SRH expect Mustafizur to join squad on April 7

IPL 2017

SRH expect Mustafizur to join squad on April 7

JAC Gladson • Last updated on Mon, 03 Apr, 2017, 07:16 AM

Mustafizur is not expected to be available for many games this season. © Getty

Slowly but surely, the Sunrisers Hyderabad are hitting their stride. Their training schedule was thrown off gear by a virus that had laid the first batch of players low, including their bowling mentor Muttiah Muralitharan. But they have recovered from that blow and it’s all systems go for the defending champions what with most of their players joining the team on Sunday (April 2).

However, Mustafizur Rahman, their bowling mainstay last season, will miss the opening match of IPL 10 against Royal Challengers Bangalore at the Rajiv Gandhi International Stadium on April 5. The Bangladeshi leftarm seamer, who confounded many batting line-ups to finish fifth in the bowling charts with 17 sticks last season, will join the team on April 7 and is likely to play only a few matches this season.

Coach Tom Moody confirmed the development. “We’re expecting him (Mustafizur) to be here on the 7th. Unless we hear differently from the Bangladesh Cricket Board (BCB), we’ll continue to expect him.

“One of the reasons why we secured both these talents (Ben Laughlin & Chris Jordan) is we knew Mustafizur is going to be available for only small portion of the tournament. We felt it was important to fill that gap and these guys have got excellent skills that enable us to have that option to be able to finish games,” he said.

The SRH coach was also confident that skipper David Warner, who with 848 runs finished No.2 in the batting charts after Virat Kohli (973), would be fresh and raring to go despite the gruelling Test series against India.

“We’ve given him (Warner) an extra couple of days in Sydney to be with his family. We recognise as a franchise that family is important and in also keeping players fresh mentally. He’s sending possible XIs for the games, so he hasn’t switched off. He’s just having a chance to recharge those batteries. Physically he’s absolutely fine. 100% fit and I think the extra couple of days the franchise has allowed him back home with his two young daughters and his wife will pay dividends as the tournament unfolds,” he said.





Review on April 6: Reserve Bank policy panel likely to hold the rates

Bankers and rating agencies expect the retail inflation to rise to 4.5 per cent in March 2017, as the favourable base continues to fade. Bankers and rating agencies expect the retail inflation to rise to 4.5 per cent in March 2017, as the favourable base continues to fade.

The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is likely to keep the repo rate unchanged in the upcoming policy review on April 6 given the shift in focus to bringing the retail inflation to 4 per cent amid liquidity surplus in the banking system. However, bankers are expecting a quasi-government asset management company to address bank asset quality during the policy review — fourth by Urjit Patel as the RBI Governor — or soon afterwards.

The RBI is also likely to come out with steps to strengthen the joint lenders’ forum (JLF) and oversight committee (OC) mechanisms in order to resolve stressed assets of around Rs 14 lakh crore. However, it’s unlikely to change the March 2017 deadline to clean up the balance sheets of banks with higher provisions, as indicated by RBI Deputy Governor SS Mundra earlier this month.

Bankers and rating agencies expect the retail inflation to rise to 4.5 per cent in March 2017, as the favourable base continues to fade, while undershooting the RBI’s projection of 5 per cent for Q4 FY2017 by a wide margin. However, with greater emphasis on bringing inflation in a durable manner to 4 per cent — the mid-point of the consumer inflation band of 2-6 per cent — the MPC is expected to maintain status quo on the repo rate in the April 2017 policy review. The RBI last cut the Repo rate by 25 basis points to 6.25 per cent in October 2016 policy.

Naresh Takkar, Managing Director and Group CEO, ICRA, said: “although the CPI inflation is likely to significantly undershoot the March 2017 target, we do not expect a repo rate cut in the upcoming policy review in April 2017, with the MPC firmly focused on the medium term target of 4 per cent.”

In contrast to the stated stance of maintaining systemic liquidity closer to neutral, the gradual pace of remonetisation after the note ban has led to prolonged liquidity surpluses. “Nevertheless, the central bank is unlikely to increase the CRR to absorb the surplus liquidity, as that would discourage banks from reducing their MCLR, delaying the transmission of past monetary easing. Open market sales of the RBI’s holdings of government securities could be employed as a tool to manage liquidity at this juncture,” Takkar said.

According to Care Ratings, interest rates will be guided largely by the RBI call on the repo rate which we think will be neutral once again with no change expected in the April policy given the tenuous nature of expected food inflation.

