• England's James Anderson, centre, celebrates taking the wicket of India's captain Virat Kohli on the first day of the third Test in Headingley. AFP
    England's James Anderson, centre, celebrates taking the wicket of India's captain Virat Kohli on the first day of the third Test in Headingley. AFP
  • England's James Anderson, right, celebrates the dismissal of Virat Kohli. AP
    England's James Anderson, right, celebrates the dismissal of Virat Kohli. AP
  • England's Craig Overton, right, celebrates with teammates after the last wicket of India's Mohammad Siraj in Leeds. AP
    England's Craig Overton, right, celebrates with teammates after the last wicket of India's Mohammad Siraj in Leeds. AP
  • England's Craig Overton, center, reacts after dismissing India's Mohammad Siraj. AP
    England's Craig Overton, center, reacts after dismissing India's Mohammad Siraj. AP
  • Sam Curran celebrates after taking the wicket of Jasprit Bumrah. Getty
    Sam Curran celebrates after taking the wicket of Jasprit Bumrah. Getty
  • India's Rohit Sharma reacts as he walks off the field after losing his wicket in Leeds. AP
    India's Rohit Sharma reacts as he walks off the field after losing his wicket in Leeds. AP
  • England's Ollie Robinson celebrates with team mates after taking the wicket of Rishabh Pant. Getty
    England's Ollie Robinson celebrates with team mates after taking the wicket of Rishabh Pant. Getty
  • Rishabh Pant dives to make his ground during day one of the third Test. Getty
    Rishabh Pant dives to make his ground during day one of the third Test. Getty
  • England's James Anderson and Craig Overton had a great day at Headingley. Getty
    England's James Anderson and Craig Overton had a great day at Headingley. Getty
  • England captain Joe Root reacts after injuring his thumb. Getty
    England captain Joe Root reacts after injuring his thumb. Getty
  • A young fan holds a placard as Virat Kohli walks back after losing his wicket. AP
    A young fan holds a placard as Virat Kohli walks back after losing his wicket. AP

India lose four wickets for no runs to be bowled out for 78 in Leeds Test - in pictures


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India suffered their second major batting collapse in recent times as they were bundled out for 78 on the opening day of the third Test against England at Headingley, Leeds, on Wednesday.

The Indians were shot out for 36 in the pink-ball Test in Brisbane against Australia last year, before they completed a stunning turnaround to seal a series win. In England, it was the other way around as India had entered the third match of the series with a 1-0 lead. But helpful conditions and a rampant James Anderson brought them back down to earth quickly.

Anderson took 3-6 in eight overs, including the wicket of India captain Virat Kohli, who must have regretted his decision to bat first.

Both Sam Curran and Craig Overton took two wickets in two balls after lunch, with Overton finishing with 3-14 in 10.4 overs after being recalled in place of injured quick Mark Wood.

India were 67-5 before losing four wickets for the same score in six balls to be bowled out inside 41 overs. This was India's lowest Test total against England since being dismissed for 42 at Lord's in 1974.

Rohit Sharma (19) and vice-captain Ajinkya Rahane (18) were the only India batsmen to reach double figures.

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180 Petrofac employees laid off in the UAE

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Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

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Updated: August 25, 2021, 3:42 PM