📢 Today’s Top 15 Headlines – July 5, 2025
Published: July 5, 2025 | Categories: India • Global News • Economy • Finance • World Affairs
Banner: Today's Top 15 India & Global Headlines
- India proposes WTO retaliation vs US auto tariffs: India plans $725 million in counter‑duties after the US imposed 25% tariffs on autos, but is still pursuing a bilateral trade deal before July 9 :contentReference[oaicite:1]{index=1}.
- India to attract foreign copper mining firms: Govt policy aims to reduce import dependence with incentives for overseas tie‑ups and domestic smelters :contentReference[oaicite:2]{index=2}.
- India sees above‑average July rains: After June’s 9% surplus, IMD forecasts rainfall above 106% of normal, aiding summer crops :contentReference[oaicite:3]{index=3}.
- India announces $234M drone incentive program: To reduce dependency on imported drone tech amid strategic regional needs :contentReference[oaicite:4]{index=4}.
- Tata Steel hit with ₹19B demand notice: Odisha govt cites shortfall in chromite shipments :contentReference[oaicite:5]{index=5}.
- RBI manages liquidity ops to support overnight rates: Measures keep interbank rates within the policy corridor :contentReference[oaicite:6]{index=6}.
- U.S. sends tariff letters to 10–12 countries: President Trump’s admin notifies nations ahead of July 9 deadline :contentReference[oaicite:7]{index=7}.
- Global markets eye end of 90‑day tariff pause: Uncertainty looms as US tariff truce approaches expiry, with gold surging 26% YTD :contentReference[oaicite:8]{index=8}.
- S&P, Nasdaq close June at record highs: Global equities surge with trade optimism :contentReference[oaicite:9]{index=9}.
- OPEC+ considers another oil output hike: Sources say 411,000 bpd boost possible in August :contentReference[oaicite:10]{index=10}.
- Gold heads for weekly gain on weak dollar: Safe‑haven demand boosts spot prices :contentReference[oaicite:11]{index=11}.
- Manga doomsday prediction sparks Japan travel anxiety: Superstitions around July 5 quake warnings dismissed by authorities :contentReference[oaicite:12]{index=12}.
- Record July 4 travel in US: 72.2 million Americans will travel this holiday weekend :contentReference[oaicite:13]{index=13}.
- Bank holiday in Jammu & Kashmir: Banks closed today for Guru Hargobind Ji’s Birthday :contentReference[oaicite:14]{index=14}.
- Hezbollah weighing arsenal reduction: Indicates shift in Middle East dynamics :contentReference[oaicite:15]{index=15}.
📊 Summary Table
| # | Story | Highlight |
|---|---|---|
| 1 | India–US WTO action | $725M counter‑duties planned |
| 4 | Drone incentives | $234M push for local manufacturing |
| 8 | Tariff pause ending | Markets holding firm |
| 10 | OPEC+ output hike | 411k bpd increase likely |
| 11 | Gold rally | Safe‑haven surge continues |
🔗 Suggested Internal Links
- India’s WTO Counter‑tariffs Explained
- Drone Incentive Scheme: Boosting Defence Tech
- Tata Steel’s Odisha Notice: What You Should Know
- Global Markets & the Tariff Pause Timeline
🧭 Final Takeaway
Today’s headlines highlight India’s assertive trade strategy, investment in critical minerals and tech, and robust macro-stability, while global markets navigate uncertainty ahead of tariff deadlines. Keep an eye on July 9 developments—it may shift the economic outlook worldwide.
Tags: July 5 News, India WTO, Copper Mining India, Drone Incentive, Tata Steel, RBI, Global Markets, OPEC+, Gold, US Tariffs, Japan Anxiety, US Travel, Bank Holiday
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