#MaukaMauka : Spoof Video By TVF

 The Indian team has decided, this time no mauka will be given to any other team. After UAE, South Africa and neighbours Pakistan, its time for West Indies to play against the Indian team and by this time they should be pretty intimidated.

This hilarious video (with bad acting; kidding, they’re awesome) by TVF is kind of clairvoyant, because it predicts exactly what will happen in the upcoming IndvsWI match when they play by the motto of “Sab Ki Phodenge”.

Go team India. #WontGiveItBack

This World Cup is twice the fun because of the hilarious ‘mauka mauka’ ads and their numerous response videos. From the super viral India vs SA spoof to the animated Viral Kohli one, from theIndia vs UAE to the latest India vs West Indies, one thing’s for sure: the fun ain’t stopping soon.

This amusing video by Be YouNick brings a clever IPL twist to the whole plot.

What fun!

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India vs UAE Live Match Streaming #IndvsUAE

Watch live cricket streaming online & enjoy live cricket scores of India vs UAE from Cricket World Cup 2015

If for any reason you get stuck in office or just don’t like having a TV, then you can still watch cricket world cup 2015 live on tablet or watch cricket world cup 2015 live online on desktop.

CLICK TO WATCH ICC WORLD CUP 2015

CLICK TO WATCH ICC WORLD CUP 2015

CLICK TO WATCH ICC WORLD CUP 2015

You can watch by clicking on the following links also

http://matchcentre.starsports.com/cricket/icc-cricket-world-cup-2015-164/india-vs-southafrica-173991/live-video?__utma=231891677.2127796657.1421546971.1424099753.1424570857.5&__utmb=231891677.2.10.1424570857&__utmc=231891677&__utmx=-&__utmz=231891677.1424570857.5.3.utmcsr=google|utmccn=(organic)|utmcmd=organic|utmctr=(not%20provided)&__utmv=-&__utmk=118200778

http://www.tensports.com/event/cricket/icc-cricket-world-cup-2015

http://cricketworldcuplivestreaming.com/

http://crichd.in/live/live-cricket-streaming

http://www.inquisitr.com/1854761/watch-india-vs-south-africa-cricket-live-online-2015-icc-world-cup-streaming-video/

http://www.livecricketstreaming.net/live-cricket-streaming/

http://www.stream2watch.me/sports/cricket

http://www.infokeeda.in/

Another thing to note is, the national broadcaster, Doordarshan is all set to telecast the World cup matches in India for free. Also, there are services which streams Doordarshan channel live  (Update: Also, ZengaTV ), and they can be of some help to watch some of the world cup matches online.

Elsewhere, you would need to rely upon the services offered by the respective broadcasters. In Australia, the Channel 9 network and Fox sports will be broadcasting the cricket world cup on television. In order to live stream the world cup, check Cricket Australia Live .

Audience in the UK can watch the cricket world cup matches on Sky Sports 2 (now Sky Sports World Cup) or live stream via Sky Go , which will again need subscription. Another option is NowTV . Rest of Europe can watch the matches live on Eurosport 2 . In Pakistan, either PTVSports  or Ten Sports  can be used for cricket live streaming. Those in Middle East can check out OSN  who have got the broadcasting and digital rights in the region.

Everyone else can look up to SuperSport  for the live streaming

If you’re old school and prefer to listen to the live commentary of ICC Cricket world cup matches, they are available for free (geo restricted again) via BBC’s Tets match special service. Head over to http://www.bbc.co.uk/5livesportsextra/on-air  to listen to the commentary on the web, or install iPlayer Radio app on your mobile devices. Needless to say, you can install one of the Free VPN services like TOR to bypass the geo-restriction.

cricket world cup 2015 live streaming

#UnionBudget2015: Expectations

Budget 2015-16 : 10 major economic challenges.

The countdown to the NDA government’s most important economic statement has begun and this noon Narendra Modi and Finance Minister Arun Jaitley will let us know whether Budget 2015-16 is going to set the Yamuna on fire or will just be more of the same.

