle he was set to lose. November 27, 2018: Rating agency Moody's cuts bank's rating outlook to 'negative' from 'stable' citing concerns over corporate governance. This is a big whammy...for a bank, its credit rating is everything. January 24, 2019: Yes Bank hires the head of Deutsche Bank India, Ravneet Gill, as its new CEO. There's hope...even though Gill has not run a bank of this size before. The stock price rallies 66% in the days following the appointment. May 14, 2019: RBI appoints former central bank Deputy Governor R. Gandhi as additional director to Yes Bank's board - a rare move signaling an increased level of scrutiny on the lender.Yes Bank reports 91% drop in profit in 1QFY20, provisions surge and gross NPA ratio stands at 5%. October 3, 2019: CEO Gill says bank is in talks with private equity firms, strategic investors and family offices to raise additional capital. Again, this appears to be good news. October 31, 2019: Yes Bank gets binding investment offer of US$ 1.2 billion from a global investor. But this does not go down well as credibility of the likely largest investor is questioned in the media. November 1, 2019: Yes Bank reports bigger-than-expected loss for 2QFY20, NPA to loans ratio swells to 7.4% and provisions swell to Rs 13.4 billion. March 6, 2020: It's been months now and there is little progress on capital raising (other than rumours floating around). RBI takes over Yes Bank's board and imposes a month-long moratorium, imposing a limit of Rs 50,000 on withdrawals. March 7, 2020: Stock price of Yes Bank crashes by nearly 60%. At it's worse the stock was down at Rs 5.7 that day. RBI shares a restructuring plan for Yes Bank...basically a bailout by SBI. Well, then...that's the Yes Bank timeline. At the time of writing, stock price of Yes Bank was trading up by 31%. Next time, when you think of buying a banking share...or making a deposit...be sure you understand the risk.This article (How the YES Bank Collapse Unfolded - 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. Full Article
f Worst Week for Global Stock Markets: Coronavirus Impact in 10 Points By feeds.equitymaster.com Published On :: Fri, 13 Mar 2020 00:00:00 GMT 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: 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. 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. 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. Frankfurt had its worst day since 1989, the year the Berlin Wall fell, while Paris suffered its biggest one-day loss on record. 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%. Stocks in Asia also saw consistent sharp falls throughout the week. Japan's benchmark Nikkei 225 index closed 6.1% lower today. 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. In Asia, circuit breakers were also triggered in many exchanges including India, Japan, South Korea, Indonesia, Thailand, and the Philippines this week. 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. 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. 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. Full Article
f How Coronavirus Hit FII Flows - 6 Points By feeds.equitymaster.com Published On :: Sat, 21 Mar 2020 00:00:00 GMT 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... 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 3rd Quarter 2019-20: FIIs Keep Pouring Money in Indian Equities There were two reasons behind the above FII rush to Indian equities: Clarification by the FM that the tax on the super-rich was not applicable on foreign investors 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 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. 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. 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. 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. Full Article
f How Corona Crash Hit Indian Financial Markets in March 2020 - 6 Charts By feeds.equitymaster.com Published On :: Thu, 2 Apr 2020 00:00:00 GMT 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. 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 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 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 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 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 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. Full Article
