India News Latest Headlines Today – July 5, 2025
India is facing a dynamic range of trends and challenges in economics, climate, sports, and foreign policy. The top headlines as of July 5, 2025 are India's stand on the U.S. trade deal deadline, plans to expand copper mining, retaliatory actions in the WTO, a weather warning, and Olympic gold medallist Neeraj Chopra's campaign to enhance sports in India.
India Stands Firm on U.S. Trade Deal Deadline
India has categorically made it clear that it will not rush into a trade agreement with the United States to meet an arbitrary July 9 deadline.
- Trade Minister Piyush Goyal has confirmed that the talks will be in India's national interest and not under external pressure.
- The U.S. is reported to be considering 26% tariffs on Indian goods, approaching agriculture and dairy with compromise.
- To this end, India has put up a proposal in the World Trade Organization (WTO) for retaliatory tariffs.
Reuters – India Trade Minister Statement
Reuters – WTO Retaliation Proposal
⛏️ India Seeks Global Copper Mining Partnerships
India is launching programs to attract foreign investment in copper mining and refining to de-imperialize imports.
- The government is in talks with Chile's Codelco and Australia's BHP to set up domestic smelters and recycling plants.
- Demand for copper is expected to grow to 3.3 million tons by 2030 and near 10 million tons by 2047.
- Incentives are tax relief, zero customs duty, and scrap-processing subsidies.
Reuters – India Copper Strategy
Indian Rupee Steady as Trade Talks Continue
The Indian rupee (INR) ended the week almost flat at ₹85.39 per U.S. dollar, with caution dominating amid trade tensions.
- The rupee had risen to ₹85.25 temporarily but declined on account of profit-taking.
- Anticipation is for a favorable outcome of the trade scenario to trigger gains in the currency markets.
India Proposes \$725M in WTO Retaliatory Tariffs
In a direct response to U.S. auto-part tariffs, India has formally proposed retaliatory tariffs of $725 million under WTO norms.
- India will suspend tariff concessions on selected U.S. imports until a solution is found.
- This is seen as a strong diplomatic shot against protectionism.
Neeraj Chopra Launches Indian Athletics Classic
Olympic gold medallist javelin thrower Neeraj Chopra will be present at the first-ever Neeraj Chopra Classic athletics meet in Bengaluru.
- Global stars including Thomas Rohler and India's best athletes will participate.
- The event is aimed at putting India at the forefront of the track and field scene.
Reuters – Neeraj Chopra Classic
IMD Issues Severe Heatwave Alert in Northwest India
The India Meteorological Department (IMD) has issued severe heatwave alerts this month in Rajasthan, Delhi, Haryana, and Punjab.
- The days of hot weather could increase to 10–12 from 5–6 this year.
- This might lead to a rise in heat illnesses, power outages, and sluggish labor, say experts.
India News Highlights at a Glance (July 5, 2025)
| Headline | Key Detail |
|---|---|
| U.S. Trade Deal | India prefers sovereignty over deadlines |
| --- | |
| ⛏️ Copper Push | Foreign investment is welcome to meet industrial requirements |
| Rupee Watch | INR remains stable at ₹85.39/USD during trade jitters |
| WTO Action | India proposes $725M counter tariffs on US |
| Neeraj Chopra Classic | Best sportspersons take part in India's premier track event |
| Heatwave Alert | 2X hotter days predicted by IMD in northwestern regions |
Final Thoughts
India is navigating a pivotal month with global trade negotiations, industrial planning, and climate resilience efforts. With growing confidence on the international scene, India continues to tread that high-wire of diplomacy versus domestic growth, pushing for long-term growth at the expense of short-term deals.
India copper mining policy India heatwave alert July 2025 India news latest headlines today India rupee today India U.S. trade deal 2025 Neeraj Chopra athletics event WTO retaliatory tariffs India