As of early-2025, India is importing crude oil from 40 countries, up from 27 earlier
Escalating geopolitical tensions may prompt issuers to delay long-term bond issues amid uncertainty, though RBI support is keeping yields stable for now
Prime Minister Shehbaz Sharif on Wednesday said that the Pakistan Army was ready for an Indian attack, lauding his forces for the "swift response". Addressing a session of the Parliament amid escalated tensions between the two countries, Shehbaz claimed that the Pakistan armed forces destroyed five Indian jets. He, however, did not provide any evidence in support of his claim. "Last night, 80 Indian aircraft were part of the offensive, but Pakistan's air defence effectively neutralised the threat, he claimed. The Prime Minister lauded the Pakistan Air Force and its chief "for the swift response", saying that the armed forces had prior intelligence about India's plans. "We shot down five enemy jets, including Rafales, and also downed two Indian drones, he claimed, without providing any evidence to back up his claims. Referring to Rafale jets, the prime minister claimed Pakistan jammed their systems. "Our armed forces were on high alert round the clock and ready to defend the homel
India carried out pre-dawn strikes on nine terror camps in Pakistan and PoK, with the Army releasing videos of the precision hits under Operation Sindoor
'Operation Sindoor' is the latest in the long history of military and diplomatic tensions between India and Pakistan, rooted in the dispute over Jammu and Kashmir
Delhi's big emergency drill, "Operation Abhyaas," will be held on Wednesday to prepare residents for air-raid warnings, blackouts, and more
'Operation Sindoor' saw India's Rafale fighter jets unleash Scalp missiles and Hammer bombs - two of the most advanced air-to-ground weapons in the Indian Air Force's arsenal
The Nifty has near-support at 24,200, below which the key support will be the 200-DMA at 24,050 levels, shows the technical chart.
India carried out precision strikes on nine terror-linked sites in Pakistan and Pakistan-occupied Kashmir under 'Operation Sindoor' targeting long-standing terrorist infrastructure
Bahawalpur, Pakistan's 12th largest city, reportedly serves as the nerve centre of Jaish-e-Mohammed, a place which also has a Masood Azhar connection
US Secretary of State Marco Rubio called for Indian and Pakistani leadership for a peaceful resolution, as India struck nine terror sites in Pakistan and PoJK under Operation Sindoor
Pakistan coalition government has endorsed an 18 per cent increase in defence spending to over Rs 2.5 trillion in the next budget due to tensions with India, according to a media report on Tuesday. The government is set to unveil the 2025-26 budget in the first week of the next month ahead of the start of the new fiscal year from July 1. India and Pakistan have witnessed heightened tensions since the April 22 terror attack in Jammu and Kashmir's Pahalgam that killed 26 people. The Express Tribune reported that the Pakistan Peoples Party (PPP) delegation, led by its chief Bilawal Bhutto Zardari, met with Prime Minister Shehbaz Sharif and his economic team to discuss the budget matters on Monday. The Pakistan Muslim League-Nawaz (PML-N)-led government shared roughly Rs 17.5 trillion worth of new budget framework with its key ally, the PPP, which agreed to 18 per cent increase in the defence outlay. There was a consensus between the PML-N and the PPP to increase the defence budget du
The Delhi govt will conduct mock drills under 'Operation Abhyaas' for disaster response training and safety preparedness in schools
Pakistani forces carried out unprovoked small arms firing in areas opposite Kupwara, Baramulla, Poonch, Rajouri, Mendhar, Naushera, Sunderbani, and Akhnoor in Jammu and Kashmir
Rising border tensions make Pakistani pigeons drifting into India a source of suspicion for Indian breeders, even as the centuries-old sport of kabutar-baazi quietly continues
Moody's warns that rising India-Pakistan tensions could derail Pakistan's fragile economic recovery and external funding, while India is expected to face limited economic impact
Last month, New Delhi suspended the 1960 Indus Waters Treaty between the nuclear-armed rivals that ensures supply to 80 per cent of Pakistani farms after Pahalgam attack
Pakistani troops continued unprovoked small arms firing in different sectors along the Line of Control (LoC) in Jammu and Kashmir, prompting effective retaliation by the Indian army, officials said on Sunday. The ceasefire violation by Pakistan was reported from eight places spread across five districts in the Union Territory during the intervening night of Saturday and Sunday but there was no report of any casualty, the officials said. This was the 10th consecutive night of unprovoked firing from across the border in Jammu and Kashmir, amid heightened tensions following the April 22 terror attack in Pahalgam that left 26 people, mostly tourists, dead. During the night of May 3 and 4, Pakistan Army posts resorted to unprovoked small arms fire across the LoC in areas opposite Kupwara, Baramulla, Poonch, Rajouri, Mendhar, Naushera, Sunderbani, and Akhnoor in J-K. Indian Army responded promptly and proportionately, a defence spokesperson said. The ceasefire violations along the LoC an
The govt said that the move is aimed at safeguarding Indian maritime assets, port infrastructure, and national interests
India calls it a national security move, days after the Pahalgam terror attack that killed 26 civilians