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12.05.26 - 19:18
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Fifa′s failure to agree World Cup TV deals in China and India a headache for Infantino (The Guardian)
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With the tournament a month away, there are still no agreements done with the two Asian giants to ensure fans there can watch all 104 gamesWhen Fifa expanded the World Cup from 32 to 48 teams, it was in the hope that countries such as India and China, with their 2.7 billion residents, would qualify rather than countries such as Cape Verde and Curaçao, whose combined population of about 700,000 barely equals a district of a megacity such as Mumbai or Shanghai. What the governing body did not account for was that, with the 2026 tournament a month away, there would be no broadcasting deals done with the two Asian giants to ensure fans there can watch the 104 games.A few months ago, Fifa was said to be offering this World Cup, and the next, to New Delhi and Beijing for respective sums of $100m (£73m) and between $250m and $300m. There have been no deals struck despite the asking price falling steadily. Continue reading......
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12.05.26 - 13:36
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India′s retail inflation jumps to over one-year high at 3.48 per cent in April (Times of India)
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India's retail inflation climbed to a 13-month high of 3.48% in April, primarily fueled by soaring food prices. Consumer Food Price Index accelerated to 4.20%, with rural inflation outpacing urban rates. While silver and gold jewellery saw significant price hikes, tomatoes surged, but potatoes and onions experienced deflation. This marks the second consecutive monthly rise, nearing the RBI's target....
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12.05.26 - 07:06
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India′s Titan Sees Brief Slowdown if Gold Buying Curbed (Bloomberg)
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Titan CFO, Ashok Sonthalia, says there could be a temporary slowdown in demand if the government implemented any measures to curb gold-buying. That's after Prime Minister, Narendra Modi, called on Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves. Sonthalia appeared exclusively on Bloomberg's Insight with Haslinda Amin (Source: Bloomberg)...
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