Prime Minister Narendra Modi framed the Women's Reservation Act as both a historical fulfillment and a forward-looking commitment, signaling the government's intent to position the legislation as a landmark policy achievement. The Act reserves one-third of seats in the Lok Sabha and state legislative assemblies for women, a structural shift in India's electoral composition that has been debated for decades. Modi noted that the Opposition specifically pressed for implementation by 2029, effectively creating a public political deadline around which both ruling and opposition parties are now accountable. The 2029 target is significant because implementation requires a delimitation exercise and fresh census data, processes that the government controls on timeline. Parties across the aisle will face electoral scrutiny on whether the reservation materializes before the next general election cycle, making the Act a live political variable rather than a settled matter.
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.
