Latest news with #Mundle


Indian Express
29-05-2025
- Business
- Indian Express
Must move savings into productive assets for 8-8.5% growth: RBI MPC member Nagesh Kumar
India faces a 'major issue' of domestic savings not getting 'translated' into productive assets, according to Nagesh Kumar, director of New Delhi-based Institute for Studies in Industrial Development and one of the three external members on the Reserve Bank of India's (RBI) Monetary Policy Committee. Speaking at a panel discussion on Thursday at the Confederation of Indian Industry's Annual Business Summit, Kumar said that without more investment in productive assets, India will not be able to increase its growth rate to 8-8.5 per cent from 6-6.5 per cent. India's GDP growth rate in 2024-25 is seen at 6.5 per cent, the lowest in four years, as per the statistics ministry's second advance estimate, released in February 2025. The ministry will announce the provisional estimate for 2024-25 GDP on Friday. For the current fiscal, the finance ministry has forecast a growth rate of 6.3-6.8 per cent, while the RBI has projected an expansion of 6.5 per cent. Kumar argued for the re-direction of Indian households' savings from speculative assets into productive investments. Fellow panelist Sudipto Mundle, chairman of the board of governors of Centre for Development Studies, also voiced his concerns about households' financial savings, which he said had to be increased. As per latest data, net financial savings of Indian households edged up to 5.2 per cent of GDP in 2023-24 from a multi-decade low of 5.0 per cent in 2022-23. Skill gap Mundle also warned of a skill gap in India's work force and said the government, in the short term, had no option but to encourage the growth of labour-intensive industries. In the long-term, the country faced the challenge of staying competitive in the face of transformations caused by generative artificial intelligence. To tackle this challenge, Mundle called for skilling the workforce and putting 'very serious' investment in research and development. Ipsita Dasgupta, managing director of HP India and another member on the CII panel, echoed Mundle's views, going on to warn that 90 per cent of the 15 lakh engineers that graduate in India every year 'are unemployable as engineers'. 'We are the country that is actually going to power the rest of the aging world. And we need to seriously address the fact that there is 200-250 million students today who need to be employable, who need to be able to find work, and who need to fit into the global economy,' Dasgupta said.


BBC News
08-04-2025
- Sport
- BBC News
Who should replace injured Mundle on left wing?
Sunderland winger Romaine Mundle could miss the rest of the season after suffering a recurrence of a hamstring injury during Saturday's 1-0 win at West Bromwich Eliezer Mayenda deputised out wide in Mundle's absence when he went off on Saturday, while Brighton-bound Tommy Watson and Enzo Le Fee, who returned from injury at the Hawthorns, are also would you like to see fill the spot in the final six Championship games and potential play-off matches?Let us know your thoughts here on who should replace Mundle on the left wing and the reasons why.


BBC News
07-04-2025
- Sport
- BBC News
Mundle possibly out for the season
Sunderland boss Regis Le Bris says it is "possible" that winger Romaine Mundle could miss the rest of the season following a return of his hamstring injury in Saturday's 1-0 win at West Brom. The head coach told BBC Radio Newcastle's Nick Barnes: "We don't have a timeline. We are seeking other advice so we will have to wait."Striker Eliezer Mayenda was selected as Mundle's replacement on the left-wing despite other options available on the bench. Tommy Watson, who is joining Brighton in the summer, was an unused substitute and Enzo Le Fee previously played there before he was injured. Le Fee returned to the side from the bench in his favoured central role against West Brom and Le Bris has previously stated he is keen to keep him as a number 10 going forward. Discussing whether Mundle's injury changes those plans, Le Bris added: "First of all we have to protect Enzo."The question mark for him is to gradually improve his shape and his connection to the team without being a rush. We still have six games left in this league. So, many experiences, many opportunities to test different options."A win at Norwich on Tuesday would finally confirm Sunderland's place in the Championship play-offs, and with a handful of games left to go, it gives Le Bris plenty of time to find the best way to replace Mundle and also gently bring back Le Fee from his Frenchman added: "The core of the group is still small but we are in a very good place and we can manage a little bit more now, the rotation, the experiences we can give. Some for some young players and to rotate a bit more of the squad."You can listen to more from Regis Le Bris ahead of Norwich on BBC Sounds.


