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Showing posts from October, 2018

Record breaker centurion Kohli steals the show yet again

A record-shattering Virat Kohli became the quickest to reach 10,000 ODI runs on his way to slamming yet another century as India notched up a competitive 321 for six in the second match against the West Indies here Wednesday. Kohli fired 157 off 129 balls, while Ambati Rayudu, who is seen as the answer to the team's persistent problems at the number four slot by none other than the Indian captain himself, made a fluent 73 off 80 deliveries. Kohli hit 13 boundaries and four sixes. During their stay in the middle, the two were involved in a partnership of 139 runs in 142 balls for the third wicket at the Dr YSR ACA-VDCA Cricket Stadium, set amidst picturesque hills. While he acknowledged the fans' applause by raising his bat after reaching the 10k landmark, the crowd was on its feet again when Kohli creamed Marlon Samuels to the cover boundary to bring up his century, his 37th in this format. Kohli pulled, cut, flicked and drove in the manner he does best be

GST Consuming States look better off

The Goods and Services Tax (GST) has completed one year and a quarter and has thrown up some indicators to make assessment of the new system. The GST in India is unique in the sense that a lot of compromises have to be made to make it implementable in a federal country where the fiscal powers between the Centre and States are well defined. Experts had many reservations on GST. It was believed that introduction GST would escalate the prices of commodities, at least in the first year of its implementation. Multiple tax rates would complicate the compliance. Manufacturing States were of the view that they would lose revenue due to the destination principle in which tax goes to the State where the goods or services are consumed rather than where those are produced. A little more than a year’s experience has proved the contrary. First, GST did not result in inflation. The tax rates of goods and services under GST are fixed taking into account pre-GST incidence of taxes. For exa

Saudi Arabia to Supply Oil to India in Nov

Saudi Arabia , the world’s biggest oil exporter, will supply Indian buyers with an additional 4 million barrels of crude oil in November, several sources familiar with the matter said on Wednesday. The extra cargoes indicate a willingness by Saudi Arabia to increase crude supply to make up the shortfall once sanctions by the United States on oil exports from Iran, the third-largest producer in the Organisation of the Petroleum Exporting Countries (OPEC), start up on Nov. 4. India is Iran’s top oil client after China, though several refiners have indicated they will stop taking Iranian barrels because of the sanctions. Reliance Industries Ltd Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemicals Ltd are seeking an additional 1 million barrels each in November from Saudi Arabia, the sources said. Three of the companies did not immediately reply to an email from Reuters seeking comment. MRPL replied “no comments” when contacted by email.

Congress Doing Vote Bank Politics: Modi

Accusing the Congress of working for only one family, Prime Minister Narendra Modi on Saturday attacked the party alleging that it was doing vote bank politics and kept spreading lies. Addressing a public meeting here, the Prime Minister also hit out at the Congress for questioning the surgical strike that demonstrated the valour of the Indian armed forces. "The BJP believes in presenting the report card of the works its government has done, whether its Rajasthan or Madhya Pradesh or Chhattisagrh . "The BJP never hides its face while giving the report card to the people. But the Congress keeps on spreading lies," he said. The Prime Minister said that the Bharatiya Janata Party  does not have a habit of lying as it works on the mantra of 'Sarva Jan Hitay' and 'Sarva Jan Sukhay'. "But the opposition is fond of doing vote bank politics, and those who do vote bank politics, they enjoy the issue of Hindu-Muslim, older-youth, forward