Latest News
Trisha excels with bat and ball as India become back-to-back Under-19 champions
India’s spin bowlers continued to be as brilliant as they’ve been throughout the tournament to take them to their second consecutive ICC Under-19 T20 World Cup title.
On the back of the efforts of Aayushi Shukla, Gongadi Trisha, Vaishnavi Sharma and Parunika Sisodia – who took nine wickets between them – India restricted South Africa to 82. Trisha then starred with the bat as well, helping chase down a simple target in 11.1 overs to leave a heartbroken South African side in tears at the Bayuemas Oval in Kuala Lumpur.
Brief scores:
India Women Under 19s 84 for 1 in 11.2 overs (Gongadi Trisha 44*, Sanika Chalke 26*, Kayla Reyneke 1-14) beat South Africa Women Under 19s 82 all out in 20 overs (Karabo Meso 10. Mieke van Voorst 23,Fay Cowling 15; Gongadi Trisha 3-15, Parunika Sisodia 2-06,Aayushi Shukla 2-09, Shabnam Shakil 1-07) by nine wickets
[Cricinfo]
Business
India’s budget gives tax relief to middle class to boost spending, growth
Indian Prime Minister Narendra Modi’s government has unveiled an annual budget focused on appealing to the country’s middle class and spurring economic growth by boosting agriculture and manufacturing.
Announcing the annual budget in parliament on Saturday, Finance Minister Nirmala Sitharaman said people earning up to 1.28 million Indian rupees ($14,800) per year will not have to pay any taxes, raising the threshold from 700,000 rupees.
The government also lowered tax rates for people earning above the new threshold, as the world’s fifth-largest economy aims to boost domestic demand amid uncertainty over the global economic outlook due to potential new tariff barriers.
“The new structure will reduce taxes on middle class and leave more money in their hands, boosting household consumption, savings and investment,” Sitharaman said.
The move will result in an annual 1 trillion Indian rupee ($11.6bn) hit to Treasury revenues, the Reuters news agency reported.
The world’s most populous country is expected to post its slowest growth in four years next year amid frail urban demand and weak private investment, while stubbornly high food inflation has dented disposable incomes, the agency said.
Measures to assist the poor, youth, farmers and women were also included in the budget for 2025-26, Sitharaman said.
Per capita income is about $2,700 for India’s population of 1.4 billion, with about one-third considered middle class.
The tax cut is “likely to spur consumer demand and savings by the middle class that has faced challenges from elevated inflation and lower income growth”, Sakshi Gupta, economist at HDFC Bank, told Reuters.
To balance the revenue lost, the government has budgeted a modest increase in capital spending this year, which will rise to 11.21 trillion rupees in 2025-26 compared with a lowered 10.18 trillion in the current year.
Modi, in his third term as the country’s prime minister, has faced pressure to appeal to the country’s middle class and generate more jobs to help sustain growth.
The government will also boost productivity across the agriculture sector by launching a nationwide program to push high-yielding crops, focusing on the cultivation of pulses and cotton production.
Sitharaman said the programme will target at least 17 million farmers and raise the limit for subsidised credit offered to them from $3,460 to $5,767.
The government also plans to formally register India’s gig workers and ease their access to healthcare. Sitharaman said the government will issue them identity cards and help them access welfare initiatives.
India’s gig economy could employ more than 23 million people by 2030, according to estimates by government think tank, NITI Aayog.
Sitharaman also announced a new fund for startups and said the government will provide more money to promote innovation in partnership with the private sector.
She also announced the Nuclear Energy Mission to drive India’s transition towards clean energy, with a goal of developing at least 100GW of nuclear power by 2047.
[Aljazeera]
Foreign News
Trump imposes tariffs but Canada and Mexico hit back
US President Donald Trump has announced sweeping new tariffs on all goods imported from America’s three largest trading partners, China, Mexico and Canada.
Trump said the US would impose tariffs beginning on Tuesday of 25% on Canada and Mexico, and 10% on China. Canadian energy faces a lower 10% tariff.
He had threatened to impose the import taxes if the three countries did not address his concerns about illegal immigration and drug trafficking.
Both Canada and Mexico said they are preparing retaliatory tariffs of their own.
Trump has indicated he is ready to escalate the duties if the countries retaliate.
Together, China, Mexico and Canada accounted for more than 40% of imports into the US last year.
