Sachin Lier and bad Sport

The Reserve Bank of India (RBI) finally announced the Credit Policy. All key rates including the CRR, repo rate and reverse repo rate were kept unchanged. The GDP growth forecast was lowered to 7.5%. The RBI admitted that moderating growth remains a concern. the Central Bank expects resumption of export growth during the next quarter. It also hopes that net capital flow will meet the external financial requirements. The RBI has decided to enhance liquidity if pressure on the market persists. Here are the key features of RBI’s Credit Policy: All key rates including CRR, repo rate and reverse repo rate unchanged SLR norms unchanged GDP Growth Forecast lowered to 7.5% Inflation target was unchanged at 7% Credit Growth target lowered to 20% from 29%

In a shocking development, former Australian cricketer Adam Gilchrist, who can’t even be compared with the great Sachin Tendulkar, accused him of lying during the Sydney Test to save his team mate Harbhajan Singh. In his latest autobiography, “True Colors of My Life”, Adam Gilchrist has called Sachin Tendulkar “dishonest”, “liar” and “bad sport”. It could be a publicity stunt by Gilchrist to gain publicity for his book

The Indian Rupee continued to slide further, as it opened at an all-time-low of 50.15 against the US Dollar. Yesterday, it was closed at 49.81 against the USD. For the first time in history, the Rupee breached the psychological barrier of 50.00, causing panic in the market. As the trading progresses today, Rupee is feared to dip further.

Angry students protesting against Maharashtra Navnirman Sena (MNS) and its chief Raj Thackeray, set Motihari Railway Station on fire. Ironically, the mob fury was so high that GRP (Government Railway Police), RPF (Railway Protection Force) and police personnel fled from the spot, leaving the Railways Station at the mercy of rampaging students. Later, CRPF intervened and fired several rounds in the air to disperse the mob. The CRPF personnel had to resort to lathicharge and lobbed teargas shells to control the mob violence. Railway properties have been attacked elsewhere in Bihar for the third consecutive day. According to Railways, properties worth Rs. 5 – 7 crore have been destroyed by angry students. Several Bihar-bound trains including Rajdhani, Sampark Kranti and others have been cancelled, causing high inconvenience to the passengers. The passengers are not even able to get correct information regarding the cancellation, departure or reschedule of trains.

Even as the global economy has reached a bottom low, the Asia-Europe meeting will begin in Beijing to discuss important issues including the economic cooperation. India makes its debut at the ASEM with Prime Minister Dr. Manmohan Singh (an Economist himself) representing India. Dr. Manmohan Singh is expected to provide vital suggestion on how to handle the global economic crisis. The ASEM has 45 countries with China taking the centre stage. The ASEM group includes 27 EU countries, the European Commission, ASEAN (10 countries), India, Pakistan, Mongolia and ASEAN Secretariat.

A sport-loving country of over 1.3 billion people and great cricketers across the world are outraged over the latest remarks made by former Australian wicket keeper Adam Gilchrist. Adam Gilchrist, who was considered as a “saint” in modern day cricket, called legendary Sachin Tendulkar as “dishonest” and “bad sport” in his latest autobiography, “True Colours My Life” which will be released next week. In his book, “True Colours of My Life”, Adam Gilchrist showed his true colours by raking up the racism row between Harbhajan and Symnonds during the Sydney Test. He accused Sachin Tendulkar of lying and being dishonest. According to Adam Gilchrist, Harbhajan Singh had made a racial remark against Andrew Symonds, but was let off with mild punishment only because of Sachin Tendulkar’s “false testimony”. Adam Gilchrist, who retired from test cricket recently, not only questioned Sachin Tendulkar’s honesty, but also criticised Harbhajan, Indian team, Indian Board (BCCI) and Australian Board (Cricket Australia) over this issue. Gilchrist’s latest tirade against Sachin Tendulkar has upset millions of cricket fans across the globe. Since Gilchrist is the skipper of Hyderabad Deccan Chargers in the IPL, it would be interesting to see, what price he will have to pay for his “irresponsible” and “condemnable” outburst against a legend, who has nothing to prove in cricket.

 

Sachin Tendulkar broke Brian Lara’s record

Sachin Tendulkar broke Brian Lara’s record of scoring the highest number of runs in Test cricket in the Mohali Test.

Sachin Tendulkar became the highest scorer in Test Cricket by bettering Brian Lara’s total aggregate of 11, 953 Test runs. Before Mohali Test, Sachin has played 151 Tests (246 innings) and had a career average of 54.02. Sachin has carried the burden of Indian cricket for almost a decade and if there is anyone who desrves to get to this record, it has to be Sachin. His contribution to Indian cricket is beyond mere statistics. Even the greatest of them all Sir Don Bradman had mentioned that Sachin reminded him of his own playing style. This perhaps is the ultimate statement that describes the phenomenon called Sachin Tendulkar. President congratulates Tendulkar President Pratibha Patil congratulated Sachin Tendulkar for becoming the highest Test run-getter in the world. “You have given joy to countless Indians with your batting,” the President said in her congratulatory message to the master batsman. Tendulkar surpassed former West Indian captain Brian Lara’s record of 11,953 runs on the opening day of the second cricket Test against Australia in Mohali.

 

Narendra Modi scored a major victory

On the auspicious day of Durga Ashtami, Gujarat Chief Minister Narendra Modi scored a major victory, as Tata Motors shifted their dream Nano Car project to Gujarat. It was announced in a joint press conference held by Tata Motors Chairman Ratan Tata and Gujarat CM Narendra Modi. Modi termed the day as historic for Gujarat and people of India, as Nano finally got a place it deserved. Ratan Tata expressed satisfaction over the deal and said it was as good or slighly better that what they got in Singur. “We are happy to set up the Nano plant in Gujarat. All Singur costs will be retrieved, no big loss on book”, said Ratan Tata. The Nano plant will be set up at Sanand near Ahmedabad. According to Ratan Tata, the plant will have a capacity of 2.5 – 3.5 lakh Nano cars per year in the first phase. “It is a special day for us, as we had a bitter experience in West Bengal”, said Ratan Tata. According to Narendra Modi, Tatas will buy the land at the current market value. “We have opened a new chapter in partnership with Tatas”, said a victorious Modi. The industry has expressed huge relief over the deal signed between Tatas and Gujarat. Narendra Modi, who has already taken Gujarat to the zenith of its growth and development, has been hailed as a industry-friendly Chief Minister.

Proving people speculations right, India’s successful test skipper Sourav Ganguly announced his retirement from cricket. Ganguly dropped the bombshell today, by saying he would say good bye to cricket at the end of series against Australia. Ganguly said he has already conveyed his decision to selectors and his team mates. “I want to leave on a winning note”, said Sourav. Before the selection for the Australia series, the media speculated that he would be given a deal by the selectors and would announce his retirement from cricket after the Australia series. According to sources, selectors wanted to give all seniors a dignified exit and Ganguly’s selection in the test squad was part of that plan. Sourav Ganguly played 109 tests for India and scored 6,888 runs at an average of 41.74. He scored 15 centuries in test cricket. Ganguly’s ODI record was illustrious, as he scored 11,363 runs in 311 matches at an average of 41.02. He scored 22 centuries in ODIs. Ganguly will play four more tests against Australia before calling it a day. Sourav, who was chosed as ‘Bengali No. 1″ in a CNN-IBN poll yesterday, chose the auspicious day of “Durga Ashtami” to announce his retirement from cricket.