Shubman Gill Net Worth In 2025: ₹16.5 Crore IPL Salary & Luxury Car Collection
At just 25, Shubman Gill is establishing himself as a key player for Indian cricket, while building impressive wealth off the field as well (Picture credit: AP)
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Economic Times
30 minutes ago
- Economic Times
Fixed Income is portfolio's seatbelt against volatility: Chakri Lokapriya of LGT Wealth India
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In this edition of ETMarkets Smart Talk, Chakri Lokapriya, CIO – Equities at LGT Wealth India , explains why fixed income should be viewed as a critical stabilizer in any investment portfolio Comparing it to a 'seatbelt' that quietly cushions against market volatility, Lokapriya highlights the importance of allocating 20–30% of portfolios to high-quality bonds , especially in today's uncertain global believes fixed income is not just about safety but about steady compounding and risk management, making it a foundational element in long-term wealth creation. Edited Excerpts –A) The scene is the place for a lovely outcome of markets moving higher, and closing CY2025 with a 10% to 12% gain. However, the big elephant in the room is US Tariffs India is expected to conclude the talks by the end of July 2025. And it is evident that India would not budge on allowing access to US agricultural or dairy products, as it is detrimental to the livelihood of 60% of India's farmers.A tariff deal without the above two items is the big event to watch for and markets would take a decisive directional move based on the outcome of the U.S. Tariff deal with India.A) We are running well diversified portfolios with good earnings we are taking a balanced approach in rebalancing portfolios to volatile decisions such as raising and lowering tariffs.A) 2020 was a watershed moment for India's corporate in managing cash flows and maintaining sufficient liquidity to counter uncertain 2020, many Indian companies have balanced capital expenditure versus profit growth admirably a number of Sunrise sectors, old-world in many respects such as Defence, Railways, Semiconductors are structurally allowing Corporate India's profits to growth faster than the GDPA) In Electronics and Semiconductors: growth is Fuelled by import substitution ,PLI. US and Europe shifting sourcing from China to is the leader in Electronics System Design and Manufacturing (ESDM), (40% of output and 30% of exports). India stands at 2% therefore huge room to rising share of electronic content across automobiles, CD, Industrial translates into a higher addressable market for EMS. India semiconductor market size to surpass $55 bn by electronics market is at $150 bn, to grow to $500 bn and create 6mn jobs by 2030. PM Modi's goal 100% of electronic manufacturing in India.A) In an uncertain world, fixed income is your portfolio's seatbelt—quiet, steady, and critical when volatility hits. Allocating 20–30% of your portfolio to bonds can help cushion equity swings and deliver a reliable environment of moderating rates and strong credit spreads makes this a smart time to lock into high-quality instruments, such as government bonds, AAA corporates, and select high-yield of it as earning while you wait—letting your capital work quietly in the background. The goal isn't just safety—it's smart, steady compounding through cycles. In a well-built portfolio, fixed income isn't optional—it's foundational.A) Energy as a sector will be in the spotlight in 2H2025. India with 1.4 billion population, urbanization, 22 GW by 2032, net-zero by 2070. Retrofitting coal-fired plants for efficiency and nuclear energy, targets of 500 GW by 2030 (50% non-fossil fuel electricity), with PLI, waived transmission charges, National Solar Mission, Hydro and Wind. Nuclear power generation target of 100 GW by managing solar and wind energy, Battery energy storage systems (BESS) demand to reach 60 GW by 2030. India's abundance in thorium, uranium, solar, and wind reduce import dependency.A) Yes Indeed, India was and is a stock pickers market with over 6,000 companies to select from. We aim to look for stocks that have strong earnings visibility due to an acceleration of business, recovering balance sheets.A) Past two years have had multiple war-like situations and the US too joined the the tariff has left countries finding ways to control inflation. Against this backdrop, Gold continues to be a hedge against inflation and an investment vehicle.A) The cumulative 100bps rate cut significantly reduces borrowing and working capital costs, especially for capital-intensive sectors like power utilities (thermal/renewable) and spending is poised to benefit ahead of the upcoming budget, potentially accelerating revenue growth by 12–18%. The mid cap sector is expected to grow at 17% to 20% outpacing 8% to 10% growth of the large cap.A) Telecom as a sector has huge levels of debt, and regulatory and court interventions and therefore remain cautious.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