A caveat is in order: central budgets tend to get a huge billing in the media that is often out of proportion to their actual transformative potential. What happens in the remaining 364 days may matter more for the economy than what is said or done on budget day.

But some budgets do matter more than others. Manmohan Singh’s 1991 and 1992 budgets, for instance. They completely redirected the economy towards a market orientation. The first two budgets of any incoming government are also indicative of government intent, and so can be given higher importance than the rest that follow.

In this context, Arun Jaitley’s second budget, due on Saturday, 28 February – perhaps the one for which he has had more time to think and prepare – may be more important that his first, which was dismissed by one commentator as “Chidambaram’s budget with a saffron lipstick”. Jaitley has missed on opportunity to score; he can’t afford to miss a second time.

It is best not to speculate on what the finance minister will do and instead focus on what his challenges are. We can then check how his budget proposals tend to deal with these challenges. Budget 2015-16 has to be measured against 10 major economic challenges.

#1: The first challenge is reviving growth. Last year it was about dousing the fires of inflation; this time it is about reviving the investment cycle, now that inflation, as measured by any yardstick, seems tamed. Jaitley’s problem is that the animal spirits seen in the stock markets are missing when it comes to plonking down new money for new projects and investments, especially in infrastructure.

The reason is simple. As the Mid-Term Economic Analysis by Chief Economic Advisor Arvind Subramanian noted last December, India is facing a balance-sheet slowdown, a situation where the private sector is trying to pare down excess debt rather than invest. In this situation, he said, “it seems imperative to consider the case for reviving public investment as one of the key engines of growth going forward, not to replace private investment but to revive and complement it.”

His diagnosis is right, but his solution calls for care.

#2: This brings up the second challenge: fiscal deficit. How do you raise public investment without abandoning the fiscal deficit roadmap? How do you raise more money without just printing it, like the last government did? If the answer is to just let the deficit bloat, there is the risk of stoking inflation once more. Reserve Bank GovernorRaghuram Rajan, a skeptic on whether inflation is really dead or merely playing dead, will certainly not take kindly to any fiscal riot on Jaitley’s part.

One possibility is to continue on the fiscal path, but a bit more slowly that earlier planned. From 4.1 percent in 2014-15, the old roadmap talked of bringing this down to 3.6 percent in 2015-16 (which is what the next budget is for), and further to 3 percent in 2016-17. One sensible answer at a time when growth is slowing, both domestically and abroad, is to reduce the rate of deficit reduction. But a reduction of 0.2 percent instead of 0.5 percent will only yield around Rs 30,000 crore of additional leeway. Hardly the kind of energiser the economy needs right now.

#3: The critical challenge is thus raising additional money for public investment. Minister of State for Finance Jayant Sinha has talked of raising public investment by $25-50 billion. That’s Rs 1,50,000-3,00,000 crore at current rupee-dollar exchange rates. If the fiscal deficit easing gives him only Rs 30,000 crore, Jaitley will be Rs 1,20,000 crore short even at the bottom end of his targeted public investment range. Where will this level of additional money come in?

Jaitley has his plate of challenges full for one day. The rest he can handle in the 364 days after the budget is presented. PIB

Two answers are already at hand and have been tried before. One is spectrum auctions at higher prices, which is already happening, and the other is raising more money from disinvestment and/or privatisation of state-owned assets. The government expects the auction of 3G and 2G spectrum in March to yield an additional Rs 25,000 crore in 2014-15 – and the balance of Rs 50,000-80,000 crore in subsequent years. Disinvestment is expected to yield another Rs 43,000-and-odd crore this year. With Coal India raising Rs 22,000-and-odd crore, that’s half the job done. But this pace of disinvestment will have to be stepped up in 2015-16 and beyond if the required moolah for public investment has to be drummed up. The best option is for the Modi government to start privatising non-core public sector assets like second-rung banks.

But for privatisation you not only need political will but a market in high spirits. We can’t count on the party to continue indefinitely. Other sources of non-tax revenue will also need to be discovered.

