Wall Street plunges as tech stocks and bitcoin fall, job reports lower yields and raise rate-cut prospects.
Equity and crypto markets fell sharply as technology stocks and bitcoin dropped, coinciding with labor-market reports showing rising unemployment claims, increased layoffs and fewer job openings; these signals pushed Treasury yields lower and heightened discussion that weaker labor conditions could raise the likelihood of central-bank interest-rate easing, while commodities also swung sharply and corporate earnings produced mixed sectoral effects.

Homeland Security funding hangs on proposed statutory restraints on immigration enforcement including warrants, ID, and force limits.
DHS appropriations are stalled as Democrats condition funding on reforms to immigration enforcement, including judicial warrants, officer identification and no masks, standardized uniforms and equipment, stricter use-of-force standards, detention safeguards, prohibitions on racial profiling, and verification to prevent wrongful detention of citizens; Republicans counter that such demands must be negotiated within a funding bill and caution that splitting DHS funding or singling out agencies could effectively defund law enforcement, prompting proposals to fund certain DHS components separately to limit shutdown impacts.

DHS funding standoff threatens shutdown as parties clash over ICE reforms and enforcement limits and oversight.
A budget impasse threatens a DHS shutdown as Democrats condition passage of the homeland security spending bill on a suite of immigration enforcement reforms-including judicial warrant requirements, mandatory officer identification, standardized uniforms and equipment, stricter use of force standards, detention safeguards, verification before detention, bans on racial profiling, and limits on tracking protesters-while Republicans call the demands unrealistic, propose alternative conditions, and press for negotiation or partial funding of other DHS components.

Kisan Credit Cards: farmers access loans in five minutes via e KCC; agricultural credit target increased for fiscal 2026 27.
Digital governance measures have accelerated disbursal under the Kisan Credit Card mechanism, enabling loans within five minutes through e KCC instead of delays up to a month. The government has set an elevated agricultural credit target for 2026-27, increasing planned credit flow by 13 percent to Rs 3 lakh crore, and is emphasising integration of technologies including artificial intelligence into agricultural finance platforms.

Drug trafficking suspects arrested; heroin seized and a vehicle reported bought with illicit proceeds, financial probe and asset tracing underway.
Police arrested three family members after intercepting a vehicle in Khanyar and recovering heroin worth lakhs; the vehicle was seized and is reported to have been bought with proceeds of the alleged drug trade. A criminal case under narcotics provisions has been registered, and investigations aim to trace supply and distribution links while conducting a financial probe to identify and attach properties acquired through alleged proceeds of crime.

Drug de-addiction rules to be finalised; bill planned and CCTV mandated at medical and chemist shops.
Finalisation of de-addiction rules and a bill is planned to create a statutory framework; pharmacies and chemist shops are required to install CCTVs to curb unauthorised drug sales. The Health Department, alongside home, social welfare and education departments, is strengthening services under Nasha Mukt Bharat Abhiyan: de-addiction OPD services exist in all 20 districts, nine medical colleges offer psychiatrist oversight, and 11 ATFs in Kashmir and nine in Jammu are functional, with no new government centres under consideration.

Rapido-linked motorbikes seized for operating without trade licence; company ordered to stop bike-taxi bookings and explain noncompliance.
Authorities seized twelve motorbikes linked to a ride-hailing platform for operating bike taxis without a required trade licence, issued a notice directing immediate cessation of bike-taxi bookings through the app, and demanded an explanation under threat of unilateral legal enforcement; police assistance was sought after prior notices to app providers could not be operationally enforced.

Retired medical officer duped of Rs 4.62 crore after impersonation scam led to transfers into mule bank accounts.
A retired medical officer was defrauded of Rs 4.62 crore after impersonators claiming Aadhaar misuse and a Central investigative agency money laundering case threatened arrest; she transferred funds into bank accounts supplied by intermediaries. Police registered cheating by impersonation and Information Technology Act offences and, upon tracing the money trail, arrested two suspects who had opened multiple accounts, accepted deposits, withdrawn funds, and handed them to cybercriminals for a commission; further investigation continues.

Mata Vaishno Devi medical college: call to grant minority status so it can resume operations and preserve private investment.
The Medical Assessment and Rating Board withdrew SMVDIME's letter of permission for non compliance, halting operations and dispersing the initial cohort. The chief minister urged designation of the college as a minority institution to resume operations, preserve significant private investment, reconcile merit based NEET admissions with concerns about student composition, and ensure continued production of doctors for public service.

India Malaysia visit advances semiconductor cooperation, defence partnerships, trade reviews and renewed extradition request for Zakir Naik.
India and Malaysia will formalise cooperation including an anticipated agreement on semiconductor cooperation, prioritise trade and investment facilitation and review bilateral economic instruments under ASEAN frameworks; they will explore defence sales and technical cooperation on maintenance and upgrades (Dornier aircraft, Scorpene naval mid life upgrades, Su 30 fleet support) and will renew India's diplomatic request for extradition while engaging with industry leaders and the diaspora under the countries' comprehensive strategic partnership.

