A shorter tournament will mean a smaller share from the shrunken central pool of revenues for the eight IPL franchises, not to mention a reduction in gate receipts. Cricket Australia stands to lose some A$300 million ($174 million) should the coronavirus outbreak derail their high-profile home test series against India later this year.
India will soon make available many more COVID-19 vaccines to other countries after two Made-In-India jabs have already been introduced to the world, Prime Minister Narendra Modi said on Thursday while emphasising the country's global responsibility in fighting the pandemic.
'We are in close touch with Indian officials at all levels. We are also closely coordinating with our allies, friends, and Quad partners about how we can collectively support India in its hour of need,' a senior Biden administration official told reporters
There were speculations regarding Dhoni's participation in this year's T20 World Cup in Australia, which was postponed to 2022 due to the global health crisis.
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"As we look to 2050 we see climate change with unprecedented levels of CO2 in the atmosphere, a looming water crisis that governments across the globe are failing to acknowledge, and a health and poverty disaster with 65 per cent of the world's projected 8.5 billion population living in mega-cities," he said.
'Revanth Reddy mounted a spirited campaign in Telangana which turned around the fortunes of the Congress in six months.'
'Once elected, you have to act like people's representative for the full five years or else people show you your place.'
It is time the government cast its net wide for seeking expert advice on managing the Indian economy and formed a group to help it navigate the difficult days ahead, advises A K Bhattacharya.
This year's T20 World Cup is set to be moved from India to the UAE with the BCCI acknowledging that none of the participating teams would be 'comfortable' coming here because a third wave of COVID-19 cases is expected at the time of the event.
The poisonous haze has been causing significant problems for people with existing respiratory issues, according to doctors.
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
'A balanced head plus heart approach would be a full opening up of the economy including manufacturing and internal travel in the country but excluding COVID-19 hotspots,' recommends Jaimini Bhagwati.
CA chief executive Kevin Roberts said the schedule could change depending on the travel restrictions due to the health crisis.
Some of these items of consumption include ultraviolet disinfectants and sanitising boxes, free-finger touch devices, do-it-yourself grooming kits, self-cleaning water bottles, smart tiffin boxes, hand-sanitizer wearables, antiviral fabrics, tiles, flooring and mattresses, and anti-fogging glasses.
The UN Conference on Trade and Development (UNCTAD) said in a report on Monday that a lower but positive economic growth in India in the post-Covid-19 pandemic period and India's large market will continue to attract market-seeking investments to the country. The World Investment Report 2020 by UNCTAD said that India was the 9th largest recipient of FDI in 2019, with 51 billion dollars of inflows during the year, an increase from the 42 billion dollars of FDI received in 2018, when India ranked 12 among the top 20 host economies in the world.
Besides their country of origin, General Motors, Ford Motor and Harley-Davidson have another trait in common: all three have failed in India, the world's fifth largest automobile market. All three of them took a tough call to de-prioritise India as a market amid disruption from heightened regulations and sharper focus on capital allocation by the parent.
The Emirates Cricket Board has confirmed that it had expressed interest in hosting the Indian Premier League this year if India decides to shift the cash-rich T20 tournament out of the country in view of the COVID-19 pandemic. The 13th edition of IPL was scheduled to start in late March but it was postponed indefinitely due to the global health crisis. There is speculation that the BCCI is looking for an October window to hold the event in case the T20 World Cup in Australia is not held this year.
Shinde, participating in a discussion on the no-confidence motion in the Lok Sabha, took a jibe at the opposition coalition Indian National Develomental Inclusive Alliance (INDIA) describing it as a 'destructive alliance' and said the next elections will be fought on the issue of scams of the United Progressive Alliance and schemes of the National Democratic Alliance.
India has declined assistance offered by the United Nations of its integrated supply chain for COVID19-related material, saying the country has a "robust system" to deal with the required logistics, a spokesperson for UN Secretary General Antonio Guterres said.
