Neeraj claims historic javelin throw gold at CWG

Agencies
April 14, 2018

Gold Coast, Apr 14: Neeraj Chopra today became the first Indian javelin thrower to claim a gold medal at the Commonwealth Games, pulling off a season's best effort of 86.47m in the final here.

The 20-year-old former junior world champion had made the final after achieving the qualifying mark in his very first throw yesterday and today again, he was leaps ahead of the field with his very first throw.

"It is a very important medal for me, I wanted to touch my personal best but I missed it by a centimetre. In my desperation for that, I tried so hard that I tumbled over in my last two attempts. But I am very happy and I have lot of competitions this year to achieve the personal best," Neeraj said after his triumph.

Neeraj was the favourite for gold here after his 85.94m throw during the Federation Cup National Championships last month and he achieved India's first gold in athletics in this edition of the Games.

The CWG field had been depleted after Olympics and world silver-medallist Julius Yego of Kenya failed to qualify for final round, while 2012 Olympic champion and Rio Games bronze-winner Keshorn Walcott opted out of the Games.

Neeraj thus became only the second javelin thrower to claim a CWG medal -- the first being Kashinath Naik, who fetched a bronze in the 2010 Delhi Games.

"The competition was very good here, the world champion was here but he could not qualify. It was still quite tough but I was very sure of myself," Neeraj said.

Overall, Neeraj's medal is only the fifth track-and-field gold for India in the quadrennial event -- the other four being sprinter Milkha Singh (1958), discus thrower Krishna Poonia (2010), the women's 4x400m relay quartet of Manjeet Kaur, Sini Jose, Ashwini Akkunji and Mandeep Kaur(2010) and shot-putter Vikas Gowda (2014).

Neeraj, a gold-medallist at the Asian Championships, simply destroyed the competition with his very first attempt today which was 85.50m.

None in the field could surpass that till the very end and it was left to Neeraj to up the ante, which he did with a season's best 86.47m in his fourth attempt. He consistently crossed the 82m mark in the final, fouling two attempts in all.

"It makes a lot of difference when you manage to get a first throw like that. It builds pressure on others. As for me, I was not under any pressure or nerves, I was well-prepared," he said.

The fun-loving youngster laughed when asked how he would celebrate the momentous occasion but did speak about the importance of letting one's hair down once in a while to escape stress.

"One shouldn't be too serious in life, it's good to be disciplined but you should not overdo food restrictions. A bit of enjoyment always works. One should have faith that their training is good enough. It's not healthy to just lock yourself in a room before a big competition," he advised.

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News Network
January 21,2020

Jan 21: Indian policymakers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home.

Investors are speculating about potential steps Finance Minister Nirmala Sitharaman could unveil when she presents the nation’s budget on Feb. 1. These measures may include freeing up firms to borrow at higher rates and offering tax breaks to global funds.

“The government will need to relax local rules to make it easier for Indian companies to raise debt overseas and tide over the funding crunch in the onshore market,” said Raj Kothari, London-based head of trading at Jay Capital Ltd. “At the same time, they need to ensure that the borrowers tapping offshore markets abide with stricter corporate governance so as to avoid further defaults.”

A prolonged crisis in India’s shadow bank sector and a pile of bad loans at traditional lenders is making it expensive for Indian companies, other than the best-rated firms, to access funding. The government has tried a series of measures to spur domestic credit, including providing so-called credit enhancement and allowing tiny firms to restructure debt.

Here are some steps Sitharaman may consider to spur foreign borrowing:

• She could raise the cap of 450 basis points above Libor, which limits overall foreign debt costs for Indian companies

• This could help lower-rated firms sell bonds abroad. Indian companies rated BBB currently borrow at more than 10%, about 3.8 percentage points more than their top-rated peers;

• Sitharaman could waive the withholding tax foreign investors need to pay on holdings of rupee-denominated debt sold by Indian companies abroad

• The waiver was offered between September 2018 to March 2019, but wasn’t extended as the highest global interest rates since the financial crisis deterred Indian borrowers. Since then, the three-month Libor has dropped by about 1 percentage point

• She could permit Indian property developers and housing finance lenders to sell overseas bonds for reasons beyond affordable housing projects

• New funding lines to the real estate sector, arguably ground zero of India’s economic slowdown, could help kickstart consumption and investment as the industry is the nation’s biggest job-creator.

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News Network
March 21,2020

Beijing, Mar 21: China reported no domestically transmitted coronavirus cases for the third consecutive day even as seven more fatalities have been confirmed, taking the death toll in the country to 3255.

No new domestically transmitted cases of COVID-19 were reported on the Chinese mainland for the third day in a row on Friday, China's National Health Commission (NHC) said on Saturday.

The overall confirmed cases on the mainland had reached 81,008 by the end of Friday, which included 3,255 who died, 6,013 patients still undergoing treatment, 71,740 patients who had been discharged after recovery, the NHC said.

The NHC said 41 new confirmed COVID-19 cases were reported on the Chinese mainland on Friday from the people arriving from abroad, taking the total number of imported cases to 269.

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Agencies
February 5,2020

Hamilton, Feb 5: Talented Shreyas Iyer hit his maiden century while KL Rahul and skipper Virat Kohli carried on their fine form as India dished out a clinical batting effort to post 347 for four against New Zealand in the first ODI here on Wednesday.

Iyer showed why he is considered as the next big thing in Indian cricket, scoring 103 off 107 balls, his first ODI ton. Besides, Rahul continued his purple patch, smashing unbeaten 88 off 64 balls while Kohli made 51 off 63 deliveries.

Iyer's knock was laced with 11 fours and a six and together with Rahul shared 136 runs for the fourth wicket as India scored 96 runs in the last 10 overs after being sent into bat.

This was after Tom Blundell featured his maiden ODI for the Black Caps, while India gave debuts to two openers -- Prithvi Shaw and Mayank Agarwal.

It was the fourth such instance in Indian history with Rahul-Karun Nair being the last such pair in 2016 against Zimbabwe.

Shaw and Agarwal got the innings off to quick start, adding 50 off 48 balls for the opening stand.

But both Shaw and Agarwal fell in the space of five balls as India were reduced to 54 for 2.

Shaw was the first to go, nicking behind a Colin de Grandhomme (1/41) delivery, while Agarwal was caught at point by Blundell off Southee (2/85).

It brought Kohli and Iyer together, and they dominated the middle overs with a 102-run stand for the third wicket. They manoeuvred the field well and kept the scorecard ticking as India crossed 150 in the 28th over.

Kohli fell against the run of play as a wrong one from Ish Sodhi (1/27) got through his defence to clip the leg stump.

Rahul though didn't let the innings lose any momentum as he smacked six sixes along with three fours.

But the day belonged to Iyer, who, despite a scratchy start, had crossed 50 off 66 balls. Once he passed the 50-run mark, the stylish right-hander batted fluently to notch up his first century in 16 ODIs.

The centurion fell shortly afterwards, caught off Southee even as Rahul took control.

He reached his half-century off 41 balls as India eased past 300 in the 47th over.

Rahul's carnage meant that New Zealand conceded 191 runs in the last 20 overs. Kedar Jadhav remained unbeaten on 26 off 15 balls, stitching 55 off 27 balls with Rahul.

Brief Scores:

India: 347 for 4 in 50 overs (Shreyas Iyer 103, KL Rahul 88 not out, Virat Kohli 51; Tim Southee 2/85).

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