gh

We might not be able to see any live sport for maybe 4-5 months: Sunil Gavaskar

The coronavirus outbreak has brought the world to a standstill and sporting events across the globe have either been cancelled or suspended. And former India skipper Sunil Gavaskar has said that with the way things are going, live sporting action may return only after another 4-5 months.

"The way things are going we might not be able to see any live sport for maybe 4-5 months. That's gonna be tough not just on the current players but also those who follow sport," Gavaskar told India Today.

"There are so many fans of different sports, for them to be able to only look at the old action after a time it gets boring, for nostalgia you can go back and see what happened earlier but actually you wanna see live sport be it on television or ground and for that not being able to be seen till September that's a worrying thing and I am pretty certain that the officials of all the sports are planning plan a, b, c to get over this period of uncertainty," Gavaskar explained.

While there have been talks of holding an IPL behind closed doors, Gavaskar said that it should be the last option.

"I think that's gonna be absolutely the last resort otherwise you know when you can't have absolutely anyone at the ground only then you should play without crowds.

"Every performer likes to perform in front of a crowd which appreciates the skills and temperament. Same in theatre. So i think it's not going to be easy on the performers as well. Players also want to do the high fives and hugs."

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




gh

T20 World Cup this year would be logistical nightmare, feels Chris Lynn

Australia batsman Chris Lynn feels that the T20 World Cup should not go ahead as planned this year in the country as it would be a logistical nightmare to arrange for the visiting teams amid the COVID-19 pandemic. Speaking to 'Fox Sports', the 30-year-old said that administrators would do well to accept the enormity of the crisis, which has claimed over 2 lakh lives the world over.

"My personal opinion is no," Lynn said. The T20 World Cup is scheduled to be held in October-November and there is intense speculation about the fate of the event given the current circumstances. "Obviously we're praying for it to go ahead but we've just got to play what's in front of us," he reasoned. Lynn then went on to list the many challenges that the organisers will be confronted with should they decide to move ahead.

"Having teams come from all over the world is going to be a logistical nightmare. "Hotels, travel, keeping the teams in the hotels for a number of weeks before the tournament is going to be tough work moving forward," he said. Lynn was also asked about the possibility of Australian players having to take pay cuts amid the financial crisis that is unfolding because of the virus.

"No-one likes to take pay cuts but I think for the longevity of the game you've got to be realistic," he responded.

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




gh

Yuvraj Singh on Irrfan Khan's death: I know the journey and pain

On Wednesday when the world came together to mourn the death of veteran Bollywood actor Irrfan Khan who died with a colon infection, Yuvraj Singh, who had also made a return from cancer before finally calling curtains on his illustrious career in 2019, opened up about his struggle against the dreadful disease. Talking about it, Yuvraj Singh took to Twitter to say he 'knew the journey and the pain' well enough and paid tribute to acclaimed actor Irrfan Khan.

"I know the journey I know the pain and I know he fought till the end some are lucky to survive some don't I'm sure you are in a better place now Irfan Khan my condolence to your family. May his soul rip," Yuvraj, who starred in India 2007 T20 and 2011 ODI World Cup wins, said Yuvraj on Twitter.

Yuvraj Singh later posted a video of Irrfan Khan from one of the advertisements he appeared for which is quite inspirational and resonates at a time like this. Yuvraj also wrote, "This clip seems like a fitting tribute to the man who thought and inspired so many out there that success is not a hand down, and that if you worked hard enough you will shine against all odds coz talent and hardwork always prepares ordinary people for an extraordinary journey."

Irrfan, who had been admitted in Mumbai's Kokilaben Dhirubhai Ambani hospital with a colon infection, since Tuesday, passed away on Wednesday morning.

The actor has been ailing ever since he was diagnosed with neuroendocrine tumour a while back, and has been under medical attention for the same. He even went abroad for treatment.

Ever since the news of his untimely demise broke on social media, various people from all walks of life came together to pay homage to the late Irrfan.

Besides Yuvraj Singh, other sports stars such as Virat Kohli, Sachin Tendulkar, Saina Nehwal, Sunil Chhetri and Virender Sehwag also took to the micro-blogging site to pay homage to the 'Life of Pi' actor.

Irrfan Khan last appeared in the 2020 Bollywood film Angrezi Medium alongside Kareena Kapoor Khan, Deepak Dobriyal and Radhika Madan.

Inputs from IANS

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




gh

On this day in 1995, Steve Waugh played highest Test knock of his career

On this day in 1995, former Australian batsman Steve Waugh played his highest Test innings as he scored 200 against West Indies at Sabina Park in Kingston. the final Test of the four-match series, playing against a fearsome West Indies attack spearheaded by Courtney Walsh and Curtly Ambrose, Waugh stood firmly at one end and guided the side to post 531 runs in the first innings after bundling the hosts for 265. Waugh's double ton was studded with 17 fours and one six.

In the second innings, Paul Reiffel and Shane Warne scalped four wickets each to bundle Windies at 213. The visitors won the match by an innings and 53 runs under the leadership of Mark Taylor, Waugh was awarded as the Player of the Match for his spectacular batting performance. Australia also won the series by 2-1 after one match ended as a draw and became the first side to defeat the invincible Caribbean team in 15 years.

Waugh played 168 Tests and scored 10,927 runs at an average of 51.06. He is at the eleventh spot in the all-time run-scorer list of the longest format. In 325 ODIs, the middle-order batsman amassed 7569 runs. He hammered 35 centuries and 95 fifties across all formats.

Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




gh

Long stay by India could brighten Aussie summer

With so much of disarray caused in cricket scheduling by the Coronavirus, it's a time to expect the unexpected. And that includes some plans which appear far-fetched yet do-able. Probably, the cricket establishment worst hit by the COVID-19 pandemic-caused chaos is Cricket Australia, who is scheduled to host October's T20 World Cup and a Border-Gavaskar Trophy series in the Australian summer of 2020-21. Not only has the India-Australia rivalry become the only second to the Ashes in terms of significance, but it is also a major money-spinner. It is safe to assume that no more virus-related threats to this summer's Border-Gavaskar Trophy will give the rulers of Australian cricket much hope to regain lost ground on the financial front.

Five-match Test series likely

A source in the know of cricket administration in Australia says that there could well be a five-Test match India v Australia series and an equal amount of ODI and T20 matches between the two nations. "The administrators here have it all planned. An Australian airline giant will step in to fly the Indian cricketers on a special flight. Social distancing norms will be maintained on board, ruling out all health threats to the players. Matches could be held in no more than two venues with no spectators in the stands of course," said a source. What happens to the Indian Premier League and the T20 World Cup dates? "From what I hear, the T20 World Cup will be held in February-March and India's tour of Australia for the five Tests and limited overs series will be staged from November to early January. The IPL will hopefully take place in the months of October to November," said the source.

Adelaide to host most games

It is learnt that the Australian authorities will propose to hold most matches at the Adelaide Oval, where a hotel is situated at the ground's premises. The Indian players will be extremely busy considering England are to tour India for a series which will be held on the Indian team's return from Australia.

India and Australia have not engaged in a five-Test battle on Australian soil since 1991-92 when the hosts won 4-0. Post the 1999-2000 Border-Gavaskar series which comprised three Tests, both countries have always engaged in a four-Test series Down Under.

India won their first Test series in Australia in January 2019 while Australia have not won a Test series in India since 2004-05.

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




gh

Virat Kohli tells Anushka Sharma: You light up my world

India cricket captain Virat Kohli had a low-key birthday celebration for his actor wife Anushka Sharma, who turned 32 on Friday.

Virat, who has been vocal about how his wife inspires him to fight it out during tough times, shared a picture with his 56.1 million followers on Instagram and wrote: "You my love bring light into this world. And you light up my world everyday. I love you." The post received 4,840,33 'likes' as of Sunday morning.

 
 
 
View this post on Instagram

You my love bring light into this world. And you light up my world everyday. I love you ❤️

A post shared by Virat Kohli (@virat.kohli) onMay 1, 2020 at 7:01am PDT

Meanwhile, the couple has shared some of their cute moments with fans on social media like Anushka giving a haircut to Virat, urging people to stay at home during lockdown or enjoying a game of Monopoly with family members.

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




gh

Mohammed Shami: I thought of committing suicide thrice

In a startling revelation, India speedster Mohammed Shami has claimed that he thought of committing suicide thrice while battling personal issues a few years ago, forcing his family to keep a watch over him at all times. He said his family members feared he "might jump" from their 24th floor apartment. Shami, one of India's leading bowlers in recent years, opened up on his personal and professional life during an Instagram chat with teammate and limited overs squads' vice-captain Rohit Sharma.

"I think if my family had not supported me back then I would have lost my cricket. I thought of committing suicide three times during that period due to severe stress and personal problems," Shami revealed during the session on Saturday. Now one of the mainstays of Indian bowling attack across formats, the 29-year-old was struggling to focus on his cricket, then. "I was not thinking about cricket at all. We were living on the 24th floor. They (family) were scared I might jump from the balcony. My brother supported me a lot.

