India's measures announced against Pakistan on April 23 will remain effective, the sources said.
Among Sensex firms, Eternal, Infosys, Tata Consultancy Services, Tech Mahindra, Reliance Industries, Asian Paints, HCL Tech and Adani Ports were the laggards. Power Grid, Bajaj Finance, NTPC, State Bank of India and IndusInd Bank were among the gainers.
From the Sensex firms, Mahindra & Mahindra, Bajaj Finserv, Tech Mahindra, Power Grid, ITC, Hindustan Unilever, Reliance Industries and Maruti were the biggest laggards. IndusInd Bank, Bharti Airtel and UltraTech Cement were the gainers.
Tensions between India and Pakistan are escalating following last week's dastardly terror attack in Pahalgam that claimed 26 lives.
Sensex sinks 573 pts on global tensions and high crude prices
'Operation Sindoor had three objectives.' 'One, destroy the Lashkar-e-Taiba headquarters at Muridke and the Jaish-e-Mohammed headquarters at Bahawalpur.' 'Second, deter and defend any counterstrike by Pakistan.' 'And third, if they persist, demonstrably deliver counterforce punishment.' 'All of the three boxes, the IAF checked,' points out Shekhar Gupta.
The Standing Committee on Water Resources has recommended renegotiating the Indus Water Treaty with Pakistan to address the impact of climate change on water availability in the river basin and other challenges which are not covered under the agreement.
The Indian government has revoked 14 categories of visas for Pakistani nationals, including business, conference, visitor, and pilgrim visas, following the terror attack in Pahalgam, Jammu and Kashmir. The decision was made after a Cabinet Committee on Security meeting, and the Home Minister has instructed state governments to ensure that all Pakistani nationals leave India by the set deadlines. The order does not apply to Long Term Visas (LTVs) and diplomatic and official visas issued to Pakistani nationals.
IndusInd Bank, Nestle, UltraTech Cement, Mahindra & Mahindra, Power Grid, Asian Paints, Sun Pharma and Tech Mahindra were also among the laggards. Bajaj Finance, Bharti Airtel, ICICI Bank, Adani Ports and HCL Tech were among the gainers.
India has suspended the Indus Waters Treaty with Pakistan, citing sustained cross-border terrorism and security concerns. The treaty, brokered by the World Bank in 1960, governs the distribution and use of the Indus river and its tributaries between the two countries. India's decision follows a recent terror attack in Jammu and Kashmir, and has been met with strong condemnation from Pakistan.
UN Secretary-General Antonio Guterres has called for maximum restraint between India and Pakistan following a deadly terror attack in Jammu and Kashmir. Guterres' spokesperson, Stephane Dujarric, said that the UN chief is following the situation "very closely and with very great concern." Dujarric also stated that any issues between the two countries "can and should be resolved peacefully, through meaningful, mutual engagement." India has downgraded diplomatic ties with Pakistan and announced a raft of measures, including expulsion of Pakistani military attaches, suspension of the Indus Water Treaty of 1960 and immediate shutting down of the Attari land-transit post in view of the cross-border links to the terror attack.
Union Home Minister Amit Shah said on Sunday that indigenously developed BrahMos missiles destroyed Pakistani air bases while its air defence system, borrowed from China, remained unused, during Operation Sindoor, which exposed its lies on terrorism to the world.
Sections in the US State Department and Pentagon have always felt more comfortable dealing with all powerful Pakistani generals instead of elected civilians, points out Rana Banerji, who headed the Pakistan desk at RA&W.
The visuals show the BrahMos anti-ship and anti-surface cruise missiles being launched from a fleet of warships, including Kolkata-class destroyers and Nilgiri and Krivak-class frigates, reaffirming the Navys operational prowess.
Pakistan's ambassador to Russia, Muhammad Khalid Jamali, has warned that Pakistan will respond with "full spectrum of force", including nuclear, if it is attacked or its vital water flow is disrupted. The warning comes amid heightened tensions between Pakistan and India following a terrorist attack in Jammu and Kashmir. Jamali also reiterated Pakistan's stance on the Indus Water Treaty, saying any attempt to stop or divert water flow would be considered an act of war. He urged de-escalation, emphasizing the potential danger given both countries possess nuclear weapons. Jamali further called for a neutral investigation into the Kashmir attack, suggesting the involvement of China and Russia. He also highlighted the need to address the root causes of the conflict, pointing to the unresolved Kashmir issue and its potential for resentment.
