School Assembly News Headlines: 24 July 2025 

National News

1. New Income Tax Bill halves word count, eases compliance, and keeps tax rates unchanged, aiming to simplify the tax system.

2. PM Modi begins UK-Maldives visit to boost ties in trade, defence, education, technology, and health for stronger global partnerships.

3. Parliament stalled for third day as Opposition seeks debate on Bihar voter list, votebandi claims, and Operation Sindoor concerns.

4. Election Commission starts vice-president poll process after Dhankhar’s exit; forming electoral college and naming Returning Officers is underway.

International News

1. UN’s top court to give climate opinion today. It’s non-binding but may strongly influence global climate laws and future actions.

2. US to quit UNESCO, criticising its cultural stance. UNESCO regrets move. It continues America’s exit trend from major international organisations.

Sports News

1. Sports Minister presents bill to improve transparency in national sports bodies like BCCI by creating regulatory boards for better accountability.

2. UPKL valued at ₹238 crore after first season, driven by strong rural viewership and digital reach, says SJ Uplift Kabaddi.

Business News

1. ED files case against Myntra for ₹1,654 crore FDI violation, alleging misuse of wholesale model to bypass retail rules.

2. Microsoft’s SharePoint patch failed to fix flaw, causing global cyber attacks on 100+ organisations. New patch later resolved issue.

1. Karnataka traders protest 6,000 GST notices based on UPI data; officials clarify notices are not final, responses are allowed.
Traders in Karnataka called a strike over 6,000 GST notices linked to UPI transactions. Officials clarified the notices aren’t final demands. Recipients can submit documents to explain discrepancies.

2. Bengaluru small business owners plan three-day protest over GST- UPI notices; government launches ‘Know GST’ campaign to clarify issues.
Milk vendors and bakery owners in Bengaluru plan a three-day protest from July 23 over GST notices. In response, Karnataka government launched the ‘Know GST’ campaign to spread awareness and clarity.

3. Kanwar Yatra enters final stage. Devotees carrying Gangajal reach Shiva temples for Jalabhishek as rituals begin across several regions.
The Kanwar Yatra is in its final phase. Devotees from Haridwar carrying Gangajal are reaching Shiva temples nationwide. In many places, the sacred Jalabhishek ritual has already started with devotion.

4. Justice Tarlok Singh Chauhan sworn in as 17th Chief Justice of Jharkhand High Court at Raj Bhavan, Ranchi.
Justice Tarlok Singh Chauhan took oath as the 17th Chief Justice of Jharkhand High Court. Governor Gangwar administered the oath. Dignitaries, including CM Soren and officials, attended the ceremony.

5. Mumbai’s CSMIA ranks among world’s top 10 international airports in Travel + Leisure 2025 list with a score of 84.23.
Chhatrapati Shivaji Maharaj International Airport secured a spot in the world’s top 10 international airports. It’s the only Indian airport on the list, marking its third consecutive appearance since 2023.

1. UN’s top court to issue climate advisory opinion today. Though non-binding, it may shape future global climate action and legal obligations.
The International Court of Justice will deliver a major advisory opinion on climate change. While not legally binding, it holds significant influence. Experts say it could define future climate responsibilities globally.

2. US to exit UNESCO, criticising its support for divisive social causes. UNESCO calls move regrettable; part of broader international withdrawal.
The US announced its exit from UNESCO, citing disagreement with its cultural agenda. UNESCO termed it regrettable. This follows earlier US withdrawals from global bodies like WHO and the Paris Agreement.

3. Iran ready for indirect US talks if sanctions end and peaceful nuclear rights respected; meetings with Russia, EU3 set in Istanbul.
Iran’s Foreign Minister Araghchi said talks with the US may resume if sanctions are lifted and nuclear rights respected. Meetings with Russia and EU nations on the nuclear issue are planned.

4. Pakistan received record $26.7 billion in foreign loans in 2024-25, showing rising reliance on multilateral and bilateral creditors.
Pakistan secured $26.7 billion in foreign loans during fiscal year 2024-25. Nearly half were loan rollovers. The data reflects growing financial dependence, as confirmed by official ministries and economic sources.

