Sunday, 24 November 2024

Allu Arjun remembers being jobless following his debut. Pushpa 2 Director Sukumar saved him, saying: "No one offered me an offer of a film."



Two young filmmakers decided to collaborate 20 years ago to create a movie. One was a first-time director. One actor had only appeared in one film. Arya was the film. The blockbuster success that director Sukumar’s debut film enjoyed and Allu Arjun’s second film achieved was legendary. But this combination continued to produce superhits, each one growing in size and success. They reunited in 2009 for Arya 2 after Arya (2004). In 2021 they worked together on Pushpa and are now back for Pushpa 2. Allu Arjun, Sukumar and Fahadh seem to enjoy hunting together.


Allu Arjun talked fondly at the pre-release in Chennai about their relationship, which has grown over the last two decades. The Pushpa actor revealed in a very heartfelt moment that Sukumar gave his career the much-needed boost it needed. "I made my lead acting debut with Raghavendra rao garu's Gangotri. Allu Arjun said, "He delivered a superhit but I did not deliver as an actor." He then revealed that he had no work for the following year. "After the release of my film, no one wanted to work with me. Arya was offered to me by a new filmmaker. Since then, there has been no turning back."


Allu Arjun's speech, which would have dispelled any speculations that things weren't as gung-ho with the actor and filmmaker, was full of praise for Sukumar. Sukumar was the person he cited as having the greatest impact on his life when he looked back at his career. He is still working on the post-production. His absence is more noticeable than his presence. I miss you, Sukku. "We are all in it together."


The makers of Pushpa 2 launched kissik during the event. This is a dance number that features Sreeleela and Allu Arjun for the very first time. Rashmika, Devi Sri Prasad, and Arjun were also present at the event.


Pushpa 2 Budget

Pushpa 2, The Rule, was made on a high Budget between Rs 400 and 500 crore. The makers are confident it will be Allu Arjun’s first entry into the Rs 1,000 crore club. This film is one of the most costly Indian films.


Pushpa 2, Cast and Crew

In the sequel, Fahadh Faasil and Sunil will return, as well as Anasuya Bhardwaj. Ajay Ghosh is also returning, along with Brahmaji Dhananjaya Mime Gopi, Ajay Prathap Brahmaji Bhardwaj. Jagapathi has joined the sequel. Naveen Nooli will edit The Rule with cinematography by Miroslaw Kuba Brozek.


Pushpa 2, Release Date

Pushpa 2: The Rule is set to be released worldwide on 5 December, and will likely have the largest release. The film will be available in Telugu as well as Tamil, Malayalam and Hindi.

Median estimates of 12 economists: 'Weak urban consumption and weak industrial activity may drag down Q2 GDP by 6.5%.'



The National Statistical Office is expected to release the GDP data for July-September on November 29, at 1600 IST. Estimates of GDP growth for July-September range from 6.2 to 6.99 per cent.

The slow pace of industrial growth in July-September was likely due to the prolonged rains, especially in the manufacturing, mining, and electricity sectors. This, combined with tepid consumer growth in urban areas has led to a lower economic growth rate. According to the median estimate of 12 economists, real Gross Domestic Product (GDP), which will be released Friday, growth is expected to slow down in Q2 from 6.7% in April-June, and 8.1% a year earlier, to a six quarter low of 6.5 %.


Capital expenditures have remained lower than the levels of the previous year for both the states and the Centre. This has added to concerns about a slowdown in growth. The agricultural sector is seen as the brightest spot among all sectors with good kharif production estimates and a rebound in rural demand.


We expect agriculture GDP will rise to a 6-quarter-high of 6.0 percent, due to elevated kharif production estimates. According to IIP data, industrial growth is slowing down, especially in mining, electricity and gas. Manufacturing GDP may also be moving sideways, registering a growth of 6.0 percent YoY. Construction growth will likely drop to 6.0 percent from 10.5 percent YoY in Q2 24 as steel production growth declines and cement grows slightly.


The growth of services is expected to slow down largely because of a decline in credit growth. This has been slowed considerably in the last few months," Rahul Bjoria said, India and ASEAN economic analyst at Bank of America.


The National Statistical Office is expected to release the GDP data for July-September on November 29, at 1600 IST. Estimates of GDP growth for July-September range from 6.2 to 6.99 per cent.


Sonal Varma is Nomura's Chief Economist for India and Asia Ex-Japan. She said that a sharper decline in exports as opposed to imports also weighs on Q2 growth. The drag is estimated at 1.1 percentage points, compared with 0.7 percentage points in Q1.


On the supply side, GVA growth is expected to slow to 6.8% YoY from 6.8% in Q1, as growth in the construction and industrial sectors eases. We expect that agricultural growth will pick up. "Financial and real estate" and "professional services" will continue to grow strongly. And we are working to build in a recovery for the "trade, hotel, transport, and communication" sector, which was previously lagging. We believe India is in a cyclical slowdown and see increasing downside risks in our GDP baseline projections for FY25 (6.8% YoY) and FY26 (6.8% YoY).


Reserve Bank of India has projected GDP growth rates for FY25 and FY26 at 7.2% and 7.1% respectively. Ajay Ajay Seth, Economic Affairs secretary, said last week that there was "no significant risk" of the 6.5-7 percent growth projection in the current financial year 2024-25 as detailed in Economic Survey despite the likely slowdown for the September quarter.


Future Growth Prospects

The slow pace of capital expenditure by the states and the Centre is a major concern. However, the rural demand and the agricultural growth are expected to support growth in the future. Capex will likely fall short of the Rs 11.11 lakh target for FY25. According to rough estimates, the Centre's capex may be about Rs 55.555 crore below the target. In the second half, the Centre will need to increase its capex by 52% to reach the FY25 Budget Target of Rs 11,11 lakh crore. The second half is a challenge for the Centre, as it will have to increase its capex by 52 per cent in order to reach the FY25 budget target of Rs 11.11 lakh crore.


Economic Affairs Secretary Ajay Seth: 'No significant downside risk' to growth despite likely slowdown in Sept quarter


In a recent note, HDFC Bank Treasury Research stated that economic indicators in October have already shown a positive change in the overall economy. This includes improvements in multiple sectors, including manufacturing and service Purchasing Managers’ Indices (PMI), as well as GST collections, toll revenue, and e-way bills. It said that the demand-side dynamics showed rural demand now starting to surpass urban demand. We have seen a dramatic increase in agriculture and services. This bodes well for future growth. Other sectors, except for oil and gas, have done better. GST (Goods & Services Tax) and automobile sales show that consumption has increased. The inflation should also be expected to decrease from December. Madan Sabnavis is the chief economist at Bank of Baroda. He estimates that FY25 GDP will grow by 7.3-7.4 percent.


