At the R Premadasa Stadium in Colombo on Sunday, India defeated Sri Lanka by ten wickets thanks to a fantastic six-wicket spell bowled by Mohammed Siraj. India won its eighth Asia Cup, setting a new record. After captain Dasun Shanaka won the toss and chose to bat, the Rohit Sharma-led team dismissed Sri Lanka for 50 runs thanks to Siraj’s 6 for 21 in 7 overs. In the history of ODI cricket, Siraj took his first five wickets in 16 balls, which is also the joint fastest pace in the sport. Before Siraj gained control and kept the opposition from settling in, Jasprit Bumrah delivered the opening punch. Shubman Gill and Ishan Kishan easily defeated India in 6.1 overs during the pitiful chase.

India vs Sri Lanka, Asia Cup 2023 Final Match Highlights:

Records were broken as India defeated hosts Sri Lanka by 10 wickets in the Asia Cup final to reclaim the championship after a five-year hiatus. When Sri Lanka batted first, they were bowled out for a pitiful 50 runs because of the incredible six-wicket haul of opener Mohammed Siraj. In response, India completed the task in 6.1 overs with ease. The records that were programmed during the match are shown here.

When Sri Lanka lost its fifth wicket (12 for 5), they scored their lowest-ever ODI against India.

With a score of 12 for 6, Lanka became the first ODI team with an ICC full member to reach the sixth wicket in the series. It was in this match when Siraj claimed his 50th ODI wicket, coming off of 1,002 deliveries—the second-fastest of any bowler in the competition. Ajantha Mendis holds the record with 847 balls.

ALSO READ :> How much Exercise useful for children

The opening ten overs of the match saw India take six wickets, the highest for the team in the format to date. After Mendis, Siraj is the only bowler to reach six figures in an Asia Cup ODI. In this match, Lanka’s total score of 50 is the lowest in the format against India. It is also the lowest in any previous ODI final.

With six wickets for twenty-one, Siraj’s ODI record against Lanka is the greatest of any bowler. In the history of the ODI competition, this was only the second occasion that the bowlers took all ten wickets in a match. The second incident occurred in this tournament as well, when Pakistani seamers accomplished the feat in a group match that washed out against India. In the fewest overs of an ODI, Sri Lanka became the first full-member Asian team to be dismissed (15.2).

Siraj’s stats, second only to Anil Kumble’s 6 for 12 in the 1993 Hero Cup Final, are the best by any Indian pacer in an ODI final. Additionally, Siraj made cricket history by being the first Indian to take four wickets in an over. The least amount of balls of any bowler in an ODI, Siraj needed just 16 to take his fifth wicket of the match.

After Ashish Nehra, Siraj is the only player to reach six figures in an ODI against Sri Lanka. India has now won two ODI finals by ten wickets; the other was against Zimbabwe in Sharjah in 1998 (197 for 0). They are now the first team to do it. In addition to being the largest in an ODI final, it is also the largest ODI victory for the Indians in terms of balls left to spare (263).

The post India vs Sri Lanka Highlights, Asia Cup 2023 Final appeared first on Republic Aeon.

The bilateral document released by the Ministry of External Affairs (MEA) stated, “To establish a high-capacity power grid interconnection between India and Sri Lanka to enable bidirectional electricity trade between Sri Lanka and other regional countries, including the BBIN countries, which has the potential not only to reduce the cost of electricity in Sri Lanka but also to create a valuable and reliable source of foreign exchange for Sri Lanka.”

According to the bilateral document, the MOU on cooperation in developing renewable energy would develop Sri Lanka’s significant renewable energy potential, including offshore wind and solar. The MOU will allow Sri Lanka to reach its goal of generating 70 percent of its electricity needs from renewable sources by 2030.

The two countries have agreed to expedite the implementation of the Sampur Solar power project and LNG infrastructure agreement.

“To expedite implementation of the agreement reached on the Sampur Solar power project and LNG infrastructure, and to explore cooperation in green hydrogen and green ammonia through the use of innovative technologies with the objective of increasing the proportion of renewable energy in Sri Lanka’s power generation,” the joint statement reads.

On the basis of mutual understanding, India and Sri Lanka have agreed to further develop Trincomalee as a national and regional centre for industry, energy, and economic activity.

The bilateral document states, “The ongoing cooperation in the development of Trincomalee Tank Farms is a reflection of our efforts to develop mutually beneficial cooperation projects in the Trincomalee area, and we agreed to further develop Trincomalee as a national and regional hub of industry, energy, and economic activity based on mutual understanding.”

India and Sri Lanka have agreed to collaborate on the construction of a multi-product petroleum conduit from the southern part of India to Sri Lanka in order to provide Sri Lanka with an affordable and dependable energy supply.

Further, the bilateral document stated, “To undertake mutually agreed joint exploration and production of hydrocarbons in Sri Lanka’s offshore basins with the aim of developing Sri Lanka’s upstream petroleum sector.”

