The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved two new semiconductor manufacturing projects under the India Semiconductor Mission (ISM), with a combined investment of ₹3,936 crore. The move is aimed at strengthening India’s position in advanced chip manufacturing, particularly in compound semiconductor technologies.

The projects will be set up in Gujarat and are expected to generate employment for around 2,230 skilled professionals.

First Mini/Micro-LED Facility

One of the approved proposals is from Crystal Matrix Limited (CML), which will establish an integrated compound semiconductor fabrication and assembly facility in Dholera. This will be India’s first commercial Mini/Micro-LED display manufacturing unit based on Gallium Nitride (GaN) technology.

Artificial Intelligence’s integration into Liberty Media-owned Formula One and its 11 teams has been noticeable on-and off-track in the already highly tech-powered sport.

Eight new AI partnerships were signed in the past six months alone, according to research firm Ampere Analysis. Among them, nine-time con- structors’ champion Atlassian Williams F1 team are partnering with AI company Anthropic for its Claude model to sup- port team operations and race strategy.

“It’s much more than a sticker on a car or a sticker in a billboard,” Williams’ Board Advisor Peter Kenyon told Reuters. “We see it as one of our differentiating points: how can this partner help us in that journey back to the top?”

World No. 1 Magnus Carlsen suffered a rare defeat in classical chess, going down to Jorden van Foreest in a dramatic Round 4 clash at the TePe Sigeman & Co Tournament, ending his unbeaten run in the format that had stretched for nearly a year.

Carlsen, who had not lost a classical game since his high-profile defeat to D. Gukesh at Norway Chess 2025, appeared well-placed to salvage a draw in what turned out to be a tense and fluctuating encounter. However, sustained pressure and time trouble proved decisive as Van Foreest capitalised on late inaccuracies to seal a memorable victory.

The contest saw both players navigate a complex middlegame before entering a tricky endgame featuring imbalanced material. Although engines assessed the position as drawn and Magnus Carlsen appeared set to extend his streak, the balance shifted as time pressure mounted.

The Ministry of Ayush convened a meeting of an inter-ministerial committee to chart out preparations for the International Day of Yoga (IDY) 2026, with officials outlining a coordinated strategy to expand participation across India and globally.

The meeting, chaired by Minister of State (Independent Charge) for Ayush Prataprao Jadhav, brought together representatives from various government departments, yoga institutions and prominent practitioners to discuss execution plans for the annual event observed on June 21.

Jadhav said yoga has evolved into a “people’s movement” promoting a healthy lifestyle, citing growing public participation in recent events linked to the 50-day countdown to IDY 2026. He called for a “whole-of-government and whole-of-society” approach to ensure wider outreach and engagement.

Prime Minister Narendra Modi has approved the appointment of Dr R Balasubramaniam and Dr Joram Aniya as full-time members of NITI Aayog. Cabinet Secretariat informed about the appointment through a gazette notification.

Further, PM has congratulated Dr. R. Balasubramaniam and Dr. Joram Aniya on being appointed as Full-time Members of NITI Aayog. In a social media post, Mr Modi said, their rich experience and deep understanding of various issues will greatly strengthen policy making. He expressed confidence that their contributions will help drive innovation and growth across sectors. The Prime Minister wished them a very productive and impactful tenure ahead.

The government has appointed ‌Rohit Jain as a ⁠deputy Governor of the Reserve Bank ‌of India, according to a ‌government ‌notice.

Mr. Jain’s ⁠appointment will ⁠take effect from May 3 for a ‌period of three years, the notice said.

Mr. Jain is currently ‌serving as an executive director at ⁠the central bank. His new portfolio ‌allocation has yet to be announced

He replaces former deputy Governor, ‌T. Rabi Sankar who retired late last month.

The Asian Development Bank (ADB) has unveiled a $70 billion plan to develop digital and energy infrastructure across the Asia-Pacific region by 2035. The initiative aims to improve Internet access, strengthen power grid connectivity and promote cross-border electricity trade.

Masato Kanda, President, ADB, said these two initiatives build the systems Asia and the Pacific need to grow, compete, and connect. "By linking power grids and digital networks across borders, we can lower costs, expand opportunity, and bring reliable power and digital access to hundreds of millions of people," he said.

In a significant step towards strengthening India-Caribbean relations, India has deployed its flagship Aarogya Maitri portable healthcare infrastructure in Jamaica, marking a new chapter in humanitarian diplomacy and South-South cooperation under the broader framework of India-CARICOM engagement.

The deployment, coordinated under India's Humanitarian Assistance and Disaster Relief (HADR) framework, reflects the Government of India's growing emphasis on delivering rapid, technology-enabled medical support to partner nations. The initiative has been guided by the National Security Council Secretariat (NSCS) and executed in close coordination with the Ministry of External Affairs (MEA), reaffirming India's commitment to responsive and reliable global health partnerships.

India’s first state-led Centre of Excellence for Space Technology was launched in Bengaluru on Friday, marking a major step in the country’s space economy and positioning Karnataka as a national space innovation hub. The centre, established by the Karnataka Innovation and Technology Society in collaboration with SIA-India, aims to bridge the gap between research and commercialisation of space technologies.

The centre was inaugurated by IT/BT Minister Priyank Kharge in the presence of government officials, scientists and industry leaders. Speaking at the launch, Kharge said Karnataka has consistently led India’s technology and innovation sectors and the new centre would extend that leadership into this strategic sector.

Employee Provident Fund Organisation-EPFO is set to launch a dedicated digital platform to facilitate identification, tracking, Universal Account Number (UAN) linking and activation of old EPF accounts. The portal is named EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts (E-PRAAPTI).

It will provide a streamlined Aadhaar based authentication mechanism that will enable members to securely access their old EPF account which may not have an UAN linked with it and initiate the process for updating their member profile, followed by seamless UAN linking and activation.

The platform is expected to reduce manual intervention, minimize documentation, and enhance transparency and efficiency.