Rahul Dravid finished the day unbeaten on 177 after the first day's play.
Rahul Dravid finished the day unbeaten on 177 after the first day's play.
Rahul Dravid finished the day unbeaten on 177 after the first day's play.
Rahul Dravid finished the day unbeaten on 177 after the first day's play.

Dravid enjoys centre stage


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Rahul Dravid has spent most of his own distinguished career in the shadow of greatness cast by Sachin Tendulkar but he reminded everyone that India have produced two great batsman of the modern area with a masterful century in Ahmedabad yesterday. Standing at the other end with his side on the ropes at 32 for four, Dravid counter-punched India out of trouble and into the most commanding of positions at the end of day one at 385 for six.

Yuvraj Singh made a fluent 69 and the captain MS Dhoni completed a second Test match century as India showcased the depth of their famed batting line-up to rack up their highest ever first-day score. But the day was all about Dravid. The fans flocked to the ground in Gujarat to celebrate the 20th anniversary of Tendulkar's Test debut but they headed for the exit gates saluting the brilliance of the redoubtable right-hander. The player nicknamed "The Wall" will resume on 177 this morning after firmly cementing his place alongside the greats of the game with his 27th Test century.

In the process of posting his 10th score of 150 or more, Dravid moved up to fifth, above Steve Waugh, in the list of leading Test run-getters and passed the landmark of 11,000 runs in the long form of the game. Only Allan Border, Ricky Ponting, Brian Lara and Tendulkar have scored more. Threading the ball through the offside with a series of grass-cutting drives and pulls, Dravid produced a chanceless innings and the only sniff he gave the Sri Lanka bowlers came when an edge off the disappointing Muttiah Mura- litharan fell just short of Mahela Jaywardene at slip when on 94.

He punished the ball with ruthless efficiency and seemed to have benefited from playing four-day cricket with Karnataka in the Ranji Trophy while the rest of his teammates have been relentlessly playing limited overs cricket for the past seven months. Given the concentration, focus and fluency he played with yesterday, you would not be surprised to see Dravid eclipsing his best score of 270 today, providing he does not run out of partners.

Partnership building has been a feature of Dravid's decorated 13-year Test career and his 125-run liaison with Yuvraj and 224-run union with Dhoni means he has now shared in a world-record 77 century partnerships. If the partnership with Yuvraj rebuilt the innings then the stand with Dhoni established a potentially match-winning position for the home side who will finish this three-match series as the No 1 ranked side in the world with a 2-0 victory.

Dhoni's thoughts, however, would have been on saving the match after his side, who appeared to be still in one-day mode, made the worst possible start after winning the toss. The rookie Sri Lanka new-ball pairing of Dammika Prasad and Chanaka Welegedara in particular, caused havoc in the opening half-hour of play to leave India reeling. Welegedara, the left-armer seamer and probable successor to Chaminda Vaas, had only taken four Test wickets before yesterday but added the prize scalps of Gautam Gambhir, Sachin Tendulkar and Virender Sehwag in the space of four overs.

The way he bowled Tendulkar, for just four, with one that swung back and bowled the "Little Master" will be one he will treasure for a long time. It was a delivery Wasim Akram would have been proud of. When Prasad, the bustling right-armer, beat the defence of VVS Laxman, Sri Lanka were in the box seat while India were fearing a repeat of their last Test in Ahmedabad, when they were shot out for 76 by South Africa.

But in tandem with Yuvraj and Dhoni, who was out just before the close, Dravid repaired the earlier damage and is now eyeing another double century. @Email:kaffleck@thenational.ae

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Price, base: Dh1,731,672

Engine: 6.5-litre V12

Gearbox: Seven-speed automatic

Power: 770hp @ 8,500rpm

Torque: 720Nm @ 6,750rpm

Fuel economy: 19.6L / 100km

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Stars:Bradley Cooper, Cate Blanchett, Rooney Mara

Rating: 3/5

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Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

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Gender pay parity on track in the UAE

The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.

"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."

Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.

"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.

As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general. 

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Translated from the Spanish by Camilo A. Ramirez

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Established: 2008

Prize money:  $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.

Winning novels: 13

Shortlisted novels: 66

Longlisted novels: 111

Total number of novels submitted: 1,780

Novels translated internationally: 66

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Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

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