"My 2-3 friends used to stay with me for 24 hours. My parents asked me to focus on cricket to recover from that phase and not think about anything else. I started training then and sweated it out a lot at an academy in Dehradun," Shami said. In March 2018, Shami's wife Hasin Jahan had accused him of domestic violence and lodged a complaint with the police, following which the India player and his brother were booked under relevant sections. The upheaval in his personal life forced his employer BCCI to withheld the player's central contracts for a while.

"Rehab was stressful as the same exercises are repeated every day. Then family problems started and I also suffered an accident. The accident happened 10-12 days ahead of the IPL and my personal problems were running high in the media," Shami told Rohit. Shami said his family stood like a rock with him and the support helped him get back on his feet.

"Then my family explained that every problem has a solution no matter how big the problem. My brother supported me a lot." Speaking about another painful period in his life after his injury in the 2015 World Cup, Shami said it took him almost 18 months to get back on the field. "When I got injured in the 2015 World Cup, after that it took me 18 months to fully recover, that was the most painful moment in my life, it was a very stressful period."

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




gh

Makes sense to postpone World T20 if there isn't enough preparation time: Jason Roy

Feeling like a kid again, England batsman Jason Roy can't wait to get back on the cricket field but says it would make sense to postpone the T20 World Cup in October-November if teams don't get enough time to prepare for the mega event. All cricketing activities have come to a halt due to the COVID-19 pandemic and the future of T20 World Cup in Australia is also in doubt.

"If players aren't able to prepare in the right way and are not able to get over to Australia, then it makes sense to postpone it," Roy was quoted as saying by ESPNcricinfo. "But if it goes ahead, it's our job to play cricket - and if we're told we have three weeks to prepare to go and play in the World T20, all the boys will be putting the yards in to make sure we're ready for that.

"I think all the boys are on edge, waiting for the call saying, 'Right, we have a month turnaround or a six-week turnaround. Get in the nets and go hit some balls.' I think the boys will be as ready as they can be," said the 29-year-old opener. The England and Wales Cricket Board (ECB) too has suspended activities until July 1. While Roy is eager to be playing again, he said safety is paramount.

"I've got a huge amount of trust in the ECB. I think they will look into every single avenue of all the positives, all the negatives. So, I guess I would trust in what they say, probably have a chat with Morgs (Morgan) and see where his head's at and go with that. "I don't think I'll have too many questions, especially when it got to the stage of 'Right, we're going to play', because there'll be a lot of people in those meetings discussing whether it's the right thing to do or not."

Roy also has no issues in playing in front of empty stadiums. "I just want to play some cricket to be honest. I think for us to be able to go out there and play some cricket would be an incredible feeling. I feel like a kid again. "I guess we're governed by the government here, we don't really know what is going on or what the safety measures are. There's way bigger things out there. I'm more than happy to play behind closed doors, it would just be nice to get out there," he added.

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




gh

Mithali Raj: Teams don't take us lightly anymore

India ODI skipper Mithali Raj wants to add that elusive World Cup trophy to her cabinet before calling time on her illustrious career.

Raj helped India reach final of the tournament on two occasions -- 2005 and 2017 -- but the 'Women in Blue' suffered heartbreaks against Australia and England respectively.

Raj has stated that constantly churning out good results against top sides has helped the team gain a solid reputation in recent times. According to her, teams don't take India lightly anymore.

"Teams don't take us lightly anymore and come prepared for us," Raj was quoted as saying by Sportstar.

"Consistently beating the best sides in the world – be it Australia in the ODIs or England in the T20Is – has given us the confidence that we too are a side to beat."

Raj took retirement from the shortest format after the T20 World Cup last year in a bid to prolong her ODI career. She revealed how this is motivating her to keep herself fit during this enforced break put forward by the coronavirus pandemic.

"Fitness, at my age, is something I need to consciously and constantly keep up. I know I can't forget my skill. I still have some batting in me. I might need a few sessions to get my rhythm going," she said.

"Some of us have running space while others like me have to manage within the restricted spaces indoors, so our trainers are adapting routines for us. (Coach) WV Raman is trying to be creative with our skill training regimen.

"It is difficult because irrespective of how much we train indoors, we need to get out onto the ground to be fully prepared," she added.

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




gh

Gautam Gambhir shares photo of his 'naughtiest girls' who like to party

Former cricketer-turned-politician Gautam Gambhir has become quite an active personality on social media. Gambhir, who is quite famous for his straightforward opinions and practical views, has a much lighter side on social media.

Gautam Gambhir recently took to photo sharing website Instagram to share a photo of his two little daughters Anaiza and Aazeen as they 'bring the house down' as the country faces a lockdown due to the coronavirus pandemic.

Gautam Gambhir captioned the photo saying, "That’s the look of two of the naughtiest girls on the planet after they have brought down the house with their partying!!" Take a look at the post below.

Gautam Gambhir, who is member of the Lok Sabha, got married to Natasha Jain in 2011. Their first daughter Aazeen was born in June 2014. Gambhir and Natasha welcomed their second daughter Anaiza, born in June 2017.

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




gh

Shane Warne: Use weighted balls to avoid saliva and tampering

Australian spin legend Shane Warne has offered a unique answer to the question of how to swing the ball without using saliva or resorting to tampering in a post COVID-19 world -- make one side of it heavier to ensure that it doesn't need any shining. Warne feels it can help fast bowlers generate swing even on flat wickets and permanently eradicate ball-tampering. "Why can't the ball be weighted on one side so it always swings? It would be like a taped tennis ball or like with the lawn bowls," Warne told the Sky Sports Cricket Podcast.

There is speculation that the use of saliva to shine the ball will be stopped to cut down the risk of the highly contagious. Responding to the extraordinary situation, Australian manufacturer Kookaburra has started developing a wax applicator -- which could be ready in a month -- as an alternative to saliva and sweat to help bowlers shine cricket balls in the post COVID-19 world.

"I'm not sure you'd want it to hoop around corners like Wasim (Akram) and Waqar (Younis) but it could swing and give the seamer something on flat wickets when it's hot and the pitch is at its flattest on day two, day three," Warne said. "It would actually be a really good way to move forward, as you know no one needs to do anything to the ball.

"You wouldn't have to worry about anyone tampering with it with bottle tops, sandpaper, or whatever. It would be a good competition between bat and ball," he added. The iconic spinner said while bats have become bigger and lighter, the ball has not evolved over the years and his suggestion can bring about a balance. "Have a look at how the bats have evolved. If you pick up one of the bats you started with in the 80s, and then one you used at the end of your career, it's like four of your old ones stuck together - but the thing is lighter!

"So why has the ball not evolved? If anything, it has got worse," added Warne, who is currently in the middle of shooting a documentary on his life for Amazon.

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




gh

Harbhajan Singh: Ravichandran Ashwin is the world's best offie

Veteran India spinner Harbhajan Singh on Tuesday rejected the perception that he is jealous of Ravinchandran Ashwin, saying the Tamil Nadu bowler is a "legend in making". Ashwin, who had replaced Harbhajan in the Indian team, is among the leading off-spinners in the world alongside Australia's Nathan Lyon.

Harbhajan is not yet retired but last played for India in 2016. Harbhajan, 39, has played 103 Tests with his final game coming in 2015. Ashwin, on the other hand, has played 71 Tests since making his debut in 2011. "A lot of people think I am jealous, this and that. They can think whatever they want to. I just want to say that you are the best off-spinner presently playing the game," said Harbhajan during an Instagram live chat with Ashwin.


Harbhajan Singh

"Of course I like Nathan Lyon as well. I always put him right up there because he plays in Australia and it is a tough place to bowl [for spinners]. You [Ashwin] are one of those legends in the making. I wish you the very best and lots and lots of wickets."

The chat was focused on India's remarkable comeback in the 2001 home Test series against Australia. Trailing 0-1 in the three-match series, India went on to win the next two including the second one in Kolkata, where the hosts won after following-on, thanks to an iconic stand between VVS Laxman and Rahul Dravid.

365
No. of wickets off-spinner R Ashwin has taken in 71 Tests

27
No. of five-wicket hauls by Ashwin, the most by an Indian off-spinner in a Test innings

72
No. of wickets claimed by Ashwin in 2016, the best by an Indian off-spinner in a calendar year in Test cricket

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




gh

Watch video: Shikhar Dhawan dances with daughter Aliyah as she turns 20

India cricketer and star opener Shikhar Dhawan's daughter Aliyah turned 20 on Tuesday and the doting father posted a cute Instagram video dancing alongside her. "Happy birthday my angel! May you forever sparkle and shine like the star that you are. I miss you so much. Take care and enjoy your day @aliyah_dhawan," Shikhar, 34, captioned his video.

Meanwhile, Aliyah's mum Ayesha also posted a sweet message for her eldest daughter. "My partner in crime for life. My ride or die!!! This beautiful young lady is my soul, my heart my life!!! You are the reason I am who I am today! God bless you @aliyah_dhawan love you dearly #HAPPY 20th BIRTHDAY MY INSPIRATION," Ayesha wrote.