Rajani Sinha is the chief economist at CareEdge Ratings. She said that a rebound in government spending will boost growth potential for H2. This recovery will support both the capex demand and private consumption. The Rabi sowing season is expected to be successful as reservoir levels are still comfortable in many regions. "A good kharif harvest, coupled with an improved outlook for rabi sowing bodes well for rural demand," Sinha said.

Bitcoin ride Trump Wave to Record Highs and Focus on $100,000 On Saturday,


Bitcoin made another record high and set its sights on breaking $100k barrier, likely fuelled by an optimistic view about increased regulatory support under Trump administration.

Bitcoin's value has surged over two-thirds since President-elect Trump's victory on November 5, when several pro-crypto lawmakers were elected into Congress.


On Friday, however, cryptocurrency gains were more moderate. Bitcoin, having recently hit a new record high of $99,000, gained only 0.5 percent on the day - it is currently trading around $98,500.


Updated November 22 at 22:39 IST.


Bitcoin stands out among assets seen as benefitting or losing from President Donald Trump's policies, commonly known as "Trump Trades." (Reuters Photo).


Bitcoin's value has seen an astonishing 75-percent surge this year and 45 percent since Donald Trump won election and crypto-friendly lawmakers were elected into Congress on November 5.


On Friday, however, cryptocurrency experienced more moderate gains. Bitcoin had just hit an all-time record high of $99,000 but has since only managed to gain 0.5% - it currently trades at around $98,500.


Bitcoin could see its highest month since February with gains expected of 10% or more over three consecutive weeks.


Bitcoin as a Trump Trade exceptie Due to the widespread adoption of President Donald Trump's policies, Bitcoin has emerged as one of the more significant winners of so-called Trump Trades -- assets perceived to either gain or lose due to his policies.


Since its creation, 16 years ago, cryptocurrency has also been on the cusp of mainstream adoption.


Shane Oliver is Chief Economist and Investment Strategy Head at AMP Sydney.


As both an investor and economist, I find it challenging to value this stock; anyone could speculate. At present, momentum seems positive.


Bitcoin has experienced an astounding 130% gain this year.


President-elect Trump championed digital assets during his presidential campaign and pledged to make America "the crypto capital of the world", creating a national bitcoin reserve.


Gary Gensler announced Thursday that he will leave his position as chair of the US Securities and Exchange Commission when Donald Trump takes office, signalling an end to the increased scrutiny by SEC over crypto investments.


Under Gensler, the SEC filed lawsuits against Coinbase, Kraken and Binance alleging they had breached SEC regulations by failing to register with them. All three companies denied these allegations in court proceedings and remain active participants in fighting them off.


Bitcoin Exchange-Traded Funds (ETFs) boost the market Bitcoin ETFs were approved for listing in January in the US, providing a boost for investors.


The SEC has long tried to prevent ETFs from investing in bitcoin due to investor protection concerns; however, such products have allowed more investors - including institutional ones - to gain exposure to this asset class.


Since November's US presidential election, more than $4 billion worth of bitcoin ETFs listed on US exchanges has been invested.


Crypto stocks listed in the US that had seen their prices surge over recent days appeared to have levelled off on Friday.


People continued trading. Microstratgy, a software firm which raised money to purchase bitcoin and is an influential owner, experienced an increase of 2.6% during pre-market trading.

Since Oct, foreign investors have pulled out Rs 1.55 lakh crore from the Indian stock market;




According to data from exchanges, FPIs sold equity worth Rs 41,872 Crore through exchanges, after selling Rs 1,13 858 crore in equity in October.


The trend of FPIs purchasing through primary markets continued in November, with Rs 15,339 billion worth of purchases.


Exchange data shows that the total FPI sales through exchanges from October 1 to November 23 amounted to Rs 1,55,730 Crore.


Analysts said that this is the type of selling which occurs in an annual period when FPIs have a selling mode.


On November 22, the Sensex jumped 1,961 points or 2.54 per cent to 79117.11 and FPIs only pulled out Rs 1,278 crore.


Domestic institutional investors (DIIs), however, have invested Rs 37 559 crore so far in November and Rs 107 254 crore this October.


The FY25 earnings are in play: 'Sell India and buy China'

Three factors mainly led to the massive selling of FPIs. First, the "Sell India and Buy China" trade. Two concerns about FY25 earnings. Three, the Trump trade. Of the three, K Vijayakumar said, Chief Investment Strategist, Geojit Financial Services.


Trump's trade is also on its last legs, as valuations in the US have reached high levels.


The FPI sales in India are likely to slow down soon. The valuations of Indian large cap companies have also fallen from their elevated levels. FPIs are buying IT stocks, which has given IT stocks a greater degree of resilience. "Banking stocks have been resilient, despite FPI sales. This is mainly because DII bought," he said.


A JM Financial report indicates that the Republican Party and Donald Trump have taken control of all three branches of US government.


We believe Trump's plans to lower corporate taxes, increase import tariffs and deport illegal immigrants will lead to growth in the US, higher prices and higher interest rates. The report suggested that this could tempt FPIs into taking at least a portion of their funds to the US.


"FPIs continue to evaluate every country. We would be wrong to assume that they would always invest in India. FPIs may consider other markets if they become more attractive in terms of valuation. There are also very few FPIs that invest in one country. They are always reallocating their funds. FPIs are like domestic investors, who switch between companies and stocks.


"Considering where India is now, I don’t think this is a concern that we should be having." He said that Japan has mandated a few investments and is showing more interest than ever in India.



In addition to giving greater operational flexibility to Foreign Portfolio Investors (FPIs), the Reserve Bank of India and the Securities and Exchange Board of India have recently allowed FPIs the ability to classify equity shares in excess of 10% in Indian companies under the heading of Foreign Direct Investment (FDI), which will allow for a smoother and more efficient flow of foreign investment.


The RBI instructed FPIs that they must obtain the necessary approvals and consent from the invested companies if their equity holdings exceed the prescribed limits. They also reclassify these holdings as FDI.


According to the Foreign Exchange Management Non-Debt Instruments Rules for 2019, the investment made by a FPI must be less than 10% of the total paid up equity capital, on a fully-diluted basis.


The RBI notification stated that any FPI who invests in excess of the prescribed limits will have the option to divest their holdings, or reclassify them as FDI, within five business days of the settlement date of the trades that caused the breach.

 


Wednesday, 20 November 2024

Fareed Zakaria, CNN host and Fareed Zakaria, CNN news on Trump's pledge to increase tariffs on Chinese imports



Fareed Zakaria, speaking at the Express Adda, in Mumbai, Monday, said that while China would be hit particularly hard by the tariffs everyone else, including India could face them. It may also be the best time for India start negotiations on an Free Trade Agreement (FTA) with the US.

