This team never gives excuses of conditions or pitch: Shastri
Chelmsford, July 25 : Rubbishing media reports that suggested that the Indian team decided to cut their originally scheduled four-day practice game against Essex to a three-day affair due to the nature of the pitch, head coach Ravi Shastri said the current unit isn't concerned about these issues.
Various media reports on Tuesday suggested that the Indian team management decided to cut their practice game by a day after taking a look at the pitch and the outfield.
"There was no complaint from the Indian management about anything. On this entire trip, you will never see an Indian team giving excuses with regard to conditions or the pitch," Shastri was quoted as saying by the BCCI website.
"One thing, on this trip, you will never see this Indian team giving an excuse as regarding conditions or the pitch. Our challenge is to beat them. We take pride in performing wherever we go and we want to be the best travelling side in the world.
"The last person to complain will be this Indian team, so I want to clarify this very clearly," he added.
Shastri also explained the "cricketing reason" behind the team's decision to curtail a day of practice before the first Test starts on August 1 in Birmingham.
"The game was reduced from four days to three because of the logistics and the weather prevailing," he said referring to the hot weather conditions. "We had an opportunity to practice three days in Birmingham which is the Test venue. If we had played four days here we would have lost one day there because of travel," he said.
"As simple as that because the prerogative whether to play a two-day, three-day or four-day game lies entirely with the travelling team," he added.
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RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra
Mumbai (PTI): Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.
The governor's statement came at a time when the rupee breached the 90-mark against the US dollar, and is hovering near that level.
"We don't target any price levels or any bands. We allow the markets to determine the prices. We believe that markets, especially in the long run, are very efficient. It's a very deep market," he said while replying to a question on rupee depreciation at a post-monetary policy press meet.
Malhotra said fluctuations in the market keep taking place, and the effort of the RBI is always to reduce any abnormal or excessive volatility.
"And that is what we will continue to endeavour," he added.
In its bi-monthly monetary policy, the RBI announced three-year USD/INR Buy Sell swaps of USD 5 billion this month.
When asked if the USD-INR swap is aimed at checking rupee depreciation, Malhotra said, "It is a liquidity measure. It is not to support the rupee".
Stressing that RBI does not target any level of rupee against the US dollar, he said the central bank allows "the rupee find its correct position, correct level".
The governor further said the country has sufficient foreign exchange reserves and the current account is manageable, and given the strong fundamentals of the economy, the country should witness good capital flows going forward.
Foreign portfolio investment (FPI) to India recorded a net outflow of USD 0.7 billion in 2025-26, so far (April-December 03), due to unabated withdrawal from the equity segment.
Flows under external commercial borrowings and non-resident deposit accounts moderated compared to the last year.
As of November 28, 2025, India's foreign exchange reserves stood at USD 686.2 billion, providing a robust import cover of more than 11 months.
The governor further said that, having reduced the policy rate (repo) by 25 basis points, the focus will now be on transmission of the rate cut to the real economy.
According to the RBI's November bulletin, the depreciation of the rupee in October was due to a stronger dollar, following the US Fed's policy announcement to lower the Federal funds rate.
Nevertheless, strong fundamentals, such as stable inflation, a resilient growth outlook for the Indian economy, a narrower current account deficit, steady services exports, robust private remittances, and robust foreign exchange reserves, have contributed to the rupee being the least volatile among emerging market and developing economies.
The rupee has performed better than the Euro, and its depreciation has been in line with that of other currencies, such as the Japanese Yen and the Korean Won (for April to November 2025-26).
The central bank has announced various measures over the last 3 years to diversify and expand the sources of foreign exchange funding, aiming to mitigate exchange rate volatility and dampen global spillovers.
The RBI bi-monthly policy in October had announced some measures to enhance the use of the rupee in international trade.
