Mumbai To Finally Get Proper Monsoon Rains From June 22? Check IMD Forecast

After days of hot and humid weather, Mumbai is likely to see a significant change in conditions from Monday (June 22) onwards, with rainfall activity expected to increase across the city.

According to the India Meteorological Department (IMD), Mumbai is expected to experience hot and humid conditions along with the possibility of light rain or thundershowers till June 20. However, weather conditions are forecast to become more active from June 21, with light to moderate rainfall and thunderstorms likely in several areas. The IMD has issued a yellow alert for Mumbai, warning of thunderstorms accompanied by lightning, light to moderate rainfall and gusty winds reaching speeds of 30-40 kmph at isolated places on June 22 and June 23.

Mumbai Weather Forecast

Mumbai and Konkan region are likely to witness a noticeable shift in weather patterns over the next 48 hours. Increased moisture inflow is expected to strengthen rain activity from Sunday night, leading to more widespread showers across the region.

Rainfall Likely To Intensify Beyond Mumbai

Meanwhile, neighbouring districts are also expected to witness a gradual increase in rainfall activity over the coming days. Palghar, Thane and Raigad are likely to experience hot and humid conditions along with light rain or thundershowers until June 20. Rainfall is expected to intensify from June 21 onwards, with light to moderate showers forecast across the region. 

Thane, Palghar, Mumbai weather forecast

Mumbai Water Crisis

Amid a delayed monsoon and water shortages in parts of Mumbai, water tanker prices have surged after the Brihanmumbai Municipal Corporation (BMC) cut water supply across several areas. Currently, non-potable water costs Rs 1,800 to Rs 2,000 from Rs 1500-1800 per 10,000 litres, up 10-30%. Potable water costs Rs 2,500-3,500 from Rs 2300-3300 per 10,000 litres, a 6-25% hike.

ALSO READ: Mumbai Water Tanker Prices Surge Up To 30% Amid Water Shortage, Delayed Monsoon

 According to the latest data released by the Brihanmumbai Municipal Corporation (BMC) on June 20, water level in Mumbai lakes have dipped below 10% with current live storage denoting 9% useful content of live storage left on June 20. Total water storage across the lakes has dipped by over 60% as compared to last year

ALSO READ: Only 9% Water Left In Mumbai Lakes; Will Upcoming Monsoon Rains Be Enough?

Monsoon Likely to Advance Further In Maharashtra

Weather conditions are becoming favourable for the further advance of the southwest monsoon into more parts of Maharashtra around June 23, according to the latest forecast. The development is expected to bring increased rainfall activity across several regions of the state in the coming days.

Rainfall Activity Expected To Increase

The weather department has forecast isolated to scattered rainfall over Madhya Maharashtra and Marathwada between June 20 and June 25. Konkan is also likely to witness increased rain activity over the next few days.

Parts of Madhya Maharashtra may experience thunderstorms accompanied by lightning and gusty winds with speeds of 40-50 kmph, gusting up to 60 kmph between June 22 and June 25.

Temperatures Likely To Dip After June 20

While no significant change in daytime temperatures is expected across Maharashtra until June 20, the IMD has forecast a gradual drop of 2-3 degrees Celsius thereafter.

Southwest Monsoon 2026 Update

As per IMD's latest weather bulletin, the Northern Limit of Monsoon continues to pass through 18°N/60°E, 18°N/65°E, 18°N/70°E, Harnai, Solapur, Hyderabad, Bhadrachalam, Koraput, Phulbani, Ranchi, Jamui, Muzaffarpur and 28.3°N/83°E.

Conditions are favourable for further advance of southwest monsoon into some more parts of central Arabian Sea, Maharashtra, remaining parts of Karnataka, Telangana, Odisha, Jharkhand & Bihar, and some parts of Chhattisgarh during next 4-5 days



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Lionel Messi Faces Massive Off-Field Challenge, Family Shuts Down Rumours

Lionel Messi's father, Jorge Messi, is currently going through a health-related situation and is under medical supervision, recovering and progressing well, informed the football icon's family on Thursday. During his side's FIFA World Cup campaign opener for defending Argentina against Algeria on Wednesday, Messi was seen in tears after scoring, which he later said was because of "something unrelated to the game". "It was something totally unrelated to sport. I had some difficult, complicated days. I am grateful to the whole delegation, to all my teammates, because they were always by my side, as always, giving me a lot of strength," Messi said after the game. Messi's family has clarified that Messi's father is not in good health, but is "recovering and progressing well" under medical supervision.

