Indian captain Virat Kohli is also backing Hardik Pandya to play purely as a batsman at the T20 WC, saying: 'We understand the value he brings to the team as a number six batter and in world cricket, if you look around, there are specialists who do that job.'
Uttar Pradesh clinched their maiden Mushtaq Ali T20 Trophy with a thumping 38-run win over two-time champions Baroda in the final under flood-lights at the Wankhede Stadium in Mumbai on Wednesday.
Hardik Pandya has been on the road to recovery after going under the knife following a lower-back injury five months ago. Hardik slammed eight fours and 10 sixes in his sizzling innings
Team India will have to choose between experimenting and continuing the winning combination
India's cricketing great Sachin Tendulkar on Friday donated Rs 50 lakh to fight the COVID-19 pandemic, which has so far claimed 17 Indian lives and wreaked havoc globally. Tendulkar's donation is so far the biggest contribution among India's leading sportspersons, some of whom have pledged their salaries while a few others have donated medical equipment to fight the dreaded outbreak, which has caused more than 24,000 deaths globally.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
If there is a morality tale here, it is that debt and death spare no king.
After outperforming the broader market and their public sector peers for the better part of the post-Lehman period, private sector banks - such as HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank - are now underperforming. Last week, the Nifty Private Bank index was up just 6 per cent year-to-date in the calendar year 2021, against nearly 13 per cent rally in the Bank Nifty and a 15 per cent rise in the benchmark Nifty50. Public sector (PSU) banks, such as State bank of India, Bank of Baroda, and Punjab National Bank, are now rally leaders and outperforming the broader market. The Nifty PSU Bank index was up 42 per cent since the beginning of this calendar year. But on a longer term, the Nifty Private Bank index is up 101 per cent since March 2016, against a 118 per cent rally in the Bank Nifty and just 2 per cent rise in the Nifty PSU Bank index in the period.
The talk of governance reforms at public-sector banks seems to remain on paper, as a majority of them continue to be working with just a handful board members. Half of the board seat at these banks have been vacant. Ten of the 12 public-sector banks, even large ones like Punjab National Bank, Canara Bank and Union Bank of India - all except State Bank of India (SBI) and Bank of Baroda - don't even have a chairman. In 2014, while splitting the post of chairman & managing director (CMD), the government had decided to appoint non-executive chairmen at these banks. SBI, which has an executive chairman and four managing directors, was an exception.
Hardik Pandya bowling during an intra-squad game is a 'good sign', feels dashing India batsman Suryakumar Yadav, who believes that the bowler and the team management would take a call on his workload during the upcoming limited-overs series against Sri Lanka from July 13.
'He has got the range and not too many bowlers can keep him quiet.'
All-rounder Krunal Pandya in all likelihood will make his senior India debut after being named in the final 12 for Sunday's first T20 International against West Indies.
Former Indian women cricket team coach Tushar Arothe was arrested in Vadodara in connection with Indian Premier League betting.
Experts attribute the lower target to increased allocation under the credit guarantee scheme for small businesses. Out of the Rs 3.21 trillion worth loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) in the last financial year, Rs 3.12 trillion were disbursed to entrepreneurs, according to official data.
Named among probables for Syed Mushtaq Ali tournament.
The interest rate offered by PSBs like SBI, BoB and BoI hover around 8.9 per cent-10.50 per cent. For private banks, the range is between 10.49 per cent and 12 per cent.
Who would you pick in India's playing XI for Tuesday's first One-Day International against England?
Karnataka pacer Prasidh Krishna, all-rounder Krunal Pandya and Suryakumar Yadav earned their maiden ODI call-ups on Friday as selectors picked the trio in India's 18-member squad for the upcoming three-match series against England.
After being plagued by injury, Baroda captain Irfan Pathan returned to lead the team to the Ranji Trophy quarters. Now that Baroda's season is all but over Yusuf's stint as captain could, at best, be described as bittersweet, writes Bikash Mohapatra.
'My fight against the dictatorship was born out of the conviction that evil should be fought, but it never entitled killing or what the prosecution say 'criminal force'
The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund infusion to stay afloat. There was a meeting of DOT officials and senior bankers on Friday on the issue of Vodafone, sources said, adding that banks have been asked to look for a solution within the prudential guidelines. According to sources, senior officials from the country's biggest lenders State Bank of India and Bank of Baroda were also present among others in the meeting. More such meetings are expected to take place in the coming days, they said.
