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Reliance Consumer Products on strong growth trajectory: Reliance Retail CFO
Sharleen Dsouza Mumbai
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Reliance Consumer Products is on a strong accelerated growth trajectory and is rapidly expanding its supply chain and manufacturing capabilities across the country, Dinesh Taluja, chief financial officer, Reliance Retail, said.
The fast-moving consumer goods (FMCG) arm is also in the process of being demerged from the company's retail network.
'Our FMCG business is on a very accelerated growth trajectory with revenue nearly doubling year-on-year. While we benefit from Reliance's retail network, we've also built a substantial independent distribution system. Following a high-decibel IPL campaign, Campa now enjoys high recall and double-digit market share in key markets. We're rapidly expanding
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India.com
12 hours ago
- India.com
Ben Stokes' Net Worth In 2025: ECB Salary, Assets, Cars, And Investments - All You Need To Know
photoDetails english 2937533 Updated:Jul 27, 2025, 10:39 AM IST Ben Stokes Net Worth 1 / 10 Ben Stokes, the dynamic England Test captain and all-rounder, is not only celebrated for his on-field heroics but also for his significant earnings. In 2025, his net worth is estimated at $13 million (Rs 105 crore), placing him among the richest cricketers in the world. Central Contract & Match Fees 2 / 10 A major portion of Stokes' income comes from his England and Wales Cricket Board (ECB) central contract, which ensures a fixed annual salary plus match fees. He earns approximately $3.3 million (Rs 28 crore) annually from the ECB, making him one of the highest-paid English players. IPL Earnings 3 / 10 Stokes has been a consistent figure in the Indian Premier League (IPL). In the 2023 auction, Chennai Super Kings signed him for Rs 16.25 crore ($2 million). Despite injuries affecting his availability in some seasons, IPL remains one of his biggest income sources. Endorsements 4 / 10 Stokes endorses top global brands, including Adidas, Red Bull, Gunn & Moore, and several UK-based companies. These endorsements contribute a significant amount to his annual income, reportedly adding over $1 million each year. Real Estate 5 / 10 The all-rounder owns a luxurious mansion in County Durham, England, valued at approximately £1.75 million (Rs 19-20 crore). His property features modern interiors, a home gym, and an entertainment suite, showcasing his taste for premium living. Cars & Lifestyle 6 / 10 Stokes is known for his love of cars. He owns high-end models such as a Mercedes-AMG GT63, Range Rover Sport SVR, and other luxury vehicles. His lifestyle reflects a blend of elegance and practicality, often spending time with his family when off the field. Investments 7 / 10 Apart from cricket and endorsements, Stokes has invested in various businesses and real estate holdings. These investments help diversify his income streams and secure long-term financial stability. Philanthropy & Public Image 8 / 10 Ben Stokes is also involved in charitable initiatives, supporting youth cricket and community development programs in England. His public image as a leader and role model has enhanced his brand value worldwide. Summary & Future Outlook 9 / 10 In 2025, Ben Stokes' net worth stands at $13 million, driven by his cricketing career, endorsements, and assets. As he continues to lead England and play franchise cricket, his net worth is expected to grow even further in the coming years. 10 / 10


Mint
a day ago
- Mint
Gold price rises 200% in six years. How expensive it may become in next 5 years?
Gold prices have delivered stellar returns to investors in 2025. The precious yellow metal on MCX has ascended over 30 per cent, other risky assets like silver surged nearly 35%, and the Nifty 50 index has risen around 4.65 per cent. The BSE Sensex has given around 3.75 per cent, while some Sensex heavyweights like Reliance share price have generated a little over 14 per cent in 2025. Nifty 50 heavyweight HDFC Bank shares have surged around 12.50 per cent. So, gold and silver have outshone other risky assets by a massive margin in YTD. The precious bullions have dominated the market in the long term, too. In six years, the MCX gold rate has risen from around ₹ 32,000 per 10 gm to around 97,800 per 10 gm, delivering a rise of over 200 per cent. According to commodity market experts, gold prices are expected to dominate the list of risky assets. The bears may deliver at least 40 per cent in the next five years, whereas the bulls may become expensive by over 125 per cent. Speaking on the gold price rally in recent years, Santosh Meena, Head of Research at Swastika Investmart, said, "Gold has long held deep emotional and financial value in Indian households. It has also gained prominence as a strategic asset among global central banks in recent years. This shift has accelerated over the past two years, particularly after the Russia-Ukraine conflict, which led to the freezing of a significant portion of Russia's foreign exchange reserves. As geopolitical tensions rise and tariff disputes continue, central banks increasingly turn to gold as a safe-haven asset, contributing to a steady rise in its price." Santosh Meena of Swastika Inestmart said several key factors drive this renewed interest in gold. One of the most notable is the weakening confidence in the US dollar. Many central banks are diversifying their reserves to reduce dependency on the dollar, and gold is emerging as the preferred alternative. Another major driver is the rising US debt-to-GDP ratio, which raises concerns about the long-term stability of the dollar and further enhances gold's appeal as a store of value. The overall geopolitical instability climate also pushes institutional and retail investors toward gold as a reliable hedge against uncertainty. On why gold prices have risen in the last six years, Sugandha Sachdeva, Founder of SS WealthStreet, said, "Gold has delivered outstanding returns of nearly 200% over the past six years, rallying from around ₹ . 