A statement from the family, according to 433, read, "The Messi family informs that Jorge Messi is currently going through a health-related situation. At this time, he is under medical supervision, recovering and progressing favourably within the condition he is experiencing."

"In light of the reports, rumours, and speculation that have circulated in recent hours, the family wishes to express its deep discomfort with the lack of sensitivity, respect, and discretion with which some people have treated what is strictly a private family matter," the statement continued.

"The family also wishes to clarify that only his closest relatives have real and accurate information regarding Jorge's condition. Therefore, any version, statement, or information that does not come directly from the family and its official channels should not be considered valid or truthful," the statement added.

Messi's family asked everyone for "responsibility, prudence, and humanity".

"A person's health and the peace of mind of those around them should not be the subject of speculation or irresponsible media interest. We sincerely appreciate the expressions of affection, respect, and concern we have received, and we ask that Jorge's privacy, confidentiality, and intimacy--as well as that of his entire family--be respected throughout this process. Any relevant updates will be communicated in due course by the family and through the appropriate channels. Thank you for your understanding," said the statement cited by 433.

With his first-ever FIFA World Cup hat-trick on the day (June 16) when he had made his FIFA WC debut 20 years back, Messi tied with Miroslav Klose (16) for the joint-most goals in FIFA World Cup goals. He also earned his 200th cap for Argentina.

Argentina will now next play Austria on June 22 in Texas.



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'We Were Told Not To Take Sunny-Dimple's Pics Together,' Reveals Paparazzo

Veteran paparazzo Ramakant Munde shared inside details of how photographers accessed celebrities before paparazzi culture and social media began.

Recalling an unwritten rule from that era, Munde said they were told not to photograph Dimple Kapadia and Sunny Deol together. Dimple Kapadia and Sunny Deol were rumoured to be in a relationship, though they never acknowledged it publicly.

"Sometimes they would be together on a film set, at an event, or during a function. But they didn't like getting photographed together. Everyone in the media knew this," Ramakant Munde told Hindi Rush.

Munde recalled that instructions would come whenever the two were present at the same location.

"There was a message among photographers that if they were together, we shouldn't take pictures. Usually someone from their team would come and tell us, or there would be a signal indicating that photographs were not wanted," he said.

In an era before omnipresent paparazzi and social media, there was hardly anything about celebrities that remained hidden from the public.

Talking about the changing media landscape, Munde commented, "There wasn't that kind of demand. What sold in those days were beautiful photographs — good costumes, jewellery, makeup and glamorous looks. Publishers preferred aesthetically pleasing pictures."

"Today, people are interested in every aspect of a celebrity's personal life. But at that time, photographs of who was meeting whom didn't have the same value," he added.

Sunny Deol and Dimple Kapadia: Relationship rumours

Back in 2017, a viral video showed Dimple and Sunny holidaying in London; in the clip they were seen holding hands, which sparked chatter on X.

In 2023, Dimple Kapadia watched Gadar in theatres. She hid her long hair under a cap and posed for the paparazzi.

Dimple Kapadia and Sunny Deol co-starred in films such as Manzil Manzil, Arjun, Aag Ka Gola and Narasimha.

Several media reports have claimed that Sunny Deol, despite being married, treated Dimple Kapadia as a wife and was a factor in the actress' separation from the late actor Rajesh Khanna. However, neither of them ever acknowledged the rumoured romance.

Dimple Kapadia married superstar Rajesh Khanna in 1973, a few months before the release of her debut film Bobby. Their first child, daughter Twinkle Khanna, was born in 1974 and Rinke was born in 1977. The couple separated in 1984 but never divorced.

Sunny Deol is married to Pooja Deol and is the father of two sons — Karan and Rajveer.



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Defence Stocks Rally In Trade As India's Defence Production Touches All-Time High

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.