Fareed Zakaria, political analyst and CNN host, says that the pledge of Donald Trump to levy high taxes on all Chinese imports during his term is a golden chance for India.


Zakaria, speaking at the Express Adda on Monday in Mumbai, said that while China would be hit particularly hard by tariffs, everyone else, including India could face them. It may also be the best time for India start negotiations with the US about a Free Trade Agreement.


He spoke with Anant Goenka - Executive Director of The Indian Express group - and Shubhajit Roy – Diplomatic Editor at The Indian Express.


Zakaria responded, "India has a golden chance here." When asked about the impact of Trump's 10 percent tariff on all US imports in India, and how this will affect future India-US relations, Zakaria replied, "There are no limits to what Trump can do. Trump has set tariffs of 10 percent across the board and 60 percent on China. "I think he's saying, don’t worry about numbers. China will be hit particularly hard by tariffs but everyone else will have to face them."


"If you are familiar with Trump, then you must assume that this is an offer to negotiate," he said. "This is an opening salvo." India should try to negotiate bilateral trade deals with Trump. It's an opportunity to create a greater sense of regularity and create a trade corridor between the US and India. If India is forced to reduce its tariffs as a result of this, it will be very beneficial for India.


Zakaria called India the "most protectionist large economy" in the world. "Most of India's protectionism is because large Indian conglomerates, industries and companies do not want to compete."


"I believe the age of multilateral trading is over. "You will have bilateral trade agreements, and India is a great candidate to make one," said he. "And if India competes for the US market with a China which has 60% tariffs, then it will be in a much better position."


Zakaria, when asked about India’s multi-aligned policy, which allows it to align or do business with anyone it chooses without facing the sanctions that are usually associated with this, said that it was a mistake. India would gain more if it did not play footsie with everyone, and instead aligned itself with forces of democracy, and liberalism.


The Americans are very understanding about India's foreign policies. India can gain more from a political, moral and strategic perspective by aligning with forces such as democracy, openness and liberalism. "India will grow much faster if it is in close contact with the West's most advanced economic and technological centres," said the expert.


He said that India has a lot of work to do, given its $2,700 GDP per capita, as compared to the United States which has $65,000. "India does not have the same technology companies as China, or even the US. India must move forward in technology and education, and collaborate with the new global supply chain. This is more likely to occur with the West. Do you think that the Chinese will let Indians join a Chinese global supply network? It will never happen."


"The Russians do not have a global high-tech supply chain." India, from an egocentric point of view should stop playing footsie and say loudly that we are a democratic country, a part of a free world and we want stability and openness in the world. "We believe in the norms and values that define this global community, and we will benefit economically and politically," said he.


He acknowledged that China was the strategic glue in the Indo-US relation, but he also said that the glue is based on values, and India and America have deep shared values.


"India is the pro-American nation in the entire world." According to opinion polls conducted in India, 75% of Indians are positive about America. This is higher than Israel or Poland, the two other countries. "Every Indian is trying hard to get a student visa to attend an American university; nobody's lining up for Beijing or Moscow," said he.


He said Trump always had a "favourable attitude toward India... a favourable approach towards the BJP, and towards Modi. They are in a great position on multiple levels. He will push them to do more with trade.


Zakaria is a New York-based journalist and author who was a guest on Express e.Adda's show in January 2021. He has written Age of Revolutions (2024), Ten Lessons for a Post-Pandemic World (2010), The Post-American World (2007), and The Future of Freedom (2007), amongst other books.


Zakaria was asked what the most important questions he would ask Prime Minister Narendra modi if Modi were to appear on his show. He replied: "What's the best way for India to maintain and flourish its deeply pluralistic nature? India is a nation that is composed of many castes tribes religions ethnicities languages? Does he follow policies that allow this pluralism flourish?

RBI article: Private consumption is driving domestic demand again



According to the article titled 'State of the Economy,' published in the RBI bulletin for November, the country's economy has shown resilience. This is due to festival-related consumer spending and a recovering agricultural sector.

A Reserve Bank of India (RBI), in an article, said that the slowdown seen in the second quarter of this financial year (2024-25), is now behind us. Private consumption is driving domestic demand again.


According to the article titled 'State of the Economy,' published in the RBI bulletin for November, the country's economy has shown resilience. This is due to festival-related consumer spending and a recovering agricultural sector.


However, it stressed that inflation must be brought down to enable India to reach its full potential.


"Private consumption has returned to driving domestic demand, albeit with mixed fortunes. "Festival spending has lit up real activity during the third quarter," said it


Michael Patra, the RBI's deputy governor, and other officials from central banks prepared this article. The RBI stated that the opinions expressed in the article were those of the authors, and not the institution.


The number of people visiting malls is down, but ecommerce has exploded. FMCG companies and automakers have increased their advertising budgets to boost demand.


The article stated that "Rural India has emerged as a goldmine for ecommerce companies during this festival season. This is expected to gain further momentum, with the sharp rise in kharif production and optimism surrounding rabi harvesting encouraging a record-breaking foodgrains goal for 2024-25."


Quick-commerce platforms (q-com), which are valued at more than $5 billion, and expected to reach $30 billion in 2029-30, are a vital resource for Direct-to Consumer (D2C), brands.


Retailers report a pickup in sales growth compared to the second quarter. This Diwali the e-two wheelers were a hit, but there has been a noticeable premiumisation, which is evident in luxury cars.


In the article, it was stated that the number of cities in India is increasing four-fold, and by 2025 half the population will be living in cities. This will increase the demand for urban housing.


The article stated that India's potential can be reconnected by reducing inflation.


In October, Consumer Price Index (CPI), compared with 5.5 percent in September, reached a new 14-month high at 6.21 percent.


Article said that the October CPI reading was a sticker shock following the September spike. This reinforced the RBI's warnings about complacency because of the sub-target results for July and august.


It said that despite the sharp rise in food prices, the core inflation rate has increased.


After the rise in edible oil prices, there are signs that inflation is increasing in processed food prices. Prices of household services such as domestic helpers/cooks are also rising due to the increased cost of living.


The article highlights that in this environment it is important to monitor the increase of input costs for goods and services, and how they are reflected in the selling price.


The inflation is already affecting the urban demand for consumption and corporate earnings and capital expenditure. The article warns that if inflation is allowed to continue unchecked it could undermine the prospects for the real economy and especially exports.


The article also stated that the domestic financial markets were experiencing corrections due to the relentless hardening in the US dollar, and that equities are under pressure because of persistent portfolio outflows. The article stated that the medium-term outlook is bullish, as the inherent strength of macro-fundamentals returns.


