ia Sania Mirza: Coaches should be sensitive to 'hormonal changes that girls go through' By www.mid-day.com Published On :: 7 May 2020 04:30:34 GMT Tennis ace Sania Mirza said that one needs to be more sensitive while coaching young female sportspersons. Speaking in the All India Tennis Association and the Sport Authority of Indias digital Coachs Education webinar on Wednesday, Sania said that coaches need to be sensitive of the hormonal changes that girls go through while working with them. "My dad always tells me that to work with a woman tennis player is a lot trickier and a lot more mental because I do think that there are a lot of issues that girls go through, especially when they are adolescent," said Sania. "There are so many changes that are happening, internally in your body and externally as well. You are trying to be the best tennis player that you can be while there are so many hormonal changes happening as well, and it happens throughout the life of a woman. "You can be a little bit more sensitive to their needs and the way they are because a lot of the times they are just trying to discover who they are, while they are also trying to be a tennis player. It can be a pretty tough job." 33-year-old Sania made her comeback to tennis this year after giving birth to her first child. She won the Hobart International in January before playing an integral role in helping India seal a historic playoff spot in the Fed Cup. "Just the way I have managed everything else, I could manage both tennis and motherhood. I am lucky enough to have enough help around me as well, that is a huge plus point for me. My mom and my sister have played a huge part in giving me as much help as possible," said Sania on being asked about how she is managing the twin-role of mother and professional tennis player. "A lot of people questioned it even when I was trying to make that comeback, how did you find time to lose so much weight. There's so much that happens with your body after you give birth. You just have to, sort of, adapt, find a way to take out two hours from your day to work-out and try to find that balance. It's also good for your own sanity as well, to find time for yourself." 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
ia Sania Mirza explains Mitchell Starc 'joru ka ghulam' tweet: Much deeper issue By www.mid-day.com Published On :: 8 May 2020 06:15:28 GMT Tennis ace Sania Mirza spoke about the tweet she put up in March when Australian fast bowler Mitchell Starc missed an ODI match to watch his wife and women's cricket star Alyssa Healy play the T20 World Cup final at the Melbourne Cricket Ground. Sania, who is married to former Pakistan captain Shoaib Malik, tweeted: "Sure thing !! God forbid it would be a guy from the subcontinent, the guy would be called a ‘joru ka ghulaam' in one second ?? good on you Mitchell ???? couple goals for sure!!" Sania on Thursday explained that she was speaking about the abuse that she or Indian actor Anushka Sharma face whenever their husbands miss out on the field. Anushka is married to Indian captain Virat Kohli. "It (Tweet on Starc) was funny because me and Anushka probably relate to this the most," said Sania in a video interaction with Indian cricketers Jemimah Rodrigues and Smriti Mandhana on their Youtube chat show "Double Trouble." "I think whenever our husbands perform, it's because of them and when they don't it's because of us. I don't know how that works," she said. Sania said that the phenomenon points to a deeper cultural issue. "We are saying it as a joke but I think there is a much deeper issue. The deeper issue is that a woman can always be a distraction and not a strength. "That's a cultural issue we have to deal with. Oh ‘if your girlfriend is there or your wife is there, he must be distracted because he is going out for dinner'. That doesn't even make any sense. "When he (Starc) went back to his wife to watch the World Cup final and everybody was hailing him, I was trying to just picture Shoaib doing that for me and I was like, hell would have broken loose if that would have happened. "They would have said that he is such a joru ka ghulam, he is going and watching a women's cricket match. I just felt it. Sometimes humour also brings out the truth in many things. "Anushka and I had a long conversation about it. We both were like, my goodness this is so true." 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
ia Victoria Azarenka: My son Leo hates to lose By www.mid-day.com Published On :: 9 May 2020 06:09:15 GMT Former World No. 1 tennis player Victoria Azarenka, who is in lock down at home in Belarus with son Leo, four, is enjoying her motherly duties. Interestingly, the two-time Australian Open champion Azarenka said that her son has a rather competitive streak which she has noticed after spending the last one month with him during quarantine. "It's been one month just with him and his competitive side comes out. He always wants to win everything. It's impossible to play with him if he doesn't win. That's been a little bit of challenge for me because I like to win as well," Azarenka told the thetennischannel.com. "I have to pretend that I'm losing to him all the time. This drives me a little crazy, to be honest," she added. Azarenka is a single mother, having split from ex-boyfriend Billy McKeague in 2017. She won legal custody of Leo after a bitter court battle. 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
ia Live like a Kardashian in Dubai By www.mid-day.com Published On :: 07 Jan 2018 06:18:49 GMT It's like a scene out of Princess Diaries. I enter my suite at Burj Al Arab and let out an exclamation. The large, plush living room in hues of blue and gold looks out on the pristine Persian Gulf. "This is my room?," I manage to squeak. "Yes," my personal butler says. "If you follow me, the bedroom is above." Above? The winding stairs lead up to more luxury, in the form of a walk-in dressing area, a bathroom that has my own private jacuzzi, and a bedroom that's a shame to be enjoying alone. After the butler leaves, asking me to call him for anything my heart may desire, I decide to soak my weary, it's-December-and-I-need-a-break bones into a hot jacuzzi, as I listen to music and play with the foam. Ok, I know I have moved from Princess Diaries to Julia Roberts in Pretty Woman, but bear with me. And so, I prance into the bedroom, 20 minutes later, suitably loosened up, I plonk myself on the bed in my soft, white bathrobe. And that's when I see it — a ceiling mirror. And that's when I forget about being a princess or a pretty woman — I morph into a Kardashian as I take my first selfie of the trip. Don't blame me, it's a ceiling mirror after all. Pics/ department of tourism and commerce marketing As I post the picture on my Instagram with appropriate Kardashian references, I look around and admit sheepishly — it's easy to get used to luxury. It's rumoured that Dubai got its name from an Arabic proverb "Daba Dubai" which means "They came with a lot of money". Well, you have to come with a lot of money so you can really enjoy all that the city has to offer. Dubai has never shied from flaunting what its sheikh rulers have given it — gravity-defying skyscrapers (Burj Khalifa at 829.8 metres), high-fashion malls, ultra luxurious hotels and a glittering nightlife, among many other attractions. Though you may have looked at it all from far and shook your head in disdain at the unnecessary opulence of it all, once you are here, it seems just natural to enjoy it. Thanks to the fact that I am staying at the Burj Al Arab, the only certified seven-star in the world, my short two-day trip to Dubai has started on a lavish note. After my bathing and preening routine, I am informed that I will be watching a production of La Perle (The Pearl) created by Franco Dragone (the Italian-Belgium director who was once creator at Cirque du Soleil) as the first resident show of Dubai. After a drive that acquaints me with the buildings I have only seen in pictures (the Burj Al Khalifa, the Dubai Frame among others), I find myself seated in front-row seats at the theatre, I really don't know what to expect. But the next 90 minutes are a mind-boggling treat. Performed at a theatre that uses state-of-the-art technology, and houses an aqua-stage and a 12-metre deep pool filled with 2.7 million litres of water, 65 world-class performers, dancers, circus acrobats from 23 countries, perform breath-taking and extraordinary stunts, ranging from acrobatics and contortion to flying and diving. At the end of it, believe it or not, I am tired of gasping. But the show is once again about how Dubai doesn't do anything half-heartedly. If you are going to get a resident show, make it big. The next morning, after having barely slept (the large, quiet room sadly doesn't come with a hot sheikh to keep you company, wink wink), I head down to have breakfast as I look out on the gulf. Arabic delicacies share space with European and American food at the expansive buffet, and it all looks delicious. If I wasn't a fan of mezze (made up of babaghanoush, hummus, muhammara and much more), I am a convert now. My relaxed meal sets me up for a day full of, let's see, yes, more relaxing. As I sink into the massage table, I am once again forced to see myself as another pop culture icon. I transform myself into Carrie Bradshaw in a glittering, starry outfit, and high heels (bought at a mall visit in the morning), for my dinner at the Burj's Scape restaurant that serves Californian cuisine. I don't know if the delicious pizza I ate was Californian, but it was worth it. It's just fitting to end the day with another picture, this time in full Carrie style, with my hand on my hip and my glitter in all it's Instagram-filter glory. As I stand by a gold ceiling prepping my smile, our hotel guide observes, "that ceiling is made up of real gold", and I just smile, "I didn't expect anything lesser." Catch up on all the latest Mumbai news, current affairs from Mumbai, local news, crime news and breaking headlines here Catch up on all the latest sports news and updates here Full Article
ia Valentine's Day: Five not-so-predictable ideas to make the day special By www.mid-day.com Published On :: 09 Feb 2018 03:00:36 GMT For mid-air thrillsIf you love the rush of adrenaline, sign up for Sky Waltz Balloon Safari near Pune (also available at Kamshet). Spend an hour in the air in a hot air balloon, where organisers can also make special arrangements for a planned marriage proposal or birthday celebration. It's run by licensed commercial hot air balloon operators authorised by the Directorate General of Civil Aviation.On: date as per choice meetAt: Hotel Orritel, Talegaon.Log on to: insider.inCost: Rs 6,800 onwards For an aerial viewIf your partner is bored of exploring the same old sights in the city, book a view from the top in a helicopter joyride. On offer are 10- to one-hour rides with routes that will cover the Bandra-Worli Sea Link, Dadar, Mahalaxmi, Haji Ali, Girgaum Chowpatty, airport, Filmcity, Pagoda, Marine Drive and other attractions.On: date as per choice Meet at: JuhuLog on to: accretionaviation.comCost: Rs 8,250 onwards For lilting tunesIf you are a music buff, take your beloved to scout for old records at The Revolver Club, which has a vast library of vinyls from various genres. You can also head to the chaotic Chor Bazaar to scour for rare music finds. With your musical gift sorted, head to the historic Royal Opera House and attend a jazz performance by Karim Ellaboudi on piano, Adrian D'Souza on drums, Dee Wood on bass, and Shreya Bhattacharya on vocals.At: The Revolver Club, Mahim; Chor Bazar, near Bhendi Bazaar; Opera House, Girgaum. For a brush with the seaPick a day to explore the harbour of the city in an open sail boat by Small Steps Adventures. The weather makes it the perfect time to set sail before the summer starts. Pack a picnic basket and make it the perfect date with goodies cooked by you for your other half.On: date as per choiceMeet at: Jetty no 5, Colaba.Log on to: eventshigh.comCost: Rs 4,500 onwards For a heritage classIf you dig the past and want to learn more about the city's ancient history, hike to Kanheri Caves in the heart of Sanjay Gandhi National Park. These rock-cut Buddhist monuments date back to 1st century BCE - 10th century CE. Another option is a ferry ride to the Elephanta Caves, a UNESCO World Heritage Site off the harbour, that house Hindu and Buddhist relics, the Trimurti relief (in pic) being the most popular sight.How to reach: Take a train to Borivali (East, for the National Park); hail a taxi to the Gateway of India from CSMT or Churchgate (for a ferry ride to Elephanta Island). Catch up on all the latest Mumbai, National and International news here Download the new mid-day Android and iOS apps to get updates on all the latest and trending stories on the go Full Article
