School Assembly News Headlines: 5 November 2025

National News

1. India’s Top 1% Wealth Soars by 62%, G20 Report Finds, Highlighting Widening Inequality Between Rich and Poor Since 2000.

2. OpenAI Offers Free One-Year ChatGPT Go Access in India, Expanding AI Reach with GPT-5-Powered Features.

3. PM Modi Applauds Indian Universities’ Rise in QS Asia Rankings, Reiterates Focus on Quality Education and Research.

4. China Forms New Finance Ministry Department to Supervise Government Debt and Reinforce Fiscal Discipline Nationwide.

International News

1. EU May Expand by 2030 as European Commission Praises Reform Progress in Montenegro, Albania, Ukraine, and Moldova.

2. Linda Sarsour Claims Zohran Mamdani Got $120,000 Campaign Funding from CAIR-Linked PAC Facing Congressional Scrutiny.

Sports News 

1. West Bengal Approves Land Transfer to Captain Industries and Ultratech Cements for Industrial Development in Jhargram District.

2. India’s Women’s Cricket Team’s Brand Value Soars After Historic World Cup Triumph Over South Africa.

Business News

1. Hinduja Group Chairperson Gopichand Hinduja Dies in London at 85. Tributes Flow for the Visionary Business Leader.

2. Starbucks Announces $4 Billion Joint Venture with Boyu Capital to Oversee China Retail Operations, Retaining 40% Ownership.

1. G20 Report Reveals India’s Top 1% Grew Wealth by 62%. Inequality Between Rich and Poor Deepened Since 2000.
A G20 taskforce report shows India’s top 1% expanded their wealth by 62% between 2000–2023. The bottom 50% gained only 1%. The report highlights a widening global wealth divide.

2. India and Bahrain Reaffirm Defence, Security, and Trade Cooperation. Talks Held During Fifth High Joint Commission Meeting in New Delhi.
India and Bahrain strengthened defence and security ties and advanced trade and investment talks. The decisions followed detailed discussions between S. Jaishankar and Dr. Abdullatif bin Rashid Alzayani in New Delhi.

3. PM Modi Launches ₹1 Trillion RDI Fund to Boost Private Sector Research and Innovation at ESTIC 2025 Conclave.
Prime Minister Narendra Modi announced a ₹1 trillion Research, Development, and Innovation Fund at ESTIC 2025. The initiative aims to support high-risk, high-impact projects and strengthen India’s innovation ecosystem.

4. China Creates New Finance Ministry Department to Oversee Government Debt and Reinforce Fiscal Discipline, Says Minister Lan Foan.
China’s Finance Ministry has set up a department dedicated to managing government debt. The move aims to curb hidden local borrowing and enforce strict fiscal discipline across provinces and municipalities.

5. OpenAI Announces One Year of Free ChatGPT Go Access in India at DevDay Exchange Event.
OpenAI revealed free one-year access to ChatGPT Go in India during its DevDay Exchange event. The GPT-5-powered plan offers advanced AI tools, enhanced Indic language support, and higher usage limits.

6. PM Modi Hails Rise of Indian Universities in QS Asia Rankings, Emphasises Commitment to Quality Education and Innovation.
Prime Minister Narendra Modi praised the growing presence of Indian universities in QS Asia Rankings. He reaffirmed the government’s focus on quality education, research, and institutional capacity building across the country.

1. Train Collision Near Lalkhadan in Chhattisgarh. Rescue Teams Swiftly Deployed as Restoration Work Begins on Bilaspur–Howrah Route.
A minor train incident occurred near Lalkhadan in Chhattisgarh’s Bilaspur district. Authorities responded swiftly. Safety checks and restoration work are in progress to ensure smooth resumption of rail services.

2. Lieutenant Governor Manoj Sinha stresses preserving cultural heritage at Jhiri Mela, highlighting its role in economic growth and community participation.
At the annual Jhiri Mela in Jammu, LG Manoj Sinha emphasised that preserving cultural heritage strengthens economic growth, fosters inclusivity, and enhances governance through active community engagement in cultural traditions.

3. Chhattisgarh begins Special Intensive Revision of electoral rolls with BLOs verifying voter details across assembly constituencies.
The Special Intensive Revision of electoral rolls started in Chhattisgarh, where over 27,000 Booth Level Officers are verifying voter details. The verification will continue till December 4, ensuring accurate voter lists.

4. NHRC issues notice to Karnataka officials over reports of bribes taken from grieving father in Bengaluru.
The National Human Rights Commission has sought a report from Karnataka’s Chief Secretary and DGP. This comes after reports revealed that a father paid bribes to officials after his daughter’s death.

