Trinamool Congress MP Kalyan Banerjee has been suspended from the Lok Sabha for the remainder of the Monsoon session due to his use of "unsavoury" language against women members during a heated exchange with NCPI members.
The Indian government has expressed willingness to hold a detailed discussion in the Lok Sabha regarding the NEET paper leak issue, while cautioning against street protests. The opposition, however, is demanding the resignation of Education Minister Dharmendra Pradhan and has staged protests, including wearing black clothes in Parliament, highlighting the widespread concern among students.
The NDA's parliamentary party meetings will now be known as 'Mangal Milan', with the first under this new name scheduled for July 21. This change was informally discussed in the Union cabinet. Additionally, the newly formed Nationalist Citizens Party of India (NCPI), comprising 20 MPs who defected from the TMC, is seeking formal recognition and parliamentary facilities, including a party office and designated floor leaders.
The Monsoon Session of Parliament for 2026 is scheduled from July 20 to August 13, with significant political developments expected following recent assembly poll results and internal party rebellions. The session will see the ruling NDA's strengthened position in the Rajya Sabha and potential redrafting of a key Constitution amendment bill.
Indian stock markets concluded Tuesday's trading session lower, reversing intraday gains due to late-session selling in blue-chip stocks like HDFC Bank and Reliance Industries. The decline was primarily driven by the Indian rupee hitting a new record low against the US dollar and elevated global crude oil prices, compounded by geopolitical uncertainties.
The Monsoon session of Parliament is expected to begin on July 20 and last for three weeks. Key political developments, including recent election victories and party rebellions, are set to influence the session, alongside the government's redrafting of a significant Constitution amendment bill concerning women's reservation and Lok Sabha seats.
The Maharashtra government is considering invoking the stringent MCOCA law against those accused in the Teacher Eligibility Test (TET) question paper leak case. School Education Minister Dada Bhuse informed the assembly that three arrests have been made, and a Special Investigation Team is probing the matter. The government also plans to form a committee to explore online modes for conducting state-level examinations to prevent future leaks.
Lok Sabha Speaker Om Birla has approved the merger of six Shiv Sena (UBT) MPs with the Eknath Shinde-led Shiv Sena and allowed separate seating for 20 rebel TMC lawmakers who joined the Nationalist Citizens Party of India (NCPI), ahead of the Monsoon session.
Heavy monsoon rains have caused widespread havoc across Arunachal Pradesh, leading to floods, landslides, and significant damage to infrastructure. Rescue operations are underway in multiple districts, with casualties reported and many displaced. Connectivity remains severely disrupted, and authorities have issued warnings as more heavy rainfall is forecast.
As more opposition MPs are now aligning with the ruling NDA, sources in the government indicated that possibilities are being explored to give a fresh push to the delimitation legislation in Parliament.
Incessant overnight rainfall has triggered severe flash floods and landslides in Jammu and Kashmir's Poonch and Rajouri districts, resulting in at least eight fatalities and six people missing, prompting Chief Minister Omar Abdullah to cut short his Delhi visit to personally monitor the situation.
An 18-year-old NEET aspirant allegedly died by suicide by jumping from the 16th floor of a residential society in Faridabad on Thursday after evaluating her likely score using the answer key released by the NTA earlier this week and finding it lower than she had hoped, the police said.
Shiv Sena (UBT) workers in Dharashiv have issued strong warnings, including threats of public humiliation, against any party members, particularly MP Omprakash Raje Nimbalkar, who might defect. This comes amidst reports of six of the party's nine MPs potentially forming a separate group, posing a significant challenge to the Uddhav Thackeray-led faction.
SBI Funds Management, India's largest asset management company, has set its IPO price band between 545 and Rs 574 per share, valuing the company at 1.2 trillion. The management explained the 'moderate' valuation aims to instil investor confidence amidst market uncertainty, while also highlighting plans for AI integration, expansion into GIFT City, and new alternative investment funds.
Its strength is set to increase by 3 seats once the current round of Rajya Sabha polls for 27 seats are concluded on June 28.
A bipartisan group of US senators has introduced a comprehensive bill imposing extensive sanctions on Russia, with India identified as one of five countries that could incur tariffs for its continued purchase of Russian oil.
'The Indian private space sector is no longer a high-risk bet; it is a highly bankable, globally competitive asset class capable of easing the global small satellite launch bottleneck.'
