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How IPL got suspended, And What Is Next For BCCI?



IPL II BCCI II News Aur Chai

The Indian Premier League (IPL) 2021 season came to a grinding halt on Tuesday, as the Board of Control for Cricket in India (BCCI), announced the temporary suspension of the league amid a spike in Covid-19 cases inside their bio-bubbles.

The BCCI released a statement a day after reports stated a breach in multiple bio-bubbles. On Monday, the media reported that Sandeep Warrier and Varun Chakravarthy from the Kolkata Knight Riders tested positive for the virus. Following this, their match against the Royal Challengers Bangalore, scheduled for the day, was indefinitely postponed.

In the following hours, the situation grew ominous after Chennai Super Kings (CSK) bowling coach Lakshmipathy Balaji also tested positive for Covid-19. The number of cases increased the next day as Delhi Capitals (DC) Amit Mishra and Sunrisers Hyderabad (SRH) Wriddhiman Saha tested positive.

The Standard Operating Procedures (SOP) lodged by the BCCI require those who have contacted an infected person to undergo a strict quarantine period and return three negative RT-PCR tests during the time frame. The teams affected – based in Ahmedabad and Delhi – went into week-long isolation following the positive infections.

The suspension seemed inevitable on Tuesday morning as fear of contracting the virus was rife amongst players and support staff. It was later reported that Covid-19 also infected several ground-staff in Delhi, where the dearth of medical resources has rendered thousands of people helpless and gasping for breath.

The BCCI, in its press release, said that the BCCI did not want to “compromise” the safety of the players, support staff and others involved in the tournament. “These are difficult times, especially in India and while we have tried to bring in some positivity and cheer, however, it is imperative that the tournament is now suspended and everyone goes back to their families and loved ones in these trying times”, the statement said.

The BCCI added that it would do everything in its capacity to ensure the safe return of all participant and thanked the “…healthcare workers, state associations, players, support staff, franchises, sponsors, partners and all the service providers who have tried their best to organise IPL 2021 even in these extremely difficult times.”

Restart Window

The IPL is unlikely to restart in the coming months as India faces the grisly second wave of Covid-19. On Monday, a report by ESPNCricinfo highlighted the possibilities of shifting the remaining season to Mumbai. The rationale was the city had seen a steady decline in positive Covid-19 cases earlier this week. However, the report stated that the BCCI would face a significant challenge in setting up new bio-bubbles and finding hotels for teams involved.

With the situation unlikely to improve imminently, September might emerge as a possible window to resume the league, two months before the commencement of the T20 World Cup. India hosts New Zealand before the World Cup, and the gap of 4 months would offer substantial time for the BCCI to strategise their modus operandi. However, travel restrictions on travelling from India may still prove to be insurmountable even for the BCCI.

The Immediate Challenge

Given that the BCCI’s immediate responsibility is to ensure a safe return for all the participants and their families to their respective residence, the board and the franchises were also faced with the task of sending their overseas players to their respective nations. Many countries have either imposed or are contemplating a ban on travel from India.

Australia has imposed a ban on travel from India. Most Australian players and staff involved are headed to the Maldives until the travel ban, which runs till May 15, ceases. Once the players return to Australia, they will need to undergo a 14-day quarantine.

New Zealand is still allowing its citizens back, with several New Zealand players and staff who were part of the IPL set to return home, on Friday, via a chartered flight. The New Zealand contingent was split into two groups: return home and the other set to participate in their upcoming series in England and in the T20 blast in June.

8 of the 11 England nationals, part of the IPL squads, returned home on May 5. The players will undergo a strict 10-day quarantine period in Government approved hotels, as per the UK Government’s policy.

Shakib Al Hassan and Mustafizur Rehman were to arrive in Dhaka on Thursday. It was understood that both were put on a chartered flight by their respective franchises.

Most of the 13 South Africans part of the tournament has already returned home, with the remaining set to return on Friday. Most franchises have already confirmed the return of their respective South African players.

The West Indian nationals, including Sunil Narine and Andre Russell, were scheduled to fly on a chartered flight from Delhi to the Caribbean on May 6. As for the rest of the players, the CEO of Cricket West Indies has said that they are communicating with the BCCI, franchises and players’ agents to ensure their quick and safe return.


