School Assembly News Headlines: 7 June 2025

National News

1. RBI Cuts Repo Rate by 50 Basis Points to 5.5%, Eases Borrower EMIs Amid Declining Inflation and Economic Relief.

2. India Reaffirms Commitment to Disaster Risk Reduction, Public Health Cooperation at GPDRR 2025, Highlighting Global Resilience Efforts.

3. PM Modi Inaugurates ₹46,000 Crore Projects in Jammu & Kashmir, Dedicates USBRL Rail Link and Iconic Bridges Boosting Connectivity.

4. Supreme Court Extends NEET PG Exam Date to August 3, 2025, Declares No Further Extensions Will Be Granted.

International News

1. Thailand military boosts border presence, responds to Cambodian buildup after deadly clash; tensions rise, diplomatic talks ongoing, sovereignty emphasized.

2. Xi, Trump discuss tariffs, agree on more trade talks; Xi urges caution on Taiwan, Trump calls conversation positive.

Sports News

1. Uzbekistan celebrates historic World Cup debut after draw with UAE; coach praises achievement, ending seven failed attempts since independence.

2. India-England Test series renamed Tendulkar-Anderson Trophy; legends to unveil trophy at Lord’s WTC final, honouring cricket icons

Business News

1. Tesla shares plunge $150 billion after Musk-Trump feud over government contracts, investor confidence drops, largest single-day loss recorded.

2. RBI fines PayMe India Rs. 2 lakh for unauthorised public deposits, KYC violations, and unapproved shareholding changes, enforcing financial regulations.

1. RBI Cuts Repo Rate by 50 Basis Points to 5.5%, Bringing Relief to Borrowers Amid Easing Inflation Trends
The RBI reduced the repo rate to 5.5% after its June MPC meeting. This will lower EMIs for borrowers and provide financial relief, especially benefiting those with long-term housing loans.

2. RBI lowers 2025-26 inflation forecast to 3.7% citing strong wheat production and favourable early monsoon outlook for crops.
The Reserve Bank of India revised its inflation forecast downward to 3.7 percent for 2025-26. Record wheat output and an early, above-normal monsoon support food supply and moderate price rise.

3. India Reaffirms Commitment to Global Disaster Risk Reduction at GPDRR 2025 and G20 DRR Working Group Roundtable
India reiterated its commitment to disaster risk reduction at GPDRR 2025. Dr. P. K. Mishra emphasised G20’s role in building resilience and aligning economic growth with disaster preparedness globally.

4. Indian Parliamentary Delegation in Germany Highlights United Stand Against Terrorism and Strengthens Strategic Ties
A delegation led by MP Ravi Shankar Prasad arrived in Berlin to oppose terrorism. They discussed India-Germany relations and met German leaders, think tanks, and the Indian diaspora during the visit.

5. India Reiterates Commitment to Disaster Risk Reduction and Public Health Cooperation at GPDRR 2025 in Geneva
India reaffirmed its commitment to disaster risk reduction and public health at GPDRR 2025. Dr. P. K. Mishra represented India at the G20 DRR Working Group Roundtable on World Environment Day.

6. PM Modi Praises India’s Youth as Drivers of Global Success, Innovation, and National Growth Over the Past 11 Years
Prime Minister Modi hailed India’s youth for their global achievements. He emphasized their dynamism, innovation, and energy as key forces behind India’s growth and progress over the past eleven years.

7. JP Nadda Reviews Fertilizer Supply During Kharif Season, Emphasizes Sustainable Agriculture and National Food Security
Union Minister JP Nadda chaired a high-level meeting to ensure timely fertiliser supply for the Kharif season. He stressed agriculture’s importance in food security and promoted sustainable farming practices nationwide.

8. PM Modi Inaugurates Development Projects Worth ₹46,000 Crore in J&K, Dedicates USBRL Rail Link and Iconic Bridges
Prime Minister Modi launched multiple projects in Jammu and Kashmir. He dedicated the USBRL rail project, including Chenab and Anji Khad bridges, highlighting connectivity and development in the region.

