Senate Democrats will force a floor vote as soon as Wednesday on a resolution to curtail President Donald Trump's war powers related to Iran, with party leaders pledging to continue introducing such measures for as long as hostilities persist. The move is the latest in a series of Democratic-led efforts to reassert congressional authority over military engagement with Iran. Under the War Powers Resolution, Congress retains the right to compel the executive branch to withdraw forces from unauthorized conflicts, though such resolutions have historically struggled to survive presidential vetoes. By repeatedly forcing votes, Democrats are pursuing a dual strategy: creating a legislative record on war authorization while pressuring Republican senators to publicly align with or distance themselves from the administration's Iran posture. The practical near-term effect depends heavily on whether any Republican senators break ranks to reach a veto-proof majority. Investors and policy watchers with exposure to Middle East risk should track vote tallies closely, as any bipartisan momentum would materially shift the political calculus around U.S. military engagement in the region.
India's government plans to amend the Payment and Settlement Systems Act to restore UPI merchant discount rates, ending the zero-MDR regime in place since January 2020.
India's government has introduced the Taxation and Other Laws (Amendment) Bill, 2026, proposing changes to payments regulation, income tax, and the Finance Act to attract FDI and support Make in India. The Bill's final shape will depend on parliamentary debate and committee review.
The government's Taxation and Other Laws (Amendment) Bill, 2026, proposes to replace the blanket UPI MDR ban with a system allowing the Centre to notify which payment modes stay fee-free.
Prime Minister Narendra Modi inaugurated the Rs 5,000 crore Bhogapuram greenfield airport in Andhra Pradesh, built under a public-private partnership model. He also laid foundation stones for infrastructure projects worth nearly Rs 18,000 crore in the state, signalling a broad investment push for the region.