“Today’s tariff announcement is necessary to hold China, Mexico, and Canada accountable for their promises to halt the flood of poisonous drugs into the United States,” the White House said in a statement on X on Saturday.
Trump posted on his Truth Social platform: “This was done through the International Emergency Economic Powers Act (IEEPA) because of the major threat of illegal aliens and deadly drugs killing our Citizens, including fentanyl.”
A tariff is a domestic tax levied on goods as they enter the country, proportional to the value of the import. They are a central part of Trump’s economic vision.
He sees them as a way of growing the US economy, protecting jobs and raising tax revenue – and in this case, pushing for policy action from allies.
In her response, Mexican President Claudia Sheinbaum called allegations that the Mexican government had alliances with criminal organisations “slander”.
The White House, in its announcement, accused Mexico’s government of having “an intolerable alliance” with Mexican drug trafficking organisations.
In a statement, Sheinbaum called on the US to do more to clamp down on the illegal flow of guns south to arm the cartels.
Her country is willing to work with the US, she said. “Problems are not resolved by imposing tariffs, but by talking.”
She has instructed her economy minister to respond with tariff and non-tariff measures. They are expected to include retaliatory tariffs of 25% on US goods.
Canadian Prime Minister Justin Trudeau said his country will also respond.
“We don’t want to be here, we didn’t ask for this,” he said in a news conference late on Saturday.
“But we will not back down in standing up for Canadians.”
His government will impose 25% tariffs on $155bn worth of American goods – $30bn will come into force on Tuesday and another $125bn in 21 days.
Targeted items include American beer, wine, bourbon, fruits and fruit juices, vegetables, perfumes, clothing and shoes, as well as household appliances, sporting goods and furniture. Lumber and plastics will also face levies.
Non-tariff measures being considered are related to critical minerals and procurement, although Trudeau did not offer more detail.
The prime minister pushed back on the suggestion the shared border posed a security concern, saying less than 1% of fentanyl going into the United States comes from Canada.
In a bid to avoid the tariffs altogether, Ottawa had promised to implement C$1.3bn ($900m; £700m) of new security measures along its US border.
“Tariffs are not the best way we can work together to save lives,” Trudeau said.
He also said he had not spoken to Trump since the inauguration, but would keep lines open with US counterparts.
China said in a statement that it is strongly dissatisfied with the levies and “firmly opposes” them.
It added that it would file a lawsuit with the World Trade Organization against the US for its “wrongful practice” and would take countermeasures to “safeguard its own rights and interests”.
China’s vice-premier Ding Xuexiang told the World Economic Forum in Davos, Switzerland, last month that his country was looking for a “win-win” solution to trade tensions and wanted to expand its imports.
Canada, Mexico and the US have deeply integrated economies, with an estimated $2bn (£1.6bn) worth of manufactured goods crossing the borders daily.
Economists say the tariffs and subsequent retaliation could raise prices on a wide range of products, from cars, lumber, and steel to food like frozen French fries, avocados, and tomatoes, to alcohol.
The auto sector could be especially hard hit. Auto parts cross the three borders multiple times before a final vehicle is assembled. TD Economics suggest the average US car price could increase by around $3,000.
A January report by the Peterson Institute for International Economics suggested blanket 25% tariffs on Canada and Mexico would slow growth and accelerate inflation in all three countries.
On Friday, Trump acknowledged there could be “some temporary, short-term disruption” from the tariffs.
The Canadian Chamber of Commerce released a statement saying tariffs will have “immediate and direct consequences on Canadian and American livelihoods” and will “drastically increase the cost of everything for everyone”.
US industry groups have also raised alarm bells.
The National Homebuilders Association said the levies could increase housing costs.
The Farmers for Free Trade said, with many US farmers already struggling, “adding tariffs to the mix would only exacerbate the situation across much of rural America”.
The US Retail Industry Leaders Association, which includes big names such as Home Depot, Target and Walgreens among its more than 200 members, expressed hope tariffs could still be averted.
The White House, explaining on Saturday why it was targeting its top trading partners, said Mexican cartels were responsible for trafficking fentanyl, methamphetamine and other drugs.
It said tariffs on Canada would remain until it “co-operates with the US against drug traffickers and on border security”.
Lastly, it said “China plays the central role in the fentanyl crisis” with exports of the lethal synthetic painkiller.
