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Business News Today: Latest Business News, Finance News

Markets’ dilemma: Trust the bark or wag of oil prices The sector call illusion Bandu’s Blockbusters For April 12, 2026 Mastering Derivatives: Does Lag Impact Effectiveness Of OI? Who Am I? April 12, 2026 Index Outlook: Rising From Dire Straits US Market Outlook: Gaining Strength Bullion Cues: Gold And Silver Futures Face Barrier F&O Tracker: Tentative Shift In Trend F&O Strategy: Buy L&T Put Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures India-flagged LPG tanker Jag Vikram crosses Strait of Hormuz after US-Iran ceasefire Muted pricing power, rising costs to curb benefits of demand in cement sector: HDFC Securities Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say No road tax, registration fees for electric vehicles priced up to ₹30 lakh till March 2030: Delhi’s draft EV policy Central Railway to run four special local trains for Ambedkar Jayanti West Asia tensions push up costs for India; further impact hinges on stability: Report ED initiates fresh raids against former Bengal minister Chatterjee in teacher recruitment scam Election Commission reverses Mittal’s DVAC posting, appoints him DGP, TN Armed Police Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Cotton Association revises output estimates for 2025-26 up at 324 lakh bales of 170 kg each Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Malls, high-streets in NCR clock 45% rise in leasing of retail spaces in Jan-Mar: C&W FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months Nifty and Bank Nifty Prediction for the week 13 Apr’26 to 17 Apr’26 by BL GURU Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions 'Ladakh' replaces 'Jammu and Kashmir' in Aadhaar records for UT residents Misri ends US trip with focus on civil nuclear cooperation and LPG exports
TMC vs BJP battle intensifies in Ballygunge and Rashbehar...
2026-04-27 · via Business News Today: Latest Business News, Finance News
An enthusiastic crowd as Prime Minister Narendra Modi holds an election campaign ahead of the second phase of West Bengal Assembly elections at Barrackpore, in North 24 Parganas on Monday.

An enthusiastic crowd as Prime Minister Narendra Modi holds an election campaign ahead of the second phase of West Bengal Assembly elections at Barrackpore, in North 24 Parganas on Monday. | Photo Credit: ANI

The BJP is likely to face an uphill task to defeat the TMC in the south Kolkata constituencies of Ballygunge and Rashbehari, where the Mamata Banerjee-led party has been winning since the heydays of the Left Front in West Bengal.

The BJP and the Left parties claim anti-incumbency is strong against the ruling party and this will have an effect on the polls this time, while the TMC is confident of keeping their strongholds intact.

These two prestigious constituencies boast an even mix of affluent, middle-class and poor voters, with the Ballygunge constituency having around 50 per cent Muslim population.

"This time, it will be an evenly-poised fight between the TMC and BJP in Rashbehari, but it is tough to predict the Ballygunge constituency, with the contest there likely to be a three-cornered as the CPI(M) is a force to reckon with," said Santanu Ghosh, a teacher and political watcher.

The CPI(M) came second in the 2022 Ballygunge by-election. The party has this time fielded greenhorn Afreen Begum against TMC's heavyweight candidate Sovandeb Chattopadhyay, a veteran leader and minister in the Mamata Banerjee government and BJP's Shatorupa.

"Afreen will prove to be a dark horse in Ballygunge... She is a fresh candidate and is pursuing a PhD degree from Jadavpur University," CPI(M) leader Ajoy Dasgupta said.

"We believe she is ahead of other candidates," Dasgupta told PTI, stating that Afreen, whose family has resided in Beckbagan within Ballugunge area for over 100 years, has visited every house in the constituency.

Chattopadhyay had vacated the Bhabanipur seat after winning it in 2021 to facilitate a by-election that Banerjee won after she lost to BJP's Suvendu Adhikari in Nandigram in the assembly polls. He was thereafter elected from Khardah in North 24 Parganas district in a bypoll.

The TMC leadership shifted Chattopadhyay, respected across party lines for his gentlemanly ways, back to Kolkata this time, nominating him from the prestigious Ballygunge seat.

"We are sure of Sovan da's victory; we have been winning Ballygunge since 2006, when the Left Front won 235 seats," said Ranjit Sen, a TMC worker in the area.

The BJP nominated journalist Swapan Dasgupta from Rashbehari to challenge TMC sitting MLA Debasish Kumar.

Left Front associate CPI(ML) Liberation has fielded Manas Ghosh and the Congress' candidate is Asutosh Chatterjee.

The Income Tax authorities raided Debasish Kumar's residence and election offices on April 17 over alleged income declaration mismatch, while the Enforcement Directorate (ED) earlier issued him a summons regarding a land deal case.

These actions came for criticism by Banerjee, who claimed that the BJP was using central agencies to browbeat TMC candidates and deter them from campaigning.

"We will surely retain Rashbehari, Debasish Kumar has worked extensively in the area," TMC worker Ratan Das told PTI.

Dasgupta, a former Rajya Sabha MP nominated by the BJP, has been toiling hard, making house visits and addressing public meetings, to wrest the seat, which has traditionally been a TMC stronghold.

The TMC has been winning the Rashbehari constituency since 1998, where Sovandeb Chattopadhyay served as the party's MLA from 1998 until Kumar became the candidate in 2021.

"Anti-incumbency is very strong this time and we are more than hopeful of winning in Rashbehari, given the TMC's syndicate raj and goons ruling the roost," said Manas Sarkar, a BJP supporter in the area.

Published on April 27, 2026