India's forex reserves drop below USD 700 bn
Mumbai (PTI): India's forex reserves fell by USD 276 million to USD 699.96 billion during the week ended October 3, according to RBI data.
In the previous reporting week, India's forex reserves had dropped by USD 2.334 billion to USD 700.236 billion.
For the week ended October 3, foreign currency assets, a major component of the reserves, decreased by USD 4.049 billion to USD 577.708 billion, the data released on Friday showed.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Value of the gold reserves increased by USD 3.753 billion to USD 98.77 billion during the week, the RBI said.
The Special Drawing Rights (SDRs) were up by USD 25 million to USD 18.814 billion, the central bank said.
India's reserve position with the IMF declined by USD 4 million to USD 4.6669 billion in the reporting week, the apex bank data showed.
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Mohsin's fifer helps LSG restrict KKR to 155/7 despite Rinku's 83
Lucknow (PTI): Lucknow Super Giants pacer Mohsin Khan added another sordid chapter to Kolkata Knight Riders' batting woes, taking five wickets to restrict the three-time champions to a modest 155 for seven in their IPL match here on Sunday.
Mohsin’s 5 for 23, a personal best for the left-arm pacer in this format, tore apart an already struggling KKR batting unit, as he snaffled the cream wickets of Ajinkya Rahane, Tim Seifert, Cameron Green, Rovman Powell and Anukul Roy.
Rinku Singh (83 not out, 51 balls) made a well-paced fifty and punished Mohammed Shami in the 19th over for 6, 4, 4 and the smoked four sixes in a row against spinner Digvesh Rathi as KKR made 43 runs in the last two overs to go past the 150-run mark.
But his fifty remained a lone act, as Mohsin firmly stood in the limelight.
His bowling ethos were rooted in simple tactics — bang the ball into the black soil pitch to gain bounce or use cutters at various pace to keep the batters guessing.
Mohsin, who started the night with a wicket maiden, showed his variety across two dismissals.
He followed Rahane with a fuller ball as the batter tried to go over the covers, but the ball’s trajectory forced the KKR skipper to just slice the ball up for a simple catch for Aiden Markram.
The 27-year-old stayed calm when Green, who looked comfortable out there while smashing George Linde for two successive sixes, slammed him for a huge maximum.
Two balls later, Mohsin dug one short, challenging Green (34) to go for the pull and the Australian all-rounder took the bait.
The into-the-body angle worked again as Green could only sky the ball to wicketkeeper Rishabh Pant.
Green’s ouster also ended a fifth wicket alliance worth 42 with Rinku Singh.
Bizarre dismissal of Raghuvanshi
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If the existing turmoil was not enough, KKR had to bear the dejection of seeing Angkrish Raghuvanshi getting dismissed obstructing the field.
On the final ball of the fifth over from Prince Yadav, Raghuvanshi nudged one towards mid-on and set off for a single, only to be rejected by Green.
Raghuvanshi put in a dive to save himself but he came in the line of the throw from Shami.
Subsequently, third umpire Rohit Pandit accepted LSG’s appeal and decided that the batter’s turning radius was more than required, eventually resulting in the batter’s dismissal in a rare manner.
