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Zaka Ashraf’s Visit to India: An Insight Into the Pakistan Cricket Board Chief’s Trip

File image of Zaka Ashraf© Twitter

The chairman of Pakistan Cricket Management Committee, Zaka Ashraf, has arrived in India to participate in the ICC Executive Board meeting in Ahmedabad on Saturday. Zaka, accompanied by chief operating officer Salman Nasser, will also be present at the World Cup final on Sunday. The ICC EB meeting is set to review the World Cup’s conduct, revenue collection, and spectator attendance. It will also address the future of 50-over cricket and the potential hosting of the Champions Trophy in Pakistan in 2025, as per PCB sources.

Zaka had previously visited Ahmedabad to witness the high-profile Pakistan vs India match on October 14, which India won by seven wickets.

Pakistan’s failure to qualify for the World Cup semifinals led to Babar Azam stepping down from captaincy on Wednesday.

Meanwhile, Pakistan pacer Shaheen Shah Afridi expressed his excitement and gratitude after being appointed as the country’s new T20I captain. The Pakistan Cricket Board (PCB) named Afridi as T20I captain following Babar Azam’s resignation from captaincy in all three formats.

Babar’s decision to step down occurred after Pakistan’s failure to progress to the knockout stages of the ICC Men’s Cricket World Cup 2023. Pakistan had a disappointing performance in the ICC World Cup in India, finishing fifth with eight points from nine matches. Babar scored 320 runs in nine World Cup matches, the third highest for Pakistan, with an average of 40 and a strike rate of 82.90.

Afridi expressed his honor and delight at leading Pakistan’s T20I team, and stated his commitment to bringing success to the Men in Green on the cricket field.

With ANI inputs

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to reduce retail inflation RBI Bulletin: Examining the Impact of Monetary Policy and Supply-Side Interventions on Retail Inflation [ad_1] <!– –>RBI Bulletin said tightening financial conditions is major risk to global outlook (Representational)Mumbai: A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy action and supply-side interventions, but “we are not out of the woods yet and have miles to go”.An article on the state of the economy in the November Bulletin also noted that the global economy is showing signs of slowing down in the ongoing quarter as manufacturing languishes while services sector activity appears to have reached the end of its post-pandemic expansion.Going forward, it said tightening financial conditions is a significant risk to the global outlook.”In India, the momentum of the change in GDP is sequentially expected to be higher in Q3, 2023-24, with festival demand remaining ebullient,” the article authored by a team lead by RBI Deputy Governor Michael Debabrata Patra said.The authors said investment demand appears to be resilient with the government’s infrastructure spending, an uptick in private capex, automation, digitalisation, and indigenisation providing a boost.Referring to the headline inflation based on Consumer Price Index (CPI), the article said a combination of monetary policy action and supply-side interventions guided inflation down from the high reaches to which it had climbed through the first seven months of 2022-23.In fact, November 2022 was the first month when headline inflation dropped back into the RBI’s tolerance band of 2-6 percent in the whole calendar year.”We are not out of the woods yet and have miles to go, but readings of around 5 percent and 4.9 percent in September and October, respectively, are a welcome relief from the average of 6.7 percent in 2022-23 and 7.1 percent in July-August 2023,” it said.The RBI, however, said the views expressed in the article are of the authors and do not represent the views of the central bank.The article further said India’s external sector has remained viable, with a modest Current Account Deficit (CAD) financed by resilient capital flows, one of the least volatile currencies in the world and a healthy level of foreign exchange reserves.The momentum of growth has picked up, taking GDP well above pre-pandemic levels to becoming the fifth largest economy in the world at market exchange rates, it added.”Steadfast policy initiatives are showing results, with the financial sector exhibiting soundness and supporting the credit needs of a resurgent economy,” it said.The 37th edition of the State of the Economy article marks the third year of its revival after a long hiatus of 25 years.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)Waiting for response to load… [ad_2]

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