The US Senate has rejected a fourth war powers resolution aimed at curbing President Trump's ability to conduct military action against Iran, the first such vote since Trump publicly threatened to destroy Iranian civilisation. The resolution failed to gain sufficient traction, continuing a pattern of Congress falling short on asserting legislative authority over executive war-making decisions toward Tehran. The Senate's repeated inability to pass these resolutions reflects the difficulty of assembling a cross-party majority willing to formally constrain a sitting president on Iran policy, particularly against a backdrop of escalating rhetoric. The failed vote leaves Trump's operational latitude on Iran effectively unchanged and narrows the near-term legislative path for any enforceable congressional check on potential military action. Observers should watch whether the rhetoric escalates further or whether diplomatic channels open, as either development would test the Senate's appetite for another such resolution and could sharpen the debate over executive war powers heading into any direct US-Iran confrontation.
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.