Former Pakistan skipper Ramiz Raja has criticised the PCB for removing Shan Masood as the Test captain for the upcoming tours of West Indies and England. The PCB has reinstated Babar Azam as the skipper, something that hasn't gone down well with Raja, who is also a former cricket board chairman. Incidentally Babar led the national Test team from 2020 to 2023. “You give him an ordinary Test team and then expect him to produce good results,” Ramiz commented on his YouTube channel. He expressed concerns that Babar, who had replaced Shan as the Test captain for the coming tours of the Caribbean and England, would also face similar challenges. "If I had been in Shan's place, I would have submitted a written protest with the board that when a captain is consistently given a group of ordinary players consistently then how can you expect positive results?," Raja lashed out at PCB mandarins. “If the standard of the Test squad is not good, how is the captain only responsi...
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 to the previous fiscal year, when defence production stood at Rs 1.54 lakh crore. It also reflects a remarkable 110% growth from FY 2020-21, when production was valued at Rs 84,643 crore. Compared to FY 2013-14, indigenous defence production has increased nearly fourfold from Rs 43,746 crore, said the Ministry of Defence.
Defence Public Sector Undertakings (DPSUs) and other public sector units contributed around 76% of the total defence production, while the private sector accounted for 24%.
The private sector's contribution reached an all-time high of approximately Rs 42,000 crore in FY 2025-26, rising from 22% in the previous fiscal year.
from NDTV News- Special https://ift.tt/pSU4HGv
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