Bihar Chief Minister Nitish Kumar is expected to resign today after convening a final Cabinet meeting, ending a tenure that has spanned 21 years. The move signals a formal political realignment in one of India's most electorally significant states, with a new Chief Minister set to be appointed in the immediate aftermath. Kumar's departure marks the conclusion of a prolonged political chapter during which he led multiple coalition configurations. The succession process will now determine who assumes control of Bihar's administration, a decision with direct consequences for the state's governance priorities and coalition arithmetic at the national level. Bihar sends a substantial number of seats to the Lok Sabha, making its political configuration a variable in national alliance calculations. Observers will focus on which political figure assumes the Chief Minister role, what coalition framework underpins the new government, and how the transition affects Bihar's policy agenda and its weight within national coalition dynamics heading into the next electoral cycle.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