#4: More money will be needed to meet expected non-linear increases in expenditures. This is Jaitley’s fourth challenge. His fiscal deficit pressures are bound to be compounded by two additional claims on resources over the next two years: the recommendations of the 14th finance commission headed by former RBI Governor YV Reddy, which is sure to recommend a higher level of resource transfers to states; and the report of the Seventh Pay Commission for government employees, which too will recommend pay increases and impact central and state expenditures from 2016-17 onwards.

While resource transfers are not necessarily bad for growth since they will shift spending from centre to states and create new consumption demand from millions of government employees, the efficiency of public spending cannot be guaranteed. For public investments to rise and flow to critical areas like infrastructure, the centre will need more resources from unconventional sources. What could these be?

#5: Tapping black money through amnesty schemes will be one such option. Here, the challenge is not just to devise a scheme that will work, but to negotiate the political quicksand that is bound to develop, thanks to the unusual interest the Supreme Court is developing in bringing back black money from abroad. A Special Investigation Team is already at the job, and any amnesty scheme will raise judicial eyebrows a notch higher.

The problem is black money has been converted from an economic and ethical issue to one with very high moral overtones, and so sensible suggestions can backfire in the court of public opinion. However, with many major elections out of the way, and with a majority of its own in the Lok Sabha, the BJP can take a bold decision on this front. A no-questions-asked, zero-coupon tradable bearer bond could find lots of takers provided those declaring unaccounted money are guaranteed anonymity.

#6: Another challenge is to cut unproductive expenditures, including non-merit subsidies. A good start in this area has been made by the NDA government’s bold decision to shift LPG subsidies to cash paid directly into consumers’ bank accounts. More than 50 percent of consumers have already been shifted to this route, and all will be on direct cash transfers by 1 April. Hopefully, this will cut out bogus claimants, but once can’t be sure. Subsidy cuts will thus save little till the harder jobs of eliminating those ineligible for it are identified. This could even happen with LPG, but the real challenge is to try this out in politically more sensitive areas like kerosene, food and fertiliser subsidies. That may take a couple of years, and so the savings in 2015-16 may just be a small drop. But it has to be done.

#7: If costs can’t be cut fast, the next challenge is to get more tax and non-tax revenues. Jaitley has promised to implement the goods and services tax from 1 April 2016-17, which means any revenue gains will not happen next year as states and centre haggle over what goes into GST and what will be kept out. Even then, revenue growth may be tepid in the first year as the economy adjusts to the new tax. First year glitches in implementation and heartburn cannot be ruled out.

A second option is to get more out of existing investments in the public sector. In 2013-14, P Chidambaram extracted more dividends out of Coal India, but this process cannot be done endlessly. At some point Coal India, or other public sector companies like ONGC and Indian Oil, have to start investing, which means they have to retain more of their profits. The only way to get more out of them is by making them more efficient. It can’t be done in one year, but 2015-16 should at least attempt it.

#8: Tackling rural distress is another challenge. Thanks to slow growth over the last two years and the resultant slowdown in government spending, rural incomes are under pressure and wage growth has been very weak of late. This social problem cannot be ignored by any government as half the country depends on agriculture. With global food prices weakening, raising minimum support prices by large amounts is also not an option – especially in the context of the need to cut down the fiscal deficit.

This is where public spending on infrastructure comes in. If government addresses the challenge of raising more resources for public investment successfully, it will automatically be able to put more money in rural hands, and relieve rural distress.

#9: Generating confidence in the middle class is also important. While business investment spending has been weak, consumers too have been holding back. For example, the Index of Industrial Production showed drops of 35.2 percent and 14.5 percent in consumer durables spending in October and November 2014 – the latest months for which data were available at the time of writing. Putting money in the hands of the urban and semi-urban middle classes, including the lower middle classes, is important. The only way to do it is to cut income-tax rates. And this has to be managed without losing too much by way of revenue. Tough.

