Defence stocks rallied sharply on June 17, with broad-based gains across the sector as India's defence production reached an all-time high of Rs 1.78 lakh crore in the Financial Year (FY) 2025-26, marking a significant milestone in the country's push towards self-reliance in defence manufacturing. Paras Defence emerged as the top gainer, surging 12.89%, followed by Astra Microwave Products, which advanced 7.72%, and MTAR Technologies, up 6.99%. Data Patterns gained 4.81%, while Bharat Dynamics rose 4.39%. Among the public sector defence names, Garden Reach Shipbuilders climbed 3.67%, Hindustan Aeronautics Ltd. (HAL) added 3.51%, and Cochin Shipyard gained 3.39%. Mazagon Dock Shipbuilders rose 2.43%, while Mishra Dhatu Nigam and DCX Systems advanced 2.14% and 1.84%, respectively. Bharat Electronics Ltd. (BEL) gained 1.58%, and IdeaForge Technology rose 1.29%. Bharat Forge was the laggard within the pack, up 0.46%. The record output represents a 15.6% increase compared ...
- The India Meteorological Department has forecast of extremely heavy rains in isolated parts of districts in Saurashtra on Thursday.
- With the latest spell, Gujarat has so far received 105 per cent of its average annual rainfall, the State Emergency Operations Centre has said.
- Twenty-nine people have died in rain-related incidents since the deluge started on Sunday. Around 18,000 people have been evacuated to safety.
- Water from the Ajwa and Pratappura Reservoirs was released into Vishwamitri River, causing floods downstream. Parts of Vadodara and other cities and villages along the river have been under 10 to 12 feet of water.
- Vadodara grappled with floods as the Vishwamitri river, flowing through the city, breached its banks and entered residential localities, inundating buildings, roads and vehicles.
- An official release said 140 reservoirs and dams, and 24 rivers in the state were flowing above the danger mark.
- Besides the National and State Disaster relief forces, the Army, the Air Force and the Coast Guard have been called in for rescue and relief work.
- Many people are yet to be evacuated from flooded areas. Hungry and wet, they are struggling to stay safe, moving to rooftops under temporary sheds.
- This morning, Prime Minister Narendra Modi spoke to Chief Minister Bhupendra Patel and assured all possible support and assistance.
- State health minister Rushikesh Patel said the government is considering diverting the flood water into the Narmada canal instead of releasing it in Vishwamitri river
from NDTV News- Special https://ift.tt/m9yOht3
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