ia Indonesia eyeing 7 lakh tourists from India in 2018 By www.mid-day.com Published On :: 28 Feb 2018 10:43:35 GMT Indonesia is hoping for an "exponential" increase in tourist inflow from India and has set its visitor arrival target at seven lakh from the country in 2018, a senior official from the island nation has said. The country received 485,314 Indian visitors in 2017, which is nearly a 30 per cent rise from the year before, he noted.With several low-cost airlines providing affordable deals between India and Indonesia, the island country is hoping to make the most of the opportunity, Pupung Thariq Fadhillah, the deputy director in the Ministry of Tourism, Indonesia, said during his recent visit to the city. "The exotic Bali island remains one of the most-favoured destinations for Indian tourists, over 50 per cent of whom enter the country through Denpasar airport in the island," senior tourism official DAL Janapriati said.Seeking to offer 'Greater Bali' to the travellers, Fadhillah, who led a delegation from Indonesia to promote the country's tourism sector, said the country would also love to introduce ten more destinations to the Indians in the near future. Lake Toba, Tanjung Kelayang, Tanjung Lesung, Seribu Islands, the Borbodur, Bromo-Tengger-Semeru cluster are among the new hotspots in the Indonesian province, Janapriati said. "If we achieve the target of seven lakh tourist footfall from India, the country will rise to the fifth position in Indonesia's tourist footfall ranking, with Japan now at the top," she added. Full Article
ia Here's why Taiwan is an emerging destination for intrepid Indian travellers By www.mid-day.com Published On :: 26 Mar 2018 13:30:41 GMT Taiwan Those caught up in the hustle bustle of a city life -- and craving for someplace pristine, calm and relaxed -- will fall in love with Taiwan. But along with its tranquillity and peace, there is also the effervescence of a place celebrating its culture and language with aplomb. This small island nation in the South China Sea is truly the heart of Asia - and it is fast catching the attention of Indian travellers, offering as it does a perfect combo of fabulous food, superb night life, bustling markets, hot springs, culture, history, architecture and stunning natural beauty - from gentle mountains to lovely coastal landscapes. It was around the Taiwan Lantern Festival 2018 that we landed at Taichung International Airport here to be greeted by our tour guide, the friendly and ever-smiling Charles Tung. And he wanted all of us - a group of travelling journalists - smiling as well. "Say cheese," he said as he got us to pose for a group photo before we embarked on our journey of exploration. And there is much to explore. "Taiwan has a truly unique natural beauty. There are beautiful places like Sun Moon lake, Yangmingshan National Park, Black Dwarf Cave... to name just a few. These places provide an escape from the chaos of urban living," Noel Saxena, Country Head, Taiwan Tourism Bureau India Office, told IANS. Saxena said Taiwan is also very rich when it comes to art. "Be it dance, music or even folk art, the Taiwanese have earned critical acclaim with an exceptional display of talent. Taiwanese hand puppetry and Taiwanese opera are two foremost examples of art forms that are authentically Taiwanese, in that they use the Taiwanese language, not Mandarin," he informed. The Taiwanese love for music and art was evident at Ten Drum Ciatou Creative Park, located in Kaohsiung. Once a sugar processing plant, it is now the hub of a percussion group -- the Ten Drum Percussion Group that has won accolades globally, including a Grammy in the Best World Album category. While taking a walk around the former factory, we had to take a path made up of the branches of trees... Quite literally, we were walking on trees without fear of falling down -- a unique experience. Other stops included the Formosan Aboriginal Culture Village, a comprehensive recreational area featuring Taiwanese indigenous people's cultural relics as well as amusement park facilities; and the Sun Moon Lake, situated near Yuchi township, was truly mesmerising. One of the most beautiful alpine lakes in Taiwan, it is shaped like a crescent moon; hence the name. The Buddha Memorial Centre at Fo Guang Shan is a landmark in the country. Touching 108 metres in height, the Buddha is made up of 1,872 metric tonnes of copper and iron and is currently the world's tallest bronze seated Buddha. "Taiwan is blessed with natural beauty, scenic areas, great food, astonishing history and culture -- and Taipei 101. This makes it a great destination. It is a destination for all age groups," said Saxena. The country is home to only about 20 million people and is a technology powerhouse. This was quite evident even at the traditional Lantern Festival - held earlier this month -- where all the work displayed was high-tech. 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 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
ia 10 multi-purporse travel essentials you cannot do without By www.mid-day.com Published On :: 17 Apr 2018 14:16:21 GMT Are you planning a long distance travel or a long vacation? Confused what to take and how to pack all your belongings? Worry not, as experts like Shikhee Agrawal, (Head - Training, The Body Shop India) and, Shubhika Jain (Founder of RAS Luxury Oils), have listed 10 must-haves for long distance travel. Also, while travelling long distances, it is best to choose products which are more multi-purpose and carry essentials in travel-size bottles. Here are 10 such travel essentials you just cannot do without: 1. Face mask: A face mask is one of those essential and handy things that will make you feel better instantly when you are travelling. If you don't have space in the bag to pack your sleeping creams, a mask will help you wake up with refreshed and moist skin. 2. Face elixir: A face elixir with a blend of beauty oils with rose, sandalwood, frankincense, patchouli, rosehip and vetiver nourishes your skin, ensuring your face always has a gorgeously glowing, satin complexion. After your morning/evening cleansing ritual, take 2-3 drops in the palm of your hand and rub them together to warm before pressing gently onto your face and neck to infuse into the skin. These elixirs can be used as a handy to-go multi-purpose moisturiser when in need of hydration. 3. Cleanser: Don't forget to carry your skincare routine with you especially when it comes to cleanser. They can prevent multiple problems like dust. It will even help you remove make-up and moisturise skin. 4. BB cream: This cream is not just subjected to ultra-fine glow of the face anymore but also contains optimal SPF factor and acts as the skin perfecto and primer. It's best and sensible to avoid multiple products but simply replace it with a good BB cream for the radiance with protection. 5. Eye concentrate or serum: Travelling can make your dark circles appear big due to the long journey and lack of sleep. So an eye concentrate or serum is a must to be included during your daily skincare regime. Eye creams are usually enriched with ingredients which detoxify and reduce puffiness around the tired eyes. 6. Lena perfume bottles: When you need to select a scent for your vanity, pick up one in a travel-sized package. The lean bottles easily slip into your bag and will never spill. 7. SPF enriched lip balm: Lip balm with minimum SPF 15, keeps your pout nourished and soft with moisture boosting lip balm that contains a minimum of SPF 15. 8. Hand and foot cream: A hand and foot cream is a must for keeping every part of your body moisturised, with no rough sides. Travelling while caring for your skin is a must. 9. Lavender and geranium salt polish: For exfoliation, a lavender and geranium salt polish is a good, safe and natural choice. It is a perfect way to get rid of dry, dead skin which may have resulted from a sunburn or just not enough hydration. The salt polish can also be used as bath salts. 10. Use distinct pouches: Keep similar items together and it's best to use distinct pouches for everything and pack them right in the middle of your luggage so as to form a gentle cushion over them and to make sure that they don't get squeezed accidentally. (Edited by mid-day online desk, with inputs from PTI) Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
ia European countries a hot destination for Indians By www.mid-day.com Published On :: 20 May 2018 10:39:58 GMT Representational picture New Delhi: With travel bug catching up in India, European countries are a preferred destination for Indians this summer, according to a survey. Searches were conducted by travel search engine KAYAK.co.in between October 1, 2017 to March 23, 2018 for travel dates between May 5, 2017 and August 31, 2018. As per the search, Moscow and Istanbul are taking the lead with year-on-year increase in flight searches by 269 and 252 per cent respectively. Other trendy destinations this summer show that Indians are interested in travelling not only to the well-known European destinations like Spain, Germany and Greece but also to some less conventional ones like Norway, Hungary and even Iceland. Europeans on the other hand are travelling to Palma Mallorca in Spain the most, followed by London and Lisbon. Considering the budget, several European locales are emerging as good options for travel from India without burning a big hole in the pocket. Istanbul, which is also the second top-trending destination, is seeing a price drop as high as 95 per cent compared to the average trip cost. This is followed by Milan, Italy, with a 37 per cent drop in the average trip cost. With warm weather in Europe, this represents a good opportunity to travel to these European destinations for a summer adventure at a reduced price. Abhijit Mishra, Director of India and Middle East, KAYAK, said in a statement: "With the summer holiday period quickly approaching, travel planning is on the rise and it was interesting to see how European countries have emerged as the preferred destination for Indians this year." 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 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
