Abhishek Jhunjhunwala unfurls a square drive during his unbeaten half-century for the Rajasthan Royals yesterday.
Abhishek Jhunjhunwala unfurls a square drive during his unbeaten half-century for the Rajasthan Royals yesterday.

Sehwag joins the party as Daredevils overcome Royals



Virender Sehwag struck a destructive half-century as Delhi Daredevils secured a six-wicket victory over Rajasthan Royals in the Indian Premier League (IPL) in Ahmedabad last night. The Royals, put into bat, squandered a good start and were restricted to a below-par 141 for six despite a steady 53 from Abhishek Jhunjhunwala.

Sehwag then smashed a ferocious 75 off 34 deliveries and Dinesh Karthik made an unbeaten 23 as the Daredevils eclipsed that target in 17.1 overs to hand the Royals their second straight defeat. The Royals' innings began in blazing fashion but soon fizzled after a clatter of wickets. The opener Swapnil Asnodkar (five) was caught by Tillakeratne Dilshan off the bowling of Dirk Nannes in the second over, Naman Ojha (24) departed immediately after hitting Amit Mishra for consecutive fours and a six and Graeme Smith (18) holed out in the deep after showing positive intent during his 17-ball knock.

The Royals suffered a further setback when Farveez Maharoof, who was smashed for 24 in his first two overs with the new ball, snared Yusuf Pathan, who had hit a century off just 37 balls on Saturday, for a five-ball duck. Those blows brought Jhunjhunwala and Paras Dogra (29) together but the Royals' recovery was painfully slow, and the next five overs yielded a paltry 12 runs. The duo lifted the total with a 60-run stand, but just when they looked ready to take the attack to the Daredevils, Dogra was run out and the Royals again lost steam.

Jhunjhunwala was soon left to fight a lone battle and the middle-order batsman reached his maiden IPL half-century with a boundary off the last delivery, his knock coming off 45 balls. Sehwag, a failure in the previous game against Kings XI Punjab, got the Daredevils' chase off to a fiery start, but Dimitri Mascarenhas gave the Royals a glimmer of hope by removing opener Gautam Gambhir (nine) and Dilshan with consecutive deliveries.

Those blows only seemed to spur Sehwag and he continued with renewed vigour. The right hander, who was reprieved on 41 by Shaun Tait, reached his half-century off only 21 deliveries and added 25 more to his score before Smith held a brilliant catch to get rid of the opener. Sehwag's blitz left the Daredevils needing only 42 from the last 10 overs, but the wicket of AB de Villiers (15) provided another twist and the visitors - for the second time in as many matches - laboured over the finish line. * With agencies

Rajasthan Royals: Swapnil Asnodkar c Dilshan b Nannes 5 Graeme Smith c Sehwag b Sangwan 18 Naman Ojha b Mishra 24 Yusuf Pathan c de Villiers b Maharoof 0 Abhishek Jhunjhunwala not out 53 Paras Dogra run out (Gambhir/Mishra) 29 Dimitri Mascarenhas run out (Mishra/Karthik) 3 Amit Uniyal not out 4 Extras (w 5) 5 Total (for six wickets in 20 overs) 141 Fall of wickets: 1-14, 2-45, 3-46, 4-50, 5-110, 6-115 Bowling: Farveez Maharoof 4-0-32-1 Dirk Nannes 4-0-27-1 Amit Mishra 4-0-34-1 Pradeep Sangwan 4-0-20-1 Sarabjit Ladda 4-0-28-0 Delhi Daredevils: Gautam Gambhir c Smith b Mascarenhas 9 Virender Sehwag c Smith b Patel 75 Tillekaratne Dilshan c Ojha b Mascarenhas 0 AB de Villiers c sub (FY Fazal) b Warne 15 Dinesh Karthik not out 23 Mithun Manhas not out 11 Extras (b 1, lb 3, w 5) 9 Total (for four wickets in 17.1 overs) 142 Fall of wickets: 1-42, 2-42, 3-99, 4-114 Bowling: Dimitri Mascarenhas 4-0-31-2 Shaun Tait 4-0-26-0 Munaf Patel 3-0-32-1 Amit Uniyal 2-0-25-0 Shane Warne 4-0-22-1 Abhishek Jhunjhunwala 0.1-0-2-0

COMPANY%20PROFILE
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How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

CRICKET%20WORLD%20CUP%20QUALIFIER%2C%20ZIMBABWE%20
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Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

'Midnights'
%3Cp%3E%3Cstrong%3EArtist%3A%3C%2Fstrong%3E%20Taylor%20Swift%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ELabel%3A%3C%2Fstrong%3E%20Republic%20Records%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

The%20specs
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The%20specs%3A%20Macan%20Turbo
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Israel Palestine on Swedish TV 1958-1989

Director: Goran Hugo Olsson

Rating: 5/5

Specs

Price, base: Dhs850,000
Engine: 3.9-litre twin-turbo V8
Transmission: Seven-speed automatic
Power: 591bhp @ 7,500rpm
Torque: 760Nm @ 3,000rpm
Fuel economy, combined: 11.3L / 100km

Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
The Gandhi Murder
  • 71 - Years since the death of MK Gandhi, also christened India's Father of the Nation
  • 34 - Nationalities featured in the film The Gandhi Murder
  • 7 - million dollars, the film's budget 
The specs
Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900 

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Company%20Profile
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Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

BORDERLANDS

Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis

Director: Eli Roth

Rating: 0/5

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

ICC T20 Team of 2021

Jos Buttler, Mohammad Rizwan, Babar Azam, Aiden Markram, Mitchell Marsh, David Miller, Tabraiz Shamsi, Josh Hazlewood, Wanindu Hasaranga, Mustafizur Rahman, Shaheen Afridi

COMPANY%20PROFILE%20
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Company%20Profile
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Match info

Arsenal 0

Manchester City 2
Sterling (14'), Bernardo Silva (64')


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