f The Sharp Fall in Indian Rupee: 6 Points to Know By feeds.equitymaster.com Published On :: Tue, 14 Apr 2020 00:00:00 GMT Posted by Equitymaster As the Coronavirus pandemic continues to haunt the global financial markets, the rupee has been hit badly. The domestic currency has been continuing its downtrend and hit its record low level against the dollar last week. Here's a timeline showing how the Indian rupee has performed lately and the factors behind it... Rupee in 2018: The Indian rupee was the worst performer in Asia in 2018. As can be seen from the chart below, it fell by around 12% against the US dollar. This was seen due to a strong dollar and high oil prices in 2018. Similarly, the spill-over from the emerging-market turmoil in Argentina and Turkey weighed on the rupee in 2018. Indian Rupee: The Worst Performing Currency in Asia in 2018 Rupee in 2019: The rupee traded on a volatile note last calendar year. However, for most of 2019, it traded on a negative note against the US dollar. While it started the year at 69.71 against the US dollar and also witnessed some uptrend from April 2019 to August 2019, it went on to depreciate during the end of the year. On December 2019, it ended at 71.31 against the US dollar. Rupee Trades was Volatile in 2019 Rupee in 2020 So Far: On a year-to-date (YTD) basis, the rupee has depreciated sharply against the US dollar. While it started the calendar year 2020 at 71.28 against the US dollar, it is currently trading at 76.27 against the US dollar. This translates to a depreciation of around 7% for the domestic currency. YTD Performance of the USD/INR Downtrend in March 2020: The massive sell-off in equities and bonds led to a huge fall in rupee against the dollar in the month of March 2020. Most of the selling pressure was due to the 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. Here's how the currency performed in the month of March: Huge Depreciation of the Rupee in March 2020 Rupee Hits Record Low in April 2020: The rupee fell to a new record low of 76.55 against the US dollar on 9th April, 2020. This was seen as a rise in coronavirus cases fanned fears of the government extending the lockdown to contain the pandemic. Factors Behind the Rupee's Fall: Some major factors behind the recent fall in rupee are... Weak sentiments in the currency markets due to global risk aversion Sharp fall in the Indian stock markets Sharp fall in global financial markets due to coronavirus fears Strengthening dollar Thin liquidity due to reduced participation These are some top pointers on how the Indian rupee has been performing in recent years and amid the coronavirus led stock market crash. I reached out to Vijay Bhambwani, editor of Weekly Cash Alerts, who is closely tracking the Indian rupee in the current scenario. Here's what he has to say... The onset of Corona virus has not been kind to the INR.The Rupee futures (USDINR ) opened in March at 72.36 and have closed at 76.61 on April 09 2020. That is a decline of 5.87% in 6 short weeks. The implications of the same will be widespread. India is a net importing Country. Everything that we import will now be more expensive. Approximately two thirds of all our imports are fossil fuels. Fuels are what we call multiplier effect commodities. If fuel prices rise at the petrol pumps, everything from fruits, vegetables, grains to dairy and poultry products get expensive. That impact will be felt at a later date. I expect the trickle down effect to start appearing in prices after the April-June quarter is over. I have already factored in this aspect in my statistical data model and plan to identify such events to generate profitable trading opportunities for my WCA plan subscribers. Vijay has also talked about the Indian currency in a special edition podcast from Investor Hour. He shares what's around the corner for Indian rupee and how to should position oneself for potential gains. You can listen the entire episode here... 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 (The Sharp Fall in Indian Rupee: 6 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. Full Article
f Shoaib Akhtar: Give Dhoni a nice send-off By www.mid-day.com Published On :: 12 Apr 2020 23:39:12 GMT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Dale Steyn reveals his favourite bowling spells in cricket By www.mid-day.com Published On :: 13 Apr 2020 06:44:17 GMT South Africa pacer Dale Steyn has revealed his favourite bowling spells. Steyn was doing an #AskDale session on Twitter and a fan asked him about his best spells in international cricket. The Proteas pacer replied: Nagpur (7 against India) and Wanderers (6 against Pakistan). Steyn picked up a seven-wicket haul against India at Nagpur in 2010 in the first Test of the two-match series. His exploits helped South Africa defeat India by an innings and 6 runs. Steyn achieved the feat in the first innings after Proteas put up a mammoth score of 558/6. Steyn picked up the wickets of Murali Vijay, Sachin Tendulkar, S Badrinath, Wriddhiman Saha, Harbhajan Singh, Zaheer Khan, and Amit Mishra to finish with figures of 7-51. In the Test match against Pakistan at Johannesburg, Steyn finished with figures of 6-8 in the first innings to bundle out the opponents for just 49. Steyn picked up the wickets of Mohammad Hafeez, Nasir Jamshed, Younis Khan, Sarfaraz Ahmed, Saeed Ajmal, and Rahat Ali. In the second innings against Pakistan, Steyn took five wickets and South Africa won by 211 runs. Steyn announced his retirement last year from red-ball cricket, which he termed as the ultimate form of the game. Explaining his decision, Steyn said that it was in the best interest of prolonging his career. He continues to remain available for South Africa in both One-Day International and T20 cricket. The fast bowler represented South Africa in 93 Tests and took 439 wickets at an average of 22.95. Steyn became the leading wicket-taker for his nation in the longest format after he went past Shaun Pollock in 2019. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f 'MSD played his last match for India in Manchester v NZ' By www.mid-day.com Published On :: 14 Apr 2020 02:00:53 GMT With the fate of the IPL hanging in balance, the future of former skipper M.S. Dhoni has been the talk of the town since the cash-rich league was set to be the platform to decide if Dhoni will make a return to the Indian team for the World T20 in Australia. And former opener Aakash Chopra feels it is highly unlikely Dhoni will play for India again. "MS Dhoni has not told anyone anything. He has a different story. What almost everyone thinks is that he might return to the Indian team if he performs well in the IPL. But I personally feel he played his final match for India at Manchester against New Zealand," he said in a YouTube video with former Pakistan skipper Ramiz Raja. "Since then, he has not made himself available to the team. He has not been dropped. I feel he has made up his mind that he is no longer going to play for India." But the former opener feels there can be a change in stance if either BCCI President Sourav Ganguly or the team management calls for his services. "Unless, of course, Sourav Ganguly, Virat Kohli or Ravi Shastri pick up the phone and tell Dhoni to help the team out in the T20 World Cup. If they tell Dhoni that they want him to play the World Cup, then there is a chance he could return," he said. "Otherwise, in my opinion, Dhoni has made up his mind that 'I am not going to play, I don't need a farewell match. I came quietly, I will leave quietly'. He doesn't need grandstanding. He is not that kind of player." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Coronavirus adds to uncertainty over AB de Villers' South Africa return By www.mid-day.com Published On :: 14 Apr 2020 02:35:47 GMT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Brazilian model gets batting tips from her coach boyfriend during lockdown By www.mid-day.com Published On :: 14 Apr 2020 03:00:22 GMT With people finding various ways to spend time during quarantine amid the Coronavirus pandemic, a Brazilian model challenged her cricket coach boyfriend to teach her how to bat during the 21-day isolation period. And they are doing it. According to a report in dailymail.co.uk, Coco Cuhna suggested her boyfriend Gio Colucci that it might be fun to see if he could show her how to bat. "I was joking...he took it very seriously," Coco said. "I thought Oh my gosh, what have I got myself in for!" Coco revealed she is spending 25 minutes a day learning how to pull, cut and drive from Gio, who is a director at The Cricket Academy in Cape Town, South Africa and has coached the likes of England batsman Tom Wesley, Derbyshire captain Billy Godleman and Ben Curran, brother of England duo Tom and Sam. "I had never had any contact with cricket before, I never even knew about it before I moved to South Africa," said the Brazilian model. However, after a fortnight, Coco is now enjoying the drill. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Danish Kaneria replies to Inzamam's jibe: If PCB had supported me, I would have broken many big records By www.mid-day.com Published On :: 14 Apr 2020 04:10:18 GMT Former Pakistan leg-spinner Danish Kaneria might be currently serving a life ban for his involvement in fixing, but he has once again taken the attack to the Pakistan Cricket Board saying that he wasnt supported enough by the PCB. In a YouTube video, former Pakistan skipper Inzamam-ul-Haq had spoken about how Brian Lara had taken Kaneria to the cleaners even though the Pakistan captain had placed fielders on the boundary and thereby shown his true class. But taking to Twitter, Kaneria wrote: "I have taken @BrianLara's wicket 5 times in my career. He was a good cricketer. If PCB had supported me, I would have broken many big records." Describing the episode, Inzamam had said: "Kaneria bowled a googly and Lara hit the ball back towards the bowler, coming out of his crease. Danish said ‘well played Brian', which prompted Lara to say ‘okay sir'. The next three balls were all dispatched over the boundary. "I was the captain of the side so I went over to Danish and told him to tease Lara a bit more. I felt he was angry so we might make him throw away his wicket. I placed the fielders on the boundary in anticipation of big shots but he still managed to outfox us by hitting Danish to all parts of the ground." Kaneria had earlier asked Yuvraj Singh and Harbhajan Singh to help the hindus in Pakistan as they fight the coronavirus outbreak. "I request @YUVSTRONG12 and @harbhajan_singh to make a video for the minorities living in Pakistan as well. They need your help in this moment of #coronacrisis," Kaneria had said in a tweet. