School Assembly News Headlines: 2 May 2025 

National News

1. India Urges Immediate Ceasefire and Hostage Release in Gaza, Reaffirms Unique Role in Promoting Peace Between Israel and Palestine.

2. India Shuts Airspace to Pakistani Aircraft Till May 23 Following Pahalgam Terror Attack That Killed 26 People.

3. WAVES 2025 Global Summit Begins in Mumbai, Showcasing India’s Leadership in Media, Technology, and Creative Industries Worldwide.

4. Jaishankar Tells US Secretary Rubio That Pahalgam Attack Perpetrators Must Face Justice, Urges Peace and Security in Region.

International News

1. Germany’s SPD Endorses Coalition With CDU and CSU, Paving Way for Friedrich Merz-Led Government Formation Next Week.

2. UN Chief Guterres Urges Immediate Ceasefire in Sudan Amid Escalating Violence and Humanitarian Crisis in North Darfur’s Al Fasher.

Sports News

1. Chelsea Clinch Sixth Consecutive Women’s Super League Title After 1-0 Win Over Manchester United, Securing Unassailable Lead.

2. Chennai Super Kings Knocked Out of IPL Playoffs After Defeat to Punjab Kings, Marking Back-to-Back Eliminations for First Time.

Business News

1. NSO Study Finds 83% of Corporate Services in FY23 Were Private Limited Firms Across Construction, Trade, and Service Sectors.

2. Taxpayers With LTCG Up to ₹1.25 Lakh Can Now Use Simplified ITR-1 Form for AY 2025-26, Says CBDT.

1. India Urges Immediate Ceasefire in Gaza, Reaffirms Unique Role in Facilitating Peace Talks Between Israel and Palestine
India’s envoy P. Harish called for a ceasefire and the release of hostages. He said India maintains direct ties with both Israel and Palestine. This enables its role in peace talks.

2. India Shuts Airspace to Pakistani Aircraft After Pahalgam Attack, Enforcing Strict Ban from April 30 to May 23
After the April 22 terror attack in Pahalgam, India banned all Pakistani-registered aircraft. The restriction includes civilian and military flights. It will remain effective from April 30 to May 23.

3. WAVES 2025 Global Entertainment Summit Opens in Mumbai, Showcasing India’s Leadership in Media, Tech, and Creative Industries
WAVES 2025 began at the Jio World Convention Centre in Mumbai. PM Modi inaugurated the four-day event. It brings global media leaders together and highlights India’s creative industry leadership.

4. Jaishankar Urges Justice for Pahalgam Attack, US Secretary Rubio Calls for Peaceful Dialogue Between India and Pakistan
S. Jaishankar told Marco Rubio that perpetrators of the Pahalgam attack must face justice. Rubio urged India to engage Pakistan. He emphasised maintaining regional peace and South Asia’s overall stability.

5. India Celebrates 65 Years of Maharashtra and Gujarat, Honouring Cultural Legacy and Economic Impact of the Western States
India commemorated the 1960 formation of Maharashtra and Gujarat from Bombay State. Leaders celebrated their heritage and contributions. Events highlighted the two states’ influence on India’s economy and national identity.

6. Attari-Wagah Border Closed Following Increased Rush of People and Visa Restrictions After Pahalgam Attack
The Attari-Wagah border crossing between India and Pakistan was shut completely on Thursday, May 1, 2025, due to a heavy influx of people from both sides attempting to cross over. This move comes after the Indian government ordered all Pakistani citizens with short-term visas to leave the country following the recent Pahalgam terror attack.

7. Jaishankar Urges Justice for Pahalgam Attack, US Secretary Rubio Calls for Peaceful Dialogue Between India and Pakistan
S. Jaishankar told Marco Rubio that perpetrators of the Pahalgam attack must face justice. Rubio urged India to engage Pakistan. He emphasised maintaining regional peace and South Asia’s overall stability.

8. India Celebrates 65 Years of Maharashtra and Gujarat, Honouring Cultural Legacy and Economic Impact of the Western States
India commemorated the 1960 formation of Maharashtra and Gujarat from Bombay State. Leaders celebrated their heritage and contributions. Events highlighted the two states’ influence on India’s economy and national identity.

9. Government to Launch ‘Depot Darpan’ Portal for Real-Time Monitoring of Food Storage and Improving Food Security Measures
The new Depot Darpan portal launches May 20. It will monitor food depots in real time. The initiative promotes scientific warehousing, ensuring food safety for over 80 crore beneficiaries nationwide.

10. India’s GST Collections Hit Record ₹2.37 Lakh Crore in April, Marking 12.6% Year-on-Year Growth
India’s GST revenue surged to ₹2.37 lakh crore in April. Domestic GST rose by 10.7%. Imports grew 20.8%. Central, state, and integrated collections all posted significant increases over last year.

1. Ramakrishna Mission Foundation Day Celebrated at Belur Math and Balaram Mandir to Honour Swami Vivekananda’s Legacy
Founded on May 1, 1897, by Swami Vivekananda, the Ramakrishna Mission continues to spread Thakur Ramakrishna’s ideals. Celebrations took place at Belur Math and Balaram Mandir in Kolkata.

2. Telangana CM Revanth Reddy Welcomes Caste Survey, Urges Centre for Transparency and Timely Completion
Telangana CM Revanth Reddy supported the caste survey plan. He urged PM Modi for consultations with parties and called for a timeline and official committee to oversee the process.

3. Delhi CM Rekha Gupta Launches 20-Day Swachchta Abhiyan to Improve Cleanliness and Remove Encroachments
Delhi CM Rekha Gupta initiated a 20-day cleanliness drive. MCD and Delhi Police will coordinate. DCPs will remove encroachments. District magistrates will ensure overall cleanliness across the city.

