School Assembly News Headlines: 23 March 2025

1. India’s GDP Doubles to $4.3 Trillion in 10 Years, Set to Become World’s Fourth-Largest Economy
India’s GDP has grown by 105% in the last 10 years, reaching $4.3 trillion in 2025. According to the IMF, India is now the world’s fifth-largest economy and is set to surpass Japan soon.

2. Parliamentary Panel Urges Government to Cut Raw Material Import Tariffs to Help Indian Manufacturers
An Indian parliamentary committee has recommended reducing import tariffs on raw materials. The move aims to support local manufacturers facing challenges in upcoming trade talks with the U.S.

3. RBI Wants IndusInd Bank CEO to Resign Over Accounting Issues, Bank Denies Allegations
The Reserve Bank of India has urged IndusInd Bank’s CEO and deputy to step down over accounting lapses. The bank has denied the allegations, calling them “factually incorrect.”

4. India Exports 30 Metric Tons of GI-Tagged Jaggery from Muzaffarnagar to Bangladesh
India has exported 30 metric tons of GI-tagged jaggery from Muzaffarnagar to Bangladesh. This marks the beginning of direct jaggery exports from western Uttar Pradesh through Farmer Producer Organizations (FPOs) and Farmer Producer Companies (FPCs).

5. SEBI Proposes Rule to Let Startup Founders Keep ESOPs Even After Their Company Goes Public
The Securities and Exchange Board of India (SEBI) has proposed a rule allowing startup founders to retain Employee Stock Option Plans (ESOPs) even after an IPO. This change will help founders who receive ESOPs instead of salaries.

6. Tamil Nadu CM Stalin Opposes Delimitation Plan, Warns It May Reduce Representation of Some States
Tamil Nadu Chief Minister M.K. Stalin has opposed the Centre’s proposed delimitation of Parliamentary seats. He warned that basing it on the next census could reduce representation for some states and may lead to legal action.

7. Supreme Court Clarifies Justice Yashwant Varma’s Transfer Not Linked to Inquiry
The Supreme Court dismissed rumors about Justice Yashwant Varma’s transfer to the Allahabad High Court being linked to an inquiry. It clarified that the proposal is still under review.

8. AAP Restructures Leadership in Six States, Manish Sisodia Appointed Punjab Incharge
Following its poor performance in the Delhi Assembly elections, AAP has reshuffled leadership in six states. Manish Sisodia will oversee Punjab, while Saurabh Bhardwaj will lead Delhi’s unit.

9. Tripura CM Assures Solution to Kokborok Script Dispute Amid Student Protests
Tripura CM Dr. Manik Saha assured a resolution to the Kokborok script issue after student protests. Students demand official use of the Roman script and a re-exam for CBSE board candidates.

10. Indian Government Strengthens Online Regulations to Prevent Harmful Content
The government is taking strict measures under the IT Act and IT Rules to regulate online content. Union Minister Ashwini Vaishnaw emphasized efforts to curb explicit material, especially child abuse content.

1. Tamil Nadu CM Stalin Opposes Population-Based Delimitation at Joint Action Committee Meeting in Chennai
Tamil Nadu CM M.K. Stalin opposed population-based delimitation, arguing it reduces parliamentary representation. He called for fair delimitation through consultations. The second meeting will be held in Hyderabad.

2. Chhattisgarh Introduces ‘Surrender and Rehabilitation Policy’ to Encourage Maoists to Surrender
Home Minister Vijay Sharma announced a new policy offering surrendered Maoists food, shelter, cash, land, and job skills. He expects the initiative to encourage more Maoists to surrender voluntarily.

3. Amit Shah Credits PM Modi for Strengthening Democracy in J&K After Article 370 Removal
Home Minister Amit Shah said PM Modi’s decision to revoke Article 370 in 2019 ended separatism and brought peace and prosperity to Jammu and Kashmir, ensuring true democratic governance.

4. Uttarakhand CM Announces Development of Ganga and Sharda River Corridors to Boost Religious Tourism
CM Pushkar Singh Dhami emphasized the cultural significance of Ganga and Sharda rivers and announced corridor development to make religious tourism more convenient.

5. PM Modi Extends Heartfelt Wishes on Bihar Diwas, Highlights State’s Rich Heritage and Progress
PM Modi celebrated Bihar’s history and hardworking people on Bihar Diwas. He reaffirmed his commitment to Bihar’s development and cultural preservation.