Fit-again India all-rounder Hardik Pandya is attempting to make his comeback by taking part in the D Y Patil T20 tournament, starting in Mumbai, on Monday. Shikhar Dhawan and Bhuvneshwar Kumar are also on their road to recovery after sustaining injuries.
Tamil Nadu all-rounder M Shahrukh Khan had a base price of Rs 20 lakh but Punjab Kings happily shelled out a huge sum to secure his services
Where does one find a man who shows no bitterness or animosity towards Hindus, even after a frenzied Hindu mob burnt his house down?, Jyoti Punwani asks in this tribute to a truly extraordinary Indian.
Ajit Mishra answers reader queries on the stock market.
Unlike any other national asset, which is typically sold to the highest bidder, the profile of the bidder is the most important criterion for a licence to bank, and even for acquiring more than 5 per cent stake, explains Tamal Bandyopadhyay.
Before taking such loans, compare the interest rates charged by various players, advises Sanjay Kumar Singh.
A summary of Wednesday's play in Ranji Trophy matches across the country.
Reserve Bank carried out the investigation and noted the deficiencies which were reflective of weaknesses and failures in internal control mechanisms
Hardik suffered an acute lower back injury five months ago and underwent a surgery in London, following which he has been rehabilitating at the National Cricket Academy in Bengaluru. Hardik Pandya hit four towering sixes and ran swiftly between the wickets at the DY Patil T20 Cup as chief selector MSK Prasad closely monitored his fitness.
'Pump prices of petrol and diesel have reached historical highs. An unwinding of taxes on petroleum products by both the Centre and the states could ease the cost-push pressures,' the Monetary Policy Committee (MPC) has said.
The telecom regulator on Friday released a list of 40 "defaulter" principal entities, including large banks like HDFC Bank, SBI and ICICI Bank, that are not fulfilling the regulatory norms on bulk commercial messages despite repeated reminders. Hardening its stance on the issue, the Telecom Regulatory Authority of India (TRAI) warned that defaulting entities should comply with the stipulated requirements by March 31, 2021 "to avoid any disruption in the communication with customers" from April 1, 2021. "As sufficient opportunity has been given to principal entities/ telemarketers to comply with the regulatory requirements and that the consumers cannot be deprived of the benefits of the regulatory provisions any further, therefore it has been decided that from April 1, 2021, any message failing in the scrubbing process due to non-compliance of regulatory requirements will be rejected" by the system, TRAI said in a statement.
The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuing perpetual bonds. The norms, which had sought to value banks' deemed residual maturity of Basel III additional tier 1 (AT1) bonds as 100-year debt from April 1, were strongly opposed by the finance ministry. In a statement released on Monday, the regulator said the maturity would be 10 years until March 31, 2022, and would be increased to 20 and 30 years over the subsequent six-month period.
Corporation Bank is the biggest beneficiary of this round of capital infusion with Rs 9,086 crore of funding, followed by Allahabad Bank with Rs 6,896 crore.
Karnataka dished out a clinical show as they beat Andhra Pradesh by 53 runs in their Elite Group A match of the Vijay Hazare Trophy, in Bengaluru, on Monday.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Medium pace duo of K V Sasikanth and Cheepurapalli Stephen returned with five wickets each as Andhra Pradesh notched up a comprehensive nine-wicket win over Delhi in their Group A Ranji Trophy match on Friday. A round-up of the Ranji Trophy matches on Friday.
This is part of the first batch of Supplementary Demands for Grants for 2020-21 moved by Finance Minister Nirmala Sitharaman in the Lok Sabha.
Javier Ceppi, tournament director of the FIFA Under-17 World Cup to be hosted by India next year, expressed his happiness about the way things were moving ahead in the preparation of the tournament.
A British court on Monday granted a bankruptcy order against Vijay Mallya, paving the way for a consortium of Indian banks led by the State Bank of India (SBI) to pursue a worldwide freezing order to seek repayment of debt owed by the now-defunct Kingfisher Airlines. "As at 15.42 [UK time], I shall adjudicate Dr Mallya bankrupt," Chief Insolvencies and Companies Court (ICC) Judge Michael Briggs said in his ruling during a virtual hearing of the Chancery Division of the high court. "I have to decide if there is a real prospect of payment of petition debt in full within a reasonable period of time... there is insufficient evidence that [Mallya's asset realisations in India] will pay the debt in full within a reasonable period of time," Judge Briggs noted, in reference to defence arguments pointing to a restoration process in India following a Prevention of Money Laundering Act (PMLA) court order for the attachment of Mallya's assets.
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