School Assembly Headlines for August 2: Top national, international, sports and business updates

As students across the nation come together for their morning assemblies on 2 August 2025, here’s a comprehensive overview of the major news stories shaping the day. Covering national events, global affairs, business updates, and recent sports achievements, today’s headlines offer a well-rounded snapshot of important developments that both students and educators should stay informed about.

School Assembly Headlines for August 2: National news
Election Commission sets date for Vice Presidential poll following Jagdeep Dhankhar’s unexpected resignation
The Election Commission of India (ECI) announced on Friday that the 17th Vice Presidential election will take place on September 9, just days after Jagdeep Dhankhar's sudden resignation on July 21.

PM Modi to disburse ₹20,500 crore to farmers under PM-KISAN Scheme in Varanasi
On August 2, 2025, Prime Minister Shri Narendra Modi will release the 20th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from Varanasi. Through this installment, more than 9.7 crore farmers nationwide will receive direct financial aid totaling around ₹20,500 crore via Direct Benefit Transfer (DBT), ensuring transparency and removing any involvement of intermediaries.

Two-year waiting period for planned procedures at AIIMS Delhi
The waiting time for scheduled procedures at the All India Institute of Medical Sciences (AIIMS), Delhi, can stretch up to two years due to the high volume of patients, Minister of State for Health and Family Welfare Prataprao Jadhav informed the Rajya Sabha earlier this week.

School Assembly Headlines for August 2: International news
US announces 20% tariff on Sri Lankan exports
The US has announced a 20 per cent tariff on Sri Lankan exports, marking a 24 per cent reduction from the initial rate proposed for the island nation.

Donald Trump reignites global trade war with sweeping tariff regime
Donald Trump imposed tariffs on numerous U.S. trading partners while finalizing recent agreements with others, such as the UK and EU, ushering in a new era of mercantile rivalry in the global economy.

School Assembly Headlines for August 2: Sports news

Tharun and Lakshya Sen have both reached the Macau Open quarter-finals after big wins
India's star shuttler Lakshya Sen and rising talent Tharun Mannepalli secured their spots in the men’s singles semifinals of the Macau Open Super 300 badminton tournament with hard-fought victories on Friday.

Zverev beat Arnaldi in Canada to earn 500th career win
Alexander Zverev notched his 500th career win on the ATP Tour by defeating Matteo Arnaldi to advance to the fourth round of the Canadian O pen on Thursday. The German had to battle hard, rallying from a set down to secure a 6-7 (5-7), 6-3, 6-2 win in a match lasting two hours and 48 minutes.

School Assembly Headlines for August 2: Business news
Goods and Services Tax (GST) collections rose by 7.5% in July, reaching Rs 1.96 lakh crore
India’s gross Goods and Services Tax (GST) collection for the month of July stood at Rs 1.96 lakh crore, marking a 7.5% increase compared to the same month last year, government data showed Friday.

Jaguar Land Rover has announced that its CEO, Adrian Mardell, will be stepping down from his position
According to a Reuters report, Jaguar Land Rover (JLR) CEO Adrian Mardell has announced his resignation. His replacement will be appointed in due course.

School Assembly Headlines for August 2: Thought of the Day
“The future belongs to those who believe in the beauty of their dreams.”— Eleanor Roosevelt