New York Times
05-04-2025
- Sport
- New York Times
Romaine Mundle interview: Lessons from Antonio Conte, Standard Liege and lighting up Sunderland
Sunderland needed inspiration. A goal down to Preston North End with four minutes to go last month, they were ambling to a home defeat that would dent their push for a spot in the Championship's end-of-season promotion play-offs. Romaine Mundle had other ideas. It was as though time stood still: a small feint, four touches, a sway of the hips and a shift of the ball preceded a sumptuous shot which curled and dipped into the top corner. Mundle had produced something out of nothing, as he often has this season. It was the latest act of brilliance from one of the Engish second tier's most exciting wingers. 'That is an UNBELIEVABLE goal!' ✨ Romaine Mundle 👏 — Sky Sports Football (@SkyFootball) March 11, 2025 Mundle's senior career all began with a tackle. It might seem surprising, given he is a skilful and creative winger who made a name for himself with Tottenham Hotspur's under-21s. But a moment of tenacity caught the eye of Spurs' head coach at the time, former Juventus and Italy midfielder Antonio Conte, and saw Mundle promoted to the first-team squad in early 2023. 'I made a strong tackle on a first-teamer, then I scored. I remember Conte mouthing to one of the coaches who was pointing at me,' the now 21-year-old says. 'After the session, one of the directors told me Conte wanted me to be with the first team full-time.' ⚡️ We've taken an early lead at The Lamex Stadium Mundle with the goal, Donley with the assist 💪#TOTLIV // 1-0 — Tottenham Hotspur (@SpursOfficial) August 26, 2022 Mundle had been given a taste of senior level with the London club before, making the bench for the first leg of a Europa Conference League play-off tie against Pacos de Ferreira of Portugal in August 2021 during Nuno Espirito Santo's brief reign and joining their training sessions sporadically. Making the step up was a proud moment for the youngster who had been at the club since he was six; a Spurs fan who lived opposite their old stadium White Hart Lane and grew up idolising their England winger Aaron Lennon. After joining the first team, he classed Lucas Moura, Ben Davies and Eric Dier as mentors. Advertisement 'I remember going into the gym and doing all the prep, trying not to look out of place,' Mundle says. 'Then Eric told me to just follow him, do what he does. It was practising the habits that the first-team players had and trying to learn from them. He (Dier) told me to enjoy training and express myself.' It took a while for Mundle to adapt to Conte's physically demanding training sessions. There were hard runs before and after training, and drills that were high in intensity. He remembers his body feeling 'completely destroyed' but needing to recover to go through more of the same the following day. Another thing Mundle had to get used to at Tottenham were managerial changes. By March 2023, Conte had departed and, like predecessor Nuno, he had left under a cloud. Mundle remains effusive about the pair, who are currently having fruitful seasons with Napoli, second in Italy's Serie A, and Nottingham Forest, third in the Premier League after battling relegation for the previous two years, respectively. 'Two good managers, two different ways of coaching,' he says. 'Training with Nuno was more fluid, but Conte was big on the tactical stuff. We knew what was expected, even the young boys. He was an amazing manager. What you see on the sidelines is him; a strong character, a lot of passion. Everything with him was intense and we had to adapt to it.' Mundle only made the bench twice under Conte without getting onto the pitch but hoped his senior debut would come under interim manager Ryan Mason, his ex-academy coach, in the final weeks of that 2022-23 season. But with opportunities not forthcoming and his contract coming to an end, Mundle was keen to move on for first-team football, despite having a new deal at Spurs on the table. He had offers from Reims of France's Ligue 1, Championship sides Blackburn Rovers and Stoke City, and Anderlecht. It was their fellow Belgian top-flight side Standard Liege who offered the best proposal and Mundle signed in the June. Advertisement This path proved tumultuous, however. The start was positive, as Mundle played as a substitute in Standard's first four league games of last season before an ankle injury curtailed his progress. There were major issues off the pitch, too, with the club struggling financially under owners 777 Partners, the U.S. investment firm whose attempts to buy Everton collapsed in June. 'The first couple of weeks I thought, 'Wow, I'm in a different country with a different style of football',' Mundle says. 'I had to be on the ball with everything: how I ate, adapting to a new culture, seeing new ways of playing. I'd gone from Spurs, where everything is done for you, to a new environment. '(The financial situation) was tough. I used to go into training and see things, but I had to put it to the back of my mind. Any time I step on a pitch, any thoughts and problems just go away.' By the winter transfer window, Mundle was at a crossroads again. What next for the young winger, who had only made six appearances in the Belgian top flight, none of them starts, in his debut season with Standard? 'Initially, I wanted to go out on loan,' Mundle says. 