NEW DELHI: India batter Prithvi Shaw has sparked fresh speculation about his cricketing future after sharing a cryptic message on Instagram just days before the Indian Premier League (IPL) 2025 resumes. The 24-year-old, who last played competitive cricket in December 2024 during the Syed Mushtaq Ali Trophy, posted an Instagram story on Wednesday that read: “I need a break.”Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!Shaw has been in the headlines more for his struggles than his strokeplay in recent years. Once hailed as the next big thing in Indian cricket, his career has witnessed a steady slide due to poor form, recurring fitness issues, and off-field concerns. Who’s that IPL player?The talented opener was dropped from the Mumbai domestic squad earlier this year and went unsold in the IPL 2025 mega auction, despite having scored 1892 runs in 79 matches for Delhi Capitals at a strike rate of 147.46.

His cryptic post comes just ahead of IPL 2025’s resumption on May 17, following a week-long suspension due to geopolitical tensions. The timing of his message has prompted fans and former cricketers to wonder whether Shaw is hinting at deeper issues or a possible change in direction.
Former Mumbai teammate and current Punjab Kings batter Shashank Singh recently spoke about Shaw on a podcast, saying, “Prithvi Shaw is underrated. If he goes back to his basics, he can achieve anything… Maybe he needs to sleep at 10 PM instead of 11, improve his diet. If he accepts and changes some of these things, it would be the best thing for Indian cricket.”
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Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. US authorities are preparing to announce one of the biggest cuts in banks’ capital requirements for more than a decade, marking the latest sign of the deregulation agenda of the Trump administration. Regulators were in the next few months poised to reduce the supplementary leverage ratio, according to several people familiar with the matter. The rule requires big banks to have a preset amount of high-quality capital against their total leverage, which includes assets such as loans and off-balance sheet exposures such as derivatives. It was established in 2014 as part of sweeping reforms in the wake of the 2008-09 financial crisis. Bank lobbyists have been campaigning against the rule for years, saying it punishes lenders for holding even low-risk assets such as US Treasuries, hinders their ability to facilitate trading in the $29tn government debt market and weakens their ability to extend credit. “Penalising banks for holding low-risk assets like Treasuries undermines their ability to support market liquidity during times of stress when it is most needed,” said Greg Baer, chief executive of the Bank Policy Institute lobby group. “Regulators should act now rather than waiting for the next event.” Lobbyists expect regulators to present reform proposals by the summer. The mooted loosening of capital rules comes at a time when the Trump administration is slashing regulations in everything from environmental policies to financial disclosure requirements. Critics, however, say it is a worrying time to cut bank capital requirements given the recent market volatility and policy upheaval under the administration of President Donald Trump. “Given the state of the world, there are all kinds of risks out there — including for US banks the role of the dollar and the direction of the economy — it doesn’t sound like the right time to relax capital standards at all,” said Nicolas Véron, senior fellow at the Peterson Institute for International Economics. A move to dial back the SLR would be a boon to the Treasury market, analysts say, potentially helping Trump achieve his goal of reducing borrowing costs by allowing banks to buy more government debt. It would also encourage banks to begin taking a bigger role in trading Treasuries after the industry ceded ground to high-frequency traders and hedge funds as a result of rules put in place after the financial crisis. Leading US policymakers have expressed support for easing the SLR rule. Scott Bessent, US Treasury secretary, said last week that such reform was “a high priority” for the main banking regulators — the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation. Fed chair Jay Powell said in February: “We need to work on Treasury market structure, and part of that answer can be, and I think will be, reducing the calibration of the supplemental leverage ratio.” The biggest eight US banks currently need to have so-called tier one capital — common equity, retained earnings and other items that are first to absorb losses — worth at least 5 per cent of their total leverage. The largest European, Chinese, Canadian and Japanese banks are held to a lower standard, with most requiring capital of only between 3.5 per cent and 4.25 per cent of their total assets. Bank lobbyists hope the US will bring its leverage ratio requirements in line with international standards. Another option considered by regulators is to exclude low-risk assets such as Treasuries and central bank deposits from the leverage ratio calculation — as happened temporarily for a year during the pandemic. Analysts at Autonomous estimated recently that reintroducing this exemption would free up about $2tn of balance sheet capacity for big US lenders. But this would make the US an international outlier and regulators in Europe worry it could prompt lenders to push for similar capital relief on holdings of Eurozone sovereign debt and UK gilts. Most big US banks are more constrained by other rules such as the Fed’s stress tests and risk-adjusted capital requirements, which may limit how much they benefit from SLR reform. Morgan Stanley analysts estimated recently that only State Street was genuinely “constrained” by the SLR. “Aligning US rules with international standards would give more capital headroom to the big banks than exempting Treasuries and central bank deposits from the supplementary leverage ratio calculations,” said Sean Campbell, chief economist at the Financial Services Forum lobby group, which represents the eight biggest US banks. The Fed, the OCC and FDIC declined to comment.
US poised to dial back bank rules imposed in wake of 2008 crisis