Global News Highlights Today – Madrid Heatwave, UAE Education Reform, and Pope’s Peace Call (20 Aug 2025
Madrid Heatwave
Crisis – Poor neighbourhoods demand more trees to cool streets during
deadly heatwaves. (Source: US News)
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UAE Education Reform – No more second-term exams for
students across all grades from 2025–26 academic year. (Source: Times of
India)
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Pope’s Global Peace Call – Pope Leo announces
worldwide fasting and prayer day for peace on August 22. (Source: Reuters)
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India’s Rate Panel Cites U.S. Tariffs as Growth Drag
– The RBI’s Monetary Policy Committee highlighted upcoming U.S. tariffs (50%
starting August 27) as a risk to external demand, while maintaining a steady
repo rate at 5.50% and flagging a benign inflation outlook and resilient 6.5%
GDP forecast. (Source: Reuters) Reuters
Online Gaming Regulation Bill Introduced in Lok Sabha
– The Centre has tabled “The Promotion and Regulation of Online Gaming Bill,
2025” to establish licensing, responsible gaming norms, user protection, and
transparency in the fast-growing online gaming sector. (Source: Economic
Times) The Economic Times
New Honda Finance Subsidiary Launched in India –
Honda Motor Co. has set up Honda Finance India, a dedicated retail
finance arm, to support vehicle purchase financing in the country. (Source:
Reuters via TradingView) TradingView
Indore Sees Heavy Rain & Waterlogging – The city
received over 67.5 mm of rainfall within nine hours, causing widespread
waterlogging and traffic disruptions. More heavy rain is expected as a system
from the Bay of Bengal approaches. (Source: Times of India)
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