'If you fire two missiles at Jamnagar or ten missiles there, what do you think India will do?' 'India will fire 500 missiles on Tarbela and Mangla, destroy the Sukkur Barrage, destroy Karachi port.' 'When you start issuing threats, it should be with some sense and sensibility.' 'You shouldn't just shoot your mouth off just because you have appointed yourself field marshal.'
Pakistan troops have violated the ceasefire agreement for the 11th consecutive night, firing on Indian posts along the Line of Control (LoC) in Jammu and Kashmir. The firing began in Kupwara and Baramulla districts and spread to other sectors, including Poonch, Rajouri, Mendhar, Naushera, Sunderbani, and Akhnoor. The Indian Army responded promptly and proportionately. The ceasefire violation comes despite a recent phone call between the Directors General of Military Operations (DGMOs) of India and Pakistan on April 29. This marks the latest escalation of tensions between the two countries, following a terror attack in Pahalgam in April.
Among Sensex firms, Bajaj Finserv, Tata Steel, Sun Pharma, Tech Mahindra, Bajaj Finance, NTPC, Nestle, Tata Motors, Hindustan Unilever and Mahindra & Mahindra were the biggest gainers. IndusInd Bank, Kotak Mahindra Bank, Power Grid and ITC were among the laggards.
From the Sensex pack, ITC, Hindustan Unilever, Mahindra & Mahindra, HDFC Bank, Eternal, Kotak Mahindra Bank, State Bank of India and ICICI Bank were the major gainers. IndusInd Bank, Power Grid, Bharti Airtel, Infosys, and Bajaj Finserv were among the laggards.
The phone conversation came amid escalating tensions between India and Pakistan over the April 22 terror attack that killed 26 civilians.
Prime Minister Narendra Modi addressed the nation on Independence Day, focusing on economic growth, self-reliance, and national security. He emphasized manufacturing quality products at affordable prices, supporting farmers, and combating terrorism and infiltration.
India briefed envoys of around 45 nations on the Pahalgam terror attack and its link to cross-border terrorism. The envoys were briefed in two batches by senior officials of the Ministry of External Affairs (MEA). India also announced punitive measures against Pakistan, including expulsion of Pakistani military attaches, suspension of the Indus Water Treaty of 1960 and immediate shutting down of the Attari land-transit post. Pakistan responded by shutting its airspace to all Indian airlines and suspending trade with New Delhi.
The highlight of Tuesday's debate on Operation Sindoor was the speech by Prime Minister Narendra Modi, with the rebuttal by Congress's Wayanad MP Priyanka Gandhi coming a close second.
'Trump's sons, and the son of Trump's Mideast envoy Steven Witkoff, are in the crypto business and recently signed deals with Pakistan's crypto council.' 'It may not be coincidental that not long before the Trump-Munir meeting, the head of Pakistan's crypto council met with Trump's White House crypto policy czar.'
Bharti Airtel is expected to see its highest revenue growth, and subscriber addition during the third quarter (October-December) of FY25 among telcos, said analysts. The telco's top line in Q3 may see the fastest sequential growth at 5 per cent compared to 3 per cent for Reliance Jio and Vodafone Idea (Vi). Airtel's annual mobile revenue growth would rise to 16 per cent, IIFL Capital said in an analyst note.
Benchmark stock indices Sensex and Nifty rebounded on Thursday after two days of decline, mirroring a rally in global markets as a US court blocked President Donald Trump's reciprocal tariffs. The 30-share BSE Sensex climbed 320.70 points or 0.39 per cent to settle at 81,633.02.
Puri said Pakistan was a country in "terminal decline" periodically using terrorism as an instrument of state policy.
As tensions escalated between India and Pakistan following the deadly Pahalgam terror attack, Iran reached out to both countries, urging de-escalation. Saudi Arabia also expressed concern, with its foreign minister engaging in phone conversations with his Indian and Pakistani counterparts. Iran's foreign minister, Seyed Abbas Araghchi, emphasized the importance of bilateral relations, stating Tehran's willingness to "forge greater understanding" at this critical time. Saudi Arabia's foreign minister, Faisal bin Farhan Al Saud, spoke with both India's External Affairs Minister S Jaishankar and Pakistan's Foreign Minister Mohammad Ishaq Dar. Amidst heightened tensions, India has taken a series of punitive measures against Pakistan, including suspending the Indus Waters Treaty and downgrading diplomatic ties. Pakistan responded by shutting its airspace to Indian airliners and suspending all trade. Both countries exchanged warnings, with Pakistan emphasizing its commitment to "respond firmly to any aggression."
Terrorism and insurgency in J&K had subsided when India demolished East Pakistan -- for the simple reason that Pakistan understands power. We need to follow Chanakya's dictum of Saam, Daam, Dand, Bhed for strategising against Pakistan, asserts Lieutenant General Prakash Katoch (Retd). The ground truth is that unless we are prepared to acknowledge our shortcomings, including massive intelligence failures, punish those responsible and take corrective actions, we will continue in the same vein, asserts Lieutenant General Prakash Katoch (Retd).
The United States on Thursday said it supports India's right to defend itself and its fight against terrorism as US Defence Secretary Pete Hegseth dialled Defence Minister Rajnath Singh amid rising tensions between India and Pakistan over the Pahalgam terror attack.
Among Sensex firms, Asian Paints, Bajaj Finance, Tata Steel, Bajaj Finserv, ICICI Bank, Maruti, Reliance Industries, HDFC Bank and Mahindra & Mahindra declined. Tech Mahindra, Tata Motors, Infosys, HCL Tech, IndusInd Bank and UltraTech Cement were among the gainers.
The Bharatiya Janata Party on Wednesday slammed Rahul Gandhi for his 'surrender' barb at Prime Minister Narendra Modi, saying it is not only a grave insult to the armed forces and country but also no less than treason.
The US has issued a 'Do Not Travel' advisory for Jammu and Kashmir citing potential for terrorist attacks and violent civil unrest. The advisory, issued on Wednesday, comes a day after a deadly terror attack in Pahalgam that killed 26 people, mostly tourists. The advisory also warns against traveling within 10 kilometers of the India-Pakistan border.
Regarding the possibility of talks, the minister said he was not aware of any such potential engagements.
From the Sensex firms, Infosys declined by 3.54 per cent. Power Grid, Eternal, HCL Tech, Tata Consultancy Services, Bharti Airtel, IndusInd Bank, NTPC and HDFC Bank were the major laggards. Sun Pharma, Adani Ports, Bajaj Finance, State Bank of India and Tech Mahindra were the gainers.
These are 'hidden champions' of strategic research and innovation. They are worthy of emulation within Indian industry, and maybe even a Padma!, notes R Gopalakrishnan.
Prime Minister Narendra Modi defended India's actions against terrorism, stating no country stopped India and criticizing the Congress party for not supporting the armed forces. He highlighted the success of Operation Sindoor and warned Pakistan against further misadventures.
India's Air Chief Marshal A P Singh met Prime Minister Narendra Modi on Sunday to discuss the security situation arising from escalating tensions with Pakistan. The meeting comes after a similar briefing by the Navy Chief on the situation in the Arabian Sea. This follows a deadly terror attack in Pahalgam, which India has blamed on Pakistan. India has taken several retaliatory measures, including suspending the Indus Waters Treaty and banning imports from Pakistan.
Main imports from the neighbouring country during April-January 2024-25 included fruits and nuts (USD 0.08 million), certain oil seeds and medicinal plants (USD 0.26 million), and organic chemicals.
Pakistan has offered to join any neutral and transparent probe into the Pahalgam terrorist attack that killed 26 people. Prime Minister Shehbaz Sharif also warned India against any attempt to stop, reduce or divert the flow of water belonging to Pakistan, saying any such action would be responded to with full force and might. Sharif said Pakistan has always condemned terrorism in all its forms and manifestations and has endured immense loss of over 90,000 casualties and economic losses exceeding USD 600 billion. He also reiterated Pakistan's support for the right of self-determination of the Kashmiri people.