Both alliances hail the highest voter turnout in Maharashtra for 30 years as a victory sign



The voter turnout in Maharashtra was higher than the 61.39 percent recorded during the Lok Sabha election this year and the 61.4 percent in the 2019 Assembly Elections.

Maharashtra’s battle of alliances saw a huge turnout Wednesday. According to the data available as of 11.45pm, the turnout exceeded 65.1% -- the highest since 1995, when the state recorded a turnout rate of 71.69 percent.


The turnout in this election was significantly higher than the 61.39 percent recorded in Maharashtra in the Lok Sabha Elections of 2018 and the 61.4 percent in the 2019 Assembly Elections.


In Jharkhand where the JMM alliance is fighting the BJP led NDA bloc, 68.45 percent of voters turned out.


Maharashtra's increased voter turnout is attributed to the aggressive campaign of the Mahayuti and the Maha Vikas Aghadi. This could be a major factor in any close race. During the Lok Sabha election, the three Mahayuti parties -- BJP Shiv Sena, and NCP -- combined to poll 42.71 percent of the votes. The three Maha Vikas Aghadi partners -- Congress, Shiv Sena UBT, and NCP SP -- each polled 43.91 percent.


A jump in the voter turnout of at least 3.5% could be a key factor in determining who wins an election. The number of voters registered in 2019 was 8.85 crore. This year, the number is 9.69 crore. A higher voter turnout, on a larger vote base, will be a major factor in the election results that are announced Saturday.


Devendra Fadnavis , Deputy Chief, claimed that increased participation would benefit the Mahayuti. He said: "Whenever there is a rise in turnout, BJP gains from a political standpoint. The polling percentage for the Assembly elections has increased compared to last year's elections. Both the BJP, and Mahayuti will benefit from this."


Nana Patole, the state Congress chief, said that the MVA was likely to win. In the Assembly Elections, there is a lot of enthusiasm among the people. The self-respecting Maharashtra citizens will elect a state government that prioritizes the welfare of the state. The Congress party is expected to be the most popular party in Maharashtra, based on the response of the public. Patole stated that the formation of Maha Vikas Aghadi in the state was certain.


The Election Commission of India has released preliminary numbers that show rural voters were out in greater numbers than urban voters. Kolhapur district in western Maharashtra had the highest turnout of voters, at 76.25 percent. Mumbai recorded the lowest voter participation of 52.07 percent.


Karvir Assembly Seat in Kolhapur District recorded the highest percentage of votes with 84.79 percent. Rahul Patil is the son of former MLA P N Patil and will be facing Shinde Sena candidate Chandradip Narke in Karvir.


Colaba, a constituency in South Mumbai, had the lowest voter participation at 44.49 percent. Rahul Narvekar, a BJP candidate, is running against Hira dewasi, a member of the Congress.


Turnout in the Baramati Assembly Seat, where Ajit Pawar, Deputy Chief Minister, is facing his nephew, NCP (SP), candidate Yugendra Pawar was 71.03 percent, higher than the 68.82 percent of the 2019 elections.


Chief Minister Eknath Shinde's Kopri-Pachpakhadi registered 59.85 per cent as per provisional data until 11.45 pm. Nagpur South West, the seat of Deputy CM Fadnavis, registered 54.49 percent voting.


Violence also marred the voting process. In Nashik's Nandgaon Assembly there was a heated face-off between Shiv SENA MLA and Candidate Suhas Kande, and independent candidate Sameer Bhujbal. Workers of the NCP and NCP clashed in Beed's Parli Assembly. There were complaints of malfunctioning CCTV cameras in several polling booths, and there was also a report of intimidation by workers and the use of force. A few EVMs had been damaged and the voting process at three polling places was stopped for more than an hour.


Maharashtra has a total of 9.7 crore electors, out of which 5 crore males, 4.69 females and 6.101 others make up the total. ECI data shows that 4,136 candidates will be in the race for the Assembly elections. Of these, 3,771 male candidates, 363 women and two others are included. Out of the 100,186 total polling stations, 42 604 are in urban areas and 57 582 are rural.


In Maharashtra, the Mahayuti won the Maha Vikas Aghadi's contest in Maharashtra based on exit polls conducted by television channels. The alliance that can control 145 seats in the 288-seat House will form the new government.


These exit polls showed a divided opinion on the result in Jharkhand where 41 was the majority in the House with 81 seats. Others predicted the JMM/Congress alliance would return, while others cited a NDA win.


Times Now reported on seven polls. Six of them showed that the Mahayuti Alliance was leading or winning Maharashtra.


Pradeep Gupta, of Axis My India, said that he will release the Maharashtra Exit Poll on 21 November. This is the same date CVoter plans to release their exit poll results.


In the recent Haryana Assembly elections, the exit polls were wrong.


When asked last month about exit polls at a press event to announce the Assembly elections for Maharashtra & Jharkhand he said that the matter was not within the purview the poll panel but the responsible parties should self-regulate and reflect.


He said that exit polls create a big distortion due to the expectations they create. There are organizations which regulate this. It is time for these associations... who govern to self-regulate.

Why Rohit sharma the Test Batsman can redeem Rohit the Leader



Rohit Sharma has donned many hats for his team - guide, captain, friend and critic - but now he must set the tone with his bat in a series which could define his captaincy

Rohit Sharma sat alone in the Wankhede dressing-room after India had been thrashed 3-0 by New Zealanders. His teammates had already left. The Kiwis were celebrating quietly in their dressing rooms, with their occasional hoops if joy drifting through. The stadium staff mention how Rohit couldn't leave the arena. Many of them saw him not long ago at Wankhede, bathed in public adulation following the T20 World Cup victory. Maybe it's a circle of life.


Rohit won't be in Perth, and Jasprit will be leading the first Test. The pre-series coverage was, understandably focused on Virat Kohli. Rohit has become a ghostly figure, despite being the captain and star of the team. He has been preoccupied with other issues, from his children to recent on-field problems.


The New Zealand defeat shook the system. It won't surprise anyone if, before the tour to Australia, he feels a sense of anxiety or uncertainty. India and him are also vulnerable due to the injuries of key players.


Rohit has two sides at this point - the batsman, and the leader. Both have been overlapping in recent years, with one affecting the others overtly.


It might be a good idea to look at his most popular meme in order to understand the challenges he faces with a young, inexperienced team. The 'garden ghoomne wale log' comment that he made about his team's lack of cricketing intelligence and intensity went viral, as a positive mark of his earthy/desi leadership style. In retrospect, the jokes are funny, but the fact that India won the series against England shows a lot about their young players.


The team is made up of young men who have mostly played in age-group or IPL tournaments. They do not have the experience of playing first-class cricket. Barring Sarfaraz Khan. They have not toiled through seasons or campaigns. They aren't familiar with the art of building spells, altering the tempo of their innings according to the session demands. The majority of them either spend their time pounding the ball at T20s, or spending hours in the nets working on their individual batting and bowling skills. This is not a complaint but merely a comment on modern cricket. Rohit was a captain at this point in his career and in Indian cricket.


