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A budget that will define the next Half Decade under labour begins to take shape with more investment in big projects, more borrowing, and perhaps less of a Tax Rise than expected. And devastating israeli strikes on beirut actively targeting hezbollah s leadership, as Benjamin Netanyahu dashes back from the Un And Tehran holds emergency meetings. Where will this escalation take the region and the world . Good evening. This is newsnight, home to Insight And Analysis from home and abroad. Well discuss the emerging situation in the Middle East a little later, matters could develop as we are on ai...

FM said that the state government has not taken any step to reverse the downfall in capital formation, industrialization. "Bengal played such a wonderful role for the country, all through history.. your thought leaders, your industry leaders, you stood out in culture, you stood out in music, you stood out in knowledge. Now one parameter you are standing out -- tolabaazi," she said, referring to the extortion racket that has allegedly flourished in the state.