'But then Sunderland came and explained their project to me. 'I went from being at Tottenham for 15 years to being at a club for six months, so that was new for me. As soon as I'd unpacked my stuff (in Liege), I had to pack it up again and leave the country. But I was grateful for Sunderland giving me that opportunity, because in Belgium I was thinking, 'Have I wasted six months? I could be done here…' Football doesn't wait for anyone. Sunderland reignited that spark.' The remainder of last season also had its complications. Michael Beale, the manager who had brought Mundle to Sunderland, was sacked less than three weeks after he signed. Mundle made 11 appearances and played only nine minutes across the final six league fixtures — fellow former Spurs winger Jack Clarke, who was also key in convincing him to join the north-east club, was being picked ahead of him — as Sunderland sank to a disappointing 16th-placed finish. Advertisement 'I went away in the summer thinking, 'I need to do a lot of work here',' Mundle says. 'The first week of the off-season, I didn't speak to anyone. I had to work on myself physically, mentally, and be smarter than the men that have been playing for years: 'They may not be quicker or stronger than you, but they're smarter'. I had to improve my game.' He did that — fast — scoring three goals in as many starts under new French head coach Regis Le Bris in August and early September. Playing off the left in a 4-2-3-1, Mundle's bravery in attacking full-backs has earned rave reviews and he has contributed five goals and two assists in 21 Championship appearances, 16 of them starts, for a side currently fourth in the table with seven games to go. It has been a good year for Mundle's younger brother Rio, too; the 17-year-old, who plays at full-back or in midfield, signed his first professional contract at fellow Championship side Norwich City in November. Going into this weekend's round of fixtures, Mundle's rate of 9.8 progressive carries (defined as a ball carry that moves it at least 10 yards closer to the opponent's goal) per 90 minutes was the third-highest in the Championship behind Mikey Johnston of West Bromwich Albion (11.2) and Middlesbrough's Liverpool loanee Ben Doak (10.2). Only three players in the second tier were averaging more than his 6.6 take-ons per 90. On that flank, he has combined well with left-back and fellow Spurs academy graduate Dennis Cirkin, 22. Le Bris' team is packed with young talents, with the lowest average age in the division at 23.2. Chris Rigg, still only 17, continues to shine in midfield, while a £10million ($12m) deal has just been agreed for 18-year-old winger Tommy Watson to join the Premier League's Brighton & Hove Albion in the summer. Jobe Bellingham continues to impress, too, and has a good relationship with Mundle on and off the pitch. There have been low times, however, such as the hamstring injury in November that kept him sidelined for three months. Or being the subject of racism on social media. 'Uneducated people… it was an opportunity for me to speak up honestly about it,' Mundle says. 'If it's brushed under the carpet, how will people learn?' Advertisement There have been bizarre moments, too. Last week, after winning a penalty against Millwall, Mundle was miffed when the ball was given to defender Luke O'Nien instead of being allowed to take it himself. O'Nien then had the spot kicked saved, but Mundle says the incident was a 'misunderstanding' that ultimately proved academic in a 1-0 Sunderland win. That victory kept them fourth, nine points off the top three and 15 clear of seventh place, with the sides finishing third through sixth making the play-offs. An away win today (Saturday) against West Brom, who are one of the many teams still eyeing the final two play-off spots, would help Mundle's belief that Sunderland can still challenge for one of the two automatic promotion spots. 'It's not a big margin; it's three wins,' he says. 'We're not going to rule ourselves out until it's over. It's about building momentum. It would be amazing to get to the Premier League. I want to do that with Sunderland.'


BBC News
20-02-2025
- Sport
- BBC News
Mundle ready to return for Black Cats
Regis Le Bris is ready to pitch winger Romaine Mundle back into the first-team mix against Hull City on Saturday after more than three months on the 21, has been absent with a hamstring injury since early November but was an unused substitute on Monday when the Black Cats were beaten in stoppage time by Championship pacesetters following another week on the training ground, Mundle is firmly in contention for a return against the Tigers on Saturday (12:30 GMT)."Romaine should be OK now," Le Bris said. "We felt against Leeds it was just a little bit too soon. It's not just about the minutes, it's about a strong opponent in and out of possession. "But I think he is ready now. We didn't rush the process at Leeds, especially because of the intensity of that game. We felt it was just a little bit too early for him but for now, I think it will be OK."Le Bris says Mundle's return has contributed to a situation where Sunderland's bench strength is better than at any time this season."We will have more options now, I think our bench is the strongest it has been. It is good to refresh the team because the other players have played a lot of minutes, they need help and energy."