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Global Railways parts makers eye India expansion
DDA to open flat registrations for East Delhi proj
Agarkar responds to Shami on Aus tour snub
India's chief selector Ajit Agarkar opened up about his controversy with right-arm seamer Mohammed Shami ahead of the ODI series against Australia, saying he hadn't seen the player's recent social media post but was open to a conversation. Agarkar also added that he has had "multiple chats" with Shami in recent months but didn't want to "give a headline." After being dropped from the West Indies Test series and the upcoming ODIs against Australia, Shami took to social media and took a dig at Indian selectors, saying that his availability for Bengal in the Ranji Trophy proves he is fit, and it is not his job to update the selection on his fitness. Reacting to the fast-bowler's remarks, Agarkar said on NDTV World Summit 2025, "I am not quite sure what he said on social media. Maybe if I read that, I might give him a call, but my phone is always on for most players. I have had multiple chats with him over the last few months, but I don't want to try and give you a headline here." Furthermore, speaking about Shami's future with the national team, Agarkar said the pacer remains a key player for India, but his fitness will determine when he returns to the team. Agarkar also revealed that Shami would have toured England if fit and hinted that his return could depend on how he shapes up in the ongoing domestic season.124636265 "He has been an incredible performer for India. If he said something, maybe that is a conversation for me to have with him or him to have with me. But even before England, we said if he was fit, he would have been on that plane. Unfortunately, he wasn't. Our domestic season has just started, so we will see if he is fit enough, and we will see where it goes. This is the first round of Ranji games that is going on. We will find out in a couple of more games. If he is bowling well, why would you not want to have someone like Shami? But what we have found in the last 6-8 months to a year, even during the Australia tour, we were desperate to have him on, but unfortunately, his fitness wasn't there. If he does stay fit over the next few months, the story might be different. But at this point, as far as I know, he wasn't fit enough for that England tour," he added. Shami hasn't played for the Indian Cricket Team since the completion of the ICC Champions Trophy 2025, which finished in March.The fast bowler was left out of the Indian Test squad, which is currently playing a two-match series against the West Indies. Stating the reason behind the player's omission, chief selector Ajit Agarkar cited a lack of match time as one of the reasons for his exclusion from the squad. Since the IPL 2025, Shami has played just one first-class game, for East Zone in the Duleep Trophy, where he bowled a total of 34 overs in two innings of the game, managing to scalp just one wicket. (ANI)
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Belgian court orders Choksi’s extradition
A Belgian court on Friday ruled in favour of India’s extradition request, ordering the return of fugitive businessman Mehul Choksi to face charges in the country.The court’s decision has been seen as a strong validation of India’s case for Mehul Choksi’s extradition, officials as quoted by PTI said, though the businessman still has the option to appeal in a superior Belgian court. “The order has come in our favour. The court has termed his arrest by the Belgian authorities on India's request valid. The first legal step in getting him extradited is now clear,” a senior official told news agency PTI. Indian officials from the External Affairs Ministry and the CBI played a key role in assisting Belgian prosecutors, presenting detailed arguments on Choksi’s alleged involvement in a Rs 13,000 crore Punjab National Bank scam, orchestrated in collusion with his nephew Nirav Modi. Prosecutors told the court that Choksi continues to be a flight risk and should not be released from prison, officials added.
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JSW Energy Q2 Results: Cons PAT falls 17% YoY to Rs 705 crore but revenue climbs 60%
JSW Energy on Friday reported a 17% fall in its consolidated Q2 net profit at Rs 705 crore versus Rs 853 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the parent. The company's revenue from operations in the quarter under review stood at Rs 5,177 crore, which was up 60% over Rs 3,237 crore in the corresponding quarter of the last financial year.The profit after tax (PAT) was also down 5% on a sequential basis versus Rs 743 crore reported in the Q1FY26, while the topline was marginally up at 0.7% on a quarter-on-quarter basis versus Rs 5,143 crore reported in the April-June quarter of FY26.JSW Energy reported Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increase of 67% YoY to Rs 3,180 crore, primarily driven by organic renewable capacity additions and contribution from Mahanadi and O2 Power.For H1FY26, the EBITDA grew by 79% YoY to Rs 6,237 crore, the company filing to the exchanges said.Also Read: Dixon Technologies Q2 Results: Cons PAT soars 72% YoY to Rs 670 crore, revenue up 29%The PAT grew by 5% YoY in H1 FY26 to Rs 1,448 crore, while the cash PAT for the quarter increased by 27% YoY to Rs 1,512 crore, and H1FY26 Cash PAT grew by 44% YoY to Rs 3,090 crore.The company said that its balance sheet is healthy and is likely to pursue growth. The net debt-to-equity ratio stood at 2.1x.The receivables on a DSO basis stood at 64 days, while Cash & Cash Equivalents stood at Rs 6,181 crore.A credit rating of 'AA/Stable/A1+' by India Ratings and ICRA was affirmed.JSW Energy's installed capacity stood at 13.2 GW, and it added 443 MW of organic renewable capacity during the quarter.The company entered into a scheme of arrangement with GE Power India to acquire its boiler manufacturing business, securing a critical part of the equipment supply for growth in the thermal segment.(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)
Western pressure to hit Asian buying of Russian oil
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