Hey there, I'm Alric, a third-year media student, and aspiring multimedia journalist. In my spare time, you will probably find me exploring bookstores or taking photographs. Nevertheless, If you see me around, I'm always up for a high-five!!

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Ram Mandir Opening For “Darshan” In 2023



Ram Mandir Opening 2023 | News Aur Chai

The Ram Mandir in Ayodhya is expected to allow visitors by December 2023, with the completion of construction only in 2025.

Sources in the Shri Ram Janmabhoomi Teerth Kshetra have revealed that the colossal project of building the Ram Mandir in Ayodhya, Uttar Pradesh, will be opening for devotees towards the end of 2023. In contrast, the project’s entire construction completion is expected towards the end of 2025. The sanctum sanctorum (Garbha Griha), along with the mandir’s first floor, will be ready by December 2023. Devotees will be allowed to visit the long-awaited mandir soon after the construction is completed.

An ANI report said, “The grand Ram Mandir being constructed in Ayodhya will be opened for devotees from December 2023. Sources told ANI that Garbhagriha, all five mandaps and the first floor will be ready by December 2023 and the mandir will be opened for devotees”.

The sanctum sanctorum will be as high as 161 feet and built using Rajasthani marble and stones. Engineers and architects are taking all measures to ensure the longevity of this enormous project. The second stage of construction is expected to begin in December this year. Currently, the structure is at a standstill as a result of monsoons. Another reason for the delay is the coronavirus pandemic that depleted the force with which the mandir’s construction was expected to go on.

The announcement of the mandir being opened to visitors in 2023 has brought up questions about the political agenda. It is believed that the Bharatiya Janata Party (BJP) aims to use the mandir to catapult themselves into a position of advantage during the 2024 Lok Sabha elections. Opening the mandir to devotees in December 2023 will give the BJP an easy 6-month gap to the general elections in 2024.

The opening of the long-awaited Ram Mandir in Ayodhya could be the factor that diverts the public, at least the Hindu’s in favour of BJP. Thus, securing them a vote bank based on religious sentiments upheld by the party in their previous tenure as the ruling party.

The Ram Janmabhoomi Mandir will be 360 feet long, 235 feet wide, and 20 feet high mandir will be completely ready by the end of 2025. The project will include amenities and structures like museums, archives, research centre, Sant Niwas, gau and Yagya shala, Etc. The main attraction is the Ram Mandir.

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How SEBI’s New Margin Rule Is Affecting Retail Traders?



SEBI Margin Rule | News Aur Chai

Securities and Exchange Board of India has introduced new margin rules for traders. Traders and Brokers are not happy with the new regulations because they will have to invest a large amount of cash in fulfilling margin requirements for trade.

SEBI had introduced the new margin rule in the year 2020 for intraday traders. It is being implemented in a phased manner. Traders were supposed to maintain 25 per cent of the peak margin in the first phase; the margin was raised by 50 per cent in the second phase. In the third phase, as per the new margin rule, intraday traders will have to pay a 100 per cent upfront margin. According to new norms, the margin requirements will be calculated four times during every trading session because the money margin must be greater than the need.

As per the new rule, brokers must collect margin from investors for any purchase or sale, and if they fail to do so, they will have to pay the penalty. Thus, brokers will not receive power of attorney. Brokers cannot use power of attorney for pledging anymore.

Those investors who want to make use of margin will have to create margin pledges separately. As per the new rule, investors will have to pay at least a 30 per cent margin upfront to avail a margin loan. Shares brought today cannot be sold tomorrow. Funds from shares sold today cannot be used for new trades on the same day.

The market experts said that there must be proper adjustments for implementing new rules, or it may create chaos, trouble and disturbance to the market participants. The CEO and founder of Zerodha broking firm, Nithin Kamath tweeted that, “the day when the new rules came into effect was the dreaded day for brokers, exchanges, intraday traders”.