Teacher Captain

He had to teach the basics of cricket, such as how to attack in a group. He had to show them how to bat. He had to warn them not to be carried away by a small amount of success. He warned them of the dangers they would face if they made a mistake. Shubman Gil was almost dropped midway through the England series less than a month ago. Rishabh Pant had not recovered from his injury a year before. Mohammad Siraj could not find his game in India. Rohit's team was forced to accept the state's help because players with domestic cricket experience like Shreyas Bharat Rajat Patidar Srikar Bharat, Mukesh Kumru couldn't find their Test game. Ishan Kishan, for example, had his own problems. Only a few novices were left. Some have also developed ambitions to be leaders.


His predecessors might have planned how to implement the philosophy or ideology of their team. Rohit had to adapt his philosophy to fit the needs of this young team.


Rohit, the Test batsman, has fallen short in this area. The fact that he played a full-on attacking role during white-ball cricket was admirable and inspiring, as it lifted an entire team from a philosophical swamp. He set up the aggressive template in order to get them to the promised land of run feasts, so that his players could then attack with all their might. This approach was perfect for these formats. India needed to be freed from its self-imposed restrictions. The white-ball squad lacked the urgency they so desperately needed. It was up to Rohit, an older man to lead the young players.


The current Test squad lacks a new sensibility, one that is characterized by grit and patience, adaptability and intensity in the field. Rohit's 2021 Test Batting in England was the answer. He transformed his instincts and became one of the world's best compactly classic Test openers.


It wasn't easy. In an interview with this newspaper weeks before the ODI World Cup in 2023, the conversation veered towards that transformation.


The player searched his hotel room and couldn't locate a bat. As the kit was on the team bus, he said: "I would have been able to show you the exact grip change I made but what I cannot show you is how much pain my wrists were in while trying to make it. It took me a while to change my grip to tighten it up and be compact. It wasn't for lbw, which required a change in footwork. Instead, it was to deal with the balls that were in the off-stump channels. How to play the line or leave the line in order for any ball that is swinging or seaming away to go past the edge. It was painful to have to retrain my muscles. "But nothing is impossible if you want to and are willing to put in the effort."


Question of Approach

In Australia, it will be interesting to watch if he returns to his 2021 style or continues to attack as he did in recent years. He has been saying for a while that batsmen must find a way to score runs and keep scoring. After the series defeat, he added: "We're sad." You should be sad. It does not mean you need to change everything. We play cricket one way. Just a small change in our style will do. That's it."


There is a real vulnerability in the top order. Yashasvi is making her first Australian tour. Shubman Gil isn't in Australia for the first test and other than Rishabh Pan, India's principal batsman, nobody else is in good form. Not Kohli, not KL Rahul. Dhruv Jurel is probably the only batsman to have shown that he can play well on these tracks, but he's never faced the Test-quality of Australia.


What is the best approach for Rohit then? The best approach for Rohit is to try and score quick runs, or show his team how patience, grit and attacking once the Kookaburra Ball eases off can help put out the fire. He must be in a good position to do this, as he needs to use all of his batting dimensions.


He must have faith in his team, that they will be ready to play on all levels: mentally, physically and technically. They are not a group of individuals who only focus on themselves but are able to look beyond themselves and forge a team. It is important that a team does not need to have to be told that they should not'meander in the garden'. They also don't require to be told that they must wear a helmet or an abdomen guard when fielding close to their opponents.


It is crucial that he guides them, as he did when he exhibited the best way to bat in white ball cricket. It is impossible to say that he does not care about the game or is not conscientious. He's someone who cares about the future of Indian cricket and is concerned with the life goals of young people.


This tour will be decided by how Rohit bats. He doesn't have to bat with the same monastic discipline that was needed in England, where the ball is constantly moving. Instead, he should make a more rational start, before allowing his attacking urges the space they deserve. It will also be down to his leadership, especially if India has a poor start to the first two Tests.


He returns to Australia where he experienced selectorial disappointment in 2012. Mixed feelings in 2014. Happiness of a Series Win in 2018. And unadulterated happiness in 2021. Sitting on the steps outside the dressing room in Brisbane, Pant's off-drive clinched the memorable series win.


How will he end this tour? Is he alone in the dressing room at the SCG, contemplating whether to call it quits on his international career? Or is he rejoicing in an inspiring turnaround of fortunes and looking ahead with great confidence to the June Test tour in England?

Asian Champions Trophy: Indian hockey team wins crown after beating China



All around India, the focus was on scoring goals. Can they convert open-play chances? Can they solve their Penalty corner problems? Let's start by focusing on their defence.


Tan Jinzhuang found space from a penalty corner to shoot on goal with 12 minutes left in the first-half. Bichu Devi, India's goalkeeper, quickly got up after diving to anticipate the first shot. This is what 'keepers are trained for. Bichu Devi dived like a football goalkeeper to her right and got her stick on the shot just in time.


If China had scored first, then the of the final would have been very different. They might have even shut down to frustrate India. When the Indian defense was put to the test in Rajgir, someone stepped up. Deepika's stick produced the decisive goal early in the third period. She had a mixed night but still managed to produce a crucial moment. India scored a Penalty Corner straight out of halftime. But after a botched injection trap, Deepika found herself in space within the circle, and she delivered a powerful reverse shot that beat the Chinese defense. She would miss a Penalty Stroke (that she had won so well in the first place), but finish as the top goal-scorer and player of tournament (11).


This was perhaps the story of India's tournament. Under the new head coach Harendra Singh they were able to solve all of their problems in seven matches and ended up with a 100% winning record. India won the tournament with 29 total goals. They conceded just two goals and kept a clean score in all six matches.


Harendra commented after the game, "The team has not had good results in recent years. I think that this match is like a tonic." "But we have to stay grounded, this is an encouraging start that gives us confidence, and shows us where we can improve."


"People talk about penalty corners. This is a procedure. Deepika, a 21-year old girl, delivered today. She may have missed some, but she and her team were able to play attacking hockey while maintaining a good defensive structure. What else can I ask? It is important to not forget our current path.


The coach, who was delighted to win a tournament in his native Bihar, said that the Asian Champions Trophy was just the beginning of the journey to LA 2028 and that 2026's World Cup and Asian Games would be the real test.


Harendra has stated that he plans to work with a group of 40 players in the future. This leaves the door wide open for many senior players, including Vandana, Nikki, Sonika and Monika who did not participate in this tournament. The performances of youngsters such as Sunelita, Vaishnavi and Beauty Dungdung mean that the veterans have a tough task to earn their place in the squad moving forward. The initial signs for India are positive if it promotes healthy competition within the team.


