FEATURE STORY

After its historic win in West Bengal, all eyes are on the BJP’s choice of chief minister. Even before a name is finalised, discussions have begun on whether the new chief minister will operate from Nabanna or shift back to the Writers’ Buildings – a historic seat of power in Bengal

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Indian equities bled for a second straight session on Friday, May 8, as escalating US-Iran hostilities near the Strait of Hormuz rattled global risk appetite. The 30-share BSE Sensex closed at 77,328.19, down 516.34 points or 0.66%, after hitting an intraday low of 77,146.43. The NSE Nifty 50 settled at 24,176.15, off 150.50 points or 0.62%, slipping below the crucial 24,200 mark.

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Millions of Indian football fans face a potential blackout for the FIFA World Cup 2026 as the nation’s primary broadcasters, JioStar (a Reliance-Disney joint venture) and Sony, have yet to reach a financial agreement with FIFA for the tournament’s media rights. The deadlock persists in India and [China] just weeks before the June 11, 2026 kickoff because FIFA’s revised asking price of approximately $35 million still dwarfs the $20 million bid placed by JioStar. Broadcasters are hesitant to meet higher valuations due to the North American host locations, which place most matches in late-night or early-morning Indian Standard Time slots (12:30 AM to 7 AM IST), severely limiting potential advertising revenue and simultaneous viewership.

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