#10: Direct tax reforms must be pushed through. Implementing a simple and efficient direct taxes code, with higher exemptions for savings, and fewer exemptions for businesses, combined with a less adversarial tax regime, is overdue. Part of the code needs legislation through the financial bill, but more of it needs administrative empowerment and transparency in dealing with assesses. The government’s recent decision to not challenge a high court judgment in the Vodafone transfer pricing case is a good example of an effort to reduce tax terrorism. Advance agreements on such vexatious issues are another idea whose time has come. If business tax loopholes are reduced, then the minimum alternate tax can either be reduced of abolished in stages. Right now, tax concessions given with one hand are taken away partially through MAT. Not a rational state of affairs.

Jaitley has his plate of challenges full for one day. The rest he can handle in the 364 days after the budget is presented.

(A slightly different version of this article was first published in Forbes India 6)

10 Things to watch out in Union Budget

The stage is set for finance minister Arun Jaitley to present his first full-budget on Saturday amid heightened expectations that he would raise people’s spending power by offering tax breaks and would announce measures to make India an investment-friendly nation.

Here are 10 things you should watch out for in the finance minister’s speech:

1) The annual tax exemption limit – the threshold income level below which you are not required to pay taxes – stands at Rs 2.5 lakh per annum. The FM is expected raise this to Rs 3 lakh per annum. This will give more money to people to spend and save.

2) The FM could also rejig the income-tax slabs. Currently, income below Rs 2.5 lakh a year is not taxed; annual income of Rs 2.5 lakh to Rs 5 lakh is taxed at 10%; income between Rs 5 lakh to Rs 10 lakh? is taxed at 20%, while income above Rs 10 lakh attracts a tax of 30%. A change in the slabs, along with a hike in the exemption limit, will raise the salaried class’ disposable income, enabling more spending and pushing for goods such as cars.

3) Currently, you can claim a tax deduction of Rs 1.5 lakh a year for investments made in a select group of financial savings instruments such as life insurance premium, public provident fund (PPF) and tax savings mutual funds under the popular “Section 80 (C)” scheme of the I-T Act. The FM could raise this limit to Rs 2 lakh a year. This will boost financial savings and also reduce your tax burden.

4) The FM could offer something for home loan borrowers to cheer. Currently, if you have an existing home loan, you can claim tax deduction on the interest paid of up to Rs 2 lakh a year. There is anticipation that Jaitley could raise this to Rs 2.5 lakh, reducing your tax outgo.

5) Salaried individuals can claim tax-free reimbursement of medical expenses every year from their employers, but only up to Rs 15,000 a year. Despite rising medicine, diagnostic and hospitalisation costs, this limit has remained stuck at Rs 15,000 for more than a decade. All eyes will be on Jaitley on whether he raises tax-free medical expense claims ceiling from Rs 15,000 to about Rs 30,000 a year.

6) Bank fixed? deposits (FDs) are popular savings instruments because of convenience and also because these are quasi-liquid assets. However, to claim tax incentives, one has to lock-in money in FDs for at least five years. This puts them at a disadvantage vis-a-vis mutual funds which enjoy a three-year lock-in for tax incentives under Section 80 (C). The FM is widely expected to bring FDs on par with mutual funds and reduce the lock-in time to three years.

7) In 2013, then finance minister P Chidambaram had introduced a so-called “super-rich” tax – a 10% surcharge for those with taxable incomes of above Rs 1 crore a year. Will Jaitley abolish this, raise this or introduce a new super-rich tax slab?

8) Investors are keenly watching for the FM’s cues on the controversial “retrospective tax” that allowed placing a tax demand on even older corporate deals such as Vodafone’s acquisition of Hutch’s mobile assets in India. This had hurt India’s image as an investment destination. Investors want a roll back of the law. Will the FM oblige?

9) In September last year, Prime Minister Narendra Modi launched a signature “Make in India” initiative to ease rules of doing business and turn the country into a manufacturing hub. The FM is widely expected to offer tax and other incentives to several sectors to give “Make in India” a big push.

10) A spirited Opposition has closed ranks to pin the government down on “anti-farmer” policies such as the proposed rules that would make land buying easier to build factories and rules. All eyes will be on the FM to counter the rising perception that the NDA government is anti-farmer. Jaitley’s budget will also be keenly followed on the government’s vision about welfare handouts and social sector development to make growth more inclusive.