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NEW DELHI: The defence ministry has fully utilised its capital outlay of Rs 1.86 lakh crore (revised estimate) for FY2025-26. In FY2024-25 too, the ministry had utilised its capital budget fully. The overall use of the defence budget, including MoD (civil) and pension, during FY2025-26 stood at 99.62 per cent.The original appropriation for capital expenditure in the fiscal was Rs 1.8 lakh crore, which was raised by finance ministry in view of the pace of expenditure achieved by defence ministry during the first two quarters and given the increased requirement of forces for modernisation and other purposes post-Op Sindoor, a ministry’s release said.A significant portion of the expenditure was towards acquisition of aircraft and aero engines, followed by land systems, electronic warfare equipment, armaments, shipbuilding, aviation stores and projectiles. Also included were proposals for acquisition of multi-role fighter aircraft, medium-altitude long-endurance remotely piloted aircraft for IAF, mine counter measure vessels for Navy, and quick-reaction surface-to-air missile system and Nag missile system Mark-2 for Army.In financial year 2025-26, acceptance of necessity for 109 proposals amounting to Rs 6.81 lakh crore was accorded by defence ministry, compared to 56 proposals worth Rs 1.76 lakh crore approved in FY2024-25. Also, capital procurement contracts for a total of 503 proposals amounting to Rs 2.28 lakh crore were signed by the ministry in FY2025-26.With a hike of 22%, the budget has allocated Rs 2.19 lakh crore under capital head for FY2026-27.
Senior officials of the defence ministry and PSU BEL ink the mountain radar deal in New Delhi on Tuesday
NEW DELHI: The defence ministry has inked a major capital acquisition contract with PSU Bharat Electronics Limited (BEL) for the procurement of two mountain radars, including associated equipment and infrastructure, for the Indian Air Force, at a cost of around Rs 1,950 crore.The installation and commissioning of these radars will boost the country’s air defence and strengthen national security. The procurement will also reduce the dependency on foreign equipment.The radars are indigenously designed and developed by DRDO’s electronics and radar development establishment, and will be manufactured by BEL.The contract, under the Buy (Indian-indigenously designed, developed and manufactured) category, was signed in the presence of senior officials of the defence ministry and BEL on March 31. This was the last capital acquisition contract in the last financial year.
NEW DELHI: The sports celebrity endorsement market is valued at Rs 1,350 crore ($153 million), marking a 2.2 times growth over the past four years, according to a recent report by WPP Media. Cricket dominates the space, contributing 87 per cent or Rs 1,178 crore ($133 million), while other sports account for Rs 173 crore ($20 million).“With rising sophistication in the endorsement arena, athlete-led endeavours are steadily becoming institutionalised, indicating a more coordinated approach to value extraction,” said the 13th edition of the ‘Sporting Nation: Building a Legacy’ report.
It continued: “This pattern is particularly evident among high-profile players who are leveraging their stature to create well-designed deals.”One example of this is Virat Kohli’s association with One8 and his strategic investment in becoming a co-owner of Agilitas Sports.As elite athletes identify their economic worth, they’ve also started to shift from traditional talent management agencies to taking direct charge of their contracts through independent ventures or in-house offices managed by friends and family.“Athletes are increasingly viewing themselves as enterprise entities rather than solely as represented talent,” stated the WPP Media report.After a 12-year association with Reliance Industries’ RISE Worldwide, Hardik Pandya, one of the most bankable Indian cricketers, officially parted ways in November last year. “I’m excited to share that I’m officially setting up my family office [Hardik Pandya Family Office] to bring all my business ventures, investments and off-field commitments under one unified version. This is an important step towards building long-term meaningful opportunities on and off the field, and I could not be more thrilled about what is ahead,” he said in a post on November 26.Alongside Hardik, his brother Krunal Pandya, Ishan Kishan and Shreyas Iyer also left the sports and lifestyle business arm of RIL.