ia Two Mumbai musicians talk about their craft while enjoying Asian feast By www.mid-day.com Published On :: 27 Sep 2017 03:09:45 GMT Arijit Datta hobbles into The Fatty Bao with a twisted ankle. Sidd Coutto bustles in 10 minutes later. The former's a music composer who's moved away from bands like Agni and Airport towards film and advertising, while the latter is probably the busiest musician in the city's indie circles. They first dive into starters — Crystal Dumpling, Spicy Mushroom Sushi Roll, Dancing Prawns and California Rolls — and then into conversation about their craft. Sen: How do you switch seamlessly from making indie music to more commercial projects?Datta: It's not a switch really. I think that for me and for Sidd also, wherever there is a mode of expression, we just go there and do our thing.Coutto: Yeah, true. For commercial concerts, you just go up there and rock 'n' roll, dude. It's just a two-hour gig, where you're hanging with your buddies on stage and partying away.Datta: It would be different when it comes to writing songs, which we both do, because if you have to mould yourself according to the audience, that's what you might call a switch. Sidd Coutto (left) and Arijit Datta share a laugh at The Fatty Bao in Bandra. Pics/Pradeep Dhivar Sen (to Datta): So when you were composing for the movie Filmistaan, did you have to keep the audience in mind?Coutto (answering for both): See, performing is one thing and composing is another. When you're writing for films, you have to be clear that it's the director's baby. You are facilitating his vision. Yes, it's your baby at one level, but you're not both the mummy and the daddy.Datta: The good part about Filmistaan was that the director let me interpret the film my own way. So I never had to break away from my own self, because the music came naturally to me. Plus, the movie had no market pressure as such, so I didn't really have a brief.Coutto: ...Which by the way isn't the norm, so [singing to the tune of a Daft Punk Song] you got lucky.Datta: Yeah, and for me, I think very cinematically. Even with my band's songs, if I just change the arrangements a bit, they can be in a film.Coutto: Also, when most people come to you for work now, they come for what you make. It's not like the old days when it was like, 'Aisa banaa aur waisa banaa.' So you don't have to switch so much, since they want you for you.Datta: I think there are newer minds. There are newer storytellers with a different language altogether, who go in search of newer sounds, voices and composers. Sen: So it's not the era of Jatin-Lalit and Anand-Milind anymore?Datta: No. But they also had their own sound. At that time, Jatin-Lalit were the kings, ya. Of course, they didn't move with the times.Coutto: Or, the times moved away from them. But they did try. Infact, [Anand-Milind's] Qayamat Se Qayamat Tak is my favourite Hindi film album of all time. Datta: Yeah, it's my favourite too. It was a complete album. Even the least-remembered song [sings a bar from Kaahe Sataye], even that I remember! So yeah, they did their time; they brought in their sound and gave us memorable tunes. But then our tastes started changing. MTV, Channel V and VH1 came in, and the world suddenly became bigger. The mains, Asparagus Bacon Fried Rice and Exotic Mushroom Ramen, arrive. This is followed by moments of silence interspersed with appreciative sounds such as 'mmmm'.Sen: What are some of your favourite places to eat at in Mumbai?Coutto: Over the past couple of years, I've discovered that Social actually has awesome food. They have a vast variety of things, with small dishes included. Did you know that they have something on the menu called Staff Khaana? It's exactly what their staff eats and it's great, dude. But I don't end up ordering it as much because there are so many more things I like. But they have removed bheja from the menu, and I love bheja.Datta: I can never have bheja, man.Sen: So if you go to Bangkok you're never going to try cockroaches and locusts?Datta: Never. I can't go in that direction. I know that people are adventurous with their food and everything. But I can't do that.Coutto: For me, when it comes to food, I let my nose guide the way. Otherwise, I have no restrictions.Datta: I love going to this place called National. It's a dhaba that a Sardar owns and it's been running since 1952, near Bandra Talao. It serves pure food, you know, the sort with less oil — makki roti with butter on top, rajma, bhindi — and you can even have their water and nothing will happen to you. Coutto [Putting his fork down and rubbing his tummy]: Yeah, I'll go there with you sometime. But right now, I think I'll go home and play some slow blues songs.Quick takes Full Article
ia Four Indian women share mantras to race against the odds at workplace By www.mid-day.com Published On :: 02 Oct 2017 04:05:55 GMT The recently-released Emma Stone film, Battle of the Sexes, takes a relook at the debate on gender equality. Four Indian women, all in a minority in their professions, share mantras to come up trumps at the workplace Go beyond misogynyPriyanka Kochhar, Model and professional racerMotorcycling remains a male-centric field. I model for a living so that makes it even stranger for men to see me on a bike. Luckily, I am my own boss but for every motorcycle I ride or event I participate in, I'm usually the lone woman. It used to be intimidating at first because I knew I wasn't as well-read about the technicalities of motorcycles. But now, after two years of BikeWithGirl [her Instagram account], many male riders have begun to see me as they see their colleagues. I'm happy to note that motorcycle brands treat me the same way they treat male bikers. Maybe my hunger to do this is what they see and not my gender. The way I've tackled misogyny is by going beyond it. It used to rile me up at one point. But work still has to get done, so I figured there was no point mulling over it. It has been hard, there's no denying it. And yes, there are still some critics but I've received a lot of support as well. Be proactive at workArchana Savleram Hadawale, Code-maker and software engineerI am the only woman in a team of 11 men. I love to accept challenges, and coding offers a new challenge every day, which is why I picked the profession. You press an enter key, and the world changes. I come from a simple family where no one is a post graduate. It wasn't easy to pick software engineering. My parents weren't supportive at first; they wanted me to get a nine-to-five job and pay attention to household work too. They also didn't want me to stress too much due to a health condition. There is a solution for everything. I meditate to deal with the stress that comes with the job. If someone says you can't do it, tell him or her, 'Maybe I can't, but I will sit with you to get it done.' Don't wait to get work, ask for it. Whenever I work late, I see to it that there is someone whom I can trust around. Having a good senior helps. Since I don't come from the same social background as my colleagues, my manager provides me guidance to tackle hurdles. In the end, your work will do the talking. Women must support womenDevita Saraf, Technology entrepreneurTechnology is challenging, engaging and futuristic; it's why I chose this field. I have two challenges, one that I am a woman, and two, I am a leader; people don't take this combination seriously. Whenever I am meet somebody or am at a meeting with a retailer, I show that I am in charge. Your confidence should be high and your words must carry weight. This helps people take you seriously. It gets difficult in towns and cities outside metros where the older generation might show disregard. But you need to react graciously as they may not have dealt with women in business. The number of women in technology is increasing; I interact with several female technology graduates but many suffer from parental pressure to choose marriage over career. I push for women in my company; women must support other women. Several department heads in my company, be it corporate sales or R&D, are women. Technology is a good industry for women as you are known for your IQ, and if you walk the talk, men respect you. Set up pro-women systemsSeethalakshmy Narayanan, Investment bankerThe female:male ratio in my company is 10 women to 65 men. However, the men are supportive. It is important for workplaces to set systems in place to help women produce a solid output. An action as simple as having a peon stay back for the safety of a woman when she is working late makes a big difference. Give your 100 per cent, no one will hold you back. Full Article
ia Gabriella Demetriades and Nikhil Thampi get chatty over Bollywood and style By www.mid-day.com Published On :: 10 Oct 2017 03:30:01 GMT She's sizzled on lists featuring the world's hottest women. So, when South African model-designer Gabriella Demetriades walks into The Daily, it's easy to figure why. There's no discernable make-up on her face; her slip dress is perfect to take her from day to evening. It's impossible to ignore Nikhil Thampi too, with his tall build and sunglasses in place. "You always wear amazing boots," he tells Demetriades. The two designers, known for their sexy western creations, slip into comfortable chatter. Fashion designers Gabriella Demetriades (left) and Nikhil Thampi at The Daily Bar & Kitchen in Bandra. Pics/Sneha Kharabe Sabhnani: What made you enter menswear?Demetriades: Because no one's doing it! I am doing more of a casual daywear line that is unisex — jeans, tees and jackets.Thampi: Menswear has evolved from what it was five years ago. Men are more experimental. I remember I had done cowl kurtas in my GenNext show; it wasn't big back then. Every top designer today is doing drapes for menswear. I thought, let's revisit it. Although, it is mostly Indian, nobody is doing predominantly western clothes. We thought of doing a small collection of eight looks to check the market. We have been flooded with offers. I never believed in celebrity showstoppers till today [Hrithik Roshan walked for his show].Demetriades: It's amazing when they wear them as it goes viral. But then it depends on the celebrity too. As a foreigner, it was interesting to see that.Thampi: We both owe a lot to celebrities; my career graph accelerated because of it. But it's important only if it translates into sales. A Deepika Padukone wearing an outfit is not as aspirational as Sonakshi Sinha or Kareena Kapoor wearing it, as they are full-bodied. Fashion weeks should focus only on design, not showstoppers. Sabhnani: Speaking of model sizing, how did you shift from modeling to designing?Demetriades: My family business involves textiles and haberdashery. My grandmother started it 50 years ago. My mother owns a small knitwear label in South Africa. The production capability there isn't amazing and we always thought of moving to India. We first came to India to look at production possibilities.Thampi: Production is a nightmare in Mumbai. It costs half in Delhi or Kolkata. I cry every day due to bills and production issues. Sabhnani: We have a long way to go, right?Demetriades: It's very young. The Indian sensibility is conservative, so you have to tone it down. But it's a growing economy and there are risk-takers too.Thampi: To survive, you have to be an all-rounder, especially a PR maestro.Demetriades: Exactly. What's in the public eye becomes the identity of the brand. There's a big gap between lounge and high-end Indian wear — I can't buy a four-lakh gown for every occasion. There are no sexy/fun labels. The price point between $100 to $700 is