We were hurt too much by Pakistan loss, that's why I decided to retire: Asghar Afghan
Abu Dhabi, Oct 31: A teary-eyed Asghar Afghan said his decision to retire in the middle of the ongoing T20 World Cup was triggered by the pain that he and his teammates endured after Afghanistan's heart-breaking loss to Pakistan in their previous match.
Afghanistan suffered a five-wicket loss in their Super 12 match against Pakistan in which Asif Ali smashed four sixes in the penultimate over, with the team requiring 24 off the last two overs, to end the contest .
Less than 24 hours after the match, former skipper Afghan, who holds the record of most T20I wins as captain, announced his decision to retire after the match against Namibia.
"In the last match, we were hurt too much, and that's why I decided to retire," Asghar, who has led Afghanistan in 115 matches, said wiping his tears during a chat after the end of the first innings.
"There are plenty of memories, it's difficult for me, but I have to retire."
The 33-year-old played six Tests, 114 ODIs and 75 T20Is, including the Namibia match, in a creditable career, scoring 4246 runs across formats.
"I want to give chance to youngsters. I think this is a good opportunity for that. Most people are asking me why now but it's something I cannot explain," said Afghan, who scored a 23-ball 31 on Sunday.
The ICC congratulated Asghar for a superb career that has seen him play a crucial role in his country's rise in international cricket.
The batter has been a part of all seven major ICC tournaments that Afghanistan have participated in.
ICC acting chief executive Geoff Allardice said: "Asghar has been a great ambassador of the game and played a huge part in Afghanistan's rise up the ranks in world cricket.
"He has played a pivotal role as batter and led his team astutely during his time as captain.
"On behalf of the ICC, I wish him all the best for the future and hope that he continues to be associated with the game in the years to come."
Asghar captained his country in their first-ever Test match against India in 2018 and at the T20 World Cup 2016.
Afghanistan will next play India on November 3 and New Zealand on November 7.
The team is playing at the ICC event at a time when the country itself is in turmoil following the Taliban takeover.
The future of Afghan cricketers is also uncertain due to the drastic changes in the political landscape. The Taliban have already barred women from playing the game.
Atal Asghar Afghan cried after leaving cricket forever
— Nisar Afghan (@NisarAfghan47) October 31, 2021
you are the real hero of afghan team
Thank you for your service to Afghanistan
Proud of you! pic.twitter.com/wWklaHI9Qh
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India should create strategic buffers to navigate 'most difficult' energy shock: CEA Nageswaran
New Delhi (PTI): Chief Economic Advisor V Anantha Nageswaran on Saturday said India needs to create strategic buffers in the face of the "most difficult" energy shock that the country is facing amid the West Asia crisis.
Nageswaran also said the rising prices of fertiliser and petroleum products globally due to the crisis will make it challenging to achieve the 4.3 per cent fiscal deficit target for the current fiscal, while below normal monsoon and pass-through of higher energy prices could lead to "potential inflation spike".
He also said India has employment challenge emanating from AI, and there is a need to ensure that IT sector becomes more competitive and not lose jobs to AI, and instead create jobs that use AI within the IT sector or in other services.
Speaking at the ICPP Growth Conference organised by the Ashoka University, Nageswaran said the current account deficit (CAD) in the current fiscal could rise to over 2 per cent of GDP, from less than 1 per cent in FY'26.
"The ... priority for us is to create strategic buffers. This energy shock is the most difficult one compared to any other previous energy shock in terms of energy lost as a percentage of total global energy supply, not just oil, including gas.
"And we also need to use this occasion to think about other areas where we are vulnerable in terms of import dependence, nickel, tin, and copper. We need to build strategic buffers if we have to make a shot at manufacturing and becoming indispensable," Nageswaran said.
Since the beginning of the war in West Asia on February 28, crude oil prices soared to a four-year high of USD 126 per barrel on Thursday, from about USD 73 level before the war.
Stating that geopolitics will compel policymakers to be nimble and flexible and shed old model of thinking, Nageswaran said India is better prepared than many other countries to deal with the crisis because of the fiscal leeway that the country has due to lowering of fiscal deficit ratio to 4.4 per cent of GDP in FY'26.
Nageswaran said the West Asia conflict is more of a price shock than supply shock for India as the government is managing the supply side deftly.
"This particular conflict, which is going to be on a low simmer or a high flame situation, whatever it is, it is going to be there with us in some form or the other because the military conflict may be over, but the strategic conflict is well and truly alive. It will be so for some time," Nageswaran said.
He said the conflict has four channels of shock: price and supply shock, trade impact, sticky logistics costs and remittance shock.
India imports 60 per cent of its LPG usage and of that, 90 per cent flows through the now closed Strait of Hormuz.
Nageswaran said the pass-through of high global energy prices would have to be a "balancing act". He said some pass-through is already happening in commercial LPG, and the levy of export duty on diesel and ATF.
The government has cut excise duty on petrol and diesel to shield customers from the impact of the rise in petroleum prices. "We are coming around to arriving at a certain modus vivendi with respect to burden-sharing between the fiscal policy side, inflation, households and the oil marketing companies. So it has to be a balancing act," Nageswaran said.