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Business Standard
30 minutes ago
- Business Standard
Rupee recovers after breaching 86-mark as dollar, oil prices ease
The Indian currency eased off after breaching the 86 mark on Thursday amid a dip in the dollar index and crude oil prices. The domestic currency opened 7 paise higher at 86.01 against the dollar on Friday, according to Bloomberg. The rupee has witnessed 0.44 per cent depreciation in the current calendar year and a 0.23 per cent fall this week. On Thursday, the dollar buying was largely driven by outflows related to an initial public offering (IPO) that was subscribed 63 times, with allotment completed the same day, Anil Kumar Bhansali, head of treasury and executive director at Finrex Treasury Advisors LLP, said. "Exporters, having sold near 86.00–86.05, may wait for further depreciation today or on Monday. Importers are advised to hold for now, though a breach of the 86.10 level could trigger further dollar buying," Bhansali said. The dollar fell after Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to support a labour market that is showing signs of weakness, Bloomberg reported. Furthermore, US retail sales rebounded in June above estimates while the US unemployment benefits declined for a fifth straight week to the lowest since mid-April. The dollar index, a measure of the greenback against a basket of six major currencies, was down 0.3 per cent at 98.45. However, markets remained largely steady on the Fed outlook, with no significant change in expectations for a September rate cut or the total number of rate cuts anticipated in 2025, reports said. In commodities, crude oil prices dropped in Asian trade after sharp gains, fuelled by drone attacks on Iraqi oil fields. Brent crude price was down 0.14 per cent at 69.42 per barrel, while WTI crude prices were lower by 0.16 per cent at 67.43, as of 9:18 AM IST.
Hans India
30 minutes ago
- Hans India
Praggnanandhaa stuns Carlsen
Las Vegas: Grandmaster R Praggnanandhaa took down world number one Magnus Carlsen en route the top-bracket quarterfinals along with Arjun Erigaisi at the USD 750,000 Freestyle Grand Slam Tour here. Praggnanandhaa continued the recent trend of Indian players outsmarting Carlsen and sent the Norwegian's campaign haywire on Wednesday. Carlsen has in recent weeks also been beaten by reigning world champion D Gukesh, who is not competing here. The 19-year-old Praggnanandhaa was in his elements as he effectively deployed his pieces right from the word go and even though Carlsen got some chances, Praggnanandhaa crashed through with some imaginative manoeuvres. The loss against Praggnanandhaa had such a cascading effect on Carlsen that he lost another game against Wesley So in the next round and was shockingly eliminated from the top bracket by Levon Aronian of United States 2-0 in the final tiebreaker for the fourth spot that ensued. The 16-player event was divided into two groups of eight each and the top four from each pool advanced to the quarterfinals after playing once with each of the other participant. The rules have been framed in such a way that those who do not make the top bracket in the first set of qualifiers can no longer win the event and Carlsen can at best finish third if he wins the remaining matches. Erigaisi was the other Indian from the second group who made it to the quarterfinals. It was a fine come-from-behind performance by Erigaisi, who faced some initial struggles. Praggnanandhaa tied for the first spot on 4.5 points out of a possible seven in his group with Uzbekistan's Nodirbek Abdusattorov and Javokhir Sandarov, along with Aronian, finishing on four points. Carlsen ended fifth ahead of Vincent Keymer of Germany, Wesley So and lone woman participant Bibisara Assaubayeva of Kazakhstan. In the second group christened black, Hikaru Nakamura topped the standings with an astonishing 6/7 with his American country-man Hans Niemann finishing second on 4.5 points. Erigaisi finished tied third on four points with another local star Fabiano Caruana.
