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India announces Rs 40,000 crore boost for semiconductor sector in Union Budget 2026

Union Budget 2026 unveils a Rs 40,000 crore allocation for semiconductor production and research under India Semiconductor Mission 2.0.

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Presenting her ninth consecutive Union Budget today, Finance Minister Nirmala Sitharaman announced a Rs 40,000 crore allocation for the semiconductor industry under the newly launched India Semiconductor Mission 2.0. The move aims to build on the momentum of the first semiconductor mission initiated in January 2022.

Sitharaman highlighted that the mission will focus on industry-led research and training centres, as well as the production of equipment and materials for full-stack Indian intellectual property (IP).

“Semiconductor Mission 2.0 will focus on producing equipment and materials designed for full-stack Indian IP,” she said.

The Finance Minister also emphasised that the Budget follows a path of reforms over rhetoric, aiming to position India on the trajectory toward becoming a Viksit Bharat.

Earlier this month, Union Electronics and IT Minister Ashwini Vaishnaw stated that India is on track to begin commercial semiconductor chip production in 2026, in line with the timeline of the original semiconductor mission. Pilot production has already started at three plants in 2025, with four plants expected to begin operations this year.

Analysts note that India, as the world’s fastest-growing major economy, is expected to continue prioritising defence, infrastructure, capital expenditure, power, and affordable housing in fiscal year 2026–27.

Cricket news

Bowlers may hold the key in high-stakes IPL 2026 Qualifier 1 at Dharamsala

Although the media build-up centers on the batting heavyweight clash between Virat Kohli and Shubman Gill, the IPL 2026 Qualifier 1 in Dharamsala is set to be decided by the bowling consistency of Bhuvneshwar Kumar and Mohammed Siraj.

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Flat pitches, towering sixes, and relentless run-scoring have defined the Indian Premier League (IPL) 2026 so far. However, when Gujarat Titans (GT) and Royal Challengers Bengaluru (RCB) lock horns in Qualifier 1 at the Himachal Pradesh Cricket Association (HPCA) Stadium in Dharamsala, the contest could ultimately hinge on the bowlers.

The HPCA Stadium has proved to be unforgiving for bowlers due to its short boundaries. A teaser of what could unfold was evident during recent net sessions, where Gujarat Titans’ Jos Buttler and Royal Challengers Bengaluru’s Tim David regularly launched monstrous hits out of the stadium. In the three matches played at this venue this season, teams crossed the 200-run mark five times, with the lowest score being 199/8. An average of nearly 25 maximums per match has been hit here, promising another potential run-fest.

Moving past the Kohli vs Gill narrative

While media attention focuses on the iconic battle between the ‘King’ Virat Kohli and the ‘Prince’ Shubman Gill—hailed as the heir to Indian cricket’s batting legacy—the true deciding factor might lie elsewhere. Both batters look in pristine touch. Gill occupies the second spot in the Orange Cap race with 616 runs from 13 matches, trailing behind his opening partner Sai Sudharsan. Meanwhile, Kohli has bounced back from a brief mid-tournament slump by smashing a sparkling century, taking his tally to 557 runs this season.

Despite the incredible batting firepower on display, the bowling units are expected to dictate which team blinks last. Media interactions with team managements highlighted that consistency and self-belief within the respective bowling departments have been the defining traits of both squads this season.

Powerplay battles to decide the finalist

For RCB, veteran pacer Bhuvneshwar Kumar leads the charge alongside Kagiso Rabada for GT, with both spearheads locked as the joint-highest wicket-takers across the two sides at 24 wickets each. Bhuvneshwar holds a slight edge due to a superior economy rate. Close behind them is GT’s Mohammed Siraj, who has taken 17 wickets so far. With supporting acts like Josh Hazlewood, Jason Holder, Prasidh Krishna, Rasikh Salam Dar, and spinners Rashid Khan and Krunal Pandya in the mix, the match promises an intriguing tactical battle.

Gujarat Titans’ assistant coach Vijay Dahiya acknowledged that negotiating Bhuvneshwar Kumar in the powerplay will be a massive task, but reminded that GT possesses equal firepower in Siraj and Rabada. “If you talk about the powerplay, our numbers are among the best in this tournament,” Dahiya stated.

RCB captain Rajat Patidar echoed similar views, placing immense faith in his bowling attack to stop GT’s prolific opening duo of Gill and Sudharsan. “Our strength is bowling. The way we bowl in the powerplay will be very crucial. We’ll look for early wickets and that is what we have done throughout the tournament,” Patidar remarked.

In a tournament dominated by towering batting displays, the team whose bowling unit holds its nerve under the Dharamsala lights will seal a direct spot in the IPL final.