Traders Are Not Happy:

Changes in rules have evoked strong reactions from traders because they will have to invest a large amount of cash in fulfilling margin requirements for trades as per new margin rules. Even the trading in futures and options will become more expensive. Traders are disappointed because they will have to pay up more money to bet in stock markets. As per new margin rules, Traders are also liable for the penalty if the rules are not followed during the trading session. If a trader wants to buy Nifty worth Rs 10 lakh, he will have to pay a 20 per cent margin of around 2 lakh. If the margin of the trader does not meet the need, he will be penalized. Traders will have to pay the minimum amount for opening the Multilateral Trading facility account, and they have to maintain a minor balance at all times.

Why Gas SEBI Introduced A New Margin Rule?

SEBI has introduced new rules to protect retail investors from purchasing difficulty. The intended goal of SEBI behind new margin rules is to bring down the difficult market situation and avoid huge fluctuation in stock markets during extreme stress. The new margin rules are likely to bring transparency to the market; it is expected to strengthen the market’s safety.

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Escalation Of COVID-19 Cases Across The Globe



COVID Case Spike 2021 | News Aur Chai

The United States, India, and Brazil have the most confirmed cases, followed by France, Russia, the United Kingdom, and Turkey. There are very few locations that have remained undisturbed.

Since the middle of last year, confirmed cases have been increasing. Although the actual scope of the first outbreaks in 2020 is unknown because testing was not generally available at the time. The 100 million COVID-19 cases were discovered at the end of January, over a year after it was first diagnosed. As of 6:30 p.m. CEST on July 30, 2021, WHO has received reports of 196,553,009 confirmed cases of COVID-19, with 4,200,412 fatalities. A total of 3,839,816,037 vaccination doses has been delivered as of July 28, 2021.

After reaching a record high of over 0.9 million cases on April 28, 2021, new daily instances of the coronavirus continued to decline, reaching a low point on June 21, when over 0.3 million cases were reported. Since then yet, there has been a global increase in cases. On July 15, 0.53 million daily cases were reported, and over three million new cases were reported in the second week of the month. As of July 15, 188.9 million patients have been recorded worldwide. The transmissive Delta form accounting for most infections in 111 countries. Most instances were recorded in Brazil, India, Indonesia, the United Kingdom, and Colombia in the last week. With the steepest increases in Zimbabwe (72%), Indonesia (44%), the United States (38%), Bangladesh (35%), and the United Kingdom (30%). Many Asian nations, including Vietnam, Malaysia, South Korea, and Japan, have reported many daily cases. However, the spread was under control.

The number of new cases in Indonesia has been on the rise, with each day seeing a significant increase over the previous day. Indonesia is now the new Asian epicentre, with 56,757 cases recorded on July 15; India reported 39,000 patients on the same day. COVID-19 fatalities are high, according to WHO. After decreasing for nine weeks, with the highest increases in Africa and Southeast Asia. COVID-19 fatalities worldwide surpassed four million on July 7. The last million deaths occurred in under 90 days, the lowest time interval for every one million deaths ever recorded.

High vaccination coverage has been shown in the United States and much of Europe to lower fatalities and even hospitalizations. For example, United Kingdom rises in incidence. There has been fewer hospitalizations and deaths over 87% of the adult population, as they are vaccinated with one dose and over 67% with two doses. In the United States, the increase in cases is concentrated in states with low vaccination coverage, with unvaccinated people accounting for most deaths. Over 55% of Americans have received one dosage, and 48% are completely immunized. It shifts the focus back to improving vaccination coverage and achieving global vaccine equality to avoid fatalities and the spread of dangerous strains. Some nations debate a booster dosage. Even though many African countries’ healthcare professionals have not been completely vaccinated, booster injections have begun to be given to patients with weakened immune systems in Israel.

In comparison, booster shots have been ruled out in the United States for the time being. With vaccine shortages reported in many Indian states. Even among the vaccinated, rigorous adherence to COVID-appropriate behaviour is the only option to postpone and mitigate the consequences of a third wave.

This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. But the global numbers continue to grow. The Delta variety leads them to well-vaccinated regions such as Western Europe and the United States, low but rising infections. This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. Vaccine doses have been given to over 4 billion individuals globally (52 for every 100 people), yet the discrepancy is striking. More than 80% of the population had at least one shot in some wealthy nations. In contrast, the proportion is as low as 1% in many of the poorest.

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