• India's Suryakumar Yadav celebrates after scoring a century during the third Twenty20 match against Sri Lanka in Rajkot on January 7, 2023. AP
    India's Suryakumar Yadav celebrates after scoring a century during the third Twenty20 match against Sri Lanka in Rajkot on January 7, 2023. AP
  • Indian players celebrate with the winners' trophy. AP
    Indian players celebrate with the winners' trophy. AP
  • India's Suryakumar Yadav celebrates after scoring a century. AP
    India's Suryakumar Yadav celebrates after scoring a century. AP
  • India's Suryakumar Yadav celebrates. AP
    India's Suryakumar Yadav celebrates. AP
  • India's captain Hardik Pandya (c) celebrates with teammate Suryakumar Yadav after the dismissal of Sri Lanka's Chamika Karunaratne. AP
    India's captain Hardik Pandya (c) celebrates with teammate Suryakumar Yadav after the dismissal of Sri Lanka's Chamika Karunaratne. AP
  • Sri Lanka players at the end of the match. AFP
    Sri Lanka players at the end of the match. AFP
  • India's team pose for pictures with the champions trophy. AFP
    India's team pose for pictures with the champions trophy. AFP
  • India's captain Hardik Pandya, fourth right, celebrates with teammates after their win in the third T20 cricket match against Sri Lanka, in Rajkot, India, Saturday, Jan. 7, 2023. (AP Photo / Ajit Solanki)
    India's captain Hardik Pandya, fourth right, celebrates with teammates after their win in the third T20 cricket match against Sri Lanka, in Rajkot, India, Saturday, Jan. 7, 2023. (AP Photo / Ajit Solanki)

Suryakumar century powers India to victory over Sri Lanka in T20 decider


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Twenty20 sensation Suryakumar Yadav smashed a blazing century to help India extend their unbeaten streak of home series wins to 12 with a 91-run thrashing of Sri Lanka on Saturday.

The hosts rode on Suryakumar's unbeaten 112 off 51 deliveries to post 228-5 after electing to bat first in the series decider in Rajkot.

India then bowled out Sri Lanka for 137 in 16.4 overs for a 2-1 triumph and keep their win record in bi-lateral series on home turf which stretches back to February 2019.

Suryakumar, known as a 360-degree player for his ability to play all around the ground, stood out with his third T20 hundred - in 45 balls - as he stamped his class as the world's No 1 batsman in the format.

He smashed seven fours and nine sixes, including three off his trademark scoop shot over fine leg, to entertain the raucous home crowd.

India lost two wickets inside six overs after electing to bat first but Suryakumar and Shubman Gill, who hit 46 off 36 deliveries, put on 111 runs to lay the foundations for the total.

Left-arm quick Dilshan Madushanka struck in the opening over to send back the left-handed Ishan Kishan, caught at slip for one by Dhananjaya de Silva.

Rahul Tripathi, 31, who made his debut in the previous match, then hit back with Gill for company as he hit Maheesh Theekshana for three fours in the fifth over.

Tripathi smashed fast bowler Chamika Karunaratne for two successive sixes but got caught out in an attempt to get another boundary. He made 35 off 16 deliveries.

Suryakumar, who reached his fifty in 26 balls, then took charge with his all-round hitting.

Gill joined in the charge as he and Suryakumar smashed 23 runs in the 14th over from Theekshana.

But after three fours and two sixes in his 36-ball knock, Gill got bowled by leg-spinner Wanindu Hasaranga and two more wickets fell before Suryakumar kept up the momentum until the end.

In reply, Kusal Mendis started briskly but fell to Axar Patel's left-arm spin for 23 in the fifth over.

Wickets kept tumbling at regular intervals with skipper Hardik Pandya, fellow quick Umran Malik and leg-spinner Yuzvendra Chahal taking two each.

Left-arm quick Arshdeep Singh took three including the final wicket.

Skipper Dasun Shanaka, who helped the tourists bounce back from their opening loss in the previous match, hit 23 off 17 balls before departing.

India's top stars, including regular captain Rohit Sharma and star batsman Virat Kohli, will return for the three one-day internationals between the two teams starting Tuesday.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5

The Sky Is Pink

Director: Shonali Bose

Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf

Three stars

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Brief scores:

QPR 0

Watford 1

Capoue 45' 1

Updated: January 07, 2023, 5:53 PM