“We expect the RBI’s MPC to hold rates on April 6, as it shifted to a neutral from accommodative stance last time. Still, it will likely keep the door open for further easing with growth slowing, benign inflation and the need to attract FPI inflows by supporting growth. Core inflation has actually slipped to 4.2 per cent from 4.8 per cent in October,” said a Bank of America Merrill Lynch report. If El Nino does not hit, the RBI is likely to go for a 25 bps cut on August 2 after paying the special demonetization dividend of Rs 60,000 crore.

A significant revision in the MPC’s CPI inflation outlook for FY2018 is unlikely at this stage. However, growth forecasts for FY2017 and FY2018 may be revisited, from the February 2017 estimates of 6.9 per cent and 7.4 percent, respectively, ICRA said.

On the steps to strengthen the JLF and oversight committee mechanisms in order to resolve stressed assets, RBI Deputy Governor SS Mundra recently said, “I think the discussion is coming around whether we need to provide more strength to the processes and whether the institution of oversight committee can be further enlarged or strengthened and we are also looking at the JLF mechanism.”

The RBI has already indicated that the March 31 balance sheet cleanup deadline will remain unchanged. “It holds very much” and there is no question of banks failing to meet it since since it was being monitored every quarter, Mundra had said.

He said that during meetings with the Finance Ministry, on one occasion 20 top non-performing assets (NPAs) were discussed, while another time 50 top NPAs were discussed. “These are initial phases of discussion… once we reach a definitive stage in that, then all the other things will come including the timeline,” he explained and added that even in the recent past there has been an active engagement between the RBI, the government and all the other stakeholders on stressed assets.

With only around 80 per cent of the demonetised currency likely to be replaced by end-March 2017, the surplus in systemic liquidity is expected to continue. At present, excess liquidity of over Rs 4 lakh crore is entirely being absorbed under the Liquidity Adjustment facility, with the stock of Cash Management Bills issued under the Market Stabilisation Scheme during December 2016-January 2017, having matured by now, analysts said.

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Academy of Country Music Awards 2017: What to expect from the awards show

On Sunday night in Las Vegas, the 52nd Academy of Country Music Awards will debut at their new home, Sin City’s T-Mobile Arena.

While the venue may be new, the hosts aren’t — Luke Bryan and Dierks Bentley are old pros by now. Bryan hosted three times before with Blake Shelton, and this will be his second run with Bentley.

Going into the night, Keith Urban stands to take home the most statuettes, as he’s nominated for seven awards. Miranda Lambert and Maren Morris are close behind, with six nods.

Morris, however, has already come out on top in one of her categories, taking home the previously announced new female vocalist trophy. Jon Pardi and Brothers Osborne head into the night as the new male and new vocal duo or group winners, respectively.

When it comes to presenters, Lauren Alaina, Kane Brown, Kacey Musgraves, “Entertainment Tonight”’s Nancy O’Dell, Jake Owen, Kellie Pickler, Darius Rucker, Miss America Savvy Shields, and NASCAR drivers Elliott Sadler and Bubba Wallace will help reveal the night’s victors.

Just like any other awards show worth its time on TV, the ACMs will be jam-packed with one-of-a-kind performances.

Tim McGraw and Faith Hill will perform “Speak to a Girl” for the first time, while Thomas Rhett will debut his single featuring Maren Morris, “Craving You.” Florida Georgia Line teams up with Backstreet Boys for a medley that’s sure to include their collaboration on “God, Your Mama, and Me.”

Keith Urban and Carrie Underwood will do “The Fighter,” as road buddies Cole Swindell and Dierks Bentley deliver “Flatliner.” Christian artist Lauren Daigle joins Reba McEntire for a new version of “Back to God.”

Jason Aldean, Kelsea Ballerini, Brothers Osborne, Luke Bryan, Lady Antebellum, Sam Hunt, Miranda Lambert, Little Big Town, Jon Pardi, Rascal Flatts, Chris Stapleton, Brett Eldredge and Old Dominion are set to sing as well.

The action starts at 8 p.m. ET, live on CBS.

