Karan Aujla Bets More Than ₹3 Crore On Preity Zinta's Punjab Kings Ahead Of IPL Final
Punjab Kings punched their ticket to the finals with a dramatic 5-wicket win over Mumbai Indians in Qualifier 2, powered by an unbeaten 87 (41) from Shreyas Iyer, who has now become the first captain to lead three different franchises to an IPL final. RCB, meanwhile, sealed their spot earlier by defeating Punjab in Qualifier 1, continuing Virat Kohli's dream run this season. The final match will take place at the Narendra Modi Stadium in Ahmedabad, Gujarat.
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Economic Times
10 minutes ago
- Economic Times
With US tariff war disrupting Indian job market, here's how to protect your job through smart adapting
iStock Engineering goods, textiles, and chemicals sectors are most likely be impacted by tarriffs If your news feed does not show you geopolitics or trade policies, you're not alone. International trade doesn't grab attention like cricket or Bollywood. However, when the US hiked tariffs on Indian exports, as it did again in July this year, it was not a political story anymore. It was an attack on your job security, too. Think of tariff like a 25% or 50% additional GST you have to pay on imported apples or kiwis bought from your fruit vendor. Given the high price, maybe you would want to switch to local bananas and oranges instead. Similarly, when the US imposes steep tariffs and buyers choose not to buy anymore, it impactsthe revenues and operations of exporters in, say, chemicals or auto components. If your employer is affected, so is your job. Radiation fallout everywhere Though India has won limited relief on farm exports after intense pushback, the overall picture is clear—the trade war isn't going away soon. Since April, when the US-driven tariff war started playing out, global growth has slowed down, and oil prices and dollar rates have fluctuated. Like radiation fallout after a nuclear strike, every business has been impacted by second-degree effects. When a US customer cancels or pauses an order because of uncertainty or tariff-driven costs, it's not just the exporter but also the Indian supplier, transporter, marketing agencies, financial teams, and even traditional IT services firms that feel the pinch. A Noida engineering firm recently froze recruitment on domestic projects after its US order book shrank by 30% practically overnight. In Gujarat, a mid-sized chemicals exporter shifted focus to low-margin domestic orders as part of survival tactics. Double trouble The tariff timing couldn't have been worse. While China continues to struggle with a real estate slump, the Eurozone has been hovering on the edge of recession since 2024. The US presidency change in 2025 rattled investors globally, and energy prices swung unpredictably from multiple war zones. All this has driven up India's import costs and fuelled inflationary pressure. What it means is that companies are being forced to become conservative, tighten their belts, and cut costs, often through automation. An apparel exporter from Tirupur, Tamil Nadu, recently replaced 40 manual stitching stations with automated units when hit by a combination of rising input costs and falling US orders. The grim reality is that these jobs won't be coming back. Some sink, some swim Not all sectors are equally bruised. Those grappling with rising costs and shrinking US demand include engineering goods, textiles, and chemicals. Reducing margins is forcing them to delay expansion. Other sectors, such as apparel and leather exporters, are offsetting losses by cautiously picking up new US orders from buyers diversifying away from China. However, they are not going aggressive on hiring. Meanwhile, traditional export sales jobs are reducing and are being replaced by compliance officers, localisation managers, and trade diversification specialists. Quiet winners In every disruption, new winners emerge. Here, the recovery is being led by the domestic market, with sectors focused on renewable energy, electric vehicles, healthcare, and fintech still attracting investments and skilled talent. Nearly 60% of private sector formal and informal jobs in India are in MSMEs. Here, too, smaller manufacturers are shifting focus to domestic markets and e-commerce platforms to keep their engines running. Crisis leads to innovation, and thus, new startups in supply chain technology, AI-driven manufacturing, and agri-processing are developing new solutions and expanding teams. A Pune-based SaaS (software as a service) startup recently signed three large exporters for its AI-powered cost-tracking tool. If you are a job seeker, these growth sectors require skills blending domain expertise, digital fluency, and market savvy. Rewriting playbooks Indian exporters aren't going down without a fight. They are aggressively diversifying by seeking new markets in ASEAN, the Middle East, and Africa. Meanwhile, the government-led Production Linked Incentive (PLI) schemes are pulling investments into domestic manufacturing and import substitution. All firms are targeting costs by sourcing closer to end markets and, thus, cutting down on shipping and customs. What this means is growth in roles around compliance, automation, and market intelligence. A Pune auto component manufacturer has redirected 20% of its export pipeline to Southeast Asia, with a new team in multilingual sales, regional regulatory knowledge, and trade finance skills. Your tariff survival kit You cannot control trade wars or uncertainty, but you can reduce your personal risk. First, understand and monitor your employer's business, export exposure, client geographies, and supply chain dependencies. Next, acquire automation-resistant