4. Karnataka CM Siddaramaiah Urges Centre to Survey Social, Economic, and Educational Status of Communities, Adopts State Model
Karnataka CM Siddaramaiah welcomed the caste enumeration decision. He urged the Centre to adopt Karnataka’s model for socioeconomic and educational surveys. He offered the state’s expertise for the national effort.

5. UP Government Allocates Budget for Judicial Infrastructure, Plans Renovation of Court Complexes and Judges’ Residences
The Uttar Pradesh government announced a budget for judicial infrastructure. This includes building 25 residential units in Lucknow and 14 bungalows in Prayagraj. The project will cost Rs 143 crore and take 18 months.

1. North Korea and Russia Begin Construction of Their First Road Link, Building a Bridge Across Border River
North Korea and Russia announced the construction of a 1-kilometre-long bridge over a border river. This development will enhance cross-border travel, tourism, and the circulation of goods between the two countries.

2. South Korea’s Acting President Han Duck-soo Resigns, Plans to Run in June 3 Presidential Election
Han Duck-soo, South Korea’s Acting President, resigned to run for the June 3 presidential election. He spoke about choosing between continuing his responsibilities or taking on a new, heavier role.

3. Nvidia CEO Jensen Huang Claims China Is ‘Not Behind’ in AI, Praises Huawei’s Technological Advancements
Nvidia’s CEO Jensen Huang said China isn’t behind in AI. He praised Huawei, calling it one of the most formidable tech companies globally. Huang noted the company’s progress despite being on the US trade blacklist.

4. Germany’s SPD Votes in Favor of Coalition with CDU, Paving the Way for New Federal Government Under Merz
The SPD in Germany has voted to form a coalition with the Christian Democratic Union (CDU). The coalition deal, also endorsed by the CSU, will lead to Friedrich Merz becoming Chancellor.

5. UN Secretary-General Antonio Guterres Calls for Immediate Cessation of Hostilities in Sudan Amid Escalating Crisis
UN Secretary-General Antonio Guterres called for an immediate halt to hostilities in Sudan. He urged the international community to intervene urgently as violence intensifies in North Darfur’s capital, Al Fasher.

1. Chelsea Secures Record-Extending 8th Women’s Super League Title with 1-0 Win Over Manchester United
Chelsea clinched their sixth consecutive and record-extending eighth Women’s Super League title with a 1-0 win over Manchester United. Lucy Bronze scored the decisive goal, securing a nine-point lead over Arsenal.

2. Chennai Super Kings Eliminated from IPL Playoffs After Loss to Punjab Kings, Ending Back-to-Back Playoff Streak
Chennai Super Kings were officially eliminated from the IPL playoffs race after a 4-wicket loss to Punjab Kings. This marks their first-ever failure to qualify for consecutive editions of the playoffs.

3. Chirag Shetty and Satwiksairaj Rankireddy Receive Major Dhyan Chand Khel Ratna Award 2023 from Dr Mansukh Mandaviya
Dr Mansukh Mandaviya presented the Major Dhyan Chand Khel Ratna Award 2023 to badminton champions Chirag Shetty and Satwiksairaj Rankireddy in New Delhi, praising their dedication and exceptional achievements on the court.

4. Mohammad Amir Rejoins Essex for Vitality Blast Campaign After Successful Stints with the Club
Pakistan’s left-arm seamer Mohammad Amir rejoined Essex for this season’s Vitality Blast. Amir had previously claimed 24 wickets in 21 matches, contributing to Essex’s 2019 County Championship and Blast double.

5. Lord’s to Host ICC Women’s T20 World Cup Final on July 5, 2026, with Six Additional Venues Confirmed
Lord’s will host the ICC Women’s T20 World Cup final on July 5, 2026. Six other venues have been confirmed for the expanded 12-team tournament, featuring 33 matches across 24 days.

1. GST Collection Hits All-Time High of Rs 2.37 Lakh Crore in April 2025, Reflecting Strong Economic Activity
GST collection rose by 12.6% year-on-year to an all-time high of Rs 2.37 lakh crore in April 2025. This increase reflects robust economic activity and businesses reconciling their accounts at the end of the financial year.

2. India and EU Prepare for ‘Commercially Meaningful’ Trade Deal, Negotiations Set to Begin May 12
Ahead of the 11th round of negotiations on May 12, India and the European Union are working on a commercially meaningful trade deal that will open markets for goods and services. The European Commission’s Maroš Šefčovič highlighted the accelerated efforts to move negotiations forward.

3. India’s Coal Production Increases by 3.63% to 81.57 Million Tonnes in April 2025
India’s coal production grew by 3.63% to 81.57 million tonnes (MT) in April 2025, compared to 78.71 MT in the same period last year. The coal ministry confirmed steady growth in both production and dispatch in April.

4. Tesla Chair Denholm Denies Report on CEO Musk’s Potential Replacement
Tesla Chair Robyn Denholm dismissed claims from a Wall Street Journal report suggesting the company’s board had been seeking executive search firms to replace CEO Elon Musk. Denholm called the report “absolutely false,” reaffirming the board’s confidence in Musk’s leadership.

5. Taxpayers with LTCG Up to ₹1.25 Lakh Can Now File Returns Using Simplified ITR-1 for AY 2025-26
Individual taxpayers with long-term capital gains (LTCG) up to ₹1.25 lakh can now use the simplified ITR-1 form for the assessment year 2025-26. The Central Board of Direct Taxes (CBDT) has notified ITR 1 and ITR 4 for the assessment year.