Ayesha Dhawan, 44, has two daughters, Rhea, 14, and Aliyah from a previous marriage. Shikhar and Ayesha fell in love and got married in October 2012. In 2015, the couple welcomed their son, Zoravar.

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




gh

MS Dhoni a 'shy guy', started opening up after 2008 Sydney Test: Harbhajan Singh

Spinner Harbhajan Singh on Wednesday said that MS Dhoni was a very shy person when he first came to the team and said that the wicket-keeper finally started opening up after the 2008 Sydney Test against Australia.

Harbhajan was doing an Instagram Live Session on the official handle of Chennai Super Kings and it was then that the spinner was asked to name his favourite memories with Dhoni.

Answering the question, Harbhajan replied: "We have played a lot of cricket together, we have done tours to probably all the countries, MS Dhoni was a very shy guy, he never used to come to our rooms, he was a very quiet guy, in the 2008 series against Australia, the Sydney Test brought the team together, from that time onwards, he started opening up".

"He was a young guy in the team, he was the captain but still he was very shy, he used to give suggestions, but he allowed everyone to do their thing, he is still the same, he gives everyone all the freedom, this is probably something people should learn from him, you should give space to bowlers," he added.

The 2008 Sydney Test between India and Australia is still remembered by everyone as Harbhajan Singh and Andrew Symonds were involved in an on-field tussle. Symonds had alleged that Harbhajan had passed a racist remark upon him and since then, the incident is known as 'MonkeyGate'.

During the 2008 Sydney Test, India also had to face few bad decisions and the side ended up losing the match. For the altercation with Symonds, Harbhajan was handed a three-match ban by referee Mike Procter although the charges were downgraded on 29 January 2008 to the lesser charge of using abusive language and the ban was lifted.

Thirty-eight-year-old Dhoni has been currently enjoying some time away from the game. He last played competitive cricket during the 2019 World Cup.

This year, Dhoni did not find a place for himself in the BCCI's centrally contracted players list. The board had released the list of central contract list of players for the period from October 2019 to September 2020.

Dhoni is the only captain to win all major ICC trophies (50-over World Cup, T20 World Cup, and Champions Trophy). Under his leadership, India also managed to attain the number one ranking in Test cricket. IPL 2020 was slated to begin from March 29, but the tournament has been postponed indefinitely due to the coronavirus pandemic.

Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever




gh

See photos: Sachin Tendulkar relishes beetroot kebabs prepared by daughter Sara

India cricket legend Sachin Tendulkar enjoyed a fine snack prepared by his daughter Sara, 22, and happily shared his experience on social media.

Sara prepared a plate of beetroot kebabs for her father on Thursday and he simply loved them. Sachin shared this picture on Instagram, holding up a plate full of beetroot kebabs (left). Alongside, he posted another picture (right) of the plate, but this time it was empty. "Gone in 60 seconds! Thanks for the fabulous beetroot kebabs @saratendulkar," Sachin captioned his post that went on to receive nearly one million 'likes' within a few hours.

In an Instagram story, Sachin added that Sara also prepared a Tabbouleh (a Lebanese vegetarian salad), which was also a hit with the family, who are currently in lockdown at their Bandra home due to the COVID-19 pandemic. "This was over before we could say Tabbouleh," wrote Sachin.

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




gh

Viral video showing dog's helicopter leap through a gate amuses netizens

Do you need a little something to chase away your lockdown blues? A viral video of a dog has been making rounds on social media ‘turned into a helicopter’ while leaping through a four-feet-tall gate that has impressed millions online.

The video clip posted by Helen Laura Morrey on Instagram shows her Lurcher dog, named Maldwyn taking off like a helicopter while leaping through a gate with his tail spinning with excitement. As the video went viral, it has also been shared on other social media platforms too. The video was shot at Merthyr Mawr in the United Kingdom, when Morrey was out on a walk her three dogs.

Morrey wrote on her Instagram that, "Even during times like these I’m blessed to have lovely places on my doorstep to take these 3 out," while adding that Maldwyn "lost his mind and turned into a helicopter."

 
 
 
View this post on Instagram

A post shared by Helen Laura Morrey (@helenlauramorrey) onApr 4, 2020 at 11:36am PDT

Since the Lurcher’s long leap went viral, it has garnered 20,330 views and counting with many amusing comments from netizens! One user said, "Omg this video cracked me so much! That is one talented dog." Another user said, "This is just pure joy! Makes me laugh every time!!!" A user said, "Beautiful dogs, amazing jumping skills, crazy helicopter tail action, but what also makes this so great is the sound that you make... Wooaaa!!!"

What do you think about this video?

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.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




gh

Coronavirus: In a rare sight, lions captured sleeping amid lockdown in South Africa

With humans in their homes amid the coronavirus lockdown, animals are roaming free on the streets. After pictures of dolphins off Marine Drive, peacocks venturing in the streets of Mumbai and tigers taking a stroll in the forests of Madhya Pradesh went viral, stunning pictures of lions sleeping in a park in South Africa is making rounds on social media.  

 The picture posted on Twitter by the Kruger National Park in South Africa, show the rare sight of the pack of lions sleeping in the pathways of the park. Clicked by Section ranger Richard Sowry, the caption for the post reads, “Kruger visitors that tourists do not normally see.  #SALockdown This lion pride are usually resident on Kempiana Contractual Park, an area Kruger tourists do not see.  This afternoon they were lying on the tar road just outside of Orpen Rest Camp.”

The astounding pictures that were posted on Twitter on Wednesday, garnered over 19,500 likes and was retweeted more than 6,700 times. The users commenting on the post spoke how such rare sights are seen when humans are at home and how mother nature is recovering from the wounds.

What do you think about the pictures?

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.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




gh

Five Afghan girls on a life-saving mission

On most mornings, Somaya Farooqi and four other teenage girls pile into her dad's car and head to a mechanic's workshop. They use back roads to skirt police checkpoints set up to enforce a lockdown in Herat, one of Afghanistan's hot spots of the pandemic.

The members of Afghanistan's prize-winning girls' robotics team say they're on a live-saving mission " to build a ventilator from used car parts and help their war-stricken country battle the virus.

"If we even save one life with our device, we will be proud," said Farooqi, 17. Afghanistan faces the pandemic nearly empty-handed.It has only 400 ventilators for a population of over 36.6 million. So far, it has reported just over 900 cases, including 30 deaths, but the actual number is suspected to be much higher since test kits are in short supply.

Farooqi and her team members, ages 14 to 17, are experimenting with two different designs, including an open-source blueprint from the Massachusetts Institute of Technology. The parts being used include the motor of a Toyota windshield wiper, batteries and sets of bag valve masks, or manual oxygen pumps. A group of mechanics helps them build the frame of a ventilator.

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.

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




gh

Turkish Spiderman delivers groceries to elderly neighbours amid coronavirus lockdown

Amid the coronavirus gloom, a Turkish man is giving netizens a reason to smile with his unique antics and helping attitude. The man identified as Burak Soylu dresses up as the famous Marvel superhero Spiderman to help his neighbours amid the global pandemic.

According to a Twitter post shared by Goodable, just like the 'friendly neighbourhood' Marvel superhero who helps people with his superpowers, Burak dresses up in a Spiderman suit and goes around helping his neighbours, especially elderly people by distributing milk, groceries and essentials at the doorsteps.

In the pictures shared by Goodable, Burak can be seen buying vegetables from the market and delivering it to those in need of help at a time when most countries have imposed a lockdown to curb the spread of coronavirus. While speaking to Goodable, Burak said that his superpower is doing good for his neighbours.

Twitter user Serhan also shared some breathtaking pictures of Burak as Spiderman driving his Beetle and even posing on a tractor. Since the time it was shared, the post has garnered over 10,000 re-tweets and about 4,000 likes.

The post, which has gone viral now has garnered tons of appreciation from netizens. While some Twitterati lauded Burak for helping the elderly amid coronavirus crisis, others talked about how Burak was spreading the safety message by wearing a costume that includes a face mask and hand gloves which are highly important to combat COVID-19.

One user said, "And he's masked and gloved too! Good one, Spidey!" while another user commented, "Now that's what I call a friendly neighborhood spiderman..." A third user jokingly said, "So can we say Superman costume is Coronaproof? Hahaha." Talking about the Turkish spiderman's noble cause, a fourth user said, "He also visits disabled kids school and presents toys along with mask."

Here's how netizens reacted to Turkish spiderman's noble work:

Isn't the Turkish Spiderman living by the well-known proverb of the Marvel superhero, "With great power comes great responsibility".

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.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




gh

18-year-old gets stuck inside washing machine while playing hide-and-seek, fire fighters rescue her

An innocent game of hide-and-seek ended in a teenager getting stuck inside the washing machine, only to be rescued by fire-fighters. 18-year-old Amari Dancy was playing the game with her cousins when she thought of the washing machine as a good place to hide.

