Early exit polls for the 2026 state assembly elections project a close fight in Kerala and a strong showing for the BJP-led alliance in Assam. The Chanakya survey, one of the first projections out, shows no clear frontrunner in Kerala, suggesting the contest between the ruling Left Democratic Front and the Congress-led United Democratic Front is too close to call. In Assam, the same survey points to a decisive tilt toward the BJP and its alliance partners, implying the party could retain or expand its hold on the northeastern state. Exit polls are surveys of voters leaving booths and carry a margin of error; they have missed outcomes in several recent Indian elections. Actual vote counts will determine the real picture. Investors and political analysts will watch Kerala closely given its historically competitive swings, while an Assam result in BJP's favor would consolidate the party's grip on the northeast. Full results are expected once counting begins.
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.
