School Assembly News Headlines: 24 May 2025 

National News

1. India and US aim to finalise deal by July 8, avoiding 26% tariff on Indian domestic goods after July 9.

2. India to open $50 billion government contracts to US firms, expanding foreign market access following UK trade deal.

3. PM Modi inaugurates Rising North East Investors Summit 2025, pledging full government support for region’s complete development.

4. UK transfers Chagos Islands sovereignty to Mauritius, leasing back strategic US-UK military base for 99 years at $136 million yearly.

International News

1. Ex-Prime Minister of DR Congo sentenced to 10 years forced labour for embezzling $245 million in public funds.

2. Bangladesh’s interim Prime Minister threatens resignation if political parties fail to agree on crucial reforms amid growing unrest.

Sports News

1. IPL 2025 Playoff online ticket sales start May 24; RuPay users get early access for Qualifier 2 and Final.

2. Olympian Raiza Dhillon wins silver in women’s skeet at ISSF Junior World Cup; India tops medal tally with gold, silvers.

Business News

1. Mukesh Ambani commits ₹75,000 crore for Northeast development, boosting 5G, AI, biogas, healthcare, and sports at Investors Summit.

2. India to open $50 billion government contracts to US firms amid trade deal talks; expansion may include other partners.

1. US Government Revokes Harvard’s Certification to Enroll International Students Over Visa Program Violations.
The US revoked Harvard’s international student enrollment certification. Harvard called it unlawful. The government warned all universities to follow immigration laws strictly. This escalates tensions with America’s oldest university.

2. Ex-Prime Minister of DR Congo Sentenced to 10 Years Forced Labour for Embezzling $245 Million Public Funds.
Ex-Prime Minister Augustin Matata Ponyo was sentenced to ten years forced labour for embezzling $245 million public funds. The funds targeted agriculture. The lawyer said the verdict was politically motivated.

3. Bangladesh’s Interim Prime Minister Warns of Resignation if Political Parties Fail to Agree on Reforms.
Bangladesh’s interim Prime Minister warned of resignation if political parties fail to agree on reforms. This follows last year’s deadly protests. Nobel laureate Muhammad Yunus leads amid rising political uncertainty.

3. Iran and U.S. resume nuclear talks in Rome amid tensions, seeking resolution over uranium enrichment and economic sanctions.
Iran and the U.S. are meeting in Rome to discuss nuclear issues. Both sides want peace but disagree strongly. Talks aim to stop nuclear threats and ease economic problems.

4. Trump warns Apple of 25% tariff on iPhones not made in U.S., causing shares to fall before market opens.
President Trump said iPhones sold in the U.S. must be made there or face extra taxes. Apple’s stock dropped, and the news affected the country’s main financial market numbers.

5. IMF confirms unanimous decision to fund Pakistan; India abstains citing concerns over Pakistan’s misuse of previous funds.
The IMF agreed to give more money to Pakistan without a vote. India chose not to support this, saying Pakistan hasn’t used past funds properly.

1. Online Ticket Sales for IPL 2025 Playoffs Start May 24; RuPay Priority Access from May 26.
BCCI announced IPL 2025 Playoff ticket sales start May 24 via District by Zomato. RuPay cardholders get early access for Qualifier 2 and Final at Narendra Modi Stadium from May 26.

2. Olympian Raiza Dhillon Wins Silver in Women’s Skeet at ISSF Junior World Cup, India Tops Medal Table.
Raiza Dhillon secured silver with 51 targets in the women’s skeet final at ISSF Junior World Cup, Germany. India leads with one gold and two silvers. Kanak won gold in 10m air pistol.

3. Dilip Vengsarkar predicts Royal Challengers Bengaluru or Punjab Kings to win their first-ever IPL title this season.
Former India captain Dilip Vengsarkar believes either RCB or PBKS will win their maiden IPL trophy. PBKS made the playoffs after 11 years, raising hopes for a historic victory.

4. Kidambi Srikanth reaches Malaysia Masters semifinals; Neeraj Chopra to compete in Poland’s Janusz Kusocinski Memorial
Indian badminton player Kidambi Srikanth advanced to the Malaysia Masters semifinals. Olympic javelin champion Neeraj Chopra was set to participate in an athletics event in Poland, showing strong international form.

5. Sri Lankan all-rounder Angelo Mathews retires from Test cricket after 118 matches; continues playing white-ball formats.
Angelo Mathews announced his retirement from Test cricket, scoring over 8,000 runs. He will keep playing limited-overs cricket, with his final Test match scheduled in Galle this June.

1. Mukesh Ambani Announces ₹75,000 Crore Reliance Investment for Northeast Development, Including 5G, AI, Biogas, and Health Initiatives.
At the Rising Northeast Investors Summit, Mukesh Ambani committed ₹75,000 crore over five years to expand Jio 5G, AI, farm sourcing, biogas plants, cancer care, genome labs, and Olympic training centres.

2. India to Open Over $50 Billion Government Contracts to US Firms Amid Trade Deal Negotiations.
India plans to allow US companies to bid for government contracts worth over $50 billion. This move follows the UK trade deal and may extend to other partners in the future.

3. India’s foreign exchange reserves fall by $4.88 billion to $685.72 billion in the week ending May 16, says RBI.
India’s foreign money reserves dropped by $4.88 billion, now standing at $685.72 billion. Just last week, they had risen, but the current level is still among the highest ever.

4. Brazil’s Marubo Tribe sues New York Times for defamation over internet portrayal, seeks millions in damages in US court.
The Marubo Tribe from Brazil is suing The New York Times. They say an article wrongly showed them as internet addicts. The tribe wants a U.S. court to award damages.

5. Philippine Senate to open impeachment court for Vice President Sara Duterte’s trial over corruption, plot charges on June 3.
The Philippine Senate will start Vice President Sara Duterte’s impeachment trial on June 3. She faces serious charges, including corruption and a plot against the President. Hearings begin in July.