massive in the West, and you can buy something beautiful. The food arrives; Quinoa Salad and Champagne Mushroom Fricassee for Demetriades; Pollo Funghi e Jalapeno, Drunken Prawns and Banana Peanut Butter smoothie for Thampi.Demetriades: This looks good! Avocuddle sounds cute [we ordered a blueberry avocado shake called Avocuddle].Thampi: Food is my happy space. I eat everything; I can eat a human being!Demetriades: That's mean! I gave up meat three months ago. But my family is Greek, so everything has lamb. They asked me, 'What are you going to eat!' When I watched the film Okja, I was in tears. And I was hosting people for dinner that day. When a pork dish was served, I thought, 'Oh god, I can't do it.' Since then I haven't had red meat or chicken. Sabhnani: So, do you eat before shows?Thampi: I can't eat anything, but I compensate after the show.Demetriades: French fries. When I am stressed, I eat. When I am super happy, I don't. When I was in South Africa, I was 10 kilos lighter. It's very hardcore there. When I came to India, it was the opposite. People liked that I was curvy.Thampi: She's so thin! It's a profession; you need to maintain yourself. But none of us would want to project our clothes on an extremely thin model. Sabhnani: What do you like and hate about the industry?Thampi: Nepotism. You pick up any magazine, and you'll spot the same five people, all over again. The same people are given awards every time. Move on!Demetriades: Fashion and celebrities are a single entity in India. I don't think that just because you are a celebrity (Bollywood or cricket), you are fashionable. Also, there is hierarchy and power play in the industry, which is scary for newcomers and outsiders or foreigners like me.Quick takes Full Article
ia Steve Vai, in and about India By www.mid-day.com Published On :: 24 Oct 2017 03:29:55 GMT Steve Vai at 2015 Rock in Rio concert. Pic/Getty images You visited India 23 years ago. What are your memories?I came to India as a spiritual soldier. Most people know me as a musician, but perhaps my most focused attention throughout my life has been on spirituality. There was a period I went through when I was researching various eastern philosophies and this brought me to India on several occasions. It was a tremendously rewarding experience. How did you manage to keep your personal style of music intact?When I was a kid, I wanted to be a composer and so, I started studying music. But when I was an early teenager in the '70s, I discovered rock music by the likes of Led Zeppelin, Queen, Jethro Tull and Deep Purple. I've always loved the energy of rock music. When the opportunity came to join those bands in the '80s, I felt that a part of my musical sensibilities would work well with them. So, a particular style of my music was used during that time. But when I started doing my solo music more, my innate musical style emerged more powerfully. All the artistes I've worked with in the past have shaped what I do. How would you describe the journey of your music?I was very emerged in Zappa and his music while I was working with him from the age of 18 to 23. During that time, I was also writing my own music and, to some degree, it was highly influenced by Frank (Zappa). When I started working on the music of Modern Primitive, it was directly after my Zappa years and there was still much residual leftover Zappa influence in it. Tell us about your life as a 20-something rock star in the '80s...Well, it was certainly a good time to be a rock star. We could wear the oddest clothes, had a gigantic stage to run around on and were playing our a***s off! To be honest, I enjoyed it very much. I took great advantage of all the situations, but never lost myself in them. I knew they were all fleeting moments. Dave Roth threw the best parties, though. They were notorious. I saw and discovered things that could fill volumes of books and which you would not believe even if they were written and truthful. Imagine having at your disposal an abundance of fame, drugs, sex, money, etc. But as mentioned, I never got lost in any of it… except perhaps the fame, ha! Will the heydays of rock ever return?I don't know what young artistes do backstage anymore, but any time I've been there, they were nothing like what I remember in the '80s. For some, the heyday is now. There is still enough fame, drugs, sex and money to go around that could spin the head of any young artiste. But then again, there seem to be 'rock stars' in every field. Any Indian musicians you admire…I was fortunate to do some work with violinist L Shankar in the '80s. He's a phenomenon. I also enjoy the work of Ravi Shankar, Zakir Hussain, U Srinivas, Ali Akbar Khan, Anoushka Shankar and others. Who are your all-time favourite guitarists and why?Jimmy Page was my first real guitar discovery and is, in my books, the best arranger, writer and producer of rock music. Allan Holdsworth has an inner ear unlike that of anyone.Jimi Hendrix. Well, because he's Hendrix. When I heard Al Di Meola play as a teenager, I became aware of the extremes that a human being can achieve in terms of tone and chops.Brian May has the most identifiable tone and touch. Joe Satriani, he speaks through his guitar in a way that is deeply moving and creative. He is the master of inspired instrumental guitar melody. I could go on and on. What have you planned for your performance here?I was happy to discover Mohini Dey, an extraordinarily talented Indian bass player. She played on a track on Modern Primitive called Bop. She's truly a marvel and if everything works out, she will be joining us at the show for a jam. Also, I have a backing video screen that has some of my friends appearing on it, who I will jam with from the stage. They include Joe Satriani, Brian May, John Petrucci, Tommy Emmanuel and Frank Zappa. I want to be connected to the evolutionary impulse of the universe when I play, thus, bringing an experience to the people that is captivating and even shocking. Steve Vai performs at the Meghalaya (October 28) and Pune (December, date to be announced) edition of Bacardi NH7 Weekender 2017LOG ON TO: insider.in Full Article
ia Mumbai cyclist to journey across India to promote the cause of veganism By www.mid-day.com Published On :: 28 Oct 2017 03:34:02 GMT An article he had read a little over two years ago changed Rohit Ingle's life forever. It espoused the cause of veganism so persuasively that Ingle says he was convinced overnight to give up eating meat. "I can't remember where I read the article," he confesses. "But it had a very simple line - if you are an animal lover, you can't eat them. If you love someone, how can you be the cause of their misery?" he adds. Rohit Ingle while flagging off his journey from Ahimsa Fest this week. Pics/Sneha Kharabe That message is what he now hopes to spread across the country, riding a cycle. Ingle embarked on his epic journey - and it can only be described as that - from Bandra on Thursday, a week ahead of World Vegan Day on November 1. The plan is to cover 19,000 km over one year, stopping not just at different state capitals, but especially in the hinterland. "Hardly anyone in India knows about veganism," he says, adding, "I'll pitch my tent at places like highway dhabas. There, I can interact with the customers and tell them more about what I am doing, hopefully inspiring some of them [to take up veganism] in the process." Does he feel any apprehension? "Yes, I am nervous, I won't lie about that. But I am motivated by my cause. There are also people who will be there to welcome me at Ahmedabad and Surat initially, and that will hopefully give me further encouragement. So, as the journey goes by, I am sure this feeling will go away." But, Ingle adds, he's not quite sure about how he will sustain himself financially to get through an entire year. "I have raised `60,000 [of his `3.5-lakh target] through crowdfunding. I have also received money from The Pollination Project, an organisation based in the US that has sponsored me for $1,000. So, I have around `1.3 lakh and can easily start my journey for at least three to four months." After that, he hopes to keep going till November 2018, inspiring as many people as possible along the way. "See, the message is very simple - if you want to eat meat or wear animal products, an animal that doesn't want to die is definitely going to be killed. So, you have to keep that in mind." Full Article
ia Female biker Leslie Porterfield relives worst crash, records ahead of India trip By www.mid-day.com Published On :: 11 Nov 2017 03:06:03 GMT Ahead of her first trip to India, biker Leslie Porterfield, the world's fastest woman on two wheels, relives her record, worst crash and the growing number of Indian women on the riding circuit At 16, Texas-based Leslie Porterfield bought a Yamaha Virago 1000, her first motorcycle, as an inexpensive mode of transport. It arrived in a box, and most people told her she wouldn't be able to get it running. However, she bought a manual, sought the advice of local mechanics, and put it together. Leslie Porterfield In fact, Porterfield loved riding it so much that just a year later, she went on to buy a sports bike (Honda CBR600). This was in the early '90s. "That's when my interest in racing began," recalls the 41-year-old mother of twins. She holds the Guinness World Record for being the fastest woman in the world on a motorcycle, which she set in 2008 with a speed of 232.522mph at Bonneville Salt Flats in Utah, USA. On November 24 and 25, Porterfield will be in Goa for the fifth edition of India Bike Week, a fest that will witness a gathering of over 20,000 bikers to celebrate all things riding. Here, she will host a motorcycle stand and present awards for various achievements. Excerpts from an email interview: Tell us about your most interesting motorcycle journeys.Motorcycles gave me a sense of freedom and connection with nature while riding. One of my favourite trips was to the Baja 1000 (off-road race in Mexico's Baja California Peninsula) in 2005. I was on a dirt bike for the first time, and realised how difficult the race is. I went through 20 miles of deep sand whoops and fell 20 times. I have never been so sore. Another one is from the time I was 17, when I rode for 1,500 miles from Dallas to Los Angeles. On my way back, I was tired. I was riding at about 120mph. Unfortunately, I passed a police car and didn't see it. They set up a roadblock on the highway. When I stopped, I realised there were four police cars behind me. They were mad after chasing me for so long. I was lucky; the officer let me go without a citation. This prompted me to hit the racetrack. What challenges have you faced in your racing career?During my first year [2007] in Land Speed Racing [at Bonneville Salt Flats, Utah], the salt was in poor condition - wet, sludgy and hard to get traction. My bike got into a speed wobble at over 200mph. I tried to save it, but ended up coming off the bike at over 100mph. It was the worst wreck I've been in. I was unconscious, with seven broken ribs and a punctured lung. Fortunately, I recovered and made a point of testing different set-ups for the bike. I didn't push myself to make runs when conditions were bad. Racing comes with risks, which I try to minimise. How did you crack the world record in Utah in 2008?I had to make an effort to not think about what could go wrong, and put the accident out of my mind. I focused solely on what I needed to do to achieve my record. To set a land speed record, you have to make two runs — one in each direction - holding your top speed for a mile. My bike's engine was hot and as I entered the measured mile at full throttle, it started to sound rough. By the end, I had set the record but blown my engine, and there was oil everywhere! What's your take on Indian motorcycle culture?It's fascinating. The selection of motorcycles is vast, and I love that more women in India are riding motorcycles now. When I started in the '90s, men dominated the speed and racing scene; it was difficult for women to break into it. Is Mumbai part of your itinerary?I hope to see it during my visit. It is such a diverse city with much history. I've wanted to visit India for some time. I can't wait to experience its architecture, art, culture and beauty. I love Indian food, but have tried it only in America. What kind of bikes do you ride now?I have a Honda CBR1000, and several classic bikes from the '60s. I enjoy restoring old bikes. They aren't very fast, but they are a lot of fun. Tips>> Invest in proper motorcycle gear.>> Never quit learning. Take up rider courses. Even if you have no desire to race, a day on the track with guidance will make you a better and safer rider. Full Article