Colombo, Trincomalee, and Kankesanthurai, with the goal of consolidating regional logistics and cargo. Additionally, India and Sri Lanka agreed to reinstate passenger ferry service between Nagapattinam and Kankesanthurai.

The document released by India and Sri Lanka states, “To cooperate in the development of ports and logistics infrastructure at Colombo, Trincomalee, and Kankesanthurai in order to consolidate regional logistics and shipping.”
It continues, “To resume passenger ferry services between Nagapattinam, India, and Kankesanthurai, Sri Lanka, and to work towards the early resumption of ferry services between Rameshwaram and Talaimannar and other mutually agreed upon locations.”

Prime Minister Narendra Modi and Sri Lankan President Ranil Wickremesinghe signed the bilateral document during delegation-level talks in New Delhi. Prime Minister Narendra Modi stated on Friday that Sri Lanka holds a special position in India’s neighbourhood first policy and that the two countries’ security interests and development are intertwined.
In his remarks to the media following discussions with Sri Lankan President Ranil Wickremesinghe, the Prime Minister stated that the two countries have agreed to increase aviation connectivity.

Sri Lanka holds a crucial position in both India’s ‘Neighbourhood First’ policy and ‘SAGAR’ vision. We discussed bilateral, regional, and international issues today. The security and development interests of India and Sri Lanka are intertwined, according to the Indian prime minister.

Also read this :Earthquake in Jaipur: An earthquake of magnitude 4.4 strikes Rajasthan’s Jaipur

“We concur with the expansion of air travel between India and Sri Lanka. “We have decided to launch passenger ferry services between Nagapattinam, Tamil Nadu, and Kankesanturai, Sri Lanka, in order to increase trade and travel,” he added.

The post India, Sri Lanka to establish high-capacity power grid interconnection appeared first on Republic Aeon.

During his visit, the IAF Chief conferred with the State Minister of Defence, the National Security Advisor, and the Commanders of the Sri Lankan Air Force and Navy, according to the Indian Air Force.

“As part of his ongoing visit to Sri Lanka, CAS Air Chief Marshal VR Chaudhari met with the Honourable President, the State Minister of Defence, the National Security Advisor, as well as the Commanders of the Sri Lankan Air Force and Navy,” the Indian Air Force tweeted.

The bilateral discussions between the leaders confirmed the IAF’s unwavering commitment to Sri Lanka whenever India is requested.

In addition, the Chief of Air Staff (CAS) delivered a lecture at the esteemed Sri Lankan National Defense College.

The IAF Chief is presently on a 4-day official visit to Sri Lanka at the invitation of Air Marshal SK Pathirana, Commander of the Sri Lankan Air Force.

Also read this:G-20 disaster working group meet to be held in Mumbai

The visit will strengthen existing professional ties and bonds of mutual cooperation, according to an official statement from the Ministry of Defense.

The post IAF Chief VR Chaudhari Met Sri Lankan President Ranil Wickremesinghe appeared first on Republic Aeon.

The arrangement could serve as a model for addressing the debt issues of middle-income countries, which have been exacerbated in part by rising interest rates in the United States and Europe.

The Japanese Minister of Finance, Shunichi Suzuki, will participate alongside senior officials from India and France. Asia Nikkei predicts that President of Sri Lanka Ranil Wickremesinghe will participate online.

In addition, the International Monetary Fund, the World Bank, and other international organizations, as well as the private sector, will participate in the discussions regarding debt restructuring. The parties involved will coordinate the first meeting’s date and time.

After the coronavirus pandemic all but halted global travel, Sri Lanka’s primary source of income, tourism, plummeted. Incapable of repaying borrowed infrastructure funds from China and other nations, the nation defaulted in May of last year.

Asia Nikkei reports that China held 52% of Sri Lanka’s bilateral debt in June of last year. Japan was the second greatest creditor with a 20% share, followed by India with 12% and France with 3%.

Asia Nikkei reported that China has resisted reducing or canceling Sri Lanka’s debt. The debt restructuring has consequently been delayed. However, China did provide assurances in March that it would work out a debt solution for Sri Lanka in the coming months, allowing the South Asian island to secure a vital USD 2.9 billion bailout from the IMF. China’s participation or non-participation in the multilateral discussions is currently the central issue.

In 2020, the Group of 20, comprised of industrialized and emerging-market nations, established a common framework to resolve the debt issues of emerging economies. According to Asia Nikkei, only low-income countries are eligible for partial debt remission under the leadership of the IMF and other organizations.

Today’s high prices, caused by the pandemic and Russia’s invasion of Ukraine, are causing emerging economies severe pain. According to the World Bank, emerging economies will have an external debt of $9 trillion by the end of 2021, which is more than double what it was ten years prior.

Also read this:Key indices decreased in morning trade amid weak global cues

The debt crisis has spread beyond low-income countries, with Sri Lanka becoming the first middle-income country to default since the coronavirus outbreak. According to Asia Nikkei, if Sri Lanka’s default is resolved utilizing the new framework, it could serve as a template for future debt restructuring.

The post Japan, India organize Sri Lanka’s creditor meeting appeared first on Republic Aeon.