Both the northern and southern US borders have reported drug seizures, though amounts at the border with Canada are considerably lower than those with Mexico, according to official data,
US border agents seized 43lbs (19.5kg) of fentanyl at the northern border between October 2023 and last September, compared to more than 21,000lbs (9,525.4kg) at the southern border.
Still, recent reports from Canadian intelligence agencies suggest a growing number of transnational organised crime groups are manufacturing drugs in Canada.
Ashley Davis, a Republican lobbyist for businesses, who represents major US companies, including Walmart and Boeing, and has been involved in discussions about tariffs, told the BBC’s World Business Report she thinks Trump will pull back on the tariffs in North America if he can point to progress on the issues he has raised as complaints – especially immigration.
“You have to remember – the border and China are the two biggest issues that Americans voted him on in the elections in November. Anything he can do to claim wins on that, I think he’s going to do,” she said.
Latest News
Spirited South Africa look to end mighty India’s dominance in final clash
Two unbeaten sides. Two stories of significant progress over two years will culminate with the final of the Under 19 Women’s T20 World Cup in Kuala Lumpur today.
It might only be edition number two, but India have asserted themselves as the team to beat in this competition. They have outclassed every team in their path to the finals, and have looked stronger than the title-winning squad in 2023 with two capped internationals under Shafali Verma.
Niki Prasad’s team has exhibited skills that might well mistake them for being a senior side, be it ball striking and power hitting with bat, accuracy and discipline with ball or athleticism and catching efficiency in the field. West Indies, Malaysia, Scotland and Bangladesh were brushed aside without sweat. Sri Lanka (in the group stage) and England (in the semi-finals) had their moments, but were unable to press the advantage across 40 overs, and India eventually prevailed comfortably.
India’s pathway to prepare for the tournament also trumps most sides, many of whom had never travelled overseas before the World Cup. They won the U-19 Women’s Asia Cup in December 2024, with all games played at the Bayumeas Oval in Kuala Lumpur, the venue for each of India’s World Cup fixtures as well as the semi-final and final. Prior to that, two Under-19 sides played a triangular series in Pune that also featured South Africa, their opponents for the final.
That South Africa’s story in World Cups has moved from falling short of finals to falling short in finals might be considered progress in itself.
Under captain Kayla Reyneke one of seven players in the squad playing in their second edition, South Africa have shown significant progress after failing to go beyond the Super Six at home in 2023. They outclassed Australia in Friday’s semi-final which was effectively their first experience of a full game in the tournament. Their previous wins were secured in severely reduced games, largely due to rain against New Zealand, Nigeria and Ireland, and Samoa’s 16 all out. Still they got the job done emphatically.
After two consecutive senior women’s T20 World Cup final appearances in as many years, and just as many heartbreaks, South Africa have set their sights on the Under-19 women’s team to bring home a first women’s title, just as India did in 2023.
Power-hitting takes time to evolve. It’s unlikely to be seen at the women’s Under-19 level. Try telling G Trisha and Jemma Botha that. Both, in their second edition of the tournament, are now promoted to open the batting. They both also have the power game that could decide the fate of the final.
Trisha is the tournament’s leading run-scorer and is likely to remain so regardless of what happens in the final after striking the first hundred in the competition, against Scotland. It’s not just the 265 runs though, it’s the strike rate of 149.71 that stands out.
Botha might have been competing for similar honours had South Africa’s batters batted more than the 26.5 overs they did in the entire tournament leading up to the semi-final. Her 37 off 24 with five fours and two sixes at a strike rate of 154 in the semi-final against Australia gave South Africa a crucial head start that proved to be decisive in what could have been a tricky chase.
Both teams are likely to stick with the same XIs from their respective semi-finals.
India (probable): G Trisha, G Kamalini (wk), Sanika Chalke, Nikki Prasad (capt), Ishwari Awasare, Mithila Vinod, Aayushi Shukla, VJ Joshitha, Shabnam Shakil, Parunika Sisodia, Vaishnavi Sharma
South Africa (probable): Jemma Botha, Simone Lourens, Kayla Reyneke (capt), Karabo Meso (wk), Fay Cowling, Mieke van Voorst, Seshnie Naidu, Luyanda Nzuza, Ashleigh van Wyk, Monalisa Legodi, Nthabiseng Nini
[Cricinfo]
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