A professional athlete career is a race against time. At 35, when most individuals pursuing successful careers in their respective fields wonder how to take their professional journeys to the next level, a top sportsperson begins to wonder what he or she will be doing next
Shreyas Iyer | Punjab Kings captain
Krunal is now managed by the same agency as Hardik. Ishan Kishan, who parted in February this year, has his affairs managed by a friend. Iyer, meanwhile, has started 96 Degree to manage his affairs.“..Hunger to score runs and win championships remain the bedrock of my life, my perspective has widened,” wrote Iyer, the ODI vice-captain and skipper of IPL franchise Punjab Kings, in the WPP Media report.“A professional athlete’s career is a race against time. At 35, when most individuals pursuing successful careers in their respective fields wonder how to take their professional journeys to the next level, a top sportsperson begins to wonder what he or she will be doing next. Didn’t someone say sport is cruel?”
My early career experiences have shaped my financial sobriety. My philosophy towards wealth is deeply intertwined with the lessons I have learned on the 22 yards, discipline, patience and a calculated approach to risk.
Shreyas Iyer
“We earn most of our lifetime income in a condensed window. To manage this effectively, one must shift from the mindset of ‘earning income’ to ‘building generational value.’ I’ve looked closely at global icons — athletes who have transitioned from being superstars to operating as sophisticated investment platforms. They don’t just sign checks; they own the cap table. ““My early career experiences have shaped my financial sobriety. My philosophy towards wealth is deeply intertwined with the lessons I’ve learned on the 22 yards, i.e., discipline, patience and a calculated approach to risk.”“Starting my own management firm, ’96 Degree’ is not a departure from those relationships, but rather the next chapter built upon the strong foundations we laid together. It is a transition from ‘managed talent’ to self-determined entrepreneurship,” he continued while thanking those at RISE Worldwide.“I hope this move inspires younger athletes to think financially from the start. We need more financial education for the athletes in India, moving away from “advice from friends” toward entrepreneurial excellence,” he added.
In non-cricket, this trend of leaving the (traditional) agencies and starting your own individual thing is not there. Neeraj is an exceptional case. Otherwise, 99.9% of the athletes are managed by one of the other larger agencies
Rahul Trehan, COO of iOS Sports and Entertainment
Other notable cricketers keeping things independent or in-house are Test and ODI skipper Shubman Gill, Rishabh Pant and Sanju Samson. Before this young bunch, Sunil Gavaskar (PMG Sports), Sachin Tendulkar (SRT Sports Management) and MS Dhoni (Midas Deals) also managed their own commercial interests.An industry insider said another major reason elite athletes step away from traditional agencies is that they can control their affairs better, rather than jostling for deals with their peers. The dividends are already visible for some, as they are reaping endorsements at 3x their previous values.
The trend is not limited to cricket. Two-time Olympic medallist and world champion Neeraj Chopra ended his decade-long association with JSW Sports and launched his own management agency, Vel Sports, earlier this year.But Neeraj is a one-off in the non-cricket space.“In non-cricket, this trend of leaving the (traditional) agencies and starting your own individual thing is not there. Neeraj is an exceptional case. Otherwise, 99.9% of the athletes are managed by one of the other larger agencies,” said Rahul Trehan, COO of IOS Sports and Entertainment.Their roster includes multiple Olympic medallists: Vijender Singh (boxing), Anju Bobby George (athlete), Mirabai Chanu (weightlifting), Hardik Singh, Manpreet Singh (hockey), and Lovlina Borgohain (boxing).
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He pointed out that non-cricket athletes have reason to be cautious, as the market is volatile for them and cyclical depending on marquee events.“Cricket is a sport where there’s a regular dosage for the audience. In non-cricket events, there are fewer, and in most cases, there is no live telecast. So the recall value is higher in cricket as compared to non-cricket,” explained Trehan.“In cricket, one knock can take your brand value up. But, in non-cricket competitions, there are fewer, and it is mostly a game of a four-year cycle. The Olympics are the biggest event for them.”“If you see Manu Bhaker, she was in the limelight after the (Paris) Olympics. Now again, the market is slow for her. Every Olympics, we get a new star. In 2016, it was Sakshi Malik; there was also Deepa Karmakar. Neeraj got good deals after the Tokyo Olympics. Manpreet (Singh) got good deals… it is not like cricket,” he added.