Harendra had a difficult situation going into the tournament. India won the title in Ranchi, last year. But that didn't really matter as they missed out on Olympic qualifying. The two Asian teams that made it to Paris in 2024 - Japan, and the eventual silver medalists China – brought squads with little experience. If India won the title again it would be a great achievement. If they had lost, that would have been considered a setback.

Rafael Nadal announces his retirement: "Good person from a village" bids farewell to tennis



Rafael Nadal Retirement. Rafael Nadal retired after Spain's quarter-final loss to the Netherlands on Tuesday in Mallaga. Nadal's career ended in a bittersweet note as Spain lost to the Netherlands in Mallaga on Tuesday.

Rafael Nadal, like a gladiator saying goodbye to the arena as the final chapter in his tennis saga unfolded, was overcome by emotion.


Tennis legend, Rafael Nadal, played his final professional match on Tuesday November 19. The Spaniard ended one of the greatest sporting journeys of all time in front of an enthusiastic crowd at his Malaga home. Nadal's last singles match was played while representing Spain at the Davis Cup Finals Quarter-Final against the Netherlands. Spain lost 2-1, and his hopes for a long farewell was dashed.


Nadal shed tears when he entered the court for the last time to speak with the fans. As Nadal expressed gratitude for his fortune and success, chants of "Rafa Rafa" filled the stadium.


Nadal announced earlier this year that he was retiring after the Davis Cup finals.


The numbers, titles and other information are all there. People know this. "I'd rather be remembered as a nice person from a village in Mallorca," said the man, to thunderous applause.


FIGHT TILL THE END

Nadal, true to his never-say die attitude, fought valiantly until the last point of his final match. On Tuesday, he was overcome with emotion. The sight of him wiping his tears away during the Spanish National Anthem at the beginning of the match was especially poignant.


Nadal was the gladiator fans have watched for years. Nadal gave his all in his first match as a professional since the Olympics back in August. But it wasn't enough.


Nadal's career ended bittersweetly when he was defeated by World No. 80 Botic van de Zandschulp in straight sets, 4-6, 4-6.


Nadal was able to bring a smile on everyone's face, even in the face defeat. "In a way, it was fitting that this match was my last one. I lost my first Davis Cup match and now, my last. "We close the circle," said he.


Nadal showed glimpses of his legendary play despite his recent struggles with injuries, notably a hip injury which had curtailed him since 2023. He began strongly, winning the first game and retaining his position in the set. At one point, he was even 4-3 ahead. Van de Zandschulp, however, broke his serve at 5-4 to gain a lead and won the set 6-4.


Van de Zandschulp broke early in the second set. Nadal briefly ignited hopes for a comeback when he broke back in the sixth set. However, despite his rally to break in the sixth game he lost the set in straight sets.


I'VE BEEN VERY HAPPY: NADAL

Nadal, who was preparing to bid his farewell at a special ceremony in honor of his retirement, reflected with typical humility on his career. "Many people work hard. Many people work hard every day. I've had a lot of luck. "I just want to be known as a good kid and as someone who achieved more than he ever imagined."


This kid is sure to be proud.


Rafael Nadal, who redefined tennis as a sport, leaves the sport having won the most awards in its history.


He won a record number of Grand Slam singles titles for men, including 14 French Open titles, which is more than any other player has ever achieved at a Grand Slam tournament. He also has four US Open titles, and two Australian Opens. Nadal was the youngest player in the Open Era in achieving the Career Grand Slam at the age of 24. He also completed the Career Grand Slam double in singles. His dominance remains unmatched at Roland Garros, with an incredible 112-4 record overall and a 14-0 perfect record in the finals.

Tuesday, 19 November 2024

UGC Chairman explains that the UGC will offer both fast-paced and slower-paced degrees next year.



According to M Jagadesh Kumar, Chairman of the University Grants Commission, India's undergraduate students will be able to choose to accelerate or slow down their degree programme starting with the next academic year.

Professor Kumar, who announced the plan last week at a conference in Chennai for autonomous colleges, provided additional details about the plan to IndiaToday.in Monday on the sidelines a Delhi celebration of India's tie ups with Johns Hopkins University celebrating 100 years.


"Talented Students who can take more credits per term will be able to accelerate their program. In a three-year undergraduate program, let's say they need to take 120 credit hours, which is 40 credits each year. If they took more credits each year, they could complete their degree in just 2.5 years, Kumar says.


By planning their earning of credits correctly, they can finish the program early. "This is what we refer to as an accelerated degree program," he says.


This initiative was designed to accommodate different learning speeds, allowing students to finish their degrees faster while still accommodating those who require more time.


WHAT IS ACCELERATED AND DECELERATED PERFORMANCE?

Students can accelerate their degree by taking more credits each semester. They will be able to finish a three-year program in just 2.5 years, or a four year degree in only three years.


The decelerated programme is designed for students who find it hard to manage their academic workload. Students can extend their three-year courses to four years by taking fewer credits each semester.


Some students may have difficulty coping with academic work. They may wish to reduce the number of credits they take and slow down their pace. The UGC chairman says that some students may prefer to complete their studies in four years instead of three.


If the student does not meet the minimum credit requirement, they will be kicked out of the system. This will be viewed as a failure, and the student will be dismissed. Now we say you don't need to worry. "You take fewer credits but you finish your degree slowly," Kumar explains.


The cognitive abilities are different for each student. He adds that some students are slow learners and others are fast.


MULTI-ENTRY AND MULTI EXIT ARE NOT THE SAME.

M Jagadesh Kumar clarified this new scheme was distinct from Multi-Entry, Multi-Exit System. This should not be confused.


Students can take breaks and work while continuing their degree in a programme that is slower-paced. They will still benefit from the flexibility of multi-entry/multi-exit options.


In the slow-paced program, I could extend a four-year degree into a five-year degree. I might take a year off, work and earn money somewhere, then return to continue my studies. The UGC Chairman explains that I am still eligible for the multi-entry and multi-exit programme, but I can also accelerate or decelerate degree programmes.


Access to the accelerated programme will be restricted. Only 10% of students will be able to accelerate, Kumar said.


In the next academic session, it is likely that new degree structures will be implemented based on the recommendations of a committee led by V Kamakoti (Director, IIT Madras). Details are expected soon.


FINANCIAL ASSISTANCE THROUGH THE PM VIDYALAKSHMI SYSTEM

Kumar said that UGC's new schemes are aimed at increasing access to higher education. The UGC wants to see more students benefit from the PM Vidyalakshmi Scheme, which provides financial assistance for students.


Financial constraints are the first obstacle to higher education. Kumar said that the goal is to remove this obstacle and make sure students have access to high-quality education.