Here’s the complete list of nominees for the 52nd annual ACM Awards:

Entertainer of the Year

Jason Aldean

Luke Bryan

Florida Georgia Line

Carrie Underwood

Keith Urban

Male Vocalist of the Year

Jason Aldean

Dierks Bentley

Thomas Rhett

Chris Stapleton

Keith Urban

Female Vocalist of the Year

Kelsea Ballerini

Miranda Lambert

Maren Morris

Kacey Musgraves

Carrie Underwood

Vocal Duo of the Year

Big & Rich

Brothers Osborne

Dan + Shay

Florida Georgia Line

Maddie & Tae

Vocal Group of the Year

Eli Young Band

Lady Antebellum

Little Big Town

Old Dominion

Rascal Flatts

Songwriter of the Year

Ashley Gorley

Hillary Lindsey

Luke Laird

Shane McAnally

Lori McKenna

Album of the Year

Black — Dierks Bentley

Dig Your Roots — Florida Georgia Line

Hero — Maren Morris

Ripcord — Keith Urban

The Weight of These Wings — Miranda Lambert


“Blue Ain’t Your Color” — Keith Urban

“H.O.L.Y.” — Florida Georgia Line

“Humble and Kind” — Tim McGraw

“My Church” — Maren Morris

“Vice” — Miranda Lambert

Song of the Year

“Blue Ain’t Your Color” — Keith Urban

“Die a Happy Man” — Thomas Rhett

“Humble and Kind” — Tim McGraw

“Kill a Word” — Eric Church

“Tennessee Whiskey” — Chris Stapleton

“Vice” — Miranda Lambert

Video of the Year

“Fire Away” — Chris Stapleton

“Forever Country” — Artists of Then, Now and Forever

“Humble and Kind”– Tim McGraw

“Peter Pan” — Kelsea Ballerini

“Vice” — Miranda Lambert

Vocal Event

“Different for Girls” — Dierks Bentley featuring Elle King

“Forever Country” — Artists of Then, Now and Forever

“May We All” — Florida Georgia Line featuring Tim McGraw

“Setting the World on Fire” — Kenny Chesney featuring Pink

“Think of You” — Chris Young featuring Cassadeee Pope


Volkswagen emissions scandal: German prosecutors expect rulings this year

A VW sign is seen outside a Volkswagen dealership in London, Britain, November 5, 2015. (REUTERS/Suzanne Plunkett/File photo) A VW sign is seen outside a Volkswagen dealership in London, Britain, November 5, 2015. (REUTERS/Suzanne Plunkett/File photo)

German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen emissions scandal, Automobilwoche magazine reported on Saturday. “We hope to conclude lawsuits…this year,” Klaus Ziehe, spokesman for the Braunschweig state prosecutors office in Lower Saxony state, where Volkswagen is headquartered, was quoted as saying by the magazine. Ziehe said there were four lawsuits with 47 persons indicted, although these included double entries.

Only a handful of people had been targeted in the early stages after the diesel emissions test cheating scandal that has undermined the German car industry’s influence.

And clearing up the scandal will drag on beyond this year, VW’s supervisory board head Hans Dieter Poetsch said in the Sunday newspaper Frankfurter Allgemeine Sonntagszeitung (FAS).

“There will not be a real final stroke for some time to come,” he was quoted as saying in extracts from the FAS story ahead of its publication on Sunday.

Poetsch also told the paper that VW does not intend to publish a report of its own about the investigations alongside statements made by the U.S. authorities, as it would be “unjustifiably risky to add a report of our own right now.”

Volkswagen would also remain quiet on the internal investigations undertaken by U.S. law firm Jones Day it hired, a summary of whose findings was compiled in the form of a “Statement of facts” for the U.S. Department of Justice, as this had been pledged to the U.S. authorities, he said.

Volkswagen filed a legal complaint with a Munich court on Wednesday, seeking to prevent Bavarian state prosecutors from using information seized during searches of Jones Day.

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We don’t expect to use anti-profiteering clause much, says Hasmukh Adhia

Revenue Secretary Hasmukh Adhia. (File Photo) Revenue Secretary Hasmukh Adhia. (File Photo)

The anti-profiteering clause in the GST Bills are meant to apply only during a short transitional period, revenue secretary Hasmukh Adhia said, adding that the government hoped it won’t have to use the “enabling provision” much.

Speaking to a TV channel on Thursday, he said most services would likely fall under 18 per cent GST rate, while a few on which the effective tax rate is lower than the marginal rate (including cesses) of 15 per cent due to abatements, might come under lower rates of 12 per cent and 5 per cent. Instances of rate shocks from GST would be few, he said, as the fitment process would be a “mechanical” one, with the principle that items should come under the GST rates nearer to current tax incidence on them.