Little did she know that she would end up getting stuck there. One of the cousins saw her stuck in the washing machine, alerted others and called the emergency services for help. The teenager was quoted by NBC News as saying, "We already had hid underneath the bed, in the closet, and we couldn't go down into the basement...So, I was like 'Oh, ok, let's just hide in the washer machine."

Dancy also said that she was relieved after being rescued, "I was really worried to see if they were going to get me out or not. Once they figured out what to do... I just felt relieved. I just wanted to be out of there."

The ordeal faced by Dancy was shared on Instagram by her aunt Naomi Elizabeth, with videos of firefighters wearing masks and rescuing the girl by removing the top of the washing machine to make enough space to pull her out.

The post shared on Monday garnered 6,087 likes on Instagram with hilarious reactions pouring in the comments.

A user said, "I'm dying over here.. thanks for the laughs." Another user said, "I am glad her hair was did!!!" Third user asked, "Are you okay???? It’s funny and all but still want to make sure you are doing okay....." One user said, "Didnt ya mama teach you not to play with washing machines?"

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.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




gh

COVID-19 killed by sunlight, warmer temperatures, humidity: White House

Sunlight kills COVID-19 while warmer temperatures and humid weather significantly damage the virus, measured in terms of the virus' half-life or the time it takes to cut its potency in half, according to the latest breakthrough research from the US Department of Homeland Security's most advanced biocontainment lab, released at the White House on Thursday.

The coronavirus outbreak in the US has killed nearly 50,000 Americans and infected more than 860,000 till date. Research around the effect of temperature and humidity has been gaining traction for weeks, these are the most downloaded papers on research websites but this is the first time the US government has put an official stamp on initial results of temperature tests on COVID-19.

"Our most striking observation to date is the powerful effect that solar light appears to have on killing the virus, both on surfaces and in the air. We've seen a similar effect with both temperature and humidity as well. Increasing the temperature and humidity or both is generally less favourable to the virus," Bill Bryan, chief of the science and technology directorate at the US Department of Homeland Security, said.

In a room at 70-75F temperature with 20 per cent humidity, the half-life of the virus is about an hour, according to Bryan. "But you get outside and it cuts down to a minute and a half, very significant difference when it when it gets hit with UV rays," he said.

According to the same research, the virus' half-life on surfaces reduces dramatically with a combination increase of temperature and humidity. When the temperate is kept constant at 70-75F and only the humidity is cranked up from 20 per cent to 80 per cent, the virus' half-life is shown to crash from 18 hours to 6 hours. If the temperature is increased to 95F, the half-life sinks to barely 60 minutes.

Bryan said this testing was done at DHS' advanced biocontainment lab in Maryland, just outside the national capital. Pointing to charts with data from experiments on the COVID-19 virus, Bryan said the virus half-life plunges "drastically" with exposure to higher temperatures and even minimal exposure to humidity.

Bryan said the DHS biocontainment lab is the only one in America that has the capability to do the kind of testing that has led to the research on the virus' UV and temperature tolerance.

Bryan explained the mechanics of the COVID-19 temperature tolerance experiment in simple terms. He said the virus was first locked into a 5-gallon bucket and suspended in the air inside. "We're able to take a particle of a virus and suspend it in the air inside of this drum and hit it with various temperatures, various humidity levels, multiple different kinds of environmental conditions to include sunlight. And we're able to measure the decay of that virus while it's suspended in the air. This is how we do our aerosol testing."

"While there are many unknown links in the COVID-19 transmission chain, we believe these trends can support practical decision making to lower the risks associated with the virus," Bryan said. The DHS team has also tested the effect of bleach and isopropyl alcohol on the virus, "specifically in saliva and respiratory fluids".

"And I can tell you that bleach will kill the virus in five minutes, isopropyl alcohol will kill the virus in 30 seconds, and that's with no manipulation. No rubbing."

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.

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




gh

Unfazed! Journalist calmly dodges falling light stands continues live reporting; netizens impressed

Keeping calm and focused towards the task in hand is a recommended recipe for success. A journalist from US is being lauded for doing the same. News reporter Kirsten Welker was reporting a live event and remained unfazed even after dodging two light stands that fell near her becuase of strong windy conditions.

Welker wearing a mask was reporting live from Washington DC on a windy day when two tall lighting fixtures fell near her. However, she calmly dodged the falling stands and continued with her reporting, which has impressed netizens across the globe. Ever since the clip went viral, Welker is being hailed as a legend and received several appreciating comments for her commitment.

With many people sharing the clip, even Welker responded to comments she received in a witty manner. When a sports news website shared the clip saying, “First-round pocket presence”, here’s how she responded:

The clip that has received more than 1.4 million views and over 23,600 likes on Twitter was retweeted more than 3,600 times. Users commenting on the video posted about how Welker handle the situation with presence of mind.

What do you think about the video?

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.

Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news




gh

USAID announces additional USD 3 mn aid to India to fight coronavirus

The US Government, through its aid agency USAID, has announced a grant of an additional USD 3 million to India to mitigate the spread of COVID-19. In coordination with the Indian government, the USAID is providing these funds to the Partnerships for Affordable Healthcare Access and Longevity (PAHAL) project, an innovative financing platform of IPE Global, USAID said in a statement on Wednesday. US Ambassador to India, Kenneth Juster, stated: "This additional funding to support India in its continuing efforts to combat COVID-19 is yet another example of the strong and enduring partnership between the United States and India."

To date, the USAID has provided USD 5.9 million to assist India in responding to the COVID-19 outbreak. This assistance will help India slow the spread of COVID-19, provide care for the affected, disseminate essential public health messages to communities, and strengthen case finding and surveillance. Through the PAHAL project, the USAID will support the National Health Authority to establish a financing facility that can mobilize resources from the private sector to assist over 20,000 health facilities enrolled under Pradhan Mantri Jan Arogya Yojana (PM-JAY), India's health insurance scheme for 500 million poor and vulnerable people.

During the talks on April 04, Prime Minister Narendra Modi and US President Donald Trump had agreed to deploy the full strength of the India-US partnership to combat the coronavirus pandemic. Early this month, India, at the request of President Donald Trump, had exported 35.82 lakh tablets of hydroxychloroquine to the US along with active pharmaceutical ingredient or API required in the manufacturing of the drug.

Trump had thanked India for its decision to export hydroxychloroquine to fight coronavirus and lauded Prime Minister Modi for his "strong leadership" in helping "not just India, but humanity" in this fight.

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.

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




gh

Emerging from lockdown: '46 days in the house was enough'

From the US to Europe and Asia, people in many parts of the world are emerging from their homes as virus-related restrictions begin to ease and springtime temperatures climb.

Chinese were flocking to tourist spots, many newly reopened, after a relaxation of domestic travel restrictions ahead of a five-day holiday that runs through Tuesday.

Nearly 1.7 million people visited Beijing parks on the first two days of the holiday, and Shanghai's main tourist spots welcomed more than a million visitors, according to Chinese media reports. Many spots limited the number of daily visitors to 30 per cent of capacity or less, keeping crowds below average.

Masks were worn widely, from runners in Spain to beach-goers in the southern US. "It's great to have an audience after all these weeks," saxophonist Julia Banholzer, a native of Germany, said.

New Jersey reopened state parks, though several had to turn people away after reaching a 50 per cent limit in their parking lots. Margie Roebuck and her husband were among the first on the sand at Island Beach State Park. "Forty-six days in the house was enough," she said.

In Spain, many ventured out Saturday for the first time since a lockdown began on March 14. "I feel good, but tired. You sure notice that it has been a month and I am not in shape," Cristina Palomeque said in Barcelona. Prime Minister Pedro Sánchez asked citizens to remain vigilant. COVID-19 has caused over 25,100 deaths in Spain.

The divide in the US between those who want lockdowns to end and those who want to move cautiously extended to Congress. The Republican-majority Senate will reopen Monday, while the Democrat-controlled House of Representatives stays shuttered.

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.

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




gh

European virus tracing apps put spotlight on privacy

The race by governments to develop mobile tracing apps to help contain infections after coronavirus lockdowns ease is focusing attention on privacy. The debate is especially urgent in Europe, which has been one of the hardest-hit regions in the world, with nearly 140,000 people killed by COVID-19. The use monitoring technology, however, may evoke bitter memories of massive surveillance by totalitarian authorities in much of the continent. The European Union has in recent years led the way globally to protect people's digital privacy, introducing strict laws for tech companies and web sites that collect personal information. Academics and civil liberties activists are now pushing for greater personal data protection in the new apps as well.

European authorities, under pressure to ease lockdown restrictions in place for months in some countries, want to make sure infections don't rise once confinements end. One method is to trace who infected people come into contact with and inform them of potential exposure so they can self-isolate. Traditional methods involving in-person interviews of patients are time consuming and labor intensive, so countries want an automated solution in the form of smartphone contact tracing apps. But there are fears that new tech tracking tools are a gateway to expanded surveillance. Intrusive digital tools employed by Asian governments that successfully contained their virus outbreaks won't withstand scrutiny in Europe.