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RIL Dividend Details: What The AGM Notice Says On Rs 6/Share Payout

Reliance Industries Ltd.'s upcoming annual general meet is going to be key for shareholders expecting dividend payouts for FY26.

The company has informed that its Rs 6 per share dividend will be paid within seven days after the meeting is held. The meeting is scheduled to take place on June 19, 2026 (Friday) at 2:00 P.M. (IST) through Video Conferencing ("VC") /Other Audio Visual Means ("OAVM").

The Mukesh Ambani-led group did not announce an interim dividend in FY26, making the final dividend of Rs 6/share payout the only one in the fiscal 2026.  

The record date to determine eligible members for the dividend was June 5, 2026; while the June 12, 2026  was set as the "Cut-off Date" for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM. 

RIL Q4FY26 Highlights (QoQ)

Reliance Industries reported a 9% quarter-on-quarter fall in fourth-quarter profit, while operating margin posted its sharpest contraction in 14 quarters as lower profitability offset higher revenue growth.

ALSO READ: Reliance Industries Q4 Results: Profit Declines 9%, Margin Contracts The Most In 14 Quarters

Revenue rose 11% from the previous quarter, but lower operating performance weighed on earnings, the oil-to-telecom conglomerate said in an exchange filing. The operating income or the earnings before interest, tax, depreciation and amortisation fell 4% on a sequential basis and margin narrowed to 15% from 17.4%.

RIL share Price

RIL's stock ended 1.67% higher at Rs 1,328.80 apiece on the NSE on Tuesday. This compared to a 0.57% advance in the benchmark nifty index.  



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Five Stocks To Buy: Federal Bank, GAIL, Eicher Motors And More | June 16, 2026

Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on private banking, energy utilities, automotives, diversified conglomerates, and non-banking financial services.

Top picks include private lender Federal Bank, state-owned natural gas major GAIL (India), automotive heavyweight Eicher Motors, diversified conglomerate Grasim Industries, and gold loan financier Manappuram Finance.

Federal Bank

Ajit Mishra, SVP-Research at Religare Broking, noted technical strength in the private banking space. He recommended a buy on Federal Bank at the current market price of Rs 317.1 for a target of Rs 335, advising traders to maintain a stop loss at Rs 307. (Disclaimer: https://religareonline.com/disclaimer)

GAIL

Vinay Rajani, Senior Technical Research Analyst at HDFC Securities, highlighted a positive breakout setup in the utilities sector. He recommended a buy on GAIL (India) Ltd. at Rs 175 for a target of Rs 180, advising traders to maintain a stop loss at Rs 172.

Eicher Motors

Ruchit Jain, Vice President, Equity Technical Research, Wealth Management at Motilal Oswal Financial Services Ltd, tracked steady accumulation pattern in the automotive counter. He recommended a buy on Eicher Motors Ltd. for a target of Rs 7900, advising traders to maintain a stop loss at Rs 7470.

Grasim

Ruchit Jain, Vice President, Equity Technical Research, Wealth Management at Motilal Oswal Financial Services Ltd, identified strong structural support in the large-cap conglomerate space. He recommended a buy on Grasim Industries Ltd. for a target of Rs 3300, advising traders to maintain a stop loss at Rs 3100.

Manappuram

Nilesh Jain, Head AVP- Technical & Derivatives Research (Equity Research) at Centrum Broking Ltd, observed short-term momentum building up within non-banking financial services. He recommended a buy on Manappuram Finance Ltd. for a target of Rs 331, advising traders to maintain a stop loss at Rs 310.

Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.



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Restaurant Recovery: Macquarie Has Picked Winners, And Jubilant Isn't On The List

India's quick-service restaurant (QSR) industry is showing early signs of demand recovery, but Macquarie highlights rising costs and intensifying competition from food-delivery aggregators as reasons for its cautiousness. According to Macquarie, post-fourth-quarter trends indicate a gradual improvement in dine-in demand across restaurant chains. Within the sector, Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld.

However, the recovery remains uneven and is being overshadowed by inflationary pressures and the growing dominance of delivery platforms such as Zomato and Swiggy.

