The Indian Parliament remains deadlocked as the Opposition, led by the Congress, insists on Prime Minister Narendra Modi's reply to discussions on alleged donation theft at the Ram temple in Ayodhya and student protests, rejecting the government's offer for Home Minister Amit Shah to respond.
'The made-up stories really angered me. Forget angering me, it actually made me feel, okay, if they want to play this game, let me play along.'
The Indian government has clarified that consumers will not be charged for UPI transactions, and most merchant transactions will also remain free. This comes amidst speculation following an amendment to the Payment and Settlement Systems Act, 2007. Any future merchant discount rate (MDR) would be nominal, threshold-based, and aimed at ensuring UPI's long-term sustainability and infrastructure development.
Union Law Minister Arjun Ram Meghwal on Wednesday moved the women's reservation bill for passage in the Lok Sabha, saying it is a very important bill and urging members to pass it with unanimity.
The contraction in total reserves was driven by a fall in gold reserves, which dropped $13.49 billion to $117.19 billion during the reported week.
'For the rest of his tenure, people will start with the assumption that even Modi can be forced to bow down'
The Indian government is reportedly developing new proposals to increase Lok Sabha seats by 50 per cent across all states. This initiative aims to address concerns from southern states regarding potential political power reduction due to population-based delimitation, while also facilitating the operationalisation of the women's quota law before the 2029 Lok Sabha elections.
India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.
The Congress party in Haryana boycotted a special session of the state assembly, accusing the ruling BJP of using the platform for political propaganda related to a defeated Constitution amendment bill on women's reservation. The BJP criticised the Congress's move as anti-women.
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 article details instances where the Narendra Modi government has yielded to public and political pressure since 2014, leading to policy reversals and ministerial resignations. It highlights the recent resignation of Education Minister Dharmendra Pradhan over the NEET paper leak, alongside past events like the withdrawal of land acquisition amendments, M.J. Akbar's resignation, the repeal of farm laws, and other policy retreats.
The opposition on Tuesday termed as an 'election jumla' the women's reservation bill brought by the government with many leaders raising questions over the proposed legislation, contending it doesn't account for reservation for OBC communities and that it will be effective at the earliest by the 2029 Lok Sabha polls.
Tamil Nadu Chief Minister M K Stalin celebrated the defeat of the Constitution Amendment Bill in the Lok Sabha, emphasising the unity of the south and the triumph of democracy. The bill aimed to implement reservation for women in legislatures in 2029 and increase Lok Sabha seats. Stalin criticised the bill as weakening the balance of the union and asserted Tamil Nadu's commitment to justice, dignity, and federalism.
West Bengal Chief Minister Mamata Banerjee criticised Prime Minister Narendra Modi's purchase of 'jhalmuri' during a campaign stop, alleging it was a staged event for cameras. She also accused the BJP of aiding Independents from the minority community and criticised the Election Commission over voter roll revisions.
'Our leaders, including Mallikarjun Kharge and Rahul Gandhi, are in touch with all Opposition parties, including the DMK and the AAP.'
Once more women assume leadership roles and join the nation-building process, he said, adding they will become a guarantee of the country's bright future.
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.
Union Home Minister Amit Shah criticises the Congress and its allies for the defeat of the Constitution amendment bill aimed at implementing 33 per cent women's quota in legislative bodies before the 2029 Parliamentary polls.
Sonia Gandhi criticises the government's proposed delimitation, claiming it's a politically motivated move to delay the caste census and gain an unfair advantage, rather than genuinely promoting women's reservation.
Prime Minister Narendra Modi has appealed to the opposition to support the government's bills for implementing the women's reservation law, cautioning against politicisation and assuring that delimitation will be fair to all states.
The Women's Reservation Act 2023, mandating 33 per cent quota for women in legislatures, has been enacted, but its immediate implementation is unclear due to ongoing parliamentary debates and delimitation requirements.
The Congress on Monday said it welcomed the reported move as the party has been raising the demand for long.
India's gold demand saw a 6 per cent year-on-year decline in the April-June quarter of 2026, reaching 131.4 tonnes, primarily due to subdued seasonal sales, increased Customs duty, and Prime Minister Narendra Modi's call to reduce gold purchases, according to a World Gold Council report.
In a swift political counter-offensive, the Bharatiya Janata Party and its National Democratic Alliance (NDA) partners have announced a massive, nationwide protest campaign targeting the Opposition.
Beyond imprisonment, candidates caught cheating face cancellation of examination scores, blacklisting under China's social credit system and multi-year bans from appearing in state examinations.
A day before her scheduled appearance before the Enforcement Directorate in the Delhi excise policy case, Bharat Rashtra Samiti leader K Kavitha led a hunger strike here on Friday seeking the passage of the long-pending Women's Reservation Bill in this Budget session of Parliament.
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.
While the BJP and the Congress have always supported the bill, opposition by other parties and demands from some for quota for backward classes within the women's quota have been key sticking points.
Prime Minister Narendra Modi has accused the Trinamool Congress (TMC) of betraying women by obstructing the passage of the Constitution (131st Amendment) Bill, 2026, which aimed to reserve 33 per cent of seats in Parliament and state assemblies for women. Modi asserted that women in West Bengal would punish the TMC in the upcoming assembly elections.
Several opposition parties on Wednesday decided to jointly oppose the delimitation provisions in the Constitution amendment bill in Parliament, even as they reiterated support for women's reservation, with Mallikarjun Kharge alleging the move is politically motivated.
West Bengal Chief Minister Mamata Banerjee has accused Prime Minister Narendra Modi of misleading the nation regarding the women's quota bill and plotting to push through the delimitation exercise by using women as a shield.
Inflows into foreign currency non-resident (bank), or FCNR (B), deposits have significantly underperformed market expectations, leading to a more than 1 per cent depreciation of the rupee against the dollar this week. Analysts point to fading RBI support measures, tepid interest due to rising global bond yields, and narrowing interest rate spreads compared to 2013 as key challenges.
Lok Sabha Speaker Om Birla announced that voting on three crucial bills, including amendments to the women's quota law and the establishment of a delimitation commission, will take place at 4 PM on Friday, following an anticipated 15-18 hour debate.
Priyanka Gandhi Vadra criticised the government's handling of the women's quota bill, accusing them of political maneuvering and neglecting the rights of OBCs.
The Centre has notified the implementation of the Women's Reservation Act 2023, providing a 33 per cent quota for women in legislatures, Jammu and Kashmir, and Union Territories, with the provisions set to come into force on April 17, 2026.
Students at Delhi University's Lady Shri Ram (LSR) College have issued a statement clarifying their recent protest, asserting it is not biased against any political ideology. This comes as the college principal, Kanika K Ahuja, addresses the situation and ongoing dialogue between students and the administration.
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.
An irate woman confronted Maharashtra minister Girish Mahajan during a BJP demonstration in Mumbai, blaming him for the traffic chaos caused by the protest over the women's reservation bill. The incident, captured on video, has sparked criticism of the BJP's protest tactics.
Both Houses of Parliament were adjourned sine die, concluding a Budget session marked by the passage of key legislations and the defeat of a Constitution amendment bill on women's reservation. The session saw frequent opposition protests and discussions on various issues, including the West Asia conflict.
That means making it easier to invest, protecting investors through predictable rules, and avoiding policy reversals after investments have been made, notes Rajeswari Sengupta.