A campaign is being run by 860 eligible schools to encourage students to take advantage of this program, which can be crucial to their future success.


What do academic experts have to say?

Academics have had mixed reactions to the announcement of a new UGC scheme.


This progressive step taken by the UGC offers additional opportunities for ambitious students who are pursuing accelerated academic and career paths. "It also links higher education to internationally recognised standards," said Dr. Ashok Mittal, founder Chancellor of LPU (and a member of the Rajyasabha).


He says that institutes in India will need to make major changes to adapt to this shift.


To accommodate students who want to complete their degree quickly, the institutes must make major academic restructuring changes. Mittal explains that this may involve providing parallel exam dates or different evaluation patterns for regular and fast track students.


"Also, the educational style needs to be changed. Intensive sessions, modular content delivery, and strategic mentorship for those who are working under a deadline must all be implemented. We will use flexible learning paths and technology at LPU to provide a comprehensive and excellent education to all students.


Two Delhi University professors spoke to Hindustan Times about their concerns.


Mithuraaj dhusiya is a Delhi University Professor and member of the standing committee. He argues that compressing degree timelines can lead to a reduction in core course content. He said that the core course content had already been reduced and UGC was just playing around with the idea of a four-year, three-year, or 2.5-year degree.


Abha Dev Habib, a second DU professor, expressed concerns regarding academic rigour, and employability. She said that compressing the courses could compromise depth and sequence, leaving students with less preparation for the job market. Habib said, "If a honours degree can completed in three-years, this raises doubts about the need for a fourth year."


The National Education Policy 2020 recommends a 4-year UG program, with an option for students to do research in their fourth year and earn a 'honours degree'

The short-term courses offered by the international colleges can help Indians prepare for a career in Silicon Valley.



Short-term courses abroad have become a powerful tool for career advancement in an increasingly competitive market. These programs provide individuals with vital skills and industry connections, especially in innovation hubs such as Silicon Valley. PK Agarwal of UC Santa Cruz Silicon Valley Professional Education stresses the transformative power of these courses.


The institution offers short-term tailored programs in fields that are highly demanded, such as Data Science (Data Science), Artificial Intelligence, Semiconductor Engineering and Business Administration. These courses are designed to help students develop skills that align with industry needs, and to enable them to have an immediate impact on their career.


Curriculum focuses on real world applications where professionals learn how to manage complex projects, analyse complex data and understand cutting edge semiconductor design techniques. Professionals from India, in particular, have demonstrated a high level of ability to excel in the courses. The programs are designed to give hands-on training using industry standard tools that are prevalent in business and tech sectors.


Agarwal said that courses like the Data Science and AI Certificates are designed for professionals in the workplace who want to advance their career. The curriculum includes analytics, leadership, and project management. It also offers seamless paths to advanced degrees.


A vibrant culture of network is another benefit of studying in Silicon Valley. Students can connect with innovators and industry veterans through forums, meetups and industry events.


Agarwal said that "our short-term courses do not only educate; they transform." Our students are equipped with not only the skills, but also the connections they need to succeed in the technology industry. This environment encourages personal connections, which are crucial in shaping the future technology."



Short-term international courses offer a great opportunity to individuals who want to be able to stand out in the global workforce. Students can fast-track their career and make a lasting impression in their fields with real-world skills and a strong network.


Other longer courses being pursued by Indians overseas are:


Master of Science (M.S. ) Computer Science: The program is based on artificial intelligence and machine learning. It provides students with the necessary skills to solve complex computing problems.


Master of Science (M.S. ) Electrical Engineering: This course focuses on electricity and electronic circuit design, and prepares students for advanced technical roles.


Master of Science (M.S. ) Master of Science (M.S.) in Mechanical Engineering: This program provides expertise in fluid mechanics and thermodynamics. It also equips students with the skills to innovate in various engineering sectors.


Master of Science (M.S. ) This course covers topics such as quantum mechanics and statistics, and develops the students' ability to conduct research and solve complex physical problems.

Elon Musk's first friend Trump's inner circle already at odds with Elon Musk?



Elon Musk, Boris Ephsteyn and Donald Trump were all important in the selection of Trump's cabinet. Now there are reports that a major blow-up has occurred between them. Musk, who describes himself as the US's 'first friend', is he becoming a worry for Trump's inner-circle?

Elon Musk has become ubiquitous. Donald Trump 2.0 seems to be ruled by the self-proclaimed "first-buddy" of the US. This is not going down well with Trump's inner-circle. Three sources tell Axios that Boris Epshteyn - a top Trump advisor who advises Trump on Cabinet picks - had a "massive explosion" with Donald Trump at his Mar-a-Lago Club last week. Musk accused Epshteyn even of leaking Cabinet choices to the media.


Epshteyn pushed Matt Gaetz to be appointed as Attorney General in the Cabinet.


Epshteyn’s influence over Trump as his lawyer in his criminal cases and Musk’s $119 million contribution to Trump’s campaign caused the rift. Trump's supporters are not happy about this.


ELON VS EGOS IN TRUMP'S INNER CIRCLE

DOGE's chief, Musk,, has been a key player in Trump's election campaign and victory. Musk has donated over $119 million towards his Presidential campaign.


Two people familiar with the conversation said that Musk questioned Epshteyn's credentials, particularly in the Justice Department, and White House Counsel.


Musk's Cabinet is his choice.


Three sources claim that the two men faced off on November 13, at a table at Trump's Mar-a-Lago Club, in front of other guests.


Sources called it "a massive explosion" and "a huge blow up". The battle did not stop here.


Musk accused Epshteyn even of leaking Cabinet selections to the media. Epshteyn denied any knowledge of the incident.


The rift was not surprising to those who knew the situation or had witnessed the two men struggling in their transition.


Last week, Epshteyn was close to Trump and advised him about several appointments.


Epshteyn suggested that William McGinley be appointed as White House Counsel. Todd Blanche, Trump's criminal lawyer, and Emil Bove have been promoted to senior Justice Department positions.


"FIRST BUDDY" VS. INNER CIRCLE

Musk has made his own picks and recommendations.


The Wall Street Journal reported that he pushed for Howard Lutnick, the co-chair of Trump, to be appointed Treasury Secretary, and not Scott Bessent who Wall Street prefers.


Musk's role within the Trump administration may not be liked by some, but many have accepted the way to work with Musk.


This includes Vice President-elect JDVance.


Musk has even referred to Trump's granddaughter Kai Trump as his "uncle" and shared a photo with him.


Musk's constant existence has irritated some in Trump's inner circles. Some even think he has overstepped his role during the transition.


Axios had reported on a fight between two powerful men. However, the New York Post has denied that there was any fighting between them.


