Hi Kaarthi,
You are using your own designed board, not the NXP official board, right?
If your VDD and VSS is short, your hardware seems have issues.
After checking your attached schematic, some issues:
NMI PTD3 need 4.7K to 10K pull up resistor.
reset pin, 4.7K to 10k pull up resistor, and 0.1uf capacitor to ground.
About the solder temperature: max 260 °C.
BTW, do you have JLINK on your side? If yes, you also can use the JLINK debugger associated with the JLINK command to detect your board, whether you can find the ARM core or not?
If can't find the ARM core, the hardware still have issues, you still need to check hardware side.
Best Regards,
Kerry