ia Matt Preston: India is bang on trend By www.mid-day.com Published On :: 26 Dec 2017 03:00:19 GMT Matt Preston likes to dress and stand out in the crowd, and over the nine seasons of food reality show MasterChef Australia, we've seen his dapper style evolve. A flamboyant dresser, he exuded elegance this season with his well-cut suits and tasteful cravats. The 55-year-old journalist and food writer juggles writing and television with equal élan, calling the former his "happy place". "I love nothing more than sharing my adventures in food, whether from my own kitchen or around the world, in recipes and stories. I worked that out with my newspaper and magazine columns plus five cookbooks, last year I wrote my 2,000,000th word about food! Three million here I come!" The balance, he says, is simple as there is so much waiting when making a TV show, that it gives him the time to write while filming. "Then I travel for five months when we aren't filming," he tells us in an email interview. Edited excerpts: Matt Preston Your connection with India is strong. Which Indian chefs do you admire? Any particular dish that makes your mouth water?So much of the great food I've enjoyed around India is from street stalls and holes in the wall, where the chef doesn't have a PR team, a cookbook or his/her own line of branded chutneys! Largely, I enjoy these simpler places better than the fancy ones. I do, however, try and enjoy the company of Manu Chandra whenever I'm in India. Where does Indian cooking stand on the global platform?Indian cuisine in undoubtedly one of the world's great cuisines and stands proudly alongside the likes of French or Italian in that ranking. The way India is embracing unique, indigenous and wild ingredients — like the gongura I enjoyed in Hyderabad or the kachampuli vinegar I fell in love with in the south west — it's bang on trend. Indian cuisine is also receiving new global prominence, thanks to the explosion of interest in vegan and vegetarian food around the world. With this in mind, Gary [Mehigan, fellow judge] came back from his most recent trip to India raving about fresh green chickpeas and green sorghum; something we seldom see here but which could easily find a place in my kitchen. Tell us about the creative process of setting the challenges on the show.A crew of over 200, including a department of challenge producers, is responsible for this. We look for challenges that seem impossible but are achievable, so when accomplished, the excitement, pride and pleasure of the contestants is palpable. This means that a pressure-test dish might be cooked a dozen times to ascertain how long the contestant should be given to achieve it. What are some of the funny off-the-camera incidents that occurred this season?Our trip to Japan was a lot of fun. As was spending the week with [Israeli-British chef] Yotam Ottolenghi. Most of the anecdotes are scurrilous, so you'll have to wait for my autobiography! How did you get into food writing?A friend gave me a restaurant review column as she knew I was a good cook and had written a column back [about life, music, the arts and politics] in the UK. How different was food writing back then?Very much. In many ways, I was once like you are now, I was young but I was happy. I'm still happy but much older and wiser! What was your first job?I made tea at the offices of the UK's biggest tea importer. I had a rickety trolley and in a radical move, introduced coffee for the first time. The show airs Monday to Friday at 9 pm on Star World. Full Article
ia Psychotherapist Nupur Dhingra Paiva on how parents' love is essential for kids By www.mid-day.com Published On :: 11 Feb 2018 04:50:26 GMT Nupur Dhingra Paiva with daughters Tara, 9, and Isabelle, 6. Pic/Shadab Khan When five-year-old Armaan walked into child psychotherapist Nupur Dhingra Paiva's clinic, her impression about the kid, whose shoulders were hunched over, was that he was "weighed down by something significant". Armaan's mother would later tell her how he felt unloved, wanted to run away from home and even shoot himself. But, it wasn't until Armaan's father joined the therapist and his wife for chat, an hour later, that Paiva noticed something alter in the child. The kid slowly crawled into his father's lap, and curled up there like a little prawn, Paiva recounted. That the child was craving for his dad's attention was a given. Vignettes like these form the crux of Paiva's new book, Love and Rage: The Inner Worlds of Children (Yoda Press), where she breaks down conversations she has had in her healing room with both parents and children, to reiterate how love and affection is central to influencing a child's personality. "I felt an urgent need to communicate with the world that what comes into our consulting room is not crazy or bizarre -it is the stuff of ordinary life - ordinary conflicts, struggles and joys. And that mental health distress in adolescence and adulthood is almost entirely based on early life experience, from conception onwards," says the Delhi-based clinical psychologist, of why she wrote the book. "Adults who are interacting with children, as parents, teachers or carers, are sometimes far removed from the lived experience of the child. They become task focussed and outcome oriented - it becomes a lot about achievement, growth and the end result of happiness," she adds. In doing so, Paiva says that people forget "that the growth of the personality is a complex, slow process that needs nurturing". Here, Paiva, who is also mother to two daughters, offers an "only love-not rage" guide. >> It takes twoWhen a child is angry with one parent, it helps to have an available alternative. I have to add that I am not necessarily talking about the heteronormative two parents - male-female couple. Children need a diversity of responsible caregivers, someone who will take it upon themselves to keep the child's emotional needs in mind. The role of mother and father is about a mental attitude, the function they play for the child. It does not have to be a biological parent. >> We need daddyOften women find it difficult to let men get involved in caregiving tasks like feeding, bathing and putting to sleep. When a child has emotional access to their fathers, the diversity of experience offers them a wider range of seeing how to live in the world, because men and women live in the world quite differently. Just as an involved father gives a son a sense of someone to look up to, he gives a daughter an experience of being loved and valued - something she will carry with herself into future relationships with men. >> Prep for schoolThe first couple of years of kindergarten are not about learning shapes or the alphabet, it is about learning to separate from home. It is a physical/emotional wrench, leaving safety and going to another space - one that can be fun and engaging, provided we can get over the fear of separating from the people we feel safe around. Once children are helped to adapt to this huge change, they can get on with learning. Otherwise, anxiety hampers learning for years afterwards. Start early with picture story-books or perhaps even a visit to the school for the child to see what it looks like a month or so before the emotional temperature rises in April. Be prepared for repetition for as every parent of a young child knows, once is never enough. Stories that matter the most must be repeated endlessly, without variation so that they can sink in. The story of how everyone leaves home and goes to school is of central emotional import. In fact, it is a rite of passage. >> Play hardUsing our bodies is a release for everything - anger, anxiety and other feelings - that get stuck in our muscles. In the emphasis on growing children's minds [or getting them to finish homework and projects], we forget about how important it is to be using their bodies. Children are calmer and more attentive, when they have had an experience of using their muscles in activity, especially free play. >> It's okay to cryNever tell a child not to cry. All children cry, for all sorts of things, so it is important to first figure out what the crying is trying to communicate. Simply telling a child to stop crying without first trying to understand what is under it, will damage their relationship with you. If the crying is because of sadness, then telling them to stop crying is plain selfish. We do it because we can't bear their expression of sadness. It is far healthier to accept that they are sad, and give them a hug. This kind of acceptance lets them know that while nothing can be done about it, at least their experience is being validated and acknowledged. >> Don't ignoreIgnoring feelings teaches your child that you don't particularly care for his feelings, just his actions or his/her compliance. This only ensures that the feelings will reappear in a form that is harder to link to its source. In other words, the child will use a defence in order to deal with a feeling, and the anxiety its presence creates. >> Keep it realI am not advising that people deny that they also can get angry with their children. "Only love" is not a reality. My aim is to be real with my relationships, including my children. So, I freely express affection - lots of hugs and physical warmth, an hour at bedtime talking about their day and their worries. I also freely express disapproval or annoyance. I explain, and negotiate. As a result, I have very opinionated children who are expressive and open, including about their anger with me or their father. We accept it as real and engage with it as much as is possible at the time. Catch up on all the latest Mumbai news, current affairs from Mumbai, local news, crime news and breaking headlines here Download the new mid-day Android and iOS apps to get updates on all the latest and trending stories on the go Full Article
