Supreme Court Lets Trump End Haitian, Syrian TPS
The U.S. Supreme Court has allowed the Trump administration to terminate Temporary Protected Status for hundreds of thousands of Haitian and Syrian nationals, lifting lower-court blocks while legal challenges continue.
RBI Shifts Fraud Liability Burden to Banks from 2027
The RBI has issued final directions on digital payment fraud liability, effective January 1, 2027, requiring banks to prove customer negligence rather than the other way around. A new compensation scheme covers losses up to Rs 50,000 for eligible victims who report fraud within five days.
Trump Withholds Billions in Approved Foreign Aid
The Trump administration is withholding billions in congressionally approved foreign aid, including funds for HIV, tuberculosis, and malaria programs, eight months into the fiscal year.
SEBI Proposes Unified Ad Code, Finfluencers as Celebrities
SEBI released a consultation paper on June 23, 2026, proposing a Common Advertisement Code that drops prior approval for most financial ads, classifies finfluencers with over 5 lakh followers and AI avatars as celebrities, and bans dark patterns across securities advertising.
Supreme Court Backs Trump on Green Card Border Rights
The US Supreme Court ruled 6-3 that immigration officials can place green card holders on parole at border crossings based on suspicion alone. The decision, backing a Trump administration policy, weakens entry protections for roughly 13 million lawful permanent residents who travel internationally.
Jio DRHP flags net neutrality as 5G revenue risk
Jio's DRHP lists India's net neutrality rules as a direct risk to its 5G monetisation strategy, specifically its ability to charge premiums for network-sliced services. TRAI's pending ruling on Airtel's Fast Lane product is expected to set the regulatory boundary for the entire sector.
NEET Leak Crisis Exposes Edtech's Infrastructure Gap
India blocked Telegram under the IT Act after NEET-UG paper leaks disrupted exams for over 2.2 million medical aspirants, with the Delhi High Court upholding the ban until at least June 22.
Congress Tightens Grip on INDIA Bloc After TMC Defeat
Trinamool Congress's West Bengal defeat and the exodus of its MPs and MLAs have left Congress without a serious challenger inside the INDIA bloc. Trinamool has also signalled a possible Congress alliance for the 2029 general elections, consolidating opposition leadership around Congress.
Congress Moves MP MLAs to Bengaluru Before Rajya Sabha Vote
Madhya Pradesh Congress has shifted its MLAs to Bengaluru before Rajya Sabha elections, citing BJP attempts to poach legislators with financial offers. The move reflects tight seat math and the party's effort to prevent cross-voting that could cost it in a marginal contest.
Federal Judge Voids Trump $100,000 H-1B Visa Fee
A federal judge struck down the Trump administration's $100,000 H-1B visa application fee, ruling it was a tax that only Congress has the power to impose. The decision removes a major cost barrier for US employers hiring skilled foreign workers, particularly affecting the Indian tech professional community.
NTA Releases NEET-UG Re-Exam City Slip for June 21
NTA has released the city intimation slip for the NEET-UG 2026 re-examination set for June 21, covering 551 cities in India and 14 abroad. The admit card, needed for actual entry, will be issued separately with no date confirmed yet.
Bilawal Demands GB Rights in Constitutional Amendment
PPP Chairperson Bilawal Bhutto-Zardari, speaking at a pre-election rally in Shigar ahead of June 7 GB polls, demanded constitutional protection for Gilgit-Baltistan's rights and the abolition of the Ministry of Kashmir Affairs and GB.
Iran Conflict Pushes India Toward Green Ammonia Contracts
India's fertiliser companies are seeking more long-term green ammonia contracts after conflict involving Iran disrupted conventional ammonia supplies and raised import costs. The government is now reviewing revised demand projections as fixed green ammonia prices have become competitive against elevated spot rates.
Trump Rolls Back ATF Gun Trafficking Enforcement
The Trump administration ended Biden's zero-tolerance gun dealer policy, shifted nearly 1,800 ATF agents to immigration enforcement, and the Justice Department declined 30% more trafficking referrals in 2025.
RBI Reviews Credit Loss Rules Affecting SME Borrowing Costs
The RBI is reviewing its expected credit loss framework after rating agencies recorded default rates above benchmark thresholds. A stricter application could raise risk weights for SME loans, pushing up borrowing costs for small and mid-sized businesses.
Trump to Appeal Ruling Allowing Tariff Refunds to Importers
The Trump administration plans to appeal a Supreme Court ruling that struck down its broad import tariffs, even as businesses are already receiving refunds on duties paid. The appeal could pause refund payments and may seek to restore the tariffs through a different legal argument.
Delhi Court Holds Google Liable for Keyword Ad Infringement
The Delhi High Court has ruled Google liable for trademark infringement after it allowed competitors to use "Hindware" as a paid search keyword, ordering $31,600 in damages. Indian businesses now have a clearer legal path to challenge competitor keyword bidding on Google's ad platform.
8th Pay Commission Extends Deadline, Plans Kolkata Visit
The 8th Pay Commission will visit Kolkata on July 9-10, 2026, and travel to Srinagar and Ladakh in June as part of its regional outreach. The memorandum submission deadline has been extended to June 15, giving employee groups more time to present their demands.
US Troops Targeted Using Commercial Location Data
US Central Command confirmed it received multiple threat reports about adversaries using commercial location data to target US forces in theatre. Lawmakers say the Pentagon should have acted faster and are pressing for immediate changes to how military devices handle tracking data.
India Reinstates Windfall Tax on Diesel, ATF, Petrol Exports
India has reinstated windfall taxes on diesel, aviation turbine fuel, and petrol exports from June 1, 2026, ending a period of nil levies. The move signals a recovery in global refiner margins and will directly reduce export profitability for India's large private refiners.