School Assembly News Headlines: 5 October 2025

National News

1. UK Prime Minister Keir Starmer to visit India October 8-9; meet PM Modi, discuss Vision 2035 partnership.

2. Shubman Gill appointed India ODI captain, Shreyas Iyer vice-captain; Rohit Sharma, Virat Kohli included in squad.

3. Dr. Ananya Awasthi and Dr. Meenakshi Singh to discuss India’s $100 billion nutraceutical future at summit.

4. RBI relaxes foreign currency borrowing cap, boosting growth prospects for well-rated non-bank finance companies in India.

International News

1. Sanae Takaichi elected first female LDP president, poised to become Japan’s first female prime minister.

2. London court to hear Nirav Modi’s petition to reopen extradition trial on November 23 in UK.

Sports News 

1. Delhi football veteran NK Bhatia dies after prolonged illness; significantly contributed to the growth of football in capital.

2. Shubman Gill appointed India ODI captain, Shreyas Iyer vice-captain; Rohit Sharma, Virat Kohli included for Australia series.

Business News

1. Ministry of Mines launches Rs. 1500 crore Critical Mineral Recycling Incentive Scheme to recover valuable minerals from e-waste.

2. Private insurers cut agent commissions by 18% after GST removal on retail insurance policies, raising agent concerns.

1. UK Prime Minister Keir Starmer to visit India on October 8-9, meet PM Modi in Mumbai.
Starmer’s first official India visit will review India-UK Comprehensive Strategic Partnership. Discussions include trade, defence, climate, energy, health, education, and people-to-people cooperation under the Vision 2035 roadmap.

2. Shubman Gill appointed India ODI captain for Australia series; Shreyas Iyer named vice-captain.
India’s cricket team sees a leadership change with Shubman Gill taking ODI captaincy. Rohit Sharma, Virat Kohli included in squad. Shreyas Iyer becomes vice-captain ahead of October 19 Australia series.

3. Dr. Ananya Awasthi and Dr. Meenakshi Singh to discuss India’s $100B nutraceutical future at summit.
At India Health Summit & Awards 2025, experts explore the growing $100 billion nutraceutical sector, focusing on wellness innovation, investment opportunities, and strategies to lead health and wealth initiatives.

4. RBI relaxes foreign currency borrowing cap, boosting well-rated non-bank finance companies’ growth prospects.
The Reserve Bank of India lifted the $750 million foreign borrowing limit, enabling non-bank finance companies to access resources more easily and strengthen their funding beyond banks and bonds.

5. Vehicles without valid FASTag to face higher toll charges; UPI payment cheaper than cash from November 15.
The Ministry of Road Transport updates National Highways Fee Rules, 2025. Vehicles paying toll via UPI will pay 1.25x, while cash payments will cost double. Effective November 15, 2025.

6. UPSC to release provisional answer key after Civil Services prelim exam; final key post-results.
The Union Public Service Commission informs the Supreme Court that provisional answer keys will be published after preliminary exams. Final answer keys will follow declaration of results to ensure accuracy.

1. J&K Peace Forum exposes major banking fraud; loans sanctioned against temple and religious property rent agreements.
Alleged largest banking fraud in Jammu & Kashmir involves J&K Bank approving loans using tenants’ names on temple and religious properties, raising serious questions on financial and regulatory oversight.

2. Delhi CM Rekha Gupta inspects Yamuna ghats, directs officials to ensure Chhath Puja festival arrangements.
Ahead of October 25-28 celebrations, Delhi CM reviews preparations at Yamuna ghats. Temporary ghats to be set up, but court orders prohibit immersion in river waters during Chhath Puja.

3. Postal services resume in Churachandpur after ethnic violence; first mail van reaches district since May 2023.
Manipur’s Churachandpur district receives mail van after months of suspension due to ethnic unrest. Letters, parcels, and consignments delivered, marking the restoration of postal services and connectivity in the region.

1. Sanae Takaichi elected first female LDP president, set to become Japan’s first female prime minister.
Takaichi wins runoff against Shinjiro Koizumi with 185 votes, securing lawmaker and chapter support. Her historic victory positions her to lead Japan, marking a milestone in gender representation in politics.

2. London court to hear Nirav Modi’s petition to reopen extradition trial on November 23.
Fugitive diamantaire Nirav Modi seeks to reopen his extradition trial, citing potential interrogation risks in India. Agencies are expected to assure the court that he will not face coercive questioning.

3. Nepal restricts vehicle movement in Kathmandu for three days due to heavy rainfall, landslide risks.
Authorities impose entry and exit restrictions in Kathmandu valley from Saturday to Monday. Red alerts issued for areas near Bagmati and East Rapti rivers. Long-route vehicles advised to operate only in emergencies.

4. Tens of thousands protest in Barcelona, Rome, and Lisbon over Israel’s war in Gaza.
Mass demonstrations erupt in Spain, Italy, and Portugal following Israel’s interception of a humanitarian aid flotilla. Protesters demand action against Gaza blockade, showing growing public outrage across Europe.

1. Delhi football veteran NK Bhatia dies after prolonged illness; contributed significantly to national capital’s football.
Bhatia, vice-president of Football Delhi and former DSA secretary, passed away after age-related complications. He played a key role in promoting football in Delhi and represented the sport at national forums.

2. Shubman Gill appointed India’s ODI captain; Shreyas Iyer becomes vice-captain for Australia series.
Gill takes over from Rohit Sharma as India’s ODI captain for upcoming three-match series in Australia. Rohit and Virat Kohli return to the squad, while Iyer assumes vice-captaincy role.

3. India faces Pakistan in ICC Women’s World Cup 2025; holds dominant 11-0 ODI record.
The high-voltage clash takes place at Colombo’s R Premadasa Stadium. India’s recent win over Sri Lanka and Pakistan’s loss to Bangladesh highlight India’s clear advantage in the upcoming Women’s World Cup fixture.

1. Ministry of Mines launches Rs. 1500 crore Critical Mineral Recycling Incentive Scheme for e-waste recovery
The scheme, under the National Critical Minerals Mission, targets recovery of lithium, cobalt, nickel, rare earths, and platinum group metals from e-waste, spent batteries, and industrial scraps, boosting India’s mineral security.

2. Private insurers slash agent commissions by 18% after GST removal on retail insurance policies.
Following the full GST removal on life, health, and accident policies, insurers reduce distributor commissions to pass tax benefits to customers, raising concerns among agents over earnings in India’s Rs 40,000–50,000 crore market.

3. RBI revises related-party transaction norms for promoters, shareholders, and key management personnel in lending.
The draft circular simplifies approvals for loans to related parties by regulated entities. Board or committee approval is required only for loans above set thresholds, aiming to improve governance and transparency.

4. LG Electronics India and Tata Capital IPOs open October 6, testing investor sentiment amid market volatility.
Two highly anticipated IPOs launch on October 6, 2025. Analysts expect strong institutional participation, highlighting the resilience of India’s primary market despite ongoing volatility and investor caution.