The brokerage said same-store sales growth across the listed QSR universe is tracking broadly in line with or slightly ahead of fourth-quarter levels. However, restaurant brands continue to trail delivery aggregators in growth, highlighting a structural shift in consumer behaviour.

To counter this trend, restaurant operators have increasingly turned to targeted discounting and value offerings aimed at attracting customers back into dine-in formats. While these initiatives could help improve footfalls, Macquarie believes they may also weigh on profitability if sustained for longer periods.

ALSO READ: 'Better Than What You Eat At Home': McDonald's India Defends Its Menu

Devyani, Sapphire and Westlife Preferred

Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld. The brokerage cited their exposure to the KFC and McDonald's formats, strong operating leverage and potential earnings upside from an eventual recovery in discretionary spending.

Devyani, in particular, could benefit from a turnaround in the Pizza Hut business following the merger of Yum franchise operations, Macquarie said.

By contrast, the brokerage remains cautious on Jubilant FoodWorks. It believes pressure on like-for-like sales growth could persist for several quarters due to a high base and the need for continued investments in dine-in recovery, risks that it believes are not fully reflected in current valuations.

ALSO READ: KFC Pulling Customers Away From Ordering Online? Here's What We Know

Inflation Remains a Key Concern

The brokerage highlighted that rising raw material costs and broader inflationary pressures continue to weigh on consumer sentiment and discretionary spending. As a result, Macquarie expects the recovery in same-store sales growth to be more gradual than previously anticipated.

This cautious view has prompted the brokerage to cut earnings estimates across its restaurant coverage universe. Forward EPS estimates for FY28 and FY29 have been reduced by 3-7%, while target prices have also been trimmed. The brokerage said earnings downgrades were amplified because lower profit bases lead to a greater flow-through impact on bottom-line estimates.

ALSO READ: Pricier Pizza, Slower Growth: Jubilant Foodworks' Q4 Leaves Brokerages Hungry For A Turnaround



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Mumbai To Finally Get Proper Monsoon Rains From June 22? Check IMD Forecast

After days of hot and humid weather, Mumbai is likely to see a significant change in conditions from Monday (June 22) onwards, with rainfall...

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Mumbai To Finally Get Proper Monsoon Rains From June 22? Check IMD Forecast

After days of hot and humid weather, Mumbai is likely to see a significant change in conditions from Monday (June 22) onwards, with rainfall activity expected to increase across the city.

According to the India Meteorological Department (IMD), Mumbai is expected to experience hot and humid conditions along with the possibility of light rain or thundershowers till June 20. However, weather conditions are forecast to become more active from June 21, with light to moderate rainfall and thunderstorms likely in several areas. The IMD has issued a yellow alert for Mumbai, warning of thunderstorms accompanied by lightning, light to moderate rainfall and gusty winds reaching speeds of 30-40 kmph at isolated places on June 22 and June 23.

Mumbai Weather Forecast

Mumbai and Konkan region are likely to witness a noticeable shift in weather patterns over the next 48 hours. Increased moisture inflow is expected to strengthen rain activity from Sunday night, leading to more widespread showers across the region.

Rainfall Likely To Intensify Beyond Mumbai

Meanwhile, neighbouring districts are also expected to witness a gradual increase in rainfall activity over the coming days. Palghar, Thane and Raigad are likely to experience hot and humid conditions along with light rain or thundershowers until June 20. Rainfall is expected to intensify from June 21 onwards, with light to moderate showers forecast across the region. 

Thane, Palghar, Mumbai weather forecast

Mumbai Water Crisis

Amid a delayed monsoon and water shortages in parts of Mumbai, water tanker prices have surged after the Brihanmumbai Municipal Corporation (BMC) cut water supply across several areas. Currently, non-potable water costs Rs 1,800 to Rs 2,000 from Rs 1500-1800 per 10,000 litres, up 10-30%. Potable water costs Rs 2,500-3,500 from Rs 2300-3300 per 10,000 litres, a 6-25% hike.