5. Bangladesh jet crash kills 31, mostly children. Students protest, police use tear gas. Military cites mechanical failure in F-7 BGI aircraft.
An air force jet crashed into a school in Dhaka, killing 31 people, mostly children. Students protested demanding accountability. Police used tear gas. The military blamed mechanical failure for the tragedy.

1. Sports Minister introduces bill in Lok Sabha to ensure transparency and accountability in national sports bodies, including BCCI, through regulatory oversight.
Sports Minister Mansukh Mandaviya introduced the National Sports Governance Bill. It aims to bring transparency in sports bodies, including BCCI, by forming regulatory boards like the National Olympic and Paralympic Committees.

2. UPKL valued at ₹238 crore after debut season. Strong viewership and rural engagement drive growth, says organiser SJ Uplift Kabaddi.
SJ Uplift Kabaddi announced a ₹238 crore valuation for the Uttar Pradesh Kabaddi League after its first season. The league gained wide viewership, especially from small towns and digital platforms.

3. Andre Russell retires from international cricket with explosive final T20I. Fans and players give emotional farewell at Sabina Park.
Andre Russell ended his international cricket career at Sabina Park with a powerful 36 off 15 balls. He received a guard of honour from both teams, earning loud applause from fans.

4. Venus Williams, 45, becomes oldest WTA singles match-winner since 2004 with win at Washington Open after 16-month break.
At 45, Venus Williams made a triumphant return by winning her first singles match since 2023. She defeated Peyton Stearns at the Washington Open, becoming the oldest WTA singles winner since 2004.

5. Chloe Kelly scores in 119th minute as England beats Italy 2-1 in extra time to reach Women’s Euro Championship final.
England staged a dramatic comeback to beat Italy 2-1 after extra time. Chloe Kelly scored the 119th-minute winner after her saved penalty rebound, sending the reigning champions to the Euro final.

1. ED files FEMA case against Myntra over ₹1,654 crore FDI violation, alleging misuse of wholesale model to bypass multi-brand retail restrictions.
The ED has filed a FEMA case against Myntra for alleged FDI violations worth ₹1,654 crore. The agency claims Myntra disguised multi-brand retail as wholesale, violating India’s foreign investment policy guidelines.

2. Microsoft patch failed to fix critical SharePoint flaw. Global cyber espionage hits 100+ organisations. Updated patch released after initial fix failed.
Microsoft’s initial patch for a SharePoint vulnerability failed, enabling a major global cyber espionage attack. Over 100 organisations were affected. Microsoft confirmed the flaw and issued a new patch this week.

3. Trump announces massive US-Japan trade deal promising jobs and investment. Japan’s PM Ishiba urges caution, says details will be reviewed.
President Trump announced a major trade deal with Japan, claiming it would boost U.S. jobs and investments. Japan’s Prime Minister Ishiba responded cautiously, stating the deal’s specifics need careful review.

4. SAP says U.S. tariff tensions are delaying customer decisions. Japan trade deal brings cautious optimism, especially for manufacturing and public sectors.
SAP stated that U.S. tariff tensions have slowed key client decisions, affecting large transactions. However, the recent Japan trade deal brings cautious optimism, particularly for global manufacturers and public sector clients.

5. Coca-Cola to launch new U.S. product with real cane sugar after Trump’s push and rising demand for natural ingredients.
Coca-Cola announced a new product using real cane sugar in the U.S., following Trump’s push and consumer demand. The move aligns with its strong Q2 performance, driven by price-led profits.

1. Despite heavy rain in Ramban-Banihal sector, Jammu-Srinagar Highway remains open. Amarnath Yatra convoys continue towards Pahalgam and Baltal without disruption.
Heavy rainfall hit the Ramban-Banihal stretch of NH-44, yet traffic on the Jammu-Srinagar Highway remains normal. Both Shri Amarnath Yatra convoys are moving smoothly towards Pahalgam and Baltal as scheduled.

2. IMD issues orange alert for heavy rain, lightning, and winds in J&K, Northeast, Konkan, Telangana, and coastal southern regions.
The IMD has issued an orange alert for Jammu & Kashmir and surrounding regions. Heavy to very heavy rainfall is expected across Northeast, Konkan, Telangana, and southern coasts, with gusty winds and lightning.