Introduction
Explore the most critical Top Current Affairs July 29 2025, spanning India and the wider world. Key stories include India’s rising trade tensions with the U.S., monetary market turbulence, a tragic school collapse, and intensifying crisis in Gaza. Together, they reflect economic strain, strategic diplomacy, public safety challenges, and global humanitarian concerns shaping policy landscapes today.
National Affairs – Current Affairs July 29 2025
Indian Forces Kill Terrorists Behind Pahalgam Attack
Category: National / Security
Summary: Indian forces eliminated three Pakistani nationals linked to the April Pahalgam massacre, recovering evidence including voter IDs and chocolates connected to the perpetrators, according to Home Minister Amit Shah.
Key Points:
- Attack killed 26 Hindu tourists
- Bodies recovered in Kashmir forest
💼 Economy & Business – Current Affairs July 29 2025
Deepak Fertilisers Q1 Profit Up 24.4% Amid Strong Demand
Category: Economy / Industry
Summary: The firm posted a robust 24.4% year-on-year profit increase in Q1 driven by rising crop-input demand across India’s agriculture sector.
Key Points:
- Demand buoyed by rabi crop sowing
- Reflects improved farmer income cycles
Rupee Nears 87/USD as Trade Uncertainty and Outflows Mount
Category: Economy / Markets
Summary: The Indian rupee slipped toward ₹87, its weakest in months, amid trade negotiation confusion with the U.S. and ongoing foreign equity and bond sell-offs.
Key Points:
- Decline driven by stalled India-U.S. talks
- Largest equity outflow day since May
🌐 International Affairs – Current Affairs July 29 2025
IMF Raises Global Growth Forecast to 3%, Flags Tariff Risks
Category: International / Economy
Summary: The IMF upgraded its global GDP forecasts to 3% for 2025 and 3.1% in 2026, but warned U.S. tariff policy uncertainty could derail the fragile recovery.
Key Points:
- U.S. effective tariff rates eased to ~17%
- Emerging markets growth projected at 4.1%
🏛 Politics & Governance
(No new prominent governance headlines surfaced for July 29.)
🧭 Markets & Finance – Current Affairs July 29 2025
U.S. Dollar Hits 2025 High as Markets Await Fed & Tariff Moves
Category: International / Markets
Summary: The U.S. dollar surged amid easing trade friction optimism and ahead of Fed decisions, even as global equities slipped and oil prices rallied.
Key Points:
- Dollar index reached a 5-week high
- Brent and WTI crude up ~3.5% on Russia pressure
🏫 Society & Public Safety
School Roof Collapse in Rajasthan Kills Seven Students
Category: National / Disaster
Summary: A school roof collapsed during class in Rajasthan amid heavy rainfall, killing seven children and injuring dozens. Authorities ordered infrastructure inspections nationwide.
Key Points:
- Roof failed mid-session
- Safety probe launched across district schools
Source: ([Indian media report via search summary])
⚽ Sports & Culture
(No major sports/culture events reported on July 29.)
Conclusion
Today’s Current Affairs July 29 2025 narrative reflects India grappling with economic headwinds, rising U.S. trade tensions, and domestic security challenges. Globally, cautious optimism from IMF upgrades is undermined by geopolitical volatility and market sensitivity to tariff policy. Together, these themes underscore a day defined by macroeconomic fragility, strategic recalibration, and urgent public safety issues.
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