Haryana and Uttar Pradesh will revise minimum wage rates across worker skill categories, unskilled, semi-skilled, and skilled, effective April 1, 2026. The revision applies to both states simultaneously, signaling a coordinated bi-annual or scheduled adjustment cycle common under India's Minimum Wages Act framework. Both states set floor wages independently, and employer compliance becomes mandatory from the effective date, exposing non-compliant businesses to penalties under state labor enforcement mechanisms. For industries operating across both states, manufacturing, construction, logistics, and contract labor-heavy sectors, the revision directly affects wage bill calculations, contractor pricing, and HR compliance calendars. Companies sourcing contract labor or operating multi-state payroll systems will need to update compensation structures before April 1 to avoid statutory violations. The specific revised rate figures are not disclosed in the available source, so the precise magnitude of increase across categories remains unconfirmed. Employers and payroll teams in both states should monitor official gazette notifications to capture exact figures ahead of the effective date.
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.
