School Assembly Headlines for August 22: Top national, international, business and sports update

From key shifts in national policy and security to major global events, along with noteworthy updates in business and sports, here are the top headlines for August 22, 2025.

School Assembly Headlines for August 22: National news

GoM accepts Centre’s GST proposal, to recommend scrapping of 12%, 28% slabs
A crucial meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with states agreeing to the Centre’s proposal to restructure the indirect tax system by reducing the number of slabs to two i.e. 5% and 18%.


Parliament passes Online Gaming Bill amid protests from Opposition
The Rajya Sabha on Thursday cleared the Promotion and Regulation of Online Gaming Bill, 2025 without discussion, a day after its passage in the Lok Sabha.

School Assembly Headlines for August 22: International news

US, EU lock in trade deal; US official sees auto tariff relief in weeks
The United States and the European Union on Thursday locked in a framework trade deal reached last month that includes a 15% U.S. tariff on most EU imports, including autos, pharmaceuticals, semiconductors and lumber.

Boeing in talks to sell up to 500 jets to China: Report
Boeing is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter.

School Assembly Headlines for August 22: Sports news

Kaif: Gill’s inclusion puts Sanju Samson’s Asia Cup spot in doubt
Former India batter Mohammad Kaif feels Sanju Samson’s spot in the playing XI for the upcoming Asia Cup is uncertain. With Shubman Gill back in the T20I squad and named vice-captain, Kaif expects the team management to prefer Gill and left-hander Abhishek Sharma as openers — a move that could sideline Samson from the starting XI.

Ajinkya Rahane resigns as Mumbai Captain
Ajinkya Rahane has resigned as captain of the Mumbai domestic cricket team, saying it is the “right time to nurture a new leader” before the start of the upcoming domestic season.

School Assembly Headlines for August 22: Business news

India's economic boom in August fuels sharpest price hikes in over a decade, PMI shows
India's private sector activity expanded at the fastest pace on record in August, powered by a historic surge in demand led by the dominant services sector, which allowed firms to hike prices at the fastest clip in over 12 years, a survey showed on Thursday.

School Assembly Headlines for August 22: Thought of the Day

“The future depends on what you do today.” — Mahatma Gandhi.