Satwik-Chirag claim India's first men's doubles medal at World Championships
Tokyo(PTI): Satwiksairaj Rankireddy and Chirag Shetty on Friday scripted history by becoming the first Indian pair to win a medal in men's doubles competition at the World Championships after upsetting world number 2 Takuro Hoki and Yugo Kobayashi of Japan in the quarterfinals here.
The world number 7 Indian combination, which had claimed the Commonwealth Games gold medal earlier this month, outwitted the local favourites and defending champions 24-22 15-21 21-14 in an hour and 15 minutes to claim its maiden medal at the prestigious tournament.
It was India's second World Championships medal in the doubles event with Jwala Gutta and Ashwini Ponnappa claiming a bronze way back in 2011 in the women's doubles.
Having assured themselves of at least a bronze, Satwik and Chirag will now face the sixth seeded Malaysian pair of Aaron Chia and Soh Wooi Yik in the semifinals.
Earlier, MR Arjun and Dhruv Kapila's fine run came to an end after the Indian pair lost to three-time gold medallists Mohammad Ahsan and Hendra Setiawan in another men's doubles quarterfinals.
The unseeded Indian duo, which had some sensational wins this week, lost 8-21 14-21 to the third seeded Indonesian pair in less than 30 minutes.
The Indians had earlier defeated eighth seeds Kim Astrup and Anders Skaarup Rasmussen of Denmark in the second round.
Satwik and Chirag came out with a lot of intent as they dominated the proceedings early on to establish a lead of 12-5 in the first game but the Japanese pair reeled off seven points on the trot to eke out a 16-14 advantage.
However, the Indian duo was up for the task as it fought tooth and nail to ensure it had the advantage after the opening game. Takuro and Yugo made a strong comeback in the second game after breaking off at 9-9 following a tight battle.
With the match hanging in balance, the Indian pair once again found its bearings as the two strengthened their defence and mounted an attack to lead 11-5 at the interval.
Satwik and Chirag then extended the lead to 14-8 when the Indians were called for a fault for touching the net during a return. The duo lost the point but soon managed to put that behind, leading 16-9.
Yugo produced some sensational shots, including a powerful smash and a cross court return, to keep the Japanese duo's chances alive with three points.
Two shots going wide from the Japanese duo put India a couple of points away from the win at 19-13.
The Indians then grabbed seven match points with another superb return which their opponents failed to negotiate.
A tad nervous, Satwik faltered on his serve next but Yugo sent the shuttle to the net as Chirag let out a cry in celebration.
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Rupee falls 11 paise to 94.27 against US dollar in early trade
Mumbai (PTI): The rupee depreciated 11 paise to 94.27 against US dollar in early trade on Monday driven by persistent dollar demand and a broader shift toward safe-haven assets.
Forex traders said the Indian rupee has hit a rough patch, falling for five consecutive sessions, weighed down by a combination of factors such as the RBI loosening its grip on currency rules and rising oil prices caused by global tensions.
Moreover, investors are becoming cautious again, with foreign institutions pulling money out of the market after a brief period of buying amid rising geopolitical uncertainty.
At the interbank foreign exchange market the rupee opened at 94.25 against the US dollar, then lost some ground and touched 94.27 against the US dollar in initial trade, registering a fall of 11 paise over its previous close. On Friday, the rupee had settled at 94.16 against the American currency.
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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.09 per cent at 98.44.
Brent crude, the global oil benchmark, was trading higher by 1.16 per cent at USD 106.55 per barrel in futures trade.
A mix of softer economic signals and renewed, even if fragile, hopes of diplomacy pulled the dollar lower again, CR Forex Advisors MD Amit Pabari said, adding that for Rupee, on one hand, a softer dollar offers relief. On the other, uncertainty remains the dominant force.
Meanwhile, India’s forex reserves have crossed USD 703 billion as of April 17, reflecting a consistent build-up of buffers.
"For now, the rupee continues to lean toward gradual weakness. Uncertainty remains the dominant force, shaping both global flows and local reactions," Pabari said.
He further noted that any dips are likely to be bought into, with the 92.80–93.20 zone acting as a strong support. On the upside, 93.50 to 94.50 is expected to define the near-term range.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 518.96 points or 0.68 per cent higher at 77,183.17, while the broader Nifty was trading up 131.30 points or 0.55 per cent at 24,029.25.
Foreign Institutional Investors offloaded equities worth Rs 8,827.87 crore on Friday, according to exchange data.
