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MI Seals The Deal Against SRH By 13 Runs

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MI II SRH II News Aur Chai

With Chennai witnessing back-to-back dry matches, MI vs SRH would be the fifth match. The pitch, being a bowler’s bliss, was expected to be a low-scorer like the others. However, MI becomes the first team to elect to bat this season. Warner-led SRH and Sharma-led MI go head-to-head, with MI taking the win home. SRH, already underconfident from the previous match, made sudden and unexpected changes in their order. MI took all possible advantage of that and took the top-order wickets to build pressure on SRH and later win the match by 13 runs.

The match opens with Rohit and de Kock batting, auctioning a straight drive four by de Kock to Bhuvneshwar. The first over marks a pretty dynamic entry into the game, with 2 boundaries and one appeal, for which SRH didn’t take the review. Mumbai witnesses its first six in the 3rd over, Rohit Sharma sweeping in deep mid-wicket. Both de Kock and Rohit keep hitting and, Rohit gets his 4000 IPL runs. The over powerplay ends with the 6th overseeing singles and doubles with the 50-run partnership for Rohit and de Kock.

Quite soon, Rohit flies a catch in the air at deep mid-wicket for Virat Singh. Vijay Shankar takes the much-needed wicket for SRH at 55/1. Surya Kumar Yadav replaces and begins his game with a 4 running towards long-off, benefitting from a misfield. De Kock sweeps a boundary to Rashid flamboyantly past the short fine leg to the boundary.

Spirit prevailed till Shankar bowls one on the mid, taking SKY’s catch with ease. 71/2, 8.3 overs. Ishan Kishan joins de Kock on the field. The next 3-4 overs observe barely one boundary. In the 14th over, Suchith takes de Kock long-on. The want for fence costs de Kock his wicket. Mujeeb gets one in his pocket, giving 40 runs to the team, leaving MI at 98 for a loss of 3. Pollard replaces de Kock. The rest of the 15th over drags with blocking and getting singles but getting the team 100.

However, Pollard smashes a 105 m long maximum right in the long-on. Soon followed, Bairstow takes a catch in his gloves. Kishan goes into the dressing room, giving only 12 runs in the 20 balls he played. 114/4 with Bhuvneshwar taking his first wicket. Hardik Pandya takes the strike. In the 19th over, V Shankar drops Pollard but right after, Virat Singh takes Hardik at the covers. 132/5, and Krunal Pandya takes the strike. Slot balls at death repeatedly give Pollard 2 sixes to end the game, changing the game and bringing the 150 MI wanted to set up a good standard score.

The first innings give MI a total of 150, ending at a loss of 5. With not many appreciably huge individual scores, Mumbai moves forwards to bowl.

Another low-score thrill chase begins with Bairstow and Warner opening the innings for SRH. Boult swings the first ball into the stumps. With opportunities of catching Bairstow off-guard, Sharma takes the review but, the DRS said otherwise. With Bairstow on the ground, SRH looks at 50 in the 5th over itself. A hilarious moment in the game was the dive wanted by Boult in the 5th over on Warner’s four.

Bairstow bats with no bars, and for a while, it seemed like SRH was the only one in the game. Bumrah bowls at a slow pace to oust Bairstow and almost thought he was to go but alas! No fielder reaches till the land the ball was to fall on.

The powerplay ends with 57 runs with no loss.

Bairstow’s wicket was much desired, and it was at his own cost that he gave it to MI. Hit Wicket, the first one the league spectates this season. He tried for a sweep at fine leg but, dumps his foot into the stumps. Manish Pandey replaces the hard hitter, but woes goodbye in the next over itself. Rahul Chahar gets him and, Pollard catches it at long-off. The last match saw Pandey’s dismissal in the same way. With barely any addition to the 67 when Bairstow left, Manish Pandey goes back to the dressing room.

Virat Singh, the debutant, enters and takes the strike. Warner, the captain, tries to cover up for the pressure by Bairstow’s wicket with a six, but MI keeps looking for run-outs while Warner and Virat exchange quick singles. Finally, Hardik Pandya hits directly at the wicket from a distance of 15 m. Disappointed, Warner leaves the field with 90 on the team’s board.

Vijay Shankar, the two-wicket holder, joins Singh on the field. With not much progress but a 100 for SRH, R Chahar takes Virat Singh. SKY limits his ball from reaching skies and takes the catch at long-off. Abhishek Sharma enters and tries to hit a few for the team but gives the catch to Adam Milne at deep square leg right on his second shot. Chahar gets his 3 wicket haul with Abhishek’s dismissal.

Vijay tries to cover up in spinner Krunal’s over with 2 sixes at deep mid-wicket but the entire team signs off in a line. Samad on another of Hardik’s direct hit, Rashid LBW on Boult’s yorker, Shankar on Bumrah’s delivery, and Surya Kumar’s catch, with Bhuvneshwar and Khaleel, clean bowled by Boult. The last 2 overs onlook SRH’s bowlers, trying to defend the ball at the least.

Kieron Pollard, the man who ended his team’s innings with 2 maximums, is awarded player of the match. Chepauk eyes another sluggish game with more dots, singles, and doubles than the electric shower of sixes and fours with MI steering towards victory.

I am a versatile First Year Media Student full of enthusiasm and spirit trying to explore her options out in the vast horizon of Media. Being a lover of books, I love penning my thoughts down and count reading as a hobby that has stayed with me since forever. I find myself interested in art journaling and swing along to the strings of a guitar. Apart from that, I'm just another clown finding solace in the picture-imperfect world around me.

India

Ram Mandir Opening For “Darshan” In 2023

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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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Business

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

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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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World

Escalation Of COVID-19 Cases Across The Globe

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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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