Prime Minister Narendra Modi is scheduled to address the nation, following a significant legislative setback for the BJP-led government in the Lok Sabha. The Constitution Amendment Bill failed to pass after falling short of the two-thirds supermajority required under Indian constitutional procedure. In the vote, 298 members supported the Bill against 230 in opposition, a margin that, while a simple majority, did not meet the 364-vote threshold needed in a 543-seat house for constitutional amendments under Article 368. The defeat marks a rare floor failure for the ruling coalition and signals meaningful limits on its legislative authority in the current parliament. The specific subject matter of the Amendment Bill was not detailed in the source; what is clear is the political consequence: a prime ministerial address to the nation following a high-profile parliamentary loss. Observers will watch whether Modi's address signals a renegotiation of coalition terms, a revised legislative strategy, or a public appeal ahead of potential re-tabling of the Bill.
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.
