School Assembly News Headlines Today, 2 May 2025: National, International, Business and Sports Updates

For students presenting the news during school assembly on 2 May 2025, here is a detailed look at the latest updates across national, international, business and sports sectors. These headlines have been compiled to help students stay informed about important developments taking place across India and around the world. Let’s take a closer look at the top news stories for today’s school assembly.

National News

• Prime Minister Narendra Modi announced WAVES 2025 as a global celebration of creativity and innovation, stating it is the right time to “create in India, create for the world”.
• In a statement about Punjab’s water rights, Chief Minister Bhagwant Mann said he would not accept any violation, following the Bhakra Beas Management Board's decision to release water to Haryana.
• On the occasion of Statehood Day, Vice-President Jagdeep Dhankhar and PM Modi extended greetings to the people of Gujarat and Maharashtra.
• The Election Commission is planning to electronically access registered death lists from the Registrar General of India to clean up the voter database.
• A Delhi court has allowed the National Investigation Agency (NIA) to collect handwriting and voice samples of Tahawwur Rana in connection with the 26/11 Mumbai attacks case.

• In South Korea, acting President Han resigned, amid growing speculation that he may run for the full-time presidency.
• Kamala Harris criticised former President Donald Trump in a key post-election address, accusing him of abandoning American values.
• Amid diplomatic tensions with India, Pakistan appointed Muhammad Asim Malik, the current ISI chief, as its new National Security Adviser.
• Indiahas blocked the Instagram accounts of Pakistani actors and athletes.
• In a pact signed with Ukraine, the US now has access to Ukraine's vast mineral resources, boosting its energy security plans.
• In Washington, the US Senate turned down a bill aimed at stopping Trump’s global tariffs, which critics say are fuelling economic instability.

• ATM withdrawal fees have increased by Rs 2, and users will now pay Rs 23 per transaction beyond the free monthly limit.
• OYO has announced plans to enter the food and beverage space with in-house kitchens and QSR carts in its business hotels.
• Stock markets recorded their worst 100-day opening since the Nixon era, partly due to uncertainty from Trump-related policy signals.
• The government released new ITR forms, allowing individuals with long-term capital gains of up to Rs 1.25 lakh to file ITR 1 and 4.
• Sundram Fasteners reported a standalone net profit of Rs 134.37 crore for the January–March 2025 quarter.

• Indian boxers brought home four more gold medals and finished second overall at the Asian U-15 and U-17 Boxing Championships.
• In Formula One, Oscar Piastri is chasing a hat-trick win while Lando Norris returns to the track where he secured his first career victory.
• In football, Barcelona and Inter Milan played to a 3–3 draw in the first leg of their Champions League semi-final, with youngster Lamine Yamal standing out.