Unless we control the coronavirus, we are going to struggle to get our economy and country back on track. The spectre of the virus haunts recovery, warns Naushad Forbes.
'There are worse things than being stuck with your in-laws during a nation-wide lockdown. Like actually enjoying being in that situation.'
The shooting World Cup scheduled to be held in two parts in New Delhi in May was on Monday cancelled owing to the coronavirus pandemic. The World Cup, originally scheduled to be held from March 15-26, was postponed to May barely four days before the start of the event.
Rather than worry about what picture of India is being painted in the foreign media, the focus must be on marshalling all our energies to provide relief and solace to our deeply wounded and dispirited citizens, says former foreign secretary Shyam Saran.
The indebtedness of Indian companies has had an adverse impact on the economy's investment climate apart from weakening their performance and seriously impairing the financial health of the banking sector. Unless both the problems are resolved, there is little chance of reviving investment and boosting growth on a sustainable basis, says A K Bhattacharya.
The apex body had also announced that ranking points earned at tournaments during the original qualification phase will be maintained.
This year's Indian Premier League has been postponed indefinitely following the coronavirus pandemic, key franchise officials said on Wednesday. After the lockdown was extended on Tuesday until at least May 3, Board of Control for Cricket in India (BCCI) officials held a teleconference before informing the franchises about a further delay.
The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues - lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar.
If the government had paid enough to begin with, or if it had made serious advance purchase commitments that allowed the vaccine producers to mobilise necessary investment, then it is possible to imagine more free or subsidised vaccines such as are available in developed economies, asserts Mihir S Sharma.
The 'terrible' surge of the coronavirus cases in India has severely impacted COVAX's vaccine supply in the second quarter of this year to the extent that there will be a shortfall of 190 million doses by the end of June, according to a joint statement by the WHO, UNICEF, GAVI and CEPI.
External Affairs Minister Jaishankar on Wednesday described the second wave of the Covid-19 pandemic as an "all consuming" challenge posed by a virulent strain of coronavirus and welcomed the enormous goodwill from countries around the world as a sense of solidarity in diplomacy.
Employees can be sent on LWP for six months or for a period of two years extendable up to five years, depending upon the following factors - suitability, efficiency, competence, quality of performance, health of the employee, instance of non-availability of the employee for duty in the past as a result of ill health or otherwise and redundancy.
Will G20 showcase an India that is inclusive, culturally rich, diverse and tolerant, asks Ramesh Menon.
In a ceremony held in Amritsar, foreign secretary Harsh Vardhan Shringla along with Afghan ambassador Farid Mamundzay and World Food Program Country director Bishaw Parajuli flagged off the first convoy of 50 trucks carrying the consignment.
This will boost availability of these items as well as make them cheaper, it said, adding that Modi also directed the revenue department to ensure seamless and quick custom clearance of such equipment.
India, which has shipped 'Made In India' COVID-19 vaccines to around 25 nations, on Wednesday urged the international community to stop 'vaccine nationalism' and actively encourage 'internationalism', underlining that hoarding superfluous doses will defeat global efforts to attain collective health security and combat the pandemic.
Prime Minister Narendra Modi on Sunday said India is a natural ally for the G7 countries in defending the shared values from a host of threats stemming from authoritarianism, terrorism and violent extremism, disinformation and economic coercion.
India captain Virat Kohli believes cricket in empty stadiums is a real possibility in a post coronavirus world and though it is unlikely to have a bearing on the intensity of players, he feels the magic would certainly go missing. The cricket boards across the globe are exploring the option of resuming the sport in empty stadiums. There is speculation that fans could be kept away from stadiums in a bid to salvage the T20 World Cup in Australia, which is currently under threat due to the global health crisis.
The draft calls for "impartial, independent and comprehensive" probe into the coronavirus crisis. Besides, an inquiry into the actions of the World Health Organization and "their timelines pertaining to the COVID-19 pandemic."
