Shanghai Masters: Machac Stuns Alcaraz, Sets Up Semifinal Clash With Sinner

by Shambhu Datta Mishra

NEWS HIGHLIGHTS

Machac, playing in his quarterfinal in the Shanghai Masters, produced some of his most blistering tennis to neutralise the threat of the World No. 2, prevailing 7-6(5), 7-5

The Czech player led by a set in his first meeting with Alcaraz at the Davis Cup last month, but was forced to retire once the Spaniard had levelled the match

Machac will bid to level his Lexus ATP Head2Head series with Sinner after falling to a 6-4, 6-2 defeat in the quarterfinals of the ATP Masters 1000 in Miami

Shanghai, Oct 11: Playing in only his third quarterfinal on the ATP Tour, Czech star Tomas Machac brought an end to Carlos Alcaraz’s 12-match winning streak for the season, stunning the year's French Open and Wimbledon winner Thursday to reach the semifinals in the Shanghai Masters.

Machac, playing in his quarterfinal in the Shanghai Masters, produced some of his most blistering tennis to neutralise the threat of the World No. 2, prevailing 7-6(5), 7-5. In a match where both players produced high-quality tennis, the 23-year-old found another gear to record his second win over a Top-5 opponent (Djokovic, Geneva SF).

The Czech player led by a set in his first meeting with Alcaraz at the Davis Cup last month, but was forced to retire once the Spaniard had levelled the match. Machac made no mistake this time, however, striking 20 winners in a superb opening set before dismantling Alcaraz's serve in the third game of the second.

Alcaraz showed signs of a fightback after he had retrieved the break, but the Czech maintained his composure to seal victory in one hour and 54 minutes, winning 100 per cent (7/7) of points at the net in the second set, according to Infosys ATP Stats.

Machac, who opted to play an ATP Challenger Tour event instead of the Shanghai Masters last year, is now up to No. 25 in the ATP Live Rankings. He will face World No. 1 Jannik Sinner for a spot in the final after the Italian eased past Daniil Medvedev to reach his first Shanghai semifinal.

After becoming the fourth lowest-ranked semifinalist in Shanghai tournament history, Machac will bid to level his Lexus ATP Head2Head series with Sinner after falling to a 6-4, 6-2 defeat in the quarterfinals of the ATP Masters 1000 in Miami.

(IANS)

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India's Foreign Exchange Reserves See USD 3.7 Billion Dip After Scaling All-Time High

by Hemanta Pande

Mumbai, Oct 11: India's foreign exchange reserves dipped USD 3.7 billion to USD 701.18 billion as of October 4 after scaling all-time high, according to data released by Reserve Bank of India on Friday.

In the week ending on September 27, the forex reserves kitty rose USD 12.588 billion to USD 704.885 billion.

The reserves fell after having risen by nearly USD 35 billion in the last seven weeks.

This buffer of foreign exchange reserves helps insulate domestic economic activity from global shocks.

According to the latest data from the apex bank, India's foreign currency assets (FCA), the largest component of forex reserves, were at USD 612.643 billion.

The gold reserves are worth USD 65.756 billion, as per Friday's data.

As per estimates, India's foreign exchange reserves are now sufficient to cover over a year of projected imports.

In the calendar year 2023, India added about USD 58 billion to its foreign exchange reserves.

In contrast, India's forex reserves saw a cumulative decline of USD 71 billion in 2022. Forex reserves, or foreign exchange reserves (FX reserves), are assets held by a nation's central bank or monetary authority.

Foreign exchange reserves are generally held in reserve currencies, typically the US Dollar and, to a lesser extent, the Euro, Japanese Yen, and Pound Sterling.

The RBI closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions, aiming to contain excessive volatility in the exchange rate without reference to any pre-determined target level or band.

The RBI frequently intervenes in the market through liquidity management, including the sale of dollars, to prevent a steep depreciation of the rupee.

The RBI has been strategically buying dollars when the rupee is strong and selling when it is weak.

A less volatile rupee makes Indian assets more attractive to investors, as they can expect better performance with more predictability. (ANI)

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Janhvi Kapoor Shot In ‘Life Threatening’ Situations For ‘Devara: Part 1’

by Hemanta Pande

Mumbai, Oct 11: Actress Janhvi Kapoor was in life threatening situations while shooting for the song “Chuttamale” from the Jr. NTR-starrer “Devara: Part 1”.

Janhvi took to Instagram, where she shared some throwback moments from her shoot schedule in Thailand. She shared that she shot for the popular track in a jellyfish filled water. The actress also shared several moments from the shoot.

In a video, the actress shared a behind-the-scenes moment from the song “Chuttamale” and was heard saying: “This might be the most life threatening moment… I am going into jellyfish infested waters. Nothing but a thin silk saree to protect me. I hope I survive, I hope it is worth it. I hope it is a memorable shot.”

In another slide, she showcased the “beware” sign as the water is infested with Jellyfish, whose stinging cells in their tentacles can injure humans.

In one clip, the actress was seen talking about climbing “really sharp rock” and then coming to the dangerous waters. The clips were of the shoot, the actress making sand-castles, going to the location in a jetty and taking a selfie with Janvi making a funny face at the camera.

For the caption, she wrote: “Too late for some #Chuttamale BTS? I think not.”

Talking about the next part of the movie, filmmaker Koratala Siva it will feature the actress more.

He said: "She can bring plenty of freshness into the movie and have multiple dimensions to her character which will be unfolded in part 2. There is a lot of drama for her and surprising twists &amp; turns that could happen with her character.

"You will have to wait and watch part 2 to see more of Janhvi!" Siva said.

Talking about "Devara: Part 1", the film also stars Saif Ali Khan, Shruti Marathe, Prakash Raj, Srikanth, Shine Tom Chacko, Narain, Kalaiyarasan and Murali Sharma. (IANS)

Shanghai Masters: Machac Stuns Alcaraz, Sets Up Semifinal Clash With Sinner

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