ALSO READ: Mumbai Water Tanker Prices Surge Up To 30% Amid Water Shortage, Delayed Monsoon

 According to the latest data released by the Brihanmumbai Municipal Corporation (BMC) on June 20, water level in Mumbai lakes have dipped below 10% with current live storage denoting 9% useful content of live storage left on June 20. Total water storage across the lakes has dipped by over 60% as compared to last year

ALSO READ: Only 9% Water Left In Mumbai Lakes; Will Upcoming Monsoon Rains Be Enough?

Monsoon Likely to Advance Further In Maharashtra

Weather conditions are becoming favourable for the further advance of the southwest monsoon into more parts of Maharashtra around June 23, according to the latest forecast. The development is expected to bring increased rainfall activity across several regions of the state in the coming days.

Rainfall Activity Expected To Increase

The weather department has forecast isolated to scattered rainfall over Madhya Maharashtra and Marathwada between June 20 and June 25. Konkan is also likely to witness increased rain activity over the next few days.

Parts of Madhya Maharashtra may experience thunderstorms accompanied by lightning and gusty winds with speeds of 40-50 kmph, gusting up to 60 kmph between June 22 and June 25.

Temperatures Likely To Dip After June 20

While no significant change in daytime temperatures is expected across Maharashtra until June 20, the IMD has forecast a gradual drop of 2-3 degrees Celsius thereafter.

Southwest Monsoon 2026 Update

As per IMD's latest weather bulletin, the Northern Limit of Monsoon continues to pass through 18°N/60°E, 18°N/65°E, 18°N/70°E, Harnai, Solapur, Hyderabad, Bhadrachalam, Koraput, Phulbani, Ranchi, Jamui, Muzaffarpur and 28.3°N/83°E.

Conditions are favourable for further advance of southwest monsoon into some more parts of central Arabian Sea, Maharashtra, remaining parts of Karnataka, Telangana, Odisha, Jharkhand & Bihar, and some parts of Chhattisgarh during next 4-5 days



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Lionel Messi Faces Massive Off-Field Challenge, Family Shuts Down Rumours

Lionel Messi's father, Jorge Messi, is currently going through a health-related situation and is under medical supervision, recovering and progressing well, informed the football icon's family on Thursday. During his side's FIFA World Cup campaign opener for defending Argentina against Algeria on Wednesday, Messi was seen in tears after scoring, which he later said was because of "something unrelated to the game". "It was something totally unrelated to sport. I had some difficult, complicated days. I am grateful to the whole delegation, to all my teammates, because they were always by my side, as always, giving me a lot of strength," Messi said after the game. Messi's family has clarified that Messi's father is not in good health, but is "recovering and progressing well" under medical supervision.

A statement from the family, according to 433, read, "The Messi family informs that Jorge Messi is currently going through a health-related situation. At this time, he is under medical supervision, recovering and progressing favourably within the condition he is experiencing."

"In light of the reports, rumours, and speculation that have circulated in recent hours, the family wishes to express its deep discomfort with the lack of sensitivity, respect, and discretion with which some people have treated what is strictly a private family matter," the statement continued.

"The family also wishes to clarify that only his closest relatives have real and accurate information regarding Jorge's condition. Therefore, any version, statement, or information that does not come directly from the family and its official channels should not be considered valid or truthful," the statement added.

Messi's family asked everyone for "responsibility, prudence, and humanity".

"A person's health and the peace of mind of those around them should not be the subject of speculation or irresponsible media interest. We sincerely appreciate the expressions of affection, respect, and concern we have received, and we ask that Jorge's privacy, confidentiality, and intimacy--as well as that of his entire family--be respected throughout this process. Any relevant updates will be communicated in due course by the family and through the appropriate channels. Thank you for your understanding," said the statement cited by 433.

With his first-ever FIFA World Cup hat-trick on the day (June 16) when he had made his FIFA WC debut 20 years back, Messi tied with Miroslav Klose (16) for the joint-most goals in FIFA World Cup goals. He also earned his 200th cap for Argentina.

Argentina will now next play Austria on June 22 in Texas.



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'We Were Told Not To Take Sunny-Dimple's Pics Together,' Reveals Paparazzo

Veteran paparazzo Ramakant Munde shared inside details of how photographers accessed celebrities before paparazzi culture and social media began.