34,200 in June 2019 to approximately ₹ . 97,800 per 10 grams in 2025. This exceptional performance has been driven by global macroeconomic shocks, including the COVID-19 pandemic, ultra-loose monetary policies, geopolitical tensions, and heightened financial market uncertainty." The SS WealthStreet expert said that the outbreak of the pandemic unleashed massive economic disruption and led to unprecedented monetary and fiscal interventions. Central banks across the globe slashed interest rates to near zero. They rolled out large-scale quantitative easing programs, injecting liquidity into the system and fueling inflation and currency debasement concerns. Simultaneously, real interest rates turned negative, reducing the opportunity cost of holding gold. Governments deployed aggressive stimulus measures, further expanding the money supply and reinforcing gold's role as a hedge against systemic risk. Sugandha Sachdeva went on to add that a string of geopolitical and financial flashpoints has further reinforced gold's appeal: 1] Russia-Ukraine war (Feb 2022); 2] US banking turmoil (SVB, Credit Suisse – early 2023); 3] Middle East conflict (Oct 2023); 4] Escalating US tariff war under President Trump (2025); 5] Record Central bank gold purchases; and 6] Persistent de-dollarisation efforts globally. "These tailwinds have propelled gold to fresh record highs of over ₹ 1,00,178 per 10 gm in 2025, and the environment remains supportive for structurally elevated prices over the long term," said Sugandha Sachdeva, adding, "While past returns may not be repeated at the same scale, multiple macroeconomic and structural forces point to further upside in gold over the next five years. The continued central bank purchases, strong ETF inflows, de-dollarisation drive, and rising debt levels in the US all point towards prices being meaningfully higher from current levels." On whether gold will be able to deliver this stellar performance again, "The ongoing strategic accumulation of gold by global central banks is likely to be a key pillar that would provide further strength to gold prices. Gold now comprises almost 20% of total central bank reserves against the US dollar's declining share, down from 73% in 2001 to 58% in 2025. Gold has emerged as a key beneficiary of central banks' diversification efforts. A shift towards a multi-polar currency world is eroding the dollar's dominance. Volatility in currency markets makes gold more attractive as a stable reserve asset. Furthermore, burgeoning public debt levels, particularly in the US, raise long-term fiscal risks and erode confidence in fiat currencies, making gold a crucial hedge against currency debasement." Sugaqndha said that ongoing and potential future conflicts (including economic, political, and military) will continue to elevate safe-haven demand. Beyond institutional buying, new channels of demand are emerging, such as China's insurance sector reportedly allocating 1% of its Assets Under Management (AUM) to gold, signifying growing institutional interest. ETF inflows and investor allocations toward non-yielding assets could remain strong if real yields stay suppressed. Moreover, a structurally weak rupee amplifies domestic gold price performance. Sugandha Sachdeva of SS Wealthstreet advised investors to continue investing in gold: "Gold continues to prove its mettle as a long-term store of value and a portfolio diversifier. Amid ongoing global uncertainties, rising global debt, elevated geopolitical risks, currency volatility, and policy-induced distortions, the yellow metal will likely remain a core hedge against systemic risks. Investors may consider systematic accumulation during price corrections and hold a strategic allocation over the next five years to enhance risk-adjusted returns." Regarding how much gold may become expensive in the next five years, Sugandha Sachdeva said, "Gold remains subject to intermittent corrections due to changing interest rate expectations or temporary strength in the US dollar. However, the major floor level is expected around ₹ 75,000-72000 per 10 gm, providing a strong downside cushion to prices. However, the gold price pattern suggests around ₹ 1,05,000 per 10 gm for the year, while for the next 5 years it could trend towards around ₹ 1,35,000 per gm to anywhere around ₹ 1,40,000 per 10 gm." However, Santosh Meena of Swastika Investmart believes that stellar gold price returns may continue in the next five years. Geopolitical tension and a trade war are expected to keep the demand for gold as a safe haven intact. "In terms of performance, gold has delivered an impressive 18% compound annual growth rate (CAGR) in the Indian market over the past five years. If this trajectory continues, gold prices could reach ₹ 2,25,000 per 10 grams within five years. While short-term volatility is natural, the broader structural case for gold remains intact, supported by sustained central bank buying, currency debasement concerns, and the asset's historical role as a financial haven," Santosh Meena of Swastika Investmart concluded. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Hindustan Times
2 days ago
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‘MS Dhoni, Virat Kohli earn INR 100 crore per year through ads. Sachin Tendulkar in prime…': Ravi Shastri's revelation
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