ia An Indian rug goes to Milan By www.mid-day.com Published On :: 29 Apr 2018 01:00:03 GMT Sharan Parekh with his rug inside Massimiliano Locatelli's 3D-printed house at the Milan Design Week When Italian architect Massimiliano Locatelli of CLS Architetti called rug company ILO's Sharan Parekh and said he wanted one of their rugs, Parekh thought it would be for a party at his home. "But he said he would using it inside his 3D-printed house, which was going to be showcased at the Milan Design Week, that too, in the bathroom!" he said. Parekh, also the managing director of ILO's parent company, Splendour (a known name in furnishings), tells us he had been meeting Locatelli many times as part of the Milan social scene. "We have worked with CLS for many ventures. We have designed carpets for the Belagio in Las Vegas, for the Miss Sixty and Philip Klein stores. It all started off socially. Also, we have been given space at Nilufar, known as the world's best design gallery, and that's how we have inroads in Milan," says the 30-year-old. ILO, which means Joy in Finnish, is a Mumbai-based company, working in sustainably produced rugs, which are hand-tufted and hand-knotted by Tibetan artisans working in Nepal and North India. The aim is to combine traditional techniques with an edgy, contemporary design aesthetic. Not just is this ILO'S first outing, exhibiting on an international platform, but also the first Indian company showcasing at Fuorisalone (2018 Milan Furniture Fair). The 3D-printed house is Locatelli's way of showcasing creativity, sustainability, flexibility, affordability and rapidity, at Piazza Cesare Beccaria, which is a square in the middle of Milan. It's also an experiment in low-cost housing, but with a slight difference. "The house is extremely low cost, but inside, everything is super expensive." There are lights by Italian architect, Gio Ponti, which are vintage, solid brass chairs, furniture by Nilufar, and the rug by ILO. "This is what the rug looks like — it's oval with an oval cutout in the middle. It's made of bamboo silk, silk and pashmina. It's almost like standing on a cloud. When Locatelli saw it, he said he couldn't have done better himself. He wanted the juxtaposition of low-cost housing which is super luxurious from within," explains Parekh. Now, that they are back, they are focusing on many more such collaborations, and are now fielding offers from royal families from the Middle East. But, as Parekh says, the main thrill is in knowing that an Indian company, working with traditional craft, can understand the European aesthetic and be accepted there. "At the end of the day, it's about showcasing India." Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
ia Indian-origin astronaut Shawna Pandya's shares her love for Mumbai and space By www.mid-day.com Published On :: 29 Apr 2018 02:16:03 GMT Shawna Pandya While the world is already counting Dr Shawna Pandya in the league of Kalpana Chawla and Sunita Williams, the lady in question feels it's all "a bit premature". Canadian scientist and astronaut, Dr Pandya, is known for her work as part of Citizen Science Astronaut (CSA) candidate with project PoSSUM (Polar Suborbital Science in the Upper Mesosphere) and PHEnOM (Physiology, Health and Environmental Observations and Microgravity) that she has been pursuing for two years now to understand several aspects of outer space, ranging from cloud formation to physiology and microgravity. She was one of the two candidates to be shortlisted from 3,200 people enrolled in the CSA programme. While she has been working extensively in the field of outer space, and has in the past even worked with NASA, she clarifies that there has been "no announcement, flight assignment or selection of missions" [scheduled to take flight] yet. They will soon head off to a Mars simulation for two weeks though, that will help them prepare better for the mission, as and when it happens. In a telephonic interview from Canada, where Dr Pandya is based, she tells us, "We are still developing our science and our mission. Our programme has done a phenomenal job of recruiting great candidates regardless of gender, ethnicity and country of origin. In fact, India has better representation in PoSSUM now. It is interesting that there is so much international representation in space programmes. It's not a competition to say, 'I will be the first such and such...' It's only about working with the passion and excitement." Pandya is now part of a show on Sony BBC Earth titled Astronauts — Toughest Job In The Universe. Ask her what makes her job the toughest and she says, "I think everyone is serious and passionate about their job and consider it the toughest in the universe. This job, however, requires a tremendous amount of dedication and time. It's team-based and there is much risk involved. You cannot afford to let anyone down and that really raises the stakes." Ever since she was a child, Pandya had been fascinated by space. "I remember when I was in grade seven, I'd read books on astronomy and the universe. I think that's where it all began for me," says the 33-year-old, who works as a general physician. When it comes to the areas that she has dabbled in, it's an extensive laundry list. From a black belt in Taekwondo to baseball, to motivational speaking, to walking the ramp and crooning as an opera singer, Pandya seems to have done it all. Ask her how does she pack in so much, and she says, "When I am asked this, I tell people, 'relax, I'm not doing all this in the same 24-hour period'. The trick is to prioritise what you do with your time, line up goals, set deadlines for yourself and act accordingly." Pandya shares a deep connect with Mumbai and tries to visit the city once every five years. The last time she was here was last February. "I have most of my extended family here, my uncles, cousins and up until recently, my grandmother. There's no other city in the world like Mumbai, for me. There's so much going on here all the time but there's always something that comes out of the constant commotion. This city is always home away from home for me." Also Read: Virender Sehwag Pays Heartwarming Tribute To Astronaut Kaplana Chawla Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
ia Gestational diabetes may increase risk of kidney damage By www.mid-day.com Published On :: 22 May 2018 11:21:01 GMT Gestational diabetes -- high blood sugar condition during pregnancy -- may cause early-stage kidney damage that can later lead to chronic kidney diseases among women, reported a study. The study showed that women with gestational diabetes were more likely to have a high glomerular filtration rate (GFR) -- an estimate of how much blood per minute passes through the glomeruli, the tiny filters within kidneys that extract waste from the blood. Women with gestational diabetes had more than triple the risk of an elevated GFR, which may precede the early kidney damage that accompanies pre-diabetes -- a condition with higher blood sugar levels but not high enough to be classified as diabetes. "Our findings suggest that women who have had gestational diabetes may benefit from periodic checkups to detect early-stage kidney damage and receive subsequent treatment," said Cuilin Zhang from National Institutes of Health's Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) in Maryland, US. The study, published in the journal Diabetes Care, included data from 601 Danish women having gestational diabetes and 613 non-diabetic women. The results showed that women who had gestational diabetes and later developed diabetes were approximately nine times more likely to have an elevated GFR later in life, compared to women who did not have gestational diabetes. They were also likely to have an elevated urinary albumin to creatinine ratio (UACR), which is an indicator of kidney disease. The study could not prove that gestational diabetes causes kidney damage, and the authors noted that more research is needed to confirm their findings. Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates 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
ia India makes for a great safari destination, here are a few By www.mid-day.com Published On :: 23 May 2018 01:35:36 GMT Raorchestes charius, Coorg Looking for new subjects to shoot? Try dropping to the ground. That's where you will find the best true-life models for macro photography, suggests wildlife photographer Dr Caesar Sengupta. "Macro photography, which is producing larger than life images of small objects, is oriented around reptiles, amphibians and insects. While some insects and amphibians can be found in our backyards, reptiles aren't that common in an urban set-up," says Dr Sengupta. He says the best times to shoot are before, during and immediately after the monsoon. "That's the time reptiles and amphibians come out. India has two biological hotspots - the Western Ghats, and the sub and eastern Himalayan region," says the expert, adding that, the quality of output from a dedicated macro lens cannot be compared to that achieved with a regular lens. Here's your guide to clicking small wonders. Insectivorous plant, Kaas plateau The macro checklist* Take care of your gear and yourself in the rains, where the forest floor can be treacherous. Carry high ankle shoes or gumboots.* Macro photography is mostly done in low-light conditions - in the evening or at night. You need to have an external flash; organisms won't be bothered by it as their retina is not the same as ours.* There are no venomous frogs in India, but you need to be careful with insects as they may bite or cause allergies. Personal protection is always important when entering a jungle. For reptiles, you need to know your subject well. You must know the striking distance of the reptile. It helps to travel with a biological or field expert. Saw scaled viper, Bhagwan Mahaveer Wildlife Sanctuary, Goa. Pics Courtesy/Dr Caesar Sengupta Top spots for hot shots* Agumbe Rainforest Research Station in Karnataka is famous for king cobras and other species of reptiles and frogs. While the cobras aren't easily sighted, you can get permission to be a part of a rescue operation when the reptile has strayed into human territory. Dandeli and Coorg in Karnataka are also great spots.* Bhagwan Mahaveer Wildlife Sanctuary in Goa is famous for various snakes such as Indian rock python, Russell's viper, as well as butterflies. Indian Violet Tarantula, Goa * Matheran is great for spotting green vine snakes, bamboo pit vipers, tarantulas and frogs.* Within Mumbai, head to Sanjay Gandhi National Park (including Yeoor in Thane) and Maharashtra Nature Park in Mahim. Phansad, Bhimashankar and Amboli are must-visits, too. From September to October, head to Kaas plateau in Maharashtra to photograph insects and flowers.* Thar desert is home to the Keeled rock, Sind sand, Persian micro and other geckos. Full Article