skills, including AI, compliance, trade finance, and vendor management. Invest in professional relationships, especially in domestic growth sectors. Also, diversify your income through freelancing or entrepreneurship on the side. Policies that matter to you Know that India's domestic market is huge, and regional trade partnerships are expanding, and yet, these buffers aren't foolproof. Hence, on the external front, India is challenging tariffs at the WTO, negotiating sectoral relief with the US, and expanding engagement with ASEAN and Gulf states to unlock alternative markets. Internally, it is incentivising exporters and expanding PLI coverage to create domestic manufacturing jobs. Schemes like Make in India and Skill India will impact your sector's hiring outlook in the current challenging times. Thrive, not survive Tariffs and global uncertainty have become the new normal. If jobs of the future are to be defined by volatility, how will you build your career? Become a professional who is constantly learning new skills and growing professional relationships. When a statement in Washington impacts a small business in Surat, your job security depends on your adaptability. The right time to prepare? Yesterday. The second-best time? Today. The Author is FOUNDER, A JOB LOSS ASSURANCE COMPANY, AND AUTHOR OF GET HIRED IN 30 DAYS. (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of
Economic Times
10 minutes ago
- Economic Times
Sellers for now, FPIs may rethink Indian equities
In the current calendar year so far, they have invested about ₹38,814 core ($4.5 billion) in the primary market compared with ₹54,884 crore ( or $6.6 billion) in the first eight months of the previous year. FPIs intensified selling in Indian equities in early August due to US import duties, selling ₹20,974.9 crore worth of equities. Despite this outflow, a recent credit rating upgrade by S&P and potential GST reforms offer hope for improved investor sentiment. Domestic mutual funds have increased their investments to partially offset the FPI selling pressure. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads ET Intelligence Group: Foreign portfolio investors (FPI) increased selling intensity in Indian equities during the first fortnight of August compared with the previous month amid rising uncertainty over the country's global trade after the US imposed 25% import duty on Indian goods from August 7 with an extra penalty tariff of 25% slated to be effective on August the latest upgrade in India's credit rating by S&P to BBB from BBB- and a possibility of trade negotiations to avoid high tariffs may prompt FPIs to change stance on Indian equities in the coming weeks. Additionally, the proposed significant overhaul of slab rates under the goods and services tax (GST) Act is expected to reduce the inflationary pressure on consumers thereby supporting demand during the festive season from in turn, may lift sentiment among sold equities worth ₹20,974.9 crore ($2.4 billion) in the month as of August 14 compared with ₹17,740.6 crore ($2.1 billion) for the whole of July. They were net sellers for eight out of ten trading sessions so far in August. In 2025 so far, they have sold equities worth about ₹1.2 lakh crore ($13.3 billion). This compares with a net purchase of about ₹42,879 crore ($5.2 billion) in the first eight months of the primary market, which consists of investments in initial public offerings (IPOs) and qualified institutional placement (QIP), FPIs slowed their pace with a purchase of ₹2,579.2 crore ($294.1 million) in the first half of August 2025 compared with ₹4,908.6 crore ($573 million) bought in the corresponding period of the previous the current calendar year so far, they have invested about ₹38,814 core ($4.5 billion) in the primary market compared with ₹54,884 crore ( or $6.6 billion) in the first eight months of the previous year. Domestic mutual funds partially offset the impact of the FPI outflow by increasing their investment four times to ₹33,223 crore till August 11 compared with ₹Rs 8,310 crore invested in the corresponding period of July.
Time of India
10 minutes ago
- Time of India
From record IPOs to mutual fund boom: Small-town impact & other key trends shaping Indian financial markets
Buoyant IPO market Unit holding pattern of mutual funds Mutual funds saw addition of Annual returns in major indices Academy Empower your mind, elevate your skills Unique investors in mutual funds India topped the chart in global rankings by IPO volume, says EY's Global IPO Trends 2024 report Distribution of SIP folios Sebi's annual report for 2024-25 reveals a landmark year for Indian financial markets . IPO fundraising exploded to a record Rs 1.7 lakh crore across 320 companies, cementing India's global leadership in public offerings. Simultaneously, mutual fund democratisation accelerated with tier III cities, driving investor growth to 5.4 crore unique participants. Small-ticket SIPs under Rs.500 doubled, while trading volumes surged across segments. The data underscores India's financial market maturation and expanding retail participation beyond traditional metro corporates raised a record quantum of capital through equity issuances, registering the highest ever annual resource mobilisationfolios, bringing the total number of investor folios to 23.5 2024-25, Indian equity markets exhibited a tale of two halves. The first half saw significant gains followed by consolidation and corrections. Equity indices also saw mixed III cities accounted for the largest share, growing from 2.6 crore to 3.3 crore, indicating deepening penetration of mutual funds beyond metro and urban number of SIP folios with a ticket size of less than Rs.500 saw the biggest jump in 2024-2025.