Residents of the EU cherish their privacy rights so compulsory apps, like South Korea's, which alerts authorities if users leave their home, or location tracking wristbands, like those used by Hong Kong, just won't fly. The contact-tracing solution gaining the most attention involves using low energy Bluetooth signals on mobile phones to anonymously track users who come into extended contact with each other. Officials in western democracies say the apps must be voluntary. The battle in Europe has centered on competing systems for Bluetooth apps. One German-led project, Pan-European Privacy-Preserving Proximity Tracing, or PEPP-PT, which received early backing from 130 researchers, involves data uploaded to a central server.

However, some academics grew concerned about the project's risks and threw their support behind a competing Swiss-led project, Decentralized Privacy-Preserving Proximity Tracing, or DP3T. Privacy advocates support a decentralised system because anonymous data is kept only on devices. Some governments are backing the centralized model because it could provide more data to aid decisionmaking, but nearly 600 scientists from more than two dozen countries have signed an open letter warning this could, 'via mission creep, result in systems which would allow unprecedented surveillance of society at large.'

Apple and Google waded into the fray by backing the decentralized approach as they unveiled a joint effort to develop virus-fighting digital tools. The tech giants are releasing a software interface so public health agencies can integrate their apps with iPhone and Android operating systems, and plan to release their own apps later. The EU's executive Commission warned that a fragmented approach to tracing apps hurt the fight against the virus and called for coordination as it unveiled a digital 'toolbox' for member countries to build their apps with.

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.

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




gh

Coronavirus Outbreak: Australia's Qantas extends flight cancellations

Australian flag carrier, Qantas on Tuesday extended international flight cancellations till the end of July, but said that it was in a strong position to endure disruptions caused by the COVID-19 pandemic.

The company said that domestic flights would be cancelled till the end of June and international services until the end of July, adding that domestic and trans-Tasman services could be quickly reinstated should restrictions ease in coming weeks, reports Xinhua news agency.

"Australia has done an amazing job of flattening the curve and we're optimistic that domestic travel will start returning earlier than first thought, but we clearly won't be back to pre-coronavirus levels anytime soon," Group CEO Alan Joyce said.

"With the possible exception of New Zealand, international travel demand could take years to return to what it was."

The company, which includes budget branch Jetstar, also revealed it had secured a further A$550 million ($354 million) in debt funding, placing it in a stronger position to endure the COVID-19 crisis.

According to Qantas, by reducing expenditure and borrowing against its fleet of aircraft, the company could survive several recovery scenarios, including one where current travel restrictions persisted until December 2021.

The reduction in expenditure is largely due to the standing down of more than 25,000 staff who were forced to use leave entitlements before receiving delayed financial assistance from the government.

"The impact of this stand down is deeply regrettable but has been greatly softened by the Australian Government's JobKeeper program, which the Group commenced paying several weeks ahead of the official payment start date," the airline said in a statement.

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.

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




gh

'Hepatitis C drugs may help fight virus'

Several drugs approved for the treatment of hepatitis C viral infection have been identified as potential candidates against COVID-19 caused by the SARS-CoV-2 coronavirus, according to a study based on extensive calculations using supercomputer simulations.

Researchers from Johannes Gutenberg University Mainz (JGU) in Germany simulated the way that about 42,000 different substances listed in open databases bind to certain proteins of SARS-CoV-2, and thereby inhibit the penetration of the virus into the human body or its multiplication. Using the powerful MOGON II supercomputer operated by JGU and the Helmholtz Institute Mainz, the researchers made more than 30 billion single calculations within two months.

They found that compounds from the four hepatitis C drugs simeprevir, paritaprevir, grazoprevir, and velpatasvir have a high affinity to bind SARS-CoV-2 very strongly and may therefore be able to prevent infection. "This computer simulation method is known as molecular docking and it has been recognised and used for years. It is much faster and less expensive than lab experiments," said Professor Thomas Efferth from JGU, lead author of the study published in the Bulletin of the World Health Organization. "As far as we know, we were the first to have used molecular docking with SARS-CoV-2. And it is fantastic news that we have found a number of approved hepatitis C drugs as promising candidates for treatment," Efferth said.

The results are also supported by the fact that both SARS-CoV-2 and the hepatitis C virus are a virus of the same type, a so-called single-stranded RNA virus, explained Efferth. According to the researchers, a natural substance from the Japanese honeysuckle (Lonicera japonica), which has been used in Asia against various other diseases for some time now, might be another strong candidate against SARS-CoV-2. "Our research results now need to be checked in laboratory experiments and clinical studies," said Efferth. Molecular docking had already been used successfully in the search for active substances against the coronaviruses MERS-CoV and SARS-CoV, he added.

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.

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




gh

Donald Trump thinks COVID-19 fight's over?

The Trump administration has initiated talks on winding down the White House Task Force on COVID-19 and gradually delegating its responsibilities to the relevant federal agencies, US Vice President Mike Pence said on Tuesday. Pence leads the task force.

"As I have said before, as we continue to practise social distancing and states engage in safe and responsible reopening plans, I truly believe — and the trend lines support it — that we could be in a very different place. And by late May and early June — and that probably represents the timetable for our agencies."

President Donald Trump also confirmed the news. Asked why is now the time to wind down the task force if there could be a recurrence, he said, "Because we cannot close our country down for the next five years. The administration has learned a lot." The president noted that health experts believe there could be a recurrence but they would need to "put it out". Over 71,000 Americans have died more than 12 lakh have been infected from COVID-19 so far.

Infection rate rising
Meanwhile, the infection rate outside of New York is rising even as states move to lift their lockdowns, an Associated Press analysis found Tuesday.

New confirmed infections per day in the US exceed 20,000, and deaths per day are well over 1,000, according to figures from Johns Hopkins University.

And public health officials warn that the failure to flatten the curve and drive down the infection rate in places could lead to perhaps tens of thousands of deaths as people are allowed to venture out and businesses reopen. "Make no mistakes: This virus is still circulating in our community, perhaps even more now than in previous weeks" said Linda Ochs, director of the Health Department in Shawnee County, Kansas.

HCQ warnings ignored
Fired vaccine expert Dr Rick Bright has alleged that the US ignored the concerns of doctors over the import of hydroxychloroquine from "uninspected" factories in India and Pakistan and flooded the US with the unproven and potentially dangerous drug to treat COVID-19 patients.

Italy claims to have made vaccine that neutralises COVID-19

Italian biotech firm Takis has claimed that they have developed a vaccine that neutralises COVID-19 in human cells. According to reports, the tests conducted on mice at Rome's Lazzaro Spallanzani National Institute for Infectious Diseases showed that the vaccine generated antibodies in mice that could work on human cells too. "This is the most advanced stage of testing of a candidate vaccine created in Italy. We believe this will also happen in humans," Takis CEO Luigi Aurisicchio said.

Pak becomes 29th country with over 500 COVID-19 deaths

With a surge in the number of COVID-19 cases and deaths in the past week, Pakistan has now become the 29th country in the world where over 500 deaths have been reported. The Executive Director of National Institute of Health (NIH), Maj Gen Prof Dr Aamer Ikram said things would start improving for Pakistan in June, Dawn reported. But as things stand, he said the total number of cases in Pakistan could go up to 1,50,000. Pakistan's cabinet has given a nod to relax the lockdown restrictions after May 9.

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.

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/




gh

Disneyland in Shanghai to reopen on May 11 as cases dip

The Disneyland theme park in Shanghai will reopen on May 11 under "enhanced health and safety measures," the firm said. Only limited attendance will be allowed initially, and visitors will need to book tickets and make reservations in advance. Social distancing will be maintained in lines for amenities, in restaurants, on rides and other facilities and sanitisation and disinfection will be boosted, it added.

With warmer weather and new virus cases and deaths falling to near-zero, China has been steadily re-opening, parks, museums and tourist sites such as the Great Wall of China and the Forbidden City ancient palace complex in Beijing. China has reported two confirmed cases and 20 new asymptomatic infections.

China asks US for proof
China on Wednesday dared US Secretary of State Mike Pompeo to show "enormous evidence" he claimed to have to prove that the virus originated from a lab in Wuhan and said he has no proof to back up his claims.

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.

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




gh

UNICEF: At 20.1 million, India expected to have highest births since COVID-19 declared as pandemic

India is projected to record the highest number of births in the 9 months since COVID-19 was declared a pandemic in March, with more than 20 million babies expected to be born in the country between March and December, according to top UN body. The United Nations Children's Fund (UNICEF) warned that pregnant mothers and babies born during the pandemic across the world were threatened by strained health systems and disruptions in services. An estimated 116 million babies will be born under the shadow of COVID-19 pandemic, UNICEF said on Wednesday, ahead of Mother's Day, observed on May 10.

These babies are projected to be born up to 40 weeks after COVID-19 was recognised as a pandemic on March 11. The highest numbers of births in the 9 months since the pandemic was declared are expected to occur in India, where 20.1 million babies are projected to be born between March 11 and December 16. Other countries with the expected highest numbers of births during this period are China (13.5 million), Nigeria (6.4 million), Pakistan (5 million) and Indonesia (4 million), it said. "Most of these countries had high neonatal mortality rates even before the pandemic and may see these levels increase with COVID-19 conditions," UNICEF said.

It is estimated that there will be 24.1 million births in India for the January-December 2020 period. UNICEF warned that COVID-19 containment measures can disrupt life-saving health services such as childbirth care, putting millions of pregnant mothers and their babies at great risk. Even wealthier countries are affected by this crisis. In the US, the sixth highest country in terms of expected number of births, over 3.3 million babies are projected to be born between March 11 and December 16.
"New mothers and newborns will be greeted by harsh realities," UNICEF said, adding they include global containment measures such as lockdowns and curfews; health centres overwhelmed with response efforts; supply and equipment shortages; and a lack of sufficient skilled birth attendants as health workers, including midwives, are redeployed to treat COVID-19 patients.

"Millions of mothers all over the world embarked on a journey of parenthood in the world as it was. They now must prepare to bring a life into the world as it has become ¿ a world where expecting mothers are afraid to go to health centres for fear of getting infected, or missing out on emergency care due to strained health services and lockdowns," UNICEF Executive Director Henrietta Fore said. "It is hard to imagine how much the coronavirus pandemic has recast motherhood" Fore said.
UNICEF said its analysis was based on data from World Population Prospects 2019 of the UN Population Division.

An average full-term pregnancy typically lasts a complete 9 months, or 39 to 40 weeks. For the purposes of this estimate, the number of births for a 40-week period in 2020 was calculated. The 40-week period of March 11 to December 16 is used in this estimate based upon the WHO's March 11 assessment that COVID-19 can be characterised as a pandemic. UNICEF warned that although evidence suggests that pregnant mothers are not more affected by COVID-19 than others, countries need to ensure they still have access to antenatal, delivery and postnatal services.

Similarly, sick newborns need emergency services as they are at high risk of death. New families require support to start breastfeeding, and to get medicines, vaccines and nutrition to keep their babies healthy, it said. "This is a particularly poignant Mother's Day, as many families have been forced apart during the coronavirus pandemic, but it is also a time for unity, a time to bring everyone together in solidarity. We can help save lives by making sure that every pregnant mother receives the support she needs to give birth safely in the months to come," Fore said.

Issuing an urgent appeal to governments and health care providers to save lives in the coming months, UNICEF said efforts must be made to help pregnant women receive antenatal checkups, skilled delivery care, postnatal care services, and care related to COVID-19 as needed. Ensure health workers are provided with the necessary personal protective equipment and get priority testing and vaccination once a COVID-19 vaccine becomes available so that can deliver high quality care to all pregnant women and newborn babies during the pandemic, it said.

While it is not yet known whether the virus is transmitted from a mother to her baby during pregnancy and delivery, UNICEF advised all pregnant women to follow precautions to protect themselves from exposure to the virus. Closely monitor themselves for symptoms of COVID-19 and seek advice from the nearest designated facility if they have concerns or experience symptoms. Pregnant women should also take the same precautions to avoid COVID -19 infection as other people: practice physical distancing, avoid physical gatherings and use online health services, it said.

UNICEF said even before COVID-19 pandemic, an estimated 2.8 million pregnant women and newborns died every year, or 1 every 11 seconds, mostly of preventable causes.
The agency called for immediate investment in health workers with the right training, who are equipped with the right medicines to ensure every mother and newborn is cared for by a safe pair of hands to prevent and treat complications during pregnancy, delivery and birth.

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.

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




gh

European Innovation Council - Additional €150 million for the European Innovation Council to fund breakthrough ideas tackling coronavirus

[Source: Research & Innovation] The European Innovation Council (EIC) Accelerator Pilot will work with an extra €150 million to support game-changing innovations to tackle the coronavirus crisis. The additional budget, approved by the European Commission today, will fund the best start-ups and SMEs who applied under the March cut-off.




gh

Research Headlines - Enlisting feathered friends to fight illegal fishing

[Source: Research & Innovation] Illegal fishing destroys marine habitats and threatens species living at sea. An EU-funded project is helping authorities to crack down on these operations by developing the world's first seabird ocean-surveillance system.




gh

Tax-News.com: UK May Lower Air Duty On Northern Ireland Flights

The UK Conservative Party has agreed to consider reducing the rate of Air Passenger Duty for airports in Northern Ireland after agreeing a coalition government with the Northern Ireland's Democratic Unionist Party party.




gh

Tax-News.com: Sweden Introduces Flight Tax

An environmental tax on air travel was introduced in Sweden on April 1, 2018.




gh

J.B.CHEMICALS at 52 Week High; BSE 500 Index Up 2.0%

Posted by Equitymaster
      

J.B.CHEMICALS share price has hit a 52-week high at Rs 625 (up 2.0%).

Meanwhile, the BSE 500 Index is at 12,146 (up 1.7%).

Among the top gainers in the BSE 500 Index today are J.B.CHEMICALS (up 2.0%) and ICICI SECURITIES LTD (up 10.5%).

CYIENT (down 5.6%) and RELIANCE CAPITAL (down 5.0%) are among the top losers today.

Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 625, registering a gain of Rs 294 (up 87.64%).

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 435.7%), ABBOTT INDIA (up 145.8%) and NAVIN FLUORINE (up 122.8%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.8%). The top gainers among the BSE Sensex stocks today are HUL (up 3.0%), INDUSIND BANK (up 2.9%) and BAJAJ FINANCE (up 2.8%). Other gainers include AXIS BANK (up 2.7%) and RELIANCE IND. (up 2.5%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 9,383 (up 1.5%). DR. REDDYS LAB (up 4.1%) and INDIABULLS HOU. FIN. (up 3.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,277 to 32,089, registering a gain of -6,188 points (up -16.4%).

J.B.CHEMICALS Financial Update...

J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.

For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 3.3% to Rs 14 billion during FY18.

The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.0x.

This article (J.B.CHEMICALS at 52 Week High; BSE 500 Index Up 2.0% ) 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.




gh

Sensex Opens Over 500 Points Higher; Metal and Banking Stocks Rally

Posted by Equitymaster
      

Asian stock markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.6% while the Hang Seng is up 0.9%. The Nikkei 225 is trading up by 1.8%. Wall Street's indices climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by the coronavirus-induced economic downturn.

Trends on SGX Nifty indicated a positive opening for the index in India with a 91 points gain.

India share markets opened higher. The BSE Sensex is trading up by 542 points while the NSE Nifty is trading up by 158 points. The BSE Mid Cap index and BSE Small Cap index opened up by 0.9% and 0.6% respectively.

All sectoral indices are trading in green with metal stocks and banking stocks witnessing maximum buying interest.

--- Advertisement ---
FREE Guide for You: Find the Next Crorepati Stock in this Futuristic Industry

Tanushree Banerjee, the co-head of research, just shared her latest guide:

Find the Next Crorepati Stock in this Futuristic Industry

And she has agreed to make it available for free for a limited time.

If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing...

Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run.

She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit'

We expect this to a huge event... with more than 10,000 people attending it LIVE.

You simply can't miss it.

Click Here to Download the Guide & Block Your Seat Now. It's Free.
------------------------------

Note that the�coronavirus impact�has shaken markets worldwide. For the�BSE Sensex, FY20 was the second worst year post FY08, the year of the global financial crisis.

Good Time to Start Investing Now?

Naturally, there is an atmosphere of fear all round.

Is it time to sell stocks now? Will the correction get worse?

History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.

If you can�find good businesses�that can survive the current crisis, you will do well in the long run.

Moving on, the rupee is currently trading at 75.57 against the�US$.

--- Advertisement ---
Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss

Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event.

And with the corona crash, this opportunity has only become even more exciting.

And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run.

So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours.

Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE.

Click here to find out how you can claim your FREE copy
------------------------------

Gold prices are currently trading up 1.7% at Rs 46,161.

Gold prices in India edged lower in yesterday's trade though it remained in a narrow range.

On MCX, June gold futures fell about Rs 30 to Rs 45,340 per 10 gram, extending losses to the third day.

Gold prices had fallen about Rs 426 per 10 gram in the previous session. Silver futures also gave up early gains and were down 0.1% to 41,803 per kg.

In global markets, gold prices edge higher today after a sharp fall in the previous session.

Spot gold climbed 0.3% to US$1,690.19 per ounce, after a 1% fall in the previous session. Despite bleak economic data, the dollar's strength is weighing on gold.

The US dollar today touched a more than one-week high against a basket of major currencies. Besides firmer dollar, some bullion refineries restarted have production, easing supply-side concerns.

Moving on to mutual funds sector. Investors pumped Rs 837.8 billion in equity-oriented mutual fund (MF) schemes in FY20, registering a decline of 25% from the Rs 1.11-trillion inflows in the preceding year.

However, this was the sixth successive year of net inflows in equity mutual funds, according to data by the Association of Mutual Funds in India.

The flows into equity funds in the last fiscal were lower than the flows in 2018-19 primarily because of the equity markets displaying volatility, which made some investors take a break from making fresh equity investments.

Net inflows in these funds were Rs 1.7 trillion in FY18, Rs 703.7 billion in FY17, Rs 740.2 billion in FY16, and Rs 710.3 billion in FY15. However, they had witnessed a net outflow of Rs 92.7 billion in FY14.

To know what's moving the Indian stock markets today, check out the most recent�share market updates here.



This article (Sensex Opens Over 500 Points Higher; Metal and Banking Stocks Rally) 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.




gh

J.B.CHEMICALS at All Time High; BSE HEALTHCARE Index Up 1.3%

Posted by Equitymaster
      

J.B.CHEMICALS share price has hit an all-time high at Rs 635 (up 4.2%).

Meanwhile, the BSE HEALTHCARE Index is at 15,318 (up 1.3%).

Among the top gainers in the BSE HEALTHCARE Index today are J.B.CHEMICALS (up 4.2%) and ABBOTT INDIA (up 0.3%).

CADILA HEALTHCARE and DISHMAN CARBOGEN AMCIS LTD (down 0.1%) are among the top losers today.

Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 635, registering a gain of Rs 304 (up 91.7%).

The BSE HEALTHCARE has moved up from 14,034 to 15,318, registering a gain of 1,284 points (up 8.7%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 145.2%), J.B.CHEMICALS (up 91.7%) and IPCA LABS (up 62.9%).

One Stock Crorepati: The Biggest Money-Making Opportunity Available Right Now

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.4%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 4.3%), HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.9%). Other gainers include ICICI BANK (up 2.8%) and BAJAJ FINANCE (up 2.4%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.3%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 3.9%), INDIABULLS HOU. FIN. (up 3.6%) and INDUSIND BANK (up 3.6%). Other gainers include HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.8%).

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of -6,188 points (up -16.7%).

J.B.CHEMICALS Financial Update...

J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.

For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 3.3% to Rs 14 billion during FY18.

The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.4x.

This article (J.B.CHEMICALS at All Time High; BSE HEALTHCARE Index Up 1.3%) 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.




gh

Indian Indices Trade Higher; Reliance Industries & ICICI Bank Top Gainers

Posted by Equitymaster
      

Share markets in India are presently trading on a positive note. Benchmark indices advanced today tracking firm global cues.

Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.

Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.

The BSE Sensex is trading up by 524 points while the NSE Nifty is trading up by 146 points.

The BSE Mid Cap index and the BSE Small Cap index are trading up by 0.9% and 0.7%, respectively.

Sectoral indices are trading mixed with stocks in the energy sector and telecom sector witnessing buying interest, while power stocks are witnessing selling pressure.

The rupee is currently trading at 75.44 against the US$.

Gold prices are currently trading down by 0.1% at Rs 46,134.

--- Advertisement ---
FREE Guide for You: Find the Next Crorepati Stock in this Futuristic Industry

Tanushree Banerjee, the co-head of research, just shared her latest guide:

Find the Next Crorepati Stock in this Futuristic Industry

And she has agreed to make it available for free for a limited time.

If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing...

Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run.

She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit'

We expect this to a huge event... with more than 10,000 people attending it LIVE.

You simply can't miss it.

Click Here to Download the Guide & Block Your Seat Now. It's Free.
------------------------------

Speaking of the current stock market scenario, after a sharp rally in the past few weeks, the markets have turned volatile again.

You would be interested in knowing when the market will likely bottom out.

Vijay Bhambwani, editor of Weekly Cash Alerts, has the answer and he has recorded a video about it.

You can check the same here - This is When the Stock Market Will Bottom Out

Moving on, market participants are tracking Shree Cement share price, TCI Express share price, and SBI Cards and Payment Services share price as these companies are scheduled to announce their March quarter results (Q4FY20) later today.

You can read our recently released Q4FY20 results of other companies here: Ambuja Cement, IndusInd Bank, Axis Bank, Tech Mahindra, Reliance Industries, Marico, Kansai Nerolac, NIIT Technologies, Persistent Systems, SKF India.

In news from the banking sector, public sector banks (PSBs) sanctioned loans worth Rs 5.66 lakh crore for the March-April period to 41.81 lakh accounts, according to the finance ministry.

The borrowers represented the micro small and medium sized enterprises (MSMEs), retail, agriculture and corporate sectors.

Reportedly, PSB loans amounting to Rs 265 billion have been sanctioned in 2.37 lakh cases for MSMEs.

This is part of the PSB initiative to prioritise pre-approved emergency credit lines and enhanced working capital requirements to the sector.

--- Advertisement ---
Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss

Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event.

And with the corona crash, this opportunity has only become even more exciting.

And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run.

So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours.

Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE.

Click here to find out how you can claim your FREE copy
------------------------------

Meanwhile, PSBs sanctioned loans worth Rs 773.8 billion to non-banking financial companies (NBFCs) and housing finance companies (HFCs) between March 1 and May 4.

Including the Reserve Bank of India's (RBI) targeted long term repo operations (TLTRO) window, PSBs extended Rs 1.08 lakh crore of financing to ensure business stability and continuity.

The finance ministry said that the three-month loan moratorium facility announced by the RBI has been availed by 3.2 crore PSB accounts.

On Thursday, Finance Minister Nirmala Sitharaman said that the Indian economy is poised to recover from the recent crisis brought upon by the coronavirus pandemic with PSB sanctioning loans worth Rs 5.66 lakh crore in just two months.

Speaking of the banking sector, the low access to credit for micro small and medium enterprises (MSMEs) tells us there is a huge opportunity for lenders.

This is evident from the chart below:

India's Huge Lending Opportunity

Of the 60 million MSMEs in India, only 11% had access to credit from organised lenders. Most of them are self-financed or get credit from unorganised sources.

Here's what Tanushree Banerjee wrote about this in one of the editions of The 5 Minute WrapUp...

  • Self-financing limits the growth of these MSMEs. On the other hand, high interest rates from unorganised sources makes it difficult for them to earn profits.

    The Modi government is looking at various ways to correct this problem. Mudra loans, online loans facilities are being made available to MSMEs.

    Slowly but surely, lenders are sensing the huge opportunity that lies ahead for this sector.

    Banks and other financial firms with prudent lending practices and strong distribution networks will benefit from this megatrend.

Tanushree is counting on 7 top stocks from the Indian stock market that will benefit from this megatrend.

As per her, now is the right time to buy these stocks to profit from the Rebirth of India. You can read about them here.

Moving on to news from the FMCG sector, shares of Hindustan Unilever (HUL) rose 4% today after institutional investors bought stake in the company via open market on Thursday.

The NSE bulk deal data showed that foreign portfolio investor Societe Generale, a French multinational investment bank and financial services company, bought 129 million shares of HUL at an average price of Rs 1,902.

UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals, yesterday.

According to the term sheet, over 133 million shares were offered in the range of Rs 1,850-1,950 to investors through a special block window.

The deal is valued roughly between Rs 246 billion to Rs 259 billion.

Note that last week, HUL reported a 7% decline in volumes in Q4FY20. The company's profit before tax fell 10.6% to Rs 19.9 billion, while net profit declined 1.2% year-on-year (YoY) to Rs 15.2 billion.

HUL share price is presently trading up by 3%.

To know more about the company, you can HUL's latest result analysis on our website.

And to know what's moving the Indian stock markets today, check out the most recent share market updates here.



This article (Indian Indices Trade Higher; Reliance Industries & ICICI Bank Top Gainers) 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.




gh

Sensex Ends 199 Points Higher; Energy and FMCG Stocks Witness Buying

Posted by Equitymaster
      

Indian share markets ended their trading session on a positive note today.

Benchmark indices edged higher, tracking overnight gains in the US market and positive Asian stock markets.

Further, talks of an economic stimulus for small businesses battered by the coronavirus outbreak improved sentiment.

Reportedly, the government may unveil fiscal stimulus amounting to 0.3% of the country's gross domestic product, focusing on small and medium sized businesses, real estate firms and banks.

At the closing bell, the�BSE Sensex�stood higher by 199 points (up 0.6%) and the�NSE Nifty�closed higher by 52 points (up 0.6%).

SGX Nifty�was trading at 9,260, up by 64 points, at the time of writing.

The BSE Mid Cap�index ended up by 0.1%, while the�BSE Small Cap�index ended the day down by 0.5%.

On the sectoral front, gains were seen in the energy sector and FMCG sector, while power stocks witnessed selling pressure.

Asian stock markets�finished on a strong note as of the most recent closing prices.

The�Hang Seng�was up 1% and the Nikkei was trading higher by 2.6%. The Shanghai Composite was up 0.8%.

European markets were trading on a positive note. The DAX was trading up by 0.8%, while the CAC 40 was trading up by 0.7%.

The rupee was trading at 75.55 to the US$ at the time of writing.

Gold prices�are currently trading up by 0.2% at Rs 46,274.

--- Advertisement ---
FREE Guide for You: Find the Next Crorepati Stock in this Futuristic Industry

Tanushree Banerjee, the co-head of research, just shared her latest guide:

Find the Next Crorepati Stock in this Futuristic Industry

And she has agreed to make it available for free for a limited time.

If you've not claimed your free copy, then do so now. It might not remain free for long. One more thing...

Tanushree has also discovered one stock from this futuristic industry... which she strongly believes has the potential to make one Rs 1 crore or more in the long run.

She'll reveal more details about this stock in her 'One Stock Crorepati MEGA Summit'

We expect this to a huge event... with more than 10,000 people attending it LIVE.

You simply can't miss it.

Click Here to Download the Guide & Block Your Seat Now. It's Free.
------------------------------

Speaking of the current stock market scenario, Indian stock markets have seen a stunning recovery over the last 5 weeks.

From its all-time high levels of 42,274 touched on January 20 this year, the Sensex crashed 39% to a multi-year low at 25,639 on March 23. Later, the index made a rapid recovery till April 30 as it added 4,250 points.

Thereafter, in just two sessions of this month, Sensex lost 7%.

Excluding this week's 7% fall, of all the rebounds after a 35%-40% fall in the market, the current one has been the biggest by a distance.

This is evident from the chart below:

Sensex: From Bear to Bull in 30 Days

While the Sensex has rebounded sharply, there are still many stocks out there that are trading at attractive valuations.

Co-head of research at�Equitymaster, Rahul Shah, believes this is a good time to get into stocks, even if you missed the rally because the market is fairly valued.

History has shown that after years like the one we had just now, the next 3 years are good for the markets. In fact, these corrections are the rare times when you find businesses with solid fundamentals at reasonable valuations.

If you can�find good businesses�that can survive the current crisis, you will do well in the long run.

--- Advertisement ---
Corona Crash Alert: 7 Stocks You Absolutely Don't Want to Miss

Our Co-Head of Research, Tanushree Banerjee, has identified 7 stocks that could do exceedingly well in the coming years riding on a rare economic event.

And with the corona crash, this opportunity has only become even more exciting.

And she says those who get into these 7 stocks right now have the chance to make potentially LIFE-CHANGING returns in the long run.

So will you be among those who acts on this opportunity now? Or will you be among those who will kick yourself later not taking action now? The choice is yours.

Full details on these 7 stocks are included in Tanushree's special report. And by acting fast, you can claim a copy of this report virtually FREE.

Click here to find out how you can claim your FREE copy
------------------------------

Moving on, market participants were tracking�Shree Cement share price,�TCI Express share price, and�SBI Cards and Payment Services share price�as these companies announced their March quarter results (Q4FY20) today.

You can read our recently released Q4FY20 results of other companies here:�Ambuja Cement,�IndusInd Bank,�Axis Bank,�Tech Mahindra,�Reliance Industries,�Marico,�Kansai Nerolac,�NIIT Technologies,�Persistent Systems,�SKF India.

In news from the banking sector, RBL Bank share price was in focus today.

The private lender on Thursday reported a 54% decline in its March quarter net profit to�Rs 1,143 million on the back of higher provisions.

The bank's total provisions trebled on a year-on-year (YoY) basis and stood at�Rs 6.1 billion in Q4FY20. It holds�Rs 1,079.5 million of provisions in excess of what RBI has mandated for covid-19 related moratorium.

The lender logged a 37% YoY growth in its operating profit at Rs 7.7 billion compared to Rs 5.6 billion a year ago.

The bank's total revenue jumped 33% YoY to Rs 15.2 billion from Rs 11.5 billion reported in Q4FY19.

RBL Bank's net interest margin (NIM) stood at 4.93% in the March quarter. Its net interest income (NII) grew 38% YoY to�Rs 10.2 billion in Q4FY20.

The bank's deposits fell 1% to�Rs 578.1 billion in Q4FY20. Current and savings account (Casa) deposits grew 17% and 2% sequentially to�Rs 171.1 billion in the March quarter.

The private lender's advances increased 7% to�Rs 580.2 billion.

For the financial year 2019-20, the bank's total income stood at Rs 55.4 billion, up 39% YoY from Rs 39.8 billion, while its operating profit jumped 42% YoY to Rs 27.5 billion.

To know more, you can read RBL Bank's Q4FY20 result analysis on our website.

Moving on to news from the pharma sector, shares of Dr Reddy's Laboratories rallied 8% today to hit a 52-week high of Rs 4,132, after the company received the Establishment Inspection Report (EIR) from US health regulator for its manufacturing plant at Srikakulam.

In a regulatory filing, the company said it has received EIR from the US Food and Drug Administration (USFDA), for the Active Pharmaceutical Ingredients (API) manufacturing plant at Srikakulam, Andhra Pradesh (CTO VI).

The site was issued warning letter in November 2015 after the inspection in 2014, and was under "Official Action Indicated" classification till now.

Dr Reddy's Laboratories share price ended the day up by 3.8%.

In other news, Laurus Labs share price witnessed selling pressure today. Stock of the company�slipped 10% today after more than 30 million equity shares of the pharmaceutical company changed hands via multiple block deals.

As much as 19.1 million shares were traded on BSE, while on the National Stock Exchange (NSE), about 15.3 million shares changed hands.

Last week, the company had reported its consolidated net profit at Rs 1.1 billion, which more than doubled from Rs 430 million reported in the year-ago quarter.

The company's board also recommended for the sub-division of equity shares of the company from existing face value of Rs 10 each to face value of Rs 2 each, subject to regulatory approvals.

Speaking of the pharma sector, in December 2019, co-head of Research at�Equitymaster, Tanushree Banerjee had predicted that pharma could be the sector to see a�big rebound in 2020.

And rightly so, most�pharma companies�have re-emerged as the safer bets for investors in the ongoing market turmoil. Last month, the Indian rupee touched a new record low of Rs 76.92 against the US dollar. Most�pharma companies�generate their revenues through exports. Hence, a depreciating rupee is a positive development for them.

As per Tanushree, in a�post Covid-19 world, healthcare expenditures globally will see a big rejig.

Tanushree has her eyes on an exciting tech stock. The company in question is developing its medical division. It's focusing on telemedicine, which Tanushree believes will be a huge growth driver in a post Corona world.

Looking at the potential upside in the stock, over a period of five to ten years, Tanushree believes investors could become a�One Stock Crorepati.

To know what's moving the Indian stock markets today, check out the most recent�share market updates here.



This article (Sensex Ends 199 Points Higher; Energy and FMCG Stocks Witness Buying) 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.




gh

Tax-News.com: OECD Personal Tax Burden Crept Higher Still In 2017

Belgium, Denmark, and Germany have the highest personal income tax burdens, at over 35 percent, among OECD countries, according to the latest OECD Taxing Wages report, which says that just over half of countries made small increases to their average personal tax rates last year.




gh

Share Market Update: Sensex ends 199 points higher, Nifty at 9,251; HUL, Sun Pharma, Dr Reddy top gainers

Sensex, Nifty Live News Today: SBI Cards and Payment Services, Adani Gas, Shree Cement, Procter & Gamble Hygiene & Health Care, Reliance Power, Reliance Infrastructure, Reliance Home Finance, Reliance Capital among others will be reporting their March quarterly results today




gh

Fighting COVID-19 with facts not fear: How India can get back to work after coronavirus lockdown

Under complete lockdown less than a quarter of India's $2.8 trillion economy is functional. We are expected to lose over Rs 32,000 crore ($4.5 billion) every day during the lockdown




gh

BT Insight: Where 6 Franklin Templeton funds got stuck; recovery tougher

Franklin Templeton Debt crisis: FT investors can hope to get better realisation of their locked investment if the market sentiment improves




gh

BT Insight: 8 money lessons from coronavirus lockdown

Lack of emergency funds will force you to either go for distress selling of your investments or high-cost borrowing, which will jeopardise all your future goals. One should ideally have an emergency fund which can take care of at least 6 months of expenses




gh

Knox Bought G-string and Sollecito Fantasized Hot Sex - Day After Meredith was Killed

The day after British student Meredith Kercher was killed, her housemate Amanda Knox and the latter's Italian boyfriendRaffaele Sollecitowere spotted




gh

Mobile Medical Apps with High Rating Not Always Accurate: Health Warning

A high 'star rating' for a mobile medical app doesn't necessarily reflect medical accuracy or value, observe Johns Hopkins researchers. The research




gh

High Incidence of Stroke in Dengue Affected Patients

Individuals with dengue fever are at a higher risk of being affected with stroke, especially during the first 2 months following infection, finds a study




gh

Mosquito Bites Might Be Prevented Using Graphene-Lined Clothing

Mosquito bites now could be prevented using clothes made up of the nanomaterial graphene, which is also a material actively used is a lot of products from solar cells to tennis rackets.




gh

Parkinson's Patients can Overcome Negative Thoughts and Fight Depression

Highlights: Cognitive behavioral therapy helps Parkinson's patients overcome negative thoughts About 50% of P




gh

Fat Thighs: A Sign of Having a Healthy Heart

Highlights: Thigh circumference can be a marker of a healthier heart among overweight and obese people Havi