Yashasvi Jaiswal, left, and Ravichandran Ashwin after India's win in the first Test against the West Indies in Dominica on Friday, July 14, 2023. AFP
Yashasvi Jaiswal, left, and Ravichandran Ashwin after India's win in the first Test against the West Indies in Dominica on Friday, July 14, 2023. AFP
Yashasvi Jaiswal, left, and Ravichandran Ashwin after India's win in the first Test against the West Indies in Dominica on Friday, July 14, 2023. AFP
Yashasvi Jaiswal, left, and Ravichandran Ashwin after India's win in the first Test against the West Indies in Dominica on Friday, July 14, 2023. AFP

Ashwin and Jaiswal stand out in innings win for India in first West Indies Test


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India completed an innings victory inside three days against the West Indies in the first Test in Roseau, highlighting the gulf between the sides.

World Test Championship finalists India were too strong for a new-look Caribbean side on a surface that offered turn from the first day.

Off-spinner Ravichandran Ashwin proved his match-winning abilities once again as he finished with a 12-wicket match haul to hand the host an innings and 141 run defeat in Dominica.

Ashwin had claimed 5-60 to help skittle out West Indies for 150 in the first innings on a slow, turning track in the first match of the two-Test series.

India amassed 421-5 in reply before declaring their first innings with debutant Yashasvi Jaiswal (171), captain Rohit Sharma (103) and Virat Kohli (76) scoring bulk of their runs.

Having conceded a lead of 271, West Indies did even worse in their second innings when they were bundled out for 130.

Ashwin was the wrecker-in-chief again, claiming 7-71 even as Jaiswal was adjudged player-of-the-match.

"Our bowling was superb. Bowling them out for 150 actually set the game for us," Sharma said after their victory.

"On that pitch, we knew we wanted to bat once, bat long."

Sharma was particularly impressed by Jaiswal's temperament on a tough wicket.

“His temperament was tested but at no point did it look like he was panicking,” Rohit said. “I just had to remind him, ‘You belong here.’ My job was to just keep telling him he's done all the hard yards and to enjoy his time in the middle.”

Ashwin, the No1-ranked Test bowler, had a point to prove after being omitted from the World Test Championship final.

“When you have the kind of experience they have on these pitches, it is always a luxury,” Rohit said. “Ashwin and [Ravindra] Jadeja were magnificent, especially Ashwin.”

The match, however, will be remembered for Jaiswal's debut. It capped his stunning rise from the streets to the top of the game.

Jaiswal, 21, moved to Mumbai when he was 12. There he would sell 'pani puri', a traditional Indian snack, for pocket money and sleep in tents until a coach took him under his wing.

The left-handed batsman has impressed in domestic cricket and was adjudged player-of-the-tournament in the Under-19 World Cup in 2020 after which Rajasthan Royals splashed out 24 million Indian rupees ($292,508) to sign him for the Indian Premier League.

With India looking for a left-right combination at the top, especially after Shubman Gill requested to move down to number three, Jaiswal was picked to partner captain Sharma and the debutant impressed immediately at the Windsor Park.

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UAE currency: the story behind the money in your pockets

TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel

Engine: 80 kWh four-wheel-drive

Transmission: eight-speed automatic

Power: 402bhp

Torque: 760Nm

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Fighter profiles

Gabrieli Pessanha (Brazil)

Reigning Abu Dhabi World Pro champion in the 95kg division, virtually unbeatable in her weight class. Known for her pressure game but also dangerous with her back on the mat.

Nathiely de Jesus, 23, (Brazil)

Two-time World Pro champion renowned for her aggressive game. She is tall and most feared by her opponents for both her triangles and arm-bar attacks.

Thamara Ferreira, 24, (Brazil)

Since her brown belt days, Ferreira has been dominating the 70kg, in both the World Pro and the Grand Slams. With a very aggressive game.

Samantha Cook, 32, (Britain)

One of the biggest talents coming out of Europe in recent times. She is known for a highly technical game and bringing her A game to the table as always.

Kendall Reusing, 22, (USA)

Another young gun ready to explode in the big leagues. The Californian resident is a powerhouse in the -95kg division. Her duels with Pessanha have been highlights in the Grand Slams.

Martina Gramenius, 32, (Sweden)

Already a two-time Grand Slam champion in the current season. Gramenius won golds in the 70kg, in both in Moscow and Tokyo, to earn a spot in the inaugural Queen of Mats.

 

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
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Price: From Dh1.05 million ($286,000)

SPECS
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The%20specs
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Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

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.”

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GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

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Price: From Dh149,900

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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

The specs: 2018 Renault Megane

Price, base / as tested Dh52,900 / Dh59,200

Engine 1.6L in-line four-cylinder

Transmission Continuously variable transmission

Power 115hp @ 5,500rpm

Torque 156Nm @ 4,000rpm

Fuel economy, combined 6.6L / 100km

The specs: 2018 Chevrolet Trailblazer

Price, base / as tested Dh99,000 / Dh132,000

Engine 3.6L V6

Transmission: Six-speed automatic

Power 275hp @ 6,000rpm

Torque 350Nm @ 3,700rpm

Fuel economy combined 12.2L / 100km

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Story%20behind%20the%20UAE%20flag
%3Cp%3EThe%20UAE%20flag%20was%20first%20unveiled%20on%20December%202%2C%201971%2C%20the%20day%20the%20UAE%20was%20formed.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIt%20was%20designed%20by%20Abdullah%20Mohammed%20Al%20Maainah%2C%2019%2C%20an%20Emirati%20from%20Abu%20Dhabi.%C2%A0%3C%2Fp%3E%0A%3Cp%3EMr%20Al%20Maainah%20said%20in%20an%20interview%20with%20%3Cem%3EThe%20National%3C%2Fem%3E%20in%202011%20he%20chose%20the%20colours%20for%20local%20reasons.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20black%20represents%20the%20oil%20riches%20that%20transformed%20the%20UAE%2C%20green%20stands%20for%20fertility%20and%20the%20red%20and%20white%20colours%20were%20drawn%20from%20those%20found%20in%20existing%20emirate%20flags.%3C%2Fp%3E%0A
Updated: July 15, 2023, 10:01 AM