9. Supreme Court Extends NEET PG Exam Date to August 3, 2025; No Further Extensions Allowed
The Supreme Court has allowed NBE to conduct the NEET PG exam on August 3, 2025. The exam was earlier scheduled for June 15. No further extensions will be granted by the Court.

10. Dassault and Tata Advanced Systems Sign Deal to Manufacture Rafale Fighter Jet Fuselage in India
Dassault Aviation has partnered with Tata Advanced Systems for technology transfer. Tata will manufacture Rafale fighter jet fuselage. This expands India’s military aviation capabilities significantly.

1. Kerala Government Revises Bakrid Public Holiday to June 7, Cancels Earlier June 6 Holiday Notification
Kerala government announced June 7 as the official Bakrid holiday, replacing June 6. June 6 will now be a regular working day after updated festival reports.

2. RCB IPL Victory Stampede: Police Detain RCB Marketing Head and Event Management Staff in Bengaluru
Following the Bengaluru stampede during RCB IPL celebrations, police detained RCB marketing head Nikhil Sosale and three event management staff, including Sunil Mathew, for investigation.

3. Assam Flood Situation Improves; Over 5.6 Lakh People Affected, No New Death Reports, Evacuations Underway
Floods continue in Assam affecting over 5.6 lakh people across 16 districts. Relief camps shelter 41,000. Crop damage and transport disruptions reported. SDRF teams engaged for evacuations.

4. Telangana Govt to Release Two Dearness Allowance Arrears; Employees Agree to Health Coverage Deduction
Telangana government will pay two out of five pending DA arrears. Employees accepted a monthly Rs. 500 deduction for health coverage, matched equally by the state government.

5. Army Launches Operation Shiva to Secure 38-Day Amarnath Yatra Pilgrimage Starting July 3 in Jammu and Kashmir
The Army initiated Operation Shiva for foolproof security during the Amarnath Yatra. Coordination with CAPFs, J&K Police, and SASB strengthens safety after recent security threats including the Pahalgam attack.

1. Trump Administration Imposes Sanctions on Four ICC Judges Over War Crimes Investigations Involving Israel and U.S. Troops
The U.S. sanctioned four ICC judges for war crimes probes into Israeli PM Netanyahu and U.S. troops in Afghanistan. The move marks unprecedented retaliation against the tribunal.

2. Thailand Military Prepares High-Level Operation Amid Border Dispute, Reacts to Increased Cambodian Military Readiness, Heightening Tensions After Deadly Clash Last Week.
Thailand’s military announced readiness to launch a strong operation to protect sovereignty. Intelligence indicates Cambodia has increased border military readiness amid ongoing diplomatic talks. The situation remains tense and closely monitored.

3. Chinese President Xi Jinping and US President Donald Trump Hold Phone Talks to Ease Trade Tensions and Discuss Taiwan
Xi and Trump discussed tariffs and agreed on further trade talks. Xi urged prudence on Taiwan. Trump described the call as very good on Truth Social.

4. U.S. Supreme Court Rules Unanimously to Allow Reverse Discrimination Lawsuit by Ohio Woman Denied Promotion
The Supreme Court unanimously allowed a reverse discrimination lawsuit by Marlean Ames, who claims she was denied promotion due to being heterosexual, overturning a lower court’s dismissal.

5. US Introduces Quad Space Act 2025 to Strengthen Space Cooperation Among Quad Nations for Indo-Pacific Stability
The Quad Space Act 2025 directs the US Secretary of Defense to coordinate with Quad nations on space policies. It aims to maintain space dominance and ensure Indo-Pacific stability.

1. Uzbekistan Qualifies for FIFA World Cup 2026 for the First Time, Coach Praises Team’s Historic Achievement
Uzbekistan secured their first-ever World Cup berth with a draw against UAE, finishing top two in Group A. The team previously failed seven times since 1991 independence.