Adhia said bringing real estate under the GST involved many questions like those related to land, including farm land, coming under it and carving out separate regimes for businesses where real estate could be an input and self-occupied property.

Since instances of rate tax shocks due to GST would be few – most commodities and services would move to the nearest GST slab-, there would be little scope for businesses to profiteer by not passing on the reduced liability from GST, he said. While he admitted that the possibility of businesses increasing the price of commodities now, in anticipation of the July 1 roll-out of GST was a cause for worry, he said that most items (90-95%) were in the competitive market domain which doesn’t allow sudden hikes. But for the items that are produced by monopolies, prices rise was a possibility, he said.

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Anthony Anderson on what to expect as Chris Brown guest-stars on ‘Black-ish’

The suspect apparently struck a Capitol Police cruiser and then tried running over several officers who were on foot, according to Metro DC Police.

Shots were fired this morning near the Capitol in Washington as U.S. Capitol Police worked to apprehend a female suspect who, officers said, drove erratically and aggressively, then attempted to flee the scene.

PJ Trojanowski is being treated for malignant tumors in both of her kidneys.

Larry Jackson, a substitute teacher at an Oklahoma middle school, is known and beloved for the words of wisdom he imparts to his students.

More than 400 people dressed as Albert Einstein gather in downtown Toronto to set a new world record for “largest gathering of Albert Einstein lookalikes.”

Anthony Anderson is well aware of the controversy surrounding tonight’s “Black-ish” episode, which guest-stars R&B singer Chris Brown. While Anderson said it wasn’t his decision to have Brown appear, he’s fine with it.

“I’ve known Chris Brown personally since he was 14 years old and I had no idea that he was coming onto our show,” Anderson told ABC News. He explained that it was an encounter between “Black-ish” co-creator Kenya Barris and Brown that led to the rapper’s appearance on the show.

“Kenya was out one day having dinner and Chris was at the same restaurant and knew who Kenya was,” said Anderson. “He walked over and said, ‘Hey man, I love your show. I just wanted to let you know that I want to be on it. Can we make that happen?'”

“And the next thing I know, this episode was written and they were like, ‘Yo man … we got Chris Brown to do it!'” And I was like, ‘That’s great.'”

On tonight’s episode, Brown plays Rich Youngsta, a popular rapper who collaborates with Anderson’s character on an ad campaign that some find offensive in the episode. Anderson said Brown, despite his past run-ins with the law, got the role because he fits the part.

“Our show is written as it is and whoever we feel is best to come in and be best at this character,” he explained. “Chris expressed an interest in it and it was like, ‘I think … we have that character for you.”‘

Brown, 27, has been in an out of the courtroom since 2009 when he pleaded guilty to felony assault of his then-girlfriend Rihanna. His probation for that case ended in 2015. But as recently as last year, Brown was accused of pulling a gun on a woman who was a guest at his home. After a standoff with police, he was eventually arrested on suspicion of assault with a deadly weapon, but he has maintained his innocence.

“I cannot wait till the truth comes to light about this incident and this situation,” Brown said in an exclusive video sent to ABC News back in September 2016. “You know, because my character’s been defaced and who I am as a person and my integrity.”

View gallery Anthony Anderson on what to expect as Chris Brown guest-stars on ‘Black-ish’ (ABC News)

For that incident, Brown was released on $250,000 bail. That case eventually stalled, with the Los Angeles District Attorney’s Office not moving forward with charges, USA Today reported weeks after Brown’s statement of innocence.

According to Anderson, “Black-ish” remains “unique” because it does “not shy away from” controversial topics, and tonight’s episode is no different, given Brown’s history and the character he is playing on the show.

“He did a masterful job at it,” said the actor. “I think people are going to be pleasantly surprised by the work that he did,” he added.

ABC’s “Black-ish” airs at 9:30 p.m ET.


VIDEOS: Samsung Galaxy S8 to Launch Today: Here’s What to Expect

Updated: March 29, 2017 9:04 pm

Samsung Galaxy S8 and Galaxy S8+ will be unveiled today at Samsung’s Unpacked 2017 event. The flagship smartphones pack the latest Snapdragon 835 processor and top of the line specifications. Samsung will also launch its new artificial intelligence (AI)-powered voice-assistant called Bixby, alongside the two new phones.