Here are today’s top headlines across national, international, and market news:
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?? National (India)
Monsoon advances; heavy rain alert: The IMD has issued alerts for heavy to very heavy rainfall across Delhi–NCR, Nagpur, and parts of central India between June 24–27, warning of potential flooding, transport disruptions, and advising caution in low-lying zones .
Major heatwave persists: A severe heatwave affecting India and Pakistan since April continues, with peak temperatures reaching 48 °C in Sri Ganganagar, Rajasthan, on June 12. Hundreds of heat-related deaths have been reported .
Delhi Assembly elections: The new Delhi Assembly was constituted following the February 5 polls—BJP has formed the government under CM Rekha Gupta .
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? International
Israel‑Iran ceasefire: A temporary ceasefire in the Israel–Iran conflict has significantly calmed global markets and reduced oil prices. However, sporadic missile exchanges continue .
Indus Waters Treaty suspended: India has suspended the treaty and halted Chenab River flows following the recent terror attack near Pahalgam. Pakistan has warned this could escalate tensions .
Pakistan closes airspace: In retaliation to India’s April strikes, Pakistan closed its airspace to Indian carriers, affecting all flights since April 24 .
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? Market & Finance
Indian markets rally: Driven by the Middle East ceasefire and lower crude, the Nifty crossed the 25,000 mark—reaching ~25,225 and Sensex ~82,744—marking their highest levels since October. Oil marketing and airline stocks led gains, while oil producers saw some declines .
Sector picks & daily movers: Analysts at ICICI Securities and ETNow flagged RIL and BPCL among top trading ideas. ICICI Bank shares gained ~0.3%, and the rupee strengthened ~0.9% to 85.9750/USD—its largest daily rise in a month .
Global equities bounce: DAX, CAC 40, Nikkei, and Kospi all advanced on easing oil-related risks. U.S. treasury yields dipped on hopes of future Fed easing .
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? Summary
India braces for intense monsoon impacts.
Domestic political landscape updates from Delhi.
Global relief flows from Israel‑Iran news.
Indian markets surge, boosting investor sentiment.
