School Assembly News Headlines: 28 July 2025 

National News

1. India and US defence leaders met in Australia to boost military ties and strengthen Indo-Pacific regional security cooperation.

2. Public sector bank savings deposit rates hit lowest since 2011, says RBI bulletin, highlighting a fall in fresh term rates.

3. Finance Ministry confirmed no GST on UPI payments above ₹2000; no proposal made by GST Council for such tax.

4. Rumour of electrocution sparked a stampede at Haridwar’s Mansa Devi temple, injuring many; emergency services rushed for help.

International News

1. India-UK free trade deal gives tariff cuts on select British goods like cakes, pet food; sensitive sectors kept out.

2. Australia and UK signed 50-year AUKUS deal to boost nuclear submarine partnership, despite ongoing US role review.

Sports News 

1. Shubman Gill and KL Rahul scored 500+ runs each in an away Test series, a historic feat after 53 years.

2.Seema won India’s first 5000m silver at World University Games; India also won medals in archery and triple jump. 

Business News

1. ED ends raids at Reliance Power and Infra in ₹24,000 crore laundering probe linked to Anil Ambani’s companies.

2. Poonawalla Fincorp aims 40%+ asset growth, driven by new products like gold loans, says CEO Arvind Kapil.

1. India, US Defence Leaders Meet During Talisman Sabre 2025 to Boost Military Ties, Regional Security, and Indo-Pacific Cooperation
India and US top defence officials held strategic talks during Exercise Talisman Sabre 2025 in Australia. They focused on strengthening military partnership. They also discussed regional security and Indo-Pacific readiness.

2. Savings Deposit Rates in Public Sector Banks Hit Historic Low Since 2011, Says Latest RBI Bulletin
Savings deposit rates in public sector banks have touched a historic low. The RBI bulletin shows a sharp decline in fresh term deposit rates for both public and private banks.

3. No GST on UPI Transactions Over ₹2000, Finance Ministry Confirms During Rajya Sabha Session
The Finance Ministry clarified in Rajya Sabha that no GST will be levied on UPI transactions above ₹2000. The GST Council has made no recommendation or proposal for such taxation.

4. PM Modi Launches ₹4,800 Crore Development Projects in Tamil Nadu to Boost Connectivity, Energy, and Infrastructure
PM Modi inaugurated projects worth over ₹4,800 crore in Thoothukudi, Tamil Nadu. These include key upgrades in airports, ports, highways, and power. The initiatives aim to improve infrastructure and regional development.

5. PM Modi Welcomes UNESCO Tag for 12 Maratha Forts, Urges Citizens to Celebrate India’s Heritage
PM Modi praised UNESCO’s recognition of 12 Maratha forts as World Heritage Sites. Speaking in ‘Mann Ki Baat’, he encouraged people to visit these forts and feel pride in India’s history.

1. PM Modi Visits Gangaikonda Cholapuram for Aadi Thiruvathirai Festival Honouring Rajendra Chola I
Gangaikonda Cholapuram in Tamil Nadu was beautifully decorated for PM Modi’s visit. He attended the Aadi Thiruvathirai festival, celebrating the birth anniversary of Chola emperor Rajendra Chola I at the historic temple.

2. Stampede at Mansa Devi Temple in Haridwar Injures Several Devotees Amid Electrocution Rumour
A stampede occurred at Mansa Devi temple in Haridwar following a rumour about electrocution. The incident led to injuries among devotees. Emergency teams quickly responded, and the injured are receiving treatment.

3. Andhra Pradesh CM Chandrababu Naidu Begins Singapore Visit to Boost Investments and Connect with Indian Diaspora
Andhra Pradesh CM N Chandrababu Naidu arrived in Singapore for a five-day visit. He will attend 29 programmes aimed at attracting investments and building stronger ties with the Indian diaspora.

4. Union Minister Mansukh Mandaviya Calls for Modern Education and United Fight Against Addiction at Gujarat Vidyapith Event
Union Minister Dr. Mansukh Mandaviya spoke at Gujarat Vidyapith, urging education reform and unity against addiction. He stressed the need to modernize institutions and strengthen basic education across the country.

5. Bihar CM Nitish Kumar Announces State Sanitation Workers Commission to Protect Rights and Promote Welfare
Bihar CM Nitish Kumar announced the formation of Bihar Rajya Safai Karmachari Ayog. The commission will safeguard sanitation workers’ rights, support welfare schemes, and address grievances for their upliftment and rehabilitation.