The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony blending Scottish heritage and a strong message of sustainability. King Charles III declared the Games open, highlighting efforts to combat plastic pollution. The event featured a unique indoor setting, an early athletes' parade including the Indian contingent, and diverse musical and cultural performances, setting a new precedent for the multi-sport event.
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The 23rd Commonwealth Games opened in Glasgow with a vibrant ceremony at the OVO Hydro, blending Scottish heritage with modern performances. King Charles III declared the Games open, emphasising a message of sustainability, particularly regarding plastic pollution in oceans. The event showcased a new, more compact model for the Games, focusing on existing venues and integrated Para sports, following Glasgow's role as a step-in host.
NDA floor leaders held a meeting after the Constitution Amendment Bill seeking to implement reservation for women in legislatures in 2029 and increase the number of seats of the Lok Sabha was defeated.
Businesses across sectors are positioning themselves to capitalise on the expected surge in demand.
The ongoing West Asia conflict is expected to severely impact the supply of affordable housing in India, as rising input costs further erode already thin developer margins. Fluctuations in crude oil and gas prices, coupled with higher freight costs, are driving up prices of essential construction materials like cement and steel, making new projects increasingly unviable for developers.
The Shiv Sena-UBT is holding a crucial parliamentary party meeting in New Delhi to address a potential split by dissident MPs. A whip has been issued, making attendance mandatory, as the party aims to prevent a breakaway faction from merging with the Eknath Shinde-led Shiv Sena and initiating disqualification proceedings.
A group of rebel Shiv Sena (UBT) MPs reportedly met Lok Sabha Speaker Om Birla, claiming support of six members, while Uddhav Thackeray loyalists deny any defection. The party has issued a whip for a crucial meeting, and the anti-defection law's implications are being discussed amidst allegations of bribery.
Analysts predict that developments in US-Iran negotiations, fluctuations in crude oil prices, and key global economic data will be the primary drivers of gold and silver prices in the coming week, with a strong focus on talks in Switzerland.
'I don't see fear becoming a dominant factor for retail investors.'
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Search operations have been intensified for four people, who remain missing following a flash flood in Keyi Panyor district of Arunachal Pradesh, officials said on Friday.
New capital exposure norms implemented by the Reserve Bank of India (RBI) from July 1 have led to a noticeable drop in trading volumes, with Multi-Commodity Exchange (MCX) options premium ADTV falling by nearly 40 per cent in early July.
According to a bulletin issued on Wednesday, 'The Constitution (One Hundred and Thirty-First Amendment) Bill, 2026', 'The Delimitation Bill, 2026' and 'The Union Territories Laws (Amendment Bill), 2026' will be introduced and debated for passage in the Lower House.
The weather office has warned that the prevailing monsoon conditions could trigger flash floods, landslides, waterlogging and a further rise in river levels across the Northeast.
Lok Sabha Speaker Om Birla will hear both the defected TMC MPs and the faction led by Mamata Banerjee before deciding on recognising the breakaway group's proposed merger with the Nationalist Citizens Party of India (NCPI).
The Reserve Bank of India's proposal to allow non-banking financial companies (NBFCs) access to the term money market is projected to significantly increase market volumes by 40-60 per cent in the first year, potentially doubling turnover within two to three years, according to treasury executives.
Indian benchmark indices Sensex and Nifty recovered early losses to trade higher, supported by encouraging developments on the geopolitical front, specifically the US-Iran peace deal, and easing crude oil prices.
Commerce Minister Piyush Goyal announced that the legal scrubbing of the India-EU Free Trade Agreement (FTA) text is expected to be completed within 10-12 days, with the final deal anticipated to be signed by December 31.
'The final electoral roll will be published on October 7, 2026.' 'If someone who is otherwise eligible does not find his/her name in that electoral roll, they can fill Form 6 along with other necessary documents to enrol his/her name in the electoral roll after the final publication of the electoral roll also.'
A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.
Despite recent gains, the BJP-led NDA is unlikely to achieve a two-thirds majority in the Rajya Sabha in the near future, highlighting the challenges in passing key legislation requiring constitutional amendments.
Indian benchmark equity indices, Sensex and Nifty, ended lower after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to 24,013.10. The decline was primarily driven by heavy selling in IT firms following Accenture's trimmed revenue guidance and renewed geopolitical uncertainty, specifically the postponement of US-Iran negotiations.
