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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

Rupee falls 5 paise to close at 84.35 against US dollar

Mumbai, May 6 (PTI) The rupee settled for the day 5 paise lower at 84.35 against the US dollar on Tuesday, amid growing uncertainty and a cautious recalibration of risk appetite. According to forex traders, the USD/INR pair was supported by an overall decline in crude oil prices and sustained foreign fund inflows, while ongoing geopolitical tensions between India and Pakistan weighed on investor sentiments, keeping the rupee on edge. At the interbank foreign exchange, the domestic unit opened at 84.28 and moved between an intra-day high of 84.26 and a low of 84.63 against the greenback. The unit ended

Supreme Court restores election of CPM leader A Raja as MLA from seat reserved for scheduled caste

New Delhi, May 6 (PTI) The Supreme Court on Tuesday restored the 2021 election win of CPM leader A Raja from a Kerala seat reserved for scheduled castes and said in the age of intrusive media, where public figures, including judges, politicians and bureaucrats were under public gaze, it was not easy to hide one’s religion or caste. A bench of Justices Ahsanuddin Amanullah and Prashant Kumar Mishra allowed Raja’s appeal against the March 23, 2023 order of the Kerala high court cancelling his election. Congress leader D Kumar, who was the runner-up in the 2021 assembly polls, alleged Raja

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