1. EU Could Admit New Members by 2030. Montenegro, Albania, Ukraine, and Moldova Praised for Reform Progress by European Commission.
The European Commission indicated potential EU expansion by 2030, lauding Montenegro, Albania, Ukraine, and Moldova for reform progress. It also noted Serbia’s slow reform pace and Georgia’s democratic backsliding concerns.

2. Linda Sarsour Alleges Zohran Mamdani Received Campaign Funds from CAIR-Linked PAC Amid Ongoing Congressional Scrutiny.
Palestinian-American activist Linda Sarsour alleged New York mayoral candidate Zohran Mamdani received $120,000 in campaign funds from a CAIR-backed PAC. The organisation is under congressional review for alleged Hamas links.

3. Former U.S. Vice President Dick Cheney Passes Away at 84. Family Confirms Death Due to Health Complications.
Richard B. Dick Cheney, former U.S. Vice President under George W. Bush, passed away at 84. His family confirmed he died from pneumonia and cardiac complications, surrounded by loved ones.

4. Ukraine Receives Additional U.S.-Made Patriot Systems to Strengthen Air Defence Amid Continued Russian Drone Attacks, Says President Zelenskyy.
President Volodymyr Zelenskyy confirmed Ukraine has received more U.S.-made Patriot air defence systems to counter Russian drone attacks. The advanced systems aim to protect civilians and safeguard key infrastructure from ongoing assaults.

5. CBSE Hosts First International Sahodaya Conference in Dubai, Marking Global Expansion of Its Collaborative Learning Platform.
The first International and 31st Sahodaya Conference opened in Dubai, gathering over 1,000 CBSE educators worldwide. The two-day event focuses on collaboration and reimagining education under NEP 2020’s vision.

1. West Bengal Cabinet Approves Land Allocation to Captain Industries and Ultratech Cements for Industrial Projects in Jhargram District.
The West Bengal Cabinet approved transferring 149.64 acres in Jhargram to Captain Industries and Ultratech Cements. The initiative, led by CM Mamata Banerjee, aims to promote industrial growth and employment.

2. India’s Women’s Cricket Team Sees Brand Value Surge After Historic World Cup Win Against South Africa.
Following their first-ever Women’s World Cup victory over South Africa, the Indian women’s cricket team’s brand value has soared. Early reports indicate endorsement fees have risen between 25% and 100%.

3. India to Celebrate 100 Years of Hockey with Grand Events at Major Dhyan Chand Stadium and Nationwide Programs.
India will mark 100 years of hockey excellence with celebrations at New Delhi’s Major Dhyan Chand Stadium and over 550 districts. The event, in association with Hockey India, honours legendary players.

4. Jannik Sinner Wins Maiden Paris Masters Title, Reclaims World No. 1 Ranking Ahead of ATP Finals.
Italy’s Jannik Sinner defeated Felix Auger-Aliassime 6-4, 7-6(4) to win his first Paris Masters title. The victory returned him to World No. 1, achieved without dropping a single set.

5. PCB Chief Mohsin Naqvi Likely to Skip ICC Meeting in Dubai Amid Asia Cup Trophy Controversy.
Pakistan Cricket Board chairman Mohsin Naqvi plans to skip the ICC Executive Board meeting in Dubai. He cited domestic political issues. The decision follows tensions with BCCI over the missing Asia Cup trophy.

1. Hinduja Group Chairperson Gopichand Hinduja Passes Away in London at 85. Tributes Pour In for the Global Business Icon.
Gopichand Hinduja, Chairperson of the Hinduja Group, passed away in London at 85. UK lawmaker Rami Ranger and others paid tribute, remembering him as a visionary leader and philanthropist.

2. Starbucks Forms $4 Billion Joint Venture with Boyu Capital to Manage China Operations, Retaining 40% Ownership Stake.
Starbucks announced a $4 billion partnership with Boyu Capital to oversee its China retail operations. Boyu will hold 60%, while Starbucks retains 40% ownership and continues licensing its brand and IP.


3. GST Collections Decline in 20 States and UTs in October, Marking Weakest Performance of FY26.
Twenty states and Union Territories recorded a contraction in GST collections in October. Overall state GST grew 2%, and gross GST 4.6%, reflecting adjustments to the new GST 2.0 rate structure.

4. Centre Hikes Subsidy on Phosphatic Fertilisers to Offset Price Rise, Importers Still Face Margins Pressure.
The central government increased subsidies on phosphatic fertilisers for FY26’s second half to tackle rising costs. Despite this, DAP importers may incur losses, though industry expects relief through special support measures.