Good morning! Here is your specially curated news briefing for the school assembly on this Wednesday, December 18, 2025. Today's headlines span crucial diplomatic engagements, significant policy signals from the central bank, and an exciting cricketing clash, alongside key developments in international affairs, business, and education.
National and International Developments
On the diplomatic front, India has formally raised security-related concerns with Bangladesh. The Ministry of External Affairs summoned the Bangladesh High Commissioner to discuss issues linked to the safety of Indian interests. This move indicates a period of heightened diplomatic engagement between the two neighbours amid evolving regional security challenges.
In a related aviation development, Pakistan has extended its ban on Indian airlines using its airspace until January 24, 2025. This prolonged restriction continues to affect flight routes and operational costs, prompting Indian authorities to consider reciprocal measures.
Domestically, the Central government is preparing to launch a new rural employment scheme from April 2026. States are expected to receive a six-month window for implementation of this initiative, which aims to boost livelihoods and strengthen income support in rural areas.
Global Business and Geopolitical Shifts
Internationally, a major proposed merger in the media world has hit a roadblock. Warner Bros has rejected a massive $108-billion hostile takeover bid from Paramount, marking a significant setback for one of the biggest potential deals in the global entertainment industry.
Geopolitical tensions remain high as Russian President Vladimir Putin has warned that Russia may seize claimed Ukrainian territories by force if peace negotiations fail. This statement has raised fresh concerns about a potential escalation in the prolonged conflict.
Furthermore, Venezuela has denounced former US President Donald Trump's call for a "total and complete" ship blockade, labelling it an act of economic aggression and a violation of international norms.
Sports: Cricket in Focus
Cricket fans are in for a thrilling encounter as India faces South Africa in the fourth T20I match today. All eyes will be on captain Suryakumar Yadav's batting form and the availability of pace spearhead Jasprit Bumrah as India aims to seal the series victory.
In league cricket news, trends from the recent IPL 2026 auction have revealed contrasting team strategies. While the Chennai Super Kings invested heavily in young domestic talent, the Kolkata Knight Riders focused their spending on proven overseas performers.
Business and Economic Policy
In significant news for the economy, the Reserve Bank of India (RBI) has signalled continuity in its monetary policy stance. RBI Governor Sanjay Malhotra indicated that interest rates are likely to remain low to support economic growth amidst ongoing global uncertainties.
On the regulatory front, SEBI is considering a review of mutual fund regulations and pre-IPO lock-in norms. This potential move could have wide-ranging impacts on investors, asset managers, and overall capital market dynamics.
Education and Opportunities
In a boost for higher education and inclusivity, BITS Pilani has received a generous $1 million endowment from a US-based alumnus. This fund is specifically dedicated to providing scholarships and financial support for women students.
Additionally, IGNOU has begun registrations for its January 2026 admission cycle. Fresh applicants can now apply through the university's online admission portal for a wide range of undergraduate, postgraduate, and diploma programmes.
