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Rupee falls 31 paise to 84.66 against US dollar in early trade after India avenges Pahalgam attack

Mumbai, May 7 (PTI) The rupee depreciated 31 paise to 84.66 against the US dollar in early trade on Wednesday, after India’s military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir increased cross-border tensions. Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba’s base in Muridke. The military strikes were conducted under Operation Sindoor two weeks after the Pahalgam attack that killed 26 civilians. Forex traders said the military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir bring the focus

What happened in India’s attack on Pakistan over Kashmir tourists killings?

NEW DELHI, May 7 (Reuters) – India launched strikes on Pakistan and Pakistani Kashmir on Wednesday, an assault Pakistan has called a “blatant act of war” as tensions escalate between the arch rivals after a deadly attack on tourists in Indian Kashmir. WHAT IS OPERATION SINDOOR? India said its Operation Sindoor struck nine Pakistani sites on Wednesday that were “terrorist infrastructure” where attacks against it were orchestrated. Sindoor means the red vermilion worn by married Hindu women, an apparent reference to the widows created by the April 22 attack that killed 26 men, most of them Hindu. Islamabad has said

India fires missiles into Pakistani territory in what Islambad calls ‘act of war’

ISLAMABAD, May 7, 2025 (AP) — India fired missiles into Pakistani-controlled territory in several locations early Wednesday, killing at least eight people including a child, in what Pakistan’s leader called an act of war. India said it struck infrastructure used by militants linked to last month’s massacre of tourists in the Indian-controlled portion of Kashmir. At least three civilians were also killed in Indian-controlled Kashmir by Pakistani shelling, the Indian army said in a statement. Tensions have soared between the nuclear-armed neighbors since the attack, which India has blamed Pakistan for backing. Islamabad has denied the accusation. Pakistan’s Prime Minister

Sensex falls 155 pts as investors turn cautious amid India-Pak tensions

Mumbai, May 6 (PTI) Benchmark indices Sensex and Nifty ended lower in a range-bound trade on Tuesday due to profit booking, mainly in banking and oil shares, and investors staying on the sideline amid escalating tensions between India and Pakistan. Snapping its two days of gains, the 30-share BSE Sensex declined 155.77 points or 0.19 per cent to settle at 80,641.07. During the day, it dropped 315.81 points or 0.39 per cent to 80,481.03. The NSE Nifty dipped 81.55 points or 0.33 per cent to 24,379.60. The trading activity was range bound ahead of the US Federal Reserve’s policy decision

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