ia 3 musicians to wear jeans and tees at Hindustani classical music concert By www.mid-day.com Published On :: 27 May 2018 01:42:48 GMT Ojas Adhiya, Nandini Shankar and Abhishek Borkar are poised to strike a chord with young urban listeners in Mumbai For most youngsters, unfamiliar with Hindustani classical music, 'serious', 'formal' and 'boring' are popular adjectives used to define the genre. For as long as we can remember, Hindustani classical, that has given the world several legends, has been performed in sprawling auditoriums — there's not just discipline in the music, but in the attire and in environment as a whole. How would it be then, to see classical being performed in casuals? Turns out, that's not an outrageous thought anymore. First Edition Arts, a Mumbai-based performing arts company is poised to topple status quo with the sole aim of gathering more young, urban listeners. Under a musical series called Come Together, three young Hindustani classical musicians, will slip into casuals and perform for an audience gathered at Cafe Zoe. Starting June 10, this will be a regular series, one in every quarter. While the setting is all-new, the music won't take the fusion route. The first series will feature Abhishek Borkar on the sarod, Nandini Shankar on the violin and Ojas Adhiya on the tabla. The trio will present an instrumental concert in both solo and duet sets. Catch them young"When younger musicians try to strike a rapport with young listeners they take the fusion route. We are saying, you don't have to. This music is so exciting on its own, that the young can be hooked," says Devina Dutt, director, First Edition Arts. Six months ago, they had organised something similar at antiSOCIAL at Khar as an experiment, and they were sold out. "We weren't sure of what to expect. But it was a success." That gave them the impetus to take the idea on a larger scale. "The first two sets will be the sarod and tabla. In the third set, Abhishek will invite Nandini to jam with them on stage. The concert will span a little over an hour — not the standard two-and-a-half-hour performance. Young people haven't even heard classical music and they have discarded it. All we are trying to do, is give them a sense of how exciting and rigorous it is. But, in a short dose," Dutt says. Abhishek Borkar The protocols will be relaxed too. The bar will be open before and after the concert, and for 20 minutes during the interval. Food and drink services will be terminated during the performance, but, once served, guests can continue with their meal at their tables. "There was no sense in locating it in a space like this and sticking to the rigidity. But, at the same time the character of the music does require attention, it's not the kind that you can hear in the background," she adds. Break the rulesEver since the posters of the concert went out, a lot of Shankar's friends and followers on social media have shown interest. The posters, with their vibrant colours and friendly fonts, could well be mistaken for one for a standup gig. "Any new genre is an acquired taste. Over the last couple of years, I have noticed an increase in my young audience. Young listeners are always looking for something new and because most of them have not heard classical music, it is novel to them. If they are exposed to it, they will enjoy it," says the eighth generation violinist. The set-up, she believes, needs to change because "it is important that it appeals to you at first go. That's why the colourful posters. We need to speak the language they understand," adds the 25-year-old. After the concert, the audience can interact with the artists as well. "The milieu becomes more relatable, it's like hanging out with friends. That becomes easier when the age groups are similar. We want to connect on a personal level. In fact, that's the bit I am really looking forward to," adds Shankar. Nandini Shankar Tabla ace Adhiya would love to do a Q & A with the audience as well. "That way we can reach out to them and explain what classical music is all about. If they know a few things, they can enjoy it more. And it will all be done in an informal manner," says the 30-year-old who made it to the Limca Book of World Records as the youngest tabla player at the age of 4. Borkar points out that traditionally, Hindustani classical has always been somewhat "intimidating". "It can appear too proper, rigid and posh, with its sherwanis and bandhgalas. Sometimes I feel even the artists themselves enjoy this air of exclusivity that further distances them from the audience," says the 25-year-old sarod player, adding that he was thrilled about the prospect of performing in casuals. "That's what I wear when I practice or record in a studio. So, why not at a concert? We are even thinking of getting some people to sit on stage if possible," he adds. Distraction not a concernThe trio believes that the music will be enough to keep people from getting distracted. "It's a new thing for them too, to experience this kind of music in the given setup. And if someone is quietly eating and drinking at their table, that should not bother me. In the olden days, there would be baithaks in people's homes, where classical concerts would be performed. It's the same concept," Adhiya says. Spontaneity will be the key on D-day; the artists will reach the venue, gauge the crowd and accordingly choose the raagas. Borkar says, "I love getting people interested in an instrument they have not seen or heard before. The idea is that if they don't come to our concerts, why don't we go where they hang out? And just because it's unusual that doesn't mean it's wrong." Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates Full Article
ia Tax-News.com: EU Hails Victory In WTO Case Against Russian Duties By www.tax-news.com Published On :: Mon, 30 Jan 2017 00:00:00 GMT The European Commission has hailed victory in a World Trade Organisation case concerning Russian anti-dumping duties on certain light commercial vehicles from Germany and Italy. Full Article
ia 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
ia Tax-News.com: Minerals Council: Australia's Tax System Is Uncompetitive By www.tax-news.com Published On :: Fri, 10 Mar 2017 00:00:00 GMT The Minerals Council of Australia has published a report it says confirms that the country's high company tax rate is damaging mining firms' ability to compete internationally for capital investment. Full Article
ia Tax-News.com: Japan And Russia To Update DTA By www.tax-news.com Published On :: Fri, 31 Mar 2017 00:00:00 GMT Russian and Japanese government representatives met in Tokyo on March 27 to begin negotiations on updating their double tax agreement. Full Article
ia Tax-News.com: Russia Begins Levying Google Tax By www.tax-news.com Published On :: Mon, 17 Apr 2017 00:00:00 GMT Over 100 foreign providers of electronically supplied goods and services to Russian consumers have registered to pay value-added tax on their supplies at 18 percent. Full Article
ia Tax-News.com: Russia, Japan To Sign New Double Tax Agreement By www.tax-news.com Published On :: Wed, 10 May 2017 00:00:00 GMT The governments of Japan and Russia on April 28 announced they have agreed the text of a new double tax agreement that would replace the 1986 pact between Japan and the former USSR. Full Article
ia Tax-News.com: Russia To Hike VAT Rate To 22 Percent By 2019 By www.tax-news.com Published On :: Tue, 16 May 2017 00:00:00 GMT To fund future tax cuts for companies, the Russian Ministry of Finance has proposed hiking the headline value-added tax rate. Full Article
ia Tax-News.com: Russia To Sign OECD's BEPS Convention By www.tax-news.com Published On :: Tue, 30 May 2017 00:00:00 GMT Russia will sign the OECD's Multilateral Convention to implement tax treaty-related measures to prevent base erosion and profit shifting, the Government announced on May 20. Full Article
ia 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
ia 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
ia Tax-News.com: Japan, Russia Agree New Double Tax Pact By www.tax-news.com Published On :: Wed, 13 Sep 2017 00:00:00 GMT The governments of Japan and Russia signed a new convention on the elimination of double taxation on September 7. Full Article
ia Tax-News.com: Technology Cutting Tax Compliance Burden: Paying Taxes 2018 By www.tax-news.com Published On :: Tue, 28 Nov 2017 00:00:00 GMT The use of technology by business and government in tax compliance is driving continued simplification and reduction in the burden of tax compliance on businesses, says Paying Taxes 2018, a report by The World Bank Group and PwC. Full Article
ia 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
ia 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
ia Tax-News.com: Russia Eyeing New Tourist Accommodation Tax By www.tax-news.com Published On :: Mon, 29 Apr 2019 00:00:00 GMT The Russian Government is reportedly considering the introduction of a number of new taxes, including a tax on hotel stays. Full Article
ia 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
ia Worst Hit Indian Sectors Amid Coronavirus Pandemic: 10 Points to Know By feeds.equitymaster.com Published On :: Sat, 21 Mar 2020 00:00:00 GMT Posted by Equitymaster Coronavirus fears have spooked the investors worldwide with BSE Sensex and NSE Nifty falling over 25% this month, in line with many other global indices. After sharp corrections in three trading sessions on March 9, March 12, and March 16 by 5.1%, 8.1% and 7.9% respectively, the Sensex crashed by an overall 22% this month. Let's dive a bit deeper and look at how the impact has been on individual sectors... While all sectoral indices are in a sea of red since the outbreak of coronavirus, here's a look at the worst hit sectors since coronavirus outbreak: Sector Since 1 March (%) Since 1 Jan (%) BSE Metal -30% -45% BSE Bankex -31% -37% BSE Oil & Gas -24% -36% BSE Auto -24% -36% BSE Finance -30% -36% BSE Realty -31% -36% BSE Capital Goods -25% -33% BSE Power -22% -32% BSE Basic Material -26% -32% BSE Consumer Discretionary -24% -28% BSE IT -25% -27% BSE FMCG -18% -22% BSE Consumer Durables -24% -20% BSE Healthcare -15% -15% BSE Telecom -18% -14% *Note that prices are as on 19 March 2020 As you can see in the table above, metal sector has been hit the worst on year-to-date (YTD) basis. Note that, the sector has been witnessing selling pressure since last two years. The coronavirus situation has only exacerbated the situation. Another sector that is largely impacted is banking and NBFCs. After being the most preferred in the Indian equity indices for over half a decade, things have changed for stocks in the financial sector. In India it is a double blow for financial sector in the form of YES Bank fallout and prolonged slowdown which increased the chances of credit quality deterioration. To put things into context, foreign institutional investors (FIIs) were heavily positioned in the Indian financial space, and stocks in the sector witnessed maximum inflows during good times. Downward spiral for financial sector began since IL&FS crisis.Both, BSE Bankex and BSE Finance Index have plunged over 30% since the beginning of the month. Shares of most hotel, leisure and airline firms have tumbled over 60% year-to-date, as the coronavirus outbreak across the world has forced people to cancel vacation plans. India also stand to lose foreign tourists due to the entry restrictions that have been put in place. And this has meant things getting worse for hotels and airlines sector. Out of the 90 stocks listed on BSE from tourism, hospitality and film distribution segments, only 15 have given positive returns YTD. Another sector that's facing the brunt is the automobile sector. Coronavirus couldn't have come at a worse time for India's auto sector that is battling a prolonged slump in demand. The virus outbreak has added to the pain, hitting production and lowering the demand even further as consumer spending is unusually low. Reportedly, the correction in the auto index is now close to what was seen during the 2008 global financial crisis. BSE Auto Index is down 36% on a YTD basis. The fall in other indices like FMCG, consumer durables, capital goods and IT is relatively moderate as they do not have any direct impact of the pandemic. However, they too have been witnessing selling amid the sharp correction in Indian share markets. Interestingly, Indian pharma has been doing much better than the overall index. Since the beginning of March 2020, the Sensex is down by 26% while the BSE Healthcare index is down only by 15% (till 19 March 2020). One factor is the rupee weakness which has weakened well beyond the Rs 75/$ mark. A weak rupee helps exporters and pharma obviously benefits. Another factor is the spread of the novel coronavirus has led global investors to rush for pharmaceutical stocks recently, on back of a rise in demand for generics and branded generics leading to shortages and over-pricing for drugs. However, as the markets took a breather on Friday, the sectors that rallied the most were BSE FMCG, BSE IT and BSE Oil & Gas indices, gaining over 8% each. What do you think will be the long-term impact for these sectors? Well, you can let us know by dropping your views in the comments section below. While most sectors have been falling, our co-head of research, Tanushree Banerjee believes in long term, Indian auto ancillaries, textiles, chemical companies, Pharma R&D contract manufacturers, will all be the major beneficiaries of what she calls the Rebirth of India megatrend. Also, in times like these, our special report, How to Trade the Coronavirus Crash, will help you get a grip on the current market situation...and figure out ways to profit from it. This is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. I strongly recommend you read it now. Claim your FREE copy here... Happy Investing!This article (Worst Hit Indian Sectors Amid Coronavirus Pandemic: 10 Points to Know) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