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Video: Cricketer-turned-cop Joginder Sharma 'finally getting some family time' By www.mid-day.com Published On :: 14 Apr 2020 04:23:24 GMT Former Indian cricketer Joginder Sharma, who is now serving as a Deputy Superintendent of Police in Hisar district of Haryana, is currently making sure people stay indoors and adhere to the guidelines of the government during the ongoing lockdown in place amid the coronavirus outbreak.And for discharging his duties, he has to be available 24/7. As he comes in contact with many people, the former Indian cricketer said that he doesn't even go home to avoid any risk after his duty hours end. However, on Sunday, he finally got a chance to meet his family in Rohtak, 110 kilometres from Hisar."Finally, after a long, I got time to spend with my family...Motivating kids to be strong and stay happy at home…," Joginder tweeted along with a video of him playing cricket with his children. Finally After a long,I got time to spend with my family...Motivating kids to be strong n stay happy at home.. pic.twitter.com/Ie3xXfhCic — Joginder Sharma (@jogisharma83) April 12, 2020 Joginder recently gave an interview wherein he divulged the details of his routine as a DSP."My day starts around six in the morning. Today I started at 9am and am returning home now (8pm). But I need to be ready for emergency calls, so effectively I am available for duty 24 hours, and I can't say no," Joginder said."The area that I need to oversee is mostly in the rural belt of Hisar. Right now, it involves guarding various check-posts and instructing not just truck and bus drivers but also common people about the virus. The basic message is: do not get out of the house unless you need to. If someone is outside without any purpose, we can sanction them under various legal acts," he added.The former medium pacer had a short international career of four ODIs and four T20Is but was immortalised when he took the wicket of Misbah-ul-Haq in the 2007 World T20 final against Pakistan in South Africa. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Former Pakistan cricketer Zafar Sarfraz dies of coronavirus at age 50 By www.mid-day.com Published On :: 14 Apr 2020 07:52:28 GMT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Shahid Afridi backs Shoaib Akhtar's IND-PAK proposal, says Kapil's response surprised him By www.mid-day.com Published On :: 14 Apr 2020 10:09:40 GMT 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." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Allan Border: T20 WC in empty stadiums defies belief By www.mid-day.com Published On :: 15 Apr 2020 02:07:00 GMT Former Australia captain Allan Border has given a thumbs down to the concept of Australia hosting the ICC WorldT20 in empty stadiums in the wake of the COVID-19 pandemic. Currently, the Australian government has sealed its border for six months till September 30 to deal with the global health crisis which has claimed 61 lives and infected 6400 in the country. With the flagship event starting October 18, there are speculations that Cricket Australia might be forced to conduct matches in empty stadiums, something that is not acceptable to the World Cup winning former skipper. "I just can't imagine playing at empty stadiums ... it defies belief," he told Fox Sports News. In fact, Border said that he doesn't see the World T20 happening if spectators are not allowed inside the stadiums as the purpose of the sport is lost. "Having teams, support staff and everyone else associated with the game wandering around the country, playing games of cricket, but you can't let people into the grounds. I just can't see it happening," Border said. For him, it's an either-or situation for Cricket Australia. "It's either you play it and everyone just gets on with the job and we're past this pandemic or it just has to be cancelled and you try to fit it in somewhere else," said the 64-year-old Border. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Shikhar Dhawan looking to fine-tune musical skills amidst lockdown By www.mid-day.com Published On :: 15 Apr 2020 03:58:48 GMT The current lockdown has seen people restricted indoors and many are picking up new hobbies. Energetic India opener Shikhar Dhawan on Tuesday 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 said while chatting with India middle-order batsman Shreyas Iyer on Instagram Live.The dashing southpaw also played the flute on Iyer's request.Dhawan picked Dale Steyn as the most difficult bowler he has faced along with off-spinners on turning wickets.Asked to pick his most special knock, Dhawan chose the match-winning hundred against Australia in the 2019 World Cup."Mardo walli feeling aayi (it was a big daddy innings)," Dhawan said.Dhawan had slammed 117 off 109 balls against the defending champions at The Oval on June 10 as India won by 36 runs. That turned out to be the final tie he played as he was ruled out with a thumb fracture for the remainder of he competition.India crashed out in the semi-finals, losing to New Zealand. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Watch video: David Warner joins TikTok on fan's request, asks for help By www.mid-day.com Published On :: 15 Apr 2020 06:35:37 GMT 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." View this post on Instagram Ok I have zero idea what’s going on but have been told to do tik tok by my 5yr old ð¤·ð¼âÂÂï¸Âð¤·ð¼âÂÂï¸Â @davidbullwarner31 and I have zero followers ðÂÂÂð I need some help please and they love @tonesandi A post shared by David Warner (@davidwarner31) onApr 14, 2020 at 2:51am PDT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f We have to defeat COVID-19 and win World Cup of humanity: Ravi Shastri By www.mid-day.com Published On :: 15 Apr 2020 06:36:00 GMT Indian cricket team head coach Ravi Shastri on Wednesday urged people to beat coronavirus by staying at home and by maintaining social distancing. He termed the virus 'mother of all World Cups' and asked people to combat this disease together and win the World Cup of humanity. Taking to Twitter, Shastri shared a video post where he cited cricket examples to aware people about the seriousness of the COVID-19 pandemic. "As I would know, sports teaches you life lessons that can be applied to just about anything you want to pursue in rest of your life. Today the COVID-19 has put us in a situation where we got our backs to the wall. To combat this coronavirus is like chasing a World Cup where you give your everything in trying to win it. What's staring you at the face is no ordinary World Cup. This is the mother of all World Cups where not just eleven are playing but 1.4 billion are in the playing arena and competing. Guys we can win this. For that, we have to observe the basics. You have got your Prime Minister leading from the front ahead of the curve like other countries have farmed out," Shastri said. Stay Home, Stay Safe! ðÂÂÂ#Lockdown2 #COVID19 #StayHome #IndiaFightsCorona pic.twitter.com/JQTZVib2in — Ravi Shastri (@RaviShastriOfc) April 15, 2020 "You have to obey the orders that come from the top: be it centre, state or the frontline workers who are risking their lives. Two orders that stand out: staying home and maintaining social distancing. It is not easy but to win the game you got to go through the pain to break the chain and see the gain. Come on, guys! let's do it together. Let us get out there in a bruit force of 1.4 billion and beat this corona and get your hands on the World Cup of humanity. Let's do it," he added. With 1,076 new COVID-19 cases reported in the last 24 hours, India's tally of coronavirus cases has risen to 11,439, said the Union Ministry of Health and Family Welfare on Wednesday. Out of the total tally, 9,756 cases are active while 1,306 patients have been cured/discharged and migrated. With 38 new deaths reported in the last 24 hours, the death toll rises to 377. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Jos Buttler says he is in awe of Rohit Sharma's effortless batting By www.mid-day.com Published On :: 15 Apr 2020 09:31:35 GMT England batsman Jos Buttler was effusive in his praise for Rohit Sharma, describing the India opener as an awesome player, who can "effortlessly" take down any opposition by scoring big hundreds. "Rohit Sharma I think is an awesome player," Buttler said during an Instagram live session on Rajasthan Royals page. "Effortless. Quite a lot of Indian players have that awesome style. "He has been fantastic for a long time and I just like the way he bats and the effortless nature in which he takes people down." Rohit is currently regarded as one of the greatest ODI players, ranked only behind India skipper Virat Kohli at the top of the ICC rankings. The Mumbaikar is the only batsman to have scored three double hundreds in the format. The 32-year-old had equalled Sachin Tendulkar's record for most centuries in World Cup matches when he scored five hundreds at the 2019 World Cup to end up as the highest-scorer with 648 runs. "One of the things I have seen with Rohit is that if he gets in, he scores big runs and really affects the game. He must have scored 4-5 hundreds in the World Cup last year," said Buttler, who had shared the dressing room with Rohit at Mumbai Indians in the 2016 and 2017 seasons. Buttler feels the Indian players now have become better in negotiating short balls. "I think a few years ago people used to attack Indian players with the short ball but Rohit smashes them. Then you go fuller and he smashes them right down the ground." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Pakistan cricket doesn't need India to survive, says PCB chief Mani By www.mid-day.com Published On :: 15 Apr 2020 10:53:49 GMT Pakistan Cricket Board has suffered massive revenue losses but it doesn't need India to "survive" and keep its finances flowing, PCB chairman Ehsan Mani said on Tuesday. Terming the BCCI as "unreliable", Mani said Pakistan cricket is vibrant and strong enough despite not playing any bilateral series with India for long. "We have suffered losses but they (India) are not in our thinking or planning. It is like a Pie in the Sky situation. We have to live without them and we don't need them to survive," he said in a podcast released by the PCB's media department. "I am clear if India doesn't want to play we have to plan without them. Once or twice they have made promises to play against us but pulled out at the last moment," the former ICC head added. India had avoided playing Pakistan in a full bilateral series since the Mumbai terror attacks in 2008. Mani said resumption of bilateral cricketing ties with India in the foreseeable future is uncertain. "Right now we play against them (India) in ICC events and Asia Cup and that is okay because we are interested in playing cricket. "We want to keep politics and sports apart," he said. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Let's laugh it off! Ex-Mumbai Club cricketer trying to make a difference through free online sessions By www.mid-day.com Published On :: 16 Apr 2020 01:34:14 GMT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news Full Article
f Shoaib Akhtar responds to Sunil Gavaskar: There was snowfall in Lahore By www.mid-day.com Published On :: 16 Apr 2020 02:15:52 GMT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f India qualify for 2021 ICC Women's World Cup By www.mid-day.com Published On :: 16 Apr 2020 02:21:05 GMT Indian women's cricket team has qualified for the International Cricket Council (ICC) Women's ODI World Cup 2021, the cricket governing body announced on Wednesday. "The ICC Women's Championship Technical Committee (TC) has decided that teams will share points in all three series in the ICC Women's Championship that did not take place during the competition window," the ICC said in a statement. The series between India and Pakistan could not be played because of a 'Force Majeure' event after the Board of Control for Cricket in India (BCCI) demonstrated that it was unable to obtain the necessary government clearances to allow India to participate in the bilateral series against Pakistan that forms part of the ICC Women's Championship. Also, the coronavirus pandemic forced the cancellation of two series. South Africa was to host Australia and Sri Lanka was to host New Zealand in the last round of matches. New Zealand, the hosts of the World Cup 2021, and four highest-placed team on the ICC Women's Championship points table, has qualified for the premier tournament. Australia topped the table with 37 points followed by England (29), South Africa (25) and India (23). Pakistan (19), New Zealand (17), West Indies (13) and Sri Lanka (5) completed the table. The ICC Women's Cricket World Cup Qualifier is scheduled to be played from 3-19 July in Sri Lanka, this is subject to review due to the COVID-19 pandemic. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f PCB: Won't agree for Asia Cup cancellation to accommodate IPL By www.mid-day.com Published On :: 16 Apr 2020 04:31:24 GMT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Ishant Sharma: Can't pick between pink ball fifer and Lord's show By www.mid-day.com Published On :: 16 Apr 2020 05:55:34 GMT Fast bowler Ishant Sharma said that he can't pick between his seven-wicket haul at Lord's in 2014 and the fifer he took in India's maiden pink ball Test against Bangladesh in November 2019. "Both of them are equally memorable," Ishant said in a video tweeted by his Indian Premier League side Delhi Capitals. "Taking seven wickets at Lord's is obviously something I can't forget. And taking those five wickets with the pink ball also I can't forget because after 12 years I had taken a five-wicket haul." Ishant's 7/74 was crucial in India recording a historic win at Lord's over England in 2014. It was the first time in 28 years that India had won a Test at the famous stadium. Ishant's career went through many troughs after that before he resurfaced and became an integral part of the fierce pace battery that Virat Kohli's team now possesses alongwith Jasprit Bumrah and Mohammed Shami. In the pink ball Test against Bangladesh at the Eden Gardens, Ishant blew the opposition away in the first innings and ended up with figures of 5/22. It was his first fifer at home since 2007. Ishant last played for India at Wellington in their first Test against New Zealand before his ankle injury resurfaced. He was expected to play for Delhi Capitals in the 2020 edition of the IPL but it has been postponed indefinitely due to the coronavirus pandemic. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f KL Rahul should only be used as backup wicket-keeper: Mohammad Kaif By www.mid-day.com Published On :: 16 Apr 2020 06:35:14 GMT 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. Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f Michael Holding picks his 'fab 4' fast bowlers across generations By www.mid-day.com Published On :: 16 Apr 2020 07:55:52 GMT 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." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article
f A lot of cricket left in MS Dhoni, should play T20 World Cup: Mohammad Kaif By www.mid-day.com Published On :: 16 Apr 2020 08:31:55 GMT 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." Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates. Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever Full Article