Policy & Government

Indian investigators have uncovered a counterfeit Keytruda network where hospital insiders refill used vials with non-therapeutic substances and sell them to cancer patients at below-market prices. At least one family received vials containing antifungal medication instead of the immunotherapy, priced at over ₹1.5 lakh

Sebi is permitting IPO issuers to adjust offer size by up to 50 percent without refiling, backed by a six-month exemption window. The relief reduces re-entry cost and timeline for companies stalled by market volatility, but requires lead managers to certify regulatory compliance and bars any change to the issue's main

President Trump has said he will fire Fed Chair Jerome Powell if Powell stays on beyond his mid-May term expiration. The threat directly challenges the Federal Reserve's institutional independence, a pillar assumption for Treasury, dollar, and global credit markets. Mid-May now marks a hard deadline for White House act

India's Centre is weighing amendments to base parliamentary delimitation on 2011 Census data, bypassing the need for a new Census to activate the Women's Reservation Act. The change would expand Parliament from 543 to 816 seats, reserving 273 for women. Formal Cabinet clearance and opposition response are the immediate

Senator Elizabeth Warren has publicly voiced concern over Nvidia's acquisition of Slurm, introducing congressional scrutiny to the deal. The objection raises deal risk for Nvidia at a time when antitrust attention on large technology transactions is already elevated.

Trump threatened to fire Fed Chair Jerome Powell if he does not leave office voluntarily, intensifying a public confrontation over monetary policy. The standoff puts central bank independence at direct risk, a factor with significant implications for Treasury markets and the dollar. Powell has not signaled any intentio

Pakistan's State Bank has formally granted licensed virtual asset service providers access to banking accounts within the regulated financial system. The decision integrates compliant crypto businesses into formal finance, reducing reliance on informal channels while keeping unlicensed operators excluded. Implementatio

India's upcoming delimitation exercise forces a direct conflict between population-based democratic representation and federal equity among states. Southern states risk losing Lok Sabha seats despite stronger demographic and governance records, penalizing compliance with national family planning goals. The policy desig

TVK chief Vijay has called the Centre's Constitution Amendment Bill on delimitation biased and demanded its withdrawal via social media. The move taps into longstanding southern state concerns that redrawing constituency boundaries punishes states with lower population growth. The political pressure campaign's effectiv

The RBI is consulting commercial banks on measures to attract more stable deposits as household savings migrate to equities and mutual funds. Deposit growth lagging loan expansion has elevated credit-deposit ratios and increased funding costs across the banking system. The consultation's outcome could reshape deposit p

Continued failure of South Africa's provincial governments is compounding electoral pressure on traditional parties including the ANC and DA. As provinces falter on service delivery, voters are shifting toward protest formations rather than returning to established political brands. The 2026 local government elections

Senate Democrats plan a floor vote as early as Wednesday on a resolution to limit Trump's war powers over Iran, with party leaders vowing repeated attempts. The effort tests Republican unity and could pressure the administration's Iran policy if bipartisan support builds.

SP chief Akhilesh Yadav alleges the government rushed the Women's Reservation Bill to ensure delimitation proceeds without caste Census data. The charge carries real electoral weight: boundary redraws conducted before OBC enumeration could entrench representation structures unfavorable to numerically large lower-caste

Spain's government approved an amnesty programme that could allow up to 500,000 undocumented immigrants to apply for legal status. The move makes Spain a significant outlier as most European governments tighten immigration policy amid rising anti-immigration sentiment.

Fed chair nominee Kevin Warsh's financial disclosures show assets well over $100 million, setting up a pointed confirmation hearing next week. The scale of his holdings raises potential conflict-of-interest questions given that Fed policy directly moves asset valuations across markets.

Former CJI Sanjiv Kumar Gavai has urged a fundamental rethink of governance structures to correct, rather than replicate, historical disadvantage. The call carries institutional weight given Gavai's role shaping India's equity and affirmative action jurisprudence. Attention now turns to whether his remarks influence pe

The US federal deficit posted a 55% decline in a recent period, with President Trump crediting tariff revenue and calling it the largest such drop in history. The claim reframes tariffs as a fiscal revenue mechanism, not just a trade policy lever. Independent verification of the period covered and revenue composition r

India's Central Bureau of Investigation raided 77 locations in cases probing alleged collusion between real estate builders and financial institutions. The sweep yielded incriminating documents and digital devices. Formal charges and potential asset attachment orders represent the key next steps in the investigation.

Independent journalists alleged at the Press Club of India that Punjab's AAP government is using copyright strikes, Section 79(3) of the IT Act, and FIRs to remove critical content and pressure outlets. Pages with over a million followers have been repeatedly targeted, and police allegedly halted distribution of Punjab

Congress Lok Sabha whip Manickam Tagore accused the government of refusing to share Constitution amendment bills before a special parliamentary session, calling the move a subversion of democratic process. The objection is procedurally significant because constitutional amendments require a two-thirds majority, making