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Dominant Novak Djokovic rolls on, Americans savour banner day at Australian Open

January 23, 2023 by www.moneycontrol.com

Novak Djokovic Novak Djokovic’s bid for a 10th Australian Open crown shifted up a gear on Monday as he raced into the quarter-finals with a centre court masterclass and left his hamstring troubles behind. A year after being deported from the country on the eve of the Grand Slam, Djokovic sent the last Australian packing with a 6-2 6-1 6-2 demolition of Alex de Minaur at a floodlit Rod Laver Arena. The Serbian great set up a quarter-final against Russian fifth seed Andrey Rublev and was thrilled to report the hamstring strain on his left leg was no longer bothering him. ”I cannot say I’m sorry that you haven’t watched a longer match,” Djokovic joked to the crowd. ”I really wanted to win in straight sets. Read More ”Tonight it wasn’t obvious that I was dealing with an injury, I didn’t feel anything today, so today was great.” With young gun Ben Shelton winning a five-set battle against compatriot J.J. Wolf, and Sebastian Korda advancing on Sunday, Tommy … [Read more...] about Dominant Novak Djokovic rolls on, Americans savour banner day at Australian Open

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Institute a mechanism to deal with sexual harassment cases in sports

January 24, 2023 by www.moneycontrol.com

Wrestlers Bajrang Punia, Anshu Malik, Vinesh Phogat and Sakshi Malik at Jantar Mantar in Delhi on January 19. (Source: AFP) Winner by fall. That would sound good in a wrestling competition. Sadly, fans of Indian sport are bracing themselves to see the fall of either the Wrestling Federation of India President Brij Bhushan Sharan Singh or an elite grappler Vinesh Phogat. She made sexual harassment charges against him when staging a protest along with fellow wrestlers at the Jantar Mantar. The image of Indian sport, not just wrestling, has taken a beating. And everyone who cares for sport in the country will agree that things should never have come to such a pass. India is now left with an either-or situation and with nobody coming out of this sordid episode smelling of roses. To be sure, sport must be played in a psychologically safe environment, and it is imperative that it is not just elite sport that gets the attention. While the elite athletes in national camps may have … [Read more...] about Institute a mechanism to deal with sexual harassment cases in sports

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WTC Final | India vs New Zealand: A quick guide to bring you up to speed

June 18, 2021 by www.moneycontrol.com

New Zealand's Kane Williamson (right) and Indian skipper Virat Kohli (File image: Reuters/Martin Hunter) India will take on New Zealand in the ICC World Test Championship Final starting on June 18 at the Rose Bowl stadium in Southampton, United Kingdom. The finale is the culmination of the two-year-long inaugural Test championship organised by the International Cricket Council (ICC). WTC was launched to try and add context to Test cricket. Team India and the Kiwis will be fighting it out over the weekend to lift the first-ever Test championship title – along with $1.6 million in prize money and the iconic Test Mace. The losing team will get $800,000 for finishing second in the nine-team competition. The two sides will split the total prize money of $2.4 million in the event of a draw. LIVE Updates: WTC Final - IND vs NZ: Check ball-by-ball updates, full scorecard here Read More The teams’ journey so far The Indian team defeated West Indies 2-0 … [Read more...] about WTC Final | India vs New Zealand: A quick guide to bring you up to speed

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Tokyo Olympics |Indian men’s hockey team wins bronze medal; here are the highlights of the match

August 5, 2021 by www.moneycontrol.com

India players celebrate a goal by Hardik Singh, center, during the men's field hockey bronze medal match against Germany at the 2020 Summer Olympics in Tokyo, Japan. (AP Photo/John Locher) The Indian men's hockey beat Germany 5-4 on August 5 at the Tokyo Olympics, in a nine-goal thrilling game. This is India's first Olympic hockey medal since winning the gold at the 1980 Summer Games in Moscow. Simranjeet Singh scored two goals, while Hardik Singh, Harmanpreet Singh, and Rupinder Pal Singh scored one goal each. Catch LIVE Updates of the Tokyo Olympic here Here are some more highlights from the match: Read More > Four goals were made by both teams in the second quarter. >India was down 1-3 in the second quarter but took the score at half-time to 3-3 after goals by Hardik Singh and Harmanpreet Singh. > Rupinder Pal Singh secured a penalty stroke and Simranjeet Singh scored his second of the match not long into the second half. … [Read more...] about Tokyo Olympics |Indian men’s hockey team wins bronze medal; here are the highlights of the match

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Gold Prices Today: Recession fears, weak dollar to support precious metal as investors eye US GDP data

January 23, 2023 by www.moneycontrol.com

Gold, Gold prices Gold was trading higher in India on January 22 morning, mirroring gains in the international market as a softer dollar and prospects of slower interest rate hikes by the US Federal Reserve boosted bullion's appeal. At 10.01 am, gold was trading 0.11 percent higher on the Multi Commodity Exchange (MCX) at Rs 56,722 for 10 grams, while silver was up 0.59 percent at Rs 68,953 a kilogram. Spot gold was up 0.3 percent at $1,932.12 a troy ounce at 0255 GMT. US gold futures, too, were up 0.3 percent at $1,934.70. Track Live Gold Prices Here Ravindra V Rao, CMT, EPAT, VP-Head Commodity Research, Kotak Securities Read More Comex gold prices rose for the fifth week in a row to a fresh nine-month high of $1,939 in the week gone by, as a softer dollar, poor corporate earnings and layoffs raised concerns of a recession. The yellow metal has been witnessing a one-sided rally since early November, after touching a 28-month low of $1,618, on … [Read more...] about Gold Prices Today: Recession fears, weak dollar to support precious metal as investors eye US GDP data

