IPL allows temporary replacements considering non-availability of a few foreign players
New Delhi, May 14 (PTI): The Indian Premier League on Wednesday allowed teams to make temporary replacements in their squad for the remainder of the tournament considering the non-availability of a few foreign players owing to the forced rescheduling of the event.
IPL had to be suspended last week due to the India-Pakistan military conflict but the announcement of the ceasefire paved the way for its resumption on May 17.
As per the original schedule, the IPL final was to be held on May 25 but now it will take place on June 3, making it trickier for the players who had to report for national duty.
While a few players are not returning due to personal reasons, the likes of Jamie Overton, representing CSK this season, will stay back in the UK for the white-ball series against the West Indies at home.
In an email to franchises which was accessed by PTI, IPL informed the teams of the temporary replacement player option.
"... in the current situation, where we had to temporarily suspend IPL 2025, resulting in its completion beyond the earlier set-out date of May 25, 2025, we have reassessed the Replacement Player provisions.
"Given the non-availability of certain foreign players due to national commitments or personal reasons or any injury or illness, Temporary Replacement Players will be allowed until the conclusion of this tournament.
"This decision is subject to the condition that the Temporary Replacement players taken from this point forward will not be eligible for retention in the following year," IPL said in its note.
As per the IPL Player Regulations 2025-27, players can be replaced if they are injured or ill, provided the injury or illness occurs during or before the 12th league match of the relevant team in that season.
"Temporary Replacement players will have to register for the IPL Player Auction 2026. The replacements which were approved or taken before the suspended period will be eligible for retention ahead of 2026 player auction," the note added.
The rescheduling is likely to impact the preparation of South Africa and Australia for the World Test Championship final beginning at Lord's on June 11.
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Rupee rises 28 paise to 92.86 against US dollar in early trade
Mumbai (PTI): The rupee jumped 28 paise to 92.86 against the US dollar in early trade on Friday amid hopes of easing geopolitical tensions and positive sentiment in domestic equity markets.
Buying of Indian equities by foreign investors also supported the local currency even though it stayed under pressure due to a firm dollar, forex traders said.
At the interbank foreign exchange market, the rupee opened at 92.93 and gained further to trade at 92.86 against the greenback in early deals, up 28 paise from the previous closing level.
On Thursday, the rupee strengthened 19 paise to settle at 93.14 against the US dollar.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.05 per cent at 98.07.
Brent crude, the global oil benchmark, was trading 1.16 per cent down at USD 98.24 per barrel in futures trade.
Analysts said that crude oil prices fell below USD 100/barrel amid expectations that the crisis in West Asia would soon come to an end.
In a latest development on the geopolitical front, China, a close ally of Iran and the largest importer of Iranian oil, has asked Tehran to ensure freedom and safe passage through the Strait of Hormuz, a key international trade route.
Besides, Israel and Lebanon have agreed to a 10-day ceasefire, which could also boost the peace efforts towards ending the devastating war involving the US, Israel and Iran.
On the domestic equity market front, the 30-share Sensex gained 176.08 points or 0.23 per cent to 78,164.76 in early trade, while the Nifty rose 33.90 points or 0.14 per cent to 24,232.60.
Foreign Institutional Investors turned net buyers on Thursday, as they bought equities worth Rs 382.36 crore, according to exchange data.