1. US to Revoke Legal Protections for Over 500,000 Migrants from Cuba, Haiti, Nicaragua, and Venezuela
The US Department of Homeland Security announced the revocation of legal protections for 532,000 migrants under the humanitarian parole program, making them eligible for deportation within the next month.

2. India to Host Central Asian Youth Delegation to Strengthen Cultural and Diplomatic Ties
The Ministry of Youth Affairs & Sports will welcome the third Central Asian Youth Delegation from March 22-28. This program fosters cultural exchange and strengthens ties with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

3. Israel Launches Airstrikes on Southern Lebanon Amid Cross-Border Tensions with Hezbollah
Israeli airstrikes targeted southern Lebanon after intercepting rockets fired from across the border. The attack threatens a fragile truce following a prolonged conflict that saw Hezbollah’s top commanders eliminated.

4. Namibia Swears in Netumbo Nandi-Ndaitwah as First Female President
Netumbo Nandi-Ndaitwah has become Namibia’s first female president after winning the November 2024 election. She succeeds Nangolo Mbumba, who briefly led the country following President Hage Geingob’s death.

5. North Korea’s Kim Jong Un Pledges Full Support for Russia’s War in Ukraine
Kim Jong Un expressed strong support for Russia’s Ukraine war during a meeting with Russian Security Council Secretary Sergei Shoigu. Reports suggest North Korea has sent troops to Russia after heavy battlefield losses.

1. Yuvraj Singh to Lead India Champions Again in World Championship of Legends 2025
Yuvraj Singh will captain India Champions in WCL’s second season in July. Shikhar Dhawan, who retired last year, joins the squad, strengthening India’s chances of another victorious campaign.

2. Panama Stuns USA with Stoppage-Time Goal to Reach CONCACAF Nations League Final
Cecilio Waterman’s late goal secured Panama’s 1-0 win over the USA in California. The defensive strategy paid off as Panama now prepares to face Mexico in Sunday’s final.

3. Boxing Legend George Foreman Passes Away at 76, Leaving a Historic Legacy
George Foreman, two-time heavyweight champion and successful businessman, passed away at 76. He famously lost to Muhammad Ali but made an inspiring comeback, winning a title at age 45.

4. Lewis Hamilton Wins First Sprint Race of 2025 Formula-One Season in Shanghai
Lewis Hamilton won the Chinese Grand Prix sprint race, securing pole position for the main race. Oscar Piastri finished second, while Max Verstappen came third in an exciting contest.

5. FIFA Expels Mexican Club Leon from Club World Cup Over Multi-Club Ownership Violation
FIFA removed Club Leon from the tournament after confirming its shared ownership with Pachuca, violating competition rules. This decision reshapes the Club World Cup lineup for the upcoming season.

1. Italy’s Starlink Deal Stalls Due to Geopolitical Tensions, Delaying Secure Communications for Government and Defense Officials
Negotiations between Elon Musk’s Starlink and the Italian government have stalled due to geopolitical concerns. Italy seeks encrypted communication for officials, with Starlink among the potential service providers.

2. White House Plans U.S. Investor Buyout of TikTok to Reduce Chinese Ownership and Prevent Potential Nationwide Ban
A plan is emerging for U.S. investors to acquire TikTok’s American operations from ByteDance. The deal would reduce Chinese ownership below 20%, complying with U.S. law to prevent a nationwide ban.

3. Crypto CEO Aleksei Andriunin Admits to Market Manipulation and Wire Fraud in U.S. Court Plea Deal
Aleksei Andriunin, CEO of Gotbit, pleaded guilty in a U.S. court to manipulating cryptocurrency markets. His company engaged in fraudulent schemes to inflate token values for client firms.

4. Micron’s Stock Drops 8% as Weak Profit Margins Overshadow High AI-Driven Demand for Semiconductor Chips
Micron’s shares dropped after forecasting lower margins despite strong AI-driven semiconductor demand. Falling consumer memory chip prices affected profitability, dampening investor confidence.

5. Yahoo Sells TechCrunch to Investment Firm Regent, Signaling a Major Shift in Digital Media Ownership Trends
Yahoo has sold TechCrunch, its leading tech news website, to media firm Regent. Previously part of Verizon’s media assets, TechCrunch covers global startups, innovations, and industry trends.