Jaiveer Shergill responded after India conducted 'Operation Sindoor', hitting terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir
S&P Global Ratings on Thursday said the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support. S&P, which rates India and Pakistan at 'BBB-' with a positive outlook and a 'CCC+' (outlook stable), said that in the current scenario, it does not see any immediate impact on sovereign credit rating and expects the tensions to remain high over the next two to three weeks, with significant further military actions on both sides possible. "The outbreak of hostilities between India and Pakistan has increased regional credit risks, especially for the two sovereigns involved. Our base case is for the intense military actions to be temporary, which will give way to a longer period of contained and sporadic confrontations," S&P Global Ratings said in a statement. In a strong retaliation to the Pahalgam massacre, India's armed forces early on Wednesday ...
Pakistan's Defence Minister Khawaja Asif says claim of downing Indian jets is based on social media posts, as India dismisses it with a fact check and warns against spreading misinformation
Both nations, despite the heated rhetoric, have typically avoided escalation beyond tactical thresholds.
The rising tensions between India and Pakistan in the wake of the Pahalgam terror attack and Op Sindoor targeting terror camps in PoK was debated at length in the British Parliament, with members across parties appealing for UK efforts to aid de-escalation in the region. India launched Operation Sindoor early Wednesday, hitting nine terror targets in Pakistan-occupied Kashmir (PoK) and Pakistan's Punjab province in retaliation for the April 22 terror attack that killed 26 people in Jammu and Kashmir's Pahalgam. UK Foreign Office Minister Hamish Falconer opened the debate in the House of Commons on Wednesday with a statement reiterating Prime Minister Keir Starmer's earlier remarks over the importance of diplomacy and dialogue. He also expressed concerns related to the very personal aspect of the conflict for a large number of British Indians and British Pakistanis in the country. Our consistent message to both India and Pakistan has been to show restraint. They need to engage in ..
The firing, involving both small arms and artillery, targeted areas opposite Kupwara, Baramulla, Uri, and Akhnoor in Jammu and Kashmir
In a late-night development Wednesday, the Pakistan government has closed its airspace for all commercial flights at Lahore and Islamabad airports. The country's airspace is closed for all commercial flights at Lahore and Islamabad airports, said the Pakistan Airports Authority (PAA) in a statement late Wednesday night. The Karachi airport is however operational. Pakistan earlier on Wednesday announced a 48-hour closure of its airspace for all air traffic after India carried out a military strike on terror targets in Pakistan and Pakistan-occupied Kashmir. The PAA said that it has formally conveyed its concerns to the International Civil Aviation Organisation (ICAO) regarding the serious risks posed to civil aviation safety by India's reckless and provocative actions. Indian armed forces early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir under Operation Sindoor. It was launched in retaliation for the terror attack in Jammu
Air India and Air India Express have offered free rescheduling of tickets or full refunds on cancellations for armed forces personnel who have bookings with the airlines. The announcement came against the backdrop of India's armed forces destroying nine terrorist infrastructures, including that of Jaish-e-Mohammad and Lashkar-e-Taiba, in Pakistan and Pakistan-occupied Kashmir (PoK) in a 25-minute-long missile and drone strike early on Wednesday. "In the prevailing situation, for those personnel holding defence fares who are booked on Air India and Air India Express flights till 31 May 2025, we are offering full refunds on cancellation and a one-time waiver on rescheduling flights up to 30 June 2025 to support their duty commitments," Air India said in a post on X on Wednesday. A similar post was also shared by Air India Express.
Flight operations suspended at 16 airports in north and west India till May 10 morning as Operation Sindoor disrupts both domestic schedules and foreign flight paths
9 terrorist hubs in PoJK, Pak's Punjab hit in 'measured and non-escalatory' missile and drone strikes
US President Donald Trump urges calm between India and Pakistan amid escalating tensions; backs peaceful dialogue as India conducts airstrikes in response to terror attack in Pahalgam
Among the 21 identified terrorist camps and training centres spread across Pakistan and PoJK, the Indian armed forces launched coordinated attacks on nine
The codename 'Operation Sindoor' was chosen as an expression of solidarity with women whose husbands were killed by terrorists in Pahalgam on April 22
Everybody in Pakistan, and indeed in India, knew strikes were a matter of not 'whether' but 'when'. The Modi govt utilised these 14 days after Pahalgam to build an impression that there was no hurry
This latest escalation, though unavoidable in political terms, is unlikely to mark the end of cross-border terrorism
Given the circumstances and the nature of the Pahalgam terrorist attack, it must be noted that India and the Indian armed forces have shown remarkable restraint
Operation Sindoor and fears of escalation prompt cancellations, travel advisories, and concerns for both leisure and business travel across northern India
Tells Cert-in, banks, power stations to be on high alert
Senior executives at several of the country's top companies convened emergency meetings to evaluate exposure and prepare for possible disruptions
As of early-2025, India is importing crude oil from 40 countries, up from 27 earlier