A couple of golden ducks and multiple early blows could not stop Delhi Capitals (DC) from registering their first win in their opening match of the IPL 2026 season. Chasing a target of 142, they won the match by 6 wickets and 17 balls to spare.
The run instantly got tricky as Lucknow Super Giants (LSG) pacer Mohammed Shami sent Delhi Capitals opener KL Rahul for a golden duck. Captain Axar Patel also returned for a golden duck with his name. Despite the multiple early setbacks, DC held their nerves strongly to make a comeback in the contest and eventually won the match against LSG at the Ekana Stadium in Lucknow as well.
Sri Lanka international Pathum Nissanka (1) and an IPL stalwart Nitish Rana (15) also departed cheaply in the run chase. In the second innings, Delhi was on 26 for 4, and LSG was in the driving seat.
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While the experienced batters went off guard quickly, two emerging players— Sameer Rizvi and Tristan Stubbs— remained firm on their grounds to make a counterattack against the thriving LSG bowlers.
Delhi Capitals included Rizvi in their batting power as an Impact Player, and it worked out for them tonight as the 22-year-old remained not out for 70 runs in 47 balls, smashing a total of nine boundaries, including five 4s and six 6s. South Africa international Tristan Stubbs accompanied Rizvi well with a gritty, unbeaten 39-run knock against 32 balls with three 4s and one 6.
The Lucknow Super Giants skipper Rishabh Pant introduced seven bowlers in their defence but they proved ineffective as Rizvi and Stubbs were prepared for all kinds of challenges.
In the match after the presentation ceremony, Patel revealed that they needed to choose between Sameer Rizvi and Asutosh Sharma for the impact player role. He praised his bowling department as well for restricting the opposing team to a reasonable total. Patel pointed out that the partnership of Rizvi and Stubbs was essential during that stage of the match.
“It finished early but in the middle it had become close. We just needed one partnership and that’s what we spoke about in the break. Very happy with the bowling effort. When we started with the ball, we knew there was a bit of help for the bowlers, which was communicated to whoever was coming onto bowl,” Axar Patel, the captain of the Delhi Capitals said after the match.
“You see how the match is going, there was a bigger and smaller boundary, and I was seeing who I could bowl, in the end, I might have miscalculated. The plan was to play Sameer Rizvi, but also have the option of Ashutosh Sharma. Last year Ashu did it in the first game and this time Rizvi. He [Sameer Rizvi] works hard on his game and keeps asking how he can improve himself,” he added.
The Pakistan Cricket Board (PCB) has issued fresh directives to all Pakistan Super League (PSL) franchises following a breach of security protocols at a team hotel, making it clear that any further violations will not be tolerated.The move came after Zimbabwe captain Sikandar Raza, currently representing Lahore Qalandars, shared on social media that he was grateful to the PCB for allowing him to meet his family at the team hotel.In response, the PCB sent an official communication to all franchises and stakeholders, stating that players and team officials are not permitted to meet family members at the team hotel without prior approval. The board has mandated that any such requests must be submitted at least 24 hours in advance.