2. India-England Test Series Renamed Tendulkar-Anderson Trophy to Honour Cricket Legends Sachin Tendulkar and James Anderson
The ECB and BCCI jointly renamed the Test series as the Tendulkar-Anderson Trophy. It will be unveiled by the legends at the WTC final on June 11 at Lord’s.

3. Shubman Gill Embraces New Role as India’s Test Captain, Aiming to Build His Own Leadership Style
After Rohit Sharma and Virat Kohli retired from Test cricket, Shubman Gill takes over as captain. At 25, he plans to lead with his unique approach, inspired by IPL success.

4. Teenager Lamine Yamal Shines as Spain Beats France 5-4 to Reach Third Consecutive Nations League Final
Spain’s 17-year-old Lamine Yamal scored in a thrilling 5-4 semi-final win over France. Spain will face Portugal in the final, fueled by goals from Williams, Merino, and Pedri.

5. Errani and Vavassori Win French Open Mixed Doubles; Djokovic, Sinner, Alcaraz, Musetti Set for Men’s Singles Semifinals
Italy’s Sara Errani and Andrea Vavassori defeated Americans Townsend and King to win mixed doubles. Djokovic faces Sinner, and Alcaraz meets Musetti in today’s men’s singles semifinals.

1. Economist S Mahendra Dev Appointed Chairperson of Economic Advisory Council to PM for Two Years, New Members Added
S Mahendra Dev named EAC-PM chairperson. PM Modi approved reconstitution of the council with new part-time members. Poonam Gupta excluded from the list after Bibek Debroy’s passing last year.

2. India Raises Concerns Over Pakistan’s $800 Million Asian Development Bank Loan Amid Fears of Fund Misuse
India opposed ADB’s $800 million loan to Pakistan due to rising defense spending, declining tax revenue, and slow progress on key economic reforms. Concerns about potential fund misuse were highlighted.

3. Tesla Shares Plunge $150 Billion in Market Value Amid Public Feud Between Elon Musk and President Trump
Tesla’s shares suffered their largest single-day loss after Trump threatened to cancel government contracts linked to Musk. The dispute began following Musk’s criticism of the government’s spending bill.

4. RBI Fines PayMe India Rs. 2 Lakh for Unauthorised Public Deposit Acceptance and KYC Norm Violations
RBI imposed penalties on PayMe India for breaching Certificate of Registration terms. Violations included accepting public deposits and unauthorised changes in shareholding without RBI approval.

5. S Mahendra Dev Appointed Chairman of Economic Advisory Council to PM, Resigns from Axis Bank Board
Economist S Mahendra Dev has been named Chairman of EAC-PM. He resigned as an independent director at Axis Bank after his appointment. NITI Aayog’s Suman Bery currently heads the council.

1. Thunderstorms Forecast Across Northwest India with Gusty Winds up to 50 kmph
IMD predicts thunderstorms in Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Punjab, Haryana, Delhi, and Uttar Pradesh. Light to moderate rainfall expected, easing heat in these regions.

2. Severe Heatwave to Hit Rajasthan with Temperatures Crossing 45°C Amid Hot, Dry Winds
Rajasthan faces intense heatwave conditions as temperatures soar above 45°C. Hot, dry winds will worsen the heat, causing discomfort and health risks.

3. Northeast India to Receive Light to Moderate Rainfall with Possible Heavy Showers in Assam, Meghalaya
IMD forecasts rainfall over Assam, Meghalaya, and Sikkim on June 7. Isolated heavy rain may cause localised flooding in Assam and Meghalaya districts.

4. Thunderstorms Expected in South India, Including Maharashtra, Telangana, Andhra Pradesh, Tamil Nadu, and Karnataka
Parts of South India to experience noon-to-night thunderstorms with moderate rainfall, marking a break-like phase of the monsoon season.

5. Possible Rain Threat Looms Over Ahmedabad During IPL 2025 Final Reserve Day
Weather forecasts indicate a slight chance of rain on June 7 in Ahmedabad. Rain could impact the IPL final reserve day between RCB and Punjab Kings.