Recalling an unwritten rule from that era, Munde said they were told not to photograph Dimple Kapadia and Sunny Deol together. Dimple Kapadia and Sunny Deol were rumoured to be in a relationship, though they never acknowledged it publicly.

"Sometimes they would be together on a film set, at an event, or during a function. But they didn't like getting photographed together. Everyone in the media knew this," Ramakant Munde told Hindi Rush.

Munde recalled that instructions would come whenever the two were present at the same location.

"There was a message among photographers that if they were together, we shouldn't take pictures. Usually someone from their team would come and tell us, or there would be a signal indicating that photographs were not wanted," he said.

In an era before omnipresent paparazzi and social media, there was hardly anything about celebrities that remained hidden from the public.

Talking about the changing media landscape, Munde commented, "There wasn't that kind of demand. What sold in those days were beautiful photographs — good costumes, jewellery, makeup and glamorous looks. Publishers preferred aesthetically pleasing pictures."

"Today, people are interested in every aspect of a celebrity's personal life. But at that time, photographs of who was meeting whom didn't have the same value," he added.

Sunny Deol and Dimple Kapadia: Relationship rumours

Back in 2017, a viral video showed Dimple and Sunny holidaying in London; in the clip they were seen holding hands, which sparked chatter on X.

In 2023, Dimple Kapadia watched Gadar in theatres. She hid her long hair under a cap and posed for the paparazzi.

Dimple Kapadia and Sunny Deol co-starred in films such as Manzil Manzil, Arjun, Aag Ka Gola and Narasimha.

Several media reports have claimed that Sunny Deol, despite being married, treated Dimple Kapadia as a wife and was a factor in the actress' separation from the late actor Rajesh Khanna. However, neither of them ever acknowledged the rumoured romance.

Dimple Kapadia married superstar Rajesh Khanna in 1973, a few months before the release of her debut film Bobby. Their first child, daughter Twinkle Khanna, was born in 1974 and Rinke was born in 1977. The couple separated in 1984 but never divorced.

Sunny Deol is married to Pooja Deol and is the father of two sons — Karan and Rajveer.



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Defence Stocks Rally In Trade As India's Defence Production Touches All-Time High

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.



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RIL Dividend Details: What The AGM Notice Says On Rs 6/Share Payout

Reliance Industries Ltd.'s upcoming annual general meet is going to be key for shareholders expecting dividend payouts for FY26.

The company has informed that its Rs 6 per share dividend will be paid within seven days after the meeting is held. The meeting is scheduled to take place on June 19, 2026 (Friday) at 2:00 P.M. (IST) through Video Conferencing ("VC") /Other Audio Visual Means ("OAVM").

The Mukesh Ambani-led group did not announce an interim dividend in FY26, making the final dividend of Rs 6/share payout the only one in the fiscal 2026.  

The record date to determine eligible members for the dividend was June 5, 2026; while the June 12, 2026  was set as the "Cut-off Date" for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM. 

RIL Q4FY26 Highlights (QoQ)

Reliance Industries reported a 9% quarter-on-quarter fall in fourth-quarter profit, while operating margin posted its sharpest contraction in 14 quarters as lower profitability offset higher revenue growth.

ALSO READ: Reliance Industries Q4 Results: Profit Declines 9%, Margin Contracts The Most In 14 Quarters

Revenue rose 11% from the previous quarter, but lower operating performance weighed on earnings, the oil-to-telecom conglomerate said in an exchange filing. The operating income or the earnings before interest, tax, depreciation and amortisation fell 4% on a sequential basis and margin narrowed to 15% from 17.4%.

RIL share Price

RIL's stock ended 1.67% higher at Rs 1,328.80 apiece on the NSE on Tuesday. This compared to a 0.57% advance in the benchmark nifty index.  



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Five Stocks To Buy: Federal Bank, GAIL, Eicher Motors And More | June 16, 2026

Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on private banking, energy utilities, automotives, diversified conglomerates, and non-banking financial services.

Top picks include private lender Federal Bank, state-owned natural gas major GAIL (India), automotive heavyweight Eicher Motors, diversified conglomerate Grasim Industries, and gold loan financier Manappuram Finance.

