Pre-Market Set Up(May 27): GIFT Nifty futures slip 13 pts; Dalal Street set for muted start amid global caution

  Indian equities are likely to see a flat-to-muted start on Tuesday, May 27, with GIFT Nifty futures down 13 points at 25,036. While global sentiment remains cautious, strong domestic macro indicators and reduced FII short positions could offer some cushion during the session. The GIFT Nifty traded marginally lower, suggesting a lacklustre open for…

Could Nigeria’s careful ethnic balancing act be under threat?

Mansur Abubakar BBC News, Abuja AFP via Getty Images In Nigerian politics, there has long been an informal understanding: presidential appointments should carefully balance the country’s many ethnic and religious differences. Today, there are growing concerns that this is being ignored. While the constitution requires regional representation in cabinet positions, the broader distribution of other…