The New York Post contacted sources in the transition team, who confirmed that there was no "major blow-up" between the two men.


People familiar with Elon and Boris unambiguously state that the entire story is complete and utter nonsense. Axios has a reputation for this. Source: "The two have worked together well, and they are both focused to help President Trump Make America Great Again."


Musk is a favorite of Trump's and he even invited him to a recent phone call with Ukrainian president Volodymyr Zelensky.

Indonesia has already adopted the capital switch that Shashi Tharoor proposes to combat smog.



Delhi AQI - Shashi Tharoor sparked an online debate, and several users suggested moving India's capital from New Delhi to a southern city, such as Chennai or Hyderabad. Indonesia has passed legislation that will allow it to move its capital city from Jakarta in 2022.

Shashi Tharoor , a Congress MP from the national capital of India, asked "Is Delhi still a fit place to be India's capital?" as pollution levels soared on Tuesday. The Thiruvananthapuram Mp's post on X sparked a social media debate, with many users suggesting a move to one of the Southern cities such as Chennai or Hyderabad where the air is cleaner.


A move of this kind is not unprecedented. Indonesia adopted legislation in 2022 to move its capital, Jakarta, from Nusantara, a city notorious for poor air quality. This was due to environmental concerns and climate change. The construction of the new capital, located about 1,000 km away from Jakarta, will not be completed until 2045.


The government of President Joko Widodo has estimated that this will cost $35 billion, or Rs. 2.905 lakh crore. Nusantara is also expected to host up to 1.9 millions people by 2045.


WHY IS lNDONESIA SHIFTING ITS CAPITAL?

Jakarta, a city of about 10,000,000 people, is also plagued with deteriorating air quality. Air quality in Jakarta remains "very unhealthy" from May to August. Hospitals are flooded with acute respiratory infections. In 2023, over a lakh cases of acute respiratory infections were reported each month. In a Jakarta Post article, the report linked high levels of pollution to stunted babies and infant deaths.



Jakarta is consistently among the top 10 polluted cities in the world since May. The President's coughing during public events has also attracted attention.


Jakarta's rapid sinking is the main reason for the decision to move the capital. Jakarta, Indonesia is under threat from rising sea levels as well as land subsidence due to uncontrolled groundwater extraction.


If the current trend continues, one third of Jakarta may be submerged in 2050. Many commercial and residential areas in Jakarta's north, particularly, have been devastated by flooding.


WHAT THE NEW CAPITAL WILL LOOK LIKE?

It will be much easier to create a new capital than it is to build government buildings and houses. The Indonesian government decided to relocate more than 1.5 million civil servants in the beginning, as part of this massive task.


AP quoted Bambang Sutantono, Nusantara's National Capital Authority, as saying that the "forest-city" concept is being used to build the new capital. 65% of its area has been reforested.


Nusantara, meanwhile, will use 100% renewable energy. The government has stressed that a new city will have an easier time adopting green energy.


By 2045, the 100th anniversary of the United States, construction should be complete.


Climate activists have criticized the government for the negative impact on Borneo. Borneo is known for its beaches, rainforest and a variety of wildlife. Experts also warned that residents in rural areas of Jakarta, who lack the means to relocate, would be the most affected.


What did Shashi Tharaor say about the Delhi riots?

In a scathing post on X Tharoor claimed that Delhi was "uninhabitable", from November to the end of January. This is when pollution levels are at their highest due to a combination of vehicle emissions and crop residues burning in neighboring states.


Tharoor tweeted that Delhi was the most polluted place in the world. The AQI index hovered at around 490 on Tuesday.


This city is uninhabitable between November and January, and barely livable for the rest of year. Should it remain the capital of the country? He continued to say.


Tharoor was appointed just days before the Winter Session of Parliament in New Delhi where MPs will be converged from all over the country.

Indian kirana shops feel the heat of rapid commerce as Indian kirana stores see accelerated growth



As quick commerce becomes more popular, customers are increasingly turning to online platforms for essential purchases.

A couple in Bengaluru stopped at a local vendor to buy fruit and vegetables, but left when they found the prices were higher than on apps for quick commerce. The shopkeeper claimed that the price difference was minimal -- just Rs 5-6 -- but eventually caved in to the couple's demands.


In a kirana shop nearby, a similar situation unfolded. A customer hesitated in buying dishwashing fluid, citing online discounts. These incidents are not isolated. Quick commerce platforms in urban India are eating away at the kiranas' customer base.


The shift in power is unquestionable, even if it isn't yet complete. A Datum Intelligence study found that 82% of consumers had moved at least 25% of their kirana sales to quick commerce platforms and 5% of them have stopped shopping in kiranas. This trend will continue to grow and reshape the retail landscape, but kiranas will suffer.


Ravi B S is the owner of a local supply store in Bengaluru. He says that the sales are impacted by the younger generation. The older generation prefers to go out and shop. The working class has decreased a little, but loyal customers that have been coming to our store for years still come and say they do not believe in purchasing through apps or paying extra money on delivery.


The trend is changing fast.


India's grocery sector is still dominated by unorganised retailers, with kiranas holding a 92% share. Kiranas remain the backbone of this sector despite the rapid growth of organised retailing and ecommerce. According to a recent report, quick commerce's growing popularity is driving customers away from kiranas and towards online platforms.


In the midst of this transition, Confederation of All India Traders has raised concerns about the practices of quick commerce platform. CAIT's White Paper released recently highlighted the alleged abuse of Foreign Direct Investment by these platforms in order to disrupt India’s retail ecosystem. Praveen Khandelwal (CAIT Secretary General, Chandni Chowk, MP) accused quick commerce of utilizing FDI in order to control suppliers, fund predatory pricing, and dominate inventory. These strategies create an unfair playing field that makes it difficult for India's 30,000,000 kirana shops to compete. Khandelwal said that small retailers were being aggressively driven out of the market.


The White Paper revealed quick commerce platforms, backed with over Rs 54,000 billion in FDI have prioritized subsidising losses in operations, controlling supply chains and offering steep discounts via select preferred sellers, over investing in long term infrastructure. These practices helped quick commerce platforms capture 25-30% market share of the grocery industry, which was previously dominated kiranas.


Alok Agarwal of Kiko Live emphasized the impact of small retailers. Over two lakh kiranas were forced to close down by the expansion of quick commerce in dark stores. It has already taken over 40% of the kirana's business in metros. "If kiranas do not digitise their business and offer similar quick commerce service, these platforms will soon capture 70-80% in urban areas."


Experts believe that quick commerce's success is limited to India's top 20 cities. However, the impact of this on kiranas is alarming. Some kiranas have reacted by adopting home-delivery models in order to retain their customers. However, given their limited resources and scale, competing against well-funded quick commerce companies remains a major challenge.