India News Today – July 7, 2025: Monsoon, Economy, Modi’s Global Tour & Trade Update

  latest news headlines from India

India News Today – July 7, 2025: Monsoon, Economy, Modi’s Global Tour & Trade Update



Get caught up with the most important India news headlines—from early monsoon rains and economic policy to Prime Minister Modi’s global tour and progress in India–US trade talks.


1. Early Monsoon Covers Nearly All of India This Week

The Indian Meteorological Department (IMD) reports the monsoon has already reached nearly the entire country, arriving over a week early. Regular above-average rain during June and July will likely benefit farming through the possibility of sowing rice, corn, cotton, soybeans, and sugarcane (reuters.com).

 2. Modi Embarks on 8‑Day World Tour to Strengthen Bilateral Relationship

Prime Minister Narendra Modi embarked on his longest overseas tour in nearly a decade, visiting Ghana, Trinidad & Tobago, Argentina, Brazil (BRICS Summit), and Namibia between July 2–9. The highlights are addressing Trinidad's parliament and attending the 17th BRICS Summit in Rio (indiatimes.com).

3. Cabinet Approves ₹1 Trillion Job Scheme

The central government has cleared the Employment‑Linked Incentive (ELI) Scheme, a ₹1 trillion (US $11.7 billion) scheme to generate 35 million new jobs till July 2027. The scheme entails wage subsidies for new employment and tax relief to employers—young individuals' employment, and manufacturing growth (reuters.com).

 4. India–US Close to "Mini Trade Deal" Before Tariff Deadline

India and the US are reported to be on the verge of signing a mini trade deal before the July 9 tariff deadline. The deal would provide market access in goods like textiles and leather, balanced by sensitive farm protections (financialexpress.com).

5. Nifty & Sensex Open Lower Amid Global Trade Tension

Indian benchmark indices opened lower on Tuesday, with the Nifty50 lower by ~0.1% at ~25,436, and the BSE Sensex at around 83,350, as investors respond to ongoing global trade uncertainties (m.economictimes.com).

Keywords: Nifty50 today, Sensex opening news, India stock market July 2025


⚙️ 6. OECD Sees India Growing 6.3% in FY26, Rising to 6.4% CAGR

The OECD projects India's GDP growth of 6.3% in FY26, rising slightly to 6.4% in FY27, compared to world growth of ~2.9%. The projection cites firm public capital expenditure, while employment and income growth remain tepid (timesofindia.indiatimes.com).

 7. Heatwave Aftermath: 2025 India–Pakistan Heatwave Subsides

The brutal India–Pakistan heatwave, which peaked to 48 °C in regions like Rajasthan in April–May, is currently subsiding with more temperate monsoon rains dominating—relieving the entire subcontinent (en.wikipedia.org).

Keywords: India heatwave 2025, monsoon relief, extreme weather India


At a Glance – India Headlines Today

TopicSummary
Monsoon UpdateAbove-average rains covering India early
Modi’s TourLongest global trip across five countries including BRICS summit
Job Scheme₹1 trillion plan to create 35 million jobs in two years
Trade DealIndia–US near mini-deal prior to July 9 tariff deadline
Market ResponseNifty & Sensex decline due to trade concerns
Economic OutlookOECD forecasts 6.3% FY26 GDP growth, 6.4% in FY27
Weather ReliefHeatwave ends as monsoon relief hits

✅ Final Take

From agricultural rejuvenation via early monsoon rains and strong economic projections, to diplomatic momentum with Modi’s world tour and a potential India–US trade deal, today's headlines reflect India's dynamic growth and global engagement strategy. Stay tuned for updates on market trends, policy rollouts, and weather developments.


 #IndiaNews #Monsoon2025 #ModiTour #ELIScheme #IndiaUSTradeDeal #OECD #Sensex #Nifty #HeatwaveRelief

Disqus Comments