ia 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
ia Indian Banking Sector Amid the Corona Crash - 10 Points to Know By feeds.equitymaster.com Published On :: Mon, 6 Apr 2020 00:00:00 GMT Posted by Equitymaster Most sectors in the Indian share markets have been drowning in a sea of red due to the crash led by coronavirus outbreak. The biggest blow, however, has been felt by the banking sector. The sector was already reeling under pressure due multiple factors for quite some time. And things started getting worse since the start of 2020. Here's a timeline showing some major events that happened in the Indian banking sector and led to the slowdown we are witnessing in the past few months... Mounting Pile of Bad Loans: Indian banks have for years worked to beat down mounting piles of bad loans of the sort that led to the Yes Bank fallout. The ratio of gross non-performing assets (NPAs) at Indian banks rose to 11% in 2018 from about 2% in 2008, before starting to ease off. IL&FS Crisis Kicks Off the Downward Spiral: Foreign institutional investors (FIIs) were heavily positioned in the Indian banking and financial space, and stocks in the sector witnessed maximum inflows during good times. However, they started noticing cracks with consistent negative performance in the banking and financial sector and started moving out of them. The downward spiral for these sectors began since IL&FS crisis camec out into the open. Credit Quality Deteriorates: After being the most preferred sector for over half a decade, things started changing for stocks in the banking sector since 2020. This came as the sector witnessed a double blow in the form of YES Bank fallout and prolonged economic slowdown. And all this only led to credit quality deterioration for banks. YES Bank Crash: The Yes Bank crisis and the sight of Rana Kapoor being taken to court in early March came in as one of the worst months for India's banking sector. Bailout for Yes Bank: To save Yes Bank, a range of Indian lenders led by the State Bank of India (SBI), infused funds in return for an equity stake. The episode came as a jolt to investors, who worried it could exacerbate vulnerabilities in the financial system. Panic Selling Amid SC Order: Then came another blow. Before the dust settled on Yes Bank, the Supreme Court ruled that telecom operators must pay dues worth billions owed to the government. This caused panic-selling in bank stocks due to their heavy exposure to the telecoms sector. Coronavirus Threat: The challenges now facing India's banking sector have reached another order of magnitude due to the coronavirus threat to the economy. Banking stocks have been among the hardest hit. Sharp Fall for BSE Bankex: The BSE Bankex has fallen about 46% so far this year, outpacing the 32% fall in the BSE Sensex. Shares of Axis Bank and IndusInd Bank have lost the most during this period. Relief Measures: Owing to all these shocks, banks have sought various relief measures. On 27 March 2020, the Reserve Bank of India (RBI) came out all guns blazing to arrest a potential slowdown caused by coronavirus (Covid-19). It did not just lower the cash reserve ratio (CRR) by 1% to 3% but also cut the repo rate by 0.75%. Also, there is a three-month moratorium on payment of loan installments. PSB Merger: Then came the major announcement effective from 1 April 2020. First announced in August 2019, the government's ambitious plan to merge 10 state-owned banks into four came into effect from 1 April 2020. The move, aimed at strengthening the banking system and creating more large institutions with size and scale, has seen... Oriental Bank of Commerce and United Bank of India merged into Punjab National Bank, Andhra Bank and Corporation Bank merged into Union Bank of India, Allahabad Bank merged with Indian Bank, and Syndicate Bank amalgamated into Canara Bank So, that were some top pointers on what the Indian banking sector has been going through amid the coronavirus led stock market crash. I reached out to Tanushree Banerjee, who is closely tracking the banking sector in the current scenario. Here's her view on the sector... The Covid-19 lockdown has hit cash flows of both individual borrowers and corporates. This, in turn, will impact their loan repayment capability.The RBI's repo rate cut came as a temporary lifeline for Indian companies with debt on books. It will offer both companies and retail borrowers some breather. If banks use this phase judiciously, it may save the NPA ratios from worsening significantly.However, only the banks that have adequate capital and provisioning cushion may be able to tide over the economic crisis. Eventually, another round of consolidation in private sector banks, like the one after 2002, cannot be ruled out. Tanushree's latest StockSelect recommendation is one such midcap bank. You can read the entire report here (requires subscription). Also, speaking of ongoing stock market crash, our special report, How to Trade the Coronavirus Crash, is the most comprehensive report on how to trade the coronavirus, both from a short-term and long-term perspective. You can claim your FREE copy here... And rest assured, Equitymaster is with you all the way on this journey. To that end, we have decided to offer you two of our premium learning courses free! From the comfort of your home, you can learn the basics of fundamental investing with Equitymaster Secrets and the ins and outs of making money using derivatives with Derivantage. Get started right away. Happy Investing!This article (Indian Banking Sector Amid the Corona Crash - 10 Points to Know) is authored by Equitymaster.Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange. Full Article
ia 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
ia Lockdown Diaries: Smriti Mandhana sleeps 10 hours, watches movies, plays ludo, works out By www.mid-day.com Published On :: 13 Apr 2020 07:31:16 GMT Working out, washing utensils, watching movies and playing Ludo online -� these are some of the few activities which ace Indian batter Smriti Mandhana is indulging during the lockdown period in place as the country battles the coronavirus outbreak. In a one-minute 38 second video shared by the BCCI, Mandhana has revealed her day to day activities in order to make sure how she makes the most of the lockdown period currently in place in the entire country. WATCHð½ï¸Â: Lockdown Diaries with Smriti Mandhana ðÂÂÂWorkouts, troubling her brother, Ludo & a lot more. @mandhana_smriti reveals how she is keeping herself engaged indoorsð ðÂÂÂï¸ÂâÂÂï¸ÂðÂÂÂFull Video ð https://t.co/e7EyhdNh3h — BCCI (@BCCI) April 13, 2020 She is working out as per the training schedule given by Team India trainer. "Staying fit is very important, so I am working out. I keep in touch with the trainer and receive the feedback. He keeps sending us (all Indian players) all the workouts that we need to follow." "The other thing I like is spending time with my family. We love playing cards. I help my mother with cooking. I guess washing utensils has become a part of my daily routine. However, my favourite pass time is to trouble my brother," said the left-handed Indian batswoman. "The third thing which is love is watching movies. I am a big movie buff. So, I make sure I watch two-three movies a week, not many because I don't want to get addicted. I want to spend time with my family. "The best thing which I love doing the most at home is sleeping. I make sure I sleep for at least 10 hours to keep myself happy the entire day," she added. The star Indian batswoman also urged people to stay indoors during the lockdown. "Stay home, stay safe and keep yourself physically and mentally fit." India has been in lockdown since March 25, a step taken in order to stop the spread of coronavirus which has so far claimed more than 300 lives in the country. However, with an upstage in number of infected people, the lockdown is likely to be extended further after Tuesday. 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
ia '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
ia 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
ia 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
ia 'What a win', Sourav Ganguly recalls historic 2001 Test against Australia By www.mid-day.com Published On :: 15 Apr 2020 05:14:35 GMT Former Indian captain and Board of Control for Cricket in India (BCCI) president Sourav Ganguly on Wednesday recalled the historic Test victory against Australia at Eden Gardens in Kolkata in 2001. A user had shared the celebratory moments from the 2001 Test. On that post, Ganguly commented, "What a win." In that Test, India clinched a 171-run win over Australia and became the third team in the history of Test cricket to win a match after being forced to follow-on. Australia had made 445 in their first innings, courtesy Steve Waugh's brilliant hundred. However, it was Indian spinner Harbhajan Singh who stole the show at Kolkata with his spectacular seven wickets, including the first hat-trick in India's Test history. In its first innings, India folded for 171 runs and were asked to follow-on by Australia. The Sourav Ganguly-led side played cautiously in the second innings and lost three wickets for 115 runs. India lost Ganguly in the 67th over of the innings, with the side getting reduced to 232/4. Rahul Dravid joined VVS Laxman in the middle. The next 104 overs were a nightmare for the Aussies as the Indian duo stitched a 376-run stand to revive the innings and helped the team stage a dramatic comeback in the match. Dravid scored 180 runs, while Laxman slammed 281, his highest score in Test cricket. India gave a target of 384 runs to Australia. However, the Waugh-led side were not able to achieve the target and bowled out for 212, handing India a massive win. Harbhajan was again the pick of the Indian bowlers as he scalped six wickets. The Eden Gardens Test is best remembered for India's miraculous revival in the second innings and Laxman's knock of 281 runs, which was one of the most marvellous innings played in the modern era. Laxman's stunning innings also halted Australia's record of 16 successive Test wins. 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
ia 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
ia 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
ia 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