Commerce and Industry Minister Piyush Goyal on Saturday said a German company from the chemical sector has decided to invest $1.5 billion in India, and a state has identified land for the project.

Though the minister did not disclose the name of the company or the state, he said that the company's head is expected to meet the state's chief minister on Sunday.

As hundreds of party workers staged massive protests across Tamil Nadu on Saturday, Chief Minister and DMK president M K Stalin accused the BJP government at the Centre of being "unconcerned" over the plight of the MGNREGA workers.

Flaying the BJP government for not releasing the salaries due for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers, he said they don't like Mahatma Gandhi and the 100 days work scheme named after him.

US President Donald Trump has once again expressed admiration for Indian Prime Minister Narendra Modi, calling him a “great friend” and a “very smart man.” Speaking at the White House, Trump highlighted the strong relationship between the two leaders and praised India’s economic acumen, even as he reiterated concerns about the country’s high tariffs. Despite ongoing trade tensions, he voiced confidence that negotiations would lead to a positive outcome for both nations.

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday.

Both companies are privately held, which means they are not required to disclose their finances to the public.

The Reserve Bank on Friday permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by Rs 2 to Rs 23 per transaction from May 1.

Customers are eligible for five free transactions (inclusive of financial and non- financial transactions) every month from their own bank Automated Teller Machines (ATMs).

A 7.7-magnitude earthquake struck Myanmar on Friday, killing at least 694 people and injuring over 1,670. With rescue operations still underway, the toll is expected to rise significantly. The earthquake also caused destruction in neighbouring Thailand, where a high-rise building under construction collapsed in Bangkok, killing at least six people.

The Ministry of Law and Justice on Friday, March 28, notified the transfer of Justice Yashwant Varma of the Delhi High Court to his parent Allahabad High Court amid row over alleged discovery of cash from his official residence in Delhi, reported PTI.

Earlier this week, the Supreme Court Collegium recommended his transfer back to the Allahabad High Court asserting the move was separate from an in-house probe being ordered over the alleged discovery of cash from his residence.

The Union Cabinet on Friday approved a production-linked incentive scheme for passive or non-semiconductor electronics components with an outlay of Rs 22,919 crore, Union Electronics and IT Minister Ashwini Vaishnaw said.

It is the first scheme that focuses on promoting the manufacturing of passive electronic components.

The Union Cabinet on Friday approved a Rs 37,216 crore subsidy on phosphatic and potassic (P&K) fertilisers for the Kharif (summer-sown) season this year as part of its efforts to provide soil nutrients at a reasonable rate.

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a proposal for fixing the Nutrient Based Subsidy (NBS) rates for Kharif season 2025 (from April 1, 2025, to September 30, 2025,) on Phosphatic and Potassic (P&K) fertilisers.

The Union Cabinet on Friday approved a 2 per cent hike in the Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners, with effect from April 1, 2025.

“The Union approved the release of an additional instalment of DA to central government employees and Dearness Relief (DR) to pensioners with effect from January 1, 2025, representing an increase of 2 per cent over the existing rate of 53 per cent of the basic pay/pension, to compensate against price rise,” a press statement said.

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