
Ravi Shastri minces no words as he explains why India deserve every ‘pound of flesh' from ICC revenue: ‘Look at…'
Amidst demands for greater equity in how cricket at the highest level shares its profits and revenues amongst players, member nations of the ICC, and other stakeholders, former Indian player and coach Ravi Shastri remains bullish about India receiving compensation for being the driver of the cricket economy. India and the BCCI currently earn 38.5% of the ICC's annual revenue model.(BCCI- X)
The recent past has seen a plethora of criticisms regarding how India receive the lion's share of the revenue generated by the ICC. Following a decision made in 2023, the BCCI has been set to receive 38.5% under the distribution structure, over five times as much as the next-highest band of national boards, those being England, Australia, and Pakistan.
Shastri, however, saw no issue with this, and saw it as the just results given how much the Indian market sustains the cricket economy, via the largest share of the audience as well as cricket's most profitable tournament in the IPL.
'Absolutely, I would want more. Because most of the money that's generated comes from India. So it's only fair that they get their share of pound of flesh,' claimed Shastri in an interview with Wisden. 'It's relative, it's economies. If tomorrow there might be another economy that's stronger, money might come from there like it did in the 70s-80s, and the chunk of the money went somewhere else.' Shastri argues overseas television income dependent on India
India's dominance over the distribution model has been further criticised as a symptom of the BCCI's increasing sway on the machinations of the ICC itself: while it is true that India's media rights and revenue generation dwarfs every other member nation of the ICC, it has also allowed for a greater political foothold in one of the widest-followed global sports.
This has reflected in India's ability to play the ICC Champions Trophy in 2025 on their terms, for example, or push for a larger chunk of the international window to be reallocated for the IPL in coming years.
Regardless, such is the financial boost that India brings to cricket with a potential audience of 1.4 billion people that Shastri believes there is an argument for even greater a share, pointing out how overseas tours often blossom when India are visiting.
'So I think it's only fair, and it shows in the revenues. When India travel, look at the television rights, look at the television income that comes for an India series. So it's only fair that they get whatever they're getting now, if not more,' concluded Shastri.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
34 minutes ago
- Business Standard
Startups use AI, omnichannel push to expand globally, reach deeper locally
As India's startup sector enters a new phase of growth, a wave of emerging companies is turning to artificial intelligence, omnichannel distribution and the creator economy to reach smaller domestic markets and expand globally. To mark World MSME Day, Meta has released a report commissioned from consulting firm Alvarez & Marsal India. The study draws on insights from interviews with 100 high-growth startups across the country. It identifies six key levers expected to shape the next chapter of Indian entrepreneurship. These include AI adoption, cross-border expansion, omnichannel strategies, deeper reach into Tier 2 and Tier 3 cities, category diversification and creator-led brand building. 'In today's dynamic times, startups that think smart and act fast to evolve will lead the charge,' said Sandhya Devanathan, Vice-President, India and South East Asia, Meta. 'At Meta, we're proud to be partners in this journey, equipping startups with cutting-edge AI-powered tools to help them scale and turn their bold ideas into impact.' Himanshu Bajaj, Managing Director and Head – Alvarez & Marsal India and GCC, noted that he is seeing a significant shift in how Indian startups think about scale — not just for pursuing growth but building more sustainable businesses that focus on value creation. 'AI, tiered expansion and omnichannel models are no longer future bets — they're foundational to execution today,' said Bajaj. 'What stands out is how early-stage startups are applying these levers with surprising sophistication.' Over 70 per cent of startups are now integrating AI across core business functions. 'We leveraged these cutting-edge tools to optimise our marketing campaigns, and the results have been nothing short of phenomenal,' said Shrawan Daga, Founder, Krishna's Herbal & Ayurveda. About 67 per cent of small firms have adopted omnichannel models to address modern customer journeys that span online discovery and offline purchase. 'Attributing online spends to walk-ins and offline conversions is the most critical aspect to driving an efficient omnichannel business while continuing to use digital as the primary advertising channel,' said Ayushi Gudwani, Founder, FS Life. The report said nearly all startups are expanding into Tier 2 and 3 markets to cater to high demand and existing supply gaps. 'India's next billion consumers are not waiting to catch up — they're leapfrogging,' said Swagat Sarangi, Co-founder, Smytten. 'In Tier 2 and 3 markets, relevance isn't about scaling down your offering, it's about showing up with empathy, accessibility and trust.' About 52 per cent of small firms are expanding cross-border, tapping into large addressable markets and global demand for Indian-origin products. The United States, the UAE and the United Kingdom emerged as the top export markets. 'We've successfully expanded our global footprint, achieving a remarkable 30 per cent higher ROI in new markets,' said Aakriti Rawal, Co-founder, House of Chikankari. According to the report, 84 per cent of startups have diversified beyond their core offerings. They are leveraging synergies across product lines, customer cohorts and distribution channels. 'As Noise expands globally and enters new categories, our focus is on building performance-oriented smart tech that takes the 'Make in India' story to the world,' said Gaurav Khatri, Co-founder and CEO, Noise. The report also finds that 88 per cent of brands now partner with creators — including niche influencers and celebrities — to build community-led storytelling. 'Working with creators allows us to tell real, relatable stories that build trust and emotional resonance,' said Suramya Jain, Co-founder, RAS.