“The Board has made it clear that anyone wanting to meet with family members in the hotel has to seek permission 24 hours before the intended visit by family members,” said the source who is close to the PCB.He said the Board had further clarified that it would try to arrange a suitable meeting point for the player (s) with their family members in the team hotel.“The Board has also made it clear that only a player’s wife, parents, brother and sister are allowed inside the players room, that too after getting clearance from the Board 24 hours in advance,” the source added.He said senior police officials had taken a serious view of the security protocol breach by Lahore captain Shaheen Shah Afridi and Sikandar last Saturday night when four guests were found in the latter’s room late night.“The police officials conveyed to the Board that unless all franchises adhere strictly to the security protocols, it will be impossible for them to provide a safe and secure environment at the team hotel for all players and officials.” The security manager and anti-corruption head of the PCB is also learnt to have conveyed his concerns about the breach to the PSL CEO Salman Naseer.Also See: DC vs LSG Live Score
BENGALURU: A young techie couple who had moved from Hyderabad to Bengaluru died by suicide within minutes of each other at their apartment in the city’s Kothanur area, police said.Investigators said the husband, Bhanu Chander Reddy, 32, was found dead inside a locked bedroom on Tuesday morning. His wife, Bibi Shaziya Siraj, 31, died shortly afterwards after jumping from the 18th floor of the same apartment complex.Police said Shaziya had returned home from her night shift at around 7.30am and raised the alarm when her husband did not respond. She contacted the building’s security staff, telling them the bedroom door was locked from inside. Guards broke open the door and found Reddy’s body. A suicide note was recovered from a table.According to police, Shaziya remained at the scene briefly as neighbours gathered and calls were made to emergency services. “We are told she was around for 20 minutes after the body was discovered,” an officer said. Amid the commotion, she is believed to have left unnoticed, taken the lift to the 18th floor and jumped.Annual package of Rs 80 lakhIn his purported note, Reddy blamed job loss and mounting anxiety. He had previously worked in the United States, where, police said, he earned an annual package of Rs 80 lakh.According to Reddy’s family, he had purchased a small house in US and built another in Telangana for his family. However, due to AI, he lost the job and this shattered him. His anxiety increased when failed to secure another job. But his family and wife were supportive,” an investigating officer said.Police said the couple had moved to Bengaluru about eight months ago after Shaziya secured a job with a multinational technology company, IBM. Reddy had returned to India after losing his job in the US and had been trying to find work.
On Sunday night, shortly before leaving Hyderabad, Shaziya had spoken to her husband. According to the investigation, he told her he had ordered dinner online and would be eating soon.The couple had been married for around two-and-a-half years, but only Reddy’s parents were aware of the relationship. Police, quoting friends and colleagues, said Shaziya had not informed her own family.
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What do you think is the biggest factor behind rising mental health struggles?
Investigators said the couple initially stayed in Hyderabad but found it difficult to continue there due to the need to keep their marriage secret from relatives. They later moved to Bengaluru and were living on the eighth floor of Tower 6 in an apartment complex on Thanisandra Main Road.Officers said Reddy had been struggling with anxiety linked to unemployment after the move. Further investigation is ongoing.
The TATA Indian Premier League (IPL) 2026, match between Lucknow Super Giants (LSG) and Delhi Capitals have ended. DC won the match by 6 wickets, with Sameer Rizvi scoring a match-winning 70* run while chasing a target of 142 runs. It was another low-scoring thriller as LSG tried to come back into the game after being bowled out for 141 runs.
Though DC were down to 26/4 at one stage, a 119-run partnership between Rizvi and Tristan Stubbs took them over the line, with 17 balls to spare. After the match, LSG owner Sanjiv Goenka was once again seen animated with the loss as he was having a discussion with the team coaching staff and the captain, Rishabh Pant.
During the conversion of Sanjiv Goenka, head coach Justin Langer, Global Director of Cricket Tom Moody, and Pant were seen having a conversation with the owner. This is not the first time that the owner has been coming onto the field and has looked animated after the IPL game. Previously, back in 2024, KL Rahul and Mr.Goenka were involved in a heated exchange.
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In 2024, Rahul and Sanjiv Goenka exchanged words after LSG were thumped by Sunrisers Hyderabad (SRH) by 10 wickets, and the video of which quickly went viral, leading to criticism from fans and pundits. The exchange, caught on camera, showed Goenka expressing disappointment with the team’s performance. Rahul, who later said the incident was uncomfortable, left LSG.
Previously, last year, he was seen storming out of the stadium balcony in frustration after skipper Rishabh Pant was dismissed for 7 runs during a crucial IPL 2025 match against Sunrisers Hyderabad. Now, back to the present day, after the 6-wicket loss and a humiliating batting performance from the LSG team, Sanjiv Goenka, in the very first match.
He has once again been seen in a discussion with the team staff and the captain. Once again, Sanjiv Goenka will be under the radar of criticism for yet again having an open conversation with the team members. The LSG owner has been seen animated often in the stands as well.
Goenka has been an owner who might not be liked by the fans and the cricketing pundits; however, he wants positive results from every game, and that is one of the reasons he has been so much involved in the team’s dressing room. The exact chats have not been revealed yet, or were not heard after the loss.
