Axis My India's exit poll for Tamil Nadu's 2026 assembly election projects that actor-turned-politician Vijay's Tamilaga Vettri Kazhagam (TVK) is set for a strong debut, winning around 120 seats. The ruling DMK, led by Chief Minister M.K. Stalin, is projected to lose power, with its seat count dropping to 110. Tamil Nadu's assembly has 234 seats, so a majority requires 118. If the projection holds, TVK would cross that threshold on its first electoral outing, a rare achievement for a new party. DMK has governed the state since winning the 2021 election. Exit polls are surveys conducted after voters leave booths and have a mixed accuracy record, they indicate trends but are not final results. Actual vote counts will determine the outcome. The result matters for the state's political direction and for national opposition politics, since DMK is a key Congress alliance partner. Watch for the official counting date to confirm whether TVK's debut translates into government formation.
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.