Karnataka Congress leadership: Shivakumar expects high command to call him when a political decision is taken.
Internal party leadership dynamics center on the expectation that the national party high command will intervene to resolve a leadership tussle in Karnataka by summoning state leaders when it takes a political decision. D K Shivakumar expressed confidence he will be called to New Delhi for such determinations, while allied MLAs and ministers urged an early resolution to prevent damage to party unity and electoral prospects.

Prime Minister Modi condemns parliamentary disruptions, says opposition cannot "dig his grave" and highlights government achievements.
Prime Minister addressed the Rajya Sabha during the Motion of Thanks, condemning Opposition interruptions as insults to the President's office and the Constitution, and asserting that electoral defeats and personal attacks will not unseat him because of broad popular support. He criticised a principal opposition party for corruption, double standards and derogatory remarks, accused regional parties of protecting illegal entrants harming tribal and youth interests, and reiterated government achievements-security operations, economic performance, startup promotion and recent trade deals-as proof of governance and progress toward national development goals.

Punjab-Canada economic cooperation explores investment, technology collaboration and alignment of Invest Punjab operations to boost sustainable growth.
A Punjab delegation and a Canadian delegation led by Alberta's Indigenous Relations minister discussed strengthening economic ties, with Punjab presenting its industrial ecosystem, investment opportunities, an industry-friendly ease of doing business approach, and the operational framework of Invest Punjab; technology and innovation were identified as priority sectors for collaboration.

Himachal geothermal energy: state signs MoU with Geotropy to begin exploration with no state cost.
A Memorandum of Understanding between the Himachal Pradesh government and GEOTROPY ehf./Geotropy India establishes immediate commencement of geothermal exploration to assess and harness the state's geothermal potential as a continuous renewable energy source, with the state confirming that exploration will not impose financial liability on it.

U.S. markets fell as Alphabet's massive spending plans and softer job data drove tech sell-offs and lower Treasury yields.
U.S. equities and commodities fell as investor focus shifted from quarterly profits to elevated corporate capital expenditures and weakening labour-market signals. Alphabet's planned near-doubling of equipment and investment spending drove tech-sector selling, while rising unemployment claims, increased layoffs and fewer advertised openings pushed Treasury yields down amid greater odds of eventual rate easing. Precious metals and bitcoin corrected sharply, and global markets declined alongside U.S. losses.

UT-with-Assembly model undermines governance; approval of Business Rules sought to clarify administrative roles pending constitutional change.
Omar Abdullah urged abolition of the Union Territory-with-Assembly model as unworkable, citing conflicted control over senior appointments and functions-illustrated by a mid-budget finance secretary transfer and the Resident Commissioner post given as additional charge-which impede budget preparation and central coordination; he urged approval of the Transaction of Business Rules to clarify delegation and administrative roles pending any constitutional change.

India rejects report of NSA Doval's US visit and meeting; MEA says no such visit or meeting occurred.
The Ministry of External Affairs denied a media report that the National Security Adviser visited Washington and met a senior US official to press for renewed trade negotiations, stating there was "absolutely no basis" for the claim and that no such visit or meeting occurred; the report's allegations about India's refusal to be bullied and its willingness to wait out the US administration were likewise rejected.

Airline inspections found 377 of 754 analysed aircraft with recurring defects; regulator stepped up surveillance and staffing.
Of 754 aircraft across six scheduled carriers analysed for repetitive defects since January 2025, 377 were identified with recurring defects. The Air India Group had 267 analysed aircraft, of which 191 (nearly 72%) had repetitive defects. DGCA reported 3,890 surveillance inspections, 56 regulatory audits, 84 surveillance of foreign aircraft, 492 ramp checks, 874 spot checks and 550 night surveillance events, and increased sanctioned technical posts from 637 to 1,063 to address manpower shortfalls.

Posing as Hindu saints led to arrests for impersonation and possession of forged identity documents in Muzaffarnagar.
Six individuals were arrested for allegedly posing as Hindu religious mendicants and collecting alms; a criminal case was registered under relevant penal provisions for impersonation and related offences. Investigators recovered forged identity documents, including counterfeit Aadhaar cards, from the suspects, and further inquiry into the scope and method of the alleged fraud is ongoing.

Lok Sabha Speaker says he had information of an attempt on the Prime Minister's seat; PM asked not to attend.
Speaker said he had concrete information that opposition members might reach the Prime Minister's seat and carry out an unexpected act, and therefore requested the Prime Minister not to come to the House to reply to the Motion of Thanks. The Motion of Thanks was passed by voice vote without the Prime Minister's customary reply amid opposition sloganeering, posters in the Well, rejection of amendments by voice vote, and the Speaker's warnings and adjournment of the House to uphold parliamentary dignity.