1. India Grants Tariff Concessions on British Goods Under New FTA, Safeguards Sensitive Sectors
India signed a free trade agreement with the UK, offering tariff cuts on goods like cakes, pet food, and appliances. Sensitive sectors were excluded to protect domestic industries and interests.

2. Australia, UK Sign 50-Year AUKUS Pact to Strengthen Nuclear Submarine Partnership Despite US Review
Australia and the UK signed a 50-year defence treaty under AUKUS in Geelong, Victoria. The agreement focuses on nuclear submarine collaboration, even as the US continues reviewing its role in the pact.

3. Egypt, France Discuss Gaza Ceasefire and Humanitarian Aid in Call Between Presidents Sisi and Macron
Egyptian President al-Sisi and French President Macron discussed efforts for a Gaza ceasefire. They stressed the need for humanitarian aid delivery and called for a just solution to the Palestinian issue.

4. Sudan’s RSF-Led Coalition Forms Parallel Government Amid Ongoing Power Struggle with Army
Sudan’s Rapid Support Forces announced a parallel government under General Hemedti. They signed a transitional constitution for a federal state, while clashes with the army continue, especially around capital Khartoum.

5. Myanmar Speeds Up Digital Transformation with Economy Roadmap 2030 and New Action Plans
Myanmar is pushing digital growth under its Digital Economy Roadmap 2030. A key meeting reviewed progress, setting priorities across sectors with 77 action plans and a clear vision for nationwide transformation.

1. Shubman Gill and KL Rahul Create History with 500+ Runs Each in Away Test Series After 53 Years
Shubman Gill and KL Rahul became the first Indian pair since 1971 to score 500+ runs each in an away Test series. The feat was achieved during the fourth Test against England.

2. Seema Wins Historic 5000m Silver at World University Games as Indian Athletes Shine with Multiple Medals
Seema became the first Indian woman to win a 5000m medal at the World University Games. India bagged medals in archery and triple jump, with Sahil Jadhav and Praveen Chitravel winning silver and gold.

3. Tilak Varma Named South Zone Captain for Duleep Trophy 2025 as Tournament Returns to Zonal Format
Tilak Varma will lead South Zone in the 2025 Duleep Trophy. The tournament, starting August 28, returns to its six-team zonal format for the upcoming domestic cricket season in India.

4. Lando Norris on Pole for Belgian Grand Prix, Eyes Third Straight Win to Strengthen F1 Title Hopes
McLaren’s Lando Norris starts on pole at the Belgian Grand Prix. After wins in Austria and Britain, he aims for a third straight victory. Rain may impact the race conditions again.

5. AIFF Clarifies Xavi’s Application for India Coach Role Was Fake, Shortlists Three Other Candidates
A day after claiming Xavi applied for India coach job, AIFF confirmed the email was fake. Three names are shortlisted, with ISL coach Khalid Jamil believed to be the front-runner.

1. ED Concludes Raids at Reliance Power and Infra Offices in Ongoing ₹24,000 Crore Money Laundering Probe
The Enforcement Directorate has completed its searches at all premises linked to Anil Ambani’s Reliance Power and Infrastructure. The raids were part of a money laundering investigation worth over ₹24,000 crore.

2. Poonawalla Fincorp Eyes Over 40% Asset Growth Backed by Product Expansion, Including Gold Loans
Poonawalla Fincorp expects to surpass its 35–40% asset growth target this year. CEO Arvind Kapil said strong traction in new products like gold loans is driving the company’s optimistic outlook.

3. FM Nirmala Sitharaman Highlights Public Capital Spending as Key to Sustained Growth Amid Global Uncertainty
Finance Minister Nirmala Sitharaman stressed sustained growth through increased public capital expenditure. Her remarks follow India’s 6.5% GDP growth in FY25, the slowest in four years compared to last year’s 9.2%.

4. Primary Market Gears Up for IPO Rush with 14 Issues, Including NSDL and Aditya Infotech
The IPO market is set for a busy week with 14 new offerings. Eight mainboard IPOs, including NSDL and Aditya Infotech, and multiple SME issues will open for subscription next week.

5. VinFast Opens First India Showroom in Surat, Showcases Premium EVs Ahead of Plant Launch
Vietnam’s EV maker VinFast launched its first showroom in Surat, Gujarat. The 3,000 sq. ft. space offers vehicle experiences and support, featuring upcoming electric SUV models VF 6 and VF 7.