Exit polls from five Indian state and territory elections held in April suggest gains for Prime Minister Narendra Modi's Bharatiya Janata Party. The surveys point to a stronger BJP showing across the contested regions, though exit polls in India have a mixed track record and actual results can diverge significantly. The five contests span different regional dynamics, and their outcomes carry weight beyond local governance. State election results often signal voter sentiment ahead of national polls and can shift the political momentum for or against the ruling party at the centre. A strong BJP performance would reinforce the party's grip on state governments, expanding its legislative footprint and bolstering Modi's position heading into any future national contest. Actual vote counts will determine whether the exit poll trend holds. Analysts and markets will watch the results closely, as the BJP's state-level strength affects policy continuity and coalition arithmetic at the federal level.
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.