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External Affairs Minister S Jaishankar and US Secretary of State Marco Rubio review global strategic partnership amid regional conflicts

n a high-stakes meeting in New Delhi, External Affairs Minister S Jaishankar defined India’s multi-alignment stance on West Asia, while US Secretary of State Marco Rubio declared the two nations as global strategic allies.

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External Affairs Minister S Jaishankar and visiting US Secretary of State Marco Rubio held comprehensive delegation-level talks in New Delhi, emphasizing that the relationship between the two nations remains strong, strategic, and far-reaching. Addressing a joint press conference at Hyderabad House, both leaders rejected suggestions that the bilateral partnership has lost momentum, outlining instead a shared vision for global cooperation.

India outlines ‘multi-alignment’ stance on West Asia conflict

During the high-level discussions, the ongoing conflict in West Asia emerged as a key focal point. Addressing the media, External Affairs Minister S Jaishankar stated that India continues to maintain robust and stable relationships with all key stakeholders in the region, including the United States, Israel, Iran, and Gulf nations.

Jaishankar stressed that India approaches regional conflicts through a distinct policy of “multi-alignment”. He explicitly outlined India’s core operational priorities in West Asia:

  • Ensuring regional peace and stability
  • Safeguarding the welfare of the vast Indian diaspora living and working in the region
  • Maintaining lower energy prices to shield the domestic economy
  • Securing safe and uninterrupted maritime commerce through vital sea lanes

Global strategic allies extending beyond the region

Secretary Rubio strongly backed the depth of the partnership, asserting that the ties between Washington and New Delhi set themselves apart from standard global relationships.

“The US and India aren’t just allies. We are strategic allies and that’s of critical importance,” Rubio stated. “We obviously work with countries all over the world on a variety of issues, but our strategic partnership is what sets this relationship apart because it’s not simply limited to the region, it extends to offer opportunities to cooperate globally in different regions of the world.”

Rubio further revealed that their high-level deliberations, which included a working dinner, covered potential avenues for joint India-US cooperation in the Western Hemisphere and other global theaters.

Clarifications on immigration reforms and visa concerns

The joint press conference also touched upon critical people-to-people and diplomatic friction points. Responding to concerns flagged by media regarding the new US immigration rules—which require certain legal immigrants to leave the US before applying for permanent residency—Rubio reassured the Indian public that the overhaul is a global modernization effort and is not targeted at India.

He acknowledged the profound economic contributions made by Indian professionals and corporations to the American economy. Rubio attributed the policy changes to the broader migration challenges confronting the US, noting that the administration is modernizing the system to regulate how many people enter and when, admitting that the transition period could cause “some bumps”.

When questioned on isolated instances of online racism or prejudice faced by Indians, Rubio took a firm stance alongside Jaishankar. Branding such instances as “dumb” commentary, the top US diplomat remarked, “Every country in the world has stupid people. I’m sure there are stupid people here; there are stupid people in the United States who make dumb comments all the time.” He re-emphasized that the US remains a highly welcoming country whose fabric has been significantly enriched by immigrants from across the world.

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Congress high command steps in to resolve Karnataka leadership impasse with crucial Delhi meeting

The Congress leadership, including Mallikarjun Kharge and Rahul Gandhi, is holding a vital meeting in Delhi with Karnataka Chief Minister Siddaramaiah to find a definitive solution to the state’s prolonged leadership impasse.

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The top leadership of the Congress party is scheduled to hold a high-level meeting at its headquarters in the national capital today morning to address the long-standing leadership dispute in Karnataka. Senior leaders, including party president Mallikarjun Kharge and MP Rahul Gandhi, will lead the discussions aimed at resolving the continuous friction between Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar.

The ongoing power struggle over the state’s top position has persisted since the party’s electoral victory in 2023. For the current session, only Chief Minister Siddaramaiah has been called to join the discussions in Delhi. When questioned about the agenda by reporters, the Chief Minister stated that he was unaware of the specific subjects to be discussed, noting that political speculation is inevitable.

Background of the internal division

The internal friction intensified significantly in November 2025 when the state government completed its two-and-a-half-year mark in office. Supporters of the Deputy Chief Minister pointed to a purported unacknowledged internal arrangement suggesting a rotational chief ministership split equally across the five-year term. Despite multiple prior interventions by central party leadership to manage the internal friction, a permanent resolution has remained elusive.

While Deputy Chief Minister DK Shivakumar has not been invited to this morning’s initial session, indications suggest that separate individual discussions and a potential joint meeting involving both leaders are planned as part of the broader resolution process. Observers note that several state ministers and legislators have also traveled to the national capital as the party leadership aims to settle the administrative roadmap and finalise leadership plans before the next assembly elections.

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