Federal Bank

Ajit Mishra, SVP-Research at Religare Broking, noted technical strength in the private banking space. He recommended a buy on Federal Bank at the current market price of Rs 317.1 for a target of Rs 335, advising traders to maintain a stop loss at Rs 307. (Disclaimer: https://religareonline.com/disclaimer)

GAIL

Vinay Rajani, Senior Technical Research Analyst at HDFC Securities, highlighted a positive breakout setup in the utilities sector. He recommended a buy on GAIL (India) Ltd. at Rs 175 for a target of Rs 180, advising traders to maintain a stop loss at Rs 172.

Eicher Motors

Ruchit Jain, Vice President, Equity Technical Research, Wealth Management at Motilal Oswal Financial Services Ltd, tracked steady accumulation pattern in the automotive counter. He recommended a buy on Eicher Motors Ltd. for a target of Rs 7900, advising traders to maintain a stop loss at Rs 7470.

Grasim

Ruchit Jain, Vice President, Equity Technical Research, Wealth Management at Motilal Oswal Financial Services Ltd, identified strong structural support in the large-cap conglomerate space. He recommended a buy on Grasim Industries Ltd. for a target of Rs 3300, advising traders to maintain a stop loss at Rs 3100.

Manappuram

Nilesh Jain, Head AVP- Technical & Derivatives Research (Equity Research) at Centrum Broking Ltd, observed short-term momentum building up within non-banking financial services. He recommended a buy on Manappuram Finance Ltd. for a target of Rs 331, advising traders to maintain a stop loss at Rs 310.

Disclaimer: The views and opinions expressed by the investment advisers on NDTV Profit are of their own and not of NDTV Profit. NDTV Profit advises users to consult with their own financial or investment adviser before taking any investment decision.



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Restaurant Recovery: Macquarie Has Picked Winners, And Jubilant Isn't On The List

India's quick-service restaurant (QSR) industry is showing early signs of demand recovery, but Macquarie highlights rising costs and intensifying competition from food-delivery aggregators as reasons for its cautiousness. According to Macquarie, post-fourth-quarter trends indicate a gradual improvement in dine-in demand across restaurant chains. Within the sector, Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld.

However, the recovery remains uneven and is being overshadowed by inflationary pressures and the growing dominance of delivery platforms such as Zomato and Swiggy.

The brokerage said same-store sales growth across the listed QSR universe is tracking broadly in line with or slightly ahead of fourth-quarter levels. However, restaurant brands continue to trail delivery aggregators in growth, highlighting a structural shift in consumer behaviour.

To counter this trend, restaurant operators have increasingly turned to targeted discounting and value offerings aimed at attracting customers back into dine-in formats. While these initiatives could help improve footfalls, Macquarie believes they may also weigh on profitability if sustained for longer periods.

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Devyani, Sapphire and Westlife Preferred

Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld. The brokerage cited their exposure to the KFC and McDonald's formats, strong operating leverage and potential earnings upside from an eventual recovery in discretionary spending.

Devyani, in particular, could benefit from a turnaround in the Pizza Hut business following the merger of Yum franchise operations, Macquarie said.

By contrast, the brokerage remains cautious on Jubilant FoodWorks. It believes pressure on like-for-like sales growth could persist for several quarters due to a high base and the need for continued investments in dine-in recovery, risks that it believes are not fully reflected in current valuations.

ALSO READ: KFC Pulling Customers Away From Ordering Online? Here's What We Know

Inflation Remains a Key Concern

The brokerage highlighted that rising raw material costs and broader inflationary pressures continue to weigh on consumer sentiment and discretionary spending. As a result, Macquarie expects the recovery in same-store sales growth to be more gradual than previously anticipated.

This cautious view has prompted the brokerage to cut earnings estimates across its restaurant coverage universe. Forward EPS estimates for FY28 and FY29 have been reduced by 3-7%, while target prices have also been trimmed. The brokerage said earnings downgrades were amplified because lower profit bases lead to a greater flow-through impact on bottom-line estimates.

ALSO READ: Pricier Pizza, Slower Growth: Jubilant Foodworks' Q4 Leaves Brokerages Hungry For A Turnaround



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