Coming to the match, LSG were bowled out for 141 runs, as no batters except Mitchell Marsh and Abdul Samad could go past the score of 30 runs. The former scored 35, and the latter was dismissed on the score of 36 runs. Lungi Ngidi and T Natarajan picked three wickets each for the Capitals.
While chasing, DC were struggling at one stage with 26/4; however, Rizvi and Stubbs took them over the line, chasing the total 142 with 6 wickets in hand. Axar Patel’s side will look to work on their batting further going ahead in the tournament.
Also Read: “Works hard on his game”: Axar Patel lauds Sameer Rizvi after match winning knock vs LSG
Taylor Swift and Travis Kelce have stayed away from the spotlight after their joint appearance at a recent awards show.While this has convinced many that they are fully focused on planning their lavish wedding, rumors about Taylor Swift filling in for Sabrina Carpenter at Coachella 2026 have sparked chaos.
With the Coachella 2026 being just a few days away, recently rumors about Sabrina Carpenter backing out of the event, citing health issued sparked panic.This led many to believe that Taylor Swift will be stepping in to perform at Coachella 2026 for the first time in her career of 20 years.No, the rumors are entirely false. The popular pop star, Sabrina Carpenter, has made no statements about backing out of Coachella 2026 because of any health issue she is facing.The billionaire pop star has never performed in Coachella and it seems, she has no intentions of doing so in the near future.The primary reason for this being how Taylor Swift has consistently avoided performing at events, including Super Bowl, considering, how her performances include massive production and are pretty elaborate.Both Taylor Swift and Sabrina Carpenter have stayed away from commenting on the speculations.
The last time Taylor Swift was actually spotted in Coachella was in 2024 as she walked hand in hand with Travis Kelce, who was fresh off a Super Bowl win for the Kansas City Chiefs.Taylor Swift and Travis Kelce were seen dancing together at Coachella 2024 as they were even spotted sharing a heartfelt kiss.However, that was the last time that the billionaire pop star was spotted at Coachella, as both she and Travis Kelce avoided last year’s event.At this point in time, both Taylor Swift and Travis Kelce seem to be fully focused on planning their lavish wedding.As the two made their joint appearance at a recent awards show, it has convinced fans that the two are getting married soon.Taylor Swift even credited her soon to be husband Travis Kelce for changing her life as she said, “I think that this album probably also feels very happy and confident and free because that’s the way that I get to feel every single day of my life, because of my fiancé, who’s here too.”While many reports confirm 13th June as their wedding date, Taylor Swift and Travis Kelce have stayed away from the speculations.
NEW DELHI: Tiger Woods is once again stepping away from golf after a car crash in Florida led to his arrest on suspicion of driving under the influence. The incident has forced him to miss the Masters for the second year in a row, as he focuses on his health and legal situation. Despite pleading not guilty, the episode has raised fresh concerns about his well-being and future.
After the accident, authorities reported that Woods showed signs of impairment and had prescription painkillers on him. His car had hit a trailer and flipped, though thankfully no one was injured.He admitted to taking medication earlier and being distracted just before the crash. During sobriety tests, officers observed difficulty in movement, which Woods partly linked to his long history of surgeries.Following the incident, Woods made it clear he is prioritising recovery. “This is necessary in order for me to prioritise my well-being and work toward lasting recovery,” he said. He also added, “I’m committed to take the time needed to return in a healthier, stronger and more focused place, both personally and professionally.”
This isn’t the first time Woods has taken a break after a crash. A similar incident in 2009 also led him to step away from the game. Injuries have been a constant challenge in recent years, including multiple back and leg surgeries that have limited his appearances since 2024.Now 50, Woods is not only pausing his playing career but also stepping back from his role with the PGA Tour. His absence will be felt both on and off the course, given his influence on the sport. PGA Tour CEO Brian Rolapp voiced his support, saying, “My thoughts are with him and his family as he takes this step, for which he has my full respect and support.With legal proceedings ongoing and recovery ahead, Woods faces another uncertain phase, balancing personal struggles with the hope of a comeback.