United News of India
37 minutes ago
- United News of India
Dr. Jyotsna Suri Leading India's Tourism Renaissance on the Global Stage
New Delhi [India], June 24: Dr. Jyotsna Suri, Chairperson and Managing Director of The LaLiT Suri Hospitality Group, offers her expert perspective on the evolving trends shaping India's travel and hospitality landscape. As international tourist arrivals continue to fall short of expectations, Dr. Suri calls for a bold new approach to how India presents itself on the world stage, emphasizing the need for innovative marketing, infrastructure improvements, and the creation of new destinations to truly unlock the country's tourism potential. While India's domestic tourism scene is bustling, international tourism hasn't quite bounced back as strongly as many had hoped. Even as the world's overall tourism numbers recover, India is still seeing fewer foreign visitors compared to the pre-pandemic era. In 2023, for example, only about 9.5 million foreign tourists arrived in India—a figure that remains over 10% below the nearly 11 million recorded in 2019, according to Skift. The trend hasn't improved much by mid-2024, with just 4.8 million foreign arrivals in the first six months. When Dr. Jyotsna Suri speaks about the future of India's tourism sector, one thing stands out above all: the urgent need to put India on the global map through bold and consistent marketing. She points out that, despite the country's incredible diversity and rich experiences, India simply isn't being marketed as aggressively as it should be. 'Right now, we are not being marketed at all,' she says, stressing that a well-funded, ministry-led campaign could quickly change the narrative and attract a wider range of international visitors. While progress on infrastructure upgrades is encouraging, Dr. Suri admits it will take time before India's facilities truly match world-class standards; still, she is heartened by the direction things are moving and the ongoing investments being made. She also highlights the importance of developing new destinations, not just for drawing in foreign tourists but for giving domestic travellers fresh places to explore. Many existing spots remain underutilised, and new attractions could help spread out the crowds and ease pressure on popular sites. When it comes to competing with neighbours like Thailand and Indonesia, Dr. Jyotsna Suri acknowledges that India might be a bit pricier in some areas, especially with GST factored in, but she firmly believes the country delivers outstanding value for money—something that discerning travellers appreciate. A shift is happening, where the focus is moving from attracting backpackers to courting higher-spending, quality tourists who are looking for unique and enriching experiences. The Indian government has launched several key initiatives to attract more international tourists, focusing on developing 50 major destinations to enhance infrastructure and provide a better visitor experience. Visa reforms, including streamlined e-visa processes and fee waivers for select travellers, are making it easier for tourists to visit India. Additionally, programs promoting spiritual, heritage, and medical tourism highlight the country's unique cultural and wellness offerings. Efforts to improve regional connectivity through schemes like UDAN are opening up access to lesser-known destinations, making India more accessible overall. Dr. Jyotsna Suri praised the combined efforts of the central and state governments, including leadership from the Prime Minister, Home Minister, and Chief Ministers, for their commitment to revitalising tourism. 'It will happen soon. It'll take time, but it will happen,' she said, expressing optimism about the future and India's potential to emerge as a top global destination. With the right strategies and sustained effort, India can not only compete with its neighbours but also emerge as a leading global destination for all types of travellers.
&w=3840&q=100)

First Post
42 minutes ago
- First Post
Praggnanandhaa becomes India's new No. 1 after UzChess Cup win, Gukesh slips to second
Indian sensation R Praggnanandhaa has become India's new No. 1 in classical chess after winning the UzChess Cup Masters in Tashkent. He surpassed the current world champion D Gukesh in the standings with Elo rating of 2778.3. read more R Praggnanandhaa is now one spot ahead of the world champion D Gukesh in live chess ranking. Image: X/FIDE Indian sensation Rameshbabu Praggnanandhaa has become the new India No. 1 in classical chess after winning the UzChess Cup Masters tournament. The 19-year-old defeated Uzbekistan's Nodirbek Abdusattorov with the Black pieces in the final round to clinch the title. Praggnanandhaa becomes new India No. 1 Thanks to this big win, Praggnanandhaa has now jumped to No. 4 in the live world rankings with an impressive Elo rating of 2778.3. He is now ahead of fellow Indians Dommaraju Gukesh, who is ranked 5th with a rating of 2776.6, and Arjun Erigaisi, who is at 6th place with 2775.7. The five-time world champion Magnus Carlsen of Norway is still at the top of the chart with a rating of 2839.2. He is followed by American grandmasters Hikaru Nakamura (2807) and Fabiano Caruana (2784.2). STORY CONTINUES BELOW THIS AD After Praggnanandhaa clinched his third title of the year, he took to social media to thank everyone for all the support he received before the event. 'Wrapped up the #UzChessCup Masters with a win in the final round and wins in tie breaks. Tiebreaks were crazy indeed. Grateful for all the support that I have received so far. Onto my next challenge to Croatia,' Praggnanandhaa wrote in a post on X after his victory in Tashkent. Wrapped up the #UzChessCup Masters with a win in the final round and wins in tie breaks. Tiebreaks were crazy indeed. Grateful for all the support that I have received so far. Onto my next challenge to Croatia. — Praggnanandhaa (@rpraggnachess) June 27, 2025 In another post, Praggnanandhaa thanked former world champion Viswanathan Anand, who had congratulated the Indian youngster on his Uzbekistan Cup win. Anand said that out of all of Praggnanandhaa's wins this year, the one in Uzbekistan seemed the least likely, but given the way he made a comeback, he fully deserved to be World No. 4 and India's No. 1 player. STORY CONTINUES BELOW THIS AD Thank you so much, @vishy64theking sir! This one felt special, it means a lot coming from you. Grateful always for your support and inspiration! ♟️🙏 — Praggnanandhaa (@rpraggnachess) June 28, 2025 However he defeated Arjun Erigaisi and today in the crucial match defeated Nodirbek Abdussattorov to tie for first place. In an impressive demonstration of character he won his third tiebreak of the year as well. (2/3) — Viswanathan Anand (@vishy64theking) June 27, 2025 He is deservedly the new number four in the chess world and the highest rated player in India. (3/3) — Viswanathan Anand (@vishy64theking) June 27, 2025