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Oil rebounds as China demand recovery optimism supports prices

January 25, 2023 by www.moneycontrol.com

Oil Crude oil prices rebounded on Wednesday as demand recovery hopes in top importer China following its exit from COVID-19 pandemic curbs provided support after prices dropped in the previous session on concerns about global economic growth. Brent crude futures gained 59 cents, or 0.7%, to $86.72 per barrel by 0214 GMT after falling 2.3% in the previous session. U.S. West Texas Intermediate (WTI) crude futures rose 46 cents, or 0.6%, to $80.59 per barrel, having dropped 1.8% on Tuesday. The economic worries were exacerbated by a bigger-than-expected build in U.S. oil inventories that was reported after the market settled on Tuesday. U.S. crude stocks rose by about 3.4 million barrels in the week ended Jan. 20, according to market sources citing American Petroleum Institute figures on Tuesday. That was triple the build of about 1 million forecast in a preliminary Reuters poll on Monday. "But the build is expected to be temporary as the supply disruptions from a cold … [Read more...] about Oil rebounds as China demand recovery optimism supports prices

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Budget 2023: Congress seeks discussion on China in Budget session of Parliament

January 27, 2023 by www.moneycontrol.com

(Representative image: PTI) The Congress on Friday took serious note of a research paper presented at the DGP-IGP annual conference, alleging that it has exposed the government's "weak-kneed approach" towards China and demanded a discussion on the issue in the Budget session of Parliament. Congress spokesperson Pawan Khera asked Prime Minister Narendra Modi to spell out if he is still "afraid" of China or still "loves" the country. Addressing a press conference, he said PM Modi's clean chit to China has been shredded into pieces by a Police Meet security paper, alleging that the Modi government's "continued denial" of Chinese illegal occupation and construction of infrastructure has emboldened China and compromised India's national security. "The DGP-IGPs conference exposes the Modi government's 'weak-kneed approach towards China," he alleged, noting that the recent three-day conference attended by PM Modi, Home Minister Amit Shah and National Security Advisor Ajit Doval … [Read more...] about Budget 2023: Congress seeks discussion on China in Budget session of Parliament

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Budget 2023-24: US pharma industry seeks R&D policy for India’s pharmaceutical sector

January 28, 2023 by www.moneycontrol.com

Ahead of the Union Budget 2023-24, the US pharma industry has said that India should come out with a research and development policy for its pharmaceutical sector. Union Finance Minister Nirmala Sitharaman is scheduled to table the Union Budget for the financial year 2023-24 before parliament on February 1. “It is time that the government of India comes out with a research and development policy for the pharmaceutical sector,” Karun Rishi, president of USA-India Chamber of Commerce (USAIC) told PTI. Based out of Boston, the USAIC for the last 16 years has been organising the India-US health care summit which is attended by the who’s who of the pharma sector from both India and the United States. “In the BioPharma sector, the budget should aim to move up the value chain driven by research and development. Right policy push can provide India the fuel to become the R&D hub of the world,” Rishi said in response to a question. Read More For national security … [Read more...] about Budget 2023-24: US pharma industry seeks R&D policy for India’s pharmaceutical sector

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Union Budget 2023: US industry urges FM to rationalise, simplify direct and indirect taxes in India

January 28, 2023 by www.moneycontrol.com

Finance Minister Nirmala Sitharaman will present Budget 2023 on February 1. Ahead of the annual budget presentation, an India-centric top US strategic and business advocacy group has urged Union Finance Minister Nirmala Sitharaman to simplify and rationalise direct and indirect taxation system in India, a move it believes would increase the confidence of global investors and yield greater foreign direct investment. Direct taxes can be in the form of income tax, capital gains tax or securities transaction tax, while indirect taxes such as GST, Customs Duty or VAT are levied on all end-consumers to buy any goods or services. "Rationalise corporate tax rates for foreign companies," said the US-India Strategic and Partnership Forum (USISPF) in its submission to the finance ministry ahead of the annual budget presentations on February 1. It said that the rate for foreign companies, including banks be reduced to bring parity and sought to rationalise tax for new manufacturing … [Read more...] about Union Budget 2023: US industry urges FM to rationalise, simplify direct and indirect taxes in India

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Situation along eastern border with China stable but unpredictable as boundary undefined: GOC-in-C

January 27, 2023 by www.moneycontrol.com

(Representative Image) The situation along the eastern border with China is "stable" but "unpredictable" due to the absence of delineation of boundaries, said General Officer Commanding-in-Chief (GOC-in-C) of the Eastern Command, Lt Gen R P Kalita. The Eastern Command takes care of the LAC in the Arunachal Pradesh and Sikkim sectors. Lt Gen Kalita also stated that the Army is constantly monitoring the activities across the border and is well prepared to meet any emerging challenges. "The whole problem stems from the fact that the border between India and China is not clearly defined. There are different perceptions about the Line of Actual Control (LAC), which lead to problems. "However, let me assure you that the situation in the eastern border in Sikkim and Arunachal Pradesh is stable but unpredictable due to the absence of delineation of borders," he told a Meet the Press programme at the Press Club, Kolkata. Read More There has been a fresh spike in … [Read more...] about Situation